Good ole sugar

first_imgDear Editor,In recent times, companies such as Pepsi Cola have begun to add products in the USA that no longer contain corn syrup, but instead are made with good ole sugar. Keeping with consumer health trends, these products are also sold at a premium to their corn syrup products in the market place. Such supplier contracts are quite lucrative and if pursued could provide the much needed income to combat operational inefficiencies at the Guyana Sugar Corporation (GuySuCo).In addition, the alcohol beverage market continues to be in need of bulk rum which also has an attractive margin at the operating margin line. This is yet another healthy market that offers contracts that could easily improve the profitability of GuySuCo via more profitable revenue streams.Best regards,Jamil Changleelast_img read more

Jagdeo need not respond to attempts to discredit his tremendous accomplishments

first_imgDear Editor,It has become necessary to underscore the fact that a new trend seems to be developing, wherein persons wishing to etch their names in the public psyche latch onto a prominent individual in society — whom more often than not these days is former president and current Opposition Leader, Bharrat Jagdeo – an art that some could argue has been perfected by newspaper columnist Freddie Kissoon.A recent iteration of this has been evidenced in a recent letter penned by Saieed I Khalil, headlined, “Jagdeo is no Lee Kwan Yew” and published in the September 19, 2017 edition of the Stabroek News.The letter writer attempts to discount Jagdeo’s stewardship of Guyana’s economy, and credit our country’s consistent economic progress under his tenure to favourable global conditions.Students of economics at least should possess the basic understanding that global conditions alone do not translate to economic progress, even when those global conditions are favourable; which is why our leaders are tasked with advancing policy direction to enable future and sustainable growth.Guyanese did not enjoy more than a decade of economic progress under Jagdeo and the former PPP/C Administration because of favourable global conditions; they did so because of the careful planning on the part of Jagdeo and the PPP/C. One only has to look at the letter writer’s own arguments to understand this.Khalil contends that: “Oil prices are now lower than they have been in more than a decade…the US economy is in the middle of an eight year long upswing, and stocks are 235% higher than they were in 2009.” Yet, what is our current economic position? Where are the foreign direct investments? Where are the jobs? Where is wealth being created for average Guyanese? What is the position of our foreign exchange? These are only a few of the many criticisms voiced about the current APNU+AFC Coalition Administration’s management of the local economy.The reality is that, despite the favourable global conditions cited by Khalil, Guyana is not doing well, due to the lack of coherent economic policy from the current Government – a vastly different state of affairs compared to the policies put in place by Jagdeo and the former PPP/C Administration.The letter writer also fails to recognise that there has to be a profound analysis of several inter-related issues, including several major transformational projects, to improve the general understanding of the economic situation at that time – as opposed to the simplistic expression Khalil offers.What Khalil does is ‘name drops’ disparate and unrelated economic concepts, including mention of the global financial crisis, in an attempt to lend depth to his supposed analysis. He also mentions the Economic Recovery Programme (ERP), but it must be noted that there is no analysis of the ERP that is offered, nor is there an acknowledgment of the fact that the ERP, by its very nature, exposes the situation that the former PPP/C Administration took over in 1992. Khalil states only that “the Economic Recovery Programme (ERP), a package of reform measures overseen by the late President Desmond Hoyte to ease the economy away from decades of debilitating ‘cooperative socialism’ and towards a market oriented economy, was beginning to pay dividends. Guyana went through an ERP because the country was bankrupt – a fact acknowledged by then Finance Minister, Carl Greenidge, who said that 153 per cent of revenue was being used to service debts at the time.Guyana having to go through an ERP sets the starting point of what the then PPP/C Administration inherited from the People’s National Congress (PNC).Khalil goes on to say that Guyana received “roughly US billion aid package from the European Union granted in compensation for the impending 36 per cent cut in the preferential price for Guyana sugar heading to the bloc.” The reality is that Guyana only received US8 million – nine times less than what Khalil claims.Interestingly, this ‘student of economics’ could not differentiate between US billion and US8 million. That said, there are fundamental transformative moves that can be directly credited to Jagdeo and the former PPP/C Administration, including the facts that:1: A bankrupt country was transformed to a country that was the most viable in the Caribbean. If Khalil was analyzing a trend, he would have recognised this fact.2: All the macro-economic fundamentals advanced by the PNC had been transformed from unsustainable to ones that are highly conducive to growth and development.3: The biggest single constraint to growth was debt, which was substantially reduced.4: Guyana was moved beyond stabilisation to a growth era.5: Growth areas were identified to create the wealth for the future. Oil and gas were one of those. Also, in pursuit of the said growth areas, the Low Carbon Development Strategy was one of the most transformative and progressive in the world, which led to Guyana being recognised globally.6: And Guyana was leading in CARICOM with an initiative that had Jagdeo’s name on it – an initiative relative to food security.  Jagdeo was chosen by Dr Cheddi Jagan to head the Committee to draft the National Development Strategy. In his tenure, he advanced the NDS, the Poverty Reduction Strategy, and the Low Carbon Development Strategy. He was selected as one of the young global leaders by the World Economic Forum in 2005, and served as the Vice Chair of the ACP Eminent Persons Group. He was also appointed by the UN Secretary General to the High-Level Advisory Group on Mobilizing Climate Change Resources. He was selected by the Summit of Heads of State, held in Congo in 2011, as the Roving Ambassador for the Three Forest Basins. He was named as IUCN High Level Envoy for Sustainable Development in Forest Countries and Patron of Nature in 2012. He was the First President of the Green Growth Institute Assembly (2012-2014), a newly formed international organisation based in Korea.Time Magazine had named President Jagdeo a 2008 ‘Hero of the Environment’. The United Nations, in 2010, declared President Jagdeo as one of its ‘Champions of the Earth Awardees’. As recent as 2016, he was chosen as the United Nations (UN) Food and Agriculture Organisation (FAO) Special Ambassador on Forests.All considered, Jagdeo need not respond to a poorly constructed attempt to discredit his accomplishments, as well as those of the former PPP/C Administration.Sincerely,Adrian Anamayah, MPAttorney-at-Lawlast_img read more


first_img Full Schedule Roster Preview Next Game: at Ontario Tech 10/20/2019 | 5:00 p.m. Matchup History The No. 9 University of Toronto Varsity Blues men’s soccer team were defeated by the No. 2 Carleton Ravens, 3-1, on Sunday afternoon (Oct 13) at Varsity Stadium.HOW IT HAPPENED: The Ravens put the pressure on the Blues early. Scott Mazzotta found the back of the net to give Carleton the early lead. They would continue to burden Blues goalkeeper Stefan Dusciuc but he would shut the door and make seven saves in the half. The Blues headed into halftime down by one.Carleton would strike early again in the second half, with a goal from Stefan Karajovanic. The Ravens scored again in the 64th minute to push their lead to three. Toronto would try to get plays going but were shut down by the Carleton defence. Jacob Doroszkiewicz found the back of the net in stoppage time but the Ravens headed home with the win.UP NEXT: The Blues close out their regular season next Sunday (Oct 20) in Oshawa against the Ontario Tech Ridgebacks.For more information, scores and highlights on your favourite U of T athletes and teams, please visit Don’t forget to follow us on Twitter, Instagram and Facebook for the latest and greatest in Varsity Blues intercollegiate athletics.Print Friendly Versionlast_img read more

Boxing Etc.

first_imgTonight’s co-feature at Honda Center in Anaheim between Jorge Arce of Mexico and Argentina’s Julio David Roque Ler should provide plenty of action. Arce (45-3-1, 35 KOs) has won titles in the light flyweight and flyweight divisions. He is now a top-ranked super flyweight, so he will be difficult to beat. But Bob Arum, who promotes Arce, might have provided Ler with incentive during a news conference Wednesday while talking about some of the great fighters who have come come out of Argentina, such as middleweight champion Carlos Monzon, middleweight contender Juan Roldan and heavyweight contender Oscar Bonavena. “I know Arce is a very popular fighter, but I came here to give my best in the ring and I came here to prove that Argentina has great fighters,” said Ler, who is 23-1 with 14 knockouts. … Vanes Martirosyan (11-0, 7 KOs) of Glendale will take on Taronze Washington (9-4, 5 KOs) of Dallas in a six-round junior middleweight preliminary. Martirosyan, just 20, boxed for the U.S. in the 2004 Olympic Games. … Oscar De La Hoya on Thursday said a decision on who will train him for his May 5 mega fight against Floyd Mayweather Jr. in Las Vegas has yet to be made. De La Hoya has been trained the past several years by Floyd Mayweather Sr., who is asking De La Hoya for $2 million to train him against his son. “There has to be some negotiating on that price,” De La Hoya said. That said, De La Hoya gave every indication that it is unlikely Mayweather Sr. will be in his corner for that fight. Among the other possibilities are Freddie Roach and Teddy Atlas. De La Hoya said he was close to making up his mind. 160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set!last_img read more

118 Freeway closed after crash

first_imgCHATSWORTH – The Ronald Reagan Freeway was closed in both directions tonight near Topanga Canyon Boulevard to allow an emergency medical helicopter to land and airlift an injured motorcyclist, authorities said. “The motorcycle is on one side of the freeway and the person is on the other side of the freeway,” said Vince Ramirez, spokesman for the California Highway Patrol. The accident occurred on the eastbound side of the freeway, also known as the 118, at about 7:30 p.m., Ramirez said. No other details were available. 160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set!last_img

Pico Rivera man leads panel for seniors

first_imgOne Pico Rivera man is volunteering to give seniors like himself a voice in Los Angeles County. Manny Guerrero, a Pico Rivera resident for 42 years, retired from his position as a parks and recreation sectional manager in 2003, after 38 years on the job. It wasn’t long before Guerrero, 69, was on the job for the county again, this time as a volunteer for the Los Angeles County Commission on Aging. Guerrero is president of the commission, established by the county Board of Supervisors in 1949 to report back on the needs of seniors living in unincorporated areas of L.A. County. Commissioner Domingo M. Delgado of El Monte has known Guerrero through their jobs at Parks and Recreation for more than 30 years. “Manny is very knowledgeable about how the county works,” Delgado said. “He’s friendly, outgoing and he’s a very accomplished person.” Guerrero’s position allows him to work with older people in the community, he said, giving them much-needed help with everything from recognizing fraud to deciphering Medicare. “They show a lot of appreciation for what we give them, as far as information,” Guerrero said. Elected in July, he will serve as president until the end of June 2008, when he expects to return to his previous position as a commissioner with the group. Relatively new to the commission, Guerrero served for a single two-year term before being elected president by the 45 members of the group. Cindy Skovgard, lead commissioner for the 4th District, said she has known Guerrero for about three years. They met through their work for older people in Los Angeles. Despite Guerrero’s short history with the group, Skovgard said she sees him as a strong leader who keeps divisions within the commission at bay. “He’s very much a uniter,” Skovgard said. “He likes to bring people together.” Skovgard also commented on Guerrero’s compassion for seniors in need of help. “He’s very compassionate towards the people we serve on the commission,” she said. According to Guerrero, his unpaid position with the commission is an extension of his longtime commitment to volunteerism and to Pico Rivera. Guerrero’s wife, Margaret, died four years ago. The couple raised four children, two of whom still live in Pico Rivera. Guerrero also has two granddaughters. Guerrero said he volunteered while his children were in school, but has been able to participate more in recent years. “I’m retired now, so it’s easier for me,” Guerrero said. “I would say that I’ve got to be involved at least 20-25 hours a week.” In addition to his work with the commission, Guerrero participates in PanAmerican Club and Whittier Optimist Club, two community service organizations. This October, Guerrero will take on the position of district governor for the Optimists, overseeing about 50 clubs in California, Nevada and Hawaii. Carlos Rodriguez of the San Gabriel-Mission Valley Optimist Club has known Guerrero through volunteer work for about eight years. The two have been working together to prepare for Guerrero’s role as district governor. Rodriguez said Guerrero is a generous and loving man. “He’s the kind of guy who would not only take the shirt off his back but give you a few bucks to buy another shirt,” Rodriguez said. “If he were getting paid for his volunteer work, he’d probably be a multi-millionaire.” (562) 698-0955, Ext. 3029 160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set!last_img read more

Norwich agree Dorrans switch on two-year deal

first_img Graham Dorrans Norwich have turned Graham Dorrans’ short-term loan into a permanent move, with the midfeidler leaving West Brom to sign a two-year deal at Carrow Road.The Canaries announced on Wednesday that the Scotland international had penned the switch for an undisclosed fee just 48 hours after he helped the club win promotion to the Premier League.Dorrans appeared as a substitute in the club’s Championship play-off final victory over Middlesbrough, as early goals from Cameron Jerome and Nathan Redmond sealed a comfortable 2-0 win at Wembley.The 28-year-old had been on loan with Norwich from February, making 18 appearances for Alex Neil’s side.The midfielder joined West Brom from Livingston in 2008 and turned out for the Baggies on 189 occasions, scoring 26 times. 1last_img

Missed Giroud’s header and Payet’s stunner for France? Watch them here!

first_img Dimitri Payet scored the winning goal for France 1 France secured all three points on opening night of Euro 2016, clinching a 2-1 win over Romania at the Stade de France.However, it was not as easy as many expected, with Romania putting up a real challenge for the hosts to overcome.In fact, it took until the dying minutes for Didier Deschamps’ men to actually secure the win.Having taken the lead through Arsenal striker Olivier Giroud, Romania pegged France back moments later, with Bogdan Stancu converting a penalty past Hugo Lloris.The visitors seemed to be edging towards an impressive draw, but West Ham star Payet popped up on the cusp of injury time to curl a stunner into the back of the net.You can watch Giroud and Payet’s goals below…last_img

Shooting victims identified in Granada Hills homicides

first_imgGRANADA HILLS — Police this morning identified two men whose bodies were found shot multiple times in the living room of a Granada Hills home, a detective said this morning. Friends Felimon Contreras, 29, and Heriberto Corpus, 20, of Pacoima, were found by Contreras’ girlfriend when she returned about 2 p.m. Thursday to their house in the 17000 block of San Jose Street, police said. No arrests have been made. There were no signs that someone broke in. It didn’t appear that the victims were robbed, said Los Angeles Police Detective Mike Fesperman. No shell casing were recovered. The victims had arrests for narcotics, Fesperman said, but few other details were immediately available. 160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set! AD Quality Auto 360p 720p 1080p Top articles1/5READ MOREWhicker: Clemson demonstrates that it’s tough to knock out the champNeighbor Jerry Williams said that before the victims moved in six or seven months ago, police raided the house and discovered it was being used to grow marijuana. Soon after, those people were evicted, and the home’s owner fixed up the property and assured Williams the next tenants would be an improvement because he found them through his church. Although police said one man and two women lived at the home, Williams said it appeared to him that two younger men, two young women and an older man lived there. In March, shortly after they moved in, two of the men who lived there helped Williams trim some trees that were hanging over from his yard into theirs, Williams said. They shared a couple beers and engaged in small talk. For more news and observations about crime in Los Angeles and the San Fernando Valley, check out the Daily News’ crime blog by clicking here.last_img read more


first_imgBREAKING NEWS: By Chris Massey, Our Christmas Correspondent: Santa is on his way to Donegal.He was spotted circling over Malin Head in his magic sleigh just after 8.30pm by local people before several more positive sightings shortly afterwards from Fanad to Crolly.However we understand he hasn’t touched down in Donegal just yet as he’s checking wind patterns and power outages. However his first stop will be Arranmore Island in the next hour.His presence there later this evening had sparked a row earlier on Christmas Eve with both ferry companies operating between the island and Burtonport.Both ferry operators had claimed on Facebook that they would be bringing Santa, his reindeers and presents to the mainland after his visit to the island.Cllr David Alcorn had to hold an emergency meeting in a Burtonport bar to resolve the dispute this afternoon, with the RNLI now stepping in. “Santa was keen to save the reindeers’ energy for the rest of the night because it was so stormy and he decided to get the ferry across, but this row between the red and blue ferry companies over who was going to take Santa across wasn’t good,” said Cllr Alcorn.“There’s a row about this every year and there’s no need for it. They really should take turns.“Thankfully the Arranmore Tunnel is due to open before next Christmas and that’ll put an end to that. Merry Christmas,” he added.Meanwhile eye-witness Joe ‘Dearg’ Gallagher, speaking from outside the North Pole Bar in Drumfries, near Clonmany, said Santa stopped off for a drink with him around 8.35pm.Mr Gallagher admitted that he had “had a few” but insisted Santa had spoken to him in fluent Irish and confirmed he was heading for Arranmore first. “He was in good form, but I was surprised to see him drinking Pepsi. I thought he was a Coca-Cola man myself,” said 83-year-old Joe.He added: “Nollaig shona.”BREAKING NEWS: SANTA SPOTTED OFF DONEGAL COAST, BUT ROW SPARKED IN ARRANMORE was last modified: December 25th, 2013 by John2Share this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window)Tags:arranmoredonegalSANTAvisitlast_img read more