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Category: Economy

News

David Goldwyn

Lack of financing poses greatest risk to Guyana’s local content development efforts, warns energy expert

Guyana faces a critical obstacle hindering the participation of local businesses in the country’s local content development initiatives – the challenge of accessing crucial financing. This issue threatens to undermine the entire local content effort vital for the nation’s economic growth, as highlighted by energy expert David Goldwyn, renowned for his experience in the U.S.…
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Javier Milei’s radical policies win over weary Argentines

He is a self-proclaimed “anarcho-capitalist” and in a run-off, the people have entrusted this political firebrand to shake the country out of economic malaise. Will he deliver?

Javier Milei

In Argentina, Javier Milei faces a massive economic crisis

The radical libertarian is taking over a country on the brink To an American audience, Argentina’s election may seem uncannily familiar. A political outsider with bouffant hair and a history of outrageous remarks promises to make the country “great again”, and is written off by the liberal elite before winning the presidential poll with a…
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Why is Argentina’s economy such a mess

Why is Argentina’s economy such a mess?

Rampant inflation, a booming black market for US dollars and crippling debt – welcome to Argentina, one of the world’s most dysfunctional economies. How did it end up like this?

Argentina Could Have Been a Superpower. Now, It's Falling Apart.

Argentina Could Have Been a Superpower. Now, It’s Falling Apart.

100 years ago, Argentina was one of the wealthiest places on the planet. But then something went wrong and Argentina started a long economic downfall that has been getting worse, worse and worse ever since. But how does a country go from a future superpower to one of the most messed up economies in the…
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The Next Global Superpower Isn’t Who You Think – Ian Bremmer

The Next Global Superpower Isn’t Who You Think – Ian Bremmer

Who runs the world? Political scientist Ian Bremmer argues it’s not as simple as it used to be. With some eye-opening questions about the nature of leadership, he asks us to consider the impact of the evolving global order and our choices as participants in the future of democracy.

Why Suriname may and could matter

Why Suriname may and could matter

eyesonsuriname Amsterdam, 15 nov 2023– according to the United States Geological Survey, an estimated 13.6 billion barrels of oil and 32 trillion cubic feet of natural gas could lie in the Guyana-Suriname Basin, making it the 2nd most prospective, underexplored offshore oil basins in the world.  Experts have long suspected that the basin may share a similar…
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Canadian parliamentarians arrive in Guyana for high-level talks

Canadian parliamentarians arrive in Guyana for high-level talks

eyesonsuriname / oilnow A four-member parliamentary delegation from Canada arrived in Guyana on November 14, commencing a five-day visit aimed at fortifying and deepening the diplomatic relations between the two nations. The visit was facilitated through the Commonwealth Parliamentary Association (CPA).  Led by prominent Canadian parliamentarians, the delegation comprises Alexandra Mendès, Assistant Deputy Speaker, and…
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Dominica Prime Minister Roosevel Skerrit

Caricom Saudi Summit

eyesonsuriname Several Caribbean Community leaders arrived in Saudi Arabia on Wednesday for what is being billed as the first summit meeting between the 15-nation bloc and one of the richest nations on the globe. Most of the leaders had assembled in Barbados on Tuesday for the flight to Riyadh including Chairman Prime Minister Roosevelt Skerrit of Dominica,…
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Fitch Upgrades Suriname's LT-FC IDR to 'CC'

Fitch Upgrades Suriname’s LT-FC IDR to ‘CC’

Fitch Ratings – New York – 16 Jul 2020: Fitch Ratings has upgraded Suriname’s Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘CC’ from ‘RD’. Fitch has also upgraded the issue rating on Suriname’s 2023 notes to ‘CC’ from ‘D’. KEY RATING DRIVERS The upgrades follow the completion of the “consent solicitation” to reschedule the principal…
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