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Category: Economy

News

How to get rich from commodities

How to get rich from commodities

Tips from Botswana on how to avoid the resource curse Africa’s soil is studded with buried treasure. Half the world’s diamonds are mined there. The largest producers of cobalt, manganese and uranium are all African countries. Since 2000 more big petroleum discoveries have been made in sub-Saharan Africa than in any other region. Yet Africans are not…
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President Lula doesn't want poor countries around Brazil

President Lula doesn’t want poor countries around Brazil

But illegal Brazilian goldminers in Suriname damage the environment beyond repair. No Focus. eyesonsuriname Amsterdam, June 11 2023–Guyana’s Vice President, Dr. Bharrat Jagdeo, dispelled questions about whether Petrobras’ withdrawal from Guyana’s inaugural offshore licensing round is linked to the controversy surrounding Venezuela’s claim for Guyana’s territory. “Absolutely not!” was his response when asked. He argued…
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Lula Summit Latin America

Lula da Silva’s Summit will gather 11 South American leaders

Amsterdam, 28 may 2023–President Luiz Inácio Lula da Silva’s “retreat” Summit scheduled for May 30 will gather 11 South American leaders, it was confirmed Friday in Brasilia. The presidents of Argentina, Bolivia, Chile, Colombia, Ecuador, Guyana, Paraguay, Suriname, Uruguay, and Venezuela have confirmed their presence. The only absence will be that of Peruvian President Dina…
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TotalEnergies in Suriname

Suriname could do much better

But a distressful lack of confidence plays its part eyesonsuriname Amsterdam, 28 May 2023–Why is TotalEnergies seen as Suriname’s golden ticket to kickstart its Guyana-like offshore oil production operations and why are proceedings so  slow? TotalEnergies is seen as a potential solution to kickstart offshore oil production operations in Suriname, similar to those in Guyana. However,…
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Brazil to become a Switzerland of Latin America?

Brazil is on track to become the Switzerland of Latin America. A huge trade surplus is emerging, unlike any other country in the region. This is going to give Brazil external stability and a strong currency unlike the rest of Latin America. Brazil will be the region's anchor… pic.twitter.com/gvGDE0ZKs3 — Robin Brooks (@RobinBrooksIIF) May 25,…
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Europe's Weakest Border? Smuggling Between Suriname and French Guiana

Europe’s Weakest Border? Smuggling Between Suriname and French Guiana

eyesonsuriname – by Douw den Helden Stuart Codrington favors the direct approach. Within five minutes of our interview starting, the Surinamese border control officer grabs his gun, shoves it in his pocket, and takes us out of his tiny, air-conditioned office into the afternoon heat.  Soon, we are trundling along a badly maintained road in…
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Suriname & the IMF

Suriname & the IMF

eyesonsuriname The IMF staff team and Surinamese authorities reached a staff-level agreement on the second review of the authorities’ economic recovery program supported by the Extended Fund Facility (EFF). The review is subject to approval by the IMF’s Executive Board.. Suriname’s economy continues its slow post-pandemic recovery, but the shock of higher commodity and food…
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International visibility increases Finland’s influence

International visibility increases Finland’s influence

Helsinki could do a little bit more in Suriname   eyesonsuriname   Amsterdam, May 17 2023 — The other day eyesonsuriname.com was chatting with a new friend from Finland. He was kind of puzzled about the role of his home country in the world and said something in the order of: ” Yes, but those strong…
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Sweet Suriname…Switie Sranan

For Whom and When ? eyesonsuriname Amsterdam, 9 May 2023– Suriname’s state oil company Staatsolie Maatschappij Suriname N.V., TotalEnergies Suriname and QatarEnergy signed production sharing contracts for offshore blocks 6 and 8 on Monday May 8, 2023. In 2021, a Shallow Offshore Bid Round was completed offshore the South American country. Production Sharing Contracts (PSCs) have already…
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Suriname possibly on the right way of prosperity

Suriname possibly on the right way of prosperity,

wealth and equality eyesonsuriname Amsterdam, 9 May 2023 –The most striking news to emerge from Suriname’s recently concluded Energy, Oil and Gas Summit (SEOGS) 2022 was uttered by the Vice President of Offshore at Staatsolie, Glenn Corrie – that 30 billion barrels of oil equivalent awaits discovery in the South American nation’s oil basin. Het offshore gebied van Suriname bevat…
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