What happened to the $30B GuySuCo loan?

first_imgDear Editor,It is now more than one year since the Special Purpose Unit of NICIL (SPU/NICIL) borrowed $30 billion ($US150 million) on behalf of GuySuCo. Because the money was borrowed at an interest rate of 4.5 per cent, GuySuCo must now pay about $2 billion in interest. Late in 2018, SPU/NICIL disbursed about $2 billion to GuySuCo, but for almost all of the $30 billion; the Guyanese people have no idea where that money is. Worse, the Agriculture Minister admitted late last year that he has no idea where that money is, that he has no idea why the money was taken and, quite frankly, he has no desire to know. GuySuCo’s management has no idea where the money is and, if it is being used, they have no idea how and why it is being used. It is a mystery, just like we do not know what has happened to the $US18 million Exxon bonus.With the no-confidence resolution mandating an election by March 20, 2019, there is amplified interest in where the $30 billion is. But Minister Holder is MIA (Missing in Action), the Guyanese people have no confidence that they will get an answer from him, as the responsible Minister. The President is, understandably, taking care of his health. The Prime Minister is MIA, anxiously worrying if AFC will stay with him as the PM Candidate should APNU+AFC maintain the coalition. In fact, the APNU+AFC are all MIA. The whole Government has gone somewhere, they are AWOL (Away Without Official Leave), MIA, nowhere to be found, excepting the now-and-then photo-opportunity. The nation’s business has been put on hold, even as this Government is defying the law and desperately trying to delay the constitutionally-mandated elections by March 20, 2019.SPU/NICIL has arrogantly dismissed the public’s outrage to inform the nation about the status of the $30 billion loan. There is obvious tension between GuySuCo for whom the loan was taken and the SPU/NICIL. The Agriculture Minister has maintained his disinterest in spite of GuySuCo’s pleas for someone to intervene so that the SPU/NICIL’s sidelining of GuySuCo’s management can come to an end. In fact, the Minister being MIA in this matter is consistent with his position in 2017 that he is not in charge of GuySuCo. At that time, he disowned GuySuCo, insisting that GuySuCo was under the charge of the Finance Ministry and the SPU/NICIL.With elections mandated before March 20, 2019, SPU/NICIL needs to come clean and give an account of what has happened to the $30 billion. In the meanwhile, as the Leader of the Opposition has stated, the privatisation of the closed estates must now wait until after elections. The Opposition party, the PPP, has stated unequivocally that all the closed estates will be reopened, should they win the elections. At the same time, the Leader of the Opposition and the presidential candidate for the PPP have both stated that should the PPP win the next elections, the PPP Government will not recognise any privatisation agreements for the closed estates made in this period.The Guyanese people want an answer and the responsible Minister has an obligation to provide answers. We know he is busy being MIA, but we urge him to show up for just a little so he can discharge his responsibility and tell us where this $30 billion is.Sincerely,Dr Leslie Ramsammylast_img read more

CSU faculty authorize strike that could start next month

first_imgCSU Chancellor Charles Reed issued a statement saying administrators were doing everything they could to reach a settlement, but if faculty do go on strike the system has plans in place to minimize disruptions. In Sacramento, Gov. Arnold Schwarzenegger issued a statement saying he was optimistic talks would resume. “Faculty and administrators must work together in good faith so that our students, who are bettering themselves through receiving a quality college education, do not become the unintended victims of a looming strike,” he said. Both sides agree CSU’s professors and lecturers are paid less than peers at comparable institutions. But administrators said they made an offer to increase wages by nearly 25 percent over the next three years. Union leaders dispute that most faculty would receive that much, questioning the mechanics of how the raises would be structured. A fact-finder’s report was completed Friday and sent to both sides, who have 10 days to decide what to do next. The report will not be made public until then. Union officials said about 80 percent of the 11,000 dues-paying faculty members eligible to vote on a strike did so and of those, 94 percent endorsed the action. The system has about 23,000 faculty in all. “We do not want to strike. We want to achieve a settlement, but the administration of the CSU has proven extremely obstinate for the past six months,” Travis said. In the statement, CSU said the fact-finder’s report would make clear the administration has “gone to great lengths” to try to reach a settlement. Some called the decision to strike a last resort. “I don’t think the CSU understands how bitter the faculty are,” said James David Ballard, president of the California Faculty Association’s CSUN chapter. “It’s not just about us and money. It’s about the quality of education that is going down. I don’t think the CSU understands how this strike will affect the long term.” Staff Writer Susan Abram contributed to this report. BERKELEY – Faculty of the nation’s largest four-year public university system have set the stage for a labor strike that could start as early as next month. The strike authorization vote announced Wednesday comes after nearly two years of bargaining have failed to produce an agreement. “We are a faculty that is fed up and we’re a faculty that’s ready to walk off the job,” California Faculty Association President John Travis said as he announced results of the vote at the Southern California campus of CSU Dominguez Hills. Union leaders said if a strike is called it would be limited to two-day actions held sequentially at the system’s 23 campuses to lessen the impact on CSU’s more than 400,000 students. last_img read more

Arsenal transfer news: Exciting gossip surrounding the Gunners’ January deals

first_img 5 With Liverpool sacking Brendan Rodgers and bringing in Jurgen Klopp to replace him, it might be time for Arsenal to worry again about the threat of the Reds.Arsenal have had a good, if inconsistent, start to the new season, which sees them sitting second, despite two losses – more than Tottenham, Everton and Leicester.Liverpool could soon be right up there challenging them if Germany boss Klopp has anything to do about it.And with the possibility of another team to battle against in the race for the Premier League title, Arsene Wenger may now look at bringing in reinforcements to his squad.So, what is the latest news on their movements in the transfer market? talkSPORT takes a look.Click the right arrow above to see which players Arsenal could sign to bolster their title bid… 2. Alexandre Pato (Corinthians (on loan at Sao Paulo)) – Click right for more Arsenal transfer news… – Arsene Wenger is clearly keen on adding another striker to his ranks, despite the form of Theo Walcott. One man being touted with a possibly move to the Emirates is ex-AC Milan Pato, who is in good for over in Brazil with Sao Paulo. The loan star has been in inspired form, scoring goals aplenty but sees his time there come to an end in December and agent Kia Joorabchian (more on him later) could move him to the Premier League 5 1. William Carvalho (Sporting Lisbon) – Read all about the latest gossip, below, then find out who else could be on their way to Arsenal by clicking the arrow above – The 23-year-old has been coveted by several top clubs in recent seasons but freely admits Arsenal are a club he’s incredibly fond of. Thierry Henry’s time in north London brought them to his attention and, as a defensive midfield, Carvalho is a player who could interest Arsene Wenger too. He’s in no hurry to leave Portugal but a move could materialise with the player rated at around £25m. 5 5. Luis Henrique (Botafogo) – He might be only 17 but plenty of European giants, including the Gunners are interested in pinching the forward from Brazil, according to reports. His release clause is £10.5million and it’s being reported agent Kia Joorabchian may try and help his star get the move. Arsenal may want to move quickly as he’s been selected for Brazil’s Under-17 World Cup squad and could grab the attention of more suitors. 5 4. Nir Bitton (Celtic) – Click right for more Arsenal transfer news… – Francis Coquelin’s emergence at Arsenal, rather strangely, may have put a spanner in the works for Arsene Wenger. While William Carvalho is being linked with a move to the Emirates, it may be more suitable to find an understudy for Coqueling rather than a big-money signing to usurp him and rock the boat. This is where Bitton could come in, with Gunners scouts reportedly watching him. He’d certainly be a cheaper alternative to Carvalho. 5 3. Edinson Cavani (Paris Saint-Germain) – Click right for more Arsenal transfer news… – The Uruguayan didn’t leave the Ligue 1 side in January, despite interest from the Gunners and Manchester United. Arsenal, though, are still keeping tabs on the striker as they contemplate reviving their interest next summer. Arsene Wenger appears extremely keen on landing the lank-haired star and will not be desisted. last_img read more

Scientist praised for pioneer research

first_imgIn that time, Andersen said, “there have been big success stories, like the cochlear prosthetics” that have restored hearing for many by carrying sound information directly to the auditory nerve. “But even though this has been going on for a long time, it seems like recently it’s just taken off,” he said. “I think in part it’s because there have been advances in engineering … and it’s very multi-disciplinary, so it requires not just physiology labs but clinicians, engineers, theorists.” Andersen’s lab does most of its work in the brain’s parietal lobe, a sort of “central station,” where sensory signals and higher-level cognitive information go in, and decisions and goals go out. “I think originally I was interested in (that area) because patients with lesions there from strokes and traumatic accidents have this very unusual set of deficits that are very interesting,” he said. Such patients ignore a part of the space around them, and also have problems making coordinated movements. In healthy brains, however, the parietal cortex – located about an inch above each ear – can be harnessed as a window into how monkeys, and hopefully humans, plan movement. “It’s like listening to a group of people,” Andersen said of recording the electrical firings in a parietal lobe’s neurons. “Each one is saying one little bit of a paragraph, and you’re putting them all together, so you can’t just listen to one to get the whole story.” But it takes surprisingly few brain cells, only about 40 or 50 amidst millions and millions, Andersen said, to capture a snapshot of the subject’s intentions. The electric chatter is collected by a tiny array of electrodes, each one like a fine needle in a matchhead-sized pin cushion. These electrodes are implanted onto the brain’s surface at a precise location and are connected to wires running through a hole in the skull to a bank of amplifiers, converters and computers. Shrinking the hulking size of many of these components is one of the many remaining challenges for the researchers. Among them, “one of the main issues is longevity of the device,” said Igor Fineman, a Huntington Hospital neurosurgeon who works with Andersen to perform the surgeries. Because the brain’s chemistry is like sea water, it slowly corrodes materials. More challenging is the fact that, over time, the signal from the neurons tend to fade, Fineman said, because of scarring, or as the neurons shift away from the foreign intrusion. For now, the neuroprosthetics can last from several months to years. Hopefully, Andersen said, one day they will continue to function for a patient’s lifetime. Fineman and Andersen won’t be the first to implant neuroprosthestics into humans – the Massachusetts-based company Cybernetics has already tested similar technology on a small number of patients. For their trials, they collect signals from a different region of the brain that more directly controls movement, called the motor cortex. Connecting directly to the parietal cortex could have some advantages, however, Andersen said, including faster reaction times. “I think in the long run, the field will target different parts of the brain to get different kinds of signals, so there will not be any particular area that’s superior to all others,” Andersen said. “After all, we have all those other areas for a reason.” (626) 578-6300, Ext. 4451160Want 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 MOREGame Center: Chargers at Kansas City Chiefs, Sunday, 10 a.m.Next year, pending approval from the Food and Drug Administration, Andersen plans to implant a small group of quadriplegics with devices that will give them – like the monkeys in his lab – new control over their worlds. Such patients normally are not be able to move their limbs, and many cannot speak or breathe on their own. If all goes well, Andersen said, “we would have them communicate through the computer, so they could do things like computer games, typing, e-mail, controlling their environment.” Such is the promise of the burgeoning field of neuroprosthetics. Scientists have been working toward this sci-fi fantasy of plugging directly into the human brain for about the past 40 years. PASADENA – The monkeys in Richard Andersen’s laboratory at Caltech practice mind control. Without so much as twitching a muscle, they can drag a cursor across a computer screen or flex a robotic arm. All it takes is a few tiny receptors in their brains, a bank of computers – and the insights of Andersen, a neuroscientist who this month was admitted into the prestigious Institute of Medicine. Over the course of his years of research, Andersen has worked to expand scientists’ understanding of how the brain functions. Now he stands poised to apply what he’s learned toward giving new freedom to people trapped in unresponsive bodies. last_img read more

Ex-Man City man Edin Dzeko insists he’s happy at Roma amid rumours of China move

first_img Edin Dzeko 1 Former Manchester City striker Edin Dzeko has denied reports he wants to leave Roma.The Bosnian was the top scorer in Italy last season after bagging an impressive 29 goals.It led to reports emerging that the 31-year-old, who spent four years at Manchester City, was set for a big-money move to China.But now Dzeko has quickly dismissed such talk and stated he is happy in Rome for now.“My future? I have a contract with Roma and I don’t think the club are thinking about anything else,” Dzeko told Radio Sarajevo.“I’m happy at Roma. Now I’m only thinking about the national team. After that, I’ll go on holiday to rest after a really long and difficult season.“Rejecting China? I don’t like to talk about the past, just the present. The truth is often distorted to speculate, for clicks, but the truth is based on facts, not lies.”last_img read more

Woman who stole t-shirts and handbag ordered to keep the peace

first_imgA woman who stole t-shirts and a handbag worth a total of €65 from Dunnes Stores has been ordered to keep the peace for 12 months.Mary McDonagh, aged 20, appeared at Letterkenny District Court charged with the thefts on June 22nd last at Dunnes Stores, Oldtown, Letterkenny. The court heard Gardai were called, viewed CCTV footage and called to the home of Ms McDonagh.They recovered t-shirts worth €35 and a handbag worth €30.She admitted the thefts.The court heard that Ms McDonagh had one previous conviction for a similar offence for which she received an adult caution.Solicitor Frank Dorrian told the court that this was an “impulsive act” and Ms McDonagh was a married but separated woman of very limited means.Judge Paul Kelly ordered Ms McDonagh to keep the peace for one year.Woman who stole t-shirts and handbag ordered to keep the peace was last modified: September 18th, 2017 by StephenShare 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)last_img read more


first_imgBOXING: Jason Quigley is quickly making a name for himself in the US – with his explosive performances in the ring – and he’s also making some high profile friends.Quigley took time out from his busy schedule to attend the Gennady Golovkin v Damid Lemieux fight at Madison Square Garden, New York. However, Quigley was introduced to rap sensation 50 Cent at the star-studded event.50 Cent has been apart of the Floyd Mayweather entourage in the past – and has sang the champion into the ring.Quigley may now ask 50 Cent to become part of his entourage, as he continues to make steady progress under the tutelage of Oscar De La Hoya at Golden Boy promotions.Quigley posted the picture (above) of him with 50 Cent on his Facebook timeline and said, “With 50 Cent last night at Madison Square Garden in New York for the Golovkin vs Lemieux fight. “This guy is a legend, great meeting him and thanks for the new gear and headphones of your clothing range Frigo.  QUIGLEY MAY CHANGE WALK-ON SONG AFTER MEETING WORLD FAMOUS RAP STAR was last modified: October 19th, 2015 by Mark ForkerShare 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:Jason QuigleynewsSportlast_img read more

High school lockdown linked to Bush protest

first_imgVAN NUYS – Van Nuys High School was temporarily locked down Wednesday after students protested against the Bush administration as part of a national demonstration. Van Nuys High School Principal Herman Clay directed students to remain on campus and at their desks for 1 1/2 hours after he said two dozen students disrupted classes during the protest. Some students said administrators threatened them with expulsion if they left campus and that one student was thrown to the ground as campus police attempted to take their pictures. The lockout occurred as 1,000 Los Angeles students – including about 15 or 20 from Van Nuys High School who were accompanied by an administrator – left class to join a midday rally hosted by The World Can’t Wait – Drive Out the Bush Regime. The New York-based group had staged protests in 70 U.S. cities. AD Quality Auto 360p 720p 1080p Top articles1/5READ MOREWalnut’s Malik Khouzam voted Southern California Boys Athlete of the Week “We had a few other kids, I suppose in sympathy, they went around campus uttering anti-Bush statements,” said Clay, who locked down the campus between 10:45 a.m. and the end of lunch. “They had refused a directive to go to class.” “This really wasn’t a big deal. We only went through (the lockdown) because we didn’t want to take the risk of more kids out of class.” The Los Angeles protest included a midday march down Wilshire Boulevard and a rally held outside the Federal Building. At Reseda High School, administrators said about 15 to 20 students were poised to leave school until they spotted a Los Angeles police cruiser roll in with truant Reseda High students. Fines for truancy range upward of $250. Reseda High Principal Alfredo Tarin said students were free to leave as long as they signed out and were willing to pay the fine. He said a handful of students chose to attend the Mid-Wilshire rally. Allan Nalvandyan, a freshman at Van Nuys High School, said he believed campus cops and administrators violated the free-speech rights of between 40 and 50 students by threatening to expel any student who joined their fellow students at the protest. He said officials also followed would-be demonstrators around campus to videotape or photograph them, and that at least one scuffle occurred between a student and an administrator. “It’s really messed up,” said Nalvandyan. “We weren’t demonstrating – we were trying to leave for the rally.” The Los Angeles school police had no report of any injuries during the Van Nuys High School lockdown. Dana Bartholomew, (818) 713-3730 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


first_imgDONEGAL Daily Weather Report, in association with The Mount Errigal Hotel, Letterkenny, Tel 07491 22700.Today’s Weather: Very mild at dawn with temperatures starting the day at 8C, perhaps a couple of degrees lower along the coasts, where mist and fog may linger into the morning.Generally a dry day with bright sunny spells especially in the afternoon. Temperatures are 5C above average for this time of the year with Donegal seeing the warmest weather today of 15C, or even 16C at times, especially in the south of the county. The warmer weather will continue, according to Met Eireann, though BBC NI reckons it will be cooler for the rest of the week with wetter weather for the North West.IT’S FIFTY-50 Tuesday at Dexter’s at the Mount Errigal Hotel today. Enjoy a Dexter’s Sharing Platter for Two for just €29.50.2x4oz Irish Burger with Blue Cheese & Onion, Ribs, Breaded Prawns, Spicy Chicken Wings, 2 side orders & BBQ dip!The Mount Errigal Hotel, Letterkenny, Tel 07491 22700.  15C AND (MAINLY) GLORIOUS! THE DD WEATHER REPORT WITH THE MOUNT ERRIGAL HOTEL was last modified: April 1st, 2014 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:donegal daily weatherMount Errigal HotelTuesday deallast_img read more


first_imgDeputy Padraig Mac LochlainnSINN Féin Justice Spokesperson Pádraig Mac Lochlainn TD has announced that the party will publish legislation to amend Section 30 of the Garda Síochána Act 2005 to exclude local community festivals and events from being subject to charges for policing services. He says his party will introduce this Bill to the Dáil as soon as possible.Speaking after challenging Minister for Justice Frances Fitzgerald on the issue in the Dáil today, Deputy Mac Lochlainn said: “I am not satisfied with the Minister Fitzgerald’s response to the issue.“The Minister contends that a policy review and possible non-binding policy changes are required to address these charges. Sinn Féin does not agree with this contention.“What is needed is a clear legislative provision that is binding on An Garda Síochána, so that local festivals, charity fundraisers, and voluntary events can organise their activities with the assurance that they will not, under any circumstances, be charged for policing services.“Only a change to the legislation can offer this assurance and that is why we will be publishing the bill. “The Sinn Féin Bill is clear in its objectives. An Garda Síochána will not be permitted to charge for the policing of local cultural or heritage festivals, charity fundraisers, local events that are organised on a voluntary basis and events where profit generated is invested in full for the benefit of the local community.“The work that such committees and voluntary groups do is commendable. We must support all their efforts to fundraise, organise and sustain such events.“These festivals and events provide vital tourism and recreation for many rural towns and villages across the State.“Sinn Féin supports the work of these groups and will seek to protect them from exorbitant charges that undo any fundraising or grants that the festival or event may have had.”SINN FEIN BID TO EXEMPT LOCAL FESTIVALS AND COMMUNITIES FROM GARDA CHARGES was last modified: July 7th, 2015 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:Padraig Mac LochlainnSINN FEIN BID TO EXEMPT LOCAL FESTIVALS AND COMMUNITIES FROM GARDA CHARGESlast_img read more