Cummingsburg Accord 2nd anniversary…gives administration “F” gradeToday marks the second anniversary of the formation of the coalition, but their performance in government is nothing worth celebrating, according to Opposition Leader Bharrat Jagdeo who, on Monday, ridiculed President David Granger’s A Grade of his Administration.Jagdeo said the President’s assessment was proof that he was trapped in a cocoon and completely out of touch with reality. “They are increasingly growing aloof and out of touch with reality and that it’s permeated the entire Government all the way to the top, all the way to the presidency…in the face of all the evidence that his Government has underperformed, has failed in many areas, has demonstrated an unbelievable level of incompetence, he gives his Government the top grade,” he told media operatives during a People’s Progressive Party (PPP) press conference at Freedom House.In relating his personal assessment of the A Partnership for National Unity/Alliance For Change (APNU/AFC) coalition’s performance over the past 19 months, Jagdeo contended that they deserve a “bold red F Grade” for failure in all aspects of managing the country.According to the former President and now Opposition Leader, it appears that the coalition is more focused on politics than on doing what is best for the country and its citizenry.InvestmentsJagdeo noted that the President promised to provide jobs, but failed to secure investments that create these opportunities.“The reason they don’t want to invest in Guyana is because of the policies of this Government. They’ve scared away not only current investors but future investors. The people do not want, based on the signals they are getting, to put their money at risk. They can’t do so with a capricious Government that changes its policies on a daily basis and has no long-term vision for the future of this country,” he explained, noting that the Government deserved a failing grade in the subject of investments and provision of jobs.TaxesThe PPP General Secretary also reminded that the APNU/AFC campaigned on the promise of reducing the tax burden on the people of Guyana, but did the complete opposite after being elected to office.He declared that they needed to be graded F for this as well.In addition to increasing the tax burden tremendously, Jagdeo highlighted, the Government has increased the fees for basic transactions, which contributed significantly to the expenses endured by Guyanese.Moreover, he noted that the administrative burdens have been increased, making it more challenging and bureaucratic for persons to complete transactions.He argued that Government could not be lauded for the two per cent reduction in the Value Added Tax (VAT) because of the whole chain of VATable items they have introduced.CrimeJagdeo also asserted that the coalition deserved an F Grade for its performance in the security sector.“The crime as we know is ravaging the entire country and we have a minister who makes these unilateral pronouncements, a government totally at sea in how to address this growing cancer in our society,” he stated.The former President said the most worrisome aspect was that there seemed to be no expression of sympathy or acceptance of responsibility for the countless people who have gotten murdered under their watch.“It seems to be routine, the routine order of the day,” he said.He noted too that the APNU/AFC’s performance was compounded by a long list of unbroken promises and countless instances of corruption.In light of this bleak performance, Jagdeo found it amusing and worrying that President Granger was hopeful of a second term in office.“He’s already talking about a second term…he probably knows something that we don’t know that would allow people, with this dismal performance, to ever vote for them again,” he stated.
Finance Minister Winston Jordan has indicated that the problems affecting growth in the economy can be attributed to the lack of risks being taken by local private sector players.In responding to questions posed about the bleak economic situation in Guyana, during a diaspora meeting at the Guyana Embassy in Washington DC on Friday, Minister Jordan declared that the local private sector is not taking enough risks to stimulate the economy.Jordan said: “I met the existing private sector and they are stuck in their ways. We need to have an expanded breed of private sector players. We need a private sector who shall take more chances.”According to the Finance Minister, the private sector players are not making the necessary investments, internally and externally, that would help the economy to grow.New breedContacted on Saturday to clarify the comments he had made in Washington on Friday evening, Minister Jordan explained that his “new breed” of private sector players are those who are willing and prepared to think outside of the box; be creative and innovative in using cutting edge technology to improve productivity, thereby increasing competitiveness.Finance Minister, Winston Jordan“My new ‘breed’ of private sector players would be seizing the many opportunities that are available for expansion, especially with oil on the horizon. They will try to form partnerships and alliances with the private sector in the Caribbean and further afield to overcome some of the barriers they face, such as financing and human resources,” Minister Jordan explained.He told this publication that the local private sector faces many limitations, but a significant number of players are “stuck in their ways” and are restricted in their growth because of a refusal to adjust to a changing and more challenging environment.“In spite of all the local content legislation we may put in place, few private sector firms will benefit if they do not re-orient the way they do business,” the minister stated.Jordan has, nevertheless, said he recognises the efforts of those private sector entities which have made strides in this regard.Risks and rewardsEconomist Sasenarine Singh, who attended the meeting in the USA, was perplexed about some of the minister’s statement. He contends that businesses will not pump money into an economy if the investment climate is not favourable.Singh explained that it all comes back to the ‘risks and rewards’ balance, and if the risks outweigh the rewards, then businessmen will not be encouraged to invest.“No businessman is going to invest if he is not going to make returns,” Singh contends. “Who is going to make investments in Guyana when the risks are so high and the returns are so low?” he questioned as he highlighted that there are other countries with greater risks involved, but businesses opt to make investments there because of the attractive rates of return.Investors’ confidenceTime and again, the private sector umbrella bodies in Guyana have raised concerns over the robust tax regime and its impact on investors’ confidence in the economy.Most recently, the Private Sector Commission (PSC) voiced to a visiting International Monetary Fund (IMF) mission its concerns about increased taxation, the declining value of the Guyana dollar, and uncertainty about the direction in which the economy is headed.“There has been a decline in the economy. We don’t have a sustainable growth rate, and both the Government and the PSC must work to fix this. I would like to see the Government offer businesses incentives and work to create a stable environment where businesses can operate,” PSC Chairman Eddie Boyer told a news entity in March 2017.The PSC, in a separate statement this year, also noted that growth and improvement in Guyana cannot continue if investors’ confidence continues to be eroded. The PSC has noted that the trajectory in which the country is heading at the moment does not inspire such confidence.
Members claim the Prince Rupert Gas Transmission Project will cross Luutkudziiwus territory for 32 kilometres from Suskwa Pass to the Shegunia River and that approximately one half is on top of the Babine Trail which is the ancestral grease trail connecting Gitanmaax with Fort Babine.They state the PRGT conflicts with Luutkudziiwus interests and values as there will be negative impacts on animal habitats and cumulative effects on social, cultural, and economic values.If the pipeline is approved it will deliver natural gas from a point near Hudson Hope to a proposed LNG facility on Lelu Island with the District of Port Edward. The pipeline is approximately 900 kilometres in length.- Advertisement –
THURSDAY 4PM LATEST: Euro recovers again against sterling to 84.6p. RETAILERS in the county are hoping for some festive cheer – thanks to a generally weaker euro.They’re hoping the stronger pound will keep more people in the main shopping towns south of the Border this Christmas.Shopping traffic in Donegal Town and Letterkenny has been busier in the past week than in the same period last year – only halted by weekend blizzards.DonegalDaily.com has learned that the number of Donegal-registered cars in Derry’s Foyleside centre are down on last year as more people choose to shop locally.And Enniskillen businesses are reporting fewer customers from the South this year. We have also learned however that retailers in Letterkenny have failed in their bid to get proper pedestrian crossings in parts of the town.The request has been refused by the town council!Meanwhile thousands of middle-income families in Donegal will be hit by the IMF/EU bailout, a local businessman has warned.Jimmy Harte, a Labour Party activist and businessman, says many families will see their incomes slashed as the Government attempts to take six billion euro out of the economy. “The economy of Donegal is full of vibrant and hard-working small businesses, farmers, public servants, and many more individuals who worked to make this county a proud place to work and live in,” said Harte today.“However, we have the biggest challenge to face in the history and what the country is crying out for is leadership to navigate our way out of what is a frightful situation.“As a business person myself I know the difficulty of maintaining jobs in good times but in recessionary times it is worrying to staff and unless we get a stable government in place soon, the confidence of Donegal people will ebb away.”EURO BOUNCES BACK AGAINST STERLING was last modified: December 2nd, 2010 by gregShare 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)
THE HIGH Court has continued for another four weeks an order restraining a company owned by crook Francois de Dietrich from reducing its bank account in Ballybofey, Co Donegal, below €1.7 million.The order was granted to two Co Donegal businessmen, who are among a large number of people who invested substantial sums in the company.The account of Etic Solutions Ltd, Ballybofey, a firm which allegedly represented to investors that it was involved in purchasing liquidation stock across Europe, has already been frozen on a Garda application. Mr Justice Roderick Murphy was told yesterday there were two Garda investigations into the main director of the company. Daniel O’Donnell, with addresses at Termon, Co Donegal, and South 55th Court, Oaklawn, Illinois, US, is claiming he is owed some €1.6 million arising from his investment with Etic, while John O’Donnell (no relation), Cluain Ard, Letterkenny, claims some €74,000 is due to him. Both are seeking summary judgment against the company.Noel Travers, for the businessmen, told the judge yesterday a warrant for the main director of Etic had been issued in Northern Ireland recently.There had been no appearance for the company to date in this case and he believed it was unlikely a defence would be lodged in the proceedings, counsel added.Mr Justice Murphy agreed to continue the freezing order for another four weeks. It applies to the company’s account at Allied Irish Banks’ branch at Main Street, Ballybofey, which remains frozen after an earlier application by the Garda and is said to contain a substantial credit sum.Daniel O’Donnell claims he is owed some €1.69 million arising from an initial €100,000 investment made by him with Etic, while John O’Donnell claims he is owed some €74,000 arising from an investment of some €53,000.Both men claim they have received no payments from the company and are seeking summary judgment for the amounts allegedly owed.In separate affidavits, both men said they invested in Etic on foot of representations made to them by its local agent, Thomas Ryan, a former inter-county GAA footballer who was also involved in the management of the county team from 2008 to 2010.FRANCOIS INVESTIGATION: GAA LEGEND TOMMY RYAN SOLD ETIC INVESTMENTS, COURT HEARS was last modified: February 8th, 2011 by gregShare 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)
We have found the cheapest diesel in Donegal and at €1.39 a litre, we reckon it’s one of the cheapest in the entire country.Take a bow the Top Filling Station in scenic Dunlewey.The price of filling up your car in this quaint petrol station is cheaper than most places across the country where the average price for diesel is €1.45. And with the cost of putting the pump into the petrol tank only set to get more expensive, Donegal motorists have been urged to shop around.The AA’s Conor Faughnan said the Donegal public do some of the longest commuting journeys because of the sheer size of the country and that’s why we need to get value for money.“People really do need to continue to shop around to get the best value for money.“The days are gone when we simply pulled up to a garage and asked the guy to fill up the car without checking the price. “This is especially true in place like Donegal where there are long commutes to and from work,” he said.*If you think your garage is selling the cheapest petrol in Donegal, please let us know.EndsAT €1.39 A LITRE – HAVE WE FOUND THE CHEAPEST DIESEL IN DONEGAL? was last modified: March 9th, 2011 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)
Coral’s Dave Stevens joins the Alan Brazil Sports Breakfast to round up the latest sporting odds.He brings us news that Premier League leaders Leicester City are now ODDS ON for a shock title triumph, moving from 5000/1 at the start of the season to 10/11 ahead of their clash with Newcastle.The Foxes are 8/13 to beat the Magpies and re-establish their five-point lead at the top on Monday night.But newly appointed Magpies boss Rafa Benitez has NEVER lost his first game at a new club, so 5/1 for a Toon victory and 3/1 for a draw might tempt some brave punters.Elsewhere in the title race, Tottenham 11/5 are closest challengers to Leicester, while Arsenal are 5/1 and Man City are outsiders at 12/1.Coral is the official betting partner of the Alan Brazil Sports Breakfast
Costco and Home Depot representatives did not return calls Wednesday. Councilman Uriel Macias said a home improvement store would be a great asset to the city. “We have a 55 percent majority home ownership in Azusa,” he said. “A business like that would certainly thrive.” He added that with new housing being built and the majority of the city’s population below the age of 30, the number of new homeowners will only increase. Delach said that if all goes well, the opening date for the new store would be toward the end of 2009. Hanks said a Home Depot would generate significant sales tax and complement Costco. “We’d love to have it,” he said. email@example.com (626) 962-8811, Ext. 2236160Want 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 champ“There are some negotiations that need to take place between the developer and the property owner, and those could be difficult,” he said. For example, the city wants to keep S&S Foods, now at 1120 W. Foothill Blvd., in the city. But the business sits on the proposed Home Depot site. “They’re not unwilling to move, they’ve been very amicable,” Delach said. “It’s just a very expensive endeavor, and I’m not sure all the economics are there to make it all come together.” S&S Foods declined to comment. Delach added that Costco is also proposing an expansion from 120,000 to 140,000 square feet. AZUSA – The city and a home improvement store have entered into an exclusive negotiating agreement, officials said. If all goes smoothly, a Home Depot store will take up residence next to the current Costco site near the southeast corner of Foothill Boulevard and Irwindale Avenue, said City Manager Fran Delach. “(This) gives them a period of time where we won’t seek out another developer,” said Councilman Keith Hanks. Some details still have to be ironed out, Delach said.
Noel Keating spent a lot of time and effort catching the recent Lunar Eclipse in the skies above Donegal.His stunning short film which was captured using time-lapse photography on Rossnowlagh beach is well worth two minutes of your time. Simply click on the video to play. DDTV: WATCH PHOTOGRAPHER’S STUNNING TIME-LAPSE OF LUNAR ECLIPSE was last modified: October 5th, 2015 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) Tags:donegalLunar EclipseRossnowlagh
It may struggle from day-to-day to find the much needed cash to keep going.But the Donkey Sanctuary in Raphoe just can’t seem to say ‘no’!The group is this week “making way” for their biggest ever arrival of new family members. No less than 10 donkeys will be arriving at the centre on Saturday from Mayo after their elderly owner died.Another two donkeys are also expected shortly bringing the total number to 12 donkeys to arrive this week.The sanctuary recently came to the aid of Bobby the Donkey which was found trampled by a bull at outhouses near Fanad Head.A petition to raise awareness of cruelty to donkeys and to build a statue to ‘Bobby’ has so far gathered more than 1,000 names. DONEGAL ANIMAL GROUP WELCOMES LARGEST FAMILY OF RESCUED DONKEYS was last modified: January 26th, 2012 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) Tags:donkeyRaphoe Donkey Sanctuary