The Guyana Manufacturers’ and Services Association (GMSA) yesterday said it is extremely concerned about the effects of the global financial crisis on its member companies, pointing to the loss of demand for local products and the possibility of job cuts.“We would hope that those areas where jobs may have to be cut will receive the fullest attention by the Government, the banking community and, indeed, the workers’ representatives,Wholesale NBA Jerseys,” the Association noted, adding “we need at this time to row the boat with several paddles, but only with one helmsman”.The GMSA stated that “the drying-up of export orders from Europe and North America, and its consequent effects on our businesses, may require some tolerance on the part of the financiers in remembering that money is virtually useless if not put to work.”The Association noted that two very senior private sector representatives have recently given explanations on television, and there were also reassurances coming from the insurance sector on the soundness of the local financial sector.However,Cheap Jerseys Online, the GMSA said that, notwithstanding the overall strength of the country’s financial sector, there are some companies among its membership which are seriously affected by the crisis and would experience considerable difficulty in such areas as medical coverage for their employees’ and workers’ pension rights, unless strong Government guarantees are forthcoming.“We can indeed become the architect of our own demise if we do not at this time ‘hold tight’, as they say in Guyanese parlance.“While Guyana has not been affected to the level of severity, as is the case in some other countries, we nevertheless have to be sensitive to the realities on the ground,Cheap NFL Jerseys, and to take all necessary precautionary measures in the interest of national economic viability,” the GMSA stated.The Association is urging its member companies to try to minimise on operating expenses,Cheap Jerseys From China, especially in such areas as downtime and wastage, since the ultimate goal is to get products and services on a continuous basis to the consumer at the cheapest possible price and highest quality, whilst maintaining reasonable margins of profitability.According to the GMSA, there is little that can be done with regards to the loss of traditional overseas markets “except to seek market diversification, which is difficult and time consuming”.The Association said there can be little doubt that exporters would experience considerable shortfalls in earnings during the period of this international financial crisis, with the attendant domino effect of downsizing,Wholesale Nike NFL Jerseys, layoffs and production contractions.The GMSA wants the banking system to be more appreciative of the plight of these companies, and to demonstrate greater tolerance and understanding in their credit facilitation provided.It is very possible that many companies would have to seek better refinancing arrangements in the interest of corporate survival, the Association stated.However, the GMSA said it is equally aware of the fact that opportunities are also being created in this crisis for its members who show “initiative, innovation, business acumen and available liquidity to take a number of steps.“These include: diversifying into new markets; consolidating – saving on common services and avoiding duplication; re-tooling and taking advantage of the drop in prices for capital items; repatriating overseas capital for investment in key priority sectors, such as aquaculture and mining; and minimising systemic constraints to business investments where these exist.”In addition, the GMSA is urging its members to invite the Diaspora to participate in local investment opportunities; source capital from non-traditional places,Cheap NFL Jerseys Wholesale, such as the Middle East, Latin America and North Africa; and seek industrial partnerships with companies in the emerging industrial countries, such as China, India and Brazil.The GMSA pointed out that contemporary history has shown that corporate investments made during an economic downturn could yield as much as a 30 percent greater return when compared with under-normal conditions in the long term.

As police continue their probe into last Saturday night’s execution-style attack which left five dead including a toddler, a male individual has been taken into police custody. This newspaper was told that the man, a popular Chutney artiste,NFL Jerseys Wholesale, was detained some time on Wednesday.According to reports, it is believed that the man may have had something to do with sourcing the cocaine.Earlier this week,China NBA Jerseys, Commissioner of Police Henry Greene said the information received so far suggests that the killing was as a result of a drug deal gone sour. According to the Top Cop, one of the dead men, Steve Jupiter,Wholesale Cheap Jerseys, and his colleagues were reportedly given some nine kilos of cocaine to deliver to someone, but only handed over two kilos to the person.“They (Jupiter and his colleagues) reportedly told the person who gave it to them that the police seized the rest of the cocaine.”On Saturday night last,Cheap Jerseys China, Jupiter, his son 3-year-old Christopher Jupiter, his reputed wife, Fiona Singh,Authentic Jerseys China, deportee Christopher Gordon and Sherwin Jerome were shot and killed. The five were about to leave a Second Street Cummings Lodge residence after picking up the toddler and his mother. As they were leaving the area,China Jerseys Wholesale, two cars reportedly drove up and the occupants discharged dozens of rounds at the vehicle in which they were travelling.When the gunfire subsided the three men’s bodies bore multiple gunshot wounds. Jupiter, Gordon and Jerome were pronounced dead on arrival while Singh and her son died while receiving treatment.

– Doctor performed illegal abortionThe physician implicated in the death of 18-year-old Karen Bahdal performed the abortionKaren Bahdalon her illegally, since he is not licensed by the Ministry of Health to do medical terminations.The Health Ministry has a list of physicians who are authorized to perform medical terminations and health officials confirmed yesterday that the embattled doctor is not among those listed.In addition, places at which the terminations are done have to be licensed by the Health Ministry, but this is not the case with the Mon Repos, East Coast Demerara location where the abortion on Bahdal was reportedly done.According to the source, many other doctors are performing terminations without being authorized to do so, but these incidents only come to the attention of the Health Ministry when something goes wrong.Meanwhile,Wholesale China Jerseys, a post mortem performed yesterday on Bahdal revealed that she died as a result of a perforated uterus and acute peritonitis.The post mortem was done at the Georgetown Public Hospital by Government Pathologist, Dr. Vivikanand Bridgemohan.Bahdal’s body has since been handed over to her relatives for burial which is expected to take place today.Meanwhile, the police are still to locate the doctor who they say is wanted for questioning. He has since closed up his operation at Mon Repos and has not reported to Prasad Hospital for work since Bahdal’s death. Ranks from the Beterverwagting Police Station have taken statements from the dead girl’s relatives.Bahdal, a mother of two, and of Vigilance, East Coast Demerara, died in the Georgetown Public Hospital’s Intensive Care Unit last week Friday,NFL Jerseys Cheap, despite undergoing surgery there to repair a perforated uterus and damaged bowels. The injuries were reportedly sustained during a botched abortion. The teen had two children- a two-year-old and a four-month-old baby.Bahdal was reportedly four months pregnant when she had her abortion at the doctor’s clinic on December 23. She was admitted to the GPHC on December 24 after she began vomiting continuously and complaining of abdominal pains. Bahdal was given an ultrasound upon her admission to the GPHC, but the effects from the abortion were not immediately detected. After this, doctors at the hospital observed that the patient’s abdomen was still swollen. She also had a fever and was vomiting.She underwent a second ultrasound and this time it was observed that there was fluid in her stomach. Bahdal was then taken to the hospital’s operating theatre.Medical staff then observed that both the teen’s uterus and bowel were perforated, and had to perform surgery to repair the damage. But by then,Stitched Jerseys, fluids from her bowels had already leaked into her stomach,Cheap Jerseys Supply, and peritonitis had developed.The teen’s condition worsened and she was taken to the Intensive Care Unit and placed on a ventilator. According to officials,NFL Jerseys From China, everything was done to save Bahdal’s life,Cheap NFL Jerseys China, but to no avail.She eventually succumbed.This publication was told that after Bahdal took a turn for the worse the family contacted the doctor asking him to visit her at the GPHC but he refused.There are reports that the man gave back the family the money they paid for the abortion.