Four Caribbean Community (CARICOM) nations have been named among countries at risk of government external debt crises – one of them specially highlighted among those “rapidly heading” in that direction.Guyana, Haiti and St. Lucia are in a list of 29 countries identified by Jubilee Debt Campaign – a coalition of national organizations and local groups around the UK calling for the unjust and unpayable debts of the poorest countries to be cancelled – as facing a risk of finding themselves in debt crisis,Cheap Jerseys Store, while Dominica is said to be at “high risk” based on large external debt,Cheap Soccer Jerseys For Sale, a large and persistent current account deficit,Cheap Jerseys China, and high projected future government debt payments.The information is contained in the Jubilee’s 40-page document entitled, The new debt trap: How the response to the last global financial crisis has laid the ground for the next, which analyses public and private debts owed by countries across the world.Jubilee’s analysis defines countries as at risk of a government debt crisis if they have net debt higher than 30 per cent of GDP,China Jersyes Cheap, or current account deficit more than five per cent of GDP); and future government debt payments exceeding 10 per cent of government revenue or, where projections are not available, current government external debt already over 40 per cent of GDP.The 14 countries at high risk have net debt of more than 30 per cent of GDP; future government debt payments exceeding 15 per cent of government revenue or,Cheap Jerseys From China, where projections are not available, current government external debt already over 50 per cent of GDP; and a current account deficit that is more than five per cent of GDP.“Of these, some are already likely to be back in debt crisis, but the figures are not yet available to show that they are. These are expected to have high government debt payments over the next few years; they include nations such as Dominica, Ghana and Mauritania,” the report stated.It also pointed out that Belize, the Dominican Republic, Grenada, Jamaica and St. Vincent and the Grenadines are among 22 countries already in a government external debt crisis, with “high government debt payments leading to large amounts of money leaving their country each year,Cheap World Cup Jerseys 2018, along with an overall net debt with the rest of the world”.Net debt for that group stands at over 30 per cent of GDP and external debt payments exceed 15 per cent of government revenue.No Caribbean nation was named in the list of 28 countries at risk of facing a private-sector debt crisis. (Caribbean360)

The Central Islamic Organization of Guyana (CIOG) has initiated a position of peaceful and positive action in the wake of the Israeli Government’s constant offensive on the Palestine people, which has resulted in the deaths of over 300 people, and injuries to more than 800.The CIOG,wholesale jerseys, the representative body of Muslims in Guyana, in a release issued yesterday, condemned the attack, which it regarded as a “massacre of the highest order…carried out especially against innocent people, including helpless women and children who are simply seeking their legitimate rights.”According to the release,Cheap NFL Jerseys China, the devastating episode can only go down in Islamic History as another “Israeli Massacre on Muslims.”The CIOG is as a result calling on the outgoing United States Government to eliminate the prejudices held against the Palestinian people, and that President-elect Barack Obama’s incoming Government treats the issue no differently.Further, the Islamic entity highlighted the CAIR report and, accordingly, welcomes the fact that the European Union (EU), Russia, the UN Secretary-General, the Arab League, the Organization of the Islamic Conference (OIC),Cheap NFL Jerseys, and other international bodies are all urging Israel to end its attacks.It was noted,Cheap Jerseys From China, too, that Middle East Envoy Tony Blair deplored the “tragic loss of life,” while French President Nicolas Sarkozy condemned Israel’s “disproportionate use of force.”EU Foreign Policy Chief, Javier Solana, also in condemnation,Wholesale Jerseys, has said that the Israeli attacks were “inflicting an unacceptable toll on Palestinian civilians, and will only worsen the humanitarian crisis as well as complicate the search for a peaceful solution.”However, the CIOG stressed in the release that much more has to be done other than just condemning.For this reason, the CIOG has initiated a position of peaceful and positive action, and has advocated a number of measures.Among these are the reduction/removal of the arms arsenal and a withdrawal of further arms support; an immediate inventory of all arms arsenal by an international body; immediate removal of the humanitarian blockade that is causing tremendous pain and suffering to a civilized nation,Cheap NFL Jerseys China, and which led to the recent breakdown of the ceasefire; agreement to find a solution to the land issue; discontinuance of the humiliation that is presently meted out to Palestinian people, the appointment of an International Peace Keeping mission to make periodic visits and to ensure that the arsenal audit is maintained; and immediate financial support from major donor institutions with a view to restructuring the lives of the Palestinian people.The Muslim organization also urges that President-elect Obama must demonstrate his commitment to change the current American Middle East policy by speaking out and doing what is in favour of peace and justice for all parties to this decades-long conflict, and that world leaders must take direct action to end Israel’s counterproductive and wildly disproportionate attacks.

… Supenaam stelling fiascoA senior official,NFL Jerseys Cheap Authentic, charged with responsibility for the country’s stellings and ferry operations has been sent on leave.Officials yesterday confirmed that Khevin Trim, General Manager (ag) of the Transport and Harbours Department, was issued a letter asking him to proceed on immediate leave.Minister of Public Works and Transport, Robeson Benn, declined to link the action from the recent closure of the Supenaam Stelling and would only say that there was a “lack of engagement” and “dereliction” on part of Trim.Sent on leave: Khevin TrimHowever, other senior sources said that action had to do with the fallout of multi-million Supenaam stelling which continues to be plagued by problems.Trim was expected to visit the stelling after reports of some separation of the ramp. He reportedly never did despite promising to do so.And even when the stelling collapsed earlier this week he failed to visit the location, choosing instead to merely call the Works Minister to report the collapse.Trim took over the helm of that department early 2009,Cheap NFL Jerseys China, after working at the Public Ministry since 1998.The Supenaam stelling, with costs mounting over $500M, has been a major embarrassment with several mishaps since it was commissioned in May last year.Earlier yesterday, Trim met with Benn and other senior functionaries of the Public Works Ministry.Last May, the stelling ramp buckled under the weight of a heavy vehicle, days after it was opened to ferry traffic. Ferries were forced to revert to the Adventure Stelling which government had hoped to abandon. This particular stelling had been in use for more than 100 years.Following the collapse of the ramp which effectively closed the stelling,Cheap Jerseys Online, President Bharrat Jagdeo ordered a report on the incident and tasked Prime Minister Samuel Hinds to oversee investigations.Two private engineers were hired to investigate the incident.There had been meetings with several of the parties involved in the construction of the stelling, including the contractors,Nike Vapor Max Plus, BK International; the Ministry of Local Government, which was the executing agency; the Ministry of Public Works; the supervisors, Vikab Engineering and the designers, SNC Lavelin.Key to those meetings was which parties would have been footing the bill to fix the defects and subsequent damage to the facility. However, the report has not been released nor has blame been apportioned, at least publicly.Last year January, the stelling was handed over to the Ministry of Public Works which claimed that it had raised concerns over some problems that were evident.Just four days after it was opened to traffic, the stelling was forced to close operations after its ramp buckled under the weight of a truck.The contractor, BK International, distancing itself from the incident, took media houses on an inspection shortly after and stated that modifications on the ramp by the Ministry of Public Works had caused the problems.Late in April 2010, an extra pontoon being installed by the Ministry sank while work was being done to attach it to the ramp.While the project was budgeted for $431M, repairs were made to the tune almost $20M last year.Another $50M-plus was budgeted this year.It was opened back for traffic a few weeks ago but with weight restrictions.However, on Monday,Wholesale Authentic NFL Jerseys, government claimed that high tide caused the ramp section to slip from its pontoon support,Cheap Jerseys USA, effectively again closing the facility.The stelling has been viewed as a good investment for Essequibo which overtime has been heavily dependent on river traffic, including the government-run ferries to come to the city.Government has said that travel time from Essequibo to Parika would have been cut by a couple of hours.Adventure Stelling, which is being used currently, is in a deplorable state.