Nothing wrong with reviewing former Govt’s agreement – Finance Minister

first_imgExxonMobil contractThe review of the contract signed by the former People’s Progressive Party/ Civic Government with ExxonMobil for oil exploration in Guyana’s Exclusive Economic Zone, is natural and is in keeping with the fact that the circumstances have changed since the signing of the first agreement, Finance Minister Winston Jordan said.The Minister told the Government Information Agency (GINA) in a recent interview, that a review does not necessarily have to result in a change to the terms and conditions of a contract; rather it serves to bring aOpposition Leader Bharrat Jagdeogreater understanding of the contract details. “A review does not mean changes but it can involve changes,” said the Minister.Minister Jordan insisted that the request for a review of the contract was Government’s way of ensuring Guyana gets the best possible deal from the extraction of oil when it begins.“At the end of the day… you have to say whether we are doing what is best for the interest of the national population and I can tell you we are indeed doing that. A 2009 agreement or 2006 agreement or whenever the agreement was originally made, was at a time when there was no discovery of anything, now there is oil,” Minister Jordan said.The contract was signed some 17 years ago and Minister Jordan said this is a good reason for such review. “You can review the 1999 agreement or the 2006 agreement, it is 2016, the circumstances have changed, and oil has now been found.”In May of 2015, ExxonMobil declared the find of substantial oil deposits in its exploratory Liza Well offshore Guyana. It has since completed drilling of a second well which revealed total deposits estimated to be in excess of one billion barrels of oil.The Minister pointed out that it is any government’s right to seek a review of contracts when governmentsFinance Minister Winston Jordanchange.He added, “You can’t get a better deal if you didn’t review. In the first place we weren’t abrogating any agreements or anything, we were just mainly asking for a review, and in the spirit even Exxon agreed.”According to the Finance Minister, the company is in the process of drilling a third well, Skipjack, approximately 19 miles from the second Well.Questioned about the sovereign wealth fund, Minister Jordan said the Government is receiving much needed help from nationals and non-nationals towards its establishment.“I believe by the end of the year we will be in a good position to have a working draft, I believe … we are being assisted by a number of countries and agencies -Commonwealth Secretariat, United States of America, and Canada; they are all assisting us in that particular area so we are getting some help. Concerned Guyanese have also been adding their lot in terms of offering help… I got an email from a very outstanding Guyanese who was a Rhodes Scholar and he has offered also to help us with the sovereign wealth fund. He has put down some interesting ideas and I am to get back to him on him staying on board to help us to shape that draft into something that would be acceptable to us,” the Minister explained.However, Opposition Leader Bharrat Jagdeo, had expressed concerned about what this review entails in the absence of any concrete reasons put forward by the Government.Jagdeo said there are a number of key questions that needed to be answered by the A Partnership for National Unity/Alliance For Change (APNU/AFC) Administration regarding the review, including Trotman’s statement that this is in an effort to “get closer to ExxonMobil.”“Does this mean that they are going to give out more concession to ExxonMobil? What does this review mean? Who is going to oversee this? Do we have international lawyers who have dealt with the large companies like ExxonMobil, who will have hundreds of lawyers on their side that are well versed in petroleum law, etc? Do we have advisors that can advise on best practices in contracts etc?” Jagdeo asked, adding that “My fear is that the answer is no.”The trained Economist said he was fearful of Trotman’s involvement in the negotiations, since the Minister lacks the technical and other expertise to negotiate a proper agreement.The former President, under whose presidency ExxonMobil was granted an exploration licence, has warned that any bad agreement entered into with the oil exploration company will be reviewed once his party is returned to power.last_img read more

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Females impress at ExxonMobil Under-14

first_imgAs the female division of the ExxonMobil/Petra Schools’ Under-14 tournament got under way, the expectations of many were low, given that many of the young ladies did not have previous exposure to a competitive platform in the sport of football.However, the eight teams showed up and showed out on Saturday, to prove that they are just as good as their male counterparts.The day’s activities started slowly with a walkover handed to Tucville Secondary. It was then a battle of defensive play when New Campbellville Secondary and South Ruimveldt Secondary met. Both teams went back and forth with several commendable attempts on the part of the young ladies; nevertheless, when the allotted time was up, the score remained 0-0.East Ruimveldt Secondary later cruised to a 2-nil victory over Uitvlugt Secondary, but one of the best performances of the tournament came from the Charlestown team. Although it was just a one-nil victory, Charlestown exhibited an impressive team effort of defensive and attacking play.Guyana Times Sport caught up with Charlestown’s public relations personnel, Choella George, who shared a bit of insight on the creation of their female under-14 team. She even disclosed that the team had a head-start on their training. “We actually would have started training at the beginning of the year, not pertaining to the competition but just that we’re trying to develop sports in Charlestown, and what really happens, you would find most of the boys interested in sports, so we’re trying to arouse the girl’s interests,” George said.Admitting that some of the girls were already familiar with the sport from the Under 11(pee-wee) level, George noted that Charlestown’s focus was on improvement of skill and development.“We would have worked in all the areas, refreshing the memory and developing the skills and making it known to the others who weren’t so familiar with the sport. Everybody is interested in football, but to actually play it, it’s a different area, a different understanding.”Going forward, the Charlestown team have already identified some aspects of their game that can be improved, but they are still confident that they can come out victorious.“Their performance did reflect well on their training; there are small areas that we need to work on and we’ll do that for the next game,” George stated.last_img read more

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Women’s basketball: Area teams are left out of NCAAs

first_imgOf the five Los Angeles-area programs, only USC watched the selection show with a glimmer of hope at hearing its name called. Some had speculated the Trojans (17-12) could sneak in because the school is hosting first- and second-round games. Texas (18-14) was also hoping to earn a bid and play at home this week. But the Longhorns were snubbed despite playing the 19th-toughest schedule in the country and recording three wins against Top-25 teams. Only four teams from the Pacific-10 Conference earned bids. Conference champ Stanford is the highest seed. The Cardinal earned a No. 2 seed in the Fresno Regional. Arizona State is the No. 3 seed in the Greensboro Regional, California is the No.8 seed in the Dallas Regional and Washington, a team USC beat twice in the final three weeks of the season, earned a No. 11 seed in the Dallas Regional. ramona.shelburne@dailynews.com (818) 713-3607 160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set! For the first time in six years, none of the Los Angeles-area women’s basketball programs – USC, UCLA, Loyola Marymount, Pepperdine and Cal State Northridge – was selected to play in the NCAA Tournament. The only Southland representative in the field of 64, which was announced Monday, was UC Riverside, the Big West Conference champion, which drew No. 3 seed Arizona State in a first-round game Saturday at Galen Center. center_img But like in the men’s game, women’s basketball is placing less emphasis on selecting or placing teams based on geography or attendance considerations. “I think we just needed a few more wins,” USC coach Mark Trakh said. “I thought our kids did a great job considering everything we went through this year. We lost our point guard, the No. 1 recruit in the country, our top shooter and some other very key players and we still won 17 games and almost made the tournament, so I’m very proud of the kids.” Asked if he was disappointed that the Trojans didn’t get to play in a regional they are hosting, Trakh was blunt. “No,” he said. “They shouldn’t seed teams because they’re hosting. They should seed the best teams.” USC wasn’t the only host school whose bubble burst. last_img read more

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Vehicle fire closes Highway 97 between Chetwynd and Dawson Creek

first_imgThere is no estimate at this time on when the highway will re-open.  If you’re travelling in the area, let us know what you see, email news@moosefm.ca UPDATE as of 4:20 p.m. – The highway is open to single lane traffic.UPDATE as of 2:50 p.m. – Highway 97, in both directions. Vehicle incident between Melychuck Rd and Caven Rd for 2.9 km (16 to 14 km north of Chetwynd). Until Sun Aug 18. Road closed. Detour not available. Estimated time of re-opening Sun Aug 18 at 6:00 PM MST. Next update time Sun Aug 18 at 5:00 PM MST. Last updated Sun Aug 18 at 2:47 PM MST. (DBC-11057)CHETWYND, B.C. – Highway 97 between Dawson Creek and Chetwynd is closed due to a vehicle fire.- Advertisement -Drivebc.ca is reporting there is a vehicle fire on Highway 97 east of Chetwynd at Caven Road.  The highway is closed in both directions while officials deal with the fire.#BCHwy97 – Reports of vehicle fire North of #Chetwynd at Caven Road has closed the highway. Crews en route, will keep updated.#DawsonCreek— DriveBC NE (@DriveBC_NE) August 18, 2019Advertisementlast_img read more

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KU student crowned Jumia FIFA 19 champion

first_img0Shares0000Lugard Chakava Head of Category TV, Audio and Gaming at Jumia congratulate and present a trophy to Philip Kimani after winning the Jumia FIFA19 Gaming Challenge Cup.NAIROBI, Kenya, Sep 23 – Kenyatta University student Phillip Kimani overcame 150 competitors to be crowned the Jumia FIFA gaming champion in the tournament that went down at the Thika Road Mall on Saturday.Kimani secured a 2-1 aggregate (decided on golden goal rule after 1-1 draw in first leg) victory over Boniface Maina to walk away with the prestigious trophy and Sh50,000 in prize money. Maina received Sh10,000, while second runners up Joseph Macharia pocketed Sh 5,000 in the one-day inaugural event.“I’m extremely happy to be the first winner of this FIFA tournament. It’s a great feeling having beaten one of the toughest opponents in the final. I’m truly lost for words, but it’s my hope that I will keep getting better and better,” said Kimani.“It’s a very tough game. It reached a point I almost gave up, but I kept holding on until I won it. As far I am concerned, this is the best event I have seen so far: from display to features.“I will use the money to buy a console to help me continue practising in order to win in future events. Research shows that many people abroad have taken FIFA gaming as a career, winning large amount of money. I think here in Kenya, we are also on the right path.”Head of Category Computing Kwehnui Tawah (left) Manish Dhami sales and marketing manager Reshman International and Peter Mbiti brand Category manager central and EA DELL at a press briefing during Jumia FIFA19 Gaming Challenge Cup at TRM convention CentreClose to 500 fans, who turned out in large numbers, were also not left out as lucky ruffle tickets winners went back home with give-aways courtesy of Jumia partners Dell, Hisense, Asus and Game Changer.Jumia Head of Category Kwenhui Tawah said: “The great turn out shows the power of gaming in Kenya. This is just but the beginning because we are still in the early days for the sport.“This was a great opportunity for the youths to show case their skills as well as celebrate the FIFA 19 on the back of the world cup. Based on the turn out we’ve seen that there is great demand for this type of programs in Kenya and as a result we are going to make this an annual event.”Reflecting on the tremendous growth of E-sports in Kenya, Dell Brand and Category Manager Central and Eastern Africa Peter Mbiti said: “We are focused on helping E-sports in Kenya and supporting the youths in this initiative. I was really impressed with the turn out. The future of E-sporting is pretty bright and it would be awesome if they make a career out of it.”Resan International Sales and Marketing Manager Manishi Dhami added:  “It’s really nice to see the response of the event in terms of turn out. We look forward to continue partnering with Jumia in promoting E-sports in the country.”0Shares0000(Visited 11 times, 1 visits today)last_img read more

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Manchester United 3-1 Liverpool: Late Anthony Martial stunner piles the pressure on Brendan Rodgers

first_img Anthony Martial The world’s most expensive teenager Anthony Martial made the perfect first impression as he scored a brilliant goal to pile the pressure on Brendan Rodgers and Liverpool at Old Trafford.After a subdued first 45, the game shot into life as Daley Blind and Ander Herrera struck to give the hosts a much deserved lead.Christian Benteke then pulled one back late on with a stunning overhead kick but it was immediately cancelled out by a great goal by Martial.The win gives Louis van Gaal some justification for his ‘philosophy’ as United rise to second in the Premier League but it raises more questions about Rodgers and his.Manchester United dominated possession in the early stages and passing the ball to death but Simon Mingolet nearly gifted the Red Devils an opener after an awful throw ended up at the feet of Marouane Fellaini, but his dinked effort sailed over the bar.While the midfield axis of Michael Carrick and Bastian Schweinsteiger were able to dictate the pace of the play at their pleasure, but there was no killer instinct – perhaps to be expected of two teams who have only scored five goals between them all season.Ashley Young replaced Memphis Depay – who embodied United’s impotency in the first half – and immediately made something happen winning a foul deep in the Liverpool half after 48 minutes.From the resulting free-kick Juan Mata laid the ball back to Blind on the edge of the area who rocketed the ball into the top corner.David De Gea then proved he was worth every penny of his new contract making an acrobatic save from Danny Ings to make amends for a terrible clearance moments before.Blind was then the hero again after Ings deflected Martin Skrtel’s header towards the goal but the Dutchman blocked on the line to clear the danger.Then, in the 69th minute, Joe Gomez – who had been arguably Liverpool’s best player – dived into a challenge with Herrera in the box, leaving referee Michael Oliver with no option but to award the penalty.Herrera picked himself up to take the penalty and expertly dispatched it into the roof of the net to double the Red Devils’ lead.There was still time for Benteke to produce a moment of magic with an incredible bicycle kick in what is already a frontrunner for goal of the season.However, there was no frantic finish as £36m man Martial lit up Old Trafford with a mazy run and finish to seal the three points for his new side and condemn Liverpool to a seventh defeat in 14 Premier League games. 1last_img read more

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Charlton fans plan protest over unpaid staff bonuses, EFL urged to intervene

first_img impact EFL result CARD added the Football League should intervene to help resolve the “deteriorating situation” situation at the south-east London club.A Charlton spokesperson said: “Since Roland Duchatelet took over Charlton four-and-a-half years ago, every employee has been paid on time, every month. This will not change.“The club will continue to fulfil contractual obligations.“The club had a very bad financial year last season and because of this the club will not be paying incentivised bonuses.“Before we can look at bonuses in the future, we need to restore the club’s financial health.” Getty Images – Getty Charlton are currently without a permanent manager, with Lee Bowyer heading into his sixth month as caretaker boss, have no chief executive, chairman or financial officer.Duchatelet has not been seen at a game in four years and has cut costs dramatically as he attempts to sell the London club.Protest group Coalition Against Roland Duchatelet (CARD) have now urged supporters to unite at The Valley on Saturday ahead of their League One match against Fleetwood Town.Fans have regularly protested against their absent owner and plan to do so again after administrative staff expressed “extreme disappointment” at being denied bonuses they were promised in July for meeting targets.Following a meeting on Wednesday, the employees said while they will continue to meet “contractual obligations to the best of our abilities…we are also considering our next steps to ensure the payment of the bonuses as promised.” Staff at The Valley have today written this open letter to Roland Duchâtelet. We stand with them and we encourage Charlton fans everywhere to do the same. We will get our club back. #cafc pic.twitter.com/CzUOvp1gDs— CARD (@CharltonCARD) August 22, 2018It has been reported that the match against Fleetwood could be in doubt should the staff decide to take industrial action.The statement read: “CARD will fully support any action taken by the staff in pursuit of their grievance, including if it leads to the postponement of Saturday’s match, because we believe that would be a proportionate outcome to the years-long betrayal of staff and supporters alike.“Whether or not they intend to go in to the game, we are asking fans to assemble by 2.15pm outside main reception in the west stand car park or as near to it as possible on the day for a major demonstration.“Thousands of supporters have already stopped attending matches. CARD believes this is the time for Charlton fans to stand up for their club – before there is nothing left to get behind.” Leeds lose at Fulham, West Brom held, Charlton’s winless run continues Charlton fans are desperate to see the back of their owner CONFUSION Berahino hits back at b******t Johnson criticism – ‘I was in a dark place at Stoke’ Bannan penalty helps Sheffield Wednesday strengthen grip on play-off place 2 Cardiff and Preston play out stalemate in Championship early kick-off Roland Duchatelet’s reign at Charlton has proved to be a nightmare for fans center_img ROUND-UP Latest EFL news goalless 2 Charlton fans are planning a major demonstration outside the The Valley on Saturday after owner Roland Duchatelet refused to pay bonuses promised to club staff.The Addicks, for so long heralded as the model Premier League club, have been beset by problems on and off the pitch since Belgian businessman Duchatelet bought them in 2014 and are currently languishing in League One. Macclesfield set for further EFL sanctions after Plymouth match is called off Strugglers Wigan hold Blackburn to goalless draw in Championship stalemate REPLY Every Championship club’s best signing of the decade, including Taarabt and Dack GREAT NEWS Hull defender MacDonald given all-clear after battle with bowel cancerlast_img read more

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Is this the XI to give Tottenham a vital Champions League win over Inter Milan?

first_img Tottenham Hotspur manager Mauricio Pochettino knows only a win will do. Tottenham Hotspur face the biggest game of their season so far as they take on Inter Milan in the Champions League at Wembley.Only a win will do for Spurs as their place in the competition hangs in the balance. Premier League Team of the Season so far, including Liverpool and Leicester stars MONEY REVEALED A comeback win over PSV Eindhoven two weeks ago saw them breathe life back into their European campaign, having lost to Inter and Barcelona previously.Now though, they must defeat their Italian opponents in north London in what promises to be an enthralling clash.If Spurs win 1-0 or by two goals, they will ‘win on away goals’ and then progress with a win at Barcelona on matchday six.A 2-1 win would mean that Spurs and Inter would then go down to goal difference, meaning that Tottenham would have to go to Barcelona and match the scoreline Inter achieved at home to PSV. 4 4 Ronaldo warned Lukaku how hard scoring goals in Serie A would be before Inter move Berahino hits back at b******t Johnson criticism – ‘I was in a dark place at Stoke’ Son ban confirmed as Tottenham fail with appeal to overturn red card Top nine Premier League free transfers of the decade huge blow BEST OF Forbes list reveals how much Mayweather, Ronaldo and Messi earned this decade REVEALED ADVICE Heung-Min Son could miss out despite his heroics against Chelsea. shining Manager Mauricio Pochettino is set to start Jan Vertonghen, who is returning from a hamstring injury, with fellow defenders Juan Foyth (ineligible) and Davinson Sanchez (hamstring) unavailable.Hugo Lloris will also return to Champions League action following his suspension for the win over PSV, but Kieran Trippier (groin), Mousa Dembele (ankle) and Victor Wanyama (knee) are injured all injured. Oxlade-Chamberlain suffers another setback as Klopp confirms serious injury RANKED Where Ancelotti ranks with every Premier League boss for trophies won 4 Tottenham defender Jan Vertonghen has returned to training and is set to start the game at Wembley. no dice Every time Ally McCoist lost it on air in 2019, including funny XI reactions Latest Football Stories REPLY 4 Which teams do the best on Boxing Day in the Premier League era? So, after the magnificent win over Chelsea, who will Pochettino play against Inter Milan?Find out talkSPORT.com’s predicted XI below… Is this how Tottenham will look at the start of their Champions League clash with Inter Milan?last_img read more

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MAN WITH 116 CONVICTIONS TOLD HE IS IN COURT MORE THAN JUDGE!

first_imgA Judge has told a man with 116 previous convictions that he is in court more often than he is.Letterkenny Court.John Ward appeared before Letterkenny District Court in Co Donegal charged with being intoxicated. The court heard that Ward, 31, of Longlands, Convoy, was arrested by Gardai after an incident on October 16th, 2014.When Judge Paul Kelly heard the accused had 116 previous convictions he told Ward’s solicitor “He’s here more often than me and you.”Garda Inspector Goretti Sheridan ask the Judge if he would like her to read out the list of previous convictions.Judge Kelly replied “ I wouldn’t have time to listen to all the convictions today, Inspector.”He fined Ward €250 for being intoxicated.MAN WITH 116 CONVICTIONS TOLD HE IS IN COURT MORE THAN JUDGE! was last modified: February 19th, 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)last_img read more

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Bertrand linked with North East move as Blues are said to want Rovers man

first_imgSunderland are interested in signing Ryan Bertrand from Chelsea, who are competing with Newcastle for Blackburn left-back Martin Olsson, according to reports.The People claim that Sunderland boss Martin O’Neill has been tracking Bertrand, whose first-team chances have been limited by Ashley Cole.And the Sunday Mirror suggest that Olsson, who has been linked with Newcastle, has been identified by Chelsea as Cole’s long-term replacement.Chelsea are said to be willing to spend £7m on the Swede, who has been tipped to leave Blackburn following their relegation.Real Madrid have again been linked with Chelsea defender Branislav Ivanovic, with The Sun on Sunday suggesting the Spanish club will bid £15m for him.The People also say Atletico Madrid’s Colombian striker Falcao is now Chelsea’s top transfer target and that Everton will try to sign Jamie Mackie if QPR are relegated today.Mackie is said to be seen as ideal for David Moyes’ style of play, with the Goodison Park boss considering a move for the Scotland international.Click here for the Chelsea v Blackburn quizFollow West London Sport on TwitterFind us on Facebooklast_img read more

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