The Teachers’ Union is demanding a 50% salary increase. To be paid in one-shot. The Government is offering 6.5%. There is a huge gap here. Pundits and Opinion-makers should offer up some numbers. How do we bridge this yawning gap? I suggest a 30% increase covering 3-years, to be phased in at 10% each year….
The previous column discussed several important international functions the dollar performs. The dollar serves as an international store of value enabling countries that earn foreign exchange to save in an easily convertible currency. It serves as a medium of exchange allowing payments beyond the American border. It also serves as a unit of account permitting…
By Stabroek News July 17, 2022 Dear Editor, In a recent article it was reported that Vice President Jagdeo stated, among other things, that a larger share of its oil revenues sooner, would not benefit the country. In fact, if it comes in, he said, “…we can’t spend it all… (positing that) …it comes inflationary.” Certainly,…
