PBA Finals: Balkman, Devance nearly come to blows at halftime

first_imgThe heated duel between San Miguel Beer and Barangay Ginebra spilled into the tunnel of Araneta Coliseum on Friday night.ADVERTISEMENT In fight vs corruption, Duterte now points to Ayala, MVP companies as ‘big fish’ Nadine Lustre’s phone stolen in Brazil MOST READ Lights inside SMX hall flicker as Duterte rants vs Ayala, Pangilinan anew LATEST STORIES Gov’t in no rush to rescue animals in Taal Palace OKs total deployment ban on Kuwait OFWs Don’t miss out on the latest news and information. Newly-minted Best Import Justin Brownlee is leading the way for the Kings with 21 points on 8-of-11 shooting from the field, four rebounds and six assists.Greg Slaughter has 17 points while LA Tenorio and Devance have 12 apiece for Ginebra, which is shooting 67 percent from the field.Balkman has 14 points and eight rebounds for the Beermen, who are in dire need of production from June Mar Fajardo, Chris Ross and Marcio Lassiter.Fajardo, who earned his seventh Best Player of the Conference before tipoff, only has four points and two rebounds as of posting.ADVERTISEMENT Things got chippy just as the players were heading into their respective dugouts shortly after the buzzer sounded signaling the end of the first half.Beermen import Renaldo Balkman shoved Gin Kings forward Joe Devance in the back as the two were on their way to their locker rooms.FEATURED STORIESSPORTSGinebra beats Meralco again to capture PBA Governors’ Cup titleSPORTSAfter winning title, time for LA Tenorio to give back to Batangas folkSPORTSTim Cone still willing to coach Gilas but admits decision won’t be ‘simple yes or no’Fortunately, security and other players quickly stepped in, keeping the incident from escalating.Ginebra, trailing 2-1 in the best-of-seven finals series, is up big, 67-52, at the half. NCAA: Lyceum outshines Perpetual Help to go 6-0 Peza offers relief to ecozone firms Judy Ann’s 1st project for 2020 is giving her a ‘stomachache’ Sports Related Videospowered by AdSparcRead Next Carpio hits red carpet treatment for China Coast Guard PLAY LIST 02:14Carpio hits red carpet treatment for China Coast Guard02:56NCRPO pledges to donate P3.5 million to victims of Taal eruption00:56Heavy rain brings some relief in Australia02:37Calm moments allow Taal folks some respite03:23Negosyo sa Tagaytay City, bagsak sa pag-aalboroto ng Bulkang Taal01:13Christian Standhardinger wins PBA Best Player award After winning title, time for LA Tenorio to give back to Batangas folk ‘High crimes and misdemeanors’: Trump impeachment trial begins View commentslast_img read more


Ready player one: eSports superstar sets sights on Olympics

first_imgFaker, dubbed the “Michael Jordan of eSports”, enjoys similar fame and fortune to professional basketball or baseball players in gaming-obsessed South Korea.There, multiple TV channels are dedicated to broadcasting competitions, held at large football stadiums to roars from tens of thousands of fans.The sheer weight of numbers — 25 million players, or half of South Korea’s population — makes professional gaming “just like any other sport”, he said.But eSports don’t enjoy such acceptance worldwide, and attempts to win a spot at the Olympics, alongside other new sports like skateboarding and surfing, have so far been rebuffed.“When will (eSports) be included in the Olympics? the simple answer is: I don’t know,” said Kenneth Fok, head of the Asian Electronic Sports Federation chief.ADVERTISEMENT ‘High crimes and misdemeanors’: Trump impeachment trial begins Gretchen Barretto’s daughter Dominique graduates magna cum laude from California college “Most Chinese regard playing electronic games as internet addiction,” Neil Wang, the Greater China president of consultancy firm Frost and Sullivan, told AFP.“There is (a large audience), including a large amount of teenagers during the Asian Games, and CCTV needs to take that into account,” he added.Tech giant Tencent also began placing controls on its games, including the smash-hit “Honor of Kings” — the Chinese version of “Arena of Valor” — last year following concerns about marathon gaming by teenagers.Owing to China’s broadcast black-out, Chinese fans missed a showstopping moment at the Asian Games: the defeat of Faker’s six-man League of Legends team by Chinese opposition.Sports Related Videospowered by AdSparcRead Next View comments In this Sunday Aug. 26, 2018 photo, the China eSports team play Taiwan in the eSports exhibition at the 18th Asian Games Arena of Valor, Britama Arena, Jakarta. Esports is debuting as an exhibition sport in the on-going Asian Games and is targeted for full inclusion in four years at the games in Hangzhou, China. (Dhemas Reviyanto,INASGOC via AP)The undisputed superstar in the growing world of eSports said gaming deserved its place in the Olympics — despite a mixed reception at its debut Asian Games.Faker, real-name Lee Sang-hyeok, has gone from high school drop-out to fame and fortune through eSports, which are now knocking loudly on the door of the mainstream.ADVERTISEMENT Don’t miss out on the latest news and information. Gov’t in no rush to rescue animals in Taal Palace OKs total deployment ban on Kuwait OFWs Compton says games vs Phoenix like ‘family reunion’ LATEST STORIEScenter_img Internet addictionEven eSports’ long-trailed inclusion as a medal sport at the next Asian Games has not been confirmed, after the Olympic Council of Asia said it couldn’t give the go-ahead without an international federation for the sport — which doesn’t yet exist.Given the fractured nature of eSports, and the competing interests of different games manufacturers, that could prove a significant hurdle.“There is still a distance between the eSports world and the sports world — I won’t kid, it is a far distance,” Fok said.“But there needs to be a give and take between the two worlds.”Much of the resistance to eSports comes from the non-athletic nature of the competition, and a reluctance to encourage children to spend too much time on screens.Nowhere is the dilemma more stark than in China, home of Alisports, which is leading the charge to have eSports as a medal event at the 2022 Asian Games in Hangzhou — the headquarters of its parent company, e-commerce giant Alibaba.But China was also the first country to brand online addiction as a disorder, and 24 million young people are estimated to be addicts — a subject that causes great concern and has given rise to rehabilitation centres with harsh methods.When China won the first event at the Asian Games in Jakarta, in the Arena of Valor game, their coach wept as he praised the support from back home.But unlike China’s other events at the Asian Games, state broadcaster CCTV didn’t screen eSports, continuing a long tradition of keeping gaming off the airwaves. Lights inside SMX hall flicker as Duterte rants vs Ayala, Pangilinan anew DepEd’s Taal challenge: 30K students displaced Peza offers relief to ecozone firms MOST READ Will you be the first P16 Billion Powerball jackpot winner from the Philippines? He said eSports’ growth potential and popularity among the young made them a must both for the Asian Games, where they were played as a demonstration sport in Jakarta this week, and the Olympics.“ESports has great potential to become an official sport in the Asian Games, as well as the Olympics,” the bespectacled League of Legends player told AFP.FEATURED STORIESSPORTSGinebra beats Meralco again to capture PBA Governors’ Cup titleSPORTSJapeth Aguilar wins 1st PBA Finals MVP award for GinebraSPORTSTim Cone still willing to coach Gilas but admits decision won’t be ‘simple yes or no’“ESports are immensely popular among the youth so I think that eSports has far bigger growth potential than any other sport,” he added.The 22-year-old millionaire is among the biggest and best paid competitors at the multi-sport Games in Indonesia, which have also hosted footballer Son Heung-min and three-time Olympic swimming champion Sun Yang. Carpio hits red carpet treatment for China Coast Guard PLAY LIST 02:14Carpio hits red carpet treatment for China Coast Guard02:56NCRPO pledges to donate P3.5 million to victims of Taal eruption00:56Heavy rain brings some relief in Australia02:37Calm moments allow Taal folks some respite03:23Negosyo sa Tagaytay City, bagsak sa pag-aalboroto ng Bulkang Taal01:13Christian Standhardinger wins PBA Best Player award Judy Ann’s 1st project for 2020 is giving her a ‘stomachache’last_img read more


Three PH boxers hope to turn quarterfinal triumphs into gold medal berths

first_imgCarlo Paalam of the Philippines (in blue) fights against Taiwan’s Tu Powei (in red) in their men’s light fly (49kg) round of 16 boxing match at the 2018 Asian Games in Jakarta on August 27, 2018. / AFP PHOTO / BAY ISMOYOJAKARTA—Philippine boxing started out with a whimper but shoots for a kick-ass finish on Friday when three pugs look for victories that will assure the Philippines of silver medals in the 18th Asian Games here.Carlo Paalam, Rogen Ladon and Eumir Marcial climb the Jakarta International Expo ring riding big quarterfinal wins, but Association of Boxing Alliances in the Philippines secretary general Ed Picson is warning his charges of complacency.ADVERTISEMENT Sports Related Videospowered by AdSparcRead Next Carpio hits red carpet treatment for China Coast Guard PLAY LIST 02:14Carpio hits red carpet treatment for China Coast Guard02:56NCRPO pledges to donate P3.5 million to victims of Taal eruption00:56Heavy rain brings some relief in Australia02:37Calm moments allow Taal folks some respite03:23Negosyo sa Tagaytay City, bagsak sa pag-aalboroto ng Bulkang Taal01:13Christian Standhardinger wins PBA Best Player award Gretchen Barretto’s daughter Dominique graduates magna cum laude from California college Gov’t in no rush to rescue animals in Taal Lights inside SMX hall flicker as Duterte rants vs Ayala, Pangilinan anew Judy Ann’s 1st project for 2020 is giving her a ‘stomachache’ Trust the system: Volleyball stars plead for patience ‘High crimes and misdemeanors’: Trump impeachment trial begins DepEd’s Taal challenge: 30K students displacedcenter_img Don’t miss out on the latest news and information. Peza offers relief to ecozone firms LATEST STORIES “Of course, their foes are also talented; they’re all in the semis just like them,” Picson said. “Our boys will have to take the fight to them, not be overconfident.”Ladon takes first crack at a gold medal match berth when he slugs it out with Thailand’s Yuttapong Tongdee in the flyweight class at 2:15 p.m. (3:15 p.m. in Manila) before Paalam tangles with India’s Amit at 6:15 p.m. in the light fly division.FEATURED STORIESSPORTSGinebra beats Meralco again to capture PBA Governors’ Cup titleSPORTSJapeth Aguilar wins 1st PBA Finals MVP award for GinebraSPORTSTim Cone still willing to coach Gilas but admits decision won’t be ‘simple yes or no’Marcial drew Uzbekistan’s Israil Madrimov in the middleweight bracket’s final four, slated to go off at 7:45 p.m. Will you be the first P16 Billion Powerball jackpot winner from the Philippines? Palace OKs total deployment ban on Kuwait OFWs MOST READ View commentslast_img read more


Filipino Olympian Ian Lariba passes away at 23

first_imgLATEST STORIES Trending Articles PLAY LIST 00:50Trending Articles00:50Trending Articles00:50Trending Articles02:14Carpio hits red carpet treatment for China Coast Guard02:56NCRPO pledges to donate P3.5 million to victims of Taal eruption00:56Heavy rain brings some relief in Australia02:37Calm moments allow Taal folks some respite03:23Negosyo sa Tagaytay City, bagsak sa pag-aalboroto ng Bulkang Taal01:13Christian Standhardinger wins PBA Best Player award Lariba, known fondly as “Yanyan,” made a name for herself as one of La Salle’s greatest athletes, winning three UAAP MVPs in the table tennis competition and two Athlete of the Year awards.In 2016, Lariba was chosen as the Philippines’ flag-bearer in the Rio Olympic Games after earning the spot for the Olympiad in a qualification tournament in Hong Kong.Sports Related Videospowered by AdSparcRead Next Aces’ Compton, Manuel marvel at ‘special player’ Brownlee Don’t miss out on the latest news and information. DepEd’s Taal challenge: 30K students displaced Gretchen Barretto’s daughter Dominique graduates magna cum laude from California college Our deepest condolences to the family of Olympian and Table Tennis national athlete Yanyan Lariba (@supersaiYAAAN) who passed away tonight after a brave fight against cancer.You are truly loved and shall be greatly missed. pic.twitter.com/B37CbtQNqtFEATURED STORIESSPORTSGinebra beats Meralco again to capture PBA Governors’ Cup titleSPORTSJapeth Aguilar wins 1st PBA Finals MVP award for GinebraSPORTSTim Cone still willing to coach Gilas but admits decision won’t be ‘simple yes or no’— Philippine Sports Commission (@psc_gov) September 2, 2018 ‘High crimes and misdemeanors’: Trump impeachment trial begins Lights inside SMX hall flicker as Duterte rants vs Ayala, Pangilinan anewcenter_img Ian Lariba during the 2017 Philippine Sportswriters Association Awards Night. Photo by Tristan Tamayo/INQUIRER.netFilipino Olympian Ian Lariba has passed away after a long bout with leukemia. She was 23.The Philippine Sports Commission expressed its condolences on its official Twitter account late Sunday night. Several De La Salle-based publications have also reported Lariba’s death past midnight.ADVERTISEMENT View comments MOST READ Gov’t in no rush to rescue animals in Taal Peza offers relief to ecozone firms Palace OKs total deployment ban on Kuwait OFWs Will you be the first P16 Billion Powerball jackpot winner from the Philippines? Judy Ann’s 1st project for 2020 is giving her a ‘stomachache’last_img read more


Gervacio, Tan cap BVR season with gold medal

first_imgLights inside SMX hall flicker as Duterte rants vs Ayala, Pangilinan anew LATEST STORIES MOST READ The spotlight also went to sports superstars Alyssa Valdez and Kiefer Ravena, who came from behind to defeat beach volleyball poster girl Charo Soriano and fan favorite John Vic de Guzman, 23-21, in a celebrity match whose proceeds will go to Mindanao State University-Marawi College of Sports, Physical Education and Recreation Academy.Team Idol, composed of Philippine beach volleyball legends Rhovyl Verayo, Jasper Jimenez, Jun Gallo and guest player Mike Shavrak, hurdled Team Lodi’s Ravena, De Guzman, Sue Roces and Philip Bagalay, 21-17, in another exhibition match to spice up the final day of competitions.FEATURED STORIESSPORTSGinebra beats Meralco again to capture PBA Governors’ Cup titleSPORTSJapeth Aguilar wins 1st PBA Finals MVP award for GinebraSPORTSGolden State Warriors sign Lee to multiyear contract, bring back ChrissUndefeated in five matches, Gervacio and Tan ended the Cinderella run of Doromal and Orillaneda, who needed two do-or-die matches to make it to the final.University of Santo Tomas-Maynilad’s Babylove Barbon and Gen Eslapor rallied from a set down to beat Creamline’s Fille Cayetano and Kyla Atienza, 17-21, 21-12, 15-8, to bag third place, duplicating their achievement in Dumaguete City last month. Carpio hits red carpet treatment for China Coast Guard PLAY LIST 02:14Carpio hits red carpet treatment for China Coast Guard02:56NCRPO pledges to donate P3.5 million to victims of Taal eruption00:56Heavy rain brings some relief in Australia02:37Calm moments allow Taal folks some respite03:23Negosyo sa Tagaytay City, bagsak sa pag-aalboroto ng Bulkang Taal01:13Christian Standhardinger wins PBA Best Player award Nadine Lustre’s phone stolen in Brazil Japeth Aguilar embraces role, gets rewarded with Finals MVP plum No.13 lucky for Orlando Bloom Hernandez, Jorge seize doubles lead Tiger Winx’s KR Guzman and Krung Arbasto outlasted UST-Maynilad’s Rancel Varga and Efraim Dimaculangan, 21-14, 21-12, to clinch the bronze.Sports Related Videospowered by AdSparcRead Nextcenter_img Champions Bea Tan (second from left) and Dzi Gervacio (third from left) receive their prize during the awards ceremonies.Banko-Perlas 1’s Dzi Gervacio and Bea Tan pulled off a dominant 21-8, 21-18 victory over National University-Boysen’s Roma Doromal and Kly Orillaneda to claim the women’s championship of the Beach Volleyball Republic On Tour December Open 2018: A Christmas Rally early this month at The Sands SM By The Bay.Air Force finally captured a men’s title as Ranran Abdilla and Jessie Lopez bested Cignal’s Fauzi Ismail and Edmar Bonono, 21-17, 21-18.ADVERTISEMENT Don’t miss out on the latest news and information. Gretchen Barretto’s daughter Dominique graduates magna cum laude from California college View comments Phivolcs: Slim probability of Taal Volcano caldera eruption Ginebra beats Meralco again to capture PBA Governors’ Cup title After winning title, time for LA Tenorio to give back to Batangas folk ‘Mia’: Rom-com with a cause a career-boosting showcase for Coleen Garcialast_img read more


New year, new hair, new Phoenix deal for Matthew Wright

first_imgGinebra beats Meralco again to capture PBA Governors’ Cup title No.13 lucky for Orlando Bloom Nadine Lustre’s phone stolen in Brazil Carpio hits red carpet treatment for China Coast Guard PLAY LIST 02:14Carpio hits red carpet treatment for China Coast Guard02:56NCRPO pledges to donate P3.5 million to victims of Taal eruption00:56Heavy rain brings some relief in Australia02:37Calm moments allow Taal folks some respite03:23Negosyo sa Tagaytay City, bagsak sa pag-aalboroto ng Bulkang Taal01:13Christian Standhardinger wins PBA Best Player award Japeth Aguilar embraces role, gets rewarded with Finals MVP plum Matthew Wright sportinga  new haircut.MANILA, Philippines—New year, new hair.Phoenix star Matthew Wright finally ditched his curly tops to sport a new buzz cut as part of a new version of him for 2019.ADVERTISEMENT It was essentially a fade cut that had a curly top, much like what Ryota Miyagi of the iconic Slam Dunk anime sported.Wright said he wanted to look different and that he’d end up looking the same as before in a few months.ADVERTISEMENT How hard is it to be a basketball player? Just take a look at June Mar Fajardo’s feet Lights inside SMX hall flicker as Duterte rants vs Ayala, Pangilinan anew After winning title, time for LA Tenorio to give back to Batangas folk “I just felt like it was a new year, this was my hair for a long time,” said Wright after the Fuel Masters’ Friday practice at Upper Deck. “I think it’s time for a change, a new hairstyle, I feel like I could just go out of bed and look more like a basketball player.”Wright has been wearing his hair the same since he entered the league in 2016 as part of the special draft from which the members of the Gilas program were taken.FEATURED STORIESSPORTSGinebra beats Meralco again to capture PBA Governors’ Cup titleSPORTSJapeth Aguilar wins 1st PBA Finals MVP award for GinebraSPORTSGolden State Warriors sign Lee to multiyear contract, bring back Chriss ‘Mia’: Rom-com with a cause a career-boosting showcase for Coleen Garcia Don’t miss out on the latest news and information. “It’s just a change of scenery, it’s hair, it’s going to grow back,” said Wright who’s also aware that his hair has been the subject of several memes. “If it looks ugly, in three or four months, it will be back to how it was before.”“It’s not really a big deal, even here in Phoenix they were teasing me, but I don’t mind. It’s just hair.”Aside from the new do, Wright also got a fresh contract with the Fuel Masters, who are eager to surpass last conference’s playoffs breakthrough this season.Sports Related Videospowered by AdSparcRead Next MOST READ LATEST STORIES Phivolcs: Slim probability of Taal Volcano caldera eruption Gretchen Barretto’s daughter Dominique graduates magna cum laude from California college View commentslast_img read more


HIS Church Brings in Food Items

first_imgThe international charity, HIS Church, based in Lincolnshire, the United Kingdom, has dispatched three 40-foot containers to Liberia containing food and non-food items to assist indigent communities throughout the country in the wake of the untold sufferings caused by the Ebola virus outbreak.The items, estimated at $1.4 million United States dollars, are in response to a special appeal recently  made to the charity by the Vice President, Joseph N. Boakai.According to the Coordinator at HIS Church Charity, Mr. Richard Humphrey, “his organization is immensely pleased to identify with Liberia at this critical time in the country’s history,  especially considering the devastating effects the ongoing Ebola virus has had on the human capacity and infrastructure developments initiated by the government of President Ellen Johnson Sirleaf.”Speaking further, he said one of the containers is loaded specifically with items to assist communities devastated by the Ebola outbreak. The items include mattresses, beddings, kitchenware, clothing, sewing machines, high grade Basmati rice, high visibility jackets, handbags, anti-bacteria lotions among others.He noted that “the food and non-food items are intended to assist residents in quarantined communities with basic needs while helping to contain the spread of the virus and the loss of additional lives”.Also speaking at the loading bay in Lincolnshire, the Liberian Ambassador to the United Kingdom of Great Britain and Northern Ireland, Rudolf von Ballmoos, thanked HIS Church Charity on behalf of the President, government and people of Liberia for the huge consignment of items designated for the people of Liberia. He noted, “This  gesture on the part of HIS Church Charity demonstrates the level of concern shown by international organizations towards the eradication of the Ebola virus from Liberia.The unexpected emergence of the Ebola virus at a time when the government is pursuing a protracted transformation agenda following years of civil conflict, said Ambassador von Ballmos, has the potential to cause distractions.  He, however,  assured His Church leaders that the government of President Ellen Johnson Sirleaf remains committed to eliminating the virus from the country with the support of all friendly governments and international organizations.The containers are being loaded at the Felixstowe port outside London and are expected to arrive in Liberia by the end of September.Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)last_img read more


Public Transport Gets Boost

first_imgAt least some of the traveling woes of pedestrians are now relieved this festive season, with the donation of 15 new 52-seater buses to the Liberian Government by the Indian Government.The buses were yesterday dedicated and turned over to President Ellen Johnson Sirleaf by the Honorary Indian Consul General to Liberia, Mr. Upjit Singh Sachdeva, at ceremonies held on the grounds of the National Transit Authority (NTA), along the Somalia Drive.Consul General Sachdeva, commonly known in Liberia as ‘Mr. Jeety’, said the 15 buses are in fact an addition to 25 buses previously donated in October 2010 by his country’s government and people. The 25 buses were turned over to the President on her 72nd birthday in 2010.“These bus donations are a culmination of efforts at various official levels both in Liberia and India, and reflect the very cordial and mutually beneficial bilateral relations between India and Liberia,” the Indian diplomat said.According to him, the additional buses are his country’s way of identifying with GOL’s policy program of “setting up a reliable, efficient and sustainable public mass transit system in line with the Poverty Reduction Strategy.”Touching on his country’s response to the fight against the Ebola virus disease (EVD), he said his country has given at least US$12.5 million to the UN Trust Fund for Ebola and the World Health Organization. US$2 million of the money was used to purchase personal protective equipment (PPE) to assist health workers in the three worst affected countries of Liberia, Sierra Leone and Guinea.He disclosed that his Ambassador, Mr. Dinesh Bhatia, who resides in Abidjan, La Côte d’Ivoire, donated a US$50,000 worth of medicines to Liberia and “an ambulance is on the way to Monrovia as part of that assistance.”It can be recalled that the Association of Indian Community in Liberia, last August, gave US$200,000 worth of Ebola materials to the GOL.President Sirleaf, who was brief, thanked the Indians for the buses and urged the National Transit Authority (NTA) to put them on the roads so they can begin to convey people.She reminded the NTA management that one-third of the country’s population resides in Monrovia and its environs. The President, however, commended the transit authority for keeping the entity viable and for a dedicated and honest service to nation.She disclosed that the National Transit Authority management has agreed to give at least one of the buses to the University of Liberia.Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)last_img read more


August 5: Queen’s College started and Burnham died in the same month and…

first_imgDear Editor,Reading does enlighten us about a great lot, and I was just recently perusing a British Guiana Queen’s College Magazine dated 1944-45, and it just dawned on me that the institution will be celebrating 174 years of existence on August 5, 2018. It’s the same institution that the late President L.F.S Burnham attended, and he died on August 5, 1985.What a coincidence of August 5?August 5, 1844: the institution opened its doors at the Colony House with 15 pupils enrolled, and the original name was ‘Queen’s College Grammar School.’Rev. W. Hamilton and Rev. Webber were the tutors employed during the opening stages; and in 1845, the institution moved to Main Street with 33 pupils on roll.August 14, 1848: it was incorporated; September 1854, it was moved to Carmichael Street; and in 1876, the new name was given as ‘Queen’s College.’Easter 1918: the institution was moved to the old orphanage in Brickdam, and the school library was started. In 1937, Thomas Lands location was presented to Queen’s College.Where was Colony House?Where in Main Street was Queen’s College once housed?Where in Carmichael Street was the institution once located?Where in Brickdam was the old orphanage?The above data was extracted from the magazine in question, which I have attached for your respective readership’s viewing. Anyone is welcome to make any correction from the above.Yours faithfully,T .PembertonTour Guide/Photographerlast_img read more


Teachers’ strike, decimated sugar industry, and Guyana’s oil

first_imgDear Editor,How could we have billions of barrels of oil in 2018 and not be able to pay our teachers a living wage? The value of having the requisite quality of well-paid and motivated teachers of the highest calibre will reverberate across this nation in positive ways that will lift Guyana out of its morass.Let us, for this occasion, set aside the multiple ways that funds can be sourced from our treasury to give at least 25 percent increase to our teachers for 2018 and a 5 percent increase for each year, 2019 and 2020. Instead, let us source the needed funds from our oil resources now.What is more important to the development of a nation than the education of our youths? We hear so much of the importance of Science, Technology, Engineering, Math, English and Artisan skills, yet we show great trepidation in taking the necessary actions to ensure that we empower our teachers with the benefits to get the job done and stem the increasing trend of violence, robbery, idleness, underdevelopment of our youth, marginalisation of our youth, alarming levels of migration, poor communication skills, a subservient culture, inferiority complex, and contract subjugation.The leveraging of our oil resources for the benefit of our teachers and support of the sugar industry, among others, will have an immediate and positive impact on the economic welfare of Guyana. What folly it is to create a wealth fund while our teachers and sugar workers are thrown under the truck.We often hear of providing for future generations. I beg to differ somewhat, and state emphatically that the most important generations are those among us now. And the empowerment of current generations will benefit current and future generations.Too often our political leaders are servile, complicit, compromised, weak-kneed and spineless to the global powers that we cannot engage with Exxon’s Esso, Hess, and Nexen – mano a mano and negotiate a contract that 1: pays a realistic signing bonus exceeding US$500 million; 2: Increase the royalty to at least 10%; and 3: Have the partners of the Government of Guyana that signed on to the 2016 Production Sharing Agreement disgorge themselves of the foul pre-contract costs that are doubling every two years from US$460 million at the end of 2015 to over US$900 million in 2018.How many billions of barrels of oil must be found before we find ways to monetise the oil discoveries to fund our teachers and sugar industry now?In the midst of the Exxon’s Esso oilgreeopoly, we have the aptly named “Wood” McKenzie agent releasing a report dated August 31, 2018, noting that Guyana’s Liza complex located in the Stabroek block accounts for 15% of all conventional crude oil found globally since 2015. “Wood” clusters over several key data points, such as amount of oil in the Liza complex, acreage of the Liza complex, location of the other 85% of crude oil found since 2015; and unsurprisingly, the amount of royalty for the owner of the oil: Guyana.Wood McKenzie then gloats over the triple play for Esso, Hess, and Nexen, comprising of attractive fiscal terms, scale of resource, and oil reservoir quality.How foolish it is that we have billions of barrels of oil in our backyard and we can’t pay respectable salaries to our teachers and support our sugar industry. Are our negotiating skills so hollow and inept that we can’t use monetary value leverage, with the billions of barrels of oil, to benefit Guyanese in need now; starting with our teachers, sugar workers and nurses?More probably, the failure to leverage the billions of barrels of oil has more to do with the despicable 2016 oil contract that Guyana signed away with Exxon’s Esso and its partners for a measly 2% and other superficial benefits.With 123 billion acres of land and water on earth – 29 percent land and 71 percent water — our beloved Guyana has been blessed by Nature, Providence and Divinity to have Guyana’s Stabroek Block, comprising 0.005 percent of the earth’s surface containing billions of barrels of oil offshore.Let us have the courage to demand that the resources in our 0.005 percent offshore secures a contract that is best for Guyana’s ascendancy, and provide a livelihood commensurate with our oil wealth: for our teachers, sugar workers, nurses, pensioners, youths; and provide financial support for our industries and build infrastructure that will propel us to developed country status.Sincerely,Nigel Hindslast_img read more