drillship 'Yavuz'

Turkey's 230-meter (750-foot) drillship 'Yavuz' crosses the Marmara Sea on its way to the Mediterranean, from the port of Dilovasi, outside Istanbul, Thursday, June 20, 2019. Turkey had launched Yavuz, that it says will drill for gas off neighbouring Cyprus despite European Union warnings to refrain from such illegal actions that could incur sanctions against Ankara.(AP Photo/Lefteris Pitarakis)

OUR CARICOM neighbour, Guyana, which is headquarters of the Caribbean Community and Common Market (Caricom), has issued its first Extractive Industries Transparency Initiative (EITI) report, which reveals that in 2017 gross domestic product (GDP) generated by the mining sector amounted to US$634 million and accounted for 20.90 per cent of total GDP.

The mining and petroleum sector contributed US$99 million or 9.3 per cent to general government revenue. The value of exports from the mining sector amounted to US$927 million or 65.1 per cent of total exports in financial year 2017 and employment in the mining and petroleum sector was 4.2 per cent of total employment during 2017.

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THIS week, we at Bourse highlight the importance of investing in securing your financial future. We consider three investor profiles – the conservative, moderate and aggressive investor - and offer some guidance for persons seeking to position their portfolios for the remainder of 2019.

LAST WEEK, on July 9, 2019, S&P Global Ratings lowered its long-term foreign and local currency sovereign credit ratings on the Republic of Trinidad and Tobago to ‘BBB’ from ‘BBB+’.

The trade union representing aviation workers is complaining about the lack of recognition of the Aviation, Communication and Allied Workers Union (ACAWU) and the non-payment of outstanding monies owed to employees of Caribbean Airlines Ltd (CAL) amounting to about $37,590 for the period January 1, 2007 to December 31, 2018.

Maintenance technicians had to move swiftly to drain super gasoline from several diesel-run vehicles on Wednesday afternoon, due to a fuel mix-up at NP’s service station just before the Starlite Shopping Plaza in Diego Martin.