International
‘Black gold’ for Guyana and Suriname, a blessing or curse?
AFP | Patrick Fort
Emerging as potential oil powers while the world seeks to wean itself off planet-warming fossil fuels, poverty-stricken South American neighbors Guyana and Suriname say they have to cash in while they can.
The former Dutch colonies are among the world’s most tree-covered countries, hosts to the so-called forest “lungs” that sequester massive amounts of planet-warming carbon dioxide.
Their economies and populations small, the countries have traditionally emitted little CO2 or other greenhouse gasses from fossil fuel use — in fact Suriname is one of only three carbon-negative countries in the world and Guyana claims carbon neutrality.
But some fear this could change with the recent discovery of rich offshore oil deposits in an area known as the Guyana-Suriname Basin.
Guyana, a country of 800,000 people, was recently found to have proven reserves of at least 10 billion barrels of oil, likely much more according to experts.
This makes it the country with the highest reserves per capita in the world — which consumes 99.4 million barrels of oil per day.
Early assessments suggest the reserves of Suriname, a country of 600,000 people, may not be far behind.
“It will be hard to remain carbon neutral as a country (involved in the) petroleum sector,” economist Steven Debipersad of the Anton de Kom University in Suriname’s capital Paramaribo, told AFP.
The projected $10 billion Suriname stands to make in the next 10 to 20 years, will likely bring economic growth at the cost of the environment, he said.
The country’s GDP today is about $3 billion.
Hungry ‘every day’
Their presidents insist Guyana and Suriname cannot be expected to turn their backs on a chance to fill their countries’ coffers and raise the quality of life for their people.
The countries are among the poorest in South America, with vast swathes of their populations living without electricity, clean water or access to adequate health services.
In a Paramaribo ghetto named Texas, dirty sewer water flows among dilapidated wooden homes.
Resident Edison Poekitie, a 23-year-old musician, scrapes by on no more than $50 a week. Does he go hungry?
“Every day!” he told AFP. “It’s hard out here, really hard.”
The community, he added, needs “water pipes, cables, new roads without potholes, schools, better houses, playgrounds…”
Poekitie said he hoped the government would spend the oil money “wisely,” a sentiment echoed by 45-year-old food truck owner Brian Braithwaite in a poor neighborhood of the Guyanese capital Georgetown.
“Hopefully they do something so that… people (who) live on the street can do better,” Braithwaite said.
‘Oil curse’
Both presidents have vowed to make judicious use of their windfall petroleum profits, though some are worried that will undercut the sovereign wealth funds set up to guard some money for future generations.
“We are quite aware of the oil curse,” Suriname President Chan Santokhi told AFP, alluding to neighbor Venezuela and other resource-rich countries such as Angola and Algeria that were unable to turn oil wealth into social and economic progress.
“We… should also get the opportunity to benefit from the production of oil and gas and its income” to address a biting economic crisis “and help our people to have better lives,” he insisted.
For his part, Guyanese President Mohamed Irfaan Ali wants to use the oil income to “create wealth for now, and future generations.”
Both speak of using the money to diversify their economies with investments in agriculture, tourism, housing, education and health care.
Eventually, “the oil and gas will be gone, but the food security should be guaranteed,” said Santokhi.
Oil money for green energy
Oil extraction and refining are major contributors to greenhouse gas emissions.
Though they have historically emitted little, Suriname and Guyana are both deeply affected by global warming — in the crosshairs of worsening tropical storms and of flooding from rising sea levels.
Presidents Santokhi and Irfaan Ali believe they can maintain their countries’ carbon balances by using oil money to protect their forests and invest in green energy.
Defending the forests that cover about 87 percent of Guyana and 93 percent of Suriname is also economically sage: both countries can sell so-called carbon credits to polluters who need to offset emissions.
For Guyana, carbon credits are worth about $190 million per year, said Irfaan Ali.
Monique Pool, director of the Green Heritage Fund of Suriname, is not convinced by the two-pronged approach.
“Carbon credit will give us more money faster than oil and gas and for longer because it will be sustainable,” she told AFP.
In Georgetown, activist Christopher Ram agreed the oil should be left in the ground, expressing fear of exploitation by ruthless companies in the absence of “good governance.”
Instead, “I would go to the international community and say: ‘We are a small country, we’ve always been good to the environment, we want to stay that way… help us get the benefits we would have got with oil’.”
But 53-year-old Cynthia Neel, who sent her daughter from Suriname to the Netherlands at the age of six for education and a chance at a better life, is hopeful of positive change.
“I hope that with the oil the children will no longer have to leave,” she told AFP.
-
Economist Steven Debipersad poses for a picture at the Istitute of Graduate Studies in the Anton de Kom University in Paramaribo, on September 14, 2022. - Emerging as potential oil powers while the world seeks to wean itself off planet-warming fossil fuels, poverty-striken South American neighbors Guyana and Suriname say they have no choice but to cash in while they can. (Photo by Patrick FORT / AFP)
International
Protests persist in Uruapan after mayor’s assassination as citizens demand justice
Five days after the assassination of Carlos Manzo, the mayor of Uruapan in the western state of Michoacán, and following the appointment of his widow, Grecia Quiroz, as interim mayor, hundreds of people continue protesting for the third consecutive day demanding justice.
On Wednesday, around 200 vehicles belonging to transport associations and business owners blocked roads in central Uruapan and several major avenues across the city.
Meanwhile, in Morelia, the state capital, two university marches were scheduled. Demonstrations since Monday have been marked by clashes, police response, and protesters forcing their way into the Michoacán Government Palace.
About 200 kilometers away, in the port city of Lázaro Cárdenas, another demonstration was called for 6:00 p.m. local time, in which the Association of Producers and Exporting Packers of Avocado of Mexico (APEAM) announced it would join the demand for greater security.
Total Shutdown Planned in Uruapan
Local business chambers and organizations in Uruapan have called for a “total shutdown of activities” this Friday, the 7th, at 10:00 a.m. (16:00 GMT). They are urging residents to place a black ribbon at the entrance of their homes or businesses as a sign of mourning.
The groups plan to march wearing black or white shirts under the slogan: “For those who are gone, for those who are afraid, for those who remain standing.”
International
Sexual assault attempt on Mexico’s president sparks outrage in historic center
A man harassed and groped Mexican President Claudia Sheinbaum without her consent on Tuesday while she walked through Mexico City’s historic center, just meters from the National Palace, greeting members of the public.
The man, who appeared to be intoxicated, attempted to kiss the president from behind before grabbing her. Security personnel immediately intervened and detained him, with video footage showing Sheinbaum visibly tense following the incident.
Sheinbaum was on her way to the first National Meeting of Universities and Higher Education Institutions at the Education Secretariat headquarters, located just a few blocks from the palace. She chose to walk to the event due to the short distance.
During the stroll, in one of the busiest parts of the capital, the man took advantage of the crowd surrounding the president, approaching her from behind, trying to kiss her neck and placing his arms around her.
Hours later, federal authorities confirmed that the suspect — identified as Uriel Rivera Martínez — had been arrested and taken to the Mexico City Prosecutor’s Office for Sexual Crimes, according to the National Detention Registry.
Legal sources stated that Sheinbaum was the victim of a flagrant sexual abuse offense under Mexico City’s Penal Code, noting that no close assistant intervened at the very moment the assault occurred.
According to a 2024 survey by the National Institute of Statistics and Geography (INEGI), 15.5% of women in Mexico have experienced sexual harassment, groping, exhibitionism or attempted rape — five times the percentage of men, at 3.2%.
International
Longest government shutdown in U.S. history deepens airport and aid crisis
The U.S. government shutdown reached a historic milestone on Wednesday, becoming the longest in the nation’s history as Republicans aligned with President Donald Trump continue to clash with Democratic opposition over the federal budget.
The shutdown entered its 36th day, surpassing the previous record set in 2019 during Trump’s first term in office.
Over the past six weeks, the budget impasse has left roughly 1.4 million federal workers without pay. Employees deemed “essential,” including air traffic controllers and law enforcement officers, have been required to continue working despite not receiving their salaries.
Conditions at airports are growing increasingly strained. Transportation Secretary Sean Duffy warned that the federal government may be forced to partially shut down U.S. airspace due to staffing shortages.
“So if we go another week from now, Democrats, you will see massive chaos… you will see massive flight delays,” Duffy cautioned.
Social assistance programs have also been disrupted. On Tuesday, Trump stated that food aid relied upon by millions of Americans would not be distributed until the government reopens — contradicting earlier administration comments indicating that partial benefits could still be provided.
Protests persist in Uruapan after mayor’s assassination as citizens demand justice
Sexual assault attempt on Mexico’s president sparks outrage in historic center
Longest government shutdown in U.S. history deepens airport and aid crisis
Tec de Monterrey honors one of its students for his contribution to nanotechnology in medicine
Defense Minister commends salvadoran soldier for Central American Cross Country victory
Extension of the state of emergency approved in southern Chile
-
International5 days agoFloods in Central Vietnam leave 28 dead, thousands displaced
-
International1 day agoShootout in Sinaloa leaves 13 gunmen dead as authorities rescue kidnapping victims
-
International3 days agoAt least 23 killed in Sonora supermarket blast, including minors
-
International2 days agoU.S. uses $4.65 billion in emergency funds to sustain SNAP benefits amid shutdown
-
International5 days agoFBI foils ISIS-Inspired attack in Michigan, arrests five teens
-
International2 days agoFour suspected PCC members killed in Police shootout in Florianópolis
-
International3 days agoU.S. strike in Caribbean kills three suspected drug traffickers
-
International17 hours agoDeadly fire in bosnian nursing home leaves 11 dead and dozens injured
-
International1 day agoSheinbaum maintains 70% approval despite growing discontent in Mexico
-
International1 day agoFormer U.S. vice president Dick Cheney dies at 84
-
International1 day agoTrump alleges “massive fraud” in California redistricting vote without evidence
-
International17 hours agoSexual assault attempt on Mexico’s president sparks outrage in historic center
-
International17 hours agoLongest government shutdown in U.S. history deepens airport and aid crisis
-
International3 hours agoProtests persist in Uruapan after mayor’s assassination as citizens demand justice