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first_img…more concerned with increasing revenues – JagdeoDespite the Government’s reluctance to speak on or engage parties in helping to address the issue of high fuel prices, Opposition Leader Bharrat Jagdeo claimed that there is fiscal space to make the adjustment with the tax regime to allow a reduction of gas prices for local consumers.Opposition Leader Bharrat JagdeoJagdeo told a news conference on Thursday that under the People’s Progressive Party/Civic (PPP/C) Government, there was a system used in cases like these, where the taxes can be adjusted based on the movement up or down on the gas price, so that the benefits would be passed onto the people.Given the mounting criticisms and the need for serious attention to be paid to the issue, the PPP/C General Secretary said, “The Government through public pressure must adjust the rate at the pump. They have a lot of room. They have the fiscal space as well as the tax play to make that adjustment.”The former Guyanese Head of State recalled that when the prices for crude oil stood at about US$75 per barrel, lower that the US$120 high before the rapid tumble a few years ago to about US$28.“We had argued that with the rapid tumble, the benefits should have been passed on to the Guyanese public, who would have seen lower prices at the pump and in their electricity bill. They never did that. And what happened was that they raked in billions in revenue; they collected over $25 billion at GPL alone.”He told the media that now the crude prices have gone up back to about US$75 a barrel and not US$120 as yet, there is definitely room to make significant adjustments to the price of fuel at the pump.But Jagdeo said he is convinced that the Government may not be too keen on implementing that, especially based on the fact that they are more concerned about collecting more revenue. “Not to give people a chance because price for fuel has an impact on production as well as cost of living. They don’t see this as a responsibility but one to collect taxes. They just want to collect more taxes,” he asserted.Another point raised by Jagdeo was the fact that under the PPP/C Government, the Guyana Oil Company (Guyoil) was used as a regulatory agency whereby the price at the State-owned entity set a precedence for other companies to follow. “Now they are keeping the price high at Guyoil, so the private companies are raking in large sums of money because they don’t have to make adjustments,” he claimed.In recognising the protest actions being taken by minibus operators in relation to the increased fuel costs, Jagdeo said Government’s response to this issue just highlights how incompetent they are at resolving very simple issue, especially those that have a direct impact on people lives and the economy.“What we are seeing with the manifestation of protests is because of the incompetence of Government and their desire to rake in as much as they can… and then waste it, not to see how they will temper cost of living,” he said, explaining that minibus operators are also faced with a ban on used tyres.He said “If they (minibus operators) don’t adjust their prices, then the transport cost may go up because since 2015 they minibus operators been saying to me that they have to buy new tyres and their costs have gone up and now have to pay taxes on other stuff. So they are faced with another situation,” he added.While persons have shared their displeasure with the increased prices, many public transport drivers have expressed that it will affect them if it continues to escalate. Several minibus drivers have said the increase in fuel will ultimately lead to the increase in transportation costs.There have been widespread protests some small and other large, at various parts of the country, particularly for minibus operators plying the East Coast or East Bank Demerara routes.In September 2017, world market prices for fuel increased due to the hurricane, which resulted in Guyoil adjusting the prices in gasoline, diesel and kerosene to a higher cost. Again, in February of this year, Guyoil adjusted its prices upwards. The average price of gasoline around the world is US$1.15 per liter.A check at the pumps on Thursday revealed that Guyoil is selling fuel at $230 per liter while privately operated Shell was selling at $239 per liter and Rubis was selling at $235 per liter.last_img read more

first_imgHamid Hayat’s sentencing has been postponed while Judge Garland E. Burrell Jr. considers a defense motion seeking a new trial. The judge delayed making a decision. Under questioning by the judge, Cote denied allegations contained in a sworn statement by another juror that he made a gesture similar to tightening a noose or uttered “hang him” while jurors were considering evidence. “No, your honor, never,” Cote told the judge. He also defended statements he made after the trial to Atlantic Monthly. Cote told the magazine that “new rules of engagement” were justified after the Sept. 11 attacks and the 2005 London subway bombings. Defense lawyers seized on those statements as evidence that Cote was predisposed to convict anyone accused of terrorism. Assistant U.S. Attorney Robert Tice-Raskin acknowledged the foreman acted improperly when he telephoned an alternate juror during deliberations. But he said none of Cote’s actions were damaging enough to merit a new trial. SACRAMENTO – Shaky testimony and prejudice by the jury foreman should be enough to grant a new trial to a Lodi man convicted last year of terrorism-related charges, a defense lawyer argued Friday. Attorney Dennis Riordan told a federal judge that jury foreman Joseph Cote was biased against his client because he is Pakistani-American, a Muslim and was charged with terrorist activities. “We really have a question if we had 12 fair jurors,” Riordan said during a hearing in U.S. District Court. “We know that one of them was not fair.” Hayat, 24, was arrested in June 2005 and convicted last April of lying to federal agents when he denied attending a terrorist training camp in Pakistan in 2003. He also was convicted of providing support to terrorists by attending the camp, then returning to the U.S. intending to conduct a holy war. He faces up to 39 years in prison.160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set!last_img read more