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Guyana prediction : rice will join sugar in the great freefall

“[Venezuel] said that they had communicated that to the [PPP] Administration that they will not be renewing the [petro-Caribe/rice] contract and they still stand by that” – Finance Minister, Winston Jordan

rafael correra, jagdeo and hugo chavez
rafael correra, mis.leader and hugo chavez

many of Guyana’s finest forgot that Venezuela held most of the cards. Chavez hoodwinked Jagdeo & the PPP into the petro-Caribe/rice mixup and now maduro has pulled the plug
the rice industry will join sugar in the great freefall to come

all that excessive over-production to supply the Venezuelan market will now be exposed for what it always was, another ppp hu$$le. Robert persaud, ashni singh & leslie ramsammy all laughing to the bank answerable to no one.

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One response to “Guyana prediction : rice will join sugar in the great freefall”

  1. Mark Jacobs Avatar
    Mark Jacobs

    Reblogged this on mark jacobs lives! and commented:

    bang bang
    Venezuela yesterday issued a directive for Guyana to cease all paddy and rice shipments to the neighbouring country with immediate effect.
    This comes four months before the PetroCaribe agreement was scheduled to come to an end.
    With some 270 containers of rice worth over US$5M left stranded on the wharves, and a further surplus crop expected to come by next month, this latest move by the oil producing giant, leaves Guyana with a more urgent need than ever to find an alternative market to Venezuela, which was responsible for 34 percent of rice exports under the PetroCaribe oil for rice deal.

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