US EditionGuyana Holds General Election as Candidates Vie for Control of Country's Oil Wealth
Guyana's election involves 757,690 registered voters determining leadership amid $10 billion annual oil revenue and territorial tensions with Venezuela, with results expected by September 4.
- Guyana held its most consequential election in decades on Monday, impacting oversight of $10 billion in annual revenue from oil and gas production.
- Aubrey Norton accused the ruling party of corruption, stating, 'Our aim is to restore decency in Guyana.'
- Evelyn Crawford, a voter, expressed concerns about the current pension system, stating, 'What they give us is way not enough.'
- The World Bank reported that Guyana has the fastest growing economy globally, with GDP increasing around 15% annually over the last six years.
103 Articles
103 Articles
Guyana, flush with oil riches, votes for leader
GEORGETOWN, Guyana (Reuters) -Polls have closed in Guyana's general election, where voters cast ballots on Monday to choose 65 members of parliament and a president who will determine how riches from the South American country's hydrocarbon boom will be spent. Read full story
Guyana's Election: A Race Fueled by Oil Wealth
Guyana's Election: A Race Fueled by Oil Wealth Guyana's general election has concluded, with citizens casting ballots to select 65 members of parliament and a president who will shape the future of the nation’s burgeoning oil wealth management. Voters turned out on Monday amid claims of economic growth since ExxonMobil commenced offshore oil exploration in 2019, boosting the economy by an estimated $7.5 billion.President Irfaan Ali, seeking reel…
Oil, threat of war, and China: why elections in this small South American country are crucial for the US | News Channel 3-12
By Anabella González (CNN) — Guyana is one of the smallest countries in South America, but its elections on Monday might have outsized implications for oil markets and the United States. Here is what you should know. Surrounded by mineral resources, Guyana’s oil production is growing and could surpass Iran’s by 2027. But the threat of a military clash is looming over Guyana, because Venezuela claims one of the country’s oil-rich territories. Mea…
Guyana Begins Pivotal Election as Oil Boom Dominates Campaign
Guyana is holding general elections today that will determine who governs one of the world’s fastest-growing oil economies as ExxonMobil, Hess, and China’s CNOOC continue rapid development of the Stabroek block, which has transformed Guyana into a top emerging offshore producer. The election pits the ruling People’s Progressive Party (PPP) against the opposition coalition, A Partnership for National Unity (APNU), with both parties pledging to ma…
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