US EditionOil, Threat of War, and China: Why Elections in This Small South American Country Are Crucial for the US
The election will decide the distribution of $7.5 billion oil revenue amid ethnic political divisions and opposition calls for renegotiating contracts with ExxonMobil.
- On Monday, Guyanese voters will head to the polls to choose parliament members and a president who will determine how hydrocarbon riches are spent, with $7.5 billion earned since ExxonMobil began offshore oil production.
- Opposition groups argue that oil earnings disproportionately benefit well-connected groups amid ethnic divides between Indo-Guyanese and Afro-Guyanese communities, while new platforms stress fairer access.
- The new We Invest in Nationhood party, led by Azruddin Mohamed and sanctioned by the U.S. last year, has attracted grassroots supporters and published a manifesto pledging fairer access to housing and opportunities.
- With parliament held by one seat, the People's Progressive Party faces opposition parties pledging to renegotiate Exxon's contract, raising stakes over Guyana's $7.5 billion oil revenues.
- Voting at some 2,800 polling places opens at 6 a.m. and closes at 6 p.m., with the Elections Commission planning to deliver results by Wednesday amid concerns from Guyana's 2020 election standoff.
19 Articles
19 Articles
Oil, threat of war, and China: why elections in this small South American country are crucial for the US
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.
Colorado Springs Gazette
Guyana votes for leader amid debate about oil riches
GEORGETOWN, Guyana (Reuters) -Guyanese voters will head to the polls on Monday to choose members of parliament and a president who will determine how riches from the South American country's hydrocarbon boom will be spent.
Guyana is one of the smallest countries in Latin America, but its elections on Monday attract attention from a larger and more active nation in regional geopolitics. Why? For at least three reasons.
By Anabella Gonzalez, CNN en Español Guyana is one of the smallest countries in Latin America, but its elections this Monday are attracting the kind of attention expected of a larger nation active in regional geopolitics. Why? For at least three reasons. Surrounded by mineral resources, its oil production is growing and could surpass Iran's by 2027. This deployment of strategic resources is also attracting the attention of the United States and …
Citizens participate in key elections that will determine the future of energy resources and the management of the border crisis, while the country's economy is experiencing unprecedented growth By Patrick Fort A banner by the president...
President Irfaan Ali, opposition politician Aubrey Norton, who leads a coalition of six parties, and the United States sanctioned entrepreneur Azruddin Mohamed lead the race for Guyana's presidency in the elections on September 1. In the general and regional elections in Guyana, a president, members of the National Assembly and the [...] The post Latin America: Presidential elections in Guyana first appeared on latinapress News.
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