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The history of Guyana begins about 35,000 years ago with the arrival of humans coming from Eurasia. These migrants became the Carib and Arawak tribes, who met Alonso de Ojeda's first expedition from Spain in 1499 at the Essequibo River. In the ensuing colonial era, Guyana's government was defined by the successive policies of the French, Dutch, and British settlers. During the colonial period, Guyana's economy was focused on plantation agriculture, which initially depended on slave labor. Guyana saw major slave rebellions in 1763 and 1823. Following the Slavery Abolition Act of 1833, 800,000 enslaved Africans in the Caribbean and South Africa were freed, resulting in plantations contracting indentured workers, mainly from India. Eventually, these Indians joined forces with Afro-Guyanese descendants of slaves to demand equal rights in government and society. After the Second World War, the British Empire pursued policy decolonization of its overseas territories, with independence granted to British Guiana on May 26, 1966. Following independence, Forbes Burnham rose to power, quickly becoming an authoritarian leader, pledging to bring socialism to Guyana. His power began to weaken following international attention brought to Guyana in wake of the Jonestown mass murder suicide in 1978.
British Guiana was a British colony, part of the mainland British West Indies, which resides on the northern coast of South America. Since 1966 it has been known as the independent nation of Guyana.
The Dutch began their colonisation of the Guianas, the coastal region between the Orinoco and Amazon rivers in South America, in the late 16th century. The Dutch originally claimed all of Guiana but—following attempts to sell it first to Bavaria and then to Hanau and the loss of sections to Portugal, Britain, and France—the section actually settled and controlled by the Netherlands became known as Dutch Guiana.
The prime minister of the Co-operative Republic of Guyana is an elected member of the National Assembly of Guyana who is the principal assistant and advisor to the president as well as the leader of government business in the Assembly, but is not the head of government in Guyana. The prime minister assumes the office of president if the presidency becomes vacant.
Demerara is a historical region in the Guianas, on the north coast of South America, now part of the country of Guyana. It was a colony of the Dutch West India Company between 1745 and 1792 and a colony of the Dutch state from 1792 until 1815. It was merged with Essequibo in 1812 by the British who took control. It formally became a British colony in 1815 until Demerara-Essequibo was merged with Berbice to form the colony of British Guiana in 1831. In 1838, it became a county of British Guiana until 1958. In 1966, British Guiana gained independence as Guyana and in 1970 it became a republic as the Co-operative Republic of Guyana. It was located around the lower course of the Demerara River, and its main settlement was Georgetown.
Linden Forbes Sampson Burnham was a Guyanese politician and the leader of the Co-operative Republic of Guyana from 1964 until his death in 1985. He served as Premier of British Guiana from 1964 to 1966, Prime Minister of Guyana from 1964 to 1980 and then as the first Executive President of Guyana from 1980 to 1985. He is often regarded as a strongman who embraced his own version of socialism.
The Guyanese dollar has been the unit of account in Guyana since 29 January 1839. Originally it was intended as a transitional unit to facilitate the changeover from the Dutch guilder system of currency to the British pound sterling system. The Spanish dollar was already prevalent throughout the West Indies in general, and from 1839, the Spanish dollar unit operated in British Guiana in conjunction with British sterling coins at a standard conversion rate of one dollar for every four shillings and twopence. In 1951 the British sterling coinage was replaced with a new decimal coinage which was simultaneously introduced through all the British territories in the Eastern Caribbean. When sterling began to depreciate in the early 1970s, a switch to a US dollar peg became increasingly attractive as an anti-inflationary measure and the Eastern Caribbean Currency Authority made the switch in October 1975. The Guyanese dollar is normally abbreviated with the dollar sign $, or alternatively G$ to distinguish it from other dollar-denominated currencies.
The Demerara River is a river in eastern Guyana that rises in the central rainforests of the country and flows to the north for 346 kilometres until it reaches the Atlantic Ocean. Georgetown, Guyana's largest seaport and capital, is situated on the east bank of the river's mouth. The river divides Essequibo Islands-West Demerara on the west bank from Demerara-Mahaica to the east.
The Guianas, also spelled Guyanas or Guayanas, is a region in north-eastern South America. Strictly, the term refers to the three Guyanas: Guyana, Suriname and French Guiana, formerly British, Dutch and French Guyana. Broadly it refers to the South American coast from the mouth of the Oronoco to the mouth of the Amazon.
Berbice is a region along the Berbice River in Guyana, which was between 1627 and 1792 a colony of the Dutch West India Company and between 1792 and 1815 a colony of the Dutch state. After having been ceded to the United Kingdom of Great Britain and Ireland in the latter year, it was merged with Demerara-Essequibo to form the colony of British Guiana in 1831. It became a county of British Guiana in 1838 till 1958. In 1966, British Guiana gained independence as Guyana and in 1970 it became a republic as the Co-operative Republic of Guyana.
Essequibo was a Dutch colony in the Guianas and later a county on the Essequibo River in the Guiana region on the north coast of South America. It was a colony of the Dutch West India Company between 1616 and 1792 and a colony of the Dutch state from 1792 until 1815. It was merged with Demerara in 1812 by the British who took control. It formally became a British colony in 1815 until Demerara-Essequibo was merged with Berbice to form the colony of British Guiana in 1831. In 1838, it became a county of British Guiana till 1958. In 1966, British Guiana gained independence as Guyana and in 1970 it became a republic as the Co-operative Republic of Guyana. It was located around the lower course of the Essequibo River.
The Guyana–Venezuela territorial dispute is an ongoing territorial dispute between Guyana and Venezuela over the Essequibo region, also known as Esequibo or Guayana Esequiba in Spanish, a 159,500 km2 (61,600 sq mi) area west of the Essequibo River. The territory, excluding the Venezuelan-controlled Ankoko Island, is controlled by Guyana as part of six of its regions, based on the 1899 Paris Arbitral Award. It is also claimed by Venezuela as the Guayana Esequiba State. The boundary dispute was inherited from the colonial powers and has persisted following the independence of Venezuela and Guyana.
Republic Bank Limited is a leading Caribbean financial institution headquartered in Trinidad and Tobago. It has operations in Anguilla, Barbados, the British Virgin Islands, the Cayman Islands, Dominica, Ghana, Grenada, Guyana, St. Kitts and Nevis, Saint Lucia, St. Maarten, St. Vincent and the Grenadines, Suriname and Trinidad and Tobago. It was formerly a division of Barclays Bank in Trinidad and Tobago.
Guyana, officially the Co-operative Republic of Guyana, is a country on the northern coast of South America, part of the historic mainland British West Indies. Guyana is an indigenous word which means "Land of Many Waters". Georgetown is the capital of Guyana and is also the country's largest city. Guyana is bordered by the Atlantic Ocean to the north, Brazil to the south and southwest, Venezuela to the west, and Suriname to the east. With a land area of 214,969 km2 (83,000 sq mi), Guyana is the third-smallest sovereign state by area in mainland South America after Uruguay and Suriname, and is the second-least populous sovereign state in South America after Suriname; it is also one of the least densely populated countries on Earth. It has a wide variety of natural habitats and very high biodiversity. The country also hosts a part of the Amazon rainforest, the largest tropical rainforest in the world.
Guyana was a predecessor to the modern-day Co-operative Republic of Guyana and an independent state that existed between 1966 and 1970.
Indigenous peoples in Guyana, Native Guyanese or Amerindian Guyanese are Guyanese people who are of indigenous ancestry. They comprise approximately 9.16% of Guyana's population. Amerindians are credited with the invention of the canoe, as well as Cassava-based dishes and Guyanese pepperpot, the national dish of Guyana. Amerindian languages have also been incorporated in the lexicon of Guyanese Creole.
Banking in Guyana follows the country's tumultuous economics history, from formal introduction under British rule, the socialist-oriented nationalization of banks at independence, to IMF sponsored open-market initiatives. The banking industry faces increased pressure to meet global standards domestically, as well as attract international investors, and serve the large number of diaspora that remain economically tied to the country.
Guyanese nationality law is regulated by the 1980 Constitution of Guyana, as amended; the Citizenship Act of 1967, and its revisions; and various British Nationality laws. These laws determine who is, or is eligible to be, a national of Guyana. Guyanese nationality is typically obtained either on the principle of jus soli, i.e. by birth in Guyana; or under the rules of jus sanguinis, i.e. by birth abroad to parents with Guyanese nationality. It can also be granted to persons with an affiliation to the country, or to a permanent resident who has lived in the country for a given period of time through naturalisation. There is not currently a program in Guyana for persons to acquire nationality through investment in the country. Nationality establishes one's international identity as a member of a sovereign nation. Though it is not synonymous with citizenship, for rights granted under domestic law for domestic purposes, the United Kingdom, and thus the Commonwealth, have traditionally used the words interchangeably.
References
- ↑ Our History Republic Bank (Guyana) Limited, 2010. Retrieved 9 May 2014. Archived here.
