Essential Afro-Latino/ Caribbean Current Events
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Guyana to invest $12M in villages founded by freed slaves
By ASSOCIATED PRESS
PUBLISHED: 16:41 GMT, 15 December 2016 | UPDATED: 16:41 GMT, 15 December 2016
GEORGETOWN, Guyana (AP) — The South American country of Guyana is investing $12 million to help revitalize coastal villages founded by freed slaves after emancipation in the 1830s.
Finance Minister Winston Jordan says the money will be used to clear land for crops, improve drainage and irrigation and dig more than 150 kilometers (about 90 miles) of new canals to provide water for farms.
An estimated 35,000 people in towns such as Buxton are expected to benefit.
Government officials have blamed the previous administration of largely ignoring development in the Afro-Guyanese villages. That government was headed by descendants of Indian immigrants.
Jordan said Thursday that most of the money is a loan from the Caribbean Development Fund.
Guyana To Invest $12M In Villages Founded By Freed Slaves
By ASSOCIATED PRESS
PUBLISHED: 16:41 GMT, 15 December 2016 | UPDATED: 16:41 GMT, 15 December 2016
GEORGETOWN, Guyana (AP) — The South American country of Guyana is investing $12 million to help revitalize coastal villages founded by freed slaves after emancipation in the 1830s.
Finance Minister Winston Jordan says the money will be used to clear land for crops, improve drainage and irrigation and dig more than 150 kilometers (about 90 miles) of new canals to provide water for farms.
An estimated 35,000 people in towns such as Buxton are expected to benefit.
Government officials have blamed the previous administration of largely ignoring development in the Afro-Guyanese villages. That government was headed by descendants of Indian immigrants.
Jordan said Thursday that most of the money is a loan from the Caribbean Development Fund.
Guyana To Invest $12M In Villages Founded By Freed Slaves
@Intruder v3.0 now I definietly see why you and other Haitians would rather Haiti be self-sufficient economies like Cuba and not rely on tourism...
What happened?
Jamaica and Bahamas have benefited greatly from tourism and that's good but can't rely solely on tourism. You must produce to export. Haiti, before Jean-Claude was a major exporter of coffee, porc and cacao. Then Jean-Claude did what his father always warned him not to do: deal with Americans.
First they got him to exterminate the country's pig population claiming they were infected. Then they flooded the market with cheap products suffocating the cacao market.
Interesting. Question, if Haiti were to export its gold how much of a potential would that have on its economy?
Positive
But among Haitians we have a serious corruption problem that's bound to torpedo many positive things in the works. Until wet fix that....
360,000 citizens have left T&T
...that's more than one-fifth the population
Source: World Economic Forum
TRINIDAD and Tobago is on a list of nine countries identified as having lost at least one-fifth of its population through emigration, according to a study by the Pew Research Center using 2015 data from the United Nations.
According to the World Economic Forum, an international organisation for public/private cooperation, which reported on the study, 22 per cent of the local population, amounting to 360,000 people live outside of Trinidad and Tobago.
Another Caribbean island made the list. Jamaica has 28 per cent or over one million nationals living in another country.
The countries of choice for emigration are America and the United Kingdom.
The research said that the impact of this is that many who leave from Trinidad and Tobago are among the “highly educated” group.
Emigration can have significant demographic effects on nations, argues the report.
For example, many young adults have left Albania, while emigration is more common among more highly educated groups in Trinidad and Tobago. In some instances, out-migration among particular groups can exacerbate demographic imbalances, such as population ageing, and leave significant skill gaps within these source countries,” stated an article from the World Economic Forum.
The other seven countries with the highest population loss are: Bosnia-Herzegovina with 30 per cent, Albania with 28 per cent, Armenia (25 per cent), Kazakhstan (22 per cent), Syria (22 per cent), Republic of Macedonia (21 per cent) and Portugal (20 per cent).
The research named 10 countries with the most migrants: India, Mexico, Russia, China, Bangladesh, Pakistan, Ukraine, Philippines, Syria and the United Kingdom.
360,000 citizens have left T&T
...that's more than one-fifth the population
- Published on Dec 21, 2016, 12:25 pm AST
- By Sandhya Santoo
Source: World Economic Forum
TRINIDAD and Tobago is on a list of nine countries identified as having lost at least one-fifth of its population through emigration, according to a study by the Pew Research Center using 2015 data from the United Nations.
According to the World Economic Forum, an international organisation for public/private cooperation, which reported on the study, 22 per cent of the local population, amounting to 360,000 people live outside of Trinidad and Tobago.
Another Caribbean island made the list. Jamaica has 28 per cent or over one million nationals living in another country.
The countries of choice for emigration are America and the United Kingdom.
The research said that the impact of this is that many who leave from Trinidad and Tobago are among the “highly educated” group.
Emigration can have significant demographic effects on nations, argues the report.
For example, many young adults have left Albania, while emigration is more common among more highly educated groups in Trinidad and Tobago. In some instances, out-migration among particular groups can exacerbate demographic imbalances, such as population ageing, and leave significant skill gaps within these source countries,” stated an article from the World Economic Forum.
The other seven countries with the highest population loss are: Bosnia-Herzegovina with 30 per cent, Albania with 28 per cent, Armenia (25 per cent), Kazakhstan (22 per cent), Syria (22 per cent), Republic of Macedonia (21 per cent) and Portugal (20 per cent).
The research named 10 countries with the most migrants: India, Mexico, Russia, China, Bangladesh, Pakistan, Ukraine, Philippines, Syria and the United Kingdom.
360,000 citizens have left T&T
I read somewhere that there are more CVs outside CV then in their country360,000 citizens have left T&T
...that's more than one-fifth the population
- Published on Dec 21, 2016, 12:25 pm AST
- By Sandhya Santoo
Source: World Economic Forum
TRINIDAD and Tobago is on a list of nine countries identified as having lost at least one-fifth of its population through emigration, according to a study by the Pew Research Center using 2015 data from the United Nations.
According to the World Economic Forum, an international organisation for public/private cooperation, which reported on the study, 22 per cent of the local population, amounting to 360,000 people live outside of Trinidad and Tobago.
Another Caribbean island made the list. Jamaica has 28 per cent or over one million nationals living in another country.
The countries of choice for emigration are America and the United Kingdom.
The research said that the impact of this is that many who leave from Trinidad and Tobago are among the “highly educated” group.
Emigration can have significant demographic effects on nations, argues the report.
For example, many young adults have left Albania, while emigration is more common among more highly educated groups in Trinidad and Tobago. In some instances, out-migration among particular groups can exacerbate demographic imbalances, such as population ageing, and leave significant skill gaps within these source countries,” stated an article from the World Economic Forum.
The other seven countries with the highest population loss are: Bosnia-Herzegovina with 30 per cent, Albania with 28 per cent, Armenia (25 per cent), Kazakhstan (22 per cent), Syria (22 per cent), Republic of Macedonia (21 per cent) and Portugal (20 per cent).
The research named 10 countries with the most migrants: India, Mexico, Russia, China, Bangladesh, Pakistan, Ukraine, Philippines, Syria and the United Kingdom.
360,000 citizens have left T&T
Ah ok
The Odum of Ala Igbo
Hail Biafra!
wrong post!
Haiti records economic growth of 1.4% in 2016
Wednesday, December 28, 2016 | 9:14 AM
PORT AU PRINCE, Haiti (CMC) — Haiti’s economy grew by more than one per cent in 2016, according to preliminary figures released by the Directorate of Economic Statistics of the Ministry of Finance.
It said the gross domestic product (GDP) grew by 1.4 per cent, well below the target of 3.6 per cent that the authorities had set at the beginning of the fiscal year, October 2015 to September 2016.
The figures show that the agricultural sector, which had plagued the Haitian economy in 2015, was largely responsible for GDP growth in 2016.
According to preliminary estimates based on partial and provisional data provided by the Ministry of Agriculture, the value added at constant prices of the sectors: forestry, livestock and fisheries, increased from HTG 3,131 million gourdes (One Haitian gourde = US$0.014 cents) in 2015 to HTG 3,226 million gourdes in 2016, an increase of three per cent as compared to a 5.4 per cent decline the previous year.
The other sectors that contributed to the growth in 2016 included manufacturing (I.5 per cent) food industries (four per cent) and the papermaking and printing (3.9 per cent).
“From a global demand perspective, growth was driven by a 1.2 per cent increase in consumption and 1.1 per cent in total investment. Consumption was supported in part by the seven per cent increase in diaspora remittances and the 12 per cent increase in the public administration payroll.”
The authorities noted however that public investment has fallen, saying the overall increase in private investment can be attributed to the private sector — 2.2 per cent increase in foreign direct investment and a 17 per cent increase in loans granted to the private sector by the financial system.
The figures show that the local currency also depreciated sharply against the US dollar, from HTG 51.8 gourdes per US dollar in September 2015 to HTG 65.2 gourdes in September 2016, a drop of almost 26 per cent.
“This depreciation of the Haitian currency impacted inflation, which, contrary to the forecast of 6.2 per cent at the beginning of the year, reached 12.5 per cent year-on-year at the end of the fiscal year (September 2016) and 14.2 per cent in November 2016.”
The Directorate of Economic Statistics says the 2017 fiscal year has started badly because of the major natural hazards that hit the country in early October.
“Gains obtained particularly in the crop of spring 2016, was almost cancelled by the passage of Hurricane Matthew in at least four of the 10 departments of the country. This natural disaster has severely decapitated farmers, pastoralists and fishermen. If adequate actions are not taken with a view to appropriate recapitalization, this situation risks undermining the expected 2.2 per cent performance of the Haitian economy in 2017.”
Haiti records economic growth of 1.4% in 2016 - News
Wednesday, December 28, 2016 | 9:14 AM
PORT AU PRINCE, Haiti (CMC) — Haiti’s economy grew by more than one per cent in 2016, according to preliminary figures released by the Directorate of Economic Statistics of the Ministry of Finance.
It said the gross domestic product (GDP) grew by 1.4 per cent, well below the target of 3.6 per cent that the authorities had set at the beginning of the fiscal year, October 2015 to September 2016.
The figures show that the agricultural sector, which had plagued the Haitian economy in 2015, was largely responsible for GDP growth in 2016.
According to preliminary estimates based on partial and provisional data provided by the Ministry of Agriculture, the value added at constant prices of the sectors: forestry, livestock and fisheries, increased from HTG 3,131 million gourdes (One Haitian gourde = US$0.014 cents) in 2015 to HTG 3,226 million gourdes in 2016, an increase of three per cent as compared to a 5.4 per cent decline the previous year.
The other sectors that contributed to the growth in 2016 included manufacturing (I.5 per cent) food industries (four per cent) and the papermaking and printing (3.9 per cent).
“From a global demand perspective, growth was driven by a 1.2 per cent increase in consumption and 1.1 per cent in total investment. Consumption was supported in part by the seven per cent increase in diaspora remittances and the 12 per cent increase in the public administration payroll.”
The authorities noted however that public investment has fallen, saying the overall increase in private investment can be attributed to the private sector — 2.2 per cent increase in foreign direct investment and a 17 per cent increase in loans granted to the private sector by the financial system.
The figures show that the local currency also depreciated sharply against the US dollar, from HTG 51.8 gourdes per US dollar in September 2015 to HTG 65.2 gourdes in September 2016, a drop of almost 26 per cent.
“This depreciation of the Haitian currency impacted inflation, which, contrary to the forecast of 6.2 per cent at the beginning of the year, reached 12.5 per cent year-on-year at the end of the fiscal year (September 2016) and 14.2 per cent in November 2016.”
The Directorate of Economic Statistics says the 2017 fiscal year has started badly because of the major natural hazards that hit the country in early October.
“Gains obtained particularly in the crop of spring 2016, was almost cancelled by the passage of Hurricane Matthew in at least four of the 10 departments of the country. This natural disaster has severely decapitated farmers, pastoralists and fishermen. If adequate actions are not taken with a view to appropriate recapitalization, this situation risks undermining the expected 2.2 per cent performance of the Haitian economy in 2017.”
Haiti records economic growth of 1.4% in 2016 - News
ZoeGod
I’m from Brooklyn a place where stars are born.
My grandpops always talked bitterly how Jean Claude made a deal with the US. He had the black pigs wiped out. My grandpops said having a pig was a gold mine back in the day. Man it is frustrating to see how our leaders over and over again sell out to the West.