Word: exporter
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...company's initial geology studies suggested that tanzanite could be mined more efficiently to increase supplies, but market conditions were challenging. Tanzanite prices fluctuated wildly, and small exporters regularly undervalued their rough stones and smuggled them across the border to Kenya to dodge export taxes. Safety was lacking?more than 100 miners were killed when tunnels flooded in 1998?and the locals were hostile to the arrival of a well-financed competitor. Finally, although Americans made 70% of all tanzanite purchases, it turned out to be a niche business, heavy on souvenir trinkets offered on Caribbean cruises. Most Americans...
...foreign oil companies will be allowed to cut long-term exploration and development deals with the government for 20 years, renewable for a further five years. Companies willing to operate in a country with high physical risks - insurgents regularly blow up pipelines and kill contractors - will be allowed to export their oil after paying the government a minimum 12.5% royalty, although there are usually also cash signing bonuses to the government, and most "profit oil," extracted after operating costs are met, would likely go to Baghdad. Regional governments - only Kurdistan has one right now - can sign their own contracts under...
...Nkrumah's policies came at a high price. Industrialization cost millions and the government neglected cocoa, Ghana's traditional export crop, which brought in most of the foreign exchange. As Ghana's economy began to fall apart, Nkrumah seemed more interested in pan-Africanism than the minutiae of government. He became isolated, paranoid and dictatorial. In 1964, in a move that would be repeated by other African leaders in the decades to come, Nkrumah declared Ghana a one-party state and himself leader for life. The early optimism was gone, replaced by a deep sense of disappointment and lost opportunity...
...Philippine government counters that the new licensing rules will allow Manila to more closely monitor the domestics they export and therefore protect them from abuse. Says Rosalinda Baldoz, administrator of the Philippine Overseas Employment Administration, "We are tired of hearing stories of Filipino maids being attacked in the face with a hot flat iron by her employer." Across Asia, rampant reports of imported workers suffering inhumane treatment include inadequate wages, verbal and physical assault, even rape. Last month, leaders of the Association of South-East Asian Nations, meeting in the Philippines, also took similar steps to regulate...
...events in question followed mass protests by poor and indigenous Bolivians against Sanchez de Lozada's plan to export natural gas to the United States via Chile. By October 11, 2003, La Paz was suffering from a fuel shortage because of the blockades in the impoverished highland city of El Alto. On that day, Sanchez de Lozada issued Supreme Decree #27209 which sent the military to escort gas trucks to La Paz. The following week, according to witnesses, the military fired indiscriminately and without warning in El Alto neighborhoods...