After years of economic expansion, the South American nation has begun to sputter. Inflation has become a major concern. Brazil’s stock market index has declined about 23 percent this year, the most of any large country. This month, Standard & Poor’s cut its outlook on Brazil’s credit rating to negative, citing slowing growth and weakening finances.
Brazil, Fortune and Fate Turn on Billionaire - NYTimes.com - 0 views
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Mr. Batista’s conglomerate, as an emblem of the nation’s industrial mettle, ranked among the government priorities now being questioned, receiving more than $4 billion in loans and investments from the national development bank.
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authorities channeled huge resources of the state to projects controlled by tycoons.
This Caribbean island makes 25% of its money selling visas - Nov. 6, 2015 - 0 views
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For the starting price of just $200,000 you can buy citizenship in the Caribbean nation of Antigua and Barbuda.
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Antigua launched its "citizenship by investment program" in 2013, and it has proved so popular that it now accounts for about 25% of government revenue. Some 500 people have already bought their way into the country of just 90,000, according to local media reports.
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Antigua says it is using its windfall to help revive the nation's flagging tourism industry, and to invest in health care and education.
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This article talked about a fairly new way that Antigua and Barbuda was using tourism to their advantage. The nation is now selling citizenship for 200,000 to invest in health care and education. While this seems relatively positive the IMF believes that they should be used in different ways, and that they are "inherently volatile". However it was interesting to me that the selling of citizenships now accounts for 25% of government revenue. This article helped me to understand the economy of Antigua and Barbuda, and showed a positive way that they were using their tourism.
Desolenator churns out clean drinking water using solar power - 0 views
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Another solution to the water problem in Antigua and Barbuda is using heat. The Delsolinator is a machine that creates fresh water from salt water and it seems very simple. You have a photovoltaic panel on top surrounded by materials that will make it hotter. The heat from this heats up the water inside and then the electricity from it heats the water to boiling point which then separates the clean drinkable water. This method seems very simple and claims to be the cheapest. Not only should Antigua also look into this process, it is a good thing to know for local people in Antigua. They can boil the water out of salt water at home. Daniel Lin
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Scientists are turning salt water into drinking water using solar power - ScienceAlert - 1 views
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We all know that water is Antigua's first priority. As they run out of fresh water, their economy is dropping. They have been using reverse osmosis as a way to create fresh water, but that is a very costly method. This source states that they have a method of desalinating water that works well, cost efficient, good for the environment, and energy efficient. They use solar panels to charge a battery that powers a machine that removes salt. The machine pulls the salt ions out of the water and fresh water is left coming out. They say that this method wastes less water and the machine lasts longer and requires less maintenance. This method is something that Antigua should look into to help their water crisis. - Daniel Lin
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Allen Stanford: Descent from Billionaire to Inmate # 35017-183 - 1 views
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Right now Antigua is already facing many problems, but one that really hit the news was the Stanford Scandal. Allen Stanford gained his wealth by tricking and lying to people starting from Antigua. After his business failed, he decided to try banking in Antigua. He started with the rich people from Antigua worried about the government and sold fake CD's aka certificate of deposits. He slowly moved his business into America and was caught. The Securities and Exchange Commission did not report their suspicions when they were supposed to which cause people to loose their life earnings. The victims are happy that at least he has gotten a life sentence in prison and they are still working on returning the money stolen. This shows how bad the government in Antigua is. How could they let this slip through this affect so many of their citizens? Daniel Lin
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Antigua and Barbuda - 1 views
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Antigua and Barbuda is a diplomatic government with laws, but sometimes those laws are not followed well. Some problems are excessive force by police, bad prison conditions, sexual abuse of children, and discrimination and violence against women. There are been reports of police brutality, corruption, and discrimination against gay people. Prisoners are treated poorly by prison guards and children are held in the same prison as adults. There are not a lot of women in the government. There are 1/17 in the House of Representatives, 2/17 in the Senate and none in the cabinet. There are also no minority members in parliament or cabinet. On the bright side, both speaker of the House and president of the Senate are women. Another problem is the violence and abuse towards women. Since women do not testify against their harassers, the government has had trouble addressing this issue however they have been trying to increase women's awareness of their rights and providing a safe place for women and children. - Daniel Lin
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Part Two The few schools that the government provided often has shortages and the parents often provide the chairs, tables, and books. There is a huge problem with child abuse like rape and men having sexual relationships with young girls. Contrary to other sources, this one states,"girls and boys have equal access to health care and other public services." They also state that there are no reports of discrimination against people with disabilities considering that there is not a law that prohibits discrimination against the handicapped. - Daniel Lin
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Children of Antigua and Barbuda | Humanium - Together for Children's Rights - 1 views
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There is a huge problem concerning children's rights in Antigua and Barbuda. First of all, the country does not have enough schools and the ones there are are overcrowded. Higher education schools usually require a fee AND and entrance exam. This means that if you have no money or could not go to school, higher education is basically impossible. Third, the law system there is troubling. Eight year olds can get the same penalties as adults in court and any person under the age of eighteen can be imprisoned in the same jails as adults for life for a murder. Fourth, there is a problem of discrimination in this country. Girls, children born out of non- married parents, people in poverty, and the handicapped children face great discrimination. - Daniel Lin
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The United Nations has thus been advising Antigua and Barbuda since 2004 to put an end to laws that authorize any form of violence against children.
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Even though a number of steps have been taken, like providing free schoolbooks and uniforms, access to education remains very unequal in Antigua and Barbuda.
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The Worst Drought on Record for Antigua | Dale Destin - Antigua Met Service - 1 views
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This drought has lasted for thirty two months and and still counting. 2015 is also the driest month ever since the 1870's. The past two months have also been the driest, but 2015 was the driest. It seems like each year Antigua's becomes more and more of a problem. Surface water accounts for 30 percent of their water and it has run out twice already. This drought was caused by dry and dusty air layer from Africa, high pressure from the North Atlantic Ocean, and the Sea Surface Temperature index. -Daniel Lin
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Antigua and Barbuda Facts, information, pictures | Encyclopedia.com articles about Anti... - 3 views
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Antigua's little existing water supply left is threatened by pollution from liquor manufactures, food processing facilities and other industrial facilities. One reason why the water escapes so quickly is because of all the soil erosion from deforestation and agricultural development. This has also causes threat to two bird species, five reptile species, eleven fish species, and four plant species. Not only is the water crisis hurting the natives, but also the economy. Since Antigua is a tourist country, the lack of water decreased the amount of tourists, which decreased the GDP. -Daniel Lin
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No end in sight to A&B's water crisis | Antigua Observer Newspaper - 3 views
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Now fast forward to 2015, they say that there is not enough rain water. The main water source is only thirty three percent full which can sustain only 2-3 months of water supply. Now the APUA(Antigua Public Utilities Authority) has moved into desalination of water. Desalination of water is making salt water fresh which seems like a great idea, but is very expensive. The country is already relying on this process for seventy percent of their water and they may have to start fully relying on this process soon. - Daniel Lin
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Antigua's Water Crisis | Dale Destin - Antigua Met Service - 2 views
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Antigua is running out of water and we do not know why. In 2013 the water stopped and the Antigua Public Utilities Authority blamed id on a water plant. They then changed this to running out of water because of a drought. Studies show that there is enough rainfall to support Antigua, but we do not know why a drought is happening. This largely affects the Antiguan economy because it runs on its fresh water supplies. - Daniel Lin
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Nicaragua Economy: Population, GDP, Inflation, Business, Trade, FDI, Corruption - 5 views
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Anti–free market policies
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populism
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Mostly Unfree
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