Poultry farmers battling to survive Myjoyonline.com
In small remote communities of Ghana, poultry farming is everything. It is the mainstay of rural communities, providing the major and -- in some cases -- the only source of income for many inhabitants.But failure of successive governments to come out with clear policies that will create much protection for the local poultry industry has triggered the import surge of frozen chicken from the United States of America (USA) and the European Union (EU).
Worse still, imported chicken is being sold at below the cost of local chicken, and farmers in Ghana simply cannot compete -- resulting in the collapse of dozens of farms and the loss of hundreds of jobs.
Last year alone, the EU, USA and Brazil together exported over 200,000 tonnes of frozen chicken to Ghana, valued at US$200 million.
In 2002, more than 26,000 tonnes of chicken was imported into the country, mostly from the EU where farmers receive generous subsidies for production. In 2005, the figure was estimated
third world debt 2 by JJ, Chris, and Fuad
An interview made to Mario Garza, representative of the IMF, and also Ana Carolina Aguilar, an economist of the IMF. Extra Questions 4) What is ...
7 Major Advance Warnings
As soon as we see the likelihood of major bankruptcies and defaults, we don’t wait around. We warn you immediately.
We know you need time to get your money out of danger. And we also know that financial disasters don’t obey any particular clock.
They can strike suddenly — especially in the stock and bond markets, where investors often start selling in anticipation of the troubles to come.
That’s why we specifically warned our readers about …
• The failure of Bear Stearns 102 days ahead of time (Money and Markets of December 3, 2007) …
• The failure of Lehman Brothers 182 days ahead of time (Money and Markets of . . . → Read More: 7 Major Advance Warnings
third world country and debt relief - News
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