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Economy Of Curaçao
The economy of Curaçao is a high income economy, as defined by the World Bank. The island has a well-developed infrastructure with strong tourism and financial services sectors. Shipping, international trade, oil refining, and other activities related to the port of Willemstad (like the Free Trade Zone) also make a significant contribution to the economy. Curaçao has one of the highest standards of living in the Caribbean, ranking 46th in the world in terms of GDP (PPP) per capita and 28th in the world in terms of nominal GDP per capita. To achieve the government's aim to make its economy more diverse, efforts are being made to attract more foreign investment. This policy, called the 'Open Arms' policy, features a heavy focus on information technology companies. History Early in its history, Curaçao's economy was centered on salt mining from saline-rich ponds located in the eastern part of the island. Up until that time, dating back to the 16th century, settlers (first Span ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Netherlands Antillean Guilder
The Netherlands Antillean guilder ( nl, gulden) is the currency of Curaçao and Sint Maarten, which until 2010 formed the Netherlands Antilles along with Bonaire, Saba, and Sint Eustatius. It is subdivided into 100 ''cents'' (Dutch plural form: ''centen''). On January 1, 2011, in the islands of Bonaire, Saba and Sint Eustatius, the guilder was replaced by the United States dollar. Rijksoverheid.nl Wat is er veranderd sinds de staatkundige herindeling van het Koninkrijk der Nederlanden? On Curaçao and Sint Maarten, the Netherlands Antillean guilder was proposed to be replaced by a new currency, the Caribbean guilder, but this was stalled indefinitely by negotiations over the establishment of a separate central bank for Curaçao. In November 2020, the Central Bank announced the introduction of the replacement guilder, which was planned to be implemented in the first half of 2021; however, implementation was delayed several times. Naming In Papiamentu, the local language of Aru ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Scuba Diving
Scuba diving is a mode of underwater diving whereby divers use breathing equipment that is completely independent of a surface air supply. The name "scuba", an acronym for "Self-Contained Underwater Breathing Apparatus", was coined by Christian J. Lambertsen in a patent submitted in 1952. Scuba divers carry their own source of breathing gas, usually compressed air, affording them greater independence and movement than surface-supplied divers, and more time underwater than free divers. Although the use of compressed air is common, a gas blend with a higher oxygen content, known as enriched air or nitrox, has become popular due to the reduced nitrogen intake during long and/or repetitive dives. Also, breathing gas diluted with helium may be used to reduce the likelihood and effects of nitrogen narcosis during deeper dives. Open circuit scuba systems discharge the breathing gas into the environment as it is exhaled, and consist of one or more diving cylinders containing breat ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dutch Caribbean Securities Exchange
The Dutch Caribbean Securities Exchange (DCSX) is a self-regulatory international Exchange for the listing and trading in domestic and international securities. It is a platform where companies can register for funding and investors can choose companies in which to invest. The DCSX is focused on servicing startups as well as small and medium-sized enterprises. Structure The DCSX Foundation functions as the self-regulatory direct supervisory body that assures that Management of the DCSX adheres to the processes as laid down in the Rules and Regulations. It is also the DSCX Foundation that needs to approve new members to the DCSX. The Board of the DCSX Foundation is composed of representatives of financial institutions and or other organizations whose interest it is that Curaçao has a well-functioning securities exchange. The Board of Directors of the Exchange consists of the CEO, the President of the Board, the Treasurer of the Board and a few Board Members. A Listing Committee is ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Central Banks And Currencies Of The Caribbean
This is a list of the central banks and currencies of the Caribbean. There are a number of currencies serving multiple territories; the most widespread are the East Caribbean dollar (8 countries and territories), the United States dollar (5) and the euro (4). ;Surrounding countries and territories See also * List of banks * Economy of the Caribbean * Currencies of the British West Indies * International status and usage of the euro * List of countries by leading trade partners * List of Latin American and Caribbean countries by GDP growth * List of Latin American and Caribbean countries by GDP (nominal) * List of Latin American and Caribbean countries by GDP (PPP) References {{Caribbean topics Caribbean The Caribbean (, ) ( es, El Caribe; french: la Caraïbe; ht, Karayib; nl, De Caraïben) is a region of the Americas that consists of the Caribbean Sea, its islands (some surrounded by the Caribbean Sea and some bordering both the Caribbean Se ... ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Caribbean Guilder
The Caribbean guilder ( nl, Caribische gulden) is a proposed new currency of Curaçao and Sint Maarten, the Caribbean islands which became "landen" (constituent countries) within the Kingdom of the Netherlands, following the dissolution of the Netherlands Antilles on 10 October 2010. The Caribbean guilder would replace the Antillean guilder at par and be pegged to the U.S. dollar. In November 2020, it was announced that the Caribbean guilder would come into circulation the following year, but it was delayed several times. In 2018 the finance minister of Sint Maarten stated that there were only two years of reserve Antillean Guilder banknotes remaining and that the islands would need to make a decision soon. The islands also considered adopting the U.S. dollar or Euro. Negotiations The Netherlands Antillean guilder continued to circulate after the dissolution of the Netherlands Antilles and plans to implement the Caribbean guilder were not finalized until both countries would ag ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economy Of The Caribbean
The 'Economy of the Caribbean' is varied, but depends heavily on natural resources, agriculture and travel and tourism. Main trading partners Natural resources By international standards, minerals most valuable on the international market are found in Cuba, Jamaica, and Trinidad and Tobago. Several nations of the Caribbean are rich in natural resources; including Trinidad's vast natural gas and oil reserves, Jamaican bauxite and most recently the discovery of a largoil fieldin Guyana. The resources that make significant contributions to domestic economies and regional job sectors include fisheries, agriculture, forestry, mining and oil and gas bauxite, iron, nickel, petroleum and timber, among others. It has been noted by some that the Caribbean's most important resource is its tropical island setting, which has generated an important tourism sector. The attention by regional governments towards economic diversification in the early 1990s is often associated with increased produ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tax Haven
A tax is a compulsory financial charge or some other type of levy imposed on a taxpayer (an individual or legal entity) by a governmental organization in order to fund government spending and various public expenditures (regional, local, or national), and tax compliance refers to policy actions and individual behaviour aimed at ensuring that taxpayers are paying the right amount of tax at the right time and securing the correct tax allowances and tax reliefs. The first known taxation took place in Ancient Egypt around 3000–2800 BC. A failure to pay in a timely manner ( non-compliance), along with evasion of or resistance to taxation, is punishable by law. Taxes consist of direct or indirect taxes and may be paid in money or as its labor equivalent. Most countries have a tax system in place, in order to pay for public, common societal, or agreed national needs and for the functions of government. Some levy a flat percentage rate of taxation on personal annual income, but mo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Central Bank Of Curaçao And Sint Maarten
The Central Bank of Curaçao and Sint Maarten ( nl, Centrale Bank van Curaçao en Sint Maarten, previously the ''Bank of the Netherlands Antilles'') is the central bank for the Netherlands Antillean guilder and administers the monetary policy of Curaçao and Sint Maarten. The bank dates to 1828 making it the oldest surviving central bank in the Americas. Prior to the dissolution of the Netherlands Antilles in October 2010, the bank was responsible for monetary policy throughout the Netherlands Antilles. When the BES islands became subject to the central bank of the Netherlands, its present name was adopted. The bank is expected to replace the Netherlands Antillean guilder with the Caribbean guilder in the coming years. There has been controversy around CBCregarding corruption and nepotism See also * Economy of the Netherlands Antilles * Netherlands Antillean gulden * De Nederlandsche Bank * Central Bank of Aruba * Economy of Curaçao * Dutch Caribbean Securities Exchange * Ce ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Isla Oil Refinery In Willemstad Curacao
Isla or ISLA may refer to: Organizations * International Securities Lending Association, a trade association * International School of Los Angeles * International Bilingual School, later named International School of Los Angeles People * Isla (given name) * Víctor Isla, Peruvian politician and a Congressman representing Loreto for the 2006–2011 term * Mauricio Isla, Chilean football player * Isla Fisher, actress and author Music * ''Isla'' (Portico Quartet album), a 2009 album by Portico Quartet Places *Isla, Queensland, a locality in the Shire of Banana, Australia * Mt. Izla, location of ancient Christian monasteries, on the border between Turkey and Syria * Isla (Cantabria), a village in the Spanish region of Cantabria * River Isla, Perthshire, a tributary of the River Tay in Perthshire, Scotland; flows through Glen Isla and Strathmore * River Isla, Moray a tributary of the River Deveron in North-East Scotland; flows through Keith in Banffshire * Senglea, Isla (S ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Petróleos De Venezuela
Petróleos de Venezuela, S.A. (PDVSA, ) (English: Petroleum of Venezuela) is the Venezuelan state-owned oil and natural gas company. It has activities in exploration, production, refining and exporting oil as well as exploration and production of natural gas. Since its founding on 1 January 1976 with the nationalization of the Venezuelan oil industry, PDVSA has dominated the oil industry of Venezuela, the world's fifth largest oil exporter. Oil reserves in Venezuela are the largest in the world and the state-owned PDVSA provides the government of Venezuela with substantial funding resources. Following the Bolivarian Revolution, PDVSA was mainly used as a vital source of income for the Venezuelan government. Profits were also used to assist the presidency, with funds directed towards allies of the Venezuelan government. With PDVSA focusing on political projects instead of oil production, mechanical and technical statuses deteriorated while employee expertise was removed following ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Royal Dutch Shell
Shell plc is a British multinational oil and gas company headquartered in London, England. Shell is a public limited company with a primary listing on the London Stock Exchange (LSE) and secondary listings on Euronext Amsterdam and the New York Stock Exchange. It is one of the oil and gas "supermajors" and by revenue and profits is consistently one of the largest companies in the world. Measured by both its own emissions, and the emissions of all the fossil fuels it sells, Shell was the ninth-largest corporate producer of greenhouse gas emissions in the period 1988–2015. Shell was formed in 1907 through the merger of Royal Dutch Petroleum Company of the Netherlands and The "Shell" Transport and Trading Company of the United Kingdom. The combined company rapidly became the leading competitor of the American Standard Oil and by 1920 Shell was the largest producer of oil in the world. Shell first entered the chemicals industry in 1929. Shell was one of the " Seven Sisters" whi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Maracaibo Basin
The Maracaibo Basin, also known as Lake Maracaibo natural region, Lake Maracaibo depression or Lake Maracaibo Lowlands, is a foreland basin and one of the eight natural regions of Venezuela, found in the northwestern corner of Venezuela in South America. Covering over 36,657 square km, it is a hydrocarbon-rich region that has produced over 30 billion bbl of oil with an estimated 44 billion bbl yet to be recovered. The basin is characterized by a large shallow tidal estuary, Lake Maracaibo, located near its center. The Maracaibo basin has a complex tectonic history that dates back to the Jurassic period with multiple evolution stages. Despite its complexity, these major tectonic stages are well preserved within its stratigraphy. This makes The Maracaibo basin one of the most valuable basins for reconstructing South America's early tectonic history. Geologic setting The Maracaibo basin is surrounded by two mountain ranges, the Méridas Andes to the southeast and the Sierra de Perij ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
