Economy Of New Caledonia
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Economy Of New Caledonia
New Caledonia is a major source for nickel and contains roughly 10% of the world's known nickel supply. The islands contain about 7,100,000 tonnes of nickel. With the annual production of about 107,000 tonnes in 2009, New Caledonia was the world's fifth largest producer after Russia (266,000), Indonesia (189,000), Canada (181,000) and Australia (167,000). In recent years, the economy has suffered because of depressed international demand for nickel due to the 2007-2008 global financial crisis. Only a negligible amount of the land is suitable for cultivation, and food accounts for about 20% of imports. In addition to nickel, the substantial financial support from France and tourism are keys to the health of the economy. In the 2000s, large additions were made to nickel mining capacity. The Goro Nickel Plant is expected to be one of the largest nickel producing plants on Earth. This plant produces an estimated 20% of the global nickel supply. However, the need to respond to envir ...
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Nickel Mine
A nickel mine is a mine that produces nickel. Some mines produce nickel primarily, while some mines produce nickel as a side-product of some other metal that has a higher concentration in the ore. Geology Nickel occurs in two general types of ores, sulfides and oxides. The most important sulfide ore is pentlandite (Ni9S8) although many other nickel sulfides are known. Furthermore, nickel is often a constituent of iron sulfides such as pyrrhotite. The principal (i.e. economically most important) nickel oxides are nickeliferous limonite ((Fe1−xNix)O(OH)·nH2O). Pentlandite supplies an estimated 65% of the world's nickel but nickel laterites constitute the largest reserves. Extraction Nickel content of its ores is often only a few percent by weight. Sulfide ores are subjected to commutation followed by froth flotation. Pentlandite and related minerals separate with sulfides of copper, cobalt, and iron. Two hydrometallurgical methods have been developed to extract nickel a ...
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Oceania
Oceania (, , ) is a geographical region that includes Australasia, Melanesia, Micronesia, and Polynesia. Spanning the Eastern and Western hemispheres, Oceania is estimated to have a land area of and a population of around 44.5 million as of 2021. When compared with (and sometimes described as being one of) the continents, the region of Oceania is the smallest in land area and the second least populated after Antarctica. Its major population centres are Sydney, Melbourne, Brisbane, Perth, Auckland, Adelaide, Honolulu, and Christchurch. Oceania has a diverse mix of economies from the highly developed and globally competitive financial markets of Australia, French Polynesia, Hawaii, New Caledonia, and New Zealand, which rank high in quality of life and Human Development Index, to the much less developed economies of Kiribati, Papua New Guinea, Tuvalu, Vanuatu, and Western New Guinea, while also including medium-sized economies of Pacific islands such as ...
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Economy Of Saint Barthélemy
An economy is an area of the production, distribution and trade, as well as consumption of goods and services. In general, it is defined as a social domain that emphasize the practices, discourses, and material expressions associated with the production, use, and management of scarce resources'. A given economy is a set of processes that involves its culture, values, education, technological evolution, history, social organization, political structure, legal systems, and natural resources as main factors. These factors give context, content, and set the conditions and parameters in which an economy functions. In other words, the economic domain is a social domain of interrelated human practices and transactions that does not stand alone. Economic agents can be individuals, businesses, organizations, or governments. Economic transactions occur when two groups or parties agree to the value or price of the transacted good or service, commonly expressed in a certain currency. ...
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Economy Of Réunion
The economy of Réunion has traditionally been based on agriculture. Sugarcane has been the primary crop for more than a century, and in some years it accounts for 85% of exports. The government has been pushing the development of a tourist industry to relieve high unemployment, which amounts to more than 40% of the labour force. The gap in Réunion between the well-off and the poor is large and accounts for the persistent social tensions. The outbreak of severe rioting in February 1991 illustrated the seriousness of socio-economic tensions. However, this gap has been closing in the last 15 years. In 2007 the GDP per capita of Réunion at nominal exchange rates, not at PPP, was €17,146 (US$23,501). However, while this is exceptionally high compared with its neighbours in Madagascar and the African continent, it is only 57% of the 30,140 euros per capita GDP of metropolitan France in 2007. The total GDP of the island was US$18.8 billion in 2007. Other export products ...
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Economy Of Mayotte
The economy of Mayotte is based primarily on the agricultural sector, including fishing and livestock raising. The island of Mayotte is not self-sufficient and must import a large portion of its food requirements, mainly from Metropolitan France. The economy and future development of the island are heavily dependent on French financial assistance, an important supplement to GDP. Mayotte's remote location is an obstacle to the development of tourism. References See also * Economy of France in: French Guiana, French Polynesia, Guadeloupe, Martinique, Mayotte, New Caledonia, Réunion, Saint Barthélemy, Saint Martin, Saint Pierre and Miquelon, Wallis and Futuna * Taxation in France * Economic history of France * Poverty in France Poverty in France has fallen by 60% over thirty years. Although it affected 15% of the population in 1970, in 2001 only 6.1% (or 3.7 million people) were below the poverty line (which, according to INSEE's criteria, is half of the me ...
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Economy Of Martinique
The economy of Martinique is mostly based in the services sector. Agriculture accounts for about 6% of Martinique's GDP and the small industrial sector for 11%. Sugar production has declined, with most of the sugarcane now used for the production of rum. Banana exports are increasing, going mostly to France. The bulk of meat, vegetable, and grain requirements must be imported, contributing to a chronic trade deficit that requires large annual transfers of aid from France. Tourism has become more important than agricultural exports as a source of foreign exchange. The majority of the work force is employed in the service sector and in administration. Gross domestic product GDP: real exchange rate - US$9.61 billion (in 2006) GDP - real growth rate: 2.8% (in 2006) GDP - per capita: real exchange rate - US$24,118 (in 2006) GDP - composition by sector: ''agriculture:'' 6% ''industry:'' 11% ''services:'' 83% (1997 est.) Demographics Population below poverty line: NA% Hou ...
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Economy Of Guadeloupe
Guadeloupe (; ; gcf, label=Antillean Creole, Gwadloup, ) is an archipelago and overseas department and region of France in the Caribbean. It consists of six inhabited islands—Basse-Terre, Grande-Terre, Marie-Galante, La Désirade, and the two inhabited Îles des Saintes—as well as many uninhabited islands and outcroppings. It is south of Antigua and Barbuda and Montserrat, north of the Commonwealth of Dominica. The region's capital city is Basse-Terre, located on the southern west coast of Basse-Terre Island; however, the most populous city is Les Abymes and the main centre of business is neighbouring Pointe-à-Pitre, both located on Grande-Terre Island. It had a population of 384,239 in 2019.Populations légales 2019: 971 Guadeloupe
INSEE
Like the other overseas departments, it is a ...
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Economy Of French Polynesia
The economy of French Polynesia is one of a developed country with a service sector accounting for 75%. French Polynesia's GDP per capita is around $22,000, one of the highest in the Pacific region. History Past economy Before French colonisation, the Polynesian islands that constitute nowadays French Polynesia, relied on a subsistence economy. Work was heavily organised and performed by the community as a whole under the direction of the Arii ruling class and the priests. Mountains were terraced for agriculture production, river banks were contained by stone walls, artificial soil was created on atolls in large trenches, and large systems made out of coral stone walls trapped and stocked live fish. Production outputs were divided by the ruling class between the population. After the contact was established with European ships, foreign diseases killed large portions of the populations, and Christian beliefs and clergy produced a huge shift in the culture of those islands. ...
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Economy Of French Guiana
The economy of French Guiana is tied closely to that of mainland France through subsidies and imports. Besides the French space center at Kourou, fishing and forestry are the most important economic activities in French Guiana. The large reserves of tropical hardwoods, not fully exploited, support an expanding sawmill industry which provides saw logs for export. Cultivation of crops is limited to the coastal area, where the population is largely concentrated; rice and manioc are the major crops. French Guiana is heavily dependent on imports of food and energy. Unemployment is a serious problem, particularly among younger workers. Budget: ''revenues:'' $135,5 million ''expenditures:'' $135,5 million, including capital expenditures of $105 million (1996) Electricity - production: 465,2 GWh (2003) Electricity - production by source: ''fossil fuel:'' 100% ''hydro:'' 0% ''nuclear:'' 0% ''other:'' 0% (1998) Electricity - consumption: 432,6 GWh (2003) Electricity - ...
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Papua New Guinea Post-Courier
The ''Papua New Guinea Post-Courier'' is a newspaper based in Konedobu, Port Moresby, Papua New Guinea. It was established on 30 June 1969. Its parent company, The Herald and Weekly Times (later purchased by News Corp Australia), had acquired what had then been the two main newspapers in Papua New Guinea, the three-days-a-week '' South Pacific Post'' and the twice-weekly '' New Guinea Times Courier'', and decided to amalgamate them into one publication. It was the first national daily newspaper in Papua New Guinea. Luke Sela was editor from 1978 to 2000. With a circulation of 41,000, the ''Post-Courier'' is the largest selling Pacific Island newspaper. The paper is majority owned by Rupert Murdoch's News Corp News Corporation, stylized as News Corp, is an American mass media and publishing company headquartered in Midtown Manhattan, New York City. The second incarnation of the original News Corporation, it was formed on June 28, 2013, following a .... The ''Post-Couri ...
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Nouméa
Nouméa () is the capital and largest city of the French special collectivity of New Caledonia and is also the largest francophone city in Oceania. It is situated on a peninsula in the south of New Caledonia's main island, Grande Terre, and is home to the majority of the island's European, Polynesian ( Wallisians, Futunians, Tahitians), Indonesian, and Vietnamese populations, as well as many Melanesians, Ni-Vanuatu and Kanaks who work in one of the South Pacific's most industrialised cities. The city lies on a protected deepwater harbour that serves as the chief port for New Caledonia. At the September 2019 census, there were 182,341 inhabitants in the metropolitan area of Greater Nouméa (), 94,285 of whom lived in the city ( commune) of Nouméa proper. 67.2% of the population of New Caledonia live in Greater Nouméa, which covers the communes of Nouméa, Le Mont-Dore, Dumbéa and Païta. History The first European to establish a settlement in the vicinity was Britis ...
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Metropolitan France
Metropolitan France (french: France métropolitaine or ''la Métropole''), also known as European France (french: Territoire européen de la France) is the area of France which is geographically in Europe. This collective name for the European regions of France is used in everyday life in France but has no administrative meaning. Indeed, the overseas regions have exactly the same administrative status as the metropolitan regions. Metropolitan France comprises mainland France and Corsica, as well as nearby islands in the Atlantic Ocean, the English Channel (french: la Manche), and the Mediterranean Sea. In contrast, overseas France is the collective name for all the French territories outside Europe. Metropolitan and overseas France together form the French Republic. Metropolitan France accounts for 82.0% of the land territory, 3.3% of the exclusive economic zone (EEZ), and 95.9% of the population of the French Republic. Some small parts of France (e.g. Cerdanya) are a part ...
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