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Nauru Rehabilitation Corporation
The Nauru Rehabilitation Corporation is a state-owned enterprise established by the Republic of Nauru in May 1999, following the passing of the Nauru Rehabilitation Corporation Act in July 1997. Its primary mission is to rehabilitate land destroyed by the phosphate industry, both before and after its independence, making them once again economically useful to the small island-nation. History Work on the lands began in early 2008 with the help of Australian funding. Australia, during its trusteeship over the island until 1968, had mined and profited from the rich phosphate deposits of the island. Once independent, however, Nauru took Australia to the courts demanding financial reparations for the environmental and agricultural damages caused by the mining operations. The Australian government under Prime Minister Paul Keating agreed to assist Nauru in an out-of-court settlement in the 1990s, signing a treaty to that effect with the then President of Nauru, Bernard Dowiyogo. Th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Coral Pinacles On Nauru2
Corals are marine invertebrates within the class Anthozoa of the phylum Cnidaria. They typically form compact colonies of many identical individual polyps. Coral species include the important reef builders that inhabit tropical oceans and secrete calcium carbonate to form a hard skeleton. A coral "group" is a colony of very many genetically identical polyps. Each polyp is a sac-like animal typically only a few millimeters in diameter and a few centimeters in height. A set of tentacles surround a central mouth opening. Each polyp excretes an exoskeleton near the base. Over many generations, the colony thus creates a skeleton characteristic of the species which can measure up to several meters in size. Individual colonies grow by asexual reproduction of polyps. Corals also breed sexually by spawning: polyps of the same species release gametes simultaneously overnight, often around a full moon. Fertilized eggs form planulae, a mobile early form of the coral polyp which, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
State-owned Enterprise
A state-owned enterprise (SOE) is a Government, government entity which is established or nationalised by the ''national government'' or ''provincial government'' by an executive order or an act of legislation in order to earn Profit (economics), profit for the Government, government, control monopoly of the Private sector, private sector entities, provide products and services to citizens at a lower price and for the achievement of overall financial goals & developmental objectives in a particular country. The national government or provincial government has majority ownership over these ''state owned enterprises''. These ''state owned enterprises'' are also known as public sector undertakings in some countries. Defining characteristics of SOEs are their distinct legal form and possession of Profit (economics), financial goals & developmental objectives (e.g., a state railway company may aim to make transportation more accessible and earn profit for the government), SOEs ar ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nauru
Nauru ( or ; na, Naoero), officially the Republic of Nauru ( na, Repubrikin Naoero) and formerly known as Pleasant Island, is an island country and microstate in Oceania, in the Central Pacific. Its nearest neighbour is Banaba Island in Kiribati, about to the east. It further lies northwest of Tuvalu, northeast of Solomon Islands, east-northeast of Papua New Guinea, southeast of the Federated States of Micronesia and south of the Marshall Islands. With only a area, Nauru is the third-smallest country in the world behind Vatican City and Monaco, making it the smallest republic as well as the smallest island nation. Its population of about 10,000 is the world's second-smallest (not including colonies or overseas territories), after Vatican City. Settled by people from Micronesia circa 1000 BCE, Nauru was annexed and claimed as a colony by the German Empire in the late 19th century. After World War I, Nauru became a League of Nations mandate administered by Austra ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economy Of Nauru
The economy of Nauru is tiny, based on a population in 2019 of only 11,550 people. The economy has historically been based on phosphate mining. With primary phosphate reserves exhausted by the end of the 2010s, Nauru has sought to diversify its sources of income. In 2020, Nauru's main sources of income were the sale of fishing rights in Nauru's territorial waters, and revenue from the Regional Processing Centre (an offshore Australian immigration detention facility). Nauru is dependent on foreign aid, chiefly from Australia, Taiwan and New Zealand. Economic performance In the years after independence in 1968, Nauru possessed the highest GDP per capita in the world due to its rich phosphate deposits. In anticipation of the exhaustion of its phosphate deposits, substantial amounts of the income from phosphates were invested in trust funds aimed to help cushion the transition and provide for Nauru's economic future. However, because of heavy spending from the trust funds, inc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Paul Keating
Paul John Keating (born 18 January 1944) is an Australian former politician and unionist who served as the 24th prime minister of Australia from 1991 to 1996, holding office as the leader of the Australian Labor Party (ALP). He previously served as treasurer of Australia in the Hawke government from 1983 to 1991 and as deputy prime minister of Australia from 1990 to 1991. Keating was born in Sydney and left school at the age of 14. He joined the Labor Party at the same age, serving a term as State President of Young Labor and working as a research assistant for a trade union. He was elected to the Australian House of Representatives at the age of 25, winning the division of Blaxland at the 1969 election. Keating briefly served as Minister for Northern Australia from October to November 1975, in the final weeks of the Whitlam government. After the Dismissal removed Labor from power, he held senior portfolios in the Shadow Cabinets of Gough Whitlam and Bill Hayden. During th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
President Of Nauru
The president of Nauru is elected by Parliament from among its members, and is both the head of state and the head of government of Nauru. Nauru's unicameral Parliament has 19 members, with an electoral term of 3 years. Political parties only play a minor role in Nauru politics, and there have often been periods of instability in the Presidential office. Shifting allegiances among a small number of individuals can lead to frequent changes in the makeup of the government of the day, including the presidential position itself. List of presidents Latest election See also * List of colonial governors of Nauru References {{Heads of state and government of Oceania Politics of Nauru Nauru Presidents President most commonly refers to: *President (corporate title) *President (education), a leader of a college or university *President (government title) President may also refer to: Automobiles * Nissan President, a 1966–2010 Japanese ful ... 1968 establishment ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bernard Dowiyogo
Bernard Annen Auwen Dowiyogo (14 February 1946 – 9 March 2003) was a Nauruan politician who served as President of Nauru on seven separate occasions. During this time, he also served as a Member of Parliament for the constituency of Ubenide. Background and early career Dowiyogo was born in Nauru on 14 February 1946. He first became an elected member of Nauru's 18-seat parliament in 1973. Particularly in his earlier years in the Parliament of Nauru Dowiyogo was seen as an opponent of Nauru's first post-independence President, Hammer DeRoburt. Dowiyogo founded the Nauru Institute of Media and Communications which operated between 1984 and 1996 but due to financial difficulties was closed in 1997. President of Nauru He served his first term as President from 1976 to 1978 after ousting Hammer DeRoburt. Over the next 25 years, Dowiyogo served as President several times, for periods as long as six years (1989–1995) and as short as 8 days (in January 2003). He was the youngest ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nauru Phosphate Corporation
The Nauru Phosphate Corporation (NPC) was a government-owned company controlling phosphate mining in Nauru, now known as the Republic of Nauru Phosphate, or RONPhos. Failed investments In the early years of the Nauru Phosphate Royalties Development Trust, it financed the construction of two of five high-rise luxury condos in Hawaii (on the island of Oahu). The five towers (two completed as of October 2005) are on prime Honolulu real estate with ocean views and represent a benchmark in Honolulu luxury high-rises. Other investments included Nauru House in Melbourne and Hawaiki Tower in Honolulu. These luxury properties were only part of an international real estate portfolio that stretched into countries including Australia, the Philippines, Fiji, Guam, Samoa, the US, New Zealand, and the United Kingdom. Financial mismanagement and extravagant government spending (i.e., investing A$4 million in a London play, '' Leonardo the Musical: A Portrait of Love'', about Leonardo da Vinc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Vinci Clodumar
Vinci Niel Clodumar (born 23 March 1951) is a Nauruan politician and former ambassador of the Republic of Nauru to the United Nations in New York. Career He was Minister of Finance under Bernard Dowiyogo from September 1993 to June 1994. In his address to the General Assembly at the 55th General Debate, Clodumar as the head of the Nauru Delegation criticised the Western European and Others Group, and advocated for the creation of a new Oceania regional group to include both Australia and New Zealand, as well as the ASEAN member countries, Japan, the Republic of Korea South Korea, officially the Republic of Korea (ROK), is a country in East Asia, constituting the southern part of the Korean Peninsula and sharing a land border with North Korea. Its western border is formed by the Yellow Sea, while its east ... and the Pacific island countries. In his speech he mentioned that "the 11 Pacific island countries are drowning in the Asian Group, while Australia and New Zeala ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Freddie Pitcher
Frederick William Pitcher (born 5 February 1967) is a Nauruan political figure. In December 2007, Pitcher was appointed Minister of Finance of Nauru, to serve in the Administration of President Marcus Stephen. Pitcher became the President of Nauru on 10 November 2011, following the resignation of his predecessor, former President Marcus Stephen. He lost a parliamentary vote of confidence and lost the presidency on 15 November 2011 after only 6 days in power. Background and earlier career Educated in Australia, where Pitcher also has many family connections, he was viewed as a young reformist during the preceding Administration of President Ludwig Scotty, and was perceived as close to Kieren Keke, who joined the Stephen Administration as Foreign Minister. Pitcher was elected to the Parliament of Nauru in 2004, and served in the second Administration of President Ludwig Scotty. Finance Minister, 2007 On coming to office, as Minister of Finance, Pitcher inherited the burden of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
David Adeang
David Waiau Adeang (born 24 November 1969) is a Nauruan politician, former Speaker of the Parliament of Nauru, and Nauru's Minister of Finance and Justice, as well as the Minister Assisting the President of Nauru. He is a founding member of the Naoero Amo (Nauru First Party), currently the only successful political party on the island. Background and early career David Adeang's father is Kennan Adeang, who served three times as President of Nauru. David Adeang began his political career as a lawyer. After all Ubenide seats had been vacated on 6 November 2001, Adeang won a seat in the following by-election, ousting Joseph Hiram while the other three previous MPs regained their seats. In the parliamentary elections of May 2003, amidst political and economic turmoil, the Naoero Amo won 3 of the 18 seats, and Adeang was one of the elected members. The Naoero Amo entered a coalition with Ludwig Scotty and his supporters. Scotty became president and Adeang became minister of finance ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
History Of Nauru
The history of human activity in Nauru, an island country in the Pacific Ocean, began roughly 3,000 years ago when clans settled the island. Early history Nauru was settled by Micronesians around 3,000 years ago, and there is evidence of possible Polynesian influence.Nauru Department of Economic Development and Environment. 2003First National Report To the United Nations Convention to Combat Desertification (UNCCD)Retrieved 2006-05-03 Nauruans subsisted on coconut and pandanus fruit, and engaged in aquaculture by catching juvenile ''ibija'' fish, acclimated them to freshwater conditions, and raised them in Buada Lagoon, providing an additional reliable source of food. Traditionally only men were permitted to fish on the reef, and did so from canoes or by using trained man-of-war hawks. There were traditionally 12 clans or tribes on Nauru, which are represented in the 12-pointed star in the nation's flag. Nauruans traced their descent on the female side. The first Eu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
