I jumped in the water. And that is how I said good-bye to Kauai. What were you expecting, pictures? No way! Just use your imagination. Monday, October 08, Up, Up, and Away. To celebrate my last weekend on the beautiful island of Kauai I went with a group of friends for a helicopter ride over the island. Then I thought about it and decided I was a complete ass for even thinking about not partaking. I dug deep inside myself for an ounce of courage and made my way to the helicopter landing.
My group was the first to go. As we edged forward to the big metal bird that I was about to entrust my life I just accepted my fate and silently prayed that nothing would go wrong. I buckled up. The propeller started spinning round. I closed my eyes. Up, up, and away we went… Beautiful. Absolutely beautiful. Saturday, September 22, Bonfire of the Soul.
Aloha from Kapaa, Kauai. What was supposed to be a couple of weeks work for me has turned into a couple of months. There truly is something magical about this island. Kauai is certainly the opposite, and surprisingly I feel like I belong here. A few natives told me the island either embraces you or rejects you.
It seems to be embracing me with an incredible hug. Last weekend the producers hosted a party for the cast and crew; lots of food, drink, music, and fun. Afterwards a group of us went across the road to the Pacific Ocean and built a bonfire on the beach. Here are two pictures of me. The first one I look like a mirage, a ghost, a massive ball of energy.
In the second picture I was so close to the fire I could feel myself ready to ignite, and it felt good. I love the raw power of fire, the way the flames dance against the sky, and the way it brings everyone together.
Tuesday, September 11, Proms, Drama, and Bowling. The other night I was lying in bed catching up on past issues of The New Yorker when I ran across a new word. Who will be king? Who will be queen? Where will we party afterwards? Will I get laid? I wonder what the statistic is for prom night pregnancies? In my opinion prom is the most over-rated night of the high school years, and all the worry and preparation is a total waste of energy.
Weeks of foreplay and planning ended with a cold shower and a hangover. And the prom band sucked. Years ago a friend and her date anticipated their prom as the most important high school night. They planned and planned and made sure they color coordinated his tux with her taffeta gown. Oh it was going to be perfect. He brought her a rose corsage and she pinned a matching rose on his lapel.
Anticipation was in the air. When they got to the prom they were so damn bored they decided to leave. In gown and tuxedo. I often wish I went with Carrie to my prom. As I look back on my own prom and the prama and the total letdown it turned out to be, I should've gone bowling instead. I never seem to tire of it, and it remains one of my most frequent spins.
I never knew it existed, and wow is all I can say. Bowie and Faithfull are two of my favorite performers and they take the song on a surreal journey into a truly odd artistic coupling. Are you intrigued? I bet you are. So take a look and spend the next with two of rock's most outrageously gifted artists. Either you'll love it or hate it. I love it. I have always been in infatuated with office supplies. There were assorted pens and pencils, pads of paper numerous sizes , calendars, white out, tape, paperclips, rubber bands, binder clips, and the list goes on and on and on.
When the going got tough at work I would always take solace in the latest Office Supply Catalogue. It was calming, cathartic. And since the company was paying I would order myself something special, maybe a new desk lamp or a P-touch label maker or a leather bound binder. But over the past year my yearning for office supplies began to wane. I was saturated with everything needed for a successful office. Office supply foreplay was virtually non-existent, dwindling to a quick glance and little joy.
Then suddenly something wonderful happened. On my first day in the production office in Hawaii I was looking at the stagnant supply of common office supplies when a bright red shiny item caught my eye. My heart beat faster and the blood started pumping.
There within reach was a red Swingline stapler. I reached out and caressed its smooth sleekness and knew that something wonderful was happening.
Tuesday, August 21, 13, is a Big Number. This morning I was perusing the numerous news sites I've bookmarked trying my best to stay in tune and informed. And just as I was about to click over to boxofficemojo. It took on a gargantuan proportion. Something about it hit me hard, and I began to think.
Of the 13, how many were children? How many were pregnant women? How many were innocent people who were simply in the wrong place at the wrong time?
How many of the inebriated fools walked away from the accident without a scratch? Did the drunken survivors go to prison or did they get off with community service? The very first time I ever came face-to-face with an alcohol related death was when I was in junior high school. I remember it clearly. It was a sunny Saturday afternoon when my social studies teacher, his wife, mother-in-law, and newborn son were innocently driving along and hit head on by a drunk driver.
The only survivors were the newborn child… and the drunken man who hit them. The drunk walked away from the accident with barely a bruise. What will it take to make people think before they drink too much and drive? I wish I did. I need to read more David Sedaris. Hurricane Flossie was a dud.
The weather alert about a tsunami hitting Kauai was all hype and no action. I got all excited for nothing. Rove is leaving the White House. Miracles do happen. I just learned that when there are a lot of frogs leaping and frolicking it means the ecosystem is in balance.
Kauai has thousands of frogs. Now what is it they say about kissing a frog? I have a lot of respect for my friend Eve. Green has replaced blue as my favorite color. I am, though sometimes I prefer measuring in centimeters rather than inches. I wonder why? Honu is Hawaiian for turtle. Turtles can live up to 2, years. In the production office where I work they call me Honu.
Who Knew? Disco might be shallow and superficial, but it sure makes me smile. Does that make me shallow and superficial? As we get older hair grows in places we never thought possible.
Thank goodness for razors and Nair. Stop slamming the door! Saturday, August 04, Greetings From Kapaa. She asked me how I looked in a grass skirt. There are roosters roaming freely all over the place. They start cock-a-doodle-doing around in the morning. The other morning while walking to work I encountered seven roosters. I have admired her and her songs for a long time. Now that would be a hoot! I headed over to the festival Saturday evening full of anticipation, especially for the fireworks display.
The area surrounding the lake was packed with people from all walks of life; families, friends, the old, the young, representing all nationalities. It was truly a melting pot of people, and everyone was getting along nicely and having a great time. There were booths selling food and crafts, and booths promoting community organizations. Additionally there were bands performing live, both modern and ethnic music.
It was a great atmosphere under the star filled night. While wandering through the booths I was surprised to see booths selling birds. Yep, wonderfully colored birds, both small and large. This booth seemed to be attracting a large crowd of onlookers. I refrained from succumbing to bird temptation and quickly moved on.
There was another booth selling goldfish. And yes, a lot of people were walking around with plastic bags filled with water and fish. Fighting broke out in Luanda in October and more than 1, were killed in a week. In , it was estimated that 1, were dying every day in the fighting.
On 20 November , the Lusaka Protocol was signed, promising a new, if tenuous, era of peace in Angola. The third peace effort between the opposing groups, it was the first to guarantee a share of power to UNITA and the first to be supported by over 6, armed UN peacekeepers. Demobilizations of fighters were suspended and renewed as new offensives broke out and were halted.
In , the international community imposed sanctions against UNITA, though several governments have violated them, including African countries serving as arms transshipment points. By July , all sides at war had signed the Lusaka Accords leading to an eventual withdrawal of most foreign troops by In Angola, full-scale war resumed as the government launched offensives in December , and again in March In February , the UN Security Council voted to end its peacekeeping operations after Secretary-General Kofi Annan declared there was no longer any hope of carrying out the Lusaka peace agreement.
The following month, Human Rights Watch released a page report detailing how the UN deliberately overlooked evidence showing rearmament and retraining of soldiers by both sides in breach of the accords. In February , prospects for peace changed dramatically when the army announced that it had killed Savimbi in an attack in southeastern Angola. As disarmament, demobilization and reintegration of the armed forces, the repatriation of refugees, and the arduous task of rebuilding the country got underway, dos Santos said he would not seek reelection in the elections scheduled for late — early However, his departure depended on a successor who could be trusted not to prosecute him for human rights abuses and large-scale diversion of state funds.
He may choose a hardliner to succeed him, who will permit dos Santos to run a shadow government. Yet another option for dos Santos would be to remain in power — for one extra term, or for as long as possible. To seek either option, he could cite difficulties arising from Angola's tortuous postwar reconstruction, the demilitarization of society, and the integration of former militias into the national army.
The next elections were scheduled for September The constitution of , amended in and , was promulgated and revised by the MPLA. The president of the republic is both chief of state and head of government. He appoints and leads the council of ministers.
In , a member National People's Assembly, indirectly elected, replaced the Council of the Revolution as the supreme organ of the state. In January , the Assembly was enlarged to members, and later reduced to In , there were members elected by proportional vote to four-year terms. UNITA held six cabinet posts, and four other parties were also represented. UNITA members would also occupy a number of deputy ministerial, governor, deputy governor, and ambassadorial posts. The resumption of war in all but doomed this arrangement, and rendered the National Assembly nominally functional.
In reality, it had little independence and did not have oversight over presidential appointments or the ability to initiate legislation.
In , dos Santos abolished the post of prime minister , vesting these powers in the director of his own office. He also created a parallel ministry of defense within the presidency. In December , Fernando da Piedade Dias dos Santos Nando was appointed prime minister , though the position had very little real power. Elections were slated for , but they were likely to be constrained by the poor state of roads and railways.
A postponement was likely to allow more progress on the clearing of land mines, infrastructure development, and the return and resettlement of refugees. Until , the Portuguese suppressed movements and political parties that stood for self-determination and independence. Some 18 parties and 11 presidential candidates contested the elections. Though international observers considered the elections reasonably free and fair, Savimbi repudiated the results and refused to participate in a second round.
They continue to wage a low-level armed struggle for the independence of oil-rich Cabinda province. Opposition parties are extremely weak and fractured, many with little apparent influence in the National Assembly. Such arrangements could well strengthen the ruling party's hands vis-a-vis small splinter groups; but they could also create opportunities for new opposition parties to spring up and find their feet.
New elections were expected in September Angola consists of 18 provinces. Cabinda is separated from the others. The provinces are divided into districts and communes. Provincial legislatures consisting of 55 — 85 members were created in In , these legislatures were expanded up to members each. The civil war severely disrupted the performance of local government , and for many years, severed ties between Luanda and the outlying provinces.
The legal system is based on Portuguese civil law system and customary law, recently modified to accommodate political pluralism and increased use of free markets. Prior to independence, Portuguese civil and military law was applied by municipal courts, labor courts, ordinary courts, and administrative tribunals; final appeal was to the Metropolitan High Court in Lisbon.
A law declared that people's courts with working class representatives would be courts of first instance. It also made provisions for criminal, police, and labor courts with lay judges whose voices would be equal to those of professional judges.
The judicial system includes municipal and provincial courts at the trial level and a Supreme Court at the appellate level. Municipal court judges are usually laymen. In theory, the Ministry of Justice administers provincial courts located in each of the 18 provincial capitals. The Supreme Court nominates provincial court judges.
The judge of the provincial court, along with two laymen, acts as a jury. In , the constitution was amended to guarantee an independent judiciary. In practice, however, the president appoints the 16 Supreme Court judges for life upon recommendation of an association of magistrates, and he appoints the attorney general. Confirmation by the General Assembly is not required. Several issues confront the legal system.
Many of the seats on the Supreme Court remain vacant, and a Constitutional Court , authorized by law in , has not yet been established.
In addition, the courts were crippled by the war and are perceived as ineffective and untrustworthy by the few who have access to it. The system lacks the resources and independence to play an effective role and the legal framework is obsolete.
Much of the criminal and commercial code reflects the colonial era with modifications from the Marxist era. In , FAPLA had a total of 90, active personnel of which the Army had , members, whose major equipment included over main battle tanks, reconnaissance vehicles, over armored infantry fighting vehicles, armored personnel carriers and more than 1, artillery pieces. It is one of 14 countries in the SADC.
Angola is part of the Nonaligned Movement. Angola is a potentially rich country of abundant natural resources, a surplus-producing agricultural sector, and a sizable manufacturing potential.
This promise has remained unfulfilled due to the effects of the war for independence and a year-long civil war that only ended in April when the army signed a peace agreement with the UNITA rebels.
With the end of the war Angola has began to score astounding economic growth rates. In Angola's GDP grew by This growth is expected to continue with heavy flow of foreign direct investments into the oil and mining sectors.
Having both temperate and tropical zones, Angola had the potential for producing a wide variety of agricultural products. Prior to the outbreak of hostilities, Angola produced major surpluses of coffee, sisal, cotton, and maize.
Cassava was the staple food crop and the leader, though consumed almost entirely domestically, in terms of volume of agricultural output. The civil war resulted in famine conditions in many parts of Angola, especially during the s. Although the civil war ended in , farmers have been reluctant to return to their farms, and the country is littered with land mines. As such, food must be imported.
Petroleum production and diamond mining have led Angola's industrial sector. Economists estimated that Angola's alluvial reserves of diamonds totaled between 40 and million carats. In addition, there were untapped diamond reserves in volcanic pipes called kimberlites. Angola's six known kimberlite pipes, among the ten largest on earth, held an estimated million carats worth several billion dollars. Producing around , barrels a day in , up from , barrels a day in , Angola was the second-largest oil producer in sub-Saharan Africa.
Known recoverable reserves were estimated to total several billion barrels, but Angola was not a member of OPEC at the time. In , Angola was one of three countries to receive the largest amount of global and US foreign investment to the sub-Saharan region the other two were Nigeria and South Africa.
The IMF was critical of the government's economic policy on a number of aspects, such as persistent opacity and uncertainty in the government's accounts, lack of progress on structural reforms, failure to implement policies to deal with systematically with poverty, and corruption in the management of oil revenues. The IMF recommended a slate of reforms, such as increasing foreign exchange reserves and encouraging a more transparent accounting of government spending.
In the IMF gave some credit to the government's handling of the economy, particularly the sustained progress in lowering inflation and improved transparency in government financial accounting. The CIA defines GDP as the value of all final goods and services produced within a nation in a given year and computed on the basis of purchasing power parity PPP rather than value as measured on the basis of the rate of exchange based on current dollars.
The annual growth rate of GDP was estimated at Household consumption includes expenditures of individuals, households, and nongovernmental organizations on goods and services, excluding purchases of dwellings.
It was estimated that for the period to household consumption grew at an average annual rate of In , the Angolan workforce was estimated at 5. More recent employment figures are not currently available. In , it was estimated that more than half of the population was unemployed or underemployed.
The constitution recognizes the right for Angolans to form unions, bargain collectively, and to strike. However, these rights are not respected in practice.
While strikes are permitted by law, lockouts and the occupation of places of employment by workers are prohibited.
Non-striking workers are also protected under the law. Armed forces personnel, firefighters, prison workers and police are prohibited from striking. Compulsory labor by children is also prohibited.
The government has established a hour workweek, along with minimum health and safety standards, including 26 hours of rest per week. However, inadequate resources have prevented the government from enforcing these standards. The minimum working age is 14, but the government has been unable to enforce this standard.
Agriculture has long been the backbone of the Angolan economy. Even though an abundance of arable land is available, only about 2. Diverse climatic conditions favor a wide variety of crops, and there is also considerable irrigation potential.
Coffee, primarily of the robust variety, at one time made Angola the world's fourth-largest producer, but during the civil war almost all the main plantations were abandoned, and crop disease set in. Moreover, the widespread use of landmines has discouraged farmers from venturing into their fields. Marketed cash crops in included 1, tons of coffee down from , tons in , 4, tons of cotton 48, in , and tons of sisal. The principal food crops are cassava, with an estimated 5,, tons in , corn, , tons, and sweet potatoes, , tons.
Other estimated yields included bananas, , tons; citrus fruits , 78, tons; millet, 96, tons; dry beans, 66, tons; potatoes, 27, tons; sugar cane, , tons; rice, 16, tons; and peanuts in shell , 30, tons.
Lack of a pastoral tradition among northern Angolans, abundance of the tsetse fly in many regions, and the poor quality of natural pastures are some of the factors most frequently cited to explain the lag in animal husbandry in Portuguese Angola.
What little there was of the livestock industry was virtually destroyed in the — 76 civil war. Estimated livestock in included cattle, 4,, head; goats, 2,,; hogs, ,; and sheep, , There were 6. Livestock products included an estimated 85, tons of beef and veal and , tons of milk in Honey production totaled 23, tons in from 1.
Fresh fish, fishmeal, dried fish, and fish oil are produced for the domestic market and for export. During — 76, some of the processing plants were destroyed, and most of the modern fishing boats departed with refugees. Some of the Spanish, Japanese, and Italian vessels fishing under license also pay in kind.
About Angola's large timber resources include the great Maiombe tropical rain forest in Cabinda. In addition, eucalyptus, pine, and cypress plantations cover , hectares , acres. In , roundwood production was estimated at 4,, cu m, and exports amounted to 1, cu m. Diamonds are an important source of revenues to Angola, and are only second to petroleum. Official reported diamond production in was 5 million carats, up from 5.
However, that total does not include smuggled production. Reserves in the Catoca kimberlite were estimated to be at Brazil , and the Leviev Group Israel. Large iron ore deposits have been discovered in many areas. The deposits at Kassinga, with an estimated reserve of one billion tons of high-grade hematite iron ore, annually yielded millions of tons of ore exports before the civil war halted mining in Ferrangol, the state iron ore mining company, produced a slight quantity of ore in ; it has shown no output since.
The mines in Lunda Norte and Lunda Sul provinces, previously controlled by UNITA rebel forces, were opened to foreign companies for exploration and development in , and an Endiama-De Beers venture announced the discovery of 17 new kimberlites there in SDM, an Endiama-Australian-Odebrecht venture formed in to mine alluvial diamonds in the Cuango River Valley, near Luzamba, produced , carats of high-quality diamonds in and , carats in Other such ventures saw their operations frequently suspended because of security problems.
A feasibility study of the proposed Camafuca kimberlite estimated Salt production has remained steady at an estimated 30, metric tons annually from through Clay, granite, marble, and crushed stone were also reportedly mined throughout the country. The country is also rich in nickel, platinum-group metals, magnetite, copper, phosphates, gypsum, uranium, gold, asphalt, and feldspar, but areas have been off-limits to exploration during the civil war.
Angola has extensive hydroelectric power resources that far exceed its present needs. Two dams on the Catumbela River produce power for the Lobito and Benguela areas. Matala Dam in southern Cunene provides power to Lubango and Namibe. A 52 million kW hydroelectric station on the Cuanza River at Kapanda was tentatively scheduled to have begun production in early In , electricity generation was 1.
In the same year, consumption of electricity totaled 1. Total capacity in was 0. As of end , Angola had proven oil reserves of 8. Oil reserves are along the Atlantic coast, mostly offshore Cabinda and the northern border area between Quinzau and Soyo. In , several oil companies were engaged in production, of which the largest was a subsidiary of Chevron, Cabinda Gulf Oil Company. In , crude oil production averaged , barrels per day.
ExxonMobil subsidiary Esso began development of a section of the Xikomba offshore oilfield in August Development was planned for a new , barrel per day refinery in the city of Lobito, on the coast. Gross natural gas production totaled Total natural gas reserves were estimated at 45 billion cu m 1. Domestic demand for refined petroleum products is expected to increase as the economy gradually rebuilds following the end of the civil war.
Production was slated to begin in In its pre prime, the Angolan industrial sector centered on petroleum refining and machinery, construction inputs, food processing, electrical products, chemicals, steel, and vehicle assembly. As a consequence of the civil war, Angola's industrial sector started operating at a fraction of prewar levels. Industrial production during the s included food processing and the production of textiles, soap, shoes, matches, paint, plastic bottles, and glues.
In , industrial production also included 9, tons of crude steel, , tons of cement, and 9 million barrels of refined petroleum products. Angola is now an importer of machinery, vehicles, and spare parts. Angola is the second-largest oil producer in sub-Saharan Africa, behind Nigeria. Sonangol is the state-owned oil company, which controls exploration and production, although foreign companies participate in joint ventures and production sharing agreements. Oil production was expected to surpass 1 million barrels per day in but this target had not been achieved by However, with the coming online of new oil drilling platforms such as the Kizomba B platform owned by ExxonMobil and the Dalia platform owned by Total, the 1 million barrels per day should be surpassed in It is expected that by Angola will be producing 2 million barrels per day.
Angola has one oil refinery in Luanda, with a crude oil processing capacity of 39, barrels per day, but is planning to build a ,barrels per day refinery in Lobito. Many of these investments, such as ExxonMobil's Kizomba B have already begun to produce oil. The diamond mining industry also plays an important role in Angola's economy, but during the year-old civil war, many of the gemstones had been sold on the black market and were referred to as "conflict diamonds" because the parties in the civil war used the sale of them to fund their military campaigns.
Since the civil war ended in , Angola began to restructure its diamond sector. The government in ended the four-year-old monopoly of the state-controlled diamond marketing company, Ascorp, which was controlled by the state diamond company Endiama. Ascorp now competes with other private companies to buy diamonds from miners and small producers.
The government also planned to build a new diamond cutting factory, to create an industry of diamond cutting in Angola. The report said that diamond licenses had been granted in , often through nontransparent processes, of which nine were already operational, around ten were in the process of starting up and the remainder were vacant and were steadily being recolonised by garimpeiros artisanal miners. Security considerations and a severe shortage of skilled personnel have limited Angola's development of its extensive mineral reserves and abundant fertile land.
The University Agostinho Neto founded in has faculties of sciences, agriculture, medicine, and engineering, and the National Center of Scientific Investigation.
Practically all domestic trade was in Portuguese hands before independence, when state people's stores and consumer cooperatives were established in the cities. Over half of Angolan consumer goods were still imported from Portugal in The Angolan domestic economy faced sporadic fighting during the late s despite the peace accord, inhibiting domestic commerce. The rural population was displaced — first by the war for independence that started in , and then by the civil war that started after independence was gained in — and has not been able to fully return to agricultural production.
Imports were strictly controlled due to a lack of foreign exchange , and barter was common. Diamonds and other precious and semiprecious stones are the second-largest export, and shellfish exports follow.
A small amount of natural and manufactured gas is also exported from Angola. Since then China has entered the picture as a second major trading partner for Angola.
Oil exports produced substantial trade surpluses during the late s and early s. Despite this positive cash flow, Angola in began to request lines of credit in order to finance its reconstruction projects. By the government's economic policies encouraged neither private investment or non-oil exports.
Furthermore, poor monetary policy created price distortions, which exacerbated a trade deficit and rapidly diminished agricultural exports. The results of the end of the year-old civil war in on trade had yet to be assessed as of With high prices of crude oil, the Economist Intelligence Unit predicts sustained trade surpluses in the near future. In , this bank transferred its commercial accounts to the Caixa de Credito Agro-Pecuaria e Pescas CAP in order to function more as a regulatory organization for other state-owned banks.
CAP, established in , was owned by the Ministry of Finance and used to finance government activities. It has had liquidity problems in recent years, making it unable to clear checks at times, so some businesses refuse to accept CAP checks. The opening in mid-November of the Banco Africano de Investimento BAI was Angola's first private bank launched since it gained independence in , and Angola's only investment bank. The conflicts that began in the mids greatly shook the insurance industry, which was nationalized in At that time, the National Insurance and Reinsurance Co.
All private company policies were declared null and void except for life insurance. Liberal monetary policies financed large public sector deficits, which led to high inflation and price distortions.
Military expenditures consumed an enormous portion of the national budget. Since the s, Angola has relied heavily on oil exports for revenue. However, revenues from oil sales went down as the result of a fall in the international price of oil in the late s. Until , Angola had a Soviet-style, centrally planned economy. The government planned privatization for the s, but most companies remain state-run as of , including the major energy companies and the diamond distributor.
Public debt in amounted to Various corporate tax exemptions and reductions, and exemptions from real estate taxes on land and buildings are offered by the government as investment incentives. Also levied are inheritance and gift taxes, and a payroll tax for social security. Both specific and ad valorem duties are levied; but, as a member of the World Trade Organization , Angola is reviewing the need for reductions in tariffs and nontariff barriers.
Specific duties are assessed by weight. All imports require a license and are handled by one of several state companies. Most exports are similarly handled by state agencies. In spite of the civil war and the socialist legacy, sizable investments in the petroleum sector were made during the s. Elf Oil and Chevron both had major investments underway. In , the Angolan government issued three new licenses to oil drilling companies in order to conduct exploration in ultra-deep water.
By , ExxonMobil's Kizomba B deep water platform had begun the production of oil. Total was also in the process of completing its Dalia platform and other oil companies were in the process of construction of new platforms.
Countering the illegal trade in diamonds, De Beers, in a agreement with the government diamond company Endiama, invested in new diamond exploration. A UN sanction on the purchase of black market diamonds has been hard to enforce and corruption in the diamond business continued as of In spite of a year civil war to , an investment climate characterized by corruption, ineffective governance, arbitrary decision making, a deteriorating infrastructure, kidnappings for ransom targeted at foreigners in the Cabinda enclave, socialist suspicions about free markets, openly solicited bribes, no capital market or stock exchange , scarce skilled labor, and scarcer foreign exchange, Angola ranked second in the world in after Lesotho in foreign investment as a percent of GDP.
The statistic is a result of both Angola's small economy and substantial investments in its oil sector that continued despite the civil war. With the war over and a semblance of peace and normalcy back to Angola, more investments should be forthcoming both in the oil and gas industries as well as the diamond mining sector. About 30 other foreign companies have substantial interests in upstream enterprises.
Petrofina of Belgium is both a major producer and a major downstream partner with Sonangol. Downstream operations are hampered by poor infrastructure and a small domestic market. The passing of this resolution came on the heels of the th-anniversary celebration of the city of Jamestown, Virginia , which was the first permanent English colony to survive in what would become the United States.
Jamestown is also recognized as one of the first slave ports of the American colonies. On 31 May , the Governor of Alabama , Bob Riley , signed a resolution expressing "profound regret" for Alabama's role in slavery and apologizing for slavery's wrongs and lingering effects. Alabama is the fourth state to pass a slavery apology, following votes by the legislatures in Maryland , Virginia, and North Carolina. On 30 July , the United States House of Representatives passed a resolution apologizing for American slavery and subsequent discriminatory laws.
The language included a reference to the "fundamental injustice, cruelty, brutality and inhumanity of slavery and Jim Crow" segregation. The news was welcomed by President Barack Obama. From Wikipedia, the free encyclopedia. Redirected from Atlantic economym. Slave trade across the Atlantic Ocean from the 16th to the 19th centuries. By country or region. Opposition and resistance. Abolitionism U. See also: History of slavery. Main article: Slavery in Africa.
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Popular pressure and the ending of the British slave trade. Rescued slaves forced into unpaid 'apprenticeships'" , The Guardian , 2 August June Oxford University Press. Slave Trade". Chicago Tribune , 1 May BBC News , 30 January Accessed 22 July BNR Nieuwsradio. Retrieved 8 March BBC News. Retrieved 1 March Accessed 31 August BBC News, 27 November Accessed 15 March BBC News, 14 March The Guardian.
Retrieved 30 July Commonwealth of Virginia. Fox News , 31 May The Washington Post , 30 July , p. Google News , 18 June Austen, Ralph London: James Currey.
Christopher, Emma Cambridge: Cambridge University Press. How Europe Underdeveloped Africa. London: Bogle L'Ouverture. Thornton, John When it comes to destroying market value, Apple is in a class of its own. When you see how much money is being erased by the biggest companies — you can see why this sell-off is getting uncomfortable These had been some of the strongest stocks in a largely flat market in , when both Netflix and Amazon more than doubled in value.
To continue expanding, tech stocks need worldwide growth, which seems to be faltering. This month, Forrester Research predicted continued but slowing growth of 4. The Nasdaq Composite Index, a benchmark for high momentum growth stocks such as Netflix, ended down 2.
Chipotle to take timeout for food safety All-staff meeting set Feb. Embattled fast-casual restaurant chain Chipotle Mexican Grill will close all of its eateries nationwide for a few hours during the morning of Feb. Outlining the plan during a Wednesday investor conference in Florida, company executives. Among company-wide food safety measures being taken by Chipotle is central kitchen processing of tomatoes and lettuce.
Employees will also get an opportunity to ask questions and voice any concerns. The meeting and separate marketing outreach plan follow multiple health incidents that sickened customers, forced a shutdown of some restaurants and sent sales plunging.
More than Boston College students contracted a norovirus, a contagious gastrointestinal illness, after eating at a nearby Chipotle last month. The incident occurred as Chi-. Chipotle is also the subject of a federal criminal investigation over a norovirus incident at a Simi Valley, Calif. The company said it is cooperating with the investigation. The company has not announced the cause of the sickness incidents. The all-staff meeting is aimed in part to update staffers on new measures being instituted company-wide.
Contributing: Hadley Malcolm, Aamer Madhani. Investors will see next week whether corporate earnings can be the medicine the market needs — or actually make it worse. These early reports will take on great importance as investors look for any signs of a global economic slowdown, which is hinted at by the decline in stock prices.
Investors are waiting on more. CLOSE: 4, Commodities Close Prev. Cattle lb. Shares of the burrito chain rose after the company said it would close all stores Feb. The global bank saw shares slide after reporting 8.
Investors are increasingly worried about loan portfolios as oil prices fall. Data on this page are based on SigFig analysis.
CLOSE: 1, The financial sector is important to stocks, given their market weight and exposure to the economy. Analysts expect earnings from financial companies to decline 1. The stock was a top performer in , and investors want to know if it can keep up the momentum and justify its lofty valuation. The key is how the stock reacts. Change 9, Financial advisers recommend that you have a rainy day fund.
This is money that can sustain you for at least three months, if not longer. Your rainy day fund should be nowhere near the stock market. Before you invested, you should have had a good idea of how much market volatility you could handle. Stocks are infamously wild. Especially bad years can send stocks down even more. Given that most of us cannot effectively time the markets, these periods of turbulence give us a great opportunity to reassess our investment goals and strategy to see whether they still make sense.
With this in mind, here are. Research shows that investors are generally not very good at predicting the highs and lows of the markets and that they are much better off in the long term by remaining invested through market cycles — riding out the ups and downs.
Having a diversified portfolio is a great way to preserve wealth and should dampen volatility compared with being concentrated in any one holding. When markets are volatile, we see the benefits of diversification.
During the recent sell-off in stocks, bonds held up relatively well and provided a nice counterbalance. Now is a good time to sit down with your adviser to discuss your portfolio strategy to see whether it is working as expected and whether there were any surprises. Rebalancing may be required if you discover you have too much of your portfolio allocated to an individual stock or market sector that crept up on you over time.
If you have large capital gains from earlier periods, now may be the time to sell impaired investments to offset those gains and thus reduce your capital gains taxes.
Consult with your financial adviser and your accountant to make sure any sales are coordinated and executed in the most tax-efficient manner.
Markets go up and down over time, but the long-term historical trend is always upward. In high-volatility markets, when prices change dramatically on a day-to-day basis, it can be a great time to check in on your portfolio to make sure your strategy is working and is still aligned with your goals.
If it is not, it may be time to make incremental changes to reposition your portfolio for the long term. That opener is meant to show us the duality of Rhoades, who otherwise needs to be in tight control — so tight that he prosecutes only cases he knows he can win. In her first U. Newly Oscar-nominated actress Saoirse Ronan has shopping on the brain. Not for a designer dress for the Academy Awards Feb. Instead, the best actress nominee is spending the day outfitting her New York City apartment before her Broadway debut in The Crucible, which will start rehearsals Jan.
Saoirse Ronan and Emory Cohen star in a scene from the motion picture Brooklyn, for which Ronan got an Oscar nomination for best actress. Then there was another six months or so before we screened it again, and things could have changed in that time. But from one festival to the next, and from one premiere to the next, it seemed to be getting the same amount of love wherever we took it. As he proved in Homeland and Wolf Hall, no one is better than Lewis at infusing charm, humanity and menace into characters who might otherwise be one-note reprehensible, or at forcing us to question where our loyalties should lie.
Unfortunately, either he succeeds too well, or the script is too heavily stacked in his direction, because the fight between Bobby and Chuck never seems either fair or balanced. The story hinges on the public turning against Bobby because of his extravagant, conspicuous spending — but how does that fit in an America where Donald Trump leads the Republican polls and Kim Kardashian is a star?
Just not this. We could have given more effort and energy. It definitely hurts. I thought our lateral quickness was really exposed. All the particulars of the West Virginia game will fade quickly if KU can get. Senior Firebirds guard Hunter Gudde, who last season missed a potential gametying layup in the final seconds of a loss to the Ravens, on Friday drove from the top of the key with the fourthquarter clock winding down on the road and scored the clinching lay-up.
The shot put a buzzer-beating exclamation point on an improbable Free State victory. ONW had spent most of the first 24 minutes beating up the Firebirds inside with 6-foot-7 junior Matt Vanderslice 11 points and sophomore Luke Waters 18 points. The Lions won, This was no ordinary regular-season game. For Lawrence High boys basketball players, games against Olathe East always mean a little extra.
With emotions running high and momentum swinging every minute in a matchup between two teams ranked among the top five in the state, the Lions stepped up with key plays in crunch time and earned a victory on Friday in the Jungle. Trailing by a point with under a minute left, LHS senior point guard Justin Roberts was fouled on a threepoint attempt and drained all three free throws.
On the ensuing inbounds,. Roberts stole the ball and fired a pass to senior forward Fred Brou while he was falling out of bounds. Brou found senior forward Price Morgan for a layup for a lead, high-stepping to mid-court out of excitement.
Morgan, who had 17 points, let out a scream along the baseline, and senior guard Anthony Harvey flexed for the student section. Earlier this week, the league. In that game, Pitts-staff; ETA 5 p. Get well. These logos are provided to you for use in an editorial news context only. Kansas City v. CBS 5, 13, , Green Bay v. Arizona 7 p. NBC 14, College Basketball. Carolina 11 a. Maryland 11 a.
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Divisional Roundwith AP. Green Bay Sunday, Jan 17th. Pittsburgh NBA Favorite Brooklyn Portland Sacramento a-Washington Guard B. Beal is questionable. Anthony is questionable. Jordan is doubtful. Ohio St Cincinnati Johnson is in third place at under. Massachusetts ST. Missouri Villanova Kisner missed a 5-footer for par. Kiser kept Xavier La Salle Kisner after two rounds of the Sony Open. Nebraska Snedeker was at under Central Michigan It could be fun for a lot of players.
Tennessee Kentucky Wyoming shots at the halfway point. Scoring conditions Singh, who turns 53 next month and can beWisc Milwaukee Loyola Chicago field made the cut, meaning there will be a and was four behind. Iowa St Elon Kisner, who played with Snedeker, kept pace Woodland shot a 3-under Middle Tenn St with him on Thursday both opened at 63 and was good for a tie for 16th place.
Brown UT Arlington Oklahoma St 1 Iowa St. Kansas St. Maine 6 p. ESPN2 34, St. Washington E. Carolina v. Northern Illinois 6 p. FCSP Loy. Chicago v. Iowa 3 p. Purdue v. Ohio St. Ohio E. Cornell Mich. BTN , Midd. Old Dom. Mason v. Louis 2 p. Youngstown St Seton Hall v. Arkansas 2 p. SEC Ala-Birmingham Texas 5 p. ESPN2 34, p. Southern Miss Montreal v. Louis 6 p. FSN 36, Baylor v. Cal Irvine Alabama v. Vanderbilt 5 p. SEC Georgia v. Alabama 4 p. San Jose St Florida v. Mississippi 7 p.
City 6 p. Wisc Green Bay Arkansas v. LSU p. SEC Marshall RICE Seattle v. Carolina noon Fox 4, Missouri St Diego St. Boise St. ESPN2 34, Pittsburgh v. Denver p. CBS 5, 13, Florida Penn St Iowa v. Washington St mid.
Nebraska p. BTN , KU v. TCU replay Joburg Open 4 a. San Diego St KU v. Air Force Creighton v. Wisconsin p. Cal Riverside , Joburg Open a. Drake 3 p. BTN , Favorite Underdog Sony Open 6 pm. Golf , Michigan v. Golf , Virginia v. Florida St. Utah p. Montreal Liver. United 8 a. Leicester a. NBC 14, Geo Wash. Duquesne 11 a. Minnesota p. BTN , Phila. Carolina a. Penn St. Hall v. Notre Dame 6 p. Michigan 4 p. FCSA Dallas ap — SMU junior guard Keith Frazier, the former Dallas high school star whose name was prominent in an NCAA investigation that led to a postseason ban for the undefeated Mustangs, has decided to transfer.
The 10th-ranked Mustangs are the only remaining undefeated Div. He can play part of next season after skipping the fall semester, or he can sit out a year and play the entire season. Frazier averaged He averaged Then Pro Bowl defensive lineman Chandler Jones wandered over to the local police station, shirtless and disoriented, leaving his house reeking of burnt marijuana.
Suddenly, the defending Super Bowl champions were back on defense. Belichick refused to say whether Jones would be benched for fear of revealing valuable strategic information to the Chiefs. KU is following a conference loss in the Self era. No announcement has been made on his status for today. You go play. Even before the league investigation that would find them guilty, the Patriots plugged up their ears and dug in their heels.
And went on to win the Super Bowl. A season earlier, New England recorded its now-customary win season, AFC East title and trip to the conference championship game despite releasing tight end Aaron Hernandez over the summer, shortly before he was charged with first-degree murder. He was convicted in April. TCU vs. F — Chris Washburn , Jr.
G — Chauncey Collins , Soph. G — Michael Williams , Jr. G — Brandon Parrish , Jr. F — Hunter Mickelson , Sr. G — Wayne Selden Jr. Head coach: Trent Johnson. KU is versus TCU and has won six straight vs. We just try to ignore the noise. Head coach: Bill Self. Tickets for that game will be on sale at the door at JCCC. Steelers coach Mike Tomlin wondered aloud why the headsets always go out when he plays in New England.
Patriots TE Rob Gronkowski has knee and back injuries that have kept him out of practice two of three days this week. New England is also hoping to get receiver Julian Edelman and offensive lineman Sebastian Vollmer back.
The Chiefs have also had to shuffle their offensive line, with Mitch Morse and Laurent Duvernay-Tardif out with concussions. But the big question for them is whether leading receiver Jeremy Maclin will be available. Teams meeting in postseason for first time. With victory at Houston last weekend, Chiefs earned first playoff win since beating Houston Oilers in divisional round in JanuaryJan 05, · An icon used to represent a menu that can be toggled by interacting with this icon.