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Union Of Banana Exporting Countries
The Union of Banana Exporting Countries ( or UPEB) was a cartel of Central and South American banana exporting countries established in 1974, inspired by OPEC. Its aim was to achieve better remuneration from the North American banana trade oligopoly, which consisted of three US companies. UPEB's proposal of an export tax was undermined by the U.S. oligopoly bribing Honduran and Italian officials. The UPEB cartel collapsed when bribes became public. What is referred to as the Bananagate scandal paved the way for the U.S. Congress to create the 1977 Foreign Corrupt Practices Act. History In 1974, Colombia, Costa Rica, Ecuador, Guatemala, Honduras, Nicaragua, and Panama joined in an attempt to form a banana-exporting country cartel focusing on exports to the North American market. The Philippines was the only major exporter of bananas to the United States which did not join. The market for banana exports to Europe at this time was quite separate, with mainly former European French and ...
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OPEC
The Organization of the Petroleum Exporting Countries (OPEC ) is an organization enabling the co-operation of leading oil-producing and oil-dependent countries in order to collectively influence the global oil market and maximize Profit (economics), profit. It was founded on 14 September 1960 in Baghdad by the first five members: Iran, Iraq, Kuwait, Saudi Arabia, and Venezuela. The organization, which currently comprises 12 member countries, accounted for 38 percent of List of countries by oil production, global oil production, according to a 2022 report. Additionally, it is estimated that 79.5 percent of the world's proven oil reserves are located within OPEC nations, with the Middle East alone accounting for 67.2 percent of OPEC's total reserves.Organization of the Petroleum Exporting Countries. (2023). ''OPEC Annual Statistical Bulletin'' (58th ed.), 90 pages. Retrieved from https://asb.opec.org/. ISSN: 0475-0608. (See pages 7 and 22). In a series of steps in the 1960s and ...
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President Of Costa Rica
The president of the Republic of Costa Rica is the head of state and head of government of Costa Rica. The president is currently elected in direct elections for a period of four years, which is not immediately renewable. Two Vice President of Costa Rica, vice presidents are elected in the same ticket with the president. The president appoints the Council of Ministers. Due to the abolition of the military of Costa Rica in 1948, the president is not a commander-in-chief, unlike the norm in most other countries, although the Constitution of Costa Rica, Constitution does describe him as commander-in-chief of the civil defense Public Forces of Costa Rica, public forces. From 1969 to 2005, the president was barred from seeking reelection. After the amendment banning reelection was overturned by the Supreme Court of Justice of Costa Rica, Supreme Court in 2005, an incumbent president became eligible to run again after waiting for at least eight years after leaving office. Election Th ...
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History Of Central America
Central America is commonly said to include Guatemala, Belize, El Salvador, Honduras, Nicaragua, Costa Rica, and Panama. This definition matches modern political borders. Central America begins geographically in Mexico, at the Isthmus of Tehuantepec, Mexico's narrowest point, and the former country of Yucatán (1841–1848) was part of Central America. At the other end, before its independence in 1903 Panama was part of South America, as it was a Department of Colombia. At times Belize, a British colony until 1981, where English instead of Spanish is spoken, and where the population is primarily of African origin, has been considered not part of (Spanish-speaking) Central America.Long and narrow, Central America does not have an obvious geographical center. Until the middle of the 20th century there were no roads between the countries, which isolated them from each other, and railroads have never connected them. During colonial times Guatemala was the administrative and religiou ...
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Tropical Agriculture
Worldwide more human beings gain their livelihood from agriculture than any other endeavor; the majority are self-employed subsistence farmers living in the tropics. While growing food for local consumption is the core of tropical agriculture, cash crops (normally crops grown for export) are also included in the definition. When people discuss the tropics, it is normal to use generalized labels to group together similar tropical areas. Common terms would include the humid-tropics (rainforests); the arid-tropics (deserts and dry areas); or monsoon zones (those areas that have well defined wet/dry seasons and experience monsoons). Such labeling is very useful when discussing agriculture, because what works in one area of the world will normally work in a similar area somewhere else, even if that area is on the opposite side of the globe. Most temperate zone agricultural techniques are inappropriate for tropical areas. The second half of the 20th century saw many attempts to dupli ...
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Banana Production
The banana industry is an important part of the global industrial agrobusiness. About 15% of the global banana production goes to export and international trade for consumption in Western countries. They are grown on banana plantations primarily in the Americas. Ecological impact As is the case with all monocultures, the intensive agroindustrial methods for banana production have considerable environmental impact. Banana cultivation requires a large amount of pesticide (estimate: ) and can encourage ecosystem destruction through deforestation. Moreover, food miles and plastic packaging leave a large carbon footprint. Cash crop In 2012 the volume of global gross banana exports reached a record high of , 1.1 million tonnes (or 7.3 percent) above 2011 level. Bananas are the most popular fruit in the United States, with more consumed annually than apples and oranges combined. In spite of the multitude of banana species across the world, even only taking into account the cult ...
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Banana Republic
In political science, the term ''banana republic'' describes a politically and economically unstable country with an economy dependent upon the export of natural resource.A banana republic is a country with an economy of state capitalism, where the country is operated as a private commercial enterprise for the exclusive profit of the ruling class. Typically, a banana republic has a society of extremely stratified social classes, usually a large impoverished working class and a ruling class plutocracy, composed of the business, political, and military elites. The ruling class controls the primary sector of the economy by exploiting labor. Such exploitation is enabled by collusion between the state and favored economic monopolies, in which the profit, derived from the private exploitation of public lands, is private property. At the same time, the debts incurred thereby are the financial responsibility of the public treasury. Therefore, the term ''banana republic'' is a pejorative ...
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Covington & Burling
Covington & Burling LLP is an American multinational law firm. Known as a white-shoe law firm, it is headquartered in Washington, D.C. and advises clients on transactional, litigation, regulatory, and public policy matters. The firm has additional offices in the United States, as well as in Belgium, China, England, Germany, South Africa, South Korea, and United Arab Emirates. History Judge J. Harry Covington and Edward B. Burling founded Covington & Burling in Washington, D.C., on January 1, 1919. In 1988, Covington opened a London office that was followed in 1990 by opening a Brussels office. In 1999, Covington merged with Howard, Smith & Levin, a New York firm of 60 attorneys and the firm opened its first West Coast office in San Francisco. In 2008, Covington entered into a strategic alliance with Institution Quraysh for Law & Policy, a Qatar-based transnational law firm and think-tank, for the joint provision of legal and consulting services in the Middle East. The f ...
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Oswaldo López Arellano
Oswaldo Enrique López Arellano (30 June 1921 – 16 May 2010) was a Honduran politician who twice served as the President of Honduras, first from 1963 to 1971 and again from 1972 until 1975. Early life Lopez was born in Danlí to Enrique López and Carlota Arellano in the department of El Paraíso, an influential family. His parents sent him to an American-sponsored school in Honduras' capital city of Tegucigalpa, where he learned English. He joined the Honduran Army at eighteen and subsequently graduated as a pilot from the Honduran Air Force School (Academia Militar de Aviación de Honduras Capitán Raúl Roberto Barahona Lagos). He then spent 1942-1945 in the U.S. state of Arizona studying mechanical aviation. López served as a colonel for numerous years and eventually rose to the rank of general. Career López briefly fought for a military junta during 1957, which ended after democratic elections were secured. After a violent coup, he served as president for the fi ...
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Securities And Exchange Commission
The United States Securities and Exchange Commission (SEC) is an independent agency of the United States federal government, created in the aftermath of the Wall Street crash of 1929. Its primary purpose is to enforce laws against market manipulation. Created by Section 4 of the Securities Exchange Act of 1934 (now codified as and commonly referred to as the Exchange Act or the 1934 Act), the SEC enforces the Securities Act of 1933, the Trust Indenture Act of 1939, the Investment Company Act of 1940, the Investment Advisers Act of 1940, and the Sarbanes–Oxley Act of 2002, among other statutes. Overview The SEC has a three-part mission: to protect investors; maintain fair, orderly, and efficient markets; and facilitate capital formation. To achieve its mandate, the SEC enforces the statutory requirement that public companies and other regulated entities submit quarterly and annual reports, as well as other periodic disclosures. In addition to annual financial re ...
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Manhattan
Manhattan ( ) is the most densely populated and geographically smallest of the Boroughs of New York City, five boroughs of New York City. Coextensive with New York County, Manhattan is the County statistics of the United States#Smallest, largest, and average area per state and territory, smallest county by area in the U.S. state of New York (state), New York. Located almost entirely on Manhattan Island near the southern tip of the state, Manhattan constitutes the center of the Northeast megalopolis and the urban core of the New York metropolitan area. Manhattan serves as New York City's Economy of New York City, economic and Government of New York City, administrative center and has been described as the cultural, financial, Media in New York City, media, and show business, entertainment capital of the world. Present-day Manhattan was originally part of Lenape territory. European settlement began with the establishment of a trading post by Dutch colonization of the Americas, D ...
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Pan Am Building
The MetLife Building (also 200 Park Avenue and formerly the Pan Am Building) is a skyscraper at Park Avenue and 45th Street, north of Grand Central Terminal, in the Midtown Manhattan neighborhood of New York City, New York, U.S. Designed in the International style by Richard Roth, Walter Gropius, and Pietro Belluschi and completed in 1962, the MetLife Building is tall with 59 stories. It was advertised as the world's largest commercial office space by square footage at its opening, with of usable office space. , the MetLife Building remains one of the 100 tallest buildings in the United States. The MetLife Building contains an elongated octagonal massing with the longer axis perpendicular to Park Avenue. The building sits atop two levels of railroad tracks leading into Grand Central Terminal. The facade is one of the first precast concrete exterior walls in a building in New York City. In the lobby is a pedestrian passage to Grand Central's Main Concourse, a lobby with ar ...
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Eli M
Eli most commonly refers to: * Eli (name), a given name, nickname and surname * Eli (biblical figure) Eli or ELI may also refer to: Film * ''Eli'' (2015 film), a Tamil film * ''Eli'' (2019 film), an American horror film Music * ''Eli'' (Jan Akkerman album) (1976) * ''Eli'' (Supernaut album) (2006) Places * Alni, Ardabil Province, Iran, also known as Elī * Eli, Mateh Binyamin, an Israeli settlement in the West Bank * Éile or Éli, a medieval kingdom in Ireland * Eli, Kentucky, United States * Eli, Nebraska, United States * Eli, West Virginia, United States Other uses * ''Eli'' (opera), an opera by Walter Steffens * ELI (programming language) * Earth Learning Idea * English language institute * Environmental Law Institute, an American environmental law policy organization * European Law Institute * European Legislation Identifier * Extreme Light Infrastructure, a high energy laser research facility of the European Union * Eli, someone from Yale University, after Elihu ...
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