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As an island nation, Fiji has had a heavy reliance on fish for much of its history, both as a staple food and as an economic product. While fisheries only contributed 1.7% of total gross GDP between 2000 and 2008, it represented 12% of Fiji's exports in 2008, equivalent to US$63 million. [ 38 ]
The effects of the Asian financial crisis led to a sharp drop in the number of Asian tourists visiting Fiji in 1997 and 1998, which contributed to a substantial drop in gross domestic product. Positive growth returned in 1999, however, aided by a 20% devaluation of the Fijian dollar . 2005 was a record year for the tourism sector, with 9% ...
The ILO estimates global unemployment to rise between 5.3 million ("low" scenario) and 24.7 million ("high" scenario) from a base level of 188 million in 2019 as a result of COVID-19's impact on global GDP growth. By comparison, global unemployment went up by 22 million during the Great Recession. Women informal workers, migrants, youth and the ...
Myanmar civil war. The Arakan Army announces their capture of Maungdaw, Rakhine State, giving them full control over the Bangladesh–Myanmar border. Sudanese civil war. Twenty-eight people are killed and 37 others are injured in a bombing on a petrol station in Mayo, Khartoum, Sudan. (The Peninsula) (Ommcom News) Disasters and accidents
Country Formal Relations Began - Australia 10 October 1970 See Australia–Fiji relations. On 13 April 2005, Fiji's prime minister, Laisenia Qarase, rejected criticism from Australia and some other countries over the prosecution and imprisonment of two foreigners charged with committing homosexual acts, which were illegal in Fiji at the time, and said that other countries needed to respect ...
Wall Street's main indexes edged lower in choppy trading on Thursday after monthly producer prices rose as expected, with investors awaiting Fed Chair Jerome Powell's comments later in the day for ...
Fiji's Head of State is the President.He is elected by Parliament of Fiji after nomination by the Prime Minister or the Leader of the Opposition, for a three-year term.. Although his role is largely an honorary one, modelled after that of the British Monarchy, the President has certain "reserve powers" that may be used in the event of a national
On 19 March, Fiji confirmed its first case of COVID-19 in Lautoka. As a precautionary measure, the Government of Fiji announced the lockdown of the city until 7 April 2020. Later on 2 April, the Government announced a lockdown of Suva, after confirmed cases in the capital. As the cases rose, Prime Minister Voreqe Bainimarama announced a ...