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Only about 0.8% of the Bahamas' land area is arable, about 140 square km (54 square miles). [5] Most arable land is on New Providence, Abaco, Andros, and Grand Bahama islands; challenges for Bahamian agriculture include limited fresh water resources for irrigation, the difficulties of inter-island transport of goods in the archipelago, a lack of human capital, the country's small size (which ...
The economy of the Bahamas is dependent upon tourism and offshore banking. The Bahamas is the richest country in the West Indies and is ranked 14th in North America for nominal GDP. [8] It is a stable, developing nation in the Lucayan Archipelago, with a population of 391,232 (2016). Steady growth in tourism receipts and a boom in construction ...
An August 2024 survey of inflation expectations showed consumers predicting 2.3% average inflation over the next three years, the lowest figure since the survey was created in 2013. [186] Following Trump's tariff threats, long-term inflation expectations rose to 3.3 percent in January 2025 from 3.0 percent in December, the highest level since ...
The Shipping Forecast is a BBC Radio broadcast of weather reports and forecasts for the seas around the British Isles.It is produced by the Met Office and broadcast by BBC Radio 4 on behalf of the Maritime and Coastguard Agency.
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The index tracks 38 [1] commodity futures contracts from 13 international exchanges. The list of commodities is subject to change by the RICI Committee. In general, a commodity will be considered fit to be included in the index if it plays a significant role in worldwide (developed and developing countries) consumption.
The Theory of Storage describes features observed in commodity markets: When available supplies of the commodity in question are high, and the working inventories of commercial consumers of that commodity are accordingly held to a minimum, Futures prices tend to be in contango
The first weather derivative deal was in July 1996 when Aquila Energy structured a dual-commodity hedge for Consolidated Edison (ConEd). [1] The transaction involved ConEd's purchase of electric power from Aquila for the month of August. The price of the power was agreed, and a weather clause was embedded into the contract.