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The local government mostly focuses its action at developing a high-end market with luxurious hotels built with foreign investment and French tax cut incentives, but many of these investments close after a few years. The subsidized air company Air Tahiti Nui brings tourists from France, Los Angeles, Japan and China.
Before the French regulated the currency on Tahiti, French Polynesia, traders often used dollars. The word dollar became tārā (often written without accents as tara , or tala ), and this term is still used among native Tahitian and local Chinese traders as an unofficial unit, worth 5 francs.
In 1842, Tahiti and Tahuata were declared a French protectorate, to allow Catholic missionaries to work undisturbed. The capital of Papeetē was founded in 1843. In 1880, France annexed Tahiti, changing the status from that of a protectorate to that of a colony. The island groups were not officially united until the establishment of the French ...
Tahiti is the highest and largest island in French Polynesia lying close to Moʻorea island. It is located 4,400 kilometres (2,376 nautical miles) south of Hawaiʻi, 7,900 km (4,266 nmi) from Chile, 5,700 km (3,078 nmi) from Australia.
Instead the euro's stability and future existence was put into doubt, which reduced its share of global reserves to 19% as of year-end 2015 (vs 66% for USD). As of year-end 2020 these figures stand at 21% for EUR and 59% for USD. The percental composition of currencies of official foreign exchange reserves from 1995 to 2022. [14] [15] [16]
Air Tahiti has daily flights to most other islands in French Polynesia and one international service to the Cook Islands. There are intercontinental flights to Canada, Chile, Metropolitan France, Japan, New Zealand and the United States. The airport is on Tahiti, which is an island among the Windward Islands, the eastern part of the Society ...
Pape'etē, a schooner built by Matthew Turner, who had extensive business interests in Tahiti, was known for a fast passage from San Francisco to Tahiti of 17 days. [ 28 ] Papeʻetē is mentioned in Paul Thomas Anderson 's crime-drama film Inherent Vice as a possible destination (never reached) of Burke Stodger in a getaway on his boat after ...
Électricité de Tahiti: 22.4 535 1970 Electricity provider ONATi: 19.3 634 2013 Telecommunications provider Brasserie de Tahiti: 14.5 415 1914 Brewery and beverage production Pacific petroleum and services 14.2 21 Fossil fuel importer and distributor Air Tahiti Nui: 12.4 606 1996 Flag carrier airline
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