All entries for June 2005
June 25, 2005
There is no water in the university. The world is coming to an end.
People from university residencies are fleeing away. I am one of the
last men standing.
Interpret as –
There is no water in the university. True.
Life is going to be sad as friends leave to their home due to the end of the term. I am still around :(
June 11, 2005
"People are often unreasonable, illogical,
Forgive them anyway.
If you are kind, People may accuse you
of selfish, ulterior motives;
Be kind anyway.
If you are successful, you will win some false friends and some true enemies;
If you are honest and frank,
people may cheat you;
Be honest and frank anyway.
What you spend years building, someone
could destroy overnight;
If you find serenity and happiness,
they may be jealous;
Be happy anyway.
The good you do today,
people will often forget tomorrow;
Do good anyway.
Give the world the best you have,
and it may never be enough;
Give the world the best you've got anyway.
You see, in the final analysis,
it is between you and God;
It was never between you and them anyway."
June 04, 2005
Benin, once known as the 'White Gold' of Africa becuase of its cotton farms is one of the poorest nations of the world. It ranks 161st out of the 177 poorest countries. 60% of the nation's export depends on cotton. But the same cotton is leaving farmers in debt because of the falling prices. They cann't grow anything else on the barren land. In 2002 alone, the GDP of Benin fell by 1.4 per cent and export earnings by 9 per cent as a direct result of the falling price of cotton.
The Big question is that why this is happening.
Have a look at some of the facts. The US is the world's largest exporter of cotton. American cotton farmers receive $3.9bn a year in Government subsidies -which is more than the entire GDP of Benin and three times the annual amount the US gives in aid to Africa.The American government pays its farmers to produce cotton, spending $14.8bn between 1998 and 2002 on subsidies, compared with the $20bn dollar value of the crop. Cotton is currently 48 cents per pound – 30 cents less than it costs American farmers to grow their crop.
The World Trade Organisation ruled last year that America's cotton subsidy system was illegal as it resulted into massive market distortion and kept the price of cotton artificially low. Around 60,000 farmers have stopped growing cotton in Benin because they cann't compete with the prices.
Oxfam, the agency behind this research believes that, while measures to increase aid and for debt relief are vital, African nations such as Benin cannot escape poverty until the trade issue is finally addressed. If the issue is legalised it would mean a wholesale review of subsidies paid to farmers in the US and in Europe to give Africa the chance to begin to compete. This would be decided only after the next G8 summit.
And cotton is just one of the graphic examples as how such decisions by government destroy the poorest farmers of poorest countries.