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Caribbean countries record mixed fortunes in trade with US

first_img Share InternationalNewsPrintRegional Caribbean countries record mixed fortunes in trade with US by: – January 5, 2012 29 Views   no discussions Share Tweetcenter_img Share Sharing is caring! WASHINGTON,DC, USA (CMC) — Trinidad and Tobago has become the leading source of United States imports entering under the Caribbean Basin Initiative (CBI) tariff preferences, displacing the Dominican Republic, according to the latest report issued by the Office of the United States Trade Representative.In the “Ninth Report to Congress on the operations of the Caribbean Basin Economic Recovery Act 2011”, the United States imported US$2.2 billion under CBI tariff preferences from Trinidad and Tobago in 2010, an increase of 43.8 per cent from 2009.“Imports under CBI tariff preferences from Trinidad and Tobago are dominated by petroleum and methanol and 75 per cent of imports of these two goods entered under CBI provisions in 2010.“US imports of petroleum under CBI tariff preferences increased in value in 2010 because of both higher volume and higher prices,” the report said. “US imports of methanol increased in value mainly because of higher prices,” it added.The report noted that Haiti became the second leading source of US imports entering under CBI tariff preferences in 2009 after Costa Rica left the CBI.It said that apparel accounted for more than 90 per cent of US imports from Haiti and almost all imports of apparel from Haiti enter under CBTPA or the two HOPE Acts.Imports of apparel from Haiti at preferential tariff rates increased nearly 26 per cent in 2009, as utilisation of preferences under the HOPE Acts became established.The report noted that the January 2010 earthquake in Haiti slowed the growth of imports of apparel under preferential tariffs to 0.7 per cent in 2010, but such imports surged 46 per cent in the January — August 2011 period compared to the same period in 2010.Since Costa Rica left the CBI in 2009, Haiti has become the source of virtually all imports of apparel from CBI countries.The Bahamas, in the meantime, replaced Jamaica as the third leading source of US imports entering under CBI tariff preferences in 2010 as imports of fuel ethanol from Jamaica plummeted and imports of apparel from Jamaica declined.“Jamaica had been the major US source of fuel ethanol in past years, but market conditions in 2009 and 2010 radically changed the profitability of fuel ethanol production in Jamaica, and there were no imports of fuel ethanol from Jamaica from March 2010 to June 2011,” the report noted.It said that after several years of decline, there were no US imports of apparel from Jamaica under CBI tariff preferences in 2010.The United States continues to have a small amount of bilateral trade with many of the Caribbean economies.“While the overall value of imports is small, imports under CBI tariff preferences account for relatively significant proportions of total US imports from these countries. Cane sugar, non-monetary gold, orange juice, papayas, and electrical machinery were some of the leading categories of CBI imports from the smaller Caribbean economies,” the report noted.The Office of the United States Trade Representative said that although the CBI was initially envisioned as a programme to facilitate the economic development and export diversification of the Caribbean Basin economies, US export growth to the region has been a “welcome corollary benefit”.It said that the value of total US exports to CBI countries fell 38.4 per cent in 2009, but rose 27.6 per cent in 2010.When only 2010 beneficiaries are considered, US exports decreased 21.5 per cent in 2010. Collectively, at US$18.5 billion, the CBI region ranked 16th among US export destinations in 2010 and absorbed 1.7 per cent of total US exports to the world.“Panama, The Bahamas, the Netherlands Antilles, and Trinidad and Tobago were the principal markets for US products in 2010, accounting for 72 per cent of US exports to the CBI region in 2010,” the report said, noting that the United States exports a broad range of products to the CBI region.In 2010, the leading categories included refined petroleum products, aircraft, jewellery and jewellery parts, rice, and corn.Jamaica Observerlast_img read more

Hometown man wins Wilbur’s Run at Blue Hill Fair

first_imgThis is placeholder textThis is placeholder text BLUE HILL — In the town’s biggest weekend of the year, it was a Blue Hill man who crossed the finish line first.Phil LeBreton won Wilbur’s Run at the annual Blue Hill Fair on Saturday, finishing with a time of 17 minutes, 35 seconds. Below is a list of the top-10 finishers.Phil LeBreton, Blue Hill, 17 minutes, 35 secondsTate Yoder, Penobscot, 17:39Seth Young, Ellsworth, 17:41Evan Merchant, Beals, 18:13Rob Shea, Ellsworth, 18:19Ryan Lowell, Portland, 18:35Caden Mattson, Blue Hill, 19:41Buster Brown, Blue Hill, 19:55Michael Moon, Brooklin, 20:52Haley Harwood, Portland, 20:56.last_img read more

McIntyre brings changes to SU, veterans learn to adapt

first_img Comments Published on September 20, 2010 at 12:00 pm Facebook Twitter Google+center_img Sixty feet. That’s how the soccer team thinks of itself. Thirty players and 60 feet. Last year’s team did not view itself so simplistically. It was mired in team politics about the firing of former head coach Dean Foti. Players became more concerned with personal disagreements and less concerned with this simple number. But this year, all that really matters are those feet and what they do on the field. Of those 30 players, only 10 were on the team last year to notice the changes that have occurred since Foti was released and new head coach Ian McIntyre was hired. The veterans have embraced the new players and the changes that came with McIntyre’s coaching. ‘It can be a little bit awkward when you’re returning and you see the number of new faces in the locker room exceeds those of the returners,’ McIntyre said. ‘But the older guys are leading by example. I refer to them as the cultural architects of our program. They set the standard, and ultimately they’re the leaders of the group.’AdvertisementThis is placeholder text The most obvious change is in the playing style. McIntyre tried out a couple of formations, but for now has settled on a 4-5-1, which fosters an attacking style of play. In this formation, there is only one defensive midfielder, said senior forward L.J. Papaleo. Last year, there were two. This allows more players to push forward, leaving only five field players and a goalie behind to defend. Last year, the team played a possession game, keeping the ball in its own half and advancing little by little. For most of the returnees, the adjustments have been minimal. Senior midfielder Geoff Lytle said he does not feel he has had to make any changes to this style of play. But Papaleo has had to get used to receiving the ball up top instead of having it going through the midfield. ‘There’s more playing direct,’ Papaleo said. ‘I’m more the point man. I hold up the ball, lay it off to a midfielder. Whereas last year, it was more play the ball through to me, and I’d run on to it.’ Aside from changes on the field, the 10 returnees have encountered changes in the chemistry of the team, as well. In fact, Lytle said team chemistry was the biggest difference this year. As old and new players have gotten to know each other, integration has not been a problem. ‘In the locker room, everyone talks to everyone,’ Papaleo said. ‘Last year there were cliques, and that kind of brought our team down. Everyone’s just one unit together.’ Starting over the summer, the veterans reached out to the newcomers by sending them letters and e-mails. Sophomore goalkeeper Ryan Jones helped organize the communication. Federico Agreda, a forward who transferred from Garden City Community College, was one of the recipients. Agreda said he found the information helpful upon his arrival at Syracuse. ‘It said (things) about the life here,’ he said. ‘To keep yourself away from the trouble, the parties, the drinking. How to manage your time, especially because there are so many people here. And control yourself, because we’re part of a team here.’ This team’s slogan for the year is ‘Maximum effort is the minimum requirement.’ This saying comes from McIntyre, and so does the motivation to live by it. Whether it was the advice in Jones’ letters or an atmosphere formed during preseason, Lytle said the team has taken the saying to heart this year. Last year, it might have just been a slogan. So 60 feet, all clad in laced-up cleats with Nike socks, walk on to the field as the SU soccer team. There is no telling which players were there last year and which are just getting used to the grass of the SU Soccer Stadium. There is just one obstacle left for the returners to overcome. Said Lytle: ‘The hardest part would be understanding the new guys from Sweden.’ alguggen@syr.edulast_img read more