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Business & Economics
Year after Coup, Madagascar's Leaders Face Sanctions
On the anniversary of the coup d'etat of March 17, 2009 in Madagascar, individual sanctions are about to be imposed upon the current leaders of Madagascar for not respecting the resolutions of Maputo that were previously agreed upon by all participants. This decision come after a warning a month earlier from the African Union and the International Contact Group and follow several annulments of international trade accords that have affected the local industries. They also come on the heel of reports by Amnesty International and the US State Department that document multiple human rights violations and ongoing illegal international trafficking of precious rosewood from Madagascar rain forests. According to a Malagasy insider, the individual sanctions would result in a freeze of the financial assets of the people present in the list and possible arrest if they travel outside Madagascar (fr).
The government remains defiant in the face of the impending sanctions, arguing that only national elections will provide an effective exit to the crisis. The organization and monitoring of these elections are not clearly defined yet and parliamentary elections have already been postponed from the initial proposed schedule.
The political deadlock is compounded by humanitarian concerns caused by Tropical Storm Hubert that killed 14 and left 37,891 homeless after making landfall earlier in the week.

- Flooding caused by Tropical Storm Hubert in South East Madagascar
(Photo credit: Global Green Grants Fund)
Reflecting upon the upcoming sanctions on national Malagasy leaders, Citoyenne Malgache, a blogger based in Madagascar, has mixed feelings about the possible consequences for the everyday Malagasy citizens. She is torn between satisfaction and fear (fr):
Contente ? Si l’Union Africaine ne se contente pas de sortir sa liste des sanctionnées, mais présente aussi au peuple malgache (celui de 19 millions et pas celui de 912 personnes) les actions concrètes et immédiates pour la mise en œuvre des accords de Maputo [..] Worried ? En réaction à ce que l’Union Africaine dira ou fera, la troupe à Rajoelina et leurs bandes armées pourraient faire de la résistance[..] Ce 17 mars, je me demande quel monde je trouverais à mon réveil
Satisfied? Only If the African Union is not just posting the list of the penalized perpetrators but also presents concrete and immediate actions to the Malagasy people for the implementation of the Maputo agreement[..] Worried ? Depending on what the AU will decide to say or do, Rajoelina's group and their armed forces may provide resistance [..] On March 17, I wonder in what world I will wake up toMadagoravox is also dreaming of a country with different standards as to not have to go through this cycle of crisis ever again (fr):
On pourrait aussi rêver d’une action politique qui ne serait le fruit ni de rencontres occasionnelles, ni d’un calcul personnel, ni d’une ambition partisane, mais le fruit d’une morale, d’une éthique qui engagerait pleinement chacun
One can dream of politics that would not come from sporadic meetings, personal agenda, or partisan ambition, but politics that would be the fruit of commitment to personal morals and ethics.Ndimby thinks that a true exit to the crisis can only be reached through an in-depth dialog between former foes and not the make-believe meetings that both parties held earlier and that were consensual only on the surface (fr):
L’unilatéralisme ne réside pas dans l’absence ou la présence de débats mais dans le fait que le cadre du débat est déjà dès le départ tellement orienté, qu’il a empêché de parler sérieusement des choses essentielles, et de réunir les personnes qui comptent vraiment dans la résolution de crise
Unilateralism is not about whether there was a debate or not but it comes from the fact that the bases of the debate were already so skewed that it prevented a conversation on important subjects and to rally the leaders who can truly bring a resolution to the crisis.An initiative called “Mitsangana” (Stand Up in Malagasy) to get politicians from all parties to respond to question from Malagasy citizens has been created on Facebook.
While the crisis perseveres, the social toll is gradually increasing. Health workers and physicians were on strike for months and factory workers were seen gathering outside a factory that plans to let them go in April.

Workers protesting outside a factory in Antananarivo
(Photo credit: “Mitsangana” facebook group)
As is often the case, rural communities are often more dramatically affected by poverty. Louise, from Southern Madagascar, tells her story of hardship and explains that the many changes over the years have depleted her region of land resources and fish species:
People in Ilafitsignana are now deprived of their farmland… As a result, there are many more people living off fishing, and resources are no longer enough… Ambatsy and sâro are almost non-existent. fiambazahaare still around but not as many…angora lo and varavarà were so easy to catch in the past but are almost non-existent now… tofoky are also hard to find (author's note: names in italics are species of fish in Malagasy)
According to the World Bank, the struggle of the Malagasy economy has already forced the government to slash $200 million USD for the public service from their national budget. Achille52 explains that the educational system is the first to suffer and that this budget cut will have dire consequences on the future of the nation (fr):
C’est le manque de financement qui est la plaie de l’enseignement publique, les enseignants ne sont pas motivés à cause de leur salaire minable, et les enfants issus de la classe défavorisé ne sont pas assez concentrés. Et si on supprime les aides qui subsistent, où va-t-on ?
Lack of funding is the main problem for public schools. Teachers are not motivated enough because of their miserable salaries and the children of the disenfranchised classes are not focused on school work anymore. If we cancel subsidies now, where are we headed to?
Categories: Business & Economics
Top 10 Home Based Businesses to Start with Little Capital
Top 10 home based businesses to start with little capital
Contributor: Victoria Tiegert
Published: Mar 14, 2010
Categories: Business & Economics
Formulas for Competitive Comparisons and Measurements of Performance for Insurers: Practice Questions and Solutions
Section 98 of The Actuary's Free Study Guide for Exam 5 offers five practice questions and solutions regarding competitive comparisons and measurements of performance for insurers.
Contributor: G. Stolyarov II
Published: Mar 13, 2010
Categories: Business & Economics
Skip Tracing when Consumers Owe Outstanding Debt
How Skip Tracing works when collection agencies are trying to locate missing consumers.
Contributor: Pammila Allen
Published: Mar 13, 2010
Categories: Business & Economics
Are Ex Mortgage Brokers and Originators Doing Loans Despite the National Mortgage Licensing System or NMLS
The NMLS, National Mortgage Licensing System, was created to help eliminate mortgage fraud, bad mortgage brokers and originators. Instead kickbacks are allowing those without a legal license to still receive payments on homeowners loans
Contributor: Mrs. Mon E. Penny
Published: Mar 13, 2010
Categories: Business & Economics
3 Things Your Website Should Do for Visitors
Every business nowadays has a website, but not all websites are effective. A web presence is an important aspect of competing in today's environment, but throwing up a website without planning is worse than not having one at all.
Contributor: Natalia Jones
Published: Mar 13, 2010
Categories: Business & Economics
Cash in on Your Communication Skills
Just what is consulting? The communication of ideas and tactics for the betterment of a company. So who is qualified and how does one start?
Contributor: Carol Corbett
Published: Mar 13, 2010
Categories: Business & Economics
How to Pay Off Your Mortgage in Under 10 Years
If the idea of paying insane amounts of money in interest makes you lose sleep at night, take a look at these tips on how to pay off your mortgage early.
Contributor: Natalia Jones
Published: Mar 13, 2010
Categories: Business & Economics
Steps to Financial Freedom by Age 40
Achieving financial freedom at age forty is dependant on two important factors; your perspective and your current age. Read on to find out more.
Contributor: Natalia Jones
Published: Mar 13, 2010
Categories: Business & Economics
It Only Takes One: Creating the Social Spark
You as a social media marketer may think: what are the chances some celebrity is going to follow your Facebook or Twitter, or else share your content and spark a viral spike in unique views.
Contributor: Kathryn Lively
Published: Mar 13, 2010
Categories: Business & Economics
Writing for Your Website when You've Run Out of Things to Write
If ever you find it a challenge to crank out a minimum of 300 words designed to promote your products and services you may wish to employ a few writing exercises designed to stimulate your brain.
Contributor: Kathryn Lively
Published: Mar 13, 2010
Categories: Business & Economics
Financing SR ED - Canadian Working Capital Solutions
The article discusses financing SR ED claims, which are Canadian tax credits that can be moneitzed into cash flow and working capital .
Contributor: Stan Prokop
Published: Mar 13, 2010
Categories: Business & Economics
Inventory Financing - Canada
The article discusses inventory financing in Canada as a component of working capital financing for Canadian firms - inlcluding options and current financing availability .
Contributor: Stan Prokop
Published: Mar 13, 2010
Categories: Business & Economics
Deputy Governor, RBI for extending banking facilities through ICT initiatives in J&K
Jammu,March 13 (Scoop News) – -A high level meeting of senior officials of the commercial Banks functioning in Jammu and Kashmir State was held under the Chairmanship of Deputy Governor, Reserve Bank of India,Mrs. Shyamala Gopinath in Jammu.
The meeting discussed issues relating to financial inclusion, credit flow to agriculture, industry including tourism and handicrafts, with the bankers.
She impressed upon the bankers to make all out efforts to reach to the common masses having no banking facilities through Information and Communication Technology (ICT) initiatives as a part of its Platinum Jubilee Celeberations.
The meeting among others was attended by Regional Director, RBI, Mr Arnab Roy, Commissioner Secretary, Finance, Mr Sudhanshu Pandey, CGM NABARD Mr M L Sukhdev and Executive Directors of J&K Bank.
In another function,Deputy Governor, Reserve Bank of India, Mrs. Shyamla Gopinath today launched Smart Card facility at village Debrah in Udhampur as part of new initiatives under financial inclusion programme.
During an out reaching programme as a part of Platinum Jubilee celebration of Reserve Bank of India, at village Debrah, the Deputy Governor RBI, said that the introduction of IT-enabled financial inclusion facilitates easy payments to beneficiaries under various schemes of the State and Central Governments such as Social Security Pension Schemes and Mahatma Gandhi National Rural Employment Guarantee Scheme (MNREGS) which could be directly deposited in their bank accounts at their door steps.
Under the financial inclusion through smart card, Mrs. Gopinath apprised that RBI has adopted a total of 160 villages in the country, which include eight in Jammu and Kashmir and one in Udhampur district to ensure cent per cent financial services even to such people having income and poor background. In Jammu and Kashmir state, J&K Bank is implementing the programme, she added.
On the occasion, Deputy Governor also presented a detailed account of the role and responsibility of the RBI besides various schemes for the benefits of the consumers. She exhorted upon bank officers to hold awareness camps in far flung areas of the district so that rural people could be educated about the various banking schemes.
The Dy. Governor also mentioned of the young scholarship scheme of RBI for under graduate students and added that the youth could avail the opportunity through a competitive examination.
The District Development Commissioner, Udhampur, Mr. Baseer Ahmed Khan lauded the efforts of RBI for adopting village Dabrah in the district under 100 percent financial inclusion through Smart Card facility. He said that this initiative of financial inclusion would make the timely payments of wages under DRDA and MNREGS near to their door steps thereby ensuring promotion and nurturing of self help groups and other credit groups for their socio- economic prosperity.
Among others, Executive Director Jammu and Kashmir Bank, Mr. A.K.Mehta, Chief General Manager NABARD, Mr. M.L.Sukhdeve, also spoke on the occasion and highlighted the various aspects of financial inclusion.
Regional Director RBI, Mr. Arnab Roy presented well come address.
Later, Mrs. Gopinath also handed over Smart Cards to the beneficiaries of the village Dabrah and students of local educational Institutional also presented a colourful cultural programme which was highly appreciated by the audiences.
Categories: Business & Economics
Best Ways to Avoid a Bank Account Garnishment
Here are ways to avoid a bank account garnishment. If you have a bank account, the money in the account can be used to pay for an unpaid debt.
Contributor: Janet Harman
Published: Mar 13, 2010
Categories: Business & Economics
Printable Coupons: Crest Toothpaste and Crest Whitestrips Savings
Printable coupons of Crest Toothpaste and Crest Whitestrips have become very popular. These coupons can be used to save some of your expenditure
Contributor: mdlawyer
Published: Mar 13, 2010
Categories: Business & Economics
Financing SR ED - Canadian Working Capital Solutions
SRED Financing, also called 'SR&ED' Financing, is a great working capital financing solution for Canadian companies seeking additional cash flow financing.
Contributor: Stan Prokop
Published: Mar 13, 2010
Categories: Business & Economics
Things to Remember While Writing Articles on Associated Content
If you are writing articles for Associated Content, you should follow some rules. Otherwise, your account with Associated Content may be banned. My article is about those rules that you should know about Associated Content.
Contributor: Tamal Krishna Chandra
Published: Mar 13, 2010
Categories: Business & Economics
How to Earn Money by Reviewing Things at Ciao?
Ciao is a place to earn money by reviewing things. Not only that, if you can write good number of reviews, you can earn good residual money. This article is about each and every single information that you should know before you join Ciao.
Contributor: Tamal Krishna Chandra
Published: Mar 13, 2010
Categories: Business & Economics
What is Better of You - Reviewstream or Ciao?
Both Reviewstream and Ciao are good sites to earn money by writing reviews. But if you want to join any of these sites, you should have some basic idea about how both sites work. This article is written to help you make your decision.
Contributor: Tamal Krishna Chandra
Published: Mar 13, 2010
Categories: Business & Economics