Somali Food Security Crisis Essay Example | Topics and Well Written Essays - 750 words

Somali Food Security Crisis - Essay Example Based on the UNHCR reports almost a million of its citizens are internally displaced. The food price crisis in the country is on the rise due to a wide range of macroeconomic shocks which are principally driven by the increase in civil insecurity, and conflict which has been the worst the state has seen ever since its collapse in the early 1990s. The most overwhelming macroeconomic surprise is the dramatic devaluation of its currency. Following unrestrained and excessive printing of the shilling currency, notes began to deluge the markets in 2007, quickly increasing the money supply and sending the worth of the Somali currency into freefall. The Somali Shilling deflated by 145% in opposition to the US dollar in 2007 and by 150% in the following year. Due to this, imports have become more expensive, and the amplified costs have resulted in high prices borne by consumers. Apart from the soaring food prices, little rainfall is also to be blamed for the increase in the food crisis. Somal ia is located at the Horn of Africa where little or no rainfall is experienced in the country. Majority of the country’s land is arid or semi-arid within limited areas being fertile for farming. Lack of rainfall coupled with minimal farming activities has resulted in the lack of food that can sustain the population; hence, the crisis. Military conflicts have resulted in mass displacement, in addition to blockades of a number of big towns. This has restrained the availability of both locally produced staples and imported.

Hamilton Term Paper Example | Topics and Well Written Essays - 1750 words

Hamilton - Term Paper Example In 1815, there was a chopping mill that became the forts industry in this area. The area grew speedily which was aided in 1827 by a channel to Burlington Bay that is in line with Lake Ontario. In 1833, Hamilton was incorporated as a police village where a legislature was thereafter passed where it was able to establish a market1. When the town of Hamilton was first incorporated in 1833, its first order of business was to establish place for its board to meet where they met at local taverns like Thomas Wilson Inn at Jackson Streets. Hugh Cossart Baker established the first life insurance company in Canada.2 It later became the first functioning railway that transformed Hamilton into a major center for the immigration route from Boston and Newyork to Chicago. In 1856, the town saw the first locomotives built. In 1862, Hamilton town invested in the Great Western Railway and at the end of the Depression in 1862, the population in the town had dwindled since it was not able to meet the interests on its bonds held by British investors. In the 1870s era the town started to have a financial edge and shifted to an economic strategy of attracting the industry. It saw the birth of working class in 1872 and unionists that created the Nine Hour Movement that was to fight for limited hours to nine daily by the government. The same era saw the Bank of Hamilton established which lasted until 1924. It merged with The Commerce that later became the Canadian Imperial Bank of Commerce. In 1847, the town established the first department store. The town played a huge role in the telephone development. In 1877, Hugh Cossart Baker Jr established the first commercial telephone in Canada in the town of Hamilton. He also established the first telephone exchange in the British Empire. He made the town to be the first commercial site for long distance telephone line in the British Empire. This paved