Haitian Money

Electricité d’Haïti "deplores and rejects" Dominican Republic deal rumors

PORT-AU-PRINCE, Haiti (defend.ht) - In a press note, Electricite d'Haiti (EDH) vehemently "deplored and rejected" information emanating from certain media regarding the circumstance of the energy sector and business dealings with the Dominican Republic.

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Haiti-DR border markets and traffic in paralysis

DAJABON, Dominican Republic (defend.ht) - A private bus with passengers is stranded on the Haiti side of the border unable to enter. On strike, Federation of Carriers President said "the Dominican people have the ability to paralyze this market and get respect" faced with what he considered an affront, the ban on Dominican poultry products in Haiti.

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SAETA signs $1 Million contract to dress Haiti National Teams

PORT-AU-PRINCE, Haiti (defend.ht) - A week before the two-test matches of Les Grenadier respectively against Spain in Miami and Italy in Brazil, the Haitian Football Federation (FHF) announced through Robert Yves Jean-Bart, a $1 Million contract with the Colombian supplier SAETA, a sponsorship deal to dress all different national teams in the country.

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IMF reduces by 50% projections of economic growth for Haiti

PORT-AU-PRINCE, Haiti (defend.ht) - The International Monetary Fund lowered the projected economic growth of Haiti from 6.5% to 3.4% on Wednesday after a 9 day mission to the nation.

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JetBlue tickets to Haiti on sale Now for as low as $134.00

NEW YORK, USA (defend.ht) - JetBlue has announced its prices for non-stop flights from New York's JFK Airport or the Fort Lauderdale Airport to Toussaint Louverture International Airport in Port-au-Prince. These tickets that are on sale now are $159 one way from New York and $134 one way from Fort Lauderdale, Florida.

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Caribbean Community launches "Aid for Trade" strategy

PORT-AU-PRINCE, Haiti (defend.ht) - The "Aid for Trade" proposal of the Haitian delegation at the Council for Trade and Economic Development Meeting in Montego Bay, July 2010 was launched on Tuesday at the Royal Oasis hotel.

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Haiti: Bankers warn money laundering, terrorism financing law deadline approaches

PORT-AU-PRINCE, Haiti (defend.ht) - The President of the Professional Association of Bankers (APB) on Saturday warned that the moratorium to pass an anti money laundering and terrorism financing law would end on June 15, and if the deadline is not met a cataclysmic collapse of the Haitian economy would ensue.

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Global Index: Peace grows in Haiti despite a World in Conflict

SYDNEY, Australia (defend.ht) - Although the world has become a less peaceful place in the past year, with levels of peace falling 5%, a yearly trend since 2008, the opposite is true for Haiti, resulting with a global ranking improvement of 15 slots; from 107 to 92 in the world.

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Electricité d’Haïti inaugurates power plant and administration in Fort Liberté

FORT LIBERTE, Haiti (defend.ht) - Electricite d'Haiti (EDH) inaugurated a new power plant and announced the opening of a new Commercial and Administrative Building of the Northeast in Fort Liberté. Along with supplying the area with 5 MW of electricity, now customers in Fort-Liberté, Derac, Ferrier, Ouanaminthe, Terrier Rouge, Trou du Nord and surrounding areas can obtain service from the electric company.

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Haiti: Explosion sets Government Building and Marche du Port on Fire

PORT-AU-PRINCE, Haiti (defend.ht) - An explosion at the Maritime and Navigation Service of Haiti building set off a fire that overtook the two-story government structure and the Marche du Port next door.

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"LajanCash": Haiti National Credit Bank incorporates mobile banking

PORT-AU-PRINCE, Haiti (defend.ht) - The National Credit Bank (BNC) launched on Friday, May 24, 2013, at the Royal Oasis, a new product in the banking market, the electronic wallet, "LajanCash." This product will allow any user of a mobile phone to easily and safely make online purchases, receive wages, transfer money, make deposits and withdrawals through ATM machines in the BNC.

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Yunus taps Brazil Foods to develop poultry industry in Haiti

SAO PAULO, Brazil (defend.ht) - Nobel Peace Prize-winning economist, Mohammed Yunus, announced an investment in the Brazilian food production giant, Brazil Foods (BRF), to establish operations in Haiti and develop its poultry industry after a feasibility study in rural and urban processing and research on animal genetics and technology of food for birds was undertaken.

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Haiti: Central Bank Governor responds to declining exchange rate

PORT-AU-PRINCE, Haiti (defend.ht) - The Bank of the Republic of Haiti on Thursday said "the fundamentals are in good shape and the economy is working very well in terms of macroeconomic stability," despite the rapid devaluation of the Haitian gourde to the U.S. dollar.

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White-Mark Entertainment contracts with Caribbean Fever Music Festival at Barclays Center

NEW YORK, USA (defend.ht/DML) - May 22, 2013: Today White-Mark Entertainment (WME) announced its contract with the 2013 Caribbean Fever Music Festival, a premier celebration of Caribbean cultures, cuisine, fashion and music. Presented in partnership with Irie Jamboree, Inc., the Caribbean Fever Music Festival is a three-day live event taking place during Labor Day Weekend on Friday, August 30 through Sunday, September 1, 2013 at the landmark Barclays Center in downtown Brooklyn, New York.

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Two more shipments of rice from Vietnam to arrive in Haiti soon

PORT-AU-PRINCE, Haiti (defend.ht) - After the arrival of a first, 10,000 ton shipment of rice in March from Vietnam, two other rice shipments, 15,000 and 18,000 tons, are expected to arrive in Haiti at the end of May and early in the month of June, respectively. On Friday, the Director of the Monetization Office of the Assistance Development Program, Michael Lecorps, said these shipments would reduce the high cost of life in Haiti.

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Loans between Pledged and Disbursed Health Aid

WASHINGTON, D.C. (defend.ht) - Now, aid groups will be able to obtain financing with a line of credit from Pledge Guarantee for Health, a public-private partnership between the United States and Sweden and commercial banks that aims to get aid recipients, working in health, the money they need faster.

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Carrefour-Feuilles in blackout, EDH apologizes

PORT-AU-PRINCE, Haiti (defend.ht) - Electricity of Haiti apologized to residents in one of Haiti's largest districts, Carrefour-Feuilles, for power rationing caused by the failure of the CAF 2-1 circuit. Although teams are working to repair the circuit, it fears armed intruders may make this operation difficult. This expands the extreme shortage of energy being felt in the metropolitan area.

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Leopard Haiti Fund Makes First Investment in dloHaiti

PORT-AU-PRINCE, Haiti (defend.ht/LeopardCapital) – The Leopard Capital Haiti Fund made it's first investment into dloHaiti, a company owned by Silicon Valley executive Jim Chu. In March 2013, dloHaiti was runner-up in Imagine H2O's annual international competition recognizing the world's most promising water start-ups. Press release:

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Haiti wraps up 2013 Women, Creation and Production Trade Show

PORT-AU-PRINCE, Haiti (defend.ht) - The Women, Creation and Production 2013 Trade Show, the 8th annual, organized by “Voix Essencielle” - Femmes en Democratie, that took place this past weekend was an opportunity for women of different regions of the country to present their creations for export.

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Las Pajas and the Lucky Haitians

LAS PAJAS, Dominican Republic (defend.ht/ReedYoung) - Yoni moved from Haiti to Las Pajas four years ago. His cousin helped him become a citizen after 2 years. If someone asks him if he is Haitian or Dominican, Yoni responds, “Soy legal” (I’m legal). He cuts sugar cane, earning about 300 pesos ($8) every two days. Yoni is also the proud new father of a two-month-old son.

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Book reviews

Haiti Noir

Book Review

The anthology edited by Edwidge Danticat puts a uniquely Haitian spin on the crime genre

"Danticat has succeeded in assembling a group portrait of Haitian culture and resilience that is cause for celebration." - Publishers Weekly