About: http://data.cimple.eu/news-article/38d4dbb747dac64e45492788723f84bb3a83aade71ff2ccf8cee3fcc

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About: http://data.cimple.eu/news-article/38d4dbb747dac64e45492788723f84bb3a83aade71ff2ccf8cee3fcc Goto Sponge NotDistinct Permalink

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rdf:type	schema:NewsArticle
schema:articleBody	Ivory Coast, the world's biggest cacao exporter, said Thursday it would hike the guaranteed minimum price for farmers by 21 percent for the 2020-2021 growing season. The announcement was made by President Alassane Ouattara at the start of an annual trade fair for the cacao industry, the West African country's biggest economic sector. "We have decided to increase the price from 825 to 1,000 CFA francs (from $1.48 to $1.79) a kilo," he said to applause from cacao farmers in the capital Yamoussoukro. The price floor is set once a year. The announcement comes in the run-up to a presidential election on October 31 in which Ouattara is controversially seeking a third term in office. Critics accuse him of tweaking the constitution in order to reset the two-term presidential limit of tenure back to zero. Around 15 people were killed in clashes in August, and the opposition has called on the public to carry out "civil disobedience." Ivory Coast produces more than 40 percent of the world's cacao -- the raw ingredient for chocolate, grown from cocoa beans. The 2020-21 harvest in Ivory Coast is likely to be the same as in 2019-21, at around 2.1 million tonnes, according to the International Cocoa Organisation (ICCO), an estimate that depends on political calm. Cacao accounts for between 10 and 15 percent of the country's gross domestic product (GDP) and nearly 40 percent of its export revenue, according to the World Bank. At least five million people, or about a fifth of the population, depend on the sector for work. de/ri/dl
schema:headline	I.Coast hikes cacao minimum price by 21 percent
schema:mentions	Yamoussoukro Trade fair Alassane Ouattara Cocoa bean 2012 United States presidential election CFA franc Ivory Coast World Bank Gross domestic product President of the United States International Cocoa Organization Price floor Civil disobedience
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2020-10-01 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	neutral sentiment
http://data.cimple...readability_score	67 (xsd:integer)
http://data.cimple...tology#hasEmotion	happiness

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