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Archive for August, 2007

Long Island’s Most Dangerous Roads

August 5th, 2007 No comments

Department of Transportation (DOT) has compiled the reportable* car-crash data on the “State Roads” in Long Island (i.e., about 1/4 of all the accidents). According to the data, Southern Parkway has five of the ten most accident-prone sections.

Here’s the map showing the worst 91 locations in Long Island. Check it out!

* An accident is “reportable” if it resulted in death, injury, or property damage over $1,000.

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Effect of Weak Dollars Against Colombian Peso On Flowers

August 5th, 2007 No comments

PesoApproximately half of all the flowers consumed in the US comes from Colombia, including almost 80% of roses.

Like most of South American exporters, Colombian flower growers are paid by dollars. The US dollar, however, in the last four years has depreciated by as much as 30% against Colombian Peso. In other words, the Colombian growers are now being paid 30% less than they were just four years ago.

Their expenses, on the other hand, have to be paid in Peso and have kept rising during the same time period because of the inflation in Colombia. Labor cost, for example, has increased by 33%.

The combined effect of decreasing revenue and increasing expenses has been devastating for Colombian flower growers. Many are laying off the employees, cutting the cost to the base minimum, or simply going out of the business.

We expect that qualities of Colombian flowers (i.e., mostly roses) may decline in the future. At the same time, the prices may increase. We will keep you updated on the issue.