Future for Liberia's rubber farmers shaky amid economic woes

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The rubber industry in Liberia has gotten so bad that some farmers are cutting down their rubber trees with hopes of producing palm oil instead.

and Firestone recently announced plans to lay off 374 people with the company citing the impact of the global COVID-19 economic crisis among other factors.

Even before the pandemic, Firestone had imposed a moratorium on purchasing rubber from small-scale independent farmers like Reeves. What most thought would be a month turned into nearly six, with the company citing COVID-19 precautions and an oversupply of rubber. Now the company plans to lay off hundreds who work at its plantation site.

Now the company, operating here since 1929, says it needs to fire hundreds of its employees. Liberian lawmakers tried to stop the move but were unsuccessful. Some Liberian lawmakers were particularly insulted by the layoff plan because it initially was to take effect on Liberia’s Independence Day, on July 26. The country began as a settlement for freed slaves from the United States in 1822, but declared itself an independent nation 25 years later. The layoffs have not yet occurred as company officials do the necessary paperwork with the Liberian Ministry of Labor to reduce its workforce.

Richard Johnson Dennis, 55, who farms in the rural town of Gbartala said local rubber purchasers have been taking advantage of the situation. Knowing Firestone wasn’t buying, they offered very little because it was widely known the farmers were desperate.

 

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Imagine being this uncapable of running a functioning society 😂

First., , I'm confident of it.. Now Listen.. It's a dictatorship.. Last school Obamacare was Council folks are at ot hers we make sure this best - not still easy for attack your gun one epidemic du e for public health crisis

Synthetic rubber is more malleable and convertible than natural rubber, cheaper to produce too.

Maybe Trump will buy from them 🤣🤣🤣🤣🤣🤣

Let’s take them and replace Goodyear! Lol

Wow! Biden can't even come up with an original speech. NY Post: Joe Biden faces new plagiarism claim over DNC acceptance speech.

High hopes.

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