Here is a picture of an editing room where I am working on my first report for TVM. It's about price increases in Male restaurants. One of the things I was quick to realize after arriving here was that it is not only the U.S. that is experiencing hard economic times. The Maldives as well is experiencing a recession. The government is also running a substantial deficit, and is having trouble trying to bail itself out. In stores there has been almost 4 precent food inflation, and some restaurants have had to raise prices by as much as 8 percent in just the past week. The effects of the world food shortage are more pronounced here. Some restaurants are having trouble finding the ingredients they need. “We don’t have that” is a phrase heard all too commonly in Male restaurants these days. Some of the food in stores is stale or rotten. It doesn’t take long to realize that the economy could use a boost as everyone copes with higher prices for food and oil.
1 comment:
Hi Drew, Gas here is now $4.65agal.for regular. Good bread is about $4.00 mindymacbank is going down their stock went from #45.00 a share to 42cents. However we have good food if you have the money to pay for it. I like your blue shirt. Ellie
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