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Predatory European ships push Indian Ocean tuna to the brink

Predatory European ships push Indian Ocean tuna to the brink by Malavika Vyawahare on 19 April 2021 The Indian Ocean yellowfin tuna stock is teetering on the verge of collapse and some experts say the EU, which has profited the most from the fishery over decades, should do more to save it. EU-controlled ships, including those flagged to smaller coastal states like Seychelles, haul in the lion’s share of Indian Ocean tuna, supplying a market worth billions of dollars. Overfishing by these vessels, and the EU’s less-than-ambitious proposal to restore the yellowfin stock, has led to allegations of a “neo-colonial” plunder of resources that many developing nations depend on.

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Is Europe Pursuing a 'Neo-Colonial' Plunder of Resources In the Indian Ocean?

Duty-free access of tuna exports in European markets saves them a 24% tariff.

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Red flag: Predatory European ships help push Indian Ocean tuna to the brink

The Indian Ocean yellowfin tuna stock is teetering on the verge of collapse and some experts say the EU, which has profited the most from the fishery over decades, should do more to save it. EU-controlled ships, including those flagged to smaller coastal states like Seychelles, haul in the lion’s share of Indian Ocean tuna, supplying a market worth billions of dollars. Overfishing by these vessels, and the EU’s less-than-ambitious proposal to restore the yellowfin stock, has led to allegations of a “neo-colonial” plunder of resources that many developing nations depend on. This is the first story in a two-part series about the effect European tuna fishing has on the economy and marine environment of Seychelles, an archipelagic nation in the Indian Ocean.

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Auburn puts 7 city properties on the market to spark development

The city of Auburn has put seven city-owned properties up for sale, in the latest step of an aggressive new economic development strategy. The property  six lots and a historic church  are downtown, in the New Auburn area and a nearby corridor. Both are spots the city said are highly desirable to developers. The move comes after Auburn officials in November announced a new focus on economic development and restructured its city economic development department. In January, Mayor Jason Levesque also invited developers to build 2,000 market-rate homes in the city. Levesque and other officials hope to send a message to developers that Auburn is ready to grow, a news release about the property listings this week said.

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Bangor concrete company expands to Auburn

Read Article N.S. Giles Foundations Inc., a concrete and foundations company from Bangor, is opening a local branch in Auburn to have better access to the southern Maine market. This week the Buzz is building for 2021 and beyond. First up: A $5.2 million investment and new Bangor neighbor for Auburn. Bangor-based N.S. Giles Foundations Inc. will move into a new office and shop at 46 Wrights Landing to grow the company’s reach into Southern Maine, according to President Shane Giles. He said the new location, which should wrap construction this summer, will give the company a good regional base to better oversee local projects as well as help with speed and efficiency.

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