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Despite improvements, relocated Panama Islanders miss their old home

China

China

China

Despite improvements, relocated Panama Islanders miss their old home

2024-08-07 13:32 Last Updated At:14:27

Many residents relocated from Panama's low-lying island of Carti Sugtupu to Nuevo Carti (New Carti), a newly built settlement by the Panamanian government, are expressing nostalgia for their old home as they adjust to their new life.

The new mainland settlement was built by the government to protect residents on this Caribbean island from sinking caused by rising sea levels due to climate change.

The neighborhood has over 300 homes, with many still under construction. Each family relocated from the island receives a 41-square-meter, two-bedroom home with running water and electricity. Now, over 1,000 of the approximately 1,200 inhabitants have been relocated.

Some residents find life more convenient here due to reliable utilities and more space for children to play, but they have nonetheless expressed longing for the island, which is closer to the beach and filled with shared memories.

Ignacio Martínez Santos, a 78-year-old resident who just moved from the island to his furnished new home, says that he loves his new place but still misses his former life.

"For me, life was happier on the island. I could bathe in the sea. I love life on the island because I lived there for a long time. My ancestors also lived there. I was born and raised on the island," said Santos.

In addition to nostalgia, another challenge for the islanders is finding suitable work, with some already preparing to grow crops like pumpkins, bananas and pineapples on plots in front of their homes.

Nely Delgado, a relocated resident, quickly opened a small shop in the new community, while her husband uses his culinary skills learned in Panama City, capital of Panama, to bake bread for the community. Though the couple is quickly adjusting to their new life, Delgado feels uneasy about the fact that her elderly mother refuses to leave the island.

"We feel good living here, but I miss my relatives who remain, especially my mother. I miss the sea and everything about the island," she said.

The new community's infrastructure is gradually improving, with plans to build a new school.

In reality, the relocation of indigenous communities on Carti Sugtupu is just one example of the region grappling with the adverse effects of climate change. As many more Caribbean islands face the threat of being submerged, the Panamanian government is assessing the next island in need of relocation.

Despite improvements, relocated Panama Islanders miss their old home

Despite improvements, relocated Panama Islanders miss their old home

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Beijing consumer gold market remains hot despite rising prices

2024-09-17 04:15 Last Updated At:08:17

Beijing's consumer gold market has been running hot during the Mid-Autumn Festival holiday, despite recent rises in the gold price on international markets.

Last week, the main contract for gold futures on the New York Mercantile Exchange (COMEX) has risen to over 2,600 U.S. dollars per ounce.

At a gold shop in Beijing's Xicheng District, the price of pure gold jewelry went up to about 737 yuan (about 104 U.S. dollars) per gram, but many shoppers are still looking to buy gold jewelry especially during the Mid-Autumn Festival holiday and the end-of-summer wedding season.

"It is now more than 700 yuan (about 98.7 U.S. dollars) per gram, but when we were here about two months ago, it was only just above 600 yuan (about 84.6 U.S. dollars) per gram," said a customer.

"I'm getting married, so I came to have a look. Even if the price goes up, we still have to buy it," said another customer.

"I had nothing to do during the holidays, so I came here to take a look [at the gold jewelry]. I just bought a lucky charm bead and now I want to take a look at the bracelet," said another customer.

At the shop's gold investment counter, many consumers have been making inquiries about gold bars, which has long been considered a safe investment, although experts recommend caution in the rising gold market.

At the shop's gold investment counter, many consumers have been inquiring about gold bars, which have long been considered a safe investment. However, experts recommend caution in the rising gold market.

"Many investors will buy gold bars for medium- to long-term investment based on their expected price as part of their overall family asset allocation. We suggest that investors be more rational in their decisions," said Li Yang, a senior gold investment analyst.

Beijing consumer gold market remains hot despite rising prices

Beijing consumer gold market remains hot despite rising prices

Beijing consumer gold market remains hot despite rising prices

Beijing consumer gold market remains hot despite rising prices

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