# Liberian economy, industry and natural resources

In the decades after 1945, the Liberian government received hundreds of millions of dollars of unrestricted foreign investment, which destabilized the Liberian economy.

This would have again significantly disturbed the Liberian economy, but America had already in 1942 begun investing substantially in Liberia, in projects related to America ’ s war effort.

This industry created 25, 000 jobs, and rubber quickly became the backbone of the Liberian economy ; in the 1950s, rubber accounted for 40 percent of the national budget.

The American military presence boosted the Liberian economy ; thousands of laborers descended from the interior to the coastal region.

But fighters were being disarmed ; in June 2004, a program to reintegrate the fighters into society began ; the economy recovered somewhat in 2004 ; by year's end, the funds for the re-integration program proved inadequate ; also by the end of 2004, more than 100, 000 Liberian fighters had been disarmed, and the disarmament program was ended.

Throughout the seventies, the world price of rubber was depressed, putting pressure on the Liberian economy.

The Liberian economy soon came to depend on it.

Through subsidiary Finance Corporation of America, Firestone also boosted the Liberian economy with a $ 5 million loan that permitted the government to consolidate and bond debts and fund public improvements.

While in that position, she attracted attention with a " bombshell " speech to the Liberian Chamber of Commerce that claimed that the country's corporations were harming the economy by hoarding or sending overseas their profits.

President William Howard Taft devoted a considerable portion of his First Annual Message to Congress ( December 7, 1909 ) to the Liberian question, noting the close historical ties between the two countries that gave an opening for a wider intervention:

The rise of Charles Taylor's government, the Liberian Civil War, regional instability and human rights abuses interrupted the previously close relations between Liberia and the United States.

He seems to have fought alongside Liberian mercenaries initially, but fighting later erupted between the Ivorian rebels and these mercenaries in April 2003.

A longtime friend of William Tubman, the president of Liberia, he helped form ( 1947 ) and headed as board chairman the Liberia Company, a partnership between the Liberian government and American financiers to provide funds for the development of that African nation.

Community activists are addressing the ongoing conflict between Liberian and African American youth, primarily between the ages of 10-14.

The Liberian Civil War led to a flight of Liberian immigrants, fleeing ethnic struggles between the Kru, Gola and Grebo communities, corrupt government, and political strife.

Subsequently, in the early 1930s concession agreements were signed between the Liberian Government and Dutch, Danish, German and Polish investors.

In a joint venture between the Liberian Government, US Bethlehem Steel and the Swedish mining company Gränges a huge project was set up, LAMCO ( LIBERIAN American Co .).

The dissidents were thought to be mostly Mandinka and Krahn fighters of the former ULIMO-J and ULIMO-K. Also important in forming LURD was an alliance, brokered by ECOMOG-SL Nigerian chief General Maxwell Khobe, between Liberian dissidents and the Sierra Leonean Kamajors hunter militia, including chiefs Sam Hinga-Norman and Eddie Massally.

Upon her election to office, Sirleaf made her first foreign trip as President to neighboring Côte d ' Ivoire, meeting with Ivorian President Laurent Gbagbo in an attempt to repair relations between the two countries following Côte d ' Ivoire's support of the Movement for Democracy in Liberia during the Second Liberian Civil War.

Between 1847 and 1980, the state of Liberia was governed by the small minority of African-American colonists and their offspring, together called Americo-Liberians, suppressing the large indigenous majority of 95 % of the Liberian population.

Doe established a military regime called the People's Redemption Council and enjoyed early support from a large number of indigenous Liberian tribes who had been excluded from power since the founding of the country in 1847 by freed American slaves.

The first Liberian dollar was issued in 1847.

In 1847, copper 1 and 2 cents coins were issued and were the only Liberian coins until 1896, when a full coinage consisting of 1, 2, 10, 25 and 50 cents coins were introduced.

He also wrote the lyrics to the Liberian national anthem, which the country officially adopted when it got independence from the American Colonization Society in 1847.

Following the dissolution of the Republican Party in 1876, the True Whig Party dominated the Liberian government until the 1980 coup, eventually creating what was effectively a one-party state.

* 1980 – In Florida, Liberian freighter MV Summit Venture collides with the Sunshine Skyway Bridge over Tampa Bay, making a 1, 400-ft. section of the southbound span collapse.

* 1913 – William R. Tolbert, Jr., Liberian politician, 20th President of Liberia ( d. 1980 )

The True Whig Party of Liberia is considered the founder of the first single-party state in the world, as despite opposition parties never being outlawed, it completely dominated Liberian politics from 1878 until 1980.

Over time it morphed into a powerful Masonic Order that ruled every aspect of Liberian society for well over a century until it was overthrown in 1980.

In 1971, while living in Monrovia, he joined the Liberian National Guard ( LNG ), which was transformed into the Armed Forces of Liberia ( AFL ) in the aftermath of Samuel Doe's 1980 overthrow of President William R. Tolbert.

Founded in 1869, the party dominated Liberian politics from 1878 until 1980 to the extent that the country was virtually a one-party state, although opposition parties were never outlawed.

* True Whig Party, also known as the " Liberian Whig Party ", Liberia's overwhelmingly dominant political party from 1878 to 1980

Samuel Doe had taken power in a popular coup in 1980 against William R. Tolbert, becoming the first Liberian President of non Americo-Liberian descent.

Sirleaf initially accepted a post in the new government as President of the Liberian Bank for Development and Investment, though she fled the country in November 1980 after publicly criticizing Doe and the People's Redemption Council for their management of the country.

* George Miller ( footballer born 1980 ) ( born 1980 ), Liberian footballer

Quainoo led the force from July 1990 to September 1990, before being superseded by a Nigerian officer in the aftermath of Liberian President Samuel Doe's death.

In its 1930 report the League admonished the Liberian government for ‘ systematically and for years fostering and encouraging a policy of gross intimidation and suppression ’, “ in order to suppress the native, prevent him from realizing his powers and limitations and prevent him from asserting himself in any way whatever, for the benefit of the dominant and colonizing race, although originally the same African stock as themselves ” ( see also Presidency Charles King 1920-1930 ).

Several times the Liberian government borrowed money from English banks on severe terms, and even from local German merchants.

As a result Germany withdrew business from Liberia, causing Liberian customs revenue to decrease significantly.

Also in the 1870s competition from Brazilian coffee and European sugar beets caused a decline in Liberian exports.

During World War I, Germany, at that time Liberia ’ s major trading partner, withdrew from the country, causing Liberian customs revenue to decrease.

Between 1946 and 1960, the Liberian government attracted $ 500 million in foreign investment, mainly American, partly also from multinational corporations.

Under Doe, Liberian ports were opened to American, Canadian, and European ships, which brought in considerable foreign investment from shipping firms and earned Liberia a reputation as a tax haven.

Some Liberian northerners fled brutal treatment from the Liberian army into the Ivory Coast.

He fled Liberia, was arrested in 1984 in Massachusetts on a Liberian warrant for extradition, and jailed in Massachusetts ; escaped from jail in 1985, and probably fled to Libya.

On August 18, 2003, the Liberian Government, the rebels, political parties, and leaders from civil society signed a peace agreement that laid the framework for a two-year National Transitional Government of Liberia.

The noun for a person from Liberia is Liberian ( s ).

The longest serving president in Liberian history was William Tubman, serving from 1944 until his death in 1971.

He was also archpriest of the patriarchal Liberian Basilica ( attested from 1262 ).

According to the Liberian Catalogue of popes, he ruled the Church during the reign of Hadrian " a consulatu Negro et Aproniani usque Vero III et Ambibulo ", that is, from 117 to 126.

Regarding the dates of Sixtus I, according to the Liberian Catalogue of popes, he ruled the Church during the reign of Hadrian " a consulatu Negro et Aproniani usque Vero III et Ambibulo ", that is, from 117 to 126.

* Second Liberian Civil War ( 1999 – 2003 ) – The conflict began in 1999 when a rebel group Liberians United for Reconciliation and Democracy ( LURD ), with support from the Government of Guinea, took over northern Liberia through a coup.

* Former Liberian President Charles G. Taylor was also brought to The Hague charged with war crimes ; his trial stretched from 2007 to March 2011.

A little more is known of Pontian than his predecessors, apparently from a lost papal chronicle that was available to the compiler of the Liberian Catalogue of bishops of Rome, made in the fourth century.

The Liberian catalogue lists his death as being from the hardships of banishment ; however, later sources claim he was beheaded.