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Day: April 4, 2018

Banana truck at a Chiquita plantation near La Lima (HON) (source: private picture).

The costs of lowering social standards

In 2014 Chiquita paid their workers in Honduras private health insurance which cost them a total of 1 million USD per year. Quite a lot of money for a company close to bankruptcy. A few weeks ago they wanted to lower the level of health care services. As a result, workers went on strike for more than 40 days. Bananas worth 30 million USD could not be exported. Is this really worth it?

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