Saint Helena Saint Helena Background Uninhabited when first discovered by the Portuguese in 1502, Saint Helena was garrisoned by the British during the 17th century. It acquired fame as the place of Napoleon BONAPARTE's exile, from 1815 until his death in 1821, but its importance as a port of call declined after the opening of the Suez Canal in 1869. Ascension Island is the site of a US Air Force auxiliary airfield; Gough Island has a meteorological station. Saint Helena Economy The economy depends largely on financial assistance from the UK, which amounted to about $5 million in 1997 or almost one-half of annual budgetary revenues. The local population earns income from fishing, the raising of livestock, and sales of handicrafts. Because there are few jobs, 25% of the work force has left to seek employment on Ascension Island, on the Falklands, and in the UK. Saint Helena Location islands in the South Atlantic Ocean, about midway between South America and Africa Saint Helena Flag blue with the flag of the UK in the upper hoist-side quadrant and the Saint Helenian shield centered on the outer half of the flag; the shield features a rocky coastline and three-masted sailing ship
|
