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3. GUINEA - GDP per capita: $414
Inflation rate: 8%
This West African nation sits on 30% of the world's known bauxite reserves but has trouble attracting productive investment. Poorly maintained roads, military coups and constant government meddling in private business have slowed investments like a $5 billion Guinea Alumina project with Abu Dhabi and BHP Billiton. Says the U.S. State Department: "Many companies already operating in Guinea have slowed exploration efforts considerably in fear that falling prices and government intervention could precipitate massive investment losses."
4. SIERRA LEONE - GDP per capita: $310
Inflation rate: 11%
Rich in diamonds, titanium and other commodities, Sierra Leone might finally be getting its act together. The IMF projects 4.7% GDP growth in 2010 and a 2008 anticorruption act has led to the removal of at least 13 government officials, including the vice-president's chief of staff. But with exports of just $205 million last year, Sierra Leone struggles with a current account deficit of almost 9%.
5. NICARAGUA : GDP per capita: $971
Inflation rate: 1%
The government of socialist President Daniel Ortega might be popular with leftists elsewhere in South America, but it isn't delivering the goods at home. The second-poorest country in the Western Hemisphere after Haiti, Nicaragua actively discourages foreign investment and its citizens suffer from blackouts, water shortages and high energy costs that disproportionately hurt the poor.
THE FIVE WORST ECONOMIES IN THE WORLD :
Lets see if they can actually pull it off
ITALY VS PARAGUARY starting soon
Boston. No way!!
Cant believe Japan is up in their game right now
did you have yourself a good weekend????
GeckoSystems Intl. Corp. (PINKSHEETS: GCKO) (http://www.geckosystems.com/) -- announced today that an Indian robot company had expressed interest in a joint venture focused on the Indian marketplace. They would be licensing GeckoSystems' suite of mobile robot solutions for manufacture and sale into India.
GeckoSystems is a dynamic leader in the emerging mobile robotics industry revolutionizing their development and usage with "Mobile Robot Solutions for Safety, Security and Serviceâ„¢."
"As all of us here at GeckoSystems are excited about this development, due to the nature of the upcoming discussions I feel it is in the best interest of all parties involved to withhold the name of this new Indian company at this time. No doubt their interest is due in part to the reality of our world's first in home elder care robot trials.
"This company's senior management team is very impressive. They have not only the technical, robotics centric education and expertise, but also two of their co-founders have MBA's. Their probable interest is due to, not only our flagship technology, our proprietary automatic self-navigation software, GeckoNavâ„¢, but also the reality that we have a complete multitasking personal assistant robot, the CareBotâ„¢. Our personal assistant robot, the CareBot, has interactive and 'command and control' capabilities enabled by GeckoChatâ„¢ and GeckoSchedulerâ„¢, and the ability to routinely follow a designated family member with GeckoNavâ„¢ and GeckoTrakâ„¢. This Indian company has particular interest in the joint development of a low cost, four degree of freedom (DOF) robot arm appropriate for light industrial and consumer applications, such as our CareBotâ„¢.
"GeckoSystems' increasing visibility in India and the continuing positive reaction to our innovative mobile robot solutions and products allows GeckoSystems the opportunity to become established as a significant player in India with the right partners to supply cost effective solutions for security, eldercare, manufacturing, etc. and to develop other products tailored specifically for the Indian marketplace," commented Martin Spencer, President/CEO, GeckoSystems.
GeckoSystems has projected the Pacific Rim personal robot sales forecasts in the eldercare markets for the years 2011 to 2015. For over ten years the company has had numerous market size discussions with significant international firms in China, India, Japan, South Korea, Hong Kong, and Taiwan. The company projects the available Pacific Rim market size in dollars for cost effective, utilitarian, multi-tasking personal robots suitable for eldercare in 2011 to be $22.0B; in 2012 to be $23B; in 2013 to be $24B; in 2014 to be $25B; and in 2015 to be $26B. With market penetrations of 0.009% in 2011, 0.024% in 2012, 0.077% in 2013, 0.29% in 2014, and 0.61% in 2015, we expect international sales, from these consumer markets only, of $2.0M, $5.5M, $18.5M, $72.6M, and $158.6M, respectively.
"To increase shareholder value, we have offered to this professionally managed Indian robot company to spin off a publicly traded subsidiary of GeckoSystems to all our stockholders for the Indian company's use such that they may benefit from access to US equity markets. This would be a type of stock dividend," summarized Spencer.
ACDU up 33%, great news this morning
Thank you sir!!! love your board here, was invited over by some of your members, they are great
Gold futures turned lower in electronic trading Monday as investors snapped up stocks, oil and other assets perceived as yielding higher returns if the global growth outlook brightens. Gold for August delivery fell $1.60, or 0.1%, to $1,228.60 an ounce. Silver, copper and platinum stayed higher. Gold had risen earlier, buoyed by a drop in the dollar against the euro. But appetite for riskier assets weighed on bullion, said Pradeep Unni, an analyst with Richcomm Global Services in Dubai. Gold hit a record last week on fears about Europe's debt problems and the global recovery. European and Asian stock indexes rose Monday, and U.S. stock futures pointed to a higher open.
GOOD MONDAY MORNING TO ALL !!!
Congrats on last night!
United States Oil and Gas Corp (PINKSHEETS: USOG), announced that its operating subsidiary, Turnbull Oil, won a contract to deliver 85,000 gallons of propane to a private highway maintenance firm. The gas will be delivered over the course of about two weeks during the month of June, and will be used as part of a resurfacing project in the State of Kansas.
Chairman and CEO Alex Tawse commented, "Retail sales of propane are typically concentrated during the winter months when the weather is the coldest and the need for propane-fueled heating is the greatest. So, additional contracts such as this one benefit our bottom line and help us expand into other revenue streams. This sale alone almost doubles the volume of propane sold in June 2009."
perfect spot for a meeting, great idea
Netherlands VS Denmark just started!
GOOD MORNING TO EVERYONE!!
Glad your Hawks won it this week, great to see them finally pull it off ... they still have many years ahead of them
great finish here today, looking awesome
Major float if she is involved for sure
Things dont seem too exciting here today
Good afternoon to all !!
DRSV is brewingggggggg
thank you sir, watching it right now
Wow, South Africa just scored!
MEXICO AND SOUTH AFRICA WITH NO SCORE AFTER FIRST HALF
pay attention Wiseman
Enjoy the pre-op ... we see you later on!
I think anything in relation to IHUB would be a conflict of interest to list publicly, no??
*** IDLM FOR NEXT WEEK ***
I like them nice and tight
THRA holding steady this morning!
I would love to score between their posts.
KICK OFFFFFFFFFF!!!!!
Here they come!!!
Support seems quite strong
nothing wrong with a girl holding a ball
Does ENTI support soccer?