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In 2011,hogan outlet, net foreign inflows in the Indian markets added up to a paltry $380 million compared to $29 billion in 2010. That is bad news for a country that has relied heavily on such foreign investment for liquidity. The European debt crisis and sluggish Western economies were blamed for the drop in outside investors,hollister pas cher, but domestic factors also played a role.
Last year in India inflation remained high and growth began to plummet following a series of interest rate hikes,barbour jackets outlet. The rupee hit a record low against the dollar and has depreciated by nearly 20 percent in the last six months.
Economist Sinha says economic growth will clearly not reach the nine per cent level the government had forecast at the start of 2011. "The last year will see a major slowdown. They expected to curb inflation and improve growth which just did not happen,hogan outlet," he explained. "They were trying to reduce demand in an excessive manner."
India is ranked as one of the world’s fastest growing economies,air jordan pas cher, but analysts say recent months have shown the global economic slowdown has been taking its toll.
India is hoping to attract more overseas funds as it opens its stock markets to individual foreign investors for the first time, but it may not be easy as the allure of the Indian stock markets fades amid a faltering economy.
Starting Jan. 15, the government has announced that individual foreign investors can directly buy and sell Indian equities. Earlier,smanicato moncler outlet, they could only invest through mutual funds or institutional investors. Officials hope the move will reverse last year's trend that saw foreign investors pulling out billions of dollars from the Indian economy. The government also wants to reduce market volatility.
But many economists say it is not likely to have an immediate impact at a time when Indian equities have been ranked among the world's worst performers after losing as much as one quarter of their value in the last year,hollister.&nbsp,hollister;
Anushree Sinha is an economist at the National Council of Applied Economic Research. "If the market is not very healthy,hollister online shop, then the investors will worry,scarpe hogan, and I don't think it will happen so smoothly,abercrombie, Sinha stated. "So I think we will have to put our house in order to get foreign investment."
India announced on Jan. 1, 2011 that it would open up its stock market to individual foreign investors for the first time,hogan sito ufficiale, in a major economic reform designed to boost overseas investment (file photo). /AFP
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Located in North West England at the mouth of the River Wyre,[link widoczny dla zalogowanych], Fleetwood is just north of Blackpool and whilst it is in the Blackpool conurbation, it is a separate town with its own distinct features. On the southern shore of Morecambe Bay, which is the UK's second largest, Fleetwood was once renowned for its deep sea fishing fleet but since the 1970s,[link widoczny dla zalogowanych], fishing has been much in decline.
Fleetwood's most famous export is the 'Fisherman's Friend' which is still made in the town today. Tourism has seen further development of businesses and the easy access to Blackpool,[link widoczny dla zalogowanych], Fleetwood is at the end of Blackpool's famous tramway, means that there are a lot of visitors. The North Euston Hotel was built to cater for the incoming rail passengers but the rail link has long since ceased. Rail connections are now available from both Blackpool and Poulton-le-Fylde stations.
Once only accessible by two roads, Fleetwood is now much better connected by road. Easy access to Blackpool means that joining the M55 and M6 motorways is relatively straightforward. Bus services to Blackpool and Preston are also regular.
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If you are looking for Houses for Sale in Fleetwood please visit Propertywide to find Local Conveyancing Solicitors.
The town is actually located on a two-mile wide peninsula and two large sandbanks,[link widoczny dla zalogowanych], North Wharf and Bernard Wharf shelter the town from the westerly winds, which are common in this area. The highest point of the town is the Mount, which is the last in a line of sand dunes found in the town's northern part. It is from this area that Decimus Barton centred his town planning with roads radiating from the Mount, still a feature of the old town.
Since the demise of the fishing industry, Fleetwood has worked hard to develop its tourist industry. Marketing itself as a quieter, more refined antidote to the brashness of nearby Blackpool, it has many visitor attractions; primary among them is its seafront. As well as a ferry service to Knott End,[link widoczny dla zalogowanych], it has statues to commemorate the contribution of fishermen to Fleetwood's development. An annual Lifeboat Weekend highlights the importance of the Fleetwood lifeboat station. Fleetwood is also unique as the only town in the country to have three lighthouses, two actually in the town. The Upper Lighthouse and the Lower Lighthouse, both built in 1840 are in the town and the Upper Lighthouse is still in use today. Out at sea is the Wyre Lighthouse, which despite being an important example of Victorian engineering has fallen into disrepair.
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Fleetwood, therefore,[link widoczny dla zalogowanych], has all the local amenities required such as schools, hospitals,[link widoczny dla zalogowanych], shops and businesses but thanks to its unique location,[link widoczny dla zalogowanych], it also offers relative peace and quiet along an attractive piece of the British coastline.
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