Travel to Chile. Chile Most Beautiful Places

on Tuesday, November 24, 2009

Chile is one of the few emerging market countries that is holding up well this year. The Bank of New York Mellon Chile ADR Index is up 9.05% year-to-date. Though the economy of Chile is heavily dependent on exports of commodities such as Copper, in recent years the economy has become more diversified. The domestic economy is strong due to various policies implemented by the government. While there are a few Chilean stocks trading as ADRs in the US, the easiest way to invest in Chile is via the iShares MSCI Chile Investable Market Index ETF (ECH) and the closed-ended fund The Chile Fund (CH). These two funds give broad exposure to many Chilean stocks. 1. iShares MSCI Chile Investable Market Index ETF (ECH): Launched in 2007, this ETF has about $150M in assets. The current yield is 1.96% and the expense ratio is 0.63%. Year-to-date the fund is up 12.34%. Since inception the fund is down 24.80%. One of the pros of this fund is that it has only 9% of the assets invested in financials. Energy, Utilities and Industrials account for a major portion of the portfolio. 2. The Chile Fund (CH) Currently CH is trading at a discount of 14%. The fund has an asset of base of $106M and the yield is 1.53%. The fund made a return of 49.58% in 2007 when Chilean stocks were hot due to the commodities boom. In 2008, it gave back all the returns from 2007 and ended the year with a loss of almost 52%. Year-to-date the fund is up about 12%. Similar to the ETF, the assets of the fund are widely allocated among various stocks in different sectors. Both the closed-end fund and the ETF are smart options get exposure to Chilean stocks. However CH will be much more volatile than the ETF in these turbulent times since it is a closed-ended fund. Back in January Marketwatch has an article titled Looking for defensive exposure? Try Chilean stocks. In this piece, Geoffrey Dennis, Latin America strategist at Citigroup, said “Chile always outperforms in down markets. There’s always been a substantial pool of domestic liquidity and that’s been a stabilizing force in the market.” Chile is being referred to as 'the Switzerland of Latin America' due to several factors such as the safety of the juridical system, the economy which is strong and on the increase, the multiple universities and high level of education. Many international investors have are now looking towards investing in the Chilean real estate sector. Investing advantages are the Chilean 'Unidad de Fomento' and the increasing middle class that will possess a high purchasing power in the following years.
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Beautiful Pictures of Hua Hin & Info

on Wednesday, November 18, 2009

Hua Hin is a famous beach resort town in Thailand, in the northern part of the Malay Peninsula, some 200 km south of Bangkok. It has a population of 84,883 in an area of 911 km², and is one of eight districts (Amphoe) of the Prachuap Khiri Khan province.

Hua Hin is closely associated with the Thai royalty. Merely 25 kilometers apart, Hua Hin in Prachuap Khiri Khan province enjoys a wealth of satellite attractions; prominent among them are national parks and historical cities.
Hua Hin
Hua Hin beach in Thailand
Hua Hin
 hua hin beach front view
Hua Hin
hua hin lookout
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 preise strand hua hin
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 hua hin beautiful beaches picture
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hua hin property

Fact about Prague Tourism

on Wednesday, November 11, 2009

About Prague

The story of Prague is no less turbulent than that of similarly large cities in Central Europe. It saw its first golden age under the rule of Charles IV in the 14th century. Prague was, at that time, the third largest city in Europe and witnessed something of an explosion in construction: the Charles University, the New Town, the Charles Bridge, and Saint Vitus Cathedral were all built during this period.

Most of the following centuries were passed in the same manner as other major central European cities i.e. in a frenzy of murder, battles, occupations, and looting: all of which has enriched the history of the place but was mighty miserable for the poor inhabitants of the time. After the German invasion Prague became the capital of Czechoslovakia, and remained relatively unscathed during the German occupation and Russian liberation. The Americans inadvertantly bombed the city in 1945, killing hundreds of residents, after somehow mistaking it for the German city of Dresden (which lies some 83 miles away).

Prague suffered in much the same way as the rest of the country during harsh Soviet-imposed Communist rule, and it was here that the Velvet Revolution was born and completed in 1989. Today, Prague is indisputably a modern European city and is becoming the capital of Central Europe. Many large companies have their regional headquarters here and the city is an enticing investment location, despite being more wealthy (and therefore expensive) than many Western counterparts.
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Some Latest Pictures of Dubai

on Wednesday, November 4, 2009

Mall of the Emirates Metro StationMall of the Emirates Metro Station
Yas Marina DubaiYas Marina Dubai
Shaikh Zayed Road in 2006Shaikh Zayed Road in 2006
Shaikh Zayed Mosque in Abu Dhabi
New Aldar Headquarters Abu DhabiNew Aldar Headquarters Abu Dhabi
Fomula one racing in Abu DhabiFomula one racing in Abu Dhabi
Emirates Towers in nightEmirates Towers in night
Dubai Metro route near Dubai International AirportDubai Metro route near Dubai International Airport
Dubai Media and Internet CityDubai Media and Internet City
Dubai Ibn Battuta MallDubai Ibn Battuta Mall
Dubai Creek side at NightDubai Creek side at Night
Dubai CreekDubai Creek
Burj Dubai(Dubai TowerBurj Dubai(Dubai Tower)
Boats in Clouds,snap from Jumeirah Beach Resort DubaiBoats in Clouds,snap from Jumeirah Beach Resort Dubai
Big Wheel in Qasba,Sharjah

Travel & Tourism of Greece Facts About Greece

on Monday, November 2, 2009

Facts About Greece

Name of the country: Elliniki Dimokratia (Ellas, Ellada)
People: Ellines (Hellenes) Women: Ellenides Men: Ellines
Size: 131.940 sq. km (land 99%, sea 1%)
Coastline: 13,676 km
Population: just under 11000000 (46% men, 54% women)
Language: Greek (Ellinika)
Coordinates: 39 00N 22 00E
Borders to: Albania, The Former Yugoslav Republic of Macedonia, Bulgaria, Turkey
Highest mountain: Mt Olympus, 2917 m
Capital: Athens

Natural resources: petroleum, marble, hydropower, magnetite, lignite, bauxite (and gold)
Natural hazards: earthquakes

Currency: EURO €

Religion: 98% Greek Orthodox, 1,3 Muslim, 0,7 Other
Literacy: 95%
Population growth: 0,14 %
Life expectancy: 82,21 (women), 76,98 (men)
Work branches: 8,3 % agriculture, 27,3 % industry, 64,4 % services
Unemployment: 8,3% (2007)
Industries: agriculture: food, wine, tobacco, dairy products, olives, tomatoes, potatoes, meat, corn, wheat, barley, sugar beets Tourism, textiles, Chemicals, Metal, Mining, petroleum.
Government: parliamentary republic, until 1974 monarchy

Administrative divisions:51 prefectures (nomoi, singular - nomos)and 1 autonomous region*; Ayion Oros* (Mt. Athos), Aitolia kai Akarnania, Achaia, Argolis, Arkadia, Arta, Attici, Dodekanisos, Drama, Evritania, Evros, Evvoia,

Florina, Fokis, Fthiotida, Grevena, Ilia, Imathia, Ioannina, Irakleion, Karditsa, Kastoria, Kavala, Cephalonia, Kerkyra (Corfu), Halcidiki, Chania, Chios, Cyclades, Kilkis, Korinth, Kozani, Lakonia, Larissa, Lasithi, Lesvos,
Lefcas, Magnisia, Messinia, Pella, Pieria, Preveza, Rethymnon, Rodhopi, Samos, Serrai, Thesprotia, Thessaloniki, Trikala, Voiotia, Xanthi, Zakynthos

National Holiday: 25 March (1821 Day when the war of independence broke out.)
Chief of State: Karolos Papoulias
Prime Minister: Georgios Papandreou, Socialist party (PASOK) since October-06-2009
Elections: every 4 years
Parliament: 300 seats, the MP's are voted by the people for four years.
Last election (4 October 2009): PASOK 43.92% 160 seats NEA DEMOKRATIA 33.48 % (91 seats) , KKE 7.54% (21 seats), LA.O.S 5.63% (15), SY.RI.ZA 4.60% (13). source www.ypes.gr.
Budget:(2007) Gross Domestic Product 314,6 billion $ Gross National Product 310,8 billion $ world rank 29 Gross National Income per capita 30,600 $ world rank 24,
National external debt: $301,9 billion $. Annual inflation 2.8%

Electricity: 91,24% hydro, 8,26% fossil fuel, 0,5% other
Ports and harbours: Alexandroupolis, Eleusis, Irakleion, Kavala, Kerkyra (Corfu), Chalkis, Igoumenitsa, Lavrion, Patras, Pireus, Thessaloniki, Volos

International organizations: Australia Group, BIS, BSEC, CCC, CE, CERN, EAPC, EBRD, ECE,

EIB, EU, FAO, G- 6, IAEA, IBRD, ICAO, ICC, ICFTU, ICRM, IDA, IEA, IFAD, IFC, IFRCS, IHO, ILO, IMF, IMO, Inmarsat, Intelsat, Interpol, IOC, IOM, ISO, ITU, MINURSO, NAM (guest), NATO, NEA, NSG,
OAS (observer), OECD, OPCW, OSCE, PCA, UN, UNCTAD, UNESCO, UNHCR, UNIDO, UNIKOM, UNMIBH, UNOMIG, UPU, WEU, WFTU, WHO, WIPO, WMO, WToO, WTrO, ZC

Trade partners: Germany, Italy, UK, France, Netherlands, US.
National Service: Obligatory, 1 year.
Military branches: Hellenic Army, Hellenic Navy, Hellenic Air Force, National Guard, Police
 acropolis Athens Greece
 Greece beaches
 milos island Greece
 Greece slide
 santorini island Greece
 Mesohori Karpathos Dodecanese Islands Greece
 Parthenon Temple Athens Greece
 Greece zakynthos
 temple of Olympian Zeus Athens Greece
 Greece tourism
Parthenon Temple Greece