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Hilbroy Advisory: Economy is key to Egypt, Tunisia democracy quest
Hilbroy Advisory: Economy is key to Egypt, Tunisia democracy quest
Most of the Arab rebellions - in Libya, Syria, Yemen, and Bahrain - have deteriorated into civil war, or regime-led violence.
Montreal,
Quebec,
Canada
(prbd.net)
15/04/2011
Montreal, Quebec, April 14, 2011– Hilbroy Advisory Inc. (DeutcheBörse: 2H0) Hilbroy Advisory Reports: Few of the revolts shaking the Arab world look likely to produce democratic governments in the near term. But even those states with the best chance of improving politically are facing a daunting economic challenge: Can new Arab democracies deliver the economic goods - in time?
Most of the Arab rebellions - in Libya, Syria, Yemen, and Bahrain - have deteriorated into civil war, or regime-led violence. But the two countries with the best shot at democracy - Tunisia and Egypt - are paying a steep economic price for their upheavals. Tourism is down, labor unrest is up, investors are scared - even as the jasmine revolutions raise popular expectations of better lives.
Tunisian Minister of Finance Jaloul Ayed worried out loud - at the 2011 U.S.-Islamic Forum this week in Washington - that Arab revolutions would stall "if democracy doesn't translate soon into well-being.
"Mohammed Bouazizi didn't kill himself because he didn't have democracy," said Ayed, referring to the 26-year-old Tunisian who set himself on fire after police seized his vegetable cart - and sparked the Arab Spring. "He killed himself because he sought dignity and a job."
Indeed, dignity appeared to be Bouazizi's primary concern. He had no recourse against police who stole his goods and humiliated him in public. But he was one of legions of young Arabs - in a region where 65 percent of the population is under 30 - who are unemployed, or can do little better than sell vegetables on the street.
In the broader region, those gulf countries with oil wealth, and even those with minimum oil, such as Syria, are trying to "buy" peace, with wage increases and new projects. This may or may not work politically, and it certainly won't help their macroeconomic position.
About Hilbroy Advisory Inc.
Hilbroy Advisory Inc. is a Canadian based advisory and consultancy services company founded in 2000. Our Company provides publicly traded and private companies, institutions and individuals with a series of advisory services enabling these companies to fully reach their corporate objectives and potential.
Our specialists will customize a service package that includes reviewing, identifying and recommending a series of specific action and tasks that help their clients’ management decisions when seeking
• Go Public strategy,
• Debt and or equity financing
• Identify prospective investors
• Hire investor relations firm
• Cross listing decisions
• Planning road-shows and promotional campaigns.
Hilbroy Advisory has established numerous international relationships over the years with Broker Dealers, Hedge Funds, Institutional Investors, High net worth Investors as well as with investor relations firms and consultants. These relationships are made available to all Hilbroy clients and our team will manage the relationships from introduction to post financing activities.
Contact:
Jean François Amyot
HilbroyAdvisory, Inc.
1400 rue Begin
Montreal, QC H4R 1X1
info@hilbroyadvisory.com
www.hilbroyadvisory.com
Tel: 514-334-3131
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All statements in this news release that are other than statements of historical facts are forward-looking statements, which contain our current expectations about our future results. Forward-looking statements involve numerous risks and uncertainties. We have attempted to identify any forward-looking statements by using words such as "anticipates", "believes", "could", "expects", "intends", "may", "should" and other similar expressions. Although we believe that the expectations reflected in all of our forward-looking statements are reasonable, we can give no assurance that such expectations will prove to be correct.
A number of factors may affect our future results and may cause those results to differ materially from those indicated in any forward-looking statements made by us or on our behalf. Such factors include our limited operating history; our need for significant capital to finance internal growth as well as strategic acquisitions; our ability to attract and retain key employees and strategic partners; our ability to achieve and maintain profitability; fluctuations in the trading price and volume of our stock; competition from other providers of similar products and services; and other unanticipated future events and conditions.
About
Hilbroy Advisory Inc. is a Canadian based advisory and consultancy services company founded in 2000. Our Company provides publicly traded and private companies, institutions and individuals with a series of advisory services enabling these companies to fully reach their corporate objectives and potential.
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