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Thread: Lengthy delay for devolution of Policing powers a threat to US investment.

  1. #1
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    Lengthy delay for devolution of Policing powers a threat to US investment.

    Martin McGuinness has expressed concern at the DUP's constant delaying of Policing powers and claims that the refusal to progress does not hold well with US investors.

    The gathering in New York this week included Declan Kelly, the Northern Ireland's new economic envoy from the US, Secretary of State Shaun Woodward and the Irish Republic's Foreign Affairs Minister Micheal Martin.

    It formed part of the fifth annual Clinton Global Initiative meeting, with discussions focusing on how to attract more investment and jobs to the North.

    A stable progressive government is needed at Stormont to attract investment, especially considering recent events.
    The DUP's latest excuse for delaying devolution is that they claim they want even time to push for more money from the British government.However this delay could be hampering investment chances so the economic argument is pretty weak.

    Martin Mcguinness and Peter Robinson have been lobying for investment once again in the US and McGuiness claims that they have made some breakthroughs.

    However the DUP's internal rifts and delays are not helping us.
    It's time these politicians done what is best for the people here instead of beding over for the hardliners.
    Last edited by st333ve; 21st September 2009 at 03:44 PM.
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  2. #2
    Politics.ie Regular Robo's Avatar
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    Is there anything left for them to invest in that they have not already bought out to gain a market share? US inventment normaly takes the form of them buying out a firm to get its market share then build on that market. With all the growth in said market being given to China or another low wage nation.

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    There is a great I.T. base here and top class universities here in Belfast.
    Cheap labour just cannot compete with that.
    Wages here in the north are actually lower than many EU countries in this sector.
    I heard a U.S. expert on radio Ulster stating that the only reason Belfast didnt have its own 'silicon valley' was because of political instability.
    I forget who he was but he owned a very sucessful I.T. business in Dublin also.
    He stated that Belfast is producing ea large amount of I.T. experts, who are being forced abroad.
    Investment here in the I.T. sector is very promising, so long as these corporations see this place as stable.

    We cant afford to have this pety squabbling nonsecne in Stormont, but I suppose thats whatyou get when teh DUP and SF are in control.
    Last edited by st333ve; 21st September 2009 at 03:51 PM.
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