Sunday, August 23, 2020
Friday, August 21, 2020
U.S. policy toward Iran's Nuclear Weapons Program Essay
U.S. approach toward Iran's Nuclear Weapons Program - Essay Example There is no characterized method of getting Iran to drop its atomic program. Be that as it may, a mix of different innovations can be utilized to corner the nation into doing as such. The US government ought to follow both the carrot and stick way to deal with convince Iran to agree by its assents. It should ensure its strategies are two-sided and multilateral to pick up help from different nations. Here is a triple intend to accomplish the equivalent. 1. The underdeveloped nations ought to be persuaded with respect to the danger of the expanded arms expansion and the points of interest the present US assents may carry them to pick up their help. The Iranian neighbors ought to be baited in to give more help to the US arrangements. 2. The Iranian open ought to be caused mindful of the misfortunes they to bring about because of the authorizations. They can assume a key job in making their administration drop such exercises for the general financial development of the nation. 3. The US government should quit forcing progressively severe authorizes on the Iranian oil advertise. It should deal mechanical assistance in center territories in return of a stop on the atomic program. Current Status Iran experiences different rounds of US authorizes as of now. The assents have restricted the gracefully of overwhelming weaponry to Iran by some other nation. It has forestalled the fares of Iranian arms to different nations and solidified the benefits of around 39 people and 141 organizations whom it believe is answerable for fortifying the atomic force in Iran. The most recent authorizations proposed by the US on disallow all outside money related establishments to have business contacts with Iran's Central Bank. Under solicitations from the American government the European Union and South Korea have additionally made a deal to avoid buying oil from Iran which comes as a substantial hit to Iranian economy. These approvals have been forced upon Iran since they have penetrate d to consent to the International Atomic Energy Agency (IAEA) guidelines as cautioned by the UN's guard dog (Not Quite past the point of no return, 2012). Iranââ¬â¢s Nuclear Power The US insight reports expresses that Iran buys trend setting innovation from Russia and the items important to emerge the innovation from China. There is a presumption that Iran will create and test an IRBM or middle range ballistic rocket and an ICBM with the help of these nations by 2015. The reports from the CIA express that Iran has close tie ups with North Korea and it is wanting to make TD-2 sort ICBM and test it inside 2015 (Iranian Ballistic Missile WMD Threat to the US, 2000). They additionally dread a gigantic scope of compound and natural weapons are supplied by the Iranian government which may be utilized legitimately against the US or basically be offered to gatherings or nations which focus on the US as their essential foe. Is it an Imaginary Fear? The US government ought to consider how far the past authorizations have kept Iran from creating the atomic weapons. The authorizations which have been passed on the nation for as far back as 30 years have given next to no outcome. However, investigating Iran's ballistic rocket history, there is no strong verification that they are fit for growing long-run ballistic rockets or colossal atomic weapons. They made a Shahab-4 which professed to go about as a ballistic rocket however ended up being only a SLV with least military applications. Tehran has been bragging about its arrangement to make
Sunday, July 12, 2020
Four Burning Candles
Four Burning Candles In a room there were four candles burning. The ambiance was so soft you could hear them talking.The first one said, I am PEACE, however nobody can keep me lit. I believe I will go out.Its flame rapidly diminishes and goes out completely. The second one says, I am FAITH. Most of all I am no longer indispensable, so it does not make any sense that I stay lit any longer.When it finished talking a breeze softly blew on it putting it out.Sadly, the third candle spoke in its turn. I am LOVE. I have not gotten the strength to stay lit. People put me aside and donât understand my importance. They even forget to love those who are nearest to them. And waiting no longer it goes out.Suddenly a child entered the room and saw three candles not burning. Why are you not burning you are supposed to stay lit till the end.Saying this the child began to cry. Then the fourth candle said, Donât be afraid, while I am still burning we can re-light the other candles, I am HOPE.With shining eyes, the ch ild took the candle of Hope and lit the other candles.The flame of Hope should never go out from our life and that each of us can maintain HOPE, FAITH, PEACE and LOVE.Author UnknownHope never abandons you. You abandon hope. Consult not your fears but your hopes and your dreams. Think not about your frustrations, but about your unfulfilled potential. Concern yourself not with what you tried and failed in, but with what it is still possible for you to do.
Wednesday, May 20, 2020
Essay on A Sense of Desperation in Atonement - 984 Words
How does McEwan capture a sense of desperation in Part 2 of Atonement? The title ââ¬ËAtonementââ¬â¢ hints at a dark secret, a need for retribution and weighty themes, which McEwan duly delivers. The desperation in the narrative format of Robbie the soldier is paralleled by Brionyââ¬â¢s increasing desperation to obtain penance for her crime. It is a desire further complicated by her omnipotent narrative role; McEwan steps in and out of his characters minds with unfettered confidence and in Part 2 he provides Briony with the same gift so that she might assume the mind of Robbie. This can therefore provide her with only a fabricated atonement, of which she is subconsciously aware will never fully purge her of her sin. Briony says that itâ⬠¦show more contentâ⬠¦This does not devalue Robbieââ¬â¢s desperation to be removed from the war and be reunited with Cecilia, sentiments which he would undoubtedly have felt, but significantly it displays (in her all too poetic manner) Brionyââ¬â¢s desperation for retribution. The tone in which ââ¬ËRobbieââ¬â¢ gives his account of the horrors which ââ¬Å"would not let him goâ⬠is one of desperation and exclamation but also ambiguity; it is not just the war which haunts him but his arrest and subsequent jail term too and it also hints at the horrors of Brionyââ¬â¢s crime which will not let her go either. Robbieââ¬â¢s sole reason for living is Cecilia and it the memories of her which constantly drive him to fight for his survival: ââ¬Å"This is why he had to surviveâ⬠¦. he had one good reason to surviveâ⬠. The torment until he can see her, having endured three and a half years of sleepless nights, was like ââ¬Å"a hand squeezing at his throat.â⬠Through Brionyââ¬â¢s narrative of Robbie, McEwan shows how memories of the past are essential to counteract Robbieââ¬â¢s growing frustration and desperation: ââ¬Å"when he wrote back he pretended to be his old self, he lied his way into sanity.â⬠Similarly Cecilia ââ¬Å"[feeds] on the same memoriesâ⬠, in an attempt to give herself hope and dispel her anxiety. At the end of Part 2 Briony providesShow MoreRelatedMark Solis. Mrs. Ham . English 12. 02 March 2017. Kite1099 Words à |à 5 Pagesis a cause of constant guilt for Amir. As a result from Babaââ¬â¢s emotional detachment from Amir he longs for Baba to feel a sense of pride and acceptance in him. Sadly, all Amir wants to do is please his father to the point where it leads him to a desperation that is willing to sacrifice whatever it takes to please him in hopes that Baba will acknowledge Amir. That desperation to please Baba is used by Amir as justification for not coming to Hassanââ¬â¢s aid in that alley way, all in order to get theRead More Scarlet Critique Essay870 Words à |à 4 Pages The Scarlet Letter by Nathaniel Hawthorne was written in 1850. It was based on the Puritans of the 1600s, which were revived in Hawthornes era. Hawthorne descended from Puritan heritage and harbored a sense of guilt and hatred for their way of life. He used many themes and literary techniques in The Scarlet Letter including symbolism and irony. He emphasized the individuals role in the community and the role of women in society. Hawthorne used romanticism as opposed to the classical correctnessRead MoreThe Book Of Joel Is A Negative Impact On Christians And Their Theology From The Old Testament999 Words à |à 4 Pagesfundamental themes of the biblical story are portrayed: the peopleââ¬â¢s separation from God, their need for repentance, and Godââ¬â¢s redeeming grace, also known as ââ¬Å"the Day of the Lordâ⬠. Through the eyes of Joel, as he lives through this epoch of great desperation, we see the theme of ââ¬Å"the Day of the Lordâ⬠as being intrinsic, especially in Joel 2:28-29 wherein the day when the Spirit of the Lord is poured out for all to receive is proclaimed as coming soon. Them The central purpose of the prophetsRead MoreWhat Do The Experiences Of Ancient Prophets And Joseph Smith `` Sinking `` Essay895 Words à |à 4 Pagesthought of Jesus Christ, his soul crying out for mercy and was suddenly filled with joy and light. Joseph also felt overpowered by a destructive darkness and exerted all his soul to cry out for deliverance and was immediately encompassed by light and a sense of peace. There were also the comparisons between the reactions of Joseph Smith and Moses after they saw God face to face, being completely exhausted and overwhelmed with heavenââ¬â¢s glory. However, in Mosesââ¬â¢ case, the adversaryââ¬â¢s frightening encounterRead Moreon the Waterfront Shows That Most People Prefer Security to Justice. Discuss1328 Words à |à 6 PagesWaterfront,â⬠we see that to some extent that people do prefer security to justice. This film focuses on the balance between our moral conscience, and our need for survival. It explores how much we are influenced by our own need for survival compared to our sense of justice. Kazan, utilizes characters like Terry, to explore the limits of human tolerance and the conscience. He depicts a world shrouded in a blanket of fog and mist, which masks the criminality, corruption and immorality. Kazan uses this money-drivenRead MoreSummary Of The Road 1476 Words à |à 6 Pageshis own humanity in his blinkered pursuit of s afety for his son. Both the unconscious and the real provide nightmarish scenarios, which cruelly trap the Father in a state of hopelessness. The description that follows that dream scene allows for a sense of guidance to emerge, one that is intrinsically connected to the Boy. He is the light in the darkness, the one who is ââ¬Å"carrying the fireâ⬠(p.234). Although readers might interpret its ugliness as a reflection of its feral state, one believes thatRead More Salvation is in the hands of the Sinner1625 Words à |à 7 Pagesand bad deeds. He realizes that salvation lies in his hands, and that it is a personal decision that only he can make. One senses the desperation in the heart of Everyman, having realized that his life was blackened with sin; he strives to change the black he has accumulated in the ââ¬Å"book of countsâ⬠and change it to a book of white. Everyman feels like he must make atonement for his sin, in order to escape death, for salvation is in the hands of the sinner. Death is something everyone is familiarRead MoreAnalysis of Scenes of Atonement Film1825 Words à |à 8 PagesAtonement- Analysis of Scenes The scene starts with a long shot of the three characters walking on a path in the reeds towards the camera. The reason a long shot is used is to establish the setting of the characters. It cuts in to a close up of Robbie to show his emotion as he realises they have made it to the sea. It cuts to an medium high angle aerial long shot as the characters are running through the reeds to show the true desperation of the men. While they are running the music playing isRead More The Criminal Is Not Solely Responsible for His Crime Essay example2339 Words à |à 10 Pagesgoing around. All it means people ââ¬â They trying hard to keep you down. Unfortunately, most poor people do not have the information, education or means to take the high road out of the ghetto. As a result, they end up living lives of quiet desperation that poets write about. The poverty mentality described in Bobby Blandââ¬â¢s song is a luckless legacy passed down from generation to generation by people who settle for less because they donââ¬â¢t know any better or canââ¬â¢t do any better. Many choose toRead MoreMarketing Mistakes and Successes175322 Words à |à 702 Pagesonly a commodity. Unless he could change such a mindset, this was a major impediment, one that would scuttle his dream. To every one who would listen he repeated his mantra: ââ¬Å"We would take something old and tired and commonââ¬âcoffeeââ¬âand weave a sense of romance and community around it. We would rediscover the mystique 1 Cora Daniels, ââ¬Å"Mr. Coffee: the Man behind the $4.75 Frappuccino Makes the 500,â⬠Fortune, April 14, 2003. 2 Howard Schultz, Pour Your Heart Into It, Hyperion: New York, 1977
Wednesday, May 6, 2020
Essay on Senior Management - 1695 Words
Long Write-up: Greeley Hardcopy-B Finally, the Greeley Hardcopy (GHC) Portable Scanner Initiative got its sponsor that would support its project throughout its research and development phase. This is in the name of Phil Faraci who took over as the General Manager of GHC handling both the Flatbeds and Portable businesses. During the previous phases of research and development of the Portable Scanner, despite being recognized as a very promising product, it faced several challenges in terms of support, budget focus. For over five years the product did not take off and observed as a very slow-paced development. The pace of the project was so slow that it passed-on from one leadership into another in the organization. Its failure in itsâ⬠¦show more contentâ⬠¦Creating a Separate Organization (Ambidextrous Organization). With Phil Faraci role of providing resources to the team, the team of Mark Oman with support from its original team members ââ¬â Frank Carau and Ben Walker cr eated a new structure that would be required to launch the portable device successfully. They also designed the compensation package for its team members by working with HR. They believe that for the portable project to become successful they need to attract talented personnel fitted for the job requirements. In order to do this, they needed to provide above-average compensation packages. They had lobbied from the senior management team and HR to provide each member of the team good compensation and the sometimes agreeing for some work around with HR and senior management. Better compensation package was successfully obtained approval with the help of Phil Faraci by providing connection between the Omanââ¬â¢s team and the rest of the senior management people. After designing the organization, the team also designed the working relationship of the team with the rest of the GHC. They designed the responsibility matrix to provide clear understanding on each one responsibility and wh o is going to provide inputs and make decisions. It also clarifies their relationship with the flatbeds business. The Portable team was also housed in a separate area within the GHC facilities. This would allow them toShow MoreRelatedThe Problem Of Senior Management1262 Words à |à 6 Pagescompanies met with disaster of their IT services is unable to recover. Expecting surprises and being prepared for a disaster with having suitable staffing and enough funds to implement an IT disaster recovery plan can seem close to impossible. Senior management tend to focus on facets which would help bring revenue than something that might or might not happen, or so they think, which is why most of the big organizations hit the headlines. The most important thing to keep in mind is that, when you thinkRead MoreConcept Of Operation Management For Senior Management972 Words à |à 4 Pagesprocess that incorporates assembling yields an unmistakable yield: an item, though, a transformation process that incorporates administration yields an elusive yield: a deed, an implementation, an action. OPERATIONAL MANAGEMENT: Intro Operations management is a zone of management concerned with supervising, outlining, and controlling the procedure of creation and overhauling business operations in the generation of merchandise or administrations. It includes the obligation of guaranteeing that businessRead MoreThe Objectives Of Senior Management1568 Words à |à 7 PagesThis is a type of risk that the CRO must assess within the goals of business continuity. The objective of senior management is to be continuing operations as normal and business interruption risks affect the ability of the organization to continue operations normally. The CRO should identify the activities or accidents that would possibly interrupt business, determine the resources available internally to deal with the loss, and ensure that any resources identified would be available to assistRead MorePersonal Statement For Senior Management949 Words à |à 4 Pagessupporting Senior Management and large teams including within Finance and Audit departments â⬠¢ Experience in managing junior staff members including performance reviews â⬠¢ Extensive experience working with contractors and external stakeholders â⬠¢ Excellent organiser, communicator and team player â⬠¢ Advanced IT skills including Respond Centrepoint, Covalent, CeDar, Cognos 10 and full MS Office package including MS Project â⬠¢ Knowledge and understanding of strategies and project management â⬠¢ ExceptionalRead MorePerformance Management For The Senior Management Service Essay2198 Words à |à 9 Pagesdiscuss the objectives and the constraints of performance management for the Senior Management Service (SMS) in the South African Public service. This essay will begin with a brief definition of the following concept performance management, performance appraisal and Senior Management Service (SMS). Secondly, the essay will discuss the performance process and the performance system. Thirdly, it will discuss three elements of performance management: performance appraisal, performance monitoring and performanceRead MoreChallenges Faced By Senior Management1559 Words à |à 7 PagesINTRODUCTION The business environment of today is complex; thereby faster decisions have to be made and better allocation of resource is essential with a clearer focus of the future. This poses a major problem to senior management because organizations consist of a changing mix of large and small projects which brings new challenges in prioritization of projects, resource planning and monitoring (Elonen and Artto, 2003). According to Engwall and Jerbant (2003) cited in Kaizer et al., 2015, the numberRead MoreTechnology Solutions For Senior Management Essay1806 Words à |à 8 Pagesthat I was working in the past before starting my Masterââ¬â¢s program is Cognizant Technology Solutions. It is a Multinational Corporation that provides Information Technology, Consulting and Business Process outsourcing services. I was working as a Senior Systems Executive proving the clients with monitoring and requests handling services. My team and I also made reports from big data and presented it to the clien ts with suggestions in order for them to make better business decisions. From my experienceRead MoreSenior Management ( Moronie Delva )1632 Words à |à 7 PagesSenior Management (Moronie Delva) We have come to a time where it is imperative to reset our courses associated with the safety of the employees, the safety of the brand and the longevity of the company alongside their competitive edge. As senior manager, consideration should not be limited to solely short-run solutions. It is primary for the companyââ¬â¢s decision makers of all tiers manage the negative and positive potential of any crisis as time can carry the possibilities of unknown limits. AccommodationsRead MoreThe Impact Of Senior Management On Corporate Governance989 Words à |à 4 Pagescanââ¬â¢t devote all his energy to MiniScribe. Evidences in several forms have suggest that senior management was involved in fraudulent financial reporting activities, which indicates a failure of corporate governance. (2) Weak System of Management Control Since Mr. Wile is a powerful CEO, the management style of MiniScribe is very personal. As the reason of frequent reorganization and reassignment, the senior managers often did not have the necessary experience or educational training to perform theirRead MoreSenior Management Is Not Always Communication Savvy1242 Words à |à 5 Pagesadvantage to the improper planning of a strategy. Many people rely on Senior Management, rather than spawning a proper strategy themselves. Porter doesnââ¬â¢t believe that we need to be so passive at the lower levels of a company. The voices hear, the more ideas are passed around through the company. To do your job well you need to be properly informed as to what the goal is and the strategy that will lead us to our goal. Senior Management is not always Communication Savvy. They may have the best strategy
Mozart And Women Essay Example For Students
Mozart And Women Essay In Mozarts time (the late 1700s), women were viewed much differently than theyare viewed today. Women were perceived as being inferior (intellectually andphysically) to men. As we all know, the women were supposed to spend their timein the house cleaning, cooking, and taking care of the children. Although, wemust take into account that this was mostly the biased perspective of the men ofthe time. As time progressed, the submissive female role changed. Their presencebecame much more prevalent as time went on. Mozarts apparent personalperspective of women, which was demonstrated in his many operas, did not seem tocorrelate with the universal perspective of woman at the time. His perspectiveof women portrayed in The Marriage of Figaro and Don Giovanni is much more liketodays perspective than the perspective of his time. In The Marriage of Figaro,the women are portrayed as intelligent, cunning, wise, and faithful. In TheMarriage of Figaro, the women are presented with the problem of deal ing withtheir jealous and lustful husbands. Ironically, it is the lowerclass woman, Susanna, who provides the needed leadership and wisdom whenit comes to solving the problem. She is the one that comes up with the idea tochange clothes with the Countess to test the fidelity and loyalty of the Count. It might have been expected for a man to come up with a plan so clever, or atleast for the upper class and supposedly more intelligent Countess to come upwith the idea, but low and behold, the lowly servant comes throughwith the great idea. In comparison with the males in the opera, the women areportrayed with much more fidelity and loyalty especially towards their spouses. The men are portrayed as foolish, lustful, and jealous when it comes to love. The Count is the worst he displays lustfulness, jealousy and above all,hypocrisy. He lusts after Susanna and expects her to break her promise offidelity to her fianc? Figaro. He also gets jealous when Cherubino tries tocourt the Countess. By doing this, he creates a double standard for him and theCountess. He feels that he should be allowed to act unfaithfully, while his wifeis to remain completely faithful. The Count also portrays a very deceitful sidewhen tries to entice Susanna. He puts on a fa?ade just to convince her to sleepwith him. Susannas also portrays a somewhat deceitful side, although hers isthere to expose the deceitfulness of the Count. In Don Giovanni, the women inthe opera are portrayed somewhat, although not entirely different than they arein The Marriage of Figaro. They do not seem to be on the same level of wisdomand intelligence as they were in Don Giovanni. On the other hand, the men arealso portrayed as much more evil and deceptive as well. The women were port rayedas being very emotional in Don Giovanni. Donna Anna is the most emotionalcharacter in the opera. She is very vengeful (rightly so) when it comes to herfathers death and very vengeful toward the murderer himself. Thisdistressfulness is most evident in the scene when she gives the account of thenight of the murder to her husband Don Ottavio. We dont see any of the malecharacters display this kind of free emotion. Donna Elvira, the ex-fianc?, isanother one of the main female characters in the opera. She is also a veryemotional character. When she meets Don Giovanni in the opera, she exhibits agreat amount of sadness and despair towards her former lover. She is alsoportrayed as being very na?ve when it comes to the reputation and intentions ofDon Giovanni. She is easily deceived by Don Giovannis false promises and emptyflattery. Even though he had already left her once, she is foolish enough tobelieve him again. And in the end, it turns out (as expected) that DonGiovannis promises and words of flattery were all just a total sham. Theaudience watches as Donna Elvira is yet again duped by her former lover. .u1e493ae0fa7c70eac48cba279ae728c6 , .u1e493ae0fa7c70eac48cba279ae728c6 .postImageUrl , .u1e493ae0fa7c70eac48cba279ae728c6 .centered-text-area { min-height: 80px; position: relative; } .u1e493ae0fa7c70eac48cba279ae728c6 , .u1e493ae0fa7c70eac48cba279ae728c6:hover , .u1e493ae0fa7c70eac48cba279ae728c6:visited , .u1e493ae0fa7c70eac48cba279ae728c6:active { border:0!important; } .u1e493ae0fa7c70eac48cba279ae728c6 .clearfix:after { content: ""; display: table; clear: both; } .u1e493ae0fa7c70eac48cba279ae728c6 { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .u1e493ae0fa7c70eac48cba279ae728c6:active , .u1e493ae0fa7c70eac48cba279ae728c6:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .u1e493ae0fa7c70eac48cba279ae728c6 .centered-text-area { width: 100%; position: relative ; } .u1e493ae0fa7c70eac48cba279ae728c6 .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .u1e493ae0fa7c70eac48cba279ae728c6 .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .u1e493ae0fa7c70eac48cba279ae728c6 .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .u1e493ae0fa7c70eac48cba279ae728c6:hover .ctaButton { background-color: #34495E!important; } .u1e493ae0fa7c70eac48cba279ae728c6 .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .u1e493ae0fa7c70eac48cba279ae728c6 .u1e493ae0fa7c70eac48cba279ae728c6-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .u1e493ae0fa7c70eac48cba279ae728c6:after { content: ""; display: block; clear: both; } READ: Exile in San rancisco EssayZerlinas situation is very similar to that of Donna Elvira. She is wooed by DonGiovanni and convinced by his false promises. She is also na?ve as to hisintentions towards the opposite sex. She is unaware that Don Giovanni has areputation of being deceitful, shrewd, and very persuasive when it comes toconvincing women that he loves them. Mozarts perspective of women is displayedin the characters of the women in his operas. He therefore perceives women theway the audience would have perceived the women in his operas. For that reason,he perceived women as very intelligent, wise, and emotional people. One has towonder just how different Mozarts persp ective of women was compared to that ofthe current time. If the two varied greatly, what kind of response did Mozartsnumerous operas (especially the two in question: The Marriage of Figaro and DonGiovanni) receive from the audience? Did they appreciate the unusual femaleperspective or did they frown upon it? Did they welcome the change as comedic orconsider it appalling because it was different?
Thursday, April 23, 2020
The Harthouse
The Harthouse-Louisa mystery Essay Mrs Sparsits efforts to continually win back her role as a housekeeper draws Louisa to Harthouse, much to Mrs Sparsits delight as it causes the hostility between Bounderby and Louisa to grow. Dickens ironically, chooses for Mrs Sparsit to begin to imagine Louisa down a staircase which has a dark pit of shame and ruin at the bottom. There is irony in the fact that the Utilitarian philosophy that Bounderby is a great believer of wouldnt approve of such fanciful images. It is another chance for Dickens to satirise the philosophy and to express the importance of fancy and how it can never be escaped. Through this idea Dickens is able to create suspense as he reinforces Louisa descending down the staircase because the reader is interested to see what will come of Louisa and Harthouses relationship especially as the following chapters are called Lower and Lower, and Down. Throughout these chapters Dickens makes clear the true extent of Mrs Sparsits obsession as: If she had once turned back, it might have been the death of Mrs Sparsit. We will write a custom essay on The Harthouse-Louisa mystery specifically for you for only $16.38 $13.9/page Order now Mrs Sparsits staircase is necessary for Dickens to compress the meetings between Harthouse and Louisa because by simply stating that Louisa is rapidly descending the staircase is enough information for the reader without having to include their conversations. One could argue that this is one of Mrs Sparsits functions in the novel. Mrs Sparsits fascination with Louisa on the brink of the abyss reaches new heights in Lower and Lower as she tries to play detective in the Harthouse-Louisa mystery. This chapter is very comic as well as melodramatic. Again her caricature dimension is reinforced when she accepts Mr Bounderbys invitation to his house with, your will is to me a law, and stating her pity for him and urging him to be buoyant. Dickens describes her as pouncing, darting and diving when chasing Louisa and he engages the reader in Mrs Sparsits thoughts of urgency as she asks herself, Where will she wait for him? Where will they go together? Her swift moves, occasional outbursts and final breakdown, burst into tears of bitterness, could be described as melodramatic but I think it is necessary, for it Dickens to mimic and satirise the women who was well born and who is know running around in the rain acting like a Robinson Crusoe. It amplifies how far she has fallen down the social ladder and allows Dickens to show how he believes that placing such importance on people with wealthy backgrounds is misplaced.
Tuesday, March 17, 2020
How does a nation essays
How does a nation essays A nation is commonly known as a group of people whose common identity creates a psychological bond and a political community. Their political identity usually comprises such characteristics as a common language, culture, ethnicity, and history. What is it that shapes the nations political institutions? Is it the culture or the history? Answer to this last question is critical because we live in a time of reshaping such nations like Iraq and Afghanistan. It would be important for these nations, which are changing their political institutions to know what they should base their system and institutions on other than democracy alone. Indeed, the culture of a nation is the character of that nation. Nevertheless, in terms of politics the facts show that when a nation analyzes her history and draws a conclusion about what was done wrong in the past can be more beneficial for the nation to build institutions by only relying on their cultural teachings and practices. So, how does a nations history shape its political institutions? In order to answer this question, there must be model countries to be observed and analyzed. In this case, they will be Republic of Italy and Republic of Turkey. One should also need historical backgrounds as well as cultural points, which will be mentioned in details later in the paper. Roman Empire would not be what it was without knowing the history of the ancient Greeks. Byzantine would not have existed if it were not for the ancient Greeks and later the Romans. As observing and improving the earlier civilizations history, Europe lived through Attila the Hun and survived from the brutal Mongol hordes of Genghis Khan (1). When Arabs invaded the Spanish Peninsula in 711 (2), the West knew they were dealing with a more advanced civilization; therefore, they resisted but with the curiosity to learn out of their invaders. They experienced this virtue in the past when they saw the so-called barbarians th...
Sunday, March 1, 2020
Translating So to Spanish
Translating So to Spanish So is one of those English words that has so many meanings that it can be translated to Spanish in dozens of ways. As such, it can be a confusing word for Spanish students - as a strategy when translating so, youre often better off thinking of a synonym for the way it is used and translating that instead. This lesson looks at a few of the ways so is used and suggests possible translations. In all cases, the translations used are not the only ones possible. Translating So as an Adverb Meaning Very Most of the time when so is used as an adverb meaning very it can be translated as tan. However, muy is sometimes acceptable as well. I was so happy that I jumped in the air. Yo era tan feliz que saltà © en aire.My love for you is so strong. Es tan fuerte mi amor por ti. (Alternative: Es muy fuerte my amor por ti.)He did it so poorly. Lo hizo tan mal. (Alternative: Lo hizo muy mal.)The city is so small that once you leave downtown theres nothing else. La ciudad es tan pequeà ±a que una vez que te sales del centro, ya no hay nada.Why is it so difficult for us to be happy? à ¿Por quà © es tan difà cil que seamos felices?The meat was so tasty that it needed only salt. La carne era tan rica que solo necesitaba sal.à Translating So in Approximations As the context requires, various ways of expressing approximations can be used when so is used for that purpose. I need to lose 20 pounds in two months or so. Necesito perder 20 libras en dos meses ms o menos.Im going to buy myself an aquarium holding 100 liters or so. Me voy a comprar un acuario de 100 litros aproximadamente.They stole about 20,000 pesos from her. Le robaron alrededor de 20 mil pesos. Translating So When It Indicates Causation A common use of so is to indicate why something is done. Various phrases of causation or purpose can be used. Often, such sentences cant be translated word for word - whats important is to get the proper connection between the different elements of the sentence. I will give you one so you dont forget me. Te darà © uno para que no me olvides.I was afraid, so I left. Me fui por miedo.I am innocent, so I am not going to go into hiding.à No me esconderà © porque soy inocente.Evil exists so we can appreciate what is good. El mal existe para que podamos apreciar lo que es bueno.There was violence, so many children were evacuated from the city. Muchos nià ±os fueron evacuados ciudad por causa de la violencia.à You can edit your digital photo so it seems like a painting. Podrs editar tu foto digital de modo que parezca una pintura. Translating So as a Transition or Filler Often, so can be left out of sentences without much of a change in meaning. In such cases, you can simply leave it out of the translation, or you can use a filler word such as pues or bueno if leaving out a word such as that would seem too abrupt. So, where are we going? Pues à ¿adà ³nde vamos?So now comes the best time of the year. Pues ahora llega la mejor à ©poca del aà ±o.So lets begin. Bueno, vamos a empezar.So what do you know? à ¿Quà © sabes? Translating So Meaning Also Usually, tambià ©n will work fine when translating so carrying meanings such as also or in addition: Youre from Texas? So am I! à ¿Eres de Tejas? à ¡Tambià ©n yo!I slept and so did they. Yo dormà y tambià ©n ellos. Translating So in Set Phrases When so is used in various phrases or idioms, you can often translate the phrases as a whole for meaning, as in the following examples: The book has recipes for shakes of fruits such as apples, oranges, strawberries, kiwis and so on. El libro tiene recetas de batidos de frutas como las manzanas, naranjas, fresas, kiwis, etcà ©tera.Hes not a citizen. So what? No es ciudadano. à ¿Y quà ©?Every so often I imagine a good future. De cuando en cuando imagino un buen futuro.These are treated just so. Estos son tratados con sumo cuidado.I am going to buy raspberries, applies, blackberries, peras, strawberries, and so on. Voy a comprar frambuesas, manzanas, moras, peras, fresas, etcà ©tera.
Thursday, February 13, 2020
Assessing Educational Change Essay Example | Topics and Well Written Essays - 1250 words - 1
Assessing Educational Change - Essay Example In seeking to empower the people, the government began offering bilingual education to enhance the capacity for individuals to understand Portuguese. The government considered such educational changes as essential in enhancing the perceptions of individuals regarding acquisition of education. The planning phase for the project was undertaken with numerous conferences and meetings within different location across the country. This sensitisation process was aimed at ensuring majority of the stakeholders became aware of the project being undertaken across the country. The project was aimed at ensuring creation of people networks across the country through language. The nationwide conferences were undertaken to inform the general public about the process of implementing the project and the purposes of the entire project. During the project initiation process, the project proposals were presented to various stakeholders who would provide essential resources for implementation of the project. These included financiers and facilitators across the country. These stakeholders accepted the proposal and the project commenced. While the project management team performed numerous essential preplanning activities to ensure the successful implementation of the project, many processes were overlooked during the planning phase. The project management team focused on only two stakeholders, while ignoring, majority of the fundamental stakeholders. Universities were given a priority over schools during the initiation phase. The project management team should consult all stakeholders and seek their opinion regarding the process. They would however classify the stakeholders in terms of their influence on the project. The public schools and their teachers were ignored during the planning phase. Consultations with these stakeholders would have sought to identify the requirements in implementing the project, consequently
Saturday, February 1, 2020
Persentation Assignment Example | Topics and Well Written Essays - 500 words
Persentation - Assignment Example Along with this factor Columbia is a country which is rich in natural resources but at the same time the country has class differences which have been running throughout the history, illegal drug cartels and differences between the political parties remain there making it a tough country to operate in. Maintaining focus on these we should be prepared with strategies to tackle such issues which can arise in the context of fore mentioned points. For preparing a strategy that is to successfully deal and cope up with the population, culture & class differences, political instabilities etc. in Columbia we need to understand in depth the heritage; develop a thorough understanding of its culture since our workforce will be consisting of mostly local population whose mentality and thinking process will be influenced or at least affected by these factors. Managing this local workforce will be tedious task for managers involved and for this experience such managers should be opted who have had firsthand experience working with diverse work forces and at the same time possess counseling qualities through which he could motivate them. A diversity strategy should be formulated.
Friday, January 24, 2020
Slavery Enterprise and Society Essay -- exploitation, trafficking, soc
A group of kids are taking a trip through time, back in the day of slavery in the 1800ââ¬â¢s. A young black man is working out in the field picking cotton and other crops. His master calls him up to the main house and tells him to get on his knees and not say a word. The young black man does as he is told. Then for no apparent reason, the master begins to beat and whip the slave violently while his wife and daughter watch. The master screams and shouts that the young black man is his property and he can do with him what he pleases. As he continues the punishment, blood oozes and flows from the exsanguinated wounds. The slave is then told that he will be sold in two daysââ¬â¢ time, separate from his wife and daughter who will be kept for their sexual services. There is fear in the young manââ¬â¢s eyes for he has been forced to watch the rape of his daughter before and fears for her life. He hangs his head and continues to accept his beating. He knows that there is nothing mor e he can do, that he is a slave, and this is how slaves are treated. As the kids fast forward to modern day life, they take a look around. All seems calm and peaceful with no violence or harsh beatings. They see a man and his family, forced to live on the streets because they cannot pay back a loan. They see a woman who is battered and bruised with little clothing; she is the remnants of a sex-trafficking scandal. All of these, all though not as obvious to the common man, are examples of modern day slavery. When most people think of slavery, their thoughts are instantly transferred to a time of black servants and white masters. A time when people were not equal and wars happened every other day. The common man does not believe that slavery still exists or even what slaver... ...keley: University of California Press. Curtis, Michael. (2013). Slavery in the World Today. Retrieved from http://www.americanthinker.com/2013/10/slavery_in_the_world_today.html Einhorn, R. L.(2008). Slavery. Enterprise & Society 9(3), 491-506. Oxford University Press. Retrieved from Project MUSE database. Gordon-Reed, Annette. (2013). Slaveryââ¬â¢s Shadow. Retrieved from http://www.newyorker.com/online/blogs/culture/2013/10/12-years-a-slave-and-historians-problems-with-slave-narratives.html Magnier, Mark., Robyn, Dixon. (2013). Modern-day slavery persists over the world. Retrieved from http://articles.latimes.com/2013/oct/17/world/la-fg-global-slavery-20131018 Slavery today. (2003). The Lancet, 361(9375), 2093. Retrieved from http://search.proquest.com/docview/199103704?accountid=8483 The Caste System. (2013). Retrieved from http://www.ushistory.org/civ/8b.asp
Thursday, January 16, 2020
Principles of Maintaining Stationary Stock Essay
1)1.1 ââ¬â Explain the purpose of making sure stationary stock is maintained and controlled? A good level of stationary stock should always be maintained and controlled because it makes processing easier and saves wasting time. Usually a company will have one person in charge of the stock and that person will have the duties of maintaining any stock. Smaller companies are easier to maintain than larger ones. Large companies can have much more of a hard-hitting task as they will need a lot more stock or stationary. Also within a larger company there will be more departments so it will be made a little harder. The person responsible has to bare in mind any budgets the employer/manager had put in place. There are different ways of which you can control the levels of the stock but these are yet again different with each and every company. A weekly or fortnightly check on stock is usually the most effective way. Checking stock levels will also help to notice what stationary is used more within their company. This will show what is more relevant in buying. If the stock is not checked or maintained then the levels can drop. This can result into the company spending more money to get the equipment/stock they need from a high street shop and this can then frustrate many workers/managers. 1.2 ââ¬â Describe factors that may affect the future level of demand for stationary stock. Their will be many factors that may affect the future level of stationary stock. One of these is the cost of the stationary itself. All, if not most, companies are making cut in their spending and this is one department that may feel the cut more than others. Employees will be asked to use less stock whilst working and requesting orders for stock. These may become declined if the person in charge thinks that the company will not need the stationary or it is not required. Also another factor is the use of technology. Technology is forever increasing and becoming a bigger part in everyoneââ¬â¢s lives. This means more organisations will be using the internet a lot more. Emailing more to cut the cost of paper and it is a quicker way to send messages or to communicate and run their business. Letters are becoming a less frequent way of communicating. This will make each company cut down on the quality of paper, ink, envelopes and stamps that are used. 1.3 ââ¬â Explain the purpose of making sure value of money is obtained when ordering stock. The purpose of making sure value of money is obtained when ordering stock is essential. Each company needs to ensure that they are not wasting any unnecessary money and that the stock you are ordering is actually needed. The person in charge of ordering needs to think about the delivery costs, quality and quantity costs. They also need to think about applying minimum orders but can still cover everything that will be needed. The value of money is most important because no company wants to be wasting money on products that cant be afforded or on stationary the wont be used. The person who is responsible for all this needs to have a good think about what really needs to be ordered and if it is necessary in the environment. Also to know if it is environmentally friendly before just ordering anything and everything they want to. 2)2.1 ââ¬â Describe how to order, receive, store and dispose stationary stock items. Ordering; before you even begin to order you need to know who your suppliers are. If you donââ¬â¢t already have a supplier then you need to find one. You will need to find a supplier that is suitable to you and your company. When choosing a company you will need to consider these things; Are there any delivery charges? Do I have to place a minimum order? Do they sell all the stock we need? Are their prices competitive or very expensive? How long does it take for an order to come through? You may find it easier to write a list of the stationary (inventory) you will need so you can pick a supplier that fits your needs. Once you have found the supplier you will be using then you will need to go through the catalogue or online and order what you need. Also the person responsible for this will need to be aware of their budget and that they do not go over. Receive; When you do receive the stock, it is better to check the delivery notes against what has been delivered to ensure that all the stock you need or ordered is their. You will need to check the receipt and check everything they say is there is actually there and is not faulty. You will need to identify straight away if there are any problems or any stationary missing. Lastly you will need to send the receipt up the finance so they can check it against the invoice and make sure all the prices add up and no ones is being over charged or under charged. Store; when storing the stationary you should rotate it so it is the oldest first. Storage should be in a nice neat order and organised so you can see what you have and what you donââ¬â¢t have. Rotating stationary isnââ¬â¢t the most important thing to do but it is still advisable so that pens and Tipex do not dry out and the paper doesnââ¬â¢t get creased or even wet. When storing stationary it is best to keep all things the same together and take count to see how many there is so you know for next time when it comes to ordering how much you should order. Dispose; when disposing stationary you need to first work out what can be recycled, or if it is environmentally friendly and what just needs to be put in a normal bin. Most companies now like a business with an environmentally friendly supplier. They will look at the way they package the products so it makes it easier to dispose of the packaging. How close a company is to their business is important to cut down on the transporting costs.
Wednesday, January 8, 2020
Advocacy Competences of School Counselors - 936 Words
Advocacy is one of the major roles for professional school counselors. The concept of advocacy is the tradition of professional counselors, but the role of advocacy in school counseling was not valued until the recent times. The purpose of this paper is to give a reflection about the article on school counseling in order to show and describe the advocacy competencies of school counselors. The article was written by Jerry Trusty and Duane Brown. The article was set to provide a structure that helps to conceptualize advocacy in order to develop advocacy competencies. School counselors have a key role in advocating for academic success for each student in the school. The advocacy makes the counselors have a leadership role in encouraging and promoting school reforms. The advocacy efforts of school counselors aim to eliminate obstacles preventing the development of students and to create chances for all students to learn. It also aims to ensure students have access to the school curricul um that fits their needs. School counselors collaborate with other people within and outside the school to assist students meet their learning needs. In addition, advocacy promotes positive and systematic change in schools (Trusty Brown, 2005). The advocacy competencies according to Trusty and Brownââ¬â¢s article were designed from literature reviews, personal experiences as school counselors. They categorized them into three groups, that is, counselorââ¬â¢s dispositions, knowledge and skills.Show MoreRelatedThe Advocacy For Lgbt Community1380 Words à |à 6 Pagesimportance of the topic The topic on the advocacy for LGBT community in schools among the student community is very important. In most cases the advocates of LGBTs have tried to persuade schools to improve their environment. Usually the school environment significantly determines whether the climate in the school is healthy and appropriate for LGBT students to learn in (Goldberg and Allen, 2013). Advocating for this community therefore means that school administrators are likely to adopt ignoredRead MoreReasons For Asian High School Students782 Words à |à 4 Pageshigh school students are not applying to colleges, this paper will discuss two reasons. First being, some Asian students are not able to pay for tuition. According to Gildersleeve (as cited by Hellen, 2002), for the past 20 years it has been more difficult for lower-income students to afford for college through merit-based financial aid in comparison to students who comes from middle to higher-income families. The second reason is because of th eir ethnicity. Which is why it is vital for school counselorRead MoreDiversity in the United States1647 Words à |à 7 Pagesservices to the needs of various cultural populations (Constantine, Kindaichi, Arorash, Donnelly, Jung, 2002). The awareness that ethnic minorities experience negative consequences from being oppressed, resulted in the multicultural competence pedagogy and has helped counselors identify effective strategies to generate social change (Hage, 2003; Vera Speight, 2003). Social norms that cause these injustices are identified, allowing for ethnic minorities to constitute and embrace empowerment. MoreoverRead MoreInternalized Oppression And Implications Of Client Characteristics877 Words à |à 4 Pagesprohibiting Native Americans/First Nation individuals from speaking their language and practicing their spiritual and cultural traditions. Historical trauma also includes the impact of Native Americans/First Nations children being sent to boarding schools and awa y from their families and cultural traditions. By forcing Native Americans/First Nations communities to assimilate, this caused trauma their mental health and that can also be seen in present time. Historical trauma has had an impact on theRead MoreCultural Competence And Academic Development959 Words à |à 4 Pagespopulation on the rise, the demographics in California is becoming more and more socioculturally diverse. In the field of education, interactions with varying cultures is inevitable. Hence, to become an effective school counselor, it is essential to have sociocultural competence. Cultural competence refers to having an understanding of the different cultural experiences of individuals other than your own. It is a mindset of having effective interaction with others regardless of cultural beliefs or demographicRead MoreSchool Counseling : A Unique Ethical Code739 Words à |à 3 PagesSchool counseling has a unique ethical code, which is listed on the American School Counseling Association (ASAC) website. The code starts with responsibility to students and supporting student development. This means school counselors have an obligation to the students including t reating each student with dignity and respect. Furthermore, respecting students and families values, beliefs, sexual orientation, gender identification, and cultural background. School counselors have a goal of supportingRead MoreSchool Counseling : A Unique Ethical Code872 Words à |à 4 PagesSchool counseling has a unique ethical code that is listed on the American School Counseling Association (ASAC) website. The code starts with responsibility to students and supporting student development. This means school counselors have an obligation to the students, including treating each student with dignity and respect. Furthermore, respecting student and family values, beliefs, sexual orientation, gender identification, and cultural backgrounds. School counselors have a goal of supportingRead MoreAca Code Of Ethics And Ethical Standards For School Counselors938 Words à |à 4 PagesIn Introduction to Counseling, students learned about the ACA Code of Ethics and Ethical Standards for School Counselors. The ACA code of Ethics update in 2014 with significant changes. One of the improvements was in the preface of the code; including how human development, diversity and multiculturalism, social justice, the integrity of the counselor-child relationship, and competency align further with other professional fields. Another vital area receiving amendments was the extension of theRead MoreThe Role of a Community Counselor1735 Words à |à 7 PagesThe Role of a Community Counselor Donte Love Abstract The purpose of this paper is to address the role and function of the community counselor. Additionally, the framework of the community counseling model is taken into account, including some of the strategies used in community counseling. The Role of a Community Counselor Community counseling can be defined as ââ¬Å"â⬠¦a comprehensive helping framework that is grounded in multicultural competence and oriented toward social justice (Lewis, LewisRead MoreSocial, Cultural, And Economic Systems Responsible For Perpetuating Injustice1522 Words à |à 7 Pageson how to deliver effective counseling to individuals experiencing social inequalities and injustice through equipping counselors with the skills necessary for becoming agents of change. The author in his 13 chapters examines the social, cultural, and economic systems responsible for perpetuating injustice and inequality with illustrations underlying the importance of counselorsââ¬â¢ acceptance of their professional, ethical, and moral responsibility in working with clients in transforming social justice
Monday, December 30, 2019
Relationship between China-Japan, China-Australia and...
In this section I will be detailing and comparing the relationships between China-Japan, China-Australia, and China-Venezuela. I am first going to start with the relationship between China and Japan. I will begin with the time frame between the years of 1949-1969. During this time, China sees Japan as a threat, which is not surprising because of Japanââ¬â¢s assault against China in the 1890s to 1920s, Japans brutal occupation of China in the 1930s and 1940s and Japanââ¬â¢s role in Americaââ¬â¢s containment strategy against China. China counters Japan by forming a military alliance with the Soviet Union in 1950. This alliance was indirectly directed at the United States but primarily directed against Japan. China tried to encourage Japan to have better relations by playing upon Japanese war guilt and issues of Japanese behavior in the 1930s and ââ¬Ë40s. This didnââ¬â¢t work in the political dimension of the relationship. China felt that better relations with Japan would be useful, both politically and economically. But Japan would not normalize relations because of its close relationship with the United States and the nationalists. On the economic front, things were different, as trade started to grow. The countries are so close to one another that it made sense. Meanwhile, Japan is still recovering from the war, but is recovering rapidly and becomes an important potential partner for China. In the 1960s the forming of a trade relationship began. The two countries assign some memorandums ofShow MoreRelatedCase Study Questions On Business Communication1722 Words à |à 7 Pagesfirst time; Express your disagreements in appropriate ways; Have dinner with your clients. From theory to practice, Hofstedeââ¬â¢ s model and Hallââ¬â¢s model applied in this report to help our employees make a deeper understanding of cultural differences between Australian and Chinese workplace. If there is anything further I can do to help, please do not hesitate to contact me. Best Regard, Lin Ke Lin Ke International group ABCD Corporation Tel: +61 (0)4 22252680 Email: LinKe@ahcd.com.au Read MoreThe Great Powers Of The United States1682 Words à |à 7 Pagesand militarily dominant, were the victors of WWII: U.S, Great Britain, Russia, France and China. The rest of the world fell into the category of small power, with little influence in shaping the international system. As Germany and Japan recovered from their devastating defeats in the Second World War, they fought their way back into the classification of great powers. Although this North-South relationship was well known - rhetoric on the subject dates back to the turn of the century- the rise ofRead MoreInternational Human Resource Management Practices1645 Words à |à 7 Pagesdifferences between countries in terms of their cultures and institutions on international Human Resource Management within multinational companies (MNCs). The study of culture will focuses on two perspectives by Geert Hofstede and Fons Trompenaars. The next discussion is about the requirement to develop international managers in MNCs. 2 Differences between countries in terms of their cultures and institutions The first issue that we are going to discuss is about the differences between countriesRead MoreGreet Hofstede`S Dimensions Essay1010 Words à |à 5 Pagesauthority. They treat each other equal; no matter you are a worker or a boss. Another example I can give example again from USA. Here, President Obama can freely walk on streets talk with ordinary people, give them autographs etc. France, Russia, China, Turkey are high power distance countries and most Eastern countries and Muslim countries are high power distance countries. Individualism and collectivism. In individualistic cultures people focus on their individual goals. Everyone looks afterRead MoreCultural Management Issues in the Tourism Industry3782 Words à |à 15 Pagestours can attract American ecological tourists to travel to countries such as our current target, China. We are a culturally eclectic group of advisors specialising in all aspects of tourism. Cultural sensitivity is not only our watchword, but our bottom line. Please do not feel overwhelmed by all of this information. Some of you may feel as though you are back in college. Rest assured, the difference between profit and bankruptcy in our business is the ability to sell in that persons culture. PeopleRead MoreValue Chain Analysis : Toyota Motor Corporation Essay2618 Words à |à 11 PagesValue Chain Analysis Toyota Motor Corporation (TMC) is a Japan based motor vehicle and sales company. The company was founded in 1937 and from there has blossomed into a global empire. As of March 31, 2014 the company boasted over 330,000 employees. TMC vehicles are sold in Canada, U.S.A, Argentina, Brazil, Mexico, Venezuela, Europe, South Africa, China, Taiwan, India, Indonesia, Malaysia, Pakistan, Philippines, Thailand, and Australia. TMC mission states ââ¬Å"Toyota will lead the way to the futureRead MoreLion Nathan Swot Analysis1881 Words à |à 8 PagesMGMT 245 Cultural Dimensions of International Business SWOT Analysis 4/30/07 Introduction- This SWOT analysis is regarding Lion Nathan China Brewing Company and their competitive advantage in their business. The major issue in this case is analyzing the company s background and reasons for expanding into China while trying to forecast an appropriate managerial decision regarding the company s future. There are many sources of information we can use to inform us of the past decisions madeRead More Hugo Chavez: Love Him or Loathe Him? Essay4572 Words à |à 19 Pagesreally believe he is so dangerous in the eyes of the United States that he would be viewed as a candidate for extermination? Hugo Chavez is the duly elected leader of a relatively small country on the northern coast of South America called Venezuela. It is a nation whose regional stature has, in the last twenty years, grown in influence in total disproportion to its size. The reason for Venezuelas increasing political clout is simple. It is the owner of vast reservoirs of liquid gold. ItRead MoreU.S. Import Export Analysis2253 Words à |à 10 PagesIt also presents the leading U.S. imports and exports in terms of value along with the important partners. Design/methodology/approach- The author explains the balance of trade including the rise and fall of U.S. trade deficit using the analysis between different countries imports and exports. Research limitations/implications- The study is limited to analysis of imports, exports, trade surplus and deficit of U.S. trading. Originality/value- This paper will help to build up the understanding aboutRead MoreCharismatic Leadership : A Charismatic Leader1603 Words à |à 7 Pagescharismatic leaders sacrifice themselves as they are willing to put up with hardship to defend their beliefs and achieve their vision (Nahavandi, 2015). Characteristics of the followers Given that a charismatic leadership results from a relationship between a leader and followers, these followers have certain characteristics (Nahavandi, 2015). Below are some of these follower characteristics. 1. Intense emotional bond 2. High degree of respect affection, and esteem for the leader 3.
Relationship between China-Japan, China-Australia and...
In this section I will be detailing and comparing the relationships between China-Japan, China-Australia, and China-Venezuela. I am first going to start with the relationship between China and Japan. I will begin with the time frame between the years of 1949-1969. During this time, China sees Japan as a threat, which is not surprising because of Japanââ¬â¢s assault against China in the 1890s to 1920s, Japans brutal occupation of China in the 1930s and 1940s and Japanââ¬â¢s role in Americaââ¬â¢s containment strategy against China. China counters Japan by forming a military alliance with the Soviet Union in 1950. This alliance was indirectly directed at the United States but primarily directed against Japan. China tried to encourage Japan to have better relations by playing upon Japanese war guilt and issues of Japanese behavior in the 1930s and ââ¬Ë40s. This didnââ¬â¢t work in the political dimension of the relationship. China felt that better relations with Japan would be useful, both politically and economically. But Japan would not normalize relations because of its close relationship with the United States and the nationalists. On the economic front, things were different, as trade started to grow. The countries are so close to one another that it made sense. Meanwhile, Japan is still recovering from the war, but is recovering rapidly and becomes an important potential partner for China. In the 1960s the forming of a trade relationship began. The two countries assign some memorandums ofShow MoreRelatedCase Study Questions On Business Communication1722 Words à |à 7 Pagesfirst time; Express your disagreements in appropriate ways; Have dinner with your clients. From theory to practice, Hofstedeââ¬â¢ s model and Hallââ¬â¢s model applied in this report to help our employees make a deeper understanding of cultural differences between Australian and Chinese workplace. If there is anything further I can do to help, please do not hesitate to contact me. Best Regard, Lin Ke Lin Ke International group ABCD Corporation Tel: +61 (0)4 22252680 Email: LinKe@ahcd.com.au Read MoreThe Great Powers Of The United States1682 Words à |à 7 Pagesand militarily dominant, were the victors of WWII: U.S, Great Britain, Russia, France and China. The rest of the world fell into the category of small power, with little influence in shaping the international system. As Germany and Japan recovered from their devastating defeats in the Second World War, they fought their way back into the classification of great powers. Although this North-South relationship was well known - rhetoric on the subject dates back to the turn of the century- the rise ofRead MoreInternational Human Resource Management Practices1645 Words à |à 7 Pagesdifferences between countries in terms of their cultures and institutions on international Human Resource Management within multinational companies (MNCs). The study of culture will focuses on two perspectives by Geert Hofstede and Fons Trompenaars. The next discussion is about the requirement to develop international managers in MNCs. 2 Differences between countries in terms of their cultures and institutions The first issue that we are going to discuss is about the differences between countriesRead MoreGreet Hofstede`S Dimensions Essay1010 Words à |à 5 Pagesauthority. They treat each other equal; no matter you are a worker or a boss. Another example I can give example again from USA. Here, President Obama can freely walk on streets talk with ordinary people, give them autographs etc. France, Russia, China, Turkey are high power distance countries and most Eastern countries and Muslim countries are high power distance countries. Individualism and collectivism. In individualistic cultures people focus on their individual goals. Everyone looks afterRead MoreCultural Management Issues in the Tourism Industry3782 Words à |à 15 Pagestours can attract American ecological tourists to travel to countries such as our current target, China. We are a culturally eclectic group of advisors specialising in all aspects of tourism. Cultural sensitivity is not only our watchword, but our bottom line. Please do not feel overwhelmed by all of this information. Some of you may feel as though you are back in college. Rest assured, the difference between profit and bankruptcy in our business is the ability to sell in that persons culture. PeopleRead MoreValue Chain Analysis : Toyota Motor Corporation Essay2618 Words à |à 11 PagesValue Chain Analysis Toyota Motor Corporation (TMC) is a Japan based motor vehicle and sales company. The company was founded in 1937 and from there has blossomed into a global empire. As of March 31, 2014 the company boasted over 330,000 employees. TMC vehicles are sold in Canada, U.S.A, Argentina, Brazil, Mexico, Venezuela, Europe, South Africa, China, Taiwan, India, Indonesia, Malaysia, Pakistan, Philippines, Thailand, and Australia. TMC mission states ââ¬Å"Toyota will lead the way to the futureRead MoreLion Nathan Swot Analysis1881 Words à |à 8 PagesMGMT 245 Cultural Dimensions of International Business SWOT Analysis 4/30/07 Introduction- This SWOT analysis is regarding Lion Nathan China Brewing Company and their competitive advantage in their business. The major issue in this case is analyzing the company s background and reasons for expanding into China while trying to forecast an appropriate managerial decision regarding the company s future. There are many sources of information we can use to inform us of the past decisions madeRead More Hugo Chavez: Love Him or Loathe Him? Essay4572 Words à |à 19 Pagesreally believe he is so dangerous in the eyes of the United States that he would be viewed as a candidate for extermination? Hugo Chavez is the duly elected leader of a relatively small country on the northern coast of South America called Venezuela. It is a nation whose regional stature has, in the last twenty years, grown in influence in total disproportion to its size. The reason for Venezuelas increasing political clout is simple. It is the owner of vast reservoirs of liquid gold. ItRead MoreU.S. Import Export Analysis2253 Words à |à 10 PagesIt also presents the leading U.S. imports and exports in terms of value along with the important partners. Design/methodology/approach- The author explains the balance of trade including the rise and fall of U.S. trade deficit using the analysis between different countries imports and exports. Research limitations/implications- The study is limited to analysis of imports, exports, trade surplus and deficit of U.S. trading. Originality/value- This paper will help to build up the understanding aboutRead MoreCharismatic Leadership : A Charismatic Leader1603 Words à |à 7 Pagescharismatic leaders sacrifice themselves as they are willing to put up with hardship to defend their beliefs and achieve their vision (Nahavandi, 2015). Characteristics of the followers Given that a charismatic leadership results from a relationship between a leader and followers, these followers have certain characteristics (Nahavandi, 2015). Below are some of these follower characteristics. 1. Intense emotional bond 2. High degree of respect affection, and esteem for the leader 3.
Relationship between China-Japan, China-Australia and...
In this section I will be detailing and comparing the relationships between China-Japan, China-Australia, and China-Venezuela. I am first going to start with the relationship between China and Japan. I will begin with the time frame between the years of 1949-1969. During this time, China sees Japan as a threat, which is not surprising because of Japanââ¬â¢s assault against China in the 1890s to 1920s, Japans brutal occupation of China in the 1930s and 1940s and Japanââ¬â¢s role in Americaââ¬â¢s containment strategy against China. China counters Japan by forming a military alliance with the Soviet Union in 1950. This alliance was indirectly directed at the United States but primarily directed against Japan. China tried to encourage Japan to have better relations by playing upon Japanese war guilt and issues of Japanese behavior in the 1930s and ââ¬Ë40s. This didnââ¬â¢t work in the political dimension of the relationship. China felt that better relations with Japan would be useful, both politically and economically. But Japan would not normalize relations because of its close relationship with the United States and the nationalists. On the economic front, things were different, as trade started to grow. The countries are so close to one another that it made sense. Meanwhile, Japan is still recovering from the war, but is recovering rapidly and becomes an important potential partner for China. In the 1960s the forming of a trade relationship began. The two countries assign some memorandums ofShow MoreRelatedCase Study Questions On Business Communication1722 Words à |à 7 Pagesfirst time; Express your disagreements in appropriate ways; Have dinner with your clients. From theory to practice, Hofstedeââ¬â¢ s model and Hallââ¬â¢s model applied in this report to help our employees make a deeper understanding of cultural differences between Australian and Chinese workplace. If there is anything further I can do to help, please do not hesitate to contact me. Best Regard, Lin Ke Lin Ke International group ABCD Corporation Tel: +61 (0)4 22252680 Email: LinKe@ahcd.com.au Read MoreThe Great Powers Of The United States1682 Words à |à 7 Pagesand militarily dominant, were the victors of WWII: U.S, Great Britain, Russia, France and China. The rest of the world fell into the category of small power, with little influence in shaping the international system. As Germany and Japan recovered from their devastating defeats in the Second World War, they fought their way back into the classification of great powers. Although this North-South relationship was well known - rhetoric on the subject dates back to the turn of the century- the rise ofRead MoreInternational Human Resource Management Practices1645 Words à |à 7 Pagesdifferences between countries in terms of their cultures and institutions on international Human Resource Management within multinational companies (MNCs). The study of culture will focuses on two perspectives by Geert Hofstede and Fons Trompenaars. The next discussion is about the requirement to develop international managers in MNCs. 2 Differences between countries in terms of their cultures and institutions The first issue that we are going to discuss is about the differences between countriesRead MoreGreet Hofstede`S Dimensions Essay1010 Words à |à 5 Pagesauthority. They treat each other equal; no matter you are a worker or a boss. Another example I can give example again from USA. Here, President Obama can freely walk on streets talk with ordinary people, give them autographs etc. France, Russia, China, Turkey are high power distance countries and most Eastern countries and Muslim countries are high power distance countries. Individualism and collectivism. In individualistic cultures people focus on their individual goals. Everyone looks afterRead MoreCultural Management Issues in the Tourism Industry3782 Words à |à 15 Pagestours can attract American ecological tourists to travel to countries such as our current target, China. We are a culturally eclectic group of advisors specialising in all aspects of tourism. Cultural sensitivity is not only our watchword, but our bottom line. Please do not feel overwhelmed by all of this information. Some of you may feel as though you are back in college. Rest assured, the difference between profit and bankruptcy in our business is the ability to sell in that persons culture. PeopleRead MoreValue Chain Analysis : Toyota Motor Corporation Essay2618 Words à |à 11 PagesValue Chain Analysis Toyota Motor Corporation (TMC) is a Japan based motor vehicle and sales company. The company was founded in 1937 and from there has blossomed into a global empire. As of March 31, 2014 the company boasted over 330,000 employees. TMC vehicles are sold in Canada, U.S.A, Argentina, Brazil, Mexico, Venezuela, Europe, South Africa, China, Taiwan, India, Indonesia, Malaysia, Pakistan, Philippines, Thailand, and Australia. TMC mission states ââ¬Å"Toyota will lead the way to the futureRead MoreLion Nathan Swot Analysis1881 Words à |à 8 PagesMGMT 245 Cultural Dimensions of International Business SWOT Analysis 4/30/07 Introduction- This SWOT analysis is regarding Lion Nathan China Brewing Company and their competitive advantage in their business. The major issue in this case is analyzing the company s background and reasons for expanding into China while trying to forecast an appropriate managerial decision regarding the company s future. There are many sources of information we can use to inform us of the past decisions madeRead More Hugo Chavez: Love Him or Loathe Him? Essay4572 Words à |à 19 Pagesreally believe he is so dangerous in the eyes of the United States that he would be viewed as a candidate for extermination? Hugo Chavez is the duly elected leader of a relatively small country on the northern coast of South America called Venezuela. It is a nation whose regional stature has, in the last twenty years, grown in influence in total disproportion to its size. The reason for Venezuelas increasing political clout is simple. It is the owner of vast reservoirs of liquid gold. ItRead MoreU.S. Import Export Analysis2253 Words à |à 10 PagesIt also presents the leading U.S. imports and exports in terms of value along with the important partners. Design/methodology/approach- The author explains the balance of trade including the rise and fall of U.S. trade deficit using the analysis between different countries imports and exports. Research limitations/implications- The study is limited to analysis of imports, exports, trade surplus and deficit of U.S. trading. Originality/value- This paper will help to build up the understanding aboutRead MoreCharismatic Leadership : A Charismatic Leader1603 Words à |à 7 Pagescharismatic leaders sacrifice themselves as they are willing to put up with hardship to defend their beliefs and achieve their vision (Nahavandi, 2015). Characteristics of the followers Given that a charismatic leadership results from a relationship between a leader and followers, these followers have certain characteristics (Nahavandi, 2015). Below are some of these follower characteristics. 1. Intense emotional bond 2. High degree of respect affection, and esteem for the leader 3.
Sunday, December 22, 2019
The Symposium And The Bhagavad Gita Essay - 1725 Words
Paper Assignment 2 Prompt 1 When it comes to the subject of love and desire, it would seem that The Symposium and The Bhagavad Gita disagree as to whether those qualities are beneficial to achieving spirituality or detrimental. In the Symposium, Plato states that desire is part of the pathway to achieving spirituality. By contrast, the unnamed author of the Bhagavad Gita seems to state that desire is an obstacle in the pathway to achieving divinity. Their perspectives can seen through their texts that connect of love to the divine, Platoââ¬â¢s way of reaching divinity and the way of reaching divinity that is mentioned in the Hindu scripture of The Bhagavad Gita. Through the readings of The Bhagavad Gita and The Symposium, it is clear that love and desire seems to be a asset to fulfilling oneââ¬â¢s divinity rather than an obstacle. An important part of the subject is that in both The Symposium and The Bhagavad Gita, love is seen as sort of a divine force. At the setting of the Symposium, Plato, through the speeches of the other great minds at the Symposium, introduces the possible concepts that Love might be a God that is one of the beautiful gods of all. However, according to Plato, love is neither a god nor human, but ââ¬Å"He is a great spirit, Socrates. Everything classed as a spirit falls between god and humanâ⬠(Plato 38). This quote is crucial to the rest of the content of The Symposium because by saying that Love falls in between the status of gods and humans, Plato is able toShow MoreRelatedThe Bhagavad Gita And The Symposium2073 Words à |à 9 PagesDesire in the Bhagavad-Gita and the Symposium Concepts of love and desire cross cultures and time periods, defining human interaction and goals with its powerful force on the human mind. The line between love and desire is not always clear and people from philosophers to scientists have attempted to understand these complex emotions and how they may be right or wrong. Desire has been characterized mainly as a distraction that will hinder humans on their solitary paths to self- enlightenment, butRead MoreDesire In The Symposium1508 Words à |à 7 PagesIn Platoââ¬â¢s The Symposium, a group of well-versed men consider philosophical arguments, specifically regarding the role desire plays in a virtuous life. As academics and philosophers who hold high rank in the social system of ancient Greece, these men are praised for their wisdom and eloquence. One such philosopher, Pausanias, gives a speech early in the text that addresses desire as a multifaceted concept, setting the tone for the novel. The Bhagavad-Gita, an ancient India n text that is much reveredRead MoreLove And Devotion : Everlasting Concepts With Innumerable Meanings1655 Words à |à 7 Pageschanged; and the studying of great texts such as the Platoââ¬â¢s Symposium, the Book of Ruth in the Hebrew Bible, and the Bhagavad Gita have contributed to the expansion of my knowledge on such abstract topics. Love holds various meanings that vary from person to person, which is largely what is so remarkable about it. Love is an emotion, a drive, an expression; love is many things combined into one strong pull to some force. In The Symposium, love holds many interpretations by the various speakers, butRead More Siddhartha Essay: Hindu and Buddhist Thought1501 Words à |à 7 Pagesbetween Siddhartha and the Bhagavad Gita, an important poetical document of the Hindu religion. Timpe maintains that Hesse was influenced largely by the Bhagavad Gita when he wrote his book and that the protagonist was groping his way along the path prescribed by the Bhagavad Gita. Hesse was indeed familiar with this important work, and a comparison between it and Siddhartha is rewarding. à As Timpe points out, the basic central problems of Siddhartha and the Gita are similar: how can theRead MoreConcepts Of Love And Desire2059 Words à |à 9 Pagesbecause they are literally regarded as a disposable vessel for the real spirit which is placed in much higher standing within the world order. In the same way, ââ¬Å"beauty of minds as more valuable than that of the bodyâ⬠(Plato 48) is an emphasized in the symposium. This connection to the concept of the other text where the bodies of humans and other material things are of much less value than that which is less tangible. The mind is valued for its infinite possibilities and its connection to knowledge. The
Saturday, December 14, 2019
The History and Colonization of Libya and itââ¬â¢sIndependence Free Essays
Approximately ninety percent of Libya is roofed with desert. That desert is mostly the vast Sahara Desert; the worlds largest hot desert. Although most of the region is very barren, Libyaââ¬â¢s northern border is a stunning coastline. We will write a custom essay sample on The History and Colonization of Libya and itââ¬â¢sIndependence or any similar topic only for you Order Now Its healthy, luscious fields and beautiful beaches extend along the Mediterranean Sea for approximately a thousand miles. Phoenician sailors, who are now located in the area now named Lebanon, built ports on Libyaââ¬â¢s Mediterranean coast in Tripolitania beginning in 1300 B. C. Their vessels were constructed from cedar trees, which they used to sail across the Mediterranean transforming them into some of the greatest traders of their time. Phoenicians sailors had a different reason for establishing ports than then the usual economic gains. The reason for them establishing ports was because they wanted places along their trade route from Phoenicia to Spain where their cedar vessels could dock. Even though the Phoenicians continued doing this, they did little to take over the area. What the Phoenicians did do was establish the city of Carthage, which was in todayââ¬â¢s Tunisia. By themselves, Carthage grew into a prosperous seaport and became an autonomous power with no help. Carthage built up a burly military force and soon Carthaginians started ruling areas like Tripolitania. Unlike the Phoenicians, the Carthaginians established numerous colonies, which they ruled with force. The Libyans disliked the Carthaginians due to the fact that the rulers stipulated that the Libyans have to give up to half of their crops each season and how the Carthaginians ââ¬Å"sacrificed their own first-born children to their implacable godsâ⬠(Isichei 161). The Libyans found that despicable and appalling. Carthage was getting attacked by Rome and battling went on and off for more than a hundred years. Finally, Rome defeated Carthage in 146 B. C. In 146 B. C. Romans gained control over the Carthaginian Empire. The Roman Empire used Tripolitaniaââ¬â¢s coastal area as one of their main sources of grain and other provisions. The Greeks ruled Cyrenaica but it soon fell under Roman rule. The Greek stronghold was in Cyrenaica. Greek explorers and warriors constantly explored the region for centuries. First, they tried to use the area as a route to overrun Egypt. Later, Cyrenacia became an abundant Greek fishing area. Seeing that no one had colonized the only port in North Africa the Greeks took better management of the land. Now that the Romans were in power the region continued to flourish for several hundred years, and the inhabitants escalated. When the empire was growing weaker, the Romans lost control of North Africa. The next groups in Libya were the Vandals, who came from an area that is now occupied by Germany. Their minds were fascinated by North Africaââ¬â¢s wealth, so they arrived in the area in about 435. Among the invaders, the Vandals made the first serious effort to settle in some of Libyaââ¬â¢s mountains and desert areas. But the nomadic people who resided in the regions often fought them off. The Vandals lost authority after about a century of decree. When the Arabs arrived in 643, they brought the new religion of Islam with them. The people in the region quickly adopted Islam but they resisted Arab political rule. Within four hundred years most people in Libya were Muslims. The Aghlabids were amongst the most thoughtful Islamic leaders of Libya; the area was back in order, and reinstated the irrigation systems that the Romans left back, which brought opulence to the region from the surplus being produced. A minor colonization was by Spain in 1510 when they captured Tripoli but soon the Ottoman Empire took over all of Libya. Like all the other groups that had invaded Libya, the Ottomans faced the resistance of the Libyan people. The Libyans ââ¬Å"were proud and did not easily accept foreign ruleâ⬠(Willis 50). Throughout history, groups of Libyan rebels often tried to resist the invaders. Many of the opposition leaders had ties to a religious organization called the Sansui Brotherhood. As the Ottomans lost grip of their colony, the Italians moved in. Italy had major reasons for colonizing Libya. First of all, Italy thought that if they had control over Tripoli, they would have greater trading power in the Mediterranean Sea. Also Italy just wanted to have the feel for having a colony in North Africa. Another major reason was the fact that the British already had control over Egypt and so Italy feared that France would seek after Libya. After months of engaging in warfare against the invading Italian forces, the Ottomans finally gave up their colonized land of Libya in 1911. When Italy decided to enter WWI on the side of the allies, this move weakened Italyââ¬â¢s grip on Libya in 1915 because they couldnââ¬â¢t focus against the rebellions in Libya while trying to help the Allis win WWI. Some of the things they did to ease the rebellions was in 1917, when ââ¬Å"Italy signed a peace agreement with the leader of the Sanusi, Idris al-Sanusi, recognizing him as the emir of Cyrenaicaâ⬠(Miller 32-33). But when fascist dictator, Benito Mussoliniââ¬â¢s rose to power in Italy in 1922 he gave Italy its willpower to gain control over their colony once again. Libya was not finally freed from Italian rule until 1943, when Italy was crushed in WWII. After the war, the UN decided that Libya should become a constitutional monarchy and in 1951 the Kingdom of Libya was officially formed. The national assembly elected Libyaââ¬â¢s first king, Muhammad Idris al-Sanusi, who had been a leader of the Libyan resistance movement against Italy. After decades of monarchy, Libyans are again fighting for their independence and freedom even though they became independent in 1951. They are now in an internal struggle against a tyrannical government. The countryââ¬â¢s dictator Muammar Gaddafi, once revered as a great colonel has promised not to leave his reign of terror until he dies. With the help of other countries the Libyan people are achieving the true freedom that every person in this world is entitled to. How to cite The History and Colonization of Libya and itââ¬â¢sIndependence, Papers
Friday, December 6, 2019
Financial Market Volatility Samples for Students â⬠MyAssignmenthelp.co
Question: Discuss about the Financial Market Volatility. Answer: During the 1980s and 1990s a number of countries have taken steps to facilitate domesticand cross-border trading in marketable financial instruments. During the same period there have beenmajor advances in technology which, together with the development in financial techniques andhedging instruments, have significantly increased the integration of financial markets. (Tan, 2015) These changes have, undoubtedly, improved the global allocation of financial capital.However, there is also a perception that the volatility of financial asset prices has risen, or perhaps hasfailed to decline, as might have been expected in the more stable inflation environment compared withthe early 1980s. If true, this would be surprising and raises important questions with regard to both themeasurement of volatility and its causes, in particular the effects of such factors as deregulation,internationalization of portfolio management, the use of new hedging instruments and macroeconomicpolicies. In turn, a possible rise in financial asset price volatility might have macro- andmicroeconomic consequences if there were to be effects on the allocation of financial resources andthe stability of financial markets. Such implications might call for policy responses. (Bebczuk, 2013) Since last summer volatility in many financial markets has picked up and there have been a number of short lived episodes of extreme volatility and impaired market liquidity. Implied volatilities have risen and in a number of the cases that can be shown have returned to around pre crisis levels. Moreover, longer term measures of volatility have generally increased alongside shorter term measures, as plotted charts can depict 2 year implied volatilities alongside 3 month volatilities. (Valdez, 2015) The public has also witnessed some very large moves in financial markets over the past six months. Here, it is important to draw on two examples which include the 15 October increase in US Treasury yields following the publication of unexpectedly weak US retail sales data, and the 15 January appreciation of the Swiss franc following the SNBs decision to remove its peg to the euro. The events had different drivers, but there are some common themes that would be drawn out. (Honeygold, 2012) What unites the 15 October and 15 January episodes is that the immediate intraday reaction to the news was unprecedented. The intraday change in 10 Year US bond yields was 37 bps, with most of this move happening within just an hour of the data release. The intraday range represented nearly eight standard deviations, exceeding the price moves that happened immediately following the collapse of Lehman Brothers. On 15 January, the Swiss franc appreciated by 14%. The intraday range was several times that number, and market participants continue to debate the highest traded value of the franc on the day. (Cohen, 2013) Such events could imply that a number of major asset markets may have become more sensitive to news, so that a given shock causes greater volatility. A number of recent statistical studies also imply this conclusion, suggesting that these recent episodes are a part of a broader pattern, even if they were exceptional in their scale. Some drawn charts, using the output of a model estimated by Bank staff, is representative of the statistical analysis just referred to. The charts compare the estimated impact on UK equity and corporate debt asset price volatility of a given price shock in the post crisis period relative to the pre crisis period. Post crisis, both corporate debt volatility and equity market volatility appear to have become more responsive to a given price shock. This pattern is also apparent when the model is applied to a number of other important asset markets, including for example US listed equities. (Duffy, 2013) Liquidity was clearly affected on each of 15 October and 15 January. Measures of trading volumes, which provide one metric of liquidity, were reportedly high on both days for most affected markets. But the ability of market participants to trade without affecting prices, or in some cases, to trade at all, was clearly very limited at various points on these days. The intraday loss of liquidity was probably even starker on 15 January, from what we can tell, with widespread feedback that foreign exchange trading platforms stopped quoting Swiss francs for periods of time, while liquidity in the Swiss fixed income market was all but lost on the day and remained impaired for a few days. The performance of the US Treasury market was also materially affected on each of these days, such that much smaller trades than normal moved prices. (Hussain. 2016) But in each of these cases there were stabilizing forces that meant volatility subsided and liquidity returned relatively quickly. In the case of the 15 October event, what had been a crowded trade was pushed so far from prices viewed as justified by fundamentals that market participants were willing to provide support to the market. Similarly there was a reappraisal of the fundamentally justified level of the Swiss franc in the days that followed the removal of the peg, following public comments by the SNB. (Duffy, 2013) Volatility declined, if not all the way back to the pre news level, relatively quickly following these initial spikes. This is most true of the15 October episode: the implied volatility of 10 year interest rate swaps retraced about half of its upward move after two days, and was back to pre October 15th levels within just two weeks. This quick stabilization helped to limit contagion to other markets. (Fabozzi, 2015) Neither the increase in baseline volatility, nor the recent episodes that have been described, in of themselves materially affected stability in the United Kingdom. Basically, the question becomes what lessons can be learnt? Why have volatility and liquidity evolved in this way? And is there an important fact about it? (Avellaneda, 2011) Starting with the Why? market intelligence suggests that uncertainty surrounding the global outlook has been one factor; itself in no small part a consequence of the unexpected rough halving in the price of oil since last summer. This uncertainty can be seen in the recent increase in the dispersion of economists forecasts for inflation in the US, UK and euro area during 2015. (Banks, 2013) Central banks themselves have reacted to the changed global outlook and monetary policy makers have been active in recent months. Indeed, so far this year 24 central banks have cut their policy rates. Moreover, the decisions by the ECB and three other central banks since last summer to set negative policy rates have raised questions about where the lower bound for monetary policy exists. Clearly the answer is no longer as simple as just above zero for all central banks. And those decisions are raising questions about how markets work when negative rates persist several years down the yield curve. The combination of this macroeconomic news and central bank action means the assumed known of low for long (but positive) policy rates which market participants could cite as little as a year ago has been replaced by a less than certain landscape, helping to explain why baseline volatility has picked up since last summer. (Riles, 2014) But while this increase in macroeconomic uncertainty and central bank activity can explain some of the general increase in the level of volatility, it cannot explain the severity of events such as 15 October or 15 January. To explain these events we probably need to look elsewhere. The obvious place to turn to is market structure, given that FICC markets, which rely on intermediaries to make markets and warehouse risk, are going through considerable change. (Voit, 2015) Here, two important points can be highlighted which are contributing themes noted by market participants in the Fair and Effective Markets Review, both related to the provision of liquidity. First, market makers have become more reluctant to commit capital to warehousing risk. During the market intelligence conversations some have suggested that this reflects a combination of reduced risk tolerance since the financial crisis, and the impact of regulation designed to improve the resilience of the financial system. (Shiller, 2016) This reduction in market making capacity has been associated with increased concentration in many FICC markets, as firms have been more discriminating about the markets which they make, or the clients they serve. This trend has gone hand in hand with a growth in assets under management by the buy side community. The combination has served to amplify the implications of reduced risk warehousing capacity of the intermediary sector relative to the provision of liquidity from market makers during times of market stress relative to the past. That said, a comparison between the market liquidity of today and that of pre-crisis can be made. One does not need a long memory to recall the impact of under pricing liquidity risk on the highly leveraged market makers. Returning to such a situation would be a misplaced aspiration. (Schwartz, 2012) Electronic platforms are now increasingly used across the various FICC markets. In some cases regulation has been the cause but in others, such as foreign exchange markets, firms have over a number of years increasingly embraced electronic forms of trading. This includes using request for quote platforms to automate processes previously carried out by phone. Electronic platforms are effective in pooling liquidity in normal times but may have the potential, at least as currently calibrated and given todays level of competition, to contribute to discontinuous pricing in periods of stress if circuit breakers result in platforms shutting down. There has been much commentary about the temporary unavailability of a number of electronic trading platforms in the immediate aftermath of the removal of the Swiss franc peg. (Poon, 2015) Financial markets have told the world what they think of the election of Donald Trump as US president and it is not good. Global stocks, both the futures and in the physical market, started to weaken when the votes started hinting that Trump might get close. They tanked when it was clear Trump would probably win. (Do?pke, 2014) There was extreme market volatility as the updated tally of votes were posted minute by minute but with an average fall of around 4% (at the time of writing), the value of global stocks has already dropped around US$3tn in value. US stock futures fell around 4.5%, throughout Europe and the UK stocks are down around 4% to 5%, while Japan is down over 5%. These numbers are fluid, but the verdict and direction are clear. (James, 2011) This market reaction reflects the fear and uncertainty surrounding how president Trump will run the economy, frame the budget and operate on the international stage. As has been well analyzed, there are irreconcilable differences in the economic policy aims of Trump lower taxes and a smaller deficit do not go together, as an example. (Kettell, 2012) Make America Great Again, the slogan from the Trump campaign, involves the US raising barriers to international trade in an effort to protect US industry. If Trump follows through and works to restrict trade, especially with China where the US runs a huge trade deficit, there is a genuine threat that the global economy will stall, perhaps falling back into recession. The decades of productivity and income benefits from strong global trade risk coming to an end. Periods of weak global trade are inevitably associated with sluggish growth, stalled productivity and falling living standards. (Valdez, 2015) To think that other countries will not retaliate against the US with their own trade restrictions is to ignore history. There seems little doubt that US multinationals and exporters have as much, if not more, to lose more than the protected industries in the US will gain. The world economy will be weaker as a result of Trumps policy agenda. (Tan, 2015) If the Chinese economy, which is the trading powerhouse of the world, suffers from a slump in global trade, the fallout will be far and wide. Commodity markets will falter, the services sector will weaken and countries that have significant economic links to China will obviously be under pressure. There will be a shock that will be felt around the world. (Duffy, 2013) Financial markets know this, which accounts for the price action in stock markets in the wake of the election result. The other part of the market reaction has been in the bond market where yields have plummeted as they usually do when risk of recession increases. Investors have aggressively sold stocks and moved it into the relative security of the bond market. The US Federal Reserve, which was on the brink of hiking interest rates on the back of an improving economy, is now likely to sit until it sees the fallout from the election result at least according to market pricing. Indeed, some smart money is pricing in a risk that the Fed will have to ease monetary policy into 2017 in reaction to a weaker economy. (Bebczuk, 2013) Global interest rates and bond yields have followed this lead as the inevitable global economic slowdown is set to unfold. Expect central banks around the bulk of the world to implement easier monetary policy in the months ahead. If the financial markets are correct, a Trump presidency will be bad for economic growth and bad for global trade. The markets might be wrong. Sometimes they overreact to news events. As a result, there could be a market rebound when the dust of the election result settles and the policy reality confronts Trump, including dealing with the tensions within Congress, even though the Republicans will control both houses. Perhaps some of the policy proposals will not be delivered. Clearly it is too early to call. (Honeygold, 2012) References Avellaneda, M. (2011). Quantitative analysis in financial markets: Collected papers of the New York University MathematicalFinance Seminar, v.2. Singapore: World Scientific Publ. Banks, F. E. (2013).Global finance and financial markets: A modern introduction. Singapore: World Scientific. Bebczuk, R. N. (2013). Asymmetric information in financial markets: Introduction and applications. Cambridge : Cambridge Univ. Press. Cohen, J. (2013). Financial Markets. Oxford: Butterworth-Heinemann. Do?pke, J., Pierdzioch, C. (2014). Financial market volatility and inflation uncertainty: An empirical investigation. Kiel: Kiel Institute of World Economics. Duffy, D. J., Germani, A. (2013). C? for financial markets. Chichester, West Sussex: John Wiley Sons. Fabozzi, F. J. (2015). Handbook of Finance: Financial Markets and Instruments. Hoboken: John Wiley Sons. Honeygold, D. (2012). International financial markets. New York: Nichols Pub. Co. Hussain, A. (2016). Managing operational risk in financial markets. Oxford: Butterworth-Heinemann. James, W. T. (2011). Financial market volatility: A symposium. Kansas City, Mo.: Federal Reserve Bank of Kansas City. Kettell, B. (2012). Economics for financial markets. Oxford: Butterworth-Heinemann. Poon, S.-H. (2015). A practical guide for forecasting financial market volatility. Chichester: Wiley. Riles, A. (2014). Collateral knowledge: Legal reasoning in the global financial markets. Chicago: University of Chicago Press. Schwartz, R. A. (2012). Volatility. New York: Springer. Shiller, R. J. (2016). Market volatility. Cambridge, Mass: MIT Press. Tan, C. H. (2015). Financial markets and institutions in Singapore. Singapore: Singapore University Press. Valdez, S. (2015). Introduction to Global Financial Markets. Palgrave Macmillan. Voit, J. (2015). The statistical mechanics of financial markets. Berlin: Springer.
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