Introduction Ⅰ. Analyze the effect central bank easing during the Great Recession had on global equity markets. After 10 useless actions of federal funds rate cut from 5.25% to 0.25%, the Federal Reserve turned to quantitative easing for the first time in history. Under the high financial pressure caused by funding for several institutions that were on the verge of bankruptcy, the Federal Reserve announced the enforcement of QE1 “In late November 2008, the Federal Reserve started buying $600 billion...
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For the risk adjustment of expected cash flows, the certainty equivalent cash flows replace the risky cash flows with risk-free cashflow. The certainty equivalent is, of course, lower than the uncertain cash flow and the bigger the risk, the higher the downward adjustment. If this adjustment is made, it is also necessary to use the risk-free rate as the discount rate since the cash flows are now risk-free. De facto, it is extraordinarily difficult to assess the probability of distress...
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a) Why could the new accounting standard trigger debt covenants (that is, create a technical default)? Accounting standard can be alluded to as a typical arrangement of norms and standards or the strategies that plot the premise of the bookkeeping exercises and approaches. Organizations with enormous armadas need to take a gander at the genuine effect on their business, composes Alexandra Cain. 10 years after the thought was proposed, it's presumable another bookkeeping standard will expect organizations to perceive working...
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Since the beginning of the 20 century, printing has been revolutionized from improving the rate of printed production to the involvement of digital technology into printing. Even into the 21 century, printing has been innovated to the point where people are able to print not only materials but food as well. Thus, becoming a new trend in society today. 3D food printing has an interesting beginning, is helping people in the food industry, and has the potential to be used...
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Abstract: The Arab uprisings tried to change the political domains in the Middle east. But the democratic system is not suitable for those Monarchic states because the leaders have tried to calm the protestors’ anger and continue with their rule. Protestors are being suppressed by them. A secondary research methodology is being used. The trends emerged in post Arab Spring period vary from one state to another. It was not success through out the region. Consequences are observed in different...
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“ That is part of the beauty of all literature. You discover that your longings are universal longings, that you are not lonely and isolated from anyone. You belong.”- F. Scott Fitzgerald. Roaring 20’s is described as a vibrant era filled with amazing authors like F. Scott Fitzgerald, Langston Hughes, and Gertrude Stein. As writers, their works were influenced by the world around them by what they saw and felt. During this time period, many movements surfaced bringing along a...
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Abstract: This essay gives you important guidelines on the detailed explanation of the Social Cognitive Theory i.e. historical background on the development of Social Cognitive Theory, evolution to the current status and contribution of Albert Bandura as the main theorist as well as other social scientists. This essay goes into the detail explanation of social learning and social change with the application of media interaction and learning, the introduction of International Communication Technology (ICT), a rapid increase in media contents...
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This literature review will overview current theory and knowledge regarding the crisis facing the British prison in the UK. It will utilise prison based literature to highlight a radical theory of penality (Paris, 2007) presented by Angela Davis, Joe Sim and others. The current situation surrounding the British prison is often cited in official reports and academia, alongside the strong presence of mainstream media control (Ibid). Using prison based literature, this review will use existing empirical evidence to draw data...
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Introduction The Arab Revolution also named Arab Spring is a huge protest movement that occurs in most Arab country at the end of year 2010 and early 2011. Arab Spring is seen as the main point to a new change to more democratic at Middle East. The word Spring refers to a flower season that related with a beautiful, and colorful and changes from winter to spring. There are many meanings of Arab spring has been defined from many scholars....
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The study of Media history, Media and Society is one that requires one to have an open mind and offer critic when necessary. This study also requires one to be very analytical in terms of how the media displays reality to its audiences. This study also involved the relationship between the producers of media information and the receivers of the information provided by the media. The early forms of oral communication and printed communication, globally Oral communication has its origin...
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Fire!! Magazine, subtitled ‘Devoted to Younger Negro artists’ was published, for the first and final time, in New York in 1926. Despite the number of African American periodicals released before this magazine, Fire!! “caused a sensation […] which had never been known in Negro journalism before”[footnoteRef:1]. Edited by Wallace Thurman with contributions from other black artists of the Harlem Renaissance, Matthew Hannah argues that Fire!! advocated for “aesthetic representations of life as it really is, regardless of the “moral” considerations...
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The importance of tropical crops With rising population and urban movement, associated with factory production system, there was increased need in agricultural production. 'Although British agricultural output was rising, still, there was need for imports. “While population more than tripled in the course of the Industrial Revolution, domestic agricultural output did not even double” (Clark, 2007, p. 247). These imports, however, needed to be paid by exporting manufactured goods. It turned Britain into “the workshop of the world”. Moreover, West...
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Introduction Wildlife poaching of iconic African wildlife such as elephants and rhinos has become a huge issue for the tourism industry in Africa. A booming black market trade worth hundreds of millions of dollars is fuelling corruption in Africa’s ports, customs offices, and security forces as well as providing new revenues for insurgent groups and criminal networks across the continent. Rather than narcotics, small arms, or other commonly trafficked goods, however, it is record-breaking numbers of poached elephants and rhinoceroses...
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While most endangered species are under threat from habitat loss due to encroaching human development, African rhinos face only one major threat: poaching, specifically for their horn. The IUCN (The International Union for Conservation of Nature), TRAFFIC, and Asian Rhino Specialist Groups have recognized Vietnam as “the principal end-use market” for rhino horn. Surprisingly, a study conducted by the World Wildlife Fund and TRAFFIC in 2013 discovered that “educated, successful and powerful individuals are the main market for horns.” Alarmingly,...
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There are many monstrosities committed against animals globally on a daily basis. One of the notable crimes against animals is the illegal poaching of rhinoceros and elephants for ivory. Ivory is one of the most precious materials and it is used for an abundance of reasons. The main reason poaching has become a problem is because western culture believes ivory has medicinal purposes. This makes ivory extremely valuable to the African people. One pound of ivory can be worth upwards...
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Case Study The majestic African Elephant is faced with the fight of its life, threatened by poachers all over Africa. Through non-governmental organizations and the support from local communities, there is still hope for the African Elephant to thrive. “My fascination with and love for elephants began when I first encountered a herd. I was on foot in the forests on the rim of Ngorongoro Crater,” says Jane Goodall, founder of the Jane Goodall Institute and a UN Messenger of...
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In reality however, when considering the hypocrisy and lack of evolution after his initial revival of the organisation, he was not as important as he suggested. His ‘knights’ exercised the lynching of accused murderer Leo Frank for killing young factory worker Mary Phagan after not receiving a life sentence. Despite gaining Northern industrialist support as a direct result, this was ultimately insignificant because these groups were popular among fraternally structured organisations already and the court case that followed resulted in...
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Writhing with painful figures, Francis Bacon’s horror-fretted canvases are often grotesque and distorted in form. His subjects vary from religious figures to lovers and embody the anxiety of a post-war Britain. This essay will explore the concept of pain within Bacon’s paintings, both physical and emotional. The discomfort in Bacon's paintings later goes on to inform the work of artists like David Lynch. The anguish and inner turmoil these artists represent can be seen looking back to the work of...
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Climatology Climatology refers to the study of climate which is considered to be a subdivision of the Physical Characteristics of layout of planet Earth, weather is a physical process that is most common indicator of climate variations, also amends the topography. In other words, it is the weather conditions of region recorded over long period of time, including peak intensities, occurrences and sequences of weathers. The topography of planet includes the amount rain, direction wind and floods that determine that...
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The Waste Land is a poem of breakdowns, psychological breakdowns of marriages and relationships, breakdowns of poetry and language and evidently the entire world. The carnage of the first World War had laid waste to Europe and made a mockery of civilisation thus starting the evolution of modernism and new forms of expression. After the war, it was T.S Eliot who had to represent and sustain a culture that was on the brink of collapse. First published in 1922, The...
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Crime is a continuous obstacle in everyday life. We see it everywhere we go, whether it be on our way to work or from the window in our homes. We may even never see it, but it is always there. Academic Tim Newburn defines crime as an infraction of the criminal law (Newburn, 2017, p. 8). In march 2020, 122 crimes were recorded per 1000 population in Newcastle Upon Tyne. This raises the question of how and if we can...
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Pollution of the environment can be classified into various forms; air pollution, visual pollution, soil contamination, radioactive contamination, thermal pollution, noise pollution and water pollution. All these different forms of pollution contribute to health predicaments and also lower the quality of someone’s life. For example excessive noise pollution can lead to hearing loss. In addition, pollution contributes to climate change, depletion of the ozone layer and global warming. Water pollution refers to liquid spills, surface runoff, leakage into groundwater and...
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Carbon is part of our bodies but it's also part of our current industries, therefore, Carbon compounds from history plants and algae structure the fossil fuels, such as coal and natural gas, which we use today as energy sources. Hence, when these fossil fuels are burned carbon dioxide is released keen on the air, most important to higher and advanced levels of atmospheric. Furthermore, the increase in level affect earth's climate and is a main environmental anxiety worldwide. It is...
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The Kilauea volcano, the second-youngest volcano in the Hawaiian Ridge, has continued to have a significant impact on the surrounding environment and its population since its current phase of eruption started in 1983. This eruption is thought to be the longest-lasting in Kilauea’s entire history – a history between three-and sixhundred thousand years long. It is also a history that has also literally produced the island of Hawaii itself, due to the shield volcano’s gently sloping sides, which constitute fifteen...
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Recycling of materials has been a very crucial part of our economic activities. It forms a part of the national income and also secures jobs for some individuals within the economy. Recycling itself involves the transformation of the already used products in other useful products that can be sold for re-us (Markessini, p05). This sector has also helped to reduce pollution of the environment since the waste products from materials such as paper, metal; electronics are put into other useful...
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Air pollution is one of the major killers and a threat that affects everything around the world. According to usatoday.com nearly 7 million people die each year from air pollution. We live and breathe in polluted air which puts our health and life in a very high risk. It is comparable to other diseases that cause many deaths like HIV or malaria. If we care about the environment, why haven’t we done anything yet? Do we still have time to...
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Etymologically, litter means rubbish carelessly dropped or left about anywhere, especially in public places. Sadly, people are found littering the road or any other public place with impunity. Quite often, we see even educated persons travelling in an expensive car roll down their car’s window to dump trash on the road. They do not think twice about throwing half-eaten sandwiches or throwing empty soda can which hit the car coming from behind us with its driver trying to avoid it...
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The relationship between the executive and legislative branches of the United States government is a complex yet vital party of American public policy and national security. The balance of power between these two branches is important to maintain because humanity is naturally evil and corrupted by sin. Yet, when the two branches can work together, it shows a nation that can set aside differences and work for the greater good. Many times throughout history the two branches have clashed on...
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Introduction Hazards and natural disasters have until recently caused uncountable losses to property and life, with some calamities giving losses in hundreds of billions of dollars. An example is the most damaging flood in United States’ history, known as the 2005 Great New Orleans Flood or the Katrina. It is estimated that the damages incurred in 2005, by insurance industries, rose to hundreds of billions in United States Dollars. Among the Insurances that gave these figures, include Risk Management solutions,...
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The novel The Remains of the Day by Kazuo Ishiguro examines the different facets of dignity. The protagonist, a butler named Stevens, adamantly seeks to become a great and dignified butler, a task that he believes only the most imperturbable can achieve. As he examines his life while on a motoring trip, the self-deception and disillusionment fostered by this concocted ideal become clear. Through Stevens’ interactions with his own personal affects, including his name, his room and his clothing, Ishiguro...
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