Tuesday, January 21, 2020
Female Discrimination In The Labor Force Essay -- Gender Discriminatio
Female Discrimination in the Labor Force à à à à à In the past decades there has been a dramatic increase in the number of women participating in the labor force. This expansion has unfortunately shown how women are still being treated as inferior citizens when comparing their wages and the jobs they are hired for to that of men. Many women in similar occupations as men, and having the same qualifications are only paid a fraction of what their male counterparts are paid. The only reasonable explanation that can be found for this income gap is discrimination. This unfair treatment shown throughout the handouts illustrate how far people still have to go before equal treatment becomes standard. à à à à à The increase in female participation started occurring during the 1970's. The number of women in the civilian labor force jumped from 23 million in the 1960's to 31 million in the 1970's. This leap would continue and increase in the 1980's and on into the 1990's. The result, in 1995, is a female labor force that numbers over 60 million. This comprised 46 percent of the civilian work force (10). à à à à à A reason for the rise in participation by women may be in the way women saw marriage and children. Fewer women saw marriage as a settling down. Women who had children began to return to their jobs. The number of working women that were either married or had children or both increased dramatically. In 1965, women with children under 18 years of age numbered 35.0 percent of the labor force. This number increased to 47.4 percent in 1975. In ten years it was 62.1 percent and finally in 1995 it had grown to 69.7 percent (7). This showed that the female attitude towards having children and marriage has changed. à à à à à According to the handouts, in 1970 women were paid poorly when compared to their male counterparts. The female worker had a median yearly earning of 19, 101 dollars. This was only 59.4 percent of what the males made. This does start to change in the 1980's as female earnings rose to 60.2 percent of men's. Five years later it had reached 64.6 percent. By 1990, the female's earnings had risen to 71.6 percent of what a man would make (2). à à à à à Women in the workplace have always been discriminated against. Ever since the first women started to work... ... that women were in some way not as accomplished or competent as men. Yet, a more in depth investigation would show that women are just as qualified, if not more so, than men. A principal of equal pay for equal work should be employed by all businesses and would definitely close the income gap. à à à à à Most people want to correct the unequal treatment of women in the work force. One method that can be used to support equality would be to introduce a federal legislation to guarantee equal pay for equal work if there isn't one already. The logistical problem with this solution though would be great. How would people measure the value of one person's work to another's? Who would decide this and how would it be implemented? Much still has to be done before this important issue is laid to rest. à à à à à People's attitudes towards women in the work force is slowly starting to change. More opportunities are appearing for women workers. The unequal treatment of working women will take years to change, but change is occurring. This topic will remain until the day people are treated and paid equally based upon their abilities and not anything else.
Monday, January 13, 2020
How do the newspaper and television channels present the news? Essay
Comment on use of language; fact and opinion; visual images; bias and viewing audience. Newspapers and television channels both present the news by giving different accounts of the same basic stories. Newspapers give different accounts depending on if they are tabloid and Broadsheet, whereas television gives different accounts depending on which channel the viewers decide to watch. To study television and newspapers, there are four channels to look at BBC1, BBC2, ITV1, Channel 4, and there are three newspapers: The Daily Telegraph, The Daily Mail, and The Sun. There are also the websites and radio programmes to use. On use of language, the way the newspapers present the news all vary depending on what type of newspaper and what the story is. Tabloid newspapers are looking to gain interest of the reader, so their language might contain gossip and can be very criticising. Broadsheet however has more facts; it is aimed for mature readers, and contains more facts and tries to give a straight report. Using two tabloids and one Broadsheet, the comparison is apparent straight away. The daily mail (Friday 3rd of January 2003) on the second page of the Daily Mail, there is a story all about Madonna and what she is wearing. The language in this report is quite informal with the words, ââ¬Å"coolâ⬠, and ââ¬Å"chicâ⬠. The article does use standard English most of the time, however. The start of the article doesnââ¬â¢t use the pyramid form of writing used in other articles. The whole article doesnââ¬â¢t tell the reader much apart from the fact that Madonna wears a lot of tracksuits. In the Sun (Friday 3rd January 2003) the fourth and fifth pages are taken up by a holiday they are starting with a lot of promotion to their newspaper. This shows the newspaper is more interested in itââ¬â¢s own affairs instead of the news. The next page has a double page on the twin killings from New Yearââ¬â¢s day. The caption is ââ¬Å"1 Twin livesâ⬠¦l One twin dies.â⬠This is a very bold caption and brings the interest so the reader will want to find out about the twins and how they died. The first paragraph uses a pyramid style by telling the reader when, where, what, why, who, and how. The story is a very formal story. Other articles in the paper are more gossipy, and many of the stories are the same ones as in the Daily mail. The Daily Telegraph is very different. On the front page there is the gun shoot-out and the article has a more informative style. The first paragraph also uses pyramid writing, but there is more information. Some of the stories are the same as the Daily Mail and The Sun, but others are not in either of the tabloids. (E.g. full coverage on national news, and also there are more pullouts.) There are more articles from around the world in the Daily Telegraph, and all the articles are in Standard English. There arenââ¬â¢t as many picture in The Daily Telegraph either. The titles and subtitles all try to use rhyming, metaphors, repetition and alliteration to catch the readerââ¬â¢s eye. In the news, the reports are always done in Standard English. At the start of every report there is always a signature tune that shows the programme has started, and is repeated at the end of the program. In the reports, some of the people who speak might speak in their dialect. Channel 4 November 25th 6:00pm, there is a report on the fight fighters strike. When the fire fighters come on to talk about it, they all speak in their own dialect, which generally is from London or Liverpool. This can make it quite hard to understand, it also adds stereotype. Some reporters like to put in some of their own words into Standard English to make sure that everyone knows its them, (e.g. Simon Cowl saying, ââ¬Å"You guys.â⬠) Also the slight accent of reports can help to identify when they are on the news. Language in the news can sway which way the reader thinks about a story. The reporter can use bias in their language to get the readerââ¬â¢s sympathy. In Channel 4 news (November 25th 6:00PM) there was a report on the fire fighters strike. The reporterââ¬â¢s body language showed she was with the fire fighters, standing out in cold, with hat, gloves, scarf, moving away from the brazier while talking about fire fighters striking on minimal pay so near to Christmas. This language suggests that Tony Blair is callous for making the fire fighters strike to get their point across. Fact and opinion can be used more in different types of newspapers. Tabloids share more opinion while Broadsheet contains more fact (although that isnââ¬â¢t always the case.) The Daily Telegraph has two different clear pages of opinion, one is an editorial comment and the other is comment from the readers. This presents the news in a different way to giving facts all the time. The editorial comment can be from a main news story and shows the views of the editor. In the Daily Telegraph (January 3rd 2003) there are two pages, both are full of opinion and are about reports that are main stories. The editorial comment is found in a supplement called ââ¬Ëcomment.ââ¬â¢ When commenting most of the letters and notes in these pages are opinions. There is another area of comment and this is Letters to the editor. On further inspection of comments I found a page on www.dailytelegraph.com, which gave the views of a lot of people. The main articles all have facts in the first two or three paragraphs, and after that there could be some opinion from the reporter. Traditionally, the Daily Telegraphââ¬â¢s 3rd page was more like a tabloid story. The stories here would have a lot of opinion and would be about people in the media. This has died down and now although the stories can still be about people in the media, they have a more formal approach. The Tabloids however both donââ¬â¢t show any sign of an editorial comment or a comment page. There is though, a lot more opinion on stories from show business and royalty. Stories such as Madonna, vicarââ¬â¢s and floods contain pictures and a lot of opinion after the pyramid first paragraph. The tabloids present the news by giving a lot of opinion on celebrity stories, as this is what people want to read. Channel 4 (November 25th 6:00pm) contains facts and opinions. In each report containing politics there is normally a video of a politician with a voice over from a reporter. This can sometime be a stream of short facts on what the politician is saying. The politician can often still be heard-this gives a sense of authenticity. Reporters often end on a statement. An example of this is BBC1 (6:00pm, Monday 25th November.) ââ¬Å"They are not giving up.â⬠This is about the fire fighters strike and shows a bold fact to close with. Facts and figures can be used to support stories and to show that the reporters know what they are talking about. These can often be used quickly in a stream so the listener feels bombarded and will accept the facts straight away. There is a reporter called Mark Mardell who uses a lot of opinion in his speech. ââ¬Å"You see, I thinkâ⬠He often starts off with that phrase, which shows he is going to give his opinion. Mark Mardell also uses hand beats to stress what he is saying as if he is agreeing with himself: this is all opinion. There are a lot of visual images in newspapers, which come in the format of cartoons, pictures, and photos. Of all eight newspapers researched, it was a tabloid- the Daily Mail- contained the most photos, (not including adverts) with a total of 126 altogether. The Daily Telegraph was found to have the least pictures with an average of 46 photoââ¬â¢s every paper. Images can replace words, in fact in the Daily Mail; there was a whole article in cartoon. (January 3rd 2003,) There was a double page article on Les and Amanda, labelled ââ¬ËDear Lesââ¬â¢ This shows a very long story of Les and Amanda in 18 short captions, so anyone busy, or not wanting to read too much can go and read the page and story in a minute. Photos can often bring reality of a situation. Seeing a sight from a bombing and the victimââ¬â¢s make the deaths become real instead of a name on a page. Cartoons can often reflect on certain stories and show a funny side of them. Photos can show the person who is writing the article, which helps identify a certain writer at a glance. Visual images can show half the information of a story and make the reader continue and want to read the article to find out the rest of the information. In the news visual content is used. The news reporter often includes Power Points and other video footage to stress facts. In BBC1 (6:00pm Monday 25th November) there are pictures of Tony Blair for political messages. The fire fighters are shown almost always standing next to braziers to stress the fact that they are striking in the cold to get fairer pay for stopping fires. The camera will portray firefighters as good people, standing with their wives or their children to show how innocent people are affected. The reporters walk towards the camera away from the brazier to relate the fire strike to them. The camera often homes in on a TV outside, with their channel news on, through the brazier. When politics is discussed, a reporter standing outside 10 Downing Street is often used to show itââ¬â¢s political. Reporters often make hand movements to agree with themselves so to stress points and to get others to agree. Newspapers can be bias in certain points. If an article is going to be better if the newspaper slags off a certain person, then they will. The papers can give only one side of the story. All three newspapers (January 3rd) all give accounts of how a vicar was meant to have ââ¬Å"kissed a parishioner,â⬠but every paper has it in a view biased to the parishioner. This will make a better story then someone protesting his innocence. Bias can always be seen though in some shape or form. Unless there were two separate accounts in the one article about what happened from the different point of view, then the article is always going to sway to one side. Bias can sometimes be used as a way to form opinion, although the two are quite different as bias can be found in fact, but opinion canââ¬â¢t. Reporters can give a biased opinion, as I have lightly covered. As I said earlier, body movements can often show how someone feels about a subject. Being out in the cold suggests that they are supporting the fireman, as does certain ways the reporter can move their arms, they can suggests that the other side is being unjust by raising hands up in a gesture of ââ¬Å"unfairness.â⬠The voice-overââ¬â¢s of certain political statement (e.g. the Channel 4 25th November 2002) can be biased without the reader knowing. It is easy to subliminally show bias and the viewing might not even notice because it is a voice-over and must be correct. Many reporters can show bias by the level of their voice, which can drop when the reporter doesnââ¬â¢t agree. Reporters can get round bias by asking rhetorical question instead of saying their view; this however might make the reader answer in a biased way, and back one side of an argument. All opinion is bias. An example to answer is this essay , would it be called biased or opinionated? The viewing audience of newspapers comes with the two types of newspapers: Tabloid and Broadsheet. Tabloids generally contain show business, royalty, and gossip this gives a lower reading age of seven, whereas Broadsheet is a more formal, ââ¬Ëharder readingââ¬â¢ approach which is more mature. The stories in tabloids often are easy to read with big images and smaller pages. This is so any person can pick up a cheap paper and read it quickly and easily. Pyramid writing keeps the reader interested and can keep the reader going and reading the article to the end. Smaller pages of the tabloid gives impression of easy to read, standing up. Broadsheet gives a sitting down approach with big pages. News reporters keep the viewing audience intact when they are speaking. Channel 4 news is more formal so there are slightly older respected newsreaders, which stand up (apart from Trevor Macdonald), and the reporters donââ¬â¢t smile as much as other channels. BBC 1 6:00pm news shows an upbeat news, the channel knows that the viewers are going to be quite young and so the reports donââ¬â¢t go into excess detail and really show everything. The BBC1 10:00pm shows a lot more detail and also contain ââ¬Ëgorierââ¬â¢ pictures of events happening because the viewing audience is a lot older. There is also a newsround for kids that contain a lot of show business and has suitable stories for the age range. Apart from Newspapers and television, news is also reported on radio and by the website. Every national newspaper has a website; this gives the opportunity for up to date news. Radio gives a chance for travel reports and gives a summary of reports with any further development to them. In conclusion Television and Newspapers both present the news in different ways. Broadsheetââ¬â¢s are formal with facts and an input by the readers, whereas Tabloid seem to contain more show business, although both newspapers have the same main stories-although they are not always prioritised- the stories are normally all there in some form. Television, the 6:00/7:00pm news often goes into not as much detail as the 10:00pm newsreels. Newspapers and television both, try to present the news to get maximal readers/viewers, even if they have to stretch the truth or leave out some facts and replace them with opinion. Information used: BBC1 News 6:00Pm 25th November 2002 Channel 4 news 6:00Pm 25th November 2002 The Sun 3rd January 2003 The Daily Mail 3rd January 2003 The Daily Telegraph 3rd January 2003 WWW.DailyTelegraph.com 18th January 2003 Rachel Sweeney 10a1 1021 (A5)
Sunday, January 5, 2020
Harry s Death - Original Writing - 1401 Words
Harry lunched to life as he heard the springs of his military crib rattle beneath him. His hands reached blindly in the dark for his gun, gritting his teeth together. He was about five seconds away from pulling the trigger when Louisââ¬â¢ slightly shrill voice filled his ears. ââ¬Å"Bloody hell Harry, put that thing down itââ¬â¢s me.â⬠Harry did just that. ââ¬Å"What are you doing? Your bed is over the other side of the room. I wasnââ¬â¢t expecting to see you.â⬠ââ¬Å"I couldnââ¬â¢t sleep. Figured I would talk to you.â⬠Harry fell silence in the darkness before scrubbing his eyes with the backs of his fists feeling exhaustion rear its ugly head and creep in bed beside him. His lids and head hung heavy. He wanted sleep, needed it. Though it was rare for he and Louisâ⬠¦show more contentâ⬠¦This felt both new and familiar. He couldnââ¬â¢t help but ask, ââ¬Å"What are you doing?â⬠Louisââ¬â¢ breath grew closer until his lips were pressing into Harryââ¬â¢s neck, soft and warm, though slightly cracked from the blistering winter. ââ¬Å"Nothingâ⬠¦ sorry.â⬠Louis didnââ¬â¢t pull back. ââ¬Å"Someone is going to see us and we are going to be bloody arrested.â⬠Harry wasnââ¬â¢t sure when but sometime between him starting to speak to Louis and him concluding to speak, Louisââ¬â¢ hand had found his waist and stayed there. ââ¬Å"What are they going to arrest us for Harry? Weââ¬â¢re just two friends talking to one another.â⬠ââ¬Å"Talking to one another while bloody snuggling in bed Louis, you know what it will look like if we get caught. We look like-â⬠Harry cut himself off, saying no more. ââ¬Å"We look like a couple?â⬠Louis finished it for him with the inclination of his brow. ââ¬Å"But we arenââ¬â¢tâ⬠ââ¬Å"But we could be.â⬠Again there was nothing but silence. This silence was killing Louis. He needed something, anything to go off because right now god only knew where they stood. It was clear Harryââ¬â¢s shocked silence wasnââ¬â¢t ending any time soon, so Louis filled it the only way he could. ââ¬Å"Say something,â⬠He begged. Louis could hear Harry sucking in a breath through his teeth, a nervous habit he had since he was young. Harry never told Louis this, but his mother had shared it with Louis once when she came down to see Harry in Paris for a weekend. Her name was Anne and she seemed to like Louis very much. She said she was
Friday, December 27, 2019
The Impact Of Migration On African American History
It has been well documented that migration has played a significant role in the development of the United States. African Americans participated in migration just as much as whites did and have been migrating all throughout the United States since the first African slave ship made its way to Jamestown in 1619. Florette Henriââ¬â¢s Black Migration: Movement North, 1900-1920 (1975) focuses on the beginning of the large-scale relocation of black people from the South to the North and West. The bookââ¬â¢s overall theme is, as Henri states in the preface, that black Americans in the early decades of the century had far more of a hand in shaping their future than historians of the period tend to perceive, or at least to convey. The same can be said to some degree for almost all periods of African and African-American recorded ï ¿ ¼ history. From pharaonic Egypt to slavery, blacks have often played an active role rather than a passive one in the determination of their fate. A prime example of this is the lack of mainstream history coverage of slave resistance and culture. The topic of slave resistance is often not covered in order to paint slaves as docile and inferior. Page 290 of the Norton readings explains that ââ¬Å"the resource that enabled slaves to maintain such defiance was their culture: a body of beliefs, values, and practices born of their past and maintained in the present.â⬠Page 295 of the Norton readings discusses instances of resistance in slaves. The first example occurred inShow MoreRelatedThe Great Migration Essay870 Words à |à 4 PagesUnited States has had an essential impact on the nation, both intentionally and unintentionally. Progressions such as The Great Migration and the Second Great Migration are examples of movements that impacted the United States greatly. During these movements, African Americans migrated to flee racism and prejudice in the South, as well as to inquire jobs in industrial cities. They were unable to escape racism, but they were able to infuse their culture into American society. During the twen tieth centuryRead MoreThe Harlem Renaissance941 Words à |à 4 PagesThe Harlem Renaissance was a cultural movement, in the early 1920ââ¬â¢s, that involved vibrancies of new life, ideas, and perceptions. The large migration of African Americans northward, after World War I, allowed people of color the opportunity to collaborate in the New York City neighborhood, known as Harlem. This renaissance allowed the city to thrive on a refined understanding and appreciation of the arts. Many individuals were involved in this movement including doctors, students, shopkeepers,Read MoreThe Harlem Renaissance, A Cultural Movement Essay1063 Words à |à 5 PagesAlly Johnson November 13, 2016 African American History Art, Music, Literatureâ⬠¦Freedom. 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Thursday, December 19, 2019
Analytical Summary How Helicopter Parents Are Ruining...
Analytical Summary: ââ¬Å"How helicopter parents are ruining college studentsâ⬠In Amy Joyceââ¬â¢s On Parenting article, ââ¬Å"How helicopter parents are ruining college studentsâ⬠posted on September 2, 2014, Joyce addresses the issue with parents who controls their college studentââ¬â¢s life to the public. Amyââ¬â¢s exigence is from an article recently published in the journal Education + Training found that there is an important line to draw between parental involvement and over-parenting. Joyce got information from the President of Frostburg State University, Jonathan Gibralter, who has had parents call him at his office to talk about a squabble their child is having with a roommate, ââ¬Å"Donââ¬â¢t you trust your child to deal with this on his own?â⬠he asks. ââ¬Å"Rather than telling a son or daughter to talk to a [resident assistant] or [resident director], parents will immediately call my office. And that I consider to be a little over the top.â⬠(Joyce) Kids who raised by parents who choose everything they have wanted and even dictated their every move. Recognizing the idea of ââ¬Å"overbearing parents,â⬠Gibralter relived the idea stated above, ââ¬Å"when I was going to college in 1975â⬠¦. My mother helped me unload into the dorm room put a note on the door saying this is the way we wash our clothes,â⬠Gibralter said. ââ¬Å"I didnââ¬â¢t find out until years later that she cried all the way home because she realized I was going to be independent.â⬠(Joyce) Some may believe ââ¬Å"helicopteringâ⬠is a good thing, but in all reality, itShow MoreRelatedMarketing Mistakes and Successes175322 Words à |à 702 Pageswould be so enduring? Many of you are past users, a few even for decades. I hope you will find this new edition a worthy successor to earlier editions. I think this may even be my best book. The new Google and Starbucks cases should arouse keen student interest, and may even inspire another generation of entrepreneurs. A fair number of the older cases have faced significant changes in the last few years, for better or for worse, and these we have captured to add to learning insights. After so
Wednesday, December 11, 2019
Impact on Economic Performance Fluctuation - MyAssignmenthelp.com
Questions: 1. Identifying and critically discussing 2 key roles of bank in terms of contribution to country financial system. 2. Critically evaluating the problems associated with relying on debt finance being provided by bank with those parties who are a financial surplus unit to those who are a financial deficit unit. 3. Critically changing the capital adequacy, liquidity and leverage as stipulated by Basel III and discussing the impact of these changes in banks financial condition. 4. Critically explaining the process of asset securitization and why banks may wish to securitize. 5. Critically discussing the implication of global crisis on banks financial shortly after the crisis and discussing the measure used by the country to calm the crisis. Answers: 1. Identifying and critically discussing 2 key roles of bank in terms of contribution to country financial system: There are certain roles that is played by OCBC Bank in Singapore, Barclays Bank in UK and Citigroup in USA, which directly helps in smoothing the functioning of financial system in the country. The identified organisations mainly contribute to the distribution of monetary system in their country, which efficiently helps in improving financial operations. The credit provision and liquidity provision is effectively conducted by OCBC Bank in Singapore, Barclays Bank in UK and Citigroup in USA, which helps in supporting the financial system of the country. The increment in credit provisions could directly fuel the economic activity of the country, where business could flourish and generate higher cash flow. This credit provision could fuel economic activities, where investment beyond cash on hand is conducted (Ocbc.com 2018). This helps in increasing homes purchase without savings the entire cost in advance and government to smooth their spending for investing in infrastructure projects. Liquidity provisions are also conducted by OCBC, Barclays Bank and Citigroup, which allows both demand deposits and credit provisions. These banks directly conduct financial market services such as buying and selling securities, which help in supporting financial requirements of organisations. The banks are the main provider of liquidity to the organisation and customers in their respective countries. 2. Critically evaluating the problems associated with relying on debt finance being provided by bank with those parties who are a financial surplus unit to those who are a financial deficit unit: There is different level of problems that arises from debt finances, which needs to be accommodated by banks before providing finance to companies. In addition, banks support the companies with financial surplus rather than financial deficit, as they have higher capability to repay the financing amount with interest. The main problem associated with the financing companies with financial deficit is the increasing accumulation of interest payment, which cannot be conducted with the existing revenue stream. The company with increased debt accumulation could lead to insolvency, which might hamper the repayment of banks finances. For example, Lehman Brothers increased debt accumulation before the crisis, where banks did not support the company due to its excessive financial deficit. Thus, it could be understood that banks do not support companies with extra debt financing if they have financial deficit. The problems in repayment and chances of default by the company having financial defi cit is very strong, which could hinder actual financial condition of the bank. 3. Critically changing the capital adequacy, liquidity and leverage as stipulated by Basel III and discussing the impact of these changes in banks financial condition: The Basel III was mainly drafted after the financial crisis of 2008, which mainly liquidated financial sector of the world. The extensive debt accumulation conducted by banks was mainly reduced with the help of Basel III, as it could help in smoothing the function of banks. The new capital requirement directly represents tighter equity definition maintained by banks. In addition, the common equity requirement under Basel III mainly increased from 2% to 4.5% in 2015 with the increment in mandatory reserve from 4% to 6%. Moreover, under leverage ratio the banks need to be maintain a 3% leverage all time, which could help in thickening the cushion of cash reserves. Moreover, the liquidity coverage ratio needs to be no lower than 100% under Basel III, which could help in reducing the chances of default by a bank (Angelini et al. 2015). Net Funding Stability Ratio (NFSR) needs to be maintained by banks, which could help in maintaining capital stability. Furthermore, the liquidity needs to be maintained by banks for 30-day time horizon under acute liquidity stress scenario. These changes could help in strengthening the financial position of banks during any kind of financial crisis. 4. Critically explaining the process of asset securitization and why banks may wish to securitize: Figure 1: Depicting how securitization works (Source: Finance and Development 2018) The above figure mainly helps in depicting how securitization works, which allows banks in generating higher revenue from the operation. In addition, the process is adequately explained in the diagrams, which could allow the bank to pool different securities and repack them into interest bearing securities. The loopholes in the securitization process was the main reason behind the augmentation of financial crisis. Banks and financial institutions were merging securities and loans into the securitization process without adequate process. The banks mainly originate the asset, where assets immune from bankruptcy will be polled together. After which the pooled security will be handed to agency of the selling process in capital market. Therefore, the pooled security after reaching the capital market with the help of agency are bought by capital market investors. The selling process conducted in the capital market will only be conducted when adequate credit rating is assigned to each poole d security. Therefore, banks wish to securitise for attaining flow of cash after providing loans to its borrower. 5. Critically discussing the implication of global crisis on banks financial shortly after the crisis and discussing the measure used by the country to calm the crisis: During the financial crisis the profit of OCBC bank mainly declined from the level of 2,183,240,000 to 1,860,010,000 in 2008 as compared from 2007 (Eresources.nlb.gov.sg 2018). This mainly indicates the incapability of the company to attain higher profitability after the financial crisis. However, Singapore mainly pledged S$2.9 billion in 2008 and S$20.5 billion in 2009 for reducing the impact of financial crisis on banking operations. On the other hand, performance of Barclays Bank in UK increased from 2008 to 2009 from 5,249,000,000 to 10,289,000,000, which indicates high end performance conducted by the company (Home.barclays 2018). Moreover, the UK government mainly used 39 billion as their bailout package to reduce the impact of financial crisis. In addition, merger of HBOS and Lloyds was nationalised, where 200 billion was available for new debt issue under the special liquidity scheme. Lastly, the guarantee of the depositors was raised from 35,000 to 50,000, while Bank of England cut the interest rate in half to reduce the problems portrayed by financial crisis. Furthermore, performance of Citigroup in USA mainly declined during financial crisis, where the group earned net loss from 2008 to 2009. The net loss in 2008 was at 27,684,000,000, while the loss declined in 2009 to 1,606,000,000 (Citigroup.com 2018). The US government conducted the largest government intervene in the financial crisis, where $700 billion bailout programme was conducted to support banking industry. In addition, the bank deposits were raised from $100,000 to $250,000 by the end of 2009.moreover, the FED also cut interest rate to 1.5%, which helped in creating liquidity into the market. Reference Angelini, P., Clerc, L., Crdia, V., Gambacorta, L., Gerali, A., Locarno, A., Motto, R., Roeger, W., Van den Heuvel, S. and Vl?ek, J., 2015. Basel III: Long?term Impact on Economic Performance and Fluctuations.The Manchester School,83(2), pp.217-251. Citigroup.com. (2018). [online] Available at: https://www.citigroup.com/citi/investor/quarterly/2010/ar09c_en.pdf?ieNocache=157 [Accessed 12 Jan. 2018]. Eresources.nlb.gov.sg. (2018).Singapore is first East Asian country to slip into recession - Singapore History. [online] Available at: https://eresources.nlb.gov.sg/history/events/3cacf256-82cc-4776-b7f8-83757723b502 [Accessed 11 Jan. 2018]. Finance and Development | FD. (2018). Finance and Development. [online] Available at: https://www.imf.org/external/pubs/ft/fandd/2008/09/basics.htm [Accessed 11 Jan. 2018]. Home.barclays. (2018). [online] Available at: https://www.home.barclays/content/dam/barclayspublic/docs/InvestorRelations/AnnualReports/AR2009/2009-barclays-bank-plc-annual-report.pdf [Accessed 12 Jan. 2018]. Ocbc.com. (2018).OCBC - Investors - Annual Reports. [online] Available at: https://www.ocbc.com/group/investors/annual-reports.html [Accessed 11 Jan. 2018].
Wednesday, December 4, 2019
Music Programs Should Be Kept free essay sample
Music is every. Where in our life. Its an important part of our culture. So why are music programs being cut from school? Music education may seem unimportant, but that is far from the truth. Music is important because the music taught in schools whether they are classical or fairly recent, help in learning as well! Music affects the brain to somehow learn faster and more efficiently. This has actually been done by physicist DRP. Harvey Bird from Fairfield Dickinson University and neurologist DRP. Aggressive Checkerberry room Georgian Court College in Lakewood.They used mice and a maze. They would have three sets of mice. One had to listen to voodoo music, the second had to listen to classical music, and the last did not have to listen to any music. Extraordinarily, the mice that had listened to the classical music were the fastest to solve the maze. This actually proves that music is important for problem solving, and memorizing. We will write a custom essay sample on Music Programs Should Be Kept or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page All essential in schools, that can be gained from music programs. However the schools are getting rid of most or all of the music programs that dents could gain so much from.Music programs arent only good for education as well. They help students express themselves ,as I have stated before. Expressing yourself helps in making yourself calm and stress free. This is extremely important to your mind as well. This will help you drain your stress from anything that happened to you. And just express all those emotions into music. Therefore, music programs should not be taken away for they have plenty to offer to students that not only benefit their progress in school, but also in their mind and emotions.
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