Bad News Can Rebuild Brazil - 1254 Words

Marina Mendes Lemos de Oliveira Jerry Martin ENG 108 May 1, 2017 WA9: Bad News Can Rebuild Brazil The fight against corruption is a considerable issue that has been dominating all the news and informal conversations in Brazil for the last two years. The country is again in the midst of a whirlwind of public scandals. In Brazil, it is very common to associate corruption with politicians. This happens because almost every day newspapers and television present complaints about the abuse of public resources and funds for a personal favor. Jose Ugaz, Chair of Transparency International asserts â€Å"In too many countries, people are deprived of their most basic needs and go to bed hungry every night because of corruption, while the powerful and†¦show more content†¦In fact, perhaps the first people to be corrupted in this country were exactly the natives because the Portuguese bribed them to obtain Brazilian treasures. Nonetheless, it is a hypocrisy to say that just police or politicians are corrupt in Brazil. A corrupted society, who gives a â€Å"jeitinho brasileiro, which is a wrong way to solve problems, is the society who votes in corrupted politicians, who feeds the corruption in Brazilian system. Corruption has also become more intense with the advent of capitalism, and today the illicit enrichment of authorities is one of the main causes of the social problems that Brazil faces. When government and authorities do not care about the society needs, they promote the growth of poverty in the country. According to O’Connell Brazil has greater social inequality, where the wealthy is concentrated on the hands of few people while the majority suffer working hard to guarantee at their basic needs: For decades Brazil was known as one of the most unequal countries in the world. The vast slums that shape its city landscapes have become almost emblematic of a deep poverty and ingrained inequality that contradicts Brazil’s ambitions of growth and modernity. Brazil is one of the richest countries in Latin Americ a, with its economy amongst the ten largest in the world, in terms of social inequality; the country ranks a meagre twelfth globally. (Par. 1) In fact, Brazil is the eighth largestShow MoreRelatedPlanet Of Slums By Mike Davis1468 Words   |  6 Pagesresponsible for making the condition in the urban south terrible for the poor while good only for the officials and the rich. Mike Davis says that after 1950, people moved from villages to the cities despite knowing that the condition in those cities are bad. [In urban south people are poor and hungry so they do any job to make money. Such as, picking up cigarette bud, selling body parts, and etc]An example that, Mike Davis gives is why the population in the cities at china is increasing. â€Å" It isRead Morewith reference to examples, discuss the degree to which the level of economic development in a country affects planning and management in urban areas1357 Words   |  6 Pages Urbanisation can cause a lot of problems. When there are such a large number of people moving into the city there are not enough houses to accommodate them all. In many cases the pull factor towards the city is the prospect of work and this is not always possible. The situation that then occurs it that you have a lot of people moved to the city without any work or housing; so, they simply build their own cheap homes on the side of the main city called a slum. These slums can prevent easy excessRead MoreBrazil: Environmental Problems and Solutions.2094 Words   |  9 PagesIntroduction The South American country of Brazil is well-known for its biodiversity and wealth of natural resources. The Amazon River and rainforest are located in Brazil, a country with more than 800,000 square miles of coastline, and a landmass so large that its borders touch all but two of its neighboring countries (Rich, 1999). The Amazon rainforest is the worlds largest tropical rainforest, and for purposes of comparison, its size is equivalent to one-half of the entire United States (RichRead MoreEffects Of European Exploration On Europe, Africa, And The Americas1523 Words   |  7 Pagesof European Exploration on Europe, Africa, and the Americas Whenever you hear about the European Exploration, or ‘The Age of Discovery’’ you hear a lot about what the Europeans gained from it, while they did learn a lot from this and gather a lot of new resources they were not the only ones affected. The Age of Discovery affected more areas that just Europe, it also affected the Americas and Africa. To prove this we must first know what European Exploration is. From the 15th century to the end ofRead MoreVenezuela Report2214 Words   |  9 Pagesinstall network devices (router and |6/5/2007 |TAMU; CASN; PAQ. | |switch). | | | |Upgrade or rebuild all desktops/laptops. |6/5/2007 |TAMU; CASN. | |Travel by car to Valencia. |6/6/2007 |TAMU; CASN. Read MoreWorking Title : Ring Around The Rosy1948 Words   |  8 Pageswas tragic in itself, the horrid disease has a correlation to other common diseases today, including the Zika virus, which is very prevalent in the news. Black Death Overview: There are three forms of plague currently known by Doctors, bubonic being one of them. It is caused by the bacteria Yersinia pestis, is highly contagious. Bubonic plague can be characterized by its horrid appearance. These include â€Å"swollen, tender lymph nodes, often found in the armpits groin.† This plague is known to beRead MoreMexican Revolution: Diaz ´s Administration and Beyond Essay1613 Words   |  7 PagesPresident Diaz brings out new changes and industrialization began which of the majority small farmers has lost their land. It seems for rich and the foreigners who controls the resources, â€Å"the ownership of these subsurface deposits was now given to those who owned the land .† Towns lost their lands and autonomy as to industrialize farming, mineral, oil, and transportation such as railroads. If a ranch and Indian villages didn’t produced much was seized by Diaz whom issued new land laws. He was so effectiveRead MoreTsunami and People Essay examples17822 Words   |  72 PagesThe effects are waves that travel outward toward distant shores at very high speeds. Once these waves come to shore they can destroy entire villages or town with one or more of these giant waves. There have been many examples of the power and destruction the tsunami have caused in the past. Some examples of these are the 1960 tsunami in Hilo, Hawaii, the 1993 tsunami in Papua, New Guinea, and the 2004 Indonesia tsunami. In the 1960 tsunami in Hilo, Hawaii, an earthquake in Chile caused a wave thatRead MoreMattel s Effect On Toys2472 Words   |  10 Pagesproduced in China, although only 10 percent of the toys recalled were due to manufacturing problems, it seems the whole focus was on the â€Å"bad† toys coming from China. With existing factories and interest in China, how is Mattel going to recover from this recall, and maintain their presence as a well-known safe toy manufacturer. Mattel needs to work to rebuild their relationship not only with the North American Consumer, but with the Chinese manufacturing sector as well as governments who have spokenRead MoreNike Inc. : Financial And Profitability2053 Words   |  9 Pagessubstantial growth throughout the years. Nike is one of the most successful sporting goods companies across the world and a well-known brand that sells merchandise globally. NIKE, Inc. recognized an opportunity in the challenging economic environment, to rebuild the company strengths and pursue other potential by taking on partnerships with Cole Haan, Converse, Hurley, NIKE Golf and Umbro. This opportunity brought NIKE, Inc. more than: †¢ $2.5 billion in revenue, which shows a 5% increase from direct to consumer

Common Application Essay on a Meaningful Place

Note that this essay option was dropped from the Common Application in the 2015-16 admissions cycle. This does not mean that applicants can not write about a meaningful place with the current Common Application. The topic of your choice option allows you to write about anything, and its also possible that an essay on your background or identity could focus on a meaningful place or environment. The fourth essay option for the 2013 and 2014 Common Application  asked applicants to discuss a place or environment that is meaningful to them: Describe a place or environment where you are perfectly content. What do you do or experience there, and why is it meaningful to you? Except for the rare student who isnt content anywhere, this question will be a viable option for a wide range of applicants. Nearly everyone can identify a location that brings contentedness. But this doesnt mean the prompt isnt challenging. Applicants who choose this option will need to make sure they are presenting their chosen location effectively. The tips below can help: Choosing a "Place or Environment" Step one in tackling this prompt is coming up with a place or environment where you are perfectly content. You have a lot of latitude here--you can write about any specific location on the globe (a place), or you can be less focused and discuss the type of surroundings (environment) that brings you contentedness. The place can be small or large, inside or outside, commonplace or extraordinary. You could also bend the question to explore imagined places--locations accessible only through your imagination. As you brainstorm this essay prompt, think broadly about the place or environment you are going to discuss. Your options include: A building: Your house, church, school, tree fort, or grandmas home. A store, movie theater, cafà ©, restaurant, fitness club...An interior space: your bedroom, the secret room under the stairs, your science classroom, the locker room, your aunts kitchen, the shower, the drivers seat of your favorite car...An exterior space: the woods, the ocean, the lake, a city street, a rooftop, a meadow in bloom, the dessert at night...A travel destination: Machu Picchu, the San Diego Zoo, the top of Mount Washington, the Avenue des Champs-Élysà ©es, a food market in Shanghai, a tent in the Bad Lands...A performance or athletic venue: the stage of a concert hall, a tennis court, the football field, the shoulder of the road on a bike, the theater...An imagined place: the world portrayed in a painting, J.R.R. Tolkiens Middle Earth, Diagon Alley, the Star Ship Enterprise, Jane Austens England, Downton Abbey... The list could be much, much longer, and please dont let these limited suggestions steer you away from your own place of contentedness. What Does "Perfectly Content" Mean? Many students have interpreted this question to be asking about a place where they are at peace. Indeed, that is one way to read the question, and being in a peaceful state is one type of content state. But the word content can mean much more than a state of peacefulness. It is also a state of satisfaction, and you dont need to be peaceful to be satisfied. An adrenaline junkie might be most content when skydiving, and a musician might be most content when performing a solo to a standing-room-only crowd. These high-pressure situations can be magical, meaningful and content moments, but they are not peaceful. Be Careful When You "Describe" Always keep in mind that the essay is a place for you to tell the admissions folks more about yourself, and for you to demonstrate that you are well prepared for college. The first task asked of you in prompt #4 -- Describe a place or environment -- is also the least challenging part of the question. Describing, unlike analyzing, is a pretty low-level form of thinking. This part of the essay has no self-analysis or introspection, so it is not saying much about you, your passions, or how well your mind works. Because of this, dont spend too many of your 650 words describing. Be clear, concise, and engaging as you describe the place you have chosen, but then move on. The description should not be the bulk of your essay. The "What" and the "Why" The end of the prompt is most important. The question is asking you why you feel and act the way you do in your special place. Why is this place or environment meaningful to you? Dig deep. A shallow response isnt going to impress anyone. The student who writes Im most content on the soccer field because Ive always loved soccer hasnt really answered the question. Why do you love soccer? Are you a competitive person? Do you like the teamwork? Does soccer help you escape from other parts of your life? Does it make you a better person? How has your time on the soccer field made you grow? What exactly makes the soccer field so full of meaning for you? A Final Word About an Essay on a Meaningful Place If you really explore the why of this question and go easy on the describing, your essay will be on track to succeed. It might help to rethink prompt #4 in these terms: Tell us about a place that is meaningful to you so that we can get to know you better. The college is asking for an essay because it has holistic admissions, and the admissions officers really do want to get to know you as an individual. The essay is one of the only places on your application (aside from an interview) where you can put forth your personality, interests, and passions. Whatever you focus on in your application essay—whether it be a place, a person, or an event—the essay needs to be about you at its core. To test out your essay, give it to an acquaintance or teacher who doesnt know you particularly well, and ask what that person learned about you from reading the essay. Ideally, the response will be exactly what you want the college to learn about you. Last of all, no matter which essay prompt you choose, pay attention to style, tone, and mechanics. The essay is first and foremost about you, but it also needs to demonstrate a strong writing ability.

Mr. Milton’s “Paradise Lost” - 1935 Words

he Poem Andrew Marvell’s poem chronicles his reactions to the artistic merit of John Milton’s Paradise Lost (1667) in seven verse paragraphs of fifty-four rhymed iambic pentameter lines. The opening sentence forms a grammatical unit of ten lines. The remaining lines, marked with a grammatical pause at the end of each couplet, follow the poetic practice of end-stopped couplets. Initially, Marvell contrasts Milton’s â€Å"slender Book† with its â€Å"vast Design,† its Christian topic of salvation history and its cosmic scope of infinite time and space. He fears that Milton will mar or disfigure â€Å"sacred Truths† by expressing them through, or by confining them within, the devices of an epic poem, a pagan or nonbiblical art form. Also, Marvell deals†¦show more content†¦As a critic seeking to illuminate Milton’s epic for himself and for other readers, he maintains his integrity and a sense of perspective. He reads the poem carefully, assimilates the overall meaning, and describes, analyzes, and evaluates both substance and style. He candidly expresses his fears regarding the main features of Paradise Lost and Milton’s own motivation in writing it. In addition, Marvell maintains his independence as a poet. For example, he knows that Milton virtually created a new poetic medium of narrative blank verse and acknowledges its superiority to rhyme. Nevertheless, he does not abandon rhyme in praising Milton’s unrhymed verse. Instead, with gentle irony, he asks Milton to overlook his rhyme. Once he has grasped the poem as a whole, Marvell realizes that his doubts, though well intended, are â€Å"causeless.† He does not, however, explain the exact reasons for his change of mind. He conveys his conclusions through assertion and through a change of attitude or tone. He demonstrates the assurance that grows out of wide literary knowledge and a principled, independent stance. His praise of Milton communicates itself as accurate and sincere, rendered by someone qualified to give it. Marvell uses blind heroic figures of the past to convey his transition from doubt to certainty. For example, when Marvell compares Milton’s poetic strength to Samson’s physical strength, he suggests that Milton might have misused his abilities, perhaps to bring down and notShow MoreRelatedSymptoms of Narcissism in Eve Using Paradise Lost1625 Words   |  7 PagesSymptoms of Narcissism in Eve I. Introduction A. â€Å"The allusion to pagan fable that most haunts views of Miltons Eve is her Narcissus-like behavior when, fresh from her Creators hand, she pauses at the verge of the mirror lake attracted by her own reflection and has to be called twice: first by God, who leads her to Adam, and then, as she starts back toward the softer beauty of the face in the lake, by Adam himself.† (McColley 63). B. Eve’s scene in which she observes herselfRead MoreBiblical Analysis Of Mary Shelley s Frankenstein 1376 Words   |  6 Pages Alexandria Harris Mrs. Mitchell AP Literature 16 November 2015 Biblical Analysis: Frankenstein Frankenstein by Mary Shelley often refers to the bible on a number of occasions. However, it is worth noting that many references used by Mary Shelley in Frankenstein can often be identified in Genesis. Much like Genesis, the story of Frankenstein is a viable creation story. The book of Genesis first explains the creation of man and woman, and also recounts the fall of humanity. Unlike GenesisRead MoreAnalysis Of John Milton s Paradise Lost 1852 Words   |  8 PagesJuan Linares Mr. Maust English IV AP 10 October 2015 Select a novel, play, or epic in which a character experiences such a rift and becomes cut off from â€Å"home,† whether that home is the character’s birthplace, family, homeland, or other special place. Then write an essay in which you analyze how the character’s experience with exile is both alienating and enriching, and how this experience illuminates the meaning of the work as a whole. You may choose a work from the list below or one of comparableRead MoreParadise Lost Analysis1996 Words   |  8 PagesA Brief Analysis of Paradise Lost Illustrated by John Martin In this essay, I am going to look at Volume II of Paradise Lost, published in 1827. The book is written by John Milton, illustrated by John Martin and published by Septimus Prowett. I will consider its importance within the history of the illustrated book in Britain, examine the time of its production, describe the artist’s use of technology, technique, materials, and subject and discuss the artist’s lasting contribution.Read MoreJohn Miltons Paradise Lost2516 Words   |  11 PagesJohn Milton’s famous poem Paradise Lost has influenced society throughout the ages on a number of topics ranging from the fall of Satan to the marriage roles that Adam and Eve teach us. One idea stands alone though more so than that of any other topic that Milton writes about and that is the idea of a Satanic Trinity. The Satanic Trinity shows how the evil of Hell spread to Earth and how it tempts us in our everyday life. Milton writes about the Satanic Trinity because he believes that one must understandRead MoreParadaise Lost by John Milton and The Divine Comedy by Dante Alighierie1821 Words   |  8 PagesMilton is acquainted with Dante Alighieri who has a great influence on Milton’s epic Paradise Lost. The significance of The Divine Comedy for Milton lies especially in Dante’s Inferno and Purgatorio. Scholars1 have quoted plentiful echoes of Dante throughout Milton’s works, and have compared these two great poets for centuries. In the 19th century Mary Shelley employed a cluster of images and ideas from Milton’s Paradise Lost (especially from Book Ten) in Frankenstein -- the work that establishesRead MoreEssay Kurtz as Satan1663 Words   |  7 Pageswas a Satan in his own way. Mr. Kurtz, a leading character in Joseph Conrads Heart of Darkness is the prime example of the white devils in Africa, following the pattern set out by John Milton for a perfect Prince of Darkness in Paradise Lost in his portrayal of Satan to a point. Their characteristics and motivations are paralleled in almost every sense, differing only in the backdrop and in the ends that these characters meet. Once the similarities between Satan and Mr. Kurtz start, they never seemRead More Paradise Lost Essay2124 Words   |  9 PagesParadise Lost The poem is divided up into 12 books. The verse is English heroic without rhyme, as that of Homer in Greek, and of Virgil in Latin. (Knopf, 1996) â€Å"This neglect then of rhyme so little is to be taken for a defect, though it may seem so perhaps to vulgar readers, that it rather is to be esteemed an example set, the first in English, of ancient liberty recovered to heroic poem from the troublesome and modern bondage of writing.† (Knopf, 1996) Book One proposesRead MoreAnalysis Of John Milton s Waiting For Godot 1335 Words   |  6 Pageshe would not be the center of an entire religion. In John Milton’s epic poem, his power is defined by his ability to make other people love him with complete obedience and by withholding knowledge. Pozzo, from Samuel Beckett’s play, Waiting for Godot, does the same by controlling all of his slave’s actions and withholding Lucky full potential to be an intellectual human. On the surface, Pozzo from Waiting for Godot and God from Paradise Lost seem to lack similarities, however the amount of power theyRead MoreHow I Read Literature Like A Professor Essay1141 Words   |  5 PagesBrylan Beard Mrs. Mary Smith Ap Literature 20 September 2017 How to Read Literature like a Professor Essay This essay will be about the analyzing of literary devices that are discussed in this book. The professor in the book thoroughly describes these devices and the allusions and symbols that are involved in literature over the centuries. I will be discussing the specifics of the allusions and symbols of the bible and the Christ like figures in literature. The first device I will be describing

Factors Affecting The Classroom Environment Essay

This essay will set out to identify and discuss factors, which contribute to poor engagement in classrooms, drawing from the work of Wallace (2014). Galbraith (1990) (see Sogurno, 2015) perceives motivation as a concept that helps us to understand human behaviour and performance and as an unstable construct that cannot be directly measured or validated through the physical or natural sciences. Viewing motivation within the Further Education (FE) sector McMillan and Forsyth (1991 pg.39) define motivation as â€Å"purposeful engagement in classroom tasks and study, to master concepts and skills†. Identifying and maintaining motivation is a factor both students and professionals should work collaboratively to identify. This essay suggests ways and offers contribution to the on going development of attention retaining strategies within the classroom environment. Recent research investigating student motivation and behaviour identified both low levels of motivation and high levels of disengagement amongst students on vocational courses; Fuller and Macfadyen (2012) suggest that this finding has become increasingly apparent over the past two decades. There are many factors, which can be seen through research to directly link to students low motivation and disengagement such as poverty; food and clothing, influence from home and choices of going to college. Wallace (2014) noted that students attitudes to the vocational courses they were studying was a factor of low motivation, it wasShow MoreRelatedBehavior of the Student1605 Words   |  7 Pagesthese are just a few of the many excuses we will use to retreat with if possible back to our own little space we call our comfort zone, where we are in control again of our non-treating environment. Student misbehavior is one of the most troubling phenomena in education today. Student conduct problems in the classroom not only interfere with teaching and learning but are also thought to be a leading contributor to teacher stress and a precursor to later school dropout. Many districts and schools areRead MoreThe Integration Fo A Motivational Strategy Affects Students s Learning888 Words   |  4 PagesTeachers have so many issues related to students’ learning in the classroom and they want to find solutions by researching new ideas and strategies to help these students succeed. In addition, educators are doing research in finding ways on how to implement different approaches to help meet the need of all students. The literature review of this research study will emphasize valuable information to the refine question† To what extent will the integration fo a motivational strategy affects students’sRead MoreTeacher Turnover Is A Problem That Can Only Be Solved By Keeping Teachers947 Words   |  4 Pagesreplace. The article, â€Å"Factors Affecting the Retention of Secondary Family and Consumer Science Teachers,† explains the results of a study in Kansas that looked at specific factors affecting the retention of Family and Consumer Science teachers. A major finding was that support from administration and student respect were important to teachers. FACS teachers also said they wanted to improve student performance and student engagement and incorporate new ideas into their classrooms. It was important toRead MoreEffective Classroom Management Is The Number One Factor843 Words   |  4 PagesClassroom management is the number one factor in student learning throughout the school system. How well a teacher organizes the space, time, and materials used for student learning, is the best determinant for how well a student will do in a given classroom (Wong Wong, 2009). However, effective classroom management will include the discipl ine factor as well and how well they can handle bad behavior even though the goal is to create a positive learning environment Sternberg Williams 2002 (asRead MoreDebriefing Simulation As A Reflective Tool1034 Words   |  5 Pagesachieve their goal in reflective debriefing. Factors Affecting the Application of Reflection in Nursing Education Although, reflection was a useful strategy in nursing education, some classes succeed and some classes fail. It depends on many factors that comprise individual factors, interpersonal factors, and environmental factors. Individual factors Both educators and learner’ attributes have an effect on success and failure in reflective classrooms. First, lack of confidence and excess anxietyRead MoreLanguage Can Be Described As A Means Of Communication In1723 Words   |  7 Pages The way language and literacy are taught in a classroom cast vastly differ due to the social and cultural factors influencing it. The essay is broken into 3 segments; the first is to explain the topic statement by Grugeon and Gardner, the second is to determine what are the socio and cultural implications affecting language and literacy, and third is to define why is it important to understand those implications the effect they have in a classroom setting. In order to understand what grugeon andRead MoreHow the Environment Affects Students’ Learning Essay1281 Words   |  6 PagesHow the Environment Affects Students’ Learning By: Jessica Robinson REED 504: Processes and Acquisition of Reading Skills Professor Curbeam-Newby Recently there has been more thought put into how vital a students’ environment is as it relates to their academic success. Both community environment and physical learning environment in schools have a great deal of influence on how the students learn, handle certain situations, perceive things, and overall just how their brain processesRead MoreHow the environment plays a role in learning1009 Words   |  5 Pagesï » ¿ How the Environment Plays a Role in Learning Learning is an important skill that is essential for everyone to succeed in life which includes school, work and our community. Learning allows people to obtain basic knowledge, develop skills and new experiences. Whether the environment that we are in is stressful, combative or stress free, everything in it is important to the ability and capacity for which learning takes place. How does the environment play a role in the way people learnRead MoreA Heated Classroom Discussion : Affirmative Action Example Essay1522 Words   |  7 PagesResponding to a Heated Classroom Discussion: Affirmative Action Example The case involves a heated classroom discussion where a teacher, Jeffery Moran opens a discussion on Affirmative Action in the class and the students like Rikki Johnson connected the topic to racism and gender discrimination. Soon the discussion lost its essence and hot moments were created in the class due to radical opinions of the students on the topic. CASE ANALYSIS Question1. What are the situational characteristics relevantRead MoreClassroom Managment from a Teacher ´s Point of View Essay examples566 Words   |  3 Pagesregards to running a high school classroom as smoothly as possible. My foremost belief lies within the importance of embracing the diversity of my classroom. Another essential notion of mine is the magnitude of deadlines. One last thought I wish to discuss in this paper is the importance of respect amongst everyone in a classroom. I understand that the aforementioned tenets will be worthless I if I do not devise ways in which to make them a reality in my own classroom. nbsp;nbsp;nbsp;nbsp;nbsp;Diversity

Picasso Art Free Essays

Washes away from the soul the dust of everyday life. † – Picasso I believe this statement to be completely true, and those who do not clearly misinterpret the true definition of art. Every individual has something that brings them comfort, whether that be painting, exercising, writing, or performing. We will write a custom essay sample on Picasso Art or any similar topic only for you Order Now These can all be considered acts of art, and by partaking in such activities you are truly purging yourself from the dust of everyday life. I don’t paint, draw, write, or involve myself in anything that could be considered traditional art. There are however many seemingly insignificant things I do throughout the day that help maintain a positive state of mind. Actions that I do for myself to benefit only myself, personal art in a sense. I believe it is truly important to set time personal time aside in order to express yourself to yourself, thus maintaining the positive state of mind that is crucial to a productive lifestyle. If Macbeth had a burning passion for knitting instead of murder, our grade 1 g’s would likely be studying a much more uplifting novel. Although everyone has a unique perception of art, true art plays a crucial role of each of our everyday lives. In fact many of us complete numerous works of art in a single day. Things that we may not perceive as traditional art but instead things that we feel an intense passion for and as a result partaking in these acts clear your mind, calm your emotions, and make you feel at ease. Take a look at our school community; we have athletes, artists, writers, musicians, and more all doing what they love, passions that wash away the dust of our everyday lives and give them the strength to persevere through the dullness of secondary school education. That is art in its truest form. How to cite Picasso Art, Papers

Treasury and Risk Management Business and Entrepreneurship

Question: Discuss about the Treasury and Risk Management for Business and Entrepreneurship. Answer: Introduction: The economic arguments for and against Brexit are as follows: Immigration: The argument against this topic states that it will not be possible for Britain to control immigration unless it leaves the European Union (EU). This is mainly because; freedom of movement gives the residents of EU an automatic right to live there. If Brexit takes place, the progress of Britain will stop, as they will not be able to recruit large number of skilled and unskilled workers from Europe as leaving EU will stop immigration to the UK. The event of Brexit will lead to economic downturn that will make Britain more unappealing as compared to other parts of Europe. As a result, Britain will become more poor and it will fall of its own agreement. The argument for this topic states the fact that leaving EU will not resolve the migration problem and lead to increase of the problem in the country. . Leaving the European Union will lead Britain to choose their own immigration policies that will lead to decrease in the number of immigrants (Cumming and Zahra 2016). Trade: The argument against this topic states the fact that the link of Britain with EU will hold back the focus on emerging markets. This is mainly because, with the association with EU, UK will not be able to diversify its global links. However, the argument for this topic states the fact that Britain has been the member of the EU for more than forty years. As a result, the decision to leave EU will lead to a period of economic uncertainty for both business and households. This will in turn, will create a negative effect on spending (Koutrakos 2016). Business: It has been predicted that Britain will remain a leading economic centre outside the EU and as a result, capital flight is not taken into consideration. However, on the other hand, if Britain leaves the EU the banks will flee the UK and the City of London collapse. This is mainly because; the advantages from trade with EU will help to enhance profits of the banks. Jobs: The risk related to jobs has been over-exaggerated. Britain can thrive like the Scandinavian countries by incentivizing asset through low business tax as well as other benefits. Brexit will also lead to loss of thousands of employees. Many firms in Britain depend on the EU for their jobs. The invasion of employees from Eastern Europe had drive down wages in various sectors in Britain that had led to suffer of the Britain workers. However, on the other hand it has been argued that if Britain leaves the EU, most of the people will be unemployed. This is mainly because around three million jobs are associated to the EU. The rate of unemployment will jump and the Gross Domestic Product (GDP) and the value of pound sterling would be hit severely. The business will also become less probable to invest if the country was outside Europe. The cost of labor is also likely to be reduced in the UK after Brexit takes place. The large companies are likely to relocate to the UK as soon as possible. Various business leaders dislike being a part of EU as the European Union imposes an extra cost that restricts their freedom. Leaving the EU will also lead to increase in wages of the workers in Britain (Brugge et al. 2016). Protection: The argument against this topic deals with the fact that if Britain is asked to contribute to an EU army, there will be a probability that Angel Merkel will demand approval of the Prime Minister in return for their allowances. As a result, independent military force of the UK will be eroded and combated. The EU is a force for tranquility and constancy in a continent that has long been cracked by wars and nationwide opposition. Large trades also desires to stay in EU for their own interest. However, if Britain does not leave the EU, they will be able to combat the challenges and threats that they are facing from Isil and Russia (Angeli, Piano and Arroyo 2016). The exit of the UK from The EU will put billions of pounds of the City of London to risk. This will also put the thousands of workers to risk as they might lose the job. If Brexit takes place, the UK-based banks will no longer be able to sell services throughout the bloc. A major amount of monetary trade presently booked in London would depart if the UK left the EU. There has been long-term concern that is taking palace about the status of the London financial center. The City of London is the largest financial centre in the European Union that mostly attracts a broad range of international banks as well as other financial services providers. It has been an international financial centre for years however; its role had expanded in recent decades due to deregulation of the bank and increase in global trade. London comprises of huge banks that includes Royal Bank of Scotland as well as vast environment of brokerage firms and derivatives traders. As a result, the financial services sect or plays a huge part in the UK. Brexit is likely to threaten the financial sector if it takes place (Freund 2015). Brexit has augmented ambiguity in the UK economy. UK economic policy has not distorted, apart from the interventions to become stable markets connected with the shock, and dumping the object of accomplishing balanced budgets. As long as the UK stays in the EU, the industries will be able to do business anywhere on the continent as well as they will be able to move workers without any worries related to visa. The City of London mainly dominates foreign exchange trading. Pass porting is one of the most popular mechanisms that are used by the UK banks in order to expand base of the customers in the union. The EU firms mainly use to valve into the global financial markets, through London as an international financial hub. The downfall of the London financial centre also had a negative impact on the financial position of the country. As a result, the value of pound declined sharply and had a dramatic impact on financial markets and jobs (Schelkle 2016). Recently, Paris made a bold pitch to persuade City of London bankers in the event of Brexit. London is likely to witness a mass departure of finance jobs in the wake of the Brexit vote. As per the report, more than 16,000 UK employees are likely to be shifted elsewhere in the EU. This will in turn, lead to high rate of unemployment. Brexit had reversed the financial tower of the City of London. In addition to the outlook that jobs will move to other financial centers, the City may also lose some of the most intelligent employees as the UK opts out of the EU. This will as a result, make the City less global once Brexit takes place. This is the very reason for which Germany rejected some ideas from the European Commission that led to permanent bureaucracy in Brussels. It also opposed to Brexit as leaving the EU will shut the UK out of its vital markets as well as from other markets in the world (Fichtner et al. 2016). German is the first countries that reacted and act on punish British, with other issues pressing that included Greek debt as well as migrant crisis and terrorism, the largest and most powerful European countries looked for clarity. As per the German minister, if British exit EU that will lead to exit with no scope related to entry. He also hoped for the fact that Britain will think about the decision again and will drop the idea of Brexit. He also stated that Europe is going to suffer largely once Brexit takes place. The long-term consequences will lead to destruction of not only the European Union but also the Western Political Civilization. As a result, German and France led to a joint initiative related to European security that will help Europe to survive even without Britain. Hence, Germany rejected some ideas initiated by the European Commission in order to respond by moving quickly towards more European political. The British firms are experiencing tremendously high levels of instability with sharp falls in Sterling due to Brexit. This also resulted in the downgrade of the credit rating in the UK. Brexit led to intermediary risks that deteriorated the economy and led to high-risk premia that is associated with an uncertain political and economic landscape. Brexit had primarily reformed the UK financial services. The exit of British from the EU would diminish the economy rather than enhancing the standing of the economy (Kierzenkowski et al. 2016). The pound plunged as low as $1.32 as compared to the US dollar due to overnight trading. This resulted in the fall of stock markets and as a result, Brexit worsened the British pound. Sterling descended by 10 percent in value to its weakest point. The crash of pound will affect the economy that will make the economy grow slowly if Britain leaves the EU. The weak pound will have a strong collision on prices. The decrease in the value of the pound against the dollar is probable to make the extensive cost to UK retailers higher. As a result, the tour operators in Britain will impose supplement as the cost of a package holiday increases due to changes in the currency as well as increase of fuel charges. The pound crush will lead to increase in the price of imported goods and as a result, imported goods are bound to become more expensive. The pound droop against a weighted basket of currencies is less harsh. The UK foreign investments will become more competitive and as a result, exports will also become more competitive in the UK (Mendez-Parra, Papadavid and Te Velde 2016). Hedge funds are mainly built to help Britain after the exit of EU. The Alternative investment Management Association mainly represents the interest of hedging funds. The hedging tool in this case will be clearing house. Clearing houses will mainly agree with the individuals over the panic-stricken weekend that they are likely to experience after Brexit. In that case, the UK cannot afford to get out of the single market or else, clearing house will be not being able to move first. Clearinghouses have also increased the amount of margin traders that pledged derivative contracts in the wake to leave the EU. The falling pounds will act as good news for exporters as made the products relatively cheaper for overseas customers to purchase. As a result, the UK companies are able to trade with European Union on a tariff free and quota free basis (Goryunov, Kiyutsevskaya and Trunin 2016). To overcome the difficulty or to manage risk, two main scenarios are analyzed that can be termed as an optimistic scenario and a pessimistic scenario. In the optimistic scenario, it is assumed that the trade relation of the UK with EU is identical to those that are currently enjoyed by Norway. Being a member of the European Economic Area (EEA) Norway shares a free trade agreement with the European Union that results in a no tariff trade between the two countries. As per the pessimistic scenario, the UK is not successful in negotiating a new trade agreement with the EU. Brexit will lead to increase in trade costs between the UK and the EU that is mainly divided into three parts. These three parts includes higher tariff on trade, higher non-tariff barriers as well as the UK may not contribute in future steps that the EU makes towards deeper incorporation. It is assumed the trade between the UK and the EU is subject to one quarter of the reducible non-tariff barriers. It is also assumed that MFN tariff are imposed on UK-EU trade related to goods (Larionova and Shelepov 2016). References Angeli, P., Piano, S. and Arroyo, V., 2016. Brexit from current guideline recommendations?.Gut, pp.gutjnl-2016. Brugge, G.S., Perraton, J., Lindstrom, N., Evans, P.M., Lee, S., Quaglia, L., Erturk, I., Dannreuther, C., KCL, S.J. and Wilson, S., 2016, June. Britain and Europe: The political economy of Brexitin trade and finance Workshop at the University of York, 14 June 2016. InWorkshop at the University of York. Cumming, D.J. and Zahra, S.A., 2016. International Business and Entrepreneurship Implications of Brexit.British Journal of Management, forthcoming. Fichtner, F., Groe Steffen, C., Hachula, M. and Schlaak, T., 2016. Brexit decision is likely to reduce growth in the short term.DIW Economic Bulletin,6(26/27), pp.301-307. Freund, P., 2015. Opportunities and Risks of the Proposed Referendum on United Kingdom's Membership in the EU (BREXIT). Goryunov, E., Kiyutsevskaya, A.M. and Trunin, P., 2016. Brexit Results: Macroeconomic Risks.Russian Economic Developments. Moscow, (7), pp.51-53. Kierzenkowski, R., Pain, N., Rusticelli, E. and Zwart, S., 2016. The Economic Consequences of Brexit. Koutrakos, P., 2016. Brexit and International Treaty-making.European law review, (1), pp.1-2. Larionova, M. and Shelepov, A., 2016. Post-Brexit Britain: Its Relations with the EU and Its Future in the Framework of Multilateral Institutions. Mendez-Parra, M., Papadavid, P. and te Velde, D.W., 2016. Brexit and development. Schelkle, W., 2016. Financial Centre and Monetary Outsider: How Precarious is the UK's Position in the EU?.The Political Quarterly,87(2), pp.157-165.

International Evidence on Financial Derivatives

Question: Discuss about the International Evidence on Financial Derivatives. Answer: Introduction Financial institutions such as banks tend to face many restrictions as they run their day-to-day operations. Ideally, smaller banks tend to face many restrictions as compared to larger banks. For instance, the regulators limit the size of banks to its ability to diversify its portfolio of assets. The smaller banks are therefore restricted to little or no diversification of the portfolio of assets to protect them from negative externalities such as failure. This research paper focuses on the nature of banks, and financial risks facing financial institutions. In addition, the research focuses on asymmetric information that may be relevant in discussing the question why the regulators should not limit the size of banks to a diversified portfolio of assets despite the significant negative externalities of failures faced by large banks. Nature of Banks Classification of banks depends on its nature that is its scope, timing, and extent. Ideally, the scope of banks depends on what it is mandated to perform (Bartram, Brown, and Fehle, 2009, pp.185-206). Some banks have a diverse portfolio of assets as stipulated in their Articles of Association while others have a small portfolio of assets. Apparently, most small banks tend to be restricted to having a small or less diversified portfolio of assets. What is common in most banks whether large or small is that they are mandated to receive deposits; they are mandated to make advances regarding loans, notes, and bonds, and the effect transmission of money from one place to another (Brigham, and Houston, 2012.). The timing of banks depends on the timeframe it can offer its portfolio of assets such as loans and bonds. Smaller banks tend to have loans with a shorter period of repayment while larger banks tend to have loans or bonds with a more substantial time of repayment. The extent of bank s depends on its ability to withstand exposure to a different business line that is its exposure to risk. Financial Risks Facing Financial Institutions and Reasons why the Regulators Should Not Limit their Size Credit exposure is one factor that banks face. It is created through any form of credit in which a bank engages in (Frank, and Goyal, 2009, pp.1-37). For instance, if a financial institution gives a loan of $ 2 million to a start-up business, there will be a risk that the firm is likely to default payment. To measure credit risk, a bank must calculate its exposure to credit on its total loan portfolio about the industry. Financial risk is defined as the risk that involves financial loss to a firm. Ideally, it arises from instability in the financial markets caused by the movement in currencies, share prices, and interest rates. As the money moves from one country or part to another, the bank faces financial risks. Subsequently, stock prices are prone to financial risks since they keep on fluctuating. Banks mainly face five types of financial risks, namely: market risk, credit risk, liquidity risk, operational risk and legal risk. First, market risk is a kind of risk that arises from the movement in the prices of financial instruments such as stock prices (Froot, 2008, pp.281-294). To overcome this, banks are required to use hedging tools such as futures, forward, options and swaps. Most of these financial derivative instruments are not available to small banks and therefore these banks ought to diversify its portfolio of assets to minimize this risk. This implies that the regulators should not limit the size of banks as banks could use diversification of the portfolio of assets to reduce their market risk. Second, credit risk is a type of risk that arises when one fails to fulfill the obligation of the contract (Grable, and Roszkowski, 2008, pp.905-923). For example, if a party to a loan contract defaults payment or if he fails to pay within the designated, it will result in credit risk. If that person defaults payment, the bank would not be able to pay back the money it got from the regulators. Due to this negative externality, regulators tend to limit the size of the banks. Ideally, the larger a bank is, the better its ability to diversify its portfolio of assets. If the regulators limit its size, it will not be able to expand its portfolio of assets thus risking failure due to the credit risk. Third, liquidity risk is a type of risk that arises when a bank is unable to secure a transaction (Huang, Zhou, and Zhu, 2012, pp.193-205). For instance, if an organization requests a loan of $ 5 million, but the bank does not have enough liquid cash to satisfy its needs. The bank, in this case, will be said to be facing liquidity risk. If a bank faces this type of risk, the regulator is bound to limit its size. As a result, the financial institution will not be able to diversify its portfolio of assets. Due to this, it is more likely that the bank will encounter other types of risks that will eventually lead to its failure. This means that regulators should not limit the size of banks. Fourth, operational risk is a type of risk that is caused by operational failures of banks such as mismanagement of funds (Turner, 2014). If a bank does not have a reliable or adequate internal control system, it will likely face operational risk. Apparently, regulators will limit the size of a bank if it faces this danger since the regulators have an interest in the banks. The money that circulates in the banks is usually borrowed from the regulators. In the event, these banks will not be able to diversify thus likely to face negative externalities. To help banks prosper in the industry, regulators should not limit their size when faced with operational risk. Lastly, legal risk is a type of risk that arises out of legal constraints such as when a bank is facing a lawsuit (Walker, 2009). If a financial institution faces a legal risk, it loses trust in the eyes of the public and the regulator. The regulator then limits its size since people would prefer getting loans elsewhere. Its ability to diversify decreases, thus risking closure due to the inability to sustain in the market. Regulators should therefore not limit their size to avoid closure. Conclusion Banks are bound to face financial risks in their normal business operations. These risks include operational risk, legal risk, liquidity risk, credit risk, and market risk. If a bank faces these risks, the regulators will limit its size. A larger has a better ability to diversify its portfolio of assets. However, if the regulators reduce its size, it will be unable to diversify thus facing negative externalities. The regulators should therefore not limit the size of banks despite the negative externalities failures it tends to impose on the public, as it will risk failure. References Bartram, S.M., Brown, G.W., and Fehle, F.R., 2009. International evidence on financial derivatives usage.Financial Management,38(1), pp.185-206. Retrieved on 14 January 2017. Brigham, E.F., and Houston, J.F., 2012.Fundamentals of financial management. Cengage Learning. Retrieved on 14 January 2017. Frank, M.Z. and Goyal, V.K., 2009. Capital structure decisions: which factors are reliably important?Financial Management,38(1), pp.1-37. Retrieved on 14 January 2017. Froot, K.A., 2008. The intermediation of financial risks: Evolution in the catastrophe reinsurance market.Risk Management and Insurance Review, 11(2), pp.281-294. Retrieved on 14 January 2017. Grable, J.E. and Roszkowski, M.J., 2008. The influence of mood on the willingness to take financial risks.Journal of Risk Research,11(7), pp.905-923. Retrieved on 14 January 2017. Huang, X., Zhou, H., and Zhu, H., 2012. Assessing the systemic risk of a diversified portfolio of banks during the recent financial crisis.Journal of Financial Stability,8(3), pp.193-205. Retrieved on 14 January 2017. Turner, P., 2014. The global long-term interest rate, financial risks and policy choices in EMEs. Retrieved on 14 January 2017. Walker, D., 2009. A review of corporate governance in UK banks and other financial industry entities. Retrieved on 14 January 2017.