Wall Street Journal Executive Summary Essay Example | Topics and Well Written Essays - 750 words - 2

Wall Street Journal Executive Summary - Essay Example The European Central bank decided to charge the commercial banks to avail money on deposits. To extenuate unnecessarily huge amounts of capital into the nation, the Central Bank of Denmark violently decided to print kroner. Countries that were in landmark of collapse, such as Spain, are able to recover their hope by selling treasury bills that are short-term. These treasury bills offer back to investors in the country less principals than they began with. A number of European countries, within and out of the Eurozone, sold away civil liabilities with maturities of not more than five years at a negative yield. This held investors responsible for the payment of privileges in holding it. If only they would sell the bonds at even higher prices, they would enjoy profits. Switzerland was not left behind either, as it sold out an aggregate of bonds maturing in 2025 and 2049. Ten years down the line, the yield was at a negative level as compared to the most modern similar bond around two months ago. Prices of Swiss bonds which were maturing up to eleven years in the days to come have moved up in the secondary market, in such a way that their yields have drafted into the negatives. Switzerland later got disturbed about the results that would follow the purchase of large amounts of euros to maintain the suppression of franc and so it chipped its upper limit on the franc and reduced the deposit rates by 0.75%. The foreign market therefore, was subjected to agitation. The fact that it took money to add cash as deposit renders the modest in negativity yield of the current ten year bond as appealing. An identical situation happens to be experienced in the Eurozone, as the Europe Central Bank has adjusted its deposit rates and reduced them by 0.2% then belligerently purchased bonds. This happened in January. Investors were scared away by the fact that deflation would possibly occur in the nation. They were also discouraged by the way

Global Warming in Florida Essay Example | Topics and Well Written Essays - 1750 words

Global Warming in Florida - Essay Example Today however, the global increase in temperature is destined to affect the natural as well as the physical activities in Florida. Evidence of the global warming is apparent in the gradual immersion of the beaches to the sea caused by temperature rise and thawing of glaciers increasing ocean waters. Change in the weather is another attribute of the global warming; recent times have seen devastating hurricanes sweeping across the state leaving behind enormous loss of property and destruction of vegetation (Southern Alliance for Cleaner Energy, 2007). The average rise in sea level globally has been estimated to be 6 inches in the 20th century. By 2100 the immersion of the beaches is expected to reach 15 inches. The global warming impacts in the Florida state are evidently seen in other areas of wildlife and tourism. The Florida has been stated as a ground zero in terms of the climatic change impacts in the United States of America this statement is based on the extents and effects of g lobal warming already experienced in Florida (NRDC, 2001). On the other hand skeptics do not believe that global warming is a serious problem at all, they are attributing theses changes to effects of evolution rather than those of human activities industrialization. Let us now look at the realities of the global warming and awareness to people. Alertness of Global warming to Floridians According to a research done by the Florida Wildlife Federation and National Wildlife Federation (2006) on March to April 2006 where a group of people were interviewed at the end of the research 63% were aware of the global warming and the its effects in Florida, 27% were unaware while 10% thought otherwise, the global warming in Florida is a fact with effects on the... The state of Florida is well known for its tourism attraction due to its excellent beaches, diverse native wildlife species, variety of fish and birds. However, the evidences of the global warming are also present in Florida today. Elaborate explanation of the causes and the overall results of the global warming in Florida are discussed in the essay. Nobody can now provide any argument to belittle the effects of the global warming in Florida based on what we have found out. With confirmation of the global warming it is up to the Floridians and everybody else to take a positive step now. According to scientists the threat of the global warming can be overcome by a 40 year 2% reduction in the greenhouse emissions. The governments together with the environmentalists and the individuals have a role to play in reduction of the global temperatures. Failure to take an action will seen the nature’s anger in form of adverse climatic effects on human being and wildlife alike. Cases of s uch have been seen in form of hurricanes in Florida, El.nino rains in various parts of the world and excessive droughts in Africa. Of course Florida’s attempts to reverse the global warming would be in vain without the cooperation of the other states and countries. The researcher hopes that International policies can help to reduce the global warming, such as the Kyoto protocol. Implementation of such policies should be underway to alleviate the occurrence and the magnitude of such disaster as has been experienced in the recent past across the world.

Lev Shestov and Democratization of Thought Essay

Lev Shestov and Democratization of Thought - Essay Example Shestov displays a great amount of variety in his work and also borrows from the philosophy of the east in order to challenge the views that are established and belong to great thinkers. Through such a move, Shestov achieves a revolutionary approach that serves to challenge the existing order of things as they are in the society and in the universe. The complexities of such viewpoints are expressed in several works that he wrote. This paper shall seek to analyze an excerpt from the essay, â€Å"The Force of Argument†, which seeks to establish a dialogue between himself and the German philosopher, Arthur Schopenhauer, whose views Shestov was not in agreement with at all (Shestov 97). Using several points of view from different schools of thought, Shestov is able to provide a refutation of the argument that Schopenhauer presents and is also able to give his own argument a place in a continuity of history by anticipating its own modification by a later theorist, in the same way, that he was modifying the theories of Arthur Schopenhauer. Shestov criticizes the assumptions that Schopenhauer takes for granted while formulating his analyses of the condition of man. The distinction between the individual man and the collective is clearly laid out by Schopenhauer in his philosophy. The beginning and the end of man is taken as a given that cannot be refuted is also a basis for any future argument that Schopenhauer makes; which is to say, that it forms the bedrock of his later discourses. Shestov’s challenge is aimed at a challenge of the very basic assumptions that are taken for granted by philosophers like Schopenhauer. The excerpt from â€Å"The Force of Argument† makes it clear that the immortality of the soul can be defined in many ways. A man who is dead is considered to be dead as an individual merely because of the demise of the earthly identity of his body. Shestov does not consider this to be a legitimate ending; neither does he think that t his constitutes a definite ending to a person’s existence. Casting off the body that we see on this planet and the identity that is assumed on the earth, the soul may move to another planet and assume another identity clothing it with another covering. This may lead one to think that the ending of a person is not an ending but a continuation of the existence of a soul that was always present. The immortality of the soul is taken as a reference point even in this argument that Shestov provides as a refutation of an argument that he feels gives excessive importance to reference points, given by Schopenhauer. The absence of reference points and the immortality of the soul are aspects also of Christianity. However, the soul assuming new bodies in different planets after the death of one body is a definite influence of eastern philosophy, especially Hinduism, which believes in the transmigration of souls from one body to the other following death. It is a Eurocentric view that Sch openhauer takes when he expounds his philosophy; it is this narrow view that is sought to be altered when Shestov offers his refutation of the arguments that are provided by Schopenhauer.

Globalisation and Mental Disorders Essay Example | Topics and Well Written Essays - 1500 words

Globalisation and Mental Disorders - Essay Example The results of the study shall be indicative of the current situation and are valuable in the improvement of treatment provision for a population that is increasingly becoming culturally diverse due to the large influx of people from other cultural backgrounds. With this knowledge, the society shall then be able to identify and take the appropriate steps to improve the way depressed people are being treated. Funding in the amount of  £2,800 is requested for expenses incurred during research the bulk of which shall be used for access to publications whose material is available only for a certain fee. To what extent has the relationship of depression, culture and treatment explored and how is the knowledge gained from this exploration being applied in the formulation of treatment for depressed patients? The researcher hypothesizes that there is little substantial research in this field and that results are limited due to the complexity of dealing with the subject of culture and associating it with another complex subject called depression. Hence, a lack of understanding of depression, within various cultures and communities exists, including the comprehension of the diagnosis and treatment of this condition. There is a desperate requirement for general medicine and public health services to understand the cultural needs of individuals when generating a diagnosis or treatment regime. Depression can have debilitating effects on the individual as it can lead to self-inflicted injuries and other destructive behavior. If left unchecked, it could also have severe consequences to society as evidenced in the school shootings and stabbings by clinically depressed individuals. However, in the field of depression treatment, there is the general tendency to adopt standards and procedures which has been developed in the past with one cultural group in mind.