Global Economic Outlook and Challenges Faced by Singapore Essay

Global Economic Outlook and Challenges Faced by Singapore - Essay Example This is endorsed by a survey by the McKinsey Group which finds that amid the uncertainty the prospects for investment banking in the emerging markets remain relatively bright (BÃ ¶hme, Chiarella & Lemerle (2008). Southeast Asia however, has been making solid economic progress since the financial crisis of 1977 but Singapore has been going through a lean pitch and much depends upon the economic activity that take place globally in the near future. The OECD countries accounted for 75% of the world GDP less than 5 decades ago which today accounts for less than 55 percent (Santiso, 2008). The US stock market that accounted for 50% of the world market capitalization now accounts for less than thirty five percent and continues to decline. Emerging markets like Brazil, Mexico, Turkey and South Korea have already become OECD members and Brazil is all set to become the global player. It is growing into a global trader reaching into markets like Middle East, Africa and South East Asia. The subprime crisis of the US can provide new oppurtunities for the Asia-pacific region. The Asia-Pacific investors are playing a key role in supporting the developed countries during the current financial turmoil. Berner (2008) of Morgan Stanley however fears that recession will go global and the industrial economies will be flat in 2009. Most emerging economies have been facing a combination of external shocks and tighter monetary policies. Since the exports to the US would be reduced, it would impact the other economies as they would face decline in employment, which would have pressure on the income, consumers and their lenders. Most predictions estimate that the US economy will take a V-turn and not U-turn. The airline industry too is facing the darkest future as multiple airline liquidations will further cripple the economy that depends on affordable and efficient transportation system.

George Washington Essay Example for Free

George Washington Essay The shift of power in the late 1790’s by the Federalists can be attributed to different factor that had caused such incidents. In understanding this loss, the fall from power does not revolve around the hold of the government. Rather, it is the shift of ideas and reshaping of new interests that had led to the split of views among the American public and the rise of a new group who had a different view with the dominant Federalists. These changes began to manifest itself during George Washington’s tenure as president. Under his control, he had established a capable cabinet to address the current hurdles and obstacles surrounding American society during that time (Intelecom, n.d.). On one side, we can see Alexander Hamilton who seeks to redefine America’s policies and improve on the economy. On the other hand, his secretary of State; Thomas Jefferson, sees these scenarios as too much for central control. There are several issues surrounding this debate between Jefferson and Hamilton. Since the impeding issues of economic problems surrounding the country, there is now an argument surrounding creating a centralized bank that will facilitate these economic issues. However, this was hindered by Jefferson because such creation can undermine the overall capacity of the state to act on these problems (Intelcom, n.d.). At the same time, there is the issue surrounding national debt. Again, there are contrasting views surrounding its resolution. For the part of Jefferson, it is essential that the state pay off these debts and restart with policies that are debt-free which can in turn benefit the whole of the people. On the other hand, for Hamilton he believes that these debts should be hold on by the government. After this, he thinks to centralize these debt systems which shall be facilitated by the national treasury (Intelcom, n.d.). Though there were several arguments that have made a split in Washington’s cabinet, there was one important consolidation among the actors involved. This was choosing the appropriate capital for the central government. In here, it can be argued that Jefferson advocated the transfer of the central office to now Washington D.C. so as to prevent too much control of Federalists in a specific location. That is why choosing a neutral ground is an outcome that both parties especially Jefferson wanted (Intelcom, n.d.). Seeing these developments during the tenure of George Washington, the decline of Federalists power became evident during the formation of individuals who sought to control the level of centralization among other groups. Thus, this started the formation of the Republican Party and showcased a new wave towards redefining views concerning society, politics, and the economy (Intelcom, n.d.). This rise of the Republican party manifested itself after the presidency of George Washington in 1897.Though the head of office was gained by the Federalists, the vice-presidential position was attained by a member of the Republican party; Thomas Jefferson. Seeing this development, the country then saw for the first time two leaders who share opposing views concerning running a country. Such split is one indication of the end of the Federalists grasp of American politics. In the end, the loss of power and control of the Federalist Party resulted in different and contrasting views concerning political and economic politics. With the development of the Republican Party, it allowed the American public to have a choice on important and vital issues surrounding policies on domestic and foreign policy. Such idea catapulted a new wave of how politics and issues are addressed and administered by members of the government. Reference Intelecom (n.d.) Power Struggle Between Federalists and Republicans. Retrieved March 7, 2009 from, http://www.intelecomonline.net/VideoPlayer.aspx?Code=BDEF3032E99ACF2BD2D23910C9607455152966AE3C779225DA277C7DE3E7D3745F9D9FA44321A1B5C3BC82D441AC0566# Intelecom (n.d.) The Presidential Election of 1976. Retrieved March 7, 2009 from, http://www.intelecomonline.net/VideoPlayer.aspx?Code=BDEF3032E99ACF2BD2D23910C96074553A771997888BD3CE172D9718409283795AA3E4F7FDA67740E47B365B657B11DF#

Title IX: A long-term debate Essay -- Journalism Journalistic Essays

Title IX: A long-term debate Every year incoming college freshman go to their new college or university expecting to find their favorite sport, but sometimes due to lack of participation the sport is not there. In some case, the federal law Title IX is to blame as in the case of Zalikah Lewis, a sophomore at Pine Manor College, an all women's College in Chestnut Hill. Although she wouldn't join the swim team, she does enjoy the sport and was surprised that the sport wasn't offered while the school had most other popular sports. Thirty-one years ago, with the rise in revenue and attendance at collegiate sports, the federal government implemented a Title IX program that would established opportunities for men and women in colleges for their programs and academics. A major emphasis on the program has gone to schools athletic programs, to share the funds and sporting teams equally. There is a debate over whether the teams are really split fairly or are some of the more successful male teams get prominence over women's teams. "I think women's sports are getting better," said Charmaine Steele, a junior women's basketball player at Quinnipiac University in Hamden, Connecticut. "Some sports are better to watch on the women's side than the men's side. The sports world is slowly moving away from the men. Yes it's still a man's world but not for long," she added. "In athletics there are more males than females; therefore, it shouldn't mean that men should limit their numbers considering that the population of males is a lot higher than that of females," said Lewis. Title IX states that "No person in the United States shall, on the basis of sex, be excluded from participation in, be denied the benefits of, or be subj... ...h earned 66,943 and a women's coach earned 63,000. The differences in salaries have also been a topic of discussion when it comes to Title IX. Although it is still a controversial law in the U.S. Title IX does not seem as it will be going away anytime soon. Colleges and universities have both benefited and been at a loss due to Title IX. The program was set up to open opportunities for all and its true results may not be seen for years. Each person that Title IX affects will have a different reaction to it. Some people will see the good it causes but many will see it as a program killer. Until a full proof way of gender equality is found, every year that Title IX is in effect controversy will follow it. "I think that Title IX is a good thing as it creates equality. Anything that creates opportunities for women and minorities is a good thing," said DeFilippo.

Key Events in the Civil Rights Movement Essay -- Civil Rights Equality

The Civil Rights Movement started with The Montgomery Bus Boycott. The Boycott officially started on December 1, 1955. Rosa Parks was an Educated women and she attended the laboratory school at Alabama State College. Even with that kind of education she decided to become a seamstress because of the fact that she could not find a job to suit her skills. Rosa Parks was arrested December 1955. Rosa Parks Entered a bus with three other blacks and sat on the fifth row. The fifth row was the first row the black could occupy. After a few stops later the rows in front of them where filled with whites. According to the law at the time blacks and whites could not occupy the same row. There had been one white man left with out a seat. The bus driver had told the four to move so the white man had a place to sit. The other three that was with Rosa Parks had moved. Rosa Parks however did not. She refused and was arrested. E.D. Nixon post bond for Rosa Parks. He told her that with her permission they could break segregation from buses with her case. Jo Ann Robinson made flyers and distributed them with her students. The flyers urged people to stay off the buses on Monday the day Rosa Parks case was due. Martin Luther King, Jr. a minister thought that if they could 60 percent of the blacks to stay off the buses the boycott would be a success. Martin Luther King Jr. thought he saw a miracle when he saw bus after bus pass his house with no blacks in them. That night they had called a meeting him and other ministers and blacks of the community which they called there self (MIA) Montgomery Improvement Association. They elected King the president of the group. They had a decision to make whether or not to continue with boycott or not. Then E.D. Nixon rose to speak: ?What's the matter with you people? Here you have been living off the sweat of these washerwomen all these years and you have never done anything for them. Now you have a chance to pay them back, and you're too damn scared to stand on your feet and be counted! The time has come when you men is going to have to learn to be grown men or scared boys.? The MIA had then decided to let the people vote on whether or not to let the boycott continue or not. They held a mass meeting and it was obvious to see that they decided to continue with the boycott. When the boycott began no one had expected for it to ... ...a return to Montgomery, where the civil rights movement had started ten years earlier with the Montgomery Bus Boycott. A few months later, blacks had reason to rejoice again. It was truly a day for celebration. On August 6, 1965, President Johnson signed the Voting Rights Act into law. By 1969, 61% of voting-age blacks in America were registered to vote, compared to 23% in 1964. The Selma to Montgomery march clearly showed both how far American blacks had come and how far they still had to go. Ten years ago blacks could barley do anything and now they are equally treated how they are suppose to be. During the movement mainly great people died. The sacrifices they made help make America what it is today. The movement was from 1955-1965, those years where some of the hardest years for America. We overcome our differences and now everyone is equal. This report was based on The Civil Rights Movement. Websites http://www.mecca.org/~crights/cyber.html http://www.cr.nps.gov/nr/travel/civilrights/ http://www.infoplease.com/spot/civilrightstimeline1.html Books Voices of Freedom: An Oral History of the Civil Rights Movement The Origins of the Civil Rights Movement

Internal communication Essay

It has recently come to my attention that several reports are circulating in the media regarding proposed layoffs at Yahoo and this has become a matter of concern to some of our employees. As with any reports that do not come directly from the Yahoo corporate offices, some of the information being presented could be considered factual while other information is clearly not. It is important to remember that Yahoo has no hidden agenda and employees will be informed as soon as possible when decisions are made which may affect their work status. The truth of the matter is that profit projections for the fiscal year 2007 initially do not appear to be meeting goals. Yahoo stock prices are also valued below projections. It is important that the company make up for these losses by finding methods which will increase profits and decrease costs in the upcoming year. In order to do so, there are many options available for review by Yahoo’s executives, most of them pertaining to an increase in sales of our more popular products, pricing restructure, partnering with other companies, marketing to reach new users, outsourcing, increasing productivity, and reducing those components of the operation which have proven to be unprofitable. Our CEO, Jerry Yang, will be making an educated, well-researched decision regarding these options. Mr. Yang will make an announcement as to which measures will be instituted by Yahoo to increase profits and stock prices on February 1st. Please rest assured that our employees will be apprised of this information before the media reports on the announcement. Until Mr. Yang makes his official announcement regarding profit increases and cost-cutting measures, please bear in mind that Yahoo is making every attempt to resolve its financial problems in a fair and equitable manner which will ensure Yahoo’s future growth and top placement in the market. Since Yahoo is a publicly traded company, it is often the target of media scrutiny and while at times we welcome this scrutiny for its promotional value, at other times it is based purely on hearsay with gaps filled in by a lack of factual information or supposed reports from â€Å"insiders† who no longer work at the company. At Yahoo, our very talented and hard working employees are the backbone of the company and we truly appreciate the time and effort spent at your jobs. The last thing Yahoo wishes to do is lose its most valuable assets – you. If anyone has any questions or concerns that have not been answered by this communication, please see your immediate supervisor, who can direct those concerns to the proper person. Best Regards, John Doe Internal Communications Coordinator Works Cited Helft, Miguel (January 22, 2008). â€Å"Hundreds of Layoffs Expect at Yahoo†. New York Times.

Essay on Geoffrey Chaucer

Essay on Geoffrey Chaucer Essay on Geoffrey Chaucer Essay on Geoffrey ChaucerGeoffrey Chaucer is one of the most influential writers of his time, whose works mirrored critically social norms and beliefs of his contemporaries. In this respect, Chaucer’s depiction of the clergymen is particularly noteworthy because, in contrast to the traditional piety in relation to clergymen, Chaucer tends to the satirical and ironical depiction of clergymen as is the case of the Pardoner’s Tale, where the narrator belongs to the clergymen but uses his position for his own benefits.Chaucer is very critical in his view on clergymen. To put it more precisely, he debunks the myth about the clergymen as the community of people living a virtuous lifestyle. Instead, he uncovers numerous vices clergymen are inclined to just like the average people. More important, Chaucer stresses the hypocrisy of clergymen, who pretend to be virtuous people, whereas their acts and thoughts reveal their sinful nature. Clergymen depicted by Chaucer are not a com munity of virtuous people. On the contrary, it is rather the community of sinners, whose sins are eve graver compared to the average people because they disguise their sins under the mask of virtuous lifestyle.At this point, it is possible to refer to the Pardoner’s Tale, where the narrator reveals the sinful nature of the clergyman narrating the story. In fact, the main character of the story is not a virtuous person as he pretends to be. On the contrary, he peruses personal benefits and wealth rather than virtue. In such a way, Chaucer debunks the myth about clergymen as the community of virtuous people. instead, he uncovers their sins and disparity between what they tell and promote and what they actually do.

Water Chemistry Definition and Properties

Water Chemistry Definition and Properties Of all the molecules in the universe, the one most important to humanity is water: Water Definition Water is a chemical compound consisting of two hydrogen atoms and one oxygen atom. The name water typically refers to the liquid state of the compound. The solid phase is known as ice and gas phase is called steam. Under certain conditions, water also forms a supercritical fluid. Other Names for Water The IUPAC name for water is, actually, water. The alternative name is oxidane. The name oxidane is only used in chemistry as the mononuclear parent hydride to name derivatives of water. Other names for water include: Dihydrogen monoxide or DHMOHydrogen hydroxide (HH or HOH)H2OHydrogen monoxideDihydrogen oxideHydric acidHydrohydroxic acidHydrolHydrogen oxideThe polarized form of water, H OH-, is called hydron hyroxide. The word water comes from the Old English word wà ¦ter  or from the Proto-Germanic watar or German Wasser. All of these words mean water or wet. Important Water Facts Water is the main compound found in living organisms. Approximately 62 percent of the human body is water.In its liquid form, water is transparent and nearly colorless. Large volumes of liquid water and ice are blue. The reason for the blue color is the weak absorption of light at the red end of the visible spectrum.Pure water is flavorless and odorless.About 71 percent of the Earths surface is covered by water. Breaking it down, 96.5 percent of the water in the Earths crust is found in oceans, 1.7 percent in ice caps and glaciers, 1.7 percent in ground water, a small fraction in rivers and lakes, and 0.001 percent in clouds, water vapor, and precipitation.Only about 2.5 percent of the Earths water is fresh water. Nearly all of that water (98.8 percent) is in ice and ground water.Water is the third most abundant molecule in the universe, after hydrogen gas (H2) and carbon monoxide (CO).The chemical bonds between hydrogen and oxygen atoms in a water molecule are polar covalent bonds. Water readily forms hydrogen bonds with other water molecules. One water molecule may participate in a maximum of four hydrogen bonds with other species. Water has an extraordinarily high specific heat capacity [4.1814 J/(g ·K) at 25  Ã‚ °C] and also a high heat of vaporization [40.65  kJ/mol or 2257  kJ/kg at the normal boiling point]. Both of these properties are a result of hydrogen bonding between neighboring water molecules.Water is nearly transparent to visible light and the regions of the ultraviolet and infrared spectrum near the visible range. The molecule absorbs infrared light, ultraviolet light, and microwave radiation.Water is an excellent solvent because of its polarity and high dielectric constant. Polar and ionic substances dissolve well in water, including acids, alcohols, and many salts.Water displays capillary action because of its strong adhesive and cohesive forces.Hydrogen bonding between water molecules also gives it high surface tension. This is the reason why small animals and insects can walk on water.Pure water is an electrical insulator. However, even deionized water contains ions because water unde rgoes auto-ionization. Most water contains trace amounts of solute. Often the solute is salt, which dissociates into ions and increases the conductivity of water. The density of water is about 1 gram per cubic centimeter. Regular ice is less dense than water and floats on it. Very few other substances exhibit this behavior. Paraffin and silica are other examples of substances that form lighter solids than liquids.The molar mass of water is  18.01528  g/mol.The melting point of water is  0.00  Ã‚ °C (32.00  Ã‚ °F; 273.15  K). Note the melting and freezing points of water may be different from each other. Water readily undergoes supercooling. It can remain in liquid state well below its melting point.The boiling point of water is  99.98  Ã‚ °C (211.96  Ã‚ °F; 373.13  K).Water is amphoteric. In other words, it can act as both and acid and as a base. References Braun, Charles L.; Smirnov, Sergei N. (1993-08-01). Why is water blue?. Journal of Chemical Education. 70 (8): 612.  Gleick, P.H., ed. (1993). Water in Crisis: A Guide to the Worlds Freshwater Resources. Oxford University Press.Water in Linstrom, Peter J.; Mallard, William G. (eds.); NIST Chemistry WebBook, NIST Standard Reference Database Number 69, National Institute of Standards and Technology, Gaithersburg (MD).