Friday, December 27, 2019

William Shakespeare s Hamlet And Steven Monroe s...

Vengeance Revenge is a force that has ceaselessly perplexed man’s conscience. Do you heed the words of the bible and let revenge fall upon the shoulders of the Lord, or do you take the eye that was so wrongfully taken from you? Do you take into your hands retribution, or do you adopt a philosophy of forgiveness? Perhaps being forgiving does not make for good entertainment. It is William Shakespeare’s Hamlet and Steven Monroe’s interpretation of I Spit on Your Grave that cultivates the viewer experience in which these questions are left to marinate in the minds of its viewers. Hamlet’s lust for revenge, not unlike the protagonist in Monroe’s adaptation of I Spit on Your Grave, is what keeps the viewer intertwined within the tale. Hamlet†¦show more content†¦During the course of the first half of the film we are introduced to Jennifer’s vulnerability. Jennifer is alone, but she is also kind to and trusting of the local men. Later, these would b e the same men that savagely tormented and sexually assaulted Jennifer for their own repugnant enjoyment. Not only did they brutally violate Jennifer, but they also left her battered body in the woods as if her life had no value. Unbeknownst to the men that left Jennifer for dead, she survived the prolonged attacks, and thus emerges her passion for revenge. Furthermore, beyond similar methods of a great wrong being used to introduce a motive for revenge, Hamlet and I Spit on Your Grave also share similarities in how the revenge was carried out. Both works take the eye for an eye approach in their solutions. For Hamlet, he vows to avenge his father in a manner that involves an act of â€Å"antic disposition† (Shakespeare) that eventually leads to the death of everyone involved with the murder of King Hamlet. The final scene is essentially a bloody mess, but perhaps the most significant aspect is the fact that Claudius dies by poison at the hands of Hamlet because it is equal t o the way in which Claudius ended the life of King Hamlet. As for Jennifer, her method of revenge is just as bloody for her tormenters. Each man is brutally tortured and murdered in a way that aims to match the suffering originally inflicted on Jennifer. However, the true significanceShow MoreRelatedStephen P. Robbins Timothy A. Judge (2011) Organizational Behaviour 15th Edition New Jersey: Prentice Hall393164 Words   |  1573 Pagesstorage in a retrieval system, or transmission in any form or by any means, electronic, mechanical, photocopying, recording, or likewise. To obtain permission(s) to use material from this work, please submit a written request to Pearson Education, Inc., Permissions Department, One Lake Street, Upper Saddle River, New Jersey 07458, or you may fax your request to 201-236-3290. Many of the designations by manufacturers and sellers to distinguish their products are claimed as trademarks. Where those designations

Thursday, December 19, 2019

A Comparison of Oedipus and Odysseus Essay - 1901 Words

Similarities Between Oedipus and Odyssues Since the beginning of time epic tales have been passed on from generation to generation as a form of entertainment. Even though each epic is different in its plot, every epic has certain features in common. The prime example of their similarities is their main character, the hero of the epic. The heros behavior changes from the beginning to the end of the tale. Since the plot revolves around the epic hero, in most cases, they are made to seem God-like, or larger then life, in their capabilities and strengths. The hero constantly has to conquer major obstacles to achieve their initial and final goal. Usually the hero is tremendously suspicious of other characters intensions.†¦show more content†¦Oedipus and Odysseus are both considered heroes. They are extremely similar in their actions as well as their personalities. For example, Oedipus and Odysseus are both extremely suspicious of others for fear of their own lives. Their suspicious nature is not unprovoked. W hen Odysseus visits Hades, Agamemnon tells him, Never be too trustful even of your wife, nor show her all that is in your mind (Homer 172). Agamemnon had lost his life by the hand of his own wife, Clytemnestra. In the Greek story, Agamemnon, written by Aeschylus, after Clytemnestra murders Agamemnon she says, †¦I feel no shame†¦for me, I have had long enough to prepare this wrestle victory, it has come at last (Aeschylus 44). Clytemnestra was happy that her premeditated murder of her husband succeeded. Agamemnon does not want Odysseus to face the same consequences he faced. Odysseus is following this advice even before Agamemnon gave it to him. Odysseus never told a stranger who he really was. He always made up a story of where he was from and who is. Then he would bring up the name Odysseus to see what they really thought of him. He did not want to put himself in danger if the person did not like him. When he returns to Ithaca he also did this to his wife, Penelope. Athena turned him into a beggar. Penelope approached him in this form and asked about her distant husband. When Odysseus said, He is still alive, a tear fell downShow MoreRelatedComparison Of Odysseus In The Odyssey And Oedipus The King819 Words   |  4 Pagesnever do we touch on intelligence. Is it a trait amongst all hero’s? No, however two stand out due to their cleverness. Odysseus from Homers’ the Odyssey and Oedipus from Oedipus the King. Now these two share the fact that they are intelligent, however this shows in different ways; Odysseus has a more interpersonal sense of intelligence and Oedipus’s whit is more linguistic. Odysseus ends up in a parlous predicament. He’s stranded miles and miles away from home for 20 long years. 10 of those years heRead More Comparing the Hero in Sophocles Oedipus the King, Homers Odyssey, and Tans Joy Luck Club2133 Words   |  9 PagesHeros in Sophocles Oedipus the King, Homers Odyssey, and Tans Joy Luck Club      Ã‚  Ã‚  Ã‚  Ã‚   In world literature, there are two types of archetypal protagonists, the mythic hero and the tragic hero. Mythic heroes, like Homers Odysseus, represent the combination of superhuman virtues and human imperfections. These traits create a supernatural adventure with a realistic character. The mythic hero is favored by divine powers and eventually achieves a certain goal or completes a certain journeyRead MoreThe Poetics of Oedipus and Dana Marschz1312 Words   |  6 Pages in Sophocles Oedipus the King, declares to Oedipus that his power ends; none of [his] power follows [him] through life. (Fagles, 652:1677-8) This edict communicates the transience of mortal abilities, and the hubris of those mortals. In the 2008 film Hamlet 2, Dana Marschz perceives himself as an excellent writer producing the work that will save Drama (Hamlet 2, 00:27:58-28:00), which the community loathes for its mediocrity rather than celebrates for its merits. Comparison of the two wo rksRead MoreAnalysis Of The Book The Odyssey 984 Words   |  4 Pagesthat they are associated with, Lucius Junius was important for Rome’s release from monarchy and the development of the Roman republic. Telemachus, son of the hero Odysseus and Penelope, is one of the main character of Homer’s poem The Odyssey. The first four books of the Odyssey tells Telemachus’ story as he searches for Odysseus after his disappearance after the Trojan War. With the guidance of the goddess Athena, Telemachus travelled to Pylos to visit king Nestor and Sparta to visit King MenelausRead MoreThe Cyclops Scene In Flannery OConnors Good Country People1508 Words   |  7 Pageshis work includes Sophocles’ Oedipus Rex and Homer’s Iliad and The Odyssey (Mitgang 1985). This affected O’Connor’s Good Country People as it has similarities to the Cyclops scene in Book 9 of The Odyssey and Greek myth in general, as the use of names, the idea of vision (or lack thereof), and isolation shape the description and actions of the two characters. A Brief Summary of the Cyclops Scene in The Odyssey In Book 9 of the Homeric epic, The Odyssey, Odysseus and his crew land on the islandRead MoreEssay on Analysis of Penelope as Moral Agent in Homer’s Odyssey3049 Words   |  13 Pagesproblems in her comparison of the Odyssey and outside texts (especially that of Carol Gilligan), inconsistencies in citations and style, and examples that either have little or nothing to do with her thesis. The largest problem with this essay that I could find is the ignorance of a few facts that could possibly be construed as being in opposition to her findings. Since I am not familiar with and have not read any of the outside texts to which Foley refers (Aristotles Oedipus Tyrannos, PoeticsRead MoreAn Analysis of Oedipus and Aristotles Definition of the Tragic Hero2569 Words   |  10 Pagesï » ¿An Analysis of Oedipus and Aristotles Definition of the Tragic Hero Introduction In the Poetics, Aristotle provides an outline of how the artist is to portray or represent the perfect Tragedy. A Tragedy, of course, was nothing more than a drama, in which the characters appeared better than in real life (in a comedy, they appeared worse, according to Aristotle). Aristotles Poetics makes several references to other dramatic works to illustrate his points, but he most commonly calls uponRead MoreOdesseus and Gilgamesh Essay1859 Words   |  8 Pagesissue of â€Å"heroism†. Odysseus belonged to mainland Europe and Gilgamesh Epic is Middle Eastern work with Gilgamesh’s tale having been written on twelve tablets of clay. Both these tales are folklore and are considered an Epic which means a saga, Heroic Poem, narrative or Legend. A frenzy of events takes place including achievements and prominent individuals playing their roles in the course of history. An exemplar or a hero is present in both the narratives which are â€Å"Odysseus and Gilgamesh† respectivelyRead More Importance of the Telemachy in Developing Major Themes of Odyssey3687 Words   |  15 Pageslearn of the situation in Ithaca, Odysseus plight, some of the most important themes of the story and of course Odysseus son Telemachus. Homer keeps us in suspense, building the reputation of Odysseus by the stories of Menelaus, Helen, Nestor and all Odysseus friends in Ithaca. Also, by building up the character and heroism of Telemachus, we are impressed by him, and as Athene says your fathers manly vigour has descended upon you. We would expect Odysseus to actually be better than TelemachusRead MoreOverview The Hero’s Adventure was created for the reflective professional struggling with2600 Words   |  11 Pagesare some common trends that we see through Campbell’s idea of a hero’s journey and 21st century multimedia? 3. Have you ever had a hero experience? 4. Do all hero’s have the same journey? 5. Why is it important to discuss 21st century hero’s in comparison to mythology? Project Components 200 points Reader’s Notebook (50 points)- The reader’s notebook will be a original composition notebook that students will use to keep track of information regarding the reading, diagrams, vocabulary, and any other

Tuesday, December 10, 2019

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.

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.

Tuesday, December 3, 2019

Martin Luther King and Malcolm X

Martin Luther King Junior and Malcolm X were key figures who went down in history of the United States due to their unprecedented efforts in fighting for civil rights and elimination of racism in America. Each of them had a different method and view of struggling against the social injustices against the blacks. Martin Luther King was a Christian, while Malcolm X was a Muslim, that is why their views were based on their religious backgrounds, and the way they had been brought up by their parents.Advertising We will write a custom essay sample on Martin Luther King and Malcolm X specifically for you for only $16.05 $11/page Learn More Martin Luther King originated from a bourgeois class family, thus he was an educated person, while Malcolm X had been brought up from a humble background, which made him drop out of school and engage in drugs. Martin Luther King Jr. had a peaceful approach towards fighting against social injustices as he believed that they c ould be eradicated through a dialogue. On the contrary, Malcolm X had a different view, which could be traced back to his upbringing. He acquired a bitter attitude towards the whites who he believed were the source of his problems. While Martin Luther King insisted on nonviolent resistance or integrationist philosophy, Malcolm X had a strong believe in nationalist and separatist doctrines. Their philosophies resulted in forming contrasting views in the people’s minds in terms of sensibility. Martin Luther King’s philosophy of nonviolence appealed to Americans of the 1960’s the most. Martin Luther King’s philosophy of handling the social injustices was aimed at bringing together blacks and whites as a union. This doctrine had six underlying principles, which guided it. One of them stated that nonviolent protestors should not discredit the opponents but instead look for their understanding and friendship. He had a strong believe that the only way to overcom e a devil was by befriending him. Fighting, according to his view, could not solve the problem but would intensify hatred between the two parties. Violence might murder the murderer, but it would not murder the murder itself; it could kill the liar, but it would not eliminate lie, and violence may murder the dishonest person, but not dishonesty (King, â€Å"I Have a Dream Speech†). Violence will never be a way out as it will only intensify the problem. Malcolm X believed in the doctrine of separation as a solution to social injustices. In his speech, he said that by working separately, the sincere white people and sincere black people would actually be working together. He proclaimed, â€Å"Let the sincere whites go and teach nonviolence to white people† (Malcolm X â€Å"The Homecoming Rally of the OAAU†). He further put more emphasis on the doctrine of separation by saying that when money was taken out of the neighborhood in which one lived, the neighborhood in which a person invested his/her money became wealthier and wealthier (Malcolm X â€Å"The Homecoming Rally of the OAAU†).Advertising Looking for essay on african american? Let's see if we can help you! Get your first paper with 15% OFF Learn More Therefore, in order for the blacks to control their economy, money should be spent within the neighborhood. Furthermore, according to Malcolm X, dialogue was not the solution to the injustices because the enemy would not hear what you were saying. He said that, ‘You know you can’t communicate if one man is speaking French and the other is speaking German, his language is brutality’ (Malcolm X â€Å"The Homecoming Rally of the OAAU†). He even advocated for different institutions for the Afro-Americans (Malcolm X â€Å"The Homecoming Rally of the OAAU†). He saw the only way to know the enemy’s language was by studying his history. Philosophy of nonviolence advocated by Martin Luth er King Junior relied on another principle stating that nonviolent resistance was disposition to undertake suffering without revenging. He believed that one day he would see blacks and whites together. â€Å"Let us march on segregated schools until every vestige of segregation and inferior education becomes a thing of the past and Negroes and whites study side by side in the socially healing of the classroom† (King, â€Å"Our God is Marching On†). In his speech â€Å"I Have a Dream† he said that, â€Å"I have a dream that my four children will one day live in a nation where they will not be judged by the color of their skin but by their character’ (King). He also had a strong faith in achievement of freedom without violence. Although Malcolm X did not favor violence, he had a strong objection on the subject of nonviolence philosophy on the blacks. In his â€Å"Interview with Young Socialist Alliance Leaders†, he said that, â€Å"nonviolence is on ly preached to black Americans and I don’t go along with anyone who wants to teach our people nonviolence until someone at the same time is teaching our enemy to be nonviolent† (Malcolm). According to him, this could only work if it was done by both parties. The philosophy of nonviolence by Martin Luther King Junior was the most sensible for this case. His method of addressing social problems was not biased. He looked at both sides equally, and he knew that even if they resorted to violence, the blacks would be outnumbered by the whites. † The Negro would face the same unchanged conditions, the same squalor and deprivation – the only difference being that bitterness would be more intense† (King â€Å"Our God is Marching On†). In comparison to Malcolm’s separatist philosophy, the King’s one would be most effective because it advocated for bringing the warring parties together.Advertising We will write a custom essay sample on Martin Luther King and Malcolm X specifically for you for only $16.05 $11/page Learn More Malcolm X presented his arguments in favor of the Negros (Malcolm X â€Å"Twenty Million Black People in Political, Economic and Mental Prison†). As a result, the gap between them became even wider. Martin Luther King produced an impression that he was peaceful and idealistic while most of his speeches encouraged the spirit of togetherness between blacks and whites. Works Cited King, Martin Luther. â€Å"I Have a Dream Speechâ€Å", the Lincoln Memorial, Washington D.C. 28 Aug. 1963. Web. King, Martin Luther. â€Å"Our God is Marching On.† Montgomery, Alabama. 21 Mar. 1965. Web. Malcolm X. â€Å"Interview with Young Socialist Alliance Leaders.† 18 Jan. 1965. Web. Malcolm X. â€Å"The Homecoming Rally of the OAAU.† New York. 29 Nov. 1964. Keynote Address. Malcolm X. â€Å"Twenty Million Black People in Political, Economic and Mental Prison. † Michigan State University, 23 Jan. 1963. Keynote Speech. This essay on Martin Luther King and Malcolm X was written and submitted by user Gregory Mclean to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.