...When I think about the G20 Summit, the first things that come to mind are violence, controversy and protesting. Having lived in Toronto at the time, I first handily witnessed the outcome of the G20 Summit in downtown Toronto. Bringing all the economies together, and being able to identify changes needed is important. When it was confirmed it would be held in Toronto, I did quite a bit of research into the details of this meeting. The ability to openly discuss the world debt and financial stability, is a prominent topic to keep our economies strong. I strongly believe that these meetings are critical, however worry with the way things are developing around the world lately, vandalism and protesting is not the worst of the outcome in the future.I...
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...The documentary Preempting Dissent directed by Greg Elmer and Andy Opel showcased many issues in how police and security deal with protests. Some of the main issues include such their inability to handle protests, excessive resistance tactics, quick draw with weapons and the seemingly radical perspective of domestic security. Throughout the documentary there was an abundance of footage reveling police punching, threatening, beating, pepper spraying, shooting rubber bullets at and arresting innocent peaceful protestors. The police and other security forces began treating any big negotiations such as the G20 Summit as national security events. Although the police force is doing what they are instructed to they often infringe on the rights of...
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...Deol Sec. A Sem. 3 DECLARATION I, Sahib Deol, student of BBA 3nd Semester of SCMS (UG) NOIDA, hereby declare that the Project on “ G-20 Major Economies” is for the partial fulfillment of course objectives for the BBA Degree. I assure that this project is the result of my own efforts and all the information and facts furnished in this Project are based on our intensive study. Date: 15/10/2012 Name:Sahib Deol Place: Noida Introduction The Group of Twenty Finance Ministers and Central Bank Governors (also known as the G-20, G20, and Group of Twenty) is a group of finance ministers and central bank governors from 20 major economies: 19 countries plus the European Union, which is represented by the President of the European Council and by the European Central Bank. The G-20 heads of government or heads of state have also periodically conferred at summits since their initial meeting in 2008. Collectively, the G-20 economies account for more than 80 percent of the gross world product (GWP),00 80 percent of world trade (including EU intra-trade), and two-thirds of the world population. They furthermore account for 84.1 percent and 82.2 percent of the world's economic growth by nominal GDP and GDP (PPP) respectively from the years 2010 to 2016, according to the International Monetary Fund (IMF). The G-20 was proposed by former Canadian Prime Minister Paul Martin[5] as a forum for cooperation and consultation on matters pertaining...
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...“Discuss the questions raised by the financial crisis over the objective of general purpose financial reporting, and how the IFRS Foundations Trustees wish to resolve them”. The financial crisis which started during the summer 2007 is, by its magnitude and its scale, the strongest crisis that happened since 1929. Begun as a bank crisis which have destroyed and “all the major US bulge-bracket firms” (Molyneux & Valdez, 2010, page 263), the crisis spread like wildfire and has rapidly engulfed the entire financial world. Even if everybody agree to recognise that accounting was not the root cause of financial crisis, its role to prevent future financial crisis could be significant. Many questions have been raised by financial crisis over the objective of general purpose financial reporting. The first question is related to the purpose of the financial reporting. In fact, the actual crisis has showed that, more than ever, the financial sector needs prudential regulators (Goodhart, et al.,2003, page 10) (Molyneux & Valdez, 2010, page 470) (Spencer, 2000, page 211); because the information given by the financial reporting is an important tool for regulators, standard setters and regulators need then to collaborate. However, their interest could overlap or be in conflict. In these cases, it is important to formulate clearly the main aim of financial reporting. The lacks of global standard as well as the inconsistency of some standards are two other weaknesses of the financial...
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...When something is reproduced for so many times is that art? What’s the importance of the mechanical reproducible of the art? What was the impact on mechanical reproducibility on the society? In my personal opinion art is more than just the final image, it’s the intangible qualities that make it something special, as William Benjamin said “ Even the most perfect reproduction of a work of art is lacking in one element: its presence in time and space, its unique existence at the place where it happens to be”. We are able to look at reproductions and admire the great beauty of the original work of art, however it is not the same as standing in front of the original. You may be able to copy the lines of a painting but you can not reproduce the artist emotions that went into their piece Although a reproduction can not fully compare to an original piece of work there is much value behind this skill, the ability to have a piece of work exposed all over the world. Being able to share art on a global scale not only allows us to experience different cultures but also have work appreciated worldwide. However there is also a darker side to reproducing, it has created a whole underground market place or illegal counterfeiting, where not only is this wrong on a morel level but also can be extremely dangerous not only to the people involved in the market, as much counterfeiting is done by organized crime, but can potentially be dangerous to the customers. With counterfeit goods there is no...
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...Brazil occupies a large area along the eastern coast of South America and includes much of the continent's interior,[141] sharing land borders with Uruguay to the south; Argentina and Paraguay to the southwest; Bolivia and Peru to the west; Colombia to the northwest; and Venezuela, Guyana, Suriname and the French overseas department of French Guiana to the north The Ministry of External Relations is responsible for managing the foreign relations of Brazil. Brazil is a significant political and economic power in Latin America and a key player on the world stage.[1] Brazil's foreign policy reflects its role as a regional power and a potential world power and is designed to help protect the country's national interests, national security, ideological goals, and economic prosperity. Between World War II and 1990, both democratic and military governments sought to expand Brazil's influence in the world by pursuing a state-led industrial policy and an independent foreign policy. Brazilian foreign policy has recently aimed to strengthen ties with other South American countries, engage in multilateral diplomacy through the United Nations and the Organization of American States, and act at times as a countervailing force to U.S. political and economic influence in Latin America. Contents * 1 Overview * 2 Foreign policy * 2.1 Lula da Silva administration * 2.2 Rousseff administration * 3 Regional policy * 4 Diplomatic relations * 5 United Nations politics ...
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...------------------------------------------------- Balance of payments From Wikipedia, the free encyclopedia Balance of payments (BoP) accounts are an accounting record of all monetary transactions between a country and the rest of the world.[1] These transactions include payments for the country's exports and imports of goods, services, financial capital, and financial transfers. The BOP accounts summarize international transactions for a specific period, usually a year, and are prepared in a single currency, typically the domestic currency for the country concerned. Sources of funds for a nation, such as exports or the receipts ofloans and investments, are recorded as positive or surplus items. Uses of funds, such as for imports or to invest in foreign countries, are recorded as negative or deficit items. When all components of the BOP accounts are included they must sum to zero with no overall surplus or deficit. For example, if a country is importing more than it exports, its trade balance will be in deficit, but the shortfall will have to be counterbalanced in other ways – such as by funds earned from its foreign investments, by running down central bank reserves or by receiving loans from other countries. While the overall BOP accounts will always balance when all types of payments are included, imbalances are possible on individual elements of the BOP, such as the current account, the capital account excluding the central bank's reserve account, or the sum of the two...
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...Pakistan Supreme Court annulled New Law Protecting the Prime Minister Supreme Court of Pakistan on 3 August 2012 annulled the new law called Contempt of Court Act 2012(COCA 2012). Pakistan’s Supreme Court 3 August 2012 struck down a law designed to protect the new prime minister from being charged with contempt and thrown out of office like his predecessor. The court ousted the previous prime minister, Yousuf Raza Gilani, from office in June by charging him with contempt of court for failing to reopen corruption proceedings against President Asif Zardari. OIC suspended Syria The Organisation Islamic Cooperation(OIC) suspended Syria on 16th August 2012 saying the muslim world can no longer accept a government that “massacres its people”,further isolating the embattled regime. Senkaku Islands became the Bone of Contention between China and Japan Ten Japanese on 23 August 2012, made an unauthorized landing on Uotsuri, which is known in Japan as the Senkaku Islands and in China as the Diaoyu Islands. The uninhabited islands surrounded by rich fishing grounds are controlled by Japan but also claimed by China and Taiwan.The Senkaku Islands dispute engulfs in itself a territorial dispute on a group of uninhabited islands. Of the ten Japanese people who visited the island, five were apparently conservative local assembly members.The Senkaku Islands are located in the East China Sea between Japan, and the Republic of China. The archipelago contains five uninhabited islands. Somalia...
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...Samsung Electronics Contents Overview Business Units Corporate Vision Performance Indicators Brand Excellence Corporate Citizenship 2 Overview 3 History 1972 Production of B/W TV sets began 1992 Company ranked world’s top DRAM supplier 1969 Company established 1980 Korea TelecommunicationsCorp. acquired 1995 TFT-LCD mass production began 1974 Wafer fabrication started 1988 Samsung Semiconductor & Telecommunications merged with Samsung Electronics Co. 1994 256Mb DRAM developed 1996 CDMA cellular services commercialized 1995 - 2009 SAMSUNG. All rights reserved. | 4 History 2004 S-LCD Corp., LCD joint venture with Sony established World’s 1st to develop and demonstrate Mobile WiMAX 2003 Company became leader in flash memory 2006 World’s 1st Blu-ray Player launched Provides world’s 1st Solid State Drive for PC applications 2009 Reorganized into stand-alone business units 1997 Worldwide Olympic Partner contract signed 1999 World’s 1st to offer full line-up of digital TVs Developed watch phone, MP3 phone and TV phone 2005 World’s 1st Satellite and Terrestrial DMB terminals launched World’s 1st 102”PDP TV, 82”LCD TV, and 71” DLP™ TV developed 2010 ~ 2011 Acquired Samsung Digital Imaging Co. Announced investment in medical devices business 1995 - 2009 SAMSUNG. All rights reserved. | 5 Global Network 68 Countries January 2011 Manufacturing Subsidiaries Sales...
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...on gold; the third, a gold harp on blue; the fourth, three gold fleurs-de-lis on blue. The triangle contains three red maple leaves on a white background. A gold helmet sits on top of the shield, upon which is a crowned lion holding a red maple leaf. On the right is a lion rampant flying the Union Flag. On the left is a unicorn flying a fleurs-de-lis flag. A red ribbon around the shield says "desiderantes meliorem patriam". Below is a blue scroll inscribed "A mari usque ad mare" on a wreath of flowers. Flag Coat of arms Motto: A Mari Usque Ad Mare (Latin) "From Sea to Sea" Anthem: "O Canada" Royal anthem: "God Save the Queen"[1][2] Projection of North America with Canada in green Capital Ottawa 45°24′N 75°40′W Largest city Toronto Official language(s) English and French Recognised regional languages Chipewyan, Cree, Gwich’in, Inuinnaqtun, Inuktitut, Inuvialuktun, Slavey (North and South) and Tłįchǫ[3] Demonym Canadian Government Federal parliamentary democracy and constitutional monarchy[4] - Monarch Elizabeth II - Governor General David Johnston - Prime Minister Stephen Harper - Chief Justice Beverley McLachlin Legislature Parliament - Upper house Senate - Lower house House of Commons Establishment - British North America Acts July 1, 1867 - Statute of Westminster December 11, 1931 - Canada Act April 17, 1982 Area - Total 9,984,670 km2 (2nd) 3,854,085 sq mi - Water (%) 8.92 (891,163 km2/344,080...
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...A COMMONWEALTH OF THE PEOPLE Time for Urgent Reform The Report of the Eminent Persons Group to Commonwealth Heads of Government Perth, October 2011 Published by the Commonwealth Secretariat Designed by Rob Norridge/norridgewalker.com Printed by Hobbs the Printers, Totton, Hampshire Commonwealth Secretariat Marlborough House Pall Mall London SW1Y 5HX United Kingdom info@commonwealth.int www.thecommonwealth.org Acronyms ACP ACTA ARV ASEAN AU CBA CBC CFTC CGF CHOGM CHRI CiO CMAG CMG CMGSS COG CS-DRMS CSFP CSO CYC CYDF CYO CYP EPG EU Gt G20 HIV/AIDS IDEA IEA IMF MDGs MFN SPD TRIPS UNDP WTO African, Caribbean and Pacific Group of States Anti-Counterfeiting Trade Agreement Anti-retroviral drugs Association of South-East Asian Nations African Union Commonwealth Broadcasting Association Commonwealth Business Council Commonwealth Fund for Technical Co-operation Commonwealth Games Federation Commonwealth Heads of Government Meeting Commonwealth Human Rights Initiative Chairperson-in-Office Commonwealth Ministerial Action Group Commonwealth Media Group Commonwealth Ministerial Group on Small States Commonwealth Observer Group Commonwealth Secretariat’s Debt Recording and Management System Commonwealth Scholarship and Fellowship Plan Civil Society Organisations Commonwealth Youth Corps Commonwealth Youth Development Fund Commonwealth Youth Orchestra Commonwealth Youth Programme Eminent Persons Group European Union Gigatonnes The Group of 20 major advanced and developing...
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...A COMMONWEALTH OF THE PEOPLE Time for Urgent Reform The Report of the Eminent Persons Group to Commonwealth Heads of Government Perth, October 2011 Published by the Commonwealth Secretariat Designed by Rob Norridge/norridgewalker.com Printed by Hobbs the Printers, Totton, Hampshire Commonwealth Secretariat Marlborough House Pall Mall London SW1Y 5HX United Kingdom info@commonwealth.int www.thecommonwealth.org Acronyms ACP ACTA ARV ASEAN AU CBA CBC CFTC CGF CHOGM CHRI CiO CMAG CMG CMGSS COG CS-DRMS CSFP CSO CYC CYDF CYO CYP EPG EU Gt G20 HIV/AIDS IDEA IEA IMF MDGs MFN SPD TRIPS UNDP WTO African, Caribbean and Pacific Group of States Anti-Counterfeiting Trade Agreement Anti-retroviral drugs Association of South-East Asian Nations African Union Commonwealth Broadcasting Association Commonwealth Business Council Commonwealth Fund for Technical Co-operation Commonwealth Games Federation Commonwealth Heads of Government Meeting Commonwealth Human Rights Initiative Chairperson-in-Office Commonwealth Ministerial Action Group Commonwealth Media Group Commonwealth Ministerial Group on Small States Commonwealth Observer Group Commonwealth Secretariat’s Debt Recording and Management System Commonwealth Scholarship and Fellowship Plan Civil Society Organisations Commonwealth Youth Corps Commonwealth Youth Development Fund Commonwealth Youth Orchestra Commonwealth Youth Programme Eminent Persons Group European Union Gigatonnes The Group of 20 major advanced and developing...
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...Financial Markets, Insurance and Entrepreneurship in the countries of the Middle East and North Africa (MENA) region Draft not to be cited February 27, 2013 1. Introduction The goal of the paper is to focus on the countries of the Middle East and North Africa (MENA) region and particularly those of the of the South of the Mediterranean, and examine the relationship between insurance – defined as the capability of covering the cost of future harmful events-and entrepreneurship broadly defined as the capability to start independent businesses activities and possibly introduce new combinations of productive factors. The analysis is based on the distinction between uncertainty and risk that Knight unveiled (Knight, 2012) arguing that risk involves situations where a decision maker face unknown outcomes but known ex-ante probability distributions, while uncertainty is characterized by situations in which the probability distribution of a random outcome is unknown. Consequently, while risk can be covered by insurance, uncertainty normally is not. The other pillar of this research is the role of entrepreneurship; a factor that the economic literature has not considered for long time and that in the last 20 years has become the center of any strategy for economic growth in emerging and advanced economies. The discovery of the role of entrepreneurs dates back to Schumpeter (Schumpeter, 1982a) who regards entrepreneurs as the engine of economic growth. Schumpeter (Schumpeter...
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...International Business Exam Chapter 1 Notes Domestic vs International Business * Business: is the manufacturing of goods or services in order to make a profit * Term “trade” is used interchangeably with business * Transactions: exchange of things of value * Domestic Business: business that transacts mainly in the country it was base din * ie owned by Canadians, in Canada, selling to Canadians (Rare) * International Business: economic system of transactions conducted between businesses in different countries * Domestic Transaction: between 2 Canadian companies * International Transaction: between Canadian + non Canadian company * Domestic Market: the customers of a business who are in the same country as the business * Foreign Market: the customers of a business who are in a different country as the business * 5 Ways for businesses to must be international * MUST own retailers or distributors in another country * MUST own manufacturing plant in another country * MUST export to other countries * MUST import from others * MUST invest in other country businesses * Trading Partner: Canada businesses make relationship with businesses in another country, so they would be Canada’s trading partner. History of Canadian Trade * European Trade * 1700s – trades grew fast after permanent Canadian settlement * Demand for raw materials (beaver pelts, fish, lumber) ...
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...EFInA: EVALUATION OF AGENT BANKING MODELS IN DIFFERENT COUNTRIES Oxford Policy Management Ltd October 2011 Evaluation of Agent Banking Models in different countries ii Oxford Policy Management Evaluation of Agent Banking Models in different countries Table of contents Table of contents Abbreviations Executive summary Agent banking regulation and impact Permissible agent activities Volume and value of different types of activities Introduction 1 1.1 Analysis of agent banking regulations Colombia 1.1.1 Background & implementation of regulations 1.1.2 Definition of agent, approval by the regulator & types of entities that can be agents 1.1.3 Rules governing exclusivity/non-exclusivity of agents 1.1.4 Permissible activities 1.1.5 Roles and responsibilities & minimum standards 1.1.6 Typical remuneration structure Brazil 1.2.1 1.2.2 1.2.3 1.2.4 1.2.5 1.2.6 Peru 1.3.1 1.3.2 1.3.3 1.3.4 1.3.5 1.3.6 Kenya 1.4.1 1.4.2 1.4.3 1.4.4 1.4.5 1.4.6 India 1.5.1 i iv vi viii x xi 1 3 3 3 4 4 4 5 6 1.2 6 Background & implementation of regulations 6 Definition of agent, approval by the regulator & types of entities that can be agents 7 Rules governing exclusivity/non-exclusivity of agents 7 Permissible activities 8 Roles and responsibilities & minimum standards 8 Typical remuneration structure 9 9 Background & implementation of regulations 9 Definition of agent, approval by the regulator & types of entities that can be agents10 Rules governing exclusivity/non-exclusivity of agents 10 Permissible...
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