reality, the distribution of exchange rate changes displays fat tails, even in floating exchange rate systems, and this increases the risk of currency positions. 2. Why might it be hard to quantify currency risk in a target zone system or a pegged exchange rate system? Answer: If the peg or target zone holds for a long time, historical volatility appears to be zero or very limited, but this may not accurately reflect underlying tensions that may ultimately result in a devaluation or revaluation
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other hand, noxious surroundings, neglect of basic needs, bad company and other abuses and temptations would spoil the child and likely to turn him a delinquent. Therefore, expressing his concern for Child care, the noted Nobel Laureate Gabrial Mistral Long ago observed: We are guilty of many errors and many faults, but our worst crime is abandoning the children, neglecting the foundation of life. Many of the things are needed can wait, the child can not, right now is the time his bones are being formed
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I. Introduction In this paper I want to outline a metaethical view that I think represents an addition to the standard alternatives in metaethics. I shall indicate how it connects to historical approaches and to some leading views in the contemporary literature. There are several recent authors working along similar lines, but the view emerged in my own work from an extended treatment of emotion, which supplies a somewhat different moral- psychological basis.2 The view is meant to contrast
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for the right to freedom and to worship God in their own way. In Colonial America, most schools were run by the churches. The first settlers in America felt that it was important that children learned to read so that they could read their Bibles. Prayer has been a part of our culture as long as there have been public schools; this helped the students develop morals and learn right from wrong. School prayer was a natural part of the settler’s school life. There is a casual relationship between taking
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Debate: http://www.debate.org/opinions/should-guns-be-banned-in-america Pro: Why Guns Should Be Banned in the U.S. Kevin Ngo Opinion Editor February 20, 2013 Filed under Opinion If guns make us safer, America should be the safest place on earth. We have more guns per capita than any other place in the world, but we are clearly not the safest country on earth. Guns have brought nothing to Americans except harm and heartbreak. It is unfortunate that a tragedy, such as the shooting at Sandy
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on company newsletters, next to biographies of new female employees (suggesting that the photos were pictures of the new staff members). Copies of the newsletters were circulated around the office. Sexist literature such as “The Smart Man’s Creed or Why Beer Is Better Than Women” (“After you’ve had a beer, the bottle is still worth a dime”) was allegedly also distributed. Kristine Utley, a former Goldman sales associate, has made these allegations in a suit charging that the environment at Goldman
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Global Wine War 2009: New World versus Old “We have the people, expertise, technology and commitment to gain global preeminence for Australian wine by 2025. It will come by anticipating the market, influencing consumer demand, and building on our strategy of sustainable growth.” — Sam Toley, CEO of Australian Wine and Brandy Corporation. “By phasing out the buyback of excess wine and increasing incentives for farmers to uproot their vines, the EC reforms will only bring in the New World’s agro-industry
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Shukla, journalist Bhasha Singh, and filmmaker Rafeeq Ellias. It was guided by Vaishali Patil of the Konkan Vinashkari Prakalp Virodhi Samiti. Some portions of this article are paraphrased from CNDP’s booklet, Courting Nuclear Disaster in Maharashtra: Why the Jaitapur Project Must Be Scrapped, available at www.cndpindia.org Praful Bidwai (prafulbidwai@gmail.com) is a well-known columnist and writer on current affairs. he first thing that strikes the visitor to Jaitapur-Madban in Maharashtra’s Ratnagiri
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outside the context of men. Look to most world leaders to see how powerful patriarchy is. Women are certainly as capable as men to be President of the United States, yet they are not and probably won't be any time soon. Men have been in that role for so long that our country probably does not believe it is possible. Consider who is typically at the head of a company or leaders in local governments. While certainly more women are fulfilling these roles, it is a constant struggle for the ones who are able
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course the Taliban are not the only ones to reject outside scrutiny. Florida's government, after frying several prisoners in a faulty electric chair, has only reluctantly turned to other methods of execution to conform to the U.S. Constitution's prohibition of "cruel and unusual punishment." Yet when America's Western allies tell it that the U.S. system of capital punishment is barbaric, local politicians and courts reply that it is their way and no one else's business. Which is precisely what the
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