Accounting Implication of a Global Financial Crisis
The term ‘Global Financial Crisis’ means economic scarcity where there exists a continuous drawback against strategic economic growth in the world. The backgrounds with regard to the crisis had been reported in business journals for many months before September 2008, with the emphasis about the financial stringency of U.SA and world investment banks, insurance firms and mortgage Securities Companies consequent to the sub prime business crisis. Introducing with some evil critics against the business failures predominated by misapplication of risk controls for bad debts, col-lateralization of debt insurance and fraud, large financial institutions in the United States and other countries in the world had faced a credit crisis and a slowdown in economic activity.
Anti-Semitism in the UKThere was a day, long ago when with other families we were all walking one bank holiday in the countryside. The sun was shining, and the children were happy and running on the narrow rural roads.
Why Norwegians Are So Happy, Healthy, And WiseWhile many consider Norwegians, to be, amongst the happiest people in the world,t they also experience longer, healthier, life expectancies, and an inner wisdom and self confidence, others often seem to envy. Although the weather is often, on the colder and windier side, their air quality is among the best in the world. This nation, which only in the last few decades, was transformed into a relatively wealthy one, because of discovering large amounts of oil, most of the power used, is not from fossil fuels but hydroelectric.
What Is Happenning in Bosnia and Herzegovina?On February 28, President of the European Commission Jean-Claude Juncker visited Bosnia and Herzegovina as part of his tour of the Western Balkans, countries-candidates for membership in the European Union. During his stay in Sarajevo, he said that the possible time for the country’s entry into the EU is 2025. He added that this can happen only if all conditions exist, but did not name them.
An Overview of India’s Highway Modernisation ProjectsAccording to official Census, around two percent of India’s roads, which are national highways, facilitate more than 40 percent of inland trade via metropolitan cities. This strain, coupled with aging infrastructure, obsolete technology, and inadequate facilities, has posed several challenges to the growing economy and its motorists.
Five Confidential Reasons Why the Middle East Crisis Will Spread to AfricaThe Middle East is in disputes for decades. However, now it may well become a part of a far more extensive problem that will influence the entire East Africa region, which may become a playground for power plays between the United Arab Emirates, Turkey, Saudi Arabia and China. “A crisis in the Gulf is playing out in dramatic form in Somalia and the wider Horn of Africa.
Berlin: Lessons We Should Have LearnedHow many times have we heard about the importance of learning from history, yet, we continue to witness, our failure, to do so, in a relevant, sustainable, significant manner? The lessons we should have learned, from looking at the history and events related to Berlin, and Germany, as a whole, should make us more alert, and prepared to do, whatever is necessary, to protect our rights, freedoms, and liberties, which Americans, take for granted. Merely looking at the history and events of the twentieth century, provides many lessons, which, if we were wiser, would change many perceptions, and reduce much…
The Bahamas At 45: 5 Lessons We Should All LearnOn July 10, 1973, the Islands of the Bahamas, became an independent nation, while, also, remaining, as a part of the British Commonwealth. The nation began, with limited finances, etc, and little infrastructure. However, it also, fortunately, began with a focus, vision, goals, priorities, and somewhat, visionary leadership.
The Queen – Why So Popular?The Queen continues to enjoy a high approval rate from the British people. Is this because of her function as monarch, her conduct, or her deeper values?
Review of Madeleine Albright’s Book Fascism: A WarningI have known about Fascism for quite a while. When I opened this book I realized that I did not quite understand what it was, where it came from or its dangers to democratic society. Fortunately, Albright answered all these questions for me including her caution about the implications of Fascism for our future.