Saturday, August 31, 2019

Comparative Essay – Othello/Macbeth Tragic Heroes

Unit 1: ‘Many critics have argued that Othello is not a true Shakespearean tragic hero. Explore the idea that Shakespeare intended to make Othello fit the criteria of his tragic hero with comparison to Macbeth. ’ By Marina Georgallides A tragic hero, determined by Aristotle, must show a nobility and virtue of a certain magnitude however, their path to happiness should be ceased by their destructive vice (Harmartia- the flaw that eventually leads to their downfall).Peripeteia, the point where the character’s fortune changes, must evoke a state of pity and fear amongst the audience, and give above all, a didactic message. The outcome of this characteristic should result in a complex but sole instigation of both the hero’s Catharsis (a cleansing of emotion which is described by Aristotle as an effect of tragic drama on its audience) and Anagnoris when they reach their moment of realisation. It can be argued that Shakespeare fully abided by these rules in order to make a distinction between his characters’ prosperity and misfortune.Fintan O’Toole (post modernist critic) argues that Othello â€Å"is not tragic, merely pathetic†. However, Othello will be identified as a far greater tragic hero than Macbeth, illustrating how Shakespeare fully intended on creating a tragically heroic character such as Othello. As the play progresses, Othello’s monumental Harmartia is gradually revealed; his sense of inherent jealousy is implemented by Iago, the Machiavellian villain, and his gullibility makes him susceptible to it.Once he becomes convinced that his wife Desdemona is unfaithful, his jealousy does indeed feed itself just as Iago ironically warns, â€Å"the green eyed monster, which doth mock the meat it feeds on† (Iago- Act 3 Scene 1), leading to the hero’s monstrous behaviour. The apparent alliteration, â€Å"death and damnation† (Act 3 Scene 3) and â€Å"waked wrath† (Act 3 Scene 3), rev eals the great influence that Iago has upon Othello as his linguistic eloquence and his mental state rapidly collapse, resulting in both his use of evil imagery in language and in action, the murder of Desdemona.The hubris, argued by Helen Gardner (in 20th century) â€Å"is heroic because Othello acts from inner necessity†, appearing to show Othello’s desire to remake the world into a better place, an act that is heroic â€Å"in its absoluteness†. This admission of ethical duty perhaps may have encouraged a contemporary audience to pity Othello as his act, although terrible in itself, is nevertheless wonderful in its own manner of righteousness. Othello therefore appears to be more honourable since his wrong doing was out of love and not of hatred, something for which Gardener seems to forgive Othello.A contemporary audience would argue that gender also plays an important role in Othello as men were regarded as stronger and wiser, making it more forgivable of Ot hello. However, a 21st century audience would view women as equally as important as men, showing that Desdemona’s murder was underserved and unforgivable of Othello. Dr Johnson (1765) declared that Othello was a â€Å"very useful moral†, as the protagonist shows how one can be stifled by naivetà ©; the repetition of â€Å"honest Iago†, the external forces of evil, combine to cause Othello’s tragic manifestation and thus, his downfall.Macbeth’s Hamartia is his lust for power that eventually and unsurprisingly leads into his downfall. Arthur Kirsch (1984) highlights Macbeth’s â€Å"emptiness of his desires and the insatiability of his aspirations†. Macbeth becomes infatuated with the witches’ prophecy as he soon discovers how real it is, allowing him to be somewhat fixated on the idea of murdering the King and soon after, Banquo. â€Å"Macbeth does murder sleep†- the use of third person indicates the exponential deteriora tion of his mental state after killing an innocent King, as a result of his unquenchable thirst for power; essentially in itself more than one of the seven vices.Both Iago and Macbeth in this case, are the embodiment of the vices, both jealousy and greed, as opposed to Othello, who is only influenced by the vice itself. J. A Bryant (1961) argues that, â€Å"Macbeth is a wholly negative character who possesses the capacity for good but chooses to commit evil instead†, illustrating that his ulterior motive wasn’t for the good or righteous, as opposed to Othello, but for the selfish rise to power, evidently making him less of a tragic hero; he merely chooses evil because it works to his own advantage rather than making the world into a ‘better’ place.Both a Shakespearean and a modern audience would believe that Macbeth, like the Devil, has willed himself into a desperate position whereby he is captive of nothing except the providence he chose to ignore. In fa ct, a further aspect of his Hamartia is arguably his supposed lack of masculinity that he is constantly belittled and ridiculed for by Lady Macbeth. The use of a rhetorical question in â€Å"Are you a man? † indicates her ability to manipulate him into believing that he is not ‘strong’ enough to murder.This too, plays an important but yet, not as dominant, role in Macbeth’s downfall. The second element combined to create a tragic hero is Peripeteia where the downfall from a virtuous status to a catastrophic one is evident. Regardless of however many times Othello is referred to as the â€Å"Moor† by Iago, a derogatory term used to highlight his race, a Shakespearean audience will still be amazed by his aristocratic virtue as he possesses the verbal eloquence to assert to the signiors in the rule of three adjectives as â€Å"potent, grave and reverend†.In Act 3 Scene 3 however, Othello makes more references to the â€Å"devil†; a reflec tion of Iago’s evil nature being imparted upon him, as â€Å"goats and monkeys† are images that connote the devil. His eloquence of poetry in Act 1 is in stark contrast to his rather barbaric and politically incorrect behaviour in Act 3, particularly to a 21st century audience as his act of â€Å"striking her† (Desdemona) across the face is an incredulous act that is totally unacceptable to feminists now but may have been deemed as common or even deserved to a contemporary audience of the 16th century.His affection dramatically changes towards Desdemona and it can be argued that Othello â€Å"allows manipulation and jealousy to lead to his self-destruction†- Tasha Kelley (2010) Othello simply cannot help the jealousy that he feels within him, no matter how much of an influence Iago is upon him. At this point, Othello is entirely convinced and absolute in the killing of his wife; the use of hyperbolic language in â€Å"I’ll tear her all to piecesâ €  emphasises his sheer mercilessness since â€Å"all† of Desdemona will be killed.Unlike Othello, Macbeth changes rather early on in the play, and the only real evidence that the audience sees of his nobility is what others say about him. In Act 1 Scene 2 Duncan expresses, â€Å"O valiant cousin, worthy gentleman†; the use of positive adjectives to describe Macbeth would give both a Shakespearean and modern audience a good impression of Macbeth even before he is revealed in the play.On the other hand, current and contemporary audiences would also notice that the other characters in Macbeth are the ones who prove Macbeth’s honorary class, and not he for himself. After one consecutive scene, Macbeth’s Peripeteia is extremely abrupt that it can be portrayed as almost non-existent. â€Å"If Chance will have me King, Why Chance may crown me, Without my stir†- immediately one gains the impression of his violent underlying tone that is implied by the use of the word â€Å"stir†, revealing to a contemporary audience that his destructive intentions are intrinsic.According to Aristotle, there must be a clear distinction between the character’s prosperity and misfortune; Macbeth, as a tragic hero, does not condition himself to these rules religiously enough and it therefore, can be argued that his downfall is far too early on in the play for an audience to fully grasp his nobility. Whereas, Othello’s greatness is explored thoroughly for two whole Acts, allowing an audience of any time period, to understand that his noble qualities are innate.A contemporary audience, for example, would understand the reason for Othello’s downfall much better than they would with that of Macbeth’s as the play enables him to develop as a character and thus, show his true intentions, which are in this case, to love and protect Desdemona. Alas, an alternative interpretation of Macbeth of a Shakespearean audience would b e that he is an incessantly complacent man who, by all means, allows arrogance to corrupt his mind even in the first scene of the play.The most famous of quotes where Macbeth visualises a dagger, represents his wavering resolve and lust for power that slowly descends into his madness. â€Å"Is this a dagger, which I see before me†¦Ã¢â‚¬ Act 1 Scene 7, the use of a rhetorical question illustrates Macbeth’s hallucination of seeing an object that is clearly not there, which in comparison is a major downfall for someone who was deemed to be â€Å"valiant† at the start of the play.Susan Snyder (1994) states that â€Å"the play provides no answers to the questions it raises about the relative culpability of the witches’ equivocal predictions and Macbeth’s potential to commit murder†. Evidently, there is no real justification or distinction in Macbeth’s downfall other than his sick ambitious need for power. The third criterion that qualifies a tragic hero is Anagnorisis, where the protagonist acknowledges his/her own flaw that has led them to their downfall.After all the accusations and trauma that Desdemona has been through, her last and most angelic words being, â€Å"Commend me to my kind lord- O, farewell! † This suggests that she is a saint for forgiving all that Othello has done to her and shows just how much she loved Othello; a contemporary audience would ultimately feel pity for her as she is not the one to blame. However, a different view of Desdemona and what she represents has emerged over recent years amongst modern audiences; feminist and new historic critics have  examined her character in relation to the society she moves in.Marilyn French (1982), explores the masculine and misogynistic value system within Othello, and despite Desdemona’s assertiveness in choosing her own husband, French emphasises that Desdemona â€Å"must be obedient to males† and is â€Å"self-denying in the e xtreme† thus when she dies she is a stereotype of female passivity. Once killing Desdemona, Othello begins to express his sincere remorse for his wrongdoing through the repetition of alliteration.The use of alliteration in â€Å"Cursed, cursed† and â€Å"cold, cold†, Act 5 Scene 2, reveals how ashamed he is with himself for committing such a crime as he is emphasising it through the repetition of consonance sound â€Å"c†, and above all, goes closer to prove his tragic hero status. Through his two speeches, Othello is able to elaborate on the fact that he is wrapped with guilt; the rhyming couplet of: â€Å"I kissed thee ere I killed thee: no way by this, Killing myself, to die upon a kiss. † epitomises his Anagnoris as he realises his sheer love for Desdemona with what remains within him, a flare of eloquence.In stark contrast, there is no real evidence of Macbeth’s Anagnoris, and in fact, he behaves rather arrogantly about the witchesâ€⠄¢ predictions because he believes that no real harm will happen to him. In Act 5 Scene 3, Macbeth expresses a very short speech in which no lamenting or mourning is apparent; â€Å"I have lived long enough; my way of life Is fall’n into the sear† is but a mere acknowledgement of his circumstances rather than realisation of his tragic flaw. A Shakespearean audience would notice that perhaps Macbeth has not fully repented for his mistake and is therefore, in terms of Aristotle, not a true, classified tragic hero.Macbeth is determined to continue fighting for his life whereas traditionally a tragic hero, such as Othello, should ultimately understand their downfall in exchange for their life. In Act 5 Scene 5, Macbeth does in fact have the verbal eloquence to express himself even in a state of supposed despair. The use of personification in â€Å"Life’s but a walking shadow† reinforces the state of his ignorance to register his own wrong doing and therefore, both a modern and contemporary audience can advocate that they do not feel the same sympathy as they do for Othello.Finally, the last criterion of a tragic hero is Catharsis; the point at which the tragic hero cleanses his heart and the audience’s too. Othello, despite all that he has been through, returns to the articulate and passionate man, and for that, an audience can feel as though the previous trauma of Desdemona’s death combined with his own wicked imagery is obliterated and washed from them. â€Å"And very sea-mark of my utmost sail† is an example of how Othello is able to speak in iambic pentameter even in such a horrific mental state, reinforcing an audience’s perception of how truly noble and titled he is.Most honourably, he is not afraid of killing himself in the name of love; he simply â€Å"kisses Desdemona, and dies†, making him appear as more of a tragic hero than Macbeth, who fights to live on. He leaves the audience feeling bere aved and pitiful because, despite his jealousy, he ‘loved Desdemona too well’, a crime that was surely too harshly punished. Although, Macbeth’s death is rather less tragic and more heroic in the sense that he refused to kill himself by â€Å"falling on my sword†; an audience would regard him as more honourable towards himself.Before Malcolm kills him, he partly recognises his wrong doing in the little speech that he gives; â€Å"Of all men else I have avoided thee: But get thee back, my soul is too much charg’d With blood of thine already†. Irrespective of the fact that Macbeth didn’t kill himself as he should have done, the imagery of â€Å"blood† reveals the extent of which Macbeth fights like a true soldier till the end. Unfortunately, as a modern audience, we cannot feel the same sympathy as we do for Othello as he neither recognises his flaw nor kills himself because of it; an imperative required for a true tragic hero.Mac beth is a rapid play that does not allow the main protagonist to develop as a character and for that reasoning; Macbeth lacks many of the imperative qualities needed within a tragic hero such as Peripeteia and Anagnorisis. Without a single doubt, Othello is one of Shakespeare’s greatest tragic heroes as fought for by Helen Gardner and Dr Johnson, regardless of Fintan O’Toole’s perception of Othello being â€Å"merely pathetic†. We can advocate otherwise that in fact Othello fulfils all four criterias of Aristotle’s definition of a tragic hero.

Friday, August 30, 2019

Corporate Finance AIG Accounting Scandal Essay

On February 9th, 2006, the SEC and the Justice Department settled with AIG for an amount in excess of $1. 6B related to alleged improper accounting, bid rigging (defined by Investopedia as a scheme in which businesses collude so that a competing business can secure a contract for goods or services at a pre-determined price), and practices involving workers compensation funds. Both the CEO and CFO of AIG were replaced amidst the scandal. This closure ended a 5-year period, beginning in 2001, which tarnished the 80-year old institution’s reputation that had become the world’s largest reinsurers, and included Buffet’s Berkshire Hathaway as an owner. Several of fraud’s culprits were convicted of Conspiracy, Securities Fraud, False Statements to the SEC, and Mail Fraud. Each offender was handed various degrees of penalties, including jail sentences. AIG’s CEO Hank Greenberg was left unindicted and â€Å"pleading the 5th. What led these executives down a path that would forever change their careers and left many convinced that corporations are willing to go to any extent to satisfy their greed for profits? This paper will examine the intricacies of AIG’s accounting fraud, and discuss the hypothesis that accounting fraud and other unethical decisions focused on short-term profits are positively correlated to long-term value destruction. â€Å"The corporate scandals are getting bigger and bigger. In a speech on Wall Street, President Bush spoke out on corporate responsibility, and he warned executives not to cook the books. Afterwards, Martha Stewart said the correct term was to saute the books. † —Conan O’Brien While there are many techniques to distort the financial condition of a publicly traded company, the most frequent types of improprieties involve revenue recognition, cost or expense recognition, accounting for reserves, and accounting related to business combinations. Below are the laws that Elliot Spitzer’s prosecution based their AIG case on:  §?  §?  §?  §?  §? Using or employing manipulative devices, in connection the purchase or sale of securities Making untrue statement of a material fact or to omit to state that a material fact Engaging in any practice or business which operates or would operate as fraud or deceit Falsification of accounting records and conformity with GAAP Conspiracy of two or more persons to commit offense or to defraud United States What does this mean in layman’s terms? Essentially, AIG improperly accounted for the reinsurance transaction to bolster reserves, and detailed numerous other examples of problematic accounting. PricewaterhouseCoopers LLP, 2009) For example, AIG booked as income $500 million in premium for the loss portfolio transfer and then added $500 million in reserves against future claims to its balance sheet. † AIG counted the transaction as an insurance deal, but later concluded that, â€Å"the Gen Re transaction documentation was improper and, in light of the lack of evidence of risk transfer, the transaction should not have been recorded as insurance. † (Hulburt, Ph. D. , H. , 2005) What turns the deal from mistake to blatant fraud was that no underwriting risk transferred in the deal. Instead, the loss portfolio transfer was effectively a $500 million loan from Gen Re to AIG that AIG would repay through $500 million in claims payments to Gen Re. (Hulburt, Ph. D. , H. , 2005) In the end, AIG’s revised financial statements lowered 2004 net income by $1. 3 billion, or 12%, and reduced 2004 shareholders’ equity by $2. 3 billion, or 3%. Details of the adjustments required 22 pages in the AIG 2004 10K, which was included into the Annual Report to Shareholders. The restatement reduced net income by more than 10% over the 5-year period. (Verschoor, C. , 2005) Ethics is recognition of the difference between what you have a right to do and what is right to do. – Potter Stewart AIG’s culture and lack of ethical controls exemplify how the greed of few can impact the value of many. Some have attempted to use this case as an example to SOX’s failure to overhaul corporate accounting practices. However, in AIG’s first report mandated by the Sarbanes Oxley Act of 2002, a number of material weaknesses in control were disclosed, emphasizing that the first and most extensive weakness was in the ethical culture of AIG or its control environment. The report states verbatim â€Å"Certain of AIG’s controls within its control environment were not effective to prevent certain members of senior management, including the former Chief Executive Officer and former Chief Financial Officer, from having the ability, which in certain instances was utilized, to override certain controls and effect certain transactions and accounting entries. In certain of these instances, such transactions and accounting entries appear to have been largely motivated to achieve desired accounting results and were not properly accounted for in accordance with GAAP. (McGee, S. , 2005) Specific overrides noted resulted in (1) creation of a special purpose entity to improperly convert underwriting losses to investment losses, (2) improper recording of reinsurance transactions, (3) improper â€Å"top level† adjustments and covered call transactions, and (4) unsupported â€Å"top level† adjustment of loss reserves. (Knowledge@Wharton, 2005) â€Å"Leadership is the capacity and will to rally men and women to a common purpose and the character which inspires confidence. † – Bernard Montgomery Tom Lin’s article titled â€Å"The corporate governance of iconic executives. explored corporate governance challenges posed by iconic executives such as Hank Greenberg. To better understand the state of AIG, it is beneficial to discuss the iconic executive that led them to water. Hank Greenberg grew up on a New York dairy farm, joined the U. S. Army during World War II, became an Army Ranger, and stormed the beach at Normandy. He attended the University of Miami and New York Law School, where he earned his LLB. As a captain, he received a Bronze Star in the Korean War; Greenberg then entered the insurance business in 1952. He became the youngest person to be appointed vice president at the Continental Casualty Company. As president of AIG’s major subsidiary American Home Assurance Company, Greenberg was credited with developing substantial reinsurance facilities, which allowed insurers who were forced to take unwanted assignments, or â€Å"bad risks,† the opportunity to reinsure those risks. Greenberg’s strategy enabled American Home to write large quantities of major-risks policies and thus control the pricing of those policies. He established a bottom-line philosophy on underwriting only those companies that made profits. Greenberg’s business was successful, aggressive and profitable. Greenberg would acquire companies that were troubled or fighting off takeovers, buying controlling interests in the companies, and ultimately integrating them into the AIG corporate structure. When AIG’s founder and CEO Cornelius van der Starr died, Green was named to head the company. Two years later AIG went public with Greenberg as the CEO where he would reign with an iron fist, terrorizing underlings, intimidating a compliant board and delivering stunningly impressive earnings for the next 40 years. As Tom Lin described, Iconic executives are complex, bittersweet figures in corporate governance narratives. They are alluring, larger-than-life corporate figures who often govern freely. Iconic executives frequently rule like monarchs over their firms, offering lofty promises to shareholders, directors, and managers under their reign. But like many stories of powerful and influential figures, the narratives of iconic executives also contain adversity and danger resulting from excessive deference, overconfidence, and licentiousness. Lin, T. , 2011) â€Å"Money is like a sixth sense- and you can’t make use of the other five without it† – William Maugham Contemporary economic thought presumes that individuals in a society always act according to their self-interest or private economic incentives, while important ethical motivations for action, such as a concern for others and public interest, are largely ignored. (Kulshreshtha, P. , 2005) As is often the case in ac counting cases, the CFO tends to be a central enabler to the fraudulent activities. There are two primary schools of thought when attempting to understand the incentive for CFO’s to become involved in these ethical dilemmas. The first school of thought states that CFOs may instigate accounting manipulations for immediate personal financial gain. There also has been research indicating that CFO equity incentives are more important than CEO equity incentives in explaining earnings management, measured by accruals and frequency of meeting earnings benchmarks (Feing, M. , 2011). Corporate boards have reduced CFOs’ incentive compensation after passage of the Sarbanes-Oxley Act in an effort to undermine this conduct. Bhagat, Sanjai; Romano, Roberta, 2009) Looking at AIG’s share price over the reporting time frame of these actions, the fraudulent accounting did not seem to have significant impact on its market valuation. Analyzing the share price over the months that AIG reported their annual statement in 2002, 2003, and 2004, AIG’s market share price moved approximately -4%, -3% and . 5% respectively. Although a hypothesis could be made that the fraud occurred as a defense against stock devaluation rather than an enabler of increased valuation. The second thought states that CFOs may become involved in accounting manipulations because of pressure from CEOs. As CFOs’ superiors, CEOs can exert pressure on financial reporting decisions through their influence on CFO’s future opportunities and compensation (Feing, M. , 2011). This aligns to what we understand of Hank Greenberg’s style of management. When the judge handed out sentencing to Elizabeth Monrad, the CFO of Gen Re, he made the following statements.  §?  §?  §? The fact that she did not benefit personally from the scheme, does not excuse her conduct. Her involvement in the fraudulent scheme was â€Å"central to its success. † There were many opportunities for her to shake this shady deal, but she never did†¦ Although these two schools of thought help one to better understand the drivers behind the accounting fraud in AIG and other cases academically, they are not mutually independent. In practice, pressure grows like a virus when it attaches to personal gain. Without personal gain, there is hardly a sustainable environment for pressure, which indicates some level of correlation to realizing a self-centered objective. Some of the best lessons are learned from past mistakes. The error of the past is the wisdom of the future. – Dale Turner One may never be able to understand the full extent of the motivations at AIG that resulted in over $1. 6B in penalties, $2. 3B in reduction of shareholder equity, and the destruction of lives and careers. There appeared to be a significant amount of both pressure and personal gain involved. In the end, the AIG case became another brick in the wall for opponents of capitalism pointing to the greed of executives and their boards. With the benefit of writing this in 2012, we know this was merely a minor speed bump in comparison to what would come for AIG in the future global financial crisis of 2008. We now live in a world where greed, profit, share price, and financial institutions are synonymous to each other. However tarnished the reputation of corporations are, there are glimmers of hope in the details. The numbers and results of these actions begin to illustrate a telling story that greed, fraud, and deception are destroyers of value rather than enablers. Cases such as AIG can be reference points to dissuade future decisions of unethical nature. In AIG’s case, their share price fell more than 30% from the period of 1/2/2001 to 5/22/2006 further strengthening our initial hypothesis. The announcement also caused Standard & Poor’s (MHP) to downgrade AIG’s debt rating from AAA to AA+, leading to higher funding costs and decreased long-term value. We may not be able to prove that all of the AIG’s value destruction is directly related to the case beyond a reasonable doubt, it can be arguably assumed that a significant portion is directly related. Even if that destruction is associated to confidence over financial health. (McGee, S. , 2005) In the time since this case, AIG has made considerable steps to prevent future occurrences of financial misrepresentation. The AIG management report on internal control related remediation efforts emphasizing the need for higher integrity and a culture of ethical values throughout the organization. The report notes: â€Å"AIG has taken, and is developing further plans to take, significant actions to improve its control environment, starting with a clear statement of the tone and philosophy set by its current senior management. The Corporate Governance Committee Report in the 2005 AIG Proxy Statement gives further details: â€Å"AIG enhanced its Code of Conduct for employees, mandated that all employees complete formal ethics training, and implemented a Director, Executive Officer, and Senior Financial Officer Code of Business Conduct and Ethics to provide reasonable assurance that all members of the Board of Directors, executive officers, and senior financial officers adhere to the stated principles and procedures set forth in that Code.  At the Committee’s recommendation, AIG is developing a corporate level compliance framework, including implementation of compliance programs at AIG’s major business areas. â€Å"

Thursday, August 29, 2019

Capital Gains Tax Liability Case Study Example | Topics and Well Written Essays - 1500 words

Capital Gains Tax Liability - Case Study Example This is not only valuable because you singularly own the property, but also because that gives you added equity and financial credibility in addition to other benefits, such as the fact that being a homeowner brings with it many perks. The capital gains that will be have to paid on the apartment is $150,000 since that is the money that was made off the sale. This number is computed by subtracting the original list price ($650,000) from the sale price ($800,000). Additionally, capital gains tax must be paid on the house. The main residence exemption may apply, but you as the client would have to ask a capital gains lawyer if this would apply to you. You were supposed to have given two years' notice within having a combination of residencies.1 Since Angelina owned 10,000 shares in Rio Tinto, and they are now valued at $40 and not the original selling price of $29, she will have to pay capital gains taxes for stock value. Her capital gains tax will be a certain percentage of $11,000 that she made after the BHP takeover of Rio Tinto. Rollover consequences may be that Angelina will have to pay some sort of fine for rolling over her assets. For Angelina's partnership with Lena, she will have to pay a certain percentage of capital gains taxes of $75,000. ... [However, w]hile the roll over allows you to defer a capital gain to a later income year, other CGT small business concessions may exempt or reduce your capital gain" which are the consequences.2 The law states, "If your business has owned an asset for 15years and you are aged 55years or over and are retiring, or if you are permanently incapacitated, you won't have an assessable capital gain when you sell the asset."3 Therefore, since Angelina is only 52 she cannot get this break. However, the law also states, "A capital gain from the sale of a business asset will be exempt up to a lifetime limit of $500,000. If you are under 55years of age, the exempt amount must be paid into a complying superannuation fund or a retirement savings account to obtain the exemption."4 This would apply to Angelina, so she could put any capital gains tax into the specified type of retirement account. Angelina most likely is able to receive the 50% small business reduction. This means that she can multiply half of her profit, and subtract it from the capital gain and only have to pay that amount. Angelina and Sean would have to meet certain requirements in order to get a small business exemption. Some further research would have to be done in order to see if they met those requirements. According to Active Asset Reduction law, "There are other CGT small business concessions, in addition to this concession, that may apply to reduce your capital gain. You can apply as many concessions as you are entitled to until the capital gain is reduced to nil. There are rules about the order you apply the CGTconcessions...."5 With regard to Angelina and Lena's business, most likely the trading stock could be rolled over since it is such

Wednesday, August 28, 2019

Human Communication 1 Essay Example | Topics and Well Written Essays - 1500 words

Human Communication 1 - Essay Example I will ask the panel of Japanese managers if our team has delivered objectives clearly and appropriately. If their response is well-received then the communication will be a success. Nonverbal communication involves those nonverbal stimuli in a communication setting that are generated by both the sender and his or her use of the environment and that have potential message value for the receiver   (Samovar et al, 2009).  Ã‚   In oral communication, these symbolic messages are transferred by means of intonation, tone of voice, vocally produced noises, body posture, body gestures, facial expressions or pauses (Besson et. al., 2005).   We do not always communicate the same way from day to day, since factors like context, individual personality, and mood interact with the variety of cultural influences we have internalized that influence our choices (Le Baron, 2008). Human beings use non-verbal means to persuade or to control others, to clarify or embellish things, to stress, complement, regulate and repeat verbal expressions. They can also be used to substitute verbal expression, as this is the case with several body gestures  (Besson et. al., 2005). Generations and generations of ancient tribes made do with non-verbal means of communication --animal-like guttural sounds, gestures, drawings -- to fulfill their requirements before they latched on to a language (Khan, 2001).   In Japan, when business cards are given, one should take time to look at it and treat it with respect. Unlike in the West where you can stuff it readily in your pocket, you need to first read what is written on the card and if a higher ranking person gave you the business card, you should hold it at a lower level. It is important that Western managers learn to know the importance of silence during business meeting. Unlike Westerners, Japanese people do not speak their minds at any point in time. Instead, they pause for few moments to rethink

Tuesday, August 27, 2019

Protection and Security of a Company Essay Example | Topics and Well Written Essays - 1500 words

Protection and Security of a Company - Essay Example Securitization of information helps the organization to achieve its goals in an effective and efficient manner. If an organization fails to securitize information then it would face difficulties in both the short and the long run. Organizational efficiency suffers in scenarios where data is lost, destructed or fabricated. Hackers and malicious codes might affect the overall performance of the data and this affect the organization. Viruses are not only a threat for data security but in order to protect and secure an organization's data a solution or an effective data recovery and backup plan must be maintained by an organization. Security analysts are hired to maintain security in an organization both internally and externally. Security control procedures are essential to every organization and every organization usually devises a strategy on how to monitor and control its security issues. The element of data security involves a request message at a network node and on the intermediate level (Lehtinen & Gangemi, 2006). Then this request message is linked with the total number of data packets that are emitted from a communicating device. Organizations must develop a comprehensive set of instructions and procedures in order to assess the effectiveness of security controls that are implemented in the computer systems. ... In order to securitize the data all the security procedures must be implemented effectively and they should fulfill all the security requirements. Security control procedures must continuously check the changes that are taking place in the information systems and should frame the security procedures accordingly. Proper planning and strategy must be developed when preparing the procedures of security within an organization. Disruption can cause serious threats to security and it might result in data loses and malfunctioning of information. Lack of retrieving valuable information or data errors can create havoc for any organization and it might result in losses to the company in the long term. Security control procedures must be designed in such a way that they must provide a proper backup to the data (Carr & Snyder, 2006). A firewall must be installed for eliminating external threats like hacking, viruses etc. Disruptions are the most dangerous threat to data security because data can be damaged and fabrications in the data can be lethal to an organization. In the scenario of destruction a proper back up plan on storage devices is the ultimate remedy of this problem. Moreover, data backup should be placed online and to secure places. Security control procedures of nearly all the organizations revolve around the idea of maintaining backups for data prior to destruction. However, conventional organization s rely heavily on data backups through physical devices but this won't stop data from destructing in the long run because a disaster like flood or an earth quake can ruin all the devices and storage capacity of the data (Bishop, 2002). Therefore, organizations must maintain

Monday, August 26, 2019

Strategies for Prevention of Childhood obesity Essay

Strategies for Prevention of Childhood obesity - Essay Example Even though the major participants involved in the research were children with various cases and issues of obesity, the evaluation is going to be conducted using parents of children as the major respondents to the evaluation tool to be designed. The idea behind this is that the parents are in a better position to produce written answers to questions than the children. Moreover, most of the interventions that were designed were to be applied by the parents rather than the children since the children are constantly under the care of their parents (Harper, 2006). To this end, the parents are seen to be in a better position to feeding the researcher with critical data and information that borders on the health of their children. This notwithstanding, the children will not be excluded all together. This is because the researcher would need their involvement when it comes to quantitative data collection such as the measurement of their body mass index.Evaluation Data Collection Process The evaluation data collection is going to take place in two phases. First will be the collection of quantitative data including the measurement of the height, the weight and age of participants, who in this case will be the children. This will be followed by the distribution of questionnaire to the parents of the children. The question shall contain questions divided along three major lines as indicated in the methods in the table above will have to be submitted to the researcher.... To this end, the parents are seen to be in a better position to feeding the researcher with critical data and information that borders on the health of their children. This notwithstanding, the children will not be excluded all together. This is because the researcher would need their involvement when it comes to quantitative data collection such as the measurement of their body mass index. Evaluation Data Collection Process The evaluation data collection is going to take place in two phases. First will be the collection of quantitative data including the measurement of the height, weight and age of participants, who in this case will be the children. This will be followed by the distribution of questionnaire to the parents of the children. The question shall contain questions divided along three major lines as indicated in the methods in the table above. Ahead of the distribution of the questionnaire to the respondents, the researcher shall have a mini-conference with the respondent s to clearly define their role in the evaluation exercise, as well as address any issues that are unclear to them. With the consent of all respondents, a date shall be set when the completed questionnaire will have to be submitted to the researcher. Evaluation Data Analysis Plan On the first method which has to do with the adherence to specified eating pattern, questions will be asked based on the intervention, which defined a definitive dietary matrix or guide for the children. Parents will be asked to give a qualitative evaluation of how best they have stake to the plan by answering questions in a 4 likert scale namely â€Å"very often, often, not often,

Sunday, August 25, 2019

Legal Process Paper Essay Example | Topics and Well Written Essays - 750 words

Legal Process Paper - Essay Example In filing a charge, John must provide his name, address and telephone number as well as similar details about his employer. He must also include information about the number of employees at the organization, if he is aware of this. A brief description of the event that occurred on the basis of which he wishes to file his compliant, must be included and John must also describe when it happened and why and how he believes it violates his rights. However, John must take care to file his complaint within a period of 180 days after the discriminating incident occurred, and if this time period runs out, then his rights may no longer be protected. If the nature of John’s charge is such that it also falls within the purview of anti-discrimination, whether local or state based, then an extension would be allowed on the time period of filing to 300 days. Such state based organizations are referred to as Fair Employment Practices Agencies (FEPAs), and the work on a charge that is filed m ay be shared between the EEOC and the FEPAs, so that John’s interests would be protected under both federal and State laws. If John is filing a suit for discrimination on pay issues, then this would fall under the purview of the Equal pay Act, in which case there would be no time limits for filing and John would also be entitled to directly file his suit in a court of law. However, in cases of discrimination on other grounds, John must first allow his case to be processed by the EEOC, which will determine whether a violation has occurred. In the event there is a violation, efforts will be made by the EEOC to suggest measures for conciliation with the employer. If the resolution proposed by the EEOC is not satisfactory to John or if the EEOC is unsuccessful in getting an employer to comply and compensate John, then he will be notified of his right to file the suit in a court

Saturday, August 24, 2019

Areer progress Essay Example | Topics and Well Written Essays - 1250 words

Areer progress - Essay Example Third, equipped with sophisticated management skills, I will move ahead to manage the operation of a company at a higher decision-making level in a way that I can get experiences on how to run a company by myself. Fourth, over the long run, I will set up my own company in order to become a successful entrepreneur on my own right. I remind myself of these goals every morning on my way to work. Due to the fact that my ultimate goal is to become one of China's best businessmen ever, I am glad to say that I have been taking very solid steps towards that goal. As a graduate from a military university, I have received sound management skills. Upon obtaining my Bachelor's Degree, a number of choices were presented to me. I knew that management is an applied science, and one can hardly be a successful entrepreneur without ever managing anything. After my graduation in 2004 as a Medical Doctor, I chose to work at SINA Corporation as the first step of my career for accomplishing my goals. SINA Corporation is the biggest media company and value-added information service provider in China. I worked as a manager in the Business Development Department at SINA Corporation. ... Yet I feel that my current knowledge and expertise are not up to the task that I have set for myself. I do not know enough to run a viable business venture on any large scale, yet. I could pursue my career with SINA Corporation and continue to learn business management skills but after I examined my past work and education history I came up to believe that I will have more opportunities if I can receive the kind of comprehensive and systematical business and entrepreneurial training that a MBA program can offer. Compared with other famous business schools in the US, Wharton, a cradle of some of the world's most important businessmen, is my only choice. Wharton appeals more to me because not only of its reputation and legacy, but also because it suits my own needs. I once compared Stanford MBA Entrepreneurship courses, which are also famous worldwide, with Wharton's before I began the application process, and the results showed me that Wharton can really help me to achieve my career goals in a better and more efficient way than Stanford. First of all, Wharton's Entrepreneurship courses suit my backgrounds and current situations. My father is one of the most famous and successful enterprisers in China, and he runs many private companies now. He wants me to help him run part of those businesses in the future, so I have to learn not only the entrepreneurship aspects of a business but also how to run a family business. Entrepreneurship courses in Wharton's curriculum, such as Strategies and Practices of Family-Controlled Companies, are designed for those people who plan to manage family-controlled companies and for those planning a career in a

Friday, August 23, 2019

Polarize Essay Example | Topics and Well Written Essays - 250 words

Polarize - Essay Example Since the waves are travelling in all sorts of planes, the light from the sun is then definitely not polarized. Similarly the sky appears blue because of the scattering of different wavelengths of lights in all directions; however blue light is the one that is most highly scattered. This light is also not polarized. The third scenario of blue light being reflected from a surface is a bit complicated. Whether the reflected light is polarized or not depends on the angle of incidence. If the angle of incidence is the Brewster angle, then the reflected light would be polarized otherwise it would be partially polarized. Polarized glasses have a wide variety of uses. They are sometimes used in combination with sunglasses in order to reduce glare. They are also used by people who travel on water or by fishermen in order to polarize the light that is reflected from the surface of the water to allow a better view of inside the water. Recently Polarized glasses have also found their use in the 3d glasses where they are used by the viewers to watch 3d

Information technology management Essay Example | Topics and Well Written Essays - 4000 words

Information technology management - Essay Example gement refers to the discipline that comprises of resources and approaches by which information and technology resources are managed in respect to the priorities and needs identified (Clark, 2003). The resources relied on this process include data, software programs, hardware facilities like computers, information centres and facilities as well as the staff needed to maintain and oversee these systems and processes. This paper examines the concept of information and technology in organisations and the process that go in the research and creation of products that become market leaders, creating competitive advantages for them, while consolidating their market position. In addition, it focuses on apple Inc., a company that has a technological and innovation culture in the process of creating different mobile technologies and other electronic products that it sells. Apple inc., one of the chief companies in the technological industry is a multinational American company that is headquartered in California, USA (Grady, 2009). The company’s main objectives involve designing, developing and selling various kinds of consumer electronics, online services, personal computers and softwares among others. Among the products the company is known for include the iTunes Store, Apple store, the Mac and associated line of computers and the famous iPhone smartphone. Apple Inc. was established by three people, who were Ronald Wayne, Steve Wozniak and Steve jobs in 1976 with the main objective of developing and selling personal computers (Dormehl, 2012). Later in 1977, the company was officially incorporated under the name, Apple Computer, Inc. as the company changed and shifted its focus on consumer electronics; it changed its name to Apple Inc. in 2007. Among the many technologies that Apple Inc. has developed, the iPhone was the mobile technology that gave it success in the mobile industry as at the time of its launch. Actually, the iPhone is one of the smartphones that were

Thursday, August 22, 2019

Strategically evaluation the airlines based on your choice using the SWOT analysis Essay Example for Free

Strategically evaluation the airlines based on your choice using the SWOT analysis Essay SWOT are meaning of the Strengths, Weaknesses, Opportunities and Threats. First, we discuss the strengths of Cathay Pacific. Cathay Pacific established in 1946, it’s a long history experience base on Hong Kong. It is a large-scale international airline around the world, includes flights to Asia, Europe, Africa and USA. The services that this airline provides are passenger transport and cargo services to 167 destinations in 42 countries and territories around the world. The Cathay Pacific is a strong financial position from Swire Group and its acquisition of Dragon Air is the market leader in Asia. The Airlines is a strong relationship with Air China and China Government are increased shareholding in Air China, it is a majority shareholding in Air Hong Kong with all cargo carrier services. On the other hand, they well-trained labor force of the high quality service, it around 29,800 employees in the world and the superb team is about 22,000 in Hong Kong. Cathay Pacific is adapting in organizational structure. At last, Cathay Pacific development of online service for its business growth, the passenger can book on the website for operating in many routes easily. {1} It have strong Media Centre and awards, for example, Slogan â€Å"Asia’s world city Hong Kong†, World’s Best Overall Airline, Best first class lounge and most punctual airline between London and Hong Kong. After that, provide the new types A340 of aircrafts for saving energy and efficient operations. Some of the long haul flights are always 100% Full. Second, the weaknesses of the Cathay Pacific are strong labor union and potential strike and negotiations. The environment of Long Haul Equipment, apparently the current A340 and B744 both of them have their weakness, B744 still have a little bit noisy, and A340 have a narrow cabin to affect the comfort. There are low margins and keen price competition. However, it is earning per share under fluctuation and uncertainty. Third, the Opportunities are stable economic growth and increase the needs of traveling in Asia. It development of global travel and tourism industry and air freight and logistics it is because of globalization. There is relaxation of China policy in outbound tour. The expansion of cargo services in new markets (Zhengzhou and Hyderabad). It is planning for a new establishment of {5} Joint Venture business with Shanghai’s 2 international airports. For the people, they can tend to luxury flight experience and passages know Cathay Pacific is safety. Finally, Threats of the Cathay Pacific is high fuel cost, and it is increasing competition from low cost carriers like the HK Airline and Air Asia. It became the economic fluctuation in Europe and USA. {6} It is potential terrorist attack under unstable world political situation.

Wednesday, August 21, 2019

Site Examination of Soil for Jubilee Line Extension

Site Examination of Soil for Jubilee Line Extension This is an interpretative geotechnical report of the Jubilee Line Extension which describes the extension from Green Park to Stratford running through South and East London. A site examination was undertaken by Soil Mechanics Ltd in 1990 for London Underground which was done as per the 1987 specifications for Ground Examination published by the Department of Transport (Attewell, 1995, p. 39).      Ã‚   This included Package 2 of the proposed Jubilee Line Extension, involving 20 boreholes out of which 18 boreholes were drilled using Cable Percussive and Rotary method was used to drill the remaining 2 boreholes situated in the Bermondsey region of London. Drilling works finished on the 14th November 1990. The main objective of the investigation was to examine the ground conditions of the soil above and beneath the site preceding the proposed tunneling in the Bermondsey region. The site shows the acquired borehole information of Package 2 and takes after the proposed tunneling course of the extension works southeast of London Bridge Station in Bermondsey, eastwards towards Canada Water in Rotherhithe. The site range in Eastings and Northings is linear, running from 533343, 179834 (BH401) in the east to 535222, 179445 (BH417) in the west. This principally takes after the River Thames at an interval of roughly 400m from the south bank over the linear run. The passage runs through the overland train line southeast of Tower Bridge Station towards South Bermondsey Station for around 600m before curving eastwards and east-north-eastwards underneath Jamaica Road to the recently proposed Bermondsey Tube Station. The tunnel route proceeds eastwards underneath Southwark Park and ends at the edge of Neptune Road and Moodkee Street on the Canada Estate. Over the site the street levels are moderately flat, going from 1.9mOD in the western, to 3.6mOD in the east. The site is situated on various strong and drifts stores at ground level as indicated in BGS solid and drift 1:50,000 maps (256 North London; 270 South London). The geological units which are probably going to be experienced over the site ranges from shallow to solid geological units are portrayed as follows from the youngest to oldest. As its name implies, Made Ground according to BGS are areas where the pre-existing ground surface have been massively altered by man-made activities such as excavation. The thickness of the made ground ranges from 0.30m to 5.00m consisting of a mix of concrete, rubble, brick and refuse intermingled with gravel and sands frequently within a matrix of silt or clay. Studying this man-made geological unit also helps to get information of the past land because it is often associated with unstable ground, unpredictable engineering conditions and contaminated materials (Ford,Kessler, Cooper, Price Humpage, 2010). These deposits are as a result of the urbanization and industrial development (Burland et al. 2001, p62). The deposits are around the River Thames, basically lying unconformably upon River Terrace Gravels (Ellison, 2004). The Alluvium is mainly comprised of silty clay and clayey silt, with beds of fine-to-coarse-grained sand with thickness of 1m to 15 m. Inter-bedded peat is known to happen eastwards of Southwark and Westminster, with the broadest deposits extending west to the Rotherhithe tunnel (Ellison, 2004). The River Terrace Gravels are comprised of variable quantities of sand and rock, deposited in a braided river system roughly 5km wide over the River Thames floodplain (Ellison, 2004). The deposits in this area of London are illustrative of the Terrace Gravel Formation, lying unconformably upon the solid geology of the region. The London Clay Formation is mainly argillaceous in its upper part, with the greater part of the development involving overconsolidated intensely bioturbated, fissured bluish-grey slightly calcareous, silty to extremely silty clay (Ellison, 2004) usually containing pyrite and carbonate solidifications (claystone) of ferroan calcite (Huggett, 1994 in Ellison, 2004). This upper part is frequently oxidized and weathered to a brown colouration colouration, while the basal unit is remarkably sandier and siltier than the upper horizons (Burland et al, 2001). Beneath the London Clay, this stratum is basically less than 1m thick (Burland et al 2001), and generally consist of sands, rock and stone beds (Hight et al. 2004; Ellison, 2004). The Lambeth Group is made up of the Reading formation, Woolwich formation and Upnor formation (Ellison Woods, 2004) and is divided into different lithological units. Recognized primarily inside cores in central and eastern London, this stratum comprises mainly of mottled clay, silty clay and sediments with hues including pale brown, pale grey-blue, dark brown, light green, red-brown and dark-red, based upon the oxidation condition of the constituents (Ellison, 2004). At the base of this unit overlaid sand and silt with minor tunneling and local ripple overlays are apparent (Hight et al, 2004). When compared to the Upper Mottled Clay there is no much difference, this lower horizon also includes purple to the list of potential colourations (Ellison, 2004). Moreover, it is also noted to contain carbonate nodules up to 0.5m in diameter, particularly in the top parts in east London these appear to have coalesced to form a limestone up to 1.6m thick (Hight et al, 2004) Circulated mostly in south London amongst Westminster and Bermondsey (Ellison et al,2004; Height et al, 2004), this strata have a maximum thickness of 3m, including grey shelly clay thinly inter-bedded with grey-brown and fine sand (Height et al, 2004). Generally, there is a feebly established shell bed up to 0.43m thick, while amongst Bermondsey and Lewisham a consistent grey limestone bed (the Paludina Limestone) can be distinguished, with a thickness of 0.1-1.83m (Ellison, 2004). Principally lying comformably on the Lower Shelly Clay, it is basically comprised of thinly interbedded and laminated fine- to medium-grained sands, silts and clays with scattered shells (Ellison, 2004). There is deposit of sand of thicknesses up to 4m likely covered channels are known to occur especially around the Lambeth and Bermondsey regions and contain pale olive to pale brown medium-grained very much sorted sands (Hight et at, 2004). Thickening from central London towards the south-east, this rests disconformably on the Lower Mottled Clay of the Reading Formation whilst the top of the unit is generally sharp with the Laminated Beds or the Upper Mottled Clay (Ellison, 2004). Dark grey to black clay is the dominant lithology with abundant shell fragments (Hight et al, 2004). A few beds are totally shaped of weakly cemented shells, while less regularly brownish-grey clay beds, slightly solidified with siderite (Ellison, 2004) are identifiable through this exceedingly variable stratum. An oyster-rich bed occurs close to the base (Hight et al, 2004).       The pebble bed is identifiable as a different substratum from the lower Glauconitic Sand in the London region (Ellison, 1991 in Hight et al, 2004). In this region, the strata have thickness about 3m and typically consist of well-rounded flint pebbles, basically less than 30mm in diameter, however can be recognized as huge as 200mm (Hight et al, 2004; Ellison, 2004). Mainly fine-to-medium-grained sand and clayey sands with variable amounts of glauconite grains of fine to medium sands grey to greenish grey when fresh, weathering to pale grey-brown and yellow brown (Hight et al, 2004).Carbonate concretions have developed either as hard sporadic masses or powdery patches up to 0.5m in diameter (Ellison,2004). Irregular beds of well-rounded flint pebbles (Hight et al, 2004) occur throughout this unit, as do clay dominated units of up to 0.3m thickness (Ellison, 2004). Basically comprising of a coarsening-upwards series of fine-grained intensely bioturbated grey sands (Ellison, 2004), these beds have a maximum thickness of around 30m inside the London Basin (Royse et al, 2008). The lower beds are clayey and silty, while bioturbation structures are identifiable by wisps of dark grey clay and silty clay (Ellison, 2004). Denoting the base of the Thanet Sand Formation, this bed is thought to be a basal conglomerate, comprising of irregular rounded black flint pebbles (Royse et al, 2008) set inside a dark greenish grey, clayey fine-to-coarse grained sandy matrix with glauconite pellets (Ellison, 2004). Basically a fine-grained white Limestone, this formation mainly comprises of coccoliths made almost completely out of calcium carbonate as low magnesian calcite with sporadic flint bands (Ellison, 2004). In the London region the lower parts of this formation is mapped as the Lewes Chalk or the Lewes Nodular Chalk, which is best characterized as a hard to very hard nodular Chalk with interbedded soft to hard gritty Chalks and regular flint bands (Bristow et al, 1997). The motivation behind ground examination was to assemble data about the physical and designing properties of soils and subsoils in the study territory to recognize whether the site is appropriate for the proposed work. The excavations started on 24th September, 1990 and completed on 14th November 1990 and a total sum of 20 boreholes finished over the site. A sum total of twenty boreholes were drilled over the site to examine the nature and condition of the soil underneath the site. This program of works started on the 24th September, 1990 and finished on the fourteenth November, 1990. Drilling depths range from -24.93 mOD (27.60 mbgl) in BH 413P to -49.84 mOD (53.05 mbgl) in BH404T with the majority of excavations being completed to a depth of 30.00 to 40.00 mbgl. Chiseling of harder strata was attempted where necessary. Hand-dug starter pits were burrowed at all locations to a depth of between 0.60 mbgl (meters subterranean level) and 1.20 mbgl so as to check for utilities before boring was initiated. Fourteen of these boreholes were finished utilizing Cable Percussive method in shell diameters between 150mm and 250mm relying upon the number of decrement required per borehole. A further two boreholes were excavated utilizing open hole drilling (404T, 407T) utilizing a tricone rock bit, followed by Rotary drilling to the base of the boreholes. Also, two boreholes (410T and 415T) were started utilizing Cable Percussive techniques, followed by Rotary boring strategies to the base of the boreholes. In every one of the four boreholes Rotary penetrating utilized polymer mud flush and SK6L wireline 100mm coring tool. The last two boreholes (403P and 413P) were drilled utilizing Cable Percussive tool together with Self-Boring Pressuremeter (SBP) tests), utilized principally to bore and test the London Clay Formation and Upper Mottled Clays and where pertinent, the Thanet Sand Formation. A more detailed of each borehole is outlined out in Table 1 Trial pits also known as shallow boreholes were dug in order to check gas, water and electricity pipelines due to the level of urbanization of the site location before actual excavation works commenced. The sensitivity of the locations means there is high risk of damaging existing infrastructures. The depth of the trial pits ranges from 0.6m to 1.2m as shown in table 1 above. Ten hand-dug inspection trial pits were drilled to a depth of 1.2m below ground level and these trial pits were: BH401, BH402, BH405, BH406, BH408, BH412, BH413, BH414, BH416, BH418, and BH419. After the drilling process, laboratory test were undertaken on specific samples so as to give in-depth understanding of the site. The tests performed were as follows; Index Properties, to classify samples accordingly to the Liquid Plastic Limits, Plasticity Index, Moisture content and Bulk density. Undrained Triaxial Tests, to calculate the undrained shear strength (Cu) values of the samples. Chemical Tests, testing the pH for soil and water for chemical contamination analysis (which was carried out on some water samples, undisturbed and disturbed samples). In addition, some chemical testing was carried out on some samples from boreholes to determine pH, pAH, organic content, heavy metals such as arsenic, cadmium, chromium, copper, mercury, nickel, zinc, lead, coal tars, mineral oils, phenols, solvent extracts, sulphide and sulphates which may indicate contamination in the site. X-ray Diffraction Analysis was also carried out in order to ascertain the presence of minerals. From the ground investigations, it can be affirmed that the stratigraphy of the site relatively varies from northwest to southeast that is, from London Clay Formations to Chalk Formation. Table 2 gives a vivid summary of the succession of soil underlying the site. As presented in Table 2, there is decrease in London Clay Formation thickness from boreholes 401 to 410. With the Chalk Formation depth, it appears from 36m beneath ground level from boreholes 407 to 418. Moreover, it can be seen that Woolwich and Reading Formation interbedded beneath the site as upper shelly / mottled clay and lower shelly/ mottled clay. Blackheath bed underlies in upper shelly clay. There is a Bullhead Bed between Thanet Bed and Chalk. Water level monitoring was carried out with piezometers installed in each borehole to aid measurement of groundwater across the site. Recorded measurement for less than three months (between 1st October 1990 to 17th December 1990 with depths of 0.27mBGL (BH401) to 17.53mBGL (BH405) indicates inconsistency along the site. Although there was a piezometer installed in BH403P, no water level was observed whilst 18 boreholes had one piezometer installed in each. Moreover, boreholes 402,403,407T, 410T, 415T and 416 had two piezometers installed in them respectively (upper and lower piezometer). Piezometer readings were observed to form a distinct ground water surface in the Terrace gravels which can be concluded as a permeable bed with water level observed in 8 boreholes. The contamination data given indicates that from the depth ranges of 1.50m (BH419) to 18.30m (BH308), Sulphides and Chromium occur from 0.01 to 5. There was presence of two mainly aquifers zone, the first phreatic zone is located between the permeable Terrace Gravels and the impermeable London Clay Formation in the west of the site (boreholes 401 to 407) extending to the underlying Upper Mottled Clay and Upper Shelly Clay from the Lambeth Group (boreholes 408 to 416) in the east of the site. Its depth goes from 4m to 12m below the ground level. The second phreatic zone is can be found in the permeable Laminated Sand and Silt Strata, between the Upper Mottled Clay and the Lower Shelly Clay (boreholes 407 to 418), at the east of the site with varying depth of 9m to 17m below the ground level Experienced mostly at all ground level within all excavations, the stratum thickness varies across the site, ranging from 0.30m (BH 416) to 5.00m (BH402). Consisting of topsoil (0.10 to 0.20m thick), tarmac (0.05 to 0.15m) and concrete (0.05 to 0.40m) overlying soft to firm brown grey green and black silty sandy Clay with abundant fine to coarse angular to rounded brick, concrete, ash, tile mortar, flint coal and chalk gravels and rare cobbles of tile, chalk, concrete and timber. Made Ground within BH 403 was described as oily whilst being described as having a strong smell in BH414. Chiseling was required within six boreholes whilst SPT N values for this stratum varies from 3 to 24 in accordance with the variability of the soils. Two sulphate and pH tests were also completed indicating a pH of 7.5 to 8.0, a soil sulphate content of 0.05 % and a water sulphate content of 0.09 g/l. It cannot be recommended that such a variable stratum be characterized using limited data. However, thes e results suggest that DS-1 grade concrete may be utilized at this level. Alluvium in experienced in boreholes 401, 403, 404, 405, 406, 410, 411, 412, 413, 418, 415, 416 and 417, and it is situated beneath made ground. Its thickness varies from 0.50 m (borehole 401) to 3.60 m (borehole 405). This stratum can be defined as medium dense greyish yellow clayey fine to coarse sand with some sub-angular to sub-rounded fine to coarse flint gravel, with some presence of firm to stiff brown-green slightly sandy (fine to medium) clay, soft blue-grey very oxidized brown very silty lay with pockets ( This stratum is situated below the Alluvium with thicknesses of 2.70m (BH411) and 6.90m (407T) and is generally described as a medium dense to dense orange brown very sandy medium to coarse sub-angular to sub rounded flint gravel with occasional flint cobbles and pockets of brown silty clay. Chiseling was required at the base of the Terrace Gravels in BH409 (6.90-7.70mbgl for 2hours). SPT N values range from 4 to 79, with the majority of values plotting between 11 and 47 as presented in figure 5. Based on this data a design line of N=23 is proposed for the Terrace Gravels, which shows a drained friction angle of 34 ° (Peck et al, 1974). Due to the sandy and gravelly nature of this stratum, plasticity index, triaxial and moisture content tests were not undertaken since it is perceived that these soils are non-plastic. Nevertheless, 15 water soluble sulphate and pH tests were performed on water samples obtained within the Terrace Gravels. The results of these show a pH range from 7 to 9.7 and a water soluble sulphate level of 0.08 to 0.31 g/l. It was present in 12 boreholes 401, 402, 403, 403P, 404, 405, 406, 407, 408, 410, 412, 413 and it is located below the terrace gravel stratum. It is a combination of weathered (boreholes 401 and 412) and unweathered London Clay. Thicknesses of the London Clay range from 29.65m (BH401) to 0.30m (BH410T). The weathered London Clay can be described as stiff thinly laminated extremely close to fissure brown clay with rare bioturbation fissures randomly oriented whilst unweathered London Clay can be described as very stiff thinly laminated close to fissured grey-brown, grey, brown clay with occasional bioturbation, fissures are randomly orientated with occasional black mottling. The base of this stratum presents occasional pockets of light brown 20 silty fine sand ( With regards to the Index Test, 30 tests were completed and the results were: % LL from 50 to 88, % PL from 19 to 43, and % PI 29 to 58. Then, these results were plotted, as it can be seen from figure 7, the majority of the results are located in the range of high to very high plasticity clays. Just one isolated point is located below the A-line, so it was ignored in this case. The moisture content varies from 8 to 35%. , the natural moisture content is considerably close to the plastic limit, in some cases is less than the plastic limit, which indicates that the soil is in a plastic to semi-solid state. The bulk density of this stratum varies from 1.90 to 2.10 Mg/m3. They were made 46 triaxial tests to determine the undrained shear stress of this stratum and the results were from 46 to 394. Typically, Lambeth Group is comprised of three subgroups namely Woolwich Formation (Upper Shelly Clay, Laminated Beds and Lower Shelly Clays), Reading Formation (Upper Mottled Clay and Lower Mottled Clay) and Upnor Formation (Pebble beds and Glauconitic Sands as shown in table 3. The clays of the Upper Mottled Clay have higher plasticity than those of the Lower Mottled Clay and there are 7 blows of SPT for Lower Mottled Clay and 31 for the former making Upper Mottled Clay a very hard stratum. The SPT values are 45 to 76 and indicate a large distribution in sample strengths and the design line for Glauconitic sand is N = 64 + 22.63z. The Lambeth Group is generally very plastic and has a consistency of between -7 to 185. In BH408 at -17.69m depth, CI is -7 and can be inferred to be in liquid state being extremely soft and has eligible shear strength. The average N60 values (which was calculated from the average N-value) is between 37 to 73 making Lambeth group to fall in the very stiff to hard range. The average N-value is 45 to 76 and the relative density is from dense to very dense. Considerable high values of Undrained Triaxial Test are also indicative of the strength of the Lambeth Group. Thanet sand lies beneath the Glauconitic Sand (Lambeth Group) and is appeared in BH404T to BH419 with thickness ranging between 10.50m (BH 411) to 12.50m (BH 417). Thanet sand strata has very dense grey dotted black slightly fine to medium SAND with rare fine sub rounded rock gravels, which is slightly silty( Chalk formation has maximum thickness of 8.60m occurring in boreholes 407T, 410T, 411, 415T and 418 below Bullhead Bed. The stratum was unproven, characterized by the presence of white slightly to moderate weathered CHALK, weak, fractures closely spaced, infilled up to 9 mm with comminuted chalk. Occasional rounded flint cobbles as angular fine gravel fragments. Chalk recovered as fine gravel sized white very weak with 31 much matrix of with sandy silt sized fragments. It was identified as chalk grade III and IV. Considering the SPT results in figure 5, they were made 7 tests in total using Split Spoon Sampler (S). The N value in this stratum varies from 61 to 85, with an average of 71. According to density index of sands classification by Craig (2004), this soil can be considered as a Very Dense Soil. SPT, index test and moisture content, triaxial test and bulk density test were not applied to Chalk samples. References Digimap.edina.ac.uk,. (2016). Digimap Home Page. Retrieved 6 December 2016, from http://digimap.edina.ac.uk Soil Mechanics Ltd. (1990). Jubilee Line Extension ground investigation Package 2. Ellison, R., Woods, M. (2004). Geology of London. Keyworth, Nottingham: British Geological Survey. Ford, J., Kessler, H., Cooper, A., Price, S., Humpage, A. (2010). An enhanced classification forartificial ground. Hight, D., Ellison, R., Page, D. (2004). Engineering in the Lambeth Group. London: CIRIA. Royse, K., de Freitas, M., Burgess, W., Cosgrove, J., Ghail, R., Gibbard, P. et al. (2012). Bristow,C R, Mortimore,R N, and Wood, C J. 1997. Lithostratigraphy for mapping the chalk of southsea England. Proceedings of the geologists Association, vol.108,293-316. Burland, J B and Hancock, R J R. 1977. Underground car park at the House of Commons, London. Geotechnical aspects. Structural Engeneering. vol 55,87-100. BH Eastings Northings Drilling Method Start date Reduced level Finish date Reduced level Hand dug pit depth (mBGL) Depths (m) 401 533344 179834 Cable Percussive 24/09/1990 2.96 29/09/1990 -36.74 1.2 39.7 402 533435 179831 Cable Percussive 24/09/1990 3.45 03/10/1990 -33.05 1.1 36.5 403 533557 179755 Cable Percussive 22/10/1990 3.4 02/11/1990 -36.6 1.2 40 403P 533551 179737 Cable Percussive/SBP 01/10/1990 3.52 21/10/1990 -34.48 1.2 38 404T 533638 179605 Open Hole/Rotary 24/09/1990 3.21 03/10/1990 -49.84 1.1 53.05 405 533761 179560 Cable Percussive 02/10/1990 3.51 14/10/1990 -36.49 1.2 40 406 533888 179456 Cable Percussive 04/10/1990 3.48 15/10/1990 -33.32 1.2 36.8 407T 534043 179407 Open Hole/Rotary 08/10/1990 3.26 19/10/1990 -47.11 1.1 50.37 408 534223 179348 Cable Percussive 05/10/1990 2.91 12/10/1990 -32.09 0.8 35 409 534389 179384 Cable Percussive 11/10/1990 2.55 18/10/1990 -27.25 0.8 29.8 410T 533406 179414 Cable Percussive/Rotary 17/10/1990 2.79 30/10/1990 -40.71 0.6 43.5 411 534455 179389 Cable Percussive 15/10/1990 2.42 22/10/1990 -37.83 1.2 40.25 412 534478 179436 Cable Percussive 04/10/1990 2.54 15/10/1990 -33.46 1.2 36 413P 534525 179429 Cable Percussive/SBP 30/10/1990 2.67 14/11/1990 -24.93 1 27.6 414 534649 179451 Cable Percussive 15/10/1990 2.89 28/10/1990 -37.06 1.2 39.95 415T 534905 1

Tuesday, August 20, 2019

Consequences Of Global Overfishing Environmental Sciences Essay

Consequences Of Global Overfishing Environmental Sciences Essay This essay covers the world crisis of overfishing and its effects on the global economic and environment. Essay has found that fisheries are facing unusual crisis due to overfishing and overfishing is further threaten to the future sustainability of fisheries, the livelihoods of coastal fisheries and ecosystems. The reason of overfishing is associated with increasing population of the world which demonstrates increased food requirements for the population. In consequence, increased food requirement has led to overfishing. As a result of overfishing, marine species have declined in population and causing change to marine ecosystems (Peter, 1994). This essay is concerned about the issue of overfishing, reason of overfishing and after-effects of overfishing. Other main concern of the easy is the role of large countries and multinational corporations and in the same regard, economic and commercial issues will also cover to understand how trade factors like exceeding quotas and commercial fishermen are more likely to be responsible for overfishing. Fish is the basic source of protein for 950 million people around the world and it is included as basic diet of many people. Fisheries are also important source of employment and 200 million people around the globe are associated with fishing for their survival (Fontaubert Lutchman, 2003). In addition, according to Dommen and Deere (1991), 40% of the global fishery production enters into international trade market with half of fishery which exports from developing countries. According to report of Gareth Porter (2003), Fisheries Subsidies and Overfishing: Towards a Structured Discussion released under United Nations Environment Programme, with expanding fishing in recent years there has been a considerable reduction in fish stocks and this reduction is more preferably observed in species for human consumption such as cod, haddock and plaice. Since 1950, fisheries production has increased about 6 % which is now fallen to zero (Miller Spoolman ¸2008). There is evidence for economic and environment harm causing due to overfishing whereas reduction in fishes has declined 100,000 jobs in last few years. Moreover, owing to these implications the cost of fishes in local markets have unusually risen (Weber, 1994). Considering all these consequences, overfishing has become one of the most serious environment and economic issues around the world. With the passing time it has become the tragedy of commons and situation of lack of property rights provides an open opportunity for everyone to catch as much fishes as they want regardless of considering for future. Under condition of tough competition commercial fishermen endeavor to deplete the seas as any fish left behind can be caught by someone else. As a result, world is going through common tragedy to which they are failed to addressed properly (Alessi, 2004). Overfishing and its Implications By definition overfishing is catching of exceeding number of fishes in order to hold sustainable fishing system by doing overfishing. Commonly, overfishing takes place when stock of fishes lose their stock down to an acceptable level. As a result of overfishing, fishes lose their capacity to survive as they largely depend on sea creature and able to breed new generation. An example of adverse effects of overfishing is that overfishing of sharks has led to upset the marine ecosystems (Shark Declines Threaten Shellfish Stocks, Study Says, National Geographic News, 2007). The fisherys potential to recover from the overfishing relies on the suitability of ecosystem  condition. Unusual changes in the composition of species can also lead to shift in ecosystem where other equilibrium energy flows encompasses the species compositions. However, there are number of factors involved in the overfishing in the world, but many studies have revealed that with the increasing activities of human an d extended living style, oceans are ruined and losing their natural beauty. In addition, in 1997, 50% of worlds population was located in sea areas including big cities of the world. This percentage is expected to remarkably increase to 75% (Marine environment and sustainable development, 2002). There is immense importance of coastal areas as they provide many resources for sustainability in the worlds economy and also extraordinary influence on economic and social advantages. It is estimated that 90% of international trade depends on marine transportation. Moreover, coastal resources provide 25 to 30 per cent to the global energy supplies. Fisheries also create jobs and demonstrate rapidly growing industry which is estimated to give 30 per cent of the worlds fish consumption (Porter, 1998). Moreover, tourism is another fastest growing industry while only coastal tourism generates $3.5 trillion in revenues. Thus, all these economic activities and growth in population is placing great impact on the importance of marine areas. Causes of Overfishing Despite the fact that increasing population has required more food and more demand of food has led to overfishing, there are some other reasons that cause overfishing (Nordquist Moore, 2000). Many reports reveal that fishing is the only industry in the world without any restriction and such open access of fishing makes fisheries to do overfishing (Fontaubert Lutchman, 2003). The fishermen have increased double in 25 past years. In addition, the reason that fishing is free and open access to fishing persuades many people to do overfishing without taking care of maintaining the fish stock. Second are the government subsidies to overfishing. Study of World Bank has estimated that even though subsidies are declining yet it is worth $20 billion a year. Moreover, fisheries also provide jobs especially in poor countries which further help them to expand their industry. Subsidies also lead many companies to develop high-tech fishing which causes overfishing. Since fishing industry is taken into account as the best source of employment and export revenue, this is further leading to overfishing around the world. However, increase growth rate is questionable for the sustainability of the industry; therefore international environment communities are concerned about this issue. Another reason to which overfishing is associated is the increasing technological advancement. Invention of distant water fleets have brought about the fishing industry to developing countries which do not possess large fleets for fishing. Many marine creatures have constant threat from the invention of technological development. Moreover, excessive trawling and dredging with poisonous and explosive materials have negative ecological impact (Miller Spoolman ¸2008). Other than that, unwanted fishes cause depletion of fish stocks, on the other hand, fishermen with the imposition of quotas on the number of fishes discard low value fish and hold only high value fishes. Discarded fish amounts20 milli on tons and it accounts for one fourth of the annual marine catch. Effects and Consequences of Overfishing According to the Food and Agriculture Organization of the United Nation, there is 47% exploitation of world fish stocks and this leads to less expansion of marine creature in future. However, there are major changes in the composition of catching world marine species as they are caught when they are not grown or immature. With the decreasing harvesting, the fish prices are accelerating and making it less affordable fish. According to report, in 2002, 72% of the worlds marine fishes stock is harvested faster than their reproduction. Other than that, there are some negative effects on marine ecosystems. For this reason, there is greatest concern over the rapid depletion of fish population due to extensive commercial fishing. Moreover, world fish population has immensely dropped in the history while most of fish population has 90% declined. This increase number of decline in the population of fish has caused changes to marine ecosystems and also endangering the total productivity of sea creature. As a result of declining rate of production and its impact on marine ecosystems, people around the world are suffering. The consequences of overfishing can be classified into two major concerns including environment and economic consequences. As far as environment consequences of overfishing are concerned, overfishing may cause reduced harvest of targeted fish and excessive harvest of non-targeted, undersized and protected fished and at last ecosystem changes. In addition, consistent overfishing can possibly eliminate the largest fish population. Overfished population is characterized by the less productive fish which leads to decline in the fish stocks. Harvest of non-targeted marine species or bycatch is estima ted to form one quarter of world total fish catch. The bycatch method requires unwanted caught fishes to be discarded and at the time of discarding they are dead. The catching of unwanted fishes and marine species depend on the ways or fishing gears used to do fishing. Various types of fishing gears used are not capable of catching particular fish and usually trap unwanted catch. On the other hand, longlines can catch seabirds, turtles and other non-targeted fish along with the targeted catch. The use of gillnets catch seabirds, and other discarded fishes. Gillnets usually catch and kill marine species through ghost fishing. Trawls are specific to catch non-selective fishes and catch many different marine animals. Environmentally overfishing can have immense adverse effects on the ecosystem. In 1990, world total catch had reached a plateau. This plateau is maintained by changes in species composition (Porter, 2003). The most demanded fishes tend to be fished the most. Once one demanded species is depleted fishing moves down the food chain and decrease the marine ecosystem. Thus, considerable environmental changes can bring about negative effects on the fish production levels. Moreover, overfishing can also lead to changes in marine food web while leaving negative effects on the other marine species. Overfishing has indirect possible impact on the change of ecosystems such as coral reef ecosystems (Fontaubert Lutchman, 2003). This occurs due to removal of plant eating fishes with the reduction in plant grazing. Thus reduction in grazing allows the algae to coexist with corals to grow and possibly take over, particularly when there is high level of nitrogen in water. It occurs due to reduction in light that allow entering into water and then algae contribute to the loss of corals while relying on light. Besides environmental consequences caused by overfishing, there are economic consequences such as number of environmental costs, and mismanagement of fisheries can lead to loss of number of marine species as a result of rise in harvest. Fishery resources with best management can give total rise10 million metric tons in harvest which adds annually $16 billio n to worldwide gross revenues. Other consequences are accounted as reduction in numbers of fishes and size of fishes. There is remarkable decline in the stock of fishes and it is frequently leading to decreasing safe biological limits. Thus, undefined quantity of fish stocks has risen with the time. Moreover, reduction in size of fishes, which is not total amount of adult fishes but also average size of fish, has also decreased. As measured in 2008, the size of a cod is often considerably less than this at 33cm. reduction in the length of fishes has been measured for many marine species. Overfishing is more often caused by excessive bycatch which contributes to the fishing industry. Thus economy cost includes decreased food production in fisheries directed at the adult marine animal of young discarded in other fisheries and further decreases the employment in fisheries. Eventually overfishing causes significant effect on the economic and environment costs (Miller Spoolman ¸2008). The prevention of overfishing a nd allowing the stock to rebuild can considerably improve the stock productivity and maximize the revenue for industry. Therefore, there is need to adopt such measures that helps to stabilize both resources and industry (Somma, 2003). Subsidies Policy for Overfishing Many suggest that fishing crisis caused by overfishing can be controlled using subsides but at the same time subsidies is identified as root cause of the problem. By using effective funds, subsidies can be helpful to stimulate fishing practice which can overcome fishing crisis. In order to further protect the fishing, government authorities must consider over elimination of harmful government subsidies for this purpose funds need to be redirected towards causes like reduction in capacity, the creation of stock recovery, and stock assessments (Nordquist Moore, 2000). Moreover, the funding legislation structure can be used to influence to supporting sustainable fishing practices. However, subsidies can be good preventive measures but inappropriate subsidies of governments of the world are likely to earn more by increased subsidies although they can maintain the capacity of fishing fleets. In consequences, the creation of fishing controlling policies are promoting the overfishing rathe r than preventing the overfishing (Fontaubert Lutchman, 2003). The implementation of such policies which are intended to increase the overfishing must be eliminated or modified to be useful for saving the fish stocks. Despite the fact that governments can support the policy of anti overfishing but they are reluctant to remove such subsidies as they are more concerned about the fishing industry and other possible negative socio-economic implications for fishing communities. Many countries are increasing fleet modernization subsidies even though there is severe overfishing, other countries which reduced pressure from fishing has caused economic and social problems along the coast. Fishing Regulation and Impact on Overfishing There are prevailing fishing regulations such as quotas, property rights and protected or banned areas but they are not enforced (Porter, 1998). There is difficulty found in enforcing such regulations by government and it is more problematic in developing countries. As a result of inappropriate enforcement or negligence of government regarding protecting seas species it has been identified as cause of overexploitation. Inefficiency of government specifically in developing countries to enforce such regulations is considered as further incentive for a big scale industrial vessel. In addition, even though these regulations are implemented strictly, there is further possibility of illegal fishing which is very common in developing countries (Nordquist Moore, 2000). Role of Developed Countries in Overfishing The role of developed countries about overfishing is likely to more flourish the fishery industry in the world. Most of the EU countries including Britain, Spain, Denmark and France have encouraged the overfishing over the years and are aiding to fishery industry. A report has revealed that 29 percent of the EU has taken such measures that contribute to overfishing in the region. These contributions are justified with the modernization of fleet constructions. In addition, 17% is bestowed to take measures for healthy fisheries and fishing bans. Moreover, EU subsidies for fishing seemed to incapable in reducing the overcapacity of fleets which applies fishing pressure on the fishes stock. The important fish stock of EU has been engaged in overfishing which mainly includes sharks and prawns (Nordquist Moore, 2000). Ways to Combat Overfishing However, there are number of countries which recognized this issue as global problem and taking considerable measures for combating overfishing by imposing subsidies over fleet construction, the role of developed countries has been observed a little which indicates great hindrance for combating the overfishing. Many nations of the world have jointly agreed on the plan to overcome the severity of the problem through protecting the worlds major marine fishery resources, other destructive and wasteful fishing activity. For this reason an international plan of action for the management of fishing capacity has been designed to achieve the efficient and transparent fishing capacity management. Food and Agriculture Organization has estimated that in 1995 the world fishing fleet were about 3.8 million in numbers with 1.2 million vessels had storage space. Furthermore, in order to overcome the overfishing the first thing required is the reduction in the number of fishing fleets. Since reducti on in fishing capacity can be achieved by relocation of vessels in other countries fisheries, fisheries is usually a serious issue butt does not contribute to a global reduction of fishing capacity (Dommen et al, 1999). Even though there is great consideration over the matter of reducing the fishing capacity in highly populous country but mostly developed countries do not intend to reduce or change the fishing pattern on account of increasing social pressure. In this regard, the best way is to reduce bycatch could be effective for lowering the overfishing. For this purpose nations of the world have to take stronger enforcement and better regulation into consideration. Currently there are a few countries which have considered about imposing such ban or restriction on bottom trawling such as Scotland, Philippines, Greece, New Zealand and Kenya. Since there is record recovery measured in these courtiers after implementation of these principles, there is great concern of the developed c ountries which have not yet shown interest in implementing such regulations (Peter, 1994). Most recently, Economic and Trade Branch of the United Nations Environment Programmes has arranged workshop program on Fishery Subsidies and Sustainable Fisheries Management. The purpose of this workshop was to offer a platform for nations to share their opinions and effects of subsidies on the fisheries. Another example for combating overfishing can be drawn from the fishery policy of European Council of Fisheries Ministers that has taken long term recovery plan for fish stocks. The council plan proposal has resulted in some conflicts but after some social considerations such as allowing fishermen to fish at low level and not to stop them on the whole there is mutual consent over preventing overfishing. Besides, there is need to adopt some common strategies which provide commitment between upstream and downstream countries. Moreover, with mutual consent, nations can develop an international governance framework that allocates the water on equitable basis. Furthermore, since protection of ecosystems, which is in danger due to overfishing, must be considered by improving the policies for aquatic ecosystems protection and pricing products. Through improving the ecosystems protection and pricing products social and economical cost of the natural resources can be saved. In this respect, raising both public and political awareness is also significant which possesses concept of ecosystem-based management like integrated coastal zone. Natural resource management, which referred to the management of land, water and other natural resources, can be used as tool to promote the sustainable use of aquatic ecosystems. Conclusion With greater understanding about the importance of fishing in the economic and social effects, it is concluded that fishes are the most vital source of nourishment. Widespread overfishing has been causing the world to face numerous problems in regard to adverse environment effects and significant economic consequences. Since the poorest nations of the world are more likely to depend on the fishing for their survival, international organization must consider over such resolution which not only provides ultimate solution to environment problem but also decreases the possibility of deteriorating economic condition of the nations which is already in plague.

Monday, August 19, 2019

A & P - John Updike :: essays research papers

Sammy vs. the Grocery Store In the story, â€Å"A & P†, John Updike differentiates the views of Sammy and the store with many eye-catching techniques. By presenting the store as the antagonist, the reader gains Sammy sense of view about things through his close detail and humor of situations. Well before the dramatic opportunity presents itself for Sammy to quit his job, his narrative voice has established his individualism, imagination and his subversive sense of humor that already set him at odds with his jobs dull routine. The three girls entering the store in bathing suits and â€Å"walking against the usual traffic† coming down the aisle symbolize Sammy’s individualism. Because of the girl’s different appearance from the usual shoppers in A & P, Sammy couldn’t help but stare. This type of dress was not part of the â€Å"A & P policy† especially since â€Å"the women generally put on a shirt or shorts or something before they get out of the car into the street†. An example of Sammy’s imagination is exemplified through his description of the other shoppers in A & P. Sammy refers to the shoppers as â€Å"sheep† twice in the story. Once as he views the customers continuing to push their carts down the aisle only glancing slightly at the girls and continuing to shop. Sammy â€Å"bets you could set off dynamite in an A & P and the people would by large keep reaching and checking oatmeal off their lists and muttering†¦Ã¢â‚¬  The second time is when the girls go to the check out lane and Lengel starts to explain the policy. â€Å"All this while, the customers had been showing up with their carts but, you know sheep, seeing a scene, they had all bunched up on Stokesie†¦Ã¢â‚¬  Sammy’s narration of the lady at the front counter presents an example of his defiant sense of humor. The phrases â€Å"a witch about fifty† and â€Å"if she’d been born at the right time they would have burned her over in Salem† demonstrates the intolerance Sammy has developed toward the â€Å"A & P policy†. The song Sammy hears by the register as he rings up a purchase represents his oddity from his jobs dull routine. A & P - John Updike :: essays research papers Sammy vs. the Grocery Store In the story, â€Å"A & P†, John Updike differentiates the views of Sammy and the store with many eye-catching techniques. By presenting the store as the antagonist, the reader gains Sammy sense of view about things through his close detail and humor of situations. Well before the dramatic opportunity presents itself for Sammy to quit his job, his narrative voice has established his individualism, imagination and his subversive sense of humor that already set him at odds with his jobs dull routine. The three girls entering the store in bathing suits and â€Å"walking against the usual traffic† coming down the aisle symbolize Sammy’s individualism. Because of the girl’s different appearance from the usual shoppers in A & P, Sammy couldn’t help but stare. This type of dress was not part of the â€Å"A & P policy† especially since â€Å"the women generally put on a shirt or shorts or something before they get out of the car into the street†. An example of Sammy’s imagination is exemplified through his description of the other shoppers in A & P. Sammy refers to the shoppers as â€Å"sheep† twice in the story. Once as he views the customers continuing to push their carts down the aisle only glancing slightly at the girls and continuing to shop. Sammy â€Å"bets you could set off dynamite in an A & P and the people would by large keep reaching and checking oatmeal off their lists and muttering†¦Ã¢â‚¬  The second time is when the girls go to the check out lane and Lengel starts to explain the policy. â€Å"All this while, the customers had been showing up with their carts but, you know sheep, seeing a scene, they had all bunched up on Stokesie†¦Ã¢â‚¬  Sammy’s narration of the lady at the front counter presents an example of his defiant sense of humor. The phrases â€Å"a witch about fifty† and â€Å"if she’d been born at the right time they would have burned her over in Salem† demonstrates the intolerance Sammy has developed toward the â€Å"A & P policy†. The song Sammy hears by the register as he rings up a purchase represents his oddity from his jobs dull routine.