Saturday, August 31, 2019
Medical Billing and Coding Essay
Medical Billing and Coding (current student) 2013 Medical Administrative Assistant Diploma (GPA 3.34) 2012 Includes: Disease Processes, Surgical Procedures, Life Cycle of an Insurance Claim, Health Care Settings, Health Care Payers, Procedure and Diagnosisà Coding from Medical Records, Reimbursement Systems, Facility Billing, Word Processing and Medical Practice Management Systems. * Promoted a welcoming and safe learning environment for children, helping to develop a well-rounded and respected educational organization. * Assisted the school director in playing a key role in developing a diverse and enlightening curriculum in strict accordance with state mandates. * Communicated effectively with children, peers, parents and directors to ensure smooth operations and eliminate potential issues before they could negatively impact the school. Packer Express Personnel ââ¬â Jamestown, NY2001 ââ¬â 2002 Bush Industries ââ¬â Jamestown, NY2001 ââ¬â 2001 * Duties included: Packing, stocking and accurately completing labor tickets. * Load materials and products into package processing equipment tools. * Record product, packaging, and order information on specified forms and records. * Performed any combination of light cleaning duties to maintain the establishment. * Inspected for defects and recorded items packed.
Friday, August 30, 2019
ââ¬ÅMetamorphosisââ¬Â by Franz Kafka Essay
Metamorphosis. This means a change in form, structure, or appearance. Change is a major theme throughout Franz Kafkaââ¬â¢s novella, The Metamorphosis. There is a significant relationship between the title, The Metamorphosis, and the theme of change. Kafkaââ¬â¢s main character, Gregor Samsa, undergoes many changes and his transformation evokes change in his family. Several metamorphoses take place involving Gregor. First, a physical change occurs ââ¬ËWhen Gregor Samsa woke up one morning from unsettling dreams, he found himself changed in his bed into a monstrous vermin.ââ¬â¢ After that happened, Gregorââ¬â¢s voice changes from human into the voice of a bug. ââ¬ËThat was the voice of an animal,ââ¬â¢ Gregorââ¬â¢s manager said, but the words seemed perfectly clear to him. Beginning to see things less and less, Gregor experiences a change in his vision. An example, found on page 29, would be Gregor seeing the hospital less and less distinctly. A mental change in Gregor occurs when he starts not caring about or having no consideration for his family. ââ¬Ë It hardly surprised him that he was showing so little consideration for the others; once such consideration had been his greatest pride.ââ¬â¢ Everyone in the Samsa family experiences changes brought on by Gregorââ¬â¢s metamorphosis. Since Gregorââ¬â¢s physical change renders him no longer able to work, the familyââ¬â¢s financial situation changes. Gregorââ¬â¢s mother, father, and sister have to get jobs. Mrs. Samsa, Gregorââ¬â¢s mother, sews lingerie for a local clothing store. His sister, who took a job as a salesgirl to help the family,à also learns French in the evening so she might get a better position in the future. Mr. Samsa, Gregorââ¬â¢s father, takes a job as a messenger for banking institutions. Turning into a bug, Gregor causes a lack of harmony among the family members. They keep away from him and will not even look at him. Now, because they are afraid of Gregor, at least two people always stay home together. Lifestyles that they used to have change. No maids want to stay. ââ¬Ëâ⬠¦On the very first day the maid- it was not completely clear what and how much she knew of what happened- had begged his mother on bended knees to dismiss her immediately..;ââ¬â¢ (26) Besides that, the necessity arises to rentà rooms out to three borders to add to their income. Grete, willingly at first and unwillingly at the end, does everything for Gregor, such as clean his room and give him his food. After the death of Gregor, the familyââ¬â¢s feelings change from despair to hope and happiness. Death brings about a positive change in the way they now see Grete, as compared with the way they perceived her when Gregor was alive. Now to them Grete ââ¬Ëâ⬠¦ had blossomed into a good looking good-looking, shapely girl.ââ¬â¢ (58) Also, they wish to marry her off. In addition they plan to move into a new, more manageable home in which they can find relief. As the seasons bring life and death changes in the world of nature, so to in this story, does the life and death of Gregor Samsa bring profound changes not only to him as an individual but also to the lives of the others around him.
Thursday, August 29, 2019
Candide Essay On Religion Example For Students
Candide Essay On Religion Voltaireââ¬â¢s Candide is a novel which contains conceptual ideas and at the same time is also exaggerated. Voltaire offers sad themes disguised by jokes and witticism, and the story itself presents a distinctive outlook on life. The crucial contrast in the story deals with irrational ideas as taught to Candide about being optimistic, versus reality as viewed by the rest of the world. The main theme which is presented throughout the novel is optimism. Out of every unfortunate situation in the story, Candide, the main character, has been advised by his philosopher-teacher that everything in the world happens for the better, because ââ¬Å"Private misfortunes contribute to the general good, so that the more private misfortunes there are, the more we find that all is wellâ⬠(Voltaire, p. 31). Pangloss, the philosopher, tries to defend his theories by determining the positive from the negative situations and by showing that misfortunes bring some privileges. As Candide grows up, whenever something unfortunate happens, Pangloss would turn the situation around, bringing out the good in it. Candide learns that optimism is ââ¬Å"The passion for maintaining that all is right when all goes wrong â⬠(Voltaire, p.86). According to Rene Pomeau, ââ¬Å"Voltaire-Candideâ⬠¦have made him Candide acquainted with the bad and the good side of human existence. The moral of Candide is born out of its style; it is the art of extracting happiness from the desolate hopping-about of the human insectâ⬠(Adams; Pomeau p.137). Pomeau explains that Candide shows both sides of humanity; how both great and terrible events are standard in a human life. Also according to Pomeau, the whole point of the story is to debate between good and bad; for example, as Candide becomes more independent, he starts to doubt that only good comes out of life. Pangloss is a very hopeful character in the story because he refuses to accept bad. He is also somewhat naive and believes that he could make the world a better place by spreading his theories on optimism. When Candide had met up with Pangloss after a long period of time, Pangloss said that he was almost hanged, then dissected, then beaten. Candide asked the philosopher if he still thought that everything was for the better, and Pangloss replied that he still held his original views. No matter how little Pangloss believed in the fact that somehow everything would turn out well, he still maintained his original views. Voltaire exaggerates his point on optimism; there is nobody in reality who is positive about everything all the time, especially about something so horrible. One could conclude that Pangloss is an irrational and inane figure, and Voltaire tries to expose how incomprehensible his beliefs are which do not measure up to reality. According to Linguet, ââ¬Å"Candide offers us the saddest of themes disguised under the merriest of jokesâ⬠(Adams; Wade p. 144). It seems as if Candide was written as a comedy; not because of humor, but because every time something bad occurs, a quick turn of events happens which bring everything back to normal. One moment Candide murders the brother of the woman he loves, the next moment he travels to a land where he sees women mating with monkeys. In instances like these, it doesnââ¬â¢t seem like Voltaire is serious about tragic events. During the course of Candideââ¬â¢s journey, an earthquake strikes, murdering thirty thousand men, women, and children. In reality, this is a horrible predicament to be involved with. In Panglossââ¬â¢ world, â⬠It is impossible for things not to be where they are, because everything is for the bestâ⬠(Voltaire, p. 35), meaning that the earthquake was necessary in the course of nature, and so there was definitely a rationale for the situation. To show contrast in the story, Voltaire introduces a character whose beliefs are completely opposite than the beliefs of Pangloss. This character is Martin, a friend and advisor of Candide who he meets on his journey. Martin is also a scholar, and a spokesman for pessimism. Martin continuously tries to prove to Candide that there is little virtue, morality, and happiness in the world. When a cheerful couple are seen walking and singing, Candide tells Martin ââ¬Å"At least you must admit that these people are happy. Until now, I h ave not found in the whole inhabited earthâ⬠¦anything but miserable people. But this girl and this monk, Iââ¬â¢d be willing to bet, are very happy creaturesâ⬠(Voltaire, p. 58). ââ¬Å"Iââ¬â¢ll bet they arenââ¬â¢tâ⬠(Voltaire p. 58), replies Martin, and he bets Candide that the couple are, in fact, depressed, and are disguising their unhappiness. Upon talking to the couple, Martin, ironically, proved correct, strengthening his pessimistic views. Martin claims to be a pessimist because he ââ¬Å"knows what life is â⬠(Voltaire, p. 117) which is why Martin concludes that man was born to suffer. READ: Hamlet Essay Appearance Vs RealityCandide becomes affected by optimism in different ways throughout his life. The name Candide comes from the Latin word candidus, which means white, and symbolizes innocence. Perhaps Candide very readily believed in optimism at first because of his innocence. Candide grew up as a naive and vulnerable child in his own Eden and was only exposed to the brighter side of life and the idea that everything in the world happens for the better. He did not know what to expect in the real world and why things happened. As Candide progressed in life, though, his eyes opened and he became exposed to bad without goodness coming out of it, like when the people he cared for were harmed. Candide became more independent and learned to form his own opinions. He would look at the world and say exactly what he saw, and in every situation where Pangloss is absent, Candide would refer to Panglossââ¬â¢ spirit: ââ¬Å"What would Pangloss think?â⬠Over time Cand ide realized that ââ¬Å"Pangloss cruelly deceived him when he told him that all is for the best in this world â⬠(Voltaire p.43). For a long time throughout Candideââ¬â¢s life, he believed strongly in optimism, not because he was forced to, but because he was raised in that manner. It is possible, however, that all along, deep down inside, Candide doubted the philosophies of his teacher because of his exposure to immorality in the real world. For example, Candide witnessed the public hanging of two Portuguese Jews simply because they refused to eat bacon for dinner. It was occurrences like these which demonstrated the inhumanity that one person can do to another, leading Candide to disbelieve Panglossââ¬â¢ philosophies. Voltaire himself does not necessarily agree with the views of the philosopher Pangloss, that optimism is always the best way of looking at life. Many people in the story who were presumed to be dead were found to be alive and well. Cunegonde, the object of Candideââ¬â¢s affections, was thought dead by Candide but she had really been raped and sold into slavery. Pangloss was also presumed dead but he reappeared in Candideââ¬â¢s life. Although it is good that these people did not die, this is not an example of good coming from bad, since bad (their deaths) never even happened in the first place. This does not at all prove Panglossââ¬â¢ ideas. It is debatable whether Candide is a novel whose purpose is to teach a moral and be analyzed, or if it was written for entertainment purposes only. According to I.O. Wade, in the Journal Encyclopedique, the story was written for entertainment purposes and the author should have dealt more with important matters such as religion instead of focusing on story line. Most of the story is about the journeys of Candide, and Voltaire did not include significant morals upon writing the novel. In Grimmââ¬â¢s review, it is also thought that Candide was not meant to be a high quality piece of work, but rather as something enjoyable. It is written in bad taste, yet filled with gaiety, and the amusing parts make it entertaining. According to Georges Ascoli, ââ¬Å"Nothing could be more lively, more witty, or more instructive than this storyâ⬠¦Too often Voltaire, delighted with his own artistic flairâ⬠¦gives us amusing storiesâ⬠¦Let us take them for what they are, not giving too much historical creditâ⬠¦but tasting freely of the delights of well told storiesâ⬠(Adams; Ascoli p.129). Ascoli takes Candide to be a witty and lively story despite the misfortune in the charactersââ¬â¢ lives. He, too, thinks the story was written for entertainment in which Voltaire did a good job. The readers should accept the story for its zest, and not try to find a deep hidden meaning. READ: Maya Angelou Short Bio (Team Harmony Requirement) EssayCandideââ¬â¢s learnings and the events that happened to him affected his character in many ways. He had learned to become his own person, to accept life for what it had to offer, and that not everything had to be analyzed to decide whether it was good or bad. In this way Candide can be an example for all those who read his story.
Wednesday, August 28, 2019
Degree essay assignment Example | Topics and Well Written Essays - 2000 words
Degree assignment - Essay Example ISO 9000 is not a product standard, it concerns processes. The efficient and effective management of processes affects whether or not everything has been done to ensure that the product satisfies the customers quality requirements. The term ISO 9000 refers to a set of quality management standards. The ISO 9000 standards, first published in 1987 revised in 1994 and republished in 2000, have been adopted by many organizations all over the world and apply to all types of organizations, large and small, and in many industries. The 2000 version, ISO 9000:2000, placed the concept of process management directly in the Standard, although the essential goal of the standard, of achieving management system effectiveness via process performance metrics, remained the same. It reduced the emphasis on having documented procedures if clear evidence could be presented to show that the process was working well. ISOà 9000 currently includes three quality standards: ISO 9000:2000, ISOà 9001:2000, and ISOà 9004:2000.à ISO 9001:2000 presents requirements, while ISO 9000:2000 and ISO 9004:2000 present guidelines. The three standards ISO 9001, ISO 9002 and ISO 9003 have been integrated into the new ISO 9001:2000. The entire family of standards should be used in an integrated manner. It is suggested that, beginning with ISO 9000:2000, you adopt ISO 9001:2000 to achieve a first level of performance. The practices described in ISO 9004:2000 may then be implemented to make your quality management system increasingly effective in achieving your own business goals. (ISO, 2005) Hence when an organization claims to be "ISO 9000 compliant", it means they conform to ISO 9001:2000. ISO 9001:2000 is now the only standard in the ISO 9000 family against whose requirements a companyââ¬â¢s quality system can be certified by an external agency. The standard classifies product into generic product categories: processed material, hardware, software and services required by the customer. The
Tuesday, August 27, 2019
Elements of Design Movie Review Example | Topics and Well Written Essays - 1000 words
Elements of Design - Movie Review Example It is also important to familiarize with the cast and the other important people that made the film a success in order to grasp the ideology within. The movie Safe House is a contemporary movie produced in the year 2012 and an analysis of the film explains certain aspects. This is a captivating action/drama movie with Scott Stuber as the production designer. One of the worldââ¬â¢s acclaimed movie directors, Daniel Espinosa, directed the movie. The movie creator incorporated the talent of art director, Jonathan Hely- Hutchinson to assist in his area of expertise. The cast of Denzel Washington alongside other widely recognized artists gave the production team of the movie a smooth time as it was dealing with professionals. Daniel Espisona being an acclaimed movie director took on his responsibilities as a director very well. His role in the various design aspects portrayed in the film was very clear. As a director, he had the authority to state his views on the intonation that the a ctors used on different sets. He was also responsible for overseeing the lighting of the various scenes in the movie in relation to the changes in environment that the actors played in. He also directed the actors on the manner in which to present themselves in front of the camera for greater perception of their talent. The production designer, Scott Stuber also did a very impressive job culminating to the captivating result of the film. He was very concerned with the high amount of competition that the film industry has had over the last couple of years and thus added some allure to get more fans. Scottââ¬â¢s role in the overall design project involved overseeing the presentation of each screenplay and delegating specific activities to the various people involved in each screenplay. He had the responsibility of identifying the visual aspects of the film to create a clear picture that could captivate the audience. Jonathan Hely- Hutchinson as the art director also had a very impo rtant role in the success of the film. His position in the general creation of the film was that below Scott Stuber. His job description involved receiving instructions from the production designer and implementing them. Each set in the movie had its individual designers and it was the responsibility of Jonathan to ensure that each of them had the required equipments to ensure that visual ground plan for each shot location was in order. To get a deeper understanding of the various roles that these artists play, it is important to focus on one scene in the movie and gain a perspective of all the constituents that made it a blockbuster. The plot of the movie is that one ex Central Intelligence Agency (CIA), Tobin Frost, receives a file that contains incriminating information about one major goon by the name Vargas. Vargas gets on his trail in an effort to kill him and retrieve the file that leads to the government offering protection for Frost in a safe house. An agent Weston who assi sts Frost escape after an attempted attack by Vargas guards the safe house. The two escape to discrete places in South Africa hoping that Vargas does not catch up with them. The scene to focus on is that of Cape Town Stadium (Espinosa, 2012). The lighting at the scene is unique in that it is very imperative to bring out the conditions in which the actors were. The two actors ran into the stadium as a haven where they could get away from the perpetrator chasing them. The lighting is
Monday, August 26, 2019
Compare 2 articles Article Example | Topics and Well Written Essays - 750 words
Compare 2 articles - Article Example They discussed topics concerning ways of reviving comparative education, nature and importance of comparative education, techniques of teaching comparative education, and popular forms of research in comparative education. He argued that first hand visitation was necessary in order to incorporate in comparative education study. Later on, he professionalized the society. By becoming professional, they wanted to be seen as a group of serious, scholarly-minded people with an elevated level of research, teaching, and publication (Brickman, 1968). He also made his own definition of comparative education. Moreover, he incorporated international education and comparative education under the domain of the history of education. He also opposed to the application of statistical and scientific tools in comparative education. Furthermore, Brickman dedicated most of his academic life to editing journals and various publications. Apart from editing different academic works, he advocated for making use of logics in assessing the arguments, claims, and reasons of individuals, as opposed to people themselves. Paulo Freire was born in Brazil in 1921 at Recife. His father was a successful banker who suffered bankruptcy due to the 1929 Wall Street crash. The familyââ¬â¢s financial problems forced them to move to the countryside where they lived the life of peasants. Freire spent the greater part of his life trying to liberate the oppressed. He did this by advocating for education that enhances critical thinking; opposing straight restrictions to freedom, and pointing toward liberation of students and teachers all over the world. In Pedagogy of the Oppressed, he draws attention to ideological or political duty of education. In this work, he brings out versatile themes such as dialogue, the banking concept of education, and oppressive education. Erwin Epstein and other individuals opposed Brickmanââ¬â¢s proposal of changing CES to CIES. Brickman had incorporated
Sunday, August 25, 2019
Week 4 team part of paper team a Essay Example | Topics and Well Written Essays - 750 words
Week 4 team part of paper team a - Essay Example The dangers of being sued pass through just about every single facet of the corporate world, and the enormity of prospective losses from suet can be significant. Even ignoring the indirect costs associated with lawsuits, they still represent over millions of dollars in fee opposition. Hence, the determination to report contingencies ought to be centered on the opinion of admission. For instance, as soon as the admission of an incident appends the material subject matter of the financial statements, it should be reported. Occasionally, a few variations of contingencies have the potential to result into self-fulfilling prediction. For instance, a common contend with contingency snag is the reservation of incorporating the potential loss from a litigation. The cash worth of the loss could be projected by consuming the estimated worth criteria, putting projected responsibility on the balance sheet could provide the plaintiff with supplementary confirmation of the organizationââ¬â¢s gu ilt. Admission of contingencies may perhaps decrease stock prices and can lead to litigations. Though, overall admission of contingencies ought to be of assistance in evading litigations as they guide stakeholders in developing accurate anticipations. When a contingent liability turns into a legitimate loss, the greatest impact on stock value ought to be in those situations that admissions were unsatisfactory or there was no admission. In the incident that the litigation is lost and it is prior to the fiscal year close, however prior to the financial statements being dispersed, the loss is accrued (the aftereffect of the litigation can be used to establish the amount) and turn into a liability on the balance sheet. At which point an admission in the comments section of the financial statements is proper. In the event that the lawsuit transpires following the fiscal year end, however prior to the financial statements are distributed and the loss is substantial,
Conflict in Macedonia Case Study Example | Topics and Well Written Essays - 2000 words
Conflict in Macedonia - Case Study Example However, after the passage of time, the Macedonian government began engaging in corrupt practices. Reports indicated that this government was linked to high profile Albanian criminals who engaged in smuggling as their specialty. Consequently, this government allowed illegal activities to go on without taking any action against the perpetrators. On top of that, the government was not able to make reforms yet these were needed urgently in the economic and social sectors. As a result, the latter government was eliminated in the 1998 national election. At that point, a coalition government got into power. This was the government that would then be responsible for the 2001 Macedonian conflict. The 2001 conflict occurred as result of mounting tension between the ethnic Albanian minorities and the other Macedonian ethnic groups. These tensions began as early as when the first government took power. At that time, the Albanians felt that they were not well represented in the parliament, armed forces and in the civil service. Consequently, they demanded for their rights. As if that was not enough, economic pressures took a toll on the inter-ethnic tensions. Smugglers from both sides' i.e. Albanian and Macedonian majorities were going about their activities and drugging the economy of the land. The situation was further aggravated by the fact that a neighbouring country; Kosovo was undergoing its own civil conflicts. Kosovo's civil conflict was between the Albanians and the Serbs. The overall result of this conflict was the creation of a quarter of a million Albanian refugees who found their way into Macedonia. Furthermore, the Kosovo Liberation Army set up base in Macedonia where they would send supplies into Yugoslavia. The overall outcome of this upon the local Albanian was the formation of militias. The latter had ammunition that would enable them to protect themselves against any potential attacks from the local ethnic Macedonian authorities. All these issues led to increased availability of weapons within Macedonia. (The BBC, 2001, news.bbc.co.uk) Weapons were also highly available owing to the fact that the prior government allowed gun smugglers into the country. Even actual government officials were responsible for that too. Some affected parties from Kosovo decided to use the Macedonian border as their storage area. On top of that, the smugglers were bribing government official in order for them to stay quite about what they saw. Due to increased corruption in the government, any individuals who voiced their complaints about this illegal trade were eliminated automatically. This availability of weapons and the mounting tensions between the two groups created a highly volatile situation. All that was needed was a small reason and a civil war would begin. (Wood, 2001b, p 12) A group known as the NLA (National Liberation Army) was largely responsible for these attacks. This was brought about by the fact they spread a lot of propaganda against the government of Macedonia. Besides that, the group was also responsible for lodging attacks against the police and the army. Their attacks were also spread out to public facilities that included railway lines and others. (Jovanovska, 2002, p 310) The main and direct participants in the conflict In early 2001, the ethnic minorities began taking over some villages in the areas near the Macedonian bo
Saturday, August 24, 2019
What is aggression Does watching violence in television, film and Essay
What is aggression Does watching violence in television, film and video games ake people more aggressive and more likely to commit violent acts in society - Essay Example The resulting changes in everyday social relations may lead to steady escalation in aggressive actions. Because of the powerful way in which the television media has focused on violent and antisocial behavior, the media deliberately misinforms, making the viewers fearful, suspicious and cynical. Because of its bias toward bad news, the media feeds a perception that the world is a violent, dangerous place. As a result, the viewers come to overestimate the rate of violence. With these images flashing in their minds every evening, the viewers become negative, mistrustful of others and withdrawn, and cease to believe in progress. Children, who are not mature enough to distinguish fantasy from real life, television from life on the street, come to assume that acts of violence are acceptable in real life and become incapable of making appropriate judgment calls in times of conflict. Children who are repeatedly exposed to entertainment violence are also more likely to see violence as an effective way of settling conflict. However, playing violent video games may be more detrimental than view ing violent television shows or movies because they are especially enthralling, interactive, and necessitate the player to associate on a personal level with the violent character of the game. Infamous events have generated extensive debate regarding the effects of video game violence. For example, a nationwide conversation ensued regarding what connection video games had to the 1999 Columbine High School (Littleton, Colorado, U.S.) massacre where two students murdered 13 and wounded 23 before killing themselves. While many motivations were likely involved, it is not possible to identify precisely what provoked these teenagers to shoot their classmates and teachers but violent video games have been mentioned as one possible contributing factor. The two students had often played
Friday, August 23, 2019
The Reasons Why Abortion should not be Legalized Essay
The Reasons Why Abortion should not be Legalized - Essay Example In some countries, abortion is illegal while it is recognized in certain countries. It is a fact that abortions have been carried out whether legally or illegally. However, this is a controversial topic since it is regarded as a serious moral issue which is often viewed as wrong. As such, this argumentative paper seeks to critique an op-ed paper by Antoni which is entitled, ââ¬ËAbortion should be legal.ââ¬â¢ Antoni takes a pro-abortion stance and argues that the choice should be left to the women to decide to have an abortion or not. Against this background, this paper is going to argue against abortion as suggested by Antoni since I strongly believe that abortion should be illegal. However, Antoni also suggests that abortion should be illegal. The paper will start by summarising the points made in this op-ed paper. The second part seeks to critique why abortion should not be legalized. A synthesis of the whole discussion will be carried at the end of the paper in order to arti culate the position taken by this writer in view of abortion. According to the op-ed article entitled ââ¬ËAbortion should be legal,ââ¬â¢ there are different reasons why women should be given the opportunity to terminate unwanted pregnancies. This view is also supported by Warton (6) who suggests that abortion should be seen as the last resort for women to gain control of their lives after horrific situations leading to their pregnancies they would have encountered. In some cases, pregnancy is a result of incest or rape and it is advocated that a woman should have a choice of terminating the pregnancy in such a situation. This is seen as a viable alternative of liberating women who would have been traumatized by the experience encountered that could have led to the pregnancy. In the event that the pregnancy is against the motherââ¬â¢s wishes and is beyond her control, I agree that abortion should be treated as the most viable option that can liberate the mother from the sad events leading to the unwanted pregnancy. Tribe (3) also concurs that rape amounts to the denial of liberty to the victim who may live with sad memories or trauma which negatively impacts on her well being. In such as situation, termination of the pregnancy can be advocated. In some circumstances, pregnancy can be terminated if it endangers the life of the fetus or the mother and I share the same view with this idea. It may not be a noble idea to have a deformed child as she may not enjoy the life of a normal human being. In some instances, if the life of the mother is endangered as a result of the pregnancy, it can be terminated at an earlier date to avoid complicating her health which can lead to death. The case of Jane Roe v. Henry Wade is one good example where the US Supreme court upheld that the Constitution of the United States should not permit the government to interfere with a womanââ¬â¢s right to opt for an abortion. However, the anti-thesis statement of this op-ed sug gests that abortion should not be legal because it is immoral. I strongly believe in this assertion given that there is no person with a right to end life. Even a fetus must be given the right to life since its life cannot be simply terminated as a result of the motherââ¬â¢s wrongdoing in some cases. Usually, a child does not apply to be born hence it is the responsibility of the parents to make sure that the child is given the chance to be born alive. It is also my belief that ending life is ungodly given that we are all created in the image of God hence no one should have the right to end life.Ã
Thursday, August 22, 2019
Animal testing Essay Example for Free
Animal testing Essay Animal testing is used for many products worldwide. Also animal testing is used for a wide range of things, such as items in houses and medicines. Many places test on animals, such as private facilities, universities, and government laboratories. A big debate in todayââ¬â¢s society is whether or not scientist should use animals for testing. Most of the animals die during or after the testing. Typing animal testing on images on the Internet it is most likely that gruesome images of rabbits, mice, cats, and dogs being used as test subjects will appear. Some people believe that animal testing has improved the world and continues to do so. They look, at the good side of what animal testing has done for humans. People want to make sure that the product that they are using is safe and wonââ¬â¢t affect them in a negative way. Most people believe that it is okay as long as the animal is put to sleep while being tested on and if the animals feel no pain then it doesnââ¬â¢t matter that they are being tested on. Most people think that since most people eat animals; why not use them for testing, which can help humans. But other people think that there are better ways to conduct these experiments. These people canââ¬â¢t stand the fact that millions of animals die because of testing. Haugen, David Animal Experimentation A lot of animal testing is used for cosmetics. Items such as mascara and shaving cream are common cosmetics. The most used animals for animal testing are rabbits, guinea pigs, and mice or rats. It is important for some people to know that their cosmetics were not used to harm animals. However, other people say that they would rather have their products tested by animals because they would rather be safe and to make sure that they wont be affected by the product in a negative way. Another main reason for animal testing is for medical research. Medical research has helped technology. Scientist, want to make sure that they are testing with the most current technology and at this moment its animals. The study of animals helps scientist understand better. Ways that Animal testing has helped medial research is that it has helped find a cure for breast cancer, leukemia, lung cancer, and many others. Now days it seems not ethical for humans to be tested on, but in the past people in mental hospitals or prisons have been used as ââ¬Å"guinea pigsâ⬠. In the past this behavior was acceptable. Humans that are tested subjects these days are able to speak up for themselves where animals are not capable of that. Most people that agree with animal testing have never been forced to do something that they didnââ¬â¢t have a say about and didnââ¬â¢t have rights. Darwin has showed that we share a common lineage with other animals, and a subsequent genetic research has shown the closeness of evolutionary links. This means that we are very similar to animal. Boines, The use of curari in a repository medium in the management of acute poliomyelitis. Most of the animals that are from the streets or animal shelters that are being used as test subjects. Scientists believe that if the animal is going to no use, then it should be used for testing. Some laboratories hire people to drive around to find animals on the street. Most people donââ¬â¢t believe that this is right because that animal could be someoneââ¬â¢s lost loving pet. In the past there have been cases of animals being stolen for testing and even trades happening for testing. Jmett, The student roos Animal testing has decreased. The main cause of it decreasing is that people have become more aware of it and what the side effects are to animals. Also a lot of people spend most of their time protesting against it and making other people aware of it. The push of stopping animal testing has affected businesses. For example cosmetic, companies have lost customers because the customers that believe that animal testing isnââ¬â¢t ethical donââ¬â¢t want to buy their pro ducts from a business that test on animals. This has pushed many large cosmetic companies to quit animal testing, but some of them donââ¬â¢t tell the complete truth. People have found that companies that say they are ââ¬Å"animal testing freeâ⬠usually have other companies test their products on animals for them. They can get away with having the other company willing to test for them because the companies that sell ââ¬Å"animal tested freeâ⬠products can get away with double or tripling the actual value because they know that customers want to see the words of animal tested free and then the company will share the profit with the other company that tested the products on the animals for them. n.p, A Critical Evaluation of Animal Research People read articles and the description of how they actually test the animal and it shocks them and they think that animal testing should be banned forever, but most of these people also donââ¬â¢t realize that animal testing has helped us with our medical research. Most people that have been sick or are close to someone that is seriously ill and animal testing is one of their only hopes for getting better; then they all of a sudden are all for animal testing. A big question is, ââ¬Ëis animal testing worth itâ⬠? Some people say no because more than half of the animals end up dying after testing. And the testing is usually for the humans and their bodies can react different than the animals, so most people believe that testing isnââ¬â¢t even worth it. The other side of the people believes that testing is worth it because even though animals die there is still progress in todayââ¬â¢s medical research. The more that animals get tested on the more we come closer to a better society. They believe that scientists need to start with something and that something is testing on animals. Botting, The history of thalidomide. Drug News Perspectives, Evaluation of the potential effects of ingredients added to cigarettes. Food and Chemical Toxicology, 40 There have been multiple cases where animal testing has affected animals differently than it affected the humans. When cigarettes first came out, they tested them by animals to see if they were safe. If they went by just what animal testing showed about cigarettes, it would be wrong. For animals to inhale cigarette smoke is okay and it wonââ¬â¢t harm them, where it would harm humans. Cigarettes also didnââ¬â¢t cause cancer in animals, which they actually do in humans. This shows that cancer is different for animals and humans. Another example is the drug Thalidomide, which was to help prevent nausea and morning sickness for pregnant mothers. Thalidomide was tested on many animals and all of the animals showed the drug as being safe and okay. The drug ended up being unsafe, which caused babies to be born with deformities. The main deformity from this drug caused ââ¬Å"flipper limbsâ⬠. This was when the legs and arms were really short and were joined at the hip and shoulder joints. The reason that all of the animals showed this drug to be safe was because the drug was not correctly tested. To be correctly tested they would have had to test the drug on pregnant animals to show accurate results, which shows another way that animal testing isnââ¬â¢t always effective and doesnââ¬â¢t always show the most accurate results. This is just two out of countless documents where animal testing failed to work. All the products were initially tested on animals and were thought to be safe for humans, but when given to humans, major consequences took place leading to deaths and deformities. Animal testing was disproven to be accurate in these tests. This leads people to believe that animal testing is not safe and that people shouldnââ¬â¢t always trust that animal testing would be accurate. Allanou, Public availability of data on EU high production volume chemicals. Some people believe that animal testing has slowed the process of medicine. They believe this because they think that scientists waste time by testing on the animals. They could waste time because some animals react diffe rent then humans and most animals end up dying. Others believe that it is worth the time and that great things can come out of animal testing, which is very true. Humans should be very thankful for what scientist have accomplished. Because of animal testing, scientists have been able to create medicines, vaccines, and insulin that can cure humans. Animal testing has also helped physicians. Animal testing has helped them by making it more accurate for them to perform surgeries, such as heart and lung surgeries. Testing has allowed doctors and scientists save many lives. ââ¬Å"Animal research has played a vital rise in virtually every major medical advance of the last century ââ¬â for both human and veterinary health. From antibiotics to blood transfusions, from dialysis to organ transplantation, from vaccinations to chemotherapy, bypass surgery and join replacement, practically every present day protocol for the prevention, treatment, cure and control of disease, pain and suffer ing is based on knowledge attained through research with lab animals.â⬠The Foundation for Biomedical Research. This makes people believe that if animal testing were to slow down then advancements in modern medicine would significantly slow down. There are about 450 ways to replace animal testing. For some reason many people believe that animal testing is the only option, but that its wrong. The reason we havenââ¬â¢t completely stopped testing on animals is because it would cost a lot of money to replace it, but in the long run it would probably save us money. Also, animals are easier to obtain in labs because scientist are so used to working with them. Itââ¬â¢s easy to keep their day-to-day habits instead of changing their whole research and starting over. Also people see that animals die everyday from being tested and they couldnââ¬â¢t imagine seeing humans die occasionally from being experimented with. The rate that society is going, animal testing will always happen, but as time goes by it will be improved and become more humane. Some people believe that animals do not feel pain. Scientists assume though that they do feel pain. An animal has a vertebra back bone just like humans, which leads scientist to believe that they have the same nerves as us. This means that the animals might feel the same or similar to what we feel. Some scientists do believe that if the animal is in intense shock from the testing it wonââ¬â¢t feel any pain. This information makes people aware of the effects of animal testing. Some people argue and say that instead of testing on animals test on humans because animals have no say in what happens to them as where humans have a voice and can speak up for themselves. The other side of the argument is that a humanââ¬â¢s life is more valuable than an animalââ¬â¢s. Humans are more advanced than an animal, which leads people to feel more compassionate about the human.Crawford The schizophrenic career of a ââ¬Å"monster drugâ⬠Some people view animals as equals to humans. The common thing that most people think is that humans are on a higher level than animals because humans have control over their lives and more characteristics, such as humans are more intelligent, creative, aware, technologically advanced, able to understand and speak an language, and able to make moral choices. These rights are what lead people to believe that humans are higher than animals, but the other side of the argument can prove this wrong in their own way. The other side of the argument says that since animals can feel pain they are the same equally as humans. People donââ¬â¢t think that humans and animals should be separated into different groups because they both suffer and can both die. People also point out that not all humans are capable of having all the characteristics that a normal human would have, such as infants or handicapped humans. These people that have less characteristics sometimes might even have less than an animal so an animal would be higher on power. Also since infants donââ¬â¢t have high levels of characteristics many Americans believe that they should be given equal power, which is the same power as a grown adult. They think this is right because their parents value them. But then that doesnââ¬â¢t work for pets if a human values them. This is very inconsistent it shows that life isnââ¬â¢t fair at times. But to be fair everything that is valued by an adult should have rights not just one half. One of the biggest issues that people use to defend animal testing is that the animals are going to die eventually anyway. They say that in nature animals would end up killing each other or dying of natural causes. This is very true, but the other side can argue and say that the way the animals are getting tested on is not ââ¬Å"naturalâ⬠. The animals end up dying, but a painful death that wasnââ¬â¢t planned to happen. Some humans torture other humans without their consent; such as rape and that it is looked down upon and is not acceptable in our society. Also people for animal testing say humans hunt the animals and kill them to eat, which is true. The other side states that itââ¬â¢s not the same because hunting is for a benefit to survive. They understand that animal testing could be for our benefit for example it can be good for medical research. Even though it can be beneficial, it still is different than hunting because animal testing can be a painful process for the animal and not every company uses it for benefits. LyonTobacco smoke and involuntary smoking, monographs on the evaluation of carcinogenic risks to humans. International Agency for Research on Cancer Most people are unaware that animal testing is actually beneficial to animals themselves. Animals need to have the best nutrient and if anyone has an animal as a pet more than likely the animal isnââ¬â¢t going to go out and hunt for its food in the wild, which would make sure it got all of its necessary nutrition. So to make sure the pet has the best nutrition it has to get all of it in its dog food that people buy at the store for them. To make sure all of the right nutrients is in the dog food and wonââ¬â¢t harm the animal scientists have to test the product on animals to get the best result. Scientists have also used animals for testing on worms, which is a medical problem for animals and have come up with a result that helps petââ¬â¢s lives. Most people agree that this is right because it is actually benefiting the animals and their lives werenââ¬â¢t just a waste. I believe that animal testing isnââ¬â¢t ethical. I am an animal lover, but itââ¬â¢s not just that. I disagree in what takes place in the labs. I believe that humans and animals are equally on the same level. So when you see an animal cramped up in a tight, small cage think to yourself what if they were one of your friends or a family member? These animals never get affection so I imagine what life would be like growing up as a child with no one there to support me or lead the way for me. Animal testing has been around for years and people are just now realizing that it is harmful. I also donââ¬â¢t believe that animal testing is accurate. Rabbitââ¬â¢s eyes are different than ours. Rabbits feel more pain in their eyes than humans and the pain effects them longer and it takes a long time for the substance that we put in their eyes to go away. A rabbitââ¬â¢s eye is ten times more reactant to hydraulic solution than our eyes. After the rabbits are tested on scientists wait 14 days until they clean the solution out of their eyes. Whenever Iââ¬â¢m in the shower and I get shampoo in my eyes I make sure that I clean them out right away, which is normal they shouldnââ¬â¢t have to have solution sitting in their eyes for two weeks when us humans cant even stand it for a minute. The rabbits are extremely affected by this test. The chemical causes swollen eyes, irritated and cloudy eyes, and inflamed skin around the eyes. Also they might endure ulcers, bleeding, or blindness. Once the test are finished the rabbits die. I believe most cosmetic companies are frauds. They say they are doing animal testing to make sure that the products are safe and that they care about their customers. In reality they just perform the animal testing so any customers donââ¬â¢t sue them. Many cosmetic companies say that the law requires them to perform test on animals to make sure their products are safe, but the companies donââ¬â¢t make that a law. So millions of animals suffer and die for selfish companies not wanting to get sued by their customers. I also believe that in the past when new products were first coming out it was okay because we didnââ¬â¢t even know how these products would affect anything. In general I think every cosmetic companies knows whatââ¬â¢s right and wrong for their customers. Works Cited Hansen, Allanou R. Public availibility of data on EU high productions volume chemicals. N.p.: Jont Research center, 1009. Print. American Practice. Boines, 3 May 2010. Web. 12 Oct. 2012. James, Botting J. The History of thalomide. N.p.: Food and Chemical Toxicoigy, 1991. Print. Lane, Crawford C. The schizophrenic carrer of a monster drug. N.p.: Pediatrics, 1993. Print.
Wednesday, August 21, 2019
Old Testement Summaries Essay Example for Free
Old Testement Summaries Essay Isaiah The book of Isaiah is of the Prophetic genre. The basic theme of this book is found in Isaiahââ¬â¢s name: ââ¬Å"Salvation Is of the Lord,â⬠Isaiah was one of the greatest prophets of the Bible. Isaiah Prophesized that the messiah would be born in Bethlehem by a virgin. Isaiah was called the ââ¬Å"evangelical prophetâ⬠because of his clear and detailed messianic prophecies. Isaiah spoke condemnation on the men in Judah because of their sins. In Isaiah God granted Hezekiah a fifteen-year extension of his life. Isaiah prophesized that Babylon would be judged and destroyed and Godââ¬â¢s people would be released from captivity. The last chapters of Isaiah speak on peace, prosperity, and how justice would prevail. It also speaks on how God will make all things new. Proverbs The genre of Proverbs is wisdom. Proverbs describes the importance of living wisely and in the fear of the lord as opposed to following the seduction path of evil. Proverbs basically is a book of knowledge and understanding of life. The purpose of Proverbs is for gaining wisdom and directions, for receiving instructions on doing whatââ¬â¢s right and just and fair. Proverbs tells us that the fear of the Lord is the beginning of knowledge. It also tells us to trust in the lord with all our hearts, and lean not on our own understanding; in all our ways acknowledge him, and he shall direct our path. Exodus The genre of Exodus is law. The theme of this book is that God reveals himself to his people and delivers them from slavery in Egypt to establish a covenant with them in the desert. This was done through Moses by the power of God through plagues. In Exodus reveals his name, his attributes, is redemption, his law and how he is to be worshiped. God departed the red sea allowing Israel to cross. The Egyptians followed and was destroyed in the red sea after God closed the sea. Judges The book of Judges is a narrative genre. The theme is in danger of losing the Promised Land; the Israelites are delivered again and again by God through leaders known as ââ¬Å"judges.â⬠The Israelites failed due to a lack of faith in God and a lack of obedience to him. In Judges God spoke to Moses from the burning bush, and promised to deliver the Israelites from enslavement. Sampson was destroyed due to his disobedience and due to his revealing his secret to Delilah. Daniel The genre of this book is Prophecy. The theme of Daniel is that God is sovereign over all kingdoms on earth. Daniel was one of the Prophets that found favor with God because of his faith, obedience and is belief in God. Daniel being a man of God was able to interpret the Kingââ¬â¢s dreams and visions. Shadrach, Meshach, and Abed-Nego refused to serve Nebuchadnezzarââ¬â¢s Gods and were thrown into the burning fiery furnace. but because of their faith in the Most High God was protected from the burning fiery furnish. Daniel was thrown into the Lionââ¬â¢s Den because he was worshipping God three times a day but because of his Faith in God, God closed the Lionââ¬â¢s mouth and Daniel used them as pillows.
Tuesday, August 20, 2019
La Bolsa De Valores De Colombia
La Bolsa De Valores De Colombia QUE ES UNA BOLSA DE VALORES Una bolsa de valores es un establecimiento, que puede ser pà ºblico o privado, autorizado por los gobiernos de los paà ses, en el cual se negocian (compran y venden) tà tulos valores como acciones, bonos, tà tulos de deuda pà ºblica etc. La negociacià ³n de los tà tulos la realizan personas autorizadas las cuales se denominan corredores de bolsa (|brokers en ingles). Los corredores de bolsa son intermediarios entre un vendedor y un comprador de tà tulos, generalmente representan a uno de à ©stos y negocian por orden de à ©ste. Por realizar esta actividad, los corredores de bolsa cobran una comisià ³n. Sà ³lo los corredores de bolsa autorizados pueden llevar a cabo las negociaciones. Existe una serie de exigencias y normas muy estrictas que los rigen tanto a ellos como a las empresas que deseen negociar sus valores en la bolsa. Lo anterior permite que los inversionistas (personas o empresas que quieran invertir dinero en tà tulos valores) sientan confianza y seriedad a la hora de negociar en la bolsa. Las bolsas, por lo tanto, se pueden considerar como un mercado centralizado y regulado (mercado que recibe el nombre de MERCADO BURSATIL. Este mercado le permite a las empresas financiar sus proyectos y actividades a travà ©s de la venta de tà tulos. Igualmente, permite a los inversionistas opciones de inversià ³n a travà ©s de la compra de los tà tulos. Existen bolsas de valores en muchos lugares del mundo: ciudades importantes como Nueva York, capitales de paà ses como es el caso de Londres o Tokio, etc. Es importante anotar que las bolsas se comunican entre sà . HISTORIA DE LA BOLSA DE VALORES DE COLOMBIA La Bolsa de Valores de Colombia (BVC), creada el 3 DE JULIO DEL 2001, es el à ºnico mercado de acciones y otros valores de Colombia organizado a travà ©s de la estructura de bolsa. Anteriormente operaban tres bolsas de valores independientes Bolsa de Bogotà ¡ (1928), Bolsa de Medellà n (1961) y Bolsa de Occidente (Cali, 1983) que se fusionaron para crear la BVC. Tiene oficinas en Bogotà ¡, Medellà n, Cali, Barraquilla y Pereira. El resto del mercado se organiza a travà ©s de sistemas centralizados de transaccià ³n de operaciones que no hacen parte de la Bolsa de Valores de Colombia. MISION DE LA BOLSA DE VALORES DE COLOMBIA Contribuir al crecimiento y desarrollo del mercado de capitales a travà ©s de la canalizacià ³n del ahorro hacia la inversià ³n productiva mediante la administracià ³n de mercados eficientes, transparentes, equitativos, competitivos, seguros y supervisados, en beneficio de emisores, inversionistas e intermediarios, y generar valor para sus accionistas mediante un adecuado equilibrio entre los objetivos de rentabilidad y el desarrollo de los objetivos de mediano y largo plazo. VISION DE LA BOLSA DE VALORES DE COLOMBIA En el 2015 la BVC serà ¡ el principal foro de negociacià ³n de activos financieros en el paà s, administrando un 55% del total transado en el mercado nacional. Para lograrlo, la organizacià ³n crearà ¡ valor para sus accionistas, trabajarà ¡ en conjunto con intermediarios y reguladores, ejecutarà ¡ procesos confiables orientados estratà ©gicamente hacia los resultados e incorporarà ¡ el mejor capital humano y tecnolà ³gico disponible. VALORES DE LA BOLSA DE COLOMBIA ïÆ' ¼ Excelencia o aquello que hacemos y cuando lo hacemos proactivamente bien. ïÆ' ¼ Liderazgo o el deber para crear un mejor futuro. ïÆ' ¼ Innovacià ³n o la imaginacià ³n y la creacià ³n. ïÆ' ¼ Orientacià ³n al mercado o el compromiso total con los clientes. ïÆ' ¼ Trabajo en equipo o la cooperacià ³n y el genio colectivo. ïÆ' ¼ Pasià ³n o la entrega de corazà ³n y razà ³n. ïÆ' ¼ Competitividad o en lo que participamos, ganamos. PRESENCIA INTERNACIONAL Contexto internacional Consciente de la responsabilidad como administradora de sistemas transaccionales a travà ©s de los cuales el mercado de activos financieros en Colombia realiza sus operaciones, la BVC mantiene un contacto permanente con las diferentes bolsas del mundo y organismos internacionales. El objetivo de su gestià ³n internacional es conocer y adelantar gestiones encaminadas a elevar la calidad de sus servicios y homologar sus actividades a està ¡ndares internacionales a travà ©s de instrumentos y mecanismos de negociacià ³n que tiendan a generar nuevas alternativas de inversià ³n y financiacià ³n en un escenario de seguridad y transparencia para todos los actores que en ella intervienen. A continuacià ³n, la BVC presenta un resumen sobre la actividad que adelanta con el Banco Interamericano de Desarrollo, BID, su vinculacià ³n y beneficios para Colombia al ser miembro de la Word Federation of Exchange, WFE y, finalmente como parte de la Federacià ³n Iberoamericana de Bolsas, FIAB. La presencia internacional de la BVC ante los organismos internacionales anteriormente citados, responde a la iniciativa de la BVC de integrar el mercado de valores colombiano para ofrecer nuevas alternativas de inversià ³n y financiacià ³n a los empresarios, inversionistas e intermediarios. Banco Interamericano de desarrollo BIP En abril de 2002 el Banco Interamericano de Desarrollo, BID, como administrador del Fondo Multilateral de Inversiones, Fomin, y la Bolsa de Valores de Colombia, BVC, firmaron un convenio de cooperacià ³n tà ©cnica no reembolsable para fortalecer el mercado de capitales nacional mediante el desarrollo de los siguientes proyectos. Bolsa de futuros y opciones Sus objetivos son la estructuracià ³n, diseà ±o operativo, adquisicià ³n de la plataforma tecnolà ³gica y puesta en marcha de una Bolsa de Instrumentos Derivados. En principio, esta bolsa operarà ¡ sobre contratos de divisas y tasas de interà ©s en pesos. Mà ¡s adelante, podrà ¡n transarse instrumentos sobre opciones y contratos basados en à ndices bursà ¡tiles y otros instrumentos de cobertura. à ¼ Cà ¡mara de compensacià ³n riesgo central de contraparte La Bolsa se apoya en servicios de consultorà a experta en el tema de buenas prà ¡cticas de gobierno corporativo, con el fin de evaluar, desear e implementar mejores prà ¡cticas en los emisores de valores en Colombia. Con base en los resultados de la evaluacià ³n, la BVC hoy realiza un programa de divulgacià ³n que permite promover los resultados del proyecto y redunde en mayor confianza de los inversionistas hacia los tà tulos emitidos por compaà ±Ã as con dichas prà ¡cticas. à ¼ World Federation of Exchanges, WFE La Bolsa de Valores de Colombia, BVC, desde octubre de 2003 hace parte de la Word Federation Exchange, organismo internacional que agrupa a las 56 Bolsas y mercados mà ¡s grandes del mundo, para ser miembro de la WFE, la BVC cumplià ³ con requisitos propios de la industria financiera en el mundo, que aseguran una operacià ³n y funcionamiento acorde con està ¡ndares internacionales. à ¼ Beneficios para la BVC al ser miembro de la WFE à ¼ El reconocimiento internacional que le permite a la BVC interactuar con las principales bolsas de mundo. à ¼ Posibilidad de acceder a foros de intercambio de conocimientos y experiencias de otras bolsas de valores à ¼ Participacià ³n en eventos, seminarios y congresos mundiales de interà ©s para el mercado, asà como acceder a los resultados o conclusiones que se generan en los mismos. à ¼ Afianzar los và nculos profesionales y comerciales con las Bolsas mà ¡s importantes del mundo ïÆ' ¼ A las Sociedades Comisionistas de Bolsa les beneficia en la medida que el mercado colombiano alcanza està ¡ndares internacionales y logra un reconocimiento global. à ¿Quà © es la World Federation of Exchanges? ïÆ' ¼ La World Federation of Exchanges (WFE) es la organizacià ³n comercial para las seguridades y los mercados derivados regulados, instituciones del establecimiento y cà ¡maras de compensacià ³n relacionadas, y sus diversos servicios a los mercados de capitales. ïÆ' ¼ La federacià ³n es una organizacià ³n internacional privada que abarca a los operadores mà ¡s importantes del mundo y con los niveles mà ¡s altos de la calidad de mercado. La organizacià ³n proporciona un foro para la comunicacià ³n, el anà ¡lisis y la discusià ³n entre sus miembros ïÆ' ¼ Asà mismo, compartir la experiencia y el conocimiento del negocio entre los miembros de la WFE es un factor crà tico para el desarrollo de la industria, aà ºn mà ¡s cuando los operadores de mercado financiero ofrecen servicios en un ambiente cada vez mà ¡s competitivo. ïÆ' ¼ Su propà ³sito es facilitar la representacià ³n, el desarrollo de mercados organizados y regulados, y resolver las necesidades de los mercados de capitales para ofrecer un mejor servicio a sus usuarios. La calidad de miembro de la federacià ³n es un criterio para que reguladores e instituciones nacionales de la gerencia de activos financieros permitan el acceso privilegiado para la inversià ³n INDICES BURSATILES 1. GINI Este à ndice nos permite conocer el nivel de concentracià ³n de la propiedad accionaria entre sus beneficiarios reales. Cuando se habla de concentracià ³n de la propiedad accionaria se dice que la mayor parte de las acciones en circulacià ³n de una organizacià ³n esta en manos de unos pocos accionistas. Este indicador busca llegar a la propiedad accionaria de las personas naturales como objetivo mismo del indicador, basado en que las personas naturales puedan ser propietarias en forma directa o indirecta a travà ©s de otras compaà ±Ã as. Cuando la propiedad de las empresas estas distribuida igualitariamente entre todo los accionistas, es decir, cuando hay total desconcentracià ³n, el resultado del GINI es cero y, por el contrario. Cuando la desigualdad o concentracià ³n de la propiedad es total, el indicador es uno. Su interpretacià ³n es bueno complementarla con la participacià ³n de la empresa en el sector respectivo. 2. à ndice de bursatilidad Accionaria (IBA) Mide la caracterà stica de una accià ³n basada en la facilidad para comprarla u ofrecerla en el mercado secundario. De acuerdo con la liquidez de la accià ³n y su negociabilidad se clasifica en alta, media, baja, minima y ninguna bursatilidad en una escala de 0 a 10. El calculo se basa en cuatro relaciones bà ¡sicas: el valor transado promedio por rueda, el numero de acciones transadas sobre el numero el numero de acciones en circulacià ³n, el numero de operaciones realizadas sobre el numero de ruedas realizadas y el numero de ruedas en que cotiza sobre el numero de ruedas realizadas. 3. à ndice de precios de la Bolsa de Bogota Es un indicador de la evolucià ³n de los precios de las acciones mas representativas que se transan en las Bolsas de Bogota. Su variacià ³n indica la tendencia al alza o a la baja de los precios de las acciones. Su objetivo como indicador no difiere de los utilizados a nivel internacional, sin embargo, diferente de estos por la forma de su cà ¡lculo al basarse en una canasta de acciones variable. (Guzmà ¡n V. Alexander, Pinilla S. Roberto Valero R. Luis, 2000, pp. 71-72). Esta canasta esta conformada por las vite acciones de mayor frecuencia de transaccià ³n en el mercado durante los à ºltimos dos aà ±os o 48 quincenas anteriores a la quincena correspondiente a la fecha del calculo. Su fecha base de calculo es el dà a dos de enero de 1991. Para su cà ¡lculo se multiplica el à ºltimo precio de cada accià ³n por un peso de ponderacià ³n. La sumatoria de estos veinte productos constituye el valor del à ndice del dà a. La ponderacià ³n es necesaria para minimizar la diferencia entre el precio real de una accià ³n y su valor calculado a partir del à ndice. Es importante advertir que todas las acciones tienen un valor nominal y mercados diferentes, que en algunos casos difieren en gran proporcià ³n. La ponderacià ³n tambià ©n es necesaria para que la participacià ³n de cada accià ³n dentro del à ndice guarde cierta proporcionalidad con su importancia en el mercado. La ponderacià ³n se basa en la cantidad de acciones negociadas de cada empresa en los à ºltimos tres meses. Este modelo se basa en ajustes quincenales de los pesos de ponderacià ³n y se cuenta con mecanismos matemà ¡ticos de ajuste para disminuir cambios bruscos en los pesos de ponderacià ³n de las acciones. El objetivo de estos ajustes busca que los cambios en el indicador obedezcan en mayor parte a cambios en los precios en las acciones. El modelo tiene en cuenta los cambios en el valor nominal de las acciones (Split) y la adicià ³n o retiro de compaà ±Ã as. Para este caso se debe reprocesar la informacià ³n histà ³rica de tal suerte que siempre sea comparable. No incluye en su cà ¡lculo correcciones por aumento de acciones en circulacià ³n. Su presentacià ³n en el mercado se hace diariamente junto con la grafica del comportamiento de los à ºltimos dos meses y de las à ºltimas cincuenta semanas. Su cà ¡lculo se efectà ºa para tres sectores tres subsectores de actividad econà ³mica. (Pinilla S. Roberto ââ¬Å"y otrosâ⬠, 2000, pp. 73-74). TIPOS DE à NDICES BURSà TILES: 1. Capitalizacià ³n Bursà ¡til: Pretende reflejar el comportamiento en los precios de las acciones del à ndice, ponderando cada especie dentro de este de acuerdo con el tamaà ±o de la compaà ±Ã a en tà ©rminos de capitalizacià ³n bursà ¡til: Capitalizacià ³n Bursà ¡til: Corresponde al valor total del patrimonio de una empresa, segà ºn el precio al que se cotizan sus acciones. Capitalizacià ³n Ajustada: Proporcià ³n de la compaà ±Ã a, diferente de lo que se encuentra en manos de inversionistas con interà ©s de control (Flotante). 2. Liquidez o Rentabilidad: El objetivo de este tipo de herramientas es representar el comportamiento en los precios de las acciones de un à ndice, dà ¡ndole un peso a cada especie de acuerdo a sus niveles de liquidez. 3. Precios: Los à ndices de precios radican su metodologà a de cà ¡lculo en la sumatoria aritmà ©tica de los precios de las acciones que componen la canasta. Estos à ndices no son tan comunes y su funcià ³n es particularmente las mismas descritas en los casos anteriores. BVC, à ndices Bursà ¡tiles. Extraà do el 17 de noviembre de 2009 desde http://www.bvc.com.co/pps/tibco/portalbvc/Home/Mercados/descripciongeneral/indicesbursatiles INDICE ACCIONARIO IGBC El à ndice General de la Bolsa de Colombia mide de manera agregada la variacià ³n de los precios de las acciones mà ¡s representativas del mercado. El objetivo principal es representar las variaciones del conjunto de acciones mà ¡s transadas de una manera fiel, de tal forma que cumpla el requisito de replicabilidad, es decir que a partir del mismo se pueda conformar un portafolio con las acciones del à ndice, base fundamental para la construccià ³n de productos derivados. El à ndice general se calcularà ¡ en cada instante de las negociaciones, y el valor definitivo del dà a serà ¡ calculado 30 minutos despuà ©s del cierre del mercado. Asobancaria, Extraà do el 18 de Noviembre de 2009 desde http://www.asobancaria.com/glosario.jsp?accion=2id=28 INDICE ACCIONARIO DE CAPITALIZACION BURSATIL (COLCAP) COLCAP es un indicador que refleja las variaciones de los precios de las 20 acciones mas liquidas de la (BVC), donde el valor de Capitalizacià ³n Bursà ¡til ajustada de cada compaà ±Ã a determina su nivel de ponderacià ³n1. I k (t )= E Wi Pi (t ) i Capitalizacion Ajustada: Se determina como el porcentaje de la compaà ±Ã a que no se encuentra en poder de accionistas con situacià ³n de control dentro de la compaà ±Ã a. Una compaà ±Ã a entre mayor capitalizacià ³n ajustada tenga, mayor serà ¡ su participacià ³n en el à ndice. Siendo la mà ¡xima participacià ³n el 20%. INDICE ACCIONARIO DE LIQUIDEZ (COL20) COL20 es un indicador de rentabilidad o de liquidez que refleja las variaciones de los precios de las 20 acciones mas liquidas de la (BVC), donde el nivel de liquidez de cada compaà ±Ã a determina su ponderacià ³n. BVC, Extraà do el 17 de noviembre de 2009 desde http://www.bvc.com.co/pps/tibco/portalbvc/Home/Mercados/descripciongeneral/indicesbursatiles?com.tibco.ps.pagesvc.action_Edicion.pdf Tabla 1 IGBC COL20 COLCAP TIPO DE INDICE Liquidez Liquidez Capitalizacià ³n Bursà ¡til SELECCIÃâN CANASTA Liquidez: Variables Definidas Liquidez : A travà ©s de una Funcià ³n de Liquidez PONDERADOR Nà ºmero de acciones transadas Nivel de liquidez Nà ºmero de acciones determinadas en el à ºltimo aà ±o como Capitalizacià ³n Ajustada NO DE ACCIONES Variable 20 20 ACCIONES POR EMISOR Segà ºn el numero de especies seleccionadas Un solo emisor agregado Un solo emisor agregado PARTICIPACION No hay limite 20% 20% MAXIMA POR EMISOR REBALANCEO Trimestral Trimestral Trimestral Tomada de BVC elaborada por el autor LA BOLSA DE TOKIO . Es la segunda bolsa de valores mà ¡s grande del mundo y està ¡ destinada a la negociacià ³n en exclusiva de las acciones y valores convertibles o que otorguen derecho de adquisicià ³n o suscripcià ³n. Los principales à ndices de la Bolsa de Tokio son el Nikkei 225, à ndice de compaà ±Ã as elegidas por el Nihon Keizai Shimbun (el perià ³dico de negocios mà ¡s grande de Japà ³n), el TOPIX y el J30 (à ndice de grandes compaà ±Ã as industriales). El sistema de negociacià ³n utilizado se denomina CORES (Computer assited Order Routing and Execution System). * 15 de mayo de 1878 La Bolsa de Tokio es fundada. * 1 de junio de 1878 Comienza el comercio. * 30 de junio de 1943 11 bolsas en todas partes de Japà ³n (Incluyendo al TSE) fueron unificadas en una corporacià ³n casi-pà ºblica al servicio de los intereses industriales y militares del imperio. * 10 de agosto de 1945 El empeoramiento de las condiciones de guerra y los ataques aà ©reos a la isla principal de Japà ³n, forzaron al mercado de valores a suspender sus sesiones de comercio sobre todos los mercados de valores. * Segunda Guerra Mundial Despuà ©s de la Segunda Guerra Mundial, en marzo de 1947, se promulgà ³ la Ley de Valores y Mercados japonesa que es el marco regulador actual. * 16 de mayo de 1949 Se reinician las sesiones comerciales tras la guerra, bajo el patrà ³n regulador adoptado en 1947 por la Bolsa de Tokio. * 1971 La bolsa de Tokio adoptà ³ el sistema de anotaciones en cuenta para acciones. * 1973 Se determina la seccià ³n de accià ³n extranjera. * 1982 Introduccià ³n del sistema CORES (Computer assited Order Routing and Execution System), con lo que comenzà ³ la transformacià ³n del mercado de corros en el mercado informà ¡tico que conocemos hoy, uniendo los cinco mercados japoneses en un moderno mercado continuo. Formas de negociacià ³n: Fijacià ³n del precio La Bolsa de Tokio, como cualquier otro mercado de valores del mundo, tiene como cometido poner en contacto oferta y demanda con el fin de establecer precios competitivos. Y para alcanzar este objetivo las diferentes bolsas recurren a distintos mecanismos y formas de negociacià ³n. En la TSE, podemos distinguir tres ââ¬Å"reglas de juegoâ⬠diferentes, de acuerdo al momento y las condiciones que se està ©n dando. Estas tres formas son: Itayose, Zabara y las subastas. * Itayose: Este sistema su utiliza para fijar precios de apertura y cierre de cada una de las dos sesiones diarias y para fijar el nuevo precio inicial tras una parada de negociacià ³n (trading hault). El à ºltimo caso en que se usa es para fijar un precio tras una cotizacià ³n especial (special quote).Bajo este sistema todas las à ³rdenes que se introducen en el libro registro de anotaciones se tratan como simultà ¡neas, es decir que se suprime la prioridad de tiempo. Como se calcula este precio de equilibrio, es algo que viene determinado por el volumen agregado de à ³rdenes de compra y venta que existen. De hecho, el precio que resulta de una negociacià ³n con el mà ©todo Itayose serà ¡ aquel que equilibre en mayor medida oferta y demanda, ejecutando las à ³rdenes de compra/venta con precios superiores/inferiores al de equilibrio. * Zaraba: Es el mà ©todo de fijacià ³n de precios que se usa en la negociacià ³n continua de la sesiones. Es la ejecucià ³n habitual de las à ³rdenes de oferta y demanda tras la fijacià ³n del precio inicial.A medida que nuevas à ³rdenes llegan al libro registro, estas se agregan a las ya existentes y se ejecutan si procede, o se almacenan en espera de ser ejecutadas. * Subastas (ToSTNeT-1 y ToSTNeT-2): Estos dos mecanismos fueron introducidos en 1997 y 1998 respectivamente y son bà ¡sicamente sistemas electrà ³nicos de negociacià ³n en subastas y tienen como fin facilitar el comercio de grandes volà ºmenes de acciones. Este tipo de negociacià ³n esta restringida a las acciones domà ©sticas. Para estas negociaciones existen tres sesiones diarias: 8:20-9:00AM, 11:00-12:00PM y de 15:00-16:30PM. Liquidacià ³n y compensacià ³n Las tareas de compensacià ³n y liquidacià ³n resultantes de las operaciones de mercado, son llevadas a acabo por dos empresas independientes. La compensacià ³n, es decir, el balanceo individual de cada agente que determina la cantidad de acciones que al final de la jornada compra, vende y guarda, lo realiza la corporacià ³n JSCC o Japan Securities Clearing Corporation. Esta empresa es comà ºn a las seis bolsas niponas, ya que las seis està ¡n interconectadas. Por lo tanto, su trabajo es determinar los saldos y movimiento de acciones entre las diferentes partes y agentes y transmitir esa informacià ³n a los liquidadores. La liquidacià ³n es el traspaso efectivo, el cambio de manos, de unos individuos, (vendedores) hacia otros (los compradores). Las funciones propias de la liquidacià ³n son llevadas a cabo por la empresa JASDEC o Japan Securities Depository Center. Inc. Y estas funciones son: * Custodiar los saldos de acciones de los agentes participantes, y ejecutar las transferencias de unos a otros de acuerdo a las anotaciones en cuenta y a la informacià ³n que le suministra l JSCC. * Otorga los permisos para la posesià ³n directa de acciones. * Eliminar los riegos de comportamiento oportunista inherentes al intercambio. * Asegurar el crà ©dito de los participantes. Establecer garantà as en caso de incumplimiento o impago. Paternoster Square. LSE ocupa el edificio de la derecha. LA BOLSA DE LONDRES (London Stock Exchange-LSE) es la bolsa de valores localizada en Londres, Inglaterra. Fue fundada en 1801, y actualmente es una de las bolsas de acciones mà ¡s grandes del mundo. Muchos de sus valores son internacionales pero cuenta tambià ©n con numerosos valores de compaà ±Ã as brità ¡nicas. Sus actuales instalaciones està ¡n situadas en Paternoster Square, cerca de la catedral de San Pablo, en la ciudad de Londres. Origen del comercio de valores El comercio de valores comenzà ³ para financiar dos viajes: el intento de la Compaà ±Ã a de Moscovia de llegar a China cruzando el Mar Blanco al norte de Rusia, y el viaje de la Compaà ±Ã a Brità ¡nica de las Indias Orientales a la India. Al no ser capaces de financiar tan costosos viajes con su propio capital, las compaà ±Ã as recaudaron dinero vendiendo parte de sus valores a mercaderes, concedià ©ndoles a cambio una parte de los beneficios de la compaà ±Ã a. La idea pronto tomà ³ fuerza y se calcula que para 1695 habà a mà ¡s de 140 empresas que comerciaban con sus propias valores. El comercio de valores se concentrà ³ principalmente en una zona de Londres llamada Exchange alley o Change alley, que era un pequeà ±o callejà ³n de una zona residencial de Londres. Dicha zona concentraba numerosos cofee shops, y principalmente en dos de ellos se centrà ³ el comercio de acciones: el Jonathans y el Garraways. El broker John Castaing publicaba una lista del precio de los valores a la que llamaron El curso del intercambio y otras cosas en dichos cofee-shops. Licencias para los brokers Algunos brokers, usando informacià ³n confidencial que no estaba al alcance del pà ºblico, realizaban prà ¡cticas poco à ©ticas. Para evitar este tipo de sucesos, en 1967 se creà ³ una ley que obligaba a todos los brokers a adquirir una licencia y a jurar un pacto en el que indicaban que serà an justos y legales en la compra-venta de valores. El South Sea Blue El Change Alley prosperà ³ durante varios aà ±os, aunque esto cambio cuando sufrià ³ un revà ©s en el aà ±o 1720. Habà a una empresa llamada el South Sea Blue, que habà a sido creada entre el Gobierno y John Blunt. Dicha empresa habà a causado una gran excitacià ³n entre los brokers. La empresa llevaba nueve aà ±os no siendo rentable, y el Gobierno quiso vender valores para poder hacer frente a la deuda acumulada. Los valores salieron a subasta a 128à £, pero rà ¡pidamente alcanzaron el valor de 1050à £ en apenas 6 meses. La burbuja inevitablemente explotà ³, haciendo caer los valores a 124à £. El suceso creo un clamor popular, lo que obligà ³ al gobierno a modificar la legislacià ³n para prevenir futuras burbujas como à ©sta. El mercado de valores tardà ³ mucho tiempo en recuperarse de este evento. Threadneedle Street y Capel Court El cofee-shop Jonathans se quemà ³ en 1748, y si aà ±adimos el creciente hacinamiento en la zona del Change Alley, provocà ³ que los brokers construyeran un nuevo Jonathans en la calle Threadneedle Street, y empezaron a cobrar por la entrada. El edificio rà ¡pidamente cambio su nombre por Bolsa de valores, y en 1801 volvià ³ a cambiar su nombre a Habitacià ³n de subscripcià ³n de valores tras entrar en vigor la nueva legislacià ³n. Aun y todo esto no parecà a suficiente, por lo que se trasladaron al recià ©n construido Capel Court. La bolsa se recuperà ³ cerca del aà ±o 1820, con el crecimiento de las industrias del ferrocarril, minerà a, canales y seguros. Rà ¡pidamente empezaron a crearse otras bolsas a lo largo del reino unido, y se aà ±adià ³ el comercio de bonos a la de los valores. Lema Su lema fue creado en 1923. En latà n es Dictum meum pactum, que se puede traducir como ââ¬Å"Mi palabra es mi pactoâ⬠,[1] haciendo referencia a que habà a que cumplir con lo que cada uno habà a dicho BOLSA DE VALORES DE NEW YORK La Bolsa de Valores o Bolsa es una organizacià ³n financiera donde las mercancà as de las compaà ±Ã as y otros valores son negociados. Los valores negociados enla bolsa incluyen acciones emitidas por las compaà ±Ã as, unidades de consorcios y bonos o certificados de inversià ³n. En el foro de la Roma antigua ya existà a una prà ¡ctica similar al mercado bursà ¡til. Hasta 1487, el comercio a travà ©s de documentos se realizaba en exteriores, en las calles y aceras. Entonces, en la ciudad de Brujas, actualmente Bà ©lgica, la casa de Van Der Bursen comenzà ³ a utilizarse como locacià ³n diseà ±ada para la negociacià ³n de mercancà as. La Dutch East India Company fue la primera compaà ±Ã a que emitià ³ acciones y bonos en 1602 en la bolsa de cambio de Amsterdam. La bolsa de cambio de Londres se establecià ³ en la ciudad en 1690. Los mercados bursà ¡tiles de Parà s y Nueva York no se crearon hasta el siglo XVIII. El celebrado Wall Street, en Manhattan, abrigà ³ el centro de operaciones de la Bolsa de Valores de Nueva York en 1792. La Bolsa de Valores de Nueva York (New York Stock Exchange, NYSE) junto a NASDAQ (North American Securities Dealers Automated Quotations) y AMEX (American Exchange) son probablemente los à ndices de intercambio mercantil mà ¡s importantes del mundo. La crisis mà ¡s importante del mundo capitalista ocurrià ³ el 29 de Octubre de 1929. La Bolsa de Valores de Nueva York tenà a 13 millones de acciones para vender pero solo un pequeà ±o grupo de compradores. Consecuentemente, los precios de las acciones cayeron generando un caos catastrà ³fico enla bolsa de Nueva York. Miles de bancos, industrias y compaà ±Ã as rurales se fueron a la bancarrota y al menos 12 millones de norteamericanos quedaron sin empleo. Tratando de enfrentar la crisis, los Estados Unidos redujeron fuertemente las compras en el extranjero y suspendieron todos los prà ©stamos internacionales, extendiendo la crisis por todo el mundo. En los à ºltimos 50 aà ±os, sin embargo, las grandes corporaciones han dominado la economà a americana y han asumido dimensiones globales (GMC, Coca-Cola, General Electric, Ford, Exxon, IBM, Microsoft, ATT, etc.) Debido a la competencia y para complacer a la gente comà ºn, las corporaciones han creado la posibilidad de que cualquier americano pueda comprar acciones. En la actualidad, mà ¡s del 60% de las familias americanas reservan una parte sustancial de sus ahorros para invertirlos en mercancà as y acciones. La Bolsa de Nueva York (New York Stock Exchange, NYSE, en inglà ©s) es el mayor mercado de valores del mundo en volumen monetario y el primero en nà ºmero de empresas adscritas. Su masa en acciones fue superada por la del NASDAQ [1] durante los aà ±os 90, pero el capital de las compaà ±Ã as listadas en la NYSE es cinco veces mayor que en el NASDAQ. La Bolsa de Nueva York cuenta con un volumen anual de transacciones de 21 billones de dà ³lares, incluyendo los 7,1 billones de compaà ±Ã as no estadounidenses. Sus antecedentes se remontan a 1792, cuando 24 comerciantes y corredores de Nueva York firmaron el acuerdo conocido como Buttonwood Agreement, en el cual se establecà an reglas para comerciar con acciones. Fue creada en 1817, cuando un grupo de corredores de bolsa se organizaron formando un comità © llamado New York Stock and Exchange Board (NYSEB) con la finalidad de poder controlar el flujo de acciones que en aquellos tiempos se negociaban libremente y principalmente en la acera de Wall Street. En 1863 cambià ³ de nombre por el de New York Stock Exchange (NYSE), nombre que conserva hasta nuestros dà as, y se establece en Wall Street esquina con Broad Street dos aà ±os despuà ©s. En 1918, despuà ©s de la Primera Guerra Mundial, se convierte en la principal casa de bolsa del mundo, dejando atrà ¡s a la de Londres. El jueves 24 de octubre de 1929, llamado a partir de entonces el Jueves Negro, se produjo una de las mà ¡s grandes caà das en esta bolsa, que producirà a la recesià ³n econà ³mica mà ¡s importante de los Estados Unidos en el siglo XX, la Gran Depresià ³n. Actualmente es administrada por el NYSE Group, que fue formado con la fusià ³n de NYSE y Archipielago Holdings, una bolsa de valores electrà ³nica. NYSE Group cotiza actualmente en su propia bolsa de valores. En 2007 formà ³ junto a la bolsa europea Euronext: NYSE Euronext. SISTEMA FINANCIERO COLOMBIANO Composicià ³n Se Compone principalmente de instituciones financieras (bancos, corporaciones financieras) y las entidades de control (Superintendencia Bancaria) en funcià ³n de la captacià ³n de recursos (el ahorro) del publico. Tambià ©n se puede decir que hace parte del sistema, la financiacià ³n que se otorga a los emisores de valores a trabes del mercado publico de valores colombiano. Por lo tanto se reconoce la participacià ³n de los comisionistas de bolsa y la superintendencia de valores. 1. Marco Regulatorio La constitucià ³n polà tica faculta al congreso de la Republica, para que este expida leyes de carà ¡cter general en las cuales se indiquen los objetivos y criterios a los cuales debe sujetarse el gobierno al momento de expedir las normas que regulan las actividades financieras y bursà ¡tiles. La superintendencia Bancaria y la superintendencia de valores entidades que pertenecen a la rama ejecutiva del poder publico pero con facultades reguladoras en virtud del fenà ³meno de ââ¬Å"deslegalizacionâ⬠, contante expide circulares y resoluciones que regulan el detalle de la actividad financiera. El Banco de la Republica como autoridad monetaria y cambiaria por expresa disposicià ³n expide las normas referentes al encaje de las tasas de interà ©s y de igual forma las normas cambiarias. La primera por obligacià ³n aplicable a los establecimientos de crà ©dito con relacià ³n a la restriccià ³n de circulante y la segunda en desarrollo de su labor de intermediario del mercado cambiario. Sistema financiero en le cual en el cual hacen parte varias instituciones financieras, com
Monday, August 19, 2019
Essay --
ii. The ICC and Restorative Justice The recognition of victimââ¬â¢s rights as an integral part of the ICC is exemplified in the Preamble of the Rome Statute, which declares that the ICC was created, in part, in recognition of the fact that ââ¬Å"during this century millions of children, women and men have been the victims of unimaginable atrocities that deeply shock the conscience of humanity.â⬠However, the ICCââ¬â¢s recognition of victimââ¬â¢s rights does not go towards the effectiveness of the ICC at achieving the victimââ¬â¢s goals. The ICC cannot effectively achieve the goals of restorative justice because of: (1) itââ¬â¢s inflexible demand for Western methods of adjudication; and (2) its inherent emphasis on societal rehabilitation as opposed to individual rehabilitation. First, the ICC places an unabated amount of pressure on the demand for a criminal prosecution in the context of a courtroom. The Preamble and Article 1 of the Rome Statute sets forth an important restriction on power of the ICC: it ââ¬Å"shall be complementary to national criminal jurisdictions.â⬠A case will be considered inadmissible when it is ââ¬Å"being investigated or prosecuted by a State which has jurisdiction over itâ⬠or ââ¬Å"has been investigated by a State which has jurisdiction over it and the State has decided not to prosecuteâ⬠¦Ã¢â¬ The question most often posed by commentators is: can non-prosecutorial measures demonstrate ââ¬Å"an intent to bring the person concerned to justice?â⬠In the trial against Congolese warlords Germain Katanga & Mathieu Ngudjolo Chui, Katangaââ¬â¢s defense counsel challenged the admissibility of the case. The Trial Chamber offers two interpretations of the word ââ¬Å"unwillingnessâ⬠as used in Article 1 7: (1) unwillingness ââ¬Å"motivated by the desire to obstruct the course o... ...avior, i.e. laws, prosecutions support societal rehabilitation by influencing the moral values of that society. Such societal rehabilitation can inoculate the population against lapses into oppressive behavior and repressive regimes. However, prosecutions do not attempt to rehabilitate or change the moral values of the perpetrator, or individual victims. This is primarily brought about by the challenge to balance the goal of restorative justice with the interests of efficiency and fairness. Also, the remoteness of the ICC may play a role in its inability to serve as a rehabilitative function for individuals. Prosecutions at The Hague builds further distance between the conflict and those who participated in and were victims of it. The empirical weight of the ICCââ¬â¢s geographic remoteness has been long disputed; however, no conclusive determinations have been reached.
Deliberate Alienation: Surrealism and Magical Realism Critical thinking
Deliberate Alienation: Surrealism and Magical Realism Critical thinking is a terrible thing. At least, that seems to be a popular opinion. We live in an age where people are willing to look to anyone but themselves for advice on what they should think. Rather than figure out what their own opinions are, they trust the thinly-veiled slant of the television newscasters, the politics-masquerading-as-reporting of magazines like Time and Newsweek. There are fashion shows and magazines that tell you what you think is stylish. Children in grade school and high school are actually discouraged from thinking differently from their peers or from their teachers. Even television commercials or assigned readings in school that encourage positive behavior are only promoting this phenomenon of mental laziness: whether people are told to think good things or told to think bad things is unimportant; either way they're still not doing their own thinking. Lest we become a culture of zombies, it seems important somehow to stop this disturbing trend. But how to combat this kind of apathy? Any appeal to the brain-dead must require them to use that very organ which they are allowing to atrophy. Perhaps some shock therapy is in order. There's a reason our language contains the phrase "to slap some sense into" someone. I propose that the best way to cure such mental apathy is to attack it. By presenting the individual with an apparent reality which contradicts or prevents what s/he is familiar or comfortable with, one would force him/her to spend the necessary cognitive effort to correct or reconcile the discrepancy, or risk existing in an utterly absurd, impossible, and nonsensical world. Purposely inducing cognitive dissonance may be the best... ...e Old Man and the Wormhole." Available online: http://justice.loyola.edu/~mcoffey/ce/wormhole.html , May 9, 2000. Beckett, Samuel. Waiting For Godot. (New York: Grove Press, 1956.) Borges, Jorge Luis. Ficciones. (New York: Grove Press, 1962.) Garcà a Mà rquez, Gabriel, trans. Gregory Rabassa. One Hundred Years of Solitude. (New York: Harper & Row, 1998.) Magritte, Renà ©. Painting: Le Prà ªtre Marià © (The Married Priest). 1961. Available online: http://www.magritte.com/3_detail.cfm?ID=253 , May 9, 2000. O'Brien, Dan. "Borges Rides the Cyclone." In Ketchin, Susan, and Neil Giordano, eds. 25 and Under/Fiction. (New York: W. W. Norton and Company, 1997.) Sartre, Jean-Paul, trans. S. W. Allen. Black Orpheus. (Paris: Prà ©sence Africaine, 1948.) Sartre, Jean-Paul, trans. Lloyd Alexander. The Wall. (New York: New Directions Publishing Corporation, 1975.)
Sunday, August 18, 2019
The fed under alan greenspan Essay -- essays research papers
Bankers prior to the establishment of the Federal Reserve would establish lines of credit with larger banks. In the event of a run, the smaller bank would draw on the line of credit. In times of panic, large numbers of depositors would demand to withdraw their money, and only the largest Wall Street banks, with millions of dollars in reserve, could guard against this. In the early twentieth century, people were running to withdraw all their cash from their accounts, this may seem dramatic, almost theatrical to people today. Nevertheless, to people living in an economically unstable society, they were an expected occurrence. The banks were independent rivals, the amount of currency in circulation was fixed, and there was no element of trust between the depositor and the bank. However, in an attempt to avoid bank runs, they were storing their money for the inevitable, which meant they did not lend any money out, bringing the economy to a standstill. The credit system of the country ha d ceased to operate, and thousands of firms went into bankruptcy. Something had to be done that would provide for a flexible amount of currency as well as provide cohesion between banks across the United States. A large regulated bank, like the Federal Reserve, could make this happen which was to establish banks as a united force working for the people instead of independent agencies working against each other. By providing a flexible amount of currency, banks did not have to hoard their money in fear of a bank run, so there was no competitive edge to see who could keep the most currency on hand and a more expansionary economy was possible. President Wilson passed the Federal Reserve Act into law December twenty-third, nineteen thirteen, which created the Federal Reserve System and converted central banking into a government monopoly. All nationally chartered banks were required to maintain reserves with a regional Federal Reserve Bank. The regional reserve banks would be managed not for profit and in the "public interest," by political appointees. The Act divided the country into twelve districts, each district with its own banking "center." The banks within each district were then divided up with respect to size, so that small banks, medium banks, and large banks all have the same voting power. An appointed board of governors would oversee all bank operatio... ...coming out of a recession in the beginning of the twenty first century, the Fed had heavily dropped the interest rate to counter the increase in unemployment and jump-start the economy to meet its goal of a steady rate of economic growth. As the economy reacted to the low interest rate in expanding, the Federal Reserve has begun to raise interest rates accordingly. The Federal Reserve should continue to monitor the growth of the economy and not be shy in continuing to raise interest rates to prevent an over zealous economy. With a constant increase in the interest rates, The United States economy is slowing down by not investing as much, as well the consumer market is slowing down for the expected rise in interest rates. The economy has had its difficulties, and the Federal Reserve has done the best it could to handle it. The Fed has to understand that there is no one causes to a problem, and not handling the problem correctly may lead to an even bigger problem. As time progresse s, the Federal Reserve should acknowledge that controlling the economy is a learning experience, and what was used in the past to solve a recession is nothing more than a good place to start in the future.
Saturday, August 17, 2019
Agribusiness
Agribusiness as a way of life Agribusiness for me is a systematic structure of well coordinated and oriented subsystems which makes the agriculture stable. Agribusiness can be viewed as a system, in which it compose of many subsystems. In agriculture where crops are cultivated to produce crops, the agribusiness plays an important role to distribute those crops in proper places at high value. Well, we all know that agriculture doesn't only involve in crops but also in poultry and livestock, fishery and forestry.It also plays an important role of the daily lives of the people, where the incessant interaction and circulation of commodities is discerned. Without Agribusiness, goods and services will not be delivered to various consumers and the needs and wants of the people cannot be attained. Agribusiness is tantamount to open system which composes of various subsystems. And in order for the system to be viable, its subsystem should also be viable. Any system has its own gaps and weakne sses that may lead the whole system to collapse.And it is obvious that to prevent the whole system to collapse, the operation of each and every subsystem should be well orchestrated, well coordinated and lastly well synchronized to make the whole system viable as it should be. By effective coordination and synergism, agribusiness as viable open system can be attained. The importance of agribusiness as a field of discipline is that we will discern the gaps and weaknesses of our career in which we could devise some individual developmental plan to improve ourselves as well mounded individual, highly competitive meeting national and global needs.Due to ineffable importance of agribusiness in people's daily lives. Many improvements were developed to make human needs, wants and activities much more accessible and easier leading to global industrialization. Annually, investments trends, prospects or development in agribusiness continuously devised to sustain domestic and global needs. The current investment trend or developments in Agribusiness is the ââ¬Å"Biotech investment trend in Europe and Asia for 2012â⬠in which it is stated that theE companies are finally following US and also Japanese organizations in improving their purchase in ââ¬Å"agro-biotechnology' inside Asia. Although simply no precise figures can be obtained, estimates coming from different options indicate in which biotechnology purchase by E firms inside Asia provides increase coming from US dollars 230 million inside 1993 to be able to US dollar 270 thousand in 1995. The growing investment is combined with an increasing variety in business projects. (www. Investment-trend. Bloodspot. Com)
Friday, August 16, 2019
Lesson Plan for English
SEMI DETAILED LESSON PLAN FOR ENGLISH I. Objectives 1. Point out authorââ¬â¢s purpose. 2. Note specific details to support the main idea. 3. Relate the author with the selection 4. Differentiate an essay from a poem. II. SUBJECT MATTER ââ¬Å"I AM A FILIPINOâ⬠(p. 56-58) -by: Carlos P. Romulo ââ¬Å"BALLAD OF A MOTHERââ¬â¢S HEARTâ⬠ââ¬âpoem Reference: Better English for Philippine High Schools Strategies: Reading, Lecture, classroom discussion III. PROCEDURE â⬠¢MOTIVATION: 1. Ask students how proud they are of being Filipinos. 2. Let them ponder about the advantages/benefits of being a Filipino and its disadvantages/demerits. â⬠¢LESSON PROPER . Relate a story of the Filipinos who have been proud of themselves. 2. Facilitate students in reading the essay by Carlos P. Romulo and the poem, ââ¬Å"Ballad of a Motherââ¬â¢s Heart. â⬠3. Explain the ballad at the same time engaging oral recitation from the students. 4. Discuss the essay extracting partici pation from the students via individual recitation. 5. Facilitate on the pronunciation drills. IV. EVALUATION/ASSESSMENT Differentiate an essay from a poem (1/2 crosswise) V. ASSIGNMENT Read: ââ¬Å"An Ambitious Guestâ⬠-by Nathaniel Hawthorne LESSON PLAN I. Objectives 1. Listen to different viewpoints attentively. . Take note of important information from listening texts. 3. Apply all the listening techniques and steps. II. SUBJECT MATTER ââ¬Å"Listening to different viewpointsâ⬠Reference: Textbook on English Expressway on page 249-250 Method: Classroom discussion, lecture, listening activity III. PROCEDURE â⬠¢MOTIVATION How important is listening in communication? â⬠¢LESSON PROPER 1. Discuss the fact that listening is very vital in communication. It is as important as speaking. 2. Have the student realize that varied viewpoints can be elicited from one topic depending on the kind of listener the is. 3.Explain to students the importance of listening to different viewpoints that it can help enhance their personal abilities to know how others feel regarding a topic. 4. Provide them the steps in listening and have them pay attention to a listening text you are going to read. IV. EVALUATION Answer questions in after you listen p. 250 (Answers may vary) V. ASSIGNMENT To prepare students for the next lesson instruct them to read the selection ââ¬Å"Breakthrough in Science on page 257 of the textbook for next meetingsââ¬â¢ topic. LESSON PLAN I. Objectives The following expected from the students after the lesson: 1.Comprehend and answer questions asked from a pie graph. 2. Relate information shown by a pie graph 3. Construct a pie graph of their own. II. SUBJECT MATTER -Pie graph Reference: English Expressway 2 Textbook on p. 134-135 Method: Brief lecture, question and answer III. PROCEDURE ?Have the students pass their related assignments on a pie graph â⬠¢MOTIVATION Elaborate as a class on the Classic Chinese saying ââ¬Å" A picture is worth a thousand wordsâ⬠â⬠¢LESSON PROPER 1. Start by asking students what they know about graphs, its meaning and its kinds then out of the thing they said, formulate a definition for graph. 2.Present them a sample pie graph and explain the breakdown of iemts in it. 3. Ask question from the graph and elicit class participation through recitation. 4. Draw pie graphs randomly from students assignments and ask the student concerned some questions regarding his/her work. IV. ASSESSMENT Group work ?Create a pie graph of a budget proposal incorporating the six items listed on activity 2 on p. 135 of the textbook. V. ASSIGNMENT ?Remind the group to select a leader to discuss their own work the following day and all the members of the group to be prepared for a question and answer from their classmates regarding their work.LESSON PLAN I. Objectives At the end of the lesson, the students shall be able to: 1. Differentiate a friendly letter from a business letter. 2. Know the diffe rent kinds of letters. 3. Identify the parts of a friendly letter. 4. Punctuate a friendly letter properly. 5. Write a friendly/business letter correctly. II. SUBJECT MATTER Writing letters (parts/kinds) Reference: better English foe Philippine High Schools Third Edition (p. 124-128) by Josephine Serrano Method: lecture, discussion, question and answer III. PROCEDURE â⬠¢MOTIVATIONFacilitate a discussion on how texting is affecting our communication on writing letters. â⬠¢LESSON PROPER 1. Lecture on letters, its kinds, meanings and parts 2. Point out by reading the things to remember in letter writing and the use of proper punctuations. 3. Present examples of a properly constructed friendly and business letter. IV. ASSESSMENT Let students construct a friendly letter of their own choice in a one-whole sheet of paper. V. ASSIGNMENT Write a business letter on a short bond paper to be passed the following meeting. Lesson Plan for English SEMI DETAILED LESSON PLAN FOR ENGLISH I. Objectives 1. Point out authorââ¬â¢s purpose. 2. Note specific details to support the main idea. 3. Relate the author with the selection 4. Differentiate an essay from a poem. II. SUBJECT MATTER ââ¬Å"I AM A FILIPINOâ⬠(p. 56-58) -by: Carlos P. Romulo ââ¬Å"BALLAD OF A MOTHERââ¬â¢S HEARTâ⬠ââ¬âpoem Reference: Better English for Philippine High Schools Strategies: Reading, Lecture, classroom discussion III. PROCEDURE â⬠¢MOTIVATION: 1. Ask students how proud they are of being Filipinos. 2. Let them ponder about the advantages/benefits of being a Filipino and its disadvantages/demerits. â⬠¢LESSON PROPER . Relate a story of the Filipinos who have been proud of themselves. 2. Facilitate students in reading the essay by Carlos P. Romulo and the poem, ââ¬Å"Ballad of a Motherââ¬â¢s Heart. â⬠3. Explain the ballad at the same time engaging oral recitation from the students. 4. Discuss the essay extracting partici pation from the students via individual recitation. 5. Facilitate on the pronunciation drills. IV. EVALUATION/ASSESSMENT Differentiate an essay from a poem (1/2 crosswise) V. ASSIGNMENT Read: ââ¬Å"An Ambitious Guestâ⬠-by Nathaniel Hawthorne LESSON PLAN I. Objectives 1. Listen to different viewpoints attentively. . Take note of important information from listening texts. 3. Apply all the listening techniques and steps. II. SUBJECT MATTER ââ¬Å"Listening to different viewpointsâ⬠Reference: Textbook on English Expressway on page 249-250 Method: Classroom discussion, lecture, listening activity III. PROCEDURE â⬠¢MOTIVATION How important is listening in communication? â⬠¢LESSON PROPER 1. Discuss the fact that listening is very vital in communication. It is as important as speaking. 2. Have the student realize that varied viewpoints can be elicited from one topic depending on the kind of listener the is. 3.Explain to students the importance of listening to different viewpoints that it can help enhance their personal abilities to know how others feel regarding a topic. 4. Provide them the steps in listening and have them pay attention to a listening text you are going to read. IV. EVALUATION Answer questions in after you listen p. 250 (Answers may vary) V. ASSIGNMENT To prepare students for the next lesson instruct them to read the selection ââ¬Å"Breakthrough in Science on page 257 of the textbook for next meetingsââ¬â¢ topic. LESSON PLAN I. Objectives The following expected from the students after the lesson: 1.Comprehend and answer questions asked from a pie graph. 2. Relate information shown by a pie graph 3. Construct a pie graph of their own. II. SUBJECT MATTER -Pie graph Reference: English Expressway 2 Textbook on p. 134-135 Method: Brief lecture, question and answer III. PROCEDURE ?Have the students pass their related assignments on a pie graph â⬠¢MOTIVATION Elaborate as a class on the Classic Chinese saying ââ¬Å" A picture is worth a thousand wordsâ⬠â⬠¢LESSON PROPER 1. Start by asking students what they know about graphs, its meaning and its kinds then out of the thing they said, formulate a definition for graph. 2.Present them a sample pie graph and explain the breakdown of iemts in it. 3. Ask question from the graph and elicit class participation through recitation. 4. Draw pie graphs randomly from students assignments and ask the student concerned some questions regarding his/her work. IV. ASSESSMENT Group work ?Create a pie graph of a budget proposal incorporating the six items listed on activity 2 on p. 135 of the textbook. V. ASSIGNMENT ?Remind the group to select a leader to discuss their own work the following day and all the members of the group to be prepared for a question and answer from their classmates regarding their work.LESSON PLAN I. Objectives At the end of the lesson, the students shall be able to: 1. Differentiate a friendly letter from a business letter. 2. Know the diffe rent kinds of letters. 3. Identify the parts of a friendly letter. 4. Punctuate a friendly letter properly. 5. Write a friendly/business letter correctly. II. SUBJECT MATTER Writing letters (parts/kinds) Reference: better English foe Philippine High Schools Third Edition (p. 124-128) by Josephine Serrano Method: lecture, discussion, question and answer III. PROCEDURE â⬠¢MOTIVATIONFacilitate a discussion on how texting is affecting our communication on writing letters. â⬠¢LESSON PROPER 1. Lecture on letters, its kinds, meanings and parts 2. Point out by reading the things to remember in letter writing and the use of proper punctuations. 3. Present examples of a properly constructed friendly and business letter. IV. ASSESSMENT Let students construct a friendly letter of their own choice in a one-whole sheet of paper. V. ASSIGNMENT Write a business letter on a short bond paper to be passed the following meeting.
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