Terrorism Guantanamo Bay Detention Center Essay - 1814 Words

Detainees held in Guantanamo Bay Detention Center located in Cuba are not only potential terrorists, but are also potential threats to our country, families, and loved ones. Detainees have been stricken of their rights to due process and a fair trial in compliance to George Bush enacting the USA PATRIOT Act, after the September 11th bombings. Guantanamo bay should not be shut down, because the detention center allows us to prevent future attacks to the country, question and gain high value intelligence from terror suspects, and also the island naval base houses some of the most lethal terror threats to the United States. Studies conducted by the Subcommittee on Oversight and Investigation in â€Å"Leaving Guantanamo,†¦show more content†¦The danger of these radicals show that they can not be taken lightly. Studies show the increase in terrorism since September11th after the release of former Gitmo detainees: Bill Gertz of The Washington Free Beacon â€Å"Of the 603 terrorists released from the prison, 100 are now confirmed as having returned to terrorism. Of those, 17 are dead, 27 are in custody, and 56 are free. Released detainees suspected of having returned to terrorism number 74, including two that are dead, 25 that are in custody, and 47 no longer being held. By contrast, in January there were a total of 97 released prisoners who returned to terrorism and another 72 who were suspected of re-engaging in terrorism†(Gertz qtd. In Number of released Gitmo Detainees returning to terrorism increases). As we can see if more detainees that are released without proper interro gation or questioning, then we are just putting more terror leaders back into the field of chaos and destruction. President Bush enacted the USA PATRIOT Act in 2001 that is an acronym for uniting and strengthening America by providing appropriate tools required to intercept and obstruct terrorism. The law President Bush passed in 2001 expandsShow MoreRelatedSpencer Hogue. February 27, 2017. Instructor: Mrs. Nutter.1584 Words   |  7 PagesSpencer Hogue February 27, 2017 Instructor: Mrs. Nutter English 121 The War on Terror Through the Lens of Guantanamo Bay You wake up in a dimly-lit room laying down, your back flat on a cold table, facing unfamiliar men standing over you. You attempt to move, but your arms and legs are strapped down leaving you completely defenseless. Panicking, you begin to scream, but your screams are cut short as a wet cloth is laid over your face. You feel water being poured over the cloth and you begin choking;Read MoreEssay on The Issues with Closing Guantanamo1474 Words   |  6 PagesThe United States military base in Guantanamo Bay, Cuba, has been occupied by over 700 Middle Eastern men suspected of terrorism since 2002. It has been home to some of the most heinous suspected terrorist to ever walk on this Earth. What to do with this military base, has been a major source of conflict within our nation and with other nations for over a decade, with no real reasoning substantial enough to close the base. Although our government has come forward and declared that interrogationRead MoreGuantanamo Bay and Hum an Rights Violations by the United States1536 Words   |  6 PagesIntroduction Guantanamo Bay, Cuba is originally a naval base that was once used to house detention facilities for Haitian and Cuban refugees fleeing to the United States. It was also used as a refueling station for Navy ships. It was then converted into a high level detention facility to house enemy troops captured in the War on Terror campaign by Secretary of Defense, Donald Rumsfield. It has three main camps that house the prisoners. These prisoners of war were later referred to as enemy combatantsRead MoreIs Indefinite Detention Of Terror Suspects Justified?1505 Words   |  7 Pagesâ€Å"Is Indefinite Detention of Terror Suspects Justified?† It is against human rights to detain and place possible terror suspects in detention centers without a trail. In America, everyone has a right to a fair trial even if a suspect could potentially pose a threat to our country. It is in violation to the Fifth Amendment and the essence of American due process and the rule of law. It is also going against what our Founding Fathers originally acclaimed our rights were. I find it unethical and isRead MoreComparison: Bush v. Obama and Guantanamo Detention Center1172 Words   |  5 Pagesused by the current administration. One of these policies was the operation of the Guantanamo Bay detention center. While it has had far reaching domestic effects it is still a foreign policy issue by nature. The prisoners that have been held in Guantanamo come from all over the world, including Algeria, China, and Pakistan. The governments of these countries and many others are interested in seeing Guantanamo Bay emptied and shut down, either because they have citizens who are being held there orRead MoreGuantanamo Bay Detention Camp : The Gulag Of Our Times1424 Words   |  6 PagesGuantanamo Bay Detention Camp: The Gulag of Our Times Guantanamo Bay is an American military detention camp for prisoners of war, located within the Guantanamo Bay Naval Base. The United States of America acquired the Guantanamo Bay Naval base in 1898 at the end of the Spanish-American War, when the USA took control of Cuba from Spain. The Naval Base was maintained well after the war, nearing the end of the 20th century, and within a rather small span of time, it underwent a transformation from navalRead MoreThe Interrogation Techniques Used By Military Standards1620 Words   |  7 PagesIn August of 2002, without consulting Congress, the Bush administration changed the definition of torture by military standards to allow for previously illegal interrogation techniques. (Inside Guantanamo) Bush lost a lot of respect from American citizens for doing this on his own instead of consulting Congress because it added a lot of suspicion that he was trying to hide something. The Pentagon organized the interrogation techniques into three categ ories. The first one included yelling and deceptionRead MoreGuantanamo Bay And National Security1819 Words   |  8 PagesGuantanamo Bay and National Security Chapter One: Introduction Introduction to the Chapter National security in the United States is more significant than ever before. With recent terrorist attacks in Europe, the Middle East, and within the United States, politicians as well as citizens have questioned how safe the country is compared to prior to the events of September 11th, 2001. The opening of the Guantanamo Bay Naval Base as a detention facility in 2002, serve the purpose of housing suspectedRead MoreThe Raising Issues Of Guantanamo Bay1047 Words   |  5 PagesThe Raising Issues Of Guantanamo Bay The issues that have had cause a lot of controversy since 2002.The closing of Guantanamo Bay has led to be the most reported prison that’s held prisoners against their own will. Due to against war on terror, but has yet most detainees havn’t been charged. We wonder in the closing of Guantanamo Bay who will it affect, what will happen, when will the closing of Guantanamo Bay takes place, and how will this play a role in the world today. If President Obama choosesRead MoreGuantanamo Bay At The Southeastern Tip Of Cuba2299 Words   |  10 Pagestip of Cuba is Guantanamo Bay Naval Base. The United States began leasing this area in 1903 making it the oldest overseas U.S. Navy base. Guantanamo Bay allows the U.S. an area to establish a detention facility in a secure and isolated location eliminating any chance the detainees could escape and return back to their countries. In addition, Guantanamo Bay allowed the U.S. to avoid bringing those individuals suspected of terrorism from entering domestic soil. As of today, Guantanamo Bay only holds 80

Nathaniel Hawthornes Young Goodman Brown Essay - 1404 Words

Nathaniel Hawthornes Young Goodman Brown Nathaniel Hawthorne’s story â€Å"Young Goodman Brown† portrays the growth of Young Goodman Brown through vivid symbolic setting. â€Å"Young Goodman Brown† is an allegory in which the setting is very important to the theme of the story. Throughout the narration, detailed setting and emblematic characters surround Goodman Brown. Goodman Brown is an Everyman character, which could be any one of us, struggling with his Puritan heritage, more specifically his spiritual faith. The setting is first introduced during a conversation between Goodman and his wife â€Å"Faith† which is symbolic of his struggle with his spiritual faith throughout the story. Standing in the doorway of his own home he turns to†¦show more content†¦He is privileged to have a loving wife at home, a good Puritan upbringing, yet he still isn’t content that he should just follow this role without exploring beyond the known. â€Å"â€Å"Faith kept me back a while,† replied the young man, with a tremor in his voice, caused by the sudden appearance of his companion, though not wholly unexpected.†Ã¢â‚¬ (391) The elder man carries a staff, which â€Å"bore the likeness of a great black snake†. (392) Later in the story the staff turns to a snake, which is just another supernatural occurrence in the setting representing spiritual â€Å"faith†. In the Bible snakes represent evil and are often found around passages of sin. Other supernatural or biblical illustrations include blood, and the devil’s speed (from Boston to Salem). The setting is extremely important to this journey Young Goodman Brown is following because each element of setting has significant meaning to the theme and mood Hawthorne creates. Continuing to explore the many elements of his faith, he continues down the path, and encounters yet more elements of setting, which signify his discontent with the elders from his childhood. He gets a glimpse of his catechism teacher, a deacon of the church, and many other people of the congregation. Along the way the evil force, his tour guide, the older man, keeps reminding him that these people are here all the time, that all the people from his childhood come there, and that he has workedShow MoreRelatedNathaniel Hawthornes Young Goodman Brown1063 Words   |  5 PagesIt seems necessary to write down some lines about the author. Nathaniel Hawthorne was born in 1804 in Salem, Massachusetts. Because of the involvement of his ancestor in the Salem witch trials , Nathaniel later added a w to make his name Hawthorne in order to hide this relation. He entered Bowdoin College in 1821, and graduated in 1825. Hawthorne published his first work, Fanshawe, in 1828. He published several sh ort stories after that which he collected in 1837 as Twice-Told Tales. His masterpieceRead More Nathaniel Hawthornes Young Goodman Brown Essay1847 Words   |  8 PagesNathaniel Hawthornes Young Goodman Brown   Ã‚  Ã‚  Ã‚  Ã‚  In Young Goodman Brown, Nathaniel Hawthorne tells the tale of a man and his discovery of evil. Hawthorne’s primary concern is with evil and how it affects Young Goodman Brown. Through the use of tone and setting, Hawthorne portrays the nature of evil and the psychological effects it can have on man. He shows how discovering the existence of evil brings Brown to view the world in a cynical way. Brown learns the nature of evil and, therefore, feelsRead MoreAllegory and Symbolism in Nathaniel Hawthorne’s â€Å"Young Goodman Brown†1203 Words   |  5 PagesNathaniel Hawthorne’s â€Å"Young Goodman Brown† is an excellent example of the use of allegories and symbolism as a form of satire on Puritan faith. According to Frank Preston Stearns, author of The Life and Genius of Nathaniel Hawthorne, â€Å"Hawthorne may have intended this story as an exposure of the inconsistency, and consequent hypocrisy, of Puritanism† (Stearns 181 ). Throughout the story of â€Å"Young Goodman Brown,† Hawthorne tries to infuse as many symbols and allegories as he can to enhance the overallRead MoreAnalysis of Nathaniel Hawthornes Young Goodman Brown a Story708 Words   |  3 Pagesï » ¿Young Goodman Brown (Order #A2103550) Christs death and resurrection can be considered only the beginning of his ministry for afterward he instructed his remaining apostles to go therefore and make disciples of all the nations, baptizing them in the name of the Father and of the Son and of the Holy Spirit. (Mt 28:16-20 [New King James Version]) Sixteen centuries later a group of Christians called Puritans would attempt to fulfill this Great Commission by spreading the good news of Christ andRead MoreSin in Nathaniel Hawthornes Young Goodman Brown Essay2433 Words   |  10 PagesAnd the young Puritan Goodman Brown accepted this principle, after his in-the-woods experience, as applying not only to the Salem village rank-and-file but even to his faultless wife Faith. Is this notion of sin correct? This essay seeks to compare this moral depravity doctrine of the Puritans as seen in â€Å"Young Goodman Brown† to the Catholic Church’s teaching on sin, a recognized standard. The influence of Puritan religion, culture and education is a common topic in Nathaniel Hawthornes worksRead MoreSymbolism in Nathaniel Hawthornes Young Goodman Brown Essay468 Words   |  2 PagesSymbolism in Nathaniel Hawthornes Young Goodman Brown Nathaniel Hawthornes Young Goodman Brown is full of symbolism throughout the story. Perhaps the most interesting examples of symbolism include the title character, Young Goodman Brown, as well as his wife, Faith, and the woods that Young Goodman Brown enters on his journey. Included are many allusions to Christianity and also to evil and sin. These references are expressed mainly through characters and settings in the story. TheRead More Symbolism in Nathaniel Hawthornes Young Goodman Brown Essay1278 Words   |  6 PagesSymbolism in Nathaniel Hawthornes Young Goodman Brown   Ã‚  Ã‚  Ã‚  Ã‚  Nathaniel Hawthorne utilizes symbolism throughout his short story Young Goodman Brown to impact and clarify the theme of good people sometimes doing bad things. Hawthorne uses a variety of light and dark imagery, names, and people to illustrate irony and different translations. Young Goodman Brown is a story about a man who comes to terms with the reality that people are imperfect and flawed and then dies a bitter death from the enlightenmentRead MoreDisapproval of Puritanism in Nathaniel Hawthornes Young Goodman Brown1959 Words   |  8 PagesRunning Head: Hawthornes Young Goodman Brown Hawthornes Young Goodman Brown Critical Analysis Nathaniel Hawthorne has presented his disapproval of Puritanism in the form of Young Goodman Brown who has been presented as the living embodiment of Puritanical sect. Where the influence of Hawthornes background on his work is evident, he has managed to present evidences for his argument. In his short story, he portrays Young Goodman Brown as a character who, on the basis of his own staunch beliefsRead MoreEssay about Nathaniel Hawthorne’s Young Goodman Brown3241 Words   |  13 PagesNathaniel Hawthorne’s Young Goodman Brown   Ã‚  Ã‚  Ã‚  Ã‚  Nathaniel Hawthorne’s â€Å"Young Goodman Brown† captivates the reader through a glimpse of the Puritan church. The story also shows the struggle of good versus evil in the main character Goodman Brown. The role of the Puritan church is crucial in shaping Goodman Brown’s personality and helping the reader understand why he was reluctant to continue his journey.   Ã‚  Ã‚  Ã‚  Ã‚  Ã¢â‚¬Å"Puritanism, movement arising within the Church of England in the latter part ofRead MoreEssay on Faith Role in Nathaniel Hawthorne’s â€Å"Young Goodman Brown600 Words   |  3 PagesFaith plays a major role in Nathaniel Hawthorne’s short story â€Å"Young Goodman Brown†. From the start of his journey to his arrival back home, Faith is always in the back of head, making him question his surroundings and own thoughts. It’s hard to determine when he’s speaking of his lovely wife Faith or his Faith in his God and religion. Through his many Young Goodman Brown’s journey begins with his departure from Faith, for he must â€Å"tarry away from thee.† (Nathaniel Hawthorne 1289) Could it be

Comparison of Journal of the Plague Year and Oroonoko Essay

Throughout history, slaves have been treated like animals and thought of as property, not human beings. Even Oroonoko, a handsome, statuesque prince is turned into a slave because of his race, and is degraded and mistreated. To racist slave owners, the horrible treatment of Africans was acceptable because they were a different species, and no amount of education or beauty could save them. Behn shows how unjust and brutal slavery is in Oroonoko. The treatment of slaves is comparable to the treatment of the poor, as both have few rights, and both are unjustly judged and mistreated based on social status. Behn begins Oroonoko with a description of the native people: they have long black hair, wear jewelry and paint flowers on their†¦show more content†¦. . To which [a person] a thousand times prefer Death.# She further describes how one is sold into slavery, being either sold one by one or in lots with women and children, but families are not sold together; instead, they are separated, as a family cannot be trusted together for fear that they will commit some great Action, to the ruin of the Colony.# At first, slavery is depicted as more of an embarrassment than a painful way of life, and Oroonoko lives a decent life for a while. Oroonoko is sold to Trefry, a Cornish gentleman who assists the Governor, and he proves to be a kind and gentle man to Oroonoko. Trefry cares deeply for Oroonoko, and ever after lovd him as his dearest Brother, and shed him all the Civilities due to so great a Man.# Oroonoko is reunited with his love, Imoinda, who has also been sold into slavery, and the two are allowed to marry (which was a privilege that was not granted often). However, the lifestyle Oroonoko leads is not typical, as he reveals when he makes a speech to other slaves. Oroonoko reveals that slaves suffer Loads, Burdens, and Drudgeries as were fitter for beasts than Men and that both guilty and innocent slaves sufferd the infamous Whip. . . Till their Blood trickled from all Parts of their Body.# The cruelty of the slave owners sparks a rebellion led by Oroonoko, which fails. The slaves are punished in the most merciless manner: they are whipped so

Evaluation Of The O Malley And Pierce Reading Essay

Assessment Description: Which form of assessment did you choose? What rubric categories did you use? Explain how this assessment reflects appropriate practices for ELLs? The form of assessment that we chose was the picture cued description test. We also had our student do a self assessment and finally, we gave her time to draw whatever picture she wanted but just had to explain it to us. We started with the self assessment, which was taken from Chapter 4 of the O’Malley and Pierce reading. The self assessment itself asked the student to rate the difficulty level of things that the student could do in English. Some statements included, â€Å"I can speak with native speakers outside of school, I can listen to and understand video and television, and I can describe past events.† We then chose to do a picture cued description test. This included a 6 frame picture story board that was a picture of a boy throwing a ball for his dog, and the dog returning the ball back to the boy. We asked our student to explain what was happening in the picture and to tell us a story of what is going on with the boy and dog. Finally, the last part that we ass essed the student on was her ability to draw a picture but to explain why she wrote it and what the picture meant. We gave the student a whiteboard and marker and gave her about 10 minutes to freely draw. She drew a person sleeping in a bed under the moon and stars. The rubric categories that we used was the SOLOM teacher observation Student Oral

Balance of Payments Concepts - Components - Importance - Examples

Question: Discuss about the Introduction Balance of Payment. Answer: Introduction The balance of payment is the statement that briefs a countrys economy transactions with the rest of the globe for a particular period. On a general basis BOP of a country is calculated quarterly in every financial year. The Balance of Payment or in short BOP is also known as the balance of international payments, encloses all the business affairs between citizens of a country and the non-residents which include services, financial claims, liabilities, goods, income, and any transfers such as gifts (Alawattage, 2009). All the business transactions handled by either the public sector or a private sector are accounted for in the Balance of Payment to find out the amount of money going out and coming in the country. If money is coming in the country, then it is known as a credit, and when money goes out of the country then it is known as debit. These transactions are divided into three accounts by the BOP, and they are the Current account, the financial account, and the capital account. The current accounts consist of the business transactions in services, investment income, current transfers, and goods, while the capital account mostly consists of business transactions in financial instruments. A country economys BOP transactions, dealings, and international investment position are calculated together to establish its set of international accounts. In theory, the Balance of Payment of a country that includes the assets that are the credits of the country and the liabilities that is the debit of the country should be zero, but in reality, this rarely happens. Thus, the BOP of a country can tell clearly that from where the differences are emerging in the economy (Bussire, 2013). Breaking Down of the Balance of Payment The balance of payment is not actually includes the payment of money and receiving of money by an economy of a country. But, it is the data that includes the transactional details of a country with rest of the world. Many times the international collaborations get included in the BOP does not include money payment. Thus, the numbers here can be very much different from the actual payments made over a period to foreign entities. As mentioned before that BOP never actually balances. In theory, a deficit amount in a current account has to be financed with the help of net inflow coming in the financial and capital account, a surplus amount of current account need to be corresponded in the financial and capital account to an outflow to get a zero net figure (C., 2015). When the actual figure has calculated the data that is compiled with the help of multiple sources, increase the chances of measurement error up to some level. In the formulation of national and international economy policy, the data about the balance of payment and position of international investment is very critical. Various aspects of BOP data are the key issues that need to be addressed for a nations economic policies, and they are payment imbalances and foreign direct investment. The economic policies formed by a country are often designed to target some specific objectives and goals and which in turn leaves an impact on the BOP of the country. For example, policies that are specially created to attract foreign investment can be adopted by a nation to increase foreign investment in a particular sector. Another country can adopt a policy that keeps the currency of the country at an artificially depressed level to increase exports that will help in creating currency reserves for that country. The ultimate impact of these policies will be seen in the balance of payment (Chernyak, Khomiak and Chernyak, 2013). The Balance of Payment of a country is divided into three categories, and they are as follows:- The Current Account- to mark the outflow and inflow of goods and services into a nation the current account is used. Any type of earnings done on investments, both on private sector and public sector, are also added in the current account. The credits and debits on the transactions of products like raw materials, and the produced goods that are sold, bought, or given away many be in the form of an aid, comes in the current account. The services that are included in the current account are like receipts earn from tourism, business service fees, engineering, transportation, and royalties gained from copyrights and patents (Egger and Maria Radulescu, 2011). The combination of goods and services makes the nations balance of trade. Combining the total of imports and exports made up the BOT that is the maximum sum of a countrys BOP. If a countrys BOT is showing deficit, then the imports of the country are more than the exports, and if the country has a surplus BOT, then the exports of the country are more than its imports. Any type of receipts coming from income-generating assets like stocks is also added in the current account. The last part of BOP that is included in the current account is Unilateral Transfers. These unilateral transfers are generally the salaries credit in the accounts of workers working abroad and sending their salaries to the home country. Also all types of foreign aids directly received by the country come under the unilateral transfers (Eichengreen, 2013). The countrys current account is the best indicator of the economys health. Current account showing a positive balance displays that the country is the net lender to the other countries, while if the balance of the current account is negative than it makes the country a net borrower. A countrys net assets increase with the surplus current account balance and decreases if the account shows the deficit amount. A countrys current account balance gets affected by various factors like the trade policies of the country, its exchange rate, forex reserves, inflation rate, and competitiveness (Filipovic and Garic, 2014). The Capital Account- the capital account includes all the international capital transfers. Acquisition or disposal of any type of non-financial assets is included in the capital account such as physical assets like a land, assets that are not produced yet but needed for production, like a mine which is being used for extracting coal. The capital account could be divided into the financial flows that are branched into debt forgiveness, financial assets gained through the migrants leaving or entering a nation, the transfer of goods, transferring the ownership of fixed assets, all types of gifts and inheritance taxes, uninsured damage of fixed assets, death levies, and funds received from acquisition or sale of land (Freund, 2010). The net change in the financial and physical ownership of a country is shown in the capital account, along with the balance of current account, the balance of payment of a country is constituted. Foreign investment, changes in a reserve account, other investm ent, is included in the capital account. A capital account can also be referred as the account that can display the net worth of a business at a specified period. The economic activities of a country are calculated in the capital account of the nation. The amount that an investor pays an organization is recorded in the form of general ledger account which gives a cumulative amount of the earning company is doing. The balance of the capital account is reported in the form of partners equit, or owners equity section in the balance sheet (Ishikawa and Horiuchi, 2012). The Financial Account- in the financial account of the country the international monetary flows in relation to business investment; stocks, bonds, and real-estate are documented. Foreign reserves, special drawing rights, gold, and government-owned assets like foreign reserves are also included in the financial account of a nation. Along with them the assets owned by foreigners are also recorded in the financial accounts. A financial account is that part of a nations BOP which deals with the claims or liabilities to non-residential, specially related to the financial assets (Kalamova and Konrad, 2010). It includes the portfolio investment, reserve assets, direct investment and those who are broken down by the sector. Any claim made by the non-residents of the nation on the financial assets of the citizen of the country are considered as a liability, while any claim made against the non-resident by the countrys citizen are taken as assets. The financial account is further divided into two sub-accounts to provide a tracking mechanism for the ownership transfer of the international asset. The first sub-account is related to the domestic ownership of the foreign assets, like securities of a foreign company, or any foreign bank deposits. The second sub account includes the foreign ownership of domestic assets, like any type of purchase done by foreign entities of government bonds or loans given to a domestic bank by a foreign firm (Kristjansdottir, 2010). Other important parts of Balance of Payment Basic Balance- basic balance is an economic measure taken for the BOP which adds the current and capital account balances. The basic balance proves to be an alternative method to the deficit or surplus for the BOP due to the change in the exchange rate system. The basic balance is use by the economists to determine the trends of countrys BOP in a long-term. This measure is less helpful in short-term fluctuations that may occur in the exchange or interest rates. It incorporates the fluctuations of international investments from the capital account that gives a better response regarding long-term changes in a countrys productivity (Mathew, Vijaykumar and Jacob, 2013). Official Settlement Account- to keep track of the reserve asset transactions of central banks with each other in BOP an official settlement account is used. All types of transaction related to gold, bank deposits, foreign exchange reserves, and special drawing rights are tracked by the official settlement account. Official settlement account essentially keeps track of all the transactions including international assets (Odili, 2014). Average Balance- the average balance means the balance on a depositary or a loan account. The calculation of average balance is taken out by adding the beginning balance and ending balance together and dividing it by two. The time balance remained at a particular level at the calculating period that may be a month or a quarter of a year is taken into account by average balance account. It is commonly used to find out the average daily balance, especially when taking in account the interest on loans. As banks cannot charge interest, on interest all types of payments are applied to the due interest payment and then comes the principal amount. Average balance can be used by the investors who trade on margin accounts and wanted to determine margin requirements that the brokerage makes (Ojha, 2016). Account Balance- the amount of money at any point of time in a financial repository is known as an account balance. It can also be the money that a person owed to a third person like a credit card company, mortgage banker, utility company, or any other creditors. After factoring the debits and credits, the net amount is shown in the account balance. Unilateral Transfer- an economic transaction happening between the citizens of two different countries over a specified period is known as a unilateral transfer. It includes transactions like pension payment, gift exchanges, and other goods and services. Unilateral Transfers are added in the nations BOP through current account. Unilateral transfers are different from international trade, including things like humanitarian aid and payments coming from immigrants to their home country (Oladipupo, 2011). The Balancing Act- it is necessary that the current account should be balanced with the added balance of capital and financial accounts. But as told earlier this rarely happen in any country. The fluctuating exchange rates, the value of money changes and that can add discrepancies in BOP. If a deficit is found in the current account that is the balance of trade deficit, then that difference can be covered by borrowing the fund from the capital account. The borrowed amount is taken as an outflow of capital account if a country has a fixed asset abroad. But, if that fixed asset is sold then it will be added to the current account inflow. If a countrys balance of payment is showing a deficit in the current account then it means that for more goods and services the country is foregoing its capital assets. If the money is borrowed to balance the current account deficit then it would be taken as an entry of foreign capital in the balance of payment (Petrovic and Gligoric, 2010). Liberalizing the Accounts- the late 20th-century rise of global finance and trade urged the BOP and liberalization of macroeconomic in most of the developing countries. With the economic boom entering in the emerging market, the capital flows tripled in these markets. Until the 1980s when Asian crisis struck the world and spurred countries to release restrictions on financial and capital account transactions, to take the advantage of the capital inflows. Most of the developing countries have restrictive macroeconomic policies, which regulated the ownership of non-financial and financial assets by a foreigner (Rahman, 2016). These rules limit the transfer of funds abroad. With the linearization of capital and financial accounts, the growth of capital market increased, which not only initiated transparency and sophistication in the market for the investors, but also attracted foreign direct investment. Like an investment made in a new power station will be bringing a nation great expos ure to new technologies and growth, which will eventually be increasing the overall GDP of the nation allowing the prospects of increased volumes of production. A diversified market decreases the risk which will come due to liberalization (Stepanovic-Petrac, 2008). Balance of Payment Crisis When a country has a deficit of the balance of payment that is unsustainable, then it is known as the balance of payment crisis. When a large amount of money flows out of the country and the borrowing power of the country is less than the situation becomes a crisis for the country. A BOP crisis become serious when a situation comes where the budget of the country is exceptionally large and the finances of the country become deficits for a long period, and the debt of the country increases beyond the bound oh handling (Swenson, 2006). Many countries has faced severe crisis of balance of payment in the 290th century few examples of such balance of payment crisis are:- 1991 Indian Economic Crisis 1994 Economic Crisis in Mexico 1997 Asian Financial Crisis 1998 Russian Financial Crisis 1999-2002 Argentine Economic Crises Reason of balance of payment crisis It is necessary to understand the reasons due to which the balance of payment crisis occurs in a country. The balance of payment crisis is very harmful to the economy of the country. If the reasons are known to the government of the country for the balance of payment crisis, then measures could be taken to avoid it to happen (Yan, 2003). The reasons for the crisis of balance of payment are as follows: - Ever increasing trade gap- due to trade gap, trade deficit occurs that means a huge rise in imports but a substantial rise in exports of the nation for a long period. Import Liberalization- liberalization given in the rules and regulations of imports led to increasing of products imported. Increase in Import Intensity- the increase in national income popularizes and increases the demands of imported product. This led to the increase of imports in a country. Import of Oil- developing countries need a lot of oil products for their necessities and luxuries thus the demand for oil increases, which in result increased the import of oil (Ziying, 2014). Imports of essential items- when a scarcity of an essential product arise it becomes important for a country to import that product from other countries. Raise in the prises of Imports- the rise in the prices of the necessity products made country spend more on the imports that led to the balance of payment deficit (Khawar, 2005). Deterioration in the exchange rate of the currency- if the exchange rate of the currency deteriorates then the imports becomes expensive for a country. This increases the balance of payment deficit. All the above-given reason led a country towards balance of payment crisis. Thus, it becomes necessary for the economic department of the country to pay attention towards the number of imports a country is doing and the exchange rate of the currency of the nation should not deteriorate when the number of imports are more than the exports of the country (Williams, 2015). Conclusion A countrys smooth running depends on the condition of the economy of the country. A country decides a budget for itself as per the requirement of the nation. This budget includes all the expenses that a country will bear and all the finances that the government will be getting from various sources. The balance of payment is the condition when a countrys all the liabilities are equal to the assets of the country. These credits and debits are the transactions that take place between two countries. There are a number of factors that are used to have a balance of payment in a country like capital account, current account, and financial account. These accounts are further divided into various other parts that help in maintaining the countrys balance of payment. Like liberalization of account, average accounting etc. It is very necessary to control the balance of payment of a country because if the deficit of the balance of payment becomes larger than the borrowing power of the country and for a long period than it leads the country towards the balance of crisis. There are many examples of countries those who have faced this balance of crisis. There are many reasons for the deficit of the balance of payment, but the increased imports, and decreased exports is the main reason for the deficit of balance of payment. Hence it is concluded, that balance of payment in a country is very important to maintain for the smooth running economy of the nation. References Alawattage, U. (2009). Exchange Rate, Competitiveness and Balance of Payment Performance. Staff Studies, 35(1). Bussiere, M. (2013). Balance of payment crises in emerging markets: how early were the early warning signals?. Applied Economics, 45(12), pp.1601-1623. C., U. (2015). Monetary Policy and Balance of Payment in Nigeria ( 1981 - 2012 ). Journal of Policy and Development Studies, 9(2), pp.14-26. Chernyak, O., Khomiak, V. and Chernyak, Y. (2013). The Main Triggers of the Balance of Payment Crisis in the Eastern Europe. Procedia Technology, 8, pp.47-50. Egger, P. and Maria Radulescu, D. (2011). Labor Taxation and Foreign Direct Investment*. Scandinavian Journal of Economics, p.no-no. Eichengreen, B. (2013). Number One Country, Number One Currency? 1. The World Economy, 36(4), pp.363-374. Filipovic, S. and Garic, D. (2014). Analysis of the cause of global balance of payment imbalance. Poslovna ekonomija, 8(2), pp.277-300. Freund, C. (2010). Third-country Effects of Regional Trade Agreements. The World Economy, 33(11), pp.1589-1605. Ishikawa. J. and Horiuchi, E. (2012). Strategic Foreign Direct Investment in Vertically Related Markets*. Economic Record, 88(281), pp.229-242. Kalamova, M. and Konrad, K. (2010). Nation Brands and Foreign Direct Investment*. Kyklos, 63(3), pp.400-431. Kristjansdottir, H. (2010). Foreign Direct Investment: The Knowledge-Capital Model And Small Country Case. Scottish Journal of Political Economy, 57(5), pp.591-614. Mathew, J., Vijaykumar, N. and Jacob, E. (2013). Balance of Payment Crisis in India: What the Figures say. Arthshastra : Indian Journal of Economics Research, 2(5), p.14. Odili, O. (2014). Exchange Rate and Balance of Payment: An Autoregressive Distributed Lag (Ardl) Econometric Investigation on Nigeria. IOSR Journal of Economics and Finance, 4(6), pp.21-30. Ojha, G. (2016). State of Remittance and Balance of Payment in Nepal. Economic Literature, 11, p.15. Oladipupo, A. (2011). Impact of Exchange Rate on Balance of Payment in Nigeria. African Research Review, 5(4). Petrovic, P. and Gligoric, M. (2010). Exchange rate and trade balance: J-curve effect. Panoeconomicus, 57(1), pp.23-41. Rahman, M. (2016). Impact of Foreign Direct Investment Inflows on Capital Account of Indias Balance of Payments. Business and Economic Research, 6(1), p.111. Stepanovic-Petrac, Z. (2008). Bretton Woods 2 system and US balance of payment deficit. Medjunar probl, 60(1), pp.116-136. Swenson, D. (2006). Country Competition and US Overseas Assembly. The World Economy, 29(7), pp.917-937. Yan, H. (2003). Capital mobility, intertemporal current account balance and currency crisis. Global Business and Economics Review, 5(2), p.297. Ziying, M. (2014). Inward Foreign Direct Investment, Entrepreneurial Behavior, and Outward Foreign Direct Investment: Evidence from China. IJBM, 9(9). Khawar, M. (2005). Foreign Direct Investment and Economic Growth: A Cross-Country Analysis. Global Economy Journal, 5(1). Menkhoff, L. (2013). Foreign Exchange Intervention in Emerging Markets: A Survey of Empirical Studies. The World Economy, 36(9), pp.1187-1208. Williams, S. (2015). Foreign Currency Exposure within Country Exchange Traded Funds. Frontiers in Finance, 1(0), p.28.

Research Report- Industry Analysis

Question: Write a research report on industry analysis. Answer: Introduction Telstra Corporation is one of the leading telecomm companies in the field of mobile telecommunication. The company is offering mobile nod network services to all of the customers throughout the Australian market segments. Now the company is going to enter the market segments of mobile manufacturing. The company was founded on 12th June 1975 and has its headquarters in Melbourne, Australia (Telstra, 2016). The company is planning to enter into the business of making mobile phones and will launch different types of the mobile phones as to capture the entire market segments. The company has created its brand name on the telecommunication industry and will transform it into the industry of manufacturing the mobile phones. This research paper will reveals gather desired different facts associated with the analysis of the telecommunication industries. The launching of the new mobile devices will help the firm to enter into the new market segments. Size of the industry The section of the concerned industry helps in reflecting the desired size revenue as well as it respective competitors within the concerned market segments. The Telstra Corporation of Australia is engaged in offering the best mobile telecommunication services to all its customers within the concerned market segments. The telecommunication industry is one of the booming industries throughout the world and it has increased the employment as well as the growth opportunities to all of the people concerned. The company is offering finest network services to all of the consumers concerned. There are some of the combo offers from the company with the different mobile companies, such as it offers free data packs with some of the latest mobile phones from the different mobile companies. Thus, the company is planning to enter the world of mobile telecommunication in order to establish its pillars in the worlds of mobile manufacturers (Anderson, 2015). The company is providing 16.9 million of the mobile services including 7.2 million of the total fixed services and 3.3 million of the retail and the broadband services to all of the consumers concerned. In order to assist the clients with the finest services, the company is offering the choice of the digital connection having the digital content as well. The company's revenue was near $25.5 billion until the year 2013 and it is one of the leading telecommunication companies throughout the complete Australian market segments. In the year 2011, Telstra Corporation of Australia was in a planning for expansion of the new 100 retail within a framework of three years. The company has more than 360 of the retail stores until May 2016 throughout the Australian market segments. The launching of the new mobile devices along with the mobile telecommunication services such as the voice services internet services and many others will help in capturing the entire market segments and will increase the complete profitability of the firm. This will create the expansion of the business market segments of the concerned market segments and it is very crucial for the firm to understand the desired needs and the demands of the customers within the concerned market segments (Bachmutsky, 2013). The expansion of the desired market segments for the firm will increase the productivity along with the profitability of the firm. Figure: Market share Value factors in a B2B The value factors are considered to be the most crucial for any of the particular firms as this helps in evaluating the effectiveness of the business procedure of the firm. There are different types of the value factors which generates an enormous impact on the execution of the business procedure of the concerned firm. These factors include risk management, logistics, innovation, low-value and the high-value acquisitions, high-value and the low-value risk acquisitions and e-commerce. There is a crucial need to understand the desired targeted market segments as this will help in working as per the requirements and the needs of the customers (Balmer, Illia and Gonza lez del Valle Brena, 2013). The company needs to work as per the desired industry standards. PESTLE analysis The use of the porters five forces along with the PESTEL analysis is considered to be of great importance as it will provide the desired information regarding the needs of the customers within the market segments. Political factors There is pressure from the concerned government of that particular company where the company is going to launch products. Australian government has provide the desired platform for the telecommunication as well as the mobile industry to execute their business process throughout the country. Economic factors The inflation rate as well as the rise in the service taxes increases the potential barriers for the mobile communication industries to enhance the growth rate of the concerned business. Social factors The brand imaged of the company will help in launching the new Smartphones and entering into the world of mobile manufacturing as to capture the entire market segments. Technological factors Use of the innovative tools as well as the innovative techniques will help in providing the desired competitive advantage to the firm. Legal factors It is important to understand the legal concerns before into the new market segments. Execution of the business as per the norms of the firm will help in evaluating the growth of the organization. Environmental factors The company needs to understand the desired impact of the macro as well as the micro environmental factors. These factors are crucial for the profitability of the firm as these generate a large amount of the impact on execution of the business methods of the firm. There is another important factor which helps in enhancing the performance of the concerned industry as well as the company which is establishing the desired relationship between the customers as well as the firm as it will evaluate the satisfaction of the concerned clients of the firm. The establishment of the customer support department is considered to be of great importance throughout the mobile telecommunication industry as it assists the customers with the required sense of satisfaction of the clients (Blakemore, 2013). The primary motive of the B2B companies is to work as per the desired satisfaction of the customers and to assist them with reliable services. The use of the E-Commerce has changed significantly and it has enhanced the reliability of the customers by offering reliable services to the consumers concerned. There is a crucial impact from the political as well as the economic factors of the targeted market segments in which the product is going to be launched. There fore, the firm needs to identify these factors and formulate effective strategies as to enhance the overall profitability and the productivity of the entire association. Key players The competitors are considered to be the key players as it executes the most crucial role in evaluating the significant growth of the concerned firm. There are several competitors throughout the Australian market segments who have captured the large market segments in the field of manufacturing mobile devices. These are Samsung, Apple, Optus, virgin Mobile Australia and many others. It is very crucial to understand the desired requirements of the concerned market segments as it will reflector the preferred needs and the wishes of the concerned customers within the market segments. In order to enter market segments in the field of mobile industry understanding the desired offerings and the market share of the concerned competitors is crucial (Carroll, 2013). The market share of Australia has significantly increased from 29.3 % in august 2014 to 37.8 % till august 2015. The complete market of the smartphones has increased by a total share of thirty-five percent and this has provided th e desired opportunity to the other companies in the field of mobile manufacturing to enhance its business process. Apple Company is engaged in providing the finest quality of the mobiles devices in order to enhance the reliability and the smoothness of the customers present within the market segments. Innovation is considered to be one of the most crucial tools that help in providing the desired advantage to the concerned competitors within the market segments. Establishing the trust with the different clients is considered to be the vital factors as these increases the overall selling of the concerned products launched by the company within the market segments. as per a survey report, recognizing the increasing demands of the Smartphone's the future predictions says that there will be an increase of up to 67.2 percent for the smartphones users by the end of 2018 throughout the Australian market segments (Impact of latest NICE guidelines on CRT and ICD implant rates, 2015). The late st android phones have created a large impact on the minds of the concerned clients and there is a scope for Telstra Corporation to enter this field by launching exceptional and attractive mobile devices. The brand name of the company will help in increasing the selling of the concerned products within the different targeted market segments throughout Australia. Understanding the desired offerings from the key competitors within the targeted market segments will help in getting the advantage for the Telstra Corporation of Australia and it can significantly increase its profitability within the targeted market segments. Key business consumers There is a crucial need to focus on the desired relationship between the buyers and the concerned organization as this helps to increase the satisfaction of the customers related to the offering of the concerned products y the firm. Moreover, the Telstra Corporation needs to identify the particularly targeted customers in order to increase the sales revenue for the concerned organization. The concepts of the segmentation, targeting, and the positioning are crucial for the concerned organization , as it helps in targeting the desired customers for the selling of the products. The increase in the demands of the Smartphone evaluated the fact that there is a large number of the youth attracted towards the use of the newly launched mobile devices within the concerned market segments (KIMISHIMA, 2012). Therefore, the youth along the females needs to target as they are much prone to the newly launched gadgets within the concerned market segments. These will help to enhance the growth rate o f the firm and will opt for a large amount of the profitability for the concerned firm. There are some of the crucial factors which influence the desired relationship between the buyers as well as the sellers. The most significant for the concerned association is to understand as well as recognize the desired requirements of the concerned clients and then to assist them with required services. Differentiation in the pricing strategies plays the most crucial role in creating a great and immense impact in the minds of the different clients concerned. It has been seen that the different consumers of the concerned products have their own different requirements and the firms needs to recognize this as to satisfy the consumers from the services offered by the firm. The establishment of the customer support departments creates an enormous impact regarding the satisfaction f the customers as it helps in resolving the queries as well as the complainants of the customers and enhances the reli ability and also provides a desired smooth experience to them. These factors are the availability of the respective alternatives, importance of the supply, complexity of the desired supply and the dynamism of supply market. The performance of the firm is another vital factor which helps in attracting the large number o the consumers towards the firm (Kotler, 2014). Assisting the customers as per the needs will help in retaining the old customers as well as to target the new customers. The youths needed to be targeted as they generate the larger percentage of the sales revenue for nay of the concerned firm. Marketing analysis and the effective planning Segmentation approaches Identification of the desired market segments is considered to very crucial as these increases the selling of the concerned new products launched by the particular company. Telstra Corporation of Australia identifies its market segments throughout the different parts of the world as well as the market segments of Australia to launch its new products. The segmentation is the dividing of the large market segments into smaller segments of the concerned markets as this helps in recognizing the needs of the customers and to assist them with the satisfactory products as well as the services (Latest Developments: UK and EU, 2011). There are three of the crucial factors related to one another for the launching of new products within the concerned market segments; they are segmentation, positioning, and targeting. The analysis of the macro as well as the micro-segmentation will help in identifying the needs and the importance of the concerned market segments. These reflect the desired strengt hs as well as the weakness of the firm. Before launching the new mobile devices, it is very crucial for the firm to recognize the features of the similar products offered by the other firm. The market needs to be segmented on the basis of accessibility, measurability, responsiveness and the substantiality. The use of the PESTEL analysis will help in understanding the desired pressure from the political factors where the company is planning to launch its products and execute its business procedures. Targeting the desired customers is considered to be of great importance as they help in evaluating the desired expansion of the market segments and the business procedure of the company (Latest Developments: UK and EU, 2011). The macro segmentation consists of the size of the organization as well as the industries whereas the micro-segmentation includes several factors such as choice criteria, DMU structure, the process of effective decision making, innovativeness of the organization, the buying of the glasses and the purchasing organization. The organization size refers to the buying of the same products having differentiated features as to enhance the selling of the products. The demands of the telecommunication industries are increasing in large numbers, therefore, the launching of the new products for Telstra Corporation will help in bringing the desired positive outcomes for the organization (Ottman, 2011). The use of the marketing mix is crucial as it provides the desired evaluation in the effectiveness and the efficiency of the concerned firm. The promotion of the products needs to be unique in order to generate an enormous impact on the minds of the concerned clients within the targeted market segments. Future growth potential of the industry There are certain effective strategies which can be used by the companies to enter into the new market segments for executing their concerned business processes. The report on the mobile telecommunication industries of Australia reveals the desired facts that there was a slow revenue growth for the Telstra Corporation as well as the second tiers operators. Telstra Corporation retains the dominances throughout the Australian market segments having a crucial share of 61% of the total revenue generated (Plunkett, 2009). The growth opportunities need to be evaluated on the basis of marketing plan consisting of the marketing mix. The understanding of the requirements of the concerned market segments is important before entering into that particular market segments (Plunkett, 2010). Use of the perceptual maps, as well as the concise implementation plan, is required in order to generate future growth strategies for the company. Figure: Perceptual map In order to enter the desired market segments, the most crucial is to enhance the branding of the concerned firm. The engagement of the customers within the firm is crucial and it needs to be done with the help of effective methods as to establish the desired relationship with the customers. For Telecom Corporation look to enlarge is expected to see a sustained augment in alliances as well as a partnership which is able to carry a range of necessary capabilities plus rate time-to-market (Telstra, 2016). For illustration, incorporation with the vital company in the industry like the retail, automotive, or the concerned healthcare is the preferred direction for the carrier to make bigger their trade, and do so in particular technique that is appropriate as well as less risky. Carriers require carrying on to focus on providing data services along with the voice services which are high superiority, dependable, and reasonable. Moreover, the companies need to enhance the quality as well as the reliability of the products they offer within the concerned market segments. The use of the effective and effectual strategies will increase the profitability share of the concerned organization. Corporate branding and the reduction in the cost prices are considered to be large importance as this helps to evaluate the desired profitability of the concerned firm (The latest intraoral sensors, 2013). The demands of the telecommunication market segments are increasing in large numbers and therefore The Company needs to produce differentiation strategies as to capture the entire market segments. References Anderson, S. (2015). Latest SPIE industry analysis quantifies biophotonics-enabled sector.SPIE Professional. Bachmutsky, A. (2013).System designs for telecommunication gateways. Hoboken, N.J.: Wiley. Balmer, J., Elia, L. and Gonza lez del Valle Brena, A. (2013).Corporate Marketing. Hoboken: Taylor and Francis. Blakemore, S. (2013). Healthcare strategy tackles clients lower life expectancy.Learning Disability Practice, 16(7), pp.8-9. Carroll, C. (2013).The handbook of communication and corporate reputation. Chichester, West Sussex: Wiley-Blackwell. The impact of latest NICE guidelines on CRT and ICD implant rates. (2015).Br J Cardiol. Incorporation latest. (2015).BDJ, 219(3), pp.142-142. KIMISHIMA, M. (2012). Introduction to Latest RF ATE with Low Test Cost Solutions.IEICE Transactions on Electronics, E95.C(7), pp.1147-1153. Kotler, P. (2014).Kotler on marketing. [Place of publication not identified]: Free Press. Latest Developments: UK and EU. (2011).Capital Markets Law Journal, 6(3), pp.396-405. Latest Developments: UK and EU. (2011).Capital Markets Law Journal, 6(4), pp.497-511. The latest step in implant evolution launched. (2014).BDJ, 216(6), pp.369-369.