The Historical Context of A Tale of Two Cities - 2575 Words

A Tale of Two Cities, by Charles Dickens, is a story set in the year 1775 and through the turbulent time of the French Revolution. It is of people living in love and betrayal, murder and joy, peril and safety, hate and fondness, misery and happiness, gentle actions and ferocious crowds. The novel surrounds a drunken man, Sydney Carton, who performs a heroic deed for his beloved, Lucie Manette, while Monsieur and Madame Defarge, ruthless revolutionaries, seek revenge against the nobles of France. Research suggests that through Dickens’ portrayal of the revolutionaries and nobles of the war, he gives accurate insight to the era of the Revolution. Charles Dickens is a talented author who wrote many notable novels, including A Tale of†¦show more content†¦Out of fear that Doctor Manette would report their crimes, they assured he would be imprisoned. As punishment for Darnay’s relatives’ wrongdoings he was sentenced to execution. In the end, the heroic S ydney Carton, who still had deep feelings for Lucie Manette, secretly stepped in for her husband, because of their astonishing similarities, and ultimately died for her sake. France’s relationship between the poor and the rich was gradually plummeting, leading to Revolution. Marshall B. Davidson reasons that France was bankrupt with â€Å"stupendous cost of those military ventures piled in the expenses of building and maintaining Versailles, and the king’s other palaces† (99). Conditions worsened because the expenses â€Å"were imposed largely on the poorer elements of the population, who were further afflicted†¦when famine ravaged the land† (Davidson 99-100). In The Coming of the French Revolution, Lefebrve asserts that the poor made up â€Å"at least three quarters of the population† making their financial issues severe (131). William Doyle adds the greedy aristocrats â€Å"clung to their exemption and privileges and used their politica l power to prevent the king from making necessary reforms† to save the country from their financial plight (8). France’s monarchy was weak and unorganized making its power over the French people, including the aristocrats, ineffective (Doyle 52). Additionally, a new socialShow MoreRelated Archaeology and the Trojan War Essay1705 Words   |  7 Pageslayers of ruins †¦ and two bore unmistakable signs of violent destruction. One of these layers, the seventh according to more recent excavators, was no doubt the city of Priam and Hector. The historicity of the Homeric tale had been demonstrated archaeologically.† - M.I. Finley, the World of Odysseus Introduction The Trojan War and its characters are detailed in the writings of Homer, Vergil, Dante and many others. It is a fantastical tale of a decade-long siege of a powerful city by a massive pan-hellenicRead MoreArchaeology Has Proved the Historicity of the Trojan War. Discuss1748 Words   |  7 Pagesof ruins Â… and two bore unmistakable signs of violent destruction. One of these layers, the seventh according to more recent excavators, was no doubt the city of Priam and Hector. The historicity of the Homeric tale had been demonstrated archaeologically. - M.I. Finley, the World of Odysseus Introduction The Trojan War and its characters are detailed in the writings of Homer, Vergil, Dante and many others. It is a fantastical tale of a decade-long siege of a powerful city by a massive pan-hellenicRead MoreImagery and Themes in the Epic of Gilgamesh1139 Words   |  5 PagesHistorical Context - Imagery and Themes Rosenberg notes that Gilgamesh is probably the worlds first human hero in literature (27). The Epic of Gilgamesh is based on the life of a probably real Sumerian king named Gilgamesh, who ruled about 2600 B.C.E. We learned of the Gilgamesh myth when several clay tablets written in cuneiform were discovered beginning in 1845 during the excavation of Nineveh (26). We get our most complete version of Gilgamesh from the hands of an Akkadian priest, Sin-liqui-unninniRead MoreA Tale of Two Cities Speech1511 Words   |  7 PagesA Tale of Two Cities Speech The storming of the Bastille#8230;the death carts with their doomed human cargo#8230;the swift drop of the guillotine blade-this is the French revolution that Charles Dickens vividly captures in his famous work A Tale of two cities. With dramatic eloquence, he brings to life a time of terror and treason, a starving people rising in frenzy and the to overthrow a corrupt and decadent regime. With insight and compassion, he casts his novel of unforgettableRead MoreA Critical Appraisal of: Beowulf and Gilgamesh Essay examples1640 Words   |  7 PagesA Critical Appraisal of: Beowulf and Gilgamesh There are many differences and critical comparisons that can be drawn between the epics of Beowulf and Gilgamesh. Both are historical poems which shape their respected culture and both have major social, cultural, and political impacts on the development of western civilization literature and writing. Before any analysis is made, it is vital that some kind of a foundation be established so that a further, in-depth exploration of the complex natureRead MoreThe Middle Ages1747 Words   |  7 PagesHenry II was the first Angevin king of England and Richard I, the lionhearted, was his son who went in the third crusade. In addition, the Feudal system was developed in the middle ages. With this system, kings became more powerful. At the same time, cities emerged from castles. Furthermore, the British parliament became a regular institution for consulting nobles and churchmen as well as representatives of the shires and towns. Parliament became the place to address problems of law in England (â€Å"England†)Read MoreThe Epic Of Gilgamesh : The Nature Of Love, Suffering, And Wisdom1698 Words   |  7 Pagesthe very different applications of love in different books. However, one common idea about the relationship between love, suffering, and wisdom, can be argued for based off the ancient texts that we read. In The Epic of Gilgamesh, Antigone, and The Tale of Genji, love is used as a vehicle for wisdom through s uffering and loss. In The Epic of Gilgamesh, it is initially Enkidu’s and Gilgamesh’s love for each other that causes them to become better people. Gilgamesh becomes a much more balanced andRead MoreConey Island And Disneyland Analysis1671 Words   |  7 PagesConey Island and Disneyland are two historical representations of pleasurable pastimes where Americans could go to temporarily leave behind their stereotypical duties and rigid social conduct. The American culture in the late nineteenth century to the twentieth century was a time period where Americans were establishing standards on ways to act and live in America. These standards combined the idea of happiness with socially acceptable behavior. Over time the American Dream became more defined, whereRead MoreLeda And The Swan Poem Analysis1260 Words   |  6 PagesEnlightening the audience of the mystical tales about Greek gods and goddesses that depict the cynical dehumanization and assault of women, and as well as the scenic mou ntains of Vermont, where an incident and the death of a young man is symbolic to the constant warfare that the soldiers endure daily. Likewise, allusion in the poems â€Å"Leda and the Swanâ€Å" by W. B. Yeats, â€Å"Out, Out---† by Robert Frost, and â€Å"Siren Songâ€Å" by Margaret Atwood reveals the historical conflicts that occurred within Greek mythologyRead MoreEurope and the Black Death Essay1541 Words   |  7 Pageswas a slight advantage: several people were literate and documented the event of the Black Death by letters, poems, or even stories. The Decameron, by Giovanni Boccaccio, is a fictional medieval allegory. Within this frame narrative, 100 fictional tales were told by among the characters, describing the life in Italy the same years as the bubonic plague. In the text, Boccaccio depicts a story about ten wealthy Italians fleeing to the countryside after news of this mysterious deadly disease. Through

Stem Cells Should Not Be Used Therapeutically Essays

Stem Cells Should Not Be Used Therapeutically A stem cell is a cell in the body that can differentiate into almost any other type of cell in the body. Stem cells come from sites in the bone marrow, as well as the tissues of developing fetuses. The most controversial issue in stem cell therapy is the use of fetuses for their stem cells. Scientists want to clone human embryos, and use the stem cells long before the embryo matures (when it is only about 36 cells). This causes a large amount of unease in society, because people fear that stem cells and therapeutic cloning will lead us into disgusting and horrible experimental practices, as well as therapies. Most people in America do not want this horrible vision of the future to come†¦show more content†¦People view them as madmen playing God, under the guise of â€Å"helping humanity as a whole†. There are many reasons that embryonic stem cells should not be used. The main reason that the embryonic stem cells should not be used is because the embryo is terminated when the cells are extracted. Bush has passed a bill stating that he was â€Å"banning federal funding for stem cell research that involved the destruction of living human embryos,† (Commonweal, 2002, p8). This ban does not outlaw privately funded projects, so there could be many people working on embryos that they have attained. Bush did ban â€Å"therapeutic cloning† (cloning humans for â€Å"body parts† if the need should arise later in one’s life). If he did not step in and ban therapeutic cloning there would be free reign for anyone who had money to spend. There are many scientists world- wide who would like to clone their embryos from their patient’s DNA. The blastocyst of a developing fetus has â€Å"the ability to continuously and seemingly indefinitely proliferate.† (Economist, 2003, p 1005). This allows scientists to produce a fetus for an individual that will keep on producing stem cells for the life time of the patient. To have your DNA in the stem cells, gives you the advantage of less chance of rejection. Not all scientists want to clone embryos which will only be terminated for their stem cells. Most only want to useShow MoreRelatedStem Cells And Stem Cell Research1477 Words   |  6 Pagessociety is that of stem cells. Stem cells are the cells in the early human developmental stage that form to be any type of cell. Not only do these cells have the ability to transform, but they also act as the body’s repair system. With this knowledge, the scientific community has used these traits to help cure diseases and even save lives. However, there is a problem using stem cells for research. There are two kinds of stem cells that exist, Somatic stem cells and embryonic stem cells. The firstRead MoreEssay Problems with Embryonic Stem -Cell Research1416 Words   |  6 PagesRecently in the scientific world, the field of embryonic stem cell research has become a popular topic and has been the subject for many heated debates. Experts in the field of stem cell research promise that this will be the future of medicine; that stem cells will be the cure to all the debilitating diseases and afflictions of today, such as Alzheimer’s disease, heart disease, cancer and nerve damage. The truth about embryonic stem cell research is that it is not as hopeful and as revolutionaryRead MoreStem Cell Research And Cures1703 Words   |  7 PagesName Professor Class Date Stem cell research and cures Stems cells are cells that have the ability to differentiate into specific ones. They divide through mitosis and can only be found in organisms that are multicellular. Mammals have two types off stem cells: embryonic stem cells which are obtained from the internal cell mass of blastocysts and adult stem cells which are located in different tissues. In adult organisms, progenitor cells and stem cells function as the repair system of the bodyRead More Embryonic Wars Essay1634 Words   |  7 Pagescloning is a technique used by researchers and animal breeders to split a single embryo into two or more embryos that will all have the same genetic information. Some more extreme forms of Embryonic or Therapeutic cloning involve the deliberate creation of an identical twin to be destroyed before implantation in order to make replacement tissues. However, these identical twins are usually only six day old embryos, a minuscule collection of cells without a nervous system. Therapeutically, the notion of cloningRead MoreAll And Its Effects For Lymphoblasts1355 Words   |  6 Pages What is it? ALL is an overproduction of premature white blood cells , called lymphoblasts or leukemic blasts. These cells crowd the bone marrow preventing it from making normal blood cells. They can also spill out into the bloodstream and circulate around the body. Due to their immaturity, these cells are unable to function properly to prevent or fight an infection. Inadequate numbers of red blood cells and platelets being made by the bone marrow. This causes anaemia, and easy bleeding and bruisingRead MoreDrug And Medicine Of The Medical Field And Classification Of Medicine1368 Words   |  6 Pagesstreet usage. Dictionary.com gives the drug meaning as a chemical substance used in the treatment, cure, prevention, or diagnosis of disease or used to otherwise enhance physical or mental well-bein. pharmacotherapy is an important part of the medical field and relies on the science of pharmacology for continual advancement and on pharmacy for suitable department. The world of drug is huge; it has a great history, so it should have classified ; scientists’ efforts in this field and classification ofRead MoreExploring Antisense Based Therapeutics s Therapeutic Potential And It s Utility As A Research Tool2123 Words   |  9 Pagesagainst the aims of the project. The evidence will be assimilated through critical analysis using research methodology assessing the quality of research papers and systematic reviews using tools such as PRISMA. A descriptive summary and tables will be used to present the evidence using objective statistical tools where possible and meta-analysis will be applied if the data is homogeneous. The project aims to critically evaluate the available evidence highlighting the therapeutic potential of antisenseRead MoreCloning, Pros and Cons Essay2998 Words   |  12 Pagesthe waiting process? Cloning as a Possibility? These situations and many others have brought up the topic of cloning. Cloning refers to any process that results in the creation of an identical or almost identical genetic copy of a molecule, cell, or individual plant, animal, or human (Wilson, 2002). Recently, it is being heavily researched for its potential uses. Some difficult questions arise with the uses of the clones. Could clones be farmed to provide spare body parts for their parentRead MoreCNPR Certification Exam 13th And 14th Edition6004 Words   |  25 Pagesconditions that they are used to treat, and then by their mechanisms of action 2. first by their mechanisms of action, and then by their therapeutic effects 3. first by their side effects, and then by their therapeutic effects 4. first by their toxicity, and then by their effectiveness 2. Bone marrow transplants†¦ 1. ... require that the patient first undergo chemotherapy or radiation to kill the diseased stem cells and promote white blood cell production. 2. ...are a type of stem cell therapy, unlessRead MorePharmacological And Ethnobotanical Review Of Aristolochia Bracteolata L4386 Words   |  18 PagesAristolochia bracteolata L. from family Aristolochiaceae is commonly known as Kida-mari, Gidan-pala. The plant has been used widely by traditional practitioners for the treatment of various diseases in in Indian subcontinent in the traditional system of medicine to treat cholera, fever, bowel troubles, ulcers, leprosy, skin diseases, menstrual problems and snakebites. The plant is also used as emmenagogue, abortifacient, antineoplastic, antiseptic, anti-inflammatory, antimicrobial, antipyretic, antifertility

Military Downsizing Consequences After Major Conflicts

Military Downsizing Consequences After major conflicts, the government downsizes its military numbers significantly, losing the best-qualified leaders to lead the future’s military. This drastic method of downsizing the military after major conflicts harms our troops and could harm the future of our great nation. If the nation really needs to downsize its military, then it should be done in a very careful manner and to pay extra attention to not losing the best qualified leaders it currently has. Throughout military history, the government quickly downsizes its army to its bare minimum after conflicts, usually within five years, due to budgeting issues. According to Mary Ann Evans, the author of Downsizing In The U.S. Army: Common†¦show more content†¦Our sample consists of the survivors — the future leaders of tomorrow s army (p.210). When future leaders loose commitment to their duties, how effective will they be in future conflicts? According to what is happening around the globe in this present time, there is a high possibility that the U.S. could be dragged into a major conflict in the near future. The most critical issue that we face when it comes to downsizing the army is the readiness and security of our nation. Politicians say that downsizing the military brings back the nation’s financial stability. Army leaders do not see it that way, but weakens our nation s defense capability and our commitment to the rest of the world. General Odierno, the Army Chief of Staff (2013), states that â€Å"In his professional military judgment, that the projected end strength and force structure levels would not enable the Army to fully execute 2012 Defense Strategic Guidance requirements to defeat an adversary in one major combat operation while simultaneously denying the objectives of an adversary in a second theater. Additionally, it is unlikely that the Army would be able to defeat an adversary quickly and decisively should they be called upon to engage in a single, sustained major combat operation† (Chief, Congress and DoD hammer out Army s future manning levels, par. 18). The military is not just weakened by the numbers, but by experience andShow MoreRelatedEffects Of Downsizing Of The Army Downsizing Essay854 Words   |  4 PagesEffects of Downsizing The impact of the Army downsizing is nothing new. This rapid demobilization of forces has transpired after every major conflict. The most recent downsizing effort was from the Persian Gulf. The Army was an incredibly powerful force around 730,000 in 1990 and rapidly downsized to 508,000 in 1995. Once again, the Army is repeating itself, projecting to shrink the active force from 566,000 during the height in 2011 to a speculated 420,000 reaching this in the fiscal year 2017Read MorePost-Cold War US Foreign Policy1417 Words   |  6 Pagesgovernance changed the focus of US foreign policy. The change did not happen overnight and has ebbed and flowed significantly across time, often associated with the nature of foreign conflicts and US involvement in them but change it did (Saull, 2007, p. 180). The reduction of the size, might and influence of the US military and many institutions associated with foreign relations was almost directly in response to the reduction in the obvious la rge and cohesive threat of the Soviet Union. Once that cohesiveRead MoreEssay about Organizational Culture6678 Words   |  27 PagesDownsizing And Organizational Culture Thomas A. Hickok -------------------------------------------------------------------------------- Abstract In this article Hickok argues that, ultimately, the most prominent effects of downsizing will be in relation to culture change, not in relation to saved costs or short-term productivity gains. In particular, the author notes three observations in relation to the impact of downsizing on organizational culture. First, it clearly appears that powerRead MoreDownsizing and Organizational Culture5617 Words   |  23 PagesDownsizing and Organizational Culture By Joe Gonzalez Sociology 100 Dr. Mario Reda Table of Contents Chapter 1........................................................................................................................1 Chapter 2........................................................................................................................2 Organizational Culture Defined........................................................................2 Downsizing Defined...Read More Downsizing And Organizational Culture Essay5490 Words   |  22 Pages Downsizing and Organizational Culture Table of Contents Chapter 1........................................................................................................................1 Chapter 2........................................................................................................................2 nbsp;nbsp;nbsp;nbsp;nbsp;Organizational Culture Defined.........................................Read More Wars throughout Time3107 Words   |  13 Pages Sometime during the course of World War II, the United States became the most powerful nation in the world. During the last two hundred or so years, the United States has fought ten major wars and innumerable smaller military actions. For the most part it has been successful, in some instances defeating some of the world’s most powerful countries. In other instances it has simply been lucky. A common threat throughout the nation’s existence has been the practice of indifference and neglect. BetweenRead More Developing Leaders Essay3300 Words   |  14 Pageskey components. â€Å"Leading means influencing other people to get the job done, maintaining morale, molding company structure and managing conflicts and communication† (Dessler, 2004, p. 3).   Ã‚  Ã‚  Ã‚  Ã‚  Effective leadership is the foundation for any business. Developing leaders, leading strategic planning, overcoming obstacles, and motivating and inspiring employees are major components of leadership. Many articles and publications have been devoted to these four components. In selecting the articles to beRead MoreConfessions of an Economic Hitman2350 Words   |  10 Pagesconfessions of an economic Hit man had to be summarised in a sentence, the quotation above should give you the reader briefly; a general inquest into some of the main topics of discussion in the book. The author (John Perkins) describes in great depth the conflicts of interests between the developed and the developing world whilst integrating his life journey as part of a riveting and gripping novel. The book begins in the 1960’s and the author gives a personal account of his life, family and education threwRead MoreOrganizational Behavior Issues9605 Words   |  39 PagesQuestions on Organizational Behavior Prepared by Dr. Stephen Hartman, School of Management, New York Institute of Technology. 1. How have American companies suffered in recent years? In an effort to reduce costs, restructuring and downsizing have affected almost every organization. However, recent research suggests that there are costs for these organizations in terms of their impaired ability to perform long term. Many companies have shown poor leadership when trying to capitalize on technologicalRead MoreOverview of Hrm93778 Words   |  376 Pagesrequired to succeed in today’s environment which are, you must be able to communicate, think creatively, plan effectively and deal with people. Copyright  © Virtual University of Pakistan 1 Human Resource Management (MGT501) INTRODUCTION TO HRM After studying this chapter, students should be able to understand the following: Describe HRM? Explain why are we concerned about HRM? Discuss Road-map of HRM VU Lesson 1 LESSON OVERVIEW This chapter introduces the students with the basic concepts

Food Trends Of Western Countries - 968 Words

Introduction Problem Statement / Definition of Research Area Food trends in Western countries are causing malnutrition in developing countries. This is due to the mass exportation of crops from poorer countries to supply the heightened demand in more developed countries. This process results in a severe shortage of the local population’s staple diet as their harvest is exported out of the country instead of supplying the needs of the country’s own citizens. An example of this is the quinoa ‘superfood’ fad which is causing starvation in Bolivia (see Appendix A). In Bolivia, quinoa was once a nourishing staple food; however, the local population can no longer afford to eat it and imported highly processed junk food has become a cheaper commodity. This is a severely prominent issue as 795 million people in the world do not have enough food to lead a healthy active life; which equates to one in nine people on earth (World Food Programme, 2016). This problem could be resolved by strengthening the food security of develope d countries and lessening the country’s reliance on imported foods. At least 12 of the United Nation’s 17 Sustainable Development Goals contain indicators that are highly relevant to nutrition (see Appendix B). This reflects the central role that nutrition plays in sustainable development. Improved global nutrition is the platform for progress in health, education, employment, female empowerment, poverty and inequality reduction (International Food PolicyShow MoreRelatedCharacteristics, Issues And Trends Of The Region From An Agricultural Perspective1308 Words   |  6 Pagescharacteristics, issues and trends of the region from an agricultural perspective. To provide an introduction and insight first a brief summary of East Asia will be provided. East Asia includes approximately 15 countries, within this there is a population of 1.974 billion people. Of the total population 51% live within rural areas resulting in agriculture making up 11% of GDP, which is considerably more than the likes of the US (1% of GDP). There is considerable diversity between countries within East AsiaRead MoreGenetically Modified Organisms : Do You Really Know What You Are Eating?972 Words   |  4 PagesGenetically Modified Organisms:Do You Really Know What You Are Eating? Trends and correlations between the foods we eat, and the disorders we are developing are rising tremendously. Some would even use the term epidemic when looking at the data comparing the use of genetically modified food, like corn and grain, as well as the meats eaten, and the increase of neurological disorders like attention deficit hyperactivity disorder (ADHD). Pesticide and the engineering done to plantsRead MoreGolden Arches East Essays1166 Words   |  5 PagesMcDonald’s is not some ordinary fast food restaurant with its trademark logo advertised almost everywhere in the U.S., many people all over the world know about these famous golden arches. The McDonald’s franchising started in 1955 and in less than fifty years, McDonald’s was introduced all over the world in countries such as, China, Japan, Great Britain, Sweden, France etc. McDonald’s global expansion has intermingled with cultural traditions because these countries are becomi ng more westernized. SinceRead MoreCultural Integration And Cultural Assimilation1038 Words   |  5 Pagesbeing assimilated into the Western way of life. The cultures of ethnic groups in the United States and other countries are constantly influenced by the Western culture through movies, singers, clothing brands, food companies, and new technology inventions. Immigrants are expected to resemble the dominant culture in terms of norms, behavior and values. The three factors that contribute to cultural assimilation are: people throughout the world are influenced by the western fashion and can buy the sameRead MoreHigh Fat Diets And Western Eating Habits1714 Words   |  7 PagesFigure 2. Trends over time in average global body mass index and global mean difference in GDP per capita (a) and KOF economic globalization index (b) for 127 countires 1980-2008 (Vogli et al. 2014). Additionally, these trends suggest a historical anomaly that has occurred over the last three decades. High fat diets and western eating habits were restricted to rich industrialised nations with higher Gross National Product levels (GNP). The consumption of animal products high in fat and proteinRead MoreChina and India, Western Influence on Youth924 Words   |  4 Pagesï » ¿ China and India, Western Influence on Youth BUS 330 Over the last decade China and India have adopted trends from western-styles. These are two heavily populated countries and their youth are gravitate more to western styles. There are many goods and services that can be offered to their marketers. This paper will describe the products that interest these youth markets. Compare and contrast the micro- and macro-environmental forces that influence the marketing strategies for these goodsRead MoreProposal for Overfishing in the Pacific Ocean1122 Words   |  5 PagesOcean: For human populations, particularly people in the poorest countries across the globe, fish is an important source of nourishment and food. As a result, fisheries catches represent a huge export of energy and mass that can no longer be utilized by trophic levels that are higher than those fished. For a long period of time, several human populations across the globe have continued to depend on fish as a significant source of food and nourishment, which has contributed to widespread overfishingRead MoreInternational Business- Assignment 4 Essay1200 Words   |  5 PagesDate: June 26, 2014 Re: International Business- Assignment 4 Questions 1. Discuss the implications of globalization on the food industry in China. 2. What makes China so attractive to U.S. food companies? Discuss why it is important to gain 3. Reflect on the standardization versus adaptation debate as it relates to marketing fast food and processed food in China. Using the ‘4Ps’ of marketing, discuss how companies should approach the market. Which elements in the marketing mix canRead MoreRelation Between Fast Food Restaurants and Obesity1195 Words   |  5 Pagesï » ¿Fast Food Restaurants and Obesity Introduction The combination of increasingly sedentary lifestyles, two-income families with children, busy single professionals and the proliferation of fast food restaurants in recent years has created a perfect storm of obesity in the United States as well as a number of other countries. Further exacerbating the problem is the lack of nutrition and high levels of fat content in many fast food restaurant products, making their consumption a high-risk activityRead MoreChinese Food As A Multicultural Country852 Words   |  4 Pagesmulticultural country. How can the new immigrants adapt to themselves to live in different lifestyle and culture? According to the author Arlene Chan, â€Å"Canadians celebrate on July 1 because that day is Dominion Day, but for Chinese is â€Å"Humiliation Day† (Chan, 1878). It means Chinese immigrants refused to celebrate like what the Canadians do in July 1. Thus, different cultures cannot be merged easily due to food culture, wedding culture and education culture. First of all, based on the countries food culture

Michelangelo Art Essay Example For Students

Michelangelo Art Essay To see a scorned, beaten, and crucified man, lying dead in the arms of his mother is an image, which can inspire overwhelming emotions within the heart of an observer. Yet, for the longest time Ive had such difficulty looking at Michelangelos art in this way. To me, art has never been about expressing oneself or conveying a message to others, but simply creating an image for the sake of beauty and perfection. When I look at Michelangelos art I see a cold, solid mass of marble carved by the skilled hands of a master, Rather than this work of great beauty, capable of eliciting a deeply emotional response. I look at it in terms of the techniques Michelangelo used the understanding he had of the human form, to render a piece ultimately comprising precision and realism. It has been upon these standards that I have based my concept of what art is. In my eyes, art has always been just a unique ability that I have. I feel driven by it, not to express some deep emotion, but almost as an obsession to perfect my own ability. Every stroke of a brush and every motion I make are to make what Ive created more detailed, graceful, and real. Im only now beginning to realize how much more there is to art than what I had previously understood. When I look at a piece of my work, I see the detail and realism of it, yet somehow I feel that these aspects are all that it possesses. I wonder whether or not Ive almost turned my sense of art into a science that lacks the essential characteristics of art, which are expression and emotion. Somehow now I have begun to see that the strictness and precision of my art truly is an expression of who I am, and that through it, one can understand how I perceive the world around me. Personally I feel uncomfortable in a world where nearly every aspect of our lives is becoming less clearly defined and where right and wrong are continually forsaken for a vague sense of truth. So in some respects, art provides me with the sense of structure, order, and continuity, which I feel, is lacking in modern life. Ive found that the meaning of art goes far beyond any technique or style, and that for each individual, art is a reflection of his or her own unique identity. While the touching image of a mother and child or the powerful story of the scorned savior in the Pieta may bring tears to the eyes of some, but in my eyes the greatest beauty and the deepest meaning exists in the grace and realism that lies within every detail of this masterpiece.

Walt Disney Yen Financing free essay sample

Should Disney hedge its yen royalty cash flow? Why or why not? If so, how much should be hedged and over what time period? Yes, Walt Disney Company should hedge its royalty cash flow to protect against currency fluctuations. The company has revenues in Yen and does not have expenses in Yen. Thus it would be converting the Yen to Dollar and so is exposed to foreign exchange risk. The value of Yen has declined recently and it is difficult to forecast what the value could be in the future. Also currency speculation should be left to speculators and Disney should not play on the exchange rate. It would be wise to educe the risk due to changes in exchange rate. The royalty receipts form a significant part of the pre tax income of Disney and any adverse movement would impact the financial position of Disney. The maximum amount and the period should be the Yen royalties that accrue to Disney. At the moment the amount is Yen 8 billion. The royalties are expected to grow for all times in the future and so the hedging should be for the maximum maturity available which is 10 years. At the minimum, Disney may Disney may want to take enough money so as to reduce the debt to capitalization ratio back to 20% which now stands at 32%. The expected yen revenue stream of more than billion every year would create 2. Assuming a hedge is desirable what hedging techniques available to the treasurer? What are the advantages and disadvantages of each? The various hedging techniques available and the advantages and disadvantages are : 1. Currency Options In this Disney could buy dollar yen options allowing Disney the right to buy dollars against yen at a predetermine rate or could sell Put options allowing Disney to sell yen for dollars at a predetermined rate. The advantages of options are It gives the right but not the obligation. If the Option is out of the money it need not be exercised. Options have an unlimited upside but limited downside so will help Disney benefit from favorable rate movement. Options can be taken for high amounts using small margin money The disadvantages are The time period for which options are available is till 2 years only. Beyond 2 years the market is not liquid Options require payment of upfront premium and so there will be a cash outflow 2. Forward Contracts In this Disney could take a forward contract through a bank and sell the Yen forward for US Dollars at a rate that is fixed now. The advantages are Forward contracts can be tailored to the needs and requirements of Disney Longer term contracts are available and Disney could hedge up to 10 years The forward contracts can be cancelled and so provide some flexibility in the future years The disadvantages are The rate is locked at the time of contract and so there is so upside benefit The forward contracts need to be honored at maturity and so Disney has to settle it As to Disney and so would tie up lines of credit Forward contracts are exposed to default risks of the counterparty 3. Futures Futures are standardized contracts hich are traded on the exchanges. That is the only difference between forward contracts and futures. Disney could buy or sell contracts on the futures exchange and hedge its exposure. The advantages are : They are liquid as they are traded on the exchange Using futures would not tie up the lines of credit with the banks There is not much default risk as the futures are market to market daily. The disadvantages are As these are standardized, they cannot be customized to the requirements Require a margin deposit The futures contracts are available for shorter periods only 4. Swaps Disney ould swap its exposure in Yen with Dollars so that its inflow is in Dollars and it pays Yen The advantages are Swaps are off balance sheet financing with only disclosure in notes. Thus the balance sheet looks better The two parties to Swap could customize the terms to their requirements Swap enables parties to access capital markets which they may not able to do directly The disadvantages are High fees to be paid to the intermediaries It is difficult to get counterparties with a perfect hedge 4. Yen 15 billion 10 year bullet loan The advantages are The time period would be 10 years Ђ The interest rate would be the Japanese prime rate Since it is a bullet loan it does not help in hedging the year on year income Requires lump sum payment on maturity It is more expensive than the SWAP transaction Has upfront fees Other hedging methods such as issuing longer maturity Eurodollar note was not feasible because of the Disneys temporarily high debt ratio. Also, Euroyen bonds are not an option because Disney was not eligible to issue them under Japanese regulations. 3. In light of the various other techniques for hedging currency exposures why the market for currency swap does exists? Who benefits and who looses in such an agreement? Can a swap really create value for a corporation? And if so where does the value come from? What risks does the swap carry for the various parties involved? The market for swap exists since it allows parties to access market which they might not be able to do directly. Also swaps are customizable between parties and so are more flexible. The duration of swaps could be the duration of the exposure. These advantages have led to the creation of the swap market. Swaps also help in and then use a swap to get back to their home currency. Swap also helps in lowering he overall cost of borrowing as also enable firms to change their payment stream to either fixed or floating. When the swap is initiated for the first time, it creates value since only if value is created will the parties agree for a swap. The value comes for the differing credit ratings of the firms. In interest rate swaps, two firms come together to swap their interest obligations and each mat find that it is paying a lower rate than before. The risks that the swaps carry is the changes in the market after the swap has taken place. ves