FX market In the period before the referendum, both trends are uptrends, which are the same. Therefore, in both markets, the conditions are similar, and they are working in favor of the position of the traders. The trends signify that the demand for the assets in both markets is higher than the supply. Therefore, the prices were expected to continue moving upwards. However, the trends after the referendum are different, in that in the FX market, there is an uptrend, while in the FTSE100 market, there is a constant trend in the market prices. Hence, there were different market conditions in the two markets after the referendum. However, the conditions favored both markets since, in the FTSE100 market, the prices, yet constant, were slightly higher than before the referendum. On the other hand, the prices in the FX market moved upwards. It is an indication that in both markets, the demand for assets became higher than before. f) Before the referendum, both markets exhibited bullish tendencies throughout the years. Possibly, it could be because the economy was on a recovery…
The Global Financial Crisis of 2008 The global financial crisis of 2008 is one of the worst economic disasters to have hit Europe after the Great Depression of 1929. The tragedy hit Europe despite the efforts from the Federal Reserve and the Treasury Departments to calm the Europe’s economic turbulence (Fassin & Gosselin, 2011). The Global Financial Crisis of 2008 had ethical concerns which swept across the affected governments and the organizational leaders. Federal governments and corporate leaders faced ethical issues emanating from the mortgage brokers, subprime mortgage lenders, and to the securitization of mortgages. The organizational leaders who managed the rating firms were incompetent regarding the assignment of investment ratings and the collateralized debt obligations. The leadership of the regulatory agencies and the Security Exchange Commission (SEC) failed to review the required adequate disclosures in the supplemental prospectus for banks (Elliott, 2011). Consequently, the international banks failed to underwrite the criteria used to assemble the pooled loans, thus presenting one of the significant ethical concerns during the 2008 global economic tragedy. States, global leaders, and federal personnel agreed to…
Agency Resources I Food and Shelter Introduction In the whole world, several agencies are offering basic needs to the needy, and most of the time, they can be privately or publicly managed. Commonly known as donors in the developing countries, the teams play a crucial job of providing foreign aid, which not only creates exportation but also for investments. Besides, due to economic development, donors try as much as they can to facilitate economic development practices in such areas to stimulate growth (Button, Reform, Councils, Fisherfolk, Labor & Poor, 2019). Among many, the resources provided by the donors could serve different purposes such as housing, food, travelers’ assistance, rent, or utilities. The goal of this essay is to provide a list of agencies that help with basic needs mentioned above in the United States of America. The table below provides an overall summary of the different agencies helping with basic needs in the United States of America. Rent Utilities Travelers’ Assistance Housing Food Name of Agency Offering Aid The Salvation Army; USA U.S Agency for International Development…
Turkish financial and economical crisis Even though there have been conflicting thoughts that purported finance and economics as totally separate disciplines, however, scholarly factual arguments reveal that the two fields are strongly interrelated in the sense that finance and economics influences and informs each other. Therefore, the economics often associated with a vast point of focus, such as a country or a federal region market performance and the relevant public policies concerned. However, finance highlights the return and risk evaluation associated with investors and companies. Thus there exists a financial crisis when money supply is overtaken by money demand, which therefore leads to economic crisis. A phenomenon in which a country’s economy encounters an immediate downturn attributed to the financial crisis. Both financial and economic turmoil characterizes in recent years. In 2018, many countries witnessed monetary tightening worldwide, which mainly affected the emerging markets in which Turkey was one of the most affected. Turkey has been one of the best performing and fast-paced economic growth rates globally, outshining countries such as India. Reports indicate that the country recorded a growth…
Agency Resources III Crisis Intervention ABSTRACT The World Health Organization (WHO) defined Crisis as an event which negatively affects the topmost values existing in an organization, through the minimal time presented in the disposal of the scene which most of the time is unexpected. In the United States of America, crises such as Assault, rape, suicide, family violence and child abuse reports as per 2018 indicates that an average of 433,648 cases of rape was reported whereas suicide, family violence, child abuse and assault were 14.2%, 0.3-4%, and 25.3% and 0.25% per 100,000 individuals respectively (Couvillon, (Eds), 2019). The conditions impact to the victim’s emotion well- being, social, economic and political life as, and individuals in crisis tend to react differently from perceived, processed it as well as reacting to the information presented. Crisis tends to affect the organization decisions in several ways regardless of the type which could be faith-based, non-profit, profit or of federal ruling. 30% of the organization existing in the United States of America, more so Texas, have experienced tension, uncertainty and stress features as a…
Effects of Climate in British Columbia Climate change is not an issue only explainable at a global level, given the evidence in British Columbia (BC). The administration in BC identified various regions that have had a significantly higher increase in temperature (Drolet & Sampson, 2017). The change in climate can introduce risks such as unemployment, natural disasters, a distinction of marginalized groups, and forced immigration. These vulnerabilities rely on age, gender, family, ethnicity, race, livelihood, religion, and socio-economic groups (Drolet & Sampson, 2017). Predictable effects of climate change are now a reality, and there is no doubt that there will be alterations in BC. Therefore, it is imperative to assess how environmental changes will affect lifestyle, expectation, and attitude in BC. The infestation of BC by the Mountain Pine Bettle will have a significant impact on health. According to Ostry, Ogborn, Bassil, Takaro, & Allen (2014), the insects are a pandemic in the area, and they surge in number during the during pine tree harvesting and warm winters. Naturally, the insect disappears during cold winter, but an increase in global…
Audit risks-Practical Q1a. Understanding and application of Audit risk in business. When carrying out an audit, it would be a tall order for the auditor to go through all the company’s transactions as recorded in the statement of comprehensive income and the statement of financial position. Therefore, they must consider utilizing the risk-based approach which ensures a more efficient audit process by considering the level of audit risk. Audit risk denotes the event that the auditor will present the wrong opinion due to a misstatement in the company’s financial misstatements (Demartini & Trucco, 2016, p. 329). This is accelerated when there are business risks that the auditor is not adequately aware of and, thus, fails to include it in their audit assessment. Business risks include lowered profitability, loss of customers, increased production cost, the rise in competition levels and fraud and theft among others. Considering the business risks, therefore, ensures that the auditor is aware of factors that can lead to possible financial statement misstatement. In order to minimize audit risk, the auditor needs to start by deeply…
Communication Plan Through the SWOT analysis conducted on the IT infrastructure of A-Energy Company, some of the opportunities and threats were revealed. Therefore, to prepare A-Energy Company for the expansion procedures, those issues concerning the risks and opportunities must be addressed. The vulnerability of the wireless network was one of the risks to the IT infrastructure of A-Energy Company. Therefore, a communication plan responsible for the implementation of Adaptive Wireless Intrusion Prevention System is necessary for the A-Energy Company’s stakeholders. This kind of communication plan for A-Energy Company will ensure that both the external and internal stakeholders gain information for change of IT infrastructure of the Company and the implementation of Adaptive Wireless Intrusion Prevention. The communication plan is also essential in ensuring that the stakeholders receive the essential information in good time and basic format (Diers-Lawson, 2019). Analysis of Stakeholders for Communication Plan The stakeholder analysis is done to identify the key stakeholders in the Company, know their interests and their influence in the Company, and their response to the upgrade of the wireless network system of the…
David Wallace-Wells David Wallace-Wells established the purpose of this piece in the first paragraph, the first line of the book. “It is, I promise, worse than you think… You are barely searching the surface of what terrors are possible”. Wallace-Wells’ aim at analyzing tribulations that people face due to climate change. Wallace-Wells established his audience based on disasters and the effects that the intended people are likely to face. For instance, ancient diseases that have re-evolved due to global warming, malaria in this case, will interfere with the unwavering ecosystem and trespass the disease to humans beyond the limits. the author uses “you” and “we” to address the audience to show inclusivity in that no one is excluded from the adversity of global warming. His purpose of switching between the two is that he is very particular in the audience he is addressing. He chose the audience to warn them of the encroaching danger likely to affect them. Hence they are not excluded from the threat. Wallace-Wells assumes that the audience does not know that global warming is likely to…
Crisis Intervention Theory The utilization of theories and models in social work has become a critical element of the profession. Understandably, social work is a scientific field that deals with problem-solving in human relationships. As such, the utilization of crisis intervention theory in dealing with human behavior during stressful moments is essential in ensuring there is complete healing and sustained emotional balance. Crisis intervention theory is a psychological paradigm that focuses on behavioral responses related to grief. Such psychological reactions can be short term, and hence they can be relieved with time-based on the techniques applied to curb the behavioral changes. Specifically, the expanded crisis theory focuses on the environmental, social, and situational facts of the crisis. In contrast, applied crisis theory encompasses domains such as usual development crises, situational, existential, and ecosystemic crises. Crisis intervention theory canbe traced to the initial authorship of Erich Lindeman, who was a German psychiatrist majoring in crisis intervention. Erich authored a paper on crisis intervention following the bereavement in the aftermath of a cocoanut night club fire that killed approximately 500 people. The…