The drawing composed of 25 free floating‚ irregular map fragments on a square paper canvas. The map are cut out and spread out in a way that there are spaces in-between for red arrows connecting them. Different size and pattern of arrows‚ completed with marker‚ indicates forces and direction from exits of one fragments to the other. A network between islands of urban fabric is formed. Analysis At first sight‚ readers get familiar with the ordinary map that is now cut into pieces. Viewers immediately
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Debt with Warrants Like a convertible security‚ debt with warrants attached is issued with a feature that allows its holder to purchase a given number of shares at a certain price. Warrants act as a “sweetener” when attached to debt securities. It adds its marketability and lowers its required interest rate. Usually‚ the holders (of warrants) will not exercise their warrants until the market value of the security exceeds the exercise price because they can purchase the said security in a cheaper
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Over the past few years‚ Greek’s ability to pay its sovereign debt became a major issue facing economies worldwide. The downgrade of Greek debt to “junk bond” status made Greek default seem inevitable‚ causing alarm to permeate financial markets worldwide. Unsustainable spending by the Greek government through the creation of a “welfare state” in Greece was a principle cause leading to the Greek debt crisis‚ which affected even the United States’ economy. High-paying public jobs‚ excessive pensions
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The problems right now is that ESRB is not strong enough. ESRB should be more restrictive in rating violent video games. According to Whiting‚ the ESRB’s decision to start hiring new gamer raters instead of non-gamer raters because “Previously‚ the ESRB’s hiring policy has been to avoid recruiting from the ranks of actual gamers‚ the theory being that people soaked in game culture and aesthetics might not be the best judges of character when it came to what’s appropriate for little Johnny”. Often
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The International Debt Crisis What is International Debt? Like individuals and families who borrow money to pay for a house or an education‚ countries borrow money from private capital markets‚ international financial institutions‚ and governments to pay for infrastructure such as roads‚ public services‚ and health clinics; to run a government ministry; or even to purchase weapons. Also like individuals‚ countries must pay back the principal and interest on the loans they take out. But there are
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America’s Debt It took a while for the administration of Obama to initialize action about America’s enormously increasing debt. Given that the country has mounting debts‚ it would be difficult shrink it down. It is said on the article that president does not step up his personal involvement in the negotiations. His people‚ though‚ presented courses of actions to cut off the said problem. Some are to increase taxes‚ raise debt limit‚ eliminate tax benefits of other companies‚ increasing user
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Executive Summary The cause of American debt ceiling crisis was the substantial increase in defense expenditure continuing recession in the domestic economy‚ which led the government had to borrow more than the legal limit. There has been a long bitter debate of whether or not to raise the debt ceiling since this would influence a lot on capital market. Advantages of this measure is rising the debt ceiling would avoid disruption on treasury financing market‚ which is widely used as collateral. And
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two non-financial firms from different industries; they are Unilever Group and Rolls-Royce Holdings plc. In order to see the capital structure debt and equity ratios were calculated. According to calculations Unilever’s debt ratio is 32.49% and equity ratio is 67.51%. Rolls-Royce numbers are 16.81% and 83.19 % respectively. In both cases we see that firms prefer to use their own capital. We cannot tell with certainty why this structure was chosen‚ but we can look for example at the level of liquidity
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| 2 | 3. An examination of financial statements | 2 | 4.1 Vertical analysis 4.2 Horizontal analysis | 23 | 4. Key ratios analysis | 4 | 5. Share issues | 5 | 6. Conclusion | 5 | 7. Bibliography | 6 | Table of Appendixes 1. Income statement – Horizontal and vertical analysis | 2. Statement of financial position – Horizontal and vertical analysis | 3. Ratio analysis - Liquidity and Profitability | 4. Ratio analysis – Efficiency and Investment
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Intro : “There are no international unified standards for awarding stars to hotels‚” said Sergei Korneyev‚ director for the northwest at the Russian Tourism Industry Union. * Each country has its own system‚ and it is very inconvenient for tourists‚ since‚ for example‚ Egyptian stars differ from European ones. There have been many misunderstandings. WHAT IS : An hotel ranking is a system‚ taking into account a full range of factors including quality of accommodation‚ range of amenities‚ standards
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