Saturday, February 15, 2020

Port Report Essay Example | Topics and Well Written Essays - 1000 words

Port Report - Essay Example This resulted in the reduction of retail gas price from USD 3.31 to USD 2.27 during the year 2014. While this has the positive effect on the consumer purchase pattern, the impact of such fall on the investment pattern, particularly the GCC stocks needs detailed investigation. As it is just the first quarter of 2015, the analysis of current oil prices fall cannot be done correctly since its effect on stock investment needs longer period of observation. Hence, this paper has taken an in-depth look at the relationship between oil pricing and stock investment, as well as general economic conditions, within GCC and across the world, during the recent past. Accordingly, 2008 financial crisis, coupled with cyclic fall in oil prices finds greater attention in the following paragraphs. As supply and demand equation determines the price of any commodity, political forces prevailing in the oil producing countries determine the supply position for oil, largely. Technological innovation also plays a major role here. Many political decisions by countries across the globe influence the oil pricing. For example, the cause of recent Russian currency debacle has relation to the falling oil prices. Although under normal conditions, falling prices would result in reducing the production, OPEC countries are not doing it, as they want to retain their control over oil production. This is also seen as an attempt to make oil production unsustainable by American producers, who are utilizing advanced technology to increase shale oil production in a major way.(Stefanova, 2014) Consumers in Western countries take falling oil prices as an instrument to result in lesser tax burden. This way the falling oil prices prove to be positive for the global economy, as these countries can look for heavy reduction in lower inflation rates. While many advanced economies may go for deflation measures, the falling oil crisis has hit the currencies of Norway and Canada in a major way.(Buttonwood,

Sunday, February 2, 2020

It is about culture(Anthropology) Essay Example | Topics and Well Written Essays - 500 words

It is about culture(Anthropology) - Essay Example The end of First World War did not get any relief to the peasants. First the Socialists took over, and then the Fascists took over from the socialists. But it seemed that the condition of the peasants remained the same. They were first oppressed by the landlords, then by the Socialists, then by the Fascists and the Landlords. The food was always in short supply, meat was a rarity. Ironically during times of war the peasants in the villages fared a lot better than those living in the cities, as they could live of the wild. And many people in the cities use to go to the rural area to get some food of there. The Barter system was also very prevalent. People worked for food and traded various items to sustain themselves. The degradation of Women is also covered very thoroughly in this chapter. They were encouraged not to work. They were also not encouraged to educate themselves. They were generally encouraged to stay at home. The Fascists further painted women who did not marry or bear c hildren or selfish or unattractive. While Women were expected to be virgin till marriage, men were expected to show of their virility before that. This created a situation where prostitution thrived. This had a psychological impact on women in Italy long after the war was over. There is a brief coverage of the family structure as well. While the male was the titular head of the household, his wife generally ran the family. Sharing of food with less fortunate neighbors even though the quantity was low was common. The fascists and the socialists are also given their due coverage and it is not a flattering picture. While the socialist’s looted shops and farms, apparently to redistribute the wealth, but in reality it was to benefit a few. While the fascists did not make an attempt to cover up their intentions and joined hands with landlords and other wealthy people to wreak havoc on the peasants.