The Economic Impact Of The Attack On The World Trade Center Essays

The Economic Impact Of The Attack On The World Trade Center THE ECONOMIC IMPACT OF THE ATTACK ON THE WORLD CENTER AND THE PENTAGON TRADE The effects of the attacks on the World Trade Center and Pentagon are rippling throughout the world, by sector, by region, and by market. Bond markets, inside and outside the U.S., already jittery from a deceleration in worldwide economic activity, are struggling to find direction in the aftermath of the attack. There now seems little doubt that the U.S. and global economies will slip into recession. The aerospace, insurance and banking industries, directly connected with the attack, will suffer the most. The airline sector had already been suffering a slowdown as a result of lower economic growth and cutbacks in business travel. Then, at the moment the first plane hit the first tower, the U.S. airline industry was dealt an even more severe blow. In the ten days that followed, nine U.S. airlines were downgraded or had their ratings put on credit watch with negative implications. Airports and aerospace also felt the credit impact. In New York, the Port Authority of New York and New Jersey, housed in the World Trade Center, was placed on credit watch with negative implications, and, in the days that followed, every North American airport and airport-related special facility and 13 commercial aerospace companies--airplane manufacturers; engine producers; suppliers of aircraft systems, components, and materials; and vendors providing aviation supportwere put on credit watch with negative implications. The effect of the attack on the World Trade Center, due to diminished air travel, goes f urther in affecting the hotel industry and tourism. Now, as the death toll rises and as property damage is beginning to be assessed, it seems quite likely that this catastrophe will be insurers' largest-ever insured loss. Insurance analysts have said that, once losses exceeded $15 billion, it would expect to see a significant impact on the balance sheets of individual insurers. So far, estimated net aggregate insured losses, from 55 leading insurers and reinsurers, are $19.2 billion. This figure is expected to continue rising. Rob Jones, a director in Standard & Poor's Financial Services group in London, has said that losses would have to exceed $50 billion before the entire industry were in trouble, and it is fast approaching that line. Even in Asia's emerging economies, insurance companies are likely to feel the impact of the attack. Although Asian companies are more likely to be affected by exposure to investment volatility more than by exposure to claims, the ratings on subsidiaries of foreign insurers may be affected in the event that their parent companies incur major claims as a result of the attacks on U.S. targets. Alan Greenspan, chairman of the U.S. central bank, expects some difficult times ahead for companies and workers but remains optimistic about the long-term strength of the U.S. economy. Testifying before the House of Representatives Banking Committee September 20, Greenspan said that the September 11 terrorist attacks on the World Trade Center and Pentagon caused considerable uncertainty that resulted in business cutting back or delaying spending plans. Indeed, much economic activity ground to a halt last week, he said. Banks and investment banks have mostly weathered the initial phase of the dislocations caused by the attacks on the World Trade Center. The payments system continued to work even in the immediate aftermath of the disaster, and financial markets are now all open for business once again. Financial analysts plan to focus on the medium to longer-term implications. For example, credit exposure to those industries that may have been most affected by the disaster will add to the already mounting credit problems that some banks may have. Investment banks could be especially vulnerable to the business interruption and potential impact of a further slowdown in already weak capital markets. Any aggressive share buybacks will further reduce the tolerance threshold for earnings pressures. Outside the U.S., the attacks are likely to add to the pressures of banks, as investment volatility becomes a threat to the already precarious financial positions of banks. Though the economic effects of the attack on the World Trade Center and the Pentagon have raised various opinions from financial analysts, none of them has the capacity to

Navigators SF Sample Essay - The Division Guide

Navigators SF Sample Essay - The Division GuideThe Navigators SF Sample Essay is by far the best resource for a student of the Navigation System in Niantic Labs' The Division game. If you're a new player of The Division and have a question about the game or a lot of things to do, the game guides are a must. There are a number of questions that come up each time a player logs in and asks for help. These are all great reasons why people would want to read these.Niantic Labs created The Division. Its character customization system is unlike anything else you've ever seen. Their level of detail is unmatched in any other online game. To be able to go from a casual player to a Division player in one of the games newest games, it takes a lot of time and dedication. That's why this eBook, The Navigators SF Sample Essay, was created.Now players of The Division are being offered a way to have a cheat sheet on how to make the most out of their game. While The Division players who already play t he game and are familiar with how the game works, it may be easier for new players to know how to gear up and what not to do in The Division. This is why these guides are an absolute must have.Now, The Navigators SF Sample Essay will provide you with some things to look for when choosing a guide to help you through the game and your progress through the storyline of The Division. First, be sure you can afford the guide. The Division is a high level game that has detailed and challenging gameplay, which requires players to be at a certain level in order to ensure the completion of objectives.Second, make sure you can afford the time spent using these guides, especially if you are new to the game and want to level up fast. Your guides should be easy to follow, especially if you are new to the game or are struggling. A complete guide will help you and save you the trouble of figuring out how to complete tasks and what levels to take on.Third, find a guide that is the easiest to use, is laid out in an easy to follow fashion, and most importantly, is customizable. That's right, there are a ton of guides out there to choose from. You should be able to tweak the guide to meet your needs and wants. For example, I like a guide that can be adjusted to show me what exactly I need to do to complete the task I am on and how much time it will take.Lastly, do not be afraid to go to the forums in the game and ask for help. I would suggest that if you have a question, do it in the proper forum of course. This is not just for people new to the game but also for those who have been playing for a while and may have some questions that no one else knows the answer to.Don't think you have to pay money to be able to use these guides. They are free. The Navigators SF Sample Essay is your perfect guide to get you started and learn everything you need to know about The Division.

SAT Literature Subject Test Terms to Know Essays

SAT Literature Subject Test Terms to Know Essays SAT Literature Subject Test Terms to Know Paper SAT Literature Subject Test Terms to Know Paper Essay Topic: Literature allegory A story with underlying symbols that really represent something else. A character can be allegorical. alliteration Repetition of a consonant sound for emphasis. allusion A reference to something or someone, usually literary. anachronism Placing a person or object in an inappropriate historical situation. It can be deliberate or unintentional. analogy Comparing something to something else. anecdote A short narrative, story, or tale. antagonist The major character opposing the protagonist. Usually the villain. anthropomorphism Assigning human attributes, such as emotions or physical characteristics, to nonhuman things. Often used for attributing human characteristics to animals. Similar to personification, but usually is applied to animals, while personification is applied to all types of things. argument A summary or short statement of the plot or subject of a literary work. diction The authors choice of word and sentence structure, taking into account correctness, clearness, and effectiveness. Typically, there are four levels: formal, informal, colloquial, and slang. elegy A mournful and melancholy poem or song, usually to pay tribute to a deceased person. emphasis Special forcefulness of expression that gives importance to something singled out. fable A story that has a moral, usually involving animals as the main characters. figurative language Language characterized by figures of speech such as metaphors and similes as well as elaborate expression through imagery. hyperbole A deliberate exaggeration. imagery An authors use of descriptive and figurative language used to create a picture in the readers minds eye. indirect dialogue Language that communicates what was expressed in the dialogue, without using a direct quotation. irony An expression of meaning that is opposite of the literal meaning. meaning Something that one wishes to convey, especially by language. metaphor A comparison like a simile, without the use of like or as. Its a little subtler. Its important to note, however, that in literary criticism, the word metaphor is frequently used when, strictly speaking, the term simile applies. meter The rhythm of a poem. The most common is iambic. narrative A literary representation of an event or a storythe text itself. onomatopoeia A word intended to simulate the actual sound of the thing or action it describes. oxymoron A phrase in which the words are contradictory. paean An expression of joyful praise. parable A story that has a moral. paradox This is a phrase that appears to be contradictory but actually contains some basic truth that resolves the apparent contradiction. parallelism The repetition of sounds, meanings, or structures to create a certain style. parody A literary work in which the style of an author is imitated for comic effect or ridicule. pastoral A work that deals with the lives of people, especially shepherds, in the country or in nature (as opposed to people in a city). pathos Something that evokes a feeling of pity or sympathy. personification Assigning human attributes to something nonhuman. perspective The viewpoint from which the narrator or character sees things. point of view The vantage point from which a story is presented to a reader. protagonist The main character, usually the hero. rhyme scheme The way that a poems rhymes are arranged. satire Ridicule of a subject, usually as a social criticism. simile A comparison of two things using the words like or as. stanza The divisions in a poem, like a paragraph to prose. structure The framework of a work of literature; the organization or overall design; often provides clues to character and action. style The authors unique manner of expression; the authors voice. syntax The ordering of words into meaningful patterns such as phrases, clauses, and sentences; poets often manipulate syntax, changing traditional word order in an attempt to draw attention to particular words or phrases. theme The central meaning or dominant idea in a literary work; theme provides a unifying point around which the plot, characters, setting, point of view, symbols, and other elements of a work are organized. tone Style or manner of expression.

Leader-Management-Exchange (LMX) Coursework Example | Topics and Well Written Essays - 2000 words

Leader-Management-Exchange (LMX) - Coursework Example   However, since these leaders do not have much time and power on their hands, they seek to narrow down their radar to focus their attention on those members who seem to capitalize on the leadership outcome that is the extent of the relationship. The theories prior to the leader-member-exchange theory either focused too much on the leader or on the members. The LMX, on the other hand, has a different approach, whereby it considers the relationship between the leaders and the members as an important element that contributes to leader effectiveness. Also unlike other theories that considered the entire group of members as a whole, the LMX judges each individual separately. According to the dealings and agreements between the members and the leaders, the theory identifies two different types of relationships. The two distinct relationships that are found after application of the LMX include the in-group and the out-group. There is a set of people within the members' group that tend to go further than and achieve more than what their expected roles would limit them to, this set of people also take up a more productive and comprehensive approach to the tasks they need to complete. This set of people makes up the in-group that is shown as the high quality of the LMX with positive results. Characteristics of the in-group consist of negotiations by the members to develop and increase their role ahead of their job prescriptions, mutual trust, respect and concern between the leaders and the members.... The out-group is formed by the set of members who work hard enough, only to complete the contractual requirements of their job prescriptions, nothing more. There is a low degree of enthusiasm compared to the in-group and they do not receive any form of special attention from the leaders, nor any additional perks or promotions. Even though the leader tries to better the degree of interaction, the out-group member does not show much interest and remains self-concerned. Therefore, the out-group is a low quality LMX and provides average level outcomes. It is argued that the existence of these two unique groups is somewhat discriminating and de-motivating, however they will continue to exist and the leader must constantly make an effort to expand the in-group of the organization. The quality of outcomes that the LMX is able to provide is under effect of several factors that may enhance it if controlled properly, however, if these factors are left casually undecided, they may very well res ult in average or possible less than average LMX outcome. Communication plays an important element in deciding the quality of the LMX. Individual interaction and communication with the leaders and the coworkers allows for a sense of belonging for the subordinates to build, making them feel like a significant part of the organization that matters. This results in a high quality LMX. When the leader of a group has authority that reaches higher on the ladder of an organization enabling him/her to have a good say in managerial decisions, task assignment and performance review, the members tend to be more motivated and confident, eventually leading to a good LMX. Sometimes

Software Architectures Essay Example | Topics and Well Written Essays - 1000 words

Software Architectures - Essay Example Logic tier is associated with the manipulation of the data in use by the application. It is commonly referred to as the implementation of "business logic", the "brains" of the application. Presentation tier is associated with the displaying of the manipulated data on the screen. (Scott Rosenthal, 2007) In the beginning, all three functional tiers were located at the central server, the Mainframe. Users could access this centralized computer by the means of dumb terminals. Applications in which the three tiers are located at the user's local system are known as Desktop applications. The commonly used Microsoft Office application is an example of desktop application. The 1980s saw the advent of the popular two-tier, client-server architecture. In this arrangement the application running in the client machine interacts with the server, most commonly, a database management system. The client contains the presentation logic and the business rules. Thus making changes to the business rules caused changing and redistributing the application. This gave rise to the implementation of the three-tier architecture which visualized the separation of the presentation logic and the business rules. (Scott Rosenthal, 2007) Adopting of any particular architecture for a software application is based on what that a... It depends on the number of users trying accessing the application. Two-tire client-server architectures work fine if the number of users is expected to be low, less than 100 and when non-real-time information processing is required. Today, however, the increasing complexity of client/server applications, the sophistication of technologies available and access to the internet all contribute to the high performance demand of the application. The trend today, therefore, is evidently towards more complex three-tier architectures. Examples Today, the IS (information systems) organizations prefer to buy certain applications such as those for accounting and human resources instead of developing them themselves. The vendors of packaged enterprise software, such as SAP, Oracle etc. that make these applications have implemented them on three-tier client/server architectures because to them the sophistication of available technologies required a three-tier architecture to provide adequate performance. (Gill, 1998) The advent of internet giving rise to millions of users requesting for information processing and companies adding back-end databases have given rise to the adoption of three-tier architecture or conversion from two-tier to three-tier architecture in application development in order to provide the increased scalability needed. Today, over the internet, real-time information processing is required everywhere. Be it sending/receiving important e-mails for business purposes, playing online games with people in different parts of the world or even browsing for information for school assignments. This demand for real-time information processing has obligated the web application developers to

Personal Development Plan Essay Example for Free

Personal Development Plan Essay Personal Development Planning Made Easy! A guide to recording experience and learning from it What is Personal Development Planning? Studying at university is not just about learning a lot of things that are fascinating in themselves but — at least in the case of most Arts subjects — rather disconnected from ‘the real world’. At the same time as you develop your knowledge of your subject and the skills required to perform well in it, you’re actually developing a whole range of skills and intellectual abilities that can be transferred to other areas of life, including your future employment. Arts subjects don’t generally equip you for a specific job; they actually equip you to undertake almost any job that doesn’t required specialised scientific training. Moreover, university life is intended to present you with all kinds of chances to develop yourself as an individual with a range of interests and experiences, and not just as someone reading books, writing essays and taking exams. An Arts graduate should be versatile, imaginative, critical, flexible, incisive, confident and articulate, and so ready for any challenge or task — if only you can recognise these abilities in yourself. This is where Personal Development Planning (PDP) comes in. With an ever-increasing number of well-qualified graduates entering the labour market each year, it is crucial to your success after completing your studies that you know exactly what skills you have to offer — academic, work-related and personal — when you start applying for jobs, and that you can provide solid evidence of those skills. Your studies will have helped you develop crucial transferable skills and personal atributes, and so will many of your extra-curricular activities; you just have to be able to articulate these to prospective employers. PDP helps you to keep track of what you’ve learned, how you learned it, and what you might do with that learning later on; it can also help you to plan for the future and to identify what skills or attributes you may need to develop in order to achieve your goals. Getting involved with PDP should help you to: †¢Consider what you really want to do †¢Make the right academic, personal and professional decisions †¢Set personal goals and targets †¢Identify programmes and extra-curricular opportunities and training to help you develop your skills †¢Plan ahead to achieve your goals Evaluate your own progress †¢Record different kinds of achievement Personal Development Planning is one part of your university ‘progress file’. This is not an actual document but a combination of any personal development planning activities that you engage in and record, as well as the formal academic transcript of your marks that your university provides you wit h at the end of your studies. It offers a detailed, rounded account of everything that you have achieved at university. In recent years, universities have become more aware that their students need to be highly employable, and that means not just graduating with a good degree but being able to demonstrate a whole range of skills and abilities that will help you to gain and maintain the employment you want. Getting used to setting targets for yourself and evaluating your progress now will stand you in good stead for success in your future working life, and one of the key aims of an Arts education at Bristol is to help you realise that learning is a truly life-long activity, not something that stops when you leave university. We want, therefore, to encourage you to reflect regularly on your performance; we aim to provide useful guidance on how to go about this, for example through this guide, and to provide regular opportunities for reflection and discussion, above all through the personal tutor system. Ultimately, you have to take responsibility for your own personal development, but we’ll do our best to help and support this process. Do I need Personal Development Planning? Try this self-evaluation exercise. For each of the following statements, rate your responses: strongly agree = 0; agree = 1; sort of agree = 2; disagree = 3; strongly disagree = 4. 1. I am certain that I can keep myself motivated towards achieving my degree for the next few years 2. I am very clear what my goals are for the next five years 3. I am confident that I have planned sufficiently to enable me to achieve my goals 4. I am very clear how my degree fits into my life plans 5. I am clear which skills employers are looking for 6.

Use of the Female Gothic in Beloved Essay -- Toni Morrison Beloved Ess

Use of the Female Gothic in Beloved      Ã‚  Ã‚  Ã‚  Ã‚   Toni Morrison’s novel Beloved is a slave narrative, but it encompasses much more than slavery.   Unlike many slave narratives that focus on the male perception of slavery, Morrison's novel portrays slavery from a feminine point of view.   The main characters are Sethe, her daughter, Denver, and the mysterious Beloved.   In the beginning of the novel, Sethe and her daughter live alone in 124, a house that is haunted by the ghost of Sethe's first daughter. Sethe's two older boys, "Howard and Buglar, had run away by the time they were thirteen years old. Soon after the sons have fled, Baby Suggs, Denver's grandmother, dies.   The novel centers on Sethe's past, in particular, the death of her first daughter.   This event dominates the book and the action of the novel revolves around this terrible incident.   In Beloved, Toni Morrison utilizes characteristics of the female gothic novel such as mothering, living within enclosed spaces, and the doubli ng of characters, coupled with dilemmas involving memory and repression, to address the issue of slavery.    Beloved illustrates the notion of the gothic mother through the character of Sethe.   Her motherly love is turned into a horrific image of mercy, one that many find difficult to understand. At the time, slaves were valued as property.   They were bred as if they were horses, with their young snatched away from them, often at birth, and no chance of having a family.   Many children were "permanently separated from any other family members, [and] did not know if or when they would ever see their mother[s] again" (King 527).   Sethe describes her own childhood experience with the woman she knew as her mother and it is typical of the experi... ...illions of lives and Morrison gives those lives names and faces.   The narrative form is an effective tool to bring the reality of slavery and all its misery into everyday life.    Works Cited Goddu, Teresa A. Gothic America. New York: Columbia UP, 1997. King, Wilma. "Within the Professional Household: Slave Children in the Antebellum South." The Historian 59.3 (1997): 523-540. Kristeva, Julia. Powers of Horror. New York: Columbia UP, 1982. Morrison, Toni. Beloved. New York: Penguin Group, 1987. Samuels, Wilfred and Clenora Hudson-Weems. Ed. Toni Morrison. Boston: Twayne Publishers, 1990. Sedgwick, Eve Kosofsky. The Coherence of Gothic Conventions. New York: Methuen, 1976. Smith, Valerie. "Circling the Subject: History and Narrative in Beloved." Toni Morrison. Henry Gates, Jr. and K.A. Appiah. Ed. New York: Amistad Press, 1993.