Literature Review Many economists consider the financial crisis of 2007/2008‚ also known as the Global Financial Crisis of 2008 the worst financial crisis since‚ the Great Depression of the 1930s. It resulted in the threat of total collapse of large financial institutions‚ the bailout of banks by national governments‚ and downturns in stock markets around the world. The direct impact of the global financial crisis on developing countries including Pakistan has been limited due to non-integration
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CHAPTER 1 NATIONAL SPOT EXCHANGE LIMITED 1.1 INTRODUCTION National Spot Exchange Limited (NSEL) is the national –level‚ institutionalized‚ electronic‚ transparent spot trading platform for commodities. It is a structured market place‚ set-up to transform the commodity market by way of reducing the cost of intermediation and thereby improving marketing efficiency. Its state-of-the-art technology facilitates risk free and hassle free purchase and sale of various commodities. NSEL provides customized
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Research Essay Energy Crisis Fossil fuels and Nuclear power plants are extremely dangerous to the environment. They pollute the very atmosphere we breathe and they’re extremely expensive. It emits large amounts of toxins and carbon dioxide into the air‚ not only hurting humans but also the crops we grow. They also assist the cause global warming. “A catastrophic human’s effect of burning fossil fuels and nuclear waste is global warming. They emit carbon dioxide and other greenhouse gases‚ which
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Foreclosure Crisis: What Should the Federal Government Do? The mortgage crisis we are experiencing in the United States today is already ranking as among the most serious economic events since the Great Depression of the 1930’s. Hardly a day goes by without a story in the newspaper or on the cable news stations reporting about the increase in the number of foreclosures across the United States. The effects of this crisis have spread across all financial markets‚ where in the end all of us are paying
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Crisis theory is a debate within the Marxian theory of political economy. It is concerned with explaining the business cycle in capitalism‚ particularly recession‚ drawing on Karl Marx’s account of value relations. Marx believed he had provided a comprehensive account of the inner dynamics of capitalist social organization. According to those who understand him to have offered a complete crisis theory‚ Marx demonstrated that the particular form social investment takes under capitalism‚ c:v (constant
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Ecological Crisis - A state of human-induced ecological disorder that could lead to the destruction of ecological conditions on this planet to such an extent that human life‚ at least‚ will be seriously impaired for generations‚ if not destroyed. Moral approach on Ecological Crisis - First among these is the INDISCRIMINATE APPLICATION of advances in science and technology. Many recent discoveries have brought undeniable benefits to humanity. Indeed‚ they demonstrate the nobility of the human vocation
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(Definition)-Financial crisis The term financial crisis is applied broadly to a variety of situations in which some financial institutions or assets suddenly lose a large part of their value. In the 19th and early 20th centuries‚ many financial crises were associated with banking panics‚ and many recessions coincided with these panics. Other situations that are often called financial crises include stock market crashes and the bursting of other financial bubbles‚ currency crises‚ and sovereign
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I. Background to the crisis in Syria Protests asking for the release of political prisoners began mid-March 2011 and were immediately met by Syrian security forces who at first detained and attacked protestors with batons‚ and later opened gunfire‚ and deployed tanks and naval ships against civilians. Syrian President Bashar al-Assad refused to halt the violence and implement meaningful reforms demanded by protestors such as the lifting of emergency law‚ broader political representation and a freer
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CNG crisis in Pakistan Pakistani Government receives commission on buying petrol. Therefore‚ it creates an artificial CNG crisis to increase petrol consumption‚ which consequently results in increase of commission. Most vehicles in Pakistan run on CNG nowadays. Pakistan has the greatest number of CNG refill stations and CNG vehicles. But today‚ Pakistan is facing CNG crisis. In Pakistan‚ the greatest amount of CNG is used in the Punjab province‚ which is the country’s largest province with respect
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Abstract Part 1: Crisis Scenario Development Develop a scenario describing a crisis situation. Possible topics for your scenario include school violence‚ workplace violence‚ terrorist attack‚ sexual assault‚ or natural disasters. Your scenario must include sufficient breadth and depth in terms of the details surrounding the incident you have chosen‚ to include: • Description of the crisis. • Description of the amount of damage. • Description of the victims (physical and psychological damage)
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