were in 1966 and 1991. The 1966 Devaluation Despite government attempts to obtain a positive trade balance‚ India has had consistent balance of payments deficits since the 1950s. The 1966 devaluation was the result of the first major financial crisis the government faced. Inflation had caused Indian prices to become much higher than world prices at the pre-devaluation exchange rate. When the exchange rate is fixed and a country experiences high inflation relative to other countries‚ that country’s
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There is a growing crisis over the world’s energy resources to try and find sustainable solutions to the world’s problems. There are 3 responses to help cover the crisis; Business as usual‚ Multi-energy solution and energy conservation. The business as usual scenario involve the world to keep using the fossil fuels and the International Energy Agency predicts that fossil fuels will still dominate energy into 2030‚ which cancels out the predictions of fossil fuels running out by then with the growing
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thousands of businesses and various essential service providers were left without power after India’s northern and eastern grids broke down. A similar breakdown hit nine states in northern India on Monday. There are now worries that the power crisis may stifle India’s growth. "Energy is like blood in your veins. It is as vital as that to the economic growth‚" Rajiv Kumar‚ secretary general of the Federation of Indian Chambers of Commerce & Industry (FICCI)‚ tells the BBC. "If there is a
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The Crisis of Masculinity To treat Lichtenstein paintings as high art‚ his defenders emphasized that his works transformed their sources‚ not simply copied and enlarged their comic-book sources in which the artist alered it. The stylistic differences‚ formal transformations‚ as evindences of an individual signiture. It meant‚ the L. assumed a critical stance against comics‚ against consumer culture. To distinghuish L’s paintings from their comic book sources‚ was to defend the artist creator
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the 1920’s‚ America was thrown into turmoil after the Wall Street Crash in 1929. Overproduction and debt were the main problems. In the cities‚ expensive goods such as cars‚ fridges and radios were being manufactured at an overwhelming rate. In the countryside‚ farming was made easier by technology so farmers over produced goods‚ to increase profit‚ but the result of this was that prices were driven down by a fall in demand. Now farmers faced bankruptcy. The banks also had a crisis on their
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colonists feel inferior‚ especially after they had been so accustomed to England’s salutary neglect. As more and more acts were introduced‚ Americans began to question the way England treated them and what liberty and freedom really meant. The recurring crisis and how the colonists reacted to them led to the American’s development of their own theory of independence. When the first act‚ which was called the Sugar Act‚ was passed and taxes were placed on coffee‚ tea‚ sugar‚ wine‚ and other imports‚ the
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Living in a world where there is economic crisis and political instability can made one selfish and uncaring about others.We in Guyana are no different.Many persons are so caught up in the survival process that they do not think about the welfare of others.I refer here to altruistic behavious which speak about an act or expression of concern for others which does not bring any benefit or reward. Good samaritians seem to be a thing of the past‚ when we analyse people’s day by day behavior.On my
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Rolunda Baker Medicare Crisis Medicare is another project of Lyndon Baines Johnson Great Society. Spending is obviously out of control. On June 5th the government announced that the Medicare Trust Fund would go broke if something isn’t done with the spending (nationaldebt). In 1965 when LBJ started Health and Medicare‚ the Total Federal Spending for the year was $101 Billion. By the year 2000 we will spend over 4 times than amount on Health and Medicare alone‚ and Medicare will equal the annual
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TABLE OF CONTENTS 1. INTRODUCTION 3 2. CRISIS COMMUNCATION PLAN 4 2.1 OBJECTIVES OF CRISIS MANAGEMENT 5 2.2 STAGES OF A CRISIS 5 2.3 TYPES OF CRISIS 5 2.4 RISK APPETITE 6 2.5 HOW TO USE THE PLAN 8 2.6 PLAN AMENDMENTS 8 2.7 ACTIVATING THE PLAN 9 3. CRISIS COMMUNICATION TEAM 9 3.1 ROLES AND RESPONSIBILITIES 12 3.1.1 Crisis co-ordinator 12 3.1.2 Chief Executive or Corporate Management Team Duty Officer (Out of hours) ……………………………………………………………………………….12 3.1.3 Leader of the
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The recent political crisis in Mali has something to do with the Tuareg people that live in this region and the general religion of the region. The Tuareg people are nomadic farmers. North Africa is primarily Muslim and is heavily influenced by what happens in the Muslim world. Muslim rebel groups like the Ansar Dine seek a nation that abides by Islamic Law. Others like the Islamic Movement for Azawad seek an independent state in Northern Mali and acknowledgement of that state by the world. Mali
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