THE LINKAGES BETWEEN ECONOMIC MELTDOWN CAPITAL MARKET AND SUSTAINABLE DEVELOPMENT IN NIGERIA BY EGBULONU K.G Ph.D FORMER HEAD‚ DEPARTMENT OF ECONOMICS IMO STATE UNIVERSITY‚ OWERRI 08034083159 DURU ERASMUS .E. DEPARTMENT OF ECONOMICS PAUL UNIVERSITY‚ AWKA ANAMBRA STATE NIGERIA EMAIL:duruerasmuse@yahoo.com TEL:08030762153 ECHETA DESMOND .O. HEAD OF DEPARTMENT OF BANKING AND FINANCE IMO STATE POLYTECHNIC UMUAGUO IMO STATE‚ Tel:+2348037248832 ABSTRACT Capital market is the arm of the financial
Premium Stock market Economics Stock
In year 2007‚ United States witnessed the Subprime Mortgage Crisis‚ which was known as the “Mortgage meltdown”. It triggered a national financial crisis‚ which led to a tremendous decline is the housing market‚ rise in foreclosures and the collapse of some leading banks. This essay will look into the various causes of the subprime crisis as well as the parties who are responsible for this economic tragedy. Years prior to the crisis‚ United States had large inflow of foreign funds. In 2001 to 2003
Premium Subprime mortgage crisis Mortgage Subprime lending
Last Dancer we are introduced to the obstacles faced daily by a Chinese boy and his family‚ living in poverty. In Meltdown by Ben Elton‚ we are introduced to obstacles faced daily by Jimmy Corby. Obstacles we can all relate to in the modern world. This is why I think we should study Meltdown by Ben Elton as well as Mao’s Last Dancer as a core text in the Overcoming Obstacles unit. Meltdown is about City Trader Jimmy Corby. Jimmy was living the life being rich‚ pampered and spoilt. That is until it
Premium Face transplant Financial crisis Face
The Lingering Effects of Three Mile Island The Three Mile Island accident took place in Middletown‚ Pennsylvania‚ on March 28‚ 1979. During this accident even though there was no meltdown‚ there was some radioactive gas that was let out into the air. As a result more than 50‚000 people were evacuated from their homes (Levine 60-3). The Three Mile Island incident had a major impact on public opinion‚ the construction of nuclear plants‚ and the future of nuclear power. Three Mile Island was
Premium Nuclear power Three Mile Island accident
area. ____ 5. The splitting of an atom’s nucleus into two smaller nuclei is called a. nuclear fusion. b. nuclear fission. c. a chain reaction. d. a meltdown. ____ 6. The combining of two atomic nuclei to produce one larger nucleus is called a. hydrogen power. b. nuclear fission. c. nuclear fusion. d. a meltdown. ____ 7. Energy conservation means a. slowing down a chemical change. b. burning a fuel to release energy. c. using fossil fuels to produce electricity
Premium Nuclear fission Energy Nuclear power
The nuclear power stands on the border between humanity’s greatest hopes and its deepest fears for the future. But what happens inside a nuclear power plant to bring such marvel and misery into being? Imagine following a volt of electricity back through the wall socket‚ all the way through miles of power lines to the nuclear reactor that generated it. You’d encounter the generator that produces the spark and the turbine that turns it. Next‚ you’d find the jet of steam that turns the turbine and
Free Nuclear power Nuclear fission
because of this accident‚ we have now learned from our mistakes and are taking more precautions so that history is not repeated. I will prove that history will not be repeated through some background knowledge of the plant‚ what happened during the meltdown and how it effected the land and inhabitants‚ and finally what insight we have gained from this event and its significance to history. The Chernobyl plant is a nuclear power plant that is located approximately 20 km from the city of Chernobyl‚
Premium Chernobyl disaster International Atomic Energy Agency
it provides‚ many groups and organizations are skeptical and oppose its use. There are several issues which are raising concerns; although issues regarding its production of radioactive waste/how to dispose of it safely and the possibility of a meltdown are the biggest dilemmas. Material within spent fuel rods usually take thousands of years to become stable and nonradioactive. Fuel rods cannot be simply thrown away. Thus‚they must be contained and stored securely for extremely long periods
Premium Nuclear power
S. Secretary of Treasury know; the declining market conditions of January 2008 were just the tip of the iceberg. Based on Rubin’s views; at the time‚ Citi executives were not particularly alarmed and were still viewing the recent economic meltdown as business as usual. The organization’s management team was not concerned with the “cyclical” market and made decisions to continue marketing the company in the same fashion they had in the decades prior. The organization pressed on with an order
Premium Subprime mortgage crisis Subprime lending
In art class‚ Melinda picks the word “tree” and has to draw a tree for the rest of the school year. Her art teacher‚ Mr. Freeman states‚ “You will each pick a piece of paper out of the globe...You will spend the rest of the year learning how to turn that object into a piece of art.” (Anderson 12) One day‚ Melinda decides to “[paint] watercolours of trees that have been hit by lightning.” (Anderson 30). The tree symbolizes Melinda‚ Melinda is the tree. Ever since the summer party‚ people from Melinda’s
Premium English-language films Psychology Teacher