Main features and the cause of recent financial crisis I Introduction On 5 March 2007‚ HSBC announced its 2006 annual result. Highlighted in the presentation material (HSBC (2007))‚ ‘Mortgage arrears in the US resulted in an increase in loan impairment charge from US$448 million to US$2‚171 million for Mortgage Services’. On 2 April 2007‚ as reported in BBC News1‚ ‘New Century Financial‚ one of the largest sub-prime lenders in the US‚ has filed for Chapter 11 bankruptcy.’ 1 On 6 August 2007
Premium Mortgage Subprime mortgage crisis
Three Main Causes of World War I While we are always reminded of the negative effects of war‚ it is not everyday that we learn to understand the deeper factors of war that can turn a small conflict into an international outbreak. World War I was said to have been sparked by the assassination of Archduke Francis Ferdinand but there are various deeper reasons that contributed to the commencement of the Great War. These factors include militarism‚ imperialism and the alliance systems. The first
Premium World War I Archduke Franz Ferdinand of Austria
to place air pollution has a great deal on our industrialization that leads to many hazardous effects. An example is congress has identified over 188 of these pollutants‚ including substances that cause cancer‚ neurological‚ respiratory‚ and reproductive effects. (National Overview) Generally any substance that people introduce in the atmosphere that has damaging effects on living things and the environment is considered air pollution. (National Geographic) I propose that air pollution is a serious
Premium Global warming Air pollution Pollution
Sea Pollution The pollution of the ocean is rapidly becoming a crucial problem on Earth. The major causes of sea pollution are oil spills‚ toxic waste‚ and dumping of other harmful materials into the ocean. This pollution will directly affect the living organisms in the ocean and indirectly affect human’s health and resources. We‚ as humans‚ should learn more about these in order to have the knowledge on how to solve this problem effectively. Oil spill is perhaps the most publicly acknowledged
Premium Exxon Valdez oil spill Pollution Water pollution
revolution was in action. The main cause of the revolution was the power struggle between the English monarchies and the representative body‚ the parliament. This resulted in the English Civil war where the different sides argued whether England should have been a constitutional monarchy or an absolute monarchy. Various ideas were present on how the government should be run‚ by divine right‚ secular absolutism‚ or a constitutional state. John Locke thought that the government’s main job was to maintain the
Premium United States Declaration of Independence United States American Revolution
Assignment Three Xuan Wang V00823206 November 11‚ 2014 100A-A01/Tutoria T10 The Influence of Social Factors on People Making Plastic Surgery Introduction Commercial plastic surgery is a heated topic in modern society. Newspapers‚ magazines and academic articles have discussed a lot about it. Commercial plastic surgery which‚ with a limited amount of audience at the very beginning‚ used to be a mystery field to the general public‚ has become more and more popular today. It has become normalized as
Premium Plastic surgery Sociology Culture
minded idea of plastic surgery. Cosmetic procedures become a trend among people who are seeking a way to improve their appearance‚ because everyone wants to be more attractive and pretty. In some countries‚ plastic surgeon is as common as supermarket. For example‚ Korea is number one in the world in term of plastic surgery. One of five Korean admitted that they have done cosmetic procedure. Because of the image centric culture in today’s society‚ more and more people tend to get plastic surgery in
Premium Plastic surgery Surgery
In 1789 France was divided into a social hierarchy that deemed over 90% of the population struggling to feed their families‚ the France we know today was shaped by the work and death of thousands of French citizens fighting for equality and liberty. The corrupt Catholic Church and government system at the time was completely broken down. The revolution reshaped France as an egalitarian society with the shift of power. Before the French revolution in 1789 France was ruled by the social and political
Premium French Revolution Louis XVI of France Louis XVIII of France
The WWII was also known as the second war‚ the war II was a global war that lasted from 1939 to 1945. Most of the counties where in it‚ a lot of people died during the war. There were 4 main causes and the first one is Treaty of Versailles‚ After the WW1‚ Germany hoped for a treaty on Wilson’s 14 points‚ instead they got hammered by redress‚ lost territory‚ and blamed. The 2nd one is Hitler’s Actions‚ the 3rd one was Failure of Appeasement‚ and the last one was Failure of the league of Nations (historyonthenet
Premium World War II World War I Nazi Germany
Introduction to Industrial Pollution Industrial pollution is pollution which can be directly linked with industry‚ in contrast to other pollution sources. This form of pollution is one of the leading causes of pollution worldwide; in the United States‚ for example‚ the Environmental Protective Agency estimates that up to 50% of the nation’s pollution is caused by industry. Because of its size and scope‚ industrial pollution is a serious problem for the entire planet‚ especially in nations which
Free Air pollution Pollution Carbon dioxide