accounting crisis; other contributing factors were the Enron scandal‚ banking panics‚ and stock market crashes. A Banking crisis generally occurs due to the lending of funds to risky applicants resulting in the defaulting of loans. In the late 90’s Ecuador faced a banking crisis causing over half of the financial institutions to close down. This crisis is a result of increased lending to risky applicants‚ laid back banking authorities‚ and a mismatch in the currency of assets and liabilities (Martinez
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“Colombia’s journey to transcend” First‚ lets talk about Colombia’s total population nowadays‚ Colombia has a total population of 49 millions of people‚ while 49.2% of total population are male and 50.8% are female. This make us think in a good way of Colombia‚ because we can be able to notice that Colombia has an almost perfect proportion of female and male in their country and this will help the country in maintaining future’s population growing equally. Colombia’s indicators have been varying
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For more than a decade‚ the Latin American region relied on "socialism of the 21st century‚" as the driving force for positive change as the world economy was experiencing surpluses beyond belief. This era of plenty was coined the “Pink Tide” – (a reference of the leftist movement’s political philosophy) as Leftist governments took advantage of an already sustained commodities boom after blaming the market oriented policies of their predecessors for economical challenges they were facing at the
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Latin America must "step on the gas" in education for not following behind in relation to countries in the northern hemisphere‚ valued today in an interview with Efe in Montevideo Secretary General of the Organization of Ibero-American States (OEI)‚ the Brazilian Paulo Speller. At the head of the institution from January 2015‚ Uruguay is the eleventh stop on a tour Speller its member countries‚ which seeks contact with both their governments and their social organizations linked to education‚ innovation
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Ashbridge The Most Influential Person in My Life The most influential person in my life has been my grandpa‚ my abuelo. He just turned 88 years old and no one believes it. He looks and acts so much younger than his years. My grandpa was born in Ecuador in 1922. He has seen many changes and adapted to all of them with ease. He was born in a little town called Manta. He left school at the age of 7 to help my great-grandfather in the fields. In between harvest he learned to read and write. At
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August 4‚ 2014 The cherimoya is tropical American fruit with blend flavors such like banana‚ papaya‚ mangos and pineapple. The cherimoya it’s mostly grown in inlands and dry uplands forest. The origin of the cherimoya is the valleys of Ecuador‚ Columbia and Peru. In Peru‚ the cherimoya was an unknown fruit until the seed was send to Guatemala to be observed for thirteen years until it was sold on markets in Lima. In 1757 in was introduce in Spain and by 1940s and 1950s in gain importance
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The Galapagos Islands Introduction Just off the coast of Ecuador is where you can find the volcanic islands of the Galapagos. Here you can find unique animals and plants that can’t be seen anywhere else in the world. The Galapagos Islands gave British scientist Charles Darwin the opportunity to create his theory of evolution (attention statement). The variety of wildlife found on land and in water of the Galapagos Islands have been kept in isolation for so long‚ that many of the species can
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success as the empire grew. Their roads were a very important part of the empire‚ because it connected the lands together. They travelled by foot or by animal such as a llama. These trading routes throughout the empire stretched from current day Ecuador‚ Chile‚ to Argentina. They were paved with smooth stone and sometimes cut through mountains. They were all well planned out and well taken-care of. These roads did affect the life in the empire‚ for example suspension
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The downturn has rendered budgets agreed last year largely irrelevant. Analyse Managers in business make decisions that affect profitability of business. For the decision to be effective and successful‚ it is important for organisation to plan and coordinate the decision. (CIMA official terminology‚ 2005) defines budget as an expression of a plan that is quantitative and can be defined over a period of time. Traditional budgeting as offered a lot of contributions in many years. Research shows that
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CORPORATE REPUTATION Definition Reputation is the opinion (more technically‚ a social evaluation) of the public toward a person‚ a group of people‚ or an organization. It is an important factor in many fields‚ such as business‚ online communities or social status. “If you lose money‚ you lose nothing” “if you lose health‚ you lose something” “if you lose character‚ you lose everything” Reputation is a subject of study in social‚ management and technological sciences. Its influence ranges
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