The Syrian Crisis The Syrian civil war is a part of the Arab spring‚ a wave of uprisings occurring in the Middle East and North African states. Although the Syrian problem has received significant international attention‚ the future of the conflict is still unclear. The situation is deteriorating day by day‚ while the international negotiations reached a deadlock. The possible settlement is a subject of hot debates‚ with each government trying to put forward a solution‚ which would serve their
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INDIAN INSTITUTE OF MANAGEMENT AHMEDABAD INDIA Research and Publications Risk Management Lessons from the Global Financial Crisis for Derivative Exchanges Jayanth R. Varma W.P. No.2009-02-06 February 2009 The main objective of the working paper series of the IIMA is to help faculty members‚ research staff and doctoral students to speedily share their research findings with professional colleagues and test their research findings at the pre-publication stage. IIMA is committed to
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1 Muslim Bank enters into Modaraba transaction with five Modarib‚ workout the transactions on prescribe format on the following terms: ➢ Ali Associates Rs.800‚000 cost@10%‚ Profit 40:60 proceeds Rs.810‚000 ➢ Scan Group Rs.700‚000 cost@7% Profit 35:65 Expected Proceeds 812‚000 ➢ Golden Spot Rs.600‚000 cost @8% profit 55:45 Proceeds Rs.770‚000 ➢ Karachi Electric Rs.400‚000 cost @9% profit 50:50 Proceeds Rs.578‚000 ➢ Sailor Services Rs.100‚000 @5% Profit 60:40 Proceed 55‚000. 2 Muslim
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Western Michigan university | Is It Fair to Blame Fair Value Accounting for the Financial Crisis? | By Robert C. Pozen | | Luma Raha | 10/12/2011 | The article from the Harvard Business Review‚ "Is it Fair to Blame Fair Value Accounting for the Financial Crisis?" ‚ author Robert Pozen stipulates that the fair value accounting principles did not cause the financial crisis of 2008‚ but certainly aggravated it by common misconceptions about accounting standards. The article defines
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Environmental Crisis "We Have An Environmental Crisis Because We Have A People Crisis - A Crisis of Population Growth‚ of Wasteful Consumption of Resources‚ and A Crisis of Apathy and Inaction." An environmental crisis is an emergency concerned with the place in which every human lives - the environment. A people crisis is an emergency with the community that inhabits the world environment. A crisis of population growth is a turning point where the environment can no longer sustain the amounts
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Journal of Contingencies and Crisis Management Volume 17 Number 1 March 2009 Enhancing Organizational Resilience Through Emergency Planning: Learnings from Cross-Sectoral Lessons Margaret T. Crichton*‚ Cameron G. Ramsay** and Terence Kelly*** *People Factor Consultants Ltd‚ 41 Regent Quay‚ Aberdeen AB11 5BE‚ UK. E-mail: margaret@peoplefactor.co.uk **Cogna Limited‚ Aberdeen‚ UK ***UKAEA‚ The Manor Court‚ Chilton‚ Oxfordshire‚ OX11 ORN After every emergency exercise or actual incident‚ reports
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Introduction: The Argentine economy has a distinguished history littered with bouts of financial crises and economic turmoil resulting from failed economic stabilization programs that stretches as far back as the Baring Crash of 1890 - considered to be the world’s first full-fledge emerging market currency crisis. For example‚ by some accounts‚ Argentina has had as many as eight major episodes of currency crises since 1970. Notwithstanding this litany of banking and economic debacles‚ the underlying
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Rode of credit derivatives Credit derivatives – financial instruments that allow one to assume or cede credit risk exposure. Credit derivatives are bilateral contracts between a buyer and a seller‚ whereby the seller sells protection against the credit risk of the reference entity (i.e. corporate‚ sovereign or any other legal entity which incurs debt). Credit derivatives played a major role in the financial crisis of 2008‚ with many banks‚ investment banks and insurers incurring unexpectedly
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A Critical Perspective on the Principles of Islamic Finance Focusing on Sharia Compliance and Arbitrage James M Garner* Abstract This essay is a comprehensive discussion of the crucial Islamic finance principles written within Sharia law that govern the sector. Riba (prohibition of interest) being the major and most widely known is central to the discussion. However‚ this essay deals with many other of the major financial principles‚ for instance Gharar (avoidance of excessive risk)‚ Maisir
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"Balochistan crisis" Balochistan: Pakistan‚ an Islamic country came into being on 14th August‚ 1947 on world map comprising of four provinces. Biggest in terms of land is Balochistan which covers 44% of its total land‚ but is home to only 5% of country’s population. Its strength lie in the natural resources‚ the waste rangeland‚ the coastal belt with 750 km of as yet undeveloped coastline‚ and rich mineral and hydrocarbon deposits. But this enormous resources potential remains untapped‚ and balochistan
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