struggle against communism and at the service of the hegemonic design of the United States‚ succeeded in permeating both the popular and intellectual mind for the rest of the century. Underdevelopment began‚ then‚ on January 20‚ 1949. On that day‚ two billion people became underdeveloped. In a real sense‚ from that time on‚ they ceased being what they were‚ in all their diversity‚ and were transmogrified into an inverted mirror of others ’ reality: a mirror that belittles them and sends them off
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2011 Copyright © IIUM Press ISSN 0128-4878 Book Reviews Malaysia’s foreign policy‚ the first fifty years: Alignment‚ neutralism‚ Islamism. By Johan Saravanamuttu. Singapore: Institute of Southeast Asian Studies‚ ISEAS‚ 2010‚ pp. 388. ISBN: 978-9814279-78-9 Reviewer: Abdul Rashid Moten‚ Department of Political Science‚ International Islamic University Malaysia. E-mail: rashidm@iium.edu.my Malaysia’s foreign policy is very much under-studied. Nevertheless‚ there exist several scholarly
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China ’s Exchange Rate Peg concerning Trade Policy with U.S. Overview of the Problem The U.S. and China trade imbalance continue to be on the rise. U.S. manufacturing firms and workers voiced complaints over the competitive challenges posed by cheap Chinese imports. China ’s trade policy of pegging its currency‚ the yuan‚ to the U.S. dollar has enabled an unfair trade advantage according to the U.S. Some have gone as far as calling it "currency manipulation." The outcome has been loss of
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Last night I was at the presentation of the Independent Foreign Fiction Prize‚ at the National Portrait Gallery‚ where a young Angolan writer‚ José Eduardo Agualusa‚ was announced the 2007 winner for his novel The Book of Chameleons‚ translated from the Portuguese by Daniel Hahn. Set in contemporary Angola‚ the book is particularly notable for being narrated by a lizard. The judges this year were the poet David Constantine‚ writer and editor Jennie Erdal‚ Arts Council Literature officer Kate Griffin
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UPDATE - ANALYSIS INTRODUCTION As part of my English class I had to invest USD 100‚000 in the stock market and manage my portfolio throughout the semester. MY INVESTMENT STRATEGY My strategy was to invest in large companies with a reputation for quality‚ reliability and profitability (blue chips). Furthermore‚ I decided to invest a large amount of my capital in Swiss companies in order to support Swiss economy. I chose Kuoni because the company has leading positions in its area of activity (travel)
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From the late 1400’s to the sixteenth century‚ European kings and queens were overwhelmed by‚ what is now known as‚ the Age of Discovery. With all the extensive overseas exploration by European nations trying to colonize on foreign land and globalize‚ many explorers took their chance to propose an idea for voyage. Arguably one of the greatest sails man and captain in history‚ Christopher Columbus first proposed his idea to sail west into the Atlantic Ocean to Portuguese royalty‚ where it was rejected
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Foreign literature We are committed to a cosmopolitan and multicultural syllabus. As part of this commitment‚ all our single-subject students take one module in a foreign literature‚ studied at least partly in the original language. Modules are normally available in modern Arabic‚ Old Norse‚ Anglo-Saxon and Latin‚ as well as French‚ German‚ Italian and Spanish literature. A detailed description of the available foreign literature pathways and modules is sent to new entrants in August. If you’re
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The Philippine Stock Exchange‚ Inc. ("PSE" or the "Exchange") is a private organization that provides and ensures a fair‚ efficient‚ transparent and orderly market for the buying and selling of securities. PSE traces its roots from the country’s two former bourses: the Manila Stock Exchange ("MSE") and the Makati Stock Exchange ("MkSE"). Founded in March 1927‚ the MSE was the first stock exchange in the Philippines and one of the oldest in Asia. Originally housed in downtown Manila‚ the MSE moved
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Exchange rate policy The exchange rate of an economy affects aggregate demand through its effect on export and import prices‚ and policy makers may exploit this connection. Deliberately altering exchange rates to influence the macro-economic environment may be regarded as a type of monetary policy. Changes in exchanges rates initially work there way into an economy via their effect on prices. For example‚ if £1 exchanges for $1.50 on the foreign exchange market‚ a UK product selling for £10 in
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Topic: Financial Markets A financial market is a market in which people and entities can trade financial securities‚ commodities‚ and other fungible items of value at low transaction costs and at prices that reflect supply and demand. Securities include stocks and bonds‚ and commodities include precious metals or agricultural goods. There are both general markets (where many commodities are traded) and specialized markets (where only one commodity is traded). Markets work by placing many interested
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