Thursday, January 23, 2020

The Clash of Civilizations Essay -- Analysis, Samuel P. Huntington

Ernest Hemingway stated that, â€Å"In modern war †¦ you will die like a dog for no good reason†! Even though that is true, experts have gone further by trying to find the â€Å"roots† and explain why conflicts emerge in the first place. Two experts, Samuel P. Huntington and John R. Bowen, present two different approaches towards the cause of conflicts in 21st century. Although there is a difference between their approaches, both of them share the common believe that a conflict may occur when one puts pressure on the other; but the reason why this pressure takes place, varies among the two theories. In his article, â€Å"The Clash of Civilizations†, Huntington points out that in the 21st century, conflicts will not occur based on ideology of a state or civilization, neither on economic power; but they will take place because the differences in cultural and religious identity between civilizations. As the first key point that lies under this theory, is the Western civilization approach towards the Eastern civilization. According to him, the Western Civilization promotes their â€Å"political and economic values, maintain their predominance and protect their interest† through economic and political pressure via Western Institution such as UN and IMF. This Western approach increases the cultural division between Western and Eastern civilization, but also within Western Civilization; between Western Christianity and Orthodox Christianity. This approach can be easily understandable if we take a look at the historical events where Western and Eastern civilization confron ted each other such as in the Gulf War and Bosnian war, where Western used their power to protect countries from a same culture, same civilization. This leads to a reaction from Eastern cou... ...up and swap a part of the region, thus creating Western vs. Eastern conflicts which apparently will lead to war between two complete different ideologies. To conclude, wars have been and will be part of our lives. In some regions, people yet have lack of knowledge, therefore tend to separate people based on language, culture, religion, region and historical background. Yet we didn’t manage to overpass these obstacles that we create towards the minorities, and live in the same land together. Although some countries try to get rid of those issues and live beyond ethnicity borders, there are countries that point the figure at you and remind you that you are â€Å"you†, and because you are who you are â€Å"We hate you†! When we overpass the hate, the ethnic borders, there won’t be any conflicts, wars and articles that are trying to find the way how the conflict occurred!

Wednesday, January 15, 2020

5ytyt

Funding Jill Moran’s Retirement Annuity Sunrise Industries wishes to accumulate funds to provide a retirement annuity for its vice president of research, Jill Moran. Ms Moran, by contract, will retire at the end of exactly 12 years. Upon retirement, she is entitled to receive an annual end- of-year payment of $42,000 for exactly 20 years. If she dies prior to the end of the 20-year period, the annual payments will pass to her heirs.During the 12-year â€Å"accumulation period,† Sunrise wishes to fund the annuity by making equal, annual, end of the year deposits into an account earning 9% interest. Once the 20-year â€Å"distribution period† begins, Sunrise plans to move the accumulated monies into an account earning a guaranteed 12% per year, At the end of the distribution period, the account balance will equal zero. Note that the first deposit will be made at the end of year 1 and that the first distribution payment will be received at the end of year 13. Please answer the questions listed below. . Draw a time line depicting all of the cash flows associated with Sunrise’s view of the retirement annuity. 2. How large a sum must Sunrise accumulate b the end of year 12 to provide the 20-year, $42,000 annuity? 3. How large must Sunrise’s equal;, annual, end-of-year deposits into the account be over the 12-year accumulation period to fund fully Ms. Moran’s retirement? 4. How much would Sunrise have to deposit annually during the accumulation period if it could earn 10% rather than 9% during the accumulation period?