Indian Price Rises Free Essays

Rising Price in India wrote by : MILAN CHATERJEE ,india from : http://www. publishyourarticles. org/eng/articles/rising-price-in-india. We will write a custom essay sample on Indian Price Rises or any similar topic only for you Order Now html Today, India is facing many problems – the problem of corruption, the problem of unemployment, the problem of illiteracy, the problem of population, so on and so forth. The problem of rising prices is one of the most important problems that Indian is facing now. This problem is two-fold to check the rising prices and, if possible, to bring the prices down. The economists are of opinion that growing economy of the country has given rise to the rising prices. Such economy causes inflation. In inflation purchasing power runs ahead of purchasable goods. In other words, in a growing country, the supply of money increase at once but the supply of goods takes time to increase. Again the population has increased. This has further increased inflation. Because of growing population the current corruption is increasing. There is another cause of rising prices. The production of consumption goods has been very slowly rising. Our plants are also responsible for the present food situation. High targets were set to be achieved in defense and development. Levels of outlay on the development were suggested. No consideration was given to the existing state of economy. The pressure on real resources has been increasing. The gap between the return and investment also has its effect upon the present price situation. Thirdly, the kind of system of Government is liable to inflation. Restraint cannot be exercised in spending. Often it happens that claims have to be met mainly allocating funds. In the period of rising prices, the rich got richer and poor, poorer. The rich own the means of production. They pay the laborers handsomely. But they take of the left hand what they gave with right hand. The cost of goods swells up. The prices naturally go up. What his master gives him, the market takes. Rising prices encourage hoarding, profiteering, black –marketing and corruption. They discourage export. They cause devaluation of currency. Lastly, they seriously disrupt equitable distribution of wealth. The problem is very dangerous. It needs measures – short and long term, to be adopted. These measures include as appeal mixed up with threat to the sellers, raids on go downs and other hoards of grain, the seizing of black, the cut of Rs 400 crores in central expenditure, the ncrease in bank rates to 5 %, the opining of fair price shops, the rationing of provisions, the imports of food-grains from some foreign counties, the curbing of unproductive expenditure by the Government, the readjustment in the scale of pay and the emphasis on small plants. The short term measure will help the government to hold the price-line. The long term measures will help the government to withdraw the huge amount of money pumped into circulation during the last year. Corruption has also given rise to rising prices. Analyze the news India has been having this economic cycle for centuries. But the issue of price of goods has been rising in India had been considered just a while ago. In the past, this economic cycle started with the problem of its population. The inequality distribution of wealth makes the poor suffer from starving as they do not have money to buy food or clothes. On the other hand, the rich just kept taking advantage of whomever underneath them. Nowadays, India has been intervened by other countries that want to help to improve the quality of life of the poor in India. Due to the better quality living of the people, they seem to have more purchasing power than before. The growing population in India, is also the result of improving quality of life, is creating a shortage of consumption goods. Because the demand increase rapidly more than the supply of goods. The increasing of population also creates more corruptions between the government and the investors, because rising price guides them the ways of making more benefits. These all situations have just creating further problems continuously from the past. It seems like these problem would never end because if they cannot fix one spot on the cycle, the other spot would never be solved. How to cite Indian Price Rises, Essay examples

Indian Price Rises Free Essays

Rising Price in India wrote by : MILAN CHATERJEE ,india from : http://www. publishyourarticles. org/eng/articles/rising-price-in-india. We will write a custom essay sample on Indian Price Rises or any similar topic only for you Order Now html Today, India is facing many problems – the problem of corruption, the problem of unemployment, the problem of illiteracy, the problem of population, so on and so forth. The problem of rising prices is one of the most important problems that Indian is facing now. This problem is two-fold to check the rising prices and, if possible, to bring the prices down. The economists are of opinion that growing economy of the country has given rise to the rising prices. Such economy causes inflation. In inflation purchasing power runs ahead of purchasable goods. In other words, in a growing country, the supply of money increase at once but the supply of goods takes time to increase. Again the population has increased. This has further increased inflation. Because of growing population the current corruption is increasing. There is another cause of rising prices. The production of consumption goods has been very slowly rising. Our plants are also responsible for the present food situation. High targets were set to be achieved in defense and development. Levels of outlay on the development were suggested. No consideration was given to the existing state of economy. The pressure on real resources has been increasing. The gap between the return and investment also has its effect upon the present price situation. Thirdly, the kind of system of Government is liable to inflation. Restraint cannot be exercised in spending. Often it happens that claims have to be met mainly allocating funds. In the period of rising prices, the rich got richer and poor, poorer. The rich own the means of production. They pay the laborers handsomely. But they take of the left hand what they gave with right hand. The cost of goods swells up. The prices naturally go up. What his master gives him, the market takes. Rising prices encourage hoarding, profiteering, black –marketing and corruption. They discourage export. They cause devaluation of currency. Lastly, they seriously disrupt equitable distribution of wealth. The problem is very dangerous. It needs measures – short and long term, to be adopted. These measures include as appeal mixed up with threat to the sellers, raids on go downs and other hoards of grain, the seizing of black, the cut of Rs 400 crores in central expenditure, the ncrease in bank rates to 5 %, the opining of fair price shops, the rationing of provisions, the imports of food-grains from some foreign counties, the curbing of unproductive expenditure by the Government, the readjustment in the scale of pay and the emphasis on small plants. The short term measure will help the government to hold the price-line. The long term measures will help the government to withdraw the huge amount of money pumped into circulation during the last year. Corruption has also given rise to rising prices. Analyze the news India has been having this economic cycle for centuries. But the issue of price of goods has been rising in India had been considered just a while ago. In the past, this economic cycle started with the problem of its population. The inequality distribution of wealth makes the poor suffer from starving as they do not have money to buy food or clothes. On the other hand, the rich just kept taking advantage of whomever underneath them. Nowadays, India has been intervened by other countries that want to help to improve the quality of life of the poor in India. Due to the better quality living of the people, they seem to have more purchasing power than before. The growing population in India, is also the result of improving quality of life, is creating a shortage of consumption goods. Because the demand increase rapidly more than the supply of goods. The increasing of population also creates more corruptions between the government and the investors, because rising price guides them the ways of making more benefits. These all situations have just creating further problems continuously from the past. It seems like these problem would never end because if they cannot fix one spot on the cycle, the other spot would never be solved. How to cite Indian Price Rises, Essay examples

Statement And Security Valuation Financial -Myassignmenthelp.Com

Question: Discuss About The Statement And Security Valuation Financial? Answer: Introduction: This report has been prepared to evaluate the financial performance, cash flow position, financial position, profitability, stock price etc of the company. Mainly this report would offer a detail about the cash flow situation of the company and it would also provide details about the betterment of cash flow position of the company. And it would also brief the organization about the investment opportunity of the company. For preparing this recommendation report about investment opportunity and cash flow analysis of the company, financial statement of the company has been analyzed firstly. Then, the study has been done on dividends of the company, operating system of the company etc to evaluate the current market position and internal position of the company. In addition, the study has been done on stock price of the company to evaluate the changes into the market worth of the company and lastly, through evaluating the cash flow analysis of the company, recommendation has been given. Company description: Dominos Pizza Enterprises Ltd is one of the biggest pizza chains in the Australian market in terms of largest franchise, network sales, network store numbers etc. the company is working under food retail industry. It has been founded in 1983 at Springwood, Queensland, Australia. The revenue of the company is Australian dollar 790.866 million in 2016-17. Currently, the company is operating its business in various countries such as France, New Zealand, Australia, Japan, principality of Monaco[1]. Currently, 1900 stores are owned by the company and 26000 people are employed by the company. According to a report, in May, 2005, Dominos Pizza Enterprises Ltd was the first pizza company who has listed in the Australian stock exchange[2]. Purpose of Financial statement analysis: Financial statements are prepared by the companies to offer the information about operations reult, cash flow osition and financial position of the company. The information of the financial statement is used to make decision about the position and the reallocation of the resources of the company. Financial statement analysis is the procedure to evaluate and analyze the financial statement of an organization[3]. The main purpose of financial statement analysis is to evaluate the current and past financial data of the company so that the financial position, cash flow position and profitability level of the company could be evaluated easily and the potential risk of the company could be estimated[4]. Further, the financial statement analysis could yield the valuable information about relationship and trends, strength and weakness of financial position, companys earnings, quality of the company etc. Mainly this process starts with establishing and managing the objectives of financial analysis. Such as, is this analysis is conducted to evaluate the cash position and investment opportunity of the company? After establishing the objectives, data of the financial statement is accumulated from the annual reports or any other source. Further, the results of the financial analysis is summarized, analyzed and interrupted. And thus, the conclusions could be made by the financial analyst[5]. In this report, the process of financial statement analysis is undertaken to evaluate about the relationship and trends, supplies and demands, strength and weakness of financial position, companys earnings, dividends of the company, stock price of the company etc so that a recommendation report could be prepared about the investment opportunity and cash flow position of the company. Firms current operating system: The income statement, cash flow statement and the balance sheet are the main statement of the company which explains about the financial performance and the position of the company. The income statement of the company explains that the current net profit of the company is $ 12,61,47,000 whereas the net profit of the company was $ 91,29,000 in 2006-07. It explains that the total net profit of the company has been enhanced by 1281.83% which explains that the company has achieved a great growth in last 11 years. The total revenue of the company has also been enhanced by 368.15%. It explains that the profitability level of the company is bit higher[6]. Further, the balance sheet of the company has been evaluated. Balance sheet is a Performa which explains about all the assets and liabilities of the company whether they are current or noncurrent. The balance sheet of Dominos Pizza Enterprises Ltd has been evaluated and it has been found that the current assets of the company has been enhanced by 316.27 from 2006-07 to 2016-17. It explains that the company has achieved great increment. Further. It has been found that the total assets of the company has been enhanced by 760.89% from 2006-07 to 2016-17. On the other hand, it has been found that the total liabilities and total stockholders equity of the company has been enhanced by 1013.97% and 518.08% from 2006-07 to 2016-17. The above evaluation explains about the great performance and the position of the company[7]. Further, it explains that the business and the operations of the company have been enhanced and due to it, the company has enhanced the level of the resources. In addition, the cash flow statement of the company has been evaluated. Cash flow statement is a Performa which explains about all the cash inflows and cash outflows of the company whether they are operating cash flow, investing cash flow or financing cash flow. The cash flow statement of Dominos Pizza Enterprises Ltd has been evaluated and it has been found that the cash flow from operating activities of the company has been enhanced by 1804.66% from 2006-07 to 2016-17[8]. It explains that cash level of the company has been increased a lot. Further, it has been found that the total cash flow from investing activities of the company has been enhanced by 283.62% from 2006-07 to 2016-17. On the other hand, it has been found that the total cash flow from financing activities and total cash flow of the company has been enhanced by 1113.77% and 541.75% from 2006-07 to 2016-17. The above evaluation explains about the great performance and the position of the company. Further, it explains t hat the business and the operations of the company have been enhanced and due to it, the company has enhanced the level of the cash to manage the activities and position of the company. Lastly, the demand and supply of the company has been evaluated to identify the performance of the company. It has been evaluated that the demand of the company has been enhanced and the company has tried to meet all the demand of the customers. The report explains that the pizza demand has been increased on greater basis and Dominos has grabbed this opportunity and thus the profit of the company has been enhanced[9]. Further, it has been found that the price elasticity demand of the company is elastic as the sales of the company have been enhanced by 45% but the price has been decreased only by 18%[10]. Dividend valuation: Dividend valuation is an important step to evaluate the performance and the position of the company. For evaluating the dividend of the company, discounted dividend valuation model has been used. This model takes the concern of dividend, growth, required rate of return etc and assists the company to make a better decision about the performance of the company. The dividend valuation model of the company briefs that the financial position and the market position of the company is quite strong[11]. It is performing well in the market and the current situation of the company explains that the value of the stock of the company should be $ 71.49%. Following is the calculations of DDM of the company: Currency Franked % Dividend Ex Date Books Close Date Pay Date Growth rate AUD 50.00 21/08/2017 22/08/2017 06/09/2017 15.72% AUD 50.00 21/02/2017 22/02/2017 09/03/2017 AUD 70.00 22/08/2016 23/08/2016 07/09/2016 42.65% AUD 70.00 25/02/2016 29/02/2016 15/03/2016 AUD 100.00 21/08/2015 25/08/2015 11/09/2015 43.16% AUD 100.00 19/02/2015 23/02/2015 10/03/2015 AUD 100.00 22/08/2014 26/08/2014 12/09/2014 23.38% AUD 100.00 18/02/2014 24/02/2014 11/03/2014 AUD 100.00 21/08/2013 27/08/2013 13/09/2013 -0.65% AUD 0.00 03/06/2013 07/06/2013 21/06/2013 AUD 100.00 19/02/2013 25/02/2013 12/03/2013 9.93% AUD 0.00 03/12/2012 07/12/2012 21/12/2012 AUD 100.00 22/08/2012 28/08/2012 14/09/2012 22.61% AUD 100.00 21/02/2012 27/02/2012 12/03/2012 AUD 100.00 24/08/2011 30/08/2011 15/09/2011 -2.54% AUD 100.00 22/02/2011 28/02/2011 14/03/2011 AUD 100.00 24/08/2010 30/08/2010 15/09/2010 47.50% AUD 100.00 23/02/2010 01/03/2010 15/03/2010 AUD 100.00 01/09/2009 07/09/2009 21/09/2009 17.65% AUD 100.00 24/02/2009 02/03/2009 20/03/2009 AUD 100.00 02/09/2008 08/09/2008 26/09/2008 0.00% AUD 100.00 26/02/2008 03/03/2008 28/03/2008 AUD 100.00 04/09/2007 10/09/2007 28/09/2007 0.00% AUD 100.00 27/02/2007 05/03/2007 23/03/2007 AUD 100.00 05/09/2006 11/09/2006 29/09/2006 871.43% Calculation of cost of equity (CAPM) RF 4.00% RM 6.00% Beta 0.928 Required rate of return 5.86%[12] It explains that the current stock price of the company should be $ 79.16 which explains that the performance of the company is good. Changes into share prices: Further, the changes into the stock price of the company has been evaluated on the basis of stock price of AORD and it has been found that the position of the company is quite different and stable than the stock price of AORD. Further, it has been found that the position of the company and market capital of the company has not been fluctuated more in last 4 years. The correlation of the stock of both the companies is also lower and explains that the stock price of DMP is not driven by the AORD. According to the above analysis on dividend, stock price and changes into the cash flow of the company, it has been found that the cash flow position of the company has been way better. The performance and the ratio analysis on cash flow statement explains that the cash flow from operating activities of the company has been enhanced by 1804.66% from 2006-07 to 2016-17. It explains that cash level of the company has been increased a lot[14]. Further, it has been found that the total cash flow from investing activities of the company has been enhanced by 283.62% from 2006-07 to 2016-17. On the other hand, it has been found that the total cash flow from financing activities and total cash flow of the company has been enhanced by 1113.77% and 541.75% from 2006-07 to 2016-17. The above evaluation explains about the great performance and the position of the company. Further, it explains that the business and the operations of the company have been enhanced and due to it, the company has en hanced the level of the cash to manage the activities and position of the company[15]. Investment and financial strategy for cash flow position: Thus the above evaluation explains that the current position of the company is way good in the industry. The financial performance, position, stock price, share valuation, dividend valuation etc explains that the stock price of the company has been better. Further, it explains that the company should invest its amount into diversification strategies so that the more market and opportunities could be grabbed by the market and the financial performance of the company could be better[16]. More, it explains that the company should evaluate the investment in the market and must invest into these companies on the basis of its WACC. The current WACC of the company is 4.85% which explains that the IRR of the project should be more than 4.85%. Recommendation: Lastly, the recommendation has been given to the shareholders of the company to maximize the performance and the wealth. Through the analysis on the company, it is recommended to the stockholder of the company that they would make an investment into the current situation of the company. Currently, the stock of the company is undervalued and if the investment is done right now than it would offer long term as well as short term profits to the investors of the company. References: AFMA, 2018. AFMA Policy. viewed Feb 05, 2018, https://afma.com.au/ AFR, 2018, DOMINO'S PIZZA GROUP PLC. viewed Feb 05, 2018, https://www.afr.com/markets/australian-fund-managers-reveal-best-long-and-short-ideas-for-2018-20180104-h0dl94 APRA, 2018. Australian Prudential Regulation Authority. management Feb 05, 2018, https://www.apra.gov.au/Pages/default.aspx ASIC, 2018. Australian securities and investment commission. viewed Feb 05, 2018, https://www.asic.gov.au/ ATO, 2018. Australian taxation office. viewed Feb 05, 2018, https://www.ato.go.au/ G., Brown, R., Easton, S., Howard, P., and S. Pinder. 2012. Business Finance, 12 th edition. Mc-GrawHill, Australia. Home, 2018, DOMINO'S PIZZA GROUP PLC. viewed Feb 05, 2018, https://www.dominos.com.au/ Home, 2018. Australian Stock Exchange. viewed Feb 05, 2018, https://www.asx.com/ Index, 2018. NYSE. viewed Feb 05, 2018, https://www.nyse.com/index London stock exchange, 2018. DOMINO'S PIZZA GROUP PLC. viewed Feb 05, 2018, https://www.londonstockexchange.com/exchange/prices-and-markets/stocks/summary/company-summary/GB00BYN59130GBGBXSTMM.html?lang=en Penman, S.H., 2010. Financial Statement and Security Valuation. Fourth Edition, McGraw-Hill. Peirson, Pike, R. And B. Neale, 2009, Corporate Finance and Investment: Decisions and Strategies, 6th edition, Financial Times Prentice Hall, Limited. Viney, C., 2009. McGraths Financial Institutions, Instruments and Markets, 6th edition, McGrawHill, Australia.

Importance of Values in a Religious Pluralist World

Introduction There are certain values that are esteemed universally. Moreover the different religions of the world are deemed to be in support of these values. These human values are several and comprise of such attributes such as peace, respect of human life and dignity, freedom of worship and speech and tolerance.Advertising We will write a custom research paper sample on Importance of Values in a Religious Pluralist World specifically for you for only $16.05 $11/page Learn More A human being is valued in the world and should have the right to justice and peace. All people have the right to security and legal recognition. Human rights ensure that the people are protected from arbitrary arrest, detention or exile. As time has passed, there has been an increase in the different religions making it a religious pluralistic world. How do the different religions practice and adhere to these values? Are there times there are contradictions in the way people p ractice these values? Family Values There are times when religious pluralism in a country causes disagreements in the area of family life. In Australia, there have been Muslims who have desired a sharia court so that they can be granted divorce according to their religion. The national courts are able to give them divorce however they feel they are not adhering to their faith when they do not go to their own court. Recently, human rights have touched on the freedom of one choosing who they will marry and giving birth. Previously the State had focused on the freedom of speech and expression but there has been conflict in the issue of same sex marriages and abortion especially when it comes to the teenage pregnancies and health risks in abortion. There has been a shift or a change in the values esteemed in various states especially when it comes to the family values. Traditionally there was a long process to be followed when one wanted a divorce especially in the Christian set up howe ver the State made it possible for the people to be able to get divorce quickly. There are other contentious issues such as abortion and same sex marriages where the church and the people in other religions have not been in agreement as the clergy perceive the acts to be going against the Christian values (Lupu and Tuttle, 480). In the traditional Christian set up especially the Catholic churches there has been the expectation that the people will value life and that is why there had been so many debates on abortion before certain countries legalised the process. There was concern that legalising same sex marriages would be a threat to the usual family set up where there is a female male relationship. As time has progressed, the pluralist religious views have caused many to greatly analyse and even question their beliefs when it comes to marriage, divorce and abortion. It is therefore a tough call for the State to manoeuvre through all these viewpoints.Advertising Looking for r esearch paper on religion theology? Let's see if we can help you! Get your first paper with 15% OFF Learn More There are religious people who will not agree to oversee or coordinate same sex marriages or have anything to do it. However at the same time, there can be no discrimination or insensitivity towards these people of different beliefs as it would be going against the universal values of equality and freedom of expression. It is therefore important for all the people to ensure that they practice the universal values otherwise they will find themselves arrested and paying damages. Even as most people agree that peace is a great value, there are times that religious pluralism causes a lot of conflict in the world (Gopin, 15). There have been disagreements and even serious civil wars and conflicts between the Christians and Muslims in African countries such as Nigeria and Sudan. As much as different governments respect human rights there is also an increase in ethnic an d religious conflict. When it comes to issues of religion it touches the core of the person and it gets highly sensitive. The people at times refuse to observe the universal views of human rights and freedom of expression all in the name of defending their religion. The question that remains however is what is more important, defending one’s religion or obeying the rules of the religion which advocate for peace and love with one’s neighbours? Universal Values In Islam, there is emphasis on the community and when the religious people teach the people the law, they emphasize that Allah looks at the community and expects the society to be just. The individual’s rights are protected under the society’s collective responsibility. In Christianity especially the protestant faith, an individual is responsible for his actions and is expected to be fair and just. In the traditional Confucianism religion, the ruler is expected to take care of his subject and manage property matters. If he mistreats his subjects he loses the mandate to rule them which was given to him from heaven. What about the freedom of worship and speech? In most religions there are certain dressings or ornaments that the individuals wear. It is not a matter of choice but it is an act of religious duty and obedience. The Catholics have the crucifix while the Muslim women have the hijab. In Eastern Europe especially France the wearing of religious symbols in public schools has been prohibited.Advertising We will write a custom research paper sample on Importance of Values in a Religious Pluralist World specifically for you for only $16.05 $11/page Learn More Lately, there has been intolerance, xenophobia and great fear towards Muslims. When they wear their religious clothes it is perceived to increase the risk of violence and threats that go against the democratic values and institutions of the State (Danchin, 6). There have been arguments again st this view. When a woman or man wears their hijab it does not mean they are extremists or fundamentalists or they are against the liberal institutions and processes of the state. After the September 11 terrorist attacks, there arose great debate on the issue of racial profiling in the United States as the people felt that the Muslims were being discriminated against and their privacy was being invaded. The truth is that the people were afraid of their lives and they were concerned that the Muslims did not respect the universal human values of peace and harmony between the people. If anyone had the highest probability to be a terrorist, he would be an individual of Middle Eastern origin who was a practicing Muslim. There were employers who were hesitant to employ people of Middle Eastern descent. Choosing to act on these feelings however would be wrong since one is not allowed to discriminate against others on the basis of their religion. One of the universal values in the world is equality when it comes to opportunities. No one should be discriminated when it comes to what they desire to achieve in terms of their work and family because of their religion. Ever since the terrorist attacks of September 9/11, the Muslim women’s dressing in Australia has come to be perceived as a form of women’s subjugation instead of the expression of their faith. The French government has the view that wearing religious symbols may infringe upon the rights of others. The freedom of others to worship and express them would be adversely affected. The religious symbols may work to pressure people towards a certain religion. It may also be a channel for propaganda and provocation. The government is also concerned about the women in the nation. It does not want the occurrence of any event where women and girls are discriminated against. The question however is whether wearing the hijab causes any harm to the girls or the society. They wear the hijab for their own priv ate reasons.Advertising Looking for research paper on religion theology? Let's see if we can help you! Get your first paper with 15% OFF Learn More Political Values There are values that deal with man’s relationship with others. For leaders, more is expected as they are expected to carry out their responsibility well in the society. They are expected to be accountable and have integrity. These are values that are agreed on by all the people even in the face of increasing religious pluralism. The people are expected to live in peace and harmony respecting each other’s belongings and property (Spickard., 8) There are people who view democracy as a value that should be upheld. In the countries where there are fundamental Muslims, they may perceive concepts such as democracy as a Western influence which they do not want to be associated with (Esposito and James, 428). There are those values such as democracy which may actually take time to take root in some cultures or religions. There are countries which do not want to be under cultural imperialism. Even the most repressive cultures however realize the importance of human rights. However they do not want to practice the values under the Western human rights notion. They have chosen to use alternative philosophies of socialism and community development. When it comes to ensuring that there is harmony and peace, the different governments have been trying to separate religion and the state. Religion should be regarded as someone’s private affair. This is what is known as secularism. It is liberal democracy that is regarded to be the optimal environment where equality can be observed (Norris and Inglehart, 40). However when religion is used as an excuse to attack other people or other countries, it is wrong. In the 2001 terrorist attacks, President Bush spoke of the fight between good and evil and the way good has to triumph (Aly and Green, 5). There will be no tolerance for the fundamentalists, extremists and radicals who use Islam as an excuse to terrorize the nationals of a different country. The people of America whether Christian, Hindu or Buddhist stood to defend the sanctity of life. The nationalistic unity came to the front to ensure that human lives are respected. Conclusion With the rise in religious pluralism, there is increasing growth in secularism where the family values in the religious setting will not be practiced in the country by all the people. There will be a shift towards the universal and political values with a great emphasis on human rights as stipulated by the United Nations. Those religions that encourage contrary beliefs will have a hard time interacting with other countries. Works Cited Aly, Ann and Lelia Green. â€Å"Less than Equal Secularism, Religious Pluralism and Privilege† Media and Culture Journal, 11.2 (2008), 1-16. Print. Danchin, Peter. â€Å"Suspect Symbols: Value Pluralism as a Theory of Religious Freedom in International Law† The Yale Journal of International Law, 33: (2008)1: 2-61. Print. Esposito, John and James Piscatori â€Å"Democratization and Islam† . Middle East  Journal, 45.3 (1991) :427-440. Print. Gopin, Marc. â€Å"Religion, Violence and Conflict Resolution† Peace and Change, 22.1(1997):1-31. Print. Lupu, Ira and Robert Tuttle â€Å"Same-Sex Family Equality and Religious Freedom†. Northwestern Journal of Law and Social Policy, 5(2010): 275-305. Print. Norris, Pippa and Ronald Inglehart. â€Å"Uneven Secularization in the United States and Western Europe† Democracy and the New Religious Pluralism. Ed Thomas. Banchoff. UK: Oxford Publishers. 2006. 31-58. Print. Spickard, James. â€Å"Human Rights, Religious Conflict, and Globalization – Ultimate Values in a New World Order†. International Journal on Multicultural Societies, 1.1(1999): 2-19. Print. This research paper on Importance of Values in a Religious Pluralist World was written and submitted by user N1k0las to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.

Britain in WWI essays

Britain in WWI essays Britain, as a country of wealth, has proven itself on several occasions to be strong and powerful. It has created this reputation by being a world leader and one of the worlds largest industrial powers. Through morals, industrial revolution, and its Navy, Britain has been able to create a spectacular reputation which allowed it to align with others for protection and support, which in turn made its country the strongest it possibly could. The industrial revolution is what made Britain what it is today, although, it was WWI that brought the British Empire to the peak of its expansion. Imperial contributions had considerably strengthened the British war effort, and victory brought Britain mandates over new territories such as Palestine, Iraq, and Germany territories in Africa. Britain was a major industrial country in the early industrial revolution, but the only problem was that their empire was scattered through out the world, where as Frances empire was mainly based in the desolate reach of north and northwest Africa. Their industrial power was created in respect to the fact that they manufactured many goods, railroads, ships, heavy metals and other products. Their trading industry also contributed to this. Because they were over confident, Britain ended up being slower to engage in scientific research. Britain was becoming a very wealthy country because their machinery was either being exported or copied. The money, which the country was earning, helped to open new factories, which created many new jobs, supporting many more citizens. Money was also used to build railroads in Europe and the U.S. Britain quickly became the worlds greatest trader, and soon enough London was named the financial capital of the world right through 1914. In order to remain on top, Britain continued to invest their money. Investing led the country to imperialism and colonies. The country wanted colonies because t...

Comparative Religions, Christianity Essay Example | Topics and Well Written Essays - 750 words - 1

Comparative Religions, Christianity - Essay Example When I do my ablutions and bow down, at the point my forehead touches the ground I have a sense of the greatness and might of Allah, and a sense of how irrelevant I really am. This propels me to adhere to the requirements the Prophets laid out for us in the Koran and the Sunna. There is a time I had a deeper religious experience. This was when all the men in my family circle did a pilgrimage together. Having prepared us through fasting when we chanted and prayed together I really felt that a real person gripped me. The other religious experience I had was when I was faced with some difficulty in completing my studies. Some friends and family of mine got together and helped me out. All of them coming together at this point, I felt there was a common bond that Allah has set for us which can never be broken, and nothing should be allowed to ever break it. My Encounter: I have been around Christian people for some time now. This special encounter started when I was seated at a diner alone and the person who was seated opposite me bowed his head and said something. I realized he was praying. When he finished I told him that he must be a really religious man. He said that he tried to do what is right but that he really wants to be thankful for what he has, because there was a time he did not have much. So every time he eats food he thanks his God, because he remembers a time where he did not have much food. That seemed a really sincere answer, so I asked him as to whom he prays to. He replied that he prayed to God in Jesus name. I was confused because I thought that the Christian God was Jesus. So I inquired along those lines and he said that Jesus was the Son of God. This is a very blasphemous thought. How could God have a Son? So I gestured in a flustered way and said you cannot do this. You are making God to look like humans with a f amily. I did not tell him

Self-Defence and the War on Terror Essay Example | Topics and Well Written Essays - 2250 words

Self-Defence and the War on Terror - Essay Example Self-defence seems to be the viable option for many states in the use of force. Some states have even managed to justify their actions under self-defence principles, even if their actions did not exactly fulfil the minimum requirements of Article 51. Since self-defence is an exception to Article 2(4), the policy of the courts in interpreting self-defence has mostly been on the adoption of restrictive considerations (Sahmoudi, 2010). An attempt to expand the coverage of self-defence has been considered under anticipatory self-defence, an attack which is carried out before any initial attack by an aggressor state has been launched. However, widespread acceptance of this new concept has been largely. When the collapse of the USSR caused the world to accept the regime of the US as the one remaining superpower, the possibilities for more general claims on the right to use force has been seen. Most of these possibilities have centred on self-defence and the right to defend against an antic ipated attack. ... One of the main issues in this debate has revolved around whether or not a person has to strictly interpret the legal basis of the Charter or whether or not there can be a more lenient or flexible application of the rules in relation to the current changes in the global community (Bring and Fisher, 2004). The settlement of this debate has been based on a positivist approach to international law. This positivist approach points out that international law are standards which must be interpreted as set rules for similar scenarios, and therefore must be respected by all states. Another approach is the realistic approach which mandates international laws as a way of fulfilling goals and securing some values on the other (Sahmoudi, 2010). The positivist approach is supported by those who believe in the need to control expansion and the use of force and selfish interests (Crossley, 2008). The realistic approach theorists base their perceptions on concepts of human dignity; they justify the use of force as a means of confronting an evil power (Crossley, 2008). In the current context, this paper shall now consider the application of self-defence in the face of the present war against terrorism. Its legality and its appropriate applications shall be evaluated in this paper. Decisions of the International Court of Justice, as well as opinions rendered by legal scholars the court shall also be discussed. Body After the September 11, 2001 attacks on the US, the UN Security Council immediately passed a resolution which basically condemned the attack. The Security Council also reiterated its goal of opposing all threats on national and international security initiated by terrorist organizations (Berdal, 2003). It also acknowledged the right of states to