Why am i going to college essay
Good Persuasive Essay Topics For School
Tuesday, August 25, 2020
Effects of Poverty on Children Essay
The nationââ¬â¢s monetary emergency has profoundly influenced the lives of a huge number of Americans. Soaring dispossessions and employment cutbacks have confused numerous families, especially those living in low-salary networks. Extending destitution is inseparably connected with rising degrees of vagrancy and food instability/long for some Americans and youngsters are especially influenced by these conditions. Discover beneath a synopsis of the heap impacts of neediness, vagrancy, and craving on youngsters and youth. Different volunteer chances and assets have likewise been recorded that give data and devices on approaches to battle neediness in America. What are the present destitution and joblessness rates for Americans? The progressing monetary emergency has adversely influenced the vocations of a huge number of Americans. As per the U.S. Authority of Labor Statistics (2013), the joblessness rate is 7.9 percent as of January 2013. In spite of the information indicating an expansion of just 0.1 percent from December 2012, the joblessness rate is still high apparently, having multiplied since the start of the downturn in December 2007. * U.S. Evaluation Bureau information shows that the U.S. neediness rate increased to 15.1 percent (46.2 million) in 2010, an expansion from 14.3 percent (roughly 43.6 million) in 2009 and the most significant level since 1993. In 2008, 13.2 percent (39.8 million) Americans lived in relative destitution. * In 2000, the destitution rate for people was 12.2 percent and for families was 9.3 percent. * In 2010, the neediness limit, or destitution line, was $22,314 for a group of four. * Over 15 percent of the populace fell beneath this edge in 2010. * The level of individuals in profound neediness was 13.5 percent all things considered and 10.9 percent everything being equal, contrasted with 5.8 percent of Asians and 4.3 percent of Whites. * While non-Hispanic Whites despite everything establish the biggest single gathering of Americans living in neediness, ethnic minority bunches are overrepresented (27.4 percent African American; 28.4 percent American Indian and Alaskan Native; 26.6 percent Hispanic, and 12.1 percent Asian and Pacific Islander contrasted and 9.9 percent non-Hispanic White). * These differences are related with the authentic minimization of ethnic minority gatherings and settled in boundaries to great training and employments. Where is kid neediness concentrated? * U.S. Registration information uncovers that from 2009 to 2010, the absolute number of kids under age 18 living in neediness expanded to 16.4 million from 15.5 million. Youngster neediness rose from 20.7 percent in 2009, to 22 percent in 2010, and this is the most noteworthy it has ever been since 1993. * Racial and ethnic variations in destitution rates endure among youngsters. The neediness rate for Black kids was 38.2 percent; 32.3 percent for Hispanic kids; 17 percent for non-Hispanic White kids; and 13 percent for Asian kids. * The National Center for Children in Poverty reports that 17.2 million youngsters living in the U.S. have an outside conceived parent, and 4.2 million offspring of foreigner guardians are poor. It is accounted for that kid neediness in worker families is all the more firmly identified with low-wage work and boundaries to important work bolsters. * The Population Reference Bureau (2010) reports that 24 percent of the 75 million youngsters under age 18 in the U.S. live in a single parent family. The destitution rate for kids living in female-householder families (no mate present) was 42.2 percent in 2010; 7 out of 10 kids living with a single parent are poor or low-pay, contrasted with not exactly a third (32 percent) of kids living in different sorts of families. A stunning 50.9 percent of female-headed Hispanic family units with youngsters beneath 18 years old live in neediness (48.8 percent for Blacks; 31.6 percent Asian, and 32.1 percent non-Hispanic White). * Single-mother headed family units are progressively predominant among African American and Hispanic families adding to ethnic variations in neediness. What are the impacts of youngster destitution? Mental exploration has shown that living in neediness has a wide scope of negative consequences for the physical and emotional well-being and prosperity of our nationââ¬â¢s youngsters. Destitution impacts kids inside their different settings at home, in school, and in their neighborhoods and networks. * Poverty is connected with negative conditions, for example, unsatisfactory lodging, vagrancy, deficient nourishment and food uncertainty, insufficient kid care, absence of access to human services, dangerous neighborhoods, and under resourced schools which unfavorably sway our nationââ¬â¢s kids. * Poorer youngsters and teenagers are likewise at more serious hazard for a few negative results, for example, poor scholarly accomplishment, school dropout, misuse and disregard, conduct and socio-enthusiastic issues, physical medical issues, and formative postponements. * These impacts are intensified by the hindrances youngsters and their families experience when attempting to get to physical and emotional wellness care. * Economists gauge that youngster neediness costs an expected $500 billion per year to the U.S. economy; decreases profitability and monetary yield by 1.3 percent of GDP; raises wrongdoing and expands wellbeing consumption (Holzer et al., 2008). Destitution and scholarly accomplishment * Poverty has an especially antagonistic impact on the scholarly results of youngsters, particularly during youth. * Chronic pressure related with living in neediness has been appeared to unfavorably influence childrenââ¬â¢s focus and memory which may affect their capacity to learn. * The National Center for Education Statistics reports that in 2008, the dropout pace of understudies living in low-salary families was around four and one-half times more prominent than the pace of youngsters from higher-pay families (8.7 percent versus 2.0 percent). * The scholastic accomplishment hole for less fortunate youth is especially articulated for low-pay African American and Hispanic kids contrasted and their increasingly princely White friends. * Under resourced schools in less fortunate networks battle to meet the adapting needs of their understudies and help them in satisfying their latent capacity. * Inadequate instruction adds to the pattern of destitution by making it increasingly hard for low-pay youngsters to lift themselves and people in the future out of neediness. Neediness and psychosocial results * Children living in neediness are at more serious danger of conduct and passionate issues. * Some social issues may incorporate hastiness, trouble coexisting with peers, hostility, consideration deficiency/hyperactivity issue (ADHD) and lead issue. * Some enthusiastic issues may incorporate sentiments of uneasiness, discouragement, and low confidence. * Poverty and monetary difficulty is especially hard for guardians who may encounter constant pressure, discouragement, conjugal misery and display harsher child rearing practices. These are completely connected to poor social and enthusiastic results for youngsters. * Unsafe neighborhoods may uncover low-salary youngsters to viciousness which can cause various psychosocial challenges. Savagery presentation can likewise foresee future brutal conduct in youth which places them at more serious danger of injury and mortality and passage into the adolescent equity framework. Neediness and physical wellbeing Youngsters and teenagers living in more unfortunate networks are at expanded hazard for a wide scope of physical medical issues: * Low birth weight à * Poor nourishment which is showed in the accompanying manners: 1. Insufficient food which can prompt food uncertainty/hunger 2. Absence of access to sound nourishments and regions for play or sports which can prompt youth overweight or heftiness * Chronic conditions, for example, asthma, weakness, and pneumonia * Risky practices, for example, smoking or taking part in early sexual movement * Exposure to ecological contaminants, e.g., lead paint and harmful waste dumps * Exposure to savagery in their networks which can prompt injury, injury, handicap, and mortality What is the predominance of youngster hunger in America? * The Federal Interagency Forum on Child and Family Statistics reports that in 2010, 22 percent of youngsters younger than 18 lived in food-shaky families and one percent in families with low food security. Food uncertain implies that sooner or later during the year, the family unit had restricted access to a satisfactory flexibly of food because of absence of cash or different assets. * In 2009 â⬠2010, 21 states and the District of Columbia had at any rate one out of four family units with kids (25 percent or more) confronting food difficulty, as indicated by the Food Research and Action Center (FRAC). The District of Columbia had the most elevated paces of food difficulty for family units with youngsters, trailed by Mississippi, Alabama, Florida, Arkansas, Nevada, Arizona, Louisiana, Kentucky, and Tennessee. FRAC information shows that Metropolitan territories in the South and South West, and California were hard hit by food difficulties. Utilization of food stamps expanded to 16% (13.6 million family units) in 2010, as indicated by U.S. Statistics Bureau. States with the biggest increment (over 30%) in food stamp utilize included Nevada, Idaho, Colorado, Wisconsin and Florida. * Approximately 1 out of 4 Americans use in any event one of the U.S. Division of Agricultureââ¬â¢s (USDA) sustenance help programs every year (USDA, 2011). * The Food and Nutrition Service (FNS) reports that 53% of newborn children conceived in the United States get support from the Women, Infants and Children (WIC) program. * In 2010, more than 31.7 million youngsters every day got their lunch through the National School Lunch Program. Kids from families with earnings at or underneath 130 percent of the neediness level are qualified with the expectation of complimentary dinners. Roughly, 20 million youngsters got free and discounted value lunch, as per the Food Research and Action Center (2010). What are the impacts of appetite and under nourishment on kid advancement? Prenatally * Maternal under nourishment during pregnancy expands the danger of negative birth results, including premat
Saturday, August 22, 2020
Giving economic circumstances over the last five years of how Tesco, Essay - 1
Giving financial conditions in the course of the most recent five years of how Tesco, Sainsbury and Morrisons have adapted - Essay Example Falling house costs which were brought about by lack of home loans made the economy to exacerbate and financial specialist missed the mark concerning reimbursing their advances. This demonstration made loaning foundations to end their crediting as they expected that their clients couldn't reimburse. Another reason for downturn in United Kingdom was cost push swelling which made government workers to press their livelihoods and lower their removal income. Resident all the more so government workers were cautious on each penny they spent for the typical cost for basic items had soar making them to dodge any drive purchasing. Absence of certainty with monetary area decreased trust in genuine economy in this manner propagating low exchanging and consequently less income. Therefore, the retail part which enormously relies upon the purchasing conduct of the clients was monetarily influenced. The monetary unrest influenced the general retail part worldwide to an enormous degree, top retail monsters including Tesco, and Sainsbury additionally confronted decrease in their offer costs because of a significant brunt of the budgetary emergency (Hotten, 2008). Numerous retail divisions like the money related and other retail areas jobbed slicing so as to battle the budgetary strife. In spite of the fact that some food supplies mammoths like Tesco, Sainsbury and Morrison planned for expanding the occupations however because of the conclusion of a portion of the staple warehouses like Tesco who shut its Daventryââ¬â¢s stop of Fast way circulation has come about some employment misfortune (The Telegraph, 2008). Be that as it may, over the most recent five years aside from 2008 and 2009 UK saw a positive GDP development rate (BBC News, 2011). Toward the finish of 2009 UK recouped from the worldwide downturn which was caused because of the expanding influences of the disappointment of subprime credits and insolvency of the huge monetary organizations yet can be massively influenced because of the anticipated downturn of 2012 which may happen for the most part because of the obligation emergency of the European nations (The Economic Times, 2011). The diagram beneath shows how downturn occurred and the way
Wednesday, July 29, 2020
Rational Emotive Therapy for SAD A Sample Session
Rational Emotive Therapy for SAD A Sample Session Social Anxiety Disorder Treatment and Therapy Print Rational Emotive Therapy for Social Anxiety Disorder By Arlin Cuncic Arlin Cuncic, MA, is the author of Therapy in Focus: What to Expect from CBT for Social Anxiety Disorder and 7 Weeks to Reduce Anxiety. Learn about our editorial policy Arlin Cuncic Medically reviewed by Medically reviewed by Steven Gans, MD on August 05, 2016 Steven Gans, MD is board-certified in psychiatry and is an active supervisor, teacher, and mentor at Massachusetts General Hospital. Learn about our Medical Review Board Steven Gans, MD Updated on September 16, 2019 Social Anxiety Disorder Overview Symptoms & Diagnosis Causes Treatment Living With In Children Hill Street Studios/Getty Images Rational emotive behavior therapy (REBT) is a type of therapy that deals with overcoming irrational beliefs and changing your reactions to the negative events that happen in your life. Basic REBT theory is based on the ABC Model: A Activating Event (something happens)B Belief (about the event)C Consequence (emotional reaction to the belief) According to REBT, your reaction (C) is the result of your belief (B) and not caused directly by the event (A). The goal of REBT is to change your belief (B) so that your reaction (C) also changes. This is done through a process known as disputation, which is usually completed with the help of a therapist. For example, imagine that you have a fear of making introductions. Perhaps you arent sure of the etiquette, worry that you will forget someones name, or just feel too anxious to even make introductions or introduce yourself to others. In situations where introductions are required, you might avoid speaking or wait until other people introduce themselves. Sample Session Below is a sample conversation that you might have with your therapist about this fear. Client: I feel afraid to introduce people like I might say the wrong thing or embarrass myself. When I have to introduce myself, I feel awkward and usually end up saying nothing. Strangers probably think I am stuck up, but I just feel too anxious to do anything. Therapist: So you are afraid that other people will think you are bad at making introductions. What is so bad about that? Client: Im not really sure, but I just cant seem to do it. I feel awkward. Therapist: So other people end up thinking you are a snob. So? Client: Well, its hard to make friends when you make a bad impression. Therapist: Well, the main problem is the pressure you put on yourself to make the introduction. It makes you overly anxious about the situation to the point that you do nothing. You and your therapist would then work on a list of MUST statements. These are those irrational beliefs that you tell yourself in the situation that leads to you feeling bad about yourself: I MUST come across well to others or else Im worthless. I MUST be socially competent or else I am no good. I MUST not make mistakes in social situations or I am a misfit. One technique to work on these must statements is to write them down on index cards with more rational statements written on the reverse of each card. For every must statement, you and your therapist might come up with four or five healthier replacement beliefs. For example: Front of Flashcard: I must come across well to others. Back of Flashcard: I might like to look good all the time, but I dont have to.Its not horrible if I make a mistake introducing people.Even if I dont introduce myself, people wont hate me.Even if I forget to make introductions, its not the end of the world. Your therapist would then have you look at these cards whenever you have a few minutes in your day to practice your new ways of thinking. Eventually, you will learn that it is not making introductions that make you anxious, but rather the demands that you put on yourself that it must go well. Even if you never get better at making introductions, you can be less anxious about the whole experience. As a way of extending your irrational thoughts even farther, imagine the worst-case scenario: Everyone you know starts avoiding you because you are bad at making introductions. When you can get to the point of seeing your fears as ridiculous, you can start to let them go. In addition to working through your irrational beliefs, you can also take steps to improve your social skills and learn about etiquette in the areas that make you uncomfortable. A Word From Verywell In summary, the basic premise of REBT when applied to social anxiety is to work on overcoming the irrational belief that everyone must like and approve of you in order for you to be of value. The process is usually done through a series of questions known as disputation with a trained therapist, though you can also practice replacing beliefs on your own. At the heart of REBT is the notion that you make the situations in your life better or worse depending on how you think about them. The 9 Best Online Therapy Programs
Friday, May 22, 2020
How Is Energy Transferred - 1431 Words
How is energy transferred? This question can be answered in many ways and forms, letââ¬â¢s elaborate.â⬠¨Energy in the dictionary meaning is, ââ¬Ëthe strength and vitality required for sustained physical or mental activityââ¬â¢. In my own view, energy is the most vital and unrecognized strength this world has. Energy can make anything move or perform certain movements or tasks, it can even be used to make non-living things move. That is called Kinetic Energy. Kinetic energy is energy that is stored and used by any moving object. When an object is using kinetic energy, it creates another form of energy called Gravitational Potential Energy. This is energy that is stored in an object, it is also the energy of a particle acquired from position, or condition, rather than motion. Things that have potential energy are a raised weight, coiled spring, a charged battery or even food etc, energy causes change within systems.â⬠¨The dictionary meaning is ââ¬Ëthe energy possessed by a body by virtue of its position relative to others, electric charge, electric charge, and other factorsââ¬â¢. Elastic potential energy is the potential in which when you pull something such as an elastic band, and the further you pull and stretch the item, the more Elastic potential it possesses upon release of the object.â⬠¨ The way energy travels is by vibrating in waves which can either be a path through longitudinal or transverse waves. These waves are the path to transferring energy. Longitudinal waves travel and vibrate in aShow MoreRelatedInvestigation Into The Heat Of Combustion Of An Alcohol1669 Words à |à 7 Pagesand are going to be used to warm up a known amount of water in a beaker. Therefore, the mass of alcohol that will be burnt is going to be measured. In this experiment you will also learn about calorific value. Calorific value is the amount of heat energy produced on combustion of 1g of alcohol can then be calculated. Abstract: This investigation is all about what alcohol is more effective as a fuel. The alcohols that we used were methanol and ethanol. During this experiment safety precautions wereRead MoreHow Heat Is The Heat Source For Our World1513 Words à |à 7 Pagesthe sun that energy is transferred ââ¬Å"through space and through the earth s atmosphere to the earth s surfaceâ⬠(ââ¬Å"The Transfer of Heat Energyâ⬠, n.d.). When energy begins to warm our planetââ¬â¢s atmosphere and surface, some of that energy is considered to be heat energy. Specifically, there are three different methods in which our world uses to transfer heat into and throughout the atmosphere; these methods include conduction, convection, and radiation. Heat is considered to be thermal energy, and thus isRead MoreThe Effect Of Heat Transfer On The Sun Essay1640 Words à |à 7 Pagesthat they are the methods by which heat is transferred. Scientists have stated that heat transfer is the exchange of thermal energy between physical systems. The rate at which heat is transferred occurs is dependent upon the temperature of the system and properties of the medium where the heat is transferred. Heat transfer, whether it is any of the three previously stated, are extremely important because it is vital to existence on Earth. The thermal energy that comes millions of miles from the SunRead MoreTeaching Will Be Very Proactive And Flexible During The Unit On Energy859 Words à |à 4 PagesTeaching will be very untraditional and flexible during the unit on energy. The students all have multiple disabilities and are in a self-contained setting most of the day. These disabilities impact all three studentsââ¬â¢ academics and behaviors. Lesson planning for this unit was and will continue to be strategic and complicated. In order for students to grasp each concept, the concept must be broken down into smaller concepts. Each lesson will have to be well paced, where each lesson does not go tooRead MoreEnergy And Energy Of Energy1140 Words à |à 5 PagesScientifically, energy is defined as the ability to do work. While there are many forms of energy, they can be grouped into two categories:Potential energy, or stored energy; and Kinetic energy, or energy is a form of potential energy and it is possessed by things such as food, fuels, and batteries. Energy is the ability to cause changes in matter. It can exist in many different forms. Energy can change from one form to another. There are six forms of energy: mechanical, chemical, electrical, lightRead MoreCell Energy Worksheet1024 Words à |à 5 PagesAssociate Program Material Cell Energy Worksheet Answer the following questions: Cellular respiration: â⬠¢ What is cellular respiration and what are its three stages? Cellular respiration is the process by which electrons are transferred between glucose to coenzymes and then to oxygen. The three stagesare: glycolysis, citric acid cycle, and electron transport. â⬠¢ What is the role of glycolysis? Include the reactants and the products. Where does it occur? GlycolysisRead MoreEnthalpy Change of Combustion Experiment852 Words à |à 4 Pagesbefore and after used as heat source to heat water in a calorimeter. The result is used to find out amount of heat transferred by the fuel, amount of fuel used and the enthalpy change of combustion. Introduction Enthalpy change of combustion is the enthalpy change when a substance completely reacts with oxygen under standard conditions. This experiment is carried out to show how this enthalpy change of combustion is different in different fuels. For this experiment I took two fuels methanol andRead MoreAdvantages And Disadvantages Of Geothermal Energy1516 Words à |à 7 PagesSUBMITTED FOR Energy Studies INTRODUCTION In the present scenario , ENERGY has become the most important part of our daily life requirements . It is used so extensively in our day to day life that we , at many times , do not even realise that it is being used. Thus, for all our works , energy is required in large quantities . But the big question which arises is , from where to get the energy.There are several sources and a wide variety of methods to fulfill our demands by producing energy . Being humansRead MorePlain And Simple, We Need Heat1599 Words à |à 7 Pagesheat from the Sun. As one can see, heat is all around us and we need it, but many of us do not even know what the proper definition for heat is or how or why it even transfers. Therefore, this paper will focus on giving answers to questions that might be though to be simple but there is a whole scientific explanation behind them such as what is heat? How does it transfer? What are some examples of those heat transmission forms? What is Heat? Before writing the paper, I ask both my sister and husbandRead MoreSynthesis From The Law Of Conservation Of Energy1470 Words à |à 6 Pagesconservation of energy but is slightly changed to encompass the differences. (clarkson.edu, n.d.) This law when put simply states that the change in energy within the system is directly proportional to the difference of the heat input to the system and the workout put of the system. (ucdavis.edu, n.d.)This gives the following equation: âËâ U=Q-W Where; âËâ U is the change in internal energy of the sytem Q is the amount of energy added to the system through heat W is the amount of energy lost due to work
Saturday, May 9, 2020
The Most Overlooked Answer for College Essay Examples
The Most Overlooked Answer for College Essay Examples The 30-Second Trick for College Essay Examples The entry essay may be a critical concern in your school vocation. The most important question of all students who must compose a reflective or private essay is whether it's possible to think of such sort of academic paper without sounding too egotistical. Consider your feelings about the scenario, how it affected you and what you learned from the experience instead of just simply recalling the circumstance or the individual you lost. Ultimately, the detail of real speech makes the scene pop. College Essay Examples for Dummies While it's true that there are a few excellent writers in college some find it extremely tough to write. Fine, but you must be ready to write whatever you truly feel like writing from a college that might not be your first alternative. Now you can get genuine college essay online, one that is going to fit your financial plan and get your work done too. Your college essay ought to be a concise essay about who you are and what you plan to study at the academic institution of your choice. College Essay Examples Features You will be provided tips in the next article that will help you figure out your priorities. Therefore, when you have a few really very good life stories to share, don't hesitate to do it. You could also get in touch with your writer to supply some excess recommendations or request information regarding the order's progress. So should you need to employ college essay writer online, we're just the people that you want to contact. A strong essay may be a definite advantage in earning your application stick out from the crowd. A great sample college essay isn't the simplest thing to find on the web, where anyone with a keyboard and a blog can post something which purports to be a quality, totally free essay. Whenever you have to write something for a college program, you wish to make certain you're being uniqu e. It's possible for you to discuss whatever isn't shown on a different part of your college application. College Essay Examples Secrets That No One Else Knows About So in case you have an essay assigned that you require help with, you can purchase essay online cheap from us. If you have to understand how to compose essays, you're not alone. Usually, an essay consists of several topics. To put it differently, 1 essay usually should be adapted to every school. Numerous quotations might also get the job done. You'll observe a similar structure in a lot of the essays. There are lots of essay examples here that provide the suitable structure and substance that will help you quickly compose an outstanding essay. It is preferable to acquire professional writing assistance from the corresponding support. If you would like to acquire an essay via the internet, our group of competent experts is in a position to edge. Are you trying hard to find quality writers. All our writers pass a considerable procedure to look at their abilities. Whatever They Told You About College Essay Examples Is Dead Wrong...And Here's Why Custom writing means a severe company with high standards. It is preferable to get started writing as soon as you're assigned the endeavor. Writing about yourself can be hard, but when you get a concept of the way to compose a very good essay, you'll have less trouble. Essay writing is only a brief bit of writing on a particular subject. It is a gift that comes naturally. Writing a college essay can arrive in various forms and styles based on your taste. Writing a transfer essay isn't a mere formality. Top College Essay Examples Choices On the other, it's a manner of life. You will love our work. Be certain to ask somebody who knows you well. If it's the first time you're likely to use our article writing service, you most likely have plenty of questions. Choosing College Essay Examples Is Simple The revisions are completely free! You obtain a preview of your essay and ask to create corrections if necessary. Each paragraph has to be a minimum of 7-10 sentences. Introduction essay paragraphs are central in any bit of writing for the reason they give readers advance details about the content and the intention behind the material. College is a distinctive experience. Students know the best way to be creative. They lead busy lives and o ften forget about an upcoming deadline. Today, most college students find it difficult to compose an essay on a specific topic.
Wednesday, May 6, 2020
Case Study/Research Paper of Mergers Icici and Icici Bank Free Essays
Industrial Credit and Investment Corporation of India Limited (ICICI) was founded by the World Bank, the Government of India and representatives of private industry on 5 January, 1995. The objective was to encourage and assist industrial development and investment in India. Over the years, ICICI has evolved into a diversified financial institution. We will write a custom essay sample on Case Study/Research Paper of Mergers Icici and Icici Bank or any similar topic only for you Order Now ICICIââ¬â¢s principal business activities include project finance, infrastructure finance, corporate finance, securitization, leasing, deferred credit, consultancy services and custodial services. It has set up specialised subsidiaries in the areas of commercial banking, investment banking, non banking finance, investor servicing broking, venture capital finance and state level infrastructure financing from where the group draws its strength. ICICI BANK- ICICI Bank was set up by the ICICI group as a commercial banking outfit on 5 January, 1994 and received its banking license from the RBI on 17 May, 1994. The first branch of ICICI Bank was started in Chennai in June 1994 and by 31 March, 1999 and before the merger it had 64 branches across the country. From the beginning the branches were fully computerised with state-of-the-art technology and systems and networked through VSAT technology. It offered a wide spectrum of domestic and international banking services to facilitate trade, investment, cross-border business and treasury and foreign exchange services. This is in addition to a whole range of deposit services offered to individuals and corporate bodies. ICICI Bankââ¬â¢s ââ¬ËInfinityââ¬â¢ was the first Internet banking service in the country. Currently the Bank has around 350000 customers. * ABOUT THE MERGER After consideration of various corporate structuring alternatives in the context of the emerging competitive scenario in the Indian banking Industry, and the move towards universal banking, the managements of ICICI and ICICI Bank decided to go for the merger of ICICI with ICICI Bank which would be beneficial for both entities and would create the optimal legal structure for the ICICI groupââ¬â¢s universal banking strategy. In October 2001, the Board of Directors of ICICI and ICICI Bank approved the merger of ICICI and two of its wholly-owned retail finance subsidiaries, ICICI Personal Financial Services Limited and ICICI Capital Services Limited, with ICICI Bank. The merger was approved by shareholders of ICICI and ICICI Bank in January 2002,by the High Court of Gujarat at Ahmadabad in March 2002, and by the High Court of Judicature at Mumbai and the Reserve Bank of India in April 2002. ICICI Limited merged with ICICI Bank Limited on 30 March 2002, with the swap ratio of 2 ICICI Shares for 1 share of ICICI Bank Limited. With this merger, the second largest Bank in India was born. RBI had given approval for the reverse merger of ICICI Ltd. with its banking arm ICICI Bank. ICICI Bank with Rs. 1 lakh crore asset base bank is second only to State Bank of India, which is well over Rs. 3 lakh crore in size. RBI also cleared the merger of two ICICI subsidiaries. FOR ICICI THE MERGER MEANT- 1. Increasing the speed in financing long-term projects 2. Obtaining access to cheaper funds for lending 3. Increasing its appeal to investors for raising capital base needed to write off bad loans 4. Competing more effectively in the retail finance market dominated by banks FOR ICICI BANK THE MERGER MEANT- 1. Expanding geographically 2. Utilising large capital base of ICICI 3. Gaining brand equity from the strong brand of ICICI 4. Deriving benefits from ICICIââ¬â¢s well established corporate relationship * CONDITIONS LAID DOWN BY THE RBI BEFORE GIVING THE APPROVAL FOR THE MERGER (i) Compliance with Reserve Requirements The ICICI Bank Ltd. ould comply with the Cash Reserve Requirements (under Section 42 of the Reserve Bank of India Act, 1934) and Statutory Liquidity Reserve Requirements (under Section 24 of the Banking Regulation Act, 1949) as applicable to banks on the net demand and time liabilities of the bank, inclusive of the liabilities pertaining to ICICI Ltd. from the date of merger (ii) Appointment of Directors The bank should en sure compliance with Section 20 of the Banking Regulation Act, 1949, concerning granting of loans to the companies in which directors of such companies are also directors. iii) Conditions relating to Swap Ratio As the proposed merger is between a banking company and a financial institution, all matters connected with shareholding including the swap ratio, will be governed by the provisions of Companies Act, 1956, as provided (iv) Subsidiaries While taking over the subsidiaries of ICICI Ltd. after merger, the bank should ensure that the activities of the subsidiaries comply with the requirements of permissible activities to be undertaken by a bank under Section 6 of the Banking Regulation Act, 1949 and Section 19 (1) of the Act ibid. v) Preference Share Capital Section 12 of the Banking Regulation Act, 1949 requires that capital of a banking company shall consist of ordinary shares only (except preference share issued before 1944). * BENEFITS OF MERGER Through the merger, ICICI Bank became Indiaââ¬â¢s 1st universal bank that is, one-stop shop financial services in India and acquired large market share of retail banking and offered a complete range of banking products. 1. Optimum utilisation of human capital 2. Improved ability to further diversity asset portfolio and business revenues 3. Reduced costs of funds 4. Availability of more float money due to active participation in the payment system 5. Diversified fund raising due to access to retail funds 6. Leveraged the ICICIââ¬â¢s capital and client base in terms of increase in fee income 7. Improved profitability by leveraging technology and low cost structure 8. Access to ICICI groupââ¬â¢s talent pool and thereby development of human resource at lower costs. * PROBLEMS FACED . The risk of failure to obtain government and other approvals of the merger as per planned. 2. The risk of failure of the High Courts of Mumbai and Gujarat to approve the scheme of Amalgamation. 3. The risk of business which may not be integrated as smooth as planned. 4. Merger of ICICI Ltd and ICICI bank making it more difficult to maintain relationships with clients, employees and suppliers. 5. The risk of new and changing regulation and unfavourable politica l support or other developments in Indian and international markets. CONCLUSION The swap ratio was based on the valuations and recommendations of investment bankers. The merger ratio was set as two ICICI shares for every ICICI Bank share that is one equity share of ICICI Bank was swapped for two equity shares of ICICI. The merger brought operational strategies both in terms of economies of scale and scope. Economies of scale achieved through increase in business volumes at lower operating costs and deployment of latest technology. Economies of scope were achieved through enlarged product range. FINANCIAL PERFORMANCE OF ICICI AND ICICI BANK AFTER MERGER ICICI Ltd Profit to equity holders increased by 16% 21% increase in Indian GAAP consolidated profits ICICI BANK There was always an increase seen in the profits after the merger The merger took place in 2002 and its 2013 now the merger has successfully completed 11 years which shows that the merger created a strong entity, which will redefine banking in the highly competitive era of globalisation and liberalisation. BIBLIOGRAPHY * www. google. com * www. economictimes. com How to cite Case Study/Research Paper of Mergers Icici and Icici Bank, Free Case study samples
Tuesday, April 28, 2020
The Bra Boys Essay Example
The Bra Boys Paper Bra Boys From Wikipedia, the free encyclopedia Jump to: navigation, search The Bra Boys is an Australian gang founded and based in Maroubra, an eastern suburb of Sydney, New South Wales. Dating back to the 1990s, the gang has gained notoriety through violent clashes with members of the public and police. The gang achieved national and international attention in 2007[1] with the release of a feature-length documentary entitled Bra Boys: Blood is Thicker than Water, written and directed by members of the gang. Contents 1 Origins Notoriety and violence 2. 1 Criminal matters 2. 2 General community activism 2. 3 Art imitating life 3 Documentary 4 References 5 Further reading 6 External links Origins The Bra Boys are held together by surfing as well as community ties. [2] The group is often linked with the Maroubra Surfers Association, with which a number of its members are associated. [citation needed] In an interview on Triple J radio, Koby Abberton pointed out the Bra is a reference to the gangs suburb, Maroubra,[3] and partly after the street slang for brother. 1] Some members of the gang tattoo My Brothers Keeper across the front of their chest,[4] Bra Boys and Maroubras postcode 2035 on their backs. [citation needed] With a reputation of being territorial,[1] the group is known to have taken control of a Sydney reef break, known as Cape Solander, located in Kurnell, and renaming the break Ours. In July 2007, The Sydney Morning Herald reported an altercation that took place between professional bodyboarder Mitch Rawlins and a group of several Bra Boys members, including Koby Abberton. Rawlins was allegedly approached by a Bra Boy member and told to fuck off. It is believed an argument broke out and then turned physical with Rawlins being punched in the head. A spokesman for the Bra Boys confirmed there had been some sort of small incident but denied any major violence. [5] Notoriety and violence Prominent Bra Boys members include rugby league players Reni Maitua, John Sutton, as well as the Abberton brothers, Sunny, Jai, Dakota, and Koby, with the latter being the most notorious of the brothers. 6] Criminal matters A syndicate with alleged links to members of the Bra Boys were caught smuggling cocaine following interceptions of conversations dating back to 1997. It was alleged that the syndicate was granted security passes to restricted areas within Sydney Airport, by-passing Australian Customs, enabling the prohibited narcotics to be smuggled from Los Angeles by being concealed in on-board catering refuse. [7] In 2005, Jai Abberton was acquitted of the 2003 murde r of stand-over man Anthony Tony Hines. 8] However, his brother Koby was handed a suspended nine-month jail sentence after being found guilty of perverting the course of justice in the same matter. [9][10] In November 2008, Koby Abberton was jailed for three days by a US court after being found guilty of assaulting an off-duty police officer in a fight outside a nightclub in Honolulu, Hawaii. [6] In November 2009 Jai Abberton was jailed for eight months for breaching a good behaviour bond. [11] General community activism We will write a custom essay sample on The Bra Boys specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on The Bra Boys specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on The Bra Boys specifically for you FOR ONLY $16.38 $13.9/page Hire Writer In late 2002, around 160 members of the gang attending a birthday party at the Coogee-Randwick RSL Club were involved in a brawl with off-duty Waverley police officers leaving a Christmas party on the same premises. News reports numbered the combatants in the incident at around 120, with 30 police officers left injured after the event. [12] In August 2005, the Bra Boys led a 100-person non-violent protest against plans by Randwick Council to introduce parking meters near the local beaches. [13] In the lead up to the 2005 Cronulla riots in Cronulla, Koby Abberton spoke to The Daily Telegraph about the assault of a lifeguard that sparked the incident, claiming: The reason why its not happening at Maroubra is because of the Bra Boys. Girls go to Cronulla, Bondi, everywhere else in Sydney and get harassed, but they come to Maroubra and nothing happens to them. I read all this stuff about kids getting harassed because they want to have a surf and I say are you kidding? The beach should be for Aussie kids. But if you want to go to beaches and act tough in groups you better be able to back it up. If these fellas come out to Maroubra and start something they know its going to be on, so they stay away. [14] Following the riots, in which the Bra Boys did not claim any involvement, Maroubra was the target of retaliation by Middle Eastern gangs. The Abberton brothers then held well-publicised meetings with other groups to help ease tensions. [15] I think that this is the start, the boys have agreed to come down and talk to us, to start some dialogue between the groups, you know, to try and ease some tension, said Sunny Abberton in a group interview on The 7. 30 Report. [16] Art imitating life The Bra Boys were made the subject of satire by The Chasers War on Everything, episode 29, aired on 11 April 2007. [17] In the skit Julian Morrow approached gang members while wearing a pill-filled brassiere and sporting a tattoo similar to Koby Abbertons saying mybrothersalibi. A gang member responded by slipping off one of his thongs and flinging it at Morrow. Long-running Australian television soap opera, Home and Away has produced a thinly veiled reference to the Bra Boys in the fictional storyline of the River Boys that was broadcast in Australia commencing 16 February 2011. 18] Inspired by the friendship and brotherhood codes instilled by the Bra Boys, the Abberton brothers created a clothing line to reflect the importance of solid bonds between friends and family entitled MyBrothersKeeper Clothing, sometimes referred to as MBK Clothing. MyBrothersKeeper is a reference to the unspoken motto of the Bra Boys and can be somewhat translated as the unconditional love, respect and su pport of those close to you regardless of race, gender and age. [4] Documentary A 90 minute documentary film about the surf gang, entitled Bra Boys: Blood is Thicker than Water premiered in Sydney on 7 March 2007 and was released on 15 March 2007. The film details a story of the Bra Boys from the viewpoint of the gang, particularly the Abbertons. Sunny Abberton wrote and co-directed the film with Macario De Souza. Actor Russell Crowe provided narration. The films official cast included 49 well known surfers from Bra Boys members Evan Faulks and Richie Vas Vaculik to ten-time world champion, Kelly Slater,[19] and surfing legends including Mark Occhilupo, Bruce Irons, and Laird Hamilton. 20] Australian reviewer Margaret Pomeranz gave the movie an overall positive review, while her At the Movies co-host David Stratton criticised Sunnys amateurish direction and questioned how objective a documentary can be when it is directed by its subject. [21] The documentary became Australias highest-grossing non-IMAX documentary film[22] and won the Best Documentary at the 2008 Movie EXTRA Filmink Awards. [23] The movie saw a limited release in the United States that began on 11 April 2008, in 23 select locations in Southern California, New York and Hawaii. 20] The film was distributed in Australia by Hopscotch Films and internationally by boutique distributor, Berkela Films. [24] The film was released on DVD on 16 August 2007 with extras including the documentary, The Making of Bra Boys, extended surfing footage, coverage of the films premiere, history of Australian surf culture, a fitness program presented by one of the Bra Boys, and music videos. [25] References ^ a b c Marks, Kathy (19 March 2007). Sydneys notorious surf gang turns tide of violence into big-screen adulation. The Independent (United Kingdom). Retrieved 16 November 2008. ^ Carroll, Nick (9 March 2007). Bra Boys World Film Premier in Sydney, Australia Movie review. Surfing Magazine. Retrieved 6 February 2011. ^ Warhurst, Myf; Whalley, Jason; McDougall, Lindsay (7 May 2007). Myf, Jay and the Doctor: Interview with Koby Abberton (radio). Triple J (Australia). ^ a b Minion, Lynne (8 August 2009). Brothers in Arms. Canberra Times. Retrieved 6 February 2011. ^ Gilmore, Heath (15 July 2007). Bra Boys say its Ours and well fight for it. The Sydney Morning Herald. ^ a b Hellard, Peta (21 November 2008). Guilty Bra Boy Koby Abberton in Honolulu jail for three days. The Daily Telegraph (Australia). ^ McKenzie, Nick (24 September 2009). Cocaine gang had security clearance. The Sydney Morning Herald. Retrieved 6 February 2011. ^ Wallace, Natasha (6 May 2005). Surf gang member cleared of standover mans murder. The Sydney Morning Herald. Retrieved 6 February 2011. ^ Bra Boys: The often maligned surf brotherhoods new movie. Surfer Magazi ne. 22 July 2010. ^ Jones, Caroline (7 November 2005). Sons of beaches (transcript). Australian Story (Australia). Retrieved 6 February 2011. Jail for Bra Boy Jai Abberton, Pussycat Doll Melody Jail for Bra Boy Jai Abberton, Pussycat Doll Melody Thornton dines with Sonny and Koby Abberton. The Daily Telegraph (Australia). 12 November 2009. Retrieved 1 December 2011. ^ Kennedy, Les (24 December 2002). Night the thin blue line ran into the Maroubra stomp. The Sydney Morning Herald. Retrieved 6 February 2011. ^ Cuming, Angela; Munro, Catharine (7 August 2005). Rage over 7000 meters for beaches. The Sun-Herald (Australia). Retrieved 6 February 2011. ^ McIlveen, Luke (9 December 2005). A beast surfaces. The Daily Telegraph (Australia). Silkstone, Dan (14 December 2005). When two tribes go to war: a culture clash. The Age (Australia). Retrieved 6 February 2011. ^ Emergency powers to crack down on riots (transcript). The 7. 30 Report (Australia). 13 December 2005. Retrieved 6 February 2011 . ^ The Chaser vs. The Bra Boys Hilarious Gags (video). The Chaser. Australia. 11 April 2007. Retrieved 6 February 2011. ^ Casamento, Jo (6 February 2011). Bra Boys amused by Home and Away homage. The Sun-Herald (Australia). Retrieved 6 February 2011. ^ Howard, Jake. Kelly Slater wins his 10th world title. ESPN Action Sports (United States). Retrieved 6 November 2010. a b Bra Boys. Internet Movie Database. Amazon. com. 2007. Retrieved 2 February 2011. ^ Pomeranz, Margaret; Stratton, David (14 March 2007). Bra Boys. At the Movies (Australia). Retrieved 6 February 2011. ^ Bra Boys breaks box office record. ABC News (Australia). 27 March 2007. ^ ââ¬ËBra Boys:ââ¬â¢ Best Documentary at Movie EXTRA Awards. Transworld Skateboarding (United States). 17 March 2008. Retrieved 6 February 2011. ^ Bra Boys: Blood is Thicker than Water. Berkela Films. Retrieved 6 February 2011. ^ Idato, Michael (27 August 2007). Bra Boys DVD review. The Sydney Morning Herald. Retrieved 6 February 2011.
Subscribe to:
Posts (Atom)