Why South China Sea is victim of disputes? The South China Sea is intentionally sited. It is sited in a way that it overlaps the main lanes of the sea between Asia, Middle East and the Europe. It becomes the main international way for sea trade and transportation, where most of the world’s largest traffic passes. As a global concern, the geopolitical and economic importance of the South China Sea lessens the secure navigation of tanks in water. The region plays a strategic maritime and military…
currently 8 different kinds of Euribor rates where they are selected to ensure that the diversity of the euro money market is varied accordingly and reliable. 1b) EURIBOR is based on average interest rates established by a panel of around 40 European banks (panel banks) that lend and borrow from each other. Some of these banks include HSBC France, Deutsche bank,…
agriculture and second in chemistry industry as a Synthesia shareholder. Preliminary profit before tax was calculated to 221,5 million Euros. The company works in 18 counties and 4 continents. (Agrofert.cz, 2016) Agricultural subsidies obtained from the European Union went through two agricultural funds and have helped Agrofert to reach the first place. However, company pays much more money to the state than it gains from it in the form of…
BRIC is an international organization and an economic alliance founded in 2001 and the word BRIC is actually an acronym that stands for its member states. These states are Brazil, Russia, India, and China. It was later on changed to BRICS when South Africa joined. The main purpose of this alliance or organization is economic. They are hoping to play an important role in the global economy. This is actually possible because as witnessed in the past couple of decades, the GDP of the members of…
Topic: What are the competitive advantages and the major challenges of the countries in European Region? Conventional wisdom has it that the European Region being one of the most integrated and developed regions in the world, which allocates all of its resources efficiently, has recently encountered several challenges which are, according to the reliable source such as the World Economic Forum (2015), fostering economic growth and innovation, youth unemployment and a worsening of the EU-Russia…
Self Profile Assignment Introduction: Although I often share my opinion about news thinking that it is an opinion I created, there are many factors that have helped to shape my perspective, and make it what it is today. My parents, a Canadian news source and travelling the world are all important factors that have had a profound impact on my perspective. Being self aware about how your views of the world have been affected by others is exceedingly important, and something everyone should be…
candidate to gain accession to the European Union (EU). Despite this, Turkey’s bid to enter the EU has been refuted in the face of numerous obstacles and events that have prevented its accession, both within the official written criteria of the European Commission, as well as the possibly more prevalent, informal “attitudes” carried by…
named Fernand Braundel. Fernand Braundel was a 20th century historian, who was recognized by the academic community for his greatness. Fernand Braundel theorized that European town were marked by unparalleled freedom. He offered the thesis about the development of European society into urban life. His thesis states that since the European state was so weak, these towns developed autonomous, self-governing bodies that considered themselves a community that was made up of most middle-class…
outside force – which is in this case the European Union. So now that the British Public have voted to leave the Union, where does the power sit? As of this moment, the UK has not invoked Article 50 – and is therefore still in the EU and, legally, in the same position that it was in before the referendum. And, most importantly in reference to UK Sovereignty, the 1972 European Communities Act, passed in the Commons, still applies. This…
intensity than ever before. There are many reasons why Islam became discussed on daily basis in western world, such as increasing number of Muslim immigrants in western European countries, or recent actions and terrorist attacks of radical group of Islamic State. Although immigrants were highly welcomed by governments of several western European countries in the past, nowadays, population`s opinion had significantly changed. For example, German people are now aware of the huge number of Muslim…