and started the Sokoto caliphate, which grew to become one of the largest states in west Africa. In 1486, portuguese, British, French, and Dutch ships started to come to Nigeria. They influenced the people of Nigeria to start selling slaves, in exchange for guns, metals, jewelry and liquor. Leadership was now based on wealth and economic power, rather than traditions and rituals. After 350 years of slavery, the british decided that slave trading was not good, and ordered it to stop in 1807.…
these were pretenders and neighbouring barbarian tribes. One of these was Argaeus, backed by Athens, who promised to recover Amphipolis. Philip dealt with this with careful diplomacy. He made a deal with Athens, offering to give them Amphipolis in exchange for Pydna. This resulted in Athens withdrawing their support of Argaeus and Philip dealt with him, defeating him battle and sending the Athenian men home, to stay on the good side of Athens. These acts helped Philip remove the immediate…
Abstract Investment and savings form an important part in individuals life. Today various investment opportunities are available to the investors for investment, the money invested by the individual also act as a driver for growth of the country. The Indian financial system has shown a tremendous growth over the year, it is growing at a rate of 8.5%, the growing financial market has increased the options available for investment. With so many options in hand an investor has to make difficult…
The Great Depression has been viewed as the most important economic event of the twentieth century; it caused catastrophic effects on the American economy and ruined the lives of many Americans. Not only did the multiple causes contribute to it being the worst economic decline in history, it’s length helped attribute the misery Americans endured. There are many factors that come into play with what caused the Great Depression and why it lasted so long. Among those that caused the Great…
Adviser (series 65). He has more than 25 years of investment experience in the global markets. Nowadays, he dedicates to the Investment Advisement through his RIA firm Puentes Mayorga Advisers (PMAdvisers). A company registered before de Securities and Exchange Commission (SEC) under the CRC#: 292085.…
The motivating factor behind this fraud was the business tactic of WorldCom's CEO, Bernie Ebbers. During1990s, Ebbers was only focused on achieving an extraordinary growth through acquisitions. By using the stock of WorldCom he was going to pay for the acquisitions. To achieve this buying extravaganza, the stock had to repeatedly increase in value. In 1998, WorldCom acquired MCI Communications, a company which was more than 2.5 times the profits of WorldCom. Ebbers' acquisition strategy mainly…
Adding the risk-free government securities would result in a lower beta for the new portfolio. The new portfolio beta will be a weighted average of the individual security betas in the portfolio; the presence of the risk-free securities would lower that weighted average. q. The comment is not correct. Although the respective standard deviations and expected returns for the two securities under consideration are equal, the covariances between each security and the original portfolio…
It is common to pontificate about matters of love and money, and how one comes to effect the other. At best, the true connection of love and money is undefined, and at worst, it is unknowable. In Shakespeare’s Merchant of Venice, love and money are core themes which dictate not only the relationships of characters but the motivations of characters as well. Love and money become so interlaced in this play, that the independent existence of one without the other becomes an impossibility. Through…
official to be found guilty for receiving royalties from illegal diamond mines that were exchanged for armored weapons and utilities. The conflict or “blood” diamond is a term referencing the illegal smuggling and trading of rocks that are used to fund rebel forces to wage crimes in underprivileged areas like Liberia and Sierra Leone. As a result of events in Liberia conflict diamonds have embedded a cycle…
The aim of this report is to examine the current and past strategies of Delta Cafés and identify potential markets for future international expansion. Additionally, it aims to further provide objective recommendations regarding an optimal improvement of Delta’s strategic prospects. By recognizing and analyzing possible development opportunities, the report endeavors to give clear suggestions concerning the most profitable entry modes suited for the new markets. In terms of methodology, the…