Causes behind the Arab Spring Essay Example | Topics and Well Written Essays - 500 words

Causes behind the Arab Spring - Essay Example In fact, nations like Iraq, Syria, and Iran were obstacles in the path of establishing a greater Israel which could control the whole Middle East. Thus, the best way to do so was to topple the ruling regime by working from within. In order to do so, it was necessary to create conflict between the various religious and ethnic groups by entering the nation in the name of protecting the minorities. A perfect example is Tunisia, which was once considered the best Economy in Africa. However, as Tunisian leader Ben Ali was in close contact with the West and NATO, it was easy for the West to manipulate the internal affairs. As Lalmi reports, soon, the corruption of Ben Ali was leaked through Wikileaks, and mass demonstrations hit the streets in no time. Soon, Ben Ali fled to Saudi Arabia. Very similar was the case of Egypt and Hosni Mubarak. Evidently, he was a man who was hated by most Arabs for his support of the West. Also, there were many more reasons ranging from his privatization of natural resources to foreign investors, supporting the attack on Iraq, and opposition to Hezbollah’s and Hamas’ armed fight against Israel. In order to promote uprisings, as Nixon reported in New York Times, various American groups including International Republican Institute, National Democratic Institute and Freedom House, and National Endowment for Democracy and Project on Middle East Democracy provided technical training in the use of social networking and mobile technology. In fact, the situation was very similar in Libya where Gaddafi was foolish enough to try to establish an African Union which would jeopardize the re-colonization plan and to develop a new currency to rival the American Dollar and the European Euro.

Risk management Assignment Example | Topics and Well Written Essays - 2250 words

Risk management - Assignment Example These are banks, insurance businesses, mutual funds, securities firms, investment banks and finance companies. A financial institution collects funds from private as well as public investors to use them in financial assets. Financial institutions play the role of mediators in share markets and debt security markets. Financial activities may include bonds, debentures, stocks, loans, risk diversification, insurance, hedging, retirement planning, investment, portfolio management, and many other related functions. Through these functions, funds get transferred to different tiers of economy for positively performing a business function (Babbel & Santomero 1997). When financial companies such as banks and insurance companies sell their products, they cover the risks which could be short-term or long-term risks. There are other companies called â€Å"Reinsurance companies† that sell policies to insurance companies to cover risk factors and save from big losses. Generally, reinsurance companies are big players and can write insurance risks directly. There is another type ‘captive insurance company’ that serves the limited aim of financing the risks of a parent company (Wikipedia 2010). Financial activities are risky business. From management perspective, some financial risks can be such that can be removed by following standard business practices, some risks can be shifted to other participant , and some financial risks must be managed proactively by the institution itself. Financial companies have their own financial risk management systems involving risk management techniques (Babbel & Santomero 1997). Generally, financial institutions, being the principal functionaries, use their own balance sheets to realise a transaction and mitigate the risks involved. Thus, most of the risks are for on-balance-sheet businesses. Financial institutions estimate