How to Adjust a Trail Balance Essay

A trial balance is created by companies at the end of an accounting period. It contains a list of all accounts within an accounting system that have balances. Companies separate the accounts into different categories, which include assets, liabilities, equities, revenues and expenses. The accounts are listed in order, beginning with assets, and each includes a balance that is either a debit or credit. Asset and expense accounts have debit balances, while the other types have credit balances. Adjusting entries are made to certain accounts to bring their balances up to date. After adjusting entries are made, the trial balance is updated to an adjusted trial balance. Instructions 1 Create a trial balance. Using the company’s general ledger, transfer all accounts and balances onto a 10-column worksheet. Each account name is listed first, followed by the balance in each. The first two columns of the worksheet are designated for the trial balance. The amounts are separated by debits and credits. Total each column verifying that the amounts are equal. 2 Determine what adjusting entries are needed. Adjusting entries typically are used for two different types of activities: accrual and deferrals. Accruals are entries used to record a revenue or expense that has occurred but has not been posted yet. Deferrals refer to entries that have been made previously, but the amount of the entry must be divided between two or more periods. 3 Adjust for accrual of expenses. Several common adjusting entries occur due to the accrual of expenses. According to Generally Accepted Accounting Principles (GAAP), all expenses and revenues are to be recorded in the period in which they occur. For example, you must record interest expense for interest accrued on a business loan during the current period. To do this, a debit is posted to Interest Expense and a credit to Interest Payable. Interest Payable is a liability account that represents interest that is accrued but is not paid yet. 4 Adjust for accrual of revenues. Entries must also be made to update the amount of revenue earned for a period. For example, you must record interest earned on a note during the period it was earned, even though it was not received. To do this, a credit is made to Interest Receivable and a debit to Interest Revenue. 5 Record adjustments for deferred expenses. A deferred expense entry is used when a company records a transaction in the past that must be updated now. For example, if an annual insurance policy was purchased and paid for, every month a portion of that prepaid insurance entry must be expensed out. The amount initially would be placed in an asset account called Prepaid Insurance. Every month after a month of insurance is used, an adjusting entry is made by debiting Insurance Expense and crediting Prepaid Insurance. 6 Record any deferred revenues. This entry occurs when money was received and posted to an Unearned Revenue account prior to it being earned. For example, if your company provides a service to another company and the company prepays for the service for a year, an entry is made. The amount was initially posted in a liability account called unearned revenue. At the end of each month, after a portion of the revenue is earned, an adjusting entry is made by debiting the Unearned Revenue account and crediting the Revenue account.

Architecture in Context: Urban Design of Kuala Lumpur City

ARCHITECTURE IN CONTEXTChapter 1: Introduction 002.jpg" alt="424469" /> Figure 1a: Urban design of Kuala Lumpur metropolis Urban design shows both the functional and aesthetic facets of the City’s built environment. Urban design ( Figure 1a ) , developed harmonizing to policy model and guidelines, creates a desirable life environment every bit good as giving a metropolis an appropriate image and individuality. Like most metropoliss in the underdeveloped universe, Kuala Lumpur has grown quickly and changed a batch from 1960s until now. Kuala Lumpur becomes one of the strongest Asiatic metropoliss in universe economic system during 21Thursdaycentury. The alterations are non merely in footings of edifice building and besides the ‘growing’ of the city’s skyline. Figure 1b: Location of Kampung Baru Some of high-rise edifices appear bit by bit in the metropolis and turn vertically from the skyline of metropolis. However, in Kampung Baru country ( Figure 1b ) , it creates a most contrast phenomenon which is high rise edifices and old houses appear together in the aureate trigon of the metropolis. High-rise edifice prototype of modern, high engineering and comfortable edifice while old houses conjure images of old, conservative and disintegrating houses. High rise edifice has its commercial value and makes a part to the economic system of our state however old houses contain its historical value and stand for the beginning characteristics of metropolis development. There are some contradiction and struggle against to do think of pulverizing the old houses in the metropolis to do manner for more future development. The aim of composing this essay is to measure and analyze the skyline of KL country and the urban developed schemes from the past until presents. Besides that, to look into and understand the cultural contexts, societal and faith which influence a batch to the people who lives in that country are besides parts of the aims. Identify the demands, perceptual experiences and values of specific cultural communities make a clear apprehension of the architecture issue. Chapter 2: History BACKGROUND Chapter 2.1: History background of the alterations of KL city’s development Figure 2.1: Natural characteristic of KL in 1960Figure 2.2: The development of KL in 80s Kuala Lumpur was established in 1857 and the KL’s skyline has changed over the old ages. In around 1960, Kuala Lumpur was a simply light-green piece of land ( Figure 2.1 ) with a few of edifices. Towards 80’s ( Figure 2.2 ) , it was the period when the Malayan economic system truly raised up upon. The city’s skyline started to alter quickly until the terminal of 90’s. Harmonizing to the information, this period was Malayan economic system grew more than 8 % per twelvemonth for more than a decennary. Figure 2.3: Significant development of KL in 1991Figure 2.4: Skyline of KL in presents The 1990 was a important decennary to the state due to the economic system down bend in the twelvemonth 1997. Not merely did Malaysia manage to prolong unbelievable growing, the other state did besides travel into the Great Financial Crisis. This fiscal crisis caused most of Malaysia’s important developments ( Figure 2.3 ) were made. There are many building undertakings that are being built include the building of the KL Tower and the Petronas Towers. The development of Kuala Lumpur was easy being expanded from the get downing twelvemonth of 2000. In a short period, the skyline of Kuala Lumpur ( Figure 2.4 ) has grown a batch in order to provide the demand of population presents. This resulted in the outgrowth of big capacity of high rise edifices in the metropolis. Not merely it brings an economic system consequence to our state, and besides received a batch of investing from foreign state. It boosts up a batch of concern and employment chance around the metropolis. Chapter 2.2: History background of Kampung Baru country Figure 2.5: Kampung Baru country at the bosom of metropolis Even so, there is a portion of traditional houses country turns up meanwhile at the bosom of metropolis ( Figure2.5 ) . The being of traditional houses which called Kampung Baru creates a strong contrast between modern architecture edifices and traditional houses. Kampung Baru has been established since 1899 by the British authorities under the name of â€Å"Malay Agricultural Settlement† ( M.A.S ) as a particular country reserved specifically for the Malays in Kuala Lumpur. It has 35,000 populations and an country mensurating 153.35 kilometer2. Figure 2.6: Traditional Malay houses of Kampung Baru The Kampung Baru is characterized by comparative tranquility and neat layout of traditional Malay houses ( Figure 2.6 ) , has comparatively been retarded in its development with hapless roads and sanitation even though the remainder of metropolitan of Kuala Lumpur is basking a roar in economic growing and prosperity. Up to the 1930s, Kampung Baru was strictly a residential small town colony with houses built of wood and supported by pile, with a little gallery, large life room ( normally with no more than three sleeping rooms ) surrounded by garden harvests ( such as chili, banana, tapioca ) and widespread raising of domestic fowl. In this urban small town merely north of the metropolis centre the houses are largely one or two floors. Kampung Baru was ab initio a residential colony in Kuala Lumpur for Malay lower income group. [ 1 ] In the 1970s, there was a little group of Kampung Baru people who earned RM1000 per month and occupied higher place in the public and private sectors. The state of affairs has really much changed in the 1990s in which the socio-economic position of the dwellers of Kampung Baru had increased. There was rather a important figure of Malay in-between category, such as enterprisers, professionals and executives, who lived in the colony. This can be proven through the building of new luxury residential houses such as cottages and modern flat beside the old traditional Malay hosieries. Thus it can be said that Kampung Baru is a topographic point where tradition and modernness meet. Kampung Baru located in the Centre of metropolis and the belongings valued at around Rm2000 per square pess. This favorable geographical location attracts a batch of investors and developers intend to develop it and do a better planning. Nevertheless, the devastation of the traditional Malay houses has created contention. Chapter 2.3:Research method of survey The nature of this survey makes it suited for me to use site visit, observation, appraising and secondary analysis as my research methodological analysiss. Site visit in survey involves detecting, look intoing, comparing and analyzing. Besides that, research worker makes a questionnaire study signifier for public to acquire cognize about their sentiment of Kampung Baru. It is indispensable for research worker to understand deeply of about the chance development of Kampung Baru. In order to make so, historical informations have been assembled by library and internet research. This research to be done is to turn out my study composing in line with strong grounds. Chapter 3: Analysis Chapter 3.1: Percepts of occupant to the renovation of Kampung Baru Figure 3.1: Malay-Muslim civilization Despite being disputed, Kampung Baru is the last fastness against tower block development in the Kuala Lumpur metropolis. The occupants, born and bred in Kampung Baru from coevals to coevals, are chiefly consisted of Malay. Most of them have no purpose of go forthing Kampung Baru. The nucleus ground is for the inveterate love for the community specifically refering on the distinguishable Malay-Muslim civilization ( Figure 3.1 ) and its colorful history. For illustration, some of the senior still recalled their functions in WWII and cherished childhood memories that wanted to prize. They will convey these histories to their kids and grandchildren. Other than that, there is another state of affairs caused Kampung Baru can’t be developed. If the original Kampung Baru landholders have died, his land rubrics will be shared by tonss of relations. Therefore, it can be more than 100 people portion the rights to some secret plans of land sometimes. This status becomes a strong resistance to the sort of renovation the authorities has in head. The authorities and the developers have been legion meetings and treatment with local landholders about the development programs of Kampung Baru for more than twenty old ages, nevertheless, none of which has proved feasible. With no execution and development, the physical constructions of Kampung Baru are haphazard and degraded. The unplanned betterment caused resident bit by bit eliminated from their original small town and were replaced by transient and homesteaders. In malice of the recession of Kampung Baru, there are still have many people understood exhaustively its possible commercial value and concern market. In this aureate country with environing high rise edifice, it wholly shows an iconic individuality and image of capital metropolis of Malaysia. Suppose that Kampung Baru transformed into a modern and advanced country, it will heighten the consistent of betterment of Kuala Lumpur towards as a developed metropolis. The modern design, construction and stuff of high rise edifices give an impact of the ocular to stand for an image of the metropolis. Chapter 3.2: Advantages and disadvantages one time Kampung Baru to be redeveloped Residents of Kampung Baru have to consider of the advantages and disadvantages one time Kampung Baru to be redeveloped. One of the important effects of the alterations to Kampung Baru is maximize the value of land. In term of merely being dual floor houses, it can be developed vertically. For case, high rise commercial edifices, office, five star hotel or flat. Not merely cut down the land usage, and besides fulfil the demands of big population in the metropolis. Besides that, concern market besides have a batch of possible among this commercial country. The people who live in this country have a high degree of ingestion and quality of life. They would pass a batch for epicurean disbursals. In add-on, while working the bigger commercial market, it besides increases the employment chance every bit good. It helps to work out the job of extra unemployment which happened in our state. Ample employee can heighten the productiveness expeditiously. Furthermore, owing to this country is tourist attractive force, so that it brings economic system consequence to the metropolis. Figure 3.2: Alone character of traditional houses On the contrary, continuing Kampung Baru has its unmeasurable bing value. It is difficult to conceive of that an country with such a rich heritage and alone character ( Figure 3.2 ) if razed to the land. Many of the traditional houses of Kampung Baru are dated back to the early 1900s. The peculiar and original features can’t be replaced by any unreal engineering presents. If Kampung Baru is turned into a concrete jungle, it will lose all its attractive force as a Centre for Malay heritage. Furthermore, the cultural component in Kampung Baru has influenced, straight or indirectly, among the community. They hold profound feelings toward their civilization and relationship with vicinity. Woman love to portion their delightful dishes with their neighbors while kids chum uping around the kampung. This sort of sentiment dramas as an of import function in the development of Kampung Baru. There is no uncertainty that the people of Kampung Baru want development, but at the same clip the individuality of Kampung Baru as a Malay community must be maintained. Chapter 3.3: Comparison with the Singapore urban planning Figure 3.3: Singapore urban planning By detecting and look intoing Singapore urban planning ( Figure 3.3 ) , they wholly did a good occupation in this little state. Singapore originally is merely a little and lag behind state. After the World War II, Centre of Singapore faced really terrible urban troubles which are overcrowding, lodging deficit and insanitary life conditions. It caused a batch of unemployment job, infective disease and societal offense. In 1958s, the authorities comes out with a construct program [ 2 ] that makes full usage of land by reapportioning the countries severally. In the beginning of urban development, it appears two distinguishable countries which are greenwaies and new town country. First measure is to construct more public lodging in new town country. The decentralised policy leads the population and industry in the metropolis Centre displacement to other topographic point. It creates a balance and mean distribution of population and solved the lacking of lodging jobs. In the cardinal country, a big sum of stores, office, shopping Centre and epicurean flat occurred. Thoroughly downtown metropolis revived bit by bit, Singapore becomes an international finance, commercial centre and touristry attractive force. It speeds up the economic system growing of Singapore. The authorities of Singapore plans their scheme, from construct, counsel, urban planning to commanding, measure by measure implements it. The attitude of listening to the demands of occupant is the cardinal rule to be succeeded. Chapter 4: Decision In decision, Kuala Lumpur as a developing metropolis was improved a batch along the times. Even though Kuala Lumpur is still missing behind in footings of skyline quality compared to bigger metropoliss like Hong Kong, New York, Shanghai or Chicago, but it provides an iconic for its multi-cultural architecture found in traditional and modern edifices in the metropolis. Located within the bosom of aggressive metropolis of Kuala Lumpur, Kampung Baru has struggled to maintain up with monolithic urban development while continuing its traditional heritage. The singularity of this country could non be replaced by any types of trading. The thought of destruction the traditional Malay houses should be taken off. Old structures uncover its historical border and do a contrast with high rise edifice to show the betterment every bit good as development of engineering presents. Attempt to hold a better urban planning and direction in Malaysia, authorities should do an in-depth survey on the scheme of urban planning in Singapore. Mentions Website hypertext transfer protocol: //vincentloy.wordpress.com/tag/city/ hypertext transfer protocol: //www.thestar.com.my/story.aspx/ ? file= % 2F2012 % 2F4 % 2F16 % 2Fcentral % 2F11111102 hypertext transfer protocol: //www.skyscrapercity.com/showthread.php? t=167496 hypertext transfer protocol: //www.dbkl.gov.my/pskl2020/english/urban_design_and_landscape/index.htm hypertext transfer protocol: //time2transcend.wordpress.com/tag/kampung-baru/ hypertext transfer protocol: //www.theedgemalaysia.com/commentary/167862-my-say-kampung-baru-redevelopment-lets-go-for-it.html hypertext transfer protocol: //tendtotravel.com/2012/03/kuala-lumpurs-skyline-1960s/ hypertext transfer protocol: //travel.cnn.com/explorations/escape/kampung-baru-131599 hypertext transfer protocol: //infopedia.nl.sg/articles/SIP_1564_2009-09-08.html hypertext transfer protocol: //lib.iium.edu.my/mom2/cm/content/view/view.jsp? key=mrB8mYjSDrUDQUS5Lamnms8K3SJ42lFB20100225154009406 E-journal hypertext transfer protocol: //e-journal.um.edu.my/filebank/published_article/3295/Vol % 209-4.pdf hypertext transfer protocol: //repo.uum.edu.my/3179/1/S15.pdf Books Dale, O. J. ( 1999 ) . Urban planning in Singapore: The transmutation of a metropolis. Shah Alam, Malaysia: Oxford University Press. Suleiman Mohamed and Lokman Mohd. Zen ( 2000 ) ,Sejarah Kampung Baru: Di Sini Awal Segalanya Bermula Handss, J. ( 1941 ) .The History Of The Malay Agricultural Settlement Kuala Lumpur,From January 1899 to October 1941, Kuala Lumpur. Video hypertext transfer protocol: //fatbidin.com/category/kampung-baru-alaf-baru-aka-new-age-new-village/ Bibliography Website hypertext transfer protocol: //tendtotravel.com/2012/03/kuala-lumpurs-skyline-1960s/ hypertext transfer protocol: //www.skyscrapercity.com/showthread.php? t=246455 hypertext transfer protocol: //en.wikipedia.org/wiki/Urban_planning_in_Singapore hypertext transfer protocol: //infopedia.nl.sg/articles/SIP_1564_2009-09-08.html hypertext transfer protocol: //timesofmylife.wordpress.com/2010/02/04/big-pore-and-small-pore-of-singapore/ Picture credits Figure 1.1: hypertext transfer protocol: //wpwide.com/petronas-twin-towers-kuala-lumpur-malaysia-city-wide-hd-wallpaper/ Figure 1.2: hypertext transfer protocol: //www.malaysiapropertynews.com/2010/08/redeveloping-kampung-baru.html Figure 2.1: hypertext transfer protocol: //tendtotravel.com/2012/03/kuala-lumpurs-skyline-1960s/ Figure 2.2: hypertext transfer protocol: //tendtotravel.com/2012/03/kuala-lumpurs-skyline-1960s/ Figure 2.3: hypertext transfer protocol: //tendtotravel.com/2012/03/kuala-lumpurs-skyline-1960s/ Figure 2.4: hypertext transfer protocol: //tendtotravel.com/2012/03/kuala-lumpurs-skyline-1960s/ Figure 2.5: hypertext transfer protocol: //time2transcend.wordpress.com/tag/kampung-baru/ Figure 2.6: hypertext transfer protocol: //www.ouche.org/DesignEcologies/659/ Figure 3.1: hypertext transfer protocol: //time2transcend.wordpress.com/tag/kampung-baru/ Figure 3.2: hypertext transfer protocol: //time2transcend.wordpress.com/tag/kampung-baru/ Figure 3.3: hypertext transfer protocol: //www.singaporetales.co.uk/2013/09/city-gallery.html 1

Employee selection and development Essay Example | Topics and Well Written Essays - 3000 words

Employee selection and development - Essay Example This assignment will cover three areas of interests to the human resource manager. The first section will look at the ways in which a recruitment drive can be improved to ensure that there is a large pool of applicants for a position. The second section will show how the selection process should work based on the skills shown by the applicant in interviews, tests and evaluations and finally, the third section of the assignment will cover the process of further developing the human resources for retention and improvement. In light of the warning given by Britain’s biggest companies, the above mentioned three functions of human resource management become even more important. Recruitment drive should be geared to find the best quality personnel which are available in the market. If that results in finding people who are less than the best possible quality then through the process of training and skills development, the personnel can be developed significantly (Cornelius, 2000). However, before we discuss training and development we have to take a look at the recruitment process in detail and see how it can be improved. Recruitment for any position within an organisation will depend on several factors which influence how people can and should be brought in. For example, the army does not advertise for the position of a general while a bank may require hiring a person to function as their CEO or president. The first step for recruitment therefore depends on the sector and business of the organisation. An example from catering services is provided by Osborne (2005) who says that employee referrals can work wonders for short staffed managers. In fact, employee referrals are only one way in which a company can carryout a recruitment drive. The culture of the industry and the values held by the organisation can point towards several different directions which can be taken by company for effective recruitment. Nottingham’s City

The Chevron USA Essay Example | Topics and Well Written Essays - 1000 words

The Chevron USA - Essay Example In this connection, the EPA framed regulations in 1981 enabling the nonattainment states to adopt a ‘bubble approach’ to comply with the prescribed standards of air quality. The bubble concept treats the entire plant with multiple sub-plants as one single bubble and permits variations in emission levels as long as the total emissions do not exceed the permissible levels. The moot point is what stationery source means. Whether each subunit is a stationary source or all of them in an industrial grouping? The National Resources Defense Council (NRDC) opposed the bubble concept in the Court of Appeals alleging that the bubble concept was unlawful. Although the Appeals Court agreed with the NRDC’s stand, the Supreme Court where in Chevron an affected party impleaded itself along with the EPA, held that since there was no particular reason adduced in the legislative history of the relevant provision of the Clean Air Act, EPA’s interpretation in a reasonable manne r cannot be found fault with by the judiciary. The Supreme Court held that the â€Å"bubble† theory was a matter of policy which should be rather addressed to legislators or administrators and not the judiciary. The decision is considered a land mark in the administrative law since it allows greater flexibility for the administrative agencies to interpret law which until the decision was the job of judiciary alone. Post Chevron, government agencies enjoy greater freedom in interpreting the law which the Congress has left any issue unexplained or ambiguous (Shultz). The Administrative Procedure Act (APA) 1946 is a federal law governing the manner in which the federal agencies frame regulations and it provides for judicial review of agency decisions. (BarnesGreenBook). Section 706 (2) (A) of the APA provides for the reviewing court to hold any decision as â€Å"arbitrary capricious, an abuse of discretion, or otherwise not in accordance with law†. (BarnesGreenBook) The C hevron case is not only a land mark decision in administrative law but also in the domain of ‘separation of powers’. The case which dealt with the issue of meaning of ‘stationary source’ has now become an oft-cited decision ever since. The bubble concept or plant-wide concept has resulted in calculation of plant emission as a whole instead of calculating the emission of pollutant from each pollution-emitting equipment. This enables industrial units having more than one source of pollutant emitting devices to sustain an increase coming from one device through a corresponding reduction in another device within the same industrial unit. It has been rendered possible due to the Apex court’s examining the bona-fides of an agency through a two-step test. First step is to check whether the legislative history speaks of Congressional deliberations on the precise question at issue. If the legislative intent is clear, the Court must give effect to the Congress ional intent which is unambiguously clear. If not, instead of arriving at its own conclusion, the Court should see whether the agency’s interpretation is ‘based on a permissible construction of the statute’. Thus in the instant case, Justice Stevens examined the statutory text of the Clean Air Act and its legislative history. He found there was no evidence to show that the Congress had

How did Roman authors choose to portray barbarians (particularly Gauls Essay

How did Roman authors choose to portray barbarians (particularly Gauls and Germans) How realistic can we expect these portraits - Essay Example The Romans enjoyed a culture based on fine arts and literature, superior technologies and advanced training techniques for their military campaigns. As the empire extended ever further, there was increasing contact with those â€Å"other† tribes and nations and the Roman historians recorded their impressions from this rather one-sided perspective of the conqueror. This paper examines the way that two Roman authors, Julius Caesar and Tacitus, portray the barbarians and examines the very different motivations of these two writers and the consequent limitations of their respective approaches. The early account of the Germans which is given by Julius Caesar (100-44BC) in Book VI of De Bello Gallico [Gallic War] is presented as a contrast to the way that he perceives the Gauls. It is interesting that this great Roman leader comments first on religious matters and war, pointing out that the Germans do not have druids and sacrifices, like the Gauls, but instead have their own gods wh om they can see and who help them in their warlike lifestyle.1 It is quite clear that Caesar accepts the different gods of these two barbarian peoples as actors in the battles that occur, and he accepts also their direct link with the sun, sky and natural world of groves and springs that go with these gods. There is no attempt to layer Roman ideas into these practices, but there is an implicit assumption that Roman ways are better. Caesar appears impressed by their dependence on animal products, rather than agriculture, and the way that leaders ensure loyalty by organising a rotation of lands and a focus on plundering neighboring tribes, since in his view this keeps them always ready for war.2 It is striking that Caesar notes also the generosity of the Germans in offering protection hospitality and food to those who visit them, because this reveals a fair-minded appreciation of German moral standards. He does not demonize his enemies, but seeks to portray them in a sympathetic light . One reason for this may be that his experience on campaigns and in the battlefields has taught him how difficult it is to maintain fitness and commitment in his fighting troops. Roman troops were motivated by monetary rewards and the promise of a happy retirement back in the warmer climes of their homeland, while the German warriors appear less materialistic and better trained for a life of fighting. For a general this must have seemed like a far better underpinning for the provision of fighting forces. When it comes to the Gauls, Julius Caesar reflects a common classical notion that those who are located furthest from the centre of the Empire in Rome are the most valiant and the greatest of the barbarians: â€Å"For Caesar this distance, combined with the Belgae’s close proximity and daily confrontations with the Germans, both offensively and defensively, had made them the bravest of the Gauls.†3 This traditional wisdom could not fail to have influenced his percepti on of the peoples that he encountered on his exploratory travels throughout the vast regions of Gaul. There is a strong possibility that he actually seeks out evidence to support these theories, and to stress that he values the barbarians more, the further away from Rome they are, thus at the same time extolling their powerful image but minimizing any possibility

Why did Hurricane Katrina effect women more then men Research Paper

Why did Hurricane Katrina effect women more then men - Research Paper Example She thought that it would only be best if she give away her baby in order for it to have improved chances of survival. It is still not known whether the mother and her child reunited or are still separated. From these stories, one thing beyond doubt is that the people who suffered mostly from the disaster are women and their children (Tarshis, 2011). Women in New Orleans formed 54% of the population. Women made up about 80% of the individuals left behind to take care of themselves after the storm. More than one in five women residing in New Orleans, and 15% of every family in New Orleans live below the poverty level compared to 14.5% countrywide. Single, mother-headed households form 56% of all families in New Orleans (Butterbaugh, 2005). Half of these families live below the poverty level. These classes of women were living on these limits even before the calamity struck. After the disaster, matters got much worse than they were before the disaster. In conclusion, women were the worst hit group by the hurricane. It would have been only fair to consider them more in the relief programs since they deserve to be

Import and Export Markets in the United Kingdom Essay - 1

Import and Export Markets in the United Kingdom - Essay Example This research will begin with the statement that the United Kingdom produces a vast amount of products for exports and imports a wide range of electronics, food, oil, and other consumer goods. The use of higher technology manufactured goods has caused a dramatic increase in both exports and imports. However, the recent financial crisis experienced around the world has led to a decline in imports and exports. In 2009, UK imports and exports totaled to $1,256 billion, which was equivalent to 4.3 of the world trade. The financial crisis has caused a rise in exchange rates of a sterling pound, which has caused an 8.6% decrease in exports and 9.1% decrease in imports (Great Britain, 2009). Over the past ten years, the UK has been a net oil exporter, but production has been decreasing consistently over the past years. The oil industry has recorded an average decrease of 5.3% per year in exports. This has converted the UK from an oil export to an oil import land. Oil production in the regio n is less than demand, which calls for supplements through increased imports. Imports of other energy sources such as coal, electricity, and gas have increased over the past five years. In 2010, the importation of liquefied natural gas increased to account for 35% of total gas imports, while gas exports have decreased slightly over the same period. Gas has also been increasingly used for electricity supply with the amount required increasing by 47%. Changes in the financial sector affect business sentiments and investment decisions, which are linked to global trade. Data service exports at the start of 2007 were about 30 billion pounds while imports were about 33 billion pounds. Mid 2008 recorded the peak imports and exports at 40 billion and 34 billion pounds respectively. The rate of imports and exports of data services decreased consistently since 2008 reaching a low of 32 billion in imports and 29 billion in exports in mid-2009. However, an increase was recorded towards the end of 2010 with imports and exports reaching 41 and 35 billion respectively.