Monday, February 24, 2020

Is terrorism a threat to international order Essay

Is terrorism a threat to international order - Essay Example However, even after the most significant and iconic terrorist strikes known to us i.e. the 9/11 attacks, the world order and the existing international relations have not changed significantly. In fact, if anything, the international order and the relationships between various countries (particularly western allies) have been more strongly defined since the attacks. Again, this definition may not remain true in the long term since international order is not solely dependent upon one evil character being the terrorist and one heroic country saving the world. The image of a country being good or bad is nearly always dependant on the perception of the people and it is irresponsible of the media or the government to present a very biased viewpoint since perceptions can be difficult to change overnight. Coady (2005) says: â€Å"There are very bad policies and very bad political leaders, but realism dictates that we recognize the presence of evil wherever and whenever it occurs. It also dictates that we take cognizance of the fact that the monsters of today were our allies of yesterday and may be our allies of tomorrow, and that our own shining virtue often appears in a different light to others. (Coady, pg. 16, 2005)† Of course the countries and individuals who are labelled as being terrorists by others quite simply reject it and take themselves as freedom fighters, separatists, even revolutionaries. Similarly, the titles given to terrorists range from evil to inhuman and responsible members of the international community are asked to shun them and force the surrender of terrorist group members since they are a threat to international order (Baylis, 2002). Undoubtedly there are several issues surrounding the debate and the first is the justification for terrorism. Martin & Martin (2003) report that it was St. Augustine who first gave the two

Friday, February 7, 2020

Stock Price Movement of McGraw-Hill Publishing Inc Research Paper

Stock Price Movement of McGraw-Hill Publishing Inc - Research Paper Example As a further proof, consider the profit or loss faced by an investor who invests $1000 in the stocks of the company on October 14, 2008 and sells those very stocks exactly 52 weeks later on October 15, 2009. For simplicity, the opening prices of the stocks have been taken into account. Profit/Loss after Investment On October 14, 2008, opening stock price of McGraw-Hill Publishing = $28.06 Hence, with $1000, number of stocks that the investor purchased = (1000/28.06) ≈ 35.64 However, since number of stocks cannot be in fractions, so, 35 stocks are being considered. So, the purchasing price of 35 stocks = $982.10. Again, on October 15, 2009, opening stock price of McGraw-Hill Publishing = $29.25 Hence, the gross return to the investor after selling 35 stocks = $(29.25 x 35) = $1023.75. Hence, net profit to the investor after 52-weeks = $ (1023.75 – 982.10) = + $41.65. Conclusion Although there had been a net profit in the long-run, but the company had been subject to a number of short-run losses mainly because of inconsistency surrounding some overhanging legal issues. However, Standard & Poor’s which also is owned by MHP and accounts for 75 percent of the company finances, made a huge profit by mid-October, 2009, due to a large number of bond issuance, that led the parent organisation to generate much higher proceeds and consequently, its share price rose to an amount, 25 percent more than what it was on the same day the previous year (Reuters, October 11, 2009).