My Positive and Negative Traits Essay Example

My Positive and Negative Traits Essay To start with, one of my positive traits is being God-fearing. What I mean on this is that at all times I keep in mind that every action I do must be according to His will. Whether I do simple chores at home, or different works at school, I always make it to the point that I do all of these things with sincerity and honesty as God wants us to do. Another positive trait of mine is being family-oriented. Yes, I consider this as a positive one for I see my family as my source of motivation as I continue my path to be a successful person someday. Up to the present time, I am giving my all to finish my studies. I am now in my final year in college and hopefully sooner or later I’ll be able to get a decent job and yield my family the fruits of their hard work in providing me a better future. Then, I am a team player. One instance that can emphasize this is the time when we’re having our group project. We’re composed of different people, each with contrasting personalit ies compared to mine. What I did is I composed myself and focused on our goal, which is to finish the project. I also adapt myself and blend in to my group mates for us to have a good connection to one another. I am also a trustworthy friend. I’m the type of person that you can tell secrets to and never worry that I’ll share it to others. I have friends that I treat as my own, my best friends since high school. Until today the bond is still strong despite having our own schedules. We’re still connected, and whenever one of us has problems, the others are more than willing to lend a hand. Finally, having strong dedication and commitment to a specific goal is included in my positive traits. When I set my mind on something that I want to accomplish, I’ll do everything that I can in order to do so. For my negative traits, first thing is that sometimes I have a bad temper. This usually happens when I already had a bad day at school and then eventually I’ll be scolded We will write a custom essay sample on My Positive and Negative Traits specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on My Positive and Negative Traits specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on My Positive and Negative Traits specifically for you FOR ONLY $16.38 $13.9/page Hire Writer

Overview of the Medulla Oblongata

Overview of the Medulla Oblongata The medulla oblongata is a portion of the hindbrain that controls autonomic functions such as breathing, digestion, heart and blood vessel function, swallowing, and sneezing. Motor and sensory neurons from the midbrain and forebrain travel through the medulla. As a part of the brainstem, the medulla oblongata helps in the transferring of messages between various parts of the brain and the spinal cord. The medulla contains myelinated and unmyelinated nerve fibers. Myelinated nerves (white matter) are covered with a myelin sheath composed of lipids and proteins. This sheath insulates axons and promotes more efficient conduction of nerve impulses than unmyelinated nerve fibers (gray matter). A number of cranial nerve nuclei are located in the gray matter of the medulla oblongata. The upper region of the medulla forms the fourth cerebral ventricle. The fourth ventricle is a cavity filled with cerebrospinal fluid and is continuous with the cerebral aqueduct. The lower portion of the medulla narrows forming portions of the central canal of the spinal cord. Function The medulla oblongata is involved in several functions of the body including: Control of autonomic functionsRelay of nerve signals between the brain and spinal cordCoordination of body movementsRegulation of mood The medulla is the control center for cardiovascular and respiratory system activity. It regulates heart rate, blood pressure, and respiratory rate. The medulla also controls involuntary reflex actions such as swallowing, sneezing, and gag reflex. Another major function of the medulla is the control and coordination of voluntary movement. A number of cranial nerve nuclei are located in the medulla. Some of these nerves are important for speech, head and shoulder movement, and food digestion. The medulla also aids in the transfer of sensory information between the peripheral nervous system and the central nervous system. It relays sensory information to the thalamus and from there is sent to the cerebral cortex. Location Directionally, the medulla oblongata is inferior to the pons and anterior to the cerebellum. It is the lowest portion of the hindbrain and is continuous with the spinal cord. Features Some anatomical features of the medulla oblongata include: Median fissures - shallow groves located along the anterior and posterior portions of the medulla.Olive - paired oval structures on the medulla surface that contain nerve fibers which connect the medulla to the pons and cerebellum.Pyramid - two rounded masses located on opposite sides of the anterior median fissure. These nerve fibers connect the medulla to the spinal cord, pons, and cerebral cortex.Fasciculus gracilis - a continuation of the bundle of nerve fiber tracts that extend from the spinal cord to the medulla. Injury to the Medulla Injury to the medulla oblongata may result in a number of sensory-related problems. These include numbness, paralysis, difficulty swallowing, acid reflux, and lack of movement control. Because the medulla controls vital autonomic functions, such as breathing and heart rate, damage to this area of the brain can be fatal. Drugs and other chemical substances can impact the medullas ability to function. An opiate overdose can be deadly because these drugs inhibit medulla activity and the body becomes unable to perform vital functions. The chemicals in anesthesia work by acting on the medulla to decrease autonomic activity. This results in a lower breathing rate and heart rate, relaxation of muscles, and  loss of consciousness.​

1994 Rwandan Genocide Essay Example for Free

1994 Rwandan Genocide Essay ? The 1994 Rwandan Genocide impacted on a lot of people in a lot of different ways. In this essay the causes I will be covering are ethnic tension as a result of Belgium Colonisation, Propaganda and hate rhetoric, the role of the international community, and political problems. The consequences I will be covering are causalities, the economic effects, remembrance and education, and population displacement. In this small country in Africa called Rwanda this terrible killing took place. The Rwandan Genocide began on April 6th 1994 when the president was assassinated, followed by the prime minster the next day. It lasted 100 days, â€Å"100 days of slaughter† ending on the 18th of July 1994. The genocide included many groups. The perpetrators were – Hutu civilians, Hutu army, Interhamwe-the youth of Hutu organised into an extremist militia, and radio RTLM-a radio station announcing to kill all Tutsis. Victims included – Tutsi, Hutu political moderates for example prime minster AgatheUwilingiyimana. Other groups include – RPF (Rwandan Patriotic Front). President Juvenal Habyarimana who was in charge if the Hutu government, and the international community for example the UN (United Nations) Peacekeepers. During these 100 days of slaughter hundreds of thousands of Tutsi we killed. Women and girls we raped, and many tortured by having their breast chopped off and sharp objects inserted into their vaginas. Many people tried to hind in schools and churches but were found and executed. I have just written about the context and the course of the 1994 Rwandan Genocide. I am now going to write the causes of this horrific event starting with ethnic tension as a result of Belgium Colonisation. Ethnic tension as a result of Belgium Colonisation is arguably the biggest cause in the 1994 Rwandan Genocide. It is a political and social cause that happened over a long period of time. Starting in 1860 and coming right down to 1926. In 1860 the first Tutsi king was appointed. In 1884 German explorer Carl Peters enters the Rwandan kingdom and obtains treaty rights. In 1885 Germany declares a protectorate over present-day Rwanda. In 1890 Rwanda accepts German colonial rule with resistance. A German territorial administrator is not appointed until 1907. In 1916 WW1 Belgium Allied Forces capture German East Africa. In 1924 Great Britten assumes control over Tanzania, while Belgium is granted trusteeship over Rwanda and Burundi. Belgium Colonisation begins. In 1926 Rwandans were given an identity card showing if a person was Hutu, Tutsi or Twa. Prior to colonisation people could ‘jump’ races e. g. Hutu’s could become Tutsi’s. Callipers were the tools of colonisation. The size of the cranium and nose and the colour of the eyes were the factors that determined whether a person was a Hutu, Tutsi or Twa. The result of the unfair system was – Tutsi could have government positions, be landlords, be supervisors of Hutu, collect taxes, get an education (only Tutsi could go to school after the colonisation), be an administrator for the justice system. Hutu were denied higher education, land ownership and positions in government. The identity cards that everyone was given were very clear they had what ethnic group they were from, their place of birth, their date of birth, their profession, their place of residence, the name of their spouse, their C. I number, and their signature. A quote form chief prosecutor of the international Rwandan court sums up this cause well â€Å"European colonial history was a major contributor to what eventually became the genocide in Rwanda†. The second cause I am going to discuss is Propaganda and hate rhetoric. This is a social Cause; it is short term because it happened quite fast after the death of the president and prime minster. Kangura Newspaper was a newspaper about how discussing the Tutsis were, this was launched by first lady AgatheHabyarimana in 1990. Kangura means wake them up in English. In the newspaper they had racist comments such as â€Å"They look like animals, actually they are animals†, â€Å"If you allow snakes to live amongst you, you will be exterminated†, â€Å"They look hideous with their bushy hair and beards that are full of fleas†. RTLM (Radio Television des Milles Collines) or commonly known as â€Å"Hate Radio†, used good rock music to get people to listen to it then they used in to convey hateful messages such as â€Å"cut down the tall trees† this meant for all Hutu extremists to wipe out the Tutsis. RTLM often referred to Tutsi as cockroaches. In 1990 Kangura newspaper published the 10 commandments for the Hutus they were an extended version of 1, Every Hutu must know that the Tutsi woman is working for the Tutsi ethnic cause Hutu is a traitor who a) Acquires a Tutsi wife, b)Acquires a Tutsi concubine, c) Acquires a Tutsi sectary or protegee. 2, Every Hutu must know that our Hutu daughters are more worthy and more conscientious as a woman, as wives and as mothers. 3, Hutu women, be vigilant and make sure that your husbands, brothers and sons see reason. , All Hutus must know that all Tutsis are dishonest in business. We have learned this from experience from experience. Hutu is a traitor who a) forms a business alliance with a Tutsi, b) invests in own funds/public funds in a Tutsi enterprise, c) Borrows money from/loans money to a Tutsi, d) Grants favours to Tutsis. 5, Strategic positions such as politics, administration, economics the military and security must be restricted to Hutu. 6, A Hutu majority must prevail throughout the education system. 7. The Rwandan Army must be exclusively Hutu. No Solider may marry Tutsi women. 8, Hutu must stop taking pity on the Tutsi. 9, Hutu wherever they are must stand united, in solidarity, and concerned with the fate of their Hutu brothers. Hutu must constantly counter Tutsi propaganda. Hutu must stand firm and vigilant against their common enemy. The Tutsi. 10, The social Revolution of 1959, the Referendum of 1961 and the Hutu Ideology must be taught to Hutu of every age. Hutu must spread the word. Any Hutu who persecutes his brother Hutu for spreading the word and teaching this ideology is a traitor. A quote from Leon Mugesera sums up this cause â€Å"The fatal mistake we made in 1959 was to let them escape †¦ they are foreigners from Ethiopia so we will send them by the shortest route throwing them into the Nagbarongo river. We must act. Wipe them all out†. The third cause I am going to discuss is the role of the international community; it is a political cause that is a short term because it became an issue soon after the colonisation. During this cause the world just stood by and watched. Following WW11 and the Holocaust, The United Nations adopted a resolution on December 9, 1948, which stated â€Å"genocide, whether committed in time of peace or time of war, is a crime under international law which they undertake to prevent and to punish†. There were two opportunities to intervene that were missed. In October 1993 The United Nations Assistance Mission for Rwanda began with the deployment of 21 troops under the command of Brigadier – General Romeo Allaire of Canada. Additional troops continued o arrive until February 1994, when the mission was fully staffed with 25,000 personnel. Many soldiers arrived without weapons, food or water; vehicles and radios were sent out second hand from other missions and rarely in working condition. On 11th January 1994 Officers were stockpiling weapons and training civilian militias; the level of preparedness would enable the murder of 1000 Tutsis every 20 minutes. This saying will finish off this cause nicely, â€Å"clearly, the massacres in Rwanda constituted genocide, so why didn’t the world steep into stop it? In my fourth and final cause I’m going to discuss political problems (the role of the Hutu extremists in the Habyarimana government and the catalyst). This is a political cause which was short term. President Juvenal Habyarimana came to power through a military coup in 1973. He promised national unity. By 1994 many Rwandans were calling for democratic government. In January 1994 in spite of increased state oppression and the French-supported up-build of armed forces, 50,000 Rwandans marched in a pro-democracy demonstration in Kigali. The build-up to the Hutu’s wanting power is over quite a short period of time†¦ only 3 years! In October 1990 civil war started when the Rwandan Patriotic Front (RPF), a militia of Rwandan Tutsi excels and Hutu dissidents based in Uganda, invaded Rwanda. Thousands of Tutsis were arrested. In 1991 RPF military victories pressured President Habyarimana into drafting a new multi-party constitution. In 1992 UN led peace talks led between the RPF, The Rwanda government and 12 opposition parties to try and achieve a power-sharing agreement. In August 1993 Arusha Peace Accords were signed to neutral Tanzania. Hutu Power’ started broadcasting Tutsi hate messages in the media. In 1993 A Hutu Power Party no participating in the government established Radio/TV Libre de Millie Collines (RTLM) to get round the Arusha agreements explicit prohibition on government sponsored hate speech. I has been believed that the ‘final nail in coffin’ was the assignation of P resi dent Habyarimana. At 8. 30p. m on April 6, 1994, President Juvenal Habyarimana of Rwanda was returning from a summit in Tanzania where, under international pressure, he was negotiating with the opposition to reach a settlement. A surface-to-air missile shot the plane out of the sky. All on board were killed. I have just written about the causes of the 1994 Rwandan Genocide, I am now going to write about the consequences of the ‘100 days of slaughter’. Starting with causalities. The 1994 Rwandan Genocide left behind some major consequences but beyond all others the biggest is the casualties. This is a political, social and ideological cause and is most defiantly immediate timing because it happened during genocide obviously; so many people were left both physically and mentally scared. Over the course of 100 days from April 6 – July 16 1994 it is estimated 800,000 – 1 million Tutsi and some moderate Hutu were slaughtered. The UN estimated 800,000 but the Rwandan government has estimated 1,071,000. It’s very difficult to get exact numbers because these numbers do not include people who were thrown into river/lakes and those who were burnt. Mass graves held up to 50,000 making it even harder to count exact numbers. If the numbers of Tutsis living in Rwanda before and after the genocide are correct then 77% of the Tutsi population was wiped out. 8,640 per day; 360 per hour, 6 per minute. If this is correct this is the equation 6 people x 60 minutes x 24 hours x 100 days = 864,000 people! There is between 300,000 to 400,000 survivors. Almost 50,000 women were left without husbands. Almost 100,000 of the survivors were aged between 14 and 21. 75,000 of the survivors were orphaned. A 1999 study showed 80% of women surveyed showed signs of trauma. Many face health problems such as HIV/AIDS as a direct act of violence during the genocide. Some of the survivors are still threatened with violence, attacked or killed by former perpetrators. Almost all women and girls that survived were raped, many also tortured and mutilated by having their breasts cut off and sharp objects being inserted into their vaginas. Numbers of women and girls raped are somewhere between 250,000 and 500,000 exact numbers are not known. Children of rape during the genocide numbers are 2,000 to 5,000 children. Most children show trauma and signs of neglect. More than 67% of women raped were infected with HIV/AIDS. Men with HIV/AIDS used it as a weapon to leave their mark on Tutsi women and their families. To sum up the consequence what the presiding judge said after the verdict â€Å"From time immemorial, rape has been regarded as spoils of war. Now it will be considered a war crime. We want to send out a strong message that rape is no longer a trophy of war†. In the second consequence, I am going to discuss the economic effects. This is an economic consequence and it is immediate because the things that happened during left people with big struggles. The Rwandan government has struggled to rebuild the economy. In the year of the genocide, growth slumped by 50% and inflation reached 64%. Almost two thirds of the 8. million population live below the poverty line. Coffee is Rwandans major export. Rwanda exported 14,000 tonnes in 1986. The positives of the economic problems were the exiled business leaders returning home, since the genocide in 1994 business leaders have been returning home from Burundi, Congo, Uganda and Tanzania. Desire Kamanzi’s father sold his three houses in Burundi to return to Rwanda. This was no unusual. To sum up this consequence a quote from Leon Haguma, acting director of coffee marketing â€Å"All was abandoned, they were dead or had fled the country, there was nobody to work the plantations†. In the third consequence, I am going to discuss remembrance and education. This is a social consequence because most of Rwanda have contributed in some way. It is a long term consequence because it still goes on today and the world can’t see it stopping anytime soon. The focus of remembrance is to teach the history of the 1994 Rwandan Genocide and emphasise moral values. There are many memorial sites in Rwanda, which pays tribute to the hundreds of thousands killed. Marimba Technical School, where many victims were killed and still remain as a museum. Other ways of remembrance is art and photos taken in tribute such as people standing in a line with other people laying in front making human words saying END GENOCIDE NOW! There is also a national day of reflection in Rwanda on April 7th. To sum up this consequence a quote from Kofi Annan general of the UN in 1994, â€Å"If the pictures of tens of thousands of human bodies being gnawed on by dogs do not wake us out of our apathy, I do not know what will†. The fourth and final consequence I am going to write about population displacement. This is a political and social consequence because the government feel through and society took over. This is a short term consequence because lots of people started to come back into Rwanda once the genocide was over. The 1994 Rwandan Genocide resulted in massive exodus of refugees to bordering countries. Another one million people remained internally displaced in Rwanda itself. Millions of Hutu and displaced Tutsi had crowded refugee camps beyond the Rwandan boarders. International relief efforts were mobilised to care for refugees, but available supplies were inadequate and outbreaks of disease were widespread. More than 20,000 refugees died in cholera epidemic. During the genocide Tutsi and Hutu moderates fled. From April 1994 Tutsi and Hutu moderate refugees poured out of Rwanda and into neighbouring countries. After the genocide Tutsi refugees returned. In July 1994 when the seize fire was called Tutsis began to return to Rwanda, including refugees who had fled in the 1960’s. Hutu perpetrators fled the country. Genocide only ended when the RPF eventually defeated the Rwandan government’s armies and took control of the country. Retaliatory violence by Tutsis caused thousands of lives. By mid July, and estimated 2 million Hutu perpetrators and bystanders had fled. 850,000 refugees entered the area in just 4 days. During the influx, 15,000 refugees an hour crossed the Rwanda-Zaire boarder. The camps became like countries in exile for the Hutu extremists who used members of the Hutu army to maintain control of the refugee camps. Between July and November 1996 the refugee camps were shut down. One million exiles returned to Rwanda including tens of thousands of perpetrators who had been living side by side with Tutsi in the refugee camps. In November 1996 more than 600,000 Hutu refugees returned to Rwanda from Zaire. In December 500,000 returned from Tanzania. In summery†¦ Ironically, both Hutu perpetrators and Tutsi and Hutu moderate victims ended up in the same camps. In conclusion the causes I have just written about were the ethnic tension as a result of Belgium Colonisation, Propaganda and hate rhetoric, the role of the international community, political problems. The consequences I have just written about were the casualties, the economic effects, remembrance and education, and population displacement. All of these were major events that happened before, during and after the 1994 Rwanda Genocide there were also a number of other causes and consequences, causes are economic problems, and independence problems. The consequences were political effects, apologies from the international community, and justice, responsibility & reconciliation. A quote to sum up the 1994 Rwandan Genocide is, â€Å"The Rwandan Genocide is perhaps the most horrible and systematic human massacre we have had to witness since the extermination of the Jews by the Nazis†. 1994 Rwandan Genocide. (2016, Sep 13).

INTERNATIONAL BUSINESS Article Example | Topics and Well Written Essays - 750 words

INTERNATIONAL BUSINESS - Article Example The article was written by a professor who is part of the Center for Creative Leadership and co-author of books about leadership and cultural intelligence. I find the article very practical and informative since the writer is indeed right on her observation how international business is conducted nowadays. Moreover, she pointed out the necessity for learning cultural agility since there are many leaders appointed to manage overseas operations. However, even if a leader has an MBA and years of experience is not a guarantee that the person can successfully handle a very diverse environment. According to the writer â€Å"When leaders operate with culturally limited perspectives, the result is missed opportunities, poor performance, frail relationships and weak teams. In contrast, leaders who are culturally agile are able to respond to and perform well in varied and unfamiliar cultural contexts. They successfully engage a diversity of perspectives, learn new processes and All over the world, there are many global leaders who typically originated from the west. These CEOs or COOs are often assigned overseas to take care of global operations since the business has expanded. In fact, this situation is presently happening in China were American managers set-up their business operations carrying with them western orientation in running a business. For example, an executive from the U.S. may find himself entangled in complicated situations if he is assigned in China. A large number of American businessmen have undergone complicated situations in China since the government has a peculiar way of governing foreign businesses. Add to that is cultural differences in terms of language and how different Chinese business etiquettes are. Technology was cited in an article as an ally in â€Å"crafting strategies for future leaders† ( Brosseau, Nov 2, 2010) but I believe that leadership

What it means to be a professional in the military (army) Essay

What it means to be a professional in the military (army) - Essay Example It is practically impossible to uphold the acceptable standards in any professional without understanding the underlying principles. Professional militants keep themselves updated with changes in rules and regulations. Professionalism particularly in the military always calls for focus on work objectives. Doing anything outside the given instructions qualifies as unprofessionalism. Military professionalism is not all about war and fights. It is about restoring peace and harmony in the society by use of means that are humanely acceptable. This demands good ethical standards. Indeed, military professionalism and ethics are inseparable. For instance, it is unethical and therefore unprofessional for a military professional to torture an innocent civilian for pleasure or fun. Technical expertise is always essential for military professionalism but it is fruitless if not guided by the realms of good morals and ethical standards. Professionalism in the military means demonstrating sound judgment even in difficult and demanding situations. Prudence and careful thought makes a good military professional. This is because military professionals often face challenging situations that demand prompt decision-making. Quality of their decisions determines the discourse in a war. A bad decision by a military leader may mean death to many of his military men or a continuation of a fight. Arguably, most wars in history were escalated by bad decision making as opposed to technical expertise. Discipline plays a very important role in success of any professional career. Military professionals are given more rights, freedom, and power of authority as compared to ordinary citizens. They can be termed as â€Å"special citizens.† These rights and privileges are prone to abuse if discipline is not maintained. Professionalism in the military therefore means upholding the highest level of discipline to the authority, oneself and

Holiday and Comfort Zone Essay Example for Free

Holiday and Comfort Zone Essay The scorching hot sun was beating down on my bare pale skin, the warm light breeze gently brushed through my blonde hair and the cool, shimmery, turquoise water soothed my skin. The smell of coconuts and pina coladas whirled in from the snack bar and the fresh salty air made my whole body calm and relaxed. This is just how the vacation of my lifetime would start and It would soon be my favorite place in the world to visit. My vacation in Mexico brought many exciting adventures and new experiences that brought a positive insight in me as it made me break out of my comfort zone, made me want to travel the world more often, and also to get involved and make a difference in the world. As I glanced out the window on the bus ride to the resort, I couldn’t help but stare at the beautiful scenery that was surrounded all around me. I was ecstatic because I was looking at the most alluring scenery I have ever seen in my life and I knew at this moment I never wanted to go back home. In the whistling wind, the palm trees swayed side to side while brushing against each other and slightly hitting my window. I heard a screeching, loud noise from the brakes and then I finally realized we had arrived at our final destination. As I stepped off the bus, I could smell the salty, clean and fresh air right away and an empty but warm breeze blew against my face. â€Å"Taylor wait for us! We don’t want you to get lost! † My family yelled as I had already started running over to the lobby in excitement. When we got assigned our room we walked around the resort and that’s when it all had hit me. With my mouth wide open, all I could say was, â€Å"this place is absolutely breathtaking. † As we went around to the back, there were 4 fairly large pools on both sides of me, and chairs directly around each of the pools. In the blink of an eye I noticed the beach up ahead of me and I have never seen something more beautiful, serene and relaxing. The sinking feeling as my feet step into the fine, white sand as it started to burn the soles of my feet, I dragged myself over to the shoreline and stepped into the water while it soothed my feet. The beach was a scorching furnace, as I felt it slowly burn my body and my face and the sweat on me was a river running down my forehead. As the day ended, I lay myself in my bed and my thoughts were consumed by all of the stunning scenery that I had witnessed that day in this beautiful and enchanting location and I started to think about it more and more and it made me realize that when I’m older I want to travel the world and witness all the different locations and the beautiful scenery they have to offer and learn about different cultures. I woke up the next morning and jumped out of my bed as I was thrilled to start off the day with a bunch of fun and adventurous activities that I’ve never experienced before. â€Å"Taylor, would you like to swim with the dolphins today and go zip lining? † my mom said as my eyes were wide open and had the biggest smile on my face, I couldn’t help but scream â€Å"YES! †. As we got our stuff packed and soothed the sunscreen all over our body, we were set to go. The water was splashing against our legs and the warm breeze whistled through our hair and the smell of the salty clean air overhead as we walked over to the hut where I would soon experience one of my most memorable moments. As we got into the water, Melanie the dolphin came gliding across the water as we all lined up and pet her. The best part of this whole experience was getting a ride on the dolphin while I held onto her fins and she glided across the whole water.. Dolphins are definitely the most graceful and intelligent sea creatures and the way they interacted and understood us was absolutely outstanding. Also, it was really interesting and heartbreaking learning about the dolphins and how not many of them are surviving because they are being slaughtered and they are dying from toxic exposure. As a result, the dolphins made a huge impact on my life because once I heard what was happening to the dolphins it touched deep into my heart and made me want to make a difference in the world and stop the cruelness of people slaughtering and taking advantage of them. Afterwards, we went over to the zip lining and I couldn’t help but have that stomach drop feeling as we got there. I was standing at the very top and almost ready to go and my fear of heights was almost sickening me out but I knew I had to experience this. My feet lifted off of the platform and I felt pretty comfortable as I felt like I was a superhero for a couple of minutes. I was soaring over the stunning beach and the palm trees just below me and all I could say in my head was, â€Å"this view is just outstanding† and I wish I could stay in that moment forever. For the most part, today I took a leap of faith out of my comfort zone as there was a huge adrenaline rush in me as I was about to soar really high, but being able to experience this made me want to go out and try new things that I could eventually overcome my fear of because life begins just beyond your comfort zone. A day to remember, I will never forget these astonishing experiences that I spent with the lovely dolphins and zip lining over the most gorgeous view. The climate in Mexico made it the best part because without it I wouldn’t have enjoyed the memorable and adventurous activities that I will cherish forever. Since we were in Mexico in February it was sunny almost every day and when it did rain it would only rain for a short period of time during the day. Since it was hot and sunny most of the time, we got a much better experience with the friendly dolphins, zip lining over a tremendous view and other adventurous activities that we will never forget. Also, with this weather I got a golden brown tan from the beaming rays of the sun. However, some days the humidity was really high and it felt as humid as a steam room, as the moist heat stuck to my body. By the middle of the day temperatures can reach up to about 40 degrees, where the sun is just scorching on my body. Without the beautiful weather, my experiences and memorable moments wouldn’t be enjoyed as much and I got a nice golden brown tan. Also with this being said, the bright, warm and sunny summer days encouraged me to think about traveling to a numerous of warm climate places and also experience other vacations where the climate is different. Early in the morning, we exhaustingly started to pack our bags and head off to the airport and as soon as I got on the plane my mind was filled with reflections from my unforgettable vacation. My vacation in Mexico brought many exciting adventures and new experiences that brought a positive insight in me as it made me break out of my comfort zone, made me want to travel the world more often, and also to get involved and make a difference in the world. The lovely scenery made me want to stay in this gorgeous place forever, experiencing new activities in a different location made for a lot of memorable moments that I’ll remember forever, and without the comfortable climate I wouldn’t have enjoyed the trip as much as I did.

The Effect of Cliques on High School Students Essay -- Essays Papers

The Effect of Cliques on High School Students Most college freshman can still vividly remember their high school days. These days included ruling the school as seniors, or running from the seniors as lowly ninth graders. These days included having lunch with friends, and gossiping in the hallways between classes. Whatever was done, it was usually done with a friend or a group of friends. Most of these groups can be considered cliques. Cliques are groups where there is some kind of common factor among all members, whether everyone is a cheerleader, or everyone is in the chess club. These cliques have their own unique way of doing things: their own table to sit at during lunch, their own desks in a classroom, and their own parking places in the lot. Most cliques also have another group of people that they look down upon: the cheerleaders don’t like the chess club, and the band members don’t like the FFA (Future Farmers of America) guys. Each club has its own label as well: football jock, band geek, drama fairy (The Cliques, 1 Dec. 2001). These labels, as well as the constant name calling and degrading remarks about others not in the group, are to blame for constant fighting between cliques. The fact that some groups hate others so much has left a permanent affect on some high school students, scaring them and leaving them unable to function in society because of the way they were treated in sch ool, just because of what they did or didn’t like. Being a high school student isn’t easy. The classes can be rough, teachers have a reputation of being mean or nice or mean to some and nice to others, and all the while, there’s the question of a girlfriend or boyfriend, who’s having a party tonight, what should be worn, and so on and so on. Adding on the pressure of having to be involved in the right group, and it starts to become stressful. Because if a student isn’t in the right group; then there is nothing to live for. Of course, this is a little over exaggerated, but this is what high school students have to put up with. There is the constant peer pressure to fit in, to be part of the crowd, up until the point where it is almost impossible to be an individual. This is what cliques have done to high schools (Surviving School, 27 October, 2001). They have turned them into places where designer labels rule, and those that don’t fit in, whe... ...cliques re-think their total control of the school. The influence of a clique should be challenged every once in a while (Surviving School, 27 October, 2001). The world of cliques is a dangerous and confusing one. There are good groups of course, groups that help out around the community, or the school, or give some kind of entertainment to others. But for the most part, the average stuck up clique can be dangerous if they are crossed. High school students have enough to worry about, and the clique is just an added burden. Cliques are as much a part of high school as is the English department, but something should be done to make sure they don’t ruin the lives of the innocent who are just a little bit different than those that are part of the group. Works Cited Surviving School. 30 August, 2000. 27, October, 2001. http://www.surviveschool.com. chaotic_2. The Cliques. 18 July, 2000. 2 December, 2001. http://www.expage.com/page/loner3cliques. Marquette General Hospital's Women's & Children's Center. Cliques Power and Pain. Spring 1998. Marquette General Hospital. 26 October, 2001. http://www.mgh.org/wcc/teensite/adults/articles/cliques.html

Comparison between China and South Korea

Compare China to Taiwan, South Korea, or Russia (choose 1 or more) and discuss how a democratic transformation could occur, and what the most likely path to demagnification could be? (2000 words) Abstract This essay will compare China to South Korea and discuss how a democratic transformation could occur in South Korea. Also, I will discuss what would be the most likely path to demagnification of China. I am Intrigued by this topic since I am South Korean who currently live in Hong Kong, a part of China.To write this essay, I offered to online articles about China and South Korea. China and South Korea share East Aslant culture and Confucianism and thus have similarities but also have many differences. I will examine the demagnification history of South Korea and discuss whether demagnification of China would be possible and suggest possible ways of China being democratic. Readers of this essay will be informed and understand more about South Koreans political path and able to expect what may cause China to be democratic.Introduction China is a country with the biggest number of population of more than 1. 3 billion, which contributes one fifth of the global population. In terms of land area, China Is the second-largest country. China's place In the world Is getting bigger in a fast pace and It even threatens the power of U. S. If this fast economic growth of China goes on at this rate, It may even surpass U. S and become the largest economic power. Some argue that china already contributes to the growth of world economy more than the Currently, as the world leader, the U. S. As big responsibilities on the world and is very influential on other countries' matters. It intervenes with politics of other entries, sending military to solve conflicts in other countries and protecting and supporting their allies. For example, the U. S send military to Iraq in order to protect diplomatic facilities and personnel in Baghdad and there are about 37 thousands of the U. S so ldiers residing in South Korea in order to protect South Korea from possible attack by North Korea. Being world leader means ability to influence other countries' matters.But what if China becomes the world leader in future? There is a huge possibility of China becoming the world leader in future if we take into account the fact that China s the most populous country in the world. Will China be better leader than America? Will China more intervene in other countries' matters than the U. S. Do? Will the world become better or worse place if China take the leadership? My expectation is that if China becomes the world leader, China will intervene with other countries' affairs like the U. S. Do or more than what U. S. O. The outcome of Chinese intervention must be negative in my expectation, major because China is not democratic. ( I consider democracy as more advanced form of a government than authoritarian government. If we cannot stop China being more influential on the world affairs , will there be any way of China being democratic? Will China fare better with democracy? Method and materials I searched Google and Wisped with keywords such as China political system, China, South Korea, 4 19 revolution, Gangue movement, and June democratic uprising.Also, I used Korean Website called Never to find more about history of democracy establishment of Korea. Various articles regarding politics of China and South Korea are covered. Results and discussions Comparison between China and South Korea China had been a leader of East Asia which spread culture, philosophies and new innovations to Korea and Japan. Ancient Chinese considered themselves as the centre of the world and referred other countries around China as inferior tribes, referring them as barbarians.China called other countries and ethnic groups as (Eastern Barbarian), Barbarian), Barbarian) and (Northern Barbarian). Meanwhile, Chosen Dynasty of Korea, which existed Just before Japanese Occupation of South Korea , considered all other countries, except for China and Korea, as barbarians, especially disrespecting Japan. Ancient Koreans thought giggly of China as more developed country and had several cultural exchanges and trades. We can see that Chinese had strong prides about their country and Koreans showed special respect towards China.Although ancient china was one of the most developed countries in the world, Chinese economy had been stagnant after the Korea also adopted strong Confucianism, setting Confucianism as basic principles of governance, and regarded studying such as Science as somewhat unimportant compared to learning Confucianism value. Although China and Korea both thought highly of Confucianism, both of them were negatively impacted by it in fields of economy, politics and overall development. Both China and Korea have a history of Japanese invasion Just before the end of World War 2.Entire Korea was colonized by Japan between 1910 and 1945 and major cities in China were t aken over by the Japanese from 1937 to 1945. Both China and South Korea were impoverished and one of the poorest country in the world after World War 2, but achieved economic growth in the recent decades under authoritarian government, led by government, through industrialization and exports. South Korea is now almost developed country and China is currently the second largest economy of the world but still a developing country. South Korea produces and exports more technologically advanced goods than China.Now, China is rapidly developing but South Koreans development is slowed down. One of the major difference between South Korea and China is that South Korea is democratic while China is authoritarian government with civilian dictatorship. China is run by a single party, the Communist Party of China. South Korea has relatively free media and internet access. China is very different from South Korea when it comes to freeness of media and the internet. China blocks more than 2,700 w ebsites including Google, Backbone, and Youth and replaced them as their own version, used only among Chinese.China blocks these website in order for Chinese not to receive any external information that may make Chinese to go against the government. How democratic transformation could occur in South Korea The Republic of Korea was formally established on 15 August 1948, three years after Japanese government announced surrender to the Allies in World War 2. In constitution, it was written that South Korea is democratic republic but it was not in reality. There are three big movements which contributed to demagnification of South Korea, namely, April 19 Revolution, Gangue uprising, and June Democratic Uprising.April 19 Revolution happened against 1960 vice fraudulent presidential election manipulated by by-then president Rhea. Students and citizens protested against dictatorship of by-then president Rhea which resulted in resignation of Rhea. However, South Korea was soon under dictat orship again by Park Chunk-he who launched a coup d' ©tat and established military government. Gangue uprising or May 18th Democratic uprising is a movement in 1980, in which Gangue citizens took up weapons against government troops when the government June Democratic Uprising happened in June 1987.Large-scale protests by citizens resulted in elections being hold and occurrence of democratic reforms which caused establishment of present democracy of South Korea. Thus, this movement can be viewed as the most significant milestone for establishment of democracy in South Korea. South Koreans democracy was achieved by students' and citizens' demonstrations. The intensity of demonstration for democracy strengthened and number of people participating in movements increased as time passes during sass to sass South Koreans establishment of democracy was followed by economic growth.South Koreans democracy was achieved by students' and citizens' demonstrations. According to a reach done by Robert Barron, in general, increase in average income is followed by increase in level of democracy. South Korea is one of the cases. As average income rises, there are more voices for democracy. One possible explanation for this phenomenon is that as income rises, citizens do not worry much about making a living anymore and start to care about right which they had neglected. Democracy confers more right to citizens than authoritarian regimes.Democracy is desirable In my opinion, democracy is superior to autocracy is that democracy. In democracy, citizens are able to elect or fire their leaders in a regular basis, resulting in having a proper leader who can guide the nation to path of economic growth and good governance. Also, a government represent civilians and protects individual right with decentralized, local government bodies. Also, freedom is often associated with democracy. Democratic country grants citizens freedom of speech and expression, freedom of religion and free medi a and press.In non-democratic country, the media is usually not free, and any expression against the government may cause one to be imprisoned. In democracy, people's will can be expressed though elections and normal citizens can participate in politics. Democracy values cooperation and compromise regardless of gender, age, ethnic group, religion and all other different categories of groups. Democratic government tries to listen to voices of all communities, protecting rights to be different. Chinese government does not want democracy As China is getting more important in the global community, it is becoming more influential on other countries.One thing that I am worried about a situation in which China being leader of the world is that China is not democratic and it may influence there countries to follow a government form of China's authoritarian regime or impede other countries being democratic. If China becomes the world leader, some countries' government might take step back to worse form of governance. In 2005, Beijing released its first white paper on political democracy but stated that their democracy is a â€Å"Socialist democracy with Chinese characteristics†.The communist parties and thus they subdue any opposition movements. Also, China is comprised of majority of Han Chinese and 55 other ethnic minority groups. China includes areas like Tibet, Jinxing and Hong Kong, regions not integrated into Chinese culture. If Chinese government do not block websites such as Google, Youth and Backbone, it will be more difficult for them to govern these areas since Chinese in other regions may hear the news of protests for independence in these areas and there might be people in other areas who listen to their voices.Freedom of media is one of important characteristics of democracy. If China chooses to be democratic, media will be freer and it is disadvantageous to Chinese government. There will be higher possibility of Tibet and Jinxing to be independent and Chinese government obviously do not want that. It can be concluded that authoritarianism in China might be a necessary evil. China may be democratic in the long run When we consider the Communist Party firm grip on power, demagnification may not occur in near future.However, As I mentioned earlier, rise in average income result in increase of people wanting democracy. It can be expected that Chinese people will want democracy more as average income rises, as time passes. Also, as Chinese become more affluent, they will travel or study at developed countries which have democracy and learn benefits of democracy. They may want democracy back at home. 989 Chinese Democracy Movement 2011 and Chinese pro-democracy protests show that some Chinese already want democracy.In the long run, as time passes, Chinese government might be unable to maintain current authoritarian policies of government as there will be stronger demands for democracy from its citizens and there will be larger-sca le demonstrations for democracy. It may needs to continuously make more democratic political reforms such as giving citizens more freedom of speech, or loosening censorship on media and the internet, allowing Chinese citizens' access to websites such as Backbone, Google and Youth. Conclusion Democracy has been accompanied with capitalism and free market in many countries.

Hispanic Identity

Hispanic Identity Tammy Simpson University of Phoenix Hispanic Identity Names are very important and when discussing the differences between racial or cultural, it is very important to remain culturally sensitive. Explaining the differences between Hispanics, Latino, Chicano, and Mexican American may give you a better understand of why some people choice what they want to be called. Because people should be able to choose how he or she is called and names disempowered can have serious repercussions. Hispanic or Latino Americans are categorized as a group of people made up of distinct characteristics.Every group should be allowed to choose their own name as well. When individuals or groups are called names that we do not wish to be called they can become upset or even annoyed. Some want to be called Hispanic and others Latinos, so how do you vary or distinguish. Well Chicano is just too narrow, encompassing only members of the Mexican-American community or anyone else of Mexican herit age. The word â€Å"Chicano† was once considered derogatory when it first emerged, but later generations of Mexican-Americans have since considered it acceptable and embraced the term, at least unofficially.The Term Chicano was thought to have originated as slang that described immigrants from the Mexican revolution, but later evolved to define the uprising of Mexican American reformers. The Chicano Movement changed Mexican Americans’ lives in the United States’ economy. It was a movement that secured these people in the economy with civil rights and economic opportunity. They used tactics such as civil disobedience as an influential way to make it known that â€Å"change† was inevitable.Marches, hunger strikes, and litigation were methods that they used. Mexican Americans consist of the largest Hispanic group within the United States. Their history has covered over 400 years within America, varying in different regions. In such states as California, Texa s, New Mexico, Arizona, and Nevada, great portions of Mexican Americans subsist there. (â€Å"Mexican Americans,† 1997-2007) The word â€Å"Hispanic† is more worldwide then â€Å"Chicano†. Historically, areas that were conquered by the Spaniards were considered part of an area called Hispania.Countries that traced their history to Spain are considered to be Hispanic and include Mexico, Central America, and most of South America where Spanish is the prime language. Latino is extremely close in meaning to Hispanic, but is also includes other countries such as Brazil. Latino was popularized during the social movements of the 1960’s. While â€Å"Latino† may be politically and socially correct, it is still better to be ethnically aware of a person’s heritage then referring him or her to the broader term Latino.Descendants of pre Columbian populations from Latin America and most of those from parts of the United States who were part of the Spanish Colonial Empire are considered Latinos/as. However Native Americans, United States citizens who are of pre –Columbian derivation, but whose ancestors lived in areas outside what constitutes United States territory today are not considered Latinos/as. The children born in Latin American from Spaniards are considered Latinos/as, but Spaniards themselves are not (Latinos or Hispanics?A Debate About Indentity, 2003) Hispanic population today has expanded immensely over the years. The growth rate of the Hispanic community has grown faster than any other racial and ethnic group in the nation. The Hispanic community and culture has populated around the United States, and introducing new traditions and customs. Hispanics or Latinos are defined as people of Mexican, Puerto Rican, Cuban, and other Spanish speaking cultures and if you travel to different cities in the States we will see a wide spread of Hispanic communities.For instance in New York the Puerto Rican culture is dominated , and in Miami the Cuban culture is populating the area (Cattan, 1993). Hispanic groups are known in the social economic, politics, labor force, and religion. Spanish culture has an effect on a variety of areas such as music, food and language. Learning about others culture is always good, especially when visiting other countries. Our differences are what make us fascinating and such a diverse country. Hispanics in the United States have significantly contributed to much of our society’s culture and way of life for centuries.Ranging from politics, public service, military, business, science, organized sports to even the entertainment industry, you can find their imprint everywhere if you take a closer look. It is quite a wonder as to the many historians whom have not acknowledged Hispanics’ impact on history, as they are just as woven into America’s history as any other race or nationality. Many of our folklore and achievements are given credit to them. The Unit ed States is a major representative of all immigrants of the world into the symbolic â€Å"melting pot† that we are known for today. â€Å"Contributions of,† n. d. ) The Hispanic group adds to that diversity. A survey of the community conducted last year by the Per Hispanic Center of Washington found that nearly all people from Spanish speaking backgrounds identify themselves primarily by their place of national origin (Latinos or Hispanics? A Debate About Indentity, 2003). When the Mexican Americans came to America in search of the American dream they never thought the lack of education would stop them from advancing to a higher paying job. But in the labor field Mexicans are getting fair pay.There are both positive and negative views on parts of the economy pertaining to the Hispanic culture. The more we spend has a positive effect on the economy and the employer benefits from the cut cost on labor by employing Hispanics for lower pay. There is a downside to employin g workers for lower pay is the impact on government debt. Because workers are using government programs and schools but not paying taxes it depletes government spending. Marketing and consumer behavior is becoming increasing important in the Hispanic-American culture in the United States.Cuban Americans do not have rights in and liberty and flee to the United States not as immigrants but political refugees seeking freedom. Cuban Americans had the highest rate of business ownership among Hispanic groups, with approximately one ethnic-owned enterprise for every 16 Cuban Americans (MSN, Ecarta). Cubans are generally Roman Catholics; however, it has been greatly modified to â€Å"syncretism† by large amounts of support since Catholicism’s early introduction into Cuban’s history. (â€Å"Religion in,† n. d. Mexican Americans, Cubans, Puerto Ricans and El Salvadorians are just to name a few who are a part of the Hispanic group. But each and every one of these gr oups shares a part of their Hispanic culture with one another, but they also vary in distinguished ways. Although they share the Spanish language the dialect can be different and the words pronounced the same many have different meanings, which gives them the distinctiveness within their group. Hispanic Americans, on the basis of language have a rich cultural identity (Noble, J and LaCasa, J).Being able to speak the Spanish language gives you a competitive edge in the job market. Being bilingual is imperative to the Unites States economy. The Hispanic culture is becoming more involved in the politics. I believe many Hispanics follow the Republican Party more so than Democratic. Mexican Americans and Puerto Ricans prefer liberal nominees in national and state elections. Hispanic Americans cultural variety is imitated in the different groups as well as in the foundations of the individual cultures.Hispanic culture has been known to be swayed to different degrees by many customs, but t he Cuban Americans stay within the culture tradition and stern values. Hispanic families raise their children to realize the importance of values, ethics, and respect for their elders and authority. The church plays a significant role in the quality of life and the greater part of the Hispanic community is Roman Catholic. I feel that is one of the Hispanic’s group strong point is the balance of spiritually and how it important to the family way of life. Hispanics are becoming a large part of the economy in the America and its community.The Hispanic culture is as unique and special as any other, and should be treated with the correct hospitality as anyone else. From pop music to food to political campaigns and corporate marketing the Hispanic community has made very strong present in the United States. I think as the years goes by we see that the Spanish community will become the majority, instead of the minority. I’m really drawn to the Hispanic ethic group. I admire t heir traditions and how they are very family oriented. The overall Spanish culture has brought a lot of traditions and culture to add the American diversity.Although current terms such as â€Å"Latino† and â€Å"Hispanic† function both as forms of self identification and also to mark Latin American populations in the United States as recognizable civic bodies, these terms, in their current popular manifestations, not only â€Å"refer to different dimensions of collective social experience,†(Flores, 2000,p. 194) Hispanic is pragmatic, because no matter what one says Hispanics first and foremost applies to Spaniards and this can be used to refer to Latin Americans and Latinos/as only secondarily or derivatively.Not only does Hispanic imply derivatively Spanish, but in many places it is associated with negative qualities: for example laziness, lax morals, lower class, deficient education, and so on. (Garcia, 2000)References www. wisegeek. com/what-is-the-difference -between-latino-chicano-and-hispanic. htm http://webhost. bridgew. edu/lasociedadlatina/articles/latinos%20or%20hispanics. pdf http://www. encarta. msn. com/encyclopedia_761587500/mexican_americans. html http://www. opensecrets. org/pubs/cubareport/roots. asp

Forbidden Planet theme analisis essay essays

Forbidden Planet theme analisis essay essays Forbidden planet is a science fiction movie briefly based on Shakespeares The Tempest set in the early 23rd century, on the Fourth planet into the Altair star system on Altair 4. The movie was created in 1956 where the threat of cold war and alien invaders surfaced. Electronic music was beginning to become popular culture nearing to the 60s after Forbidden planet introduced it to the public. All of the themes in the movie play a big part, such as the theme of threat, how everyone thinks that the monster attacking them is an external threat; however it turns out to be an internal threat with Morbiuss desires of his id controlling the monster with the machine bringing it to life. Human weakness is displayed in the film how Morbius couldnt control his id when it killed all his crew and himself later in the film, it shows how unfit and unstable his mind is for that kind of technology. Technology is a big aspect of the film as that is how the monster of the id comes to life, from the big machine that serves who is in control and can create matter with a thought. Greed is displayed when the cook asks Robby to make him 60 gallons of Rocket bourbon, and doesnt let anyone know in case they will all want a share. The major theme that I have chosen is Internal threat and the minor themes are Greed, Morbiuss sub-conscious (id) and Super technology. The theme of Internal Threat is displayed throughout the movie mainly by Robby and Morbius, and how the posters made Robby look like the external threat and how the monster killing everyone is seen as another external threat, which is not the case with Dr Morbiuss mind tapping in to the big machine and creating a monster of his id unconsciously. Internal threat was an important theme to me because the movie is basically based around the theme, if this theme was not in the mo ...

In the eye of Law; a review of the European Single Market in Financial Essay

In the eye of Law; a review of the European Single Market in Financial Services - Essay Example Since the establishment of the European Union in 1957 – through the Treaty of Rome – the increase of the political, social and financial stability across the European Union has been related with the introduction of policies that are supported by all the member states – or at least from the most powerful ones; this is another aspect of the European Union. The achievement of benefits for all its members is based on policies decided by the Union’s representative bodies – like the European Commission and the Council of Europe; at the next level, the European Court of Justice1 has been established aiming to help to the resolution of conflicts that appear while applying the European Union regulations. One of the most important elements of the European Union is the Single Market which has the role of the platform on which financial activities are developed; the borders of the Single Market are defined by the borders of the member states – the fact t hat there are certain states that do not participate in the Euro-zone do not affect the field in which the activities of the Single Market are developed; Single market is a concept broader from the Euro-zone. All member states belong to the Single market zone but not also in the Euro-zone – the participation in which is depended on specific requirements. The single market has been extensively explored – in all its aspects; however, there are certain of its elements that should be more closely observed and analyzed – the Financial Services sector is such case. The legal history of the specific sector is set under examination in this paper. It is concluded that the development of this sector has been related with specific targets and requirements; the effectiveness of its rules could be higher – taking into consideration the importance of this sector for the further development of the European Union. The establishment of the European Union has been decided in the context of the need for increasing the

Credit Derivatives Essay Example | Topics and Well Written Essays - 1000 words

Credit Derivatives - Essay Example (Moorad Choudhry, 2004) Theoretically, credit derivatives make a new class of assets made to trade default risk on a range of maturity without a collateral constraint. However, the potential efficiency benefits of credit derivatives are being reduced by lack of liquidity globally, the repo market use in hedging and the lack of secondary markets. The pricing of these instruments is affected by factors such as the option to deliver the cheapest bond and liquidity. In addition, emanating from lack of arbitrage, the rate of repo and bond over libor spread can be utilizedd to price the default swap. (Romain G Ranciere, 2002) In relatively short time, the credit derivative markets have grown, becoming a key component of capital markets and embracing a wide range of participants. They form an important part of the corporate bond market used for hedging and speculative purposes. Credit derivatives are ‘over the counter’ (OTC) instruments and therefore, very flexible; they can be specifically made to suit individual needs and can be used for a wide range of applications. These OTC instruments have a number of advantages such as their ability to be tailor made to suit specific requirements, their ability to isolate the underlying loan or bond from certain aspects of credit risk and their ability to be used by the banks in business restructuring as they allow these banks to parcel out credit risk while retrieving assets on the balance sheet. The three most common credit derivative instruments are credit default swaps, total return swaps, and credit-linked notes. The credit derivatives market share in the corporate sector is estimated at 80 percent and is essentially made up of high yield fixed income market in developed economies. Ironically, the credit derivatives upon upcoming sovereign bonds form the remaining 20 percent. (Moorad choudhry, 2004) BRIEF HISTORY OF CREDIT DERIVATIVES. Although since 1975 credit instruments were operating, it is in the year 19 96 that credit derivative markets really started. This came from financial institutions’ held concern about credit risk exposure regarding them. At that moment, the credit derivatives markets started being viewed as a compliment to the loan securitization markets. Quickly, the credit derivatives’ markets developed solely and simply became an important place to hedge as well as take credit risks on sovereign and corporate debts alike. During the crisis in Asia, from july of 1997, the emerging credit markets made a break in forward surge. The markets were slowed down by the absence of standardized documentation until 1999, when the International Swap and Derivatives Association (SDA) credit derivatives definitions were published, though. In year 1998, during which year the Russian nation bond defaults started. Credit derivatives markets were again triggered although some legal documentation problems were highlighted. However, the 1999 ISDA definitions reduced the causes of legal disputes. It is during that period of time that the year 1999 Ecuador-quasi voluntary bond exchange was put under recognition as a credit event. It is also at some time later that the investment markets agreed that the 2000 Argentina debt swap did not constitute a credit event. The Argentina turmoil of 2001