Tuesday, February 18, 2020

Appreciation and Support of Others Essay Example | Topics and Well Written Essays - 500 words

Appreciation and Support of Others - Essay Example My initial feelings were that the children like to interact with visitors that they consider their races. I also thought that all the children professed to Christianity since that was a Christian-dominated area. It happened to be the wrong impression since the orphanage welcomed and appreciated any cultural practice. Social interactions normally bring people together to share their skills and ideas with others. For instance, sports enhances social interactions between individuals from distant places, who observe diverge religious and cultural values. It was my pleasure to take part in this charity event and I regard others as my brothers and sisters. This is because my friends are always there to support and help me whenever I face problems. My feelings changed because the children challenged the volunteers that they love and appreciate everybody. The Muslim child also attended Christian masses and understand the Bible teachings. I was impressed to interact and learn new things from the young children, who did not have any negative feelings against each other. This experience also taught me the significance of respecting other people’s opinions and values. Learning to accommodate different views is a way of showing respect and concern to other people in that environment. People should learn to love and show support to others without the perception of race, religion or social status. The founder of the orphanage home was an African-American, who did not discriminate against any child from other backgrounds.

Monday, February 3, 2020

Argentina FX assignment Essay Example | Topics and Well Written Essays - 500 words

Argentina FX assignment - Essay Example It is imperative to point out that the devaluation enhanced speedy growth of the Argentina’s GDP. This growth was the reason for the re-election of Kirchners. The strategy involved setting the prices of Argentinean exports based on the boom that occurred in the commodities’ prices. This was ramped up with the spending by the government. The devaluation resulted in the tumbling of the Argentina’s fiscal balance from 7.14 per dollar to 8.50 per dollar. Venezuela is reported to have weakened the bolivar through the partial devaluation of its currency. This was devalued to approximately 11.3 per dollar. This was inclusive of the remittances and tourism in comparison to the rate of 6.3 per dollar, which is the official rate of exchange. The tumbling of the fiscal balance from 7.14 per dollar to 8.50 per dollar prompted the Argentina’s central bank to resort to selling its reserves amounting to $100 million in order to control the slide. The devaluation is expected to result in a reduction in the â€Å"stockpile of dollar reserves† (Parks, Turner and Lyons 2). The decision by the Argentinean government to shift away from policies that were friendly to the market to populist attitudes that granted the government subsidies that were generous on sectors of the economy led to rise in the inflation that was insinuated to be among the highest across the globe. The devaluation was conducted without letting the international monetary fund to review the free-market policies. This also led to the collapse of the peso. The government implemented various unorthodox policies aimed at regulating the inflation rate. These included currency controls and price controls through the Argentina’s central bank. The inflation rate for Argentina is estimated to have risen approximately to 25% to 30% according to economists. This estimation is contrary to the government’s records that indicated that last year, the inflation