Media Mergers :: essays research papers

Merging Media Corporations are in recent days becoming ever more controversial for the fact they control a massive amount of information reaching the public. With the recent merging of ABC and Disney, concern has grown about whether the information from all the news programs and magazines might not be telling the whole story all of the time. Picture this: An ocean full of small fish, all competing at the same level. All of a sudden a larger fish swallows up a few of the smaller fish for lunch. And to the surprise and dismay of the first large fish, an even larger second fish swallows it whole. This process repeats itself again and again, in the shape of an upward spiral. Media corporations are now exactly like that ocean of fish. But instead of an ocean full of many competing fish, there are now only five powerful ones. With these five â€Å"big fish† of media corporations, the communication of truth may be thrown off balance.   Ã‚  Ã‚  Ã‚  Ã‚  Time Warner merges with Turner. Viacom merges with CBS. Disney merges with ABC. Merger mergers with Merger. Tongue-Twister? - Or a large fear from the public? Mergers have become rampant throughout the United States and all around the globe. Large media corporations are being gobbled up by even larger media corporations in a matter of months. With all this in light, conspiracy questions are rising to the surface, as to how much power and information these â€Å"mega-merged† companies hold. One more merger could mean massive control by only a few men over what is sent into American’s households. Now that networks are allowed to own their own programs, information flow could be corrupted beyond recognition. Should the people of the free world be wary of what these mergers have in store? I would have to answer that with a definite yes, (unless of course I was hired by one of the big five).   Ã‚  Ã‚  Ã‚  Ã‚  Scenario: A crude oil tanker crashes into a port off the coast of Africa. The oil spills into the water, killing millions of animals, land and sea alike. These sea animals are vital to the ecology of the world, but nothing can be done to save them now. If it just so happens that ABC reporters are the first and only ones to find out about this catastrophe, nobody will ever know it happened in the first place. If ABC willed it so, they could cover up the evidence as best they could.

The Effect of Rmb Internationalization

Effects on China Advantages : Enterprises in China Enterprises in China may benefit a lot from the internationalization of Renmibi. First of all, the cost of currency exchange can be saved and the risk of exchange rate of using of other currencies can be reduced, if Renminbi become a trade settlement. Also, RMB as an investment currency, if foreign assets increased demand of it ,China can reduce the interest rates of RMB assets, thereby reducing their financing costs, and further, companies can go overseas to issue RMB-denominated bonds, thereby expanding the scope of financing and address the problem of currency mismatch. Furthermore, Domestic firms can use the RMB to invest abroad, to achieve Chinese enterprises â€Å"going out† strategy, integrating into the global economy. People’s Republic of China China may have quite a lot of advantages from it too. First, it may enhance the international status of China through internationalization of Renminbi by increasing China's voice in the international community and the influence of China in international economy, as the internationalization of its currency may promote the expansion of China’s financial service sector. Also, China may collect ‘ seigniorage’from the rest of world, which ‘ seigniorage’ defined as the margin between the denomination of the notes and the cost of issuing the notes obtained by the note issuer, if RMB get commodity pricing, which can use it to buy the worldwide resources and avoid U. S. dollar liquidity constraints, that leads to expansion of seigniorage revenue. More, China has accumulated foreign exchange reserves to ease the pressure, reduce the risk of reserve assets shrink, reducing the dependence of other countries (mainly U. S. ). China's foreign exchange reserves, mostly are U. S. overnment bonds, which makes China and U. S. in a delicate state. After global financial crisis , the Chinese foreign exchange reserves shrink every moments, but China is not found in other better investment options, holding dollar debt is the best choice for China at this moment. Financial organizations The financial organization may also take advantages throug h RMB internationalization. First, the import and export trade companies for RMB provide clearing services and financing for foreign importers to provide support to the RMB business so as to expand the scope of commercial banks and to increase the profits of commercial banks. Furthermore, The existence of economies of scope to improve the competitiveness of financial institutions, and the increased use of offshore yuan to improve market liquidity, more importantly, the central bank can protect the lender of last resort to provide liquidity for financial institutions to protect, Chinese financial institutions to reduce foreign exchange liquidity risk, which together with the economies of scope to improve the overseas Chinese financial institutions to conduct renminbi business competitiveness. Also, RMB overseas demand also contributed to the innovation of financial instruments and the development of renminbi derivatives market. Last nut not the least, it may benefit from increasing the influence of China's financial markets, and promote international financial center , like Shanghai, as well as an offshore financial center, Hong Kong, the development of renminbi, the Chinese financial markets and further integrate into the international financial markets. Disadvantages PRC government The PRC government , however, still has to face some challenges in order to achieve RMB internationalization. First of all, as China’s capital markets are still too shallow, any significant changes in cross-border capital flows may easily lead to large fluctuations in China’s asset prices. Overseas demand challenges the RMB of China's monetary policy , while people who holds the RMB assets may cause the increase of cross-border capital flows and exchange rate fluctuations, and thus affects the stability of China's financial system. Also, if a currency is fully internationalized, which means that it can easily be obtained in international financial markets, the country with an internationalized currency will be very vulnerable to speculative attacks from international speculators. More, â€Å"hot money† will enter China causing economic crisis. As Hot money will lead to economic crisis in China's property market and the stock market, as investors consider more to invest their money in high-return business. Like Guangzhou Tang Hang Metal Materials Co. , Ltd. eferred payment for imported goods in China so as to profit from the appreciation of the renminbi. Experts said that China's foreign exchange regulations, the RMB settlement may make this form of arbitrage is more profitable, because the company can enjoy a more favorable foreign exchange rate. According to the monetary policy report from the central bank( page 16), China was trying to fix the problem of hot money. ‘ â€Å" † , 2010 ? 11 ,2011 ? 3 , ?2011 ’ From Second quarter of the monetary policy report from People’s bank of China Last but not the least, it is more difficult for China to control the inflation rate. China's battle to curb inflation even more difficult, because People Bank of China must print more RMB to buy dollars flowing into the country. China has more than 6% inflation. And Beijing want to precisely control the level to curb the appreciation of the yuan revaluation, but the internationalization of the RMB has given tremendous upward pressure. Brookings Institution China scholar Prasad (Eswar Prasad) said that the management and increase appreciation of the RMB yuan in international trade and financial transactions of the importance, both in the short term this is a contradiction. According to the monetary policy report from the central bank, (page 1 ), there is still pressure in controlling the amount of RMB. ‘ , , 5 ,M2 M1 4. 6 8. 5 6 , ,M2 M1 0. 8 0. 4 , †¦.. ’ From Second quarter of the monetary policy report from People’s bank of China

The National Liberation Front A Plan Of The Investigation

A: Plan of the Investigation In 1979 the Sandinista National Liberation Front (FSLN) took power in Nicaragua. The emancipation and equality of women was one of the party’s goals. The investigation will examine women’s societal position before the FSLN overthrew the Samoza dictatorship and to what extent their rule improved said position. In turn, that improvement will be examined through women’s involvement outside the home, primarily in conjunction with the FSLN, and to what extent that involvement facilitated the improvement of their own lives. Word Count: 116 B: Summary of Evidence †¢ 1961: the FSLN was founded by Carlos Fonseca, Tomà ¡s Borge, and Silvio Mayorga, inspired by the Cuban revolution and Nicaraguan hero Augusto Cà ©sar Sandino. †¢ Nicaraguan culture was steeped in traditional Latin American gender ideals: machismo for men, marianismo for women. Machismo demanded masculinity and sexual aggression from men; meanwhile, marianismo demanded women be the selfless and moral mother who took care of the children, but was subservient to her husband. †¢ 1977: Association of Nicaraguan Women Confronting the Nation’s Problems (AMPRONAC) was founded by Lea Guido and Gloria Carrà ­on. The association aimed to address women’s problems and increase political participation. †¢ Spring 1978: AMPRONAC officially became affiliated with the FLSN. †¢ 1979: Women were hugely involved in the FSLN, participating in demonstrations, strikes, undercover government and combatant workShow MoreRelatedTerrorism in the Philippines Essay1131 Words   |  5 Pageswith other groups like Moro Islamic Liberation Front. Since the induction of the classification of terrorists by the U.S. State Department in 2006, southern Philippines have been considered a terrorist safe haven. 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