July 21, 2010, the Dodd-Frank Wall Street Reform and Consumer Protection Act (the “Dodd-Frank Act”), a nearly 900-page behemoth of financial reform, was signed into law. The Dodd-Frank Act was meant to reform that the unsavory and opaque practices that led to the 2008 crisis – it does so by introducing a stricter financial regulatory regime in which Wall Street must operate. However, buried in the voluminous Dodd-Frank Act is an oft-overlooked provision that is completely unrelated to financial
Blood Diamonds Problem Diamonds mined illegally caused a lot of problems, it caused wars and killed millions of people all for people to make money. Blood diamonds were used by rebel movements to finance wars against the government. The rebel groups successfully overthrew the government in 1999 and continue to cause conflict. They traded diamonds to buy weapons to terrorize and kill the civilians and forced them to dig in the mud along riverbanks with their bare hands to mine the diamonds. Background
find that this war was primarily caused by the diamonds in the country. In efforts to preventing such a tremble in this or any other country again, many solutions to this issue have been brought up from around the world. A war named Blood Diamonds had hit in Sierra Leone, causing many tragic events to occur including the 50,000 people dead. In efforts for the war to be named Blood Diamonds, the war had been caused mainly by the easily extractable diamonds in Sierra Leone. Attacks of the Revolutionary
Behind the love story of a diamond engagement ring purchased at a jewelry store in a United States mall, might be a story of child labor, violence, and corruption. Approximately, 65% of the world’s diamonds (about $8.5 billion worth) come from Africa (Diamondfacts 1). As pinpointed in the map below, Sierra Leone, Liberia, the Ivory Coast, Angola, and the Democratic Republic of the Congo are the main countries where conflict diamonds have originated (Blood 1). Of those diamonds, it was estimated that
“The diamond was long marketed as a symbol of purity. However, this image was tarnished by the revelation that diamonds were being used to finance and perpetuate conflicts” (Goreux). A portion of the world’s diamonds come from areas where war and blood shed are an everyday occurrence. Conflict diamond mining is a horrific infringement on basic human rights that rebel groups commit on a normal basis and it needs to come to an end. Only a small amount of natural resources have captured the attention
Diamonds are supposed to be symbols of love, and commitment, and joyful new beginnings, but for many people in diamond rich countries, these sparkling stones are more a curse than a blessing. Too often, the world’s diamond mines produce not only diamonds, but also civil wars, violence, worker exploitation, environmental degradation, and unspeakable human suffering; these diamonds are commonly referred to as “conflict diamonds” or “blood diamonds”. The negative effects of diamond mining have been
What is Money Laundering? Money laundering is when funds from criminal activity are converted into “clean money” and cannot be traced back to the criminal activity. The goal is to conceal the criminal activity and the criminals involved. One of the main reasons people commit criminal acts is to make money off of it. Money laundering allows criminals to enjoy these illegal proceeds without law enforcement noticing. Money laundering can be used in drug trafficking, terrorism financing, or tax evasion
Winner of the 2010 Grand Prix for film at the Cannes Lions International Advertising Festival and a Primetime Emmy Award for Outstanding Commercial for the Portland ad agency Wieden+Kennedy. Old Spice’s “The Man Your Man Could Smell Like” ads advertising campaign took on a life of its own, spilling into social media and becoming the object of debates. Some media outlets, like CBS News, asked, “Is the Old Spice Guy ‘Post-Racial’ or Just Another ‘Mandingo’?” (Edwards, 2010). These surface readings
Arms trades will be made illegal and the only people to have access to those arms would be those who directly work in the military. The UN’s job is to preserve peace “through international cooperation and collective security”. However, currently the UN is not
Popeye’s is a fast food restaurant that was founded in Atlanta in 1992 as AFC Enterprise Inc. according to Louisiana P Kitchen, the company is a developer, operator and franchisor of quick service restaurant, which is under the trade name ‘Popeye’s’ Louisiana Kitchen and Popeye’s Chicken and Biscuits. Popeye’s is an international franchise and have about 2000 restaurants worldwide, however Popeye’s is chosen as my observation because of the ideality of its location. It is located in an urban area
choosing three poems, which will help me compare and contrast how each develop their themes of identity. The three I will be choosing are: 1. Digging Between my finger and my thumb the squat pen rests: snug as a gun. Under my window, a clean rasping sound when the spade sinks into gravely ground: My father, digging. I look down till his straining rump among the flowerbeds Bends low, comes up twenty years away Stooping in rhythm through potato drills where he was digging. The
Popeye’s is a fast food restaurant that was founded in Atlanta in 1992 as AFC Enterprise Inc. according to Louisiana P Kitchen, the company is a developer, operator and franchisor of quick service restaurant, which is under the trade name ‘Popeye’s’ Louisiana Kitchen and Popeye’s Chicken and Biscuits. Popeye’s is an international franchise and have about 2000 restaurants worldwide, however Popeye’s is chosen as my observation eatery because of the ideality of its location. It is located in an urban
Girls and women ran to the doors and to the elevator. The elevator operator saved as many as he could, but he had to stop running the elevator because the fire had spread too far to keep operating it safely. Sisters, mothers, and daughters were separated. For some, the last thing they saw of their family member was either them going down the elevator, or trapped in the building. The workers became truly desperate. Some threw themselves down the elevator shaft after the elevator stopped coming. Others
GLOBALIZATION AND THE QUESTION OF SERVITUDE IN ARAVIND ADIGA'S THE WHITE TIGER Abstract This paper examines the way in which Aravind Adiga's The White Tiger acts as a harsh critique of the notion of the “New India,” which is still plagued with a system of servitude and rampant political, economic, and social corruption. It also sheds light on the social, economic, and cultural impact of globalization on the poor of India, particularly in terms of its role in widening the gap between the upper