Violent crime and Insurgency Essay Example | Topics and Well Written Essays - 500 words

Violent crime and Insurgency - Essay Example In contrast to that, a common criminal is one who looks for opportunistic target, lacks discipline and is selfish and can be discouraged comparatively easily. Generally, terrorists are well trained as compared to ordinary criminals. Due to the fact that terrorists are well trained, skilled and possess a specific goal in mind, the propensity of destruction and level of violence can be much higher than that which is created by criminals. Terrorists are so much determined to their cause that they don’t get afraid of putting even their own life in danger (Goldstein, 2007). Another important differentiation between criminals and terrorists is that when they are caught doing some illegal act, criminals usually escape from the criminal zone and take shelters in order to hide from police whereas terrorist usually call upon huge media propaganda and take credits of their acts. Another criteria which provides differentiation between terrorism and criminals violence is the frequency and span of attacks. Criminals usually operate within the span of their hide outs whereas terrorists operate within the boundary of an entire country. Many terrorists also operate internationally in geographic regions (White, 2006). Insurgency is often called as political effort or movement established for a specific aim. This sets it apart from terrorism where individuals establish goals and do every possible effort to achieve them. Another major difference between insurgency and terrorism is the intent of activities and operations. The ultimate objective of insurgency is to challenge the prevailing government through political concessions in order to share political power. Insurgency requires various kinds of supports including from external support, approval and recognition from other political parties etc. whereas a group of terrorist doesn’t require support from any side

Current trends in the market from risk management prospective Essay

Current trends in the market from risk management prospective - Essay Example The Most Important Trends in Global Financial Crisis That Have Affected Financial Markets, Institutions and the Economy from 2007 To 2009 Important lessons that can be learnt from the recent global economic crisis are purely based on risk prepared and management practices capable of averting any financial challenge. A general reluctance to handle risk with caution can be translated by all facts to have been the cause of economic downturns observed from 2007. According to Hubbard (p6)1 reluctance to employ the best risk assessment techniques prevents the management from realizing how potent and hazardous a risk would be. The author therefore attributes failure to mitigate risk to wrong technique for measuring the risk and its gravity. To illustrate this position, the author finds fault with the manner in which top risk management firms and federal agencies conducted their risk assessment resulting in wrong approach to mitigate the risks. A cascade of ill-informed interventions could o nly worsen the case for the economic crisis that hit the financial markets for the better part of 2008 through 2009 and whose impact is still being felt to date. It is clear that the most important trend in the modern economic world entails risk assessment, which must be done right at all cases to avoid miscalculations resulting into multiplier disasters. House ownership was at the centre of interest for the financial markets, having been established in the USA to such low risk levels that the major global financial players willingly ventured in it. As Fraser and Simkins (p272)2 observe, a high demand for housing attracted high prices and supply was fast catching up to share in the benefits. The Federal Reserve was allowing the lowest interest rates for the first time in the history of the market. The homeowner society of Japan which has been prone to stagnation for long is being affected by economic crisis resulting from globalization. In most of the developed countries where capit al market is deregulated by neo-liberal policies, their financial institutions are facing great effects from the global financial markets. For instance for these countries to maintain their market for their goods they have to maintain strong relations with the particular countries which provide market for their goods. This may lead to a financial crisis in that the developing countries may end up accruing debts which may affect the market. Global financial crisis through the economic turns of the overseas countries have damaged the export-based macroeconomics of Japan ACCORDING TO Forrest and Yip (p199). As the global financial crisis around the world has affected the economy and thus has brought about significant drops in stock markets. The downfall of the United States sub-marine mortgage market followed by the reversed housing boom of the industrialized countries economy has had a diverse effect around the globe. The sub-marine crisis resulted from financial assets such as securi ty assets which involved banks transferring their loans into purchasable assets. This results to banks off-loading loans which are risky onto other financial institutions. The crisis have also been on the increase because of the fact that banks are engaging in huge risks which in turn increase their exposure to financial problems. Collapsing banks suck funds from the economy in their