The Deficit Spending On The Country s Economy - 803 Words

To really understand deficit spending think about it in simpler terms, like, the budgeting of your check book. If you have $100.00 but want to spend $200.00 you will need to make the decision: do you not make the purchase or do you borrow the money by maybe using credit? A consideration to remember is how borrowing that money will have an effect on your overall budget. Not only will you have the initial $100.00 difference to repay but also the interest that goes along with repaying that money. Deficit spending is when a nation s government needs to spend in excess of its overall revenue and instead of raising taxes it borrows the funds needed. This can lead to many advantages and disadvantages for the country s economy and is a concern that can lead to debates on whether deficit spending is the correct course of action for a nation s budget or raising taxes. Some of the advantages to deficit spending are that it will allow the economy to grow because it will be giving the government money to spend on the country s infrastructures. This will lead to an increase of job opportunities for those people who were unemployed. By these people now having an income to spend it will create a flow of money back into the nations economy and this can be extremely helpful especially when a country is in a recession. The government borrowing money will increase the investments that are made by the private sector and will increase businesses in the nations economy. Deficit spending canShow MoreRelatedNational Debt Is Not Always A Bad Thing1695 Words   |  7 Pagesissues Treasury bonds; these are IOUs of the federal government. In other words, the national debt is a stock of IOUs created by annual deficit flows. (Schiller 261) With the help of research and my economics class, I have learned that having national debt is not always a bad thing. For example, the financial crisis of 2008-2009 and the effects it had on the economy and people was horrible. However, I learned that i f it weren t for the increase in government borrowing by bailing out banks and financialRead MoreThe Federal Budget Deficit And National Debt870 Words   |  4 Pages The Federal Budget Deficit and National Debt Basically, what the federal budget deficit is a shortage of funds that are available for the government, where more money is being spent than what the government receives. But, national is where the government borrows money through various ways. The data for national debt and federal budget deficit from the year 2001-2013 is given in the chart above. As we can see in the graph, the deficit is still remains in our economy even though there had beenRead MoreDeficit Spending After World War II1459 Words   |  6 Pagesa few more examples heres one on the deficit for those economics classes Subject: the deficit good or bad Deficit Spending Spending financed not by current tax receipts, but by borrowing or drawing upon past tax reserves. , Is it a good idea? Why does the U.S. run a deficit? Since 1980 the deficit has grown enormously. Some say its a bad thing, and predict impending doom, others say it is a safe and stable necessity to maintain a healthy economy. When the U.S. government came into existenceRead MoreFederal Budget Deficit1343 Words   |  6 PagesExcessive Borrowing: Our Federal Government s Budget Deficit Maria comes home one day earlier than usual. Her family, two daughters of age five and eight and a stay-at-home husband, is surprised to see her so early and unexpectedly. The tired look on her face reveals the experience she had at work. She brings out a sluggish smile as her daughters rush up to greet her with their warm embraces, reminding her of the happiness they constantly provide but also saddened by their questionable futureRead MoreGreece Economic Crisis1636 Words   |  7 PagesGovernment Surplus or deficit since 2001 8 6. Long term interest rates 9 Introdution For years, Greece has been spending money it doesn t have. The government there took advantage of the economic good-times to borrow money and spend it on pay-rises for public workers and projects such as the 2004 Olympics. It began to run-up a bigger and bigger deficit (the gap between how much a country brings-in from tax, and what it spends). Athens olympics Greece enjoyed high public spending during the boomRead MoreThe Budget Deficit And The Houses Affordability1661 Words   |  7 Pagestheir economy, those are increasing budget deficit and houses affordability. In the long term, those two issue can deteriorates the economy. By increasing budget deficit, it affect to a decrease in living standard because the future generation need to pay more tax for paying the debt. The government need to overcome new fiscal policy in order to maintain these issue. This essay will argue that government’s policies is inefficient to overcome the houses affordability and increasing budget d eficit issuesRead MoreBudget Deficit1183 Words   |  5 PagesBudget Deficit For many decades, there has been a concern for the deficit within the United States. Many politicians, authors, newscasters, and citizens have expressed their distress in order to resolve or control the issue. Keynesian economic theory states that running a budget deficit is okay, as long as the deficit is not exorbitantly large and is not carried for a long period of time. Even though many experts agree with this notion, having a deficit at all is important to the present andRead MoreThe Fiscal Policy and its Impact on the GDP Essay1109 Words   |  5 PagesFiscal Policy Often when one thinks of the scope of business, running a country rarely enters into an individual’s mind. However; that is what the country is, a large business conglomerate for an entire country. Citizens entrust their government to maintain this feat. There are many intricate details in maintaining the nation’s financial and economic health. In the United States, the President and Congress govern the financial and economic health of the nation. The United States employs theRead MoreBalanced Budget Amendment1341 Words   |  6 Pagesdollars in debt based on our governments spending practices for the last ten years. Two wars, numerous fiscal collapses and cliffs, a bubble popped housing market, looming medical care costs from a socialized healthcare law and a recession have caused the government to acquire enormous amounts of debt. This debt with caused by what seems to be from irresponsible spending on both the Legislative and the Executive Branches have done no thing to lessen this deficit. One idea that has been discussed notRead MoreThe Federal Debt Of The United States Of America1543 Words   |  7 Pageswould be a national blessing. As decades and centuries past by the federal debt continued to grow which led economist’s believing that deficit spending is an important factor. Another contributor to this national debit is also the federal budget the President and congress go over every year, which includes an accelerated rate of discretionary and non-discretionary spending. An interesting fact to know about the national debt is that every person living in the U.S. will have to contribute roughly around

Divorce Is A Normative Event - 1108 Words

Marriage is the legally or formally recognized union of two people as partners in a personal relationship, usually a man and a woman. When we think of marriage we usually think of a man and a woman with children living happily ever after. Sometimes this is not the case in some marriages around the world. Usually there is some struggle and difficulties in marriages that could end in divorce. According to Weaver (2014), â€Å"In today’s world, divorce is a normative event, affecting approximately half of all marriages in the United States (U.S. Census Bureau, 2004.)† (p.39) This is quite a large number of divorces considering that there is millions of people that live in the United States. Divorce is not always the easiest solution when ending a†¦show more content†¦One theory that researchers conducted an experiment in which there was a sample of children with divorced parents and a controlled sample of children in married families. Researchers examined the diff erence between the two to see if there was anything different in both samples. The whole idea was to see if children in the different groups reacted or behaved differently whether their parents were together or apart. In the study, the researchers established that children with divorced parents did in fact have behavioral problems, inside and out. Researchers also found that even years after the divorce it is still affecting the children involved. This stressor is the effect that divorce has on the children of the married couple who is getting divorced. This effect is ultimately high in most cases, which makes sense. Divorce impacts a lot of people in this world, and while people are divorcing left and right, they don’t take the time to see how it affects their children. The way this stressor can affect families is that the children that are in the middle sometimes have no say in what is going to happen. The stress that divorce has on children reflects in their actions and th e way the act towards a certain parent. In some cases, children chose a side which results in the other parent feeling like a failure causing them to become stress about that. The behavioral problem that affects the children resultsShow MoreRelatedEffects of Non-Normative Life Events on Preschool and Middle Aged Children; Cognitive and Socioemotional1627 Words   |  7 PagesEffects of Non-Normative Life Events on Preschool and Middle Aged Children; Cognitive and Socioemotional. This paper is intended to answer the question of what the effects are of non -normative life events on preschoolers and middle childhood aged children; cognitively and socioemotionally. This is very dear to me as I have two young children as well as older step children that have dealt with medical conditions with their father and I, as well as divorce with my older step children. ManyRead MoreThe Favorite Daughter Of The Kennedy1327 Words   |  6 Pageslife and as a result had no intergenerational connections to any children or grandchildren. She was not alive long enough to show many examples of human development priorities such as optimal aging, coping with a loss of purpose after retirement, or divorce of a spouse. Given the density of her life and boldness of her character, however, she had plenty of family issues and experiences that caused her to quickly mature. Her story is an exceptional portrayal of the aging process of a strong willed youngRead MoreEssay on Kailum GormanWeek1Assignment976 Words   |  4 PagesFacebook and can communicate with people all over the world easily. While this is great for those who wish to keep in contact with friends, family, old classmates, etc. it has been shown that Facebook has been one of the leading causes of divorce in marriages. Divorce never has a good effect on the family dynamic. Also the children have bec ome subject to horrible things such as cyberbullying as well. Facebook has definitely revolutionized communication and can be fun and convenient when it is used properlyRead MoreDivorce And Divorce1479 Words   |  6 PagesDivorce/ separation is one issue that I saw preeminent in my extended family. My grandmother, uncles, aunts, cousins and even myself, we had encounter divorce/separation. My nuclear and extended family is full Mexican, our culture is you marry the love of your life and live happily ever after. Apparently, that did not happen to myself or other members of my extended family. I growth with some believes that end up changing my perspective of marriage 360degreess. The importance of Marriage HispanicsRead MoreFamily Structure And Structure Of The British Family1744 Words   |  7 Pagesbroadness of changes in individuals conduct and attitudes towards sexual ethical and living arrangements. With respects to divorce, Irwin (2000) indicates that UK has the most noteworthy divorce rate in the European Union. SIRC (2009) finds that the figures of divorce rose essentially between the mid 1950s and the mid 1980s. In 1995, 1/65 children were affected by divorce. The divorce rate has been entirely steady subsequent to the mid 1990s at around 14/1000 couples for each year (Irwin 2000). ResearchRead MoreThe Tat: the Thematic Apperception Test Essay1506 Words   |  7 Pagesinstruction cards and collects the normative, thematic, formal and stimulus value data for the test (à vila-Espada, 1996). The TAT test is usually given as one of a battery of tests because it should not be used as the only examination tool when evaluating an individual. Experts also highly recommend getting a personal and medical history before administering. It is important to have this information because medical conditions as well as life events, such as a divorce, can give the examiner some contextRead More A History Of Marriage And Divorce: Cohabitacion Can Result in a Positive Outcome1342 Words   |  6 PagesIn the past fourteen billion years, the world has evolved numerous times. From creatures’ extinctions to the rise of technology, the world is constantly on a path of changes. And, even though not all events have been pleasant experiences, humans have definitely had the chance to learn from those happenings: one example being, marriage and its effects on family development. Since the beginning of time, open relationships between people, one reason being for the purpose of reproducti on, have existedRead MoreThe Legal System Of The United Kingdom1568 Words   |  7 Pagesmarket-place† , portraying the average solicitor as a professional servant, who is more concerned with his own competitive and economic interests, rather than what is best for the client. Sarat and Felstiner’s observations involving the behaviour of divorce lawyers in America describes a pattern that consists of â€Å"an exchange in which the lawyer persuades a somewhat reluctant client to try to reach a negotiated settlement† . Research like this indicates that the adversarial model can differ significantlyRead MoreWhy The Father Wound Matter : Consequences For Male Mental Health Essay1291 Words   |  6 PagesFather-Son Relationship Survival of Critical Life Transitions†, by Ivory Achebe Toldson and Ivory Lee Toldson explains the relationship between a father and a son from adolescent into adulthood. Lee who was the father describes his struggles through a divorce and how he stayed connected to his son no matter what occurred. Lee’s son Achehbe is also featured in the article and expresses the rough childhood he went through without his father being directly in his life. Together these two articles show thatRead MoreJeremy Benthams Utilitarianism is a Convincing Method for Normatic Ethics891 Words   |  4 PagesUtilitarianism has been recognized as a convincing method regarding normative ethics, utilitarianism wasn’t fully expressed until the 19th century. Jeremy Bentham and John Stuart Mill, acknowledged the good with pleasure. Both of the philosophers believed we ought to make the most of the good, everyones happiness is the same no matter what type of happiness it is. When one fulfills their good, it doesn’t mean one’s individual good doesn’t count more when compared to someone else’s good. Jeremy

Numerical Problems Free Essays

Managerial Economics Numerical Problems DEMAND AND ELASTICITY OF DEMAND Problem 1 The following are demand and supply equations of a pen manufacturer. Qd = 5,00,000 – 50, 000 P Qs = -1,00,000 + 1,00,000 P Find 1. At what average price, level of demand is equal to zero. We will write a custom essay sample on Numerical Problems or any similar topic only for you Order Now 2. At what average price, level of supply is equal to zero. 3. Calculate the equilibrium price and quantity. Problem 2 Yashika Limited manufactures an automatic camera that currently sells at uS$90. Sales volume is about 2,000 cameras per month in a city. A close competitor, Minolta, has cut the price of a similar camera it makes from US$ 100 to US$80. Yashika’s economist has estimated the arc cross elasticity of demand between the two rival firms’ products at about 0. 4, given current incomes and price levels. What impact, if any, will the action by Minolta have on the total revenue generated by Yahika, if it leaves its current price unchanged? YASHIKA |MINOLTA | |P1y = 90 |P1m = 100 | |Q1y = 2,000 |P2m = 80 | |Q2y = to be determined |Cross elasticity of demand = 0. 4 | Problem 3 Bajaj Appliances Ltd. manufactures a line of microwave ovens costing US$500 each. Its sales have averaged about 6,000 units per month during 2001. In June 2002, Bajaj’s closest competitor LG had cut its oven’s price from US$600 to US$450. Bajaj noticed that its sales volume declined to 4,500 units per month after the price cut by its rival LG. 1. What is the arc cross price elasticity of demand between the two? 2. Would you say that these two firms are very close competitors? 3. If Bajaj knows that the arc price elasticity of demand for its ovens is –3. 0, what price it would have charged to sell same number of units it did before its rival LG resorted to a price cut? Problem 4 Demand for mobile phone handsets by a popular company in Bangalore city is estimated to be Qd = 2,50,000- 35P. If this relationship is approximately valid for next year also, 1. How many mobile phones would be demanded at a price of Rs. 2,000, 4,000, and 6,000 a set? 2. Compute the arc price elasticity between 2,000 and 4,000; 4,000 and 6,000. 3. Calculate point elasticity at 2,000, 4,000 and 6,000. 4. If last year 25,000 units were sold, what would have been the average price? 5. What is the highest theoretical price for the mobile handset in Bangalore for this seller? Problem 5 The demand function for wall clocks in a city has been estimated to be Q= 2000 +15Y-5. 5P Where Y is income in thousand rupees, Q is quantity in units, and P is unit price. When P=150, y =15, find 1. Price elasticity of demand 2. Income elasticity of demand Problem 6 Two goods have a cross elasticity of +1. 2 1. Would describe them as substitutes or compliments? Give examples for supporting the category that you chose. 2. If price of one of the two rises by 5%, ceteris paribus, what happens to the Qd of the other? Problem 7 The demand for lunches in an institute canteen was estimated to be Q= 16,415. 21-262. 743P, where Q= lunches served, P= price in rupees. 1. Compute the price elasticity of demand at a price of Rs. 40, Rs. 50 per lunch 2. What is the arc price elasticity of demand between the prices 40 and 50? Problem 8 Pepsodent sells a toothbrush for Rs. 25. Its sales have averaged 8,000 units per month over the last year. Recently, its close competitor, Colgate, reduced the price of its product from Rs. 35 to Rs. 30 per toothbrush. As a result, Pepsodent’s sales declined by 1,500 units per month. . What is their cross elasticity? What relationship it indicates? 2. If Pepsodent knows that it has a cross elasticity of –1. 5 with Colgate, how much it should now charge to restore previous sales after the price cut by Colgate? (Assume Colgate retains its price at Rs. 30 itself and does not retaliate). 3. What is the total monthly revenue of Pepsodent before and after the price change in (2 ) above? 4. Is the result in part (3) above necessarily desirable? What other factors would have to be taken into consideration? How to cite Numerical Problems, Papers

Apocalypse Essay Example For Students

Apocalypse Essay by: Luke HoaglandFOLLOWING IS AN IMPORTANT REVELATION BEING MADE TO THE GENERAL PUBLIC. THIS ISTHE ONLY TIME YOU WILL BE CONTACTED. Disclaimer: The following information contains predictions ofthe future. This has been written for people who want to knowwhat is on the horizon for humanity, and most importantly, WHATTHEY CAN DO ABOUT IT. Please understand that if you read thismaterial, you will be doing it by your own choice. If yourreaction causes you to want to report me to AOL for sendingunsolicited email, it could result in my account being closed. I dont ask that anyone believe what I say just because I sayit. I do ask that if you choose to read this material, pleasesuspend your judgment of it until enough time passes for itsvalidity to be proven or disproven. Please dont let yourpersonal beliefs cause you to want to deprive others ofreceiving this. Written October 20, 1996NOTE: This document is quite lengthy, so it might be best to either print itor copy it to your word processor so it may be read off-line. Dear Friend,The choice of whether or not to read this message all the waythrough may have important consequences for you as the eventsof our immediate future unfold. This is being done solely forthe benefit of others so that people may understand what to doabout the times now approaching humanity.What Im about toexplain will strike many people as ridiculous, because this kindof thing has been predicted over and over again and people arenot inclined to take things like this seriously. I am not youraverage tabloid psychic. In fact, Im not a psychic at all. Iam what could be called a modern day seer, but I prefer to bethought of as just a human being with an important message. I have studied prophecy and the techniques used to produce itfor many years now. Through a combination of my own findings,the prophecies of Nostradamus, the prophecies given by Jesusand the prophet Daniel, I have figured out the future ofhumanity. As stated above in the disclaimer, the readersbelief in what I say is not necessary at this point. This message has been written over and over again since Ifirst set out to do this. In previous versions, I have tried todescribe what will cause the rough times to come but everyoneis pretty much aware of the worlds problems and they dontreally need to have it all pointed out to them.Besides, itmakes the message unnecessarily long. I have therefore decidedto re-write this once again and limit myself to only listing theevents to come and explaining what everyone can do to savethemselves from destruction. What is about to happen in theworld will be unfair to all of us and people will need to knowthe way out.The end times are upon us now, and the time hascome for the way out to be explained more clearly. I feel thatthis is why I have been blessed with the ability to gain thisknowledge and I feel urgently pressed to share what I know withothers. First, I will list the events, complete with dates and biblicalreferences. The explicit detail given here will seem to bejust a bunch of nonsense I have pulled from out of the air. Alot of tedious study went into this though, and I have not beenthe only person involved in this study. I cannot give biblicalreferences for all of it because the bible simply does notexplain clearly enough, for it was not meant for thisinformation to become understood so clearly until close to thetime for it to happen. 1. Around New Years, 1997- Saddam Hussein will defiantlyforce President Clinton to make a move. Most likely, Saddamwill initiate another invasion and people will be slaughtered bythe hundreds, as was done in Kuwait. 2. At the end of January, President Clinton will launch amassive strike against Iraq, and Saddam will be killed. Thiswill anger the Russians because Iraq still owes them money fromthe cost of the war in 1990. As Russia is still having a hardtime financially since the collapse of the Soviet Union,Americas reaction to Saddam will be seen as inconsiderate ofRussias financial woes. France will join in the arguments,defending President Clintons decision with the attitude thatSaddams destruction was in the best interest of keeping peacein the world. Russia will still feel that its problems havenot been given enough consideration. By June, the egotismbetween America, France and Russia will become so intense thatthe discussion of it will be cut off and a silent hatred willsmolder for awhile. 3. In September 1997, even after a warning from the pope about theconsequences of another world war, Russia will suddenly invadeWestern Europe, starting WWIII. As a Russian naval fleet fromMurmansk positions itself along the French coast, Paris will bedemolished overnight by the Russian Air Force. American troopswill be sent to counter the invading Russian and Moslem forces,and battles will take place all over southern France. Afterfleeing from the invasion of Italy, the pope dies at Lyon onDecember 13th. 4. The war will last three years and seven months, ending inMarch 2001, immediately after the rapture. (Daniel 12:7)Fortunately for Americans, the fighting will be most heavilyconcentrated on the European continent as Russia attempts totake the whole place into its possession. (A vaguedescription of WWIII can be found in the last chapters ofDaniel.)5. Jesus said no one knows the exact date or hour of Hisreturn, but the approximate period can be determined. Therapture lasts forty-five days, taking place in February andMarch 2001, beginning 1,290 days after the start of the war andending 1,335 days after the start of the war. (Daniel12:11-12) It begins when the second pope after John Paul IIintroduces a messiah in February 2001 (Matthew 24:15)6. Jesus description of the rapture: (Matthew 24:15-28)Jesus description of extra-terrestrials targeting theaftermath of the false messiah scene: (Matthew 24:27-28)Jesus description of the collection of the false messiahsafter the rapture is compl eted and the stunned reaction of thepeople to the display of extra-terrestrial spacecraft in theskies: (Matthew 24:29-31)The remainder of this explanation should help the readerunderstand how to escape destruction. Some who read this willsuspect that I am only creating confusion so that people will bemisled. Some may even accuse me of being one of the falseprophets I speak about. Some will automatically cringe at thesight of the name Jesus and assume Im just a preaching holyroller. Others will laugh when they finish reading and assume Imust be crazy. Indeed, this story will get harder and harder tobelieve as I go. There will be at least a few people though,who will recognize that the description given by Jesus hasactually been clarified and the truth about the end will beunderstood clearly. I will leave it to the reader to make hisown conclusions. Death Penalty Essay ConNow this is where the story gets extremely unbelievable. Itwas meant to be this way though, because faith and understandingof Jesus teachings is what will cause these people to end up inthis situation. The sheer craziness of what happens next iswhat will make it okay for me to go ahead and reveal it. Nobodywill believe it anyway unless they can thoroughly understand thecause of the division of the people as described above. Here isbasically why the followers of the messiah will divide Thepeople of the world are already divided right now. The falsemessiahs purpose is to lovingly draw everybody together. Those who want to remain in a divided state will cause the crowdto divide. Those who are frightened away will be the ones whogenuinely want unity, although most of them wont understandthis at the time because it will all be so confusing. The painthey will go through from witnessing the riot and then beingleft behind even though they didnt do anything wrong willleave an irrevocable impression on them. The lesson it willteach them is the reason they will be rescued. As these weeping people stay close to their dead friends andloved ones, feeling completely helpless, and starving half todeath, with no way to provide for themselves, they will sit inthe darkness of the night and see something strange in the sky. Beautiful, majestic lights will speed toward them, and in aflash, there will be these gigantic machines hovering in the airover them. Glorious colored floods of light will radiate fromunderneath and everyone will begin to float up through the airand into the beautifully lit crafts. Then, instantly, they willall be gone and since these people will have been left for deadanyway, nobody will even notice that they are missing. They will be transported to another planet far away from here,where they will be the honored guests of everyone there,visitors to a Heavenly Kingdom, respected by everyone because ofwhat they had to go through. Meanwhile, back on Earth, thethousands of clones of the false messiah they have planted willbe busy causing the same process all over the planet for a totalperiod of forty-five days. Then, after every person in the world has had exposure to themessiah scene, the messiahs themselves will all be collected andthe remaining people of the Earth will be stunned by therealization of what has happened. People will cry out in painas everybody witnesses the beautiful displays ofextra-terrestrial spacecraft dancing through the skyeverywhere. The war will stop then, and the leaders of thecountries will realize what they have been doing as they havejust missed the rapture. The remaining people of the world willfeel a pain that will last a long while and there will be aperiod of sober peace but everyone will still be suffering dueto all the social damage. The leaders of the world willconsider how the extra-terrestrials have succeeded in not doingwhat the world has been engaged in since 1997. Then the idea of a single government for the whole world willoccur to them so that they can dispose of the nuclear weaponsand stop fighting with each other. But they will findthemselves in a dilemma over who should be the leader. TheRussians will elect a new president of Asian Buddhist descentwho has the same spiritual healing abilities as that of thefalse messiahs. Then when this choice is not accepted by theother leaders of the world, the conflict will start all overagain. The Russians will require those who agree with the ideato accept a mark of identification so that they may bedistinguished from everyone else. The citizens of Russia whorefuse the mark will be tortured and if they dont give in, theywill be killed. The U.S. government and the peoples of Asia will all recognizewhat has happened, and as the whole world tries to stop whatRussia is doing, the Russians will finally launch nuclearweapons. Then the rest of the world will begin firing back atRussia and the holocaust will burn like the fires of Hell. Those who die from refusing the mark will have saved theirsouls, for they will have died in righteousness as Jesus did. They will therefore live again, as Jesus did. After the war of the antichrist finally ends in 2026(according to Nostradamus,) those of us who were rescued willmake a new start here, after the destruction of the war iscleaned up for us. No one will ever want there to be a need forauthority figures, so no one will engage in crime. Those whotry to commit a crime will have their peers to answer to andeveryone will regard the harmony of the community as precious. There will be no monetary system and everyone will simply do thekind of work he or she enjoys (no taxes!) Everyone will simply go to theperson or organization who provides whatever he or she needs,and everyone will gain their sense of security from how wellthey do their work. Instead of depending on money for security,people will get their security from the strength of theirintegration in the community. The community itself will becalled The Father and the family these people will formtogether all over the globe will propel them into thetechnological age with such a force that they will soon expandthe boundaries of what man calls home. Humanity will becomepart of the intergalactic neighborhood that has been out thereall along, watching us quietly. Anyone who has done well enough to survive on their own untilthe messiah scene reaches his/her home town should avoid thechaos altogether by simply staying away from it as Jesusinstructed. These fortunate people should stay aware of thescene from a distance though, until after the rioting passes andthe messiah leads his followers away. Then they should join thecrying people left over. The dead bodies scattered about thearea is the sign the extra-terrestrials will be looking for. As the lightning in the east flashes to the west, so will thecoming of the Son of Man be. Where the carcass lies, there thevultures gather. Jesus (Matthew 24:27-28)Category: Religion

The Hobbit Argumentative Essay Example For Students

The Hobbit Argumentative Essay The HobbitBy J. R. R. TolkienThe story begins with a small fellow by the name of Bilbo Baggins The Hobbit he lives is in his house and doing what hobbits do during the day. The first few chapters tell you what a hobbit is and what a hobbit looks like and also what his home looks like. Hobbits are smaller then dwarves and eat much more then dwarves do, hobbits eat six meals a day. Bilbo is cleaning his house and preparing for a meal when an old friend of his comes past his doorway and starts to chat with Bilbo about all his adventures he has been on. After a while of talking in Bilbos hobbit home he tricks poor Mr. Baggins into join a journey with Thirteen dwarves to revive their lost city that was over ran by Smuag, a mysterious dragon that was used for delivering messages from dwarves and elves. To continue with the story after the talk with his friend, who is a wizard. Gandalf invites himself over again and ask to bring some friends, and Bilbo, a polite and well-mannered hobbit could not say no. The next morning the doorbell rings and Bilbo happily opens the door, but in his shock it is not Gandalf but it is a group of dwarves twelve dwarves in hoods. As he invites them in they all introduce themselves and at the end of their introduction the last words are at your service, their names are Balin, Dwalin, Kili, Fili, Dori, Nori, Ori, Oin, Gloin, Bifur, Bofur , and Bombur, and last but not least Thorin Okensheild these were the last of their kind. They were the cities last hope of bringing back the city. That night the dwarves stayed at Bilbos house with extra bedrooms. And the next morning they would start the real journey to their destiny. We will write a custom essay on The Hobbit Argumentative specifically for you for only $16.38 $13.9/page Order now That morning Bilbo got up late and was left with dishes from his company and was the only one to clean them up. After washing the dishes he sat down to have a smoke with his pipe and was disturbed again, but it was Gandalf telling him that they are staying at the town inn. As he rushed to meet them he made it theyre just in time and they started discussing the plan (for Bilbo was their burglar and his job was to find the entrance to the secret door on the mountain where Smuag lay asleep) after the plan was discussed they set out on their journey to revive the lost city. They all were to small to use horses so they used ponies, except for Gandalf who was human size. The first camp they made was near a river outside of town. When they woke up they all had a well breakfast, and got an early start on their journey and was pretty much a safe ride until it started to rain and they needed to look for a place to camp when Bilbo heard some feet and they sent him to invest- agate on what was the noise, and there he found trolls and tried to pick- pocket the troll, but as soon as he put his little hand in the pocket, the troll saw him and picked up Bilbo by his legs and dropped him wondering if he is tasty enough to eat. Just when bilbo was about to be eaten by a troll, the troll knew there was more of his type around in the forest so the trolls made a trap and they hid from them. When the dwarves got worried and angry when Bilbo didnt come back and he was not answering the calls of the dwarves they followed his hobbit footprints and saw the fire. They got too interested with the fire and didnt think about caution, they where easily captured by the trolls except Thorin Okensheild, he put up a fight and slashed the one trolls eye. But Bilbo wasnt captured he was just thrown into a bush and forgotten about. Gandalf was not captured, he left before the dwarves and Bilbo woke up. After capturing the dwarves they were thinking of ways to eat them and hurting them, but out of nowhere a voice came and said he disagreed with the trolls ideas and they started fighting one another and as the time passed they forgot about the sun rise (trolls turn to stone if they are touched by sun light and not under the ground) and that is what happened to them and allowed the dwarves to escape. But the night got worse and soontwo giants were throwing boulders at each other so the dwarves with Bilbo and Gandalf had to find shelter again ,so they hurried to the closest mountain which was currently occupied by goblins , who were at a war with the elves. As they took shelter in the cave they slowly dozed off to sleep the goblins attacked in their sleep and were captured and sent to the goblin king when the others were captured Gandalf shot a flare and killed seven of them and followed the goblins down the tunnels in pitch black darkness. When they got to the goblin king, Gandalf came out of the darkness and pulled out a great sword (made by the elves that glowed when goblins are near) and stuck the king right in the heart, and all the goblins scared, ran as far as possible and allowed the dwarves and company to get away. When the dwarves ran to get away they didnt know the way because of two reasons, one reason is because it was pitch dark and there were so many tunnels soon after running down different tunnels the goblins soon chased them and caught up to them, and knocked down Dori who was carrying Bilbo, who was knocked down when a goblin tripped him and Bilbo was thrown down a hole and could not meet up with the others because he hit his head on the way down and the others took off without him. In the dark, all alone and not knowing where he was, crawling around on his knees he put his hand on something small, circular and cold and he slipped it into his pocket. Soon after awhile of crawling he fell into water and went fully under the water when he slipped out of the water. When Bilbo was dried off, he noticed a pair of eyes coming to him and was scared so he pulled out his dagger and told the monster to stop where he was and not to move, the monster was curious who he was and what he is doing in his tunnel. The monsters name was Gollum who was alive for many years. He would catch lost goblins and ones that strayed away from the group. Bilbo was very scared of the monster because he did not know what kind of creature it was or if it was hungry for Bilbo, so he asked the monster if he wanted to play a game with him. The game was to ask each other riddles and if Bilbo stumped Gollum he would have to show him the way out, but if Bilbo lost, Gollum could do any thing he wanted to him. Bilbo won of course but it was long and hard. So Gollum the loser, was very mad and decided to kill him anyway and do it very quick. So he said he had to go back to his island and look for something that would help him find the way when it would turn Gollum invisible and be able to kill Bilbo, but he could not find it because he dropped it in the tunnels catching a lost goblin and killing him. Gollum was furious and Bilbo was getting impatient waiting for him. The last riddle of Bilbos was what was in his pocket, which was Gollums present, the ring, and when Gollum had discovered it he began rowing as fast as he can towards Bilbo, to get his ring back. Bilbo slipped on the ring and was invisible but tripped over a loose root and Gollum ran right past him and Bilbo got up and followed him to the secret exit and found out that Bilbo didnt know the way so he sat down and waited for bilbo to show up when he was right behind him the whole time. So Bilbo had to escape, he ran back some and he jumped higher than any hobbit had ever jumped and cleared Gollums head by an inch and ran through the door and past the goblins. After he ran past the goblins there was one more tunnel he had to go through and he could see the light from the door but it was guarded with many goblins. He slipped in between their legs and their feet and tried to get out the look out window but he got stuck and with one hard push he was out but he lost his buttons and his belt ripped. The goblins where puzzled how the buttons had shown up and soon looked out the look out window and saw Bilbos shadow and so they chased him until he hid in the shadows of the trees. He ran for a good bit until he saw Bifur on look- out duty. When Bilbo was past him he took off his ring and they were all amazed how he had gotten out of the tunnels alive and he told the story (without including the ring) and they were all amazed and admired h im. After they woke up, they started on their way and Gandalf was leading them to an old friend of his. When they got to his land he told them that he was a skin changer and lived in a place with a lot of animals and rare plants. Gandalf told them to come two by two every five minutes or so and Bilbo was to come with Gandalf. When they found him he invited them and they told the story of what has happened so far and slowly the dwarves started to come in his house. After supper they all went to bed in a comfortable bed and dreamthorrible dreams about the goblins getting them in their sleep and all of them woke up in sweat. When Beorn came home from a walk he went to see if their story was true, it was so he lent them ponies and supplies and sent them on the way to Mirkwood , where he told them of the dangers and to stay on the path. When they got to the entrance of Mirkwood they had to send their ponies back and Gandalf did not follow them through Mirkwood he went back with the ponie s to Beorn. They camped that night at the entrance and when they woke up they would go in and follow the path and they did just that until they got to the first thing Beorn warned them about, the Black River, that if you drank from, touched or fell in you would forget all that you remembered or knew. They saw a boat up stream and threw a rope and got it as they brought it over they crossed the river two by two with Bombur going last because he was the fattest and when he was about to get up on the land a deer jumped out from a bush and kicked him into the river and as the dwarves shot at it, it was to late, the deer had already been far away and they had wasted arrows on it and Bombur was saved and brought up on land and was in a deep sleep and so they carried him from there until he would wake. Their rations where low and they where very hungry and tired when Bombur woke up from the long sleep and was hungry and they wished he would shut up and stop talking about the feast he had i n his dreams with the elf king. That night they took camp and Bilbo was to take guard, so he did. But slowly drifted to sleep and when he woke up he was alone and was trapped by a spiders web it was around his feet and he pulled out his knife and slashed the spider across his eyes and escaped to look for his friends when all the sudden he could hear spiders talking about the dwarves and how they where easy to capture except for one, and it was Thorin, who had killed a spider, but when he took count he saw that one was missing so he slipped on his ring and tricked the spiders by teasing them and calling them names. And so they chased after the voice and he left them in the woods and cut the dwarves down as easy as possible and let them free from the webs. After they got up Bilbo had told them about the ring and they didnt think less of him, they thought more of him, that he was a better burglar with it and after the story the dwarves where captured by elves, but Bilbo still had the r ing on so he didnt get caught and he could see where they where taking the dwarves. When the dwarves were sent to prison by the elf king they were fed. Bilbo was exploring the palace and he found out that Thorin had been captured as well. He had fully explored the palace and had memorized the passageways. When he heard of a great party coming up he thought of ways to get the dwarves out. He heard about a back door where empty barrels were dropped and it was a perfect chance so he got ready and made sure nothing would go wrong. When the party came, the elves who carried the keys had some special wine and it knocked them out and it was a sign for his plan to go in action, so he did and got all the dwarves even Thorin who was on the other side of the palace and then got them to the trap door and locked them in empty barrels and the door opened and the barrels were dropped into the water, but some hit the walls and edges and Bilbo jumped down and followed them in the cold water on a bar rel that kept on turning over. Right before they got to the Lake Town, where the barrels were suppose to go he gathered them up and checked them for the dwarves and found that most of them were bruised up and cut, others were cramped and stuffy and others were fine. When they went out to explore the area they saw village guards and out of nowhere Thorin popped out and said, I am Thorin Okensheild son of the king under the hill and I wish to speak with the king of this town. And the guards took him to the table where the king had been at a feast with some of the elf men. When the king gave them shelter and healed them and they regained their strength because their journey was about to come to an end, for they were going to go up the hill and find Smuag the dragon who killed the dwarves village and their king. And they were going to get back what was theirs the gold of the mountain. When they where fully healed the where escorted by the kings men until they got to the end of the river where the mountain started. When they got started up the mountain, they took camp because they wanted an early start on Smaug. As they slowly climbed the mountain they searched for the secret path that was on Thorins map and it was Bilbos job to find the way in. When they found the door they could not find the way to get it open so they sent Bilbo there and made him sit there until he found a way to get it open, but until then they searched for another way into the mountain. When they took camp on their seventh night on the mountain Bilbo saw a rock sticking out of a grassy area the moonlight shined on the rock and soon the wall behind him started to shake and crumble when Bilbo made a large scream for Thorin to put his key, which he held around his neck. When Thorin put the key in, the door swung up and it reeked and it was dark. They sent Bilbo in and he was very scared and didnt want to go alone but he did anyway, so as he slowly moved down the long tunnel he finally reached the other side where he saw a bright red and golden glow. There lay Smuag, with his wings under him and his tail curled around him and his long head on top of his tail. Bilbo slowly entered the room and took a large cup filled with wine that was still good and he brought it back to the dwarves and they drank that night and slept well. When they woke it was not pleasant and it had sounded like the mountain was going to explode. When Smuag flew high out of the mountain in a rage and saw the ponies and the old camps of the dwarves. The ponies fled with fear but most were caught and eaten. When the dragon returned and went back down to his chamber to wait for the thief to return and try to steal again but Bilbo was not that dumb, so he went to the entrance of the chamber and the dragon knew he was there, although he couldnt see him. His keen sense of smell had picked his scent up. The dragon knew he was traveling with the dwarves because he never forgot their taste but there was a new tast e with the dwarves and he couldnt find out what it was. Bilbo was at the doorway not daring to try and steal again but trying to see if the dragon was asleep. But when he looked in the far edge of the dragons left eye he could see the flame and the glare peeping out, looking for the thief, But he could not see him so he spoke out and said I know you are there, although I can not see you I know you are here so why dont you help yourself to more treasure thief. And with a scared reply he answered no thank you and soon they started to talk. And the dragon insisting on knowing who Bilbo was would constantly ask but Bilbo would answer in a smart remark, I am the barrel rider from the East who sneaks into your cave to catch you off guard to steal your marvelous treasure. And the dragon now knowing where he came from, because of his little hint barrel rider he now knows his next area to attack Lake Town. After that little hint, Bilbo started to get cocky. The dragon rose to the tunnel and with a snort he shot flames as hot as lava down the tunnel. The flames burned the hair on Bilbo from his head to his toes. Now, Bilbo going back to the dwarves, with the burns told them to close the door. For the dragon will destroy the whole side just to find them, so they closed the door, and just at that moment the dragon started his rage on the mountain. And it was just in time because if they didnt close the door they would have been crushed and killed. The dragon now out, was going to Lake Town, away from his chamber. There was a chance to let the dwarves explore the chamber and that is what they did. They found ancient armor and weapons strong enough to break solid gold. After getting the armor and weapons they wanted to get out, Thorin led them to the main gate. There, they went for an old look- out post, which was used back when Thorins father ruled. When the dragon reached Lake Town he was enraged and tried to destroy all that he could, burning buildings and houses. Smashi ng building with his tail and as the people fled even the great king fled. Few stayed to protect, one was a tall man by the name of Bard, an expert archer and was a descendant of the Lord of Dale, who used the dragons as messengers and could understand them and their weak points. Smuags weak spot was on his left breast. As the dragon made his third pass on the town, the ancient language came to Bard, and told him to shoot an arrow through the left breast scale of the dragon and he shall die. So with his last arrow that was given to him from his father, which Bard had always recovered it from high or low, was shot when the dragon passed by again. And down he went, into the lake around the town and the water was cold enough to put out the dragons flames forever. As the people started return to the town and the king did too, in shame, for he was one of the first people to leave. The people of Lake Town were sad, not for their homes but because they couldnt find Bard, the slayer of the dragon, but out of the fog there was a dark and tall man with a bow and a black arrow drenched in freezing cold water. After killing the dragon, Bard remembers the ancient treasure is in the mountain. Bard and some of the towns men go to find the treasure. He puts the treasure in barrels and travels to the city of Dale. Bard and the town men meet up with the dwarfs. Then Bard and the dwarfs talk about their ancestors. The dwarfs and the towns people start to rebuild Dale. And with some barrels of treasure, they reward Bilbo for his services, and escort him home. Words/ Pages : 3,761 / 24

Tips sobre huellas digitales para asuntos migratorios

Tips sobre huellas digitales para asuntos migratorios En Estados Unidos, las autoridades migratorias utilizan las huellas digitales como medio para identificar a las personas y verificar su historial migratorio  y delictivo, en el caso de tenerlo. Segà ºn el resultado obtenido de la toma de las huellas digitales - conocidas como dactilares en algunos paà ­ses- , las autoridades pueden aprobar o denegar beneficios como visas, tarjetas de residencia permanente, asilo, adquisicià ³n de la ciudadanà ­a americana por naturalizacià ³n, etc. Adems, tambià ©n pueden impedir el ingreso a los Estados Unidos de cualquier persona extranjera o proceder a su deportacià ³n, si ya estuviera en el paà ­s. En este artà ­culo se explica por quà © se utilizan las huellas digitales, cundo y dà ³nde se toman,  quà © tipo de informacià ³n se obtiene, y sus consecuencias migratorias. Por qu se utilizan las huellas digitales para identificar a las personas? No solo las autoridades de Estados Unidos utilizan las huellas digitales como herramienta de identificacià ³n de individuos, sino prcticamente todos los gobiernos del mundo. La razà ³n es que no existen dos personas con las mismas huellas, ni siquiera los gemelos idà ©nticos, aunque sà ­ tengan el mismo ADN. Se estima que entre un uno y un dos por ciento de las personas a las que se toma las huellas dactilares con escneres digitales - el medio empleado por las autoridades de EE.UU.- tienen problemas para que se lean correctamente.   En estos casos se emplean para su identificacià ³n otros recursos biomà ©tricos, como fotos. Adems, en algunos casos se puede pedir un examen de ADN. Esto à ºltimo es comà ºn en ciertas categorà ­as de solicitud de papeles para la tarjeta de residencia por familia. Para qu trmites migratorios se toman las huellas dactilares en Estados Unidos? La toma de huellas digitales es muy comà ºn para toda clase de trmites migratorios. Por ejemplo, trmites de visas no inmigrante, tipo turista, estudiante, intercambio, inversià ³n, etc. Tambià ©n son necesarias cuando se est gestionando una visa de inmigrante para obtener la tarjeta de residencia permanente. Asimismo, se toman las huellas como parte necesaria las solicitudes de ajuste de estatus, asilo, proteccià ³n para và ­ctimas de violencia domà ©stica VAWA, visas humanitarias como la T por trfico humano o la U por violencia, DACA para jà ³venes indocumentados que llegaron a EE.UU. siendo nià ±os y adquisicià ³n de la  ciudadanà ­a por naturalizacià ³n. En cumplimiento del programa US-Visit, tambià ©n se toman las huellas en todos los puertos de entrada a Estados Unidos - puertos, aeropuertos y fronteras terrestres- . Estn excluidos de esta obligacià ³n los ciudadanos americanos, diplomticos extranjeros con visas de la familia A o G, residentes permanentes en un viaje de crucero que salieron de EE.UU. y regresan al paà ­s por el mismo puerto. Tampoco estn obligados a dar las huellas digitales ciudadanos canadienses y mexicanos en ciertas categorà ­as migratorias. Por ejemplo, estn excluidos los mexicanos residentes en la frontera que cuentan con una visa vigente de cruce, tambià ©n conocida como lser. Finalmente, tambià ©n se toman las huellas a los migrantes agarrados por la Patrulla Fronteriza cruzando ilegalmente la frontera y a todas las personas, estadounidenses o no, que son arrestadas o detenidas en cualquier parte del paà ­s por autoridades federales, estatales o locales. Como regla general que admite excepciones, no se toma las huellas digitales a personas mayores de 79 aà ±os y a menores de 14 aà ±os de edad. Dnde se toman las huellas digitales? En Estados Unidos, el lugar para el trmite de las huellas digitales depende de la razà ³n por la que se toman. Asà ­, en el caso de puestos de control migratorio la gestià ³n es realizada en puertos, aeropuertos y fronteras terrestres por la CBP, tambià ©n conocida como Patrulla Fronteriza. Tambià ©n son los encargados de tomarlas en el caso de migrantes indocumentados agarrados cruzando ilegalmente la  frontera.   En los casos de trmites migratorios como ajuste de estatus, asilo, naturalizacià ³n, etc., es necesario acudir en la fecha y hora asignada por la carta que envà ­a el Servicio de Inmigracià ³n y Ciudadanà ­a (USCIS, por sus siglas en inglà ©s) al Application Support Center (ASC, por sus siglas en inglà ©s) ms cercano y cuya direccià ³n est consignada en la carta en la que se notifica la cita. Si la persona que debe acudir al ASC se olvida de la cita o se equivoca, se recomienda presentarse tan pronto sea posible y explicar quà © pasà ³. Como regla general, si ha pasado menos de una semana desde la fecha de la cita no pasa nada y se toman en ese momento las huellas. Si ha pasado ms tiempo, debe contactar con USCIS llamando al 1-800-375-5283 para programar  una nueva cita. Si no se hace, USCIS entender que se ha desistido del trmite y cancelar el expediente. Por à ºltimo, en caso de arresto o detencià ³n, la autoridad realiza la toma las huellas y las comparte con el FBI quien, a su vez, las comparte con Inmigracià ³n. Si las autoridades migratorias consideran que la persona detenida es de su interà ©s, pueden emitir un hold para proceder a tomar custodia de dicha persona. Fuera de Estados Unidos se siguen dos sistemas. En algunos paà ­ses, como por ejemplo Mà ©xico, Argentina o Repà ºblica Dominicana, antes de ir a la embajada o consulado para la entrevista para la visa de no inmigrante o de inmigrante se debe acudir para los trmites de los datos biomà ©tricos a un ASC - conocido en algunos paà ­ses como Centro de Atencià ³n de Visa o VAC- . Sin embargo, en otros paà ­ses la entrevista y la toma de huellas digitales tienen lugar el mismo dà ­a en las instalaciones de la embajada o consulado. Qu sucede una vez que las autoridades migratorias tienen las huellas digitales? Las huellas digitales se verifican contra  una enorme base de datos del FBI que contiene, literalmente, cientos de millones de huellas. Adems,  la CBP tiene tambià ©n a su disposicià ³n el sistema TECS que contiene, entre otros, informacià ³n migratoria, posible historial criminal, rà ©cords de vehà ­culos  e informacià ³n consular a travà ©s del acceso a la base de datos CCD, del Departamento de Estado. USCIS puede acceder a la informacià ³n que contienen esas bases de datos y asà ­ tener a mano informacià ³n completa sobre una persona, incluyendo todos los nombres que ha utilizado, fecha de nacimiento, rà ©cord criminal, nà ºmero del Seguro Social, direcciones en las que ha vivido, direcciones de correo electrà ³nico, certificados de naturalizacià ³n, nà ºmero de alien, nà ºmero de visa, SEVIS (en el caso de estudiante o de extranjero en programa de intercambio), etc. La informacià ³n que se obtiene a partir de las huellas digitales sirve, a efectos migratorios, para los tres siguientes fines: En primer lugar, para determinar la identidad de una persona y detectar si ha utilizado ilegalmente otros nombres o documentos que no son suyos o falsificados. Se han detectado ms de 800 mil casos de este tipo de anomalà ­a. En segundo lugar, para determinar posibles violaciones migratorias. Por ejemplo, si se le toman las huellas a una persona extranjera presente en Estados Unidos, debe aparecer una coincidencia en alguna base de datos del Departamento de Estado o del Departamento de Seguridad Interna. Si no es asà ­, eso indica que ingresà ³ al paà ­s ilegalmente. Hay que resaltar que es una violacià ³n migratoria grave asegurar en un formulario de migracià ³n que nunca se ha sido detenido o arrestado cuando la verdad es que sà ­ y ese dato es fcilmente verificable con las huellas digitales. Esto aplica incluso a los expedientes que han sido sellados o expurgados. Las personas en estos casos delicados deben asesorarse con un buen abogado migratorio para evitar que su caso se eche abajo por representacià ³n falsa. Tambià ©n se detectan otras violaciones migratorias, como no haber salido de Estados Unidos dentro del plazo autorizado en un viaje previo. En tercer lugar, las huellas digitales sirven para  determinar si se ha cometido algà ºn delito o falta que   convierta a una persona en susceptible a ser deportada o que no se le apruebe una peticià ³n migratoria como, por ejemplo, un ajuste de estatus, una visa, la adquisicià ³n de la ciudadanà ­a americana, etc., por ser considerado como inadmisible. Qu hacer cuando se sospecha que puede haber problemas migratorios por culpa de las huellas? Lo fundamental es estar informado de cules son las causas que convierten a una persona en inelegible para ingresar a Estados Unidos o arreglar los papeles, una vez dentro del paà ­s. Dependiendo del caso puede ser muy recomendable obtener el rà ©cord migratorio antes de comenzar cualquier gestià ³n de este tipo.   Finalmente, teniendo en cuenta lo delicado de este tipo de situaciones, es altamente recomendable asesorarse con un abogado de Inmigracià ³n de buena reputacià ³n o con una organizacià ³n de apoyo a migrantes. Este es un artà ­culo informativo. No es asesorà ­a legal.

Crude oil prices Research Paper Example | Topics and Well Written Essays - 750 words

Crude oil prices - Research Paper Example Crude futures declined in the recent past on concerns global oversupply is hurriedly  filling oil stocks. Total petroleum output in the year 2015 is expected to go up to 9.35 million barrels every day, slightly more than the 9.3 million barrels daily forecast in the previous period, the Energy Information Administration (EIA) said last week in its monthly short-term energy outlook. Independently, oil stocks went up more than anticipated marking the several consecutive week of a higher overall than at any other time for the last 80 years and more. The American commercial crude oil stocks rose by appoxialely4.5 million barrels from the previous week, the EIA said Wednesday. Another reason weighing on oil price is the OPEC. The U.S. oil output could be adversely affected in the years due to low oil prices offered by the OPEC countries. In addition, the lower global oil prices may have affected the marginal barrel output from other sources, such as shale, OPEC said.  The OPEC body controls a significant percentage of the world’s fuel production. As such, any decision they make directly affect the market prices of the commodity. In this case, the petroleum trading block may take actions targeting their competitors. Such actions may include flooding the market with the commodity leading to market forces coming into play and hence price decline. America has been in the frontline in the war against terrorism. As such, the country has formulated various policies aimed at reducing terrorism. Such policies have been affected towards Iran and Tehran for their alleged involvement in nuclear weapon manufacturing. In this case, the two countries are prohibited from placing their products in major global markets. However, USA and the two countries have signed several deals that have seen the reintroduction of petroleum product from two nations. In this case, the total global supplies increase prompting the market forces to push the prices