Wednesday, February 26, 2020

War Occurs Because There Is Nothing to Prevent It Essay

War Occurs Because There Is Nothing to Prevent It - Essay Example According to the realist theory, the international system operates on checks and balances method that is flawed to a certain extent given the ethnic and cultural dissimilarities between the peoples of the world. Samuel Huntington’s â€Å"The Clash of Civilizations† argues that the fault lines between civilizations lead to war. This has proved in the aftermath of the 9/11 attacks against the US. Other commentators like Robert Kagan have pointed to the resurgence of Russia and the recent conflict in the Caucasus between Russia and Georgia as an example of how â€Å"history returns† whenever certain nations fall from pre-eminence and then assert themselves to regain the lost glory. In his recent work, â€Å"The Return of History and the End of dreams†, Keegan forcefully makes the point about how the 21st century might look like when it comes to international relations. The realist perspective seems a good prism to look at the complex dynamics shaping war. Thi s can be seen from the fact that in the aftermath of the fall of the Berlin Wall and the Collapse of Communism, the then US president George Bush Sr. made a case for a â€Å"New World Order† and proclaimed that â€Å"we are at the threshold of a new era that has been dreamed by generations of men but has always eluded them†. However, the euphoria was short lived as Iraq, under Saddam Hussein attacked Kuwait and subsequently this led to American intervention and the first Gulf war. Thus, we have history repeating itself in 2008 when Russia asserted itself in South Ossetia.

Sunday, February 9, 2020

Cash Flow Essay Example | Topics and Well Written Essays - 500 words

Cash Flow - Essay Example helps a company to detect problems with its liquidity because the lack of liquidity may have direct influence of performance of a company even while it is running profitably. A company is also required to prepare the statement as an alternative tool for measuring profitability especially for the profit making companies in the instances when accrual standards of accounting may not be representatives in economic realities. Besides, it illustrates the quality of income where income is interpreted to be of low quality when net income contains much of non-cash items (Kousenidis, 2006). Finally, the statement is instrumental in evaluation of risks in financial products such as the evaluation of a default risk in the company. It is to be acknowledged that an operating company has various ways through which cash is produced while at the same time having various ways through which it spends the funds produced. This therefore explains why a cash flow document contains three main sections where sections on financing and operations indicate the manners in which funds are generated and the section on investment illustrates how funds are utilized (Stoddard, 2013). The cash flow statement comprises three main sections, which are strategic and critical for its essence to a company. The three sections within a cash flow statement are cash flows as emanating from operating activities for the company, flows of cash from activities of investments as well as section on flows of cash from financing activities. Cash flow from operations section is fundamental section within the statement as it outlines gains realized from the activities of the company where changes in the flow would be useful in explaining performances of a company. The amount that companies invest in capital expenditures is the main components illustrated in the investment section while finance sourcing activities especially from outside are reflected in the section on financing activities (Wise,