Fred bergsten explains why policymakers need to act now in order to avert the danger of serious damage to the world economy FIVE major risks threaten the world economy. Three centre on the United States: renewed sharp increases in the current-account deficit leading to a crash of the dollar; a budget profile that is out of control; and an outbreak of trade protectionism a fourth relates to China which faces a possible hard landing from its recent overheating The fifth is that oil prices could rise to $60-70 per barrel even without a major political or terrorist disruption, and much higher with one
Milk is a dilute emulsion consisting of an oil/fat dispersed phase and an aqueous colloidal continuous phase. The physical properties of milk are similar to those of water but are modified by the presence of various solutes (proteins, lactose and salts) in the continuous phase and by the degree of dispersion of the emulsified and colloidal components
1. Special in Guilin Guilin Three Treasures: Fermented Bean Curd; Chilli Sauce; Sanhua Liquor Guilin rice noodle Yao Minorities'Oil Tea Yangshuo beer fish Fish from the clear water of Li River, Lingchuan dog meat Lipu steamed port with taro Stewed duck with gingko nuts Guilin field snails
Organizational Environment Organizational Environment: those forces outside its boundaries that can impact it. Forces can change over time and are made up of Opportunities and Threats. Opportunities: openings for managers to enhance revenues or open markets. New technologies, new markets and ideas. Threats: issues that can harm an organization. economic recessions, oil shortages
Care of the microscope Dos 1. Do take special care to protect the microscope from dust in hot dry periods 2. Do take special care to protect the microscope lenses and prisms from fungal growth in hot humid periods 3. Do clean the immersion oil from the immersion objective each time, use lens tissue dampened with ethanol
Geothermal's Cost of Capital Weighted Average Cost of Capital (WACc) Capital Structure Required Rates of Return Big Oil's WACC SInterpreting WACC Flotation Costs