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PERSONAL INJURY

PERSONAL INJURY Introduction Owners are under an obligation to maintain a safe working environment on board the vessel at all times. If a member of the crew, a passenger, or shore personnel are injured on board the vessel or in the vici
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COLLISIONS


COLLISIONS Introduction This chapter examines the type of evidence required where the ship has been involved in a collision. It is likely that in the aftermath of a collision, lawyers and surveyors acting for owners and their insurers wil
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SALVAGE

SALVAGE Introduction 'Salvage' is payment made or due to a salvor for saving of a ship or its cargo from loss, damage, wreck, capture, or rescue of property from fire.     
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DAMAGE TO FIXED AND FLOATING OBJECTS

DAMAGE TO FIXED AND FLOATING OBJECTS Introduction Damage caused by a vessel to fixed or floating objects often gives rise to large claims which owners have great difficulty in defending. In many countries, owners will be strictly liab
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ROMANIAN BANKING SYSTEM

Romanian Banking Association ROMANIAN BANKING SYSTEM Basel Reform will have a dramatic impact on the entire banking industry, particularly on profitability. Institutions that take an enterprise-wide view of risk and assign eco
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THE PUBLIC EXPENSES SYSTEM

THE PUBLIC EXPENSES SYSTEM P ublic expenses express social-economic relations in cash between state and the members of society on the occasion of allocation of financial resources for financing the soc
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The International Cost of Capital and Risk Calculator (ICCRC)

The International Cost of Capital and Risk Calculator (ICCRC) 1.  Introduction The goal of this paper is to provide the economic background for the International Cost of Capital and Risk Calculator (ICCRC). I review the current p
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MANAGING THE CHALLENGE OF GLOBALIZATION AND INSTITUTIONALIZING COOPERATION THROUGH GLOBAL GOVERNANCE


MANAGING THE CHALLENGE OF GLOBALIZATION AND INSTITUTIONALIZING COOPERATION THROUGH GLOBAL GOVERNANCE The forces of change and continuity are creating unprecedented complexity in world affairs and new challenges to global order. Describing the a
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Principles of Trading System Design


Principles of Trading System Design If not the gods, put the odds on your side. Introduction This chapter presents some basic principles of system design. 'You should try to understand these issues and adapt them to your preferences.
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Foundations of System Design


Foundations of System Design The best system provides instant gratification and constant satisfaction. Introduction This chapter examines many key system design issues. Now that you un­derstand some basic principles of system design, you
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Developing New Trading Systems


Developing New Trading Systems Don't count your chickens until they are incubated. Introduction A trading system is only as good as your market intuition. You can for­mulate and test virtually any trading system you can imagine with today
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Developing and Implementing Trading Systems

Developing and Implementing Trading Systems Nothing is easier than developing a trading system by the •usual process of trial and terror. Introduction Хорошая систе&#
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GLOBALIZATION IN WORLD ECONOMY

Introduction   The term 'globalization' is frequently used in today’s world but seldom defined. For many years it was quite a dormant topic, with select few publications. Only in the 1990s the name was more integrated into a vo
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LIMITS TO GROWTH? CHINA'S RISE AND ITS IMPLICATIONS FOR EUROPE

LIMITS TO GROWTH? CHINA'S RISE AND ITS IMPLICATIONS FOR EUROPE[1] Abstract: After a short introduction, The structure of the paper is as follows: section II summarizes the pertinent developments during the past two centuries and sho
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Analysing wEfeedU’s Financial Position

Analysing wEfeedU’s Financial Position Analysing the company’s liquidity status by calculating the liquidity ratios Liquidity ratios measure a business’s ability to cover its obligations, without having to borrow or invest more money
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Macroeconomic overview

Macroeconomic overview Executive summary The transition countries have continued to show robust growth, driven in many places by strong domestic demand spurred by growth in credit and real wages. Domestic demand and high energy are however c
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NEW DIMENSIONS OF THE INFRACTIONAL PHENOMENON IN THE EUROPEAN WORLD


NEW DIMENSIONS OF THE INFRACTIONAL PHENOMENON IN THE EUROPEAN WORLD Abstract: Infractionality is one of the most complex, profound and tragic phenomenons of the contemporaneous world. Year after year, more offences are committed, millions o
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ORGANISATION OF BUSINESS

ORGANISATION OF BUSINESS Legal and financial aspects are closely linked to business because, before any business starts, capital must be obtained. The amount and nature of capital, methods of raising it as well as the manner of its control o
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MONEY LAUNDERING

MONEY LAUNDERING Money laundering is a process used by offenders who attempt to conceal the true origin and ownership of the proceeds; these proceeds are results of criminal activities. It allows them to maintain control over the proceeds a
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ENGLISH - BANKS

ENGLISH - BANKS There are a lot of banks in our tows and villages and even the internet offers you the opportunity to do “on line banking” as you can pay for goods and services with a little smart card. Speaking about the UK, one has
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