The Bermuda Triangle Essay Example | Topics and Well Written Essays - 1000 words

The Bermuda Triangle - Essay Example In fact, the mystery behind Bermuda Triangle is based on exaggerated reporting and explanations by media reporters and seafarers. Still, people are not yet ready to believe that there exists less scope for paranormal activity behind the Bermuda Triangle. But evidences on the disappearances of ships and aircrafts in the Bermuda Triangle prove that there exists less scope for extraterrestrial forces behind disappearances in the Bermuda Triangle. Besides, this region is a renowned for heavy traffic of ships. So, there exists high scope for accidents and related incidents. At the same time, the story behind the Bermuda Triangle tends the seafarers and pilots to expect some extraterrestrial forces in this region and this leads them to accidents. Stewart (2009) makes clear that, â€Å"Many familiar with the waters near Bermuda, for example, say that can happen easily because of the turbulence and converging currents of the Gulf Stream within the Triangle† (p. 79). The Ocean current, added with methane gas, is strong enough to sink a vessel. The excavations conducted with the help of marine experimentation equipments prove that the secret behind most of the incidents in Bermuda Triangle is human error. ... In fact, natural explanation on mystery behind the Bermuda Triangle proves that natural phenomenon like wind storm added with human error is the real villain behind the tragic incidents. Besides, the natural explanation on the mysterious disappearances is based on the fact that this area is important within the context of maritime activities. To be specific, this area is the meeting point of maritime activities between America and Europe. A number of aircrafts (say, commercial/private) conduct daily trips from America to other parts of the world. Rosenberg (2002) stated that, â€Å"The most commonly mentioned theory is simply that the disappearances were caused by simple human error† (p.22). One can see that tropical storm in the Bermuda Triangle area is one of the natural factors behind the loss of the vessels and aircrafts. All these factors within the context of sea and air transportation lead to disasters in the Bermuda Triangle area. Evidently, mechanical malfunction is t he reason behind the loss of vessels and aircrafts in the Bermuda Triangle region. When the authorities failed unmask the secret behind the mysterious incidents in the Bermuda Triangle, more and more people began to suspect paranormal forces behind the same. But Hamilton (2007) opined that, â€Å"Since this area is one of the most heavily traveled places in the world, it is no surprise that many people have seen tragically lost within the Bermuda Triangle† (p.4). For instance, the disappearances of G-AHNP Star Tiger and Douglas DC-3 aircrafts in the year 1948, G-AGRE Star Ariel aircraft in the year 1949, and KC-135 Stratotanker in the year 1963 led the international community to consider that there exist paranormal forces behind the incidents. Later, investigation proved that human error, weak

Measuring Bank Liquidity Using Publicly Available Information Assignment

Measuring Bank Liquidity Using Publicly Available Information - Assignment Example In comparison to savings banks in Germany, big commercial banks have a volatile return on equity. In the UK, Barclays, HSBC, RBS, and Lloyds are the big commercial banks that dominate the market thereby causing limited competition. However, in the US, financial systems are market-based and thus financed from the issue of securities. Single factor sensitivity analysis is used to measures changes in the portfolio in relation to interest rates, share prices, and exchange rate while scenario analysis uses simulation to determine risk (Drehmann and Nikolaou 2010, 50). Liquidity risk will indicate a bank’s ability to meet short-term and long-term liabilities for going concern purpose. Higher proportions of short-term debts will indicate a higher liquidity risk. Such banks will be subjected to a higher minimum capital requirement by the regulatory authority. The regulatory capital is then linked to the riskiness of its asset portfolio. To evaluate liquidity both on and off-balance sheet items can be added and weighted to evaluate the correct value of the risk-adjusted assets. Tier 1 capital will entail retained earnings, equity, and reserves while tier 2 capitals will compose revaluated items, unrecognized reserves, and gains on securities. Concentration measurement gives a clear picture of the competitiveness of a bank in the international banking industry. The indices used for measurement are the Herfindahl-Hirschman index and the Gini coefficient. Both the Herfindahl and Concentration ratio methods take into account the largest institutions in account when determining their values. Structure-conduct-performance analysis deals with the concentration of firms in the market, individual conduct of firms and profitability. It is evidenced that there is a statistical econometric correlation between the measure of market structure in the banking industry and profitability. Therefore, the market share of the international bank will indicate its ability to mitigate liquidity.