Financial TBC

In its Decision published on 11 January 2010, the Tribunal has found on the balance of probabilities that Mr Chhabra, whilst an analyst at Evolution Securities, passed price sensitive information to Mr Patel, an experienced spread bettor.
Mr Chhabra and Mr Patel maintain they did not engage in market abuse.

Mr Patel was a prolific trader especially in the stocks concerned. He provided evidence to the FSA that he had legitimate reasons to bet on these stocks in the direction, the size and at the time he did. The Tribunal itself accepted that some of the characteristics of these bets were consistent with Mr Patels general trading strategy. The FSA also inferred that Mr Chhabra was in possession of price sensitive information when Mr Patel placed his bets when much of the evidence suggested otherwise.

Furthermore the FSA and the Tribunal have reached their decisions even after accepting that Mr Chhabra did not benefit financially from Mr Patels trading. Mr Chhabra had no reason to jeopardise his reputation and career by behaving in the way that the FSA allege.

Despite having investigated the matter for nearly 5 years, the FSA failed to produce any firm evidence to support their case. The evidence against Mr Patel and Mr Chhabra is circumstantial, and exists alongside other evidence which suggests the contrary. Not one email, phone call recording, witness statement or evidence of financial dealings between Mr Chhabra and Mr Sameer Patel has been produced which bears out the FSAs view.

With less than a week before the hearing before the Tribunal to determine penalty, the FSA petitioned the Tribunal to more than double the penalty that the FSA themselves had originally decided. By proceeding to the penalty hearing, Mr Chhabra and Mr Patel would have exposed themselves to intolerable financial risk in addition to the penalties originally proposed. The FSA has now accepted that the original penalties stand, but only in return for Mr Chhabra and Mr Patel giving up their statutory right to appeal.

This tactic may discourage potentially meritorious applicants taking their cases to the Tribunal in the future. Applicants could face the jeopardy of the FSA petitioning for a higher fine than originally imposed if they proceeded to defend themselves.

When you are not holding ample funds to fulfill your unexpected financial hardships, faxless payday loans is one advantageous loan service for you. It is a swift loan aid that can be completely free from tiresome and time consuming faxing procedure. Thus, anytime you are required to arrange additional finance these loans are the loan option that helps to access quick cash right away without following tacky and messy loan procedure at all.

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Social Media Marketing: Building A Bridge To The Future With Solid Advice/p>

You must take advantage of new and newest ways to use social media marketing techniques before they become ineffective.

Put a Facebook “like” button on the homepage of your website. This makes it easy for readers to “like” your content on the social website. Having this directly on your blog lets your page without having to navigate away from your site. This will give you greater exposure to your site.

You may notice that commercial pages on social media ad pages. It is a clever idea to use attractive images to draw buyers onto your ad. Once they look at your ad, they will be more likely to click through to your site and buy one of your products or services.

Keep in mind that results will not be instant. It takes time to create a viable revenue stream using social media campaign.

Be ready for the negativity associated with using social media. Social media is great when you get praise, but there is also an unfavorable side. Do not turn your back on it but answer them and try to make them happy.

Have patience when using social media site. People must trust what you’re doing and whatever it is you are trying to sell. Take your time and focus on one customer at a good reputation for yourself. In no time you should have tons of customers.

Your website should be tied to your other social networking profiles for increased exposure and a better level of visibility. This is easily accomplished by adding buttons on your site that will let your customers share your content via their own social profiles. These widgets should be on the main page of your website, in blogs posts as well as RSS feeds to help get your consumers to share content that you post.

The tips you’ve read will help make your business a success, and will be able to help you market any future projects, as well. It’s always good to have strong social marketing skills. Make sure you follow the tips listed above in order to pull off a seamless SMM campaign.

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Bengal Famine to Right Food – An insightful journey towards food security

Famines were quite frequent in the colonial rule because of the indifference of the British India government towards the plight of the starving people of undivided Bengal. This year marks the 70th anniversary of the great crisis that hit the golden land of Bengal. The estimated deaths were 1.5 to 3 million children, women and men during 1942-43. It is estimated deaths due to starvation in the colonial rule was 30 to 40 million especially in Tamil Nadu, Bihar and Bengal. The Bengal famine of 1943 struck the Bengal province of pre-partition British India during World War II following the Japanese occupation of Burma. It has been argued that the Japanese invasion of Burma was the main cause of the Bengal Famine of 1943, since it cut off all food supplies from the region. A constellation of factors led to this mega-tragedy, such as the Japanese occupation of Burma, the damage to the aman (kharif) rice crop both due to tidal waves and a disease epidemic caused by the fungus Helminthosporium oryzae, panic purchase and hoarding by the rich, failure of governance, particularly in relation to the equitable distribution of the available food grains and disruption of communication due to World War II.

Estimates are that between 1.5 and 4 million people died of starvation, malnutrition and disease, out of Bengal’s 60.3 million population, half of them dying from disease after food became available in December 1943. As in previous Bengal famines, the highest mortality was not in previously very poor groups, but among artisans and small traders whose income vanished when people spent all they had on food and did not employ cobblers, carpenters, etc.

At that time people who were studying in colleges were discussing various ways to develop the nation and combat the current situation. Seventy years now the country misses the spark in the youth who may come up with protests but lack the intellect to provide a solution which makes our great nation food secure. Even our politicians who believe the Right to Food as a game changer in the 2014 General Elections wants to rush into this. No doubt this is a good initiative by the current UPA government but it also adds up to the rising fiscal deficit which the reforms from Prime Minister’s Office can’t decrease. 70 years on we are still not food sufficient still people are dying because of extreme hunger and poverty estimating up to 2 lakh per year. It seems the great economists of the country are on a long holiday or may be their ideas are out of stock.

What’s more shocking is that being an agrarian economy with majority of the population engaged in agricultural activities still no youngster is willing to become a farmer. The country has dramatically failed to understand the importance of farming. There is no remuneration and the richest people in the country are not the people who provide you with food to survive. The biggest corporations in the country are not an agro-based company. Every day we keep hearing farmers committing suicides. In this scenario the government wants the Right to Food bill to pass without realizing or providing any protection to the farmers. If anyone wants to become a farmer the society, parents look down to the idea, they play a prime role in discouraging their wish. But they are not wrong when they do that they do it because the remuneration of a Investment Banker or Doctor or Engineer is way higher than that of a farmer who after working hard to provide food (energy) to these Engineers or Doctors or Investment Bankers to work or survive lives in less than $1.25 a day. The youth of the nation doesn’t ask the government of India why is the situation so gruesome at ground level.

The Right to Food bill may provide food to 75% of the rural population and 50% of the urban population but it doesn’t do anything to improve the status of the farmers. There are many reasons to debate this bill but the government of the country is always interested in providing freebies before every election in the country. 70 years on the situation remains critical because policy makers have not done enough to eradicate poverty out of the lives of the people who are responsible for making this country food secure.

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Most people believe that linguistic diversity has cultural benefits for every society. However, when it comes to trade and business between countries with different languages and cultures, implementing a common language for effective communication has been found to increase trade and revenue between countries.

There are a number of major industries in the world that faces dilemma in conducting businesses in different foreign countries. One of these is the financial industry, which definitely requires a common language for communicating financial information. Today, financial firms that are experiencing linguistic diversity, but refuse to utilize the benefits of financial translation services are exposed to the financial crisis and are losing major clients.

One of the main objectives of financial companies is to ensure that the implementation of their rules and agreements are being understood by their clients, and so using an effective financial translation is necessary to secure the accuracy of the interpretation of every detail into the native language of the client.

Financial corporations should always remember that financial documents are a highly specialized field that requires a professional and well-experienced translator in the financial industry. Hence, it would be ideal to seek help from a reputable translation agency that can surely provide a high quality financial translation document.

A financial language document doesnt only need to be accurate but it also demands a high degree of privacy and confidentiality. The contents of financial documents such as audit reports, financial statement, business plans and any other financial documents are often sensitive matters, and a professional financial translator doesnt need to be lectured about the confidentiality of the papers because they already understand the guarantees of discretion that they need to offer to their clients.

When translating financial documents, it is important to remember that a single mistranslated text may cause trouble to a financial corporation, and thus, financial translators should exactly know how to perfectly conduct the financial translation process. Just like any other translation document, financial translation should involve a delicate and thorough translation process which includes translating, proofreading, and editing. These main important stages of translation are essential to ensure the credibility and accuracy of the translation end product.

Financial clients should ensure to choose the most credible translation agency for their documents. Choosing the right financial translator for your document is the first major step in any translation, and thus, it is crucial to hire the most professional one. Otherwise, hiring a non-professional financial translator can put your financial business in shame and crisis.