Tuesday, February 18, 2020

I will upload the topic Essay Example | Topics and Well Written Essays - 1500 words - 2

I will upload the topic - Essay Example In the film, The World, Jia’s character depicts these paradoxical results clearly. In his film, he focuses on the isolation of shifted persons in the urban setting and the collapse of the society. In the film, Jia undermines the attempt by government to globalize the country without the Medias democracy. In this regards, Jia attempts to give the implication the government is trying to globalize the country without any form of questioning. This situation gives a very huge gap between the government perfect society and the Chinese experience. Jia gives different perception to the Chinese society in terms of their place in the world, their uniqueness and their actual segregation from international society Film production has been internalized, gained popularity and more so gained popularized screen plays in international basis in the last few years. In this regard, Jia tries to bring out the inter-modality. Inter-modality contains subtitles and digital media used to show up film characters to convey the modern life, and more so create some understanding. Jia uses China to convey all the problems that all persons worldwide face i.e. both the Chinese and the foreign audience. Basing my idea on Tao, a character in the movie The World, who has a relationship with a Russian dancer by the name Anna and also has romantic moments with Taisheng i.e. Kin-Yang Szeto’s study reveal, â€Å"Set amid this grand image of national transformation, the film tells a story of romance between Tao and Taisheng, two young adults who work at an existing tourist attraction in Beijing called World Park.† Jia Zhangke uses subtitles for cross-cultural intermediation that enable his film to fit into different social backgrounds. The use of this has given Jia a chance to avoid Chinese government restriction. In addition, use of subtitle has enabled his film to be shown in different parts of the world without any official authorization. In the process, people worldwide get to know the new

Monday, February 3, 2020

Comparison of credibility (accuracy) of S&P and Moody's ratings before Literature review

Comparison of credibility (accuracy) of S&P and Moody's ratings before and after the US financial crisis - Literature review Example These rating systems have also influenced the U.S capital markets by enabling the U.S financial markets to examine the credit risks. S&P and Moody’s ratings play significant roles in the capital markets; thus, the rating agencies employ them in measuring the expected financial losses (Langohr and Langohr, 2008). This is crucial because they enable the financial market to respond to financial insecurity or risks. This is through establishing regulatory approaches that protect the financial markets from incurring losses. S&P and Moody frequently provide financial analysis to the analysts and issues standard public financial statement of the U.S banks on credit conditions. They also carry out credit ratings in order to offer investors with adequate information; hence enabling them to overcome credit crisis. Moreover, they have influenced the US financial market by enabling them to make financial analysis in order to determine the strength of banking institutions. They have enable d them to split bonds and rate the financial institutions against each other in order to determine their performance level. ... Thus, through S&P and Moody rating services, the U.S financial institutions have enabled to improve their business performance level. Literature Review on the Methodology Changes of S&P and Moody's After All the Criticism It Has Faced On Their In Credibility and Accuracy of Their Published Ratings Varied literature have attempted to reveal the methodology changes of S&P and Moody’s after they faced varied criticism on their credibility and accuracy issues. They have made great efforts of becoming more cautious in order to recover their reputations after the criticism during the recent financial crisis. The S&P and Moody's, as well as, other credit rating agencies have been a subject of controversy; thus, they have been criticized for not being accurate and credible. These agencies faced severe criticism especially during the recent rise of gasoline in the U.S that contributed to a global financial crisis (Eccleston, 2013. However, the credit rating agencies have made significa nt attempts of making changes in rating system; thus, they have focused on creditworthiness, which has become the key aspects in the financial markets. S &P have attempted to implement varied methodologies and this has changed drastically after the 2007 to 2008 global financial crisis. Before the crisis Moody's employed RiskCalc model for estimating private industries default risks. However, the current regulatory approach, which is characterized by capital ratios, stress tests among other methodologies makes it necessary in rating activities. Anand and Subramanian (2013) reveal that S&P and Moody's have made significant efforts of responding to criticism by increasing the regulatory use of ratings in order to reduce financial risks. This regulatory