The Forcing of Young People into Community or Government Service Essay

The Forcing of Young People into Community or Government Service Some people suggest that everyone between the ages of 18 and 21 should be required to perform one year of community or government service. Such service might include the Peace Corps, Environmental Conservancy Corps, a hospital, the military, a rural or inner-city school, or other community outreach projects. I believe forcing the service of any group of people is a bad idea. In this case, three reasons come to mind as to what makes this idea bad. First, I see this as a form of indentured servitude, even though the folks may earn a paycheck. Second, I feel that this idea takes away from the idea of the United States being a free place to live. And third, much like the idea of the federal government considering funding for 'faith-based' programs, who determines which programs would qualify? These three reasons as enough for me to think the requirement of community service is a bad idea. The forcing of young people into community or government service could be seen as a form of indentured servitude. People working in those capacities would certainly receive a paycheck at the end of the day, and could go home to their families, but until their year of service is up, they have no other options to do what they will with their lives. I do think that community service is a wonderful idea. Volunteers at local hospitals, the Peace Corps and military provide an invaluable service to the community and to the country....

Academic Writing

Assessment Task: You are to write and deliver a speech (between 750 and 1000 words) on any subject and from any perspective. Note that you must not deliver the speech as yourself, but must write from the viewpoint of any person, real or imagined. This person may be from the past or future as well as the present. Marks will be awarded for the following criteria: Use of voice and body language Originality of concept and content Appropriateness of language for the subject and audience Vocabulary and grammar Please note that there will be no specific time limitations, but you are strongly encouraged to take your time when delivering the speech.Points on the delivery and writing of the speech will be covered in class on several occasions so there will be plenty of opportunities for guidance. Deadline date for submission:The speech is to be delivered during your normal tutorial during Weeks 8 and 9 (weeks beginning 15th and 22nd April 2013). The exact time and date will be agreed with your lecturer during previous weeks. A hard copy of the speech is to be submitted to Turnitin for assessment by midnight of Monday 15th April 2013. You are reminded that a limit of 15% plagiarism is permitted.Whilst the presentation mark will be given in class, if the plagiarism score is subsequently found to have exceeded 15% then the mark will be amended accordingly (this will mean a fail in the case of excessively high Turnitin scores). Format: Speech/presentation Word limit: 750-1000 words Learning outcomes to be examined in this assessment *Demonstrate an understanding of how language is used to promote certain purposes *Demonstrate an awareness of different writing styles and their effectiveness as a means of communication *Demonstrate presentation skillsAssessment criteria Explanatory comments on the assessment criteria Maximum marks for each section Content, relevance, originality Choice of topic appropriate for subject matter and audience. Originality of topic. 30% Verbal and n on-verbal communication. Clear diction and dramatic flair. Effective body language and engagement with audience. 35 % Linguistic styleImaginative and interesting use of language, as appropriate for the topic. 35% Assessment Task: You are to write and deliver a speech (between 750 and 1000 words) on any subject and from any perspective.Note that you must not deliver the speech as yourself, but must write from the viewpoint of any person, real or imagined. This person may be from the past or future as well as the present. Marks will be awarded for the following criteria: Use of voice and body language Originality of concept and content Appropriateness of language for the subject and audience Vocabulary and grammar Please note that there will be no specific time limitations, but you are strongly encouraged to take your time when delivering the speech.Points on the delivery and writing of the speech will be covered in class on several occasions so there will be plenty of opportunities f or guidance. Deadline date for submission:The speech is to be delivered during your normal tutorial during Weeks 8 and 9 (weeks beginning 15th and 22nd April 2013). The exact time and date will be agreed with your lecturer during previous weeks. A hard copy of the speech is to be submitted to Turnitin for assessment by midnight of Monday 15th April 2013. You are reminded that a limit of 15% plagiarism is permitted.Whilst the presentation mark will be given in class, if the plagiarism score is subsequently found to have exceeded 15% then the mark will be amended accordingly (this will mean a fail in the case of excessively high Turnitin scores). Format: Speech/presentation Word limit: 750-1000 words Learning outcomes to be examined in this assessment *Demonstrate an understanding of how language is used to promote certain purposes *Demonstrate an awareness of different writing styles and their effectiveness as a means of communication *Demonstrate presentation skillsAssessment criter ia Explanatory comments on the assessment criteria Maximum marks for each section Content, relevance, originality Choice of topic appropriate for subject matter and audience. Originality of topic. 30% Verbal and non-verbal communication. Clear diction and dramatic flair. Effective body language and engagement with audience. 35 % Linguistic styleImaginative and interesting use of language, as appropriate for the topic. 35% Assessment Task: You are to write and deliver a speech (between 750 and 1000 words) on any subject and from any perspective.Note that you must not deliver the speech as yourself, but must write from the viewpoint of any person, real or imagined. This person may be from the past or future as well as the present. Marks will be awarded for the following criteria: Use of voice and body language Originality of concept and content Appropriateness of language for the subject and audience Vocabulary and grammar Please note that there will be no specific time limitations, b ut you are strongly encouraged to take your time when delivering the speech. Points on he delivery and writing of the speech will be covered in class on several occasions so there will be plenty of opportunities for guidance. Deadline date for submission:The speech is to be delivered during your normal tutorial during Weeks 8 and 9 (weeks beginning 15th and 22nd April 2013). The exact time and date will be agreed with your lecturer during previous weeks. A hard copy of the speech is to be submitted to Turnitin for assessment by midnight of Monday 15th April 2013. You are reminded that a limit of 15% plagiarism is permitted.Whilst the presentation mark will be given in class, if the plagiarism score is subsequently found to have exceeded 15% then the mark will be amended accordingly (this will mean a fail in the case of excessively high Turnitin scores). Format: Speech/presentation Word limit: 750-1000 words Learning outcomes to be examined in this assessment *Demonstrate an understa nding of how language is used to promote certain purposes *Demonstrate an awareness of different writing styles and their effectiveness as a means of communication *Demonstrate presentation skillsAssessment criteria Explanatory comments on the assessment criteria Maximum marks for each section Content, relevance, originality Choice of topic appropriate for subject matter and audience. Originality of topic. 30% Verbal and non-verbal communication. Clear diction and dramatic flair. Effective body language and engagement with audience. 35 % Linguistic styleImaginative and interesting use of language, as appropriate for the topic. 35% Assessment Task: You are to write and deliver a speech (between 750 and 1000 words) on any subject and from any perspective.Note that you must not deliver the speech as yourself, but must write from the viewpoint of any person, real or imagined. This person may be from the past or future as well as the present. Marks will be awarded for the following crite ria: Use of voice and body language Originality of concept and content Appropriateness of language for the subject and audience Vocabulary and grammar Please note that there will be no specific time limitations, but you are strongly encouraged to take your time when delivering the speech.Points on the delivery and writing of the speech will be covered in class on several occasions so there will be plenty of opportunities for guidance. Deadline date for submission:The speech is to be delivered during your normal tutorial during Weeks 8 and 9 (weeks beginning 15th and 22nd April 2013). The exact time and date will be agreed with your lecturer during previous weeks. A hard copy of the speech is to be submitted to Turnitin for assessment by midnight of Monday 15th April 2013. You are reminded that a limit of 15% plagiarism is permitted.Whilst the presentation mark will be given in class, if the plagiarism score is subsequently found to have exceeded 15% then the mark will be amended acc ordingly (this will mean a fail in the case of excessively high Turnitin scores). Format: Speech/presentation Word limit: 750-1000 words Learning outcomes to be examined in this assessment *Demonstrate an understanding of how language is used to promote certain purposes *Demonstrate an awareness of different writing styles and their effectiveness as a means of communication *Demonstrate presentation skillsAssessment criteria Explanatory comments on the assessment criteria Maximum marks for each section Content, relevance, originality Choice of topic appropriate for subject matter and audience. Originality of topic. 30% Verbal and non-verbal communication. Clear diction and dramatic flair. Effective body language and engagement with audience. 35 % Linguistic styleImaginative and interesting use of language, as appropriate for the topic. 35% Assessment Task: You are to write and deliver a speech (between 750 and 1000 words) on any subject and from any perspective.Note that you must no t deliver the speech as yourself, but must write from the viewpoint of any person, real or imagined. This person may be from the past or future as well as the present. Marks will be awarded for the following criteria: Use of voice and body language Originality of concept and content Appropriateness of language for the subject and audience Vocabulary and grammar Please note that there will be no specific time limitations, but you are strongly encouraged to take your time when delivering the speech.Points on the delivery and writing of the speech will be covered in class on several occasions so there will be plenty of opportunities for guidance. Deadline date for submission:The speech is to be delivered during your normal tutorial during Weeks 8 and 9 (weeks beginning 15th and 22nd April 2013). The exact time and date will be agreed with your lecturer during previous weeks. A hard copy of the speech is to be submitted to Turnitin for assessment by midnight of Monday 15th April 2013. Y ou are reminded that a limit of 15% plagiarism is permitted.Whilst the presentation mark will be given in class, if the plagiarism score is subsequently found to have exceeded 15% then the mark will be amended accordingly (this will mean a fail in the case of excessively high Turnitin scores). Format: Speech/presentation Word limit: 750-1000 words Learning outcomes to be examined in this assessment *Demonstrate an understanding of how language is used to promote certain purposes *Demonstrate an awareness of different writing styles and their effectiveness as a means of communication *Demonstrate presentation skillsAssessment criteria Explanatory comments on the assessment criteria Maximum marks for each section Content, relevance, originality Choice of topic appropriate for subject matter and audience. Originality of topic. 30% Verbal and non-verbal communication. Clear diction and dramatic flair. Effective body language and engagement with audience. 35 % Linguistic styleImaginative and interesting use of language, as appropriate for the topic. 35% Assessment Task: You are to write and deliver a speech (between 750 and 1000 words) on any subject and from any perspective.Note that you must not deliver the speech as yourself, but must write from the viewpoint of any person, real or imagined. This person may be from the past or future as well as the present. Marks will be awarded for the following criteria: Use of voice and body language Originality of concept and content Appropriateness of language for the subject and audience Vocabulary and grammar Please note that there will be no specific time limitations, but you are strongly encouraged to take your time when delivering the speech.Points on the delivery and writing of the speech will be covered in class on several occasions so there will be plenty of opportunities for guidance. Deadline date for submission:The speech is to be delivered during your normal tutorial during Weeks 8 and 9 (weeks beginning 15th an d 22nd April 2013). The exact time and date will be agreed with your lecturer during previous weeks. A hard copy of the speech is to be submitted to Turnitin for assessment by midnight of Monday 15th April 2013. You are reminded that a limit of 15% plagiarism is permitted.Whilst the presentation mark will be given in class, if the plagiarism score is subsequently found to have exceeded 15% then the mark will be amended accordingly (this will mean a fail in the case of excessively high Turnitin scores). Format: Speech/presentation Word limit: 750-1000 words Learning outcomes to be examined in this assessment *Demonstrate an understanding of how language is used to promote certain purposes *Demonstrate an awareness of different writing styles and their effectiveness as a means of communication *Demonstrate presentation skillsAssessment criteria Explanatory comments on the assessment criteria Maximum marks for each section Content, relevance, originality Choice of topic appropriate for subject matter and audience. Originality of topic. 30% Verbal and non-verbal communication. Clear diction and dramatic flair. Effective body language and engagement with audience. 35 % Linguistic styleImaginative and interesting use of language, as appropriate for the topic. 35% Assessment Task: You are to write and deliver a speech (between 750 and 1000 words) on any subject and from any perspective.Note that you must not deliver the speech as yourself, but must write from the viewpoint of any person, real or imagined. This person may be from the past or future as well as the present. Marks will be awarded for the following criteria: Use of voice and body language Originality of concept and content Appropriateness of language for the subject and audience Vocabulary and grammar Please note that there will be no specific time limitations, but you are strongly encouraged to take your time when delivering the speech.Points on the delivery and writing of the speech will be covered in c lass on several occasions so there will be plenty of opportunities for guidance. Deadline date for submission:The speech is to be delivered during your normal tutorial during Weeks 8 and 9 (weeks beginning 15th and 22nd April 2013). The exact time and date will be agreed with your lecturer during previous weeks. A hard copy of the speech is to be submitted to Turnitin for assessment by midnight of Monday 15th April 2013. You are reminded that a limit of 15% plagiarism is permitted.Whilst the presentation mark will be given in class, if the plagiarism score is subsequently found to have exceeded 15% then the mark will be amended accordingly (this will mean a fail in the case of excessively high Turnitin scores). Format: Speech/presentation Word limit: 750-1000 words Learning outcomes to be examined in this assessment *Demonstrate an understanding of how language is used to promote certain purposes *Demonstrate an awareness of different writing styles and their effectiveness as a mean s of communication *Demonstrate presentation skillsAssessment criteria Explanatory comments on the assessment criteria Maximum marks for each section Content, relevance, originality Choice of topic appropriate for subject matter and audience. Originality of topic. 30% Verbal and non-verbal communication. Clear diction and dramatic flair. Effective body language and engagement with audience. 35 % Linguistic styleImaginative and interesting use of language, as appropriate for the topic. 35%

Ode on Melancholy †Commentary Essay

Everyone everywhere feels sadness. Whether it is everyday, or every once in a while, it is a feeling shared by all. In John Keats’ â€Å"Ode on Melancholy†, the poet expresses his views on the emotion and a mood of balance is conveyed with the help of the philosophy of the speaker, the language used and the overall message conveyed. First of all, the perspective that the poet takes when viewing the subject of melancholy creates and supports the balanced atmosphere. The poet is the speaker and he is speaking to someone, everyone, suffering from melancholy. He is informing them about how to deal with their natural feeling. In the first stanza of the poem the poet dissuades the victim of melancholy from ignoring their sadness: do not commit suicide. He is telling the melancholy people how not to treat their melancholy. He mentions that melancholy is so heavy and poisonous that ignoring it will only make it worse; victims have to abandon their negative-ness toward melancholy. In the second stanza, he says that when melancholy strikes, one must embrace it – allow himself to feel it; this is the only way to deal with it. He is presenting possible ways to deal with the melancholy. The third stanza says that melancholy, beauty, pleasure and joy are linked. Only by feeling melancholy, can one feel joy, and vice versa. The poet’s philosophy on melancholy is that only by experiencing it and accepting it can one truly appreciate and recognize joy. This is the solution to the problem of melancholy – this is how one should treat their melancholy. Thus, the poet’s point of view on the issue of melancholies, based on a balance of emotions, helps evoke a mood of equilibrium. Secondly, the language used in the poem also helps bring about a balanced atmosphere. The first stanza begins with â€Å"No, no, go,† low frequency, negative, gloomy sounds that evoke the feeling of melancholy. There are several negative images that follow. There is an allusion to Lethe, the River of Forgetfulness in Greek mythology. Other allusions to Greek mythology are Proserpine or Persephone, goddess of the underworld and Psyche who is commonly associated with the soul. The reference to Persephone reflects how Keats feels about melancholy. Like Persephone’s obligation to spend half the year in the underworld and the other on the face of the earth, melancholy can be seen as partly bad but partly good as well, since without knowing how melancholy feels, one would not know how joy feels. Poisonous plants like wolf’s-bane, nightshade and yew-berries are mentioned – likened to melancholy. At the end of the first stanza, there are low frequency sounds on the words â€Å"anguish of the soul†. This draws out the line and puts emphasis on its meaning. In the second stanza there is a simile, likening melancholy to a cloud that has fallen from the sky – heaven to be precise. Heaven is a positive word, associated with where melancholy comes from in the poem. This juxtaposition of positive and negative images also helps to enforce the point that melancholy and joy are connected. Further evidence of this is the term â€Å"weeping cloud† that implies rain, which is usually associated with dreariness, but in truth it also nourishes – it â€Å"fosters the droop-headed flowers†. The mention of the â€Å"droop-headed† flowers is sad, but the nurturing of them is happy. The mention of the word â€Å"rainbow† in line six of the second stanza adds even more reinforcement to this idea. The word â€Å"rain† has a high frequency sound – a happier sound, whereas the word â€Å"bow† has a lower frequency sound – a gloomier sound. On top of this, a rainbow requires both sun and rain to occur. The phrase â€Å"April shroud† also contains contrasts. â€Å"April† implies spring, life and happiness, whereas â€Å"shroud† implies death. Positive images that flood the senses are featured on lines five to seven. These counterbalance the negative images featured in the first stanza. There is a pun on the word â€Å"morning† in the seventh line – it could also be taken as â€Å"mourning† which is a contrasting word to â€Å"morning†. In the eighth line of the second stanza melancholy is personified. The poet refers to it as â€Å"mistress† and â€Å"her†. The term â€Å"rich anger† is used. It is a paradox, and it enforces the idea of balance. In the last line of the second stanza, the words â€Å"feed deep, deep† are employed. They all contain high frequency sounds, which give off the feeling of energy, which contrasts the melancholy. The term â€Å"peerless eyes† in the last line is a pun since it could mean that no one can match those eyes, or it could also mean that the eyes are unable to perceive. The third stanza continues the personification of melancholy. However, Beauty, Joy, Pleasure and Poison are personified as well. The poet says that Beauty, Melancholy and Joy go hand in hand in hand. The mention of the word â€Å"die† in line one of the third stanza is a negative image. There is an enjambment from line two to line three. The word â€Å"adieu† in line three of the third stanza also proposes a negative image. In line four of the second stanza, the word â€Å"poison† is used in conjunction with the term â€Å"bee-mouth†. The â€Å"bee-mouth† is a delicate image, whereas poison is a cruder one. On the last line of the poem the contrasting term â€Å"cloudy trophies† is used. Hence, the language employed in the poem, the balance of happy and sad, positive and negative helps create and maintain the mood of equality of the poem. Finally the overall message that is conveyed aids with achieving the sense of balance present in the poem. The theme of the poem is that in life everything is balanced, to value joy, one must have encountered sorrow. In order to identify beauty, one must have seen ugliness. This is achieved through the paradox – Keats’ main figure of speech. This idea is reflected in the philosophy of melancholy presented by the poet. Everyone can relate to this since there are a lot of things in everyday life that people take for granted. The idea of karma is based on this. Therefore, the universal message conveyed by the poem revolves around balance, which helps enforce the mood of balance present in the poem. In life it is important to have equal amounts of everything – good and bad. In John Keats’ â€Å"Ode on Melancholy†, an atmosphere of equilibrium is created with the help of the mantra on sorrow of the poet, the language used and the overall message conveyed.

The Namesake by Jhumpa Lahiri

The Namesake by Jhumpa Lahiri Gogol is a second-generation immigrant of an Indian Bengali family. As an America born child, he first tried to resist his parents’ Indian culture. The evidence from the novel â€Å"The Namesake† suggests that, there was a change in Gogol, when he later realizes his Indian culture. In this essay, we will try to figure out the events that indicate that Gogol later tried to accumulate the Indian culture. We will also explore that what was the impact of these events on the story.Advertising We will write a custom essay sample on The Namesake by Jhumpa Lahiri specifically for you for only $16.05 $11/page Learn More The Asian immigrants to the foreign countries especially the United States found themselves alienated from their own country. They could not assimilate into their own culture because they think that the foreign culture does not represent their ideological and cultural values. The children who are born in America do not mostly want to ado pt the life style of their parents, as they think US as their own country. Gogol is one such example. One of the prominent examples of Gogol submission towards Indian culture is his abandonment of Maxine. Gogol and Maxine had good time together. Maxine’s parents, Lydia and Gerald, also did not create any hurdle in their friendship. They even think Gogol as a US born citizen. Maxine herself had no problem with Gogol; she even expresses the desire to go India. Gogol’s abandonment of Maxine despite his father’s death suggests there was something else that prevented his relationship with Maxine. Gogol has developed a contradictory personality like his parents. His identity is divided, and could not identify between both the cultures. He stepped out of Maxine’s life for good. Recently, bumping into Gerald and Lydia in a gallery, he learned of their daughter’s engagement to another man. (Lahiri 188) The second event that is most prominent is his marriage with a Bengali girl called Moushumi. He accepted his mother’s wish to marry her despite his good relationship with Maxine. He could have easily rejected the marriage proposal, but because of his connection with the Indian culture, he was able to marry her. Third evidence of his connection with India is his family’s frequent visits to India. Indian culture was not something new for Gogol. His family’s frequent visit to India made him realize the Indian culture. Gogol’s parents wanted their children to indulge in Indian culture, because they must be able to realize this culture. However, despite all these things Gogol thinks himself as American.Advertising Looking for essay on american literature? Let's see if we can help you! Get your first paper with 15% OFF Learn More He longs for her as his parents have longed, all these years, for the people they love in India – for the first time in his life he know this feeling. (Lahir i 117) The result for retaining his parent’s Indian culture was not always favourable for Gogol. His marriage resulted in divorce and he could not maintain relationship with Bengali wife. Gogol American lifestyle was very natural; however, his realization of his culture was a spiritual bond, which was a connection to his family values and a memory for his father’s death. The death of his father revives the hidden love for his second country. We have seen in the novel that Gogol has problems with his own name. He in his early part of live moved away from his family, but later the adoptions of his old name suggest that he could not live a life ignoring his Parent’s background. Lahiri, Jhumpa. The Namesake. New York: Houghton Mifflin Harcourt, 2004.

special relativity essays

special relativity essays Shadbolt,Peter. Summers fire hits early. www.News.com 10/14/04. Yesterday on October 13, 2004 a heat wave came through New South Wales and Victoria Australia. Strong Northwesterly winds sparked brush fires . The temperatures were record highs since 1859. Rural fire services were ready to put out more than twenty spot fires yesterday. At least 50 people were evacuated. The heat also caused electricity use to skyrocket . The weather was so hot that millions of Australians turned on their air condition. The business people were said as to using the states electricity grid. One man stated that the electricity is used more these days because more people have air-condition units in Australia. The electricity load was over 4500megawatts. The Toranga Zoo in Sydney did things differently because of the heat. The zoo Keepers froze the fish in big ice blocks to feed the Kodiak bears. The bears were extremely warm because they just started to shed their winter coats ,the heat wave caught the bears early. The keepers froze fruits for the chimpanzees and the Gorillas. The frozen fruits give the animals a way of cooling down. This article informed the public of the early heat wave in Australia. It showed how the heat created fires which made people evacuate. The heat made zoo keepers work differently. This abnormal heat wave brought up the idea of the greenhouse effect , but scientists ruled it out because there was not enough evidence. Over all the article was written to tell people about the irregular heat in New South Wales and Victoria Australia. ...

The Workplace Environment Improvement at Ojuice Company Essay

The Workplace Environment Improvement at Ojuice Company - Essay Example This lack of creativity shows in the products and advertisement which affects the sales and profits. The traditional management paradigm is based on the principle of planning, organizing, staffing, controlling and directing (Fayol, 1917). However, the development in the modern management paradigms has resulted in a key inclusion in the management: Employee involvement (Parr, 1992). The workplace environment in an organization depends on a large extent on the behavior and attitude of the manager. Success of a firm is majorly impacted by the manager’s ability to understand and work with people who have different needs, perceptions, and aspirations (Kreitner and Kinicki, 2004). Managers, who believe in Theory X control, direct and coerce employees, whereas Theory Y managers believe that employees are internally motivated, seek and accept responsibility and are innovative (McGregor, 2002). Involving employees in decision making improves employee satisfaction.   In order to improve the workplace environment at Ojuice, Janice needs to change the work culture in the organization. The first thing that needs to be done is to decentralize decision making by empowering the employees. Management controls shall be set up on the basis of feedback and mentoring. Janice shall invite ideas from employees to improve any aspect of the organization. Ideas that garner maximum number of votes shall be implemented. Managers shall also encourage the culture of innovation amongst the employees. This can be done through conducting outbound sessions on innovation and creativity. Besides, the top management shall regularly communicate to the employees on the company strategy and the path. These communications can be in the form of emails, town-hall meets or lunch with senior management.  

Research Euromoney market Paper Example | Topics and Well Written Essays - 500 words

Euromoney market - Research Paper Example Eurodollars refers to the U.S. dollars deposited in banks outside the United States or these are dollars deposited in European banks (Globalization Financial Markets, n.d.). The major sources of the Eurodollars include foreign governments, dollar reserves, oil exporting countries, multinational corporations and business executives with excess cash balance deposits outside the U.S. The users of Eurodollars include commercial banks and governments. Globalization Financial Markets n.d. states that, â€Å"many commercial banks have been have been relying mostly on the Eurodollars to make loans to the exporters and importers and domestic companies.† Eurodollars instruments can be categorized into two: Eurodollar deposits, which can be negotiable certificates of deposits with floating interest rates and specified maturity time and time deposits, which have a maturity time of less than a year or Eurodollar loans, which range from $500,000-$100 million. The later also forms the major source of finance of Eurodollars among all other sources of finance. Globalization Financial Markets n.d. states, â€Å"The expansion of Euro dollars is enabled by; private and public depositors keeping their money outside the United States banks and private and public borrowers who take the Euro dollar loans.† London Interbank Offered Rate (LIBOR) is one of the world’s widely used benchmark for setting short-term interest rates set by sixteen international member banks. The rates were introduced into the financial markets in the year 1986 after two years of conducting test runs. Today, LIBOR rates published by BBA daily places a rough estimate of about $360 trillion rates of financial instruments globally. LIBOR is important, applauded by many participants of the financial markets because it is inclusive, and considers even the less preferred borrowers of money. Either LIBOR has ability to dilute Fed rate cut effects. The Euro commercial paper is short-term unsecured loan