There is no alternative

energy is the life blood of modern civilizations, Oil has been dominant in powering almost all machines that move and this makes oil uniquely versatile. Oil powered airplanes carry 500 people across the widest oceans at nearly the speed of sound. Oil powered machines produce and transport food. Oil powered machines are clearly ubiquitous and our dependence on oil as fuel and source of energy cannot be over-emphasized. Clearly, we live in the age of oil, but the age of oil is gradually

JEL Classification: G2, E4. L5 Abstract: Capital requirements are traditional viewed as an effective form of prudential regulation – by increasing capital the bank internalizes more of the risk of its investment decisions. While the traditional view is accurate in the sense that capital requirement can be effective in combating moral hazard, we find, in contrast, that capital requirements are Pareto inefficient. With deposit insurance, freely determined deposit rates undermine prudent bank behavior

Partnership Law §1. Introduction This is a type of business entity that is still very common in the US. There are two million of partnerships in the United States. They generate 2 and a half trilliard dollars. One of the consequences of a partnership is that all of the partners are personally liable for the debts and obligations of the partnership. All of the partner’s personal assets are exposed to potential recovery for debts against the partnership. For that liability, it doesn’t matter

chunk of ice. “Have you gone crazy?” I said, not moving.” put it down!” “I believe this is the most important moment in my life,” she said. “You and I are the only two who know Paul is dead. You don’t realize yet how essential it is that no one else should know. Now listen, Johnny, you can either come in with me or I’m going to kill you. There’s no ether way I can be certain you’ll keep your mouth shut.” “There isn’t time to tell you what it’s all about,” she went on. “But if you come in with me

. . 69 Additional issue : Public service of electricity . . . . . . . . . . . . . 70 2.6.1 Electricity service : liberal and universal ? . . . . . . . . . . 71 Appendix . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 73 3 Why It Is So Hard ? A History of Highway Concession Contracts in Poland 79 3.1 Introduction . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 79 3.2 3.3 3.4 The genesis of highway construction in Poland . . . . . . . . . . . . 81 Project schedule

proverb” in Warren Dean, With Broadax and Firebrand: The Destruction of the Brazilian Atlantic Forest ) As the symbol that the physis chose as one of its guises around last century’s end, Amazonia has now become an arena in which a decisive match is being played: the players involved, bringing together the micro and macro-political in unprecedented ways, compete over the meaning of the future. Leaving behind the dialectics of State and Nature, these two imaginary totalities that have been reciprocally

standard in the application of HR: there are the American people and the others; there are national norms and the others. It is in that context that the state secret privilege doctrine must be read. To define briefly this doctrine, it is that according to which some information that could endanger national security should not be divulged during a trial, especially in the field of war and foreign affairs. Before explaining thoroughly the extent of that doctrine, it is necessary to dress a quick catalogue

Directors' & Officers' Liability Insurance: The Issue of "Non-Indemnifiable Loss"[1] By Donna Ferrara (2004) I. INTRODUCTION For anyone who has been living on a desert island, there is a crisis in Directors' & Officers' Liability Insurance ("D&O")[i].' It was a long time coming. One carrier's website reports dismally that in 2001, rates had dropped to half of their level in 1996, while D&O exposure had grown by one thousand percent[ii]. After ten years of increasing claims frequency and severity

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Página 2 de 200 Language is a social art. In acquiring it we have to depend entirely on intersubjectively available cues as to what to say and when. Hence there is no justification for collating linguistic meanings, unless in terms of men's dispositions to respond overtly to socially observable stimulations. An effect of recognizing this limitation is that the enterprise of translation is found to be involved in a certain systematic indeterminacy; and this is the main theme of Chapter II. The