REAL ESTATE TRANSACTIONS Essay Example | Topics and Well Written Essays - 1250 words

REAL ESTATE TRANSACTIONS - Essay Example The attorney may in that case be included in the verification of the agreements. Once the seller signs the contract, he/she is bound by it. Because most of the signed contracts cannot be cancelled, the seller or the purchaser should never sign it unless he/she has shopped around for un-doubtful bargain and had enough time to think over it. When making a real estate sale, all siblings of the seller must have agreed with the specific amount of money that the buyer is willing to give otherwise the seller cannot sign the contract. However, a contract should be entered into to function as a binding agreement that contains clearly written escape clauses that are outlined in its text. Therefore, the buyer and the seller should enter into the transaction in full agreement with the listed terms as well as with provisional clauses that allow either the seller or the buyer to break the contract. Before the transaction has closed, the seller, just like the buyer, holds the right to cancel the co ntract through some procedures (Korngold and Goldstein 56). Dr. Jones should talk to her agent and explain why he wants to get out of the contract. He should discuss the matter with the broker about whether he is not happy with the provisions of the buyer. Although escape clauses are mostly built for the buyer, sellers can as well have their own exit opportunities. An estate sale requires total agreements from the rest of the family members. If the seller’s siblings disagree over the price of the sale, the contract may have provisions that allow for its cancellation. Therefore, if the buyer is not willing to break the contract, Dr. Jones can file a case in the court that the rest of his family members have disagreed with the sale price of the land and call for its cancellation. Dr. Jones does not have any right to cancel the contract after the close of the transaction unless he engages in a discussion with the brokers, which can only allow for the change after agreements with the broker and the purchaser. Question2: After the option, period and the buyer feels like terminating the agreement and get back their deposit or the earnest money, the title company asks the both the seller and the buyer to sign a release form of their earnest money. Both parties must sign the release form that points out to whom the earnest money should go and the specific amounts before the company disburses them (Korngold 97). If the seller or the buyer cancels a valid agreement on a contract without legal justification, the person who makes the cancellation may be liable for some damages by the other person. The buyer will run the risk of losing the deposit that was placed on the estate at the time of signing of the purchase offer. Either of the two parties may be held responsible for the broker’s commission. In the same way, if the buyer decides to terminate the contract after the signing, he /she hold the risk of losing his/her earnest money. Abby can decide to notif y to Dr. Jones that she wants to terminate the contract and the seller can give her earnest money back. However, this is only applicable during the option period, the due inspection and diligence period. It becomes trickier when the option period passes. According to the agreement that had been signed by the three parties, Abby did not provide any condition for the purchase of the estate. Before a signature is laid on the contract agreement, the two

Estimate Request and Fact Sheet Form Coursework

Estimate Request and Fact Sheet Form - Coursework Example She is the founder of Global Market Millionaires, a capital ventures firm that invests in ideas of people and assists them in funding. She has served as a columnist in the New York Times with articles focusing on financial planning and investment. She holds a doctoral degree in Financial Management from Harvard University. A number of books exist in the market that addresses financial management. Authors such as Robert Kiyosaki have produced many books sold in the market that address financial management issues. The books in the market handle the topic from a storyline perspective. This book however, approaches it from an educational perspective blending in financial principles and other investor options that are applicable. The book aims at using the financial knowledge and experience of the author in the generation of sound and unique ideas that may propel the reader to an endless climb up the financial ladder Readers can be able to request for review copies of the book and the specified author’s information obtained from the individual imprints. Interested parties are urged to send emails to the appropriated addresses stated below. Unfortunately, emails cannot be forward to the book author nor can the author’s postal or email address be revealed. However, those interested can contact Random House Publishers authors’ and editors through letter or email. Random House Publishers will handle all the queries via their email address at publishers@randomhouse.com [These trim sizes are standard sizes adopted by all printers. The trim size chosen allows for the enrollment of expanded distribution at amazon.com and other e-stores. It will be eligible for bookstores and other online retailers in the expanded distribution channel. This size also gives an allowance of .125† inches that is beyond the final trim size from top, bottom and outer edges for accommodation of the full bleed area.] [Coloured diagrammatic

Common Agricultural Policy by European Union

Common Agricultural Policy by European Union The Common Agricultural Policy (CAP) is a policy, set forth by the European Union (EU). It also comprises of a set of rules that control the manufacture, trade, and processing of agricultural products. The CAP currently accounts for almost fifty percent of the EU budget, however, this number continues to decrease over the years. The CAP is significant in that it symbolizes Europes switch from sovereignty on a national level to a European level. The CAP is funded by the European Agricultural Guidance and Guarantee Fund (EAGGF).This fund is allocated into two different sections, the Guidance section and the Guarantee section. The Guidance section is one of the structural funds, which contributes to the structural improvements in agriculture and the development of rural areas; the Guarantee section funds expenditures concerning the common organization of the markets. Storage taxes, manufacture taxes, and portions of each member states Gross National Product (GNP) also finances the CAP. The Treaty of Rome, in July 1958, formed the foundation for a unified Europe via the implementation of the general objectives for the CAP. â€Å"The CAP was established as a means of rectifying the deficit in food production within Europe through supporting internal prices and incomes† (Blair 123-124). The CAP succeeded in realizing its initial goals of increased production and productivity, stabilized markets, secured supplies, and farmer protection. However, the system included problems, which became apparent as the Community established a surplus for most of its agricultural products. First, the CAP increased output beyond the markets need via the guaranteeing of prices through intervention and production aids. Second, the very success of the Cap caused tension within the Communitys trading partners as subsidized exports affected the market, and thirdly, the desire to produce more food brought with it environmental damage to certain regions (Blair 123-4). The legal base for the CAP is defined in Articles 32-38 in Title II of the EC Treaty, in which, Articles 33-34 form the basic foundation for the CAP. Article 33 lists the objectives of the CAP as a means, â€Å"to increase agricultural productivity by promoting technical progress and by ensuring the balanced development of agricultural production and the optimal utilization of the factors of production, to ensure a fair standard of living for the agricultural community, in particular by increasing the individual earnings of persons engaged in agriculture, to stabilize markets, to assure the availability of supplies, and to ensure that supplies reach consumers at reasonable prices† (europa.eu.int).Through Article 34 came the creation of the Common Organization of the Agricultural Markets (COM). These COMs were to take on one of three different forms, depending on the product. They successfully eliminate obstacles to intra-Union trade while also keeping a common customs barrier with respect to countries outside the Union. Results of the COMs include a unified market in which products move freely between nations, community preference, in which EU products are always given preference, price advantage over imported products, and financial solidarity in which all expenses by the CAP are covered by the Community budget. The CAP has had a long history of reform, and is nowhere near perfect. The main attempt of improvement came just ten years after its operation. In 1968, the Mansholt Plan in which he aimed at rationalizing farming with the community, giving farmers an adequate income and reducing the burden of subsidies in the economy was put into effect in an attempt to reduce the number of people in the agriculture business and to promote more efficient means of agricultural production. In 1972, the extensive food surpluses were targeted through the creation of structural measures designed to modernize European agriculture. This attempt at reform is generally regarded as a failure because many of the problems it tried to fix were still left unchecked. In 1983, a publication was released entitled, The Green Paper, which sought to balance the on-going differences between supply and demand through improvements in production. In 1988, the European Council agreed on various reform measures. The â€Å"a gricultural expenditure guideline,† limited the percentage of CAP expenditure in the complete budget. In 1991-92 the future of the CAP was addressed through what has been called, â€Å"The MacSharry Reforms† in which the reforms included the cutback of agricultural prices to make the products more competitive, compensation for farmers that incurred a loss in income, and environmental protection. With the positive effects on European agriculture, the reform of 1992 was generally regarded as successful. However, international trends, the expansion towards Central and Eastern Europe, the preparation of the single currency causing budget constraints, the increasing competitiveness of products from non-member countries, and a new round of World Trade Organization negotiations forced further adaptation of the CAP† (europa.eu.int). In July 1997, â€Å"Agenda 2000† was created to address many of the important issues facing the EU and the CAP. the reinforcement of t he competitiveness of agricultural commodities in domestic and world markets were the key focuses of this new agenda , the promotion of a fair standard of living, the creation of extra sources of income for farmers, a new rural development policy, revamped environmental considerations, better food quality and safety, and the simplification of CAP legislation. The European Unions common agricultural policy protects and subsidizes agriculture so heavily as to bring serious social losses to the Economic Union. The policy creates inadequacies in the agriculture sector as well as other sectors of society such as manufacturing, textiles, and service industries. Furthermore, â€Å"there have been many economic consequences of the CAP, including the high level of protection, the burdens on consumers, taxpayers, and the EU budget, environmental damage, the harm to international trading relations, and the failure to raise farmers incomes† (Howarth 4). There have been a number of negative effects on the European Union countries. First and foremost, the Common Agricultural Policy has kept agricultural prices in the member countries above world market prices. â€Å"The CAP has encouraged production of certain products to the extent that net importers of these products have become net exporters† (Rosenblatt 9). Also, the CAP has contributed to large agricultural net export or stock-building by the European community. This has contributed to the CAP hindering the economies of the EU member countries. Higher food prices, which the CAP causes, and which fall hardest on the least well off, hinder economic development and reduce international competitiveness and EU employment. Consumers lose twice under this policy since they have to pay higher prices for their good and pay taxes to subsidize the agricultural sector. The CAP has also led to inefficiencies in production and the European Unions total budget. The European Unions expenditures on agriculture consume roughly 45 percent of their total budget (Rosenblatt 36). The expenditures are paid to keep farmers from letting land go idle, and there is no condition on what types of crops are to be grown on this land. Under the Common Agricultural Policy, farmers tend to harvest more profitable crops on land that is not as suitable for their growth. For example, producers have switched over from producing wheat and oil seeds to butter because the EU has such a high price support for it. This causes the market to go from excess supply to excess demand, and the producers are becoming a net exporter of butter (Pugel 312). Thus, farmers may actually grow crops for which production costs are not covered by the prevailing market prices, but payments make production of these crops profitable to them. The CAP has also caused concern for the environment as well as concerns for the economy. Because of the subsidies provided to farmers, they have the incentive to produce more agricultural products because they will receive more money. The CAP price policies have encouraged intensive farming and the overuse of antibiotics, pesticides, and nitrates. This has put a strain on the environment and has concerned the people of the European Union. The policy did not foresee farmers overproducing and over using chemicals, but this has become an indirect cost created by the policy. Europeans are also concerned with food safety because of farmers using so many chemicals in production. Farmers have been getting away with using the chemicals and unsafe practices because of the limited food safety regulations. Policymakers believed that high price supports would lead to higher food safety and quality. â€Å"High support prices do not increase either food safety or quality: indeed, minimum prices a nd intervention guarantees encourage low quality and standardized produce† (Consumers in Europe group). Under the CAP, the European Union countries have shifted from net importers to net exporters of food products. With the EU subsidizing the agricultural sector so heavily, as to raise some sectors, such as non-grain crops, to eight times larger than it would normally be at (Borrell 18). This has drawn resources and labour out of other sectors of the economy and into the agricultural sector because of the subsidies. â€Å"These costs and resource misallocation reduce the total output and income of the European Union† (Borrell 18). Borrell charts the percentage changes in specific industries due to the CAP in the EU. For example, the CAP has caused negative changes in the following industries: construction and utilities are down one percent, the service industry is down two percent, the manufacturing sector in down almost five percent, and other primary products are down almost six percent (Borrell 20). This information demonstrates that CAP is taking away resources from these se rvice type industries and placing it in the agricultural sector. The transference of these resources is coming at the cost of the consumers, taxpayers, or society as a whole. The effects of the EU Common Agricultural Policy have not just altered the European Unions economy, but it has also restructured other economies throughout the world. The CAP has caused farmers to produce a surplus of agricultural goods in the EU. This has led to dumping of these products into other countries. As a result, importing countries have shifted away from producing agricultural goods to goods such as manufacturing, construction, services, and other primary goods. The United States and Canada have experienced a decrease in agricultural production due to the CAP. Combined, the United States and Canada have experienced a decrease of approximately 8.1 percent across primary agricultural goods (as much as 13 percent for non-grain products to as low as 2.9 percent for meat products) (Borrell 23). Also, with cropping exports down between 26 and 45 percent, this shows implications that output has been dropping in the cropping sector. The effects of the CAP have also shifted resourc es in Australia and New Zealand from agriculture to other primary industries. These countries have experienced an expansion in the mining and forestry industries of 7.5 percent (Borrell 21). These examples display how the CAP has suppressed exports of agricultural products and has led to the allocation of resources into other industries in other countries. It is apparent that the Common Agricultural Policy has been and is causing problems not only in the European Union, but it has also been creating problems in the rest of the world. What the CAP has effectively done to the European Union is that it has caused it to become a net exporter of agricultural products when it should be a net importer of these goods. The EUs policy has changed the world markets for agricultural goods and has imposed significant costs to the EUs consumers and taxpayers. Consumers and taxpayers in the EU bear most of the cost of 70 to 80 million US dollars a year, which is used to increase farmers incomes. The taxpayers and consumers are responsible for this increase in cost, which in turn causes an increase in unemployment. â€Å"The CAP was responsible for a loss of one million jobs in the EU manufacturing sector alone. The EU unemployment rate is currently around 10 percent, which is currently 40 percent higher than the OECD (Organization for Economic Co-Op eration and Development) average† (Borrell 20). It is clear that the Common Agricultural Policy is responsible for increases in unemployment, increases in taxpayer cost and consumer burden, drops in farmer income, and harm to international relations. If the CAP were not implemented, many of these issues would be alleviated. There have been significant losses to the European Union as a whole because of the CAP. To understand, however, what this does to an individual country, an analysis of Britain experience must be looked at. In 1973, Great Britain entered the European Community and, therefore, accepted the Common Agricultural Policy (CAP). The acceptance of the CAP caused Britain to move from an agricultural market of free trade and cheap food, to an agricultural market that became the pawn of the European Unions protectionism (Harvey 2). The CAPs main goal was, â€Å"to keep agricultural markets stable, ensure that farmers earn a fair living, and provide consumers with affordable food supplies† (Think quest Library 2). The CAP achieved many goals it set out to accomplish. The very generous price supports to farmers and technological innovation have caused surpluses that are not being offset by a decreasing demand. The CAP has run into criticism in recent times by both British consumers and taxpayers alike, and many citizens and even farmers are calling for its reform. One recent event that caused the European Union to rethink the restrictions of the CAP was the outbreak of mad cow disease in Britain. British cattle that were infected by mad cow disease experienced nervous system breakdown and eventually death. The beef industry suffered in Britain and many of the cattle had to be put to death because they were not suitable to eat. Therefore, the European Union, in 1996, had to impose a British beef export ban (Barclay 21). The ban, and the fall in beef consumption in the UK market, caused the United Kingdom cattle market to lose sales totalling 800 million pounds (Barclay 22). The British were not allowed to export tainted beef to member countries and many member countries feared to import any British beef (Barclay 22). The CAP has hurt Britain in more ways than one. British consumers have been burdened by higher domestic agriculture prices because of CAP policies when they could easily go buy the same product cheaper in the world market. The taxpayers in Britain have been burdened by taxes the European Union imposes to finance subsidies to farmers. Undoubtedly, the United Kingdom would still have to face the mad cow dilemma regardless of its prior entry in the Union. However, the British would be able to develop a unilateral policy in which they would be free from the strict requirements of the European Union.

Melancholic Hamlet Essay -- Essays on Shakespeare Hamlet

Melancholic Hamlet  Ã‚   Hamlet is a melancholic young man who does not value human life; however, he will do anything it takes to accomplish his main goal: revenge on Claudius for the death of his father. In his seven soliloquies we learn that Hamlet has become melancholic, violent, and suicidal. There are several incidences where these emotions are expressed. His melancholic attitude is very apparent in the second scene of Act I, when he suggests that his mother, in mourning his fathers death, is simply acting the part of a grief stricken widow, while he is a truly heart broken son. Another example from his first soliloquy of his melancholic state occurs when he discovers the rapid marriage of his mother and his uncle, where he finds himself both sad and mad at the fact that his mother could move on so quickly. Hamlet’s violent attitude can be blamed on the fact that his father was murdered and he wants revenge. An example of his violent attitude is in his sixth soliloquy where he sees the king pray ing in the church. Hamlet feels as though he should just kill him in that same instance, but then decides not to. Another instance of his violent behavior is when he sends Rosencrantz and Guildenstern to their deaths and feels no remorse in doing so. Hamlet’s suicidal state can be accounted for because he is a confused young man. Throughout the play his father had been murdered, his mother almost instantly re-married, he himself had gone mad, and thus he is confused because he has so many negative feelings towards himself and the easiest way out is suicide. Another example occurs in his forth soliloquy when he reasons whether suicide would be the better and quicker solution. All of Hamlet’s emotions cause him to have a clo... ... not commit suicide because he realizes that it would be best to accomplish his goal and kill the king so he could avenge his fathers death. Hamlet is a melancholic, violent, and suicidal character, as a result of the events that have occurred in his life. Such events as the murder of his father, the quick marriage of his mother, and the ghost’s insistence on revenge caused Hamlet to have these emotions. The murder of his father caused Hamlet’s melancholic and violent state. The quick marriage caused more violence and confusion in his life. The ghost’s insistence on revenge caused more violent behavior. As a result of all the events that occurred Hamlet became extremely suicidal because he was confused with how he should solve his problem. Everyday people are faced with similar situations and it helps us to relate to the same pain that Hamlet felt.      

Feasibility Study on Investment in Brazilian Paper and Pulp Industry

IMG-6 Global Business Environment Feasibility study for investment in the Brazilian Paper and Pulp Industry Report By: Ashish Jindal (063011) Avneesh Luthra (063012) Aayush Singhal (063013) Deepak Arora (063014) Feasibility study for investment in the Paper and Pulp industry in Brazil An overview of Brazil Brazil is the largest country in South America. It is the world’s fifth largest country, both by geographical area and by population, with over 192 million people. It is the only Portugese-speaking country in South America. Brazil is the largest national economy in Latin America.It is the world’s sixth largest economy at market exchange rates and seventh largest in terms of purchasing power parity, as per the International Monetary Fund and the World Bank. Brazil has a mixed economy with abundant natural resources. The Brazilian economy has been predicted to become one of the five largest in the world in the decades to come. It has large and developed agricultural, mi ning, manufacturing and service sectors, as well as a large labour pool. Brazil’s current GDP is estimated to be $2. 294 trillion and Per Capita GDP $11,769The Paper and Pulp Industry in Brazil Brazil is the largest producer of paper and pulp in South America. On the world stage, it is the 4th largest producer of pulp with a production of 13,315,000 tonnes and 9th largest producer of paper with 9,428,000 tonnes (2009). Brazil’s Pulp & Paper Production Source: Bracelpa Brazil is predominantly a tropical country. As a result, the soil and climate in most regions of Brazil are favourable to forest growth. The main geographical areas in the paper and pulp industry are the states of Sao Paulo, Parana and Santa Catarina.Furthermore, eucalyptus trees in Brazil have short growing cycles (approximately 7 years), compared to 10-12 years in Chile and 25 years in the United States. Thus, production of wood in Brazil requires less time and a smaller growing area when compared to Eu rope and North America, resulting in higher yields. Industry Overview- 222 companies spread in 539 municipalities, located in 18 states. – 2. 2 million hectares of planted area for industrial use. – 2. 9 million hectares of preserved forests- Total certified forest area: 2. 0 million hectares- Exports 2010: US$ 6. billion- Trade Balance 2010: US$ 4. 9 billion- Taxes: R$ 2. 2 billion- Investments: US$ 12 billion in the last 10 years- Jobs: 115 thousand direct jobs (industry 68 thousand, forests 47 thousand) and 575 thousand indirect jobs. | Source: Bracelpa, March 2011 Macro Environmental Analysis Political & Legal environment The Foreign Direct Investment regime in Brazil has been fairly liberal and foreign capital is viewed with sympathy by the large majority of political currents and parties, who see it as a source of employment and modernization of the economy.The 1990s saw a host of path-breaking liberalisation reforms in the Brazilian economy. Certain investment p olicies were formulated in the 90s to attract more FDI in to the country. The Central Bank of Brazil simplified the registration procedure for FDI inflows. This led to a decline in the administrative costs associated with the entry of FDI inflows into Brazil. A series of constitutional amendments were enacted within 1995 and 1996, which helped remove constitutional distinction among national companies and foreign companies.In 2002 Investe Brazil was set up to promote investments in Brazil. Despite a formally well functioning business environment, corruption and bribery are still serious obstacles to doing business in Brazil, especially in business dealings with the government. Multiple corruption scandals have emerged over the years, involving politicians and bureaucrats taking kickbacks from companies in exchange for awarding public contracts. The levels of bureaucracy and lack of transparency in rules make Brazil a difficult country to do business in. Economic EnvironmentThe paper and pulp industry is one of the mainstays of the Brazilian economy. The Brazilian paper and pulp sector is comprised of nearly 200 companies. Most companies in this sector are privately owned. Foreign-owned companies account for about 6% of the output. Therefore, there is great scope for foreign investors to enter into Pulp & Paper Industry in Brazil. Latin American Pulp and Paper Producers Composition in 2010 In recent years, there has been a marked increase in paper consumption in Brazil, which is an important indicator of the economic development of a country.Between 1997 and 2008, the average annual rate of paper consumption increased by approximately 3% per year, reaching 9 million tons in 2008, according to estimated figures from Bracelpa. Improvements in the purchasing power of Brazil's citizens have led to growth in the newsprint market (up to 18% in 2009). In the same year, 21% of paper and board and 33% of pulp production was exported. Brazil’s paper industry has p otential for growth in both the domestic and export markets. Domestic consumption has huge growth potential, because per capita consumption in Brazil is still low when compared with other developed nations.Consumption of paper and board in Brazil is close to 44 kg per capita. Furthermore, differences are enormous between the north and south-east parts of the country. In Western Europe, consumption of paper and board is 173 kg and in North-America 333 kg per capita. Social Environment Brazil has skilled labour in abundance. Minimum wages in Brazil are way lower in comparison to other nations. Brazilian legislation is, however, relatively inflexible and outdated in relation to labour costs, making things complicated. A continued shift towards a wealthier population has been apparent in Brazil since 2004.There has been significant growth in the populations’ real disposable income. Strong consumption (Household consumption above 60%, Government consumption close to 20%) has been supporting Brazil’s growth profile over the past two decades. Formal job creation increased from 1. 2 million jobs in 2009 to 2 million jobs in 2010. The cost of living in Brazil is approximately 30% lower than in the UK and Europe, and for those with a foreign income there is a guarantee of value for money. Technological ; Natural FactorsBrazil’s high technology and natural advantages in forestry make it one of the world’s lowest-cost producers of pulp, and in the last 20 years Brazil has become an important pulp exporter. Brazilian exports of high quality papers to Europe are growing in volume, and expected to increase in the near future. This growing market is truly attractive and one can grab the share in this market by setting up a new industrial venture in Brazil. However, this industry sector is very competitive for reasons like state-of-the-art mills, sound management and well-established plantation forestry technologies.Furthermore, availability of raw material is not a problem in Brazil as there is huge availability of good quality raw materials required for extracting and manufacturing pulp and paper. By analyzing the rotation and yield comparison of different pulp species in different countries, it is found that Brazil has the best rotation (years) and yield (m3/ha/year). This shorter maturing period also enables Brazilian producers to expedite the process of genetically improving the Eucalyptus species utilized Species| Country| Rotation (years)| Yield (m3/ha/year)| Eucalyptus| Brazil| 7| 44| Eucalyptus| South Africa| 8-10| 20|Eucalyptus| Chile| 10-12| 25| Pinus spp| Brazil| 15| 38| Pinus spp| Chile| 25| 22| Pinus spp| New Zealand| 25| 22| An association named ABTCP – Brazilian Paper and Pulp Technical Association – is currently one of the most important associations worldwide in its segment. It was established with the purpose of technically qualifying the paper manufacturers in Brazil, in order to raise basis f or a sustainable industry. In addition, technological development in the paper ; pulp industry has been supported by the research efforts of major producers and by financing from BNDES, the Brazilian Development Bank.Opportunities The paper and pulp sector in Brazil is fast becoming the third largest in the world. The financial crisis of 2009 affected the Brazilian pulp and paper industry greatly. Brazil ultimately postponed its investment programmes. However, with the economy showing signs of recovery and emerging market’s increase in demand, those programmes have resumed Over the next seven years, an estimated US$20 billion is going to be invested in the nation’s forest base and in the construction of new mills. 10 new plants are due to be built in Brazil by 2020. At this moment pulp production is at 13. million annual tonnes, by the end of 2017 this is expected to reach 20 million annual tonnes. Also, during the same period, planted forest areas are predicted to gro w by 25% and paper production will rise from 9. 3 million tonnes to 12. 5 million tonnes. This has all come about through the new global scenario in the pulp and paper sector. While the international financial crisis reduced global consumption, prices and raw material demand in traditional markets it also opened up opportunities to expand sales in growing markets, in particular China and India.Challenges The pulpwood market in Brazil has gone through major transformations. From a point where it had the lowest conifer fibre costs in the world, it now is close to the global average. Any rise in fibre costs is a concern for forestry companies as the key factor determining a company’s global cost competitive position remains its raw material base. Brazil also faces a strong challenge as businesses in Brazil have to deal with a number of problems, which includes bulky tax regulations, inefficient government bureaucracy, and corruption.Brazil has become less competitive in the last few years as a reason of this. Conclusion The Brazilian paper and pulp industry offers enormous potential to potential investors. The industry, with its advantage in terms of rotation, is expected to grow substantially in the coming few years with various investment programmes being in the phase of implementation. There is the challenge of a complex bureaucratic environment but the long term benefits outweigh the costs. FDI is thus recommended. Bibliography http://pulp-paperworld. om/ex1/item/768-abtcp. html http://www. forestry-invest. com/2010/brazil-becomes-world%E2%80%99s-3rd-largest-pulp-and-paper-producer/513 http://www. bracelpa. org. br/bra2/sites/default/files/estatisticas/booklet_eng. p df http://www. roundtownnews. com/rtn-features/rtn-money/item/36741-ten-reasons-to-invest-in-brazil. html ftp://ftp. fao. org/docrep/fao/009/j9425e/j9425e04. pdf http://riotimesonline. com/brazil-news/rio-business/brazil-among-most-expensive-for-business/# http://www. pulpandpapercanada. c om/news/the-case-for-brazil/1000225895/

Mud crab

I. Problem/QuestionThere is currently an increasing commercial viability of mud crabs especially in subtropical countries. However, due to seasonal factors affecting the spawning of these species, there a need to develop methods for â€Å"year-around larval production† (Zeng, 2007, p. 1478-1479) arises. There are no current techniques that would enable this process. Therefore, this study investigated on the feasibility of out-of-season mud crab spawning induction. It also determined whether in vitro incubation of eggs is possible.   An evaluation of the temperature effects on the rates of embryonic development of mud crabs was also conducted. This is in order to provide predicted dates of hatching for berried mud crab females (Zeng, 2007, p. 1478-1479). II. Experimental procedures/MethodThe researchers kept female individuals of S. paramamosain in 1000L tanks. These holding tanks contained seawater, filtered with sand, with constant salinity of 29-32 g/L but with uncontrolle d temperature between 10-30  °C.   In order to determine the â€Å"proximate maturation index (PMI)† (Zeng, 2007, p. 1479), crab ovarian development was regularly checked every fortnight using a calliper to measure the width of the strip of light in the carapace when shone with bright light from underneath (Zeng, 2007, p. 1479).The induction experiment was started with the random selection of mature subjects with