Movie REVIEW Essay Example | Topics and Well Written Essays - 500 words

Movie REVIEW - Essay Example He was someone who excelled in almost every task assigned to him and it made Nick jealous of him and then starts the process of how professional jealously actually intervenes with the personal lives and can take its toll on the performance of the employees working at each level. A closer look at the character of Nick Falzone would suggest that Nick was working in a profession which was not only stressful in terms of work requirements but also had relatively higher employee turnover. Due to the difficult work situation, Nick was in a position to respond to the situations in a relatively tensed and stressful manner so that he not only can establish his authority within the department but also establish himself as someone who is high performing and upon which department relies upon when required. It is also clear while watching this movie that competition or professional jealousy between the employees not only hurt their personal lives or also their professional duties and responsibilities. it is evident that when competition between the employees can result into negativity and low productivity if the emotional side of the employees is not managed properly. The role of the organization therefore is of critical nature in such situations to help employees to balance their emotional and personal sides with effective stress management at work and in personal lives. It is clear that Nick was following stress model because underlying his behavior was the stress which was arising from his deep rooted fears that he was working in an industry where jobs were relatively difficult and tough to perform. Apart from this, his personal life also seem to suggest that he was acting under the stress and was willing to do anything to preserve his ego and dominance over others. Underlying the stress model is the basic assumption of our behaviors being driven by the fear and love. It is

Individual Midterm essay exam- Great Britain Example | Topics and Well Written Essays - 500 words

Individual Midterm exam- Great Britain - Essay Example When one focuses on how Weiner discussed about multiculturalism in Great Britain, it gives interesting and insightful perspectives. In the chapter titled â€Å"Great Britain†, Weiner goes to the city of Slough, which is located near London in U. K. In association with BBC, Weiner conducts a happiness experiment in Slough by taking around fifty volunteers and making them part of an twelve weeks happiness regime. Apart from finding the results and interpreting it, Weiner makes certain key inputs regarding multiculturalism. At the outset, he brings out how multiculturalism has given both advantages and disadvantages to Slough and Great Britain as a whole. Great Britain is home to people from various ethnicities and that has given certain advantages particularly in the enrichment of cuisine, but has also led to certain socio-political issues. Slough, like much of Britain, is multicultural. On the one hand, this welcome news. The immigrants have spiced up bland British cuisine, as well as the bland British personality. On the other hand, this influx of immigrants has brought problems. Most notably, Islamic terrorists (Weiner 326-327). Although, Weiner’s latter perspective of how immigration has led to Islamic terrorism might be controversial, it cannot be totally overlooked. On the other hand, as mentioned above, influx of immigrants has accentuated the diversity of the country and has even contributed to a better understanding of cultures of other countries. That is, as immigrants from other countries are living in high numbers in many localities in Great Britain, including in Slough, it provides the native British people more opportunities to interact and socialize with them thereby understanding and appreciating other cultures more. Weiner even goes to the extent of stating that by being in Slough and experiencing

Running Head Quattroporte Inc Foreign Based

Running Head Quattroporte Inc Foreign Based As executives with the Canadian-based software company, Quattroporte Inc, we were charged with identifying the most suitable location for opening a foreign-based subsidiary to process sales outside of North America. Offshoring will help maximize profits for our organization which is in a period of hyper growth. As part of this study our team will be looking at the jurisdictions of Ireland, Gibraltar and the Isle of Man. To analyse the suitability of the aforementioned jurisdictions we will be discussing issues of globalization, tariff and non-tariff trade barriers, trade regulations, regional trading arrangements, international factor movements and multinationals, foreign exchange and risk strategies, international/regional banking factors, professional services support, taxes, capital flow/repatriation of profits, IP rights, political and policy direction, and country risk/freedom. Selection criteria will be explained and weighed for each jurisdiction. Results of this analysis will yield information which will inform managerial decision-making in establishing our foreign-based subsidiary. IRELAND Background Over time, Ireland has become a significant offshore jurisdiction. A full-fledged member of the European community, it has managed to attract significant international business commitments through its attractive taxation reductions. Lying to the West of Great Britain, having gained independence from the latter in 1922, this English speaking country of 3.5 million (1.2 million live in Dublin) is governed by a democratically elected parliamentary government. Population 4.7 million Labour force 2.1 million Unemployment rate 14.6% Public debt 118% of GDP. Communication Ireland possesses a modern digital system using cable and microwave radio relay. Transportation Ireland benefits from an extensive network of airports (16), railways (3,237 km), roadways (96,036 km), waterways (956 km), and a merchant marine (31). Government Ireland is a republic and has a parliamentary system of government. The head of state is the elected President of Ireland who serves for a 7-year term. Ireland also has a prime minister (called the Taoiseach) who is nominated by the House of Representatives (called Dà ¡il Éireann) and then appointed by the president. Besides the lower house, the House of Representatives, there is also an upper house, the Senate (or Seanad Éireann). Ireland is a member of the European Union and one of the original 11 countries to adopt the euro as its currency in 1999  [1]  . Ireland is politically stable and their government is well on its way to reduce planned reductions of public servants. Economy Since 2008, Ireland has suffered from a significant debt-laden bust following the Celtic Tiger boom which had been predicated on debt and an unsustainable housing bubble. Although they experienced a significant drop in economic activity following the 2008 financial crisis, the Irish government has made significant efforts to rectify the situation. This has included the establishment of a National Asset Management Agency (NAMA) in 2009 and across-the-board cuts in spending  [2]  . Half of the top 50 banks and 20 insurance companies are hosted in Ireland. In 2008 the International Financial Services Centre (IFSC) investments were equivalent to 11 times Irelands GNP. The Irish Stock Exchange hosts about a quarter of international bonds. Taxation Since October 1999, all Irish companies are liable to Irish corporation tax (regardless of where they are controlled or owners country of residency), they are no longer tax-free entities and must therefore pay Irish corporation tax, register with Internal Revenue Commissioners, and file annual tax returns. They have also established an extensive network of tax treaties which include the provision of exchange of information. This makes it important to ensure that management is based somewhere fiscally neutral. The following three principal elements make Ireland stand out as a tax haven  [3]  : Corporate Taxation in Ireland is set at 12.5% on profits for all trading companies (non-trading income is taxed at 25%). A 25% corporate tax rate relates to passive income whereas capital gains tax is 30%. Near-absence of transfer pricing rules (source of loopholes in international tax) lets multinationals artificially relocate their profits away from Ireland, usually via transfer pricing mechanisms, to lower-tax or zero-tax jurisdictions. As such, large portions of multinationals profits are sheltered from Irish tax. Membership in the European Union grants Ireland political stability and special access to European markets, membership has also kept it tax haven blacklists (e.g. Caymen Islands and Bermuda), and many countries that would apply withholding tax on interest paid to traditional tax havens do not apply them to Ireland because its classified as onshore. Relationships with International Bodies Overall, Irelands place within the European Union, weak rules on transfer pricing, and broad network of tax treaties make it particularly attractive for offshoring. Case in point, according to a recent study, 60% of companies pay no to virtually no corporation tax. Effective tax rates were estimated at 7.3% in Ireland compared with 37% in France and 26% in Canada  [4]  . This has resulted in other European countries crying foul play and also triggered beggar-thy-neighbour policies. They still have much work to do to implement better financial transparence. Intellectual Property Protection Ireland ranks 7th on the Global Intellectual Property Index (GIPI)  [5]  . Ireland is a common law jurisdiction with an independent and efficient court system, a wide range of legal protections for the creators/owners of Intellectual Property Rights and the possibility of obtaining generous state grant assistance with research and development projects. Isle of Man Background The Isle of Man is an internally self-governing dependency of the British Crown and the people are British citizens. It is not formally part of the United Kingdom but is within the British Isles. The Isle of Man has its own currency the Isle of Man pound (Manx) that runs at par with the UK pound. Douglas is the Capital city and the largest town and the entire island is very small at 570 sq. miles. The primary language for business is English. The unemployment rate is very low at 2.6% and the standard of living is high with a life expectancy of 80.76 years and has a very low crime rate. Population 85,421 Labour force 41,790 Unemployment rate 2% Public debt Nil. Communication The Island is known to have a world-class telecommunications infrastructure and offers a full range of services including voice and data communications. Transportation The Isle of Man is very small and has therefore very little transportation infrastructure. It has one airport, a small railway (63 km), roadways (500 km), and a sizable merchant marine (98). Although 321 ships are registered in the Isle of Man, 223 of these are foreign owned. Government The head of the Isle of Man Government is the Lieutenant Governor. The executive head is the Chief Minister. The capital contains both the government offices and the parliament chambers. (Tynwald). The Isle of Man is claimed to be the oldest continuously operating government in the world. It is a dependency of the Crown so is able to set many of its own laws except on issues of defense, foreign affairs and consular services. Isle of Man contributes financially to the UK for these services and protection. Economy The Isle of Man has a very impressive track record regarding its economic success. The Isle of Man has been a remarkable economic story in the past three decades and has benefited from 28 years of continuous economic growth as quoted from an Ernst and Young Report, Isle of Man: Economic Report dated May, 2012. The GDP of  £3.2 Billion ($4.9bn US) is very high for a population of only approximately 85,000 people  [6]  . The Isle of Man also enjoys full and free access of Industrial and Agricultural goods movement with the European Union under Protocol 3 of the Treaty of Succession. Isle of Man has been successful in diversifying its economic base away from Agricultural to more diverse selection including financial services, aerospace and information communication technology (ICT). Taxation The Isle of Man sets its own taxes independently of the United Kingdom. The Isle of Man has no separate corporate, estate or inheritance or gift taxes. Income tax is levied at relatively low rates and VAT (Value added tax) is applied in a very similar manner as the UK. Companies are subject to income tax and not a separate corporate tax. Income tax is often zero unless they are engaged in earning profits from Isle of Man land e.g. rental income or property development or from banking then the rate of tax is 10%. Residents of the Island pay up to 20% of their total income to a maximum of 120,000 in tax which has proven attractive for the very wealthy. Capital gains tax is zero  [7]  . Since many view the Isle of Man as a tax heaven there are certain risks with this location. For example the Subsidy towards VAT has been removed by the UK to the Island in the amount of  £200 million yearly which has a big impact on their ability to keep taxes at zero. Also, there can be a negative connotation from working out of an area that is known to be a tax heaven. Relationships with International Bodies The Isle of Man became recognized as part of the WTO under the United Kingdoms ratification agreement in 1997. Also OECD (Organization for Economic Cooperation and Development) recognizes the Isle of Man as a member under the United Kingdom. Other bodies such as FATF, FSF and the IMF all have the Isle of Man in good standing with high levels of controls and protections in place. IMF had done a detailed assessment of the Isle of Mans regulatory and anti-money laundering framework in late 2002 and determined that Isle of Man had a high standard of compliance with all assessed areas  [8]  . Intellectual Property Protection The Isle of Man has a modern system of copyright protection. Computer software is protected in the same manner as prescribed in EC directives. The Isle of Man does not have its own trademark register but the UK system extends to the Island. UK trademarks are protected under Isle of Man civil law. Similarly, UK Patent law extends to the Island and Isle of Man law protects UK registrations. The UK ranks in 2nd place on the Global Intellectual Property Index (GIPI) slightly behind 1st place Germany  [9]  . GIBRALTAR Background Strategically significant, Gibraltar was relinquished to Great Britain by Spain in the 1713 Treaty of Utrecht. This led to the British garrison being declared a colony in 1830. In 1969, Gibraltar was granted autonomy by the UK which led Spain to close their border and sever all ties. Between 1997 and 2002, the UK and Spain held talks aimed at establishing a temporary joint sovereignty over Gibraltar. This move was however rejected by most Gibraltarians following a 2002 referendum. Tripartite talks have continued since 2004 with the hopes of resolving current disputes and developing cooperation agreements dealing with such things as taxation, communications, customs services, and other contentious issues. In 2009, a dispute over territorial waters gave rise to sporadic non-violent confrontations between Spanish and UK naval patrols. Of particular importance is the non-colonial constitution which was enacted in 2007, and the European Court of First Instance recognizing Gibraltars right to regulate its tax regime. The UK is however still responsible for looking after matters of defence, foreign relations, internal security, and financial stability  [10]  . Population 29,034 Labour force 12,690 Unemployment rate 3% Public debt 7.5% of GDP Communication Adequate, automatic domestic system and adequate international facilities. Transportation The Isle of Man is very small and has therefore very little transportation infrastructure. It has one airport, few roadways (29 km), and a small merchant marine (13). Although 267 ships are registered in Gibraltar, 254 of these are foreign owned. Government The monarchy is hereditary; governor appointed by the monarch; following legislative elections, the leader of the majority party or the leader of the majority coalition is usually appointed chief minister by the governor. Economy Gibraltar adheres to the common law charter and its workforce is highly-educated. The Gibraltar Pound serves as the official unit of currency (in monetary union with the UK pound sterling). No foreign exchange regulations are in effect and complete freedom exists to move funds in and out of Gibraltar as well as the ability to convert funds to any other currency. Taxation The overall corporate tax rate is 10%. Companies pay tax on income that is accrued and derived in Gibraltar. If it can be proven that said income is not accrued and derived in Gibraltar, the income is non-taxable. The company can apply to the Commissioner of Income Tax to have this confirmed in an advance tax ruling (subject to certain conditions and restrictions). Furthermore, there are is Capital Gains Tax in Gibraltar  [11]  . Relationships with International Bodies As a member of the European Union, Gibraltar is subject to almost all European Law. Gibraltar can already take advantage of European Union directives that facilitate cross border business within the European Union in respect of insurance, banking and investment services. Gibraltar licensed or authorised financial institutions can provide services throughout the EU and EEA without having to seek separate licenses or authorisation in the host Member State. This is known as the passporting of financial services. Intellectual Property Protection A companys trading name, product/service brands, associated strap lines, logos and other aspects of get-up or brand image can be protected as registered trademarks. A trade mark must have been previously registered in the UK prior to being registered at Gibraltar Companies House. Patents must also have been previously registered in the UK prior to registration with Gibraltar Companies House. Recommendation To come to a recommendation we compared each jurisdiction using the eight risk factors identified in Table 1. As such, each factor was assigned a value from 1 thru 5, 1 being very low risk and 5 being very high risk. This risk analysis allowed us to identify which jurisdiction provided the least amount of risks based on the selected criteria. Such data provided valuable insights into the relative stability of the economies as a whole, their ability to keep taxes low, the repatriation of funds back to the head office and highlights known risks associated with each country. Table 1: Risk Assessment for jurisdictions Ireland Isle of Man Gibraltar Economy Low Risk (2) in recession following collapse of the real estate bubble high unemployment Low Risk (1) strong GDP; low unemployment Low Risk (1) strong GDP; low unemployment Government Low Risk (2) Low Risk (1) Low Risk (1) Taxation Low Risk (2) Low Risk (1) Low Risk (1) very straight forward Repatriation of profits Low Risk (1) Low Risk (1) Low Risk (1) very easy and straight forward Relationships with International Bodies Low Risk (1) Low Risk (2) some countries are disagreeable with its territorial legal status High risk (4): major territorial ownership and political disagreement with neighbouring Spain Intellectual Property Protection Low Risk (1) Low Risk (1) UK rules Low Risk (2) UK rules + Gibraltar registration Technology Infrastructure Low Risk (1) Low Risk (2) adequate but not excellent Low Risk (2) adequate but not excellent Costs of setting up merchant account with internet low cost credit card transactions processing Low Risk (2) competitive internet based rate but more expensive than offshores Low Risk (1) Competitive internet based rate Low Risk (1) Competitive internet based rate Total Risks Summary 12 10 (Lowest) 13 Best Choice We also looked at other factors including GDP, unemployment rates, and various tax rates (corporate tax rate, capital gains tax, and stamp tax) to determine overall suitability (see table 2). Once again, the Isle of Man stands out due to its 0% tax rate and sound economic indicators. Table 2: Summary Stats We also looked at some financial considerations in dollar amounts. As such, Table 3 provides some financial data on the impact of taxation if our company made a profit of $5M or $55M and we show the after Corporate tax amount resulting from such calculations. We also added a column to show the impact on profits if we remained in Canada and did not use a subsidiary. As you can see the Isle of Man has a distinct advantage over all other competitors and with no Repatriation costs it has a substantial benefit over the Canadian market place as well. Table 3 Impact of Taxation on Corporate profits Corporate Profits (approximate) Ireland Isle of Man Gibraltar Canada Profits $5,000,000.00 $4,375,000.00 $5,000,000.00 $4,500,000.00 $3,900,000.00 Profits $55,000,000.00 $48,125,000.00 $55,000,000.00 $49,500,000.00 $42,900,000.00 CONCLUSION Opening a foreign-based subsidiary to process sales outside of North America can be very beneficial given that Quattroporte is looking at international trading. By establishing such a subsidiary, we will be able to circumvent withholding taxes on outgoing payments of dividends, interest and royalties. The routing of dividends through jurisdictions with favourable double tax treaties can help our organization avoid many such tax retentions. The key issues we looked at were: Zero to very low withholding taxes on dividends. No taxes in the jurisdiction of the holding company. Zero to very low withholding taxes on dividends (paid from holding company to shareholder). Although not a crucial immediate issue we should also consider whether our company would be subject to any tax on a future disposal of the subsidiary, or whether there would be any tax on a disposal of the holding company shares. It will also need to be considered whether Canada has any special provisions that apply to dividends from tax haven jurisdictions given our intent to locate to such countries. When identifying the most suitable location for opening a foreign-based subsidiary, we have found that the Isle of Man with its array of tax benefits, stable government, strong economy, and myriad of corporate and financial services will ultimately save our organization money, increase profits and streamline the operating costs of our business.

American Democracy Essay -- Government Politics US Essays Political Sc

American Democracy The American democracy is one of the most peaceful kinds of government in the world although it is a long way from utopia. The democracy in which we live has many strengths and weaknesses. Neither strengths or weaknesses out weigh one another, but it is necessary to have both due to the varying definitions. A democracy is a government that is run by the people. The politicians that we elect to run our government are human and they are susceptible to mistakes based on their own strengths and weaknesses. The strengths and weaknesses they possess are reflected into our government but at least â€Å"we the people† elect them and they are not chosen for us. We live in a representative democracy that means â€Å"we the people† are given the right to elect those who represent our beliefs and values. The political campaigns of the politicians allows us the freedom of who to elect by selling us their views on how they feel our government should function. Many of the campaigns seem to dispute the candidate running against the other(s) but it normally ties into what they believe is wrong. Sometimes a candidate's campaign will run according to one of the candidates mistakes that they have made in office or in life. The candidate may then promise they would never make a mistake of that sort. The campaigns now days tend to be more on the negative side but negativity sells in this country. While positive campaigns reflect more on the positive goals of the campaignee it ...

Snooker Essay

Snooker is a kind of billiard sport which is very popular in the UK. It is difficult and challenging to play it. It has a history over two hundred years (http://embassysnooker.net) and it is well developed and popular today. The rise of snooker can be traced back to AD 1875, when it was first invented in India. A British officer Neville Bowes, Chamberlain (Neville Bowes Chamberlain) and his help his comrades, who brought the idea to the UK. Before snooker, billiards already existed, and a variety of people played. Among them, there is something called the â€Å"black ball into the bag (Black Pool) play, Neville Bowes. Chamberlain which was very popular in the army. These games are played with 15 red balls, one black ball and a white ball . Neville Bowes Chamberlain and his comrades â€Å"black ball into the bag,† the game is too easy, make them feel boring, we decided to add the yellow, pink, green three ball up. Then, they make coupled with a blue ball and brown ball. Since then, 22 ball snooker has been popular around the world The ancient Greeks in 776 BC, the introduced the Games (for peace) which was held in Olympia every four years. Games held during the Greek athletes and near the common people gathered in the beautiful town of Olympia in southern Greece scenery. In the first Olympic Games held there in 776 BC, the Dorians Klose 192.27 meters sprint game champions, the International Olympic Committee was awarded a title of a project. Later, the Games of ancient Greece are gradually expanded the scale and change to a display of national spirit of the event.

Genetically Engineered Foods Essay

Genetically engineered or genetically modified foods are foods that are simply the result of alteration in the original genes of an organism such as a plant or an animal in order to blot out a characteristic or trait of the original organism. Because this involves the transfer of genes, Genetically Modified Organisms (GMO’s) are also known as â€Å"transgenic† organisms (Robert Sacerich-GMO, Genetically Modified Foods and Conspiracy Theories). GE foods can be contrasted with organic foods which are basically foods which undergo a ‘non-synthetic’ method of processing before distribution to the public. This issue holds immense global importance because it is considered to be an alternative to solving the World Hunger crisis by supplying GE foods to countries with an inadequate supply of food (Anup Shah GE Technologies will solve world hunger; Jeffrey Heit, MD-Genetically Engineered Foods ). In this paper, the relative advantages and disadvantages of distributing GE foods to the public will be discovered and weighed. The notion of GE technology being the sole alternative to solving World Hunger will also be investigated along with the prospect of using organic food instead of GE food. In the article, Is GE food safe?, Anup Shah argues that although there is a possibility the use of GE foods can be beneficial to the general public, it cannot be said that this will last forever. The importance of this dilemma is being measured by the fact that there is absolutely no scientific proof at the moment to predict the effects of these crops in the foreseeable future, though we might know a great deal about their initial benefits to health and industry. David C. Pack agrees with this point of view and states that man has tampered with the very core of our food supply as part of the continuing quest to â€Å"out-do† God. He goes on to talk about the ‘unpredictability’ of altering genes. Stating in an example that certain genes from a flounder—a fish—have been inserted into tomatoes in order to give them a longer shelf life and that splicing genetic segments of one species into the genes of another could never occur naturally, he goes on to measure the importance of this issue by comparing data from original research work that had been carried out to determine the relative advantages of ‘golden rice’ and ‘soybeans’ compared to the regular varieties available in the market (David C. Pack -Genetically Engineered Foods Why the Controversy?). Jeffrey Heit, MD, in Genetically Engineered Foods confirms that that the use of GE foods might entail a cheap and efficient industrial  system but the public might not benefit from it the way we think it will. For instance, the use of peanut genes in tomatoes might adversely affect people allergic to peanuts and tomatoes being irreplaceable ingredients in almost all kinds of curry based foods aggravate the situation. On the other hand, some authors like Amy Norton argue that Vitamin A deficiency can cause blindness and, because it dampens immune system function, leaves children more vulnerable to becoming severely ill from infections. If all children in deprived areas were given enough vitamin A, up to 2.7 million deaths could be prevented each year according to statistics. Genetically engineered capsules rich in vitamin A could be provided to the children in the aforementioned deprived areas. UNICEF has a program to give young children vitamin A capsules twice a year (one capsule is good for a six-month supply of the vitamin). A range of foods naturally contain vitamin A or vitamin A precursors – from liver, fish oil and eggs to spinach, carrots, mango and red peppers. But again, those foods may either be locally unavailable, depend on season, or be priced beyond what most families in developing nations can afford (Amy Norton- Genetically modified rice a good vitamin A source 14; Janice Jones- Advantages & Disadvantages of Organic Foods). In another article the author, Bryan Walsh talks about the relationship between ‘humane eggs’ and the way the laying hens are brought up or bred. He hints at the possibility of there being something worse than genetic engineering at hand, which is the way animals are brought up in farms, more specifically chickens. Hence, if such a relationship exists then there seem to be more pressing matters at hand than just the apparent side-effects of GE foods (Bryan Walsh-Vital Farms: Raising the Ultra-Organic Egg). Christie Wilcox adopts a different approach by targeting some of the myths held by people in favor of organic farming as opposed to genetically engineered farming. She talks about how pesticides are used abundantly in organic farming, how organic food is not healthier than GE food and how it is not ideal for the environment; ideas that are common amongst the general public about organic food (Christie Wilcox Myth busting 101: Organic Farming > Conventional Agriculture). Backing up the aspect that genetically engineered foods are unsafe and should not be distributed to the general public since their after effects have not yet been discovered, Anup Shah states in an article how worldwide polls indicate a high public demand of labeling GE food so as to  enable the public to choose their preference of food. She points out that any failure to do so implies that the public is ignorant. Is it ‘justified’ to keep the public in the dark just because we think the public is too ignorant to grasp the significance of GE food? On the other hand, is it okay to not label food as genetically engineered or not genetically engineered because of the growing apprehension that there will be competition between GE based and non GE based food companies? ( Anup Shah- Public Concerns and Protests on GE Food). While some believe that genetically engineered foods are generally regarded as safe. There has been no adequate testing, however, to ensure complete safety. There are no reports of illness or injury due to genetically engineered foods (Jeffrey Heit, MD- Genetically engineered foods). On the very other end, some people believe that genetically engineered technology is our only hope in abating the ongoing World Hunger problem. However, some people disagree. The idea that genetically engineered technologies can solve world hunger is ‘unreliable’. It might have the ‘potential’ to abet the ‘developing’ nations in fighting the food crisis but it is amongst the many other alternatives present. A significant number of people in the third world countries are unable to get food because it is expensive, not because it is unavailable. As we can see, the issue of a country’s economy is closely tied with the world hunger problem in this case (Anup Shah- GE Technologies will solve world hunger). There are various questions we need to ask ourselves if we want to determine the ‘safety’ GE food to human beings. In the event that this technology achieves its current aim, who will benefit more, people in need or the people who need more? If we are not able to predict the potential side effects of genetically engineered food, is it safe to miss this one chance to revert poverty or even world hunge r for that matter? If not, then will not taking the leap be worth it in the long run? â€Å"One reason why GE technology is being given the go-ahead is that there is a lot of money and profit involved in this. Hence from a business perspective it is more favorable, for example to produce crops that can be resistant to your pesticides (so that you can apply more of them).† Keeping this perspective in mind, is it ‘moral’ to jeopardize the prospect of â€Å"hunger free† countries? Does the expression man ‘tampering’ with nature also apply to scenarios in which Genetic engineering has helped the human race develop the food market? (David C. Pack-Genetically  Engineered Foods Why the Controversy? David C. Pack) The author mentions how the cross breeding of seeds needs to be prevented so as to prevent any food anomalies in the industry. Considering how different animals like cows and buffaloes are cross-bred, how justified is it to combine and merge the habits of different animals who are otherwise different in various aspects? Whereas the problem of â€Å"World Hunger† is concerned, if it cannot be solved by GE crops and is linked to poverty instead, will the eradication of poverty solve the predicament of world hunger? If hunger is an effect of poverty where poverty is a political and economic issue then politics influences how it is produced; who it is produced by and for what purposes it is produced. David C. Pack would also agree: â€Å"Even the problem of world hunger cannot be solved using this technology since the yield of GM crops is even lesser than that of natural (regular) crops† (David C. Pack -Genetically Engineered Foods Why the Controversy?). In conclusion, nothing can be said with absolute certainty about the pros and cons of using this kind of technology but what can be done in this field is research in order to determine the magnitude of change it is capable of delivering in the long run. References †¢Alexandra Sifferlin -California fails to pass genetically modified foods labeling initiative http://healthland.time.com/2012/11/07/california-fails-to-pass-gm-foods-labeling-initiative/ †¢Amy Norton Genetically modified rice a good vitamin A source http://www.nlm.nih.gov/medlineplus/news/fullstory_128308.html †¢Anup Shah -Is GE Food Safe? http://www.globalissues.org/article/189/is-ge-food-safe †¢Anup Shah -GE Technologies will solve world hunger http://www.globalissues.org/article/190/ge-technologies-will-solve-world-hunger †¢Anup Shah -Public Concerns and Protests on GE Food http://www.globalissues.org/article/196/a-huge-wave-of-public-concern †¢Bryan Walsh -Vital Farms: Raising the Ultra-Organic Egg http://science.time.com/2012/10/22/vital-farms-raising-the-ultra-organic-egg/