Current Event Article Research Paper Example | Topics and Well Written Essays - 250 words

Current Event Article - Research Paper Example When the budget is referred to as a deficit package, it is requested to relax the ceilings for the sake of new borrowings. The current scenario states that the government will sooner be defaulted. It was given to retire the old treasury bills till March 2013 but it has not been exercised yet. For instance the consequential debt imposes immense detrimental effects over the economic scenarios. Generally surplus is not a positive symptom for the government. It creates dissatisfaction among people that they are paying (tax charge) more than they are getting benefitted. To retire the treasury bills, government may go for cutting the dollar value such that they can pay back in consideration with cheaper value. But this special purpose value decrement will not be suitable for other dimensions of the economy including world economic environment as dollar is a standard currency. The deficit, surplus and debt are the key macroeconomic variables which have enough impact over the economic growth as well as

Port Management Case Study Example | Topics and Well Written Essays - 3000 words

Port Management - Case Study Example Santos is considered to be a good harbor for ships, fishing and trade purposes. (The ports of Brazil, 1942) The Santos port approaches to increase the rate of exports by cheap means of transport. It enhances the trade by providing a track to the countries linked with the Atlantic Ocean. It has its origins associated to the coffee trade. It also facilitated to advance the sanitary situation of the region. It also played an essential role in the industrial growth of the State of So Paulo and of the entire Brazil. The Port of Santos is situated in the town that has the same name in the coast of southeastern Brazilian state of Sao Paulo. It is the port that transported most of the goods to the Arab countries in the year 2005. Goods worth at US$ 2.1 billion moved across the terminal heading towards the Arab countries in North Africa and the Middle East. In conditions of quantity, shipments reached 5.3 million tons. There are 64 private terminals at the Port of Santos and total area is 7.7 million square kilometers. It gave refuge to 44.7% of the Brazil's exports to the Arab states, which made a sum of US$ 4.7 billion up to November, 2005. (Edgar Rodrigues; Clifford Harper, 2005) The chief commodity to export i... It is also a chief transshipment port for good and commodities created in all the Southern cone countries (Brazil, Chile, Paraguay, Argentina, Bolivia and Uruguay). For instance, in the past, Santos went beyond Buenos Aires as Latin America's second-largest manager of containers. Land access and division within the ports are two important issues. The port is provided by quickly to be finished toll road that supplies high powered, quick access to So Paulo. Just about 90 % of the export and import cargo is conceded or from the port by trucks. There are Five railway companies, under allowance since 2000, serve the port. The port had an aim of covering 10 million tons of load carried by rail at the end of 2002, an ambition that was met. Investments of rail facilities in the port possessions and use of concessions have radically improved the efficiency of rail car use. 20% of container traffic from the port is controlled by rail, around twenty thousand TEUs per month. Rail investment in infrastructure on port possessions is a significant factor of increased access to the port. With no corresponding investment in rail infrastructure In further elements of the state, however, the use of rail for shifting goods also from the port will be limited. Projects are being generated that will permit leasing of rail infrastructure for private workers, created investment dollars. Rail services, in amalgamation with inland water barge, symbolize a significant access mode for agricultural commodities, particularly soy. Other policies have been used to develop the port's efficiency. The port is maneuvered twenty four hours a day with a twenty four hours reservation method for trucks due to overcrowding on the local road system, and port organizers are