Issue: In the U.S, Fairbank Farms of Ashville, produce contaminated beef with E.coli bacteria. This issue was a cause of numerous death in the U.S. So far 2 people died and 16 were taken to the hospital with E. coli poisoning, after consuming the fresh beef,that was distributed by the company.
Significances:1)There are various symptoms from the E.coli poisoning. Some examples include: vomiting,diarrhea and usually reamin up to 3 to 4 days after the person eats the contaminated beef.2)Approximately 546,000 pounds of fresh beef was sold to different buyers. Therefore the process might take a while to comminicate to them. 3)A great portion of meat was being used for various foods such as hamburgers, meatloaf and meatball mix.
Analysis: The article is highly useful as warns and shares the problem of contaminated beef that was distributed by the Fairbank Farms of Ashville, in the U.S. It also provides the dangerous symptoms of the poisoning. The artcle could be used for careful analysis of the products the consumers and places that buy it, as well as the dangers they might face when buying a certain product,such as beef.
Quote:
"The majority of ground beef being recalled, was sold in Maryland, Massachusetts, North Carolina, New Jersey, New York, Pennsylvania and Virginia."
MLA:http://www.dbtechno.com/health/2009/11/03/fairbank-farms-recall-ground-beef-contaminated-with-e-coli/
Monday, November 9, 2009
Monday, November 2, 2009
Current Event Article
Issue: The economic crisis' last phase won't be as destructive as the subprime debacle.However,it carries the origins of kind of emerging markets crisis,collapsing currencies,reversing capital flows and markets speculating on government default.
Significances:1) The European banks worry as well as the entire countries that investors panic about. The contagion threatens to spread westwards into the heart of Europe.
2) The economic crisis has turned into an existential challenge for the EuropeanUnion. It also emphasized how underequipped the EU's institutions are in dealing with the situation.
3) Europe's and tha U.S' economies stiil haven't recovered after the subprime disaster. Although,on average Europes banks remain more laveraged than American . However, at the same time, the European banks bet much more radically than Amercian banks on profitable yet risky credits to emerging markets. As a result the EU banks face a big risk in these markets.
Analysis: The article does not seem biased,it is rather evaluating the situstion more precisely. The source is valuble and useful, as it covers the information on a substantial and worrying issues of the World Crisis. It also underlines the crisis bank and market tendencies not only in Europe but also in the U.S.
Quote:
"European banks bought up some 40 percent of the toxic securities made in America, but have been slower to write off losses and recapitalize than their American rivals. On average, they also remain substantially more leveraged than American banks, making write-downs and restructuring much more painful—and likely to be dragged out."(article)
MLA:
http://www.newsweek.com/id/186969/page/1
Significances:1) The European banks worry as well as the entire countries that investors panic about. The contagion threatens to spread westwards into the heart of Europe.
2) The economic crisis has turned into an existential challenge for the EuropeanUnion. It also emphasized how underequipped the EU's institutions are in dealing with the situation.
3) Europe's and tha U.S' economies stiil haven't recovered after the subprime disaster. Although,on average Europes banks remain more laveraged than American . However, at the same time, the European banks bet much more radically than Amercian banks on profitable yet risky credits to emerging markets. As a result the EU banks face a big risk in these markets.
Analysis: The article does not seem biased,it is rather evaluating the situstion more precisely. The source is valuble and useful, as it covers the information on a substantial and worrying issues of the World Crisis. It also underlines the crisis bank and market tendencies not only in Europe but also in the U.S.
Quote:
"European banks bought up some 40 percent of the toxic securities made in America, but have been slower to write off losses and recapitalize than their American rivals. On average, they also remain substantially more leveraged than American banks, making write-downs and restructuring much more painful—and likely to be dragged out."(article)
MLA:
http://www.newsweek.com/id/186969/page/1
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