Current Event Summary Essay Example | Topics and Well Written Essays - 500 words

Current Event Summary - Essay Example The crisis in Libya is one major source of this emerging crisis. The IEA has already reached an understanding with the largest oil producer Saudi Arabia and the Organization of Petroleum Exporting Countries (OPEC), that the major oil producing countries will exploit their surplus production capacity, in case the energy crisis worsens. So far the oil producing nations and IEA seem to be in agreement in their understanding of the overall situation and the possible solutions. IEA is a bit apprehensive about tapping into its oil reserves as even a little disruption of the supplies in an already constrained market could give way to an exceptional price surge. So the member countries cannot decide as to whether to allow the free market forces let decide and dictate the circumstances or should they intervene to check a possibly impending crisis. The IEA least wants to initiate this crisis by its actions. As per the estimates, so far there is ample oil available in the markets. So a wait and watch policy appears to be more appropriate. Till date, IEA has not revised its supply estimates. The primary thrust in on quantifying the disruption constraints posed by the crisis in Libya, so as to decide as to the magnitude of the oil stockpiles that need to be released. Yet, there is a fear that this disruption may get prolonged. In such a situation the IEA will for the time decide to bridge the supply gap by releasing oil from its reserves. However, any further response will be dependent on the willingness of the oil producing countries to cull out the surplus production capacity. One other fear is that a constrained political turmoil in the Middle East will directly hit the investments being made into the oil sector in this region. This withholding of investments will have an effect on the oil markets in the medium and long run. Political tension in the region will have a dampening effect on the companies desirous of making investments into

Interpretive planning Research Proposal Example | Topics and Well Written Essays - 2750 words

Interpretive planning - Research Proposal Example in the first section, and in the second section, I have intended to chose one main type of interpretive media from each site as brochures and other Media advertisement strategies in NPA and the online ad placing and feed back forum advertisement in eBay ,and so on, and to assess their effectiveness as interpretive media for the public, and indicate their strengths and weaknesses. When the concept of interpretation is taken it can be explained with two of its attributes as philosophy and theory. Interpretive philosophy. Interpretation in very common term can be seen as just one discipline among many communication disciplines, with each having its own strengths and weaknesses. Our duty is to pick the best in the given. According to Freeman Tilden, who is referred to as the father of interpretation, it is an educational activity that reveals the meaning and relationships by using original objects, first hand experience and illustrative media, rather than simply serving to communicate factual information. To put it in a nutshell ,and assembling all the important elements that forms the keys to successful interpretation is by explaining inter-relationships, enriching visitors' experiences, and interpretation is an ART and not a science. ( Van Matre, 1990 ) When looked upon Philosophy of interpretation , it can be said that it is the parameters in the field interpretive program. As per Tilden interpretation is enrichment for the areas of communication. It can be discussed with three parameters as , (Beck, L & Cable, T 1998) Extension is a process that involves teaching and information flow for a specific outcome of process . Environmental education can be described as the process that helps in recognising values and clarifying concepts ,that would help to develop skills and attitudes necessary to understand and appreciate the interrelatedness among people, their culture and their biophysical surroundings'. Public relations According to Fazio and Gilbert PR could be easily explained as an important mode of communication , whose success in great scale attributes to the managements success. Theory in interpretation-underlying theory is an successful interpretation followed by effective planning helps us to achieve the particular goal. As explained earlier ,interpretation is neither a pure science nor a pure art., so as a result interpretive theory draws on a range of theories with them, with the three main things being, communication, ,recreation theory and the third education theory. (McArthur, S 1998) Communication theory : Communication is the key for any management success and there are different methods and different media whose prime target is to gain empathy with the target public. Recreation theory While communication theory is about 'how' to send the message to the target audience, Recreation theory