Operation Desert Storm – Causes And Consequences

Operation Desert Storm (the codename for the Gulf War) began from August 1991 and lasted till February 1991. It was a war fought by a coalition of 34 countries, led by the U.S. Army against Iraq in retaliation of their assault and invasion of Kuwait. This war is also referred by other names, including First Iraq War, Kuwait War, Gulf War I, First Gulf War, or Persian Gulf War. The operation preceded the invasion of Kuwait by Iraqi troupes. Iraqi’s invasion of Kuwait brought a lot of international condemnation, and economic sanctions were imposed on them by the United Nation’s Security Council.

President George Bush, then president of the United States deployed military troupes into Saudi Arabia and encouraged other nations to send in their troupes to the scene as well. Afterwards, some nations sent in their military support in aid of the war, and the major contributors alongside U.S. were Egypt, United Kingdom, and Saudi Arabia.

The prime cause of the war that led to the operation was a landlocked dispute involving Iraq and Kuwait. Iraqi’s attempt to claim more territories on a land supposedly owned by Kuwait was rejected, prompting Iraq to engage in severe military battles to claim the land. There is an indication that Kuwait’s over production of oil against the requirements of OPEC also aggravated their disputes. Iraq began complaining about this behavior of not respecting their quota in July 1990. However, they decided to take action by deploying about 30,000 military troops to the Kuwait-Iraq border. This act did not augur well with several UN members, and they urged Iraq to cede the land and evacuate the border. However, Iraqi’s refusal and the subsequent invasion of Kuwait led to the intervention of the coalition forces.

An aerial bombardment aimed at expelling Iraqi soldiers from Kuwait began on January 1991. This was preceded by ground assault. With the combined strength of the coalition forces, Iraqi troupes were ousted from Kuwait territory. The firepower of the coalition forces was too much for the Iraqis and they ceased fire 3 months after the ground assault on them began. Kuwait was liberated and the coalition forces proceeded to Iraqi territories. This did not deter the Iraqi troupe as they went ahead to launch Scud missiles on Israel, Saudi Arabia, and other coalition forces. In April 1991, the UN Security Council passed a bill and initiated the terms for a cease fire between the aligned and coalition forces. The controversies surrounding the procedures for this cease fire later resulted to the outbreak of another war in 2003.

To find out more about the history of American foreign policy check out the book The War State by Michael Swanson.

Where To Get A Gold Coin Dealer To Trade Your Gold Coins And Other Metals

There are people whose major occupation is the collection of gold coins. These dealers collect these coins from a wide range of sources and sell them at a profit. If you are looking for gold coin dealers, most of them will be interested to do business with you.

Coins have been part of trading since 700BC. It is a symbol of trade in many parts of the world. In the past, dealership is based on pure gold coins, but several metals are now being added like nickel or copper. However, the pure gold coins are still the most valuable in the market.

Gold coin dealers usually appraise the value of a coin by looking at the historical significance, quality, and physical condition. Rarity is also a major factor they consider. Usually, the older the coin, the higher it will be priced. Apart from the gold coins, dealers equally keep their eyes on precious metals such as bracelets, necklace, rings, and earrings. Jus like coins, these items undergo similar appraisal and need to be in good condition.

If there are no gold coin dealers in your area, you can search them over the internet.

If you have been in the gold trading business for long, you will understand that it is simpler to trade online than selling them in a pawnshop or in your local jewelry store. There is more competition online among these dealers unlike in the conventional stores where there is a fixed price for each item. Online dealers will give you the best price but jewel hops will offer the lowest price range in the market. But if you are looking for quick cash, then conventional jewelry shops or pawnshops will come in handy. However, if your aim is to do gold coin business and gain enough returns , you may want to consider online dealers.

Transactions over the internet are easier and much faster. The introduction of faster ways of shipping things throughout the world has even made it easier to buy from another region. If what you are looking for is not in your region, you can easily go over the internet and search for them. When you find what you need, shipping will not be a problem.

Gold is expected to go up. This post from kitco.com explains why is now about to go up and make people a lot of money.

But with this swiftness comes the risk of dealing with strangers. You have to be very careful when dealing with gold coin buyers and sellers to avoid being ripped off. Conduct your search properly and make sure you sell or buy from established dealers with high reputation.

How to become a Wall Street analyst

Are you seeking to become a top analyst for a Wall Street firm? The job of a Wall Street analyst is a lucrative one. This explains why thousands of applicants apply for entry-level and internship positions at leading investment banks such as Morgan Stanley, Merrill Lynch, and Goldman. You will need proper education, good diligence, and hard work to succeed as an investment analyst in one of these firms.

Investment analysts provide comprehensive reports on the performance of a company within an industry or for a particular business sector. Their roles include spotting trends and market changes that will enable an investor correctly determine which stock to hold, sell, or buy.

The most ideal way to land this job is to enroll into a recognized university and major in finance, graduate with honors and impress the investment bank recruiters looking for young talents that will fill up the investment analysis position. Below are some strategies that will help you attain your career goal as a Wall Street investment analyst.

Start Early

If you are still a student, you can start planning your career part by taking advantage of internship programs in the summer. This will help you connect with people in the industry before you are fully ready.

The youngest broker in Canadian history was David Skarica who got licensed at 18. You can read what Dave has to say about the stock market at addictedtoprofits.net.

Specialize in a particular field

Investment analysis covers several fields such as auto manufacturing, telecommunication, or oil. Try to specialize on a particular field and gain experience. If you are an expert in a particular field, your credential will be regarded more than other general purpose analysts.

Education is the key

Education is the most basic qualification you will need for such a career. A good finance degree in one of the top universities is the right way to go. Enrolling in a top MBA program will also increase your chance of landing a job as a Wall Street analyst.

Network your way to success

If you graduated from a school not among the top 25 schools, your road to becoming a Wall Street analyst will be a bumpy one. But you can still achieve your aim only when you are ready to network and be really proactive.
Find ways to connect to Wall Street. Look at your alumni and find out those from your school who are already working there. Ask them if they could help push your resume. Connect with other people and ask people you know if they have a connection. At least, even if they don’t work there, they might know one or two people who can help.

Compound Interest – How to Compound Your Way To Wealth

Compound Interest – How to Compound Your Way To Wealth

There is one thing that is common among most wealthy people, and that is the power of compounding. Several self made millionaires made their money through the compound appreciation of whatever they were earning. This is also the main reason for the enormous wealth of credit card companies, insurance companies, and major banks. Anyone who utilizes this model has a great chance of achieving prosperity in future.

Any serious minded wealth builder should always recognize the importance of compound interest in the actualization of his/her goal. Although the value of the compound interest may seem negligible at the beginning, you may be amazed at the accumulated value over a long period of time. There will always be short term gratification like cars and luxuries that may distract you from focusing on your compounding goal. However, past evidence has shown that it compounding worthwhile venture if you stick to it. The delight of being financially free will always outweigh the temporary pleasures gained from buying luxuries. When you persist and finally create your wealth, you will be able to acquire all those luxuries whenever you want.

Below are some of the ways you can make compounding work for you

* The number one enemy of compound interest is procrastination. Don’t wait for too long before you begin your investment. No matter the level of income you receive, start investing immediately.

* The result of compounded amount is more visible over a
long period. Do not chase high returns by taking higher risks with your money.

* Establish a reasonable budget that can enable you save a certain amount of your monthly income ( at least 10%) for investment. This will help you stick to your investment plan for a long time.

* Try to pay down your home mortgage as early as possible. Go for a mortgage that has no prepayment penalties. In most long term mortgage plans, more than half of the payments are interest. Try to settle your mortgage loans on time so that you won’t have to throw money away in form of interest on mortgage loan.

* Do away with credit cards and other debts with high interest. These will suppress the compounding effort you are making

* Finally, do not wait until your children have come of age before thinking about investing for them. Start when they are born and in few years you will be having more than enough to take care of their educational needs.