Gambling Industry Essay Example | Topics and Well Written Essays - 2500 words

Gambling Industry - Essay Example ingapore Government in order to introduce the casinos officially in the international market was in 2005 by providing licenses to two of the casinos in Singapore. There were many controversies and remarks that went against the policy but today after taking proper legal actions and control the government have recorded to generate large incomes in terms of tax revenues from the gamblers. Another reason why gambling is so important for the economy is that it attracts customers from all around the world. Therefore, it enhances the growth of tourism sector, which is another major contributor to the Singapore Economy. This paper in this regard is focused on the challenges of the international market and the competencies of the gambling industry in Singapore. Conclusively the paper shall also direct to evaluate the limitations and drawbacks that can prove to be affective for the growth of the industry and try to suggest the economy to eradicate those factors. On this behalf, the paper shall also consider the Porter’s Diamond Model to analyze the competitive edge of the gambling industry of Singapore. Geographically emphasizing, Singapore is a country originated by the amalgamation of 63 islands in total and is termed to be the smallest country situated in the south eastern hemisphere of Asia. According to the economists’ view, Singapore is a developing economy, mixed by its nature, with a minimum interference from the part of the Government in its trading market. Mentionable, the economy ranked to be second among the economies possessing the best potential for international investment with the outlook to be most welcoming and liberal for the international trading business. Undoubtedly, despite the fact that the economy is geographically small, it is economically powerful as any other developing economy to attract the international trade (Economy Watch, 2010). The economy, in a wider perspective rather than international investments, is depended on the agricultural

United States Military Functions as the Worlds Police Essay

United States Military Functions as the Worlds Police - Essay Example The incidents that are going to be looked at include: attack on Libya in operation ‘Odyssey Dawn’ in the year 2011; Operation New Dawn of Iraq in the years 2010 and 2011; Operation Neptune Spear which sending of two batteries of Patriot missiles and 400 troops Turkey in the year 2012; and Drone strikes launched on al-Shabab militants in Somalia in the year 2012. Looking at the attack of Libya in Operation ‘Odyssey Dawn’ in the year 2011 the most notable thing is that the attack was more political than it was for the sake of international security and stability. The then Libyan leader, Colonel Gadhafi had been a non-cooperator with the western government's something that is believed to have put him in bad records with the government of the USA. In my opinion, the attack was not really necessary. Operation New Dawn of Iraq in the years 2010 and 2011 is one of the involvements of the US military that is believed to have been highly unnecessary. Due to the period of the involvement, a good number of the United States of America citizens believe that this must have cost the country a lot of finances that would have been used in solving the problems that the country was facing internally at that time (Lane, 2004). Internationally, it was sometimes seen as a case of overindulgence of the internal affairs of another country. There are a number of factors of US history since 1865 that has led to the U.S’s rise as a world superpower policeman. These factors include: their economic superiority and stability, which enabled them to spend on improving their military; the US-Spanish eviction from the Cuba war of 1898 which played a pivotal role in the establishment of the United States of America as the highest ranked world power; and the three years long war during which the US defeated the Filipino insurgents that helped them in gaining control over a point of geostrategic and trading significance (Meernik, 2004).