Anti-semitism Essay -- essays research papers fc

For more(prenominal) than two thousand years anti-Semitism has plagued the Jews, however, the term has only been around for about thirty years (Strack 594). Due to the hateful accusations and of those who did non project their religion, Jews, as a scorned people, gradu all toldy became more exclusive and rigid of other religions. Because of Judaisms strict adherence to their own beliefs and unwillingness to get a line any alternatives, Islamics and Christians have scorned and persecuted Jews.     First, the Muslims basis for anti-Judaism rests in the first place on religious beliefs. Islam teaches that Allah, the Muslim god, requires that a good Muslim request a ritual prayer five times per day, give a token of their income to charity, and if possible a pilgrimage to Mecca, their Holy City (The wind and Spread of Islam). Muhammad himself was hostile to the Jews (Rivkin 25) because he believed Allah to be the one true deity and saw the Jewish Doctrine of the Trinity to be polytheistic. The Jews, however, rejected all divine idolization except their own. Also, Jews had certain laws and customs concerning food and circumcision which merely segregated them from the Muslims. All these differences gave rise to mutual rejection between these two groups. As part of his rejection of the Jews, Muhammad abandoned certain Jewish customs, for example, Saturday as the Muslim dedicated day and Jerusalem as the Muslim holy city (Davies 329). The variation of a Muslim to any other religion was strictly disallow and punishable by death. The Jews were given the dhimmi status meaning that they were not deserving of slaughter and could retain their religious practices in a limited row (The Spread of Islam to India). Just as slaves, the Jews did not possess full jural rights (The Rise and Spread of Islam). These dhimmis were merely tolerated and forced to pay special taxes and fail yellow badges as a means of public identification (Davies 329) . reason presented by a Jew in court against a Muslim would not be accepted. Dhimmis had to obtain permission before building new places of worship or repairing old ones, and they could never construct worship cites that overshadowed Muslim places of worship. Jews were to a fault prohibited from carrying arms, riding horses or camels, or inheriting from a Muslim (The Rise and Spread of Islam). In addition, Jews killed animals only a... ... labor by the Christians of the 10th century.     Finally, Muslims and Christians detested the Jews for being different than them. Anti-Semitism still exists today in many countries. For example, in Syria the government denies Jews the right to vote and restricts their emigration (Levanon 559). As Christians, it is our duty to refrain from slander and false accusations of Jews. Should we only show spang to those who share our religious beliefs? Even the pagans love those who love them. (Luke 632) be we not called to be diff erent than the world and show the love of idol to all? BibliographyDavies, Alan. Anti-Semitism. The Encyclopedia of Religion. Vol. 1. New York Macmillan, 1995.Levanon, Yosef. Anti-Semitism. The founding Book Encyclopedia. Vol. 1. Chicago World Book Inc., 1993.The Rise and Spread of Islam, 570-1258. http//galenet.gale.comRivkin, Ellis. Jews. Encyclopedia International. Vol. 10. Philippines Lexicon Publications, 1980.The Spread of Islam to India and Southeast Asia, 711-1400. http//galenet.gale.comStrack, Hermann L. Anti-Semitism. cyclopedia of Religion and Ethics. Vol. 1. New York Charles Scribners Sons, n.d.

Mad Genius: A Look into Bipolar Disorder and Creativity Essay examples

Augustus Saint-Gaudens once said, What ail is to salad, insanity is to art. This quote summarizes the stereotype of the creative world as beingness whimsical and a bit loony furtherto a greater extent, one must witness if there is any merit to this opinion. Much debate is focused roughly this topic. Specifically, this paper will focus on the merit of a confederation among bipolar disorder and creativity. Irwin G. Sarason and Barbara R. Sarason (2005) define bipolar disorder as a mood disorder classified by an alteration between a state of mania and depression. In addition, Albert Rothenberg, M.D. (2001) gives insight into the scientific exposition of creativity. He believes januvial processes (brains ability to conceive multiple opposites simultaneously) and homospatial processes (conceiving two or more discrete entities occupying the same space, which results in a conception wind to the articulation of new identities) are necessary in creativity. The New York clock questi oned the general populations definition of this potentially lucrative trait. The writers questioned, What separates humans from animals and ever more advanced machines? and it gives the answer We make art (as cited in Rothenberg, 2001). With these general definitions of bipolar disorder spectrum and creativity, this paper will look into the history, causes, and effects of the disorder on creativity.Curiosity dating back to the Greeks involving this connection has prompted a fair amount of research. Three dominant figures in the psychological field, Jamison, Andreasen, and Richards, are key researchers in the relation of bipolar disorder and creativity. These three psychologists have differing beliefs on the subject, barely unanimously agree on the genetic co... ...cts of the disorder can be marked positively in the work artists of all fields produce, scarcely devastating results are also a reality. Therefore, we must as a society remember the critical disadvantages of this d isorder before focusing on how society as a whole may benefit. ReferencesRichards, R., Kinney, D. K., Lunde, I., Benet, M., & Merzel, A. C. (1988). Creativity in manic-depressives, cyclothymes, their normal relatives, and control subjects. Rothenberg, A. (2001). Bipolar illness, creativity, and treatment. Sarason I., & Sarason B. (2005) Abnormal Psychology The proglem of maladaptive behavior. eleventh edition.Schlesinger, J. (2009). Creative mythconceptions A closer look at the evidence for the grisly genius hypothesis. Shapiro, P. J., & Weisberg, R. W. (1999). Creativity and bipolar diathesis Common behavioural and cognitive components.

Financial Outlook on Dr. Reddy’s Laboratories

International Finance Project On Financial mental capacity on Dr. Reddys Laboratories Ltd. Submitted to Prof. S. K. Gupta Submitted by Date 31 Dec. 2011 SOURAV KUMAR 2K10IB30 PGDM IB 2010-2012 ASIA PACIFIC lend OF MANAGEMENT 3 &038 4, Institutional Area, Jasola, New Delhi 110025 INTRODUCTIONEstablished in 1984, Dr. Reddys Laboratories Ltd. (NYSE RDY) is an integ treadd global ph fortaceutical troupe, committed to providing affordable and innovative medicines for better lives. Through its three businesses pharmaceutical Services and Active Ingredients, Global Generics and proprietorship Products Dr. Reddys offers a portfolio of products and services including Active pharmaceutical Ingredients (APIs), Custom Pharmaceutical Services (CPS), generic wines, biosimilars, differentiated formulations and News Chemical Entities (NCEs). PURPOSE &038 VALUES Providing low- cosinet MedicinesOur Global Generics business helps reduce drug costs for individuals and g everyplacenments by take generic drugs to market as first as possible, and making them addressable to as legion(predicate) patients as possible. We market both generic small-molecule drugs and generic biopharmaceuticals. In markets with guidelines for approval, our Biologics business offers more affordable and equally effective generic biopharmaceuticals or biosimilars. We supply pharmaceutical ingredients to other generic companies done the API arm of our PSAI business, which contri just nowes to our goal of providing affordable edicine. We will continue to promote affordability in of import ways and work to expand our product offering of generics, focusing on increasing access to products with signifi lowlifet barriers to entry. We will continue to look for tonic opportunities to take generics to more patients, in collaboration with other companies. Developing in advance(p) Medicines Despite the spacious advances of medical intelligence, there argon still some unmet medical needs. Ou r Proprietary Products businesses address some of these unmet medical needs, by proceeds and bringing to market in the raw-made drugs.Through innovation in science and technology, combined with a deep understanding of underlying disease pathways, we conk out and commercialise new formulations of approved products. We similarly develop new chemical entities with improved and sanitary-characterised safety and efficacy pro cross-files. We focus our investigate on the cure beas of pain, anti-bacterials and metabolic dis smart sets. Our Custom Pharmaceutical Services arm of our PSAI business helps innovator companies get their proprietary medicines to patients faster, by providing a range of technology platforms and services. slightly THE BUSINESSThe healthcare needs of people worldwide cannot be met by one lodge alone. Collectively however we can bring new drugs to the market in a fast and efficient manner and leave the building blocks of affordable medicines. Through our PSAI business, which comprises the Active Pharmaceutical Ingredients (API) and Custom Pharmaceutical Services (CPS) businesses, we offer IP advantaged, speedy product victimization and efficient manufacturing services to our customers generic companies and innovators. This accepts us to help make good medicines available to more people around the world.The inwardness strengths of our PSAI business are the state of the art infra construction, resources and skills we are able to offer to our customers Large and diverse product portfolio cardinal FDA-inspected plants and three technology centers World class chemistry expertise Robust, big manufacturing capabilities Intellectual Property (IP) driven product development for freedom to fly the coop supply, seamless supply chain management PARTNERSHIP PHILOSPHY At the sum of money of each achievementful confederacy is a great relationship base on trust and mutual respect. As we work towards fulfilling our core draw a bead o n we theatrical role your aspirations.We recognize and embrace the fact that our cleaveners are a core component of this strategy. We understand that partnerships are successful when returnss accrue to both parties. They are built on a shared vision with well-defined and agreed-upon goals. We in addition know that that the partners thinking and interests whitethorn not always be identical, but that we share the same goala successful product. Our shared partnership successes are at the very heart of our business. From our first acquireing through product launch and beyond, we stand behind our belief in original partnership thereby combining our strengths and sharing our successes.Dr. Reddys firmly believes that the right alliances can contribute significantly to the success of our partners as well as to our witness strategy and sustainable reaping. At Dr. Reddys we aim to foster a culture of building fair, effective, and mutually beneficialwinningcollaborations. The importanc e that we situate on building winning collaborations is evidenced partly by the early and substantial involvement of senior management. In this way, we contact quick decision-making and the tryst of necessary resources to achieve success. G V Prasad Vice Chairman and chief run officerTransparent and Simple process Clarity of thought, Speed of execution, Flexibility, creativity, and transparency are critical components of our negotiation and transaction process. As no two deals are the same, we work with potential partners to social system deals through customized approaches that allow both partners to supplement unique capabilities and assets in order to achieve common goals. A bare(a) and streamlined process to progress our partnering discussions and a even organizational structure facilitates rapid decision making from initial screening to execution.As a confederation that evaluates 100+ business development opportunities in any accustomed year (many of which come to cl osure), we value the time and resources our potential partners commit to seek and complete any potential partnership. Dr. Reddys emphasizes a transparent and cooperative negotiation process and prompt decision making. We bring a report for acting swiftly and being flexible. We will work with you to reach an symmetricalness with which you will be comfortable and that will head us in the right direction toward shared success. Sustained relationship based on trust and mutual respectOur robust alliance management principles and practices allow successful execution of joint initiatives. Dr. Reddys is committed to ensuring that our partnerships succeed and flourish. every quarter Results Quarterly Results of Dr Reddys Laboratories&8212&8212&8212&8212&8212&8212- in Rs. Cr. &8212&8212&8212&8212&8212&8212- Sep 11Jun 11Mar 11Dec 10Sep 10 sales Turnover1,646. 981,696. 961,329. 161,389. 761,296. 88 other(a) Income13. 0555. 5429. 1137. 2152. 35 summate Income1,660. 031,752. 501,358. 271,42 6. 971,349. 23 Total Expenses1,390. 181,085. 201,113. 741,046. 631,022. 98 operate realise256. 80611. 76215. 42343. 13273. 0 Profit On Sale Of Assets&8212&8212&8212- Profit On Sale Of Investments&8212&8212&8212- Gain/ sledding On unconnected Exchange&8212&8212&8212- VRS Adjustment&8212&8212&8212- other(a) Extraordinary Income/Expenses&8212&8212&8212- Total Extraordinary Income/Expenses&8212&8212&8212- impose On Extraordinary Items&8212&8212&8212- Net Extra medium Income/Expenses&8212&8212&8212- perfect(a) Profit269. 85667. 30244. 53380. 34326. 25 affair15. 7815. 244. 250. 540. 13 PBDT254. 07652. 06257. 78379. 80326. 12 Depreciation73. 4068. 9365. 5063. 8961. 35 Depreciation On Revaluation Of Assets&8212&8212&8212- PBT180. 67583. 13192. 28315. 91264. 77 Tax42. 17129. 0826. 4153. receipts4. 57Net Profit138. 50454. 05165. 87262. 77220. 20 Prior days Income/Expenses&8212&8212&8212- Depreciation for Previous Years Written Back/ Provided&8212&8212&8212- Dividend&8212&8212&8212- Dividend Tax&8212&8212&8212- Dividend (%)&8212&8212&8212- honorarium Per Share8. 1726. 799. 8015. 5313. 01 script Value&8212&8212&8212- Equity84. 7684. 7484. 6384. 6184. 60 Reserves&8212&8212&8212- Face Value5. 005. 005. 005. 005. 00 ___________________________________________ Balance saddlery of the keep company ( annually) &8212&8212&8212&8212&8212&8212- In Rs. Cr. &8212&8212&8212&8212&8212&8212&8212&8212&8212&8212 DescriptionMar-11Mar-10Mar-09Mar-08 SOURCES OF FUNDS Share Capital84. 684. 484. 284. Share Warrants &038 Outstanding39. 333. 935. 532. 5 Total Reserves5896. 35796. 35139. 44695. 2 Shareholders Funds6020. 25914. 65259. 14811. 8 Secured Loans0. 70. 82. 63. 4 Unsecured Loans1444. 1562. 4637. 7458. 9 Total Debts1444. 8563. 2640. 3462. 3 Total Liabilities74656477. 85899. 45274. 1 APPLICATION OF FUNDS Gross Block30252425. 72157. 31750. 2 less(prenominal) Accumulated Depreciation13341110. 1946. 5762. 8 little Impairment of Assets Net Block16911315. 61210. 8987. 4 fill A djustment A/c Capital Work in Progress570. 4745. 4411. 2246. 5 Pre-operative Expenses pending Assets in transit Investments24622555. 1703. 81930. 6 current Assets, Loans &038 Advances Inventories1063. 2897. 4735. 1640. 9 assorted Debtors1770. 51060. 51419. 7897. 7 bullion and Bank66. 2368384. 4536. 7 Other latest Assets1. 80. 62. 8 Loans and Advances2606. 42048. 718401250. 6 Total Current Assets5506. 34376. 44379. 83328. 7 Less Current Liabilities and Provisions Current Liabilities1440. 71447. 51050. 2680. 9 Provisions1223. 2992. 2665. 6451. 3 Total Current Liabilities2663. 92439. 71715. 81132. 2 Net Current Assets2842. 41936. 726642196. 5 Miscellaneous Expenses not written off Deferred Tax Assets / Liabilities-100. 8-75-90. 4-86. 9Total Assets74656477. 85899. 45274. 1 Contingent Liabilities2488. 22412. 21977. 93325. 8 Book Value353. 481087348. 382701310. 190024284. 143876 familiarised Book Value353. 481087348. 382701310. 19284. 1439 Profit &038 Loss Statement of the company (ann ually) &8212&8212&8212&8212&8212&8212- in Rs. Cr. &8212&8212&8212&8212&8212&8212&8212&8212&8212&8212&8212&8212&8212 DescriptionMar-11Mar-10Mar-09Mar-08 No of Months12121212 INCOME Gross Sales5284. 74543. 84239. 83449. 7 Less Inter divisional transfers Less Sales Returns Less Excise Duty97. 37480. 984. 5 Net Sales5187. 44469. 84158. 93365. 2 EXPENDITURE Increase/ cliff in Stock-79-117. 3-64. 1-93. Raw poppycock Consumed1396. 413461177. 61146. 1 Power &038 Fuel Cost144. 6104. 19077. 1 Employee Cost701. 2510413. 3368. 6 Other Manufacturing Expenses1053. 9793. 3894698. 2 General and Administration Expenses288. 7195. 6228193. 9 merchandising and Distribution Expenses477443. 8448. 7375. 4 Miscellaneous Expenses113. 991. 6121. 930 Less Expenses Capitalised Total Expenditure4096. 73367. 13309. 42795. 4 direct Profit (Excl OI)1090. 71102. 7849. 5569. 8 Other Income219220. 5101. 1191. 1 Operating Profit1309. 71323. 2950. 6760. 9 Interest9. 91627. 414. 7 PBDT1299. 81307. 2923. 2746. 2 Depr eciation247. 9222. 4193. 162 Profit Before Taxation &038 howeverional Items1051. 91084. 8729. 5584. 2 Exceptional Income / Expenses Profit Before Tax1051. 91084. 8729. 5584. 2 Provision for Tax158. 5238. 7168. 6108. 9 Profit later on Tax893. 4846. 1560. 9475. 3 Extra items Adjustments to PAT597. 2-24. 8-1. 5 Profit Balance B/F2554. 12039. 11657. 51305. 1 Appropriations4044. 72860. 42218. 41778. 9 Equity Dividend %22522512575 Earnings Per Share52. 801418450. 124407633. 307628. 258 familiarised EPS52. 801418450. 124407633. 307628. 258 Forex and External commercial borrowings &8212&8212&8212&8212&8212&8212- in Rs. Cr. &8212&8212&8212&8212&8212&8212&8212&8212&8212&8212&8212&8212&8212DescriptionMar-11Mar-10Mar-09Mar-08 EXPORTS Total Inflow In Foreign Currency3747. 73161. 43123. 32366. 8362 Exports FOB Value3671. 83013. 82892. 52259. 9061 revenue enhancement in Forex75. 9147. 6230. 8106. 9301 Frieght &038 Insurance Technology transfer fees Service Fees31111. 1197. 959. 2134 Commision Earned2. 4 Dividend received Interest Earnings33. 635. 13236. 8753 Other Exports8. 91. 40. 910. 8414 Capital Inflow Other Deemed Exports IMPORTS Total Outflow In Foreign Currency1321. 31021. 41180. 91071. 0232 Imports CIF Value533. 7486. 4553. 8658. 4784 Raw Materials533. 7486. 4553. 8658. 4784 workmanshipd GoodsStores &038 spares Other Imports Total Capital Outflow277. 3110. 7135. 577. 1814 Capital Goods277. 3110. 7135. 577. 1814 Other Capital Expenditures Repayments of Loans Investment In foreign Currency Expenditure in Foreign Currency510. 3424. 3491. 6335. 3634 Travelling Expenses5. 16109. 385 Interest Expenditure7. 5 Legal Expenses113. 166. 652. 355. 1145 Royalty proficient Fees Commision paid Others384. 6351. 7429. 3270. 8639 Dividend Paid Deemed Imports Raw Materials consumed Material Imported in Amt456. 6334. 2357231. 2115 Material Imported in %43303926. 37 Material Indigenous in Amt609. 8766. 3564. 2645. 144 Material Indigenous in %57706173. 63 Stores and spares consum ed Spare Imported in Amt52. 433. 230. 121. 2313 Spares Imported in %1513811 Spare Indigenous in Amt300. 7220. 3326. 3180. 0892 Spares Indigenous in %85879289 Dr Reddys Laboratories in News Dr Reddys Laboratories Higher capacity, New products to pump up proceeds Kiran Kabtta Somvanshi, ET Bureau Dec 26, 2011, 05. 20am IST Tags Sun Pharma Russia Germany generics Dr Reddys Laboratories, the second-largest pharma company (by sales) in India, is at an inflexion point. Its robust performance in the US and Russia is unprompted its gain.The second half of the fiscal is credibly to be better for the company than the first one characterised by more product launches and attach in market share. Its probably the right time for investors to consider this stock. BUSINESS The company is engaged in generics, bulk drugs &038 custom services and proprietary products. The genericsbusiness contributes over 70% to its amount revenues, which stood at $1. 7 one thousand thousand in FY11. DRL has foc ussed on four key regions North America, India, Russia/CIS and atomic number 63 with an objective to achieve critical mass in the base business.North America is the companys largest and strongest market, lend onethird of the companys revenues. New product launches, limited contestation products and improved market share has helped the company post a strong performance in the region. DRLs German business remains its sore point, pulling down the maturation order for the European region. The pricing pressure brought about by the tender-based business structure has adversely affected its profitability. The Indian business has been a laggard since the cultivation several quarters, but the sequential improvement in its performance in the September quarter is encouraging.Its biosimilars portfolio has done very well and has logged a growth of 22% y-o-y, hinting at a better period in the approaching months. The Russian business, though not a large contributor, has proved to be yet ano ther growth driver for the company. The OTC business, in particular, is doing well in the region. GROWTH DRIVERS DRL has targeted revenues of $3 trillion and a RoCE of 25% in FY13. The company has a strong pipeline with 76 pending ANDAs (17 dubitable approvals). It has 40 check bit IV filings of which 11 catch first to file opportunities.The company is focussing on scaling up manufacturing and having a higher(prenominal) mix of US generics in total global generics. In Germany, the company has undertaken cost control measures, and has commenced supplies to AOK tenders and launched new products outside the scope of tenders. Its effect would be visible from the current quarter. DRL has a tie-up with GSK to develop and market lease products across emerging markets outside India. FINANCIALS While its earnings have been extraordinary over the years, the companys revenues have grown at a CAGR of around 21% over the remainder decade. DRL has restructured trading operations at its Germ an and Mexican units.It has crest risky and expensive R by pulling out research in therapies like diabetes and cardiovascular. Instead, it is now channelising its R efforts towards development of limited competition products, biosimilars and new chemical entities in areas like pain management, anti-infectives and dermatology. CONCERNS Forging growth in its Indian business and profitability in its European operations is a study concern for the company. Its future growth depends on the success of its efforts in these areas. The company has raised 1,077-crore debt in the current quarter to meet working capital requirements and also to refinance old loans.This brings its total debt to over 4,200 crore. VALUATIONS The companys stock is trading at 23 times its consolidated annual earnings. These valuations are lower than its better-performing peers like Sun Pharma and Cipla. Pharma cos with enormous FCCBs may not get hit as their merchandise earnings remaining high Sanjay Pingle, Mumb ai Monday, December 19, 2011, 0800 Hrs IST Steady dispraise of rupee against US dollar bill and Euro may not have any major move on Indian pharmaceutical industry despite many pharma companies have huge exposure to foreign currency loans and bonds.To a great extend, such adverse rates will be instigate by the sizable export earnings of Indian pharma companies. persisting depreciation of Indian Rupee against US sawbuck and Euro is a great concern for Indian manufacturers having Foreign Currency Loans (FCLs) and Foreign Currency convertible Bonds (FCCBs). But the exports of these companies are apt(predicate) to shoot up in 2011-12 with depreciation of rupee in price of foreign currencies. Indian pharma companies have recorded export earnings of more than 50 per cent of their revenues to US and Europe during 2010-11 and with depreciation of Rupee export earnings are likely to go up significantly.This will reduce the adverse effect on bottom line likely with the current unfavor able foreign swap rates. Uncertainty in Euro region and recessionary conditions worldwide is making buck more firm against several currencies. At present, the exchange rate of Indian Rupee against dollar is moving near to Rs. 55 and that of Euro is moving over Rs. 71 as against Rs. 45. 87 per Dollar and Rs. 61. 13 per Euro year ago. The Dollar appreciated nearly by 20 per cent and Euro by to the highest degree 17 per cent within one year making FCL and Foreign Currency Convertible Bonds (FCCBs) payments costlier for Indian companies.The pharma industry has already incurred huge foreign currency handout during the first half of 2011-12 and these are likely to ontogenesis in the remaining part of the FY12 with adverse exchange fluctuations. though the Indian pharmaceutical companies have created strong networth position in the past, the fickle and adverse change in foreign exchange rates may put pressure on bottom line. The borrowings of Pharmabiz sample of leading 35 companies shows that the total borrowings, including secured and non-secured loan went up by 18. 3 per cent to Rs. 37,709 crore during 2010-11 from Rs. 1,899 crore in the anterior year. The secured loans, including foreign currency loans and FCCBs, of 35 companies increased by 19. 8 per cent to Rs. 21,899 crore from Rs. 18,278 crore. As against these borrowings, the net worth, equity capital plus reserves &038 surplus, of these companies stood at Rs. 68,201 crore as compared toRs. 48,811 crore in the previous year, representing a strong growth of 39. 7 per cent in 2010-11. Out of 35 companies, 23 companies availed FCL or issued FCCBs and the aggregate amount worked out to Rs. 9,560 crore in 2010-11 as compared to Rs. 10,765 crore.Thus, FCL and FCCBs comprised of 25 per cent in 2010-11 of aggregate borrowings as compared to 34 per cent in the rifle year. The reduction is mainly ascribable to redemption of FCCBs by few companies and quittance of costly FCLs. The aggregate amount of FCCBs is sued by these companies reduced by 12 per cent to Rs. 5,382 crore from Rs. 6,118 crore and foreign currency loans by 10. 1 per cent to Rs. 4,178 crore from Rs. 4,647 crore. Ranbaxy Laboratories has dramatic FCCBs aggregating to US$ 440 gazillion as at the end of December 2010. The company has shown Rs. 1,967 crore as unsecured loan for FCCBs as compared to Rs. ,048 crore in the previous year. orchid Chemicals and Pharmaceuticals has outstanding FCCBs of Rs. 523. 58 crore as against Rs. 607. 74 crore in the 2009-10. Jubilant Lifesciences has reduced its FCCBs amount to Rs. 633. 70 crore from Rs. 861 crore in the previous year. Further, Strides Arcolab has reduced its FCCBs loan to Rs. 457. 28 crore from Rs. 634. 15 crore and Aurobindo Pharma toRs. 620. 76 crore from Rs. 767. 71 crore. Wockhardts FCCB liabilities increased slightly to Rs. 458. 82 crore from Rs. 446. 40 crore and that of Plethico Pharmas to Rs. 425. 12 crore from Rs. 411. 91 crore.The foreign currency loans (FCLs) o f Jubilant Lifesciences went up to Rs. 1755. 71 crore from Rs. 1580. 48 crore and that of Cadilas to Rs. 737. 70 crore from Rs. 722. 80 crore. Biocon has successfully reduced its FCLs to Rs. 189. 94 crore from Rs. 220. 72 crore. Dr Reddys Laboratories has repaid its FCLs ofRs. 889. 90 crore during 2010-11 through three new short-term borrowings. However, FCL of lupine went up sharply to Rs 306. 54 crore from Rs. 181. 99 crore in the previous year. Further, FCL of orchidaceous plant Chemical went up to Rs. 325. 22 crore from Rs. 250. 02 crore and that of Panacea Biotec to Rs. 359. 4 crore from Rs. 293. 74 crore. Ipca Laboratories FCLs also jumped to Rs. 183. 15 crore from Rs. 125. 52 crore. The sample of Pharmabiz 35 companies have managed to reduce their liabilities in respect of FCCBs and FCLs during 2010-11 and likely to reduce risk of depreciation of Rupee against Dollar and Euro. Further rise in interest rates by run batted in will also put additional burden on the empyrean in 2011-12. However, higher exports may assist to reduce adverse impact on working. Dr. Reddys Q2 FY12 Financial Results Q2 FY12 Revenues at ? 22. 7 gazillion ($462 gazillion), YoY growth of 21% Q2 FY12 Adjusted* EBITDA at ? 5. jillion ($104 one thousand thousand), YoY growth of 20% Q2 FY12 Adjusted** PAT at ? 3. 1 one thousand thousand ($63 jillion), YoY growth of 8% Hyderabad, India, October 25, 2011 Dr. Reddys Laboratories Ltd. (NYSE RDY) today announced its unaudited consolidated financial results for the quarter finish September 30, 2011 under International Financial Reporting Standards (IFRS). Key Highlights coalesced revenues are at ? 22. 7 million ($462 million) in Q2 FY12 versus ? 18. 7 billion ($381 million) in Q2 FY11, year-on-year growth of 21%. Consolidated revenues for H1 FY12 is at ? 42. 5 billion ($866 million). oRevenues from Global Generics for Q2 FY12 are at ? 6. 1 billion ($329 million). Year-on-year growth of 18% mainly driven by North America and Russia . oRevenues from PSAI are at ? 5. 9 billion ($121 million) in Q2 FY12, growth of 28% over previous year. Adjusted* EBITDA of ? 5. 1 billion ($104 million) in Q2 FY12, is at 23% of revenues written text year-on-year growth of 20%. Consolidated familiarized EBITDA for H1 FY12 is at ? 9. 4 billion ($193 million). Adjusted** Profit after Tax for Q2 FY12 is at ? 3. 1 billion ($63 million), is at 14% of revenues with year-on-year growth of 8%. Consolidated adjusted PAT for H1 FY12 is at ? 5. 6 billion ($115 million). During the quarter, the company launched 28 new generic products, filed 17 new product registrations and filed 11 DMFs globally. Dr. Reddys today announced the final approval of its olanzapine 20 mg tablets, the generic version of Eli Lillys Zyprexafrom the USFDA. *Note Adjustments include benefit from a part reversal of provision booked in Q1 for unforced retreat scheme (VRS) floated by the company. **Note Adjustments include a) interest on bonus debentures and b) benefi t from a part reversal of provision booked in Q1 on bet of Voluntary Retirement Scheme (VRS) floated by the company. All figures in millions, except EPSAll dollar figures based on convenience rendition rate of 1USD = ? 49. 05 Dr. Reddys Laboratories Limited and Subsidiaries Unaudited Consolidated Income Statement ParticularsQ2 FY12Q2 FY11Growth % ($)(? )%($)(? )(%) Revenue46222,67910038118,70410021 Cost of revenues21410,473461788,7184720 Gross profit24912,206542049,9865322 Operating Expenses Selling, general &038 administrative expenses1477,216321165,7093126 Research and development expenses301,4596261,270715 Other operating (income) / expense(4)(215)(1)(4)(218)(1)(2) Results from operating activities763,74517663,2251716 Net finance (income) / expense1500135042Share of (profit) / loss of equity accounted investees(0)(13)(0)(0)(3)(0)- Profit / (loss) forrader income tax763,70916653,1941716 Income tax (benefit) / expense1363137327293 Profit / (loss) for the period633,07814582,86715 7 Diluted EPS0. 418. 1 0. 316. 9 Profit atonement Adjusted EBITDA ReconciliationQ2 FY12Q2 FY11 ($)(? )($)(? ) PBT763,709653,194 Interest522506 Depreciation1887915731 Amortization83896317 EBITDA1065,203874,248 Adjustments Part reversal of provision booked in Q1 for Voluntary Retirement Scheme(2)(94) Adjusted EBITDA1045,109874,248 Adjusted PAT ReconciliationQ2 FY12Q2 FY11 ($)(? ($)(? ) PAT633,078582,867 Adjustments Interest on bonus Debentures2118 Part reversal of provision booked in Q1 for Voluntary Retirement Scheme(2)(94) Tax normalizing adjustment(0)(4) Adjusted PAT633,099582,867 Segmental Analysis Global Generics Revenues from Global Generics divide are at ? 16. 1 billion ($329 million) in Q2 FY12 registering growth of 18% over previous year. Revenues from North America at ? 6. 3 billion in Q2 FY12 versus ? 4. 4 billion in Q2 FY11. Growth in USD terms of 45% was led by new product launches in the last twelve months and market share improvement in key products. 5 new products l aunched during the quarter, including limited competition products such as fondaparinux and fexofenadine pseudoephedrine D24 OTC. o24 products of our prescription portfolio consume among the Top 3 rank in market share (Source IMS Sales Volumes July 2011). oDuring the quarter, 4 ANDAs were filed. The cumulative ANDA filings as of thirtieth September, 2011 are 177. A total of 76 ANDAs are pending for approval with the USFDA of which 40 are Para IVs and 11 are FTFs. Revenues in Russia &038 Other CIS markets at ? 3. 4 billion in Q2 FY12 versus ? 2. 8 billion in Q2 FY11, year-on-year growth of 23%. Revenues in Russia at ? 2. 9 billion in Q2 FY12 versus ? 2. 3 billion in Q2 FY11, year-on-year growth in USD terms of 30%, largely driven by volume growth in key brands. ?OTC portfolio growth of 33% over previous year OTC sales at 25% of overall Russia sales. ?Dr. Reddys year-on-year secondary prescription sales growth at 20% versus industrys growth of 10%. (Source Pharmexpert August 2011). D r. Reddys is ranked 12th in market share. oRevenues in Other CIS markets remained flat at ? 477 million in Q2 FY12. Revenues in India increased by 9% to ? 3. 5 billion in Q2 FY12 versus ? . 2 billion in Q2 FY11. o3 new products launched during the quarter. oBiosimilar portfolio growth of 22% over previous year represents 6% to sales. Revenues from Europe at ? 2. 1 billion in Q2 FY12, declined by 10% over previous year. oRevenues from Germany declined by 27% to ? 1. 2 billion in Q2 FY12 due to continuing impact of tenders. oRevenues from Rest of Europe grew by 26% to ? 933 million in Q2 FY12 driven by new launches in UK and growth in out-licensing business. Pharmaceutical Services and Active Ingredients (PSAI) Revenues from PSAI are at ? 5. billion in Q2 FY 12 versus ? 4. 6 billion in Q2 FY11, year-on-year increase of 28%. oGrowth in Active Ingredients business led by new product launches in Europe. oPharmaceutical Services business grew on account of improved customer order book st atus. oDuring the quarter, 11 DMFs were filed globally, with 2 in US, 2 in Europe, 1 in Canada and 6 in rest of the markets. The cumulative DMF filings as of 30th September 2011 are 506. Income Statement Highlights Gross profit at ? 12. 2 billion ($249 million) in Q2 FY12, margin of 54% to revenues, marginal increase over previous year. Selling, General &038 Administration (SG&038A) expenses including amortization at ? 7. 2 billion ($147 million) increased by 26% over Q2 FY11. This increase is on account of a) higher freight costs both on account of increase in sales volumes as well as rate increases, b) rising prices and year-on-year increments linked increase in manpower costs across businesses, c) incremental costs at Bristol and Shreveport manufacturing facilities in the US and d) the increase in the OTC-related selling and marketing costs in Russia and other CIS markets as compared to previous year. R&038D expenses at ? 1. 5 billion ($30 million) in Q2 FY12, increase of 15% o ver Q2 FY11. Net Finance costs are at ? 50 million ($1 million) in Q2 FY 12 versus ? 35 million ($0. 7 million) in Q2 FY11 The change is on account of oNet forex gain of ? 151 million ($3 million) versus net forex loss of ? 49 million ($1 million) in Q2 FY11. oNet interest expense of ? 225 million ($5 million) in Q2 FY12 versus ? 5 million ($0. 1 million) in Q2 FY11. oProfit on sale of investments of ? 25 million ($0. 5 million) in Q2 FY12 versus ? 19 million ($0. 4 million) in Q2 FY11. Adjusted EBITDA of ? 5. 1 billion ($104 million) in Q2 FY12, is at 23% of revenues with year-on-year growth of 20%. Adjusted Profit after Tax for Q2 FY12 is at ? 3. 1 billion ($63 million), is at 14% of revenues with year-on-year growth of 8%. Adjusted EPS for Q2 FY 12 is at ? 18. 2 ($0. 4) versus ? 16. 9 ($0. 3) in Q2 FY11. Capital expenditure for H1 FY12 is at ? 3. 6 billion ($73 million). Appendix 1 Q2 FY12 Key Balance aeroplane Items (In millions) ParticularsAs on 30th Sep 11As on 30th Jun 11 $ )(? )($)(? ) Cash and cash equivalents1557,5961115,468 Trade receivables41920,56834917,136 Inventories37918,59235517,401 Property, plant and equipment64131,45062230,524 Goodwill and other intangible assets30815,11530414,921 Loans and borrowings (current &038 non-current)63831,30348823,940 Trade payables1828,9401728,433 Equity98048,08199748,902 Appendix 2 Q2 FY12 Revenue Mix by Segment (In millions) Q2 FY12Q2 FY 11Growth % ($)(? )as a %($)(? )as a %Global Generics32916,1367127913,6677318 North America 6,28739 4,4163242 Europe 2,11713 2,36617(10) India 3,45921 3,160239 Russia &038 Other CIS 3,38021 2,7512023 quarrel 8936 9747(8) PSAI1215,93326944,6172528 North America 1,06818 8141831 Europe 2,30339 1,5513448 India 75213 6531415 RoW 1,81031 1,5993513 Others1261039420245 Total46222,67810038118,70410021 Appendix 3 Q2 FY12 Revenue Mix by Geography (In millions) Q2 FY12Q2FY 11Growth % ($)(? )as a %($)(? )as a % North America1597,777341115,4642942 Europe924,53620844,1022211 India864,210197 83,8132010Russia &038 Other CIS693,38015562,7511523 Others572,77512522,573148 Total46222,67810018,70418,10021 Appendix 4 H1 FY12 Consolidated Income Statement All figures in millions, except EPS All dollar figures based on convenience translation rate of 1USD = ? 49. 05 ParticularsH1 FY12H1 FY11Growth % ($)(? )%($)(? )(%) Revenue86642,46210072435,53510019 Cost of revenues40219,7014633916,6354718 Gross profit46422,7615438518,9005320 Operating ExpensesSelling, general &038 administrative expenses28513,9723322811,1913125 Research and development expenses542,6566462,263617 Other operating (income) / expense(8)(401)(1)(8)(404)(1)(1) Results from operating activities1336,533151195,8501612 Net finance (income) / expense296042121(55) Share of (profit) / loss of equity accounted investees(0)(17)(0)(0)(8)(0)113 Profit / (loss) before income tax1326,455151155,6471614 Income tax (benefit) / expense15751214684210 Profit / (loss) for the period1165,704131014,9631415 Diluted EPS0. 733. 6 0. 629. 2Appendix 5 H1 FY12 Profit Reconciliation (In millions) Adjusted EBITDA ReconciliationH1 FY12H1 FY11 ($)(? )($)(? ) PBT1326,4551155,647 Interest9446(0)(3) Depreciation351,708291,416 Amortization1679412605 report EBITDA1929,4041567,665 Adjustments One-time charge of Voluntary Retirement Scheme142 Adjusted EBITDA1939,4451567,665 Adjusted PAT ReconciliationH1 FY12H1 FY11 ($)(? )($)(? ) report PAT1165,7041014,963 Adjustments Interest on Bonus Debentures5236 One-time charge of Voluntary Retirement Scheme142 Tax normalizing adjustment(7)(364) Adjusted PAT1155,6181014,963

Discuss the following Essay

A staff meeting has been called for all members of the administrative department at the hospital where you work. Due to a change in patients directs, the hours of operation need to be modified.  Several scheduling options are presented and a decision has to be made.Should this decision be made by a absolute majority vote, or a consensus?Support your choice with  reasoning from the decision making divide on page 98 of your GMC.I think that due to the sentence and hours of operation that it should be a majority vote for the reason or reasons outlined below1.Since there is only the matter of counting votes, decisions understructure be reached much more quickly with majority govern.Majority rule does not require the same level of interpersonal communication. It is a republican process which ultimately comes down to simple mathematics. This method of decision-making, outside of registration, is oftentimes anonymous. The nature of the process, in many cases, allows individu als to maintain their privacy, as others cannot know with certainty, for whom or what a person has voted.A disadvantage of majority rule is the majoritys ability to vote against the interests and preferences of those in the minority without those groups or individuals creation heard or involved in the discussion. Those in the minority may be disenfranchised and remove themselves from the decision-making process because they are aware they do not have the numbers to win or significantly trespass the vote.

Previously conducted

crinkle surrounds exhibit a variety of structures and work outes, Including flat and horizontal organizational forms, ultrasonically matrix structures, networks of virtual organizations and self- directed work teams. When business organizations respond to challenges by embarking on a agitate charge path, they be faced with choices of which sensation of the commission methods, techniques, and systems would be most effective (Waldron, 2005). Every organization is situated inside a infracticular configuration of contingencies.It Is dependent on the securities industry and technological environment In which it operates its scale and diversity of operations, the technology employ to its work, ND the type of personnel it employs. To achieve congruence, an countenance trope is the matchless which best suits its contextual and operational contingencies. According to Mores and Yen (2001 , p. 352), to be internecinely consistent, organizations must have tightly independent and mutually supportive part In terms of strategies, structures and process. The guidance of organizations faces a challenge to reward the centering report system. Tragedies and structures together In order to achieve agonistical advantage and enhance performance. Thus, movement needs to e carried out to protagonist management make appropriate decisions in order to achieve this congruence. This read examines companies in Malaysias manufacturing industry in responding to the rapid repositions in technological and militant environment In Malaysia as a result of globalization. Globalization has changed the environment surrounding organizations operating In developing countries with an increase In misgiving, step up Industry competition and advanced technology.According to Kansas, Md-Mansard and Doris (2003) globalization brings in in the buff family tree and makes a developing country open to greater competition. These changes whitethorn mask the choice of management bil l practice (MAP) in an organization and may to a fault result in the need for the firm to reconsider its living organizational design and strategies in order to fit with the changing environment. This ground Is supported by Burns and Escapes (2000) and Shields (1 997), who suggest that changes in environment type changes in organizations, which in turn cause changes in MAP.Background and Signifi notifyce of the hit the books The business environment in a developing country differs from that within a plopped country with regards to market size, access to manufactured Inputs, although some developing economies are quite large, most are not the menu of domestically produced intermediate inputs and capital equipment is often limited a scarcity of technicians and scientists in leaveition affects flexibility in the production process and the ability to absorb new technologies root word is relatively limited macroeconomic and relative price capriciousness is typically more extreme legal systems and crime prevention are also relatively poor and corruption is often a stern problem. Malaysia is categorized as the developing country, however it has more advanced infrastructure and technology compared to most other developing countries. Malaysian manufacturing industries are also more concentrated than those of most developed countries (Apothecary, 2002). With globalization, the application of technology in Malaysia has increased, peculiarly through foreign investment (Kansas et al. , 2003).Changes in business environment in Malaysia arising from a market- oriented economy and government policies that provide businesses with the opportunity for growth and profits, have made Malaysia a highly nominative manufacturing and trade base. LITERATURE REVIEW Management Accounting and Its Evolution The basic innovation of report information is to help users make decisions. Management be is divide of invoice that produces information for managers and forms an impor tant integral part of the strategic process within an organization. It involves the process of identifying, measuring, accumulating, analyzing, preparing, interpreting, and communicating information that helps managers fulfill organizational objectives (Hormone, Sunder, Stratton, Burgomaster, &038 Chatterer, 2007).Chartered bring in of Management Accountants (I-J) views management accounting as an integral part of management which requires the identification, generation, presentation, interpretation and use of information relevant to Formulating business strategy be after and controlling activities decision-making efficient resource usage performance improvement and foster enhancement. Johnson and Kaplan (1987) argued for a relevance lost in management accounting. They pointed the issue of inappropriateness of accomplished management accounting techniques which offered little capacity for roving useful and well-timed information for founder decision and control in the con temporary environment of rapid technological change and vigorous competition. Following Johnson and Kaplan (1987), management accounting techniques had rapidly developed for better decision-making and management control.To promote a better understanding of the changes in management accounting practices, the International Federation of Accountants (AFC) (1998) provides a framework explaining the development of management accounting. This framework explains the evolution in management accounting through four recognizable stages. Management Accounting change Management accounting change is not a logical phenomenon. wherefore one swaned by management accounting. Researchers. It is evident that both the outside factors (environmental) and internal factors (relating to the organization concerned) have influenced the recent development of new management accounting systems and techniques. According to Shields (1997), the potential change drivers are competition, technologies, organizati onal design and strategies.These drivers of change also indicate the differing roles which causal factors digest have in the process f change. Change in environment also implies uncertainty and risk which create a demand for further management accounting change in the form of non-financial measures (Vivo, 1999). Less attention has been given by researchers to the management accounting change process. Burns and Escapes (2000, p. 4) observed that, little research attention has been given to understanding the processes through which new management accounting systems and practices have emerged (or failed to merge) through time. Change can be communicate in a variety of dimensions.According to The American Heritage Dictionary, 4th Edition, change includes all of the following aspects becoming different or undergo mutation transformation or transition going from one phase to other(prenominal) making an exchange modifying substitution giving and receiving reciprocally replace with anot her abandon. This definition illustrates different types of change and shows that, in general, it is not a uniform phenomenon. Wisecracking and Alliterate (2007) suggest change in management accounting as a learning methodology to understand how environmental factors shape internal process within organization. According to them, the process of change reflects on the question of how management accounting techniques emerged, evolved and were transformed when new demands from the changing environment are in place. From a management accounting perspectives, different types of change can be researched upon.For example Essay (2003) study change with respect to the consolidation of Activity Based Costing (BBC) into strategy to manage organizations operating activities. It is suggested that BBC can contribute to improve organizational performance if implemented as part of the overall organizational change strategy. Prefer, McKinney and Harrison (2003), examined changes in term of introduct ion, abandonment and reintroduction of transfer pricing in government trading enterprise as it move from protected monopolistic status to centralization. Research Method Data sources there are two types of data sources are used to obtain the needful information 2. 1. Primary Data Direct interview though a survey questionnaire. That was needed for this assignment. Secondary data Online articles on management accounting Previously conducted research papers on different issues of management accounting magazines, brochures, etc This study has attempted to enhance our understanding of the effect of alinement among management accounting and organizational change, in Malaysian manufacturing companies, on performance. It explores the causal kinship between competitive environment and advanced manufacturing technology with MAP, strategy and structure. interrelationship between MAP with structure and strategy is also investigated.The research findings confirm that the model developed mai nly from a Western perspective is largely applicable to the Malaysian context. Moreover, this study presents a number of distinctive findings to add to the existing iterate. It identifies certain important associations, particularly in relation to the alignment among the organizational factors, I. E. , MAP, structure and strategy. As the business environment is continuously changing, organizations and their managers leave find it is critical to cope with these changes to ensure that institutional factors are by rights matched. Supply of relevant information is essential for managers to make effective decisions regarding an appropriate alignment.This study had been designed to achieve the research objectives. By employing a logical and reliable theology, this study has significantly contributed to the theoretical and methodological knowledge in this area. The findings from this research also provide a useful guideline to organizations, especially their managers, to make decisions in light of the current changing environment. Apart from these contributions, this researchs vector sum has also provided useful guidance for future research. References magazines, brochure CT vane link http//www. En. Wisped. Org/ candle/about management accounting http// en. Wisped. Org/wick http//en. Wisped. Org/wick/management accounting system

Dulce et Decorum est †Anthem for Doomed Youth Essay

Dulce et Decorum est and Anthem for Doomed Youth atomic number 18 two poems written by Wilfred Owen during the First World War. Owen, the like some soldiers, joined up after being convinced that state of fight was period of play by propagandistic posters, poems and stories, and once he had realised that the truth was quite an the contrary of this, he decided that it was his responsibility to oppose and sound off against poets like Jessie Pope by dint of poetry itself. People were not prep atomic number 18d for the miasmic scale and manner of death and the mechanised nature of trench warfare, and had wild expectations of the heroic endeavour, but little awareness of the realities.However, compared to Dulce, the arouse portrayed is dramatically understated. Dulce is an outrageous protest, displaying the haunting and bitter effects of war, and after describing in majuscule detail the horrific story of a soldier drowning and choking in gas, Owen reveals his passionate hat red for the false and misleading idealisms of heroism in war victimisation particularly emphatic resource in cancer and bubble corrupted lungs.The position that Anthem is a sonnet, is ironic in that they are usually round love, and beca use of goods and services it is actually about black bile, it somewhat lulls the contributor into a false sense of security, therefore making the poem much than effective. twain poems seem to talk about the vile and painful conditions in war, Dulce using onomatopoeia in trudge, giving the impression that war is truly appalling, at a time going against the common belief that it is a game from poems like Whos for the game?. Also, true to both poems is the idea of undignified and casual death, kind of than the heroic, glorious death promised by governwork forcetal propaganda. For example, in Dulce, Owen talks about the way they flung the stagnant soldier in a wagon with such ferine nonchalance.Furthermore, Anthem introduces a typical Vict orian funeral with singing choirs, and juxtaposes it with the shrill, demented choirs of shout out shells on the battlefield, and with the constant end-stopped lines, this conveys a sense of solemn grief instead than the vicious anger in Dulce, which tends to use enjambment more frequently. Also, Anthem discusses the lack of ceremony and dignity in which people are honoured after their death on the battlefield, and Owen reveals his anger for this using the powerful, hyperbolic head rhyme in rifles rapid rattle. In addition, the fact that the sound of tool gun fire is reflected in the phrase rifles rapid rattle presents to the reader that the harsh realities of war are indeed more than just frightening.In addition, a sense of necessity and immediacy is portrayed in the succor stanza of Dulce, when Owen uses direct speech and exclamations in Gas Gas, while the epizeuxis and use of the present continuous tense devotes further emphasis to this desperate urgency .On the other hand , Anthem has a strong sense of sympathy and global tranquillity throughout the second stanza, which is juxtaposed by something quite the opposite in the first. As well as this, the light lexis used in spoken language such as glimmers and tenderness in the second stanza, excrete the impression that it is a poem of mourning and respect rather than anger and hate.In general, Dulce uses fairly vulgar and crude language, conveying his disrespect for propagandistic poets, as well as his anger at the unawareness of the dangers of war of the British publicHe plunges at me, guttering, choking, drowning.Owens use of the words guttering, choking and drowning, has numerous implications and effects. Firstly, a gutter represents the bottom of society, and therefore shows how soldiers anxious(p) is in fact not a respectable act, but rather an act that is hardly noticed by society. Also, the onomatopoeic sounds of guttering and choking, give an even more emphatic doubling of death on the battl efield, characterization Owens desire for the awareness of the harsh realities of war in offspring culture as well as in everyday men. Finally, the fact that Owen uses three separate adjectives to describe the horrific scene, in addition to the tri-conic notion it gives, the phrase implies that Owen could not put what he was seeing into words, and therefore persuading the reader that war is simply a catastrophic, desperate excuse for a fight, sacrificing millions of men in the process.Unlike Dulce, Anthem brings out the mournful, respectful side of Wilfred Owen through the melancholy atmosphere he creates through the modulation of harsh imagery to a more resigned toneThe monstrous anger of the gunsbut in their eyesShall shine the holy glimmers of goodbyes.This dramatic contrast between uncouth and frightening imagery in monstrous anger of the guns and the solemn melancholy in the holy glimmers of goodbyes is a very moving one. This is not just now because the phrase refers to t ears in young mens eyes, which in itself is a saddening image, but also because it refers to goodbyes, forcing a more personal image of saying goodbye to close friends or relatives as they go to war upon the mind of the reader, again, creating a sombre mood. In addition, the end-stopped line pursuance goodbyes is very effective in that it makes the goodbye seem all the more sudden, harsh, and hurtful.In conclusion, Dulce and Anthem, although they are both written in protest against the deceiving propaganda made by various people, they go about it in unalike ways. Dulce is an outright outrage at individuals, which we know from Owens draft that it was targeted at Jessie Pope, using coarse and harsh language to do so. Anthem on the other hand is a more solemn and moving poem, although it starts as if it were to be an outrage, before we learn that in fact, it is only grieving for the dead and their lack of ceremony, and it becomes literally, an anthem for doomed youth.

The Vampire Diaries: Dark Reunion Chapter Eleven

The car skidded in easy i of the police cars that was parked crookedly in the street. t hither were lights eachwhere, lights winkle blue and red and amber, lights blazing from the Bennett house.Stay here, lethargy snapped, and he plunged placeside, future(a) Stefan.No fairishs motion jerked up she pauperizati wizd to grab him and drag him back up. The alter nausea shed entangle ever since Tyler had menti unrivaledd Vickie was oerwhelming her. It was withal late shed cognise in the first instant that it was a standardised late. phlegm was only sledding to formulate himself killed too.You detain, decorous-keep the doors locked. Ill go subsequently them. That was Meredith.No Im throw up of having ein truthbody tell me to reside becoming cried, struggling with the seat belt, fin wholey vanquishting it unlocked. She was soundless crying, only if she could count well enough to get out of the car and origin toward Vickies house. She heard Meredith recompense backside her.The activity entirely attainmed c at a timentrated at the front people shouting, a woman screaming, the crackling fathoms of police radios. fairish and Meredith headed straight for the back, for Vickies window. What is wrong with this picture? middling conception wildly as they approached. The wrongness of what she was dateing at was undeniable, yet hard to put a finger on. Vickies window was open- dear straight apart it couldnt be open the middle pane of a bay window never opens, Bonnie thought. But then how could the curtains be fluttering out standardized shirttails? non open, broken. Glass was each oer the gravel pathway, grinding underfoot. in that location were shards handle grinning teeth unexpended in the bare frame. Vickies house had been broken into.She asked him in, Bonnie cried in agonize fury. Why did she do that? Why?Stay here, Meredith verbalize, separate outing to moisten teetotal rims.Stop telling me that. I can presume it, Meredi th. Im mad, thats altogether. I despise him. She gripped Merediths weapon system and went before.The gaping hole got closer and closer. The curtains rippled. There was enough office between them to see inside.At the last moment, Meredith pushed Bonnie outside(a) and looked by dint of first herself. It didnt matter. Bonnies psychic senses were awake and already telling her more or less this place. It was like the crater left in the ground after a meteoroid has hit and exploded, or like the charred skeleton of a fo residual after a wildfire. Power and violence were close up thrumming in the air, however the primary(prenominal) event was over. This place had been violated.Meredith spun away from the window, doubling over, retching. Clenching her fists so that the nails bit into her palms, Bonnie leaned forward and looked in.The smell was what struck her first. A wet smell, meaty and coppery. She could closely taste it, and it tasted like an accidentally bitten tongue. The s tereo was playing something she couldnt hear over the screaming out front and the drumming-surf sound in her hold ears. Her eyeball, ad scantilying from the nefariousness outside, could see only red. Just red.The record player clicked and the stylus swung back to the beginning. With a shock, Bonnie recognized the song as it started over.It was Goodnight Sweetheart.You monster, Bonnie gasped. offend shot by means of her stomach. Her hand gripped the window frame, tighter, tighter. You monster, I hate you I hate you Meredith heard and straightened up, turning. She shakily pushed back her hair and managed a fewer deep breaths, trying to look as if she could cope. Youre cutting your hand, she state. Here, let me see it.Bonnie hadnt even realized she was gripping broken glass. She let Meredith take the hand, but instead of letting her examine it, she move it over and clasped Merediths own wintry hand tightly. Meredith looked terrible ignominious eyes glazed, lips blue- black-and -blue and shaking. But Meredith was good-tempered trying to take care of her, still trying to keep it together.Go on, she utter, looking at her friend intently. Cry, Meredith. Scream if you want to. But get it out somehow. You dont induce to be cool now and keep it all inside. You perk up every right to lose it today.For a moment Meredith average stood there, trembling, but then she shake her head with a ghastly render at a smile. I cant. Im just not made that way. strike on, let me look at the hand.Bonnie might accommodate argued, but just then dull came more or less the corner. He started violently to see the girls standing there.What are you doing-? he began. Then he saw the window.Shes dead, Meredith tell flatly.I know. Matt looked like a bad photograph of himself, an overexposed nonpareil. They told me up front. Theyre bringing out He stopped.We blew it. Even after we promised her Meredith stopped too. There was nothing more to say.But the police will have to deal us now, Bonnie said, looking at Matt, then Meredith, finding one thing to be grateful for. Theyll have to.No, Matt said, they wont, Bonnie. Because theyre saying its a suicide.A suicide?. Have they seen that room? They call that a suicide? Bonnie cried, her voice rising.Oh, my God, Meredith said, turning away.They think maybe she was go throughing abominable for having killed Sue.Somebody broke into this house, Bonnie said fiercely. Theyve got to admit thatNo. Merediths voice was softening, as if she were very threadbare. Look at the window here. The glass is all outside. Somebody from the inside broke it. And thats the rest of whats wrong with the picture, Bonnie thought.He probably did, getting out, Matt said. They looked at each new(prenominal) silently, in defeat.Wheres Stefan? Meredith asked Matt quietly. Is he out front where everyone can see him?No, once we found out she was dead he headed back this way. I was flood tide to look for him. He must be or so somewhereSh s aid Bonnie. The shouting from the front had stopped. So had the womans screaming. In the relative stillness they could hear a faint voice from beyond the somber walnut trees in the back of the yard.-while you were supposed to be watching herThe tone made Bonnies whittle break out in gooseflesh. Thats him Matt said. And hes with Damon. Come onin one case they were among the trees Bonnie could hear Stefans voice clearly. The twain br another(prenominal)s were facing each other in the moonlight.I trusted you, Damon. I trusted you Stefan was saying. Bonnie had never seen him so angry, not even with Tyler in the graveyard. But it was more than anger.And you just let it happen, Stefan went on, without glancing at Bonnie and the others as they appeared, without giving Damon a materialise to reply. Why didnt you do something? If you were too much of a coward to fight him, you could at least have called for me. But you just stood thereDamons face was hard, closed. His black eyes glittere d, and there was nothing lazy or casual about his posture now. He looked as unbending and brittle as a pane of glass. He opened his gumshield, but Stefan interrupted.Its my own fault. I should have known punter. I did know better. They all knew, they warned me, but I wouldnt listen.Oh, did they? Damon snapped a glance toward Bonnie on the sidelines. A kick went through her.Stefan, wait, Matt said. I think-I should have listened Stefan was raging on. He didnt even front to hear Matt.I should have stayed with her myself. I promised her she would be safe-and I lieShe died thinking I betrayed her. Bonnie could see it in his face now, the ungodliness eating into him like acid. If I had stayed here-And that would have been better Stefan cried. His chest was heaving. I would rather have died with her than stood by and watched it What happened, Damon? He had gotten hold of himself now, and he was calm, too calm his green eyes were burning feverishly in his demented face, his voice vici ous, poisonous, as he spoke. Were you too busy chasing some other girl through the bushes? Or just too uninterested to come down in?Damon said nothing. He was just as sick of(p) as his brother, every muscle tense and sturdy. Waves of black fury were rising from him as he watched Stefan.Or maybe you enjoyed it, Stefan was continuing, moving another one-half step forward so that he was right in Damons face. Yes, that was probably it you liked it, world with another killer. Was it good, Damon? Did he let you watch?Damons fist jerked back and he hit Stefan.It happened too fast for Bonnies eye to follow. Stefan fell backward onto the soft ground, want legs sprawling. Meredith cried out something, and Matt jumped in front of Damon.Brave, Bonnie thought dazedly, but stupid. The air was crackling with electricity. Stefan raised a hand to his mouth and found subscriber line, black in the moonlight. Bonnie lurched over to his side and grabbed his arm.Damon was flood tide after him aga in. Matt fell back before him, but not all the way. He dropped to his knees beside Stefan, sitting on his heels, one hand upraised.Enough, you guys Enough, all right? he shouted.Stefan was trying to get up. Bonnie held on to his arm more firmly. No Stefan, dont Dont she begged. Meredith grabbed his other arm.Damon, forget it alone Just leave it Matt was saying sharply.Were all crazy, getting in the middle of this, Bonnie thought. Trying to break up a fight between two angry vampires. Theyre going to kill us just to shut us up. Damons going to swat Matt like a fly.But Damon had stopped, with Matt blocking his way. For a long moment the scene remained frozen, nobody moving, everybody rigid with strain. Then, unwillingly, Damons stance relaxed.His hands lowered and unclenched. He force a slow breath. Bonnie realized shed been holding her own breath, and she let it out.Damons face was cold as a statue carved in ice. All right, have it your way, he said, and his voice was cold too. Bu t Im through here. Im leaving. And this time, brother, if you follow me, Ill kill you. bode or no promise.Damon hitched up his jacket, straightening it. With a glance at Bonnie that scarcely seemed to see her, he turned to go. Then he turned back and spoke clearly and precisely, each word an arrow aimed at Stefan.I warned you, he said. About what I am, and about which side would win. You should have listened to me, slender brother. Maybe youll learn something from tonight.Ive learned what trusting you is worth, Stefan said. Get out of here, Damon. I never want to see you again.Without another word, Damon turned and walked away into the darkness.Bonnie let go of Stefans arm and put her head in her hands.Stefan got up, shaking himself like a cat that had been held against its will. He walked a small-minded distance from the others, his face averted from them. Then he simply stood there. The rage seemed to have left him as quickly as it had come.What do we say now? Bonnie wondered, looking up. What can we say? Stefan was right about one thing they had warned him about Damon and he hadnt listened. Hed truly seemed to believe that his brother could be trusted. And then theyd all gotten careless, relying on Damon because it was easy and because they accepted the helper. No one had argued against letting Damon watch Vickie tonight.They were all to blame. But it was Stefan who would tear himself apart with guilt trip over this. She knew that was behind his out-of-control fury at Damon his own shame and remorse. She wondered if Damon knew that, or cared. And she wondered what had really happened tonight. Now that Damon had left, they would probably never know.No matter what, she thought, it was better he was gone.Outside noises were reasserting themselves cars being started in the street, the curt burst of a siren, doors slamming. They were safe in the little grove of trees for the moment, but they couldnt stay here.Meredith had one hand pressed to her forehead, her eyes shut. Bonnie looked from her to Stefan, to the lights of Vickies silent folk beyond the trees. A wave of sheer exhaustion passed through her body. All the epinephrin that had been supporting her throughout this evening seemed to have drained away. She didnt even feel angry anymore at Vickies death only depressed and sick and very, very tired. She wished she could crawl into her bed at home and. pull the blankets over her head.Tyler, she said aloud. And when they all turned to look at her, she said, We left him in the ruined church. And hes our last hope now. Weve got to make him help us.That roused everyone. Stefan turned around silently, not speaking and not meeting anyones eyes as he followed them back to the street. The police cars and ambulance were gone, and they drove to the cemetery without incident.We left his feet untied, Matt said heavily, with a grimace of self-disgust. He must have walked away since his cars still down there. Or he could have been taken, Bonn ie thought. There was no mark on the stone floor to show which.Meredith went to the knee-high groyne and sat down, one hand pinching the bridge of her nose.Bonnie sagged against the belfry.Theyd failed completely. That was the long and short of it tonight. Theyd lost and he had won. anything theyd done today had ended in defeat.And Stefan, she could tell, was pickings the whole responsibility on his own shoulders.She glanced at the dark, bowed head in the front seat as they drove back to the embarkment house. Another thought occurred to her, one that sent thrills of alarm down her nerves. Stefan was all they had to protect them now that Damon was gone. And if Stefan himself was weak and exhaustedBonnie bit her lip as Meredith pulled up to the barn. An idea was forming in her mind. It made her uneasy, even frightened, but another look at Stefan put steel in her resolve.The Ferrari was still parked behind the barn-apparently Damon had abandoned it. Bonnie wondered how he planned to get about the countryside, and then thought of locomote. Velvety soft, strong black crows wings that reflected rainbows in their feathers. Damon didnt need a car.They went into the boarding house just long enough for Bonnie to call her parents and say she was spending the night at Merediths. This was her idea. But after Stefan had climbed the stairs to his attic room, Bonnie stopped Matt on the front porch.Matt? Can I ask you a favor?He swung around, blue eyes widening. Thats a loaded phrase. Every time Elena said those particular wordsNo, no, this is nothing terrible. I just want you to take care of Meredith, see shes okay once she gets home and all. She gestured toward the other girl, who was already walking toward the car.But youre coming with us.Bonnie glanced at the stairs through the open door. No. I think Ill stay a few minutes. Stefan can drive me home. I just want to talk to him about something.Matt looked bewildered. Talk to him about what?Just something. I cant explain n ow. Will you, Matt?But oh, all right. Im too tired to care. Do what you want. Ill see you tomorrow. He walked off, seeming baffled and a little angry.The bulb in the attic ceiling lamp was missing, and Stefan had lighted a candle. He was lying haphazardly on the bed, one leg off and one leg on, his eyes shut. Maybe asleep. Bonnie tiptoed up and fortified herself with a deep breath.Stefan?His eyes opened. I thought youd left.They did. I didnt. God, hes pale, thought Bonnie. Impulsively, she plunged right in.Stefan, Ive been thinking. With Damon gone, youre the only thing between us and the killer. That means youve got to be strong, as strong as you can be. And, well, it occurred to me that maybe you know you might need Her voice faltered. Unconsciously shed begun fiddling with the wad of tissues forming a makeshift fix on her palm. It was still bleeding sluggishly from where shed cut it on the glass.His glance followed hers down to it. Then his eyes lifted quickly to her face, read ing the validation there. There was a long moment of silence.Then he shook his head.But why? Stefan, I dont want to get personal, but candidly you dont look so good. Youre not going to be much help to anybody if you collapse on us. And I dont mind, if you only take a little. I mean, Im never going to miss it, right? And it cant hurt all that much. And at once again her voice trailed off. He was just looking at her, which was very disconcerting. Well, why not? she demanded, feeling slightly let down.Because, he said softly, I made a promise. Maybe not in so many words, but -a promise just the same. I wont take military personnel blood as food, because that means using a person, like livestock. And I wont exchange it with anyone, because that means love, and- This time he was the one who couldnt finish. But Bonnie understood.There wont ever be anyone else, will there? she said.No. Not for me. Stefan was so tired that his control was slipping and Bonnie could see behind the mask. An d again she saw that pain and need, so great that she had to look away from him.A strange little chill of premonition and dismay trickled through her heart. Before, she had wondered if Matt would ever get over Elena, and he had, it seemed. But Stefan-Stefan, she realized, the chill deepening, was different. No matter how much time passed, no matter what he did, he would never truly heal. Without Elena he would always be half himself, only half alive.Shed come up here to give Stefan a gift that he didnt want. But there was something else he did want, she realized, and only she had the advocate to give it to him.Without looking at him, her voice husky, she said, Would you like to see Elena? stone-dead silence from the bed. Bonnie sat, watching the shadows in the room sway and flicker. At last, she chanced a look at him out of the corner of her eye.He was external respiration hard, eyes shut, body taut as a bowstring. Trying, Bonnie diagnosed, to practise up the strength to resist t emptation.And losing. Bonnie saw that.Elena always had been too much for him.When his eyes met hers again, they were grim, and his mouth was a tight line. His skin wasnt pale anymore but flushed with color. His body was still trembling-taut and keyed up with anticipation.You might get hurt, Bonnie.I know.Youd be opening yourself up to forces beyond your control. I cant guarantee that I can protect you from them.I know. How do you want to do it?Fiercely, he took her hand. Thank you, Bonnie, he whispered.She felt the blood rise to her face. Thats all right, she said. Good grief, he was gorgeous. Those eyes in a minute she was either going to jump him or melt into a puddle on his bed. With a pleasurably agonizing feeling of integrity she removed her hand from his and turned to the candle.How about if I go into a trance and try to reach her, and then, once I make clashing, try to find you and draw you in? Do you think that would work?It might, if Im stretch for you too, he said, with drawing that intensity from her and focusing it on the candle. I can arrive at your mind when youre ready, Ill feel it.Right. The candle was white, its wax sides smooth and lustrous. The flame drew itself up and then fell back. Bonnie stared until she became lost in it, until the rest of the room blacked out around her. There was only the flame, herself and the flame. She was going into the flame. unsufferable brightness surrounded her. Then she passed through it into the dark.The funeral home was cold. Bonnie glanced around uneasily, wondering how she had gotten here, trying to gather her thoughts. She was all alone, and for some reason that fazed her. Wasnt somebody else supposed to be here too? She was looking for someone.measure by step, as if something were pulling her, Bonnie approached the casket. She didnt want to look in. She had to. There was something in that coffin waiting for her.The whole room was suffused with the soft white light of the candles. It was like floatin g in an island of radiance. But she didnt want to lookMoving as if in slow motion, she reached the coffin, stared at the white satin lie inside. It was empty.Bonnie closed it and leaned against it, sighing.Then she caught motion in her peripheral mass and whirled.It was Elena.Oh, God, you scared me, Bonnie said.I thought I told you not to come here, Elena answered.This time her hair was loose, flowing over her shoulders and down her back, the pale friendly white of a flame. She was wearing a thin white barde that glowed softly in the candlelight. She looked like a candle herself, luminous, radiant. Her feet were bare.I came here to Bonnie floundered, some concept teasing around the edges of her mind. This was her dream, her trance. She had to remember. I came here to let you see Stefan, she said.Elenas eyes widened, her lips parting. Bonnie recognized the look of yearning, of closely irresistible longing. Not fifteen minutes ago shed seen it on Stefans face.Oh, Elena whispered. She swallowed, her eyes clouding. Oh, Bonnie but I cant.Why not?Tears were shining in Elenas eyes now, and her lips were trembling. What if things start to change? What if he comes, and She put a hand to her mouth and Bonnie remembered the last dream, with teeth falling like rain. Bonnie met Elenas eyes with understanding horror.Dont you see? I couldnt stand it if something like that happened, Elena whispered. If he saw me like that And I cant control things here Im not strong enough. Bonnie, please dont let him through. submit him how sorry I am. Tell him- She shut her eyes, tears spilling.Stefan, no Elena says- It didnt matter. His mind was stronger than hers, and the instant shed made contact he had taken over. Hed sensed the gist of her conversation with Elena, but he wasnt going to take no for an answer. Helplessly, Bonnie felt herself being overridden, felt his mind come closer, closer to the circle of light formed by the candelabras. She felt his presence there, felt it tak ing shape. She turned and saw him, dark hair, tense face, green eyes fierce as a falcons. And then, subtle there was nothing more she could do, she stepped back to allow them to be alone.