Showing posts with label loans. Show all posts
Showing posts with label loans. Show all posts

Friday, November 20, 2020

World-Welcoming Holiday Gifts for Kids

Creative Hanukkah, Christmas and Chinese New Year gifts present an opportunity to welcome kids to their world. Although the illustrated, 32-page My First Atlas of the World from National Geographic and a squishy fabric Hugg-A-Planet Globe come as a $42 set for kids 3 and older from The Metropolitan Museum of Art in New York City (STORE.METMUSEUM.ORG), bookstores also carry child-appropriate atlases, globes and world wall maps separately. The World Wildlife Fund caters to the love kids have for animals that roam over the world. A $50 donation for worldwide conservation efforts comes with a choice of a plush animal from 50 species, from the popular Tiger to a Narwhal. For additional animal-related gift ideas, visit WWFCATALOG.ORG. Adults would have to do a little explaining to show kids how they can help the world with a gift to Heifer International, World Vision or kiva. Using the HEIFER.ORG/CATALOG online, kids and adults would learn how a $10 or $25 donation for an alpaca, goat, sheep, pig, flock of chicks/ducks or water buffalo would help a foreign family. World Vision (worldvisiongifts.org) offers a similar way to provide needy families with livestock, plus medicines, bed nets to prevent malaria. school supplies, soccer balls, fishing kits, fruit trees and clean water. Older computer-savvy students, with only a little adult guidance, could put their own $25 kiva gift card to work online by choosing to make a loan to someone in one of 80 countries. Go to Kiva.org to purchase the gift card a student would use to make a loan. Finally, in what has become a trying year, a child might like to be able to transfer or forget concerns about school, friends and other matters. UNICEF helps children and adolescents in 190 countries and territories with funds from sales of a variety of items, such as a set of six handcrafted worry dolls from Guatemala, who are ready to receive all the concerns kids transfer to them, and a wooden handcrafted 3D Tic Tac Toe set from Thailand, that kids can use to demonstrate their ability to overcome a challenge. The dolls and wooden game are each $29.95 at unicefmarket.org or by calling 800-553-1200.

Wednesday, October 30, 2019

Holiday Gifts Come From Away

Investigate presents that help others and the world.

  • SERRV (serrv.org/category/gifts)
  • UNICEF (market.unicefusa.org)
  • Heifer (heifer.org/marketplace)
  • World Wildlife Fund (gifts.worldwildlife.org)
  • National Wildlife Federation (shopnwf.org)
  • kiva micro loans (kiva.org)
  • Samaritan's Purse (samaritanspurse.org/operation-christmas-child)
  • Arbor Day Foundation (shop.arborday.org)

Friday, April 27, 2018

Hazards of Hard to Break Cheating Habit

Students learn the perils of cheating by playing a game where they all are international traders. Each student receives an envelope containing a blue card worth $20 million in merchandise and a green one worth $10 million.Both dealmakers assume they can make a great profit by reselling whatever merchandise they receive in the trade.  One or more sets of two students go out in the hall to negotiate a deal (or the whole class can discuss what kind of deal to make). They shake hands on the deal and turn their backs on each other while inserting the card or cards in the envelope they'll give to their customer. If, for example, they agree to trade both cards, but one student gives the customer only one card, what will happen, if these two try to make a deal in the future?

     Opportunities to cheat tempt young people inside and outside their families and school. If something breaks, one sibling blames another. Students cheat on tests, copy reports from material on the internet, steal clothes from retailers, get "free" food from friends who work at fast food restaurants. Young people lie about staying over at a friend's house, when they plan to do something else. They drive too fast, fail to wear seat belts, and text while driving. They drink alcohol,  experiment with drugs, and cheat on their boy/girl friends by dating others.

     Ask students if they would be willing to loan $155 million to a company mired in corruption. This is currently a real life case that provides a cautionary tale to students who would carry their cheating habits over into their careers.

    Related to a corruption enforcement decision, Odebrecht, an engineering company in Brazil, now owes a $2.7 billion fine to Brazil, Switzerland, and the United States for an extensive bribery scheme that stretched from South America to Central America to North America. On Wednesday, April 25, 2018, the company's construction unit needs loans to repay a $144 million bond within a 30-day grace period. By the end of the month, the company also owes an $11 million interest payment.

     A default on these payments could lead banks holding other Odebrecht loans to demand earlier payment, because they see bankruptcy looming. Odebrecht finds buyers for assets it is trying to sell know the company is desperate to free up cash and offer to pay lower prices over extended periods. Not knowing what future assets the company will have for collateral does not reassure potential new lenders. As it is, banks asked for new loans offer less than needed, and Brazil's government development bank is reluctant to guarantee these private loans. In few countries will government officials want anything to do with accepting a bid and letting a contract for a new Odebrecht project that could hint of a kickback or any sort of bribery.

     Corruption gives foreign investors an opportunity to gain control of key sectors in a country, when cash-strapped companies convicted of wrongdoing cannot find funds elsewhere. Corrupt Brazilian companies offer this kind of risk to their country. Already, the jointly owned China Three Gorges (CTG) and Portugal's largest company, the EDP utility, run hydroelectric power plants in Brazil. CTG holds a 23% share in EDP and aims for total control. Both companies have assets in other countries besides China and Portugal. EDP, for example, operates in 14 countries, including the United States, Spain, France, Italy, and Poland, where China is perceived as an intelligence and corporate espionage threat.
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     News that former Brazilian president, Luiz Inacio Lula da Silva, has been jailed on corruption charges for allegedly accepting bribes from Odebrecht has been noted  in Angola, one of Brazil's other former territories, as a cautionary tale.

     For an excellent overview of international efforts to eliminate corruption, consult Corruption and Misuse of Public Office, published in the UK by Oxford University Press. Cheating of any sort is risky business. There is no guarantee that governments, teachers, parents, and girlfriends/boyfriends will not find out. Trust is a terrible thing to lose.

     
   

Monday, October 31, 2016

Aspirational Holiday Gifts

My grandfather believed in aspirational rather than age- appropriate gifts. Of all the holiday and birthday presents I received while growing up, the one I most vividly remember was the fountain pen and mechanical pencil set my grandfather gave me, when I was five. My initials even were embossed on both the pen and pencil in gold.

     What are some aspirational gifts that would inspire young people to learn more about the world? A globe is my favorite. It shows the world is round and countries are their correct relative sizes to each other, unlike on some two-dimensional maps, where Greenland is as big as Africa. Globes show the world has more than 200 countries, three oceans, and seven continents, one of which is frozen. A child can put a sticker on where he or she was born and lives.

     If a child already owns a globe, there is the Atlas of Animal Adventures that shows where animals live. Children can go from the book to the globe to find the country habitats of their favorite animals.

     Even in this digital age of email, children feel very grown up, when they receive mail. With a subscription to National Geographic Kids (shop.nationalgeographic.com/ category/magazines/national-geographic-kids), they receive a magazine nearly every month. Adults also will look forward to the world's fun facts, activities, photos, and games in each issue.

     Little Passports (littlepassports.com) is another way to give children mail every month. Each mailing provides activities, souvenirs, letters from fictional pen pals, and other fun ways to learn about a particular country.

     Presenting a child with a $25 kiva (kiva.org) gift card enables a child to loan someone in one of 80 countries the funds to improve a life. With the help of an older person, a child can scroll through the faces of people who need just a little help to plant a crop, open a store, or build something. And it is up to the child to decide where to offer his or her loan. They then receive email messages telling the amounts of every loan repayment.

     And finally, to advance a student's budding interest foreign languages or foreign travel, I'd suggest Other Wordly: Words Both Strange and Lovely From Around the World  by Yee-Lum Mak and illustrated by Kelsey Garrity-Riley and the series: The 500 Hidden Secrets of London, The 500 Hidden Secrets of Paris, and The 500 Hidden Secrets of Barcelona.

     None of these aspirational gifts will choke children under three (I hope), but they will give them a head start in feeling comfortable in the world where they will spend their lives.