Email RN By Antony Funnell for Rear Vision Updated November 08, 2018 11:22:37 Photo: The 'One China' policy was designed to be deliberately ambiguous. (Getty: Kecl) Related Story: Why China's humiliating defeat in the Opium Wars still matters today Map: China The "One China" policy means there is only one Chinese nation and that it is governed from Beijing. Right? Wrong.In fact, the policy allows for the existence of two separate Chinese entities, not one. They are People's Republic of China (PRC), governed by the Communist Party from Beijing, and the Republic of China (ROC), based on the island of Taiwan and governed by the Democratic Progressive Party.If that sounds confusing, it's because it is. The policy was designed to be deliberately ambiguous. Listen to the episodeWhat does 'One China' mean? Is it a power for peace? Or is it leading toward armed conflict in the Indo-Pacific? To further complicate matters, the One China policy isn't actually one policy at all, … [Read more...] about ‘One China’ means different things to different people. It also might mean war
What does structured settlement mean
The purpose of buying a life insurance policy is that your nominee gets the sum assured after you die. Therefore, it is important to know which insurance company has a better track record in settling death claims over the years. Death claim settlement ratio of a life insurer is one of the most important parameters to check when choosing a policy. What is the death claim settlement ratio?The death claim settlement ratio is the indicator (in percentage) that shows how many death claims an insurer has settled in any financial year. It is equal to the total number of death claims settled/paid during a financial year as a percentage of the total number of death claims against policies received during the year by the insurer.For instance, if an insurer received 100 death claims during a financial year and settled or paid 95 claims, then the claim settlement ratio will be 95 percent (95/100*100). This means that the remaining 5 percent death claims were either rejected, written back … [Read more...] about How and where to check death claim settlement ratio of life insurers
“The work of a structural engineer is to anticipate eventualities and possibilities, analyse the design in that perspective, suggest changes or alternate designs, incorporate new elements to make the building a reality. This comes with experience, intuition and learning,” says Mahendra Raj, structural engineer. He has been associated with architects, Le Corbusier, Achyut Kanvinde, J.A. Stein, B.V. Doshi, Louis Kahn, Charles Correa, Ranjit Sabikhi, Ajoy Choudhury, Raj Rewal, Kuldip Singh, who shaped several iconic buildings of post-Independence India in New Delhi. Now in his 90s, Raj as Mahendra Raj is referred to, is full of beans with a razor sharp memory, but rather reticent. When he finally opens up, we see a sense of humour and pride in his work. “Read up on the role of structural engineers,” he responds in an admonishing tone when faced with the rhetorical question — are structural engineers worth writing about? Recalling the charm of the heady days, … [Read more...] about A structural engineer who redefined design
Email By Anna Henderson and Dan Conifer Updated April 11, 2016 13:00:34 Related Story: Labor takes aim at big banks, promising royal commission Map: Australia Federal Opposition Leader Bill Shorten says an incoming Labor government would hold a royal commission into misconduct in the banking industry.We look at the role of royal commissions and what would likely be involved.What's a royal commission?Royal commissions are public inquiries governed by an act of Parliament. They can be called on any matter "connected with the peace, order and good government of the Commonwealth or any public purpose or any power of the Commonwealth".Why does Labor want one?The financial and banking sectors have been rocked by controversies in recent years. CommInsure scandal: Who's who?Meet some of the key players involved in the scandal engulfing one of Australia's biggest life insurers, CommInsure. In 2014 a Senate committee recommended a royal commission into the Commonwealth Bank … [Read more...] about What is a royal commission and why does Labor want one into the banking industry?
Earnings should start looking better in next 2-3 quarters, says Vikas Khemani, Founder, Carnelian Capital Advisors. Excerpts from an interview with ETNOW. Just a fortnight back, we were cribbing about the sentiment and it all seems to have changed overnight. There is a big reform drive. How do you think the market is going to perceive the disinvestment candidates from here on or for that matter the other PSUs which very well could be in the pipeline to be privatised?It is a very good move by the government. In fact, I was disappointed when they put this in the Budget, but sooner than later at least they have done it. I think it is a right move both from the perspective of what the government has said. There is no business for government to be in any business and so it is a move in the right direction. Also it helps the government manage their finances in the shorter term. Eventually, all those PSUs should be strategically divested. It is a very good move in the right direction. The … [Read more...] about If any one divestment does not take place, we would run a big risk : Vikas Khemani, Carnelian Capital Advisors