Voice of america Essay Example | Topics and Well Written Essays - 500 words

Voice of america - Essay Example VOA is amongst the five international broadcasters of the US that are civilian are function directly under the supervision of Broadcasting Board of Governors (BBG). The programs by VOA are offered in some 44 languages on all sorts of mediums including Internet, TV and radio. Number of languages broadcast in TV out of these 44 languages is 26. There are distinct websites for the different language services of VOA and they make use of a whole range of social media websites including Youtube, Facebook and Orkut to approach the audience and share views with them. Contents of the programs broadcast include but are not limited to culture, news, education, live calls and discussions. Every week, 1500 hours of news are produced by VOA that cater for the concerns of some 123 million people all over the world. Facilities of VOA include 33 studios for recording and production, 20 studios for the broadcast of radio, 32 suites for the editing of videos and 4 television studios. President Gerald Ford signed a law in 1976 according to which VOA should play the role of a consistently authoritative and reliable news channel. The news-center of VOA is spread over an area of 30000 sq. ft. Every day, as many as 150 news reports are generated by the news-center about different programs and in different languages. In addition to about 90 part-time reporters, VOA has 13 overseas and 48 domestic reporters. VOA’s system of integrated digital audio is the greatest of all across the globe. There are about 1180 employees of VOA. Many of them are quite aged and are likely to expire within the next decade. Most of them will be replaced by federal employees or contractors. The annual budget of VOA amounts to $207 million. Since the start of the 21st century, there has occurred a tenfold increase in the TV audience of VOA, of which 1/6th are English people. About 10 per cent of the total budget of VIA is spent upon the internet. Number of visits made in

Consumer Borrowing Essay Example | Topics and Well Written Essays - 500 words

Consumer Borrowing - Essay Example On the other hand, there are users whose spending needs exceed their current income levels so they have a deficit. Therefore, they require additional funds to make up the difference. These funds can be trasferred from suppliers to demanders of money in two ways. First is through Financial institutions that are of two types including depository insitutions such as commercial banks, saving and credit unions (also known as financial intermediaries) and non-depository instituions such as life insurance companies, pension funds and finance companies. Depository institutions especially banks accept deposits from savers (lenders) of money that they can withdraw on demand. They pool customer deposits and use these funds to make loans or investments to demanders or borrowers of money (consumers and businesses). These institutions make money because of interests rate that they charge from demanders, which is higher than what they to pay to savers or depositors of money. On the other hand, non-depositry institutions such as insurance companies accept business risks of their customers in return for a series of payments called premiums. They then invest their excessive funds after meeting their operating expenses (insurance claims, salaries etc). Finance companies offer short-term loans to borrowers. They usually sell securities or borrow funds from commercial banks therefore they tend to charge higher interest rates as compared to banks. Second is through financial markets where people and organizations wanting to borrow money are brought together with those having surplus funds. Financial markets are primarily divided into primary and secondary markets. Primary market are those in which corporations raise funds by issuing new securities. In Secondary markets, on the other hand, previously issued securities such as mortgages, bonds and stocks are traded among investors. Stock exchanges are perhaps the best example of these type of markets.