The Role of New Media in Shaping the Image of Cultural Diversity in Essay

The Role of New Media in Shaping the Image of Cultural Diversity in Britain of the 21st Century - Essay Example Culture diversity also describes a variety of dissimilar communities or individuals with divergent origins, faiths and customs all co-existing and intermingling with each other. The assorted societies around the globe are distinct from each other. Their cultural disparities are clear from the way they dress, talk and relate among others. There are also considerable disparities in the way communities structure themselves, in their mutual presumption of morality and in the manner they interact with their surroundings. The conception of cultural variety is grounded on the notion that cultural personalities should not be discarded, but rather sustained and valued. The basis of this notion is that every culture and ethnic group has distinct characteristics (Amin, p. 20, 2002). Cultural diversity also comprises of having an open mind that recognizes, allows, values and even celebrates the varied ways in which individuals live and interrelate in the globe. Appreciation of this cultural vari ety makes a person understand that despite all these variations, as human beings, we look for similar things. These crucial things encompass well-being, respect, acceptance, autonomy, and equity. Features of diversity include age, cognitive structure, customs, economic background, instruction, ethnicity, gender personality, geographic milieu, language, pious beliefs and political inclination among others. However, some critics assert that this phrase is frequently misused to describe the diversity of human communities or cultures in a certain locale or the globe. This trend is referred to as multiculturalism as opposed to ethnic variety. The ethnically destructive action of globalization has had an unconstructive impact on the world’s ethnic variety (Alibhai-Brown, p. 89, 2000). Cultural Variety in Britain The two world battles of the previous epochs, the resultant disintegration of empires and the advancement of transit technology considerably changed a lot of things in Euro pe. Since this era, massive immigration started into both Europe and the UK. This rate has, however, reached extraordinary levels in the previous decades. In 2005, the population of Britain was anticipated to reach seventy million with the seventy percent increase attributable to enormous immigration. Britain was formerly an extremely homogenous community. However, since WWII, Britain has become considerably varied as it has hosted massive immigrant populations. The mixtures of cultural associations complicate the procedure of describing Britain as appearing of behaving in a certain manner. Britain has gained from this cultural diversity all through its long history and most presently it is amongst the most ethnically diverse nations in the universe. The UK has a long account of racial and cultural variety. Current decades have seen significant immigration of dissimilar racial associations into the UK from around the globe. This has generated a community extremely diverse in the 21s t epoch. This is with conceptions such as super diversity which have surfaced in an attempt to express the diversification of variety. The massive immigrations have pushed the coalition administration to establish stringent immigration controls. However, overseeing cultural variety is a complex and tricky challenge. Administrative regulations directed at fostering cultural variety over the previous year have failed to foster social assimilation and cohesion as envisioned. The administration’

Law of Banking and Financial Institutions Benchmark Assignment

Law of Banking and Financial Institutions Benchmark - Assignment Example However, the general process that applies under the New York law for the incorporation of a bank is that; first, the organizers file a notice of intent for forming the bank. This notification of resolved is required to contain all the names of the principal directors/owners of the bank and nature of capital set aside for the operation of the bank. Second, the law requires that the organizers serve the nearby banks with a notice informing them of the intended new bank to be set in the country or locality. Subsequently, the bank is required to have a minimum number of five incorporators and in its application describe the classes of stock that it wishes to register and trade. Additionally, in the event that the nature of the bank to be formed is under the management of private bankers, they would be required to pass a fitness test for banking, have a minimal permanent capital amount of $1 million, and not engage in any purchases of real estate’s investments. In addition, the general limit is set for real estate loans that they are allowed to in the event of an unimproved realty. This limit is two-thirds of the reality and three-quarters of the reality when it improves (Bender, 2012). The statutes also restrict the bank from having any dealings with similar businesses. In other instances, the organizers of the bank will need to organize regular meetings with the Comptroller of Currency’s office and attend informal conferences with regard to the application. Based on these meetings, the formal application of the bank will take place with the submission to the District Office where the bank will be situated. After this, the public opinion is sought for a period of 30 days from other parties of interest before the final declaration of the bank’s application status (Asser, 2001). Given that the application is satisfactory, the Comptroller issues a letter of preliminary approval. From the date of preliminary approval, the law requires that the  bank begin operations within 18 months.