|
Loan Shark
A loan shark is a person who offers loans at Usury, extremely high or illegal interest rates, has strict terms of debt collection, collection, and generally operates criminal, outside the law, often using the threat of violence or other illegal, aggressive, and Extortion, extortionate actions when seeking to enforce the satisfaction of the debt. As a consistent or repeated illegal business operation or "racketeering, racket", loansharking is generally associated with organized crime and certain criminal organizations. Description Because loan sharks operate mostly illegally, they cannot use the legal system to collect such debts, thus they often resort to enforcing repayment by terms of blackmail and threats of violence. Historically, many moneylenders skirted between legal and Crime, criminal activity. In the recent western world, loan sharks have been a prominent feature of the organized crime, criminal underworld. Loan sharking is not to be confused with predatory lending wi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Loan
In finance, a loan is the tender of money by one party to another with an agreement to pay it back. The recipient, or borrower, incurs a debt and is usually required to pay interest for the use of the money. The document evidencing the debt (e.g., a promissory note) will normally specify, among other things, the principal amount of money borrowed, the interest rate the lender is charging, and the date of repayment. A loan entails the reallocation of the subject asset(s) for a period of time, between the lender and the borrower. The interest provides an incentive for the lender to engage in the loan. In a legal loan, each of these obligations and restrictions is enforced by contract, which can also place the borrower under additional restrictions known as loan covenants. Although this article focuses on monetary loans, in practice, any material object might be lent. Acting as a provider of loans is one of the main activities of financial institutions such as banks ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lost Decades
The Lost Decades are a lengthy period of economic stagnation in Japan precipitated by the asset price bubble's collapse beginning in 1990. The singular term originally referred to the 1990s, but the 2000s (Lost 20 Years, ) and the 2010s (Lost 30 Years, ) have been included by commentators as the phenomenon continued. From 1991 to 2003, the Japanese economy, as measured by GDP, grew only 1.14% annually, while the average real growth rate between 2000 and 2010 was about 1%, both well below other industrialized nations. Debt levels continued to rise due to the 2008 financial crisis and the Great Recession, the 2011 Tōhoku earthquake and tsunami, the Fukushima nuclear disaster, and the COVID-19 pandemic and COVID-19 recession. Broadly impacting the entire Japanese economy, over the period of 1995 to 2023, the country's nominal GDP fell from $5.33 trillion to $4.21 trillion, real wages fell around 11%, while the country experienced a stagnant or decreasing price l ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Vandalism
Vandalism is the action involving deliberate destruction of or damage to public or private property. The term includes property damage, such as graffiti and defacement directed towards any property without permission of the owner. The term finds its roots in an Enlightenment view that the Germanic Vandals were a uniquely destructive people, as they sacked Rome in 455 AD. Etymology The Vandals, an ancient Germanic people, are associated with senseless destruction as a result of their sack of Rome under King Genseric in 455. During the Enlightenment, Rome was idealized, while the Goths and Vandals were blamed for its destruction. The Vandals may not have been any more destructive than other invaders of ancient times, but they did inspire English poet John Dryden to write, ''Till Goths, and Vandals, a rude Northern race, Did all the matchless Monuments deface'' (1694). However, the Vandals did intentionally damage statues, which may be why their name is associated with ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Star (Malaysia)
Star Media Group Berhad (doing business as The Star; ) is a conservative English-language newspaper in Malaysia. Based in Petaling Jaya, it was established in 1971 as a regional newspaper in Penang. It is the largest paid English newspaper in terms of circulation in Malaysia, according to the Audit Bureau of Circulations. It has a daily circulation of about 250,000 (), far eclipsing the circulation of its next-largest paid English-language competitor, the ''New Straits Times'' (which has a circulation of approximately 65,000). ''The Star'' is a member of the Asia News Network. It is owned by the publicly listed Star Media Group. History The daily newspaper was first published on 9 September 1971 as a regional newspaper based in Penang. ''The STAR'' went into national circulation on 3 January 1976 when it set up its new office in Kuala Lumpur. In 1978, the newspaper headquarters were relocated to Kuala Lumpur. ''The Star'' continues to expand its wings over the years. In 19 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Singapore
Singapore, officially the Republic of Singapore, is an island country and city-state in Southeast Asia. The country's territory comprises one main island, 63 satellite islands and islets, and one outlying islet. It is about one degree of latitude () north of the equator, off the southern tip of the Malay Peninsula, bordering the Strait of Malacca to the west, the Singapore Strait to the south along with the Riau Islands in Indonesia, the South China Sea to the east, and the Straits of Johor along with the State of Johor in Malaysia to the north. In its early history, Singapore was a maritime emporium known as '' Temasek''; subsequently, it was part of a major constituent part of several successive thalassocratic empires. Its contemporary era began in 1819, when Stamford Raffles established Singapore as an entrepôt trading post of the British Empire. In 1867, Singapore came under the direct control of Britain as part of the Straits Settlements. During World ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Malaysia
Malaysia is a country in Southeast Asia. Featuring the Tanjung Piai, southernmost point of continental Eurasia, it is a federation, federal constitutional monarchy consisting of States and federal territories of Malaysia, 13 states and three federal territories, separated by the South China Sea into two regions: Peninsular Malaysia on the Mainland Southeast Asia, Indochinese Peninsula and East Malaysia on the island of Borneo. Peninsular Malaysia shares land and maritime Malaysia–Thailand border, borders with Thailand, as well as maritime borders with Singapore, Vietnam, and Indonesia; East Malaysia shares land borders with Brunei and Indonesia, and a maritime border with the Philippines and Vietnam. Kuala Lumpur is the country's national capital, List of cities and towns in Malaysia by population, largest city, and the seat of the Parliament of Malaysia, legislative branch of the Government of Malaysia, federal government, while Putrajaya is the federal administrative capi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cantonese Language
Cantonese is the traditional prestige variety of Yue Chinese, a Sinitic languages, Sinitic language belonging to the Sino-Tibetan language family. It originated in the city of Guangzhou (formerly known as Canton) and its surrounding Pearl River Delta. While the term ''Cantonese'' specifically refers to the prestige variety, in linguistics it has often been used to refer to the entire Yue subgroup of Chinese, including related but partially mutually intelligible varieties like Taishanese. Cantonese is viewed as a vital and inseparable part of the cultural identity for its Cantonese people, native speakers across large swaths of South China, southeastern China, Hong Kong and Macau, as well as in Overseas Chinese, overseas communities. In mainland China, it is the ''lingua franca'' of the province of Guangdong (being the majority language of the Pearl River Delta) and neighbouring areas such as Guangxi. It is also the dominant and co-official language of Hong Kong and Macau. Further ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Loan Shark Awareness Campaign Lift Door Sticker In Singapore
In finance, a loan is the tender of money by one party to another with an agreement to pay it back. The recipient, or borrower, incurs a debt and is usually required to pay interest for the use of the money. The document evidencing the debt (e.g., a promissory note) will normally specify, among other things, the principal amount of money borrowed, the interest rate the lender is charging, and the date of repayment. A loan entails the reallocation of the subject asset(s) for a period of time, between the lender and the borrower. The interest provides an incentive for the lender to engage in the loan. In a legal loan, each of these obligations and restrictions is enforced by contract, which can also place the borrower under additional restrictions known as loan covenants. Although this article focuses on monetary loans, in practice, any material object might be lent. Acting as a provider of loans is one of the main activities of financial institutions such as banks and credit ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
National Bank Of Kazakhstan
The National Bank of Kazakhstan is the central bank of Kazakhstan. History The National Bank of Kazakhstan was established on the basis of the Kazakh Republican Bank of the State Bank of the USSR (since 1990, the State Bank of the Kazakh SSR; since 1991, the National State Bank of the Kazakh SSR). On 13 April 1993, in accordance with the Law "On the National Bank of the Republic of Kazakhstan", the National Bank of the Kazakh SSR was renamed the National Bank of the Republic of Kazakhstan. On 30 March 1995, a new Law of the Republic of Kazakhstan dated March 30, 1995 No. 2155 "On the National Bank of the Republic of Kazakhstan" was issued. On 15 November 1999, the National Bank of Kazakhstan became the founder and the sole shareholder of the Kazakhstan Deposit Insurance Fund ("KDIF"). Management Structure The National Bank is accountable to the President of Kazakhstan, President of the Republic of Kazakhstan, but acting independently to the extent scope of authority granted ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Israeli Mafia
The Israeli mafia (, or ) are the organized crime groups operating in Israel or consisting of Israeli members. There are 16 crime families operating in Israel, five major groups active on the national level and 11 smaller organizations. There are six Jewish crime families active and three Arab crime families. Many heads and members of the crime groups have either been killed or are in prison. Organized crime in Israel The major crime groups are the Abergils, the Abutbuls, the Alperons, the Dumranis, the Shirazis, the Amir Molnar and the Zeev Rosenstein syndicates. The illegal activities they are engaged in include operating casinos and other forms of gambling inside and outside Israel, car theft, prostitution, human trafficking, money laundering, murder, protection and extortion rackets, loan sharking and drug dealing. According to former Israel Police Commissioner David Cohen, Israeli crime organizations had penetrated the formal economic sector and local governments, and "equ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Central Bank Of Ireland
The Central Bank of Ireland () is the national central bank for Ireland within the Eurosystem. It was the Irish central bank from 1943 to 1998, issuing the Irish pound. It is also the country's main financial regulatory authority, and since 2014 has been Ireland's national competent authority within European Banking Supervision. The Central Bank of Ireland was founded on 1 February 1943, succeeding the Currency Commission of Ireland, a currency board established in 1922. Since 1 January 1972, it has operated under the Central Bank Act 1971, which completed the transition from the strict post-independence currency peg to the pound sterling to a fully autonomous central bank. Its head office, the Central Bank of Ireland building, was located on Dame Street, Dublin from 1979 until 2017. Its offices at Iveagh Court and College Green also closed down at the same time. Since March 2017, its headquarters are located on North Wall Quay, where the public may exchange non-current ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
