Conflict between Georgia and Russia about republics of South Ossetia PowerPoint Presentation

Conflict between Georgia and Russia about republics of South Ossetia and Abkhazia (2008) - PowerPoint Presentation Example The was comprised a combined offensive launched from land, air and sea by the warring Russian 58th Army. Georgians and Ossetians had fought a war previously in 1992 that was sparked off as a result of the recognition of an Ossetian government by Russia, which had proclaimed liberation from the Georgian state. Some of the enclaves in South Ossetia were occupied by Georgians, who had had very healthy relations with Ossetian until the Soviet times with even a high rate of intermarriages between the two communities. On 7th August, 2008 Georgia initiated a major ground and air offensive against Ossetian militants that were largely based in the capital, Tskhinvali. Although Georgia alleges that it was done to counter Russian troop movements into the region, Russia was forced into the war when 12 of its peacekeepers were killed in an air raid by Georgian warplanes. On 8th August, Russia launched attacks into the Georgian territory that extended until the cities of Gori and Sukhumi, which lie well within absolute Georgian territory. Russia further opened an additional front by attacking from A bkhazia. After 5 days of continued fighting that included street battles, the Russian army had reached to within 30 km of the capital Tbilisi. The European Union made a significant contribution by mediating through President Nicolas Sarkozy, who brokered a ceasefire deal by visiting the leadership in Georgia and Russia, which ultimately ended major fighting by August 16th. In the coming days, the Russian army began pulling back from Georgian territory and began establishing buffer zones along the way that served as check points into South Ossetia and Georgia. On 26th August, 2008 Russia formally recognize both regions as independent and completed a total withdrawal by October 8th although troops are still stationed in both these places as part of bilateral agreements. Despite the ceasefire,

Family business an empirical analysis of their performance and Essay

Family business an empirical analysis of their performance and ownership structure - Essay Example ta connected with this has been presented in this paper along with the analysis to identify how the markets have performed in the United States and elsewhere. Founding Family Controlled Firm (FFCF) was expected to be down and the general conception is that they might not grow beyond a specific size2. But with clear targets and achievable ones being laid out, these firms have been consistently producing results3. This has resulted in more investor confidence. Sharon Nelton also points out that the second generations managers of the Family have seen to that the companies have grown manifold and investments from others were solicited. These FFCF businesses have repeatedly achieved rapid growth over a period of time. This has primarily happened because of the smaller decisions making tree which helps in swift and strong decisions. This way the company was able to respond to market situations swiftly resulting in better bottom line. In addition to these, the FFCFs are mostly professionally supported. They do employ professionals to be as consultants resulting in getting the right kind of employees for their growing business. Therefore, it was no surprise that the companies with a dynamic manager at helm could bring about rapid changes in its structure resulting in swift growth4. The same way, there has been consistent performance betterment wherever there has been a committed leadership in these companies. The performance of the companies typically, in the case of young founders was also analyzed and the reasons behind growth of the companies have to be studied. In order to ensure that the companies are appropriately studied data of various companies fitting into the cross section of FFCFs with younger founders and those FFCFs with descendant leaders in the organizations helm were taken up. This would throw a new light on the working of the FFCFs. For the purpose of our study, a business is considered family business if the controlling interest in the firm is held by