Best WordPress Image Optimizer Plugin Top Compression Options

Best WordPress Image Optimizer Plugin Top Compression Options .elementor-19992 .elementor-element.elementor-element-19992{text-align:center}Last Updated on March 17, 2020Images are an essential part of your website but they also contribute to adding to its load time. Most website owners either dont know about the WordPress image optimizer options available to them, or they ignore the fact that images add to the size of their site because they feel that the visual element images add is important for user engagement. This is true of course, but the site’s performance suffers.Thanks to some of the best WordPress image optimizer plugins listed below however, you can get the best of both worlds. You can optimize your images using plugins so that they load up faster and don’t have a negative impact on your site’s performance. Disclosure As an independent review site, we get compensated if you purchase through the referral links or coupon codes on this page â€" at no additional cost to you. Dismiss alert With tons of different WordPress image optimizer plugins out there, it can be difficult to select the perfect one for your needs. This is exactly why we have tested and selected the top WordPress image optimizers out there.We have shortlisted the 15 best WordPress image optimizer plugins that site owners should consider:You might also like: Best WordPress hosting Page optimizer Pro review Table of Contents Here are the best WordPress image optimizer plugins1. WP Rocket (best all in one WordPress optimizer)2. ShortPixel (best WordPress image optimizer plugin overall)3. Optimole (simplest WordPress image optimization)4. Smush Image Compression and Optimization5. EWWW Image Optimizer6. Imagify7. Robin Image Optimizer8. reSmush.it9. Imsanity10. Hammy11. PB Responsive Images12. BJ Lazy Load13. SEO Image Optimizer14. Optimus15. Compress JPEG PNG imagesPrefer a WordPress image optimizer that isn’t a plugin?So what is the best WordPress image optimizer plugin?Here are the best WordPress image optimizer pluginsNow let s take a look to see exactly why these particular plugins are better than the rest, and what areas of WordPress image optimization they excel at in particular.1. WP Rocket (best all in one WordPress optimizer)While not a WordPress image optimizer in the normal sense, WP Rocket tops the list because it is a comprehensive plugin that works to improve the overall performance of your website along with image lazy load and cache.While the plugin isn’t suitable for anyone that wants to resize images (we use it in conjunction with ShortPixel below for this), what it does is offer a lazy load option.With the plugin installed you have a one-click setting so images aren’t loaded until the user scrolls to it. This allows the web page to load images and content that are in the view of the user faster. Join the FREE TrainingDo You Want To Learn How To Build 6 Figures Authority Sites?Join This Free Training To...Finally have a proven method to finding profitable nichesGet access to a foolproo f keyword research methodLearn how to outsource quality contentLearn how to build white hat links to your site without headaches See WP Rocket pricing 2. ShortPixel (best WordPress image optimizer plugin overall)ShortPixel Image Optimizer is considered to be the plugin that compresses images better than all other options. The interface looks a lot like the interface you find on Imagify but with a lot more tabs and options, which some may find to be slightly more complicated. You have the option to select how much you want to optimize your images from a range of Lossy, Glossy, to Lossless.The plugin also has features to optimize PDF and Cloudflare integration and creates the new WebP images that will allow you to really speed up your site and get an SEO edge over your competitors.ShortPixel is free to use for up to 100 image credits a month. If you plan on optimizing more images on it, the plan starts at $4.99 for up to 5,000 image credits in a month. This platform is ideal fo r users that have some prior knowledge about image resizing and optimization and want the most from the process. Find out more 3. Optimole (simplest WordPress image optimization)Optimole is one of the easiest to use image optimization plugins you will come across. It has a simple, clean interface that even new to WordPress users can easily understand. All you have to do is install the plugin and it does most of the work in the background, optimizing the images on your website while showing all of them in your dashboard. It provides you will all the settings for the image from size to compress quality.The best part about this particular plugin is it has an in-depth monitoring system for users. Which shows them exactly what is happening to the images, how much they’ve been compressed, so you know the impact of the optimization. The plugin is free of cost for up to 1 GB worth of images in a month. If you have a website with more images, you can opt for the $29 per month 15 GB plan . Considered to be one of the most comprehensive plugins, this is perfect for any user looking to easily optimize images for their website. 4. Smush Image Compression and OptimizationSmush Image Compression and Optimization features an elegant interface that provides users with all the basic information they would. It gives them the option to choose whether they want to optimize both old and new pictures or pick one from the two. Obviously, since you want to improve your site’s performance, you will opt for both. It also tells you once the optimization is done, how much space you have ended up saving.Smush lets users optimize and resize pictures while also has a bulk optimization option. This lets them optimize up to 50 images at a time for the free plan. Saving them time. When not using the bulk option, there is no limit to how many images you can optimize for free.5. EWWW Image OptimizerEWWW Image Optimizer doesn’t have the easiest of interfaces to work with. Not only does i t seem outdated but it also has numerous tabs with many options for users to go through. But for most users the default settings the plugin comes with will be sufficient so you don’t have to mess with the settings too much.Users have access to optimize an unlimited amount of images with the plugin for free. It offers optimization for not just images but PDF files also. You can select the amount you want to compress for each file so you can have a different compression setting for JPG than you would have for PNG and so on.There is one catch though, the plugin uses your server to do all its process which can put a strain on it if you decide to optimize many files at once. This plugin is perfect for users that want a free platform that lets them optimize images for their website.6. ImagifyAfter Optimole, Imagify is probably one of the simplest plugins on this list. The plugin has a well-categorized module that is easy for use with options such as Settings, Display Options, and Optimi zation. You know exactly what to click to get the information you need without having to go through different menus.The platform presents users with three different settings for image optimization: Normal, Aggressive, and Ultra. Each of which compresses the image more from Normal to Ultra. You have the option of specifying the size such as the width of the images you want so the plugin will automatically resize all images to the specific size.Like Optimole, you get a monthly 1 GB limit for free after which there are plans that start from $4.99 per month. This plugin is ideal for users that want extra compression options with an easy to use interface.7. Robin Image OptimizerRobin Image Optimizer is another popular image optimizer that automatically optimizes images that are uploaded and can reduce the size by up to 80% while maintaining quality.The platform works in the background to optimize any image you upload. The maximum image size you can upload for optimization is 5 MB on the platform. It also allows users with a manual mass optimization option to bulk optimize images on the website.8. reSmush.itreSmush.it lets users optimize images individually and in bulk. The interface can seem a bit complicated but after a single use, it gets easier. The plugin will optimize images automatically and lets you upload them individually or in a group. The only thing is you can upload images that are lower than 5 MB.The plugin doesn’t let you pick a specific compression size, which can be a problem for users that want to be able to see how much more they can optimize an image. But overall, the plugin is great for any user that wants a simple WordPress image optimizer.9. ImsanityImsanity from its icon image may seem freaky but is far from it. This is a simple to use plugin that automatically works to resize images you upload to your WordPress site. As the plugin states, it resizes images to a more “sane” size. It also offers users a bulk resizing option so you can ea sily resize existing pictures on your site pretty much at the same time.The plugin works in the background, all you have to do is ensure the settings are according to your needs and let the plugin do all the work. One unique feature that Imsanity offers it to convert BMP files to JPG, making it easier to scale them down.10. HammyHammy works to take pictures you have posted on your website to resize and optimize them to a smaller size. It makes sure that the images are optimized for both desktop and mobile users alike so both users get the optimal experience when they visit your website.The plugin works for both pages and posts but will not optimize images on custom posts. So if you plan on including many custom posts, you may want to opt for another WordPress image optimizer plugin.11. PB Responsive ImagesPB Responsive Images is slightly unique as it uses a community group as far as resizing goes. The plugin automatically optimizes the picture to that which is proposed in the Respon sive Images Community group.The plugin is slightly more complicated to use so is not recommended for beginners, but it does provide users with enough features to ensure that all the images on their website are optimized for the site to perform well.12. BJ Lazy LoadThe main objective of BJ Lazy Load is to make sites load faster while saving users bandwidth. As the name suggests, it gives you the option of lazy load, putting a placeholder in place of the content while also lazy load selected images.For users that have used Lazy Load, you will find this plugin to be slightly easier as the interface is less complicated but still provides you with more customization options.13. SEO Image OptimizerSEO Optimizer Pro helps to ensure that your images are SEO friendly. While it offers to replace the alt tag and title of images, it also resizes images for posts so they load faster.The plugin has a unique interface that lets users control the size and other elements of the image so they are com pletely optimized for SEO and performance.14. OptimusOptimus can reduce your image file size up to 70% which saves you a lot of space and can drastically improve your site’s load performance, as far as images go. The plugin works in the background as soon as the images are uploaded to the website.The plugin comes with three different options, the free version lets you upload images with a maximum size of 100 KB, which may be small for most pictures today. This means you will have to go with the HQ ($29 a year) or HQ Pro ($149 a year) both of which allow for a maximum image size of 10 MB.15. Compress JPEG PNG images makes it simple for users to optimize images for their website. As soon as you upload an image to your website, the plugin goes to work and optimizes the image so that your website performance doesn’t suffer.You have the option to not just compress but resize the images to a specific size that you want. It also comes with support for WooCommerce, making it easy to re size pictures of products on your e-commerce site.The plugin is free for up to 500 uploads per month after which there is a charge of $.009 per image. This platform is for anyone looking for a tiny and no-nonsense plugin for image optimization.Prefer a WordPress image optimizer that isn’t a plugin?For users that rather not bulk up their WordPress site with a plugin, you have the option of using  ImageOptim.The program can be installed on your computer and gives you the option to manually optimize any image that you plan on uploading onto your website. Meaning, the images are optimized before you upload them.This helps keep your website that little bit lighter as plugins can, of course, slow your site a little, but the upside with compression and performance plugins usually heavily outweighs any performance downside of course, and there is also speed of implementation to think of.So what is the best WordPress image optimizer plugin?Picking between these 15 WordPress image optimizer plugins can be difficult. They all work well, some give slightly better results, and a couple knock it out of the park.Users that want a state of the art plugin that gives them more control over the optimized images as well as having the images hosted on a private CDN should go with ShortPixel.If you want an all in one solution that just speeds up your entire site then WP Rocket is the best option for you. Regarding images specifically, it does not optimize them, rather it caches them and applies lazy load to ensure your website loads faster.The ultimate solution? Let WP Rocket take care of your site in general, and add ShortPixel into the mix for lightning-fast image optimization. Its what we do, and its what we recommend for our readers. Find out more about WP Rocket Find out more about ShortPixel How to keep your WordPress site from being hacked WordPress pages vs posts

The National Pension System ( Nps ) Essay - 1284 Words

The poverty rate amongst the elders in Korea’s especially aging population is very high, it has been a very high contributor to income inequality over the past few decades . As of OECD reports in 2011 have indicated 49 percent of the population above the age of 65 lived in relative poverty. The figure in Korea is extremely high compared to the OECD average which is 13 percent. The BOAP was introduced relatively late in 2008 which covers roughly about 70 percent of the population with the benefit of 97 thousand KRW which is 16 percent of the minimum cost of living in 2014. Although there is a relative generosity in covering a large number of population for the welfare program, the BOAP has not been able to prevent a significant rise of elderly poverty rate and the GINI coefficient since 2007 . In addition to the introduction of BOAP, there was an introduction to the National Pension System (NPS). In 2013, only 29% of the age group 65 and above have benefited from the pension system. The pension coverage was also very small with only 310 thousand KRW which is about $298 per month. Moreover, there is a wide gender gap in its recipients, with 40 percent of men receiving it compared to only 15 percent of women. The relatively low participants of the NPS scheme reflects its recent introduction in 1989 . In order to address the issues of dualism in the labor market, the government tried limiting the usage of non-regular workers but also at the same time endeavored toShow MoreRelatedThe Contemporary Role Of The Nurse Practitioner1628 Words   |  7 Pagescontemporary role of the nurse practitioner in the care of U.S. veterans within the Veterans Health Administration (VHA) system. The VHA is is one of the largest employers of advanced practice providers (APPs) in the United States. Currently some role confusion exists between nurse practitioners (NPs), physician assistants (PAs) and physicians within the system. In addition to role confusion, NPs are practicing at various levels across the country demonstrating a lack of standardization of care within theRead Moreeffects of centralized vs. decentralized bargaining structures on wages, inflation, strikes, the bargaining process, and the negotiation process3314 Words   |  14 Pagesemployers in wage setting and other aspects of indus trial relations. Although collective bargaining has the general objective of supplementing or supplanting, the free market, it has not followed a uniform pattern of development in different national or industrial situations. Instead, a variety of institutional arrangements have evolved in implementing bargaining relationships between employers and employees organizations.1 These differences at the structural level of bargaining brought contrastingRead MoreImpact of Financial Crisis on Polish Economy1666 Words   |  7 Pagestime author mentions the availability of reserves for firms and expects the investment rates to improve. Another economic concern raised was high unemployment rate and the author suggested the government to introduce reforms in pension and health care system. The national ledgers also mark a red line under the current account; this deficit has grown from 3.2% in 2008 of GDP from 1.8% of GDP in 2009. The author analyzes that these levels of deficit are moderate but points at poor quality data ofRead MoreSearch3521 Words   |  15 Pagesemployee and employer contributions. Employees contribute up to 12% of basic salary with an option of paying an additional 12% contribution. Employers also pay 12% of basic salary, out of which 8.33% is used to fund the pension portion of the provident fund, called the Employee Pension Scheme. The remaining 3.67% is deposited into the employee’s Provident Fund account. Interest is credited at a rate that is announced by EPFO each year in consultation with the government. Employers pay an additionalRead MorePublic Benefits And Goods : The Peak District National Park2409 Words   |  10 Pages 1. Managing the land for the full range of public benefits and goods: The Peak District National Park provides a wide range of public benefits (ecosystem services) some of which are not widely recognised. ï‚ § The natural environment is vital for our current and future wellbeing and prosperity. The Office for National Statistics has estimated the value of the UK’s ‘natural capital’ to be  £1.6 trillion. ï‚ § The Peak District provides a range of public benefits such as clean air and water, flood preventionRead MoreThe Nurses Should Be A Strict Nurse Patient Ratio2025 Words   |  9 Pagestheir own. With the help of non-violence protesting, drastic improvements are being made within the healthcare system to this day as a result. At the majority of hospitals in the United States, the nurse-patient ratio is well off balance and nurses are simply overworked and not paid enough for all they do. Within the past decade or so, nurses have not been happy with the healthcare system we have in place today. As a result, many protests and strikes have taken place. At the majority of hospitalsRead MoreThe New Health Care System3245 Words   |  13 PagesA. The Impetus for Health Reform The American current health care system is in the middle of big changes. With the emerging of new expensive and highly designed technologies, old and new professionals especially ones in managerial positions will need to understand the impetus for this change. Also, Patient Protection and Affordable Care Act (PPACA) is Emerging to the current health care system. ACA was approved with the goals of increasing the affordability and quality of health care insurance. ItRead MoreSingle vs Multiple Financial Regulators12736 Words   |  51 PagesSINGLE Vs. MULTIPLE FINANCIAL REGULATORS An analysis of the financial regulatory systems followed around the world By: Sudharsan S Sandeep Kumar Natharali Razvi Vijay PJ Natarajan P Neeraj Kannoth (118) (110) (32) (59) (31) (106) INTRODUCTION Financial systems and financial regulators are entities setup by the government of a country to ensure the availability and flow of financial resources in a fair and lawful manner without exploitation or monopolization of the resource by individualsRead MoreSri Lankas Naval Force Essay3417 Words   |  14 Pagesthe focus areas of Sri Lanka Navy and developments required for it’s future. CHALENGES FOR CURRENT PROGRESS Specific Area of Focus 5. The naval profession has become very complex in the present day, with the development of new weapon systems, which in turns give new capabilities. Sri Lankan Navy required focus on various improvements. With the development of any country it defence force also being developed. World will demand many responsibilities from Sri Lanka Navy in Indian Ocean RegionRead MoreExplain How Own Role Fits Within the Delivery of the Service Provider5534 Words   |  23 Pagesyoure on long-term sick leave, for example, this means that you should still usually be able to receive your payslip.Tax code and National Insurance number: Your tax code is given to you by the Inland Revenue - it tells your employers how much tax to deduct from your pay. If you have the wrong tax code you could end up paying too much or too little tax. Your National Insurance (NI) number is also usually shown on your payslip. You have to have a NI number to work in the UK, and it stays the same

Why Do People Talk About Politics On The Internet

Why Do People Talk About Politics on the Internet: Craigslist’s Digital Forum’s My ethnography is focused on the digital community present in the Craigslist politics world forum, where people can create and comment on threads of topics and questions that interested them and other members. My main interest of this ethnography is why members and visitors of the Craigslist politics world forum specifically use this digital community to discuss the upcoming US presidential election when there are many different outlets for this discussion. By actively checking the updating forum and older threads, I hoped to get a better understanding for why the contributors discuss this topic in great lengths. My research questions are as follows, is there anything in peoples responses that indicates why this is their chosen community to discuss the election? What is it about this digital community that attracts such a large and active group of contributors? Do ideas and threads posted b y members seem respectful and open to meaningful discussion of the election? Does the forum appear to broadly cover all political sides, questions, and concerns? Furthermore, does the forum seem to favor a particular sided of conversation about the election? At first, I was unsure when choosing a digital community to research. After discovering the forums that Craigslist hosts online my interest was peaked. I was unaware of the many diverse forums Craigslist had and it particularlyShow MoreRelatedEssay about Media Influences on State and Local Government1219 Words   |  5 PagesAround 50 million people watch CBS, ABC, or NBC every single night in order to obtain information from the day. Since the amount of people watching a news channel every night is so great, the media has had a great effect on the lives of everyone living in the United States. In our state and local government regions, each and every news channel or newspaper is going to take a certain view and stand-point o n what the people say, think, and believe. Media effects are classified as direct or indirectRead MoreKnowledge Gap1307 Words   |  6 Pagesthis research is to identify kinds of knowledge gap that the society faced and the reasons why did knowledge gap occur. The Forms of Knowledge Gap Base on the research that has been made by researchers from the past, the knowledge gap that base on media exposure could be differentiating into few different forms which include politics, and advertising. There are knowledge gap in the form of politics between generations based on the mass media. The public has getting become more dependentRead MoreSummary Of â€Å"How Trolls Are Ruining The Internet†. In The1043 Words   |  5 Pagesâ€Å"How Trolls Are Ruining the Internet† In the article â€Å"How Trolls Are Ruining the Internet,† by Joel Stein, Stein asserts that Internet culture has changed, and not in a respectable way. At one point in time, the Internet was a friendly place that was focused on information being available for everyone. Now, it’s a cold, unwelcoming place to those who seek out personal help. People often harass others whenever they seek out assistance that isn t fact-based. These people have a name. Those who useRead MoreEssay on Religion, Politics, and Diplomacy1089 Words   |  5 Pagesâ€Å"Those who say religion has nothing to do with politics do not know what religion is† (Mahatma Gandhi). Though many politicians of the day say that government should be in a separate category than religion, it still plays an important role. Religion may not be big in countries like America, but it weighs heavily on many other countries all around the world. That is why when doing anything, a business deal, or a diplomatic trip, there needs to be cautionary measures taken. Two authors go over theRead MoreEssay on Global Village1288 Words   |  6 Pagesadvances tend to change social and political policies. We are currently in a new era of technology, one that we have many names for: the internet, the web, cyberspace, information superhighway, and many more. All of these computer technologies affect the way many of us live, especially the use of the interne t. There are some articles with strong arguments on why this new technology could cause more harm than good to some of us. One article was by a feminist scholar, Dale Spender, who wrote SocialRead MorePolitical Science And Its Influence On The Country s Current Situation Essay985 Words   |  4 PagesIntroduction Political Science teaches us about how political power is dispersed, how different governments operate and interact, how rules are made and enforced. We will come to know both the who of politics, such as international organizations, politicians, and the public, and the how†, such as political institutions, elections, and public administration. Politics have its essence in every aspect of our lives, including the availability of education, jobs, housing and healthcare. Whatever governmentRead MoreRole of Young Minds in Shaping India’s Path Towards Becoming a Superpower1554 Words   |  7 Pagesto manage the growth properly and we need to ensure that all Indians prosper and Human Rights are protected. The increasing gap between rich and poor is not good for the country and it results in revolution one-day and system will get affected if people resort to extremism. It is very important to concentrate on infrastructure development in the Country in order to attract FDI and in order to support Industry which creates plenty of employment opportunities. But, there won’t be any meaning for theRead MoreThe New Greatest Generation By Joel Steins985 Words   |  4 Pagesstatement has something to do with millennials being lazy because we would rather take the easy way out such as being the assistant than working towards being some bigger and better. Another example in his article would have to be how he mentions technology. I agree technology plays a major role of the millennials being lazy because it’s addicting, and it makes them feel as if they don’t have to do anything because everything is on the internet. Stein also talks about parents and how they’re moreRead MoreThe Debate About Information Freedom996 Words   |  4 PagesPros and cons of WikiLeak The debate about information freedom has become fiercely contested with the advent of WikiLeaks. Wikileaks is a non-profit organization which collects original resources and publishes on the website. It provides a secure platform for whistleblowers. Some people consider Julian Assange (leader of WikiLeaks) as a hero who has provided a platform to uncover the truth. This essay discusses the pros and cons for the issue. In 1971, The NewYork Times and Washington Post newspapersRead MoreNo Time At Think And Time Ain t Money847 Words   |  4 PagesLevy talks about how workers need more leisure time. In â€Å"Time Ain’t Money†, Rushkoff talks about how business are having to adjust due to new technology. Both of these authors talk about how Americans are living in a much faster society. In â€Å"Time Ain’t Money†, Rushkoff explains how new technology is affecting businesses which helps perceive why Levy talks about in his article â€Å"No Time to Think†, how people are over working and have less leisure time due to new technology which explains why we are

Sigp Grant Proposal †Joel Alvarez-Rinconeño. 1.Taking

SIGP Grant Proposal — Joel Alvarez-Rinconeà ±o 1. Taking English classes first quarter and throughout high school has unearthed my deep-rooted passion and love for writing and reading. I am most excited for the opportunity to spread my knowledge and expertise to these young children about a language with such a powerful and complex history. Previously, I studied abroad in Santiago, Chile for two months. Participating in this abroad program reinforced and improved my adaptability in differing cultural and social environments. Given this experience, I have been inspired to continue traveling and exploring the world during college. Currently, I am on the track to declaring a major in sociology, a minor in English, and obtaining an integrated†¦show more content†¦I will work five days a week (possibly six) from 7:30 am to 4:00 pm teaching young children in a classroom. I will have to create basic teaching and adapt my curriculum based on my prospective students’ level of understanding. My students will have little to no exposure to English, therefore I must use my creativity and problem-solving skills to teach my students with limited teaching materials. I am confident that my experience will improve my ability to be resilient and adaptable in new cultural environments. Furthermore, I will become more articulate when communicating with others, even when there may be language barriers. I want to effectively spread my knowledge, while also being open and receptive to the knowledge that my students may share with me. Also, my current suburban/city lifestyle at Northwestern will be completely juxtaposed by the rural Thailand environment where I will live. This internship opportunity will challenge the current level of comfort that I experience on a day-to-day basis while living here in the United States. I will develop a newfound appreciation for the goods and services I tend to take for granted since I will experience limited access to water and electricity. Furthermore, I am convinced that I will look back at this pivotal time in my life and remember how powerful my international internship experience was in helping me appreciate the b eauty that lies in the diversity of world cultures. Realistically, the only way to

Corporate Law The Corporations Act 2001

Question: Advise what are the various legal issues and causes of action that are available to the shareholders arising from the directors conduct in the above circumstances. Students should answer this question with reference to the relevant provisions of the Corporations Act 2001 and the relevant case law. Answer: Introduction The business environment comprises of the different individuals, entities and concerns and as such different rules are enacted by the legal authorities so as to augment trade and commerce. The Corporations Act 2001 is one such law enacted for dealing with companies and entities operating within Australia at federal and interstate levels. The Corporation Act is one of the prime laws governing the formation of the companies and their subsequent operation. This law also depicts the duties of the directors, officers, takeover of the companies as well as method of raising finance.[1] The paper will discuss the provisions of this Act and its applicability with the stated case study. The legal recourses available to the shareholders in respect to the directors conduct will also be discussed in the paper. Discussion Australian corporate law has its roots from the company law of UK. The source of corporation law is from the Corporations Act, 2001 that acts as a single national statute implemented by Australian Securities and Investments Commission (ASIC). The company rules as found in Australia are quite strong and can be found in other Commonwealth countries. The directors have no personal liability as a general rule since the company and the Directors are separate entities. In spite of this, the Corporations Act has stated certain conditions under which the Directors can be held liable.[2] From the case study it can be understood that there is no clear chain of command and the majority shareholders and the directors are all acting in a manner that serves their purpose without showing concern to the other shareholders. The shareholders are the actual owners of the company and the Corporations Act spells out remedies for the distressed parties in case there is a breach of interest for the alleged parties. The Corporation Act contains scope where claim can be brought against the directors and they can be relieved of their duty if the company has suffered losses as a consequence of the directors actions or the directors have amassed personal profit or certain other conditions where the shareholders believe that there have been breaches or unlawful practices.[3] This provision has been listed under the clause of derivative action contained in Pt 2F.1A within the Corporations Act. Derivative action is described as an action brought on behalf of the company and in name of the company by a person other than the company itself. This usually means the shareholder. Derivative Claim gives more power to the shareholders and empowers them with the right to protect their rights. These rights are crucial and form a layer of protection for shareholders against poor management. Being owner of the shares provides certain rights for the shareholders and the Corporation Act contains certain m echanism for redressing the grievances.[4] A derivative action is often described as a twofold action that is brought on by a shareholder so as to redress any harm. Derivative action is also described as an action used for compelling the corporation to sue it. Crux of derivative action can be described to serve two purposes: First is against the directors and the second is established upon the right of belonging to an entity. Moreover the scope of derivative action is on allowing the shareholders to evaluate and rectify the blight on the corporation as a result of wrong management. In cases of wilful misconduct by the management it is unlikely that the management will rectify the mistake by itself and thus the derivative act seeks to address the anomalies.[5] From the case study given, it may be understood that the parties related to the dispute are James Lee and Jenny Lee (holding 60% of the shares) and the directors of MTL. It may be observed that the husband and the wife along with the directors are acting on their own wit hout taking into account the interests of the other parties. There is hardly any cohesion among the different stakeholders and the directors are inclined to act on their own without consulting the other shareholders. The aim of the Corporations Act is on making sure that the various parties within a company are fairly represented and their interests are honoured thorough sound implementation of fair policies. Volume 1 under Chapter 2F deals with the rights of the members and remedies in case of a breach.[6] The derivative action is listed under this Chapter that seeks to address any conflict in interest among the members and the directors with specific remedies in the form of derivative action. Sections 236 to 242 of the Corporations Act 2001 spell out the procedures for invoking derivative action. As such the members of the MTL Ltd including Martin Lu can bring a statutory derivative action. It has been observed that most of the derivative actions have been brought on by existing s hareholders. The Corporations Act comprises of 5 volumes that have chapters from 1 to 10. These chapters deal with different intricacies that are involved in the function of a company along with the rights and responsibilities of the different members, formation and functioning of companies, merger, acquisitions and fund raising.[7] Directors regulate organisations on behalf of the shareholders. The directors have a prime role in the smooth functioning of a company and it may be opined that they have a greater onus since directors are elected by the shareholders. Some of the most important responsibilities of the directors include promoting the long-term success of the company, to take steps in conjunction with the constitution and power of the company, to exercise independent decision making and to exercise reasonable care and skill. Thus it may be observed that the prime role of the directors of a company is on undertaking decisions that promotes the best interests of the company rather than th e interests of the majority of the shareholders.[8] From the case study it may be opined that the directors of MTL have acted in a manner that benefits their own interests and ignores the responsibility of the majority of the shareholders. Among other rights bestowed upon the shareholders of a company oversight is one of the prime responsibilities and rights of a shareholder. This means that the shareholders have a right to oversee correct management of a company. Moreover they have a duty to direct the organisational management and to account for the performance of the directors. It is also the responsibility of the shareholders to ask for clarifications and to raise questions and objections to the decisions of the management in case they feel such an act is not in the best interest of the company.[9] The four instances as has been mentioned in the case study can be evaluated so as to understand the highhandedness with which the majority shareholders and the directors are conductin g the affairs of the company. From decree of the courts in the cases involving derivative action it may be seen that the focus is on ascertaining whether a derivative action is in the best interests of the company. Moreover certain other enquiries are contemplated by the courts in matter relating to the breach of rights and responsibilities within the functioning of companies.[10] These considerations include understanding whether the claim of the applicants are speculative or not, what may be the possible ramification of such litigation on the business and performance of the company, what is the relationship that exists between the applicant and other members and directors of the company and so on. One of the prime considerations in cases involving derivative action is seeking alternative way of resolving the dispute. Overall aim of the judiciary is on making sure that the various stakeholders associated with a company receive fair treatment and the ruling benefits all and sundry associate with a company. Theref ore any action arising as a result of bringing granting leave is minutely considered. Section 237 (2) (c), as such, states that the applicant needs to be given leave in the best interests of the company.[11] In Australia the best interests of a company is linked with the best interest of the group of shareholders. At times it has been also observed that the courts appoint an independent person for investigating the matters relating to inner dispute of a company and report independently to the court. Business laws have been devised keeping in mind the growth of trade and commerce and therefore they seek to instil rules that are free from personal bias and prejudice. Moreover it is also ensured that no party is following a personal agenda that harms the best interests of all the shareholders.[12] Thus it may be stated that the case of MTL Ltd needs intervention from the court for ensuring that the different parties involved in the functioning of the company get their share of the due. The company laws strictly maintain that the directors need to avoid conflict of interest stringently. Under the Corporations Act 2001, ss 191-193 the directors need to provide full disclosure in case they have an interest in a transaction. Under schedule 3 of this act criminal penalty are enlisted in case there is any non-adherence. The act of the directors to sell off the television business of MTL is in stark contrast to this principle of duties of the directors. Conclusion The paper has shed light on one of the important legislations those dfine operations of the company in Australia- the Corporation Act, 2001. This act has been evaluated with special reference to MTL Ltd. Moreover the rights and responsibilities of the directors have been analysed and it was found that the directors in MTL are acting in a manner that serve their own interest without taking into account the interests if the shareholders. Corrective provisions have also been discussed i.e. the derivative action and its applicability to MTL Ld have been analysed. From the discussion it has been concluded that the directors have a prime duty of putting the interest of the company ahead of their own interest.[14] In context to MTL Ltd this prime duty is said to be missing. The paper ends with recourses that are available to the shareholders with particular emphasis on shareholder rights and duties of the directors. Bibliography Austin R.P. Ramsay, I., Ford's Principles of Corporations Law, Butterworths, Australia, 15th edition, 2012. Baxt, R., and Fletcher, K.L., Fridman, S., Corporations and Associations Cases and Materials on, Butterworths, Australia, 10th edition, 2008. Cassidy, J. Corporations Law Text and Essential Cases. Federation Press, 4th edition Sydney 2013 Ciro T, Symes C, Corporations Law in Principle LBC Thomson Reuters, Sydney, 9th edition 2013 Fisher S, Anderson C, Dickfos, Corporations Law - Butterworths Tutorial Series, 3rd Edition Butterworths, Sydney 2009 Hanrahan, P., Ramsay I., Stapledon G., Commercial Applications of Company Law. CCH 14th edition 2013 Harris, J. Butterworths Questions and Answers Corporations Law:, LexisNexis, 4th Edition Sydney 2013. Harris, J. Corporations Law, LexisNexis Study Guide 2014 Harris, J. Hargovan, A. Adams, M. Australian Corporate Law LexisNexis Butterworths 5th edition, 2015. Latimer, P, Australian Business Law CC, 2016 Edition. Li, G, Riley, S. Applied Corporate Law: A Bilingual Approach LexisNexis 1st Edition 2009. Parker, Clarke, Veljanovski, Posthouwer, Corporate Law, Palgrave 1st edition 2012 Redmond, P., Companies and Securities Law - Commentary and Materials, Law Book Co., Sydney, 5th, 2009. Vermeesch,R B, Lindgren, K E, Business Law of Australia Butterworths, 12th Edition, 2011. [1] Harris, J. Hargovan, A. Adams, M. Australian Corporate Law LexisNexis Butterworths 5th edition, 2015. [2] Austin R.P. Ramsay, I., Ford's Principles of Corporations Law, Butterworths, Australia, 15th edition, 2012. [3] Baxt, R., and Fletcher, K.L., Fridman, S., Corporations and Associations Cases and Materials on, Butterworths, Australia, 10th edition, 2008 [4] Parker, Clarke, Veljanovski, Posthouwer, Corporate Law, Palgrave 1st edition 2012 [5] Hanrahan, P., Ramsay I., Stapledon G., Commercial Applications of Company Law. CCH 14th edition 2013 [6] Redmond, P., Companies and Securities Law - Commentary and Materials, Law Book Co., Sydney, 5th, 2009 [7] Ciro T, Symes C, Corporations Law in Principle LBC Thomson Reuters, Sydney, 9th edition 2013 [8] Li, G, Riley, S. Applied Corporate Law: A Bilingual Approach LexisNexis 1st Edition 2009. [9] Cassidy, J. Corporations Law Text and Essential Cases. Federation Press, 4th edition Sydney 2013 [10] Harris, J. Corporations Law, LexisNexis Study Guide 2014 [11] Harris, J. Butterworths Questions and Answers Corporations Law:, LexisNexis, 4th Edition Sydney 2013 [12] Fisher S, Anderson C, Dickfos, Corporations Law - Butterworths Tutorial Series, 3rd Edition Butterworths, Sydney 2009 [13] Latimer, P, Australian Business Law CC, 2016 Edition. [14] Vermeesch,R B, Lindgren, K E, Business Law of Australia Butterworths, 12th Edition, 2011.

Egypts Economic Structure

Abstract This memo explores the economic structure of Egypt and its composition. It also highlights the major economic sectors and their contribution to the Gross Domestic Product. Over and above, the memo gives figures of the macro-economic indicators in the recent years. Finally, the memo touches on the composition of Egypt’s imports and its trading volumes with the United States.Advertising We will write a custom essay sample on Egypt’s Economic Structure specifically for you for only $16.05 $11/page Learn More Egypt is a Muslim country found in the Horn of Africa. It is largely a semi-arid country though it is endowed with some very precious natural resources including oil and gold. Over the past few years, Egypt has been enjoying relatively stable economy with economic growth rate ranging between 4% and 5%. Despite the recent political upheavals, Egypt’s economic structure remained relatively unshaken. Due to the strong manufact uring and service sector coupled with good government policies, Egypt’s economy is among the best performing in Africa and the Middle East. Egypt is a mixed economy with both the private and public sectors playing significant roles in the development of the economy. Initially, agriculture constituted the largest sector in the economy of Egypt. Almost 90% of the country’s labor force was working in the agricultural sector until late 1960s. However, in the 1970s the significance of agricultural sector in the economy of Egypt decreased drastically despite efforts that were directed at reviving the sector. In the year 2010 agricultural sector contributed a mere 13.1% to the Gross domestic product (GDP) compared to 87% in the 1960s (Sriramesh Vercic, 2012). This has been attributed to the rapid expansion of the industrial sector, and the fact that less attention was paid to the sector by the government. It should be noted that though Egypt has fertile soils, it lacks enoug h rainfall which makes the agricultural sector highly dependent on irrigation. Water for irrigation is harnesses from the rivers that have their sources in different countries, mostly Eastern Africa Countries. On the same note, the soils are highly saline which limits the quantities of agricultural produce. Egypt has highly invested in irrigation majorly the production of cotton for a very long time now. In addition to cotton, Egypt also produces wheat, fruits, vegetables, rice, sugarcane and corn (Al-Din El-Din, 2008). The agricultural sector is highly regulated and the government ensures that water for irrigation is used effectively. In addition, the government has the role of ensuring that food crops are also incorporated in irrigation schemes. Similarly, due to reforms that have been instituted by the government, disparity between local and international prices has been reduced.Advertising Looking for essay on business economics? Let's see if we can help you! Get your fir st paper with 15% OFF Learn More On the other hand, the industrial sector plays a very crucial role in the modern Egypt. It should be noted that the industrial sector is very vital in Egypt and employs around 17% of the total workforce according to 2010 statistics (Sriramesh Vercic, 2012). To begin with, availability of oil has highly helped Egypt to build many industries which are employing a lot of people compared to the agricultural sector of the economy. Egypt manufactures automobiles which it exports to various countries both in Africa and the Arabic world. The sector has been growing steadily and has attracted foreign investors who partner with local firms thus increasing production. On the same note, Egypt is among the largest producers of chemicals and fertilizers in the Middle East (Ahmed, 2001). Chemical production can be traced back to the 1970s, and has continued to grow significantly since that time. Apart from the chemical and automobile manufacturing, Egypt has steel, electronic and domestic appliances industries, oil extraction and refinery factories as well as building and construction. The contribution of the industrial sector to the economy has also been increasing since the 1980s being 37% in 2010 (Sriramesh Vercic, 2012). On the other hand, the service sector has grown to be the highest contributor to the gross domestic product in recent years. Egypt has numerous tourism attraction sites which include the historical sites and good beaches that are well maintained earning the country a substantial income. On the same note, the banking sector has also advanced due to liberations that were instituted by the government which modernized the banking system. Communication and information technology are also well advanced. Averagely the service sector contributes more than 48% to the national economy and employs slightly more than half of the total work force (Farah, 2009). Egypt has a vibrant economy which is growing rapidly at around 5.3% per annum as per the statistics of 2011 (Sriramesh Vercic, 2012). Additionally, the country has a huge population which was 78.238 million in 2010 and is growing at a significant rate making the country’s market capacity continue to expand (Sriramesh Vercic, 2012).Advertising We will write a custom essay sample on Egypt’s Economic Structure specifically for you for only $16.05 $11/page Learn More However, the country is struggling with high rates of unemployment which stood at 9.7% before the political uprising. However, this figure rose to around 11.9% due to the political instability that was caused by the uprising (Sriramesh Vercic, 2012). Like most countries, Egypt’s economy is operating on a current account deficit. In 2010 it had a revenue collection of $46.82 billion with a fiscal expenditure amounting to $64.19 billion yielding a budget deficit of $17.37 billion (Sriramesh Vercic, 2012). On the investments front, Eg ypt has one of the most dominant security markets in the North African region. In 2003 the Egyptian government increased its interest rates to counter the problem of foreign currency deficits. Unfortunately, private investment shrank warranting the introduction of a radical fiscal policy, and the government instituted pay cuts by nearly half. In order to increase the disposable income of people and spur investment, a new tax law was rolled out in 2005 reducing the tax rate on income from 40% to 20% (Farah, 2009). In a nutshell, Egypt has made amendments in its laws in a bid to comply with international standards of doing business. By and large, this has made Foreign Direct investments conducive in Egypt enabling multi-national companies tap into the ever growing market in North Africa. Egypt trades heavily with foreign countries, the United States being one of them. Foodstuff is one of the major imports of Egypt together with machinery, chemicals, wood products and fuels. Due to the fact that Egypt is a semi arid area coupled with the tendency of concentrating on cash crops by many irrigation schemes, a number of foodstuff are imported. Currently, the United States of America is the largest trading partner of Egypt. The largest quantity of wheat and corn imports into Egypt comes from the United States. On the same note, Egypt also exports petroleum products, cotton and textile among other goods to the US. In the year 2009, the United States purchased 7.95% of Egypt’s exports while 9.92% of Egypt’s imports came from the US (Al-Din El-Din, 2008). Besides other commodities, Egypt imports most of its agricultural commodities due to the limitations on the volume of agricultural production. In this regard, milk and dairy products are also imported given that the local industry cannot produce enough milk to satisfy the entire population. Given the rate at which population is increasing, Egypt will require even higher quantities of dairy products. Curre ntly, Egypt imports up to 900,000 tons of milk from different countries (Sriramesh Vercic, 2012). Arguably, despite the civil unrest that engulfed countries within the Middle East and its borders, Egypt is a country with fairly sound macro-economical policies that promote trade and investment.Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Moreover, with surpluses that multi-national companies make, it has become increasingly important for firms to tap into foreign markets so as to increase their profit margins. In this regard, Egypt offers a very lucrative market for would be investors because it boasts good infrastructural support, an active service sector and a receptive consumer base. References Ahmed, A. U. (2001). The Egypt Food Subsidy System: Structure, Performance, and Options for Reform. Washington: International Food Policy Research Institution. Al-Din, H. K., El-Din, H. K. (2008). The Egyptian Economy: Current Challenges and Future Prospects. Cairo: American University in Cairo Press. Farah, N. R. (2009). Egypt’s Political Economy: Power Relations in Development. Cairo: American University in Cairo Press. Sriramesh, K., Vercic, D. (2012). The Global Public Relations Handbook, Revised Edition. New York: Taylor and Francis. This essay on Egypt’s Economic Structure was written and submitted by user Kareem Dunn to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.

Free Essays on Absolute Power Corrupts Absolutely

Absolute Power Corrupts Absolutely In the early 1840’s, Frederick Douglass wrote an autobiography of his life as a slave. His abhorrence of slavery stemmed from two fronts. The first was the reprehensible treatment and dehumanization of the African-American slave. The second was the corrupting influence the power of slavery had upon the slaveholder. â€Å"But, alas! this kind heart [of his mistress] had but a short time to remain such. The fatal poison of irresponsible power was already in her hands, and soon commenced it’s infernal work† (2). In chapters 6-8, Douglass makes one particular point, among many, quite clear: unjust laws corrupt honorable souls and make criminals of law-abiding people. Douglass relates his experience of learning the alphabet from his mistress and the subsequent cessation of this study by his master. Due to his master’s explanation of why his mistress shouldn’t teach him, a slave, to read, Douglass realizes exactly where white society gets its power to enslave black society. That is â€Å"†¦education and slavery were incompatible†¦Ã¢â‚¬  (3 & 6). Upon the heels of this revelation is a second: the pathway from slavery to freedom lies in learning to read (3). The basic injustice of keeping an entire race in mental ignorance for the soul purpose of exploiting them as a work force is one of Douglass’ main criticisms. Douglass conveys to his readers the drastic change that took place in his mistress due to the heady power of having absolute control over another person’s life. She changed from a kind, warm, hard-working soul to a tyrant under slavery’s tutelage (5). Douglass shows his readers just how she went from having â€Å"heavenly qualities† (6) to having the disposition of a tyrant by relating several years of his experiences. His mistress went from teaching him letters to furiously snatching a newspaper out of Douglass’ hand (6), from heavenly smiles to demonic fury (1 ... Free Essays on Absolute Power Corrupts Absolutely Free Essays on Absolute Power Corrupts Absolutely Absolute Power Corrupts Absolutely In the early 1840’s, Frederick Douglass wrote an autobiography of his life as a slave. His abhorrence of slavery stemmed from two fronts. The first was the reprehensible treatment and dehumanization of the African-American slave. The second was the corrupting influence the power of slavery had upon the slaveholder. â€Å"But, alas! this kind heart [of his mistress] had but a short time to remain such. The fatal poison of irresponsible power was already in her hands, and soon commenced it’s infernal work† (2). In chapters 6-8, Douglass makes one particular point, among many, quite clear: unjust laws corrupt honorable souls and make criminals of law-abiding people. Douglass relates his experience of learning the alphabet from his mistress and the subsequent cessation of this study by his master. Due to his master’s explanation of why his mistress shouldn’t teach him, a slave, to read, Douglass realizes exactly where white society gets its power to enslave black society. That is â€Å"†¦education and slavery were incompatible†¦Ã¢â‚¬  (3 & 6). Upon the heels of this revelation is a second: the pathway from slavery to freedom lies in learning to read (3). The basic injustice of keeping an entire race in mental ignorance for the soul purpose of exploiting them as a work force is one of Douglass’ main criticisms. Douglass conveys to his readers the drastic change that took place in his mistress due to the heady power of having absolute control over another person’s life. She changed from a kind, warm, hard-working soul to a tyrant under slavery’s tutelage (5). Douglass shows his readers just how she went from having â€Å"heavenly qualities† (6) to having the disposition of a tyrant by relating several years of his experiences. His mistress went from teaching him letters to furiously snatching a newspaper out of Douglass’ hand (6), from heavenly smiles to demonic fury (1 ...