Friday, January 31, 2020

Economic Impacts Essay Example for Free

Economic Impacts Essay The Attack on the World Trade Centre in Manhattan had happened on September 11, 2001. The attack had led to the destruction of numerous buildings and lost of lives. This had greatly affected not only the citizens of the United States. The incident had also affected the economy of the country. According to the report of Mr. George Kahn (2001) , the vice-president   and economist of Federal Reserve Bank of Kansas, US economic growth had already slowed dramatically. Based on the experiences in the year 1996 to 1999, a growth in the GDP has been experienced. It is only logical to think that GDP will continue to rise in the next few years. However, Real GDP has slowed to a 2.8% rate of growth last year. Unemployment had moved down from 3.9% in th year 2000 to 4.9% in August. The slowdown in the economy had led to unexpected increase in energy prices and re-evaluation of the prospects for corporate earnings. Prices in the stock market have been affected, and consumer spending began to slow down. In early September, prices on energy began to stabilize and consumer spending had hold-up. Although manufacturing activity continued to decline but in a slower rate as compared to what happened in the early part of the year. However, this has all changed after the attack in September 11. 2001. Looney (2002) has used categories to differentiate the different economic impacts of the attack in the United States. His categories were based on two types. First is the nature of the impact and second is the length of time the economy has affected the country. In this paper, the author would use the length of time the impact has on the economy. These effects would be divided into three parts: The short-term impact, the medium-term impact and the long-term impact. Short-term impacts of the economy can be further categorized into two. These are the immediate short-term direct impact and the immediate short-term indirect impact. Looney (2002) had enumerated several short-term impacts after the September 11, 2001 attack. For the immediate short-term direct impact, it was stated that Lower Manhattan of New York had lost an approximate of 30% of its office space because of the attack. Reports stated that an estimate of 200,000 were destroyed or relocated out of New York City. Estimated cost of destruction of physical assets in businesses amounts to $ 14Billion for private business, $ 1.7Billion for the local and state assets and $ 0.8Billion for federal enterprises. Rescue, cleanup operations and other cost related to these two is approximately $11 Billion. Total direct costs as computed by Looney (2002) in the article, is estimated to be at around $27.2 Billion. However, Mr. Alan Hevesi, had considered other factors that was not included in the article of Robert Looney. Hevesi (2001) considered the lost of human capital which is estimated to be at $11 billion. These are the lives of the workers who had been killed during the attack. This figure is based on the expected earnings during the personâ€⠄¢s remaining work life. Indirect short term impacts of the attack are the following: Consensus forecast for the GDP growth of the US economy is lowered by 0.5 percentage points in the year 2001 and 1.2 percentage points in the year 2002. Implied projected cumulative lost from the attack up to the year 2003 is estimated to be half a trillion dollars. Private sector investments went down the same with their inventory levels. The attack had shown the government that an additional investment is needed for the security of the country. It is estimated that an increase of 9.25% in defense spending was used by the government. Firms such as security and information technology had increase in demand. Federal Reserve had lowered the price of credit and and temporarily liquidated their assets to safeguard the integrity of the financial system and save businesses from bankruptcy. Aside from the impacts stated above by Looney (2002), Hevesi included factors such as disabilities and trauma to be at $3Billion, business interruption, training and liability losses to be at $21 Billion, Net Lost Rents of $ 1.05 Billion from both the damaged and destroyed buildings and Lost wages which amounts to $9.6 Billion In the medium term, Looney had defined several sectors that had been affected by the attacks. Five areas were highlighted on his report and these are the Insurance, Airlines, Tourism and other service industries, Shipping, and Defense. Losses of the Insurance industry are estimated to be at $30 to $58 Billion. These losses are the highest record in the history of the country. Primary insurers have increased their premiums and dropped their coverages for terrorism related risk, this in turn had affected other key industries. Strongest impacts of the insurance were seen in the aviation, tourism, transportation, construction and energy generation sectors. Commercial property and liability insurance rates have been raised by 30% on the average. The terrorist had used airplanes in order to trigger the attack on the World Trade Center and the Pentagon. This had lead in putting the aviation industry in a weak position. An estimate of 20% decrease on the service orders had been ecperienced by airlines. Government support and airline passenger traffic was below normal and an estimate of 100,000 layoffs has been announced. Employment opportunities which were normally up in October and November fell by 80,000 or an estimate of 8% from the expected. Another sector that has been greatly affected is the tourism and service sector. These include hotels, tours, automobile rentals, travel agencies, and civilian aircraft manufacturers. As stated by Looney (2002), hotels have reported higher vacancy rates and employment in the sector as a whole fell by 58,000 in October and November. Relative Equity Values declined by 15%. Preliminary report of Fiscal Policy Institute in New York (2001) included attendance of people in the Broadway theatres had also decreased.. The Shipping sector was in a way affected by the attack, Maritime shipping rates had increased from 5 to 10 percent on average in the two weeks after the attack. Relative stability of freight rates ,despite the decrease in fuel costs and under-utilized capacity of the ships implied that transportation cost had increased because of the attacks Defense sector had experienced a significant increase on security-related programs in the budget for the year 2003. An additional budget of $48Billion was proposed for national defense. Homeland security budget was also increased from $20 Billion in 2001 to $38 Billion in 2002. An enhancement on the training of first responders which are the fireman, police and rescue workers were done, total preparation amounted to $8 Billion for domestic defense spending. The Fiscal Policy Institute or FPI (2001) included in their report losses on advertising because after the attacks commercial runs on television networks were cut down. FPI (2001) had estimated that there would be a 1,000 reduction in advertising employment and a 3% drop of revenues would be experienced by the advertising sector. Looney (2002), enumerated five effects in the   economy. These effects are higher operating costs, higher level of inventories, higher risk premium, Shift of resources t the military defense, and the shift away from globalization. As stated above, several increase in spending for defense had been experienced by the country, and higher insurance premiums were also done in the industry.   The attacks and also led to longer wait for time activities because several sectors and consumers are already cautious. These three reasons had led economist to say that higher operating costs maybe experienced by the industries in the country. Since businesses had been interrupted because of the attacks, several companies were not able to resume immediately. Businesses may be required to hold larger inventories at scale for fear that their suppliers may not be able to give the materials that they needed on time. An evidence on these was shown in the article of Looney wherein the auto industry production was interrupted because availability   of components were not immediately shipped out because of the delays in the crossing of the US-Canada Borders. The attack may have lead investors to avoid risking their money in businesses. As a result, higher risk premiums may be passed on to businesses in the form of higher interest rates, and lower equity prices. This could also lead to lower equity prices, business investment lowering and smaller capital stocks. The attack had been a terrorism activity. In response to this issue, the government would most likely divert their attention in strengthening the country’s defense through the military. Many resources may be diverted to military use. Research and Development Resources can be also shifted to concentrate on the development of new devices to thwart terrorism activities. Since there had been interruption in the cross-borders of the country, investors may think twice in investing abroad and concentrate on domestic investments. During this time, the â€Å"anthrax† scare is already being shown in the media. Several investors and the government may have taken this into consideration as such higher cost could be experienced because the businesses and the government would closely inspect items going in and out of the country. In the Chicago GSB magazine, the authors have included economic recovery for the country. According to Kevin Murphy, part of the debate team, expected recovery of the economy may occur within 15 months after the attack. Measured loss in the economy is estimated to be at 0.6% of the total asset of the country. Judging from the percentage of economic loss, the percentage shows a very minimal figure. Gary S. Becker, another part of the team had also stated that the country had retained basically all the human capital prior to the attack and because of this, the US economy would recover fully. It has been 6 years since the attack of the terrorist in the United States. Prior to the attack the economy of the country is already in the decline stage and this had been accelerated by the attack in the World Trade Center. Although the attack had greatly affected the economy, it is necessary to think on the before situation of the country because that situation had also affected the impact of the attack. The economy of the United States had already recovered since then, however, same security measures are still being by the country to address the issue of terrorism.

Thursday, January 23, 2020

Muscle Growth Essay -- Muscle Growth Physiology Health Essays

Muscle Growth With the introduction of such modern conveniences such as the automobile, remote control, and even the electric toothbrush people are relying on technology to do everything for them. With a generation growing up in todays society physical tasks have almost become obsolete. Tasks such as even going shopping and going out to visit a friend can be done from the comfort of your own computer. With this sedentary lifestyle, muscular size will almost be unnecessary, except for the athlete who wants to succeed in sports. To the non-athlete, there will be no reason to leave the house because everything that you need will be at your fingertips, you will not have to get up and do anything. Any type of exercise is good for the body and muscles. Muscle growth is essential if you want to look better, feel better, and perform everyday tasks such as walking to the car, and getting out of bed easier. A person who is in shape will also sleep better then an out of shape person, and feel more revitalized in the morning. Muscles account for approximently 35% of the body weight in women, and about 45% of the body weight in men. With over 600 muscles covering the human skeleton muscles give the body bulk and form. Then human body contains millions of muscle fibres whose coordinated contraction cause the whole muscle to contract. Muscles are the foundation on which our bodies are built. Without muscles our bodies could not perform the simplest tasks such as opening our eyes, talking, breathing and even the pumping of our heart or the most difficult tasks, such as running the hurdles in a track and field event.. Muscles are also important to maintain balance and posture. Description of Muscles In the body there are several types of muscles that control different functions in the body, one of these types being skeletal muscle. Skeletal muscle is the most evident in the human body due to it having the most mass the other types of muscles and that it lies directly under the skin attached to the skeleton by tendons and ligaments. Skeletal muscles are divided into three structural units, the entire muscle, the muscle bundle, and the muscle fiber (cell). Each muscle fiber is divided into two types of fiber structure, fusiform and pennate, with the pennate being broken up into three basic structures. These structures being the un... ...ng program you should properly stretch the muscles being worked in order to keep them loose. Stretching should also be done directly after a workout because the muscles are still warm and can be stretched more easily. This will also increase flexibility which can be very advantageous in preventing injuries such as muscle sprains and strains. A Conclusion to Muscle Growth A muscle growth program can be beneficial to everybody, from the young athlete wanting to succeed in sports, to the older man trying to help stay and feel young. The benefits of muscle growth are too high to be passed out by anybody who has any sort of ambition of feeling better about themselves, looking better, and having more energy for everyday tasks. You will find that once you start weight training, and muscle and strength growths are noticed that it will almost become addicting and the desire for bigger and better results will become greater and greater. I would recommend muscle growth to anybody, and anyone who disagrees should give it a try, just for a little while, and after the results of improved strength and muscle size are noticed weight training will become a part of their life.

Wednesday, January 15, 2020

Five Phases of the Project Lifecycle Essay

Abstract The project lifecycle describes the tasks that must be completed to produce a product or service (NYS Project Management Guidebook, 2003). The Project Lifecycle has been divided into five phases. The first phase of the Project Lifecycle is the Define Phase in which the project concept is evaluated, selected and defined as the solution to a specific need or set of needs. In the second Plan phase, the concept is developed into a practical plan for implementation. The Launch phase of project lifecycle constitutes the third phase. This is a phase in which management activities are carried out to establish clear terms of reference and a clear management structure. The Manage phase of project lifecycle is the penultimate phase in which the implementation plan is executed. The final phase is termed the Close phase in which the project is completed and documented. The deliverables are then handed over to the care and control of the owner. The Five Phases Each phase of the project lifecycle is associated with a number of activities. The number of activities in a project depends on the class of the project and also on the judgment of the project manager. The different activities associated with each phase of the project lifecycle are described below: Define Phase The Define or Initiation Phase is the first phase in the Project Life Cycle and essentially involves starting up the project. A project is initiated by defining its purpose and scope, the justification for initiating it and the solution to be implemented. (MPMM, 2007) Project Request Approval: Approval of the project request formalizes and institutionalizes the project. This activity ensures that only projects that deserve the kind of investment that is envisaged are selected for implementation and executed. It helps in managing the workload of individual departments. In the ideal situation, anyone can make a project request on a prescribed project request form signed by the operating unit head. The project approver evaluates the report on the basis of pre-specified criteria. The output of this activity is in the form of either an approved or a denied project. If the project is approved, a project manager is assigned. Project Overview Statement: The Project Overview Statement (POS) provides the essence of the project. It is a short document that establishes the purpose of the project and its relevance to the organization in terms of the business value that it will provide. The Project Overview Statement identifies the problem which the project addresses and determines the goals and objectives of the project. The effort that would be required in completing the project is estimated, and the assumptions, risks and obstacles are identified. The primary objective of the POS is top impress the importance of the project upon the senior management and to secure its support for the project. Once the management is convinced, the project manager gains the authority to use organizational resources for the project. During the course of the project lifecycle, the POS becomes the point of reference for the project. Business Case: This activity helps to build a case for the project by justifying it as a business need. All the costs and benefits of the project are weighed before taking the decision to investment in the project. Dependencies, fund requirements and risks are identified. A cost-benefit analysis is undertaken. Project Governance: In this activity the roles and the activities of the different team members and stakeholders are identified and fixed. The decision making hierarchy and structure of the project are defined. Escalation procedures are also drawn up. Management Approval for next phase: This activity concentrates on acquiring the approval of the management to move to the next planning phase of the project. Each phase of the project lifecycle constitutes of a transition activity to move into the next phase. In this activity, the senior management analyzes status report and feedbacks from customers. The senior management together with the project manager then takes a decision whether the project should move into the next phase or not. This activity ensures that projects that are found unworthy or not feasible are rejected early in the lifecycle. Plan Phase The focal point of this phase is developing the project scope into a stable project plan, which will be later used to guide the project through the project life cycle and fulfill the business requirements (Hinds IT Management). Start-off meeting: This is the kick-off meeting in which the project manager sets guidelines for project execution, reviews the Project Overview Statement and lays down the expectations from the project team. Timelines, approach, assumptions and constraints are discussed in this meeting. There is a conscious effort to dispel any doubts that team members may harbor. The minutes of this meeting is documented. Project Approach: The objective of this activity is to define a solution for the project and to identify the method to deliver the solution. An implementation approach to meet the project goals is developed. Policies and standards are laid down. This activity also validates the planning activities required. Various methods in which the project objectives can be achieved are evaluated and the best adopted. Components from other projects that can be applied in the project under consideration are identified. A rationale is provided for the adoption of the particular project approach. The project approach is documented. Quality Strategy: The quality strategy to be adopted for the project is determined. The project manager and his team decide which Quality Assurance and Quality Control activities will be carried out during the course of the project lifecycle. A list of Quality Assurance and Quality Control activities is developed. Work Breakdown Structure: The project is broken down and decomposed into smaller components of activity units, sub tasks and work packages. This enables the manager to estimate the duration of the project more objectively, determine the resources that would be required and also work out a schedule for project execution. It provides the management with enhanced control. A work break down structure evolves out of this activity. This activity is an element of the work plan. Time and Cost Estimate: The time and cost for each task is estimated depending upon the resources available and capability. The time and cost estimate that is drawn up becomes an input for the work plan. Schedule Development: This activity documents the various tasks that need to be executed during the course of the project lifecycle and then assigns responsibilities and establishes timelines for the tasks. Dependencies between various tasks are highlighted. Resources are assigned to the tasks, quality reviews and testing are planned. This activity ensures that the project is completed on time and that the business aspect of the overview statement is addressed. Once the overall schedule is available, the project manager is responsible for monitoring the progress closely. The deliverable of this activity is the work plan. Risk Management Strategy Plan: This activity develops a complete plan for handling risks pertaining to the project. It defines how risks will be identified, who will do so and at what frequency risks will be identified. It adopts a risk monitoring toll, sets the risk escalation matrix and defines how to handle issues with high risk probability. The roles and responsibilities for the risk management process are accorded. Communications Management Plan: This plan is developed to ensure flow of required information to all team members. Access methodologies are worked out, information is categorized according to target groups and overall communication systems defined. Issue Management Plan: An issue management process is defined in this activity. The objective of the activity is to ensure that issues are identified, evaluated and assigned for resolution. An issue log is documented and tracked. Quality Assurance Plan: This plan is implemented to validate that the major activities and processes are completed with an acceptable level of quality. Acceptance criteria for deliverables, quality assurance activities, in-process control plans, and quality-related responsibilities are defined. Frequency of project plan reviews, frequency of receiving and sending status reports, and frequency of checking for process improvements are determined. Resource Plan: This plan is developed to determine the resources that will be required during the various phases of the Project Lifecycle. It also takes into consideration the need training programs or other value-addition processes. The type and amount of resources needed are determined. The estimated output, availability, and cost of the resources are determined. Procurement Plan: This plan draws up the procurement strategy. The scope and type of products and services that are to be procured are outlined. Procurement responsibilities are fixed and assigned. Vendor evaluation criteria and approval procedures are set. Operational Transfer Plan: This activity ensures the smooth activation of the project. Installation processes and related roles and responsibilities are identified. Pre-requisites for smooth rollout of processes are tracked and planned for. Stephenson et. al. (2000) in the Mars Climate Orbiter Mishap Investigation Board puts high importance on this activity. Referring to NASA operations it states that â€Å"close attention should be paid from project outset to the plan for transition between development and operations. Adequate systems engineering staffing, particularly a mission systems engineer, should be in place to provide a bridge during the transition between development and operations, and also to support risk management trade studies.† Integrated Project Plan: This activity enables proper co-ordination of the project. Roles and responsibilities are identified. Reviews are planned; all aspects of the project are examined to ensure that all relevant factors are taken into consideration. Team Assignment: Team assignment is done to ensure that individuals with appropriate skills are assigned to the relevant group and area of work. The Project Manager balances resource availability with the Work Plan. Work packages are defined and assigned and any questions and conflicts regarding work packages are resolved. Management Approval for next Phase: Management approval is given for the next phase based on analyses of status reports and feedbacks. Planning takes a lot of patience. A traditional mistake is to leap before one is ready. When there is pressure to deliver, the temptation is to ‘get the ball rolling’ (Jenkins, 2006). Launch Phase Initial Meeting: The project manager informs the team members of the ground rules of the project, the working style, the communication plan and the escalation process for conflict resolution. The minutes of the meeting is documented for reference. Initial Risk Identification: Risks are identified and categorized during the course of this activity. For each risk identified, the risk event is assessed in terms of likelihood of occurrence and its effect on project objectives if it were to occur. The objective is to ensure that the entire team is involved in the identification of risks for the project. This ensures that all perspectives are taken into account while planning for risks. Team Readiness: This activity consists of preparing each member of the team to handle the roles and responsibilities that has been assigned to the person. Training programs, workshops and seminars are organized for skill and knowledge updating. Key goals are identified for each team member. Within the team, each role is accountable for the activities necessary to achieve its own quality goal (Microsoft, 2002). Manage Phase The project plan is executed in the Manage Phase. The primary purpose of project management during this phase is to monitor, evaluate and communicate project progress and to define and implement corrective measures if progress does not meet the expectations defined in the Project Plan (Heinsights, 2003). This phase comprises the following activities: Performance Tracking and Reporting: The overall objective is to track the progress of the project and to ensure that the project is progressing at a satisfactory rate. Cost, time, scope and quality are tracked along with actual accomplishments and results. All persons associated with the project are provided access to the progress records. Team meetings are held to exchange information. The status of the project is reported to the relevant stakeholders. Weekly status reports and tracked project schedules are the outcomes of this activity. Schedule Control: The objective of this activity is to ensure that tasks are executed as per the Work Plan so that the deadline for the project can be met. If there is any possibility of delays, the relevant stakeholders are informed.   The project manager tracks the various tasks in a project by exchanging task status information with team members and then incorporating the latest status information into the project Work Plan. If the any task, schedule or resource information changes, the Project Manager communicates the revised Work Plan to the project team. The outcome of this activity is the tracked work plan. Change Control: However meticulous the planning may have been, all projects need to accommodate changes. The objective of this activity is to ensure that all changes to scope are documented and authorized by the relevant stakeholders.   Any change to the scope is communicated to the project manager. Change requests are put up to the project manager who approves or denies the request in consultation with the management. Cost Control: This activity ensures that the project cost adheres as closely as possible to the budgeted cost. Since costs are agreed upon at the beginning by the sponsors, the project manager has to monitor the costs and report any deviation of project cost from the budget cost to the sponsor or customer. A status report documents project costs in the various phases of the project. Quality Assurance and Control: This process comprises project reviews, product reviews, code reviews, testing, and any other process that the Project Manager might think necessary. Defects are identified, and categorized. Root causes are analyzed. This activity is carried out with the objective of ensuring that the project team meets the project requirements in terms of all requisite quality criteria. Monitoring and Controlling consists of those processes performed to observe project execution so that potential problems can be identified in a timely manner and corrective action can be taken, when necessary, to control the execution of the project (Wikipedia, 2008). Procurement Management: The objective is to ensure adherence to the procurement plan and procedures so that the selection procedure is fair and the quality of supplies and services are acceptable. Risk Management: Risk management follows the Risk Management Plan that was adopted in the Plan Phase. The management monitors all risks with a risk exposure over the threshold limit. Risk mitigation strategies are planned and contingency plans are developed. The Risk Matrix is revisited at an appropriate frequency. Information Distribution: This activity ensures that all parties concerned have easy access to relevant information in accordance with the information sharing plan. All relevant information needs to be communicated to the appropriate parties at the right time and in the appropriate format. Time Tracking and Management: This activity is concerned with the logging of all time spent on the project. Time spent is tracked at a project level, and analyzed at an organizational level. The output is in the form of time sheets and variance reports. Management Approval for next phase: Management approval is given for the next phase based on analyses of status reports and feedbacks. Close Phase This consists of bringing the project to an orderly end: formalizing and communicating the acceptance or conclusion of a project, handing over to the ongoing accountable area, completing an Activity Completion Report and, for major projects, holding a post implementation review (QUT, 2008) Transition to Production: The Operational Transfer Plan is carried out after the required checks are done. This activity ensures that all planned testing is carried out, all customer requirements are met and that the product is fully operational. Customer acceptance of the product is ensured before commencing production. Wrap-up Meeting: This final meeting is again called by the project manager to take stock of everything that has happened in the course of the project. Lessons Learned: Lessons learned during the project are documented and incorporated in the knowledge base for future use. The ‘lessons learned’ document is developed and deposited in the knowledge base. Administrative Closure: The Project Manager ensures that the project is approved and accepted by the relevant stakeholders. All documentation and records are reviewed, organized and archived. Backups are taken. Resources are released and the project is closed. This activity marks the final closure of the project. References -01 Heinsights, 2003, Project Management Lifecycle, Development Standard. Hinds IT Management, Project Management Life Cycl, Lilla Nyby; Valmerdalen, Sweden. Jenkins, N., 2006, A Project Management Primer, Creative Commons, California, USA. Microsoft Solutions Framework, 2002, White Paper, MSF Project Management Discipline. MPMM, 2007, Project Management Life Cycle, [Online] Available http://www.mpmm.com/project-management-methodology.php [March 1, 2008] NYS Project Management Guidebook, 2003, Project Management Lifecycle, [Online] Available. http://www.oft.state.ny.us/pmmp/guidebook2/Origination.pdf [March 1, 2008]    QUT, 2008, Project Phases, [Online] Available. http://www.its.qut.edu.au/pp/framework/pmfphases/   [March 1, 2008] Stephenson, A., G., Mulville, D., R., Bauer, F., H., Dukeman, G., A., Norvig, P., LaPiana, L., S., Rutledge, P., J., Folta, D., Sackheim, R., 2000, Report on Project Management in NASA, Mars Climate Orbiter Mishap Investigation Board Wikipedia, 2008, Project Management, [Online] Available http://en.wikipedia.org/wiki/Project_management   [March 1, 2008]   

Tuesday, January 7, 2020

Environmental Chemistry - 1272 Words

GREEN GUIDE S P E C I A L E N V I R O N M E N T I S S U E S ------------------------------------------------- Natural gas a weak weapons against climate change ------------------------------------------------- Texas and Antarctica attacked, Rocks hint ------------------------------------------------- 2011 Among Hottest years, marked by extreme weathers ------------------------------------------------- Planting Wind Energy on Farms May Help Farmers ------------------------------------------------- With Gas Prices High, U.S. Refinery Closures Hit Workers and Drivers How to Win the War On GLOBAL WARMING NATURAL GAS WEAK WEAPONS AGAINST CLIMATE CHANGE Nathan†¦show more content†¦------------------------------------------------- PLANTING WIND ENERGY ON FARMS MAY HELP FARMERS ------------------------------------------------- Now researchers are studying whether wind turbines can have a similar effect—actually helping crops to grow. With the tremendous growth in wind energy in the past decade, turbines often have been planted in or near cropland—leading both farmers and researchers to wonder what effect the rotating blades might have on corn, soy, and other crops. Some of the leading research is under way in the U.S. Midwest, heartland of the worlds leading corn-producing nation, a place where blustery fields have beenideal for siting wind energy farms. The findings here could apply to many places around the world, wherever turbines and farms are near each other, although the effects on vegetation may vary by region or by crop. 2011 AMONG THE HOTTEST YEARS, Marked by EXTREME WEATHERS An animation still using satellite data shows Arctic sea ice melt during the summer of 2011. This year is shaping up to be one of the ten hottest years on record, according to a United Nations report announced yesterday. 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