Security questions regarding U.S. military support to Turkey Essay

Security questions regarding U.S. military support to Turkey - Essay Example In the recent crisis between Syria and Turkey the following problem has appeared: does NATO approve the initiatives of Turkey, so far, in regard to the military conflicts within Syria? The answer seems to be positive. This view is based on the statement of the Secretary-General Rasmussen that ‘obviously Turkey can rely on NATO solidarity’, a statement made on the 9th of October (NATO 2012). Of course, as a member of NATO, Turkey has right to ask for such support. Still, the intervention of NATO in the conflict between Turkey and Syria would have certain implications that can be reflected in a series of security questions. 2. U.S. military support to Turkey – Security questions In order to refer to an issue as being related to security it is necessary for certain terms to be met. The common form of security questions is described in the study of Everts (2001). According to the above researcher, a security question can be related to different issues. Reference can b e made, for example, to the ‘democratic government’ (Everts 2001, p.44), as a security question. It should be noted that through the decades, the form of security questions has been changed. Energy, environment and allies’ security are common security questions in countries worldwide (Everts 2001, p.44). ... een Turkey and Kurds – Democratic question as a security question The claim of Kurds for the creation of their own state within Turkey is quite old (Brauch et al. 2003). However, since the beginning of the crisis between Syria and Turkey, the efforts of Kurds to promote their geopolitical interests have become quite strong (Dannreuther 2012). On the 3rd of October a Syrian attack on a Turkish town resulted to the death of five civilians (BBC News 2012). Turkey responded with attacks on targets near the borders (Guzel & Frazer 2012); the UN Council supported the specific initiative of Turkey (Guzel & Frazer 2012). The provision of military support by NATO to Turkey would allow the latter to develop extensive military operations against Syria. However, in case that the conflict between Turkey and Syria would be further expanded, then Kurds would possibly take the chance to develop more dynamic operations against the Turkish militants. In such case, the political stability of Tur key would be set in risk, a fact that would negatively affect the popularity of Turkish government. The stability of the country’s polity, as this stability would be threatened by the expansion of armed conflicts within Turkish territory, can be characterized as one of the most important security questions related to NATO’s intervention in the conflict between Turkey and Syria. 2.2 The geopolitical stability of European Union – Supporting the allies’ safety as a security question The political and social stability in Turkey can highly affect the geopolitical stability of European Union. The potential involvement of Turkey in a war would threaten the security of EU, even if Turkey is not a member state. Moreover, the cooperation between Turkey and the EU is close, especially in terms of

Merger and Acquisitions Research Paper Example | Topics and Well Written Essays - 750 words

Merger and Acquisitions - Research Paper Example For Nvidia to acquire some other company or merge with some other formidable company to bring synergy in the operations, which cut down on operating cost, improve market penetration, or enhanced scale of operations could be a good choice. There are many companies that Nvidia may think of merging to increase the value of its stockholders; however, AMD will be a finest choice for merger over any other company. Nvidia’s old competitor ATI was acquired by AMD since then AMD has been most formidable competitor to Nvidia. A good synergy can be achieved by merging these two companies. AMD'S revenue at $6.5 billion is almost double of Nvidia's $3.5. Operating margin is almost matching at 6.25%. Merger can bring about the cost cutting in managerial and other staff cost. Unnecessary competition in many product lines can be eliminated and better price realization can be achieved. Their mergers will better be able to face competition from much larger corporations such as Intel. In the pro cess merged entity will have higher price-earnings ratio in the market place leading to higher share price. (Investopedia.com) Answer 2. The AMD’s market capitalization is $5.25 billion, which is almost half of Nvidia’s market capitalization of $10.45 billion. ... This is also known as Fixed-Shares Stock offered to the shareholders of the company being merged. Thus, the company also saves on taxes as no cash outgo has taken place. The basis of ratio could be a current market price. This would not make any financial burden on Nvidia and merged entity would have increased outstanding shares with enhanced revenues and profits. It may happen that initially Nvidia share price may move southward but within 2-3 quarters when synergistic effects start percolating on the merged entity, price of Nvidia will start moving up fast. The agreed ratio will have some effect on price of AMD share but that will get stabilized soon. (Expectationinvesting.com) Answer 3. There are some other companies that can be merged with Nvidia as second or third choice for mergers. Gaughan, (2001) has rightly pointed out that merger should be able to integrate the operations of both the companies, otherwise it would be simply a leveraged buyout and that may fail to bring any e ffective outcomes that are envisaged with any merger. Xilinx Inc. (XLNX), a California based company, being in the allied field and complementary to the Nvidia’ business line could be a good choice for merging with the Nvidia. Xilinx Inc., offering programmable logic solutions in the form of advanced integrated circuits, could provide a good fillip to Nvidia in terms of business growth and can bring some level of synergy into certain functionality. Xilinx Inc., with market cap of 8.91 billion and operating margin of 34% that generates operating cash flow of 724 million in 12 months is a cash rich company to merge with Nvidia. (Source: http://finance.yahoo.com) Microchip Technology Inc. (MCHP) is