Pages

Tag for Google

Wednesday, December 14, 2011

Professional Beggars

Thailand's beggars has revealed a business built on children trafficked from Cambodia and Burma, who make nothing from their takings and are sometimes beaten. The brokers get the children from poor families in the border regions by buying, renting or kidnapping them. Hundreds of these children have been rescued and rehabilitated. Before a child is sent home, non-government organisations and the ministry evaluate the family first to ensure the families will not sell the children again. In July 2005, the Royal Thai Police set up a division focused on protection of children and women, and the division's commander has said the child beggars will be treated as victims and not as criminals.

A new snapshot of the begging trade in Bangkok shows a business built on children trafficked from Cambodia and Burma who never profit personally from their lucrative daily takings and are sometimes beaten to make them objects of greater pity.

No one can say how many children are begging in the Thai capital but the three-month survey of the trade earlier this year shows children aged from three months to 10 years are working long hours in tourist destinations and busy business precincts. A handler sits close by in a small business, perhaps selling flowers, and regularly collecting the cash.

The findings are set out in a report released with the International Labour Organisation, "Child Beggar Business - Investigating Children in the Beggar Business."

The survey, during which researchers observed the beggars at four central Bangkok locations for three months, proved that it was a business, not normal begging.

It is a lucrative trade, with children making between 500 baht ($15.80) and 3000 baht a day for their brokers. They receive only basic food and accommodation. A shop assistant earns 6000 baht a month.

The survey showed old women carrying very young children or babies, one old woman with a different child each day or the same children with a different mother. Rarely did the children speak Thai: most of them came from Cambodia or Burma. The brokers got the children from poor families in the border regions by buying, renting or kidnapping them.

Forex Help

For the last three decades Foreign Exchange market, - briefly Forex or FX, had integrated into the world's biggest financial market. The volume of daily transactions is about 1-3 trillion of US dollars. The trading instruments on this market are the currencies of different countries, so the fluctuation of currency's rates allows to gain a real profit.

Of course monetary assets of different countries exchanged since the term money appeared as well as an idea to obtain profit from currency's rates difference. Now it is not a new idea, but the transformation of foreign exchange market to the modern stage with an opportunity to conduct conversional operations of such volumes arose only after an introduction of floating rates regime by the state-members of IMF. Within this regime's framework the rate of one currency to another is defining only by the supply and demand on the market.

Presently Forex market is a global telecommunication network of banks and different financial organizations. It does not have any fixed trading place and time restrictions - the trade starts on Monday morning in New Zealand and closes on Friday evening in USA

The advantages of Forex market are:

Round-the-clock trading access: the ability to trade for 24 hours a day;

Liquidity: the market works with a huge money and gives the customers complete freedom to open or close their position of different volume;

Leverage: an ability to use leverage. It decreases requirements to the sum of the initial deposit (margin trade). So in case you deposit 10 000 USD into your account you'd have an opportunity to work with 1 000 000 USD (leverage 1:100);

Objectivity: no exterior regulated structures, so the currency's rate is establishing in accordance with current supply and demand on the market;

Globality: everyone can become a market participant irrespective to the living place, as trading requires only your skills and Internet access.

At present mostly all the operations on the market are conducting only to obtain profit. With the development of Internet and other means of communication this sector of the financial markets becomes more accessible and attractive for the investors of different levels.