Showing results by author "iMinds" in All Categories

Learn about Underwriting with iMinds Money's insightful fast knowledge series. Underwriting is the process of issuing insurance policies. A company underwrites your policy when it agrees to insure you or your property in exchange for the premiums you pay. Underwriting is carried out by either an insurance company or a professional underwriter. Underwriters assess risks and decide whether to accept applications for insurance cover and, if so, under what terms they are valid.

Learn about the theory of nature vs. nurture with iMinds insightful audio knowledge series. The phrase "nature vs. nurture" refers to a long-standing debate about the importance of heredity and environment in shaping who we are. It asks whether our personality, our behavior, and our sexuality are primarily the result of genetic or social influences. The debate is central to us as human beings. Perhaps this is because it essentially asks, "Who are we?" and "Why are we who we are?"

Easter Island lies 3,700 km, or 2,299 from the nearest continent and is one of the most isolated places on the planet. Though it is so far removed from the rest of the world, Easter Island has more than its fair share of local history. Also commonly known as Rapa Nui, the island is probably most famous for the giant statues called Moai that populate the island, mainly near the shores. Mystery surrounds these enormous monoliths and they continue to baffle archaeologists trying to piece together the story of the Island.

The Guantanamo Bay Detention Camp was set up by the U.S. government as a detention facility for "unlawful enemy combatants" captured in the "war on terror". Opened in 2002, it is located on the U.S. Naval Base at Guantanamo Bay in Cuba.

Learn about the beauty of Yellowstone National Park with iMinds insightful audio knowledge series.

Steaming rivers, stone forests, and bubbling lava are a daily occurrence at Yellowstone National Park. It's the oldest national park in the world and is renowned for its pristine nature and extreme climates. Nowhere else in America can you take a vacation where you drive by a herd of buffalo, watch boiling water shoot into the sky, and feel the slight tremour of earthquakes below your feet.

Learn about Junk Bonds with iMinds Money's insightful fast knowledge series. Junk bonds are bonds with a potential for high returns but which also come with many risks. A junk bond is like an IOU from an organisation that states the amount it will pay you back, the date it will pay you back and the interest it will pay you back. But what truly sets junk bonds apart from similar investments is the credit quality of their issuers.

Learn about Leveraged Buyouts with iMinds Money's insightful fast knowledge series. Leveraged buyouts originated in the early 1960’s. It is also known as a hostile takeover, a highly-leveraged transaction, or a bootstrap transaction. In effect, it is a tactic through which control of a corporation is acquired by buying up a majority of their stock using borrowed money.

Learn about short selling with iMinds Money's insightful fast knowledge series. Short selling is the practice of selling borrowed stock at a high price and then buying back the stock at a lower price. A short seller expects to profit from the fall in a stock's price. The more common investment practice is to “go long”, that is, to buy stock with the expectation of the price rising in the future. Simply, a short transaction sells high and buys low, while a long transaction buys low and sells high.

Bubonic plague is widely regarded as being responsible for two of the most infamous plagues in recorded history - the Black Death in the mid-14th century and the great plague of London in 1665. The causative organism of modern-day plague was discovered independently in 1894 by two bacteriologists: the Swiss born Dr. Alexandre Yersin and Dr. Shibasaburo Kitasato from Japan.

The aurora borealis, often referred to as the Northern Lights, is a natural light-show that appears in the sky around the north magnetic pole. Auroras can sometimes be seen in other places of the world, but not as clearly. In the southern hemisphere, the phenomenon is called "aurora australis".

Mystery and misconception surround the geisha. At first glance, she may appear to be rather average looking, heavily clad in a weighty costume and an excess of make-up. But behind this mask lies a range of artistic skills and social etiquettes of immense importance to Japanese culture, past and present.

Crop circles are geometric patterns found in agricultural fields, most often in Southern England. They consist of flattened plant stems lying in regular patterns, some of which are highly complex. Crop circles usually appear in fields of wheat, barley, canola and other common crops. Because of their size - hundreds of feet across - crop circles can only be truly appreciated from the air.

Learn about inflation with iMinds Money's insightful fast knowledge series. Inflation is the increase in the general price of goods and services brought about through either an increase in the amount of money in circulation or by an increase in costs. Historically, inflation often occurred due to the acquisition of new gold deposits. For example, inflation occurred in Europe when Europeans brought back gold from their new American colonies in the Early Modern period.

Learn about the greatest fictional detective, the story of Sherlock Holmes, with iMinds insightful audio knowledge series. Sherlock Holmes is probably the most famous of all fictional detectives. He was created in the 19th century by UK author Arthur Conan Doyle. Holmes holds the record for the most-portrayed fictional character in movies.

Learn about the mystery of the Bermuda Triangle with iMinds insightful audio knowledge series. The Bermuda Triangle is a large stretch of ocean in the Caribbean. It is infamous for numerous unexplained disappearances of boats and aircraft. What goes on in the Bermuda Triangle is one of the world's greatest mysteries. Many believe supernatural phenomena or extra-terrestrial activity occurs there.

Learn about the Tragedy of the Commons with iMinds insightful audio knowledge series. The Tragedy of the Commons is a situation in which a jointly owned resource is overused or destroyed because each person takes more than they would if the resource was privately owned. With each individual acting independently, the combined pressure on the resource exceeds what is in the interests of the community as a whole.

When Alexander Fleming discovered penicillin in 1928, it was a lucky accident. He didn't realize at the time that penicillin would dramatically change the face of medicine and the pharmaceutical industry. Fleming was a researcher studying the natural antibacterial substances produced by the body. He had been working with the bacteria that caused boils. To study the bacteria he grew colonies of it on plates.

Super robots to schoolgirls, Astroboy cute to violent realism, Pokemon to pornography. All of these different images, stories and types of entertainment, in cartoon form, can be called "anime". The term anime covers an enormous range of animation. The style is vast, steeped in history, and ever evolving.

Learn about Monopoly Power with iMinds Money's insightful fast knowledge series. Monopoly power is the ability of the dominant participant in a market to control prices. It is a sign of market failure and a major factor in antitrust investigations. Capitalist economic markets rely on competition to operate efficiently and to protect consumer welfare. When a single company controls the prices within a market, the economic welfare of the consumer is often at stake.

Learn about the Great Pacific Garbage Patch with iMinds insightful audio knowledge series. In 1997, a Californian man named Charles Moore was sailing home from Hawaii after competing in a boat race. On a whim, he decided to change course and head through a part of the eastern Pacific Ocean known as the North Pacific Subtropical Gyre. Known to seafarers as "the doldrums", this is an area of light or no wind and little boat traffic.