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Scholarships in United kingdom and United states of America

Marshall Scholarships was created by the Parliament of the United Kingdom when the Marshall Aid Commemoration Act was passed in 1953. The scholarships serve as a living gift to the United States of America in recognition of the post-World War II European Recovery Plan, commonly known as the Marshall Plan. The first class of Marshall Scholars, who began academic study in the fall of 1954, consisted of eight men and four women selected from a pool of 700 applicants. Currently, there are approximately 1,500Marshall Scholar alumni, mostly residing in the United States.
Marshall Scholarships provide students with two fully-funded years of study, with a possible third-year extension, at any university in the United Kingdom and applicable to any field of study. Approximately 40 Scholars are selected each year. The majority of Scholars choose to attend either Oxford, Cambridge, London School of Economics, or one of the other major London institutions, but Scholars have attended a wide range of universities throughout the UK, many of which are ranked among the best in the world. In addition to pure academic pursuits, the program serves to provide future leaders of America with insight into the "British ideals and way of life" and to strengthen the "unique relationship" that exists between the United States and the United Kingdom. Each year, approximately four percent of university-endorsed applicants receive the scholarship, and applicants must have a GPA of 3.7 or higher to be eligible.

Expensive car insurance

In 1930, the United Kingdom government introduced a law that required every person who used a vehicle on the road to have at least third party personal injury insurance. Today UK law is defined by the Road Traffic Act 1988, which was last modified in 1991. The Act requires that motorists either be insured, have a security, or have made a specified deposit (£500,000 as of 1991) with the Accountant General of the Supreme Court, against their liability for injuries to others (including passengers) and for damage to other persons' property resulting from use of a vehicle on a public road or in other public places.

It is an offence to use a car, or allow others to use it, without the insurance that satisfies the act whilst on the public highway (or public place Section 143(1)(a) RTA 1988 as amended 1991); however, no such legislation applies on private land.

Road Traffic Act Only Insurance differs from Third Party Only Insurance (detailed below) and is not often sold. It provides the very minimum cover to satisfy the requirements of the Act. For example Road Traffic Act Only Insurance has a limit of £1,000,000 for damage to third party property - third party only insurance typically has a greater limit for third party property damage.

The minimum level of insurance cover commonly available and which satisfies the requirement of the Act is called third party only insurance. The level of cover provided by Third party only insurance is basic but does exceed the requirements of the act. This insurance covers any liability to third parties but does not cover any other risks.

More commonly purchased is third party, fire and theft. This covers all third party liabilities and also covers the vehicle owner against the destruction of the vehicle by fire (whether malicious or due to a vehicle fault) and theft of the vehicle itself. It may or may not cover vandalism. This kind of insurance and the two preceding types do not cover damage to the vehicle caused by the driver or other hazards.

Comprehensive insurance covers all of the above and damage to the vehicle caused by the driver themselves, as well as vandalism and other risks. This is usually the most expensive type of insurance. For valuable cars, many insurers only offer comprehensive insurance.

Hotels in London England

Before the 19th century there were few if any large hotels in London. British country landowners often lived in London for part of the year but they usually rented a house, if they did not own one, rather than staying in a hotel. Numbers of business and foreign visitors were very small by modern standards. The accommodation available to them included lodging houses and coaching inns. Lodging houses were more like private homes with rooms to let than commercial hotels, and were often run by widows. Coaching inns served passengers from the stage coaches which were the main means of long-distance passenger transport before railways began to develop in the 1830s. The last surviving galleried coaching inn in London is the George Inn which now belongs to the National Trust.

A few hotels of a more modern variety began to be built in the early 19th century. For example Mivart's, the precursor of Claridge's, opened its doors in 1812 but, up to the mid-19th century, London hotels were generally small. In his travel book North America (1862), the novelist Anthony Trollope remarked on how much larger American hotels were than British ones. But by this time the railways had already begun to bring far more short-term visitors to London, and the railway companies themselves took the lead in accommodating them by building a series of "railway hotels" near to their London termini. These buildings were seen as status symbols by the railway companies, the largest businesses in the country at the time, and some of them were very grand. They included:

St. Pancras Renaissance London Hotel at St. Pancras
The Midland Grand Hotel at St. Pancras (closed from 1935-2011; now the St. Pancras Renaissance London Hotel.)
The Great Western Hotel at Paddington (now the Hilton London Paddington and the first of Britain's railway hotels)
The Great Northern Hotel at King's Cross (closed for High Speed 1 works and planned to be rebuilt as a boutique hotel)
The Great Eastern Hotel at Liverpool Street (Now the Andaz Liverpool Street)
The Charing Cross Hotel at Charing Cross station
The Great Central Hotel at Marylebone (now The Landmark London)
The Grosvenor Hotel at Victoria

Many other large hotels were built in London in the Victorian period. The Langham Hotel was the largest in the city when it opened in 1865. The Savoy, perhaps London's most famous hotel, opened in 1889, the first London hotel with en-suite bathrooms to every room. Nine years later Claridge's was rebuilt in its current form. Another famous hotel, the Ritz, based on its even more celebrated namesake in Paris, opened in 1906.

The upper end of the London hotel business continued to flourish between the two World Wars, boosted by the fact that many landowning families could no longer afford to maintain a London house and therefore began to stay at hotels instead, and by an increasing number of foreign visitors, especially Americans. Famous hotels which opened their doors in this era include the Grosvenor House Hotel and the Dorchester.

The rate of hotel construction in London was fairly low in the quarter century after World War II and the famous old names retained their dominance of the top end of the market. The most notable hotel of this era was probably The London Hilton on Park Lane, a controversial concrete tower overlooking Hyde Park. Advances in air travel increased the number of overseas visitors to London from 1.6 million in 1963 to 6 million in 1974. In order to provide hotels to meet the extra demand a Hotel Development Incentive Scheme was introduced and a building boom ensued. This led to overcapacity in the London hotel market from the late 1970s to the mid 1980s. Construction then picked up again, but it was soon curtailed by the recession of the early 1990s and the reduction in international travel caused by the 1991 Gulf War.

The 1980s saw London (along with New York) start the trend of smaller boutique-style hotels. In the mid-1990s there was a major proliferation of new hotels being opened, including hotels of many different types from country-house-style hotels in Victorian houses to ultra-trendy minimalist premises. At this time some of London's grandest early-20th-century office buildings were converted into hotels because their layouts, with long corridors and numerous separate offices, were incompatible with the preference for open-plan working, but their listed status made it hard to get permission to demolish them. This period also saw the opening of the first five-star hotel in London south of the River Thames, the Marriott County Hall Hotel, and the first two in East London, the Four Seasons Canary Wharf and the Marriott West India Quay, which is also close to the Canary Wharf development. For many years there were no hotels at all in the City of London even though the financial firms of the City were one of the London hotel sector's most lucrative sources of custom. But in recent years over a thousand hotel rooms have opened in the City. Budget hotel chains such as Travel Inn and Travelodge have also been expanding rapidly in London since the mid-1990s.

One of the most expensive hotels in London is The Lanesborough. Originally a private address (Lanesborough House) in 1733 it was converted into St George's Hospital and began life as a hotel in 1991.

Health Insurance in United States , United kingdom

The term health insurance is commonly used in the United States to describe any program that helps pay for medical expenses, whether through privately purchased insurance, social insurance or a non-insurance social welfare program funded by the government. Synonyms for this usage include "health coverage," "health care coverage" and "health benefits."  In a more technical sense, the term is used to describe any form of insurance that provides protection against the costs of medical services. This usage includes private insurance and social insurance programs such as Medicare, but excludes social welfare programs such as Medicaid. In addition to medical expense insurance, it also includes insurance covering disability or long-term nursing or custodial care needs.  The US health care system relies heavily on private and not-for-profit health insurance, which is the primary source of coverage for most Americans. According to the United States Census Bureau, approximately 85% of Americans have health insurance; nearly 60% obtain it through an employer, while about 9% purchase it directly. Various government agencies provide coverage to about 28% of Americans (there is some overlap in these figures).  In 2007, there were nearly 46 million people in the US (over 15% of the population) who were without health insurance for at least part of that year.[2] Over 1 million workers lost their health care coverage in January, February and March 2009. Approximately, 268,400 more workers lost health care coverage in March 2009 than in March 2008. Proving that today, that number is markedly higher as many workers who have lost their jobs have also lost their employer-provided health insurance.[3] The percentage of the non-elderly population who are uninsured has been generally increasing since the year 2000. There is considerable debate in the US on the causes of and possible remedies for this level of uninsurance as well as the impact it has on the overall US health care system. (see Health care reform in the United States).

Air travel is a form of travel using a vehicle like an airplane, helicopter Uk Usa Europe

Air travel is a form of travel using a vehicle like an airplane, helicopter, hot air balloon or anything else that can sustain flight.
National or domestic

A person flying from one point to another within the same country is known as a domestic flight.
International

When a person travels from a point in one country to a point within a different country it is known as an international flight.
Air travel

Travel class on an airplane is usually split into a two, three or four class model. US Domestic flights usually have two classes: Economy Class and a Domestic First Class partitioned into cabins. International flights may have up to four classes: Economy Class, Premium Economy, Business Class or Club Class and First Class.

The differences between premium economy and economy are quite significant, but the cost is not greatly altered by purchasing a Premium Economy ticket. The price difference between an economy class ticket and a first class ticket, however, are often extreme.

Most air travel starts and ends at a commercial airport. The typical procedure is check-in, border control, airport security baggage and passenger check before entering the gate, boarding, flying and pick-up of luggage and - limited to international flights - another border control at the host country's border.

Forex Trading

Forex Trading-How Can Individual Investors Benefit?
Indeed large multinational and individual banks and other major financial institutions have dominated FX trading (also known as Forex trading), but there is a paradigm change in the nature and type of investing. According to one estimate, in the new millennium, there are over 6 million online investment accounts, up from 1.5 million in 1997. As a result, start-up firms now compete directly with financial institutions to serve investors in the new technologically driven economy, and the clear winner is the customer. The competition between the brick and mortar institutions and the Internet-based companies has dramatically lowered the costs of investing, and empowered the individual investor to take control of their own investment strategy in Forex trading.
We know Forex trading is direct access trading of currencies. In the past, foreign exchange trading was limited to large banks and institutional traders but recent advancements in technology have allowed small traders to take advantage of the many benefits of Forex trading using online trading platforms to trade. Virtually Forex trading is done 24 hours day and almost 5 ? days of a week. In the recent times, online trading has revolutionized the currency markets by making it accessible to the small and medium sized investor.
The Forex trading is perhaps the largest financial market in the world, with a daily average turnover of approximately $1.5 trillion. Foreign Exchange is the simultaneous buying of one currency and selling of another. The world's currencies are on a floating exchange rate and are always traded in pairs, for example EUR/USD or USD/JPY or USD/INR etc.
In the new millennium, the Forex trading has become accessible for an individual investor or small group of investors. In the current scenario, investors reap many benefits from Forex trading than stock market, e-mini futures and such other trading. Today mostly traders are choosing Forex trading than stock trading because there are approximately 4,500 stocks listed on the New York Stock exchange. Another 3,500 are listed on the NASDAQ. In spot Forex trading, you have 4 major markets, 24 hours a day 5.5 days a week. If you are so inclined, you have approximately 34 second-tier currencies to look at in your spare time. You can concentrate on the major forex and can find your trade. When you are investing in forex you can spend your afternoon on the golf course or with your spouse watching movie or celebrating holidays-in short it is easy and hassle free than stock/future market.
Not only is it an accessible, easy and less capital-intensive business opportunity, but it is much more cost efficient too to invest in the Forex market, in terms of both commissions and transaction fees. Generally, commissions for stock trades range from a low of $7.95-$29.95 per trade with on-line brokers to over $100 per trade with traditional brokers. Opposite to that, typically stock commissions are directly related to the level of service offered by the broker. At the high end, traditional brokers offer full access to research, analyst stock recommendations, etc. In contrast, on-line Forex brokers charge significantly lower commission and transaction fees.

Forex

Forex broker is a broker dealing in foreign exchange, just like real estate broker who deals in real estate and properties. Simply, a Forex broker is an advisor who advises you about the forex market. However, the Forex market is not the perfect place to play with as a novice and beginner as there are many criticalities involved along with much risk bearing capacities. Novices can very quickly get their fingers badly burnt. But inexperience is not the only reason to consider using a Forex broker to trade in the high-risk international currencies market.

So, the Forex broker is an advisor who advises you about the forex market and allows you to work for 24 hours a day with major currencies like EUR, JPY, GBP, CHF etc against the US dollar on the spot, i.e. according to the current prices on the forex international exchange market. But the level of profits depends only on your abilities as well as your timely decision.

Although the role of the Forex broker is relatively redundant as a result of technological advancement and increased awareness, we cannot completely underestimate his role. The new paradigm shift has had something of a democratizing effect on the financial markets, and in the years that have followed a plethora of banks and brokerages have extended the range of their services to a new market by packaging up their online trading systems for the retail market, enabling the more modest investor to trade from their own computer screen — even on the previously out-of-reach currency markets. This is where the real role of Forex broker starts.

PIP is nothing special but Price Interest Points. In the forex market, currencies are always priced in pairs. The quoted price is the level where we, acting as the market maker, are willing to buy/sell the currency pair. In the wholesale market, currencies are quoted out to four decimal places, with the last placeholder called a point or a pip. A pip in most currencies is one /10,000th of an exchange rate (in USD/JPY, it is one /100th, likewise you can find for others).

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