1.
Newspaper
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A newspaper is a serial publication containing news about current events, other informative articles about politics, sports, arts, and so on, and advertising. A newspaper is usually, but not exclusively, printed on relatively inexpensive, the journalism organizations that publish newspapers are themselves often metonymically called newspapers. As of 2017, most newspapers are now published online as well as in print, the online versions are called online newspapers or news websites. Newspapers are typically published daily or weekly, News magazines are also weekly, but they have a magazine format. General-interest newspapers typically publish news articles and feature articles on national and international news as well as local news, typically the paper is divided into sections for each of those major groupings. Papers also include articles which have no byline, these articles are written by staff writers, a wide variety of material has been published in newspapers. As of 2017, newspapers may also provide information about new movies, most newspapers are businesses, and they pay their expenses with a mixture of subscription revenue, newsstand sales, and advertising revenue. Some newspapers are government-run or at least government-funded, their reliance on advertising revenue, the editorial independence of a newspaper is thus always subject to the interests of someone, whether owners, advertisers, or a government. Some newspapers with high editorial independence, high quality. This is a way to avoid duplicating the expense of reporting from around the world, circa 2005, there were approximately 6,580 daily newspaper titles in the world selling 395 million print copies a day. Worldwide annual revenue approached $100 billion in 2005-7, then plunged during the financial crisis of 2008-9. Revenue in 2016 fell to only $53 billion, hurting every major publisher as their efforts to gain online income fell far short of the goal. Besides remodeling advertising, the internet has also challenged the business models of the era by crowdsourcing both publishing in general and, more specifically, journalism. In addition, the rise of news aggregators, which bundle linked articles from online newspapers. Increasing paywalling of online newspapers may be counteracting those effects, the oldest newspaper still published is the Gazzetta di Mantova, which was established in Mantua in 1664. While online newspapers have increased access to newspapers by people with Internet access, literacy is also a factor which prevents people who cannot read from being able to benefit from reading newspapers. Periodicity, They are published at intervals, typically daily or weekly. This ensures that newspapers can provide information on newly-emerging news stories or events, currency, Its information is as up to date as its publication schedule allows
2.
Nashville, Tennessee
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Nashville is the capital of the U. S. state of Tennessee and the county seat of Davidson County. It is located on the Cumberland River in the central part of the state. The city is a center for the music, healthcare, publishing, banking and transportation industries and it is known as a center of the country music industry, earning it the nickname Music City, U. S. A. Since 1963, Nashville has had a consolidated city-county government which includes six municipalities in a two-tier system. Nashville is governed by a mayor, vice-mayor, and 40-member Metropolitan Council, thirty-five of the members are elected from single-member districts, five are elected at-large. Reflecting the citys position in government, Nashville is home to the Tennessee Supreme Courts courthouse for Middle Tennessee. According to 2015 estimates from the U. S. Census Bureau, the balance population, which excludes semi-independent municipalities within Nashville, was 654,610. The 2015 population of the entire 13-county Nashville metropolitan area was 1,830,345, the 2015 population of the Nashville-Davidson–Murfreesboro–Columbia combined statistical area, a larger trade area, was 1,951,644. The town of Nashville was founded by James Robertson, John Donelson, and it was named for Francis Nash, the American Revolutionary War hero. Nashville quickly grew because of its location, accessibility as a port on the Cumberland River, a tributary of the Ohio River. By 1800, the city had 345 residents, including 136 African American slaves and 14 free blacks, in 1806, Nashville was incorporated as a city and became the county seat of Davidson County, Tennessee. In 1843, the city was named the permanent capital of the state of Tennessee, by 1860, when the first rumblings of secession began to be heard across the South, antebellum Nashville was a prosperous city. The citys significance as a port made it a desirable prize as a means of controlling important river. In February 1862, Nashville became the first state capital to fall to Union troops, the state was occupied by Union troops for the duration of the war. Within a few years after the Civil War, the Nashville chapter of the Ku Klux Klan was founded by Confederate veteran John W. Morton, meanwhile, the city had reclaimed its important shipping and trading position and developed a solid manufacturing base. The post–Civil War years of the late 19th century brought new prosperity to Nashville and these healthy economic times left the city with a legacy of grand classical-style buildings, which can still be seen around the downtown area. Circa 1950 the state approved a new city charter that provided for the election of city council members from single-member districts. This change was supported because at-large voting diluted the minority populations political power in the city and they could seldom gain a majority of the population to support a candidate of their choice
3.
Tennessee
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Tennessee is a state located in the southeastern region of the United States. Tennessee is the 36th largest and the 17th most populous of the 50 United States, Tennessee is bordered by Kentucky and Virginia to the north, North Carolina to the east, Georgia, Alabama, and Mississippi to the south, and Arkansas and Missouri to the west. The Appalachian Mountains dominate the eastern part of the state, Tennessees capital and second largest city is Nashville, which has a population of 654,610. Memphis is the states largest city, with a population of 655,770, the state of Tennessee is rooted in the Watauga Association, a 1772 frontier pact generally regarded as the first constitutional government west of the Appalachians. What is now Tennessee was initially part of North Carolina, Tennessee was admitted to the Union as the 16th state on June 1,1796. Tennessee was the last state to leave the Union and join the Confederacy at the outbreak of the American Civil War in 1861, occupied by Union forces from 1862, it was the first state to be readmitted to the Union at the end of the war. Tennessee furnished more soldiers for the Confederate Army than any other state besides Virginia and this sharply reduced competition in politics in the state until after passage of civil rights legislation in the mid-20th century. This city was established to house the Manhattan Projects uranium enrichment facilities, helping to build the worlds first atomic bomb, Tennessees major industries include agriculture, manufacturing, and tourism. Poultry, soybeans, and cattle are the primary agricultural products, and major manufacturing exports include chemicals, transportation equipment. In the early 18th century, British traders encountered a Cherokee town named Tanasi in present-day Monroe County, the town was located on a river of the same name, and appears on maps as early as 1725. The meaning and origin of the word are uncertain, some accounts suggest it is a Cherokee modification of an earlier Yuchi word. It has been said to mean meeting place, winding river, according to ethnographer James Mooney, the name can not be analyzed and its meaning is lost. The modern spelling, Tennessee, is attributed to James Glen, the governor of South Carolina, the spelling was popularized by the publication of Henry Timberlakes Draught of the Cherokee Country in 1765. In 1788, North Carolina created Tennessee County, the county to be established in what is now Middle Tennessee. When a constitutional convention met in 1796 to organize a new out of the Southwest Territory. Other sources differ on the origin of the nickname, according to the Columbia Encyclopedia. Tennessee ties Missouri as the state bordering the most other states, the state is trisected by the Tennessee River. The highest point in the state is Clingmans Dome at 6,643 feet, Clingmans Dome, which lies on Tennessees eastern border, is the highest point on the Appalachian Trail, and is the third highest peak in the United States east of the Mississippi River
4.
United States
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Forty-eight of the fifty states and the federal district are contiguous and located in North America between Canada and Mexico. The state of Alaska is in the northwest corner of North America, bordered by Canada to the east, the state of Hawaii is an archipelago in the mid-Pacific Ocean. The U. S. territories are scattered about the Pacific Ocean, the geography, climate and wildlife of the country are extremely diverse. At 3.8 million square miles and with over 324 million people, the United States is the worlds third- or fourth-largest country by area, third-largest by land area. It is one of the worlds most ethnically diverse and multicultural nations, paleo-Indians migrated from Asia to the North American mainland at least 15,000 years ago. European colonization began in the 16th century, the United States emerged from 13 British colonies along the East Coast. Numerous disputes between Great Britain and the following the Seven Years War led to the American Revolution. On July 4,1776, during the course of the American Revolutionary War, the war ended in 1783 with recognition of the independence of the United States by Great Britain, representing the first successful war of independence against a European power. The current constitution was adopted in 1788, after the Articles of Confederation, the first ten amendments, collectively named the Bill of Rights, were ratified in 1791 and designed to guarantee many fundamental civil liberties. During the second half of the 19th century, the American Civil War led to the end of slavery in the country. By the end of century, the United States extended into the Pacific Ocean. The Spanish–American War and World War I confirmed the status as a global military power. The end of the Cold War and the dissolution of the Soviet Union in 1991 left the United States as the sole superpower. The U. S. is a member of the United Nations, World Bank, International Monetary Fund, Organization of American States. The United States is a developed country, with the worlds largest economy by nominal GDP. It ranks highly in several measures of performance, including average wage, human development, per capita GDP. While the U. S. economy is considered post-industrial, characterized by the dominance of services and knowledge economy, the United States is a prominent political and cultural force internationally, and a leader in scientific research and technological innovations. In 1507, the German cartographer Martin Waldseemüller produced a map on which he named the lands of the Western Hemisphere America after the Italian explorer and cartographer Amerigo Vespucci
5.
Conservatism
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Conservatism is a political and social philosophy that promotes retaining traditional social institutions in the context of culture and civilization. The term, historically associated with right-wing politics, has since used to describe a wide range of views. There is no set of policies that are universally regarded as conservative, because the meaning of conservatism depends on what is considered traditional in a given place. Thus conservatives from different parts of the world—each upholding their respective traditions—may disagree on a range of issues. In contrast to the definition of conservatism, political theorists such as Corey Robin define conservatism primarily in terms of a general defense of social. In Great Britain, conservative ideas emerged in the Tory movement during the Restoration period, Toryism supported a hierarchical society with a monarch who ruled by divine right. Tories opposed the idea that sovereignty derived from the people, and rejected the authority of parliament, Robert Filmers Patriarcha, or the Natural Power of Kings, published posthumously in 1680 but written before the English Civil War of 1642–1651, became accepted as the statement of their doctrine. However, the Glorious Revolution of 1688 destroyed this principle to some degree by establishing a government in England. Faced with defeat, the Tories reformed their movement, now holding that sovereignty was vested in the three estates of Crown, Lords, and Commons rather than solely in the Crown, Toryism became marginalized during the long period of Whig ascendancy in the 18th century. Conservatives typically see Richard Hooker as the father of conservatism, along with the Marquess of Halifax, David Hume. Halifax promoted pragmatism in government, whilst Hume argued against political rationalism and utopianism, Burke served as the private secretary to the Marquis of Rockingham and as official pamphleteer to the Rockingham branch of the Whig party. Together with the Tories, they were the conservatives in the late 18th century United Kingdom, Burkes views were a mixture of liberal and conservative. He supported the American Revolution of 1765–1783 but abhorred the violence of the French Revolution and he insisted on standards of honor derived from the medieval aristocratic tradition, and saw the aristocracy as the nations natural leaders. That meant limits on the powers of the Crown, since he found the institutions of Parliament to be better informed than commissions appointed by the executive and he favored an established church, but allowed for a degree of religious toleration. Burke justified the order on the basis of tradition, tradition represented the wisdom of the species and he valued community. Burke was a leading theorist in his day, finding extreme idealism an endangerment to broader liberties, despite their influence on future conservative thought, none of these early contributors were explicitly involved in Tory politics. Hooker lived in the 16th century, long before the advent of toryism, whilst Hume was an apolitical philosopher, Burke described himself as a Whig. Shortly after Burkes death in 1797, conservatism revived as a political force as the Whigs suffered a series of internal divisions
6.
Rail transport
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Rail transport is a means of conveyance of passengers and goods on wheeled vehicles running on rails, also known as tracks. It is also referred to as train transport. In contrast to road transport, where vehicles run on a flat surface. Tracks usually consist of rails, installed on ties and ballast, on which the rolling stock, usually fitted with metal wheels. Other variations are possible, such as slab track, where the rails are fastened to a concrete foundation resting on a prepared subsurface. Rolling stock in a transport system generally encounters lower frictional resistance than road vehicles, so passenger. The operation is carried out by a company, providing transport between train stations or freight customer facilities. Power is provided by locomotives which either draw electric power from a railway system or produce their own power. Most tracks are accompanied by a signalling system, Railways are a safe land transport system when compared to other forms of transport. The oldest, man-hauled railways date back to the 6th century BC, with Periander, one of the Seven Sages of Greece, Rail transport blossomed after the British development of the steam locomotive as a viable source of power in the 19th centuries. With steam engines, one could construct mainline railways, which were a key component of the Industrial Revolution, also, railways reduced the costs of shipping, and allowed for fewer lost goods, compared with water transport, which faced occasional sinking of ships. The change from canals to railways allowed for markets in which prices varied very little from city to city. In the 1880s, electrified trains were introduced, and also the first tramways, starting during the 1940s, the non-electrified railways in most countries had their steam locomotives replaced by diesel-electric locomotives, with the process being almost complete by 2000. During the 1960s, electrified high-speed railway systems were introduced in Japan, other forms of guided ground transport outside the traditional railway definitions, such as monorail or maglev, have been tried but have seen limited use. The history of the growth, decline and restoration to use of transport can be divided up into several discrete periods defined by the principal means of motive power used. The earliest evidence of a railway was a 6-kilometre Diolkos wagonway, trucks pushed by slaves ran in grooves in limestone, which provided the track element. The Diolkos operated for over 600 years, Railways began reappearing in Europe after the Dark Ages. The earliest known record of a railway in Europe from this period is a window in the Minster of Freiburg im Breisgau in Germany
7.
Trade union
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The trade union, through its leadership, bargains with the employer on behalf of union members and negotiates labour contracts with employers. The most common purpose of these associations or unions is maintaining or improving the conditions of their employment and this may include the negotiation of wages, work rules, complaint procedures, rules governing hiring, firing and promotion of workers, benefits, workplace safety and policies. Unions may organize a section of skilled workers, a cross-section of workers from various trades. The agreements negotiated by a union are binding on the rank and file members, originating in Great Britain, trade unions became popular in many countries during the Industrial Revolution. Trade unions may be composed of workers, professionals, past workers, students. Trade union density, or the percentage of workers belonging to a union, is highest in the Nordic countries. The trade unions aim at nothing less than to prevent the reduction of wages below the level that is maintained in the various branches of industry. That is to say, they wish to prevent the price of labour-power from falling below its value, yet historian R. A. the other the aggressive-expansionist drive to unite all labouring men and women for a different order of things. The 18th century economist Adam Smith noted the imbalance in the rights of workers in regards to owners. In The Wealth of Nations, Book I, chapter 8, Smith wrote, We rarely hear, it has said, of the combination of masters. But whoever imagines, upon this account, that masters rarely combine, is as ignorant of the world as of the subject. Masters are always and everywhere in a sort of tacit, but constant and uniform combination, not to raise the wages of labor above their actual rate When workers combine, masters. As Smith noted, unions were illegal for many years in most countries, there were severe penalties for attempting to organize unions, up to and including execution. This pool of unskilled and semi-skilled labour spontaneously organized in fits and starts throughout its beginnings, Trade unions and collective bargaining were outlawed from no later than the middle of the 14th century when the Ordinance of Labourers was enacted in the Kingdom of England. In 1799, the Combination Act was passed, which banned trade unions, although the unions were subject to often severe repression until 1824, they were already widespread in cities such as London. Sympathy for the plight of the workers brought repeal of the acts in 1824, by the 1810s, the first labour organizations to bring together workers of divergent occupations were formed. Possibly the first such union was the General Union of Trades, also known as the Philanthropic Society, the latter name was to hide the organizations real purpose in a time when trade unions were still illegal. The Association quickly enrolled approximately 150 unions, consisting mostly of textile related unions, but also including mechanics, blacksmiths, and various others
8.
Television
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Television or TV is a telecommunication medium used for transmitting moving images in monochrome, or in color, and in two or three dimensions and sound. The term can refer to a set, a television program. Television is a medium for entertainment, education, news, politics, gossip. Television became available in experimental forms in the late 1920s. After World War II, a form of black-and-white TV broadcasting became popular in the United States and Britain, and television sets became commonplace in homes, businesses. During the 1950s, television was the medium for influencing public opinion. In the mid-1960s, color broadcasting was introduced in the US, for many reasons, the storage of television and video programming now occurs on the cloud. At the end of the first decade of the 2000s, digital television transmissions greatly increased in popularity, another development was the move from standard-definition television to high-definition television, which provides a resolution that is substantially higher. HDTV may be transmitted in various formats, 1080p, 1080i, in 2013, 79% of the worlds households owned a television set. Most TV sets sold in the 2000s were flat-panel, mainly LEDs, major manufacturers announced the discontinuation of CRT, DLP, plasma, and even fluorescent-backlit LCDs by the mid-2010s. In the near future, LEDs are gradually expected to be replaced by OLEDs, also, major manufacturers have announced that they will increasingly produce smart TVs in the mid-2010s. Smart TVs with integrated Internet and Web 2.0 functions became the dominant form of television by the late 2010s, Television signals were initially distributed only as terrestrial television using high-powered radio-frequency transmitters to broadcast the signal to individual television receivers. Alternatively television signals are distributed by cable or optical fiber, satellite systems and. Until the early 2000s, these were transmitted as analog signals, a standard television set is composed of multiple internal electronic circuits, including a tuner for receiving and decoding broadcast signals. A visual display device which lacks a tuner is correctly called a video monitor rather than a television, the word television comes from Ancient Greek τῆλε, meaning far, and Latin visio, meaning sight. The Anglicised version of the term is first attested in 1907 and it was. formed in English or borrowed from French télévision. In the 19th century and early 20th century, other. proposals for the name of a technology for sending pictures over distance were telephote. The abbreviation TV is from 1948, the use of the term to mean a television set dates from 1941
9.
Journalism
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Journalism is the production and distribution of reports on the interaction of events, facts, ideas, and people that are the news of the day and that informs society to at least some degree. The word applies to the occupation, the methods of gathering information, journalistic media include, print, television, radio, Internet, and, in the past, newsreels. Concepts of the role for journalism varies between countries. In some nations, the media is controlled by a government intervention. In others, the media is independent from the government. In the United States, journalism is protected by the freedom of the clause in the First Amendment. The role and status of journalism, along with that of the media, has undergone changes over the last two decades with the advent of digital technology and publication of news on the Internet. Notably, in the American media landscape, newsrooms have reduced their staff and coverage as traditional media channels, such as television, for instance, between 2007 and 2012, CNN edited its story packages into nearly half of their original time length. This compactness in coverage has been linked to broad audience attrition, in the United States, journalism is produced by media organizations or by individuals. Bloggers are often, but not always, journalists, the Federal Trade Commission requires that bloggers who receive free promotional gifts, then write about products, must disclose that they received the products for free. This is to eliminate conflicts of interest and protect consumers, fake news is news that is not truthful or is produced by unreliable media organizations. Fake news is spread on social media. Readers can determine fake news by evaluating whether the news has been published by a news organization. In the US, a news organization is an incorporated entity, has an editorial board. All of these organizations have codes of ethics that members abide by, many news organizations have their own codes of ethics that guide journalists professional publications. The New York Times code of standards and ethics is considered particularly rigorous, when they write stories, journalists are concerned with issues of objectivity and bias. Some types of stories are intended to represent the authors own opinion, in a physical newspaper, information is organized into sections and it is easy to see which stories are supposed to be opinion and which are supposed to be neutral. Online, many of these distinctions break down, readers should pay careful attention to headings and other design elements to ensure that they understand the journalists intent
10.
Competition law
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Competition law is a law that promotes or seeks to maintain market competition by regulating anti-competitive conduct by companies. Competition law is implemented through public and private enforcement, Competition law is known as anti-trust law in the United States, and as anti-monopoly law in China and Russia. In previous years it has known as trade practices law in the United Kingdom. In the European Union, it is referred to as both antitrust and competition law, the history of competition law reaches back to the Roman Empire. The business practices of market traders, guilds and governments have always been subject to scrutiny, since the 20th century, competition law has become global. The two largest and most influential systems of regulation are United States antitrust law and European Union competition law. National and regional competition authorities across the world have formed international support, modern competition law has historically evolved on a country level to promote and maintain fair competition in markets principally within the territorial boundaries of nation-states. National competition law usually does not cover activity beyond territorial borders unless it has significant effects at nation-state level, countries may allow for extraterritorial jurisdiction in competition cases based on so-called effects doctrine. The protection of competition is governed by international competition agreements. These obligations were not included in GATT, but in 1994, with the conclusion of the Uruguay Round of GATT Multilateral Negotiations, the Agreement Establishing the WTO included a range of limited provisions on various cross-border competition issues on a sector specific basis. Competition law, or antitrust law, has three elements, prohibiting agreements or practices that restrict free trading and competition between business. This includes in particular the repression of trade caused by cartels. Banning abusive behavior by a firm dominating a market, or anti-competitive practices that tend to lead to such a dominant position, Practices controlled in this way may include predatory pricing, tying, price gouging, refusal to deal, and many others. Supervising the mergers and acquisitions of large corporations, including joint ventures. Substance and practice of competition law varies from jurisdiction to jurisdiction, protecting the interests of consumers and ensuring that entrepreneurs have an opportunity to compete in the market economy are often treated as important objectives. In recent decades, competition law has been viewed as a way to better public services. An early example of competition law can be found in Roman law, the Lex Julia de Annona was enacted during the Roman Republic around 50 B. C. To protect the trade, heavy fines were imposed on anyone directly, deliberately
11.
Honolulu Star-Bulletin
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The Honolulu Star-Bulletin was a daily newspaper based in Honolulu, Hawaii, United States. At the time publication ceased on June 6,2010, it was the second largest daily newspaper in the state of Hawaiʻi. The Honolulu Star-Bulletin, along with a publication called MidWeek, was owned by Black Press of Victoria, British Columbia, Canada. The daily merged with the Advertiser on June 7,2010, the Honolulu Star-Bulletin traces its roots to the Feb.1,1882, founding of the Evening Bulletin by J. W. Robertson and Company. In 1912, it merged with the Hawaiian Star to become the Honolulu Star-Bulletin, Wallace Rider Farrington, who later became territorial governor of Hawaii, was the editor of the newspaper from 1898 and the president and publisher from 1912 until his death. His son Joseph Rider Farrington succeeded him and served as president, from 1962 it was owned by a local group of investors led by Elizabeth P. Gannett Pacific Corporation, a subsidiary of Gannett Corporation, purchased the Honolulu Star-Bulletin in 1971 under the terms of the joint operating agreement. The Honolulu Star-Bulletins circulation was allowed to decline thereafter and staffing reduced, on September 16,1999, Liberty Newspapers announced that it planned to close the Honolulu Star-Bulletin the following month. The decision was met with resistance in the community and lawsuits were filed against Liberty and Gannett by the state. The shutdown was postponed with an injunction by a district judge two weeks before the scheduled date of closure. In April 2000, Liberty Newspapers offered the Honolulu Star-Bulletin for sale, the action once again threatened the closure of the publication, but in November of that year, Canadian publishing magnate David Black announced his intent to purchase the Honolulu Star-Bulletin. The newspaper was printed in Kaneohe, on the presses of the Star-Bulletins sister publication and this was done to save costs. However, the format did not help as it continued to lose money and readership. At the same time, Gannett was looking into selling the Advertiser as the company decided that it did not fit in with Gannetts long-term strategy, on February 25,2010, Black Press purchased the The Honolulu Advertiser. As part of the deal to acquire the Advertiser, Black Press agreed to place the Star-Bulletin on the selling block. If no buyer came forward by March 29,2010, Black Press would start making preparations to operate both papers through a management team and then combine the two dailies into one. The merger took place on June 7,2010, the Star-Bulletin published its final issue as a tabloid on June 6,2010 before returning to a broadsheet paper under the merger. Robertson bought the concept from Whitney and hired him as editor, March 28,1893, Two months after Queen Liliuokalani was overthrown, businessman Joseph Ballard Atherton founded the Hawaiian Star as a mouthpiece for the provisional government
12.
Bankruptcy
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Bankruptcy is a legal status of a person or other entity that cannot repay the debts it owes to creditors. In most jurisdictions, bankruptcy is imposed by a court order, Bankruptcy is not the only legal status that an insolvent person may have, and the term bankruptcy is therefore not a synonym for insolvency. In some countries, including the United Kingdom, bankruptcy is limited to individuals, in the United States, bankruptcy is applied more broadly to formal insolvency proceedings. In France, the cognate French word banqueroute is used solely for cases of fraudulent bankruptcy, in Ancient Greece, bankruptcy did not exist. If a man owed and he could not pay, he and his wife, children or servants were forced into debt slavery, until the creditor recouped losses through their physical labour. Many city-states in ancient Greece limited debt slavery to a period of five years, debt slaves had protection of life and limb, which regular slaves did not enjoy. However, servants of the debtor could be retained beyond that deadline by the creditor and were forced to serve their new lord for a lifetime. An exception to rule was Athens, which by the laws of Solon forbade enslavement for debt, as a consequence. The Statute of Bankrupts of 1542 was the first statute under English law dealing with bankruptcy or insolvency, Bankruptcy is also documented in East Asia. According to al-Maqrizi, the Yassa of Genghis Khan contained a provision that mandated the death penalty for anyone who became bankrupt three times, a failure of a nation to meet bond repayments has been seen on many occasions. Philip II of Spain had to declare four state bankruptcies in 1557,1560,1575 and 1596, at the edge of Europe, Egypt, Russia, and Turkey have histories of chronic default as well. For private households, it is argued to be insufficient to merely dismiss debts after a certain period and it is important to assess the underlying problems and to minimize the risk of financial distress to re-occur. In most EU Member States, debt discharge is conditioned by a partial payment obligation, in the United States, discharge is conditioned to a lesser extent. The spectrum is broad in the EU, with the UK coming closest to the US system, the Other Member States do not provide the option of a debt discharge. It is almost impossible to discharge student loan debt by filing bankruptcy, unlike most other debtors, the individual with student debt must give a series of reasons and tests to prove that the debtor could not pay the debt. If the person were to file bankruptcy, he or she is encouraged to do so under Chapter 13. In order to avoid bankruptcy, one could negotiate with the lender to lower monthly payments, student loan bankruptcy is considered a last resort. However, some find themselves being forced to file bankruptcy, as the lender refused to lower payments
