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By using our site, you agree to our collection of information through the use of cookies. The pictures
of airplanes flying into buildings, fires burning, huge -- huge structures collapsing have filled us with
disbelief, terrible sadness, and a quiet, unyielding anger. The loss of part of the labor workforce
created a significant gap that corporations had to fill because of the demise of hundreds of
employees who died in the World Trade Center towers. Israel have become more and more in power
of what once used to be Palestine, which is the main idea of the dispute between the countries.
Coordinated air attacks on trade towers and Pentagon Hijacked commercial airliners used as
weapons By Jerry Schwartz, Associated Press NEW YORK -- In a horrific sequence of destruction,
terrorists hijacked two airliners and crashed them into the World Trade Center in a coordinated series
of attacks this morning that brought down the twin 110-story towers. The attacks were executed and
organised by an Islamic extremist terrorist group called Al Qaeda; lead by Husaam Bin Ladin.
America has stood down enemies before, and we will do so this time. It took approximately only 10
seconds for each of the towers to fall to ground level. After being informed about the disaster in
New York passengers of flight 93 realised the plane had been hijacked. Authorities in New York had
been trying to evacuate those who work in the twin towers, but many were thought to have been
trapped. The two groups started in the 1930’s and continued until 1948 when Israel was declared an
Independent state. Cyber attacks are executed by individuals or an organization with social or
political motives. This study sought to gain greater understanding of the differential impact of the
September 11th attack on individuals by investigating the influence of age, psychological hardiness,
and repression versus sensitization as forms of coping behavior on psychological health. There is now
a strong chance that each public aircraft will be required to have armed guards on the plane.
Therefore, the terrorist attacks can play a massively derogatory role in a country's economy and thus,
the tourism sector similar to other sectors can bear the brunt of such scenario (Wharton University of
Pennsylvania, 2010). These kinds of damages are better understood as collateral or consequential
damages. Income from tourism in Egypt went down by 11 percent after 'al-Gama'a al-Islamiya'
started targeting tourists. As civilians watched the twin towers of The World Trade Centre burn in
New York, people knew the world would never be the same again. The media showed the true extent
of the damage, shocking the whole world and emphasising the true threat that terrorism is, and that
Al Quieda should never be underestimated or swept aside. Also to be observed are the effects upon
the underlying economic reality that upholds the financial markets, which represents a major example
of how an event can influence the business or financial sector. Five-year U.S. Treasury bond notes
were no different, as huge gains were made on a buy up of stocks. Across the US flights were halted
or redirected to other countries and many mourned the 2992 people who died. Many police officers
and rescue workers elsewhere in the country took leaves of absence to travel to New York City to
assist in the process of recovering bodies from the remains of the Twin Towers. Let us write or edit
the research paper on your topic. For some it means the struggle to defend one's faith and ideals
against harmful outside influences. We will make no distinction between the terrorists who
committed these acts and those who harbor them. This essay aims to explore perhaps the most
significant and relevant of these reasons. In addition, at 19:28am the North Tower of the World
Trade Centre collapsed 1 hour and 42 minutes after being struck by the first plane. Our first priority
is to get help to those who have been injured, and to take every precaution to protect our citizens at
home and around the world from further attacks. Another bang, rumble, with men, women and
children already in complete numbness looking up to see the other tower collapse.
When all was said and done, once the market had re-opened, American Airlines’ stock had fallen
nearly 40%, while Morgan Stanley’s stock had dropped 11%. Tonight, I ask for your prayers for all
those who grieve, for the children whose worlds have been shattered, for all whose sense of safety
and security has been threatened. A survey of the damages that would follow would inform of the
severity of the September 11 2001 attacks. In 1973 the Arab states hit back, attacking Israel on the
day of Yom Kippur (A Jewish festival). Tuesday, September 11, 2001 In 2001, terrorists hijacked
four planes, piloting two into the World Trade Center’s twin towers in New York City and one into
the Pentagon in Washington D.C. The fourth crashed in western Pennsylvania. Airports were shut
down on September 11 with passengers stranded near and far, putting airlines to the expense of
housing passengers. The attacks impacted the Macro-system in the sense that the World Trade Centre
was closed, and the economic system of Lower Manhattan nearly ground to a halt. On September
11th 2001 the world was forever changed. Today, with the ubiquity of the use of the Internet in
every political and social sector cyber attacks are increasingly growing in numbers. Another reason
for Bin Laden’s resentment for the U.S is for taking the Jews side in Israel. How the attacks on
America on 11th September 2001 have changed the world. We use cookies to create the best
experience for you. More than 4,500 aircraft are in air at the time. 9:45 a.m. The U.S. Capitol and
White House’s West Wing begin evacuating. The U.S. House of Representatives and Senate are in
session. 9:58 a.m. Flight 93 passenger Edward P. One minute later, evacuation orders are extended
for all civilians in the World Trade Center Complex. 9:03 a.m. The second plane crashes.
Furthermore, there was a huge surge in the purchases of various reinsurance stocks, which were
expecting to pay out billions of dollars, and surges in the purchase of major financial service
companies’ put options such as Morgan Stanley and Merrill Lynch. Ultimately the Crusades failed
and the Holy Land remained in Muslim control, which went back and forth between the Jews and
Muslims. Additionally, the focus will also be on the responses to the shockwaves, if any, that rippled
the business community many years after the event. These attacks were when 19 Al-Qaeda terrorists,
15 of them Saudi Arabian, took over 4 US commercial planes and flew them in to some of Americas
biggest economic buildings. At the individual and group level or microsystem, people were gripped
with fear of a repeat of the attacks that had claimed about 3000 civilian lives. PTSD and MDD were
associated with higher levels of alcohol and drug use since September 11 (Cardenas et al, 2003, p.
16). Baschnagel et al (2005) conducted a similar study on 538 Western New York college students
who were indirectly exposed to the September 11, 2001 attacks in New York City. The two groups
started in the 1930’s and continued until 1948 when Israel was declared an Independent state. In
this case, the sub-units of a plant are actually seen as separate functional factories or different
production plants that can effectively run on their own. This was primarily down to the pre-existing
hardware and databases that were already in place. The fact is there is sufficient evidence that the
collateral damages sustained as a result of the September 11, 2001 attacks were far reaching. Many
police officers and rescue workers elsewhere in the country took leaves of absence to travel to New
York City to assist in the process of recovering bodies from the remains of the Twin Towers. There
was confusion between the unpredictability of the stock market in addition to the enormous loss of
infrastructure. Many experts would argue that effects of the attacks cannot be currently found or
seen in the money markets. This paper will build on existing studies by other experts who have
previously studied these issues. The Al Qaeda believes that America is suppressing the Islamic
community and religion as it grows. To browse Academia.edu and the wider internet faster and more
securely, please take a few seconds to upgrade your browser.
When the US invaded and rescued Afghanistan from Russia, who were attempting to force their
way of life and political communist views onto them in 1979, Afghans believed things would be
better. This was also tried in Afghanistan, but was overthrown by a majority of Muslim people and
many fled to the West during the oppression. The figure below (Insider Trading, 2011) shows the
before and after values of the stocks of United Airlines and American Airlines. S government
headquarters This disaster is the largest terrorist assault ever in the world. It would seem as though
some investors had foreknowledge that particular stock of certain airlines would dramatically
plummet on that fateful day. Conclusion The September 11, 2001 attacks were thus similar to a
nuclear explosion, with an initial explosion and a fall out with an extensive radius. These acts shatter
steel, but they cannot dent the steel of American resolve. Another reason for Bin Laden being
betrayed was the Gulf War in 1990. There were immediate electronic interruptions, not to mention
the direct threat to infrastructure. This research studies analyzes the actual and general damages and
consequences of the September 11, 2001 attacks. The War on Terror has essentially ID Lecturer What
changes have occurred since the September 11, 2001 attacks on the World Trade Centerand the
Pentagon in the use of profiling. The fourth airlines destination is unknown however as Al Qaeda
had already attacked the World Trade Centre, Americas main place for Business and trade, the
pentagon, Americas defence, the plane is believed to be going to the White House which is political.
International Insecurity and the Use of Force Date International Insecurity and the Use of Force
Introduction The history of the world is marked by instances of international insecurity; Nazism, the
two world wars, fascism, and the invasion of Iraq are examples of these instances. With Egypt
throughout the late 1950s and 60s posing an ideological threat to Saudi Arabia, they looked to the
USA for protection. These air attacks are now starting to work, with cities now being invaded by the
Northern Alliance, but there is still no sign of Osama Bin Laden. Now, the most immediate threat to
those who had not been in the Trade Centre was the flying dust, rubble and shrapnel flying through
the streets leading to demolished building that once was the World Trade Centre. Due to the negative
devastating effects of september 11, 2001, it is believed to be the worst terrorist attack ever to be
experienced by the Americans. So, in theory, you could easily carry a gun or knife with you in your
hand luggage through customs and onto the plane without being caught and prosecuted. This is very
ignorant of the fact that America is very prone to a terrorist attack, seeing that it isn't the most
popular county in many people's eyes. ADJUSTMENT COSTS, UNCERTAINTY, AND REAL
OPTIONS Adjustment costs can be acquired on both sides of the economy, specifically the supply
and demand curves. The hypothesis was tested by reference to the immediate reactions to the
September 11, 2001 attacks. In addition Americas support in Israel over palatine mean the
Palestinians feel let down by the rest of the world. With buildings destroyed, transportation
interruption and business closures, New York City “experienced massive job losses” (Tucker, 2004, p.
401). The damages to the Pentagon were less extensive but shocking all the same because the attack
on the Pentagon symbolized an attack on the US as a whole. I know this because Craig Davis shows
in his book “The Middle-East for Dummies” that, to Ibn Taymiyya, 1328, Jihad was a holy war that
that “must be at the centre of a Muslims life, as equally as important as the 5 Pillars of Islam.” Bin
Laden wants a Holy War, and claims that all Muslims want a Pan-Islamic state. This was primarily
down to the pre-existing hardware and databases that were already in place. Many extremists argue
that Saudi Arabia is corrupt in their unholy alliance that in wanting to be westernised leads to
wastefulness and materialism. However, with the sheer amount of equipment they had to carry it
would take a minute to climb only 1 floor, the fire fighters soon discovered they needed another plan.
Tuesday, September 11, 2001 In 2001, terrorists hijacked four planes, piloting two into the World
Trade Center’s twin towers in New York City and one into the Pentagon in Washington D.C. The
fourth crashed in western Pennsylvania. Israel have become more and more in power of what once
used to be Palestine, which is the main idea of the dispute between the countries. Two of the three
emergency stairwells are rendered impassible and most elevator cables in the area are severed by the
crash, trapping many on floors above the impact and in elevators. 9:05 a.m. President George W.
Bush is alerted to the second crash into the South Tower of the World Trade Center. 9:08 a.m. FAA
bans all takeoffs for flights nationwide which were either going to or passing through its New York
Center airspace. 9:12 a.m. Flight attendant Renee A.
In addition to property destruction, South Manhattan, is home to New York City’s government and
international commerce. The company were over expanding and were in a lot of debt, and the attacks
just blew the final whistle on this troubled company. The issue is still relatively sensitive because of
the types of questions and accusations surrounding the beneficiaries of certain trading efforts in the
stock exchanges. Theses will be sent to the CDR automatically via ProQuest and do not need to be
deposited. So, recruiting Saudi terrorists was a stab in the back for USA. While the focus of this
paper is not to comment on the political impacts of what occured, it can be difficult to distinguish
between the financial world and the political world, as everything is related in one way or another.
The roots of this extremist view dates back as far as the 13 th century. Other indirect consequential
damages emanated from national security initiatives pursuant to the Bush administration’s
declaration of war against terror. But, this is linked with betrayal, because if the Saudi’s wouldn’t
had chose America over him, or if the U.S didn’t invade Afghanistan, what reason would there be to
punish the U.S? The resentment for the U.S can also be linked with Jihad. The respondents were
forcibly evacuated from the university and city. The questionnaires were evaluated by using a “cross-
sectional and longitudinal structural equation model analysis” (Wayment, 2004, p. 515). The results
of the analysis indicated “general distress and disaster-focused distress are discernable reactions
following a collective loss” (Wayment, 2004, p. 515). Women exhibited greater degrees of stress. The
bottom line is that strategic financial planning on the part of business owners, investors, and
everyday people has been undercut by treachery in high places. Contrary to popular belief in the
West, the Muslim Brotherhood normally pursues its goals peacefully, and advocates participation in
democratic systems, as well as democratic reform in dictatorships. We have witnessed a similarity of
this model in regards to outsourcing. The direct costs of searching for Osama bin Laden and
infiltrating terror cells are immeasurable and are costs that will burden the US for years to come
(Tucker, 2004). Thousands of workers and firemen had been trapped inside being crushed to death.
During most of 2003, the federal funds rate decreased to a 45-year low of only one percent. To what
extent has the agenda of world politics changed by the al-Quaeda at. The NYSE had experienced
closure before, the longest of which happened during the few months at the start of World War II.
However, it seems that the fast-paced growth of the global economy has muddied the waters.
Tonight, I ask for your prayers for all those who grieve, for the children whose worlds have been
shattered, for all whose sense of safety and security has been threatened. On September 11th 2001
the world was forever changed. The reason that they claim to be at war with America is because of
America's ignorance towards the rest o f the world and their unfair treating of Muslims. This is why
the Taliban - the rulers of Afghanistan have been hiding Bin Laden from the western armed forces.
Hospitals were alerted for massive injuries however hardly any arrived as they had been killed in the
destruction. Today, our nation saw evil — the very worst of human nature — and we responded with
the best of America. The north tower collapses minutes later. 10:05 White House evacuated. 10:48 A
third airliner, carrying 38 passengers from Newark, N.J. to San Francisco crashed southeast of
Pittsburgh. Our first priority is to get help to those who have been injured, and to take every
precaution to protect our citizens at home and around the world from further attacks. I appreciate so
very much the members of Congress who have joined me in strongly condemning these attacks. At
the end of his speech, the head of the Federal Reserve in Philadelphia repeated that it would be
important to have close at hand knowledge of market data, and also that price stability issues were
of main concern to the global environment (Federal Reserve Bank of Philadelphia, 2003). One
reason is revenge for the treatment Muslims in Afghanistan.