Japanese Attacks on Pearl Harbor Essay Example | Topics and Well Written Essays - 1500 words

Japanese Attacks on Pearl Harbor - Essay Example Pearl Harbor resulted in American participation in World War II. On the next day of attack, US declared war against Japan with equal support of American congress. US did not respond as per the requirements because US had already promised Britain support against Germany. Aim of this paper is to study the reasons that compelled Japan to launch a surprise attack on US naval forces in pacific with a view to study American response to Pearl Harbor attack. Japan moved its aircraft carriers for about 4000 miles deep into the ocean to help the air force to take off for launching attack on Pearl Harbor. The dawn of 7 December 1941 witnessed the destruction of American naval fleet at Pearl Harbor. It was a great the in the history of military combats. Japanese air force launched attack in two waves. Japan used six aircraft carries for launching its air force against the US fleet (Clausen & Lee 2001). Japanese air force played havoc in the first wave and caused sudden destruction of American battleships. Total destruction could not be caused as main air craft carriers of American naval forces were sailing hundred miles away from the Pearl Harbor. Commander Mitsuo led the attack on Pearl Harbor. Attack caused 3500 hundred death and wound injuries to American troops. Eight main battleships including USS Arizona were destroyed in the attack (Borch & Martinez 2005). US Arizona got blasted because of fire in ammunition magazine of the ship and then sunk in a short time. There were numerous objectives behind Japanese attack on pacific fleet. ... US Arizona got blasted because of fire in ammunition magazine of the ship and then sunk in a short time. There were numerous objectives behind Japanese attack on pacific fleet. Main reasons of attack were as under. US president Roosevelt had imposed economic and military sanctions on Japan in retaliation to Chinese invasion by Japan American continuously warned Japan to end the war in China through peaceful negotiations (Prange, et al 1988). All exports of oil, robber and iron were banned on Japan. This started severely damaging economy of Japan. Japan could no longer bear the crippling effects of American sanctions on it s economy and military. Sanctions put real strain on oil supply to Japan as Japan lost more than 90% of oil supplies due to crippling sanctions (Clausen & Lee 2001). These American sanctions filled hatred for Americans in the hearts of Japanese and they started preparing for teaching America a bitter lesson in Pearl Harbor. Breakout of Second World War cleared the w estern intentions towards Japan. Japanese government had noticed western hostilities towards its territory (Wohlstetter 1962). This made Japan more vigilant for its security in the region. Japan never wanted its forces to withdraw from China. US were pressing hard to start negotiations with Chinese authorities to end the conflict. Japan was not ready to take serious notice of American protest against the invasion of China. Japan was keen in expanding its borders for economic needs (Morison 2001). US never wanted expansion of Japan because of its own vested interests in the region. Japan also adopted the diplomatic way to convince US but US did not agree on Japan’s terms. Japan wanted its territorial expansion in Asia, free of American

Financial accounting Essay Example | Topics and Well Written Essays - 500 words

Financial accounting - Essay Example This contingent liability has to be explained in detail in the notes section with references to the law suit, failed bid and the estimated trial date. a. In the light of the information in the article, do you believe that it is appropriate for Santos to utilize a contingent liability note as the vehicle to provide information about the organization’s potential liability in relation to the mudflow claims? From the information provided in the article, it is evident that there is a big uncertainty associated with future claims and settlements. It is imperative to note that Santos has already agreed to make a payout of $ US 22.5 million to Minarak in order to protect itself from past, present and future claims. This reduces the possibilities of Santos being held responsible for claims, though the amount paid to Minarak is very low compared to the damage caused by the mudflows. The deal has also reduced the potential risks for a third party buyer indicating that the company is protected from future claims. As the chances for possible obligations are remote, it is not necessary for Santos to disclose contingent liability. Santos can set aside a certain sun to provide as a relief measure to the affected people of the villages in East Java and establishing new homes for them. Santos can avoid future claims by dealing with the affected directly and providing relief measures. This will reduce the uncertainty regarding the future claims, but at the same time will increase the current obligations. This will reduce the risk for Santos for being taken over by another company. This step also has the added benefit of repairing the company’s brand image in the minds of the people and the government of Indonesia. Hence this cost can be recognized as a provision in the financial statement, as the present obligation as a result of an