In the first decades of the twentieth century, the Madrid-based Galician journalist Julio Camba (1882–1962) acquired long-lasting fame as a travel writer thanks to his foreign chronicles published in the Spanish press and subsequently compiled in a series of volumes. La rana viajera [The Travelling Frog] (1920), however, gathers some of the p…[Read more]

Travel has always been an extremely important theme in Irish-language literature, but often this travel was motivated by financial hardship and, up until the late twentieth century, Irish-language accounts of travel largely documented the emigrant experience. In more recent years, however, Irish-language literature has witnessed a transition from…[Read more]

Guidebooks play an important role in increasing the visibility of a nation, as they introduce the country to potential visitors and create images prior to travelling. However, they also tend to reinforce stereotypes and create “romantic fictions” (Mahn 2008). This article examines the representation of Wales in French and German guidebooks and con…[Read more]

This article examines Derek Walcott’s “travel poems” about Wales and England from the collections The Fortunate Traveller (1981) and Midsummer (1984) through the prism of Deleuze and Guattari’s concept of littérature mineure. As a Caribbean poet, Walcott is placed both outside the centre of “majority”, post-imperial civilisation and within the s…[Read more]

In spite of a burgeoning recognition of the Welsh language as part of a wider appreciation of Welsh culture at the beginning of the nineteenth century (see Constantine 2014: 124), Home Tour writing about Wales remained largely Anglocentric (Borm, quoted in Colbert 2012: 85). The journals written by lady’s companions, Eliza and Millicent Bant, in 1…[Read more]

We present a model for pricing a credit derivative product where party A has sold default put protection on a Euro denominated bond. Specifically, upon bond issuer default, party A must pay to party B a notional amount of 10 million USD (excluding accrued interest). In exchange, party B must pay a fixed rate to party A, on a quarterly basis,…[Read more]

We present a valuation model for pricing a gold derivatives trade. The trade can be structured to synthesize a typical gold-miner’s hedge, specifically, a swap in which one party receives long-term interest rates and pays a blend of short-term interest rates and short-term gold lease rates.

We present a model for pricing a path-dependent, equity-linked payoff. Here a bounded price return is calculated from an underlying index at certain pre-specified dates. The total return at maturity is given by the sum of the bounded price returns above, but where a specified number of the highest of these returns are set to a cap value.

A model is presented for pricing an American call option on stock. The option tenor is n years, and its strike price is increased every anniversary. It has also the following feature: if the stock price stays in excess of 200% of the current strike price during 10 consecutive trading days. The seller can issue a notice to the buyer that one half…[Read more]

This introduction to the MLO special issue “Minoritised Languages and Travel” provides an overview of the pieces in this collection in context with historical travel accounts in German about nineteenth-century Wales.

The contributions in this collection lay bare frictions between traveller and travelee as well as the inherent instability of soc…[Read more]

Three consecutive patriarchs of Esoteric Buddhism were Amoghavajra of India, Huiguo of China, and Kūkai of Japan. This paper foregrounds the usually taken-for-granted but vital historical role of language education and translation in the international spread of religion and culture. There had to be sufficiently educated bilingual or multilingual…[Read more]

We present a valuation model for pricing two asset barrier options on commodity futures. Applications to commodity futures have a number of specific. The analytical valuation formulas are also implemented. The payoff of a two asset barrier options is made against one of the assets, while the other asset is used to trigger the barrier.

A two-asset barrier option is a European style option whose value is determined by two underlying assets. One asset, S1, determines the payoff function, and the other, S2, knocks the option in or out if the S2 value crosses the barrier.

A Market Mix GIC is a type of guaranteed investment certificate, which offers a return based on a corresponding GIC rate and the performance of a basket of certain stock and bond market indices. The payoff at maturity from a Market Mix GIC can be shown equal to the invested principal plus this principal times the sum of the minimum guaranteed…[Read more]

The Market Mix GIC is a type of guaranteed investment certificate, of 3- or 5-year term, which offers a return based on a corresponding GIC rate and the performance of a basket of certain stock and bond market indices. To determine the rate of return, the percentage change in each index level from the initial level is calculated. Here the initial…[Read more]

A pricing model was developed for pricing a total return swap between two parties. Here party A receives LIBOR plus a spread, but pays out the equity dividends arising from a collateralized loan obligation (CLO).

This book was a compilation of anecdotes.

This paper explores how Bucharest’s cinema-going public perceived the Nazi influence on Hollywood in the 1930s. The aim is to identify how Nazi propaganda was disseminated and consumed in interwar Bucharest and its similarities to the idea of glamour, relevant both to fashion and cinema. Considering the links between Goebbels’ propaganda mac…[Read more]

This article explores how public health was transformed in Egypt soon after its occupation by Great Britain in 1882. Over the course of the nineteenth century, the Egyptian state had invested substantially in health to boost the nation’s economic and military strength, and, especially after the opening of the Suez Canal in 1869, to address E…[Read more]

A goal for language learners is to function in plural languages according to their own needs and purposes. A bilingual perspective starts from that attainable goal. Learners in Japan tend to idealize L2 mastery or becoming bilingual, so it becomes other people’s business. Monolingual teachers tell students by their example, “go where I have not…[Read more]