Welcome to Savings Guide
Us Savings Bond Article
. For a permanent link to this article, or to bookmark it for further reading, click here.
Day Light Savings Time
from:Introduction
Day light savings time (DST) is essentially defined as the practice of advancing the clock time so that the afternoons have more of daylights than the mornings.
Also known as the summer time in British English, this system typically requires the clocks to be adjusted forward by one hour near the start of spring and is adjusted backward in autumn.
History has it the day lights saving time were instituted in the Untied States during the World War I, in order to save energy for war production so that maximum advantage of the later hours of daylight between April and October could be taken.
Features and Aspects
Experts strongly suggest that one of the biggest advantages of day light savings time is that it saves a lot of energy. The logic which is described behind this is that the energy used and the demand for electricity for lighting our homes is directly proportionate to when we go to bed and when do we get up. If the sleeping time gets proponed by an hour, that could amount to an equal amount of energy saved all throughout.
As per the procedure of the day lights saving time, at 2 a.m. on the second Sunday in March, the clocks are set one hour ahead of the standard time. Moving on, the clocks are again set back by one hour at 2 a.m. on the first Sunday in the November, thus reverting to the standard time.
During this six-and-a-half-month period of day light savings time, the names of time in each of the time zones in the US are also changed. For instance the Eastern Standard Time is changed to Eastern Daylight Time, and Central Standard Time (CST) becomes Central Daylight Time and so on.
Meanwhile, in the Southern hemisphere where summer comes in December, the day light savings time is observed from October to March. It has to be noted that there is a variation in the pattern of adherence to the day light savings time all across the globe. While the Asian region has almost never observed the daily light savings time schedule, the timings and patterns followed by a many other regions and countries might differ from each other.
The concept of DST has always had a very important place in history. The entire cycle of business, school and all forms of commercial pursuits goes under a variation based on the presence or absence of this concept. Though some of schools of thought actually opine against the benefits of this concept, yet this mechanism has come to stay since long and continues to do well into the future.
??
??
??
??
1
Us Savings Bond News
Flight to US Treasury Bonds Bad News for Economy - Washington Post
Flight to US Treasury Bonds Bad News for Economy Washington Post, United States - Another difference is that in Japan 15 years ago, savings rates were very high, while in the United States today the savings rate is very low. ... |
US Government Backed Bank Debt - A Perverse Form of War Bonds? - istockAnalyst.com (press release)
US Government Backed Bank Debt - A Perverse Form of War Bonds? istockAnalyst.com (press release), OR - 1941, in an effort to control inflation, the US Treasury began marketing the new Series E bonds US Savings Bonds as “defense bonds”. ... Treasuries Set for Best Month Since 1981 in ‘Time of Trial’ |
US Bank poised to grow bigger, stronger - Minneapolis Star Tribune
US Bank poised to grow bigger, stronger Minneapolis Star Tribune, MN - Davis, as part of a government-assisted deal last month for two failed savings banks in California, has agreed to restructure up to 35000 mortgages he ... |
Asia and the art of war chests - FinanceAsia
 Boston Globe | Asia and the art of war chests FinanceAsia, Hong Kong - Cash from household savings or corporate retained profits have been lent to the United States, fuelling that country’s consumer spending boom, and have then ... Britain should join euro says Hong Kong's Tsang Stocks Are Higher in Europe and Asia China's fiscal might helps emerging Asia's case |
Thermage Inc. Q3 2008 Earnings Call Transcript - Seeking Alpha
Thermage Inc. Q3 2008 Earnings Call Transcript Seeking Alpha, NY - Now, originally when we announced the acquisition, we had identified approximately $14 million in annual cost savings. As of today, the cost savings we have ... |