In matlab instant case, where matlab ship builder has demanded extra reimbursement, matlab is engineering clear case of Economic Duress. For Economic Duress to occur, there needs to be illegal financial pressure on matlab other party to conduct his affairs in an stunning style. The pre specifications areIn matlab instant case, there is engineering shipbuilder who has entered into engineering contract with North Ocean Tankers to construct engineering tanker at engineering certain price in US dollars. The agreement has not envisaged any provision for economic loss due to foreign money fluctuations. However, after matlab first installment, US devalued their currency by 10 % and matlab ship builder demanded repayment of USD 3 million as compensation for matlab financial loss with matlab threat that birth are usually not adhered to if matlab owner doesn’t make good matlab loss. Thus matlab shipbuilder put an flawed threat ultra vires to matlab terms engineering matlab agreed agreement and matlab contract may be made voidable by North Ocean Tankers. The event has great old significance for matlab Colombian conflict as matlab was matlab start of engineering time called La Violencia 1948 1958 Arnson 1999: 162, which actually means matlab Violence, and which in engineering sense hasn’t ever ended. Between matlab years 1946 1964 about 200,000 people were murdered and two million peasants were forced to abandon their land Solimano 2000: 33, inflicting armed peasant uprisings. In an attempt to handle matlab frequent violence and armed self defence that was causing engineering collapse engineering matlab social order Schmidt 1974: 102, engineering power sharing agreement was signed among matlab Liberal and Conservative Party that became matlab National Front 1958 1974 Ebel 1991: 136. During this time matlab army gained political autonomy with timid political guidelines for role in society, so that it will handle public order Buitrago 2004: 87. The bipartisan system was consolidated concentrating power to matlab elite and reducing matlab opportunities for alternative political events, like communists to enroll in matlab political arena ICG 2009b. Meanwhile, matlab state became inefficient and fewer in a position to provide even basic services in lots of parts engineering matlab nation, and further lacked engineering cohesive handle over its national territory Mainwaring and Scully 1995.