Jorge Alessandri
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Jorge Alessandri
Jorge Eduardo Alessandri Rodríguez (; 19 May 1896 – 31 August 1986) was the 27th President of Chile from 1958 to 1964, and was the candidate of the Chilean right in the crucial presidential election of 1970, which he lost to Salvador Allende. He was the son of Arturo Alessandri, who was president from 1920 to 1925 and again from 1932 to 1938. Early years Jorge Alessandri was born in Santiago. He studied at Instituto Nacional General José Miguel Carrera, prestigious public high school of Santiago, and University of Chile, and after graduating in 1919 worked there as a lecturer. After the fall of the parliamentary republic, he lived in European exile with his parents from 1924 to 1925, but returned to his native land where he was elected to parliament as an independent from a Santiago constituency in 1926. He withdrew from public life in 1932 to concentrate on business interests, becoming president of the mortgage bank, ''Caja de Crédito Hipotecario'' until 1938 and r ...
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Order Of Merit (Chile)
The Order of Merit ( es, link=no, Orden al Mérito) is a Chilean order and was created in 1929. Succeeding the Medal of the Merit, which was created during the term of the President Germán Riesco through the Minister of War decree No. 1350 on 4 September 1906. This new national distinction was created to recognize the meritorious service provided by foreign military personnel to Chilean officials. The order is only awarded to foreigners. History In 1817, Bernardo O'Higgins created the Legion of Merit, with the aim of recognizing the ones who have provided help to Chile, specially during its independence. In 1823, when O'Higgins fled the country after his abdication, the Legion was extinct. Nevertheless, in 1906, Germán Riesco created the ''Medal of the Merit'', with the same aim as the current Order: award those who gave civil services to the Republic. The first 200 military medals were minted in gold and silver, giving them the title of ''First'' and ''Second Class''. ...
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List Of Presidents Of Chile
This article contains a list of presidents of Chile from the establishment of the first government junta in 1810, at the beginning of the Chilean War of Independence, to the present day. Patria Vieja (1810–1814) Government Juntas (1810–1814) Supreme directors (1814) Reconquest (1814–1817) Patria Nueva (1817–1826) Supreme directors (1817–1826) Presidents (1826–present) Organization of the Republic (1826–1830) Conservative Republic (1830–1861) Liberal Republic (1861–1891) Parliamentary Republic (1891–1925) Presidential Republic (1925–1932) Socialist Republic of Chile (1932) Presidential Republic (1932–1973) Military rule (1973–1990) Presidential Republic (1990–present) Timeline ImageSize = width:1200 height:auto barincrement:10 PlotArea = top:3 bottom:150 right:130 left:20 AlignBars = late Colors = id:none value:rgb(0.83,0.83,0.83) legend:None id:li ...
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Inflation
In economics, inflation is an increase in the general price level of goods and services in an economy. When the general price level rises, each unit of currency buys fewer goods and services; consequently, inflation corresponds to a reduction in the purchasing power of money. The opposite of inflation is deflation, a sustained decrease in the general price level of goods and services. The common measure of inflation is the inflation rate, the annualized percentage change in a general price index. As prices do not all increase at the same rate, the consumer price index (CPI) is often used for this purpose. The employment cost index is also used for wages in the United States. Most economists agree that high levels of inflation as well as hyperinflation—which have severely disruptive effects on the real economy—are caused by persistent excessive growth in the money supply. Views on low to moderate rates of inflation are more varied. Low or moderate inflation may be ...
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Austerity
Austerity is a set of political-economic policies that aim to reduce government budget deficits through spending cuts, tax increases, or a combination of both. There are three primary types of austerity measures: higher taxes to fund spending, raising taxes while cutting spending, and lower taxes and lower government spending. Austerity measures are often used by governments that find it difficult to borrow or meet their existing obligations to pay back loans. The measures are meant to reduce the budget deficit by bringing government revenues closer to expenditures. Proponents of these measures state that this reduces the amount of borrowing required and may also demonstrate a government's fiscal discipline to creditors and credit rating agencies and make borrowing easier and cheaper as a result. In most macroeconomic models, austerity policies which reduce government spending lead to increased unemployment in the short term. These reductions in employment usually occur di ...
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Mortgage Bank
Mortgage bank is a bank that specializes in originating and/or servicing mortgage loans. In the United States, a mortgage bank is a state-licensed banking entity that makes mortgage loans directly to consumers. The difference between a mortgage banker and a mortgage broker is that the mortgage banker funds loans with its own capital. Generally, a mortgage bank originates a loan and places it on a pre-established warehouse line of credit until the loan can be sold to an investor, which are typically large institutions. The credit risk is typically absorbed by the Agencies, which include Fannie Mae, or Freddie Mac, and Ginnie Mae. The process of selling a loan from the mortgage bank to another investor is referred to as selling the loan on the secondary market. This is in contrast to the primary market, which for mortgages typically refers to the bank buying the mortgage deed of trust from the homeowner for the face amount of the loan, adjusted for discount points and other pr ...
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Exile
Exile is primarily penal expulsion from one's native country, and secondarily expatriation or prolonged absence from one's homeland under either the compulsion of circumstance or the rigors of some high purpose. Usually persons and peoples suffer exile, but sometimes social entities like institutions (e.g. the papacy or a government) are forced from their homeland. In Roman law, ''exsilium'' denoted both voluntary exile and banishment as a capital punishment alternative to death. Deportation was forced exile, and entailed the lifelong loss of citizenship and property. Relegation was a milder form of deportation, which preserved the subject's citizenship and property. The term diaspora describes group exile, both voluntary and forced. "Government in exile" describes a government of a country that has relocated and argues its legitimacy from outside that country. Voluntary exile is often depicted as a form of protest by the person who claims it, to avoid persecution and prosec ...
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Europe
Europe is a large peninsula conventionally considered a continent in its own right because of its great physical size and the weight of its history and traditions. Europe is also considered a subcontinent of Eurasia and it is located entirely in the Northern Hemisphere and mostly in the Eastern Hemisphere. Comprising the westernmost peninsulas of Eurasia, it shares the continental landmass of Afro-Eurasia with both Africa and Asia. It is bordered by the Arctic Ocean to the north, the Atlantic Ocean to the west, the Mediterranean Sea to the south and Asia to the east. Europe is commonly considered to be separated from Asia by the watershed of the Ural Mountains, the Ural River, the Caspian Sea, the Greater Caucasus, the Black Sea and the waterways of the Turkish Straits. "Europe" (pp. 68–69); "Asia" (pp. 90–91): "A commonly accepted division between Asia and Europe ... is formed by the Ural Mountains, Ural River, Caspian Sea, Caucasus Mountains, and the Black Sea wit ...
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Instituto Nacional General José Miguel Carrera
Instituto Nacional General José Miguel Carrera, often shortened to Instituto Nacional (National Institute), is a public boys' school in downtown Santiago, Chile which teaches 4.400 students between 7th and 12th grade. 170 teachers are employed. The school was founded on August 10, 1813 by José Miguel Carrera. Its official name is ''Liceo Ex A-0 - Instituto Nacional General José Miguel Carrera''. The Instituto Nacional is one of the few public schools in Chile's largely privatized educational landscape. The school played a role in the long-running student protests for fairer education policies in 2006. When the protests began in 2019 with the increase in metro prices, the students at the Instituto Nacional called for collective fare evasion. History The school was founded on August 10, 1813 by Chile's first President and national hero, José Miguel Carrera. The official name is Liceo Ex A-0 - Instituto Nacional General José Miguel Carrera. During the military dictatorship ...
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Santiago, Chile
Santiago (, ; ), also known as Santiago de Chile, is the capital and largest city of Chile as well as one of the largest cities in the Americas. It is the center of Chile's most densely populated region, the Santiago Metropolitan Region, whose total population is 8 million which is nearly 40% of the country's population, of which more than 6 million live in the city's continuous urban area. The city is entirely in the country's central valley. Most of the city lies between above mean sea level. Founded in 1541 by the Spanish conquistador Pedro de Valdivia, Santiago has been the capital city of Chile since colonial times. The city has a downtown core of 19th-century neoclassical architecture and winding side-streets, dotted by art deco, neo-gothic, and other styles. Santiago's cityscape is shaped by several stand-alone hills and the fast-flowing Mapocho River, lined by parks such as Parque Forestal and Balmaceda Park. The Andes Mountains can be seen from most point ...
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Jorge Alessandri
Jorge Eduardo Alessandri Rodríguez (; 19 May 1896 – 31 August 1986) was the 27th President of Chile from 1958 to 1964, and was the candidate of the Chilean right in the crucial presidential election of 1970, which he lost to Salvador Allende. He was the son of Arturo Alessandri, who was president from 1920 to 1925 and again from 1932 to 1938. Early years Jorge Alessandri was born in Santiago. He studied at Instituto Nacional General José Miguel Carrera, prestigious public high school of Santiago, and University of Chile, and after graduating in 1919 worked there as a lecturer. After the fall of the parliamentary republic, he lived in European exile with his parents from 1924 to 1925, but returned to his native land where he was elected to parliament as an independent from a Santiago constituency in 1926. He withdrew from public life in 1932 to concentrate on business interests, becoming president of the mortgage bank, ''Caja de Crédito Hipotecario'' until 1938 and r ...
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Arturo Alessandri Palma
Arturo Fortunato Alessandri Palma (; December 20, 1868 – August 24, 1950) was a Chilean political figure and reformer who served thrice as president of Chile, first from 1920 to 1924, then from March to October 1925, and finally from 1932 to 1938. Early life Arturo Alessandri was the son of Pedro Alessandri Vargas and Susana Palma Guzmán. His grandfather, Pietro Allesandri Tarzi, was an Italian immigrant from Tuscany who had arrived in Chile from Argentina. Alessandri’s father, Pedro, became head of the family at the age of 19; at the time of Alessandri’s birth, he ran an estate in Longaví. At the age of 12, Alessandri enrolled at the Sacred Hearts High School, where his brothers and father had studied. At the age of 20, Alessandri began his legal studies at the University of Chile.'' The International Who's Who 1943-44''. 8th edition. George Allen & Unwin, London, 1943, p. 11. In 1891, while studying, he participated in the newspaper ''La Justicia'', which was oppos ...
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Salvador Allende
Salvador Guillermo Allende Gossens (, , ; 26 June 1908 – 11 September 1973) was a Chilean physician and socialist politician who served as the 28th president of Chile from 3 November 1970 until his death on 11 September 1973. He was the first Marxist to be elected president in a liberal democracy in Latin America.Don MabryAllende's Rise and Fall''. Allende's involvement in Chilean politics spanned a period of nearly forty years, having covered the posts of senator, deputy and cabinet minister. As a life-long committed member of the Socialist Party of Chile, whose foundation he had actively contributed to, he unsuccessfully ran for the national presidency in the 1952, 1958, and 1964 elections. In 1970, he won the presidency as the candidate of the Popular Unity coalition, in a close three-way race. He was elected in a run-off by Congress, as no candidate had gained a majority. As president, Allende sought to nationalize major industries, expand education and improve the ...
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