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Bank For International Settlements
The Bank for International Settlements (BIS) is an international financial institution which is owned by member central banks. Its primary goal is to foster international monetary and financial cooperation while serving as a bank for central banks. With its establishment in 1930 it is the oldest international financial institution. Its initial purpose was to oversee the settlement of World War I war reparations. The BIS carries out its work through its meetings, programmes and through the Basel Process, hosting international groups pursuing global financial stability and facilitating their interaction. It also provides banking services, but only to central banks and other international organizations. The BIS is based in Basel, Switzerland, with representative offices in Hong Kong and Mexico City. History Background International monetary cooperation started to develop tentatively in the course of the 19th century. An early case was a £400,000 loan in gold coins, in 1825 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
BIS-Tower
The BIS-Tower, more commonly known as the ''BIS-high rise'', is a 69.5-meter-high administrative tower and headquarters of the Bank for International Settlements (BIS) in Basel, Switzerland. Designed by architect Martin Burckhardt (architect), Martin Burckhardt and built between 1972 and 1977, the tower is a landmark of the Central Railway Station and the city of Basel. From the year of its construction until 2003, it was the third tallest building in the city. The BIS Tower dominates the Basel skyline with its striking silhouette, and its color scheme and aesthetics set the style for several commercial and administrative buildings in the 1970s. By a special agreement and international conventions, the building has a special legal status (Art. 3 Agreement of February 10, 1987). In addition to its function as administrative headquarters, the building is regularly used by the BIS for international meetings and conferences. Function and special status The BIS Tower is primarily used ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
American Civil War
The American Civil War (April 12, 1861May 26, 1865; also known by Names of the American Civil War, other names) was a civil war in the United States between the Union (American Civil War), Union ("the North") and the Confederate States of America, Confederacy ("the South"), which was formed in 1861 by U.S. state, states that had Secession in the United States, seceded from the Union. The Origins of the American Civil War, central conflict leading to war was a dispute over whether Slavery in the United States, slavery should be permitted to expand into the western territories, leading to more slave states, or be prohibited from doing so, which many believed would place slavery on a course of ultimate extinction. Timeline of events leading to the American Civil War, Decades of controversy over slavery came to a head when Abraham Lincoln, who opposed slavery's expansion, won the 1860 presidential election. Seven Southern slave states responded to Lincoln's victory by seceding f ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Telegraph
Telegraphy is the long-distance transmission of messages where the sender uses symbolic codes, known to the recipient, rather than a physical exchange of an object bearing the message. Thus flag semaphore is a method of telegraphy, whereas pigeon post is not. Ancient signalling systems, although sometimes quite extensive and sophisticated as in China, were generally not capable of transmitting arbitrary text messages. Possible messages were fixed and predetermined, so such systems are thus not true telegraphs. The earliest true telegraph put into widespread use was the Chappe telegraph, an optical telegraph invented by Claude Chappe in the late 18th century. The system was used extensively in France, and European nations occupied by France, during the Napoleonic era. The electric telegraph started to replace the optical telegraph in the mid-19th century. It was first taken up in Britain in the form of the Cooke and Wheatstone telegraph, initially used mostly as an aid ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
World War I
World War I or the First World War (28 July 1914 – 11 November 1918), also known as the Great War, was a World war, global conflict between two coalitions: the Allies of World War I, Allies (or Entente) and the Central Powers. Fighting took place mainly in European theatre of World War I, Europe and the Middle Eastern theatre of World War I, Middle East, as well as in parts of African theatre of World War I, Africa and the Asian and Pacific theatre of World War I, Asia-Pacific, and in Europe was characterised by trench warfare; the widespread use of Artillery of World War I, artillery, machine guns, and Chemical weapons in World War I, chemical weapons (gas); and the introductions of Tanks in World War I, tanks and Aviation in World War I, aircraft. World War I was one of the List of wars by death toll, deadliest conflicts in history, resulting in an estimated World War I casualties, 10 million military dead and more than 20 million wounded, plus some 10 million civilian de ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Neue Freie Presse
''Neue Freie Presse'' ("New Free Press") was a Viennese newspaper founded by Adolf Werthner together with the journalists Max Friedländer and Michael Etienne on 1 September 1864 after the staff had split from the newspaper ''Die Presse''. It existed until January 31, 1939. Werthner was president of ''Oesterreichischen Journal-Aktien-Gesellschaft'', the business entity behind the newspaper. In 1879, Eduard Bacher became the editor-in-chief of the paper. The editor from 1908 to 1920, and eventual owner, was Moriz Benedikt. Journalists employed by the paper included " Sil-Vara" (pseudonym of Geza Silberer) and Felix Salten. In Paris, its correspondent was Raphael Basch, Max Nordau, and from 1891, Theodor Herzl, both founders of the Zionist movement. Its music critics included Eduard Hanslick (1864–1904) and Julius Korngold (1904–1934). In his book '' The World of Yesterday'', Stefan Zweig, a '' feuilletonist'' for the newspaper, called the ''Neue Freie Presse'' "the o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Luigi Luzzatti
Luigi Luzzatti (; 11 March 1841 – 29 March 1927) was an Italian financier, political economist, social philosopher, and jurist. He served as the 20th prime minister of Italy between 1910 and 1911. Luzzatti came from a wealthy and cultured Jewish family and built a reputation as a social reformer dedicated to raise the working classes from ignorance and poverty.Soper, ''Building a Civil Society''p. 45/ref> He is remembered being the founder of the Italian credit union movement and for his book ''Dio nella libertà'' (God in Freedom), in which he advocates religious tolerance. This provoked an exchange of correspondence between him and Benedetto Croce. Early life Luzzatti was born to Jewish parents in Venice on 11 March 1841. In 1869 he was appointed by Marco Minghetti, Minghetti under secretary of state to the ministry of agriculture and commerce, in which capacity he abolished government control over commercial companies and promoted a state inquiry into the conditions of i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bern
Bern (), or Berne (), ; ; ; . is the ''de facto'' Capital city, capital of Switzerland, referred to as the "federal city".; ; ; . According to the Swiss constitution, the Swiss Confederation intentionally has no "capital", but Bern has governmental institutions such as the Federal Assembly (Switzerland), Federal Assembly and Federal Council (Switzerland), Federal Council. However, the Federal Supreme Court of Switzerland, Federal Supreme Court is in Lausanne, the Federal Criminal Court of Switzerland, Federal Criminal Court is in Bellinzona and the Federal Administrative Court (Switzerland), Federal Administrative Court and the Federal Patent Court (Switzerland), Federal Patent Court are in St. Gallen, exemplifying the federal nature of the Confederation. With a population of about 146,000 (), Bern is the List of cities in Switzerland, fifth-most populous city in Switzerland, behind Zürich, Geneva, Basel and Lausanne. The Bern agglomeration, which includes 36 municipalities ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Raphaël-Georges Lévy
Raphaël-Georges Lévy (24 February 1853 – 8 December 1933) was a French banker, economist and politician. He taught for many years at the École libre des sciences politiques. He had liberal economic beliefs, including support for free trade and central bank independence. He was a Senator of Seine from 1920 to 1927. Early years (1853–70) Raphaël-Georges Lévy was born on 24 February 1853 in Paris. His parents were Benjamin Lévy and Eugénie Bamberger. His father was an inspector-general of public instruction. His mother Eugénie Bamberger (1828-1904), known as Jenny, was the daughter of August Bamberger and Amelie Bischoffsheim, of the Bischoffsheim family of bankers. His uncle, the banker Henri Bamberger, was co-founder of the Banque de Paris et des Pays-Bas. He was related to Marcel Proust through his sister Marguerite (née Lévy, 1859-1926), wife of Daniel Mayer, the first cousin of Proust's mother. Raphaël-Georges Lévy grew up in an intellectual environment. He at ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Neutral Country
A neutral country is a sovereign state, state that is neutral towards belligerents in a specific war or holds itself as permanently neutral in all future conflicts (including avoiding entering into military alliances such as NATO, Collective Security Treaty Organization, CSTO or the Shanghai Cooperation Organisation, SCO). As a type of non-combatant status, nationals of neutral countries enjoy protection under the law of war from belligerent actions to a greater extent than other non-combatants such as enemy civilians and Prisoner of war, prisoners of war. Different countries interpret their neutrality differently: some, such as Costa Rica have Demilitarization, demilitarized, while Switzerland holds to "armed neutrality", to deter aggression with a sizeable military, while barring itself from foreign deployment. Not all neutral countries avoid any foreign deployment or alliances, as Austria and Republic of Ireland, Ireland have active UN peacekeeping forces and a political allia ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Brussels Conference (1892)
The International Monetary Conference of 1892 was the fourth of a series of International Monetary and Economic Conferences, international monetary conferences, held in Brussels in November and December 1892. It was chaired by Belgian Senator Georges Montefiore-Levi. Overview Following the adjournment of the Paris Monetary Conference (1881), concerns kept growing that gold was becoming to scarce while the relative price of silver kept eroding, bringing disturbance to the international monetary system. After several abortive attempts, the fourth and last of the 19th-century International Monetary Conferences was brought together at Brussels in November 1892 on the invitation of U.S. President Benjamin Harrison. In addition to the United States and Belgium, the participing nations were Austria-Hungary, Denmark, France, Germany, Greece, British India, Italy, Mexico, the Netherlands, Norway, the Ottoman Empire, Portugal, Romania, Russia, Spain, Sweden, Switzerland, and the United K ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mint (facility)
A mint is an industrial facility which manufactures coins that can be used as currency. The history of mints correlates closely with the history of coins. In the beginning, hammered coinage or cast coinage were the chief means of coin minting, with resulting production runs numbering as little as the hundreds or thousands. In modern mints, coin dies are manufactured in large numbers and planchets are made into milled coins by the billions. With the mass production of currency, the production cost is weighed when minting coins. For example, it costs the United States Mint much less than 25 cents to make a quarter (a 25 cent coin), and the difference in production cost and face value (called seigniorage) helps fund the minting body. Conversely, a U.S. penny ($0.01) cost $0.015 to make in 2016. History The first minted coins The first mint was likely established in Lydia in the 7th century BC, for coining gold, silver and electrum. The first coins known to be minte ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Latin Monetary Union
The Monetary Convention of 23 December 1865 was a unified system of coinage that provided a degree of monetary integration among several European countries, initially Belgium, France, Italy and Switzerland, at a time when the circulation of banknotes in these countries remained relatively marginal. In early 1866, it started being referred to in the British press as the Latin Monetary Union, with intent to make clear that the United Kingdom would not join, and has been generally referred to under that name () and the acronym LMU since then. A number of countries minted coins according to the LMU standard even though they did not formally join the LMU. The LMU has been viewed as a forerunner of late-20th-century European monetary union but cannot be directly compared with it, not least since the LMU did not rely on any common institutions. Unlike the Scandinavian Monetary Union established a few years later, the Latin Monetary Union remained limited to coinage and never extended ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
