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Green Pound
In the United Kingdom, the ''green pound'' was the common name for an exchange rate that was used to calculate the value of financial support within the European Union's Common Agricultural Policy until 1999. Background Prior to the institution of a common currency, the then European Economic Community decided in 1962 to denominate its transactions in its own internal unit of account – initially the gold parity unit of account, fixed to the value of gold, and equivalent to the US dollar.B. Steiner (1993"Of Snakes in the Tunnell, Green ECU's and the EMU" University of Reading. Accessed 9 January 2012. Following the devaluation of the French franc and the revaluation of the Deutsche Mark in 1969, the governments involved considered that agricultural support should not be subject to the fluctuations of floating exchange rates, arguing that lower prices would be unacceptable for farmers, while higher prices would be inflationary.Brian E. Hill. ''The common agricultural policy: pas ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
James Callaghan
Leonard James Callaghan, Baron Callaghan of Cardiff ( ; 27 March 191226 March 2005) was a British statesman and Labour Party (UK), Labour Party politician who served as Prime Minister of the United Kingdom from 1976 to 1979 and Leader of the Labour Party (UK), Leader of the Labour Party from 1976 to 1980. Callaghan is the only person to have held all four Great Offices of State, having also served as Chancellor of the Exchequer from 1964 to 1967, Home Secretary from 1967 to 1970 and Foreign Secretary (United Kingdom), Foreign Secretary from 1974 to 1976. He was a Member of Parliament (United Kingdom), Member of Parliament (MP) from 1945 to 1987. Born into a working-class family in Portsmouth, Callaghan left school early and began his career as a tax inspector, before becoming a trade union official in the 1930s. He served as a Lieutenant (navy), lieutenant in the Royal Navy during the Second World War. He was elected to Parliament of the United Kingdom, Parliament at the 1945 U ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Food Prices
Food prices refer to the average price level for food across countries, regions and on a global scale. Food prices affect producers and consumers of food. Price levels depend on the food production process, including food marketing and food distribution. Fluctuation in food prices is determined by a number of compounding factors. Geopolitical events, global demand, exchange rates, government policy, diseases and crop yield, energy costs, availability of natural resources for agriculture, food speculation, changes in the use of soil and weather events directly affect food prices. To a certain extent, adverse price trends can be counteracted by food politics. The consequences of food price fluctuation are multiple. Increases in food prices, or agflation, endangers food security, particularly for developing countries, and can cause social unrest. Increases in food prices is related to disparities in diet quality and health, particularly among vulnerable populations, such as wo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
List Of Government Defeats In The House Of Commons (1945–present)
The following article is a list of government defeats in the House of Commons of the United Kingdom since 1945; that is, where the government whips have instructed their MPs to vote (or, in rare circumstances, abstain from voting) a certain way on a division of the House and have subsequently been defeated. Whilst most defeats have been on motions or bills scheduled in "government time", on occasion motions proposed by opposition parties or backbench MPs that are critical of government policy or practice, such as opposition day motions, are passed despite the government's efforts. Most government defeats since World War II have occurred in periods of minority government or where the government has a small majority. Government defeats have been caused by backbench rebellions and by opposition parties voting against a government when they had more MPs present in the House of Commons. Earlier (1918–1945) large (of a margin of more than 100) defeats of governments were for the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bretton Woods System
The Bretton Woods system of monetary management established the rules for commercial relations among 44 countries, including the United States, Canada, Western European countries, and Australia, after the 1944 Bretton Woods Agreement until the Jamaica Accords in 1976. The Bretton Woods system was the first example of a fully negotiated monetary order intended to govern monetary relations among independent states. The Bretton Woods system required countries to guarantee convertibility of their currencies into U.S. dollars to within 1% of fixed parity rates, with the dollar convertible to gold bullion for foreign governments and central banks at US$35 per troy ounce of fine gold (or 0.88867 gram fine gold per dollar). It also envisioned greater cooperation among countries in order to prevent future competitive devaluations, and thus established the International Monetary Fund (IMF) to monitor exchange rates and lend reserve currencies to countries with balance of payments de ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Agriculture In The United Kingdom
Agriculture in the United Kingdom uses 70% of the country's land area, employs 1% of its workforce (462,000 people) and contributes 0.5% of its gross value added ( £13.7 billion). The UK currently produces about 54% of its domestic food consumption. Agricultural activity occurs in most rural locations. It is concentrated in the drier east (for crops) and the wetter west (for livestock). There are 191,000 farm holdings, which vary widely in size. Despite skilled farmers, advanced technology, fertile soil and subsidies, farm earnings are relatively low, mainly due to low prices at the farm gate. Low earnings, high land prices and a shortage of let farmland discourage young people from joining the industry. The average (median) age of the British farm holder was about 60 in 2016; the UK government has stopped collecting age data for farmers. Recently there have been moves towards organic farming in an attempt to sustain profits, and many farmers supplement their income by diver ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Euro
The euro (currency symbol, symbol: euro sign, €; ISO 4217, currency code: EUR) is the official currency of 20 of the Member state of the European Union, member states of the European Union. This group of states is officially known as the euro area or, more commonly, the eurozone. The euro is divided into 100 1 euro cent coin, euro cents. The currency is also used officially by the institutions of the European Union, by International status and usage of the euro, four European microstates that are not EU members, the British Overseas Territory of Akrotiri and Dhekelia, as well as unilaterally by Montenegro and Kosovo. Outside Europe, a number of special territories of EU members also use the euro as their currency. The euro is used by 350 million people in Europe and additionally, over 200 million people worldwide use currencies pegged to the euro. It is the second-largest reserve currency as well as the second-most traded currency in the world after the United Sta ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank Of England
The Bank of England is the central bank of the United Kingdom and the model on which most modern central banks have been based. Established in 1694 to act as the Kingdom of England, English Government's banker and debt manager, and still one of the bankers for the government of the United Kingdom, it is the world's second oldest central bank. The bank was privately owned by stockholders from its foundation in 1694 until it was nationalised in 1946 by the Attlee ministry. In 1998 it became an independent public organisation, wholly owned by the Treasury Solicitor on behalf of the government, with a mandate to support the economic policies of the government of the day, but independence in maintaining price stability. In the 21st century the bank took on increased responsibility for maintaining and monitoring financial stability in the UK, and it increasingly functions as a statutory Financial regulation, regulator. The bank's headquarters have been in London's main financial di ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Third Thatcher Ministry
Margaret Thatcher was Prime Minister of the United Kingdom from 4 May 1979 to 28 November 1990, during which time she led a Conservative majority government. She was the first woman to hold that office. During her premiership, Thatcher moved to liberalise the British economy through deregulation, privatisation, and the promotion of entrepreneurialism. This article details the third Thatcher ministry which she led at the invitation of Queen Elizabeth II from 1987 to 1990. Election The Conservatives were elected for a third successive term in June 1987, with a majority of 102 seats. It enabled Margaret Thatcher to become the longest-serving prime minister of the 20th century, as Britain's economic recovery continued. Fate Then, on 1 November 1990, came the first of a series of events which would spell the end of Margaret Thatcher's years in power. Geoffrey Howe, the Deputy Prime Minister, long resentful of being ousted as Foreign Secretary, resigned from the cabinet over i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Simon Gourlay
Simon may refer to: People * Simon (given name), including a list of people and fictional characters with the given name Simon * Simon (surname), including a list of people with the surname Simon * Eugène Simon, French naturalist and the genus authority ''Simon'' * Tribe of Simeon, one of the twelve tribes of Israel Places * Şimon (), a village in Bran Commune, Braşov County, Romania * Șimon, a right tributary of the river Turcu in Romania Arts, entertainment, and media Films * ''Simon'' (1980 film), starring Alan Arkin * ''Simon'' (2004 film), Dutch drama directed by Eddy Terstall * ''Simón'' (2018 film), Venezuelan short film directed by Diego Vicentini * ''Simón'' (2023 film), Venezuelan feature film directed by Diego Vicentini Games * ''Simon'' (game), a popular computer game * Simon Says, children's game Literature * ''Simon'' (Sutcliff novel), a children's historical novel written by Rosemary Sutcliff * Simon (Sand novel), an 1835 novel by George Sand * ' ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Manifesto
A manifesto is a written declaration of the intentions, motives, or views of the issuer, be it an individual, group, political party, or government. A manifesto can accept a previously published opinion or public consensus, but many prominent manifestos—such as ''The Communist Manifesto'' (1848) and those of various artistic movements—reject accepted knowledge in favor of a new idea. Manifestos relating to religious belief are generally referred to as ''creeds'' or ''confessions of faith''. Etymology The Italian word , itself derived from the Latin , meaning "clear" or "conspicuous". Its first recorded use in English is from 1620, in Nathaniel Brent's translation of the Italian from Paolo Sarpi's ''History of the Council of Trent'': "To this citation he made answer by a Manifesto" (p. 102). Similarly, "They were so farre surprised with his Manifesto, that they would never suffer it to be published" (p. 103).''Oxford English Dictionary,'' s.v. “manifesto (n.) ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1979 United Kingdom General Election
The 1979 United Kingdom general election was held on Thursday 3 May 1979 to elect List of MPs elected in the 1979 United Kingdom general election, 635 members to the House of Commons of the United Kingdom, House of Commons. The election was held following the defeat of the Labour government in a no-confidence motion on 28 March 1979, six months before the Parliament was due for dissolution in October 1979. The Conservative Party (UK), Conservative Party, led by Margaret Thatcher, ousted the incumbent Labour Party (UK), Labour government of Prime Minister James Callaghan, gaining a parliamentary majority of 43 seats. The election was the first of four consecutive election victories for the Conservative Party, and Thatcher became the United Kingdom's and Europe's first elected female head of government, marking the beginning of 18 years in government for the Conservatives and 18 years in opposition for Labour. Unusually, the date chosen coincided with the 1979 United Kingdom loca ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Backbencher
In Westminster system, Westminster and other parliamentary systems, a backbencher is a member of parliament (MP) or a legislator who occupies no Minister (government), governmental office and is not a Frontbencher, frontbench spokesperson in the Parliamentary opposition, Opposition, being instead simply a member of the "wikt:rank and file, rank and file". The term dates from 1855. The term derives from the fact that they sit physically behind the frontbench in the House of Commons of the United Kingdom, House of Commons. A backbencher may be a new parliamentary member yet to receive a high office, a senior figure dropped from government, someone who for whatever reason is not chosen to sit in the government or an opposition spokesperson (such as a shadow cabinet if one exists), or someone who prefers to be a background influence, not in the spotlight. In most parliamentary systems, individual backbenchers have little power to affect government policy. However, they play a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
