Run On The Pound
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Run On The Pound
Sterling crisis may refer to: * 1931 sterling crisis, emergency measures during the Great Depression * 1949 sterling crisis, devaluation * 1967 sterling crisis, devaluation * 1976 sterling crisis, IMF loan * 1992 sterling crisis ("Black Wednesday"), depreciation See also * Currency crisis A currency crisis is a type of financial crisis, and is often associated with a real economic crisis. A currency crisis raises the probability of a banking crisis or a default crisis. During a currency crisis the value of foreign denominated deb ... {{disambiguation Balance of payments Financial crises Economic history of the United Kingdom ...
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1931 Sterling Crisis
Events January * January 2 – South Dakota native Ernest Lawrence invents the cyclotron, used to accelerate particles to study nuclear physics. * January 4 – German pilot Elly Beinhorn begins her flight to Africa. * January 22 – Sir Isaac Isaacs is sworn in as the first Australian-born Governor-General of Australia. * January 25 – Mohandas Gandhi is again released from imprisonment in India. * January 27 – Pierre Laval forms a government in France. * January 30 – Charlie Chaplin comedy drama film ''City Lights'' receives its public premiere at the Los Angeles Theater with Albert Einstein as guest of honor. Contrary to the current trend in cinema, it is a silent film, but with a score by Chaplin. Critically and commercially successful from the start, it will place consistently in lists of films considered the best of all time. February * February 4 – Soviet leader Joseph Stalin gives a speech calling for rapid industrialization, arguing that only strong indus ...
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