"German politics seem to have become a train crash in slow motion. The German government has just entered a new stage of a slow burning political crisis that could be the last step before the eventual collapse of the governing coalition," Carsten Brzeski, global head of macro at ...
Silicon Valley Bank (SVB) collapsed and was then seized by the California Department of Financial Protection on Friday, March 10. This came after a frenetic two days, when the bank announced a big loss, tried to raise capital, and then faced an accelerating run-on-the-bank. Customers tried...
was not always positive. As in Germany and Italy the revolution seemed different from other places. The German revolutionaries learnt from the failure of unification by the people- because of lacking military force- that the unification of German states was impossible to achieve through the “below...
At end of that episode the kid (i.e. 'Beaver') admitted that he gave the man money, saying:"I knew he was lying, but it was a good story". THAT sent the older brother off, shaking his head, trying to wrap his head around the concept.If it's entertainment, partially, let the ...
②The Protestant majority fought against it by strike, leading to the collapse of it. ③This parliament was suspended and replaced by ―direct-rule‖ from London. ①1973 年英国政府和爱尔兰政府达成一致,推出奉行权利分享机制的北爱尔兰议会,给天主教徒政治上的发言权。②这一机制遭到新教徒的强烈反对,...
Both leaders came to power promising relief from the chaos that followed the collapse of the Soviet Union. Mr Putin offered his citizens a deal: stay out of politics and you will get order and better wages. Mr Lukashenko promised Soviet-style continuity. Mr Putin was lucky that oil prices ...
by making peripheral Europeans feel richer than ever, ignited a consumption boom. Germany’s domestic demand deficiency, in other words, was matched by excessive demand in peripheral Europe, but this could go on only as long as the asset boom continued on the back of rising debt. Once it en...
“First world,” a term developed during the Cold War in the 1950s, originally referred to a country that was aligned with the United States and other Western nations in opposition to what was then the Soviet Union and its allies. Since the collapse of the Soviet Union in 1991, the term...
The EMS was created in response to the collapse of theBretton Woods Agreement. Formed in the aftermath of World War II (WWII), the Bretton Woods Agreement established an adjustablefixed foreign exchange rateto stabilize economies and consolidate global financial power among the Western Allied nations...
Understanding the Marshall Plan The Marshall Plan gave more than $13 billion in aid to European nations—including its World War II enemies, Germany and Italy—and wascrucial in revitalizing their post-war economies. By the time U.S. funding ended, in 1951, the economies of all the European...