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2008 G20 Washington Summit
The 2008 G20 Washington Summit on Financial Markets and the World Economy was the first meeting, held in Washington, D.C., United States. It achieved general agreement amongst the G20 on how to cooperate in key areas so as to strengthen economic growth, deal with the 2008 financial crisis, and lay the foundation for reform to avoid similar crises in the future. The Summit resulted from an initiative by the French and European Union President, Nicolas Sarkozy, Australian Prime Minister Kevin Rudd, and the British Prime Minister, Gordon Brown. In connection with the G7 finance ministers on October 11, 2008, United States President George W. Bush stated that the next meeting of the G20 would be important in finding solutions to the 2008 financial crisis. Since many economists and politicians called for a new Bretton Woods system (a monetary management which was instituted after World War II) to overhaul the world's financial structure, the meeting has sometimes been described ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
National Building Museum
The National Building Museum is a museum of architecture, design, engineering, construction, and urban planning in Northwest Washington, D.C., U.S. It was created by an act of Congress in 1980, and is a private non-profit institution. Located at 401 F Street NW, it is adjacent to the National Law Enforcement Officers Memorial and the Judiciary Square Metro station. The museum hosts various temporary exhibits in galleries around the spacious Great Hall. The building, completed in 1887, served as the Pension Building, housing the United States Pension Bureau, and hosted several presidential inaugural balls. It is centered around a high-columned interior central courtyard hall often used for various events. It is an important early large-scale example of Renaissance Revival architecture, and was designated a National Historic Landmark in 1985. Pension Building The National Building Museum is housed in the former Pension Bureau building, a brick structure completed in 1887 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Central Bank
A central bank, reserve bank, national bank, or monetary authority is an institution that manages the monetary policy of a country or monetary union. In contrast to a commercial bank, a central bank possesses a monopoly on increasing the monetary base. Many central banks also have supervisory or regulatory powers to ensure the stability of commercial banks in their jurisdiction, to prevent bank runs, and, in some cases, to enforce policies on financial consumer protection, and against bank fraud, money laundering, or terrorism financing. Central banks play a crucial role in macroeconomic forecasting, which is essential for guiding monetary policy decisions, especially during times of economic turbulence. Central banks in most developed nations are usually set up to be institutionally independent from political interference, even though governments typically have governance rights over them, legislative bodies exercise scrutiny, and central banks frequently do show resp ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lyndon LaRouche
Lyndon Hermyle LaRouche Jr. (September 8, 1922 – February 12, 2019) was an American political activist who founded the LaRouche movement and its main organization, the National Caucus of Labor Committees (NCLC). He was a prominent conspiracy theorist and perennial presidential candidate. He began in far-left politics in the 1940s and later supported the civil rights movement; however, in the 1970s, he moved to the far-right. His movement is sometimes described as, or likened to, a cult. Convicted of fraud, he served five years in prison from 1989 to 1994. Born in Rochester, New Hampshire, LaRouche was drawn to socialist and Marxist movements in his twenties during World War II. In the 1950s, while a Trotskyist, he was also a management consultant in New York City. By the 1960s, he became engaged in increasingly smaller and more radical splinter groups. During the 1970s, he created the foundation of the LaRouche movement and became more engaged in conspiratorial beliefs and vi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Corriere Della Sera
(; ) is an Italian daily newspaper published in Milan with an average circulation of 246,278 copies in May 2023. First published on 5 March 1876, is one of Italy's oldest newspapers and is Italy's most read newspaper. Its masthead has remained unchanged since its first edition in 1876. It reached a circulation of over 1 million under editor and co-owner Luigi Albertini between 1900 and 1925. He was a strong opponent of socialism, clericalism, and Giovanni Giolitti, who was willing to compromise with those forces during his time as prime minister of Italy. Albertini's opposition to the Italian fascist regime forced the other co-owners to oust him in 1925. A representative of the moderate bourgeoisie, has always been generally considered centre-right-leaning, hosting in its columns liberal and democratic Catholic views. In the 21st century, its main competitors are Rome's and Turin's . Until the late 1970s and early 1980s, when the country underwent a nationalization proc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Times
The ''Financial Times'' (''FT'') is a British daily newspaper printed in broadsheet and also published digitally that focuses on business and economic Current affairs (news format), current affairs. Based in London, the paper is owned by a Japanese holding company, Nikkei, Inc., Nikkei, with core editorial offices across Britain, the United States and continental Europe. In July 2015, Pearson plc, Pearson sold the publication to Nikkei for Pound sterling, £844 million (US$1.32 billion) after owning it since 1957. In 2019, it reported one million paying subscriptions, three-quarters of which were digital subscriptions. In 2023, it was reported to have 1.3 million subscribers of which 1.2 million were digital. The newspaper has a prominent focus on Business journalism, financial journalism and economic analysis rather than News media, generalist reporting, drawing both criticism and acclaim. It sponsors an Financial Times and McKinsey Business Book of the Year Award, annual book ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Forbes
''Forbes'' () is an American business magazine founded by B. C. Forbes in 1917. It has been owned by the Hong Kong–based investment group Integrated Whale Media Investments since 2014. Its chairman and editor-in-chief is Steve Forbes. The company is headquartered in Jersey City, New Jersey. Sherry Phillips is the current CEO of Forbes as of January 1, 2025. Published eight times per year, ''Forbes'' feature articles on finance, industry, investing, and marketing topics. It also reports on related subjects such as technology, communications, science, politics, and law. It has an international edition in Asia as well as editions produced under license in 27 countries and regions worldwide. The magazine is known for its lists and rankings, including its lists of the richest Americans (the Forbes 400, ''Forbes'' 400), of 30 notable people under the age of 30 (the Forbes 30 Under 30, ''Forbes'' 30 under 30), of America's wealthiest celebrities, of the world's top companies (the Fo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Giulio Tremonti
Giulio Tremonti (; born 18 August 1947) is an Italian politician. He served in the government of Italy as Minister of Economy and Finance under Prime Minister Silvio Berlusconi from 1994 to 1995, from 2001 to 2004, from 2005 to 2006, and from 2008 to 2011. Early life Tremonti was born in Sondrio, Northern Lombardy, in a family of Venetian and Campanian ancestry (his father was from Lorenzago di Cadore, in the Province of Belluno, and his mother from Benevento). He is a full professor of law at the University of Pavia, Italy, and has been a visiting professor at the Institute of Comparative Law, Oxford. His particular fields of interest are fiscal and tributary law, as well as fiscal policies. Political career Tremonti was the man who facilitated the dialogue between billionaire entrepreneur/politician Silvio Berlusconi and Umberto Bossi, leader of the federalist Northern League and a friend of Tremonti's, leading to the formation of the center-right coalition House of Freedo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Free Trade
Free trade is a trade policy that does not restrict imports or exports. In government, free trade is predominantly advocated by political parties that hold Economic liberalism, economically liberal positions, while economic nationalist political parties generally support protectionism, the opposite of free trade. Most nations are today members of the World Trade Organization multilateral trade agreements. States can unilaterally reduce regulations and duties on imports and exports, as well as form bilateral and multilateral free trade agreements. Free trade areas between groups of countries, such as the European Economic Area and the Mercosur open markets, establish a free trade zone among members while creating a protectionist barrier between that free trade area and the rest of the world. Most governments still impose some protectionist policies that are intended to support local employment, such as applying tariffs to imports or Subsidy, subsidies to exports. Governments may ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Globalization
Globalization is the process of increasing interdependence and integration among the economies, markets, societies, and cultures of different countries worldwide. This is made possible by the reduction of barriers to international trade, the liberalization of capital movements, the development of transportation, and the advancement of information and communication technologies. The term ''globalization'' first appeared in the early 20th century (supplanting an earlier French term ''mondialisation''). It developed its current meaning sometime in the second half of the 20th century, and came into popular use in the 1990s to describe the unprecedented international connectivity of the Post–Cold War era, post–Cold War world. The origins of globalization can be traced back to the 18th and 19th centuries, driven by advances in transportation and communication technologies. These developments increased global interactions, fostering the growth of international trade and the exc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Brad Setser
Brad W. Setser is an American economist. He is a former staff economist at the United States Department of the Treasury, worked at Roubini Global Economics Monitor as Director of Global Research where he co-authored the book "Bailouts or Bail-ins?" with Nouriel Roubini, as a fellow for international economics at the Council on Foreign Relations, for the United States National Economic Council as Director of International Economics, for the United States Department of the Treasury, and as Deputy Assistant Secretary for International Economic Analysis as senior fellow for international economics at the Council on Foreign Relations. Career After leaving the RGE in 2007, Setser became a fellow for international economics at the Council on Foreign Relations. In 2009, he took a position with the National Economic Council, as Director of International Economics. In 2011, he moved to the United States Department of the Treasury, where he was the Deputy Assistant Secretary for Interna ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nouriel Roubini
Nouriel Roubini (; born March 29, 1958) is a Turkish-born Iranian-American economic consultant, economist, speaker and writer. He is a professor emeritus since 2021 at the Stern School of Business of New York University. Roubini earned a BA in political economics at Bocconi University in Italy and a doctorate in international economics at Harvard University. He was an academic at Yale and a researcher/advisor researching emerging markets. In the 1990s, during the Bill Clinton administration, for one year he was a senior economist in the Council of Economic Advisers. Roubini is a frequent critic of Bitcoin and other cryptocurrencies. Early life Roubini was born in Istanbul, Turkey, to Iranian Orthodox Jewish parents.Loch Adamson (October 12, 2011)"How Nouriel Roubini Became a Research Brand" ''Institutional Investor''. His father was a rug dealer. When he was young, Roubini was expected to go into the rug business himself, and follow in his father's footsteps. When he was a yea ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Foreign Exchange Intervention
Currency intervention, also known as foreign exchange market intervention or currency manipulation, is a monetary policy operation. It occurs when a government or central bank buys or sells foreign currency in exchange for its own domestic currency, generally with the intention of influencing the exchange rate and trade policy. Policymakers may intervene in foreign exchange markets in order to advance a variety of economic objectives: controlling inflation, maintaining competitiveness, or maintaining financial stability. The precise objectives are likely to depend on the stage of a country's development, the degree of financial market development and international integration, and the country's overall vulnerability to shocks, among other factors. The most complete type of currency intervention is the imposition of a fixed exchange rate with respect to some other currency or to a weighted average of some other currencies. Purposes There are many reasons a country's monetary an ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
