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2009 Fijian Constitutional Crisis
The Fijian constitutional crisis of 2009 began on Friday, 10 April 2009. Fijian President Ratu Josefa Iloilo announced on a nationwide radio broadcast that he was abrogating the Constitution of Fiji. He dismissed all judges and constitutional appointees and assumed all governance in the country after the Court of Appeal ruled that the government of Prime Minister Frank Bainimarama was illegal. Iloilo reinstalled Bainimarama as PM and his Cabinet members to their positions. He also instituted emergency rule which increased police powers and allowed media censorship. Background On Thursday, 9 April 2009, the Court of Appeal, the second highest in Fiji, issued a ruling stating the illegality of the 2006 Fijian coup d'état, which removed the government of Laisenia Qarase from power, replacing it with military rule. The court also called the interim government established in January 2007 "invalid." The ruling legally dissolved the current parliament. The Court of Appeals order ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fiji
Fiji ( , ,; fj, Viti, ; Fiji Hindi: फ़िजी, ''Fijī''), officially the Republic of Fiji, is an island country in Melanesia, part of Oceania in the South Pacific Ocean. It lies about north-northeast of New Zealand. Fiji consists of an archipelago of more than 330 islands—of which about 110 are permanently inhabited—and more than 500 islets, amounting to a total land area of about . The most outlying island group is Ono-i-Lau. About 87% of the total population of live on the two major islands, Viti Levu and Vanua Levu. About three-quarters of Fijians live on Viti Levu's coasts: either in the capital city of Suva; or in smaller urban centres such as Nadi—where tourism is the major local industry; or in Lautoka, where the Sugarcane, sugar-cane industry is dominant. The interior of Viti Levu is sparsely inhabited because of its terrain. The majority of Fiji's islands were formed by Volcano, volcanic activity starting around 150 million years ago. Some geo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Magistrate
The term magistrate is used in a variety of systems of governments and laws to refer to a civilian officer who administers the law. In ancient Rome, a '' magistratus'' was one of the highest ranking government officers, and possessed both judicial and executive powers. In other parts of the world, such as China, a magistrate was responsible for administration over a particular geographic area. Today, in some jurisdictions, a magistrate is a judicial officer who hears cases in a lower court, and typically deals with more minor or preliminary matters. In other jurisdictions (e.g., England and Wales), magistrates are typically trained volunteers appointed to deal with criminal and civil matters in their local areas. Original meaning In ancient Rome, the word '' magistratus'' referred to one of the highest offices of state. Analogous offices in the local authorities, such as ''municipium'', were subordinate only to the legislature of which they generally were members, '' ex officio'' ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Moody's
Moody's Investors Service, often referred to as Moody's, is the bond credit rating business of Moody's Corporation, representing the company's traditional line of business and its historical name. Moody's Investors Service provides international financial research on bonds issued by commercial and government entities. Moody's, along with Standard & Poor's and Fitch Group, is considered one of the Big Three credit rating agencies. It is also included in the Fortune 500 list of 2021. The company ranks the creditworthiness of borrowers using a standardized ratings scale which measures expected investor loss in the event of default. Moody's Investors Service rates debt securities in several bond market segments. These include government, municipal and corporate bonds; managed investments such as money market funds and fixed-income funds; financial institutions including banks and non-bank finance companies; and asset classes in structured finance. In Moody's Investors Service' ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Microlending
:''This article is specific to small loans, often provided in a pooled manner. For direct payments to individuals for specific projects, see Micropatronage. For financial services to the poor, see Microfinance. For small payments, see Micropayment.'' Microcredit is the extension of very small loans (microloans) to impoverished borrowers who typically lack collateral, steady employment, or a verifiable credit history. It is designed to support entrepreneurship and alleviate poverty. Many recipients are illiterate, and therefore unable to complete paperwork required to get conventional loans. As of 2009 an estimated 74 million people held microloans that totaled US$38 billion. Grameen Bank reports that repayment success rates are between 95 and 98 percent. Microcredit is part of microfinance, which provides a wider range of financial services, especially savings accounts, to the poor. Modern microcredit is generally considered to have originated with the Grameen Bank founded in Ba ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Balance Of Trade
The balance of trade, commercial balance, or net exports (sometimes symbolized as NX), is the difference between the monetary value of a nation's exports and imports over a certain time period. Sometimes a distinction is made between a balance of trade for goods versus one for services. The balance of trade measures a flow of exports and imports over a given period of time. The notion of the balance of trade does not mean that exports and imports are "in balance" with each other. If a country exports a greater value than it imports, it has a trade surplus or positive trade balance, and conversely, if a country imports a greater value than it exports, it has a trade deficit or negative trade balance. As of 2016, about 60 out of 200 countries have a trade surplus. The notion that bilateral trade deficits are bad in and of themselves is overwhelmingly rejected by trade experts and economists. Explanation The balance of trade forms part of the current account, which includes ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Credit Rating
A credit rating is an evaluation of the credit risk of a prospective debtor (an individual, a business, company or a government), predicting their ability to pay back the debt, and an implicit forecast of the likelihood of the debtor defaulting. The credit rating represents an evaluation of a credit rating agency of the qualitative and quantitative information for the prospective debtor, including information provided by the prospective debtor and other non-public information obtained by the credit rating agency's analysts. Credit reporting (or credit score) – is a subset of credit rating – it is a numeric evaluation of an ''individual's'' credit worthiness, which is done by a credit bureau or consumer credit reporting agency. Sovereign credit ratings A sovereign credit rating is the credit rating of a sovereign entity, such as a national government. The sovereign credit rating indicates the risk level of the investing environment of a country and is used by investors whe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Standard And Poor's
S&P Global Ratings (previously Standard & Poor's and informally known as S&P) is an American credit rating agency (CRA) and a division of S&P Global that publishes financial research and analysis on stocks, bonds, and commodities. S&P is considered the largest of the Big Three credit-rating agencies, which also include Moody's Investors Service and Fitch Ratings. Its head office is located on 55 Water Street in Lower Manhattan, New York City. History The company traces its history back to 1860, with the publication by Henry Varnum Poor of ''History of Railroads and Canals in the United States''. This book compiled comprehensive information about the financial and operational state of U.S. railroad companies. In 1868, Henry Varnum Poor established H.V. and H.W. Poor Co. with his son, Henry William Poor, and published two annually updated hardback guidebooks, ''Poor's Manual of the Railroads of the United States'' and ''Poor's Directory of Railway Officials''. In 1906, Luther ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Crisis Of 2007–2008
Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of financial economics bridges the two). Finance activities take place in financial systems at various scopes, thus the field can be roughly divided into personal, corporate, and public finance. In a financial system, assets are bought, sold, or traded as financial instruments, such as currencies, loans, bonds, shares, stocks, options, futures, etc. Assets can also be banked, invested, and insured to maximize value and minimize loss. In practice, risks are always present in any financial action and entities. A broad range of subfields within finance exist due to its wide scope. Asset, money, risk and investment management aim to maximize value and minimize volatility. Financial analysis is viability, stability, and profitability a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Epeli Nailatikau
Brigadier-General Ratu Epeli Nailatikau, (born 5 July 1941) (often referred to as ''Na Turaga Mai Naisogolaca'') is a Fijian chief who was President of Fiji from 2009 to 2015. He has had a long career in the Military, diplomatic service, and government. From 2001 to 2006 he served as Speaker of the House of Representatives – the lower and more powerful chamber of the Fijian Parliament. He was also the chairman of the Parliamentary Appropriations Committee and of the House Committee. On 8 January 2007, he was appointed the interim Minister for Foreign Affairs and External Trade; he was moved to the post of interim Minister for Provincial Development and Multi-Ethnic Affairs in September 2008. In October 2008, he became Indigenous Affairs Minister "and effectively Great Council of Chiefs chairman". On 17 April 2009, he was appointed Vice-President by the military government. On 30 July 2009, he became acting president after the retirement of President Josefa Iloilo. [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Brigadier-General
Brigadier general or Brigade general is a military rank used in many countries. It is the lowest ranking general officer in some countries. The rank is usually above a colonel, and below a major general or divisional general. When appointed to a field command, a brigadier general is typically in command of a brigade consisting of around 4,000 troops (four battalions). Variants Brigadier general Brigadier general (Brig. Gen.) is a military rank used in many countries. It is the lowest ranking general officer in some countries, usually sitting between the ranks of colonel and major general. When appointed to a field command, a brigadier general is typically in command of a brigade consisting of around 4,000 troops (four battalions). In some countries, this rank is given the name of ''brigadier'', which is usually equivalent to ''brigadier general'' in the armies of nations that use the rank. The rank can be traced back to the militaries of Europe where a "brigadier general ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Radio New Zealand International
RNZ Pacific or Radio New Zealand Pacific, sometimes abbreviated to RNZP, is a division of Radio New Zealand and the official international broadcasting station of New Zealand. It broadcasts a variety of news, current affairs and sports programmes in English and news in seven Pacific languages. The station's mission statement requires it to promote and reflect New Zealand in the Pacific, and better relations between New Zealand and Pacific countries. As the only shortwave radio station in New Zealand, RNZ Pacific broadcasts to several island nations. It has studios in Radio New Zealand House, Wellington and a transmitter at Rangitaiki in the middle of the North Island. Its broadcasts cover from East Timor in the west across to French Polynesia in the east, covering all South Pacific countries in between. The station targets Micronesia, Papua New Guinea, Fiji, Samoa, the Cook Islands, Solomon Islands, Vanuatu and Tonga during a 24-hour rotation. The signal can also be heard in Ea ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
One News (New Zealand)
''1 News'' (stylised as ''1News'') is the news division of New Zealand television network TVNZ. The service is broadcast live from TVNZ Centre in Auckland. The flagship news bulletin is the nightly 6 pm news hour, but ''1 News'' also has midday and late night news bulletins, as well as current affairs shows such as ''Breakfast'' and ''Seven Sharp''. The 6 pm programme is New Zealand's most-watched news programme. As of July 2008, it has a market share of 44% (651,400+ each night). TVNZ's Executive Editor, News and Current Affairs (formerly known as Head of News and Current Affairs) is Phil O'Sullivan. O'Sullivan had previously been in the role in an acting capacity since June 2022. His predecessors include John Gillespie who departed TVNZ in 2020, and Paul Yurisich who was appointed to the role of Head of News and Current Affairs until he resigned from TVNZ in 2022 after a review into the hiring of former Al Jazeera presenter Kamahl Santamaria. ''1 News'' was awa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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