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Bank Of Mexico
The Bank of Mexico ( es, Banco de México), abbreviated ''BdeM'' or ''Banxico,'' is Mexico's central bank, monetary authority and lender of last resort. The Bank of Mexico is autonomous in exercising its functions, and its main objective is to achieve stability in the purchasing power of the national currency. History Background Plans for a national bank of Mexico began as early as the Mexican Empire of Agustín de Iturbide with his idea of a ''Gran Banco del Imperio Mexicano'' (Grand Bank of the Mexican Empire). This idea was never pursued, instead, credit was generally issued by religious orders or trading guilds. In 1827 Mexico defaulted on a loan from British lenders which made it difficult to find foreign capital and it was forced to rely on local lenders as it had no national bank to lend to it. Instead the government was forced to rely on domestic lenders known as agiotistas (speculators) who specialized in short-term, high-interest loans. The first bank organized by t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
State Ownership
State ownership, also called government ownership and public ownership, is the ownership of an industry, asset, or enterprise by the state or a public body representing a community, as opposed to an individual or private party. Public ownership specifically refers to industries selling goods and services to consumers and differs from public goods and government services financed out of a government's general budget. Public ownership can take place at the national, regional, local, or municipal levels of government; or can refer to non-governmental public ownership vested in autonomous public enterprises. Public ownership is one of the three major forms of property ownership, differentiated from private, collective/cooperative, and common ownership. In market-based economies, state-owned assets are often managed and operated as joint-stock corporations with a government owning all or a controlling stake of the company's shares. This form is often referred to as a state-owne ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Porfirio Díaz
José de la Cruz Porfirio Díaz Mori ( or ; ; 15 September 1830 – 2 July 1915), known as Porfirio Díaz, was a Mexican general and politician who served seven terms as President of Mexico, a total of 31 years, from 28 November 1876 to 6 December 1876, 17 February 1877 to 1 December 1880 and from 1 December 1884 to 25 May 1911. The entire period from 1876 to 1911 is often referred to as Porfiriato and has been characterized as a ''de facto'' dictatorship. A veteran of the War of the Reform (1858–1860) and the French intervention in Mexico (1862–1867), Díaz rose to the rank of general, leading republican troops against the French-backed rule of Maximilian I. He subsequently revolted against presidents Benito Juárez and Sebastián Lerdo de Tejada on the principle of no re-election. Díaz succeeded in seizing power, ousting Lerdo in a coup in 1876, with the help of his political supporters, and was elected in 1877. In 1880, he stepped down and his political ally Manuel ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Alberto J
Alberto is the Romance version of the Latinized form (''Albertus'') of Germanic ''Albert''. It is used in Italian, Portuguese and Spanish. The diminutive forms are ''Albertito'' in Spain or ''Albertico'' in some parts of Latin America, Albertino in Italian as well as ''Tuco'' as a hypocorism. It derives from the name Adalberto which in turn derives from '' Athala'' (meaning noble) and ''Berth'' (meaning bright). People * Alberto Aguilar Leiva (born 1984), Spanish footballer * Alberto Airola (born 1970), Italian politician * Alberto Ascari (1918–1955), Italian racing driver * Alberto Baldonado (born 1993), Panamanian baseball player * Alberto Bello (1897–1963), Argentine actor * Alberto Beneduce (1877–1944), Italian scientist and economist * Alberto Bustani Adem (born 1954), Mexican engineer * Alberto Callaspo (born 1983,) baseball player * Alberto Campbell-Staines (born 1993), Australian athlete with an intellectual disability * Alberto Cavalcanti (1897–1982), Brazil ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Finance Minister
A finance minister is an executive or cabinet position in charge of one or more of government finances, economic policy and financial regulation. A finance minister's portfolio has a large variety of names around the world, such as "treasury", "finance", "financial affairs", "economy" or "economic affairs". The position of the finance minister might be named for this portfolio, but it may also have some other name, like "Treasurer" or, in the United Kingdom, " Chancellor of the Exchequer". The duties of a finance minister differ between countries. Typically, they encompass one or more of government finance, fiscal policy, and financial regulation, but there are significant differences between countries: * in some countries the finance minister might also have oversight of monetary policy (while in other countries that is the responsibility of an independent central bank); * in some countries the finance minister might be assisted by one or more other ministers (some supported ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Constitution Of Mexico
The Constitution of Mexico, formally the Political Constitution of the United Mexican States ( es, Constitución Política de los Estados Unidos Mexicanos), is the current constitution of Mexico. It was drafted in Santiago de Querétaro, in the State of Querétaro, by a constituent convention, during the Mexican Revolution. It was approved by the Constituent Congress on 5 February 1917. It is the successor to the Constitution of 1857, and earlier Mexican constitutions. "The Constitution of 1917 is the legal triumph of the Mexican Revolution. To some it is the revolution." The current Constitution of 1917 is the first such document in the world to set out social rights, serving as a model for the Weimar Constitution of 1919 and the Russian Soviet Federative Socialist Republic Constitution of 1918. Some of the most important provisions are Articles 3, 27, and 123; adopted in response to the armed insurrection of popular classes during the Mexican Revolution, these articles ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Álvaro Obregón
Álvaro Obregón Salido (; 17 February 1880 – 17 July 1928) better known as Álvaro Obregón was a Sonoran-born general in the Mexican Revolution. A pragmatic centrist, natural soldier, and able politician, he became the 46th President of Mexico from 1920 to 1924 and was assassinated in 1928 as President-elect. In the popular image of the Revolution, "Alvaro Obregón stood out as the organizer, the peacemaker, the unifier." A widower with small children and successful farmer, he did not join the Revolution until after the Ten Tragic Days, February 1913 coup d'état against Francisco I. Madero that brought General Victoriano Huerta to the presidency. Obregón supported Sonora's decision to follow Governor of Coahuila Venustiano Carranza as leader of the northern revolutionary coalition, the Constitutional Army, Constitutionalist Army, against the Huerta regime. An untrained soldier but natural leader, Obregón rose quickly in the ranks and became the Constitutionalist Army's b ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Venustiano Carranza
José Venustiano Carranza de la Garza (; 29 December 1859 – 21 May 1920) was a Mexican wealthy land owner and politician who was Governor of Coahuila when the constitutionally elected president Francisco I. Madero was overthrown in a February 1913 right-wing military coup. Known as the ''Primer Jefe'' or "First Chief" of the Constitutionalist faction in the Mexican Revolution, Carranza was a shrewd civilian politician. He supported Madero's challenge to the Díaz regime in the 1910 elections, but became a critic of Madero once Díaz was overthrown in May 1911. Madero did appoint him the governor of Coahuila. When Madero was murdered during the February 1913 counter-revolutionary coup, Carranza drew up the Plan of Guadalupe, a purely political plan to oust Madero's usurper, General Victoriano Huerta. As a sitting governor when Madero was overthrown, Carranza held legitimate power and he became the leader of the northern coalition opposed to Huerta. The Constitutionalist facti ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Victoriano Huerta
José Victoriano Huerta Márquez (; 22 December 1854 – 13 January 1916) was a general in the Mexican Federal Army and 39th President of Mexico, who came to power by coup against the democratically elected government of Francisco I. Madero with the aid of other Mexican generals and the U.S. Ambassador to Mexico. His violent seizure of power set off a new wave of armed conflict in the Mexican Revolution. After a military career under President Porfirio Díaz and Interim President Francisco León de la Barra, Huerta became a high-ranking officer during the presidency of Madero during the first phase of the Mexican Revolution (1911–13). In February 1913 Huerta joined a conspiracy against Madero, who entrusted him to control a revolt in Mexico City. The Ten Tragic Days – actually fifteen days – saw the forced resignation of Madero and his vice president and their murders. The coup was backed by the nascent German Empire as well as the United States under the Taft administrati ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Francisco I
Francisco is the Spanish and Portuguese form of the masculine given name ''Franciscus''. Nicknames In Spanish, people with the name Francisco are sometimes nicknamed "Paco". San Francisco de Asís was known as ''Pater Comunitatis'' (father of the community) when he founded the Franciscan order, and "Paco" is a short form of ''Pater Comunitatis''. In areas of Spain where Basque is spoken, "Patxi" is the most common nickname; in the Catalan areas, "Cesc" (short for Francesc) is often used. In Spanish Latin America and in the Philippines, people with the name Francisco are frequently called "Pancho". " Kiko" is also used as a nickname, and "Chicho" is another possibility. In Portuguese, people named Francisco are commonly nicknamed " Chico" (''shíco''). This is also a less-common nickname for Francisco in Spanish. People with the given name * Pope Francis is rendered in the Spanish and Portuguese languages as Papa Francisco * Francisco Acebal (1866–1933), Spanish writer and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mexican Revolution
The Mexican Revolution ( es, Revolución Mexicana) was an extended sequence of armed regional conflicts in Mexico from approximately 1910 to 1920. It has been called "the defining event of modern Mexican history". It resulted in the destruction of the Federal Army and its replacement by a revolutionary army, and the transformation of Mexican culture and Federal government of Mexico, government. The northern Constitutionalists in the Mexican Revolution, Constitutionalist faction prevailed on the battlefield and drafted the present-day Constitution of Mexico, which aimed to create a strong central government. Revolutionary generals held power from 1920 to 1940. The revolutionary conflict was primarily a civil war, but foreign powers, having important economic and strategic interests in Mexico, figured in the outcome of Mexico's power struggles. The United States involvement in the Mexican Revolution, United States played an especially significant role. Although the decades-long r ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Porfiriato
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Panic Of 1907
The Panic of 1907, also known as the 1907 Bankers' Panic or Knickerbocker Crisis, was a financial crisis that took place in the United States over a three-week period starting in mid-October, when the New York Stock Exchange fell almost 50% from its peak the previous year. The panic occurred during a time of economic recession, and there were numerous runs on banks and on trust companies. The 1907 panic eventually spread throughout the nation when many state and local banks and businesses entered bankruptcy. The primary causes of the run included a retraction of market liquidity by a number of New York City banks and a loss of confidence among depositors, exacerbated by unregulated side bets at bucket shops. The panic was triggered by the failed attempt in October 1907 to corner the market on stock of the United Copper Company. When that bid failed, banks that had lent money to the cornering scheme suffered runs that later spread to affiliated banks and trusts, leading a week ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
