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Central Bank Of Nicaragua
The Central Bank of Nicaragua ( es, Banco Central de Nicaragua) is the central bank of Nicaragua. History The bank was established in 1960 and commenced operations on 1 January 1961. Presidents * Francisco Laínez Matamoros, January 1961 - May 1968 * Gustavo A. Guerrero, May 1968 - June 1969 * Roberto Incer Barquero, August 1969 - July 1979 * Arturo Cruz Porras, July 1979 - May 1980 * Alfredo Alaniz Downing, May 1980 - June 1981 *Alfredo César Aguirre, June 1981 - May 1982 * Luis Enrique Figueroa, May 1982 - August 1985 * Joaquín Cuadra Chamorro, August 1985 - April 1990 *Francisco Mayorga, April 1990 - October 1990 * Raúl Lacayo Solórzano, October 1990 - January 1992 * Silvio De Franco Montalván, January 1992 - September 1992 * José Evenor Taboada, October 1992 - January 1997 *Noel Ramírez Sánchez, January 1997 - January 2002 *Mario Alonso Icabalceta, January 2002 - May 2006 *Mario Arana Sevilla, May 2006 - January 2007 *Antenor Rosales Bolaños, January 2007 - Februa ... [...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] |
Francisco Mayorga
Francisco Mayorga (Born in 1949 in León, Nicaragua) is a Nicaraguan economist and writer who specializes in international finance and economic development. For twenty years he taught managerial economics and corporate finance at INCAE, the leading Latin American graduate business school. In the eighties he served for five years in the board of directors of the Central American Bank (''CABEI''), the largest financial institution of the region. In the eighties, Mayorga also worked for the cause of peace in Central America, acting as Executive Secretary of the International Commission for Central American Recovery and Development (the ''Sanford Commission''). Under the presidency of Violeta Chamorro he served as president of the Central Bank of Nicaragua in 1990, where he launched the monetary reform based on the Cordoba Oro that brought to an end the highest hyperinflation in Latin America. In 1995 he founded Banco del Café de Nicaragua, serving as its President and CEO until th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1960 Establishments In Nicaragua
Year 196 ( CXCVI) was a leap year starting on Thursday (link will display the full calendar) of the Julian calendar. At the time, it was known as the Year of the Consulship of Dexter and Messalla (or, less frequently, year 949 ''Ab urbe condita''). The denomination 196 for this year has been used since the early medieval period, when the Anno Domini calendar era became the prevalent method in Europe for naming years. Events By place Roman Empire * Emperor Septimius Severus attempts to assassinate Clodius Albinus but fails, causing Albinus to retaliate militarily. * Emperor Septimius Severus captures and sacks Byzantium; the city is rebuilt and regains its previous prosperity. * In order to assure the support of the Roman legion in Germany on his march to Rome, Clodius Albinus is declared Augustus by his army while crossing Gaul. * Hadrian's wall in Britain is partially destroyed. China * First year of the '' Jian'an era of the Chinese Han Dynasty. * Emperor Xian of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banks Of Nicaragua
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the anc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Central Banks
A central bank, reserve bank, or monetary authority is an institution that manages the currency and monetary policy of a country or monetary union, and oversees their commercial banking system. In contrast to a commercial bank, a central bank possesses a monopoly on increasing the monetary base. Most central banks also have supervisory and regulatory powers to ensure the stability of member institutions, to prevent bank runs, and to discourage reckless or fraudulent behavior by member banks. Central banks in most developed nations are institutionally independent from political interference. Still, limited control by the executive and legislative bodies exists. Activities of central banks Functions of a central bank usually include: * Monetary policy: by setting the official interest rate and controlling the money supply; *Financial stability: acting as a government's banker and as the bankers' bank ("lender of last resort"); * Reserve management: managing a country's ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economy Of Nicaragua
The economy of Nicaragua is focused primarily on the agricultural sector. Nicaragua itself is the least developed country in Central America, and the second poorest in the Americas by nominal GDP. In recent years, under the administrations of Daniel Ortega, the Nicaraguan economy has expanded somewhat, following the Great Recession, when the country's economy actually contracted by 1.5%, due to decreased export demand in the American and Central American markets, lower commodity prices for key agricultural exports, and low remittance growth. The economy saw 4.5% growth in 2010 thanks to a recovery in export demand and growth in its tourism industry. Nicaragua's economy continues to post growth, with preliminary indicators showing the Nicaraguan economy growing an additional 5% in 2011. Consumer Price inflation have also curtailed since 2008, when Nicaragua's inflation rate hovered at 19.82%.http://www.indexmundi.com/nicaragua/inflation_rate_(consumer_prices).html Nicaragua Infla ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banking In Nicaragua
Banking in Nicaragua, prior to 1978, consisted of the Central Bank of Nicaragua and several domestic- and foreign-owned commercial banks. One of the first acts of the Sandinista government in 1979 was to nationalize the country’s banking system, in an "attempt to promote community banking and support the rural poor". Foreign banks were allowed to continue their operations but could no longer accept local deposits. Private banks in Nicaragua were by law abolished in the 1980s and cooperatives were considered too politicized and dependent on subsidies. In 1985, a new degree loosened state control of the banking system by allowing the establishment of privately owned local exchange houses. History In 1990, the National Assembly passed legislation permitting private banks to resume operations. In 1991 a legislation allowed the establishment of the first private banks in the country, however only large industries and agribusiness producers of non-traditional crops for export qualifi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Alberto Guevara Obregón
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), Braz ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Antenor Rosales Bolaños
__NOTOC__ Antenor ( grc-gre, Ἀντήνωρ, ''Antḗnōr''; BC) was an Athenian sculptor. He is recorded as the creator of the joint statues of the tyrannicides Harmodius and Aristogeiton funded by the Athenians on the expulsion of Hippias. These statues were carried away to Susa by Xerxes I of Persia during the Greco-Persian Wars. Archaeologists have also established that a basis signed by "Antenor son of Eumares" belonged to a set of female figures in an archaic style which were displayed in the acropolis. The sculptor of the ''Harmodius and Aristogeiton'' is usually listed as the son of Euphranor. See also *Harmodius and Aristogeiton * Harmodius and Aristogeiton in sculpture * Antenor Kore * Severe style *Ancient Greek sculpture The sculpture of ancient Greece is the main surviving type of fine ancient Greek art as, with the exception of painted ancient Greek pottery, almost no ancient Greek painting survives. Modern scholarship identifies three major stag ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mario Arana Sevilla
is a character (arts), character created by Japanese video game designer Shigeru Miyamoto. He is the title character of the ''Mario (franchise), Mario'' franchise and the mascot of Japanese video game company Nintendo. Mario has appeared in List of video games featuring Mario, over 200 video games since his creation. Depicted as a short, pudgy, Italians, Italian plumber who resides in the Mushroom Kingdom, his adventures generally center on rescuing Princess Peach from the Koopa Troopa, Koopa villain Bowser. Mario has access to a variety of power-ups that give him different abilities. Mario's Twin, fraternal twin brother is Luigi. Mario first appeared as the player character of ''Donkey Kong (video game), Donkey Kong'' (1981), a platform game. Miyamoto wanted to use Popeye as the protagonist, but when he could not achieve the licensing rights, he created Mario instead. Miyamoto expected the character to be unpopular and planned to use him for cameo appearances; originally cal ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mario Alonso Icabalceta
is a character created by Japanese video game designer Shigeru Miyamoto. He is the title character of the ''Mario'' franchise and the mascot of Japanese video game company Nintendo. Mario has appeared in over 200 video games since his creation. Depicted as a short, pudgy, Italian plumber who resides in the Mushroom Kingdom, his adventures generally center on rescuing Princess Peach from the Koopa villain Bowser. Mario has access to a variety of power-ups that give him different abilities. Mario's fraternal twin brother is Luigi. Mario first appeared as the player character of ''Donkey Kong'' (1981), a platform game. Miyamoto wanted to use Popeye as the protagonist, but when he could not achieve the licensing rights, he created Mario instead. Miyamoto expected the character to be unpopular and planned to use him for cameo appearances; originally called "Mr. Video", he was renamed to Mario after Mario Segale. Mario's clothing and characteristics were themed after the settin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Noel Ramírez Sánchez
Noel or Noël may refer to: Christmas * , French for Christmas * Noel is another name for a Christmas carol Places *Noel, Missouri, United States, a city *Noel, Nova Scotia, Canada, a community *1563 Noël, an asteroid *Mount Noel, British Columbia, Canada People *Noel (given name) *Noel (surname) Arts, entertainment, and media Music *Noel, another term for a pastorale of a Christmas nature * ''Noël'' (Joan Baez album), 1966 * ''Noël'' (Josh Groban album), 2007 * ''Noel'' (Noel Pagan album), 1988 * ''Noël'' (The Priests album), 2010 * ''Noel'' (Phil Vassar album), 2011 * ''Noel'' (Josh Wilson album), 2012 *''Noel'', 2015 Christmas album by Detail *"The First Noel", a traditional English Christmas carol *Noël (singer) (active late 1970s), American disco singer *Noel (band), a South Korean group Television * ''Noel'' (TV series), a Philippine drama * "Noël" (''The West Wing''), a 2000 television episode Other uses in arts, entertainment, and media * ''Noel'' ( ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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