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Central Bank Of Guatemala
The Bank of Guatemala ( es, Banco de Guatemala) is the central bank of Guatemala. It was established in 1945. It is one of the most recognized Brutalist themed architectural structures. Designed by architects José Montes Córdova and Raúl Minondo, the iconic bank stands within the heart of the city's civic center. In collaboration with Guatemalan artists Dagoberto Vásquez Castañeda and Roberto González Goyri, the design highlights its Mayan heritage through the decorative East and West facing façades. Standing at 40 meters high, the concrete structure, in its materiality, reflects the Brutalist movement and its emphasis on a utilitarian design approach, but also slightly combats the movement due to the unique details of its façade. The beautiful design expresses an ornate subtlety which pays homage to the artistic importance Guatemalan culture has had on its urban landscape. Governance Sergio Francisco Recinos Rivera has been President of the bank since October 2018. F ... [...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] |
Guatemala City
Guatemala City ( es, Ciudad de Guatemala), known locally as Guatemala or Guate, is the capital and largest city of Guatemala, and the most populous urban area in Central America. The city is located in the south-central part of the country, nestled in a mountain valley called Valle de la Ermita ( en, Hermitage Valley). The city is the capital of the Municipality of Guatemala and of the Guatemala Department. Guatemala City is the site of the Mayan city of Kaminaljuyu, founded around 1500 BC. Following the Spanish conquest, a new town was established, and in 1776 it was made capital of the Kingdom of Guatemala. In 1821, Guatemala City was the scene of the declaration of independence of Central America from Spain, after which it became the capital of the newly established United Provinces of Central America (later the Federal Republic of Central America). In 1847, Guatemala declared itself an independent republic, with Guatemala City as its capital. The city was originally located ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Guatemala Department
Guatemala Department is one of the 22 departments of Guatemala. The capital is Guatemala City, which also serves as the national capital. The department consists of Guatemala City and several of its suburbs. The department covers a surface area of , and had a population of 3,015,081 at the 2018 census. Municipalities # Amatitlán # Chinautla # Chuarrancho # Fraijanes # Guatemala City # Mixco # Palencia # San José del Golfo # San José Pinula # San Juan Sacatepéquez # San Miguel Petapa # San Pedro Ayampuc # San Pedro Sacatepéquez # San Raymundo # Santa Catarina Pinula # Villa Canales Villa Canales is a city and municipality in the Guatemala department of Guatemala, situated 22 km south of the capital Guatemala City. As of the 2018 census, the city had a population of 124,680, [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sergio Francisco Recinos Rivera
{{disambiguation ...
Sergio may refer to: * Sergio (given name), for people with the given name Sergio * Sergio (carbonado), the largest rough diamond ever found * ''Sergio'' (album), a 1994 album by Sergio Blass * ''Sergio'' (2009 film), a documentary film * ''Sergio'' (2020 film), a biographical drama film * Sergio, the mascot for the Old Orchard Beach Surge baseball team See also *Hurricane Sergio (other) The name Sergio has been used for four tropical cyclones in the Eastern Pacific Ocean. * Tropical Storm Sergio (1978) – threatened Baja California. * Hurricane Sergio (1982) – never threatened land. * Hurricane Sergio (2006) – never threate ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Guatemala
Guatemala ( ; ), officially the Republic of Guatemala ( es, República de Guatemala, links=no), is a country in Central America. It is bordered to the north and west by Mexico; to the northeast by Belize and the Caribbean; to the east by Honduras; to the southeast by El Salvador and to the south by the Pacific Ocean. With an estimated population of around million, Guatemala is the most populous country in Central America and the 11th most populous country in the Americas. It is a representative democracy with its capital and largest city being Nueva Guatemala de la Asunción, also known as Guatemala City, the most populous city in Central America. The territory of modern Guatemala hosted the core of the Maya civilization, which extended across Mesoamerica. In the 16th century, most of this area was conquered by the Spanish and claimed as part of the viceroyalty of New Spain. Guatemala attained independence in 1821 from Spain and Mexico. In 1823, it became part of the Fe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Guatemalan Quetzal
The quetzal (; ISO 4217, code: GTQ) is the currency of Guatemala, named after the List of national birds, national bird of Guatemala, the resplendent quetzal. In ancient Maya civilization, Mayan culture, the quetzal bird's tail feathers were used as currency. It is divided into 100 ''centavos,'' or ''len'' (plural ''lenes'') in Guatemalan slang. The plural is ''quetzales''. History The quetzal was introduced in 1925 during the term of President José María Orellana, whose image appears on the obverse of the one-quetzal bill. It replaced the Guatemalan peso at the rate of 60 pesos = 1 quetzal. Until 1987, the quetzal was pegged to and domestically equal to the United States dollar. Coins In 1925, coins in denominations of 1, 5, 10 centavos, , and 1 quetzal were introduced, although the majority of the 1 quetzal coins were withdrawn from circulation and melted. and 2 centavo coins were added in 1932. Until 1965, coins of 5 centavos and above were minted in 72% silver. and 1 que ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Central Bank
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] |
Brutalist Architecture
Brutalist architecture is an architectural style that emerged during the 1950s in the United Kingdom, among the reconstruction projects of the post-war era. Brutalist buildings are characterised by minimalist constructions that showcase the bare building materials and structural elements over decorative design. The style commonly makes use of exposed, unpainted concrete or brick, angular geometric shapes and a predominantly monochrome colour palette; other materials, such as steel, timber, and glass, are also featured. Descending from the modernist movement, Brutalism is said to be a reaction against the nostalgia of architecture in the 1940s. Derived from the Swedish phrase ''nybrutalism,'' the term "New Brutalism" was first used by British architects Alison and Peter Smithson for their pioneering approach to design. The style was further popularised in a 1955 essay by architectural critic Reyner Banham, who also associated the movement with the French phrases '' béton bru ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Roberto González Goyri
Roberto González Goyri (1924 in Guatemala City – November 13, 2007 in Guatemala City) was a Guatemalan painter, sculptor and muralist. His work was shown at the Museum of Modern Art in New York City, among other venues. He was notable for his figurative reliefs, free-standing sculptures in stone or metal, and semi-abstract painting in his later years. Early years At the age of 14, he entered the Escuela Nacional de Artes Plásticas "Rafael Rodríguez Padilla", National Academy of Fine Arts where he studied with Rafael Yela Günther. He then spent times as a draftsman at Guatemala's National Museum of Archeology. Between 1948 and 1952, he studied at the Art Students League of New York, Arts Students League and Sculpture Center of New York on a grant from the Guatemalan government. Career Goyri belonged to the group of artists later called the ''Generación del 40'' ("Generation of 1940") whose work was associated with the period of democracy after the Guatemalan Revolution, Gu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Julio Suárez
Julio Roberto Suárez Guerra is a Guatemalan banker who served as the President of the country's central bank, the Bank of Guatemala from 1 October 2014 to 30 September 2018. He spent the majority of his term detained, relating to a large-scale fraud case, of which he was cleared on appeal in July 2019. Career Suárez obtained a degree from the Universidad de San Carlos de Guatemala. From 2002 to 2005 he worked for the Central American Bank for Economic Integration. Suárez also worked as the Guatemalan representative to the International Monetary Fund. Suárez served as Vice President of the Bank of Guatemala from 2006 until his appointment as President per 1 October 2014. He succeeded Edgar Barquín. On 20 May 2015 Suárez was arrested together with fifteen others on accusations of fraud, illegal charging of commissions, illicit association and influence peddling. Suárez himself was accused of fraud. The accusations were linked to the awarding of a contract to the Empresa Fa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ministry Of Public Finance
The Ministry of Public Finance of Guatemala is the government ministry of Guatemala in charge of governing the fiscal policy and public finances. History The ministry was established by a decree in April 1839. In April 1945, it was renamed as Ministry of Finance and Public Credit. It was redesignated as Ministry of Public Finance in December 1971, according to decree of the Congress of the Republic of Guatemala. Ministers * José Nájera y Batres, ?-1851-1858-? * Miguel Cerezo, ?-1872-? * Angel Peña, ?-1880-1881-? * Ramón A. Salazar, 1882-1883-? * Delfino Sánchez, ?-1884-? * Salvador Escobar, ?-1886-? * Manuel Cárdenas, ?-1887-? * Mauricio Rodríguez, ?-1888-? * Rafael Salazar, ?-1889-1890-? * Juan Orantes M., ?-1890-1891-? * F. García, ?-1891-? *Salvador Herrera, ?-1892-1894-? * J. M. González, ?-1895-1897-? * Rafael Salazar, ?-1898-? * Francisco C. Castañeda, ?-1898-? * Francisco Villacorta, ?-1899-? * Pedro Gálvez Portocarrero, ?-1900-? * Guillermo Aguirre, ?-1900- ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economy Of Guatemala
The economy of Guatemala is a considered a developing economy, highly dependent on agriculture, particularly on traditional crops such as coffee, sugar, and bananas. Guatemala's GDP per capita is roughly one-third of Brazil's. The Guatemalan economy is the largest in Central America. It grew 3.3 percent on average from 2015 to 2018. However, Guatemala remains one of the poorest countries in Latin America and the Caribbean, having highly unequal incomes and chronically malnourished children. The country is beset by political insecurity, and lacks skilled workers and infrastructure. It depends on remittances for nearly one-tenth of the GDP. The 1996 peace accords ended the 36-years-long Guatemalan Civil War, and removed a major obstacle to foreign investment. Since then Guatemala has pursued important reforms and macroeconomic stabilization. On 1 July 2006, the Central American Free Trade Agreement (CAFTA) entered into force between the United States and Guatemala. It has since ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
