Ezequiel Padilla Peñaloza
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Ezequiel Padilla Peñaloza
Ezequiel Padilla Peñaloza (December 31, 1890 – September 6, 1971) was a Mexican statesman. Born in Coyuca de Catalán, Guerrero, he served in the Senate, as Attorney General in 1928, as Secretary of Education from 1928 to 1930, as ambassador to Hungary from 1930 to 1932, and as Secretary of Foreign Affairs from 1940 to 1945. He was the President of the Chamber of Deputies in 1925. His appointment to the Secretariat of Foreign Affairs by President Manuel Ávila Camacho marked an end to the Post-Revolutionary domination of politicians from the North of the country. With his co-cabinet member Miguel Alemán Valdés (Secretary of the Interior), he "gave Mexico the most progressive foreign policy and the most orderly internal government in the nation's history." By 1941, he had successfully settled all foreign claims against the government stemming from the Cárdenas-era expropriations. He negotiated a favorable economic treaty, fixed the peso to the United States dollar, and ...
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Secretary Of Foreign Affairs (Mexico)
The Secretary of Foreign Affairs ( es, Secretario de Relaciones Exteriores) is the foreign secretary of Mexico, responsible for implementing the country's foreign policy. The secretary is appointed by the President of Mexico to head the Secretariat of Foreign Affairs ( es, links=no, Secretaría de Relaciones Exteriores) and is a member of the federal executive cabinet. The Secretary is commonly referred to as ''Canciller'' (Spanish for ''Chancellor'') in Mexico. The Secretary of Foreign Affairs is Marcelo Ebrard. List of Secretaries of Exterior Relations *Ignacio Mariscal 1880–1883, 1885–1910 *Enrique Creel 1910–1911 *Francisco León de la Barra 1911, 1913 *Victoriano Salado Álvarez 1911 * Bartolomé Carvajal y Rosas 1911 * Manuel Calero y Sierra 1911–1912 * Pedro Lascuráin Paredes 1912–1913 *Federico Gamboa Iglesias 1913 * Francisco Escudero 1913 * Querido Moheno Tabares 1913–1914 * José López Portillo y Rojas 1914 * Francisco S. Carvajal 1914 * Ignacio Borreg ...
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President Of Mexico
The president of Mexico ( es, link=no, Presidente de México), officially the president of the United Mexican States ( es, link=no, Presidente de los Estados Unidos Mexicanos), is the head of state and head of government of Mexico. Under the Constitution of Mexico, the president heads the executive branch of the federal government and is the commander-in-chief of the Mexican Armed Forces. The current president is Andrés Manuel López Obrador, who took office on 1 December 2018. The office of the president is considered to be revolutionary, in the sense that the powers of office are derived from the Revolutionary Constitution of 1917. Another legacy of the Mexican Revolution is the Constitution's ban on re-election. Mexican presidents are limited to a single six-year term, called a '' sexenio''. No one who has held the post, even on a caretaker basis, is allowed to run or serve again. The constitution and the office of the president closely follow the presidential system of go ...
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The Americas
The Americas, which are sometimes collectively called America, are a landmass comprising the totality of North America, North and South America. The Americas make up most of the land in Earth's Western Hemisphere and comprise the New World. Along with their Lists of islands of the Americas, associated islands, the Americas cover 8% of Earth's total surface area and 28.4% of its land area. The topography is dominated by the American Cordillera, a long chain of mountains that runs the length of the west coast. The flatter eastern side of the Americas is dominated by large river basins, such as the Amazon river basin, Amazon, St. Lawrence River–Great Lakes basin, Mississippi river basin, Mississippi, and La Plata river basin, La Plata. Since the Americas extend from north to south, the climate and ecology vary widely, from the arctic tundra of Northern Canada, Greenland, and Alaska, to the tropical rain forests in Central America and South America. Humans first Settlement o ...
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World War II
World War II or the Second World War, often abbreviated as WWII or WW2, was a world war that lasted from 1939 to 1945. It involved the vast majority of the world's countries—including all of the great powers—forming two opposing military alliances: the Allies and the Axis powers. World War II was a total war that directly involved more than 100 million personnel from more than 30 countries. The major participants in the war threw their entire economic, industrial, and scientific capabilities behind the war effort, blurring the distinction between civilian and military resources. Aircraft played a major role in the conflict, enabling the strategic bombing of population centres and deploying the only two nuclear weapons ever used in war. World War II was by far the deadliest conflict in human history; it resulted in 70 to 85 million fatalities, mostly among civilians. Tens of millions died due to genocides (including the Holocaust), starvation, ma ...
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United States Dollar
The United States dollar ( symbol: $; code: USD; also abbreviated US$ or U.S. Dollar, to distinguish it from other dollar-denominated currencies; referred to as the dollar, U.S. dollar, American dollar, or colloquially buck) is the official currency of the United States and several other countries. The Coinage Act of 1792 introduced the U.S. dollar at par with the Spanish silver dollar, divided it into 100 cents, and authorized the minting of coins denominated in dollars and cents. U.S. banknotes are issued in the form of Federal Reserve Notes, popularly called greenbacks due to their predominantly green color. The monetary policy of the United States is conducted by the Federal Reserve System, which acts as the nation's central bank. The U.S. dollar was originally defined under a bimetallic standard of (0.7735 troy ounces) fine silver or, from 1837, fine gold, or $20.67 per troy ounce. The Gold Standard Act of 1900 linked the dollar solely to gold. From 1934, it ...
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Mexican Peso
The Mexican peso (Currency symbol, symbol: $; ISO 4217, code: MXN) is the currency of Mexico. Modern peso and dollar currencies have a common origin in the 16th–19th century Spanish dollar, most continuing to use dollar sign, its sign, "$". The current ISO 4217 code for the peso is ''MXN''; prior to the #Nuevo peso, 1993 revaluation, the code ''MXP'' was used. The peso is subdivided into 100 , represented by "cent sign, ¢". The Mexican peso is the 15th most traded currency in the world, the third most traded currency from the Americas (after the United States dollar and Canadian dollar), and the most traded currency from Latin America. , the peso's exchange rate was $20.50 per euro, $19.80 per U.S. dollar, and $15.50 per Canadian dollar. History Etymology The name was first used in reference to ('gold weights') or ('silver weights'). The Spanish word means 'weight'. Compare the British pound sterling. Other countries that use are Argentine peso, Argentina, Chilean pes ...
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Fixed Currency
A fixed exchange rate, often called a pegged exchange rate, is a type of exchange rate regime in which a currency's value is fixed or pegged by a monetary authority against the value of another currency, a basket of other currencies, or another measure of value, such as gold. There are benefits and risks to using a fixed exchange rate system. A fixed exchange rate is typically used to stabilize the exchange rate of a currency by directly fixing its value in a predetermined ratio to a different, more stable, or more internationally prevalent currency (or currencies) to which the currency is pegged. In doing so, the exchange rate between the currency and its peg does not change based on market conditions, unlike in a floating (flexible) exchange regime. This makes trade and investments between the two currency areas easier and more predictable and is especially useful for small economies that borrow primarily in foreign currency and in which external trade forms a large part of the ...
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Nationalization
Nationalization (nationalisation in British English) is the process of transforming privately-owned assets into public assets by bringing them under the public ownership of a national government or state. Nationalization usually refers to private assets or to assets owned by lower levels of government (such as municipalities) being transferred to the state. Nationalization contrasts with privatization and with demutualization. When previously nationalized assets are privatized and subsequently returned to public ownership at a later stage, they are said to have undergone renationalization. Industries often subject to nationalization include the commanding heights of the economy – telecommunications, electric power, fossil fuels, railways, airlines, iron ore, media, postal services, banks, and water – though, in many jurisdictions, many such entities have no history of private ownership. Nationalization may occur with or without financial compensation to the former owners. ...
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Lázaro Cárdenas
Lázaro Cárdenas del Río (; 21 May 1895 – 19 October 1970) was a Mexican army officer and politician who served as president of Mexico from 1934 to 1940. Born in Jiquilpan, Michoacán, to a working-class family, Cárdenas joined the Mexican Revolution and became a general in the Constitutionalist Army. Although he was not from the state of Sonora, whose revolutionary generals dominated Mexican politics in the 1920s, Cárdenas was hand-picked by Plutarco Elías Calles, Sonoran general and former president of Mexico, as a presidential candidate and won in the 1934 general election. After founding the National Revolutionary Party (PNR) in the wake of the assassination of president-elect Álvaro Obregón, Plutarco Elías Calles had unofficially remained in power during the Maximato (1928–1934) and expected to maintain that role when Cárdenas took office. Cárdenas, however, out-maneuvered him politically and forced Calles into exile. He established the structure of t ...
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Federal Government Of The United Mexican States
The Federal government of Mexico (alternately known as the Government of the Republic or ' or ') is the national government of the United Mexican States, the central government established by its constitution to share sovereignty over the republic with the governments of the 31 individual Mexican states, and to represent such governments before international bodies such as the United Nations. The Mexican federal government has three branches: executive, legislative, and judicial and functions per the Constitution of the United Mexican States, as enacted in 1917, and as amended. The executive power is exercised by the executive branch, which is headed by the president and his Cabinet, which, together, are independent of the legislature. Legislative power is vested upon the Congress of the Union, a bicameral legislature comprising the Senate and the Chamber of Deputies. Judicial power is exercised by the judiciary, consisting of the Supreme Court of Justice of the Nation, the Counci ...
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Secretary Of The Interior (Mexico)
The Mexican Secretariat for Home Affairs ( es, Secretaría de Gobernación, SEGOB, lit=Secretariat for Governance) is the public department concerned with the country's domestic affairs, the presenting of the president's bills to Congress, their publication on the Official Journal of the Federation, and certain issues of national security. The country's principal intelligence agency, CISEN, is directly answerable to the Secretary of the Interior. The Secretary is a member of the President's Cabinet and is, given the constitutional implications of the post, the most important Cabinet Member. Additionally, in case of absolute absence of the President, the Secretary of Interior assumes the executive powers of the President provisionally. The Office is practically equivalent to Ministries of the Interior in most other countries (with the exception of the that of the United States of America) and is occasionally translated to English as Ministry, Secretariat or Department of the In ...
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