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OFID
The OPEC Fund for International Development (OPEC Fund) is an intergovernmental development finance institution established in 1976 by the member states of the OPEC, Organization of the Petroleum Exporting Countries (OPEC). The OPEC Fund was conceived at the Conference of the Sovereigns and Heads of State of OPEC Member Countries, which was held in Algiers, Algeria, in March 1975. A Solemn Declaration of the Conference "reaffirmed the natural solidarity which unites OPEC countries with other developing countries in their struggle to overcome underdevelopment", and called for measures to strengthen cooperation between these countries. The OPEC Fund's objective is to reinforce financial cooperation between OPEC Member Countries and other developing countries, by providing financial support to the latter for their socioeconomic development. The institution's central mission is to foster South-South Partnership with fellow developing countries worldwide with the aim of eradicating pov ...
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OPEC
The Organization of the Petroleum Exporting Countries (OPEC, ) is a cartel of countries. Founded on 14 September 1960 in Baghdad by the first five members (Iran, Iraq, Kuwait, Saudi Arabia, and Venezuela), it has, since 1965, been headquartered in Vienna, Austria, although Austria is not an OPEC member state. , the 13 member countries accounted for an estimated 44 percent of global oil production and 81.5 % of the world's proven oil reserves, giving OPEC a major influence on global oil prices that were previously determined by the so-called " Seven Sisters" grouping of multinational oil companies. The formation of OPEC marked a turning point toward national sovereignty over natural resources, and OPEC decisions have come to play a prominent role in the global oil market and international relations. The effect can be particularly strong when wars or civil disorders lead to extended interruptions in supply. In the 1970s, restrictions in oil production led to a dramatic r ...
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Vienna
en, Viennese , iso_code = AT-9 , registration_plate = W , postal_code_type = Postal code , postal_code = , timezone = CET , utc_offset = +1 , timezone_DST = CEST , utc_offset_DST = +2 , blank_name = Vehicle registration , blank_info = W , blank1_name = GDP , blank1_info = € 96.5 billion (2020) , blank2_name = GDP per capita , blank2_info = € 50,400 (2020) , blank_name_sec1 = HDI (2019) , blank_info_sec1 = 0.947 · 1st of 9 , blank3_name = Seats in the Federal Council , blank3_info = , blank_name_sec2 = GeoTLD , blank_info_sec2 = .wien , website = , footnotes = , image_blank_emblem = Wien logo.svg , blank_emblem_size = Vienna ( ; german: Wien ; ba ...
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Intergovernmental Organization
Globalization is social change associated with increased connectivity among societies and their elements and the explosive evolution of transportation and telecommunication Telecommunication is the transmission of information by various types of technologies over wire, radio, optical, or other electromagnetic systems. It has its origin in the desire of humans for communication over a distance greater than that fe ... technologies to facilitate international cultural and economic exchange. The term is applied in various social, cultural, commercial and economic contexts. ''To browse the category, you may prefer to use the Globalization Category Tree.'' {{cmbox , text =''Note: Pages in this category should be moved to subcategories where applicable. This category may require frequent maintenance to avoid becoming too large. It should directly contain very few, if any, articles and should mainly contain subcategories.'' Global civilization Linear theories Politics by is ...
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Balance Of Payments
In international economics, the balance of payments (also known as balance of international payments and abbreviated BOP or BoP) of a country is the difference between all money flowing into the country in a particular period of time (e.g., a quarter or a year) and the outflow of money to the rest of the world. These financial transactions are made by individuals, firms and government bodies to compare receipts and payments arising out of trade of goods and services. The balance of payments consists of two components: the current account and the capital account. The current account reflects a country's net income, while the capital account reflects the net change in ownership of national assets. History Until the early 19th century, international trade was heavily regulated and accounted for a relatively small portion compared with national output. In the Middle Ages, European trade was typically regulated at municipal level in the interests of security for local industry an ...
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Suleiman Jasir Al-Herbish
Suleiman Jasir Al-Herbish (born 6 November 1942, Ar Rass, Saudi Arabia)( ar, سليمان بن جاسر الحربش) ended his third five-year term as Director-General of the OPEC Fund for International Development in October 2018. Education *2018 - Honorary Doctorate, Universidad Amazónica de Pando. Bolivia, 2018 *1978 - Course in "The Economics of Oil Transportation", London *1974 - Masters in Economics, Trinity University (Texas), San Antonio, Texas, USA *1966 - BA in Economics and Political Science, University of Cairo Tenure at the OPEC Fund for International Development Suleiman Jasir Al-Herbish, a Saudi national, became the director-general and chief executive officer of the OPEC Fund for International Development in November 2003. Al-Herbish guided the OPEC Fund through a period of deep transformation which includes: *Strategic re-positioning *Organization strengthening *Financial realignment These developments have enabled the institution to substantially enhance the ...
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King Abdullah Bin Abdul Aziz
Abdullah bin Abdulaziz Al Saud ( ar, عبدالله بن عبدالعزيز آل سعود ''ʿAbd Allāh ibn ʿAbd al ʿAzīz Āl Saʿūd'', Najdi Arabic pronunciation: ; 1 August 1924 – 23 January 2015) was King and Prime Minister of Saudi Arabia from 1 August 2005 until his death in 2015. Prior to his ascension, he was Crown Prince of Saudi Arabia since 13 June 1982. He was the tenth son of King Abdulaziz, the founder of Saudi Arabia, and the fifth of Abdulaziz's six sons who were kings. Abdullah was the son of King Abdulaziz and Fahda bint Asi Al Shuraim. His mother was a member of the Al Rashid dynasty, historical rivals of the Al Saud dynasty. Abdullah held important political posts throughout most of his adult life. In 1961 he became mayor of Mecca, his first public office. The following year, he was appointed commander of the Saudi Arabian National Guard, a post he was still holding when he became king. He also served as deputy defense minister and was named crown prin ...
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Energy Poverty
Energy poverty is lack of access to modern energy services. It refers to the situation of large numbers of people in developing countries and some people in developed countries whose well-being is negatively affected by very low consumption of energy, use of dirty or polluting fuels, and excessive time spent collecting fuel to meet basic needs. Today, 759 million people lack access to consistent electricity and 2.6 billion people use dangerous and inefficient cooking systems. It is inversely related to access to modern energy services, although improving access is only one factor in efforts to reduce energy poverty. Energy poverty is distinct from fuel poverty, which primarily focuses solely on the issue of affordability. The term “energy poverty” came into emergence through the publication of Brenda Boardman’s book, ''Fuel Poverty: From Cold Homes to Affordable Warmth'' (1991). Naming the intersection of energy and poverty as “energy poverty” motivated the need to devel ...
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Interregnum
An interregnum (plural interregna or interregnums) is a period of discontinuity or "gap" in a government, organization, or social order. Archetypally, it was the period of time between the reign of one monarch and the next (coming from Latin ''inter-'', "between" and ''rēgnum'', "reign" rom ''rex, rēgis'', "king", and the concepts of interregnum and regency therefore overlap. Historically, longer and heavier interregna have been typically accompanied by widespread unrest, civil and succession wars between warlords, and power vacuums filled by foreign invasions or the emergence of a new power. A failed state is usually in interregnum. The term also refers to the periods between the election of a new parliament and the establishment of a new government from that parliament in parliamentary democracies, usually ones that employ some form of proportional representation that allows small parties to elect significant numbers, requiring time for negotiations to form a government. ...
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Deutschmeister-Palais
The Deutschmeister-Palais or Palais Erzherzog Wilhelm is a building in Vienna located at Parkring 8. It was designed in the years 1864–1868 by the Danish-Austrian architect Theophil von Hansen (1813–1891) as a residence for Archduke Wilhelm Franz of Austria (1827–1894), who at that time was Grand Master of the Teutonic Knights (''Deutschmeister''). The building face includes statues by the Austrian sculptor Joseph Gasser von Valhorn. From 1938 to 1945 it was the seat of the Viennese SS headquarters, then from 1945 to 1974 it served as the Federal Police Department in Vienna. Today it holds the offices of the OPEC Fund for International Development The OPEC Fund for International Development (OPEC Fund) is an intergovernmental development finance institution established in 1976 by the member states of the Organization of the Petroleum Exporting Countries (OPEC). The OPEC Fund was conceived .... Palaces in Vienna Theophil Hansen buildings {{Austria-pa ...
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Teutonic Order
The Order of Brothers of the German House of Saint Mary in Jerusalem, commonly known as the Teutonic Order, is a Catholic religious institution founded as a military society in Acre, Kingdom of Jerusalem. It was formed to aid Christians on their pilgrimages to the Holy Land and to establish hospitals. Its members have commonly been known as the Teutonic Knights, having a small voluntary and mercenary military membership, serving as a crusading military order for the protection of Christians in the Holy Land and the Baltics during the Middle Ages. Purely religious since 1810, the Teutonic Order still confers limited honorary knighthoods. The Bailiwick of Utrecht of the Teutonic Order, a Protestant chivalric order, is descended from the same medieval military order and also continues to award knighthoods and perform charitable work. Name The name of the Order of Brothers of the German House of Saint Mary in Jerusalem is in german: Orden der Brüder vom Deutschen Haus der He ...
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Theophil Von Hansen
Baron Theophil Edvard von Hansen (; original Danish name: Theophilus Hansen ; 13 July 1813 – 17 February 1891) was a Danish architect who later became an Austrian citizen. He became particularly well known for his buildings and structures in Athens and Vienna, and is considered an outstanding representative of Neoclassicism and Historicism. Biography Hansen was born in Copenhagen. After training with Prussian architect Karl Friedrich Schinkel and some years studying in Vienna, he moved to Athens in 1837, where he studied architecture and design, with a concentration and interest in Byzantine architecture. During his stay in Athens, Hansen designed his first building, the National Observatory of Athens and two of the three contiguous buildings forming the so-called "Athenian Trilogy": the Academy of Athens and the National Library of Greece, the third building of the trilogy being the National and Capodistrian University of Athens, which was designed by his brother Hans Christ ...
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Archduke Wilhelm Franz Of Austria
Archduke Wilhelm Franz Karl of Austria-Teschen (German: Erzherzog Wilhelm Franz Karl von Habsburg-Lothringen, 21 April 1827 – 29 April 1894) was an Archduke of Austrian Empire, Austria from the House of Habsburg. He was born in Vienna as the son of Archduke Charles, Duke of Teschen (1771–1847) and Princess Henrietta of Nassau-Weilburg (1797–1829). He was a grandson of Leopold II, Holy Roman Emperor, Leopold II (1747–1792) and nephew of Francis II, Holy Roman Emperor, Franz II (1768–1835), the last two Holy Roman Emperors. He studied political sciences at the University of Vienna and he was a student of Joseph von Kudler. He held the office of Grand Master of the Teutonic Knights from 1863 until his death in 1894. He gained the rank of ''General of the branch, Feldzeugmeister'' in the service of the Austrian Army in January 1867, after commanding the artillery and being wounded at the Battle of Königgrätz (1866). He was Governor of the Fortress of Mainz, Federal ...
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