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Porter Convention
The Drago Doctrine was announced in 1902 by Argentine Minister of Foreign Affairs Luis María Drago in a diplomatic note to the United States. Perceiving a conflict between the Monroe Doctrine and the influence of European imperial powers, and raising attention to the principle of sovereign equality that the United States had long supported, it set forth the policy that no foreign power, including the United States, could use force against a nation in Latin America to collect debt. In 1904, the Roosevelt Corollary was issued by the United States in response to the Drago Doctrine and asserted the right of the United States to intervene in Latin America in the interests of American business and Latin American independence from European powers. A modified version, known as the Porter Convention after Horace Porter, was adopted at The Hague in 1907 and added that arbitration and litigation should always be used first. History It grew from the ideas expressed by Carlos Calvo in ''Der ...
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Luis María Drago
Luis María Drago ( - ) was an Argentine politician. Born into a distinguished Argentine family in Buenos Aires, Drago began his career as a newspaper editor. Later, he served as a minister of foreign affairs (1902). At that time, when the UK, Germany, and Italy were seeking to collect the public debt of Venezuela by force, he wrote to the Argentine minister in Washington setting forth his doctrine, commonly known as the Drago Doctrine The Drago Doctrine was announced in 1902 by Argentine Minister of Foreign Affairs Luis María Drago in a diplomatic note to the United States. Perceiving a conflict between the Monroe Doctrine and the influence of European imperial powers, and rai .... External links * Columbia Encyclopedia article on Luis María Drago Encyclopedia.com article on Luis María Drago 1859 births 1921 deaths People from Buenos Aires Argentine journalists Male journalists Foreign ministers of Argentina Burials at La Recoleta Cemetery {{Argentina-pol ...
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Venezuela
Venezuela (; ), officially the Bolivarian Republic of Venezuela ( es, link=no, República Bolivariana de Venezuela), is a country on the northern coast of South America, consisting of a continental landmass and many islands and islets in the Caribbean Sea. It has a territorial extension of , and its population was estimated at 29 million in 2022. The capital and largest urban agglomeration is the city of Caracas. The continental territory is bordered on the north by the Caribbean Sea and the Atlantic Ocean, on the west by Colombia, Brazil on the south, Trinidad and Tobago to the north-east and on the east by Guyana. The Venezuelan government maintains a claim against Guyana to Guayana Esequiba. Venezuela is a federal presidential republic consisting of 23 states, the Capital District and federal dependencies covering Venezuela's offshore islands. Venezuela is among the most urbanized countries in Latin America; the vast majority of Venezuelans live in the cities of the n ...
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1902 In South America
Nineteen or 19 may refer to: * 19 (number), the natural number following 18 and preceding 20 * one of the years 19 BC, AD 19, 1919, 2019 Films * ''19'' (film), a 2001 Japanese film * ''Nineteen'' (film), a 1987 science fiction film Music * 19 (band), a Japanese pop music duo Albums * ''19'' (Adele album), 2008 * ''19'', a 2003 album by Alsou * ''19'', a 2006 album by Evan Yo * ''19'', a 2018 album by MHD * ''19'', one half of the double album ''63/19'' by Kool A.D. * ''Number Nineteen'', a 1971 album by American jazz pianist Mal Waldron * ''XIX'' (EP), a 2019 EP by 1the9 Songs * "19" (song), a 1985 song by British musician Paul Hardcastle. * "Nineteen", a song by Bad4Good from the 1992 album ''Refugee'' * "Nineteen", a song by Karma to Burn from the 2001 album ''Almost Heathen''. * "Nineteen" (song), a 2007 song by American singer Billy Ray Cyrus. * "Nineteen", a song by Tegan and Sara from the 2007 album '' The Con''. * "XIX" (song), a 2014 song by Slipknot. ...
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1902 In Venezuela
Events in the year 1902 in Venezuela. Incumbents *President: Cipriano Castro Events *January – Venezuela Crisis of 1902–03: Kaiser Wilhelm II of Germany declares a delay to any blockade due to the outbreak of another civil war in Venezuela (led by financier Manuel Matos) which raised the possibility of a more amenable government.Forbes (1978:325) *June – Venezuela Crisis of 1902–03: President Castro seizes a British ship, The Queen, on suspicion of aiding rebels, in another phase of the Venezuelan civil war *July – the German government was ready to return to the possibility of joint action, with Matos' insurrection having led to further abuses against German citizens and their property, including by government troopsForbes (1978:327) *mid-August – Britain and Germany agreed in principle to go ahead with a blockade later in the year. *December 7 – both Britain and Germany issued ultimatums to Venezuela, even though there was still disagreement about whether to impos ...
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Politics Of Venezuela
The politics of Venezuela occurs in a framework explained in Government of Venezuela. Venezuela has a dominant-party system, dominated by the United Socialist Party of Venezuela amidst other parties listed in the following section. The governing United Socialist Party of Venezuela (''Partido Socialista Unido de Venezuela'', PSUV) was created in 2007, uniting a number of smaller parties supporting Hugo Chávez's Bolivarian Revolution with Chávez's Fifth Republic Movement. PSUV and its forerunners have held the Presidency and National Assembly since 1998. The Democratic Unity Roundtable (''Mesa de la Unidad Democrática'', MUD), created in 2008, unites much of the opposition (A New Era (UNT), Project Venezuela, Justice First, Movement for Socialism (Venezuela) and others). Hugo Chávez, the central figure of the Venezuelan political landscape since his election to the Presidency in 1998 as a political outsider, died in office in early 2013, and was succeeded by Nicolás Maduro (i ...
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1902 In International Relations
Nineteen or 19 may refer to: * 19 (number), the natural number following 18 and preceding 20 * one of the years 19 BC, AD 19, 1919, 2019 Films * ''19'' (film), a 2001 Japanese film * ''Nineteen'' (film), a 1987 science fiction film Music * 19 (band), a Japanese pop music duo Albums * ''19'' (Adele album), 2008 * ''19'', a 2003 album by Alsou * ''19'', a 2006 album by Evan Yo * ''19'', a 2018 album by MHD * ''19'', one half of the double album ''63/19'' by Kool A.D. * ''Number Nineteen'', a 1971 album by American jazz pianist Mal Waldron * ''XIX'' (EP), a 2019 EP by 1the9 Songs * "19" (song), a 1985 song by British musician Paul Hardcastle. * "Nineteen", a song by Bad4Good from the 1992 album ''Refugee'' * "Nineteen", a song by Karma to Burn from the 2001 album ''Almost Heathen''. * "Nineteen" (song), a 2007 song by American singer Billy Ray Cyrus. * "Nineteen", a song by Tegan and Sara from the 2007 album '' The Con''. * "XIX" (song), a 2014 song by Slipknot. ...
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History Of Argentina (1880–1916)
The history of Argentina can be divided into four main parts: the pre-Columbian time or early history (up to the sixteenth century), the colonial period (1536–1809), the period of nation-building (1810–1880), and the history of modern Argentina (from around 1880). Prehistory in the present territory of Argentina began with the first human settlements on the southern tip of Patagonia around 13,000 years ago. Written history began with the arrival of Spanish chroniclers in the expedition of Juan Díaz de Solís in 1516 to the Río de la Plata, which marks the beginning of Spanish occupation of this region. In 1776 the Spanish Crown established the Viceroyalty of the Río de la Plata, an umbrella of territories from which, with the Revolution of May 1810, began a process of gradual formation of several independent states, including one called the United Provinces of the Río de la Plata. With the declaration of independence on 9 July 1816, and the military defeat of the Spa ...
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Political History Of Argentina
The politics of Argentina take place in the framework of what the Constitution defines as a federal presidential representative democratic republic, where the President of Argentina is both Head of State and Head of Government. Legislative power is vested in the two chambers of the Argentine National Congress. The Judiciary is independent as well as Executive and the Legislature are independent. Elections take place regularly on a multi-party system. In the 20th century, Argentina experienced significant political turmoil and democratic reversals. Between 1930 and 1976, the armed forces overthrew six governments in Argentina; and the country alternated periods of democracy (1912–1930, 1946–1955, and 1973–1976) with periods of restricted democracy and military rule. Following a transition that began in 1983, full-scale democracy in Argentina was reestablished. Argentina's democracy endured through the 2001–02 crisis and to the present day; it is regarde ...
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1902 In Law
Nineteen or 19 may refer to: * 19 (number), the natural number following 18 and preceding 20 * one of the years 19 BC, AD 19, 1919, 2019 Films * ''19'' (film), a 2001 Japanese film * ''Nineteen'' (film), a 1987 science fiction film Music * 19 (band), a Japanese pop music duo Albums * ''19'' (Adele album), 2008 * ''19'', a 2003 album by Alsou * ''19'', a 2006 album by Evan Yo * ''19'', a 2018 album by MHD * ''19'', one half of the double album ''63/19'' by Kool A.D. * ''Number Nineteen'', a 1971 album by American jazz pianist Mal Waldron * ''XIX'' (EP), a 2019 EP by 1the9 Songs * "19" (song), a 1985 song by British musician Paul Hardcastle. * "Nineteen", a song by Bad4Good from the 1992 album ''Refugee'' * "Nineteen", a song by Karma to Burn from the 2001 album ''Almost Heathen''. * "Nineteen" (song), a 2007 song by American singer Billy Ray Cyrus. * "Nineteen", a song by Tegan and Sara from the 2007 album '' The Con''. * "XIX" (song), a 2014 song by Slipknot. ...
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Foreign Policy Doctrines
A foreign policy doctrine is a general statement of foreign policy and belief system through a doctrine. In some cases, the statement is made by a political leader, typically a nation’s chief executive or chief diplomat, and comes to be named after that leader. Richard Nixon’s justification for the phased withdrawal of the United States from the Vietnam War, for example, came to be called the Nixon Doctrine. This pattern of naming is not universal, however; Chinese doctrines, for example, are often referred to by number. The purpose of a foreign policy doctrine is to provide general rules for the conduct of foreign policy through decisions on international relations. These rules allow the political leadership of a nation to deal with a situation and to explain the actions of a nation to other nations. “Doctrine” is usually not meant to have any negative connotations; it is especially not to be confused with “dogma.” Argentina * Calvo Doctrine * Drago Doctrine Denma ...
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NML Capital
Paul Elliott Singer (born August 22, 1944) is an American hedge fund manager, activist investor, philanthropist, and the founder, president and co-CEO of Elliott Management. As of October 2021, his net worth is estimated at US$4.3 billion. ''Fortune'' magazine described Singer as one of the "smartest and toughest money managers" in the hedge fund industry. A number of sources have branded him a "vulture capitalist", largely on account of his role at EMC, which has been called a vulture fund. ''The Independent'' has described him as "a pioneer in the business of buying up sovereign bonds on the cheap, and then going after countries for unpaid debts." In more recent times, Singer's Elliot Management has focused on activist campaigns, in which they take an equity stake in a company and agitate using influence and voting rights to encourage change, and they have also expanded into private equity. Singer's philanthropic activities include financial support for LGBTQ rights. He has ...
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Argentine Debt Restructuring
The Argentine debt restructuring is a process of debt restructuring by Argentina that began on January 14, 2005, and allowed it to resume payment on 76% of the US$82 billion in sovereign bonds that defaulted in 2001 at the depth of the worst economic crisis in the nation's history. A second debt restructuring in 2010 brought the percentage of bonds under some form of repayment to 93%, though ongoing disputes with holdouts remained. Bondholders who participated in the restructuring settled for repayments of around 30% of face value and deferred payment terms, and began to be paid punctually; the value of their nearly worthless bonds also began to rise. The remaining 7% of bondholders were later repaid in full, after centre-right and US-aligned leader Mauricio Macri came to power in 2015. As part of the restructuring process, Argentina drafted agreements in which repayments would be handled through a New York corporation and governed by United States law. The holdout bondhold ...
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