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Bank Of Mexico
The Bank of Mexico (), abbreviated ''BdeM'' or ''Banxico,'' is Mexico's central bank, monetary authority and lender of last resort. The Bank of Mexico is autonomous in exercising its functions, and its main objective is to achieve stability in the purchasing power of the national currency. Background Plans for a central bank of Mexico began as early as the Mexican Empire of Emperor Agustín de Iturbide with his idea of a ''Gran Banco del Imperio Mexicano'' (Grand Bank of the Mexican Empire). This idea was never pursued, instead, credit was generally issued by religious orders or trading guilds. In 1827, Mexico defaulted on a loan from British lenders which made it difficult to find foreign capital and it was forced to rely on local lenders as it had no national bank to lend to it. Instead the government was forced to rely on domestic lenders known as agiotistas (speculators) who specialized in short-term, high-interest loans. The first formal bank organized by the government ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cuauhtémoc, Mexico City
Cuauhtémoc (), named after the 16th-century Aztec ruler Cuauhtémoc, is a Boroughs of Mexico City, borough () of Mexico City. It contains the oldest parts of the city, extending over what was the entire urban core of Mexico City in the 1920s. Cuauhtémoc is the historic and cultural center of the capital, although it is not the geographical center. While it ranks only sixth in population, it generates about a third of the entire city's GDP, mostly through commerce and services. It is home to the Mexican Stock Exchange, the important tourist attractions of the historic center of Mexico City, historic center and Zona Rosa, Mexico City, Zona Rosa, and various skyscrapers, such as the Torre Mayor and the Mexican headquarters of HSBC. It also contains numerous museums, libraries, government offices, Traditional fixed markets in Mexico, markets, and other commercial centers, which can bring in as many as 5 million people each day to work, shop, or visit cultural sites. This area has ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mortgage Loan
A mortgage loan or simply mortgage (), in civil law (legal system), civil law jurisdictions known also as a hypothec loan, is a loan used either by purchasers of real property to raise funds to buy real estate, or by existing property owners to raise funds for any purpose while putting a lien on the property being mortgaged. The loan is "collateral (finance), secured" on the borrower's property through a process known as mortgage origination. This means that a Mortgage law, legal mechanism is put into place which allows the lender to take possession and sell the secured property ("foreclosure" or "repossession") to pay off the loan in the event the borrower defaults on the loan or otherwise fails to abide by its terms. The word ''mortgage'' is derived from a Law French term used in Legal professions in England and Wales, Britain in the Middle Ages meaning "death pledge" and refers to the pledge ending (dying) when either the obligation is fulfilled or the property is taken throu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banknote
A banknote or bank notealso called a bill (North American English) or simply a noteis a type of paper money that is made and distributed ("issued") by a bank of issue, payable to the bearer on demand. Banknotes were originally issued by commercial banks, which were legally required to Redemption value, redeem the notes for legal tender (usually gold or silver coin) when presented to the chief cashier of the originating bank. These commercial banknotes only traded at face value in the market served by the issuing bank. Commercial banknotes have primarily been replaced by national banknotes issued by central banks or monetary authority, monetary authorities. By extension, the word "banknote" is sometimes used (including by collectors) to refer more generally to paper money, but in a strict sense notes that have not been issued by banks, e.g. government notes, are not banknotes. National banknotes are often, but not always, legal tender, meaning that courts of law are required to ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Coin
A coin is a small object, usually round and flat, used primarily as a medium of exchange or legal tender. They are standardized in weight, and produced in large quantities at a mint in order to facilitate trade. They are most often issued by a government. Coins often have images, numerals, or text on them. The faces of coins or medals are sometimes called the ''obverse'' and the ''reverse'', referring to the front and back sides, respectively. The obverse of a coin is commonly called ''heads'', because it often depicts the head of a prominent person, and the reverse is known as ''tails''. The first metal coins – invented in the ancient Greek world and disseminated during the Hellenistic period – were precious metal–based, and were invented in order to simplify and regularize the task of measuring and weighing bullion (bulk metal) carried around for the purpose of transactions. They carried their value within the coins themselves, but the stampings also induced manip ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Alberto J
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 A * Alberto Abadie (born 1968), Spanish economist * Alberto Abalde (born 1995), Spanish basketball player * Alberto Abarza (born 1984), Chilean Paralympic swimmer * Alberto Abdala (1920–1986), Uruguayan attorney, politician, painter, and Vice President of Uruguay from 1967–1972 * Alberto Abengózar (born 1989), Spanish footballer * Alberto Ablondi (1924–2010), Italian Catholic bishop * Alberto Acereda (born 1965), Spanish professor * Alberto Achacaz Walakial (1929–2008), Chilean Kaweskar * Alberto Achá (1917–1965), Bolivian footballer * Al ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Finance Minister
A ministry of finance is a ministry or other government agency in charge of government finance, fiscal policy, and financial regulation. It is headed by a finance minister, an executive or cabinet position . A ministry of finance's portfolio has a large variety of names around the world, such as "treasury", "finance", "financial affairs", "economy" or "economic affairs". The position of the finance minister might be named for this portfolio, but it may also have some other name, like "Treasurer" or, in the United Kingdom, "Chancellor of the Exchequer". The duties of a finance minister differ between countries. Typically, they encompass one or more of government finances, economic policy and/or financial regulation, but there are significant differences between countries: * in some countries the finance minister might also have oversight of monetary policy (while in other countries that is the responsibility of an independent central bank); * in some countries the finance m ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Constitution Of Mexico
The current Constitution of Mexico, formally the Political Constitution of the United Mexican States (), was drafted in Santiago de Querétaro, in the State of Querétaro, Mexico, by a constituent convention during the Mexican Revolution. It was approved by the Constituent Congress on 5 February 1917, and was later amended several times. It is the successor to the Constitution of 1857, and earlier Mexican constitutions. "The Constitution of 1917 is the legal triumph of the Mexican Revolution. To some it is the revolution." The current Constitution of 1917 is the first such document in the world to set out social rights, serving as a model for the Weimar Constitution of 1919 and the Russian Soviet Federative Socialist Republic Constitution of 1918. Some of the most important provisions are Articles 3, 27, and 123; adopted in response to the armed insurrection of popular classes during the Mexican Revolution, these articles display profound changes in Mexican politics that ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Álvaro Obregón
Álvaro Obregón Salido (; 19 February 1880 – 17 July 1928) was a Mexican general, inventor and politician who served as the 46th President of Mexico from 1920 to 1924. Obregón was re-elected to the presidency in 1928 but was assassinated before he could take office. Born in Navojoa, Sonora, Obregón joined the Revolution after the Ten Tragic Days, February 1913 coup d'état that brought General Victoriano Huerta to the presidency. Obregón supported Sonora's decision to follow Governor Venustiano Carranza as leader of the northern revolutionary coalition, the Constitutional Army, Constitutionalist Army, against the Huerta regime. Obregón quickly became the Constitutionalist Army's most prominent general, along with Pancho Villa. Carranza appointed Obregón commander of the revolutionary forces in northwestern Mexico. The Constitutionalists defeated Huerta in July 1914, and the Federal Army dissolved in August. In 1915, the revolution entered a new phase of civil war betwee ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Venustiano Carranza
José Venustiano Carranza de la Garza (; 29 December 1859 – 21 May 1920), known as Venustiano Carranza, was a Mexican land owner and politician who served as President of Mexico from 1917 until his assassination in 1920, during the Mexican Revolution. He was previously Mexico's de facto head of state as ''Primer Jefe'' () of the Constitutionalist faction from 1914 to 1917, and previously served as a senator and governor for Coahuila. He played the leading role in drafting the Constitution of 1917 and maintained Mexican neutrality in World War I. Born in Coahuila to a prominent landowning family, he served as a senator for his state during the Porfiriato, appointed by President and de facto dictator Porfirio Díaz. After becoming alienated from Díaz, he supported the Liberal Francisco Madero's challenge to Díaz during the 1910 presidential election. Madero was defeated in a sham election and imprisoned. Madero ordered an overthrow of the government, sparking the Mexic ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Victoriano Huerta
José Victoriano Huerta Márquez (; 23 December 1850 – 13 January 1916) was a Mexican general, politician, engineer and dictator who was the 39th President of Mexico, who came to power by coup against the democratically elected government of Francisco I. Madero with the aid of other Mexican generals and the U.S. Ambassador to Mexico. Establishing a military dictatorship, his violent seizure of power set off a new wave of armed conflict in the Mexican Revolution. After a military career under President Porfirio Díaz and Interim President Francisco León de la Barra, Huerta became a high-ranking officer during the presidency of Madero during the first phase of the Mexican Revolution (1911–13). In February 1913, Huerta joined a conspiracy against Madero, who entrusted him to control a revolt in Mexico City. The Ten Tragic Days – actually fifteen days – saw the forced resignation of Madero and his vice president and their murders. The coup was backed by the German Empire as ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Francisco I
Francis I or Francis the First may refer to: People Kings and emperors * Francis I of France (1494–1547), King of France, reigned 1515–1547 * Francis I, Holy Roman Emperor (1708–1765), reigned 1745–1765 * Francis II, Holy Roman Emperor, also known as Francis I, Emperor of Austria, (1768–1835), reigned 1804–1835 * Francis I of the Two Sicilies (1777–1830), reigned 1825–1830 Dukes *Francis I, Duke of Brittany (1414–1450), reigned 1442–1450 * Francis I, Duke of Saxe-Lauenburg (1510–1581), reigned 1543–1571 * Francis I, Duke of Nevers (1516–1561), reigned 1539–1561 * Francis I, Duke of Lorraine (1517–1545), reigned 1544–1545 * Francesco I de' Medici, Grand Duke of Tuscany (1541–1587), reigned 1574–1587 * Francesco I d'Este, Duke of Modena (1610–1658), reigned 1644–1658 Others * Francesco I Gonzaga (1366–1407) * Francis I of Beauharnais (died 1587), leading noble of the French House of Beauharnais * Francis I Rákóczi (1645–1676), e ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mexican Revolution
The Mexican Revolution () was an extended sequence of armed regional conflicts in Mexico from 20 November 1910 to 1 December 1920. It has been called "the defining event of modern Mexican history". It saw the destruction of the Federal Army, its replacement by a Liberation Army of the South, revolutionary army, and the transformation of Mexican culture and Federal government of Mexico, government. The northern Constitutionalists in the Mexican Revolution, Constitutionalist faction prevailed on the battlefield and drafted the present-day Constitution of Mexico, which aimed to create a strong central government. Revolutionary generals held power from 1920 to 1940. The revolutionary conflict was primarily a civil war, but foreign powers, having important economic and strategic interests in Mexico, figured in the outcome of Mexico's power struggles; United States involvement in the Mexican Revolution, the U.S. involvement was particularly high. The conflict led to the deaths of around ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
