Baring Crisis
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Baring Crisis
The Baring crisis or the Panic of 1890 was an acute recession. Although less serious than other panics of the era, it is the nineteenth century’s most famous sovereign debt crisis, and the 17th largest decline in U.S. stock market history. Background The crisis was precipitated by the near insolvency of Barings Bank in London. Barings, led by Edward Baring, 1st Baron Revelstoke, faced bankruptcy in November 1890 due mainly to excessive risk-taking on poor investments in Argentina. Argentina itself suffered severely in the recession of 1890 with its real GDP falling by 11 percent between 1890 and 1891, An international consortium assembled by William Lidderdale, governor of the Bank of England, including Rothschilds and most of the other major London banks, created a fund to guarantee Barings' debts, thereby averting a larger depression. Nathan Rothschild remarked that if this had not happened, perhaps the entire private banking system of London would have collapsed which would ...
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Ernesto De La Cárcova - Sin Pan Y Sin Trabajo
Ernesto, form of the name Ernest in several Romance languages, may refer to: * Ernesto (novel), ''Ernesto'' (novel) (1953), an unfinished autobiographical novel by Umberto Saba, published posthumously in 1975 ** Ernesto (film), ''Ernesto'' (film), a 1979 Italian drama loosely based on the novel * Hurricane Ernesto (other), several hurricanes or People *Ernesto Abella, Filipino businessman, politician, and writer *Ernesto Aguero (born 1969), Cuban weightlifter *Ernesto Alonso (1917–2007), Mexican actor, director, cinematographer, and producer *Ernesto Amantegui Phumipha (born 1990), Thai footballer *Ernesto Basile (1857–1932), Italian architect *Ernesto Cesàro (1859–1906), Italian mathematician *Ernesto De Curtis (1875–1937), Italian composer *Ernesto Farías (born 1980), Argentine footballer *Ernesto Figueiredo (born 1937), also known as "Ernesto", Portuguese footballer *Che Guevara, Ernesto Guevara de la Serna (1928–1967), also known as "El Che" or "Che Guevara" ...
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Ethnic Groups In Europe
Europeans are the focus of European ethnology, the field of anthropology related to the various ethnic groups that reside in the List of sovereign states and dependent territories in Europe, states of Europe. Groups may be defined by common genetic ancestry, common language, or both. Pan and Pfeil (2004) count 87 distinct "''peoples of Europe''", of which 33 form the majority population in at least one sovereign state, while the remaining 54 constitute ethnic minority, ethnic minorities. The total number of national minority populations in Europe is estimated at 105 million people, or 14% of 770 million Europeans.Christoph Pan, Beate Sibylle Pfeil (2002), Minderheitenrechte in Europa. Handbuch der europäischen Volksgruppen', Braumüller, (Google Books, snippet view). Als2006 reprint by Springer(Amazon, no preview) . The Russians are the most populous among Europeans, with a population of roughly 120 million. There are no universally accepted and precise definitions of the term ...
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1890 In International Relations
Year 189 (Roman numerals, CLXXXIX) was a common year starting on Wednesday (link will display the full calendar) of the Julian calendar. At the time, it was known as the Year of the Consulship of Silanus and Silanus (or, less frequently, year 942 ''Ab urbe condita''). The denomination 189 for this year has been used since the early medieval period, when the Anno Domini calendar era became the prevalent method in Europe for naming years. Events By place Roman Empire * Plague (possibly smallpox) kills as many as 2,000 people per day in Ancient Rome, Rome. Farmers are unable to harvest their crops, and food shortages bring riots in the city. China * Liu Bian succeeds Emperor Ling of Han, Emperor Ling, as Chinese emperor of the Han dynasty, Han Dynasty. * Dong Zhuo has Liu Bian deposed, and installs Emperor Xian of Han, Emperor Xian as emperor. * Two thousand Eunuch (court official), eunuchs in the palace are slaughtered in a violent purge in Luoyang, the capital of Han ...
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1890 In Economics
Year 189 ( CLXXXIX) was a common year starting on Wednesday (link will display the full calendar) of the Julian calendar. At the time, it was known as the Year of the Consulship of Silanus and Silanus (or, less frequently, year 942 ''Ab urbe condita''). The denomination 189 for this year has been used since the early medieval period, when the Anno Domini calendar era became the prevalent method in Europe for naming years. Events By place Roman Empire * Plague (possibly smallpox) kills as many as 2,000 people per day in Rome. Farmers are unable to harvest their crops, and food shortages bring riots in the city. China * Liu Bian succeeds Emperor Ling, as Chinese emperor of the Han Dynasty. * Dong Zhuo has Liu Bian deposed, and installs Emperor Xian as emperor. * Two thousand eunuchs in the palace are slaughtered in a violent purge in Luoyang, the capital of Han. By topic Arts and sciences * Galen publishes his ''"Treatise on the various temperaments"'' (aka ''O ...
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History Of Banking
The history of banking began with the first prototype banks, that is, the merchants of the world, who gave grain loans to farmers and traders who carried goods between cities. This was around 2000 BCE in Assyria, India and Sumeria. Later, in ancient Greece and during the Roman Empire, lenders based in temples gave loans, while accepting deposits and performing the change of money. Archaeology from this period in ancient China and India also shows evidence of money lending. Many scholars trace the historical roots of the modern banking system to medieval and Renaissance Italy, particularly the affluent cities of Florence, Venice and Genoa. The Bardi and Peruzzi Families dominated banking in 14th century Florence, establishing branches in many other parts of Europe. Hoggson, N. F. (1926) ''Banking Through the Ages'', New York, Dodd, Mead & Company. The most famous Italian bank was the Medici Bank, established by Giovanni Medici in 1397.Goldthwaite, R. A. ''Banks, Places and Entr ...
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Financial Crises
A financial crisis is any of a broad variety of situations in which some financial assets suddenly lose a large part of their nominal value. In the 19th and early 20th centuries, many financial crises were associated with banking panics, and many recessions coincided with these panics. Other situations that are often called financial crises include stock market crashes and the bursting of other financial bubbles, currency crises, and sovereign defaults. Financial crises directly result in a loss of paper wealth but do not necessarily result in significant changes in the real economy (e.g. the crisis resulting from the famous tulip mania bubble in the 17th century). Many economists have offered theories about how financial crises develop and how they could be prevented. There is no consensus, however, and financial crises continue to occur from time to time. Types Banking crisis When a bank suffers a sudden rush of withdrawals by depositors, this is called a ''bank run''. Si ...
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1890s Economic History
Year 189 ( CLXXXIX) was a common year starting on Wednesday (link will display the full calendar) of the Julian calendar. At the time, it was known as the Year of the Consulship of Silanus and Silanus (or, less frequently, year 942 ''Ab urbe condita''). The denomination 189 for this year has been used since the early medieval period, when the Anno Domini calendar era became the prevalent method in Europe for naming years. Events By place Roman Empire * Plague (possibly smallpox) kills as many as 2,000 people per day in Rome. Farmers are unable to harvest their crops, and food shortages bring riots in the city. China * Liu Bian succeeds Emperor Ling, as Chinese emperor of the Han Dynasty. * Dong Zhuo has Liu Bian deposed, and installs Emperor Xian as emperor. * Two thousand eunuchs in the palace are slaughtered in a violent purge in Luoyang, the capital of Han. By topic Arts and sciences * Galen publishes his ''"Treatise on the various temperaments"'' (aka ''O ...
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Economic History Of The United Kingdom
The economic history of the United Kingdom relates the economic development in the British state from the absorption of Wales into the Kingdom of England after 1535 to the modern United Kingdom of Great Britain and Northern Ireland of the early 21st century. Scotland, England, and Wales shared a monarch from 1601 but their economies were run separately until they were unified in the 1707 Act of Union. Ireland was incorporated in the United Kingdom economy between 1800 and 1922; from 1922 the Irish Free State (the modern Republic of Ireland) became independent and set its own economic policy. Great Britain, and England in particular, became one of the most prosperous economic regions in the world between the late 1600s and early 1800s as a result of being the birthplace of the industrial revolution that began in the mid-eighteenth century. The developments brought by industrialization resulted in Britain becoming the premier European and global economic, political, and military ...
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Economic Crises In The United States
An economy is an area of the production, distribution and trade, as well as consumption of goods and services. In general, it is defined as a social domain that emphasize the practices, discourses, and material expressions associated with the production, use, and management of scarce resources'. A given economy is a set of processes that involves its culture, values, education, technological evolution, history, social organization, political structure, legal systems, and natural resources as main factors. These factors give context, content, and set the conditions and parameters in which an economy functions. In other words, the economic domain is a social domain of interrelated human practices and transactions that does not stand alone. Economic agents can be individuals, businesses, organizations, or governments. Economic transactions occur when two groups or parties agree to the value or price of the transacted good or service, commonly expressed in a certain currency. Howev ...
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Ripper Street
''Ripper Street'' is a British mystery drama television series set in Whitechapel in the East End of London starring Matthew Macfadyen, Jerome Flynn, Adam Rothenberg, and MyAnna Buring. It begins in 1889, six months after the infamous Jack the Ripper murders. The first episode was broadcast on 30 December 2012, during BBC One's Christmas schedule, and was first broadcast in the United States on BBC America on 19 January 2013. ''Ripper Street'' returned for a second eight-part series on 28 October 2013. On 4 December 2013, it was reported that a third series would not be made due to low viewing figures for the second series. Then on 11 December 2013, ''Variety'' reported negotiations between the show's producer Tiger Aspect and LoveFilm to fund future episodes, similar to Netflix's funding episodes of ''Arrested Development''. On 26 February 2014, it was confirmed that Amazon Video would resurrect the show. Filming began in May 2014. The third series began streaming on Amazon UK ...
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Iain Pears
Iain George Pears (born 8 August 1955) is an English art historian, novelist and journalist. Personal life Pears was born on 8 August 1955 in Coventry, England. He was educated at Warwick School, an all-boys public school in Warwick. He studied at Wadham College, Oxford, graduating with a Bachelor of Arts (BA) degree, and at Wolfson College, Oxford, graduating with a Doctor of Philosophy (DPhil) degree. In 1985, Pears married Ruth Harris, a historian and academic. Together they have two sons. He currently lives with his wife and children in Oxford. Career Before writing, he worked as a reporter for the BBC, Channel 4 (UK) and ZDF (Germany) and correspondent for Reuters from 1982 to 1990 in Italy, France, UK and US. In 1987 he became a Getty Fellow in the Arts and Humanities at Yale University. Pears first came to international prominence with his best selling book ''An Instance of the Fingerpost'' (1997), which was translated into several languages. He is known for experimen ...
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Stone's Fall
''Stone's Fall'' is a 2009 historical-mystery novel by Iain Pears. Synopsis An ageing BBC reporter approaching retirement in 1953, Matthew Braddock is on a farewell tour, visiting the old Paris bureau. Chancing upon a familiar name in the obituary notices, he decides to attend the funeral of an acquaintance he has not seen for many years. After the service, he is approached by a stranger who introduces himself as the deceased woman's solicitor. He surprises Braddock with the information that the firm has been holding a package for many years, addressed to him, with instructions to deliver it only after this woman's death. Later, on his trip back to London, Braddock reminisces about those days of his youth in 1909, when he met the beautiful and mysterious Elizabeth. Equally mysterious was the death (and life) of her husband, Baron Ravenscliff, born John William Stone. Later, Braddock opens the long-delayed package to find a pair of extraordinary manuscripts. These two documents, w ...
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