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No. No. No. (Margaret Thatcher)
"No. No. No." was the response of British prime minister Margaret Thatcher to European Commission president Jacques Delors's proposals for European integration at the October 1990 European Council summit meeting in Rome. Her remarks led to the resignation of deputy prime minister Geoffrey Howe and the ensuing Conservative Party leadership election in which Thatcher was ousted. Background On 30 October 1990, a day after returning from the European Council summit meeting in Rome, Thatcher delivered a statement to the House of Commons on the summit. Both her foreign secretary Geoffrey Howe and chancellor Nigel Lawson had threatened resignation the previous year if Thatcher did not agree to let Britain join the European Exchange Rate Mechanism. Thatcher subsequently replaced Howe as foreign secretary, appointing him leader of the House and deputy prime minister. At the summit, Thatcher went against her cabinet's joint position by rejecting Britain's membership of any future arrang ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
President Of The European Commission
The president of the European Commission is the head of the European Commission, the executive branch of the European Union (EU). The President of the Commission leads a Cabinet of Commissioners, referred to as the College, collectively accountable to the European Parliament. The President is empowered to allocate portfolios among, reshuffle, or dismiss Commissioners as necessary. The College directs the Commission's civil service, sets the policy agenda and determines the legislative proposals it produces. The Commission is the only body that can propose bills to become EU laws. The Commission president also represents the EU abroad, together with the President of the European Council and the High Representative of the Union for Foreign Affairs and Security Policy. The post was established in 1958. Each new President is nominated by the European Council and elected by the European Parliament, for a five-year term. The president of the Commission also delivers an annual Sta ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Delors Commission
The Delors Commission was the administration of Jacques Delors, the eighth President of the European Commission. Delors presided over the European Commission for three terms (though the last one lasted for around a year). The first term lasted from 1985 to 1988, the second until 1992 and the final one until 1994, making Delors the longest serving president, and his Commission is also seen as the most successful at advancing European integration. It was the only Commission to serve three times, and Delors served five two-year terms (as they were then). The third Commission was the first Commission of the European Union, the Maastricht Treaty having come into force in 1993. History The European Commissions led by Jacques Delors are regarded by some as the most successful in the European Union's history at advancing integration. Delors himself became an icon of Euro-federalists and widely disliked by Eurosceptics, especially in Britain. Entrance Delors entered office when eurosc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Back Benches
''Back Benches'' was a New Zealand political interview show, presented by Wallace Chapman and Damian Christie. It was primarily filmed at the Backbencher pub, across the street from Parliament Buildings in Wellington. The show was cancelled on TVNZ 7 in July 2012 when the station was shut down, being replaced with TV ONE +1, a timeshift of TV ONE. The final three episodes were filmed at the Shepherd's Arms Hotel after an after-hours kitchen fire at the Backbencher pub rendered it unusable. In August 2012, Prime TV expressed interest in reviving the series with a similar format. On 13 September 2012, it was confirmed that Prime would be bringing the show back in February 2013 by one of the show's hosts, Wallace Chapman. On 27 March 2013, the start date for the new series was confirmed as 10 April 2013 by Wallace Chapman and Damian Christie. On 28 September 2017, it was announced by the producer Caroline Brunner on Twitter that ''Back Benches'' had aired its final show. The p ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Conservative Party (UK)
The Conservative Party, officially the Conservative and Unionist Party and also known colloquially as the Tories, is one of the Two-party system, two main political parties in the United Kingdom, along with the Labour Party (UK), Labour Party. It is the current Government of the United Kingdom, governing party, having won the 2019 United Kingdom general election, 2019 general election. It has been the primary governing party in Britain since 2010. The party is on the Centre-right politics, centre-right of the political spectrum, and encompasses various ideological #Party factions, factions including One-nation conservatism, one-nation conservatives, Thatcherism, Thatcherites, and traditionalist conservatism, traditionalist conservatives. The party currently has 356 Member of Parliament (United Kingdom), Members of Parliament, 264 members of the House of Lords, 9 members of the London Assembly, 31 members of the Scottish Parliament, 16 members of the Senedd, Welsh Parliament, 2 D ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Charles Moore, Baron Moore Of Etchingham
Charles Hilary Moore, Baron Moore of Etchingham (born 31 October 1956) is an English journalist and a former editor of ''The Daily Telegraph'', ''The Spectator'' and ''The Sunday Telegraph''; he still writes for all three. He is known for his authorised biographyCharles Moor"Radical, egotistical, romantic, innocent – the real Margaret Thatcher" ''The Daily Telegraph'', 19 April 2013 of Margaret Thatcher, published in three volumes (2013, 2016 and 2019). Under the government of Boris Johnson, in July 2020 Moore was given a peerage and made a member of the House of Lords. Early life Moore was born in Hastings, East Sussex. He is from a Liberal family. His mother Ann (nee Miles) was a county councillor for the Liberal Party in Sussex and his father Richard was a leader writer on the ''News Chronicle'', who unsuccessfully stood for the party at several general elections. While at Eton in 1974 Moore wrote about his membership of the Liberals in the ''Eton Chronicle'' and also a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Labour Government, 1974–1979
The Labour Party governed the United Kingdom of Great Britain and Northern Ireland from 1974 to 1979. During this period, Harold Wilson and James Callaghan were successively appointed as Prime Minister by Queen Elizabeth II. The end of the Callaghan ministry was presaged by the Winter of Discontent, a period of serious industrial discontent. This was followed by the election of Conservative leader Margaret Thatcher in 1979. Historian Kenneth O. Morgan states: The government consisted of three ministries: the third and fourth Wilson ministry, and then the Callaghan ministry. __TOC__ History Formation After the February 1974 general election, no party had a majority of seats. The incumbent Conservative Party won the popular vote, but Labour took a plurality of seats. Edward Heath, the Conservative Prime Minister, attempted to negotiate a coalition agreement with the Liberal Party, but resigned as Prime Minister after failing to do so. The Labour Party, led by Harold Wilson ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1976 Sterling Crisis
The 1976 sterling crisis was a currency crisis in the United Kingdom. Inflation (at close to 25% in 1975, causing high bond yields and borrowing costs), a balance of payments deficit, a public spending deficit, and the 1973 oil crisis were contributors. The origins of the crisis are traced to the 1972 Conservative "spend for growth" budget that initiated the inflation cycle. James Callaghan's Labour government had to borrow $3.9 billion from the International Monetary Fund (IMF), with the intention of maintaining the value of sterling. At the time this was the largest loan ever to have been requested from the IMF. History Initiation of the inflationary cycle is traced to Anthony Barber's 1972 budget which was designed to return the Conservatives to power in an election expected in 1974 or 1975. This budget led to a brief period growth known as "The Barber Boom," followed by a wage-price spiral, high inflation and currency depreciation, culminating in the 1976 st ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Central Bank
A central bank, reserve bank, or monetary authority is an institution that manages the currency and monetary policy of a country or monetary union, and oversees their commercial banking system. In contrast to a commercial bank, a central bank possesses a monopoly on increasing the monetary base. Most central banks also have supervisory and regulatory powers to ensure the stability of member institutions, to prevent bank runs, and to discourage reckless or fraudulent behavior by member banks. Central banks in most developed nations are institutionally independent from political interference. Still, limited control by the executive and legislative bodies exists. Activities of central banks Functions of a central bank usually include: * Monetary policy: by setting the official interest rate and controlling the money supply; *Financial stability: acting as a government's banker and as the bankers' bank ("lender of last resort"); * Reserve management: managing a country's ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pound Sterling
Sterling (abbreviation: stg; Other spelling styles, such as STG and Stg, are also seen. ISO code: GBP) is the currency of the United Kingdom and nine of its associated territories. The pound ( sign: £) is the main unit of sterling, and the word "pound" is also used to refer to the British currency generally, often qualified in international contexts as the British pound or the pound sterling. Sterling is the world's oldest currency that is still in use and that has been in continuous use since its inception. It is currently the fourth most-traded currency in the foreign exchange market, after the United States dollar, the euro, and the Japanese yen. Together with those three currencies and Renminbi, it forms the basket of currencies which calculate the value of IMF special drawing rights. As of mid-2021, sterling is also the fourth most-held reserve currency in global reserves. The Bank of England is the central bank for sterling, issuing its own banknotes, and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Single Currency
A currency union (also known as monetary union) is an intergovernmental agreement that involves two or more states sharing the same currency. These states may not necessarily have any further integration (such as an economic and monetary union, which would have, in addition, a customs union and a single market). There are three types of currency unions: * ''Informal'' – unilateral adoption of a foreign currency. * ''Formal'' – adoption of foreign currency by virtue of bilateral or multilateral agreement with the monetary authority, sometimes supplemented by issue of local currency in currency peg regime. * ''Formal with common policy'' – establishment by multiple countries of a common monetary policy and monetary authority for their common currency. The theory of the optimal currency area addresses the question of how to determine what geographical regions should share a currency in order to maximize economic efficiency. Advantages and disadvantages Implementing a new c ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
