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The Nixon shock was the effect of a series of economic measures, including wage and price freezes, surcharges on imports, and the unilateral cancellation of the direct international convertibility of the United States dollar to gold, taken by United States President Richard Nixon on 15th August 1971 in response to increasing inflation.
It is one of the top 10 most valuable corporations, [9] and is named the 31st-largest public company in the world on the Forbes Global 2000 2020 list. [10] In January 2018, Alibaba became the second Asian company to break the US$500 billion valuation mark, after its competitor Tencent . [ 11 ]
In the United Kingdom, "Ray of Light" debuted with 76,000 copies and peaked at number two on May 9, 1998, being held off from the number one spot by All Saints's "Under the Bridge / Lady Marmalade", which also debuted the same week with about 31,000 more copies than "Ray of Light.
In October 1973, the Organization of Arab Petroleum Exporting Countries (OAPEC) announced that it was implementing a total oil embargo against the countries who had supported Israel at any point during the 1973 Yom Kippur War, which began after Egypt and Syria launched a large-scale surprise attack in an ultimately unsuccessful attempt to recover the territories that they had lost to Israel ...
The Federal National Mortgage Association (FNMA), commonly known as Fannie Mae, is a United States government-sponsored enterprise (GSE) and, since 1968, a publicly traded company.
1 (one, unit, unity) is a number, numeral, and glyph. 1 is the first and smallest positive integer of the infinite sequence of natural numbers.This fundamental property has led to its unique uses in other fields, ranging from science to sports, where it commonly denotes the first, leading, or top thing in a group. 1 is the unit of counting or measurement, a determiner for singular nouns, and a ...
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