Five Strategies to Support U.S. Democracy carnegieendowment.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from carnegieendowment.org Daily Mail and Mail on Sunday newspapers.
La grande fluctuation par Barry Eichengreen
BERKELEY - Le 15
août est rarement une journée mémorable. Certes, c est un 15 août qu eut lieu
l ouverture du festival de musique de Woodstock en 1969, et que le canal de
Panama s ouvrit au trafic en 1914. La plupart du temps, la mi-août reste
néanmoins une période de vacances pour les responsables politiques et leurs
compatriotes.
Le dimanche 15
août 1971 fait figure d exception. Ce soir-là, il y a 50 ans, à l issue de
trois jours de réunions de crises, le président Richard M. Nixon annonce que
les États-Unis mettent fin unilatéralement à l étalon-or, mécanisme financier
The logic of effective climate action japantimes.co.jp - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from japantimes.co.jp Daily Mail and Mail on Sunday newspapers.
The big float
Jun 26,2021 - Last updated at Jun 26,2021
BERKELEY August 15 is not a red-letter day on most calendars. True, August 15, 1969, was the first day of the Woodstock music festival. And the Panama Canal opened to traffic on August 15, 1914. Mostly, though, mid-August finds officials and others on holiday.
But not on Sunday, August 15, 1971. That evening 50 years ago, at the conclusion of three days of crisis meetings, President Richard M. Nixon announced that the United States was preemptively closing the “gold window”, the financial facility through which the country made gold available to foreign governments and central banks at $35 an ounce. To contemporaries and historians alike, Nixon’s announcement marked the end, or at least the beginning of the end, of the Bretton Woods international monetary and financial system. And that meant it marked the end, or at least the beginning of the end, of American economic and monetary hegemony. The postwar period when the
The big float jordantimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from jordantimes.com Daily Mail and Mail on Sunday newspapers.