Tag Archive for History

Mother’s Day in the United States

All over the world every body celebrates the mother’s day let me share how the Americans celebrate the mother’s day in United States. The United States celebrate Mother’s Day on the second Sunday in May. In the United States , Mother’s Day was loosely inspired by the British day and was imported by social activist Julia Ward Howe after the American Civil War. However, it was intended as a call to unite women against war. In 1870, she wrote the Mother’s Day Proclamation as a call for peace and disarmament. Howe failed in her attempt to get official recognition of a Mother’s Day for Peace. Her idea was influenced by Ann Jarvis, a young Appalachian homemaker who, starting in 1858, had attempted to improve sanitation through what she called Mothers’ Work Days. She organized women throughout the Civil War to work for better sanitary environment for both sides, and in 1868 she began work to reunite Union and Confederate neighbors. In parts of the United States it is customary to plant tomatoes outdoors after Mother’s Day.

Jarvis was died in 1907 then her, named Anna Jarvis started the crusade to found a memorial day for women. The first Mother’s Day was celebrated on 10 may 1908 in Grafton, West Virginia in the church where the elder Ann Jarvis had taught Sunday school. Grafton is the home to the International Mother’s Day Shrine. After that it is spreading ultimately to 45 states. The holiday was declared officially by some states beginning in 1912. In 1914 President Woodrow Wilson declared the first national Mother’s Day, as a day for American citizens to show the flag in honor of those mothers whose sons had died in war. Nine years after the first official Mother’s Day, commercialization of the U.S holiday became so rampant that Anna Jarvis herself became a major opponent of what the holiday had become. Mother’s Day continues to this day to be one of the most commercially successful U.S occasions. According to the National Restaurant Association, Mother’s Day is now the most popular day of the year to dine out at a restaurant in the United States.

United States Securities and Exchange Commission – Part-2

The United States Securities and Exchange Commission (SEC) is a United States government agency having primary responsibility for enforcing the federal securities laws and regulating the securities industry/stock market. The SEC was created by section 4 of the Securities Exchange Act of 1934 (now codified as 15 U.S.C. § 78d and commonly referred to as the 1934 Act). In addition to the 1934 Act that created it, the SEC enforces the Securities Act of 1933, the Trust Indenture Act of 1939, the Investment Company Act of 1940, the Investment Advisers Act of 1940, the Sarbanes-Oxley Act of 2002 and other statutes.

Christopher Cox is the present chairman of the SEC. To President George He was appointed by President George W. Bush. President Franklin Delano Roosevelt appointed Joseph P. Kennedy, Sr., father of President John F. Kennedy, to serve as the first Chairman of the SEC. For a full list of SEC chairs and commissioners, see: Securities and Exchange Commission appointees. he sees: Assigned people of the Commission of securities and interchange. The SEC was established by the congress of the United States in 1934 like an independent one, an independent one, years of following quasi-judicial of the regulating agency near the excessive production caused depression of merchandise, the introduction of the consumer credit, and the great collapse of 1929. The main reason of the creation of the SEC was to regulate stock-market and to prevent corporative abuses referring the offer and the sale with securities and the corporative spreading. The SEC was given the energy to license and of regulating stock markets. At the moment, the SEC is responsible to administer six important laws that they govern the industry of securities. They are: the act of the 1933 securities, the act of interchange of 1934 securities, the act of the contract of 1939 confidence, the act of company of 1940 investment, the act of the advisors of investment of 1940 and, more recently possible one, the Sarbanes-Oxley Act of 2002.

The enforcement authority given by Congress allows the SEC to bring civil enforcement actions against individuals or companies found to have committed accounting fraud, provided false information, or engaged in insider trading or other violations of the securities law. The SEC also works with the agencies of the application of the penal right to also process individuals and to companies for the offenses that include a criminal violation. In order to reach their mandate, the SEC makes fulfill the requirement statutory that the public companies put under quarterly and annual information, as well as other periodic reports. In addition to annual financial information, the executives of the company must provide a narrative account, call the “discussion and analysis of the management” (MDA) that outlines the previous year of operations and explains how the company went in that period. The management generally also will touch in the next year, skirting the future goals and approaches to the new projects. In an attempt to make level the field that plays for all the investors, the SEC maintains a data base in line in line called EDGAR of what investors can have access to this and to the other information filed with the agency.

United States Securities and Exchange Commission -Part-1

States having the primary responsibility to impose the laws on the federal transferable securities and to regulate the values industry stock exchange. SEC was created by section 4 of the Securities Exchange Act of 1934 (now codified as a § 78d of 15 U.S.C. and generally aimed like the act 1934). In more of the Law 1934 which created it, dry the Law of values of 1933 imposes, the act of act of trust of 1939, the Law of Investment Company of 1940, the act of Investment Advisers of 1940, the act of Sarbanes-Oxley of 2002 The United States Securities and Exchange Commission (SEC) is a government agency of the United and other statutes. Christopher Cox is the current President of SEC. It was named by President George W. Bush. President Franklin Delano Roosevelt named Joseph P. Kennedy, the Sr, and father of the President John F Kennedy, with being useful of the first President of SEC. For a full list of chairs and police chiefs of SEC, see: Interested of the Commission of values and exchange.

SEC was established by the congress of the United States in 1934 like independent years following, independent, quasi-legal of organization of standardization of the production finished close caused by depression of the goods, introduction of credit rating of the consumer, and great crash of 1929. The principal reason of the creation of SEC was to regulate the stock exchange market and to prevent Abuses Corporation concerning the offer and the sale of the values and the report of corporation. SEC was indicated the power to authorize and regulate the Stock Markets. Currently, SEC is responsible to manage six principal laws which govern the market of the transferable securities. They are: the act of values of 1933, the Securities Exchange Act of 1934, the act of act of trust of 1939, the Law of Investment Company of 1940, the act of advisers in investment of 1940 and, most recently, the act of Sarbanes-Oxley of 2002.

The authority of application given by Congress grants SEC to bring civil proceedings of application counters individuals or companies proven to have the made fraud of accountancy, if the information false, or occupied in the trade of initiate or other violations of the law on the transferable securities. SEC also works with agencies of application of criminal law to continue of the same individuals and companies for offences which include a criminal violation. To carry out its mandate, SEC forces the statutory condition that the limited companies submit quarterly and annual reports, as well as of other periodic reports/ratios. As an element of the annual condition of report, the senior executive of the company must provide a narrative account in more of the numbers called the discussion and the analysis which provides an overall picture of the previous year of the operations and how from management the company went during this time of time. Management will usually also touch the next year, describing future goals and approaches with new projects. In order to try to level the field of play for all the investors, SEC maintains a data base in line called EDGAR (the system of gathering, analysis, and recovery of electronic data) in line of which investors can reach this and with any other information classified with the agency. SEC writes reports/ratios available to the public by the intermediary of the system of EDGAR. SEC also offers publications on investment-related matters for public education. The same interactive system also takes ends and complaints of the investors to help dry to detect transgressors of the laws on the transferable securities

Pre-1945 Asia Economy

The economy of Asia comprises more than 4 billion people (60% of the world population), living in 46 different states. Six further states lie partly in Asia, but are considered to belong to another region economically and politically. As in all world regions, the wealth of Asia differs widely between, and within, states. This is due to its vast size, meaning a huge range of differing cultures, environments, historical ties and government systems. The greatest economies in Asia in terms of nominal GDP are Japan, China and India. The economies extend from Japan, like economy in the second place largest of the world by the nominal GDP, Cambodia as one of the poorest. In terms of GDP per purchasing power parity, China has the greatest economy in Asia and the second greater economy in the world, follow-up of Japan and India like economies of the world third and larger fourth respectively. South Korea also has one of the greatest economies in the world being 10th the larger in the world by the nominal GDP. One expects that South Korea have a greater economy than France from here 2020. Before the Second World War, the major part of Asia was according to the colonial rule. Only relatively few states managed to remain independent vis-à-vis with the constant pressure exerted by power of European. Such examples are Siam and Japan. Japan in particular managed to develop its economy due to a reform at the 19th century.

The reform was complete and is known today like Meiji Restoration. The Japanese economy continued to develop well in the 20th century and its economic growth created various lacks of resources essential with the economic growth. Consequently, the Japanese expansion started with a great area of Korea and China was annexed and thus, making it possible to the Japanese to fix the strategic resources. At the same time, the Southeast Asia was to thrive due to the trade and the introduction of various news technologies of this time. The volume of exchanges continued to increase with the opening of Suez Canal in the 1860s. Manila had its gallion or Manila gallion wherein products from the Philippines were traded to Europe. The Philippines was the first Asian country to trade with Latin America via Acapulco. Tobacco, coconut, corn, and sugar trade was the most in demand during that time. Singapore, founded in 1819, rose to prominence as trade between the east and the west increased at an incredible rate. The British colony of Malaya, now area of Malaysia, was the largest producer of the world of tin and rubber.

The Indies is Dutch, Indonesia, in addition, was now known for its production of spices. The British and the Netherlander created their own trading companies to control their commercial trade flow in Asia. The English created British East India Company while the Netherlander formed Dutch East India Company. The two companies maintained the monopolies commercial their respective colonies. In 1908, the crude oil was discovered the first time in Persia, day modern Iran. Afterwards, much of oil reservoirs were discovered and it was learned later than the Middle East has the greatest oil actions of the world. This returned the rules of the very rich Arab nations although the socio-economic development in this area trailed behind. At the beginning of the Thirties, the world underwent a total economic depression, now known under the name of great depression. Asia was not saved, and suffered the same pain as Europe and the United States. The volume of exchanges clearly decreased all around Asia and indeed the world. With a demand for fall, prices of various goods starting to fall and promote people have the country and the Foreigners impoverished in the same way. In 1941, Japan Malaya invaded and thus began the Second World War in Asia.

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Economy of Asia During 1945-1990

Following World War II, the People’s Republic of China and India, which account for half of the population of Asia, adopted socialist policies. These policies limited the economic growth of the region. In contrast, the economies of superiors Japan, South Korea and the other tigers Taiwan, Singapore, and Hong Kong–were economic successes, and the only successful economies outside of North America, Western Europe and Australia. The Philippines was from Post World War II until the late 1960s had the second largest economies in Asia. The Philippine economy during the 1980s was marked by stagnant growth as a result of dictatorship and martial law. One of the most pronounced Asian economic phenomonons during this time – the Japanese economic postwar miracle – were completely unexpected by the remainder of the world. In the fifties and in the sixties Japan was seen largely by the financial world as A backwards, impoverished nation, with its financial system in the Shambles.

During this time under central guidance of the Japanese government, the entire economy went through a remarkable restructuring. Close cooperation between the government, corporations and banks facilitated easy access to much-needed capital, and large conglomerates known as keiretsu spurred horizontal and vertical integration across all industries, keeping out foreign competition. These political guidelines, additionally to giving the military expenditure up, worked phenomenal well. Up to the center of the 70s, it seemed that extraordinary happened somewhat – Japanese Corporations exported high quality products. Another evenly amazing economic success history is from South Korea. The country impoverished left after the Korean War, nevertheless in that was to recover at the number percentage shares. Many conglomerates, like Samsung, chassis, Hyundai, Kia, more iRiver and more grew tremendously during this period. South Korea became now the wired and high tech world country in the world. This period was marked also by military conflict. The wars, which were driven by the cold war, primarily into Viet Nam and into Afghanistan, ruined the economic systems of these respective nations. When the Soviet connection collapsed 1990-91, many central Asian being entitled freely were cut and forced, in order to adapt pressure for democratic and economic change. Also several the allied one of the USSR lost valuable aids and the financing.

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