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Transport in the Czech Republic relies on several main modes, including transport by road, rail, water and air.
The United States secretary of the treasury is the head of the United States Department of the Treasury, which is concerned with all financial and monetary matters relating to the federal government, and, until 2003, also included several major federal law enforcement agencies. The secretary of the treasury is the principal economic advisor to the president of the United States and plays a critical role in policy-making by bringing an economic and government financial policy perspective to issues facing the federal government. The secretary of the treasury is a member of the United States Cabinet, and is nominated by the president of the United States. Nominees for Secretary of the Treasury undergo a confirmation hearing before the United States Senate Committee on Finance, prior to a vote by the United States Senate.
A government bond or sovereign bond is an instrument of indebtedness issued by a national government to support government spending. It generally includes a commitment to pay periodic interest, called coupon payments, and to repay the face value on the maturity date. For example, a bondholder invests $20,000 into a 10-year government bond with a 10% annual coupon; the government would pay the bondholder 10% of the $20,000 each year. At the maturity date the government would give back the original $20,000.
Black Wednesday occurred on 16 September 1992 when the UK Government was forced to withdraw the pound sterling from the European Exchange Rate Mechanism (ERM), after a failed attempt to keep the pound above the lower currency exchange limit mandated by the ERM. At that time, the United Kingdom held the Presidency of the Council of the European Union.
Provence-Alpes-Côte d'Azur is one of the eighteen administrative regions of France, the far southeastern on the mainland. Its prefecture and largest city is Marseille. The region is roughly coterminous with the former French province of Provence, with the addition of the following adjacent areas: the former papal territory of Avignon, known as Comtat Venaissin; the former Sardinian-Piedmontese County of Nice, whose coastline is known in English as the French Riviera and in French as the Côte d'Azur; and the southeastern part of the former French province of Dauphiné, in the French Alps. Previously known by the acronym PACA, the region adopted the name Région Sud as a commercial name or nickname in December 2017. 5,007,977 people live in the region according to the 2015 census.
The national debt of the United States is the total national debt owed by the federal government of the United States to Treasury security holders. The national debt at any point in time is the face value of the then outstanding Treasury securities that have been issued by the Treasury and other federal government agencies. The terms "national deficit" and "national surplus" usually refer to the federal government budget balance from year to year, not the cumulative amount of debt. In a deficit year the national debt increases as the government needs to borrow funds to finance the deficit, while in a surplus year the debt decreases as more money is received than spent, enabling the government to reduce the debt by buying back some Treasury securities. In general, government debt increases as a result of government spending and decreases from tax or other receipts, both of which fluctuate during the course of a fiscal year. There are two components of gross national debt:
United States Treasury securities are government debt instruments issued by the United States Department of the Treasury to finance government spending as an alternative to taxation. Treasury securities are often referred to simply as Treasurys. Since 2012, U.S. government debt has been managed by the Bureau of the Fiscal Service, succeeding the Bureau of the Public Debt.
In finance, the yield curve is a graph which depicts how the yields on debt instruments - such as bonds - vary as a function of their years remaining to maturity. Typically, the graph's horizontal or x-axis is a time line of months or years remaining to maturity, with the shortest maturity on the left and progressively longer time periods on the right. The vertical or y-axis depicts the annualized yield to maturity.
The Westlink M7 or M7 Motorway, formerly Western Sydney Orbital, is a tolled urban motorway in Sydney and is a part of the Sydney Orbital Network. Owned by the NorthWestern Roads (NWR) Group, it connects three motorways: M5 South-West Motorway at Prestons, M4 Western Motorway at Eastern Creek and M2 Hills Motorway at Baulkham Hills. It opened on 16 December 2005, eight months ahead of schedule.
Hopwood Park services is a motorway service station in Bromsgrove, Worcestershire, England situated off Junction 2 of the M42 motorway on the A441 road to Redditch south of Birmingham. It opened in August 1999. Services include a Shell Petrol Station, Waitrose, Starbucks Coffee, WHSmith, and KFC.
A controlled-access highway is a type of highway that has been designed for high-speed vehicular traffic, with all traffic flow—ingress and egress—regulated. Common English terms are freeway, motorway and expressway. Other similar terms include throughway and parkway. Some of these may be limited-access highways, although this term can also refer to a class of highway with somewhat less isolation from other traffic.
The United Kingdom has a network of roads, of varied quality and capacity, totalling about 262,300 miles (422,100 km). Road distances are shown in miles or yards and UK speed limits are indicated in miles per hour (mph) or by the use of the national speed limit (NSL) symbol. Some vehicle categories have various lower maximum limits enforced by speed limiters. A unified numbering system is in place for Great Britain, whilst in Northern Ireland, there is no available explanation for the allocation of road numbers.
The economy of Montenegro is currently in a process of transition, as it navigates the impacts of the Yugoslav Wars, the decline of industry following the dissolution of the Socialist Federal Republic of Yugoslavia, and economic sanctions imposed by the United Nations.
This is a list of historical rate actions by the United States Federal Open Market Committee (FOMC). The FOMC controls the supply of credit to banks and the sale of treasury securities. The Federal Open Market Committee meets every two months during the fiscal year. At scheduled meetings, the FOMC meets and makes any changes it sees as necessary, notably to the federal funds rate and the discount rate. The committee may also take actions with a less firm target, such as an increasing liquidity by the sale of a set amount of Treasury bonds, or affecting the price of currencies both foreign and domestic by selling dollar reserves. Jerome Powell is the current chairperson of the Federal Reserve and the FOMC.
Single-price auctions are a pricing method in securities auctions that give all participants to issue the same purchase price. They can be perceived as modified Dutch auction. This method has been used since 1992 when it debuted as an experiment of the U.S. Treasury for all auctions of 2-year and 5-year notes. There is only one main difference between the multiple-price system and the single-price system. In the multiple-price format, the ranking of the desired yield and the amount stated by the competitive bidders is from the lowest to the highest yield and the amounts awarded are at the individual yields submitted by the participants. In the single-price format - all bids accepted by the Treasury are awarded at the same interest rate which is the highest yield of accepted competitive bids.
Attica is an administrative region of Greece, that encompasses the entire metropolitan area of Athens, the country's capital and largest city. The region is coextensive with the former Attica Prefecture of Central Greece. It covers a greater area than the historical region of Attica.
The M5, also known as Multan-Sukkur Motorway, is a north–south motorway in Pakistan, which connects Multan with Sukkur. This motorway is 392 km long and six lanes wide and was built as a part of China-Pakistan Economic Corridor.
The M12 Motorway, initially known as Western Sydney Airport Motorway, is a planned east-west motorway in Sydney, Australia, linking between the M7 Motorway and The Northern Road, as part of the Western Sydney Infrastructure Plan. The four-lane motorway is planned to be 14 km long and to be built at a cost of $1.75 billion. It is aimed at providing direct access from the M7 Westlink Motorway to the new Western Sydney Airport situated at Badgerys Creek.
The Bangkok−Ban Chang Motorway, designated Motorway Route 7, is a motorway in Thailand, connecting Bangkok to Chonburi, Pattaya, and Map Ta Phut. The country's first intercity motorway, it is part of the Asian Highway Network as AH Route 19 and AH Route 123. The entire length from Bangkok to Pattaya is 125.865 kilometres (78.209 mi) and the posted speed limit is 120 kilometres per hour (75 mph), enforced primarily by speed cameras. An extension between Pong and Map Tha Put opened in May 2020. It is part of the transport network development project in the eastern seaboard.
The 2020 stock market crash was a major and sudden global stock market crash that began on 20 February 2020 and ended on 7 April.
References
- ↑ "The Green Book" (PDF). p. 3.
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