United States
The United States has a capitalist mixed economy which is fueled by abundant natural resources and high productivity. According to the International Monetary Fund, the U.S. GDP of $16.8 trillion constitutes 24% of the gross world product at market exchange rates and over 19% of the gross world product at purchasing power parity (PPP).The nominal GDP of the U.S. is estimated to be $17.528 trillion as of 2014. From 1983 to 2008, U.S. real compounded annual GDP growth was 3.3%, compared to a 2.3% weighted average for the rest of the G7. The country ranks ninth in the world in nominal GDP per capita according to the United Nations (first in the Americas) and sixth in GDP per capita at PPP. The U.S. dollar is the world's primary reserve currency.The United States is the largest importer of goods and second-largest exporter, though exports per capita are relatively low. In 2010, the total U.S. trade deficit was $635 billion. Canada, China, Mexico, Japan, and Germany are its top trading partners. In 2010, oil was the largest import commodity, while transportation equipment was the country's largest export. Japan is the largest foreign holder of U.S. public debt. The largest holder of the U.S. debt are American entities, including federal government accounts and the Federal Reserve, who hold the majority of the debt.
Dates of establishment of diplomatic relations with the People's Republic of China
Since its founding in 1949, the People's Republic of China (PRC) has had a diplomatic tug - of - war with its rival in Taiwan, the Republic of China (ROC). Throughout the Cold War, both governments claimed to be the sole legitimate government of all China and allowed countries to recognize either one or the other. Until the 1970s, most Western countries recognized the ROC while the communist bloc and third world countries generally recognized the PRC. This gradually shifted and today only 19 UN member states recognize the ROC while the PRC is recognized by the United Nations and the majority (175) of sovereign states around the world and Palestine. Both the ROC and the PRC maintain the requirement of recognizing its view of the One - China policy to establish or maintain diplomatic relations.
Marshall Plan
The Marshall Plan (officially the European Recovery Program, ERP) was an American initiative to aid Western Europe, in which the United States gave over $13 billion (nearly $140 billion in 2017 dollars) in economic assistance to help rebuild Western European economies after the end of World War II. The plan was in operation for four years beginning on April 8, 1948. The goals of the United States were to rebuild war - torn regions, remove trade barriers, modernise industry, improve European prosperity, and prevent the spread of Communism. The Marshall Plan required a lessening of interstate barriers, a dropping of many regulations, and encouraged an increase in productivity, trade union membership, as well as the adoption of modern business procedures.
Cyprus
Since 1965, following clashes between the two communities, the Turkish Cypriot seats in the House remain vacant. In 1974 Cyprus was divided de facto when the Turkish army occupied the northern third of the island. The Turkish Cypriots subsequently declared independence in 1983 as the Turkish Republic of Northern Cyprus but were recognised only by Turkey. In 1985 the TRNC adopted a constitution and held its first elections. The United Nations recognises the sovereignty of the Republic of Cyprus over the entire island of Cyprus.
International Monetary Fund
The International Monetary Fund (IMF) is an international organization headquartered in Washington, D.C., consisting of ``189 countries working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world. ''Formed in 1945 at the Bretton Woods Conference primarily by the ideas of Harry Dexter White and John Maynard Keynes, it came into formal existence in 1944 with 29 member countries and the goal of reconstructing the international payment system. It now plays a central role in the management of balance of payments difficulties and international financial crises. Countries contribute funds to a pool through a quota system from which countries experiencing balance of payments problems can borrow money. As of 2016, the fund had SDR 477 billion (about $666 billion).
Detroit
In March 2013, Governor Rick Snyder declared a financial emergency in the city, stating that the city has a $327 million budget deficit and faces more than $14 billion in long-term debt. It has been making ends meet on a month-to-month basis with the help of bond money held in a state escrow account and has instituted mandatory unpaid days off for many city workers. Those troubles, along with underfunded city services, such as police and fire departments, and ineffective turnaround plans from Bing and the City Council led the state of Michigan to appoint an emergency manager for Detroit on March 14, 2013. On June 14, 2013 Detroit defaulted on $2.5 billion of debt by withholding $39.7 million in interest payments, while Emergency Manager Kevyn Orr met with bondholders and other creditors in an attempt to restructure the city's $18.5 billion debt and avoid bankruptcy. On July 18, 2013, the City of Detroit filed for Chapter 9 bankruptcy protection. It was declared bankrupt by U.S. judge Stephen Rhodes on December 3, with its $18.5 billion debt he said in accepting the city's contention that it is broke and that negotiations with its thousands of creditors were infeasible.
France
As of 2009, the World Trade Organization (WTO) reported France was the world's sixth largest exporter and the fourth largest importer of manufactured goods. As of 2016, the World Factbook ranked France seventh largest exporter. In 2008, France was the third largest recipient of foreign direct investment among OECD countries at $118 billion, ranking behind Luxembourg (where foreign direct investment was essentially monetary transfers to banks located there) and the United States ($316 billion), but above the United Kingdom ($96.9 billion), Germany ($25 billion), or Japan ($24 billion). In the same year, French companies invested $220 billion outside France, ranking France as the second largest outward direct investor in the OECD, behind the United States ($311 billion), and ahead of the UK ($111 billion), Japan ($128 billion) and Germany ($157 billion).Financial services, banking and the insurance sector are an important part of the economy. Three largest financial institutions cooperatively owned by their customers are located in France. The Paris stock exchange (French: La Bourse de Paris) is an old institution, created by Louis XV in 1724. In 2000, the stock exchanges of Paris, Amsterdam and Brussels merged into Euronext. In 2007, Euronext merged with the New York stock exchange to form NYSE Euronext, the world's largest stock exchange. Euronext Paris, the French branch of the NYSE Euronext group is Europe's 2nd largest stock exchange market, behind the London Stock Exchange.
International Monetary Fund
The International Monetary Fund (IMF) is an international organization headquartered in Washington, D.C., of ``189 countries working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world. ''Formed in 1944 at the Bretton Woods Conference primarily by the ideas of Harry Dexter White and John Maynard Keynes, it came into formal existence in 1945 with 29 member countries and the goal of reconstructing the international payment system. It now plays a central role in the management of balance of payments difficulties and international financial crises. Countries contribute funds to a pool through a quota system from which countries experiencing balance of payments problems can borrow money. As of 2016, the fund had SDR 477 billion (about $668 billion).
Cyprus
Cyprus (i/ˈsaɪprəs/; Greek: Κύπρος IPA: [ˈcipros]; Turkish: Kıbrıs IPA: [ˈkɯbɾɯs]), officially the Republic of Cyprus (Greek: Κυπριακή Δημοκρατία; Turkish: Kıbrıs Cumhuriyeti), is an island country in the Eastern Mediterranean Sea, off the coasts of Syria and Turkey.[e] Cyprus is the third largest and third most populous island in the Mediterranean, and a member state of the European Union. It is located south of Turkey, west of Syria and Lebanon, northwest of Israel and Palestine, north of Egypt and east of Greece.
Ministry of Science and Technology (India)
Ministry of Science and Technology Emblem of India Central overview Formed May 1971 Jurisdiction India Headquarters New Delhi Annual budget 2.1 billion US dollar (2017) Minister responsible Dr. Harsh Vardhan Central executive, Minister of Science and Technology Website dst.gov.in
Cyprus
The Republic of Cyprus has de jure sovereignty over the island of Cyprus and its surrounding waters, according to international law, except for the British Overseas Territory of Akrotiri and Dhekelia, administered as Sovereign Base Areas. However, the Republic of Cyprus is de facto partitioned into two main parts; the area under the effective control of the Republic, comprising about 59% of the island's area, and the north, administered by the self-declared Turkish Republic of Northern Cyprus, which is recognised only by Turkey, covering about 36% of the island's area. The international community considers the northern part of the island as territory of the Republic of Cyprus occupied by Turkish forces. The occupation is viewed as illegal under international law, amounting to illegal occupation of EU territory since Cyprus became a member of the European Union.
List of island countries
This is a list of island countries. An island is a land mass (smaller than a continent) that is surrounded by water. Many island countries are spread over an archipelago, as is the case with the Federated States of Micronesia and the Indonesia (which consists of thousands of islands). Others consist of a single island, such as Nauru, or part of an island, such as Haiti. Although Australia is designated as a continent, it is often referred to as an island, as it has no land borders. Some declared island countries are not universally recognized as politically independent, such as Northern Cyprus. Some states, such as Taiwan, officially claim to hold continental territories but are de facto limited to control over islands.
United Nations Security Council Resolution 573
United Nations Security Council resolution 573, adopted on 4 October 1985, after hearing a complaint by Tunisia, the Council condemned an air raid on the country by the Air Force of Israel on 1 October. The Palestine Liberation Organization (PLO) headquarters was targeted in the attack, after Israel had responded to the murder of three Israeli citizens in Cyprus.
Near East
The United Nations formulates multiple regional divisions as is convenient for its various operations. But few of them include a Near East, and that poorly defined. UNICEF recognizes the "Middle East and North Africa" region, where the Middle East is bounded by the Red Sea on the west and includes Iran on the east. UNESCO recognizes neither a Near East nor a Middle East, dividing the countries instead among three regions: Arab States, Asia and the Pacific, and Africa. Its division "does not forcibly reflect geography" but "refers to the execution of regional activities." The United Nations Statistics Division defines Western Asia to contain the countries included elsewhere in the Middle East. The Food and Agriculture Organization (FAO) describes its entire theatre of operations as the Near East, but then assigns many of its members to other regions as well; for example, Cyprus, Malta and Turkey are in both the European and the Near Eastern regions. Its total area extends further into Central Asia than that of most agencies.
Joe Lynam
During the height of the European debt crisis 2011-2012, Joe Lynam was business correspondent with Newsnight and travelled to Cyprus, Spain, Belgium, Italy and Ireland to cover the sense of fear in many Eurozone countries.
Economy of Texas
As a sovereign country (2016), Texas would be the 10th largest economy in the world by GDP (ahead of South Korea and Canada). Texas's household income was $48,259 in 2010 ranking 25th in the nation. The state debt in 2012 was calculated to be $121.7 billion, or $7,400 per taxpayer. Texas has the second largest population in the country after California.
ACA International
ACA International, formerly American Collectors Association, is a trade group located in the United States representing collection agencies, creditors, debt buyers, collection attorneys and debt collection industry service providers. The organization was founded in 1939 as the American Collectors Association and changed its name to ACA International in 2001. ACA is based in Minneapolis, Minnesota and Washington, D.C.
Headquarters of the United Nations
The site of the UN headquarters has extraterritoriality status. This affects some law enforcement where UN rules override the laws of New York City, but it does not give immunity to those who commit crimes there. In addition, the United Nations Headquarters remains under the jurisdiction and laws of the United States, although a few members of the UN staff have diplomatic immunity and so can not be prosecuted by local courts unless the diplomatic immunity is waived by the Secretary - General. In 2005, Secretary - General Kofi Annan waived the immunity of Benon Sevan, Aleksandr Yakovlev, and Vladimir Kuznetsov in relation to the Oil - for - Food Programme, and all were charged in the United States District Court for the Southern District of New York. Benon Sevan later fled the United States to Cyprus, while Aleksandr Yakovlev and Vladimir Kuznetsov decided to stand trial.
Marshall Plan
The Marshall Plan (officially the European Recovery Program, ERP) was an American initiative to aid Western Europe, in which the United States gave over $12 billion (nearly $100 billion in 2016 US dollars) in economic assistance to help rebuild Western European economies after the end of World War II. The plan was in operation for four years beginning on April 3, 1948. The goals of the United States were to rebuild war - torn regions, remove trade barriers, modernize industry, improve European prosperity, and prevent the spread of Communism. The Marshall Plan required a lessening of interstate barriers, a dropping of many regulations, and encouraged an increase in productivity, trade union membership, as well as the adoption of modern business procedures.
Economy of Greece
In terms of ship categories, Greek companies have 22.6% of the world's tankers and 16.1% of the world's bulk carriers (in dwt). An additional equivalent of 27.45% of the world's tanker dwt is on order, with another 12.7% of bulk carriers also on order. Shipping accounts for an estimated 6% of Greek GDP, employs about 160,000 people (4% of the workforce), and represents 1/3 of the country's trade deficit. Earnings from shipping amounted to €14.1 billion in 2011, while between 2000 and 2010 Greek shipping contributed a total of €140 billion (half of the country's public debt in 2009 and 3.5 times the receipts from the European Union in the period 2000–2013). The 2011 ECSA report showed that there are approximately 750 Greek shipping companies in operation.
How much debt in billions does the country where the headquarters of the organization that recognizes Cyprus' sovereignty is located have in trade?
What organization recognizes the sovereignty of the Republic of Cyprus?
The United Nations
the country where the headquarters of #1 is located
the United States
How many billions of dollars is #2 in debt in the category of trade?
635