World War I 1919 Paris Peace Conference. The formation of the League of Nations was intended to prevent another world war, but for various reasons failed to do so. The rise of the Nazi Party and their central role in World War II led to a focus on how the Treaty of Versailles affected Germany, but the peace treaties in addition to various secret agreements during the war also transformed borders throughout Europe, Asia and the Middle East, with repercussions that still echo to this day. The term "First World War" was first used in September 1914 by German biologist and philosopher Ernst
Treaty of Peace with Italy, 1947 Treaty of Peace with Italy, 1947 The Treaty of Peace with Italy (one of the Paris Peace Treaties) was signed on 10 February 1947 between Italy and the victorious powers of World War II, formally ending hostilities. It came into general effect on 15 September 1947. Italy Counterpart: Italian Somaliland was under British administration until 1949 when it became a United Nations Trust Territory under Italian administration. Italian Somaliland combined with British Somaliland on 1 July 1960 and together they became the Somali Republic. Italy was obliged to pay the following war reparations (article 74): The amounts were valued in