Bank of England Rational Expectations Hypothesis as promulgated by Walters The handing over of monetary policy to the Bank had been a key plank of the Liberal Democrats' economic policy since the 1992 general election. Conservative MP Nicholas Budgen had also proposed this as a private member's bill in 1996, but the bill failed as it had the support of neither the government nor the opposition. Mark Carney assumed the post of Governor of the Bank of England on 1 July 2013. He succeeded Mervyn King, who took over on 30 June 2003. Carney, a Canadian, will serve an initial five-year term rather
Jordanian annexation of the West Bank he was discussing a peace treaty with Israel. The trial found that this assassination had been planned by Colonel Abdullah el-Tell, ex-military governor of Jerusalem, and Musa Abdullah Husseini. He was succeeded by his grandson King Hussein of Jordan once he came of age in 1953, after his father Talal's brief reign. Unlike any other Arab country to which they fled after the 1948 Arab–Israeli War, Palestinian refugees in the West Bank (and on the East Bank) were given Jordanian citizenship on the same basis as existing residents. However, many of the refugees continued to live in camps and relied