Bank of Mozambique created Government of Mozambique took over, without compensation, the Mozambican operations of Banco Nacional Ultramarino, a Portuguese colonial bank that had been acting as the bank of issue for the colony. This became the nucleus of Bank of Mozambique. In 1977 the government also nationalized almost all banks in the country, including the Casa Bancária de Moçambique, and the Mozambican operations of Banco de Crédito, Comercial e Industrial and Banco Comercial de Angola, and merged them into Bank of Mozambique. At the same time it closed the operations of Banco de Fomento Nacional and Banco Pinto e Sotto Mayor. (The
1851 Boundary Treaty (Brazil–Uruguay) 1851 Boundary Treaty (Brazil–Uruguay) The 1851 Boundary Treaty established between Brazil and Uruguay as a result of the Uruguayan Civil War and conflicts with Brazil and Argentina; the result of the treaty was a step towards the acceptance of Uruguay's independence from neighboring territories. Uruguay rewarded Brazil's financial and military support by signing five treaties in 1851 that provided for perpetual alliance between the two countries. The Treaty of Montevideo (1828) confirmed Brazil's right to intervene in Uruguay's internal affairs. The treaties also allowed joint navigation on the Uruguay River and its tributaries, and tax exempted cattle and salted meat