Scandinavian Monetary Union after Iceland was elevated to a separate kingdom in union with Denmark in 1918. Iceland cut its ties to Denmark in 1944 and became a republic. The Icelandic króna soon became volatile, causing a high inflation and in 1980 a currency reform was introduced, in which 1 new Icelandic króna was set to 100 original ones.. The Scandinavian Monetary Union was inspired by the Latin Monetary Union, established in 1865. According to economic historians Ingrid Henriksen and Niels Kærgård:Was the Scandinavian Currency Union a success? Yes and no. When the Union functioned at its best, which was only from 1901
Water is Basic Water is Basic Water is Basic is a non-profit NGO that drills clean water wells in South Sudan. The organization was founded in 2006 during a meeting of Sudanese church leaders, who decided that the local church's first steps after the signing of the Comprehensive Peace Agreement ought to be fulfilling physical needs. It is estimated that between 50% and 60% of the population of South Sudan has access to an improved water source, such as a hand pump, a protected well or – for a small minority – piped water supply. Water is Basic is the largest clean water