The EEC, sometimes referred to as the Common Market, survived until 2009 when it was absorbed into the European Union.
21st June 1919: The German High Seas naval fleet is scuttled at Scapa Flow
21st June 2019
The EEC, sometimes referred to as the Common Market, survived until 2009 when it was absorbed into the European Union.
The economic bubble that is also referred to as the ‘dot-com boom’ was the result of investors speculatively pouring money into the numerous internet companies that were founded in the mid- to late-1990s.
The early introduction of three of the six new coins, together with an extensive publicity campaign, contributed greatly to the smoothness of Decimal Day when it finally came about in 1971.
France and the United States signed the first two treaties ever negotiated by the American government, and which formally recognised the independence of the United States.
Although the income tax was abolished in 1802, it was reinstated and repealed another two times before being made permanent.
The first traveller’s cheques, in the form of a ‘circular note’ issued by a bank, went on sale in London.
The British government had passed the Tea Act seven months earlier on 10 May, partly in an attempt to support the struggling East India Company.
Although the scale of panic selling did slow down, the market continued its downward trajectory for over 2 years.
The new currency was backed by land that was used by businesses and agriculture, and was introduced at the rate of one Rentenmark to one trillion Papiermarks.
Although the targets were constantly revised to the point where they could never be achieved, the first five-year plan firmly set the USSR on the road to becoming a world superpower.
28th June 2015
11th November 2020
11th November 2020
9th November 2019
1st September 2018