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About 15% of the funds paid to Germany by France during the occupation were spent on black market purchases, a report from the French army’s general staff in March 1942 estimated that "each day the Germans were passing more than 100 million francs worth of merchandise from the free zone to the occupied zone."
At the conclusion of its third rate-setting policy meeting of the year on May 1, 2024, the Federal Reserve left the federal funds target interest rate at a 23-year high of 5.25% to 5.50%, marking ...
In 2012, New Jersey liberalized its licensing laws to allow microbreweries to sell beer by the glass as part of a tour, and sell up to 15.5 gallons (i.e. a keg) for off-premises consumption. The same legislation permits brewpubs to brew up to 10,000 barrels of beer per year, and sell to wholesalers and at festivals.
Inflation more than doubled between 1914 and its peak in 1920, while the value of the Pound Sterling fell by 61.2 percent. Reparations in the form of free German coal depressed the local industry, precipitating the 1926 General Strike. During the war British private investments abroad were sold, raising £550 million.
In finance, a coupon is the interest payment received by a bondholder from the date of issuance until the date of maturity of a bond . Coupons are normally described in terms of the "coupon rate", which is calculated by adding the sum of coupons paid per year and dividing it by the bond's face value. For example, if a bond has a face value of ...
Religion in India is characterised by a diversity of religious beliefs and practices. Throughout India's history, religion has been an important part of the country's culture and the Indian subcontinent is the birthplace of four of the world's major religions, namely, Buddhism, Hinduism, Jainism, and Sikhism, which are collectively known as native Indian religions or Dharmic religions and ...