The country's currency, the Real, was devaluated by 10% and the national stock market, Bovespa, temporarily halted trading when the implications against Temer were made public.
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Several countries did boycott the 1980 Summer Olympics, others like France did not go since they found the competition devaluated. As result only half of the expected fleet was present during the Olympic regattas.
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Toward the end of the Korean War the won was devaluated at 6,000 won = 1 dollar. Following that the hwan was introduced as the new currency at a rate of 1 hwan = 100 won.
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Several countries did boycott the 1980 Summer Olympics, others like France did not go since they found the competition devaluated. As result only half of the expected fleet was present during the Olympic regattas.
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He promoted reforms favorable to the private sector. He entered into negotiations with the IMF and the World Bank to reach agreements on structural adjustment.« Burkina », on afriquepluriel.net The CFA franc was devaluated in January 1994, and this was followed by controversy.
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To honor his fathers' death in 1913, Kőnig and his brother György created the Gyula Kőnig prize in 1918. This prize was meant to be an endowment for young mathematicians, however was later devaluated. But the prize remained as a medal of high scientific recognition.
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Goldmark (, officially just Mark, sign: ℳ) was the gold standard-based currency of the German Empire from 1873 to 1914. Papiermark was the much- devaluated Mark after the gold standard was given up in August 1914, and gold and silver coins ceased to circulate.
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Big exporters refused to sell dollars to the Central Bank, which depleted its reserves.McGuire, p. 215 The austral was devaluated in February 1989, and the high inflation turned into hyperinflation. The 1989 presidential elections took place during this crisis, and the Justicialist Carlos Menem became the new president.
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Hwan had a peg with US dollar but with time it also got devaluated. This was the reason for the reintroduction of won in 1962 as the official currency unit. South Korean currency was still pegged to the US dollar until in 1997 when it was floated into the world market.
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At the end of the year, Toshack had a row with midfielder Martín-Vázquez after he took the player off minutes after bringing him on at Sevilla. About Depor's supporters, Toshack said: “They always seem to have devaluated my work. But now things are changing, thanks to our good Liga position”.
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Several countries did boycott the 1980 Summer Olympics, others like France did not go since they found the competition devaluated. As result only half of the expected fleet was present during the Olympic regattas. It was the effort of Staartjes and Geert Bakker that the Dutch Olympic Sailing Team went to Tallinn.
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Several countries did boycott the 1980 Summer Olympics, others like France did not go since they found the competition devaluated. As result only half of the expected fleet was present during the Olympic regattas. It was the effort of Bakker and Ben Staartjes that the Dutch Olympic Sailing Team went to Tallinn.
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Gabrielsen (1978), pp. 88–89 Following the United Kingdom's decision to leave the gold standard in September 1923, the Kolstad cabinet decided to abandon the standard the same month. At the same time, the cabinet devaluated the Norwegian krone which sank more than most other currencies in Europe, which helped the Norwegian export.Gabrielsen (1978), pp.
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This was changed to 43.8275 in 1946 and then to 50 following the devaluation of the British pound in September 1949. The Belgian franc was devaluated again in 1982. Like 10 other European currencies, the Belgian/Luxembourgish franc ceased to exist on 1 January 1999, when it became fixed at 1 EUR= 40.3399 BEF/LUF, thus a franc was worth €0.024789.
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The hwan suffered from inflation as well. At its introduction, it was pegged to the United States dollar at 1 dollar = 60 hwan, but toward the end of its life it was devaluated at 1 dollar = 1250 hwan. In 1962, the won was reintroduced at the rate of 1 won = 10 hwan. The 10 and 50 hwan coins were kept in circulation until March 21, 1975.
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The inscription was later lost when the cathedral was damaged. Among other things, the charter freed the citizens of Speyer from the oppressive inheritance tax, from duties and the fees and tolls of the city and it granted the right to be heard when coins were to be devaluated. The charter became a precondition for a free citizenry with a unified legal status, e. g.
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He initiated a process of "payment culture" that targeted the tax evaders and loan defaulters. He also ordered the publication of the list of taxpayers that showed that the country had a small tax base and only a few paid taxes. He devaluated the national currency and increased the prices on food and common items. He also inaugurated the National Library and highlighted its importance in the political culture of the country.
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Coins ranged from 1 to 500 pesetas. In that year, a series of coins commemorating 1992 Summer Olympics in Barcelona and Expo '92 in Seville were issued. Spain was hardly hit by the early 1990s recession and the peseta was devaluated three times, the first of them being just after Black Wednesday, plummeting from 100 to 130 per USD.El paro y la devaluación de la peseta le explotan al PSOE en plena campaña.
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In the late 1820s, corruption was rampant in the municipal administration of New York City. Public services like street lighting, were rendered by friends of the politicians who got monopolies for almost no payment to the city. "Charter dealers", among them Samuel B. Romaine, bribed assemblymen in Albany to get a large number of banks chartered. These banks issued their own currency with which working men were paid but which was not well accepted by the commerce, and devaluated quickly.
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P. V. Narasimha Rao took over as Prime Minister in June, and roped in Manmohan Singh as Finance Minister. The Narasimha Rao government ushered in several reforms that are collectively termed as liberalisation in the Indian media. The reforms formally began on 1 July 1991 when RBI devaluated Indian Rupee by 9% and by a further 11% on 3 July. It was done in two doses to test the reaction of the market first by making a smaller depreciation of 9%.
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As a result of the bankruptcy the Kalypsos final price was much larger than originally agreed. When delivered on April 30, 1990, the Kalypso entered traffic on the route connecting Turku to Mariehamn and Stockholm, where she sailed without mishap for the next three years. 1993 was to be the year when Slite would take delivery of another newbuild, the largest ferry in the world, M/S Europa. However, the Swedish krona was devaluated shortly before Slite were supposed to take delivery of the new ship.
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1980: Several countries did boycott the 1980 Summer Olympics, others like France did not go since they found the competition devaluated. As result only half of the expected fleet was present during the Olympic regattas. 1982: Just before the start of the 1982 Star World Championship in Medemblik Binkhorst took, by legal procedure, possession of five valuable prizes of the Star Class Organisation (ISCYRA). This was the result of a conflict between the Binkhorst (and a German bootbuilder) and the ISCYRA about the creation of an unsinkable Star.
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We speak of an > awful headache, a dreadful cold, a frightful bore, and an appalling storm; > and now when something comes along that is really awful and dreadful and > frightful and appalling, all these words have been devaluated and have no > terror in them. I have to fall back on the saying, of unknown origin and > dubious value, that the strongest emphasis is understatement. Let then this > picture, with its circles and its symbols and its numbers, be considered an > emphatic understatement of the most terrific thing yet known to man.
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Democrat Party (DP) defeated the Republican People’s Party (CHP) in the 1950 general elections and ruled Turkey between 1950-1960. However towards 1960, Turkey faced with economic problems like the 1958 devaluation in which Turkish lira was devaluated more than 3 times (the value of $1 jumped from 2.80 TL to 9 TL) Sina Akşin: Kısa Türkiye Tarihi, Türkiye İş Bankası Kültür Yayınları, Istanbul, 2011, pp.257-259 Rise in commodity prices and scarcity of imported technology items caused unrest and consequently CHP support increased. DP government tried to suppress CHP-revival by bans on CHP activities.
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When the market finally settled, thus reducing the high prices per barrel, the financial stability of the country was endangered. Diversification of income would have prevented the problem, but due to the inability of other production sectors to make up for the reduced profit, Mexico had to inflate the currency to by then historic levels. The Mexican peso would then be devaluated by almost 500%. Given these circumstances, López Portillo nationalized all financial institutions in 1982, during his last public address to the nation by saying: "Defenderé el peso como un perro" ("I'll defend the peso like a dog").
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Disney bought out Reliance's 11.1% stake in the company. However, another shareholder filed suit claiming the deal devaluated Disney's stock and for Disney management to retain their positions. The shareholder lawsuit was settled in 1989 for a total of $45 million from Disney and Reliance. Likewise in 1984, MCA (then-parent company of Universal Studios) actually struck a deal with Disney to purchase the company on the condition insisted by the Disney family that Disney CEO Ron W. Miller be MCA president, but disagreements between MCA chairman Lew Wasserman and Disney over the condition caused the agreement to fall through completely.
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Official NBU exchange rate at moment of introduction was UAH 1.76 per 1 US dollar. Following the Asian financial crisis in 1998, the currency was devaluated to UAH 5.6 = USD 1.00 in February 2000. Later, the exchange rate remained relatively stable at around 5.4 hryvnias for 1 US dollar and was fixed to 5.05 hryvnias for 1 US dollar from 21 April 2005 until 21 May 2008. In mid-October 2008 rapid devaluation began, in the course of a global financial crisis that hit Ukraine hard, with the hryvnia dropping 38.4% from UAH 4.85 for 1 US dollar on 23 September 2008 to UAH 7.88 for 1 US dollar on 19 December 2008.
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However, at the new coronation of King Charles (15 June 1309), he was only represented by one of his followers. In the next year, King Charles appointed him to the office of master of the treasury, which then was the first high-ranking political position during the first regnal years of Charles as the position of palatine was "devaluated". Matthew Csák did not want to accept the king's rule; therefore, he did not attend King Charles' third coronation, when he was crowned with the Holy Crown of Hungary (27 August). Moreover, Matthew Csák still continued to expand the borders of his domains and occupied several castles in the northern part of the kingdom.
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Page 247 Inukai immediately took steps to inflate the economy and to take Japan off the gold standard, implementing protectionist trade policies and attempting to stem Japan's trade deficit. These actions devaluated the yen, thus lowering the price of Japanese goods in world markets, and increasing exports. However, Inukai was forced to accede to a request by the Imperial Japanese Army to dispatch additional troops to Manchuria and to Tianjin, despite instructions as late as 23 December 1931 from Emperor Hirohito to maintain international trust per the Nine-Power Treaty in not attacking China, and on 27 December 1931 not to authorize any moves by the Kwantung Army to occupy Jinzhou. However, by now the Imperial Japanese Army was completely beyond any civilian control and from January to March 1932 the conflict had spread to Shanghai with the 1st Shanghai Incident.Bix.
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Trilingual sign in Bayonne: French, Basque, and Gascon Occitan ("Mayretat", "Sindicat d'initiatibe") A poll conducted in Béarn in 1982 indicated that 51% of the population could speak Gascon, 70% understood it, and 85% expressed a favourable opinion regarding the protection of the language.Ethnologue report for Gascon, 15th edition However, use of the language has declined dramatically over recent years as a result of the Francization taking place during the last centuries, as Gascon is rarely transmitted to young generations any longer (outside of schools, such as the Calandretas). The usual term for Gascon is "patois", a word designating in France a non-official and usually devaluated dialect (such as Gallo) or language (such as Occitan), regardless of the concerned region. It is mainly in Béarn that the population uses concurrently the term "Béarnais" to designate its Gascon forms.
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Ouédraogo was born in Tikaré, in Bam Province. Under Thomas Sankara, Ouédraogo was appointed to the government as Minister of Planning and Popular Development on 31 August 1984, remaining in that position for three years. Shortly after Sankara was assassinated in October 1987, Ouédraogo became Minister for the Plan and Cooperation under Blaise Compaoré. He left that position on 25 April 1989 and became President of the Economic and Social Council,Jean-Pierre Bejot, "Youssouf Ouédraogo, patron de la diplomatie burkinabè" , lefaso.net, 3 November 2003 . in which position he served until he was elected to the National Assembly as a deputy from Bam in the May 1992 parliamentary election. He was appointed as Prime Minister by Compaoré on 16 June 1992. The CFA franc was devaluated in January 1994, and this was followed by controversy."Mar 1994 – New Government", Keesing's Record of World Events, volume 40, March 1994, Burkina, page 39,898.
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In 1982, at the end of the presidency of José López Portillo (December 1976-December 1982) the government found itself unable to meet demands for United States dollars and devaluated the peso from a value of 26 to 47 pesos per dollar. A consequence was an extremely high default debt. The López Portillo administration then decided to nationalize the banking system on September 1 of the same year, paying 3 trillion pesos (approximately 63 billion dollars at 47 pesos/dollar exchange rate) to acquire public and private credit institutions who had an accumulated debt of 25 billion dollars. The following year, in the middle of an economic crisis, president Miguel de la Madrid (December 1982-December 1988) created the FICORCA (Fideicomiso de Cobertura de Riesgo Cambiario or "Exchange risk coverage fund") financed by a loan that would also finance the fiscal deficit, the external debt and the economic activity of the country.
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Prior to the establishment of the Medal "For Impeccable Service", existing state Orders meant for feats of valour or for extraordinary services to the state were conferred to military personnel for long service. An Order of Lenin for twenty-five years of service, the Order of the Red Banner for twenty, the Order of the Red Star for fifteen, hundreds of thousands of such awards seriously devaluated the awards of the same Orders earned for their original criteria. The intent to encourage the establishment of a ministerial/departmental level medal "For Impeccable Service" was stated in decree of the Presidium of the Supreme Soviet of the USSR of September 14, 1957 emphasising the then devaluation of certain Soviet high military Orders used as long service awards instead of their originally intended criteria. This led to the joint January 25, 1958 decree of the Ministers of Defence, of Internal Affairs and of the Chairman of the Committee on State Security of the USSR establishing the Medal "For Impeccable Service".
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