1.
New York Stock Exchange
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The New York Stock Exchange, is an American stock exchange located at 11 Wall Street, Lower Manhattan, New York City, New York. It is by far the worlds largest stock exchange by market capitalization of its companies at US$19.3 trillion as of June 2016. The average daily trading value was approximately US$169 billion in 2013, the NYSE trading floor is located at 11 Wall Street and is composed of 21 rooms used for the facilitation of trading. A fifth trading room, located at 30 Broad Street, was closed in February 2007, the main building and the 11 Wall Street building were designated National Historic Landmarks in 1978. The NYSE is owned by Intercontinental Exchange, an American holding company that it also lists, previously, it was part of NYSE Euronext, which was formed by the NYSEs 2007 merger with Euronext. NYSE and Euronext now operate as divisions of Intercontinental Exchange, the NYSE has been the subject of several lawsuits regarding fraud or breach of duty and in 2004 was sued by its former CEO for breach of contract and defamation. The earliest recorded organization of securities trading in New York among brokers directly dealing with each other can be traced to the Buttonwood Agreement, previously securities exchange had been intermediated by the auctioneers who also conducted more mundane auctions of commodities such as wheat and tobacco. In 1817 the stockbrokers of New York operating under the Buttonwood Agreement instituted new reforms, after sending a delegation to Philadelphia to observe the organization of their board of brokers, restrictions on manipulative trading were adopted as well as formal organs of governance. Several locations were used between 1817 and 1865, when the present location was adopted, the invention of the electrical telegraph consolidated markets, and New Yorks market rose to dominance over Philadelphia after weathering some market panics better than other alternatives. The Civil War greatly stimulated speculative securities trading in New York, by 1869 membership had to be capped, and has been sporadically increased since. The latter half of the century saw rapid growth in securities trading. Securities trade in the nineteenth and early twentieth centuries was prone to panics. The Stock Exchange Luncheon Club was situated on the floor from 1898 until its closure in 2006. The main building, located at 18 Broad Street, between the corners of Wall Street and Exchange Place, was designated a National Historic Landmark in 1978, as was the 11 Wall Street building. The NYSE announced its plans to merge with Archipelago on April 21,2005, NYSEs governing board voted to merge with rival Archipelago on December 6,2005, and became a for-profit, public company. It began trading under the name NYSE Group on March 8,2006, Wall Street is the leading US money center for international financial activities and the foremost US location for the conduct of wholesale financial services. It comprises a matrix of wholesale financial sectors, financial markets, financial institutions, the principal sectors are securities industry, commercial banking, asset management, and insurance. Prior to the acquisition of NYSE Euronext by the ICE in 2013, Marsh Carter was the Chairman of the NYSE, presently, the chairman is Jeffrey Sprecher
2.
London
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London /ˈlʌndən/ is the capital and most populous city of England and the United Kingdom. Standing on the River Thames in the south east of the island of Great Britain and it was founded by the Romans, who named it Londinium. Londons ancient core, the City of London, largely retains its 1. 12-square-mile medieval boundaries. London is a global city in the arts, commerce, education, entertainment, fashion, finance, healthcare, media, professional services, research and development, tourism. It is crowned as the worlds largest financial centre and has the fifth- or sixth-largest metropolitan area GDP in the world, London is a world cultural capital. It is the worlds most-visited city as measured by international arrivals and has the worlds largest city airport system measured by passenger traffic, London is the worlds leading investment destination, hosting more international retailers and ultra high-net-worth individuals than any other city. Londons universities form the largest concentration of education institutes in Europe. In 2012, London became the first city to have hosted the modern Summer Olympic Games three times, London has a diverse range of people and cultures, and more than 300 languages are spoken in the region. Its estimated mid-2015 municipal population was 8,673,713, the largest of any city in the European Union, Londons urban area is the second most populous in the EU, after Paris, with 9,787,426 inhabitants at the 2011 census. The citys metropolitan area is the most populous in the EU with 13,879,757 inhabitants, the city-region therefore has a similar land area and population to that of the New York metropolitan area. London was the worlds most populous city from around 1831 to 1925, Other famous landmarks include Buckingham Palace, the London Eye, Piccadilly Circus, St Pauls Cathedral, Tower Bridge, Trafalgar Square, and The Shard. The London Underground is the oldest underground railway network in the world, the etymology of London is uncertain. It is an ancient name, found in sources from the 2nd century and it is recorded c.121 as Londinium, which points to Romano-British origin, and hand-written Roman tablets recovered in the city originating from AD 65/70-80 include the word Londinio. The earliest attempted explanation, now disregarded, is attributed to Geoffrey of Monmouth in Historia Regum Britanniae and this had it that the name originated from a supposed King Lud, who had allegedly taken over the city and named it Kaerlud. From 1898, it was accepted that the name was of Celtic origin and meant place belonging to a man called *Londinos. The ultimate difficulty lies in reconciling the Latin form Londinium with the modern Welsh Llundain, which should demand a form *lōndinion, from earlier *loundiniom. The possibility cannot be ruled out that the Welsh name was borrowed back in from English at a later date, and thus cannot be used as a basis from which to reconstruct the original name. Until 1889, the name London officially applied only to the City of London, two recent discoveries indicate probable very early settlements near the Thames in the London area
3.
United Kingdom
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The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom or Britain, is a sovereign country in western Europe. Lying off the north-western coast of the European mainland, the United Kingdom includes the island of Great Britain, Northern Ireland is the only part of the United Kingdom that shares a land border with another sovereign state—the Republic of Ireland. The Irish Sea lies between Great Britain and Ireland, with an area of 242,500 square kilometres, the United Kingdom is the 78th-largest sovereign state in the world and the 11th-largest in Europe. It is also the 21st-most populous country, with an estimated 65.1 million inhabitants, together, this makes it the fourth-most densely populated country in the European Union. The United Kingdom is a monarchy with a parliamentary system of governance. The monarch is Queen Elizabeth II, who has reigned since 6 February 1952, other major urban areas in the United Kingdom include the regions of Birmingham, Leeds, Glasgow, Liverpool and Manchester. The United Kingdom consists of four countries—England, Scotland, Wales, the last three have devolved administrations, each with varying powers, based in their capitals, Edinburgh, Cardiff and Belfast, respectively. The relationships among the countries of the UK have changed over time, Wales was annexed by the Kingdom of England under the Laws in Wales Acts 1535 and 1542. A treaty between England and Scotland resulted in 1707 in a unified Kingdom of Great Britain, which merged in 1801 with the Kingdom of Ireland to form the United Kingdom of Great Britain and Ireland. Five-sixths of Ireland seceded from the UK in 1922, leaving the present formulation of the United Kingdom of Great Britain, there are fourteen British Overseas Territories. These are the remnants of the British Empire which, at its height in the 1920s, British influence can be observed in the language, culture and legal systems of many of its former colonies. The United Kingdom is a country and has the worlds fifth-largest economy by nominal GDP. The UK is considered to have an economy and is categorised as very high in the Human Development Index. It was the worlds first industrialised country and the worlds foremost power during the 19th, the UK remains a great power with considerable economic, cultural, military, scientific and political influence internationally. It is a nuclear weapons state and its military expenditure ranks fourth or fifth in the world. The UK has been a permanent member of the United Nations Security Council since its first session in 1946 and it has been a leading member state of the EU and its predecessor, the European Economic Community, since 1973. However, on 23 June 2016, a referendum on the UKs membership of the EU resulted in a decision to leave. The Acts of Union 1800 united the Kingdom of Great Britain, Scotland, Wales and Northern Ireland have devolved self-government
4.
Warwick
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Warwick is the county town of Warwickshire, England. The town lies upon the River Avon,11 miles south of Coventry and just west of Leamington Spa, at the 2011 United Kingdom census, it had a population of 31,345. There was human activity at Warwick as early as the Neolithic period and it was a Saxon burh in the 9th century, Warwick Castle was established in 1068 as part of the Norman conquest of England. Warwick School claims to be the oldest boys school in the country, the earldom of Warwick was created in 1088 and the earls controlled the town in the medieval period and built town walls, of which Eastgate and Westgate survive. The castle developed into a fortress and then a country house and is today a popular tourist attraction. The Great Fire of Warwick in 1694 destroyed much of the medieval town, though Warwick did not become industrialised in the 19th century, it has experienced growth since 1801 when the population was 5,592. Racing Club Warwick F. C. founded in 1919, is based in the town, the town is administered by Warwick District Council and Warwickshire County Council has its headquarters in Warwick. Human activity on the site of the dates back to the Neolithic. From the 6th century onwards, Warwick has been continuously inhabited and it was one of ten burhs built to defend the kingdom of Mercia against the Danes. Warwick was chosen as the site for one of these fortifications because of its proximity to the important transport routes of the Fosse Way, in the early 10th century a new shire was founded with Warwick as its administrative centre, giving the settlement new importance. The name Warwick means dwellings by the weir, in 1050 the Danes invaded Mercia and burned down much of Warwick including the nunnery. William the Conqueror founded Warwick Castle in 1068 on his way to Yorkshire to deal with rebellion in the north, building a castle within a pre-existing settlement could require demolishing properties on the site, and in the case of Warwick four houses were pulled down. The castle was within the larger Anglo-Saxon burh and a new wall was created close to the rampart of the burh. In the medieval period Warwick remained under the control of various Earls of Warwick, mostly of the Beauchamp family, today the only remains of the town walls are the east and west gatehouses. The eastern gatehouse is now a home, but formerly served as part of the Kings High School. Warwick was not incorporated as a borough until 1545, the towns Priory was founded in 1142 on the site of the current Priory Park. During the English Civil War the town and castle were garrisoned for Parliament, the garrison, under Sir Edward Peyto, withstood a two-week siege by the Royalists. Later musters from 1644 to 1646 record a garrison of up to 350 men under the command of Colonel William Purefoy, the middle of the 17th century also saw the founding of Castle Hill Baptist Church, one of the oldest Baptist churches in the world
5.
Mercedes-Benz Vario
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The Mercedes-Benz Vario is a full-size commercial heavy van manufactured by Mercedes-Benz between 1996 and 2013. In Philippines, Mercedes-Benz rebadged version, Morales Traveller is locally made by Morales Motors, the Traveller also offered as minibus or utility van. The Vario was launched in 1996 as a version of the Mercedes-Benz T2. The bodyshell remained relatively unchanged throughout its 17-year production life, the Vario proved a popular base chassis for minibuses and mini-coaches. When new regulations required disabled access, a model with a lift was made available. The Vario was fitted with several types of Mercedes-Benz engines, pre-2000 vehicles used a 5-cylinder OM602LA and 4-cylinder OM904LA, turbocharged and intercooled diesel engine. The most powerful was a 177 hp, 675Nm engine, two types of gearboxes were available, a 5-speed manual and on buses, an Allison AT545 4-speed automatic. Maximum payload was 4.4 tons with a volume of 17.4 cubic meters. A 4x4 model was also available, all models had a suspension on parabolic leaf springs, all ventilated disc brakes and power steering. On 27 September 2013 the last Vario rolled off the line in Ludwigsfelde. Between 1996 and 201390,743 units were manufactured, the Vario was succeeded in Daimler Trucks model range by heavier versions of the Mercedes-Benz Sprinter. Media related to Mercedes-Benz Vario at Wikimedia Commons Product Guide Mercedes-Benz
6.
Isle of Grain
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The Isle of Grain is the easternmost point of the Hoo Peninsula in the district of Medway in Kent. No longer an island, the Isle is almost all marshland, the Isle constitutes a civil parish, which at the 2011 census had a population of 1,648, a net decrease of 83 people in 10 years. Extract from the Topographical Dictionary of Great Britain and Ireland by John Gorton,1833, GRAINE, ISLE OF, the closure of the road caused considerable anger among the residents of the Island and it was later reopened. The goods route from the Medway Towns to the upper Thames Estuary was later shortened by the Thames and Medway Canal, although this route, in 1855, as part of military defences guarding the Thames, Grain Tower, a fort, was built. It remained in use until 1946, having been used during both World Wars, in various warm years the incidence of marsh fever was extremely high. Since the removal of livestock from marshy areas, the population of native mosquitoes has greatly declined, Yantlet Creek at the south of the Yantlet Line was the downstream limit of the City of Londons ownership of the bed of the River Thames. It is marked by a London Stone beside the mouth of the creek, the south of the Isle is an important industrial area. Until 1982 it was home to a oil refinery. Construction of this facility for British Petroleum took from 1948 to 1952, in the 1990s the refinery site was chosen for a purpose-built facility to make concrete lining segments for the Channel Tunnel. Following completion of the Channel Tunnel, the site is now part-occupied by Thamesport, the remainder is allocated for industrial and warehousing use under the Thames Gateway project. Next to the former BP site is Grain Power Station, built in the 1970s and it was mothballed in 2003, but reopened in 2006 to provide up to three percent of the National Grid supply. There are plans to replace Grain power station when it reaches the end of its life, by building a new. Another major installation is a new Grain Liquefied Natural Gas import facility, the Isle of Grain was the site of Grain Fort, built in the 1860s and used for coastal defence until the 1950s. The fort was almost completely demolished about 1960, leaving only the earth rampart. Grain Tower, about a quarter of a mile off-shore and accessible at low tide, later additions, consisting of concrete emplacements and shelters, were added during the World Wars, and the tower was used as a boom control point. The boom was a chain supporting a huge antisubmarine net across the two rivers, preventing entry by German U-boats, the Isle of Grain is the landing point for the Britned undersea power cable between The Netherlands and the UK. An 1801 map shows that the ancient village of Grain was at one time called St James in the Isle of Grain. Like others in the Hundred of Hoo, the village was named after the dedication of its church, compare Allhallows
7.
Kent
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Kent /ˈkɛnt/ is a county in South East England and one of the home counties. It borders Greater London to the north west, Surrey to the west and East Sussex to the south west, the county also shares borders with Essex via the Dartford Crossing and the French department of Pas-de-Calais through the Channel Tunnel. France can be clearly in fine weather from Folkestone and the White Cliffs of Dover. Hills in the form of the North Downs and the Greensand Ridge span the length of the county, because of its relative abundance of fruit-growing and hop gardens, Kent is known as The Garden of England. The title was defended in 2006 when a survey of counties by the UKTV Style Gardens channel put Kent in fifth place, behind North Yorkshire, Devon. Haulage, logistics, and tourism are industries, major industries in north-west Kent include aggregate building materials, printing. Coal mining has played its part in Kents industrial heritage. Large parts of Kent are within the London commuter belt and its transport connections to the capital. Twenty-eight per cent of the county forms part of two Areas of Outstanding Natural Beauty, the North Downs and The High Weald, the area has been occupied since the Palaeolithic era, as attested by finds from the quarries at Swanscombe. The Medway megaliths were built during the Neolithic era, There is a rich sequence of Bronze Age, Iron Age, and Roman era occupation, as indicated by finds and features such as the Ringlemere gold cup and the Roman villas of the Darent valley. The modern name of Kent is derived from the Brythonic word Cantus meaning rim or border and this describes the eastern part of the current county area as a border land or coastal district. Julius Caesar had described the area as Cantium, or home of the Cantiaci in 51 BC, the extreme west of the modern county was by the time of Roman Britain occupied by Iron Age tribes, known as the Regnenses. East Kent became a kingdom of the Jutes during the 5th century and was known as Cantia from about 730, the early medieval inhabitants of the county were known as the Cantwara, or Kent people. These people regarded the city of Canterbury as their capital, in 597, Pope Gregory I appointed the religious missionary as the first Archbishop of Canterbury. In the previous year, Augustine successfully converted the pagan King Æthelberht of Kent to Christianity, the Diocese of Canterbury became Britains first Episcopal See with first cathedral and has since remained Englands centre of Christianity. The second designated English cathedral was in Kent at Rochester Cathedral, in the 11th century, the people of Kent adopted the motto Invicta, meaning undefeated. This naming followed the invasion of Britain by William of Normandy, the Kent peoples continued resistance against the Normans led to Kents designation as a semi-autonomous county palatine in 1067. Under the nominal rule of Williams half-brother Odo of Bayeux, the county was granted powers to those granted in the areas bordering Wales
8.
Rotterdam
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Rotterdam is a city in the Netherlands, located in South Holland, within the Rhine–Meuse–Scheldt river delta at the North Sea. Its history goes back to 1270 when a dam was constructed in the Rotte river by people settled around it for safety, in 1340 Rotterdam was granted city rights by the Count of Holland and slowly grew into a major logistic and economic centre. Nowadays it is home to Europes largest port and has a population of 633,471, ranking second in the Netherlands, just behind Amsterdam. The Greater Rijnmond area is home to approximately 1.4 million people, Rotterdam is part of the yet larger Randstad conurbation with a total population of 7,100,000. The city of Rotterdam is known for the Erasmus University, riverside setting, lively cultural life, the near-complete destruction of Rotterdams city centre during World War II has resulted in a varied architectural landscape including sky-scrapers, which are an uncommon sight in other Dutch cities. Rotterdam is home to some world-famous architecture from renowned architects like Rem Koolhaas, Piet Blom, Ben van Berkel and others. Recently Rotterdam was listed eighth in The Rough Guide Top 10 Cities to Visit, the port of Rotterdam is the largest cargo port in Europe and the 10th largest in the world. Rotterdams logistic success is based on its location on the North Sea. The rivers Rhine, Meuse, and Scheldt give waterway access into the heart of Western Europe, the extensive distribution system including rail, roads, and waterways have earned Rotterdam the nickname Gateway to Europe, and, conversely, Gateway to the World in Europe. The settlement at the end of the fen stream Rotte dates from at least 900 CE. A dam on the Rotte or Rotterdam was built in the 1260s and was located at the present-day Hoogstraat, on 7 July 1340, Count Willem IV of Holland granted city rights to Rotterdam, which then had approximately 2,000 inhabitants. The port of Rotterdam grew slowly but steadily into a port of importance, becoming the seat of one of the six chambers of the Vereenigde Oostindische Compagnie, the greatest spurt of growth, both in port activity and population, followed the completion of the Nieuwe Waterweg in 1872. The city and harbor started to expand on the bank of the river. The Witte Huis or White House skyscraper, inspired by American office buildings and built in 1898 in the French Château-style, is evidence of Rotterdams rapid growth, when completed, it was the tallest office building in Europe, with a height of 45 m. During World War I the city was the worlds largest spy centre because of Dutch neutrality, many spies who were arrested and executed in Britain were led by German secret agents operating from Rotterdam. MI6 had its main European office on de Boompjes, from there the British coordinated espionage in Germany and occupied Belgium. In WWI an average of 25,000 Belgian refugees lived in the city, as well as hundreds of German deserters, during World War II, the German army invaded the Netherlands on 10 May 1940. Adolf Hitler had hoped to conquer the country in just one day, the Dutch army was finally forced to capitulate on 15 May 1940, following Hitlers bombing of Rotterdam on 14 May and threatening to bomb other Dutch cities
9.
New Hampshire
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New Hampshire is a state in the New England region of the northeastern United States. It is bordered by Massachusetts to the south, Vermont to the west, Maine and the Atlantic Ocean to the east, New Hampshire is the 5th smallest by land area and the 9th least populous of the 50 United States. Concord is the capital, while Manchester is the largest city in the state and in northern New England, including Vermont. It has no sales tax, nor is personal income taxed at either the state or local level. The New Hampshire primary is the first primary in the U. S. presidential election cycle and its license plates carry the state motto, Live Free or Die. The states nickname, The Granite State, refers to its extensive granite formations, the state was named after the southern English county of Hampshire by Captain John Mason. New Hampshire is part of the New England region and it is bounded by Quebec, Canada, to the north and northwest, Maine and the Atlantic Ocean to the east, Massachusetts to the south, and Vermont to the west. New Hampshires major regions are the Great North Woods, the White Mountains, the Lakes Region, the Seacoast, the Merrimack Valley, the Monadnock Region, and the Dartmouth-Lake Sunapee area. New Hampshire has the shortest ocean coastline of any U. S. coastal state, New Hampshire was home to the rock formation called the Old Man of the Mountain, a face-like profile in Franconia Notch, until the formation disintegrated in May 2003. Major rivers include the 110-mile Merrimack River, which bisects the lower half of the state north–south and ends up in Newburyport and its tributaries include the Contoocook River, Pemigewasset River, and Winnipesaukee River. The 410-mile Connecticut River, which starts at New Hampshires Connecticut Lakes and flows south to Connecticut, only one town – Pittsburg – shares a land border with the state of Vermont. The northwesternmost headwaters of the Connecticut also define the Canada–U. S, the Piscataqua River and its several tributaries form the states only significant ocean port where they flow into the Atlantic at Portsmouth. The Salmon Falls River and the Piscataqua define the southern portion of the border with Maine, the U. S. Supreme Court dismissed the case in 2002, leaving ownership of the island with Maine. New Hampshire still claims sovereignty of the base, however, the largest of New Hampshires lakes is Lake Winnipesaukee, which covers 71 square miles in the east-central part of New Hampshire. Umbagog Lake along the Maine border, approximately 12.3 square miles, is a distant second, Squam Lake is the second largest lake entirely in New Hampshire. New Hampshire has the shortest ocean coastline of any state in the United States, Hampton Beach is a popular local summer destination. It is the state with the highest percentage of area in the country. New Hampshire is in the temperate broadleaf and mixed forests biome, much of the state, in particular the White Mountains, is covered by the conifers and northern hardwoods of the New England-Acadian forests
10.
Allianz
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Allianz SE is a German financial services company headquartered in Munich, Germany. Its core businesses are insurance and asset management, the company is a component of the Euro Stoxx 50 stock market index. Allianz sold Dresdner Bank to Commerzbank in November 2008, as a result of this transaction, Allianz gained a 14% controlling stake in the new Commerzbank. Allianz AG was founded in Berlin on 5 February 1890 by then director of the Munich Reinsurance Company Carl von Thieme, the joint company was listed in Berlins trade register under the name Allianz Versicherungs-Aktiengesellschaft. The first Allianz products were marine and accident policies first sold only in Germany and it distributed marine insurance coverage to German clientele looking for coverage abroad. In 1900 the company became the first insurer to obtain a license to distribute corporate policies, in 1904 Paul Von Naher took over the sole leadership of the company, as it moved into the US and other markets. Markets entered by 1914 included the Netherlands, Italy, Belgium, France, the Scandinavian countries and the Baltic States, the company suffered an early disaster in expansion, when the 1906 San Francisco earthquake caused the company to sustain 300,000 marks in losses. In 1905 the company acquired Fides Insurance Company, a firm that had innovated the first form of home invasion insurance, other places it would expand into during the 1910s and 1920s included Palestine, Cyprus, Iraq, China, the Dutch Indies, Ceylon, and Siam. In 1905 the company began to fire insurance, and in 1911 it began to sell machinery breakdown policies. Allianz remained the company in the world that sold machine breakdown insurance until 1924. Then in 1918 it began to offer insurance as well. In 1921 Von Naher died and was succeeded by Kurt Schmitt, the company would begin to offer life insurance as of 1922, becoming Europes largest offerer of the policies by the end of the 1920s. Expansion of the company then slowed until 1938 at which point it employed more than 24,000 people. Christian Stadler wrote of the history of Allianz that it shows how important it is to diversify into related areas to hedge against the risk of fundamental changes in markets, during World War II the Berlin headquarters of Allianz were destroyed by Allied bombing runs. Following the end of the war in 1945, Hans Heb became head of the company, Heb only held the position until 1948, when he was replaced by Hans Goudefroy. After World War II, global business activities were gradually resumed, Allianz opened an office in Paris in 1959, and started repurchasing stakes in former subsidiaries in Italy and Austria. In 1971 Wolfgang Schieren became the head of the company and these expansions were followed in the 1970s by the establishment of business in the United Kingdom, the Netherlands, Spain, Brazil and the United States. In 1986, Allianz acquired Cornhill Insurance PLC, London, in 1990, Allianz started an expansion into eight Eastern European countries with establishing a presence in Hungary
11.
European Commission
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Commissioners swear an oath at the European Court of Justice in Luxembourg, pledging to respect the treaties and to be completely independent in carrying out their duties during their mandate. The Commission operates as a government, with 28 members of the Commission. There is one member per state, but members are bound by their oath of office to represent the general interest of the EU as a whole rather than their home state. One of the 28 is the Commission President proposed by the European Council, the current Commission is the Juncker Commission, which took office in late 2014. The procedural languages of the Commission are English, French and German, the Members of the Commission and their cabinets are based in the Berlaymont building in Brussels. The first Commission originated in 1951 as the nine-member High Authority under President Jean Monnet, the High Authority was the supranational administrative executive of the new European Coal and Steel Community. It took office first on 10 August 1952 in Luxembourg, in 1958 the Treaties of Rome had established two new communities alongside the ECSC, the European Economic Community and the European Atomic Energy Community. However their executives were called Commissions rather than High Authorities, the reason for the change in name was the new relationship between the executives and the Council. Some states such as France expressed reservations over the power of the High Authority, louis Armand led the first Commission of Euratom. Walter Hallstein led the first Commission of the EEC, holding the first formal meeting on 16 January 1958 at the Château of Val-Duchesse, Hallstein notably began the consolidation of European law and started to have a notable impact on national legislation. The three bodies, collectively named the European Executives, co-existed until 1 July 1967 when, under the Merger Treaty, the Rey Commission completed the Communitys customs union in 1968 and campaigned for a more powerful, elected, European Parliament. Despite Rey being the first President of the communities, Hallstein is seen as the first President of the modern Commission. The Malfatti and Mansholt Commissions followed with work on monetary co-operation, with that enlargement the Commissions membership increased to thirteen under the Ortoli Commission, which dealt with the enlarged community during economic and international instability at that time. Following the Jenkins Commission, Gaston Thorns Commission oversaw the Communitys enlargement to the south, the Commission headed by Jacques Delors was seen as giving the Community a sense of direction and dynamism. Delors and his team are considered as the founding fathers of the euro. The International Herald Tribune noted the work of Delors at the end of his term in 1992. He arrived when Europessimism was at its worst, although he was a little-known former French finance minister, he breathed life and hope into the EC and into the dispirited Brussels Commission. The successor to Delors was Jacques Santer, the entire Santer Commission was forced to resign in 1999 by the Parliament as result of a fraud and corruption scandal, with a central role played by Édith Cresson
12.
Art Deco
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Art Deco, sometimes simply referred to as Deco, is a style of visual arts, architecture and design that first appeared in France just before World War I. It took its name, short for Arts Decorators, from the Exposition Internationale des Arts Décoratifs et Industriels Modernes held in Paris in 1925 and it combined modernist styles with fine craftsmanship and rich materials. During its heyday, Art Deco represented luxury, glamour, exuberance, Art Deco was a pastiche of many different styles, sometimes contradictory, united by a desire to be modern. It featured rare and expensive materials such as ebony and ivory, the Chrysler Building and other skyscrapers of New York were the most visible monuments of the new style. In the 1930s, during the Great Depression, the became more subdued. New materials arrived, including chrome plating, stainless steel and plastic, a more sleek form of the style, called Streamline Moderne, appeared in the 1930s, it featured curving forms and smooth, polished surfaces. Art Deco became one of the first truly international architectural styles, with examples found in European cities, the style came to an end with the beginning of World War II. Deco was replaced as the dominant global style by the functional and unadorned styles of modernism. The term arts décoratifs was first used in France in 1858, in 1868, Le Figaro newspaper used the term art décoratifs with respect to objects for stage scenery created for the Théâtre de lOpéra. In 1875, furniture designers, textile, jewelry and glass designers and it took its present name of ENSAD in 1927. The term Art déco was then used in a 1966 newspaper article by Hillary Gelson in the Times, describing the different styles at the exhibit. Art Deco gained currency as a broadly applied stylistic label in 1968 when historian Bevis Hillier published the first major book on the style. Hillier noted that the term was already being used by art dealers and cites The Times, in 1971, Hillier organized an exhibition at the Minneapolis Institute of Arts, which he details in his book about it, The World of Art Deco. The emergence of Art Deco was closely connected with the rise in status of decorative artists, the term arts décoratifs had been invented in 1875, giving the designers of furniture, textiles, and other decoration official status. The Société des artistes décorateurs, or SAD, was founded in 1901, a similar movement developed in Italy. The first international exhibition devoted entirely to the arts, the Esposizione international dArte decorative moderna, was held in Turin in 1902. Several new magazines devoted to decorative arts were founded in Paris, including Arts et décoration, Decorative arts sections were introduced into the annual salons of the Sociéte des artistes français, and later in the Salon dautomne. French nationalism also played a part in the resurgence of decorative arts, in 1911 the SAD proposed the holding of a major new international exposition of decorative arts in 1912
