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Paris business directory contains over one thousand active web links to enable in-house travel planners, tour operators, relocation agents, day trippers and other visitors, plan their stay in Paris. The links are compiled on the basis of timely downloads, the ease of web navigation, usability, the possibility of online transaction and divided into the following sections: Business framework City Hall institutions Travel facilities Finance and venture capital funding Estate agents and relocation firms Business services Serviced business offices High tech incubators French and English language learning centers Business intelligence agencies Corporate hospitality Exhibition organizers & events Seminars and conferences centers Restaurants, bars and cafés Shopping centers and gift shops English language bookshops Business networking
In 1871-73, newly unified Germany adopted the gold standard, replacing the silver-based currencies that had been prevalent in most German states until then. The reform sparked a series of steps in other countries that ultimately ended global bimetallism, i.e., a near-universal fixed exchange rate system in which (mostly) France stabilized the exchange value between gold and silver currencies. As a result, silver currencies depreciated sharply, and severe deflation ensued in the gold block. Why did Germany switch to gold and set the train of destructive events in motion? Both a review of the contemporaneous debate and statistical evidence suggest that it acted preemptively: the Australian and Californian gold discoveries of around 1850 had greatly increased the global supply of gold. By the mid-1860s, gold threatened to crowd out silver money in France, which would have severed the link between gold and silver currencies. Without reform, Germany would thus have risked exclusion from the fixed exchange rate system that tied together the major industrial economies. Reform required French accommodation, however. Victory in the Franco-Prussian war of 1870/71 allowed Germany to force accommodation, but only until France settled the war indemnity and regained sovereignty in late 1873. In this situation, switching to gold was superior to adopting bimetallism, as it prevented France from derailing Germany’s reform ex-post.
This text provides an overview of political parties in France. The social and ideological profiles of all the major parties are analysed, highlighting their principal functions and dynamics within the system. This examination is complemented by analyses of bloc and system features.
New technologies are driving transformational changes in the global financial system. Virtual currencies (VCs) and the underlying distributed ledger systems are among these. VCs offer many potential benefits, but also considerable risks. VCs could raise efficiency and in the long run strengthen financial inclusion. At the same time, VCs could be potential vehicles for money laundering, terrorist financing, tax evasion and fraud. While risks to the conduct of monetary policy seem less likely to arise at this stage given the very small scale of VCs, risks to financial stability may eventually emerge as the new technologies become more widely used. National authorities have begun to address these challenges and will need to calibrate regulation in a manner that appropriately addresses the risks without stifling innovation. As experience is gained, international standards and best practices could be considered to provide guidance on the most appropriate regulatory responses in different fields, thereby promoting harmonization and cooperation across jurisdictions.
Comprehensive 200-page overview of the ECB from its inception in June 1998 until the present day.