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David Lloyd George, 1st Earl Lloyd-George of Dwyfor [a] (17 January 1863 – 26 March 1945) was Prime Minister of the United Kingdom from 1916 to 1922. A Liberal Party politician from Wales, he was known for leading the United Kingdom during the First World War, for social-reform policies, for his role in the Paris Peace Conference, and for negotiating the establishment of the Irish Free State.
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. [182] During the war British private investments abroad were sold, raising £550 million.
Also under the new austerity measures and among other changes, the personal income tax-free ceiling has been reduced to €5,000 per annum [243] while further future changes, for example abolition of this ceiling, are already being planned. [244] Greece's corporate tax dropped from 40% in 2000 [242] to 20% in 2010. [242]
Insurance is a means of protection from financial loss in which, in exchange for a fee, a party agrees to compensate another party in the event of a certain loss, damage, or injury.
In 1969, the Government of India announced the introduction of a new express train capable of reaching speeds of up to 120 km/h (75 mph) in the railway budget and the first Rajdhani Express was flagged off from New Delhi to Howrah in March 1969. [30] [31] In 1974, Indian Railways endured a 20-day strike.
During 1942 surplus Luftwaffe personnel was used to form Luftwaffe Field Divisions, standard infantry divisions that were used chiefly as rear echelon units to free up front line troops. From 1943, the Luftwaffe also had an armoured division called Fallschirm-Panzer Division 1 Hermann Göring , which was expanded to a Panzerkorps in 1944.
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