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The currency of the reserves was solely the US dollar, incurring speculated losses after the dollar prices fell during 2005, forcing the then Governor SBP Ishrat Hussain to step down. In the same year, the SBP issued an official statement proclaiming diversification of reserves in currencies including Euro and Yen, withholding the ratio of ...
In a 1998 book, John McMurtry suggested that a financial crisis is a systemic crisis of capitalism itself. [381] In his 1978 book, The Downfall of Capitalism and Communism, Ravi Batra suggests that growing inequality of financial capitalism produces speculative bubbles that burst and result in depression and major political changes. He also ...
Alzheimer's disease (AD) is a neurodegenerative disease that usually starts slowly and progressively worsens. [2] It is the cause of 60–70% of cases of dementia. [2] [15] The most common early symptom is difficulty in remembering recent events. [1]
The EU established a parliament, court and central bank, and introduced the euro as a unified currency. [234] Between 2004 and 2013, more Central European countries began joining, expanding the EU to 28 European countries and once more making Europe a major economical and political centre of power. [ 235 ]
The English name Switzerland is a portmanteau of Switzer, an obsolete term for a Swiss person which was in use during the 16th to 19th centuries, and land. [28] The English adjective Swiss is a loanword from French Suisse , also in use since the 16th century.
Turkey, [a] officially the Republic of Türkiye, [b] is a country mainly located in Anatolia in West Asia, with a small part called East Thrace in Southeast Europe.It borders the Black Sea to the north; Georgia, Armenia, Azerbaijan, and Iran to the east; Iraq, Syria, and the Mediterranean Sea to the south; and the Aegean Sea, Greece, and Bulgaria to the west.
English has taken a major role in Japan as a business and international link language, and is a compulsory subject at the junior and senior high school levels. [257] Japanese Sign Language is the primary sign language used in Japan and has gained some official recognition, but its usage has been historically hindered by discriminatory policies ...