An economic union is a type of trade bloc which is composed of a common market with a customs union. The participant countries have both common policies on product regulation, freedom of movement of goods, services and the factors of production (capital and labour) and a common external trade policy. When an economic union involves unifying currency it becomes …

The Emergency Economic Stabilization Act of 2008, often called the "bank bailout of 2008", was proposed by Treasury Secretary Henry Paulson, passed by the 110th United States Congress, and signed into law by President George W. Bush.It became law as part of Public Law 110-343 on October 3, 2008, in the midst of the financial crisis of 2007–2008.It created the $700 billion …

The European Green Deal, approved 2020, is a set of policy initiatives by the European Commission with the overarching aim of making the European Union (EU) climate neutral in 2050. An impact assessed plan will also be presented to increase the EU's greenhouse gas emission reductions target for 2030 to at least 50% and towards 55% compared with 1990 levels.

The Economic Cooperation Organization or ECO is an Asian political and economic intergovernmental organization which was founded in 1985 in Tehran by the leaders of Iran, ... The objective is to establish a single market for goods and services, much like the European Union. Following the dissolution of the Soviet Union, ...

History. The Treaty of Paris (1951) establishing the European Coal and Steel Community established a right to free movement for workers in these industries, and the Treaty of Rome (1957) provided a right for the free movement of workers within the European Economic Community, to be implemented within 12 years from the date of entry into force of the treaty.

The European Union (EU) has had permanent observer status at the United Nations (UN) since 1974, and has had enhanced participation rights since 2011. The EU itself does not have voting rights but it is represented alongside its 27 members, one of which, France, is a permanent member of the Security Council

The climate and energy policy is a choice between democracy and autocracy.The choice is one between patronage-based oil-and-gas oligarchies on the one hand, and adaptive and innovative low-carbon economy on the other.. Under the requirements of the Directive on Electricity Production from Renewable Energy Sources, which entered into force in October 2001, the …

The High Representative of the Union for Foreign Affairs and Security Policy (HR/VP) is the chief co-ordinator and representative of the Common Foreign and Security Policy (CFSP) within the European Union (EU). The position is currently held by Josep Borrell Fontelles.. The Treaty of Amsterdam had established the position of High Representative for Common Foreign and …

The European Union (abbreviation: EU) is a confederation of 27 member countries in Europe established by the Maastricht Treaty in 1992-1993. The EU grew out of the European Economic Community (EEC) which was established by the Treaties of Rome in 1957.It has created a common economic area with Europe-wide laws allowing the citizens of EU countries to move …

Key events. 1945 – The end of World War II; 1950 – Schuman Declaration proposes pooling French and German markets for coal and steel 1951 – Treaty of Paris creates Coal and Steel Community 1957 – Treaty of Rome creates European Economic Community (by "The Six": Belgium, France, Italy, Luxembourg, the Netherlands and West Germany) 1963 – Ankara …