The Organization of the Petroleum Exporting Countries (OPEC, / ˈ oʊ p ɛ k / OH-pek) is an organization enabling the co-operation of leading oil-producing countries in order to collectively influence the global oil market and maximize profit.It was founded on 14 September 1960 in Baghdad by the first five members (Iran, Iraq, Kuwait, Saudi Arabia, and Venezuela).
The Organisation for Economic Co-operation and Development ( OECD; French: Organisation de coopération et de développement économiques, OCDE) is an intergovernmental organisation with 38 member countries, [1] [4] founded in 1961 to stimulate economic progress and world trade. It is a forum whose member countries describe themselves as
Deep Throat. (Image credit: Alamy) Perhaps the best-known pornographic film of all time, this 1972 classic helped to usher in the Golden Age of Porn and tells the story of Linda Lovelace (played
Justin Sullivan / Getty Images. Democrats have introduced bicameral legislation this week to take a step toward getting Wall Street out of the housing market amid a crisis during which house prices have soared to record highs. The bill would ban hedge funds from buying and owning single-family homes. The legislation would require hedge funds to
In 1932, the Bank of Ethiopia gave out the same denominations of notes. In 1945, the State Bank of Ethiopia introduced the second series of the notes in denominations of 1, 5, 10, 50, 100, and 500 birr. From 1966, the production of banknotes was in all the denominations except the 500 birr with the National Bank of Ethiopia being the producer.
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