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Coin exchange crisis of 692.Byzantine emperor Justinian II refuses to accept tribute from the Umayyad Caliphate with new Arab gold coins for fear of exposing double counting in the Byzantine financial system (actual weight less, than nominal quantity), which leads to the Battle of Sebastopolis and the revolt of taxpayers who burned financial officials in a copper bull.
The 1967 Oil Embargo began on June 6, 1967, the second day of the Six-Day War, with a joint Arab decision to deter any countries from supporting Israel militarily. Several Middle Eastern countries eventually limited their oil shipments, some embargoing only the United States and the United Kingdom, while others placed a total ban on oil exports.
This is a list of modern conflicts in the Middle East ensuing in the geographic and political region known as the Middle East. The "Middle East" is traditionally defined as the Fertile Crescent (Mesopotamia), Levant, and Egypt and neighboring areas of Arabia, Anatolia and Iran. It currently encompasses the area from Egypt, Turkey and Cyprus in ...
This is a list of sovereign states in the 1960s, giving an overview of states around the world during the period between 1 January 1960 and 31 December 1969. It contains 165 entries, arranged alphabetically, with information on the status and recognition of their sovereignty .
Baring crisis [23] 1982: Latin American debt crisis [23] 1988–89: Latin American debt crisis [23] 2001: Following years of instability, the Argentine economic crisis (1999–2002) came to a head, and a new government announced it could not meet its public debt obligations. [23] 2005–16: Argentine debt restructuring. 2014 [24] [25] 2020 [26 ...
The term "Arab Cold War" was first used by Malcolm H. Kerr, an American political scientist and Middle East scholar, in his 1965 book of the same name and subsequent editions. [9] Despite its name, the Arab Cold War was not a conflict between capitalist and communist economic systems.
To refer to a concept similar to that of today's Middle East but earlier in time, the term ancient Near East is used. This list is intended as a timeline of the history of the Middle East. For more detailed information, see articles on the histories of individual countries. See ancient Near East for ancient history of the Middle East.
A banking crisis is a financial crisis that affects banking activity. Banking crises include bank runs , which affect single banks; banking panics, which affect many banks; and systemic banking crises, in which a country experiences many defaults and financial institutions and corporations face great difficulties repaying contracts. [ 1 ]