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The chart below provides a full summary of all applying exchange-rate regimes for EU members, since the birth, on 13 March 1979, of the European Monetary System with its Exchange Rate Mechanism and the related new common currency ECU. On 1 January 1999, the euro replaced the ECU 1:1 at the exchange rate markets.
Microsoft announced that it had purchased a 1.6% share of Facebook for $240 million ($364 million in 2024 dollars [31]), giving Facebook an implied value of around $15 billion ($22.7 billion in 2024 dollars [31]). Facebook focused on generating revenue through targeted advertising based on user data, a model that drove its rapid financial growth
Microsoft Corporation is an American multinational technology conglomerate headquartered in Redmond, Washington. [2] Founded in 1975, the company became highly influential in the rise of personal computers through software like Windows, and the company has since expanded to Internet services, cloud computing, video gaming and other fields.
Amazon.com, Inc., [1] doing business as Amazon (/ ˈ æ m ə z ɒ n / ⓘ, AM-ə-zon; UK also / ˈ æ m ə z ə n /, AM-ə-zən), is an American multinational technology company engaged in e-commerce, cloud computing, online advertising, digital streaming, and artificial intelligence. [5]
In 2019, the under-five child mortality rate was 6.5 deaths per 1000 live births, placing the US 33rd of 37 OECD countries. [ 68 ] While not as high in 2015 (14) [ 69 ] as in 2013 (18.5), maternal deaths related to childbirth have shown recent increases; in 1987, the mortality ratio was 7.2 per 100,000. [ 70 ]
The unemployment rate was 7.2% in May 2017 while the employment rate was 67.4%, with the workforce consisting of 4,983,000 people while 387,000 are unemployed. [223] [224] Unemployment among youth (aged 24 or younger) in 2012 was 24.2%, making Sweden the OECD country with the highest ratio of youth unemployment versus unemployment in general. [225]
The rebound which started in mid-2003 saw growth rate growth rate averaging 3% (2004 and 2005 saw a GDP growth of 2.5% and 2.6% respectively; for 2006 and 2007, the rate was 3.6%). In 2008, GDP growth was modest in the first half of the year while declining in the last two quarters. Because of the base effect, real growth came to 1.9%.