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foreign exchange

(Encyclopedia)foreign exchange, methods and instruments used to adjust the payment of debts between two nations that employ different currency systems. A nation's balance of payments has an important effect on the ...

Pujo, Arsène Paulin

(Encyclopedia)Pujo, Arsène Paulin arsĕnˈ pôlăNˈ püzhōˈ [key], 1861–1939, U.S. congressman, b. Lake Charles, La. He practiced law in Louisiana before serving (1903–13) as a Democratic Congressman in the...

balance of payments

(Encyclopedia)balance of payments, balance between all payments out of a country within a given period and all payments into the country, an outgrowth of the mercantilist theory of balance of trade. Balance of paym...

European Monetary Agreement

(Encyclopedia)European Monetary Agreement (EMA), international governmental facility (1958–72) for the settlement of balance of payments accounts between member states. The EMA, which was administered by the Orga...

Bach, Thomas

(Encyclopedia)Bach, Thomas, 1953–, German sports executive, b. Würzberg. A lawyer and businessman, he won a gold medal in team fencing representing West Germany in the 1976 Montreal Olympics. Bach served as pres...

Lewis, Carl

(Encyclopedia)Lewis, Carl (Frederick Carlton Lewis), 1961–, American sprinter and jumper, b. Birmingham, Ala. A star in high school and at the Univ. of Houston, he became possibly the greatest track athlete of al...

Kuznetsk Alatau

(Encyclopedia)Kuznetsk Alatau ko͞oznyĕtskˈ əläˈtou [key], mountain range, S Siberian Russia, E of Novokuznetsk, rising to about 6,900 ft (2,100 m). Part of the great mountain system of central Asia, the range...

central bank

(Encyclopedia)central bank, financial institution designed to regulate and control the money supply of a nation, with the goal of fostering economic growth without inflation. Although central banking systems have v...

pyrite

(Encyclopedia)pyrite pīrīˈtēz, pə–, pīˈrīts [key], pale brass-yellow mineral, the bisulfide of iron, FeS2. It occurs most commonly in crystals (belonging to the isometric system and usually in the form of...

Lagarde, Christine

(Encyclopedia)Lagarde, Christine (Christine Madeleine Odette Lallouette Lagarde) krĭstēnˈ lägärdˈ [key], 1956–, French lawyer and government official, the first woman to head the International Monetary Fund...