-
Russia Rejected from League of Nations
Russia was also not allowed to join becuase of the communist government that generated fear in western Europe. In 1918, the Russian royal family The Romanovs was murdered and such country could not be allowed to take its place in the League. -
Germany Rejected from League of Nations
Germany was not allowed to join the League in 1919, as Germany started the war. Their punishment was that they were not considered to be a member of the international community and was not invited to join. This was a great disaster to Germany, but it also meant that the League could not use the strength Germany had to support its campaign. -
League of Nations was Adopted
The Headquarter is in Geneva and decided that any country that resorted war will be in economic sanctions. -
Japan Invades China
The Chinese government appealed to the League of Nations under Article 11 of the Covenant and also to the United States as a signatory of the Kellogg Pact. -
Manchuria--> Manchukuo
Japanese invasion of Manchuria was refused to recognize Manchukuo as an independent state. -
Italy to be Sanctioned
Mussolini sent soldiers to Ethiopia. The League of Nations condemned Italy and in November imposed sanctions. This included to ban countries from selling arms, rubber and metals to Italy. Political leaders in France and Britain opposed sanctions because it might persuade Mussolini to form an alliance with Adolf Hitler. -
Hitlers Request to Chamberlain
Neville Chamberlain, the British prime minister, met Adolf Hitler at his home in Berchtesgaden. Hitler threatened to invade Czechoslovakia unless Britain supported Germany's plans to takeover the Sudetenland. But then, Chamberlain informed Hitler that his proposals were unacceptable. -
Germany gets Sudetenland
Mussolini suggested to Adolf Hitler to have a conference of Germany, Britain, France and Italy, excluding Czechoslovakia and Soviet Union.
The meeting took place in Munich and agreed that Germany could have Sudetenland. -
Russian Invasion
Joseph Stalin ordered the Red Army to invade Germany on 30th November 1939. This time, the League of Nations decided to expel the Soviet Union. In 1946, the League of Nations was handed over to the United Nations. -
IMF and the World Bank
The IMF and World Bank were created to restore the volume of international trade that had dropped due to instability since the 1930s. -
United Nations comes in being
United Nations officially comes into existence -
IMF and World Bank Officially Formed
In December 1945, the IMF and the World Bank, were officially established. The original purpose was to grant loans to rebuild Europe after the war. Both institutions worked for economic stabilization of Europe. -
UN's Universal Declaration of Human Rights
The U.N. Commission on Human Rights through its investigations and technical assistance in promoting free and fair elections helped many countries transition to democracy. -
International Finance Corporation Formed
International Finance Corporation (IFC) was established as an affiliate of the World Bank to provide finance to the private sector. -
Yugoslavia Kicked Out of IMF
-
Multilateral Trade Negotiations Commenced
It is a legal successor to the General Agrerment on Tariffs and Trade (GATT). 153 member countries (2010). -
World Trade Organization Formed
-
Rescue Russia
IMF announced a $17.1 billion rescue package for Russia. -
UN Peacekeepers Accused
U.N. peacekeepers were accused of attacking two Haitians, killing an undetermined number of unarmed residents in the attempt to disarm criminal gangs and former members of Haiti’s disbanded army. -
World Summit to Reform U.N
A World Summit was held at U.N. headquarters in New York for security, human rights and reform of the U.N. The meeting was aimed to make breaking proposals to promote democracy worldwide, protect human rights, end poverty, and meet the threat of global terrorism. Four main themes that were discussed was Freedom from Want, Freedom from Fear, Freedom to Live in Dignity, and Strengthening the U.N -
Doha Round
The successful conclusion of the Doha negotiations would confirm the central role of multilateral liberalisation and rule-making. It would confirm the WTO as a powerful shield against protectionist backsliding. -
IT Product Duty Free Day
On 14–15 May 2012, the WTO will hold a symposium to celebrate the 15th anniversary of the Information Technology Agreement, an agreement which commits participants to completely eliminate duties on IT products.
