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League of Nations formed
Constitution of the League of Nations adopted by the allies. -
First meeting of the League of Nations
League of Nations holds it's 1st meeting in Paris. -
Japan withdrawals from the League of Nations
Japan gives notice of its withdrawal from the League of Nations because of a dispute over Japan's renaming of Manchuria. -
Soviet Union Expelled
Stalin orders the red army to invade finnish territory and as a result, the League of Nations takes action against the soviet union and expells them -
Formation of the IMF and world bank
The US hosted an international conference at Bretton Woods, N.H., to deal with international monetary and financial problems. The talks resulted in the creation of the International Monetary Fund (IMF) and the World Bank in 1945. -
United Nations Formed
UN Charter ratified by a majority of the original 51 Member States. The day is now celebrated each year around the world as United Nations Day. -
End of the League of nations
The League transfers all its assets to the United Nations. Contract signed by Sean Lester, the last Secretary-General of the League of Nations. -
3 billion people
UN announced Earth’s that human population has hit 3 billion. -
Britain applies
Britain under PM Callaghan applied to the IMF for a loan of $3.9 billion. -
Money lent to mexico
IMF lent Mexico $3.8 billion due to threatened bankruptcy. The Mexican economy began to be run under the guidance of the World Bank and the Int’l. Monetary Fund. -
The Earth Summit
first earth summit held in Rio de Janeiro, Brazil, where environmental, social and economic issues were discussed. -
The WTO comes into existence.
after deliberation about the world trade organization from 1986 to 1994, it finally came into official existence. -
Secretary General Annan takes office
Secretary General Annan initiates a reform program that reflected popular demands from member states to change the permanent membership of the Security Council. -
Indonesia in need
Indonesia was awarded a $23 billion economic rescue package by the Int’l. Monetary Fund. Japan and Singapore promised an additional 5 million each and the US promised an additional $3 billion in loans to be used in case the $23 billion was insufficient to stabilize the situation. -
Mike Moore becomes director-general.
Mike Moore becomes director-general. Eventually a compromise was reached with Mike Moore and Supachai Panitchpakdi taking half each of a six-year term. -
Riots in seattle (WTO)
The Third Ministerial Conference takes place in Seattle, USA. The conference itself ends in failure, with massive demonstrations and riots (At least 30,000 protesters disrupt the summit) drawing worldwide attention. -
WTO announcement
WTO announces deal aimed at giving developing countries access to cheap medicines, hailing it as historic. Aid agencies express disappointment at the deal. -
everyone pitches in to help Ethiopia
Ethiopia received over $100 million in aid from the US and over $700 million in loans from the IMF. -
World summit at UN headquaters
The 2005 World Summit, held from 14 to 16 September at United Nations Headquarters in New York, brought together more than 170 Heads of State and Government. It was a "once-in-a-generation" opportunity to make bold decisions in the areas of development, security, human rights and reform of the United Nations. -
Welcome vietnam
Vietnam becomes the 150th WTO member state.
