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Rise of the League of Nations
The constitution of the League of Nations was adopted by the Paris Peace Conference. Its primary goals, as stated in its Covenant, included preventing wars through collective security and disarmament, and settling international disputes through negotiation and arbitration. -
Germany Not Allowed to Join the League of Nations
As Germany had started the war, according to the Treaty of Versailles, one of its punishments was that she was not considered to be a member of the international community and, therefore, it was not invited to join. -
War between Russia and Poland
In 1920, Poland invaded land held by the Russians. The Poles quickly overwhelmed the Russian army and made a swift advance into Russia. By 1921, the Russians had no choice but to sign the Treaty of Riga which handed over to Poland nearly 80,000 square kilometres of Russian land. However, The League of Nations did nothing to solve the dispute between Russia and Poland, but the members of this league only made Communist Russia even more antagonistic to the West. -
League of Nations Involvement in the Aaland Islands
These islands are near enough equal distant between Finland and Sweden. They had traditionally belonged to Finland but most of the islanders wanted to be governed by Sweden. The League’s decision was that they should remain with Finland but that no weapons should ever be kept there. -
League of Nations Involvement in Turkey
1,400,000 refugees had been created by this war with 80% of them being women and children. Typhoid and cholera were rampant. The League sent doctors from the Health Organisation to check the spread of disease and it spent £10 million on building farms, homes etc for the refugees. The League failed to stop a bloody war in Turkey, but it did respond to the humanitarian crisis caused by this war. -
Blueprint for an International Organization
Representatives of China, the UK, the US and the USSR meeting at Dumbarton Oaks in Washington, DC, prepared a blueprint for an international organization. -
Creation of the World Bank
The World Bank is one of five institutions created at the Bretton Woods Conference in 1944.The World Bank's official goal is the reduction of poverty. According to the World Bank's Articles of Agreement, all of its decisions must be guided by a commitment to promote foreign investment, international trade and facilitate capital investment.[4] -
Creation of The International Monetary Fund
The International Monetary Fund (IMF) is an international organization that was created on July 22, 1944 at the Bretton Woods Conference and came into existence on December 27, 1945 when 29 countries signed the Articles of Agreement. he IMF's stated goal was to stabilize exchange rates and assist the reconstruction of the world’s international payment system post World War II. -
Rise of the United Nations
The United Nations officially came into existence that day, when the UN Charter had been ratified by a majority of the original 51 Member States. Its stated aims are facilitating cooperation in international law, international security, economic development, social progress, human rights, and achievement of world peace. -
Universal Declaration of Human Rights Made
The U.N. has also made great strides in raising the consciousness of human rights beginning with the
“Universal Declaration of Human Rights” adopted by the General Assembly. The U.N. Commission
on Human Rights through its investigations and technical assistance in promoting free and fair elections
has helped many countries in the transition to democracy. -
Failure of U.N.: Settling Peace in Somalia
A U.N. mission failed to prevent local warlords from seizing food intended for starving citizens of Somalia. A U.S.-led U.N. military campaign to apprehend the warlords resulted in the disastrous Battle of Mogadishu. Nineteen U.S. military soldiers were killed and in 1994 U.S. forces withdrew from the region. -
Rise of World Trade Organization
WTO is commenced on the basis of the multilateral trade negotitations (Uruguay Bond) conducted by GATT members. It provides a framework for negotiating and formalizing trade agreements, and a dispute resolution process aimed at enforcing participants' adherence to WTO agreements which are signed by representatives of member governments and ratified by their parliaments. -
Agreement of Uruguay Bond Reached on Telecommunications Services,
Agreement was reached on telecommunications services, with 69 governments agreeing to wide-ranging liberalization measures that went beyond those agreed in the Uruguay Round. -
Argentina Ecnonmic Crisis - IMF Involvement
Argentina, which had been considered by the IMF to be a model country in its compliance to policy proposals by the Bretton Woods institutions, experienced a catastrophic economic crisis in 2001, which some believe to have been caused by IMF-induced budget restrictions, which undercut the government’s ability to sustain national infrastructure even in crucial areas such as health, education, and security and privatization of strategically vital national resources. -
The Fifth Ministerial Conference
The fifth ministerial conference was held in Cancún, Mexico, aiming at forging agreement on the Doha round. An alliance of 22 southern states, the G20 developing nations (led by India, China,[22] Brazil, ASEAN led by the Philippines), resisted demands from the North for agreements on the so-called "Singapore issues" and called for an end to agricultural subsidies within the EU and the US. The talks broke down without progress. -
U.N. peacekeepers were accused of attacking two Haitian slums
U.N. peacekeepers were accused of attacking two Haitian slums killing an undetermined number of unarmed residents in the attempt to disarm criminal gangs and former members of Haiti’s disbanded army. -
The Sixth WTO Ministerial Conference
It was considered vital if the four-year-old Doha Development Agenda negotiations were to move forward sufficiently to conclude the round in 2006. In this meeting, countries agreed to phase out all their agricultural export subsidies by the end of 2013, and terminate any cotton export subsidies by the end of 2006. -
International Development Association Loan Announced
Forty-five countries pledged US$25.1 billion in "aid for the world's poorest countries", aid that goes to the World Bank International Development Association (IDA) which distributes the loans to eighty poorer countries. While wealthier nations sometimes fund their own aid projects, including those for diseases, and although IDA is the recipient of criticism, Robert B. Zoellick, the president of the World Bank, said when the loans were announced on 15 December 2007, that IDA money "is the core f -
Number of Quota Reforms Passed - IMF
In 2008, a number of quota reforms were passed including shifting 6% of quota shares to dynamic emerging markets and developing countries. -
Russia, Belarus, and Kazakhstan plan to join WTO
In 2009, it was announced that Russia, Belarus, and Kazakhstan plan to join the WTO simultaneuously, in the framework of the Customs Union.
