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International Finance

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How Many Countries in the World? There are 196 countries in the world today. Unless you don't count Taiwan… Taiwan is not considered an official country by many, which would bring the countdown to 195 countries. Although Taiwan operates as an independent country, many countries (including the U.S.) do not officially recognize it as one. Because the People's Republic of China considers Taiwan a breakaway province of China, countries who wish to maintain diplomatic relations with China have had to sever their formal relations with Taiwan (more than 100 countries, however, have unofficial relations with Taiwan). | | |
Republic of China
Geography: The Republic of China today consists of the island of Taiwan, an island 100 mi (161 km) off the Asian mainland in the Pacific; two off-shore islands, Kinmen (Quemoy) and Matsu; and the nearby islets of the Pescadores chain. It is slightly larger than the combined areas of Massachusetts and Connecticut.
Government: Multiparty democracy.
History: Taiwan was inhabited by aborigines of Malayan descent when Chinese from the areas now designated as Fukien and Kwangtung began settling it in the 7th century, becoming the majority. The Portuguese explored the area in 1590, naming it “the Beautiful” (Formosa). In 1624 the Dutch set up forts in the south, the Spanish in the north. The Dutch forced out the Spanish in 1641 and controlled the island until 1661, when Chinese general Koxinga took it over and established an independent kingdom. The Manchus seized the island in 1683 and held it until 1895, when it passed to Japan after the first Sino-Japanese War. Japan developed and exploited Formosa. It was the target of heavy American bombing during World War II, and at the close of the war the island was restored to China.
After the defeat of its armies on the mainland, the Nationalist government of Generalissimo Chiang Kai-shek retreated to Taiwan in Dec. 1949. Chiang dominated the island, even though only 15% of the population consisted of the 1949 immigrants, the Kuomintang. He maintained a 600,000-man army in the hope of eventually recovering the mainland. Beijing viewed the Taiwanese government with suspicion and anger, referring to Taiwan as a breakaway province of China.
The UN seat representing all of China was held by the Nationalists for over two decades before being lost in Oct. 1971, when the People's Republic of China was admitted and Taiwan was forced to abdicate its seat to Beijing.
Kosovo
Geography: Kosovo is land-locked and mostly mountainous. It borders Serbia to the north and east, Montenegro to the northwest, Albania to the west, and Macedonia to the south. Kosovo is roughly the size of Connecticut.
Government: Republic. Kosovo, a former territory of Serbia, declared independence in February 2008.
History: The first inhabitants on the Balkan Peninsula were the ancient people known as the Illyrians. The Slavs followed in the 6th and 7th centuries. Albanian speakers began moving into Kosovo from the Adriatic in the 8th century. Kosovo was ruled by Bulgaria from the 9th century until Serbs gained control of Kosovo in the 12th century. Kosovo was the site of the Serbs' defeat by the Ottoman Turks in 1389. Kosovo was then absorbed by the Ottoman Empire. The battle at Kosovo Field figures prominently in Serbian poetry and has great national significance as the cradle of Serbian civilization.
The Ottoman Empire ruled Kosovo for centuries, until 1913, when Serbia resumed control over the region. Under Ottoman rule, the region grew increasingly more populated by Albanian speakers as a large number of Christian Serbs emigrated. (Albanians are largely Muslim.) In 1918, Kosovo became part of the Yugoslav Federation.

Serbia
Geography: Serbia is largely mountainous. Its northeast section is part of the rich, fertile Danubian Plain drained by the Danube, Tisa, Sava, and Morava river systems. It borders Croatia on the northwest, Hungary on the north, Romania on the northeast, Bulgaria on the east, Macedonia on the south, and Albania, Montenegro, and Bosnia and Herzegovina on the west.
Government: Republic. Serbia was one of six republics that made up the country of Yugoslavia, which broke up in the 1990s. In Feb. 2003, Serbia and Montenegro were the remaining two republics of rump Yugoslavia, forming a loose federation. In 2006, Montenegro split from Serbia.
History: Serbs settled the Balkan Peninsula in the 6th and 7th centuries and adopted Christianity in the 9th century. In 1166, Stefan Nemanja, a Serbian warrior and chief, founded the first Serbian state. By the 14th century, under the rule of Stefan Dusan, it became the most powerful state in the Balkans. After Serbia was defeated in the Battle of Kosovo in 1389, it was absorbed into the Ottoman Empire. Throughout the 19th century its struggle against Ottoman rule intensified, and in 1878 Serbia gained independence after Russia defeated the Ottoman Turks in the Russo-Turkish war of 1877–1878. In the Balkan wars (1912–1913), Serbia and other Balkan states seized hold of more former Ottoman lands on the peninsula.

Palestine
Palestine (Greek: Palestine; Latin: Palaestina;) is a conventional name, among others, used to describe the geographic region between the Mediterranean Sea and the Jordan River, and various adjoining lands.
The boundaries of the region have changed throughout history, and were first defined in modern times by the Franco-British boundary agreement (1920) and the Transjordan memorandum of 16 September 1922, during the British Mandate for Palestine. Today, the region comprises the country of Israel and the Palestinian territories.
Palestine is also used to refer to the State of Palestine which, since the Palestinian Declaration of Independence in 1988, has referred to a state in the Palestinian territories on 22% of the British Mandate. The State of Palestine is recognized today by approximately two-thirds of the world's countries, although this status is not recognized by the United Nations, Israel and major Western nations such as the United States.
Other terms for the same area include Canaan, Zion, the Land of Israel, Syria Palaestina, Southern Syria, Jund Filastin, Outremer, the Holy Land and the Southern Levant.
Etymology: Further information: Definitions of Palestine and History of the name Palestine
The term Peleset (transliterated from hieroglyphs as P-r-s-t) is found in numerous Egyptian documents referring to a neighboring people or land starting from c.1150 BCE during the Twentieth dynasty of Egypt. The first mention is thought to be in texts of the temple at Medinet Habu which record a people called the Peleset among the Sea Peoples who invaded Egypt in Ramses III's reign. The Assyrians called the same region Palashtu or Pilistu, beginning with Adad-nirari III in the Nimrud Slab in c.800 BCE through to emperor Sargon II in his Annals approximately a century later. Neither the Egyptian nor Assyrian sources provided clear regional boundaries for the term. History: Main article: Palestine Further information: Time periods in the region of Palestine
Overview
Situated at a strategic location between Egypt, Syria and Arabia, and the birthplace of the Judaism and Christianity, the region has a long and tumultuous history as a crossroads for religion, culture, commerce, and politics. The region has been controlled by numerous different peoples, including Ancient Egyptians, Canaanites, Ancient Israelites, Assyrians, Babylonians, Persians, Ancient Greeks, Romans, Byzantines, the Sunni Arab Caliphate, the Shia Fatimid Caliphate, Crusaders, Ayyubids, Mameluks, Ottomans, the British and modern Israelis and Palestinians. Modern archaeologists and historians of the region refer to their field of study as Syro-Palestinian archaeology

World population: The world population is the totality of all living humans on the planet Earth. As of today, it is estimated to number 6.991 billion by the United States Census Bureau. According to a separate estimate by the United Nations, it has already exceeded 7 billion. The world population has experienced continuous growth since the end of the Great Famine and Black Death in 1350, when it stood at around 370 million. The highest rates of growth – global increases above 1.8% per year – were seen briefly during the 1950s, and for a longer period during the 1960s and 1970s. The growth rate peaked at 2.2% in 1963, and had declined to 1.1% by 2011. Total annual births were highest in the late 1980s at about 138 million, and are now expected to remain essentially constant at their 2011 level of 134 million, while deaths number 56 million per year, and are expected to increase to 80 million per year by 2040. Current projections show a continued increase in population (but a steady decline in the population growth rate), with the global population expected to reach between 7.5 and 10.5 billion by 2050.

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