Wall Street

Wall Street is a 0.7-mile-long (1.1 km) street running eight blocks, roughly northwest to southeast, from Broadway to South Street on the East River in the Financial District of Lower Manhattan, New York City. Over time, the term has become a metonym for the financial markets of the United States as a whole, the American financial sector (even if financial firms are not physically located there), or signifying New York-based financial interests.

Anchored by Wall Street, New York City has been called both the most economically powerful city and the leading financial center of the world, and the city is home to the world's two largest stock exchanges by total market capitalization, the New York Stock Exchange and NASDAQ. Several other major exchanges have or had headquarters in the Wall Street area, including the New York Mercantile Exchange, the New York Board of Trade, and the former American Stock Exchange.

History

Early years

There are varying accounts about how the Dutch-named "de Waal Straat" got its name. A generally accepted version is that the name of the street was derived from an earthen wall on the northern boundary of the New Amsterdam settlement, perhaps to protect against English colonial encroachment or incursions by Native Americans. A conflicting explanation is that Wall Street was named after Walloons— the Dutch name for a Walloon is Waal. Among the first settlers that embarked on the ship "Nieu Nederlandt" in 1624 were 30 Walloon families. The Dutch word "wal" can be translated as "rampart". However, even some English maps show the name as Waal Straat, and not as Wal Straat.

Zee Business

Zee Business is a Hindi business news channel based in Noida, India. The channel is owned by Zee News.

See also

References

External links

North Korea

Coordinates: 40°00′N 127°00′E / 40.000°N 127.000°E / 40.000; 127.000

North Korea ( listen), officially the Democratic People's Republic of Korea (DPRK; Chosŏn'gŭl: 조선민주주의인민공화국; hancha: 朝鮮民主主義人民共和國; MR: Chosŏn Minjujuŭi Inmin Konghwaguk), is a country in East Asia, in the northern part of the Korean Peninsula. The name Korea is derived from the Kingdom of Goguryeo, also spelled as Koryŏ. The capital and largest city is Pyongyang. North Korea shares a land border with China to the north and northwest, along the Amnok (Yalu) and Tumen rivers, and a small section of the Tumen River also forms a border with Russia to the northeast. The Korean Demilitarized Zone marks the boundary between North Korea and South Korea.

Korea was annexed by the Empire of Japan in 1910. After the Japanese surrender at the end of World War II in 1945, Korea was divided into two zones by the United States and the Soviet Union, with the north occupied by the Soviets and the south by the Americans. Negotiations on reunification failed, and in 1948 two separate governments were formed: the Democratic People's Republic of Korea in the north, and the Republic of Korea in the south. An invasion initiated by North Korea led to the Korean War (1950–53). Although the Korean Armistice Agreement brought about a ceasefire, no official peace treaty was ever signed. Both states were accepted into the United Nations in 1991.

Ruchir Sharma

Ruchir Sharma is an emerging market portfolio manager, and has written widely on global economics and politics. As head of the Emerging Markets Equity team at Morgan Stanley Investment Management, he manages over $25 billion in assets under management. A longtime columnist for newspapers and magazines around the world, Sharma is the author of Breakout Nations: In Pursuit of the Next Economic Miracles (Norton/Allen Lane, April 2012).

Career

Sharma has told interviewers he spent his early school years in Mumbai, Delhi, and Singapore. He did his undergraduate studies at the Shri Ram College of Commerce in New Delhi, and afterward joined a securities trading company, and in 1991 he launched a column called For Ex, first for The Observer, later for The Economic Times of India. His writings attracted the attention of Morgan Stanley, which hired him in its Mumbai office in 1996. In 2002 he moved to the New York office, which remains his base today. In 2003 he became cohead of the emerging markets team at Morgan Stanley Investment Management. In 2006 he became head of the team.

Morgan Report

The Morgan Report was an 1894 report concluding an official U.S. Congressional investigation into the events surrounding the overthrow of the Hawaiian Kingdom, including the alleged role of U.S. military troops (both bluejackets and marines) in the overthrow of Queen Liliʻuokalani. Along with the Blount Report submitted in 1893, it is one of the main source documents compiling the testimony of witnesses and participants in the overthrow of the Hawaiian Kingdom in January 1893. The Morgan Report was the final result of an official U.S. Congressional investigation into the overthrow, conducted by the United States Senate Committee on Foreign Relations, whose chairman was Senator John Tyler Morgan, Democrat of Alabama.

The Report is formally named the Senate Report 227 of the 53rd Congress, second session, and dated February 26, 1894. It was printed as part of a large volume containing other government documents: "Reports of Committee on Foreign Relations 1789-1901 Volume 6."

Background