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The League of Nations Constitution is adopted by the Paris Peace Conference. It is founded as a result of the Treaty of Versailles and the end of the first World War. The League of Nations is officially formed.
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The Legaue of Nations faces a crisis because Japan invades China and occupies large areas of the Manchuria province, and later declares the conquered areas to be a country called Manchukuo that belonged to Japan. In response to the invasion, the Chinese government appeals to the League of nations under Article 11 of the Covenant.
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The League of Nations meet with Benito Mussolini and Adolf Hitler, and agree to give Germany Sudetenland to avoid war and an alliance between Germany and the Soviet Union. Adolf Hitler, Benito Mussolini, and the representatives of the League of Nations sign the Munich Agreement. Neither country is punished by the League of Nations for their invasions in Europe.
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After Stalin’s negotiations with the stationing of his troops in Finland in order to protect Leningrad failed, he ordered the Red Army to invade Finland. The League of Nations expel the Soviet Union from the League of Nations.
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The World Bank is c reated at the Bretton Woods Conference. Another international organization created at the Bretton Woods Conference is the International Monetary Fund It is created to help foreign investment and international trade.
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The International Monetary Fund is created at the Bretton Woods Conference. It is created as part of the Bretton Woods system exchange agreement that was made in 1944. It's duty is to foster economic development and stablity, and to promote peace throughout the nations.
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The United Nations is officially established. Since the League of Nations failed to prevent WW2, and in the hopes of evading another World War, the United Nations is created to replace the League of Nations. It's duty is to bring together all the nations of the world, so that they can work together, and strive for peace.
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The International Monetary Fund enterns into force and is officially established. It's come into existince since 29 countries signed the Articles of Agreement.
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The responsibilities of the League of Nations are transferred to the United Nations. The League of Nations is now officailly disbanded.
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The General Agreement on Tariffs and Trade is established. This Agremment is signed by 23 countries. It is the predecessor of the World Trade Organization, and is a multilateral agreement regulating international trade.
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The United Nations Peacekeeping begin. Their first mission is to maintain the cease fair between the Arabs and the Israelis in the 1948 Arab-Israeli War.
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The United Nations headquarters in New York City officially open. However, construction on the headquarters will not be completed until the 9th of October, 1952
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The peace-keeping forces of the United Nations are awarded the Nobel Peace Prize. The Nobel Peace Prize Committee release says that the UN has "made a decisive contribution" to the resolution of conflicts throughout the world.
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GATT trade ministers meet for the last time under GATT auspices to finish the Uruguay Round, the most ambitious and far-reaching trade route so far, and to establish the World Trade Organization
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The World Trade Organization is officially commenced under the Marrakech Agreement. It is created in Geneva, and is the legal successor of the General Agreement on Tariffs and Trade. It is an international non-profit organization which regulates trades between its participating countries.
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China officially becomes a member of the World Trade Organization. It is the 143rd member to join. Just weeks after China's admission, Taiwan also became a member of the World Trade Organization.
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The United Nations approve a no-fly zone over Libya and militaristic defense. These measures are made to protect civilians from attacks by Gaddafi's forces
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Christine Lagarde becomes the International Monetary Fund's Managing Director. She replaces Dominque Strauss-Kahn as the Managing Director after he resigns due to a sexual-harassment scandal.
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After an 18-year negotiation with the WTO, the WTO finally allows Russia to become a member. Ever since the Russo-Georgian war of 2008, Georgia imposed a veto against Russia's joining. However, Switzerland was able to persuade Georgia to rescind its veto, lettin Russia finally become a part of the World Trade Organization.
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Jim Yong Kim becomes the latest head of the World Bank. He was nominated by the USA as a candidate for the President of the Bank.
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The International Finance Corporation, a part of the World Bank, is established. It is established to provide finance for the private sector in developing countries.
