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The League of Nations was formed to ensure that war never broke out again.
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Italian nationalists were angery because the Big Three had borken promises to Italy. So they captured the port of Fiume. For 15 months, Fiume was governed by an Italian nationalist called d’Annunzio. The League did nothing to help the situation.
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The islands were located between Finland and Sweden and the countries could not decide who it belogned to. The League’s decision was that the islands should remain with Finland but they are not allowed to harbor weapons there.
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The border between Italy and Albania was unclear and the Treary of Versailees did not address this issue. This was irritating towards both nations. The League did not do much to help this situation.
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Greece and Bulgeria had a common border. In 1925, sentries patrolling this border accidently fired on one another and a Greek soldier was killed. Thus, the Greek army decided to invade Bulgaria. The League sent experts to the border and decided to blame Greece. They were fined £45,000. Both countries accepted this decision.
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The purpose of this organization is to bring nations in the world together so that they could work on peace, developement, human dignity and the well-being of all people.
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The main purpose of the World Bank was to grant loans in order to help Europe rebuild itself after the war.
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The U.N. started to make the public aware of human rights starting with “Universal Declaration of Human Rights” adopted by the General Assembly.
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The UN authorized the international coalitions that fought in the Korean War.
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During this crisis, the U.N. was used as a podium by the United States to challenge the Soviet Union’s placement of nuclear missiles in Cuba. The emarrassment forced the Soviets to remove the missiles from Cuba.
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In Russia and other former Soviet bloc countries, the IMF imposed "economic shock therapy" measures, which involved the sudden introduction of capitalism into what were previous command economies. The result has been widespread unemployment, and in the case of Poland going from 0% in 1990 to 15% in 1993. This has also led to the devaluation of pensions and large cuts in social services.
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More than half of the World Bank's $24 billion annual lending supports projects in environmentally sensitive areas. 15% of World Bank loans were for projects (such as dams) which relocated approximately 2 million people.
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The UN peace keeping forces recieved the noble peace prize.
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The World Bank has, according to the campaign, failed to address the structural problems of poverty, and these problems are exacerbated by SAPs. The Bank is "throwing good money after bad" by creating poverty situations, which lead to the necessity of further loans to attack the symptoms of the disease.
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Purpose of Organization: It controls implementations of trade agreements. It also organizes and maintains negotiations between WTO memeber states. Lastly, it oversee the trade policies of the WTO member states and settles trade disputes between the members.
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Agreement was reached on telecommunications services, with 69 governments agreeing to wide-ranging liberalization measures that went beyond those agreed in the Uruguay Round.
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Total trade in 2000 was 22-times the level of 1950.
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Peace is partly an outcome of two of the most fundamental principles of the trading system: helping trade to flow smoothly, and providing countries with a constructive and fair outlet for dealing with disputes over trade issues.
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It is believed that the World Trade Organization puts commerical interest over the environment.
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With this organization, humans can cut the cost of living. Thus food is cheaper. By negotiating agriculture reform, the cost of food has dereased in the past years. Clothing is also cheaper. The textiles and clothing trade is going through a major reform — under the WTO — that will be completed in 2005. The programme includes eliminating restrictions on quantities of imports.
