Concept
Sterling area
Related concepts (6)
Anthony Eden
Robert Anthony Eden, 1st Earl of Avon, (12 June 1897 – 14 January 1977) was a British politician who served as Prime Minister of the United Kingdom and Leader of the Conservative Party from 1955 until his resignation in 1957. Achieving rapid promotion as a young Conservative member of Parliament, he became foreign secretary aged 38, before resigning in protest at Neville Chamberlain's appeasement policy towards Mussolini's Fascist regime in Italy. He again held that position for most of the Second World War, and a third time in the early 1950s.
Currency union
A currency union (also known as monetary union) is an intergovernmental agreement that involves two or more states sharing the same currency. These states may not necessarily have any further integration (such as an economic and monetary union, which would have, in addition, a customs union and a single market). There are three types of currency unions: Informal – unilateral adoption of a foreign currency. Formal – adoption of foreign currency by virtue of bilateral or multilateral agreement with the monetary authority, sometimes supplemented by issue of local currency in currency peg regime.
United States dollar
The United States dollar (symbol: to distinguish it from other dollar-denominated currencies; referred to as the dollar, U.S. dollar, American dollar, or colloquially buck) is the official currency of the United States and several other countries. The Coinage Act of 1792 introduced the U.S. dollar at par with the Spanish silver dollar, divided it into 100 cents, and authorized the minting of coins denominated in dollars and cents. U.S.
Pound sterling
Sterling (ISO code: GBP) is the currency of the United Kingdom and nine of its associated territories. The pound (sign: £) is the main unit of sterling, and the word "pound" is also used to refer to the British currency generally, often qualified in international contexts as the British pound or the pound sterling. In British English, its most common nickname is "quid." Sterling is the world's oldest currency that is still in use and that has been in continuous use since its inception.
Rhodesia
Rhodesia (rəʊˈdiːʒə, rəʊˈdiːʃə; Rodizha), officially from 1970 the Republic of Rhodesia, was an unrecognised state in Southern Africa from 1965 to 1979, equivalent in territory to modern Zimbabwe. Rhodesia was the de facto successor state to the British colony of Southern Rhodesia, which had been self-governing since achieving responsible government in 1923. A landlocked nation, Rhodesia was bordered by South Africa to the south, Bechuanaland (later Botswana) to the southwest, Zambia (formerly Northern Rhodesia) to the northwest, and Mozambique (a Portuguese province until 1975) to the east.
Suez Crisis
The Suez Crisis, or the Second Arab–Israeli war, also called the Tripartite Aggression (Al-ʿUdwān aṯ-Ṯulāṯiyy) in the Arab world and the Sinai War in Israel, was an invasion of Egypt in late 1956 by Israel, followed by the United Kingdom and France. The aims were to regain control of the Suez Canal for the Western powers and to remove Egyptian president Gamal Abdel Nasser, who had just nationalised the foreign-owned Suez Canal Company, which administered the canal. Israel's primary objective was to re-open the blocked Straits of Tiran.