A bank tax ("bank levy") is a tax on banks. One of the earliest modern uses of the term "bank tax" occurred in the context of the Financial crisis of 2007–2010.
On 16 April 2010, the International Monetary Fund (IMF) proposed the idea of a "financial stability contribution" (FSC), which many media have referred to as a "bank tax." It was proposed as one of three possible options to deal with the crisis. These options were presented in response to an earlier request of the G-20 leaders, at the September 2009 Pittsburgh summit, for an investigative report on all possible options to deal with the crisis.
Both before and after that IMF report, there was considerable debate amongst national leaders as to whether such a "bank tax" should be global or semi-global, or whether it should be applied only in certain nations.
In the context of the Financial crisis of 2007–2010, in August 2009, British Financial Services Authority chairman Lord Adair Turner said in Prospect magazine that he would be happy to consider a "tax on banks" to prevent excessive bonus payments.
A bank is a financial institution and a financial intermediary that accepts deposits and channels those deposits into lending activities, either directly or through capital markets. A bank connects customers that have capital deficits to customers with capital surpluses.[citation needed]
Due to their critical status within the financial system and the economy[citation needed] generally, banks are highly regulated in most countries. Most banks operate under a system known as fractional reserve banking where they hold only a small reserve of the funds deposited and lend out the rest for profit. They are generally subject to minimum capital requirements which are based on an international set of capital standards, known as the Basel Accords.
The oldest bank still in existence is Monte dei Paschi di Siena, headquartered in Siena, Italy, which has been operating continuously since 1472.
Banking in the modern sense of the word can be traced to medieval and early Renaissance Italy, to the rich cities in the north like Florence, Venice and Genoa. The Bardi and Peruzzi families dominated banking in 14th century Florence, establishing branches in many other parts of Europe. Perhaps the most famous Italian bank was the Medici bank, set up by Giovanni Medici in 1397. The earliest known state deposit bank, Banco di San Giorgio (Bank of St. George), was founded in 1407 at Genoa, Italy.
William Francis "Bill" Nighy (pronounced NYE /ˈnaɪ/; born 12 December 1949) is an English actor and comedian. He worked in theatre and television before his first cinema role in 1981, and made his name in television with The Men's Room in 1991, in which he played the womanizer Prof. Mark Carleton, whose extra-marital affairs kept him "vital".
He became known around the world in 2003 for his critically acclaimed performance in Love Actually. Other notable roles in cinema include his portrayal of Davy Jones in Pirates of the Caribbean: Dead Man's Chest and Pirates of the Caribbean: At World's End, as well as Viktor in the Underworld film series.
He is also known for his roles in the films Lawless Heart, I Capture the Castle, Shaun of the Dead, The Hitchhiker's Guide to the Galaxy, Hot Fuzz, Valkyrie, Harry Potter and the Deathly Hallows – Part 1, and Rango. His performances were also acclaimed in the State of Play series and in the TV movies The Girl in the Café, Gideon's Daughter and Page Eight, for which he earned Golden Globe nominations, winning one for Gideon's Daughter.
Robin Hood was a heroic outlaw in English folklore. A highly skilled archer and swordsman, he is known for "robbing from the rich and giving to the poor", assisted by a group of fellow outlaws known as his "Merry Men". Traditionally, Robin Hood and his men are depicted wearing Lincoln green clothes. The origin of the legend is claimed by some to have stemmed from actual outlaws, or from ballads or tales of outlaws.
Robin Hood became a popular folk figure in the medieval period continuing through to modern literature, films and television. In the earliest sources, Robin Hood is a yeoman, but he was often later portrayed as an aristocrat wrongfully dispossessed of his lands and made into an outlaw by an unscrupulous sheriff.
In popular culture, Robin Hood and his band of "merry men" are usually portrayed as living in Sherwood Forest, in Nottinghamshire, where much of the action in the early ballads takes place. So does the very first recorded Robin Hood rhyme, four lines from the early 15th century, beginning: "Robyn hode in scherewode stod." However, the overall picture from the surviving early ballads and other early references suggest that Robin Hood may have been based in the Barnsdale area of what is now South Yorkshire (which borders Nottinghamshire).
Audley Shaw (born 13 June 1952) is a Jamaican politician. He has been the Minister of Finance and the Public Service in Jamaica since 2007.
Between 1983 and 1986, he became the Director of Public Relations and Advertising at the Jamaica National Investment Promotions Limited (JNIP). His responsibilities included overseeing operations in the various JNIP’s Marketing and Overseas Offices in the United States, Canada, Japan, Hong Kong and the United Kingdom and saw many new investments come to Jamaica. He resigned his position with Government and became a Merchant and Marketing Consultant, in 1986.
In 1989, Edward Seaga appointed Mr. Shaw to the Senate. He has served as Shadow Minister of Information and Culture, Shadow Minister of Public Utilities and Transport and Shadow Minister of Industry and Commerce and has been the Member of Parliament for North East Manchester since 1993.
Mr. Shaw has served as General Secretary of the Jamaica Labour Party and has been a Deputy Leader in the Party, since 1999, and was appointed Chairman of the Public Accounts Committee (PAC) of Parliament in 1995.
Sometimes I feel dizzy and I don't know why
But my head spins the opposite way to the sky
Can't sit down
Can't stand up
Think I've run out of luck
Last night I was trying to think of your name
But my head was still clouded and you were to blame
Where are you?
Huh?
Where were you?
But what are the chances of you going nowhere?
And what are the chances of making you cry?
These panic attacks helped me breathe until now
Breathe until now
These panic attacks helped me breathe until now
My heart just skipped a beat
This is it
Something's found
I feel weak
I'm brand new
Who am I?
Where are you?
Huh?
But what are the chances of you going nowhere?
And what are the chances of making you cry?
These panic attacks helped me breathe until now
Breathe into now
Your girl - she's far away
Your town - it's far away
Your girl is far away
Never fear (x3)
These panic attacks helped me breathe until now (x7)
My heart was in a rush again
the old days are back
i got the chills on my nose again
and then a panic attack
I'm getting used to the fear of death
I don't know how much fear is left
Defend my existence
Give it a cause
Destroy things in the dark
and then name what it was
Decipher the nonsense
Fight against mirrors
Love my mum's double
and fight umbilical scissors
I'm getting used to the fear of death