- published: 22 Sep 2014
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ABBA (stylised ᗅᗺᗷᗅ) were a Swedish pop group who formed in Stockholm in 1972. With members Agnetha Fältskog, Björn Ulvaeus, Benny Andersson, and Anni-Frid Lyngstad, ABBA became one of the most commercially successful acts in the history of popular music, topping the charts worldwide from 1975 to 1982. They won the Eurovision Song Contest 1974 at the Dome in Brighton, UK, giving Sweden its first triumph in the contest, and were the most successful group ever to take part in the competition.
ABBA's record sales figure is uncertain and various estimates range from over 140 to over 500 million sold records. This makes them one of the best-selling music artists, and the second best-selling music group of all time, after the Beatles. ABBA was the first group to come from a non-English-speaking country to enjoy consistent success in the charts of English-speaking countries, including the UK, Ireland, the U.S., Canada, Australia, New Zealand, and South Africa. The group also enjoyed significant success in Latin American markets, and recorded a collection of their hit songs in Spanish.
A bank is a financial institution that creates credit by lending money to a borrower, thereby creating a corresponding deposit on the bank's balance sheet. Lending activities can be performed either directly or indirectly through capital markets. Due to their importance in the financial system and influence on national economies, banks are highly regulated in most countries. Most nations have institutionalized a system known as fractional reserve banking under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, known as the Basel Accords.
Banking in its modern sense evolved in the 14th century in the rich cities of Renaissance Italy but in many ways was a continuation of ideas and concepts of credit and lending that had their roots in the ancient world. In the history of banking, a number of banking dynasties — notably, the Medicis, the Fuggers, the Welsers, the Berenbergs and the Rothschilds — have played a central role over many centuries. The oldest existing retail bank is Monte dei Paschi di Siena, while the oldest existing merchant bank is Berenberg Bank.
The devotion to the Sacred Heart (also known as the Most Sacred Heart of Jesus, Sacratissimi Cordis Iesu in Latin) is one of the most widely practiced and well-known Roman Catholic devotions, taking Jesus Christ's physical heart as the representation of His divine love for humanity.
This devotion is predominantly used in the Roman Catholic Church and among some high-church Anglicans and Lutherans. The devotion is especially concerned with what the Church deems to be the love and compassion of the heart of Christ towards humanity, and its long suffering. The origin of this devotion in its modern form is derived from a Roman Catholic nun from France, Saint Margaret Mary Alacoque, who said she learned the devotion from Jesus during a series of apparitions to her between 1673 and 1675, and later, in the 19th century, from the mystical revelations of another Roman Catholic nun in Portugal, Blessed Mary of the Divine Heart Droste zu Vischering, a religious of the Good Shepherd, who requested, in the name of Christ that Pope Leo XIII consecrate the entire world to the Sacred Heart of Jesus. Predecessors to the modern devotion arose unmistakably in the Middle Ages in various facets of Catholic mysticism.
William James "Count" Basie (August 21, 1904 – April 26, 1984) was an American jazz pianist, organist, bandleader, and composer. His mother taught him to play the piano and he started performing in his teens. Dropping out of school, he learned to operate lights for vaudeville and to improvise accompaniment for silent films at a local movie theater in his home town of Red Bank, New Jersey. By 16 he increasingly played jazz piano at parties, resorts and other venues. In 1924 he went to Harlem, where his performing career expanded; he toured with groups to the major jazz cities of Chicago, St. Louis and Kansas City. In 1929 he joined Bennie Moten's band in Kansas City, and played with them until Moten's death in 1935.
That year Basie formed his own jazz orchestra, and in 1936 took them to Chicago for a long engagement and their first recording. He led the group for almost 50 years, creating innovations like the use of two "split" tenor saxophones, emphasizing the rhythm section, riffing with a big band, using arrangers to broaden their sound, and others. Many musicians came to prominence under his direction, including the tenor saxophonists Lester Young and Herschel Evans, the guitarist Freddie Green, trumpeters Buck Clayton and Harry "Sweets" Edison and singers Jimmy Rushing and Joe Williams. Basie's theme songs were "One O'Clock Jump", developed in 1935 in the early days of his band, and later "April in Paris".