France

France (French: [fʁɑ̃s]), officially the French Republic (French: République française [ʁepyblik fʁɑ̃sɛz]), is a sovereign state comprising territory in western Europe and several overseas regions and territories. The European part of France, called metropolitan France, extends from the Mediterranean Sea to the English Channel and the North Sea, and from the Rhine to the Atlantic Ocean. France spans 643,801 square kilometres (248,573 sq mi) and has a total population of 66.6 million. It is a unitary semi-presidential republic with the capital in Paris, the country's largest city and main cultural and commercial centre. The Constitution of France establishes the state as secular and democratic, with its sovereignty derived from the people.

During the Iron Age, what is now Metropolitan France was inhabited by the Gauls, a Celtic people. The Gauls were conquered in 51 BC by the Roman Empire, which held Gaul until 486. The Gallo-Romans faced raids and migration from the Germanic Franks, who dominated the region for hundreds of years, eventually creating the medieval Kingdom of France. France emerged as a major European power in the Late Middle Ages, with its victory in the Hundred Years' War (1337 to 1453) strengthening French state-building and paving the way for a future centralized absolute monarchy. During the Renaissance, France experienced a vast cultural development and established the beginning of a global colonial empire. The 16th century was dominated by religious civil wars between Catholics and Protestants (Huguenots).

Banque de France

The Banque de France, headquartered in Paris, is the central bank of France; it is linked to the European Central Bank (ECB). Founded in 1800, it helped resolve the financial crisis of 1848 and emerged as a powerful central bank. Its main charge is to implement the interest rate policy of the European System of Central Banks (ESCB).

History

In 1800, financial power in France was in the hands of about ten to fifteen banking houses whose founders, in most cases, came from Switzerland in the second half of the eighteenth century. These bankers, mostly Protestant, were deeply involved in the agitations leading up to the French Revolution. When the revolutionary violence got out of hand, they orchestrated the rise of Napoleon, whom they regarded as the restorer of order. As a reward for their support, Napoleon, in 1800, gave the bankers a monopoly over French finance by giving them control of the new Bank of France. For the first fifteen years it was the sole issuer of bank notes in Paris, and this privilege was extended to other financially important towns and the rest of the country by 1848.

Film festival

A film festival is an organized, extended presentation of films in one or more cinemas or screening venues, usually in a single city or region. Increasingly, film festivals show some films outdoors. Films may be of recent date and, depending upon the festival's focus, can include international and domestic releases. Some festivals focus on a specific film-maker or genre (e.g., film noir) or subject matter (e.g., horror film festivals). A number of film festivals specialise in short films of a defined maximum length. Film festivals are typically annual events. Some film historians do not consider Film Festivals as official releases of film, like Jerry Beck. The best known film festivals are the Venice Film Festival, the Cannes Film Festival, the Toronto Film Festival, Sundance Film Festival, and the Berlin International Film Festival, the latter being the largest film festival worldwide, based on attendance. The Venice Film Festival is the oldest major festival. The Melbourne International Film Festival is the largest film festival in the Southern Hemisphere and one of the oldest in the world. A 2013 study found 3,000 active films festivals worldwide—active defined as having held an event in the previous 24 months.

Short film

A short film is any film not long enough to be considered a feature film. Although no consensus exists as to where that boundary is drawn, the Academy of Motion Picture Arts and Sciences defines a short film as "an original motion picture that has a running time of 40 minutes or less, including all credits". The term featurette originally applied to a film longer than a short subject, but shorter than a standard feature film.

The increasingly rare term short subject means approximately the same thing. An industry term, it carries more of an assumption that the film is shown as part of a presentation along with a feature film. Short is an abbreviation for either term. Short films are often screened at local, national, or international film festivals and made by independent filmmakers for non profit, either with a low budget or no budget at all. They are usually funded by film grants, non profit organizations, sponsor, or personal funds. Short films are generally used by filmmakers to gain experience and/or prove their talent in order to gain funding for future films from private investors, entertainment companies, or film studios.

Bank

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.