The Allies, Great Britain, US, France, and Soviet Union (and China) had a great defeat in the start as Germany quickly captured France in a short battle. This is were most concentration camps were held. The Allies suffered an extreme loss with this defeat of a strong ally.
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The federal discount rate is the interest rate the Federal Reserve charges banks to borrow funds from a Federal Reserve bank. The Fed discount rate is set by the Fed's board of governors, and can be adjusted up or down as a tool of monetary policy.
Islam spread extensively along the east coast of Africa by foreign traders.
On June 17, 1940, The defeated French signed an armistice and quit WW II, leaving Britain standing alone against Germany. In the Summer and fall of that year, German and British forces clashed in the skies over Britain in the first all-air battle in history.
A significant turning point in WW II, the Battle of Britain ended when Germany's Luftwaffe failed to gain air superiority over the Royal Air Force . Britain's decisive victory saved the country from a ground invasion from the enemy and proved air power alone could also be used to win a major battle.