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Marshall Plan definition. A program by which the United States gave large amounts of economic aid to European countries to help them rebuild after the devastation of World War II. It was proposed by the United States secretary of state, General George C. Marshall.
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You do not need to serve in the government beforehand to be a representative. By that logic, no one can be a representative.
He was born on <span>February 22, 1732</span>
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Fears of a Russian invasion of Ukraine are on the rise, prompting analysts and traders to weigh the potential financial-market shock waves.
“If Russia invades Ukraine, the trade is buy TY,” wrote Brent Donnelly, president of Spectra Markets, in a Friday note, referring to 10-year Treasury-note futures TY00 .
Treasurys are a traditional haven during periods of geopolitical and economic stress. A rally in Treasurys would pull down yields, which move in the opposite direction of prices. A Treasury selloff has pushed up yields, with the 10-year Treasury rate TMUBMUSD10Y finishing near 1.77% Friday after hitting a nearly two-year high earlier in the week.
The Swiss franc, another popular haven, could also rally, with the euro/Swiss franc EURCHF currency pair likely to fall to CHF1.03 “on a frozen rope if Russia moves,” Donnelly said. The euro bought 1.043 francs Friday.
