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A sovereign or head of state who functions as the nominal or legal and constitutional holder of executive power and holds numerous reserve powers but whose daily duties mainly consist of performing ceremonial functions Examples include Queen Elizabeth II the Governors-General in Commonwealth realms or the presidents of many countries and state or provincial governors in federal systems Exceptions to this are Ireland and Israel whose presidents are de jure and de facto ceremonial and the latter possesses no reserve powers whatsoever, 13 See also The Global Financial Crisis of 2008 sparked controversy over the use and flexibility of inflation nominal anchoring Many economists argued that inflation targets were set too low by many monetary regimes During the crisis many inflation-anchoring countries reached the lower bound of zero rates resulting in inflation rates decreasing to almost zero or even deflation. 1 Etymology Imperial Japanese rations Transport Singapore business directory Students scoring 20 points and below may be admitted for either a Science or Arts Course In addition a student must also achieve at least a C6 grade which is 50% or higher in the GCE 'O' Level English Language and Mathematics papers to qualify for junior college admission Pre-university centres that are particularly associated with academic excellence however usually expect students to attain points in the single digits to be admitted This is because the system is merit-driven with places given to those with lower scores first. At the sidelines of an International Civil Aviation Organization event soon after Singapore continued to engage with Malaysia for an update on the ILS issue without success, 5.7.1 Forest genetic resources Government: Led by the Prime Minister A cabinet is formed out of the government chosen by the Head of Government The Government is responsible for representing the interests and values of the people it serves It is also responsible to the rest of parliament in that it is accountable and subject to obligation and report to the parliament, Currencies are traded against one another in pairs Each currency pair thus constitutes an individual trading product and is traditionally noted XXXYYY or XXX/YYY where XXX and YYY are the ISO 4217 international three-letter code of the currencies involved The first currency (XXX) is the base currency that is quoted relative to the second currency (YYY) called the counter currency (or quote currency) For instance the quotation EURUSD (EUR/USD) 1.5465 is the price of the Euro expressed in US dollars meaning 1 euro = 1.5465 dollars The market convention is to quote most exchange rates against the USD with the US dollar as the base currency (e.g USDJPY USDCAD USDCHF) The exceptions are the British pound (GBP) Australian dollar (AUD) the New Zealand dollar (NZD) and the euro (EUR) where the USD is the counter currency (e.g GBPUSD AUDUSD NZDUSD EURUSD); .

. Indonesian nationalism first took hold in Java in the early 20th century and the struggle to secure the country's independence following World War II was centered in Java In 1949 Indonesia became independent and the island has dominated Indonesian social political and economic life which has been the source of resentment of those residents in other islands. !