Inspired partly by the spectacular profits being made across the Channel by speculators in Law's Mississippi Company, in 1720, the South Sea Company offered to take over the rest of the national debt.
It also received convoy protection from the Royal Navy. Shareholders were interested in the South Sea Company because it was strongly backed by the British state. By the summer of 1720, South Sea ...
Back in Sept. 1720, just as the South Sea Company was hurtling from bubble to bust and hurtling into the history books as a result the Bank of England faced a 'run' from anxious depositors.
China’s effort to dominate the disputed waterway is taking a toll on the network of underwater cables that provide essential ...
Mass Communication Specialist 2nd Class Tyra M. Campbell/U.S. Navy The risk of a military confrontation in the South China Sea involving the United States and China could rise significantly in the ...
The South China Sea is claimed by almost every country in the region but its ripple effects are felt well beyond the fiercely contested waterway. In the first of a three-part series, Alyssa Chen ...
The U.S. Navy is gearing up for a major war in the South China Sea by the end of the decade, reshaping military posture and ...
Chinese analysts have said the risk of conflict in the South China Sea is low despite the warning by the Philippine defence minister that it would be an “act of war” if Beijing removed a ship ...
The South Sea Company was a financial and trading organisation ... in the wake of the South Sea Bubble financial crash of 1720. He confirmed the Whig party's allegiance to the Hanoverian monarchy.
While reporting on the tensions between China and the Philippines in the South China Sea, 60 Minutes was on board as a Philippine ship was rammed — then surrounded — by larger Chinese vessels.
For this week's season premiere of 60 Minutes, correspondent Cecilia Vega and a producing team intended to report on tensions between China and the Philippines in the South China Sea. They did not ...
As China pushes to dominate the South China Sea, it is increasingly willing to use force to drive out the Philippines, a treaty ally of the United States. In recent months, China’s tactics have ...