The Organization of Petroleum Exporting Countries (OPEC) is a group that works together to maintain oil prices. Its founding in 1960 in Baghdad, Iraq, marked a significant moment in the history of global economics. The conference, known as the Baghdad Conference, involved five countries: Iran, Iraq, Kuwait, Saudi Arabia, and Venezuela. They met in Baghdad, but the organization established its Secretariat in Geneva before finalizing its location in Vienna in 1965. Three years later, OPEC made its policy on petroleum clear to the world.

In 1971, a man named Hafez al-Assad, born on October 6, 1930, and who passed away on June 6, 2000, set out to gain control of Syria. He amassed significant power through two coups in which he participated. Ultimately, during a third coup, Hafez al-Assad succeeded in taking control of the country

The United States is one of the largest economies in the world, generating a remarkable $5.1 trillion in tax revenue in 2024. Of this total, $77 billion was derived from tariffs. Tariffs are essential components of international trade policy, serving as tools for governments to regulate economic activity. A tariff operates similarly to a tax; when a product is imported through U.S. ports from another country, it is subject to a tax upon entry, indicating that the product is not manufactured in the United States.

During the Middle Ages, the Catholic Church held unparalleled authority, enforcing its doctrines on every individual, including the nobility and monarchs. Despite its power, many affiliated with the Church exploited their positions, and dissent was virtually non-existent—until one brave figure emerged to challenge this status quo: Martin Luther, a German priest.

The American election is one of the freest and fairest elections in the world; however, it is also one of the most complex. One of the reasons why it has that title is because of the Electoral College. America is a representative democracy in which the citizens elect someone to represent them in Congress.

The homeowners association (HOA) is the governing body of a group of homes. It includes the condos in the high-rise buildings, the rows of townhomes, and the neighborhoods of free-standing houses. To join the HOA, you must own land or purchase property in a community with an HOA; then, you can become an automatic member. An HOA tax is imposed to pay for standard services such as removing trash from resident’s homes.

The Federal Reserve System is a financial institution (bank) pulling the heaviest weight on being called the most critical monetary institution in the world. Commonly known as the Fed, it is the central bank of the United States. The Fed has the power to control the US monetary policy, which includes regulating the money supply, setting interest rates, and supervising and regulating banks.

Slavery has existed since the days of civilization. In the past, when battles raged, the vanquished (losers) were sold off as enslaved people. Then, that enslaved person would belong to his enslaver and obey him. But an enslaved person doesn’t necessarily mean that he will remain an enslaved person.

When someone slanders a buiness or a person, that person or buiness can go to court and sue them. Admitting guilt of harm to another property or a person by a legal standard can be in two forms: libel (written statements) or slander (spoken statements). However, no criminal offense has been committed. Therefore, state common law and statutory law govern defamation lawsuits.

John D. Rockefeller, born on July 8, 1839, and passed on May 23, 1937, was an American business magnate who dominated the oil and gas industry, holding a monopoly that transformed the sector. Rockefeller, one of the wealthiest individuals in American history, grew up in a large family in upstate New York

By many in power, the declaration of the backbone of America is the middle class. In 2021, when inflation began to rise due to the Covid, many elected officials scrambled to stop it. The typical inflation rate is 2-3 percent, but in January of 2022, it reached a staggering 9 percent.

The Department of Education, a federal agency integral to the United States education system, was established on May 4, 1980. This pivotal event was part of a broader restructuring initiative that delineated the Department of Education, the Department of Health and Welfare, and the Department of Health and Human Services as separate and distinct entities, previously consolidated under four individual agencies. The catalyst for this reorganization was the enactment of the Department of Education Organization Act, which was signed into law by President Jimmy Carter on October 17, 1979.

When you play a game, two teams compete against each other. But in a league, multiple teams fight for the ultimate victory. Each team has support systems that contribute to their success. This support may include trainers, coaches, and essential staff like ball boys. Additionally, teams have devoted fans who stand by them through victories and defeats.

In the end days of the Civil War, it was estimated that almost half of the circulating U.S. currency was counterfeit. The Department of Treasury knew of this threat and created the Secret Service in 1865. With the creation a new specialized branch curbed the number of fraudulent banknotes in circulation

The year was 2016, President Obama's last term, which prompted a presidential election. The Republican nominee was Donald Trump, and the Democratic nominee was Hilary Clinton. In a battle for the oath of office, Donald Trump emerged as the victor. The loss of Clinton was unpredictable, but because of WikiLeaks's

Amid a once-in-a-lifetime pandemic, COVID-19 posed numerous challenges to the daily lives of Americans. One significant challenge was the ability to cast their votes. The 2020 election was marked by officials advising Americans to stay home and avoid large gatherings to curb the spread of the virus, which primarily affected individuals aged 75 and older or those with underlying health conditions.