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There are 132 entries in this glossary.
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Term Definition
Bank of Slovenia

Slovenia’s central bank: a member of the European System of Central Banks and a shareholding member of the Bank for International Settlements.

Banko de España

Spain’s central bank: a member of the European System of Central Banks and a shareholding member of the Bank for International Settlements.

Basel Accord

An international set of banking principles that sets minimum capital requirements for banks – primarily as it relates to deposit taking and lending. The Basel Accord, also known as the Basel Capital Accord, was devised under the auspicious of the Bank for International Settlement’s Basel Committee on Banking Supervision.

BBA

The British Bankers’ Association, in existence since 1919, is a British-based umbrella organization for major UK and non-UK banks. It acts as a trade and policy organization, and is actively involved in European and global capital markets. Presently, three quarters of the BBA’s members are non-UK, representing 60 nations. BBA members hold 90% of England’s banking sector assets.

BBC

The British Broadcasting Corporation is one of the largest media outlets in the world, and is run by twelve governors who act as trustees appointed by the Queen of England.

BCA

The Business Council of Australia is Australia’s leading association of Chief Executives and prominent business players. BCA advocates global free trade, including World Trade Organization programs, and deeper regional/ international investment ties. 

BCBS

The Basel Committee on Banking Supervision is a major committee within the Bank for International Settlements. Although the findings and recommendations of the BCBS were not initially intended to carry legal weight, the strategies and standards advocated by the BCBS are internationally upheld and aggressively advanced within the global financial framework. The BCBS was established in 1974.

BCCI

The Bank of Credit and Commerce International was a major global lending and investment institution. At its height the BCCI operated in 78 countries with over 400 branches. The bank closed in 1991 under the weight of massive fraud and money laundering charges. In the investigations, BCCI was found to support illegal international activity and was a conduit for CIA covert operations – including the Iran/Contra arms sales network.

BGFRS

The Board of Governors of the Federal Reserve System is the management body which oversees the work and functions of the Federal Reserve System – America’s central bank. The BGFRS is a shareholding member of the Bank for International Settlements.

BIB

Formed in part by Nelson Rockefeller’s International Basic Economy Corporation, the Banco de Investimento do Brazil – the Brazilian Investment Bank – became a major conduit for Rockefeller-South American investment programs during the late 1960s and early 70s. BIB also had dealings with the Bank of Credit and Commerce International. 

BIC

The Bahá’í International Community is a global non-governmental organization representing the worldwide membership of the Bahá’í Faith. It openly advocates the creation of a world government with a global justice system and international economic policy. In Haifa, Israel, the BIC has set up an incredible series of terraced gardens, lined by an impressive array of judicial, educational, and administrative buildings – all in anticipation of the coming world system. BIC is one of the most vocal advocates of global governance vis-à-vis the United Nations.

Bilderberger

Named after the Hotel Bilderberg in Oosterbeek, Holland (where the first gathering took place in 1954), the Bildergerer get-together is an annual event where ruling elite strategize over and discuss the direction of international affairs.

BIS

Bank for International Settlements

Blowback

A term used in foreign policy/intelligence circles referring to the unintended consequences of foreign policy/military actions.

BMD

The concept of BMD – Ballistic Missile Defence – is to arm both ground and space-based weapons against the threat of incoming ballistic missiles.

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