HIST 1051 Chapter Notes - Chapter 31: Sex Scandal, Asian Americans, Patriot Act
Document Summary
On september 11th, 2001, terrorists working with the al qaeda organization hijacked american airplanes and crashed them into the both towers of the world trade center in manhattan. On november 30th, 1999, protestors took to the streets of seattle, washington in an attempt to shut down he meeting of the world trade organization (wto) to stop globalization: the rise of the european union and china. I(cid:374) the (cid:1005)99(cid:1004)"s the eu(cid:396)opea(cid:374) u(cid:374)io(cid:374) (cid:894)eu(cid:895) fo(cid:396)(cid:373)ed a(cid:374)d (cid:395)ui(cid:272)kl(cid:455) (cid:271)e(cid:272)a(cid:373)e a la(cid:396)ge glo(cid:271)al po(cid:449)e(cid:396) as well as creating the euro currency which soon rivaled the dollar and yen as major international currency. During the first decade of the 20th (cid:272)e(cid:374)tu(cid:396)(cid:455), chi(cid:374)a (cid:449)as the (cid:449)o(cid:396)ld"s fastest-rising economic power. China owns nearly 25% of u. s. debt to keep its currency low against the dollar: an era of globalization. The end of the cold war shattered barriers that had restrained international trade and impeded capitalist development of vast areas of the world. i. )