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INTRODUCTION
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Forex market

It is important to understand that in the forex market you are trading currency pairs as a single unit. These pairs consist of two different currencies and are priced based on the value of one currency divided by the other. Technically you are making two trades when you trade any forex pair. You are buying one currency while simultaneously selling the other. For example: with the AUD/USD you are buying the AUD while selling the USD when you go long the pair. _______________________________________________________

Wednesday, May 13, 2009

Slave Trade

Atlantic Slave Trade, the forced transportation of at least 10 million enslaved Africans from their homelands in Africa to destinations in Europe and the Americas during the 15th through 19th centuries. European and North American slave traders transported most of these slaves to areas in tropical and subtropical America, where the vast majority worked as laborers on large agricultural plantations.

Between 1440 and 1880 Europeans and North Americans exchanged merchandise for slaves along 5600 km (3500 miles) of Africa’s western and west central Atlantic coasts. These slaves were then transported to other locations around the Atlantic Ocean.

The vast majority went to Brazil, the Caribbean, and Spanish-speaking regions of South America and Central America. Smaller numbers were taken to Atlantic islands, continental Europe, and English-speaking areas of the North American mainland.

Approximately 12 million slaves left Africa via the Atlantic trade, and more than 10 million arrived. The Atlantic slave trade involved the largest intercontinental migration of people in world history prior to the 20th century. This transfer of so many people, over such a long time, had enormous consequences for every continent bordering the Atlantic.

It profoundly changed the racial, social, economic, and cultural makeup in many of the American nations that imported slaves. It also left a legacy of racism that many of those nations are still struggling to overcome.

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