The activity of buying and selling of goods and services.
Fact of the Day
Henry of Grosmont, 1st duke of Lancaster, enjoyed smelling scarlet cloth.
Quote of the Day
"I never saw, heard, nor read, that the clergy were beloved in any nation where Christianity was the religion of the country. Nothing can render them popular, but some degree of persecution. "
~ Jonathan Swift
On This Day
1701 The deposed James II (or VII of Scotland) died in exile from a brain haemorrhage. He was the last Catholic king of England, Scotland, and Ireland.
1982 The massacre of hundreds of Palestinian men, women and children began in the Sabra and Shatila refugee camps in Lebanon. It continued for two days.
1992 The British government was forced to withdraw the pound from the European Exchange Rate Mechanism (ERM) on what became known as 'Black Wednesday'.
1994 The BBC lifted a ban on the voices of Sinn Fein and other Irish republican and loyalist representatives being broadcast.