Peg (fishing)

PEG

PEG or peg may refer to:

Devices

Science and computing

Recreation

Fixed exchange-rate system

A fixed exchange rate, sometimes called a pegged exchange rate, is a type of exchange rate regime where a currency's value is fixed against either the value of another single currency, to a basket of other currencies, or to another measure of value, such as gold. There are benefits and risks to using a fixed exchange rate. A fixed exchange rate is usually used in order to stabilize the value of a currency by directly fixing its value in a predetermined ratio to a different, more stable or more internationally prevalent currency (or currencies), to which the value is pegged. In doing so, the exchange rate between the currency and its peg does not change based on market conditions, the way floating currencies will do. This makes trade and investments between the two currency areas easier and more predictable, and is especially useful for small economies in which external trade forms a large part of their GDP.

A fixed exchange-rate system can also be used as a means to control the behavior of a currency, such as by limiting rates of inflation. However, in doing so, the pegged currency is then controlled by its reference value. As such, when the reference value rises or falls, it then follows that the value(s) of any currencies pegged to it will also rise and fall in relation to other currencies and commodities with which the pegged currency can be traded. In other words, a pegged currency is dependent on its reference value to dictate how its current worth is defined at any given time. In addition, according to the Mundell–Fleming model, with perfect capital mobility, a fixed exchange rate prevents a government from using domestic monetary policy in order to achieve macroeconomic stability.

Peg (unit)

A peg is a unit of volume for measuring liquor in India. The terms "large peg" and "small peg" are used, equal to 60 mL and 30 mL, respectively, with "peg" simply referring to a large peg. Since Indian liquor's alcohol content is fixed at 42.8% ABV, it follows that a peg of liquor contains 25.68 mL of pure alcohol, or 20.26 g.

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A peg is informally considered as an amount of alcoholic drink that is taken at a single shot.

Fishing

Fishing is the activity of trying to catch fish. Fishing sometimes takes place in the wild. Techniques for catching fish include hand gathering, spearing, netting, angling and trapping.

The term fishing may be applied to catching other aquatic animals such as molluscs, cephalopods, crustaceans, and echinoderms. The term is not normally applied to catching farmed fish, or to aquatic mammals, such as whales, where the term whaling is more appropriate.

According to FAO statistics, the total number of commercial fishermen and fish farmers is estimated to be 38 million. Fisheries and aquaculture provide direct and indirect employment to over 500 million people in developing countries. In 2005, the worldwide per capita consumption of fish captured from wild fisheries was 14.4 kilograms, with an additional 7.4 kilograms harvested from fish farms. In addition to providing food, modern fishing is also a recreational pastime.

History

Fishing is an ancient practice that dates back to at least the beginning of the Paleolithic period about 40,000 years ago. Isotopic analysis of the skeletal remains of Tianyuan man, a 40,000-year-old modern human from eastern Asia, has shown that he regularly consumed freshwater fish.Archaeology features such as shell middens, discarded fish bones, and cave paintings show that sea foods were important for survival and consumed in significant quantities.

Fishing (Carracci)

Fishing (or Fishing Scene) is a painting by Italian artist Annibale Carracci, painted before 1595 and given to Louis XIV by Prince Camillo Pamphili in 1665. It is currently held and exhibited at the Louvre in Paris.

History

The painting and its companion, Hunting, were included in Charles Le Brun's inventory in 1683, and in November 1695 they were in the apartments of King Louis XIV's younger brother. It was no doubt for this purpose that they were given two sumptuous gilt frames, each with attributes suited to the subject of the painting - among the finest examples of the art of frame-making in the time of Louis XIV. In 1955, when the varnish was being cleaned, the 19th century gilding covering the original gilding was removed - a task of some magnitude which was carried out by the French firm of Lebrun.

This work, together with its companion, date from Carracci's Bolognese period, before he left for Rome in 1595 to paint at the Galleria Farnese. At this time he was extremely interested in landscape, and his experiments are a foreshadowing of Poussin's classical compositions; but in these pictures he is exploring in a different direction, in the tradition of the Bassani, a family of painters whose studios continued to turn out landscapes which were prized all over Europe. His interest was the countryside. Without any religious theme as pretext, he painted two pure landscapes whose true subjects are the forest and the river, motivated by the themes of hunting and fishing. Therefore Carracci was able to show nature animated with the life of the aristocracy and of ordinary people. The composition follows the visual device of division into compartments.

Fishing (disambiguation)

Fishing is the activity of trying to catch wild fish.

Fishing may also refer to: