BIS Review 148/2008  3  Trichet: Today, 26 November, I will have the pleasure to sign with Dr Farouk El Okdah, Governor of the Central Bank of Egypt, a Memorandum of Understanding which will intensify the cooperation between the ECB and the Central Bank of Egypt ahead of the start by 1 January 2009 of a new programme of technical assistance in the field of banking supervision.
Almost 400 years ago, Pascal invented the first computing machine, an ancestor of today's computers. Pascal also came up with an idea of an omnibus coach as the first public transportation in the world. This was based on an algorithmic idea to efficiently transport many people by establishing routes that crisscrossed and surrounded the city of Paris.