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In 1607, the Bank of Genoa failed after Spain went into bankrupcy. The Dutch defeated the Spanish in the Battle of Gilbraltar. Jamestown, Virginia is founded the Bristish as the first succesful Europeon colony in North America. In Ireland, the Flight of the Earls takes place when the Irish chieftains flee to Rome, which allows the British to set up the Ulster Plantation. The British song, God Save the King, was first sung.

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