What is going on in Africa?
In honor of Thomas Paine and other Founders & Immigrants. In memory of my daddy Horst Bingel and my mom Irma Bingel
Showing posts with label currency. Show all posts
Showing posts with label currency. Show all posts
Tuesday, January 20, 2026
Thursday, January 01, 2026
Why Has Bulgaria Adopted the Euro as Its Currency? With Palki Sharma
Recommendable! There are still a few EU member countries without the Euro as currency.
Monday, November 03, 2025
How China is Quietly "Internationalising" the Yuan
Recommendable! However, again, this video by TLDR News Global ended kind of abruptly! Annoying!
Thursday, November 28, 2024
Why is the Ruble Crashing?
Recommendable! Since the lethargic and apathetic Russian Slavs (citizens) are unable or unwilling to oust the megalomaniac and war criminal Putin the Terrible, maybe deteriorating economic conditions and war spending will do the trick!
Saturday, November 23, 2024
«Der Euro ist die Lira von heute»: Die Einheitswährung ist auf Talfahrt gegenüber Franken und Dollar
Schlagzeile des Tages! Sie scheint aber etwas übertrieben zu sein (siehe Grafik unten)
Friday, September 06, 2024
Friday, July 26, 2024
Japan's new banknote celebrates maverick venture capital pioneer Eiichi Shibusawa
Good news!
"Eiichi Shibusawa, known as “the father of Japanese capitalism,” will grace Japan's 10,000 yen note from 2024 [as of July 3], when a new series of banknotes will come into circulation. ..."
"Another notable aspect of Shibusawa's career is that, despite being the founder of hundreds of corporations, he refused to maintain a controlling stake in these corporations, effectively preventing himself from forming a zaibatsu. What is known as the Shibusawa zaibatsu was a holding company to look after his estate for his family. The Shibusawa Zaibatsu did not hold any controlling stake in any companies. Despite his humble origin as a farmer, he was granted the title of Viscount, while all other zaibatsu founders were awarded the title of Baron. He was also awarded Shōnii, Second Honour under the ritsuryō rank system, which is usually given to high-ranking nobility and prime ministers." (Wikipedia)
Wednesday, April 10, 2024
Zimbabwe Launches New Gold-Backed Currency: Will it Work? with Palki Sharma
Recommendable! The first country to reintroduce the gold standard in the 21st century! Zimbabwe is a country where several currencies were replaced in recent years. Several foreign currencies are in use in this country. Inflation is rampant ...
Monday, April 08, 2024
Iran reports: Rial collapses, 30% loss of value overnight
Will economic and currency forces and troubles finally oust the theocracy in Iran in power since 1979! Hope and pray!
"A sharp crash in the value of the Iranian rial was reported yesterday, with some sources reporting that one US dollar would now be worth over 660,000 Iranian rials in some unofficial markets, while others stressed the fact that the already weak currency suffered a blow leading to the loss of 30% of its worth overnight; despite the regime’s official digits showing no major changes. ...
Several small demonstrations took place in different parts of Iran on the backdrop of the economic hardships in the past several days, including a farmers’ strike in eastern Isfahan who took their tractors to the streets protesting water-related measures, a protest of retired pensioners in Arak against the cost of living, a truck drivers’ demonstration in front of the local headquarters of the national petrol company in Sistan and Balochistan, Iran’s poorest province, protesting against the price of fuel, and a medical staff demonstration in Shiraz protesting their salaries not being paid on time. Additionally, disruptions were recorded in the online registration services to receive government-subsidized fuel coupons as more citizens applied for them. ..."
Friday, July 07, 2023
In Significant Move, RBI Panel Pushes Internationalization of Rupee with Palki Sharma
Recommendable! India, a rising superpower! There are currently only five currencies that are internationally convertible!
Friday, March 10, 2023
Thursday, November 10, 2022
Wednesday, July 13, 2022
Reserve Bank of India announces rupee mechanism for foreign trade
This is big news! The new superpower India is making the rupee a convertible currency in international trade.
Subscribe to:
Posts (Atom)