Showing posts with label currency. Show all posts
Showing posts with label currency. Show all posts

Monday, November 03, 2025

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)

Schwäche des Euro: Die Gründe für den Rückgang zu Franken und Dollar "Der Euro zeigt sich deutlich schwächer gegenüber Franken und Dollar. Wie sich der Rückgang der europäischen Gemeinschaftswährung erklärt – und was dies für Sparer und Anleger bedeutet."



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)

Japan's new banknote celebrates maverick venture capital pioneer - Nikkei Asia From currency to potato chips, Eiichi Shibusawa is a fitting hero for tumultuous times



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. ..."

Iran reports: Rial collapses, loss of value - The Jerusalem Post Government attempts at distracting the public with threats against Israel do not go unnoticed, as small demonstrations and online comments return focus to harsh conditions

Friday, July 07, 2023

Friday, March 10, 2023

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.