A lawsuit by a group of atheists and organizations that demanded not to use this phrase on banknotes was rejected. The Eighth Circuit Court in Minnesota dismissed a complaint from a group of atheists who demanded that the phrase In God We Trust be removed from banknotes and coins. ...
Almost anywhere in the world, when paying at a hotel, restaurant, shopping center or supermarket, your question: “What currency is best to pay in: euros, pounds sterling, yen or dollars?” - you will most often receive a clear answer: “in dollars.” However,…
Despite the fact that on Friday, June 30, the US dollar strengthened slightly against other foreign currencies, the US currency showed the largest quarterly decline in the last seven years, writes Reuters. Investors have increased expectations for tightening monetary policy from the European ...
In February, the John F. Kennedy School of Government at Harvard University published a report on the dangers of large bills for the economy. The emergence of the study has spurred a debate about whether the $ 100 and € 500 bills should really exist. Medusa provides a summary of a Harvard talk. Cash is the most popular ...
Azerbaijan made a decision to introduce restrictions on the export of foreign currency, the country's Central Bank said on Tuesday. The restrictions are being introduced as part of efforts to support the weakening national currency, the manat. Over the past month, the manat has depreciated against the US dollar by 33%. Trying to ...
At this bizarre time for the economy, with stock markets starting low, analysts at Morgan Stanly say the US economy will not only resist, but even grow until 2020. Reasons for strengthening the dollar and the economy: 1. Reducing unemployment Recent ...
Boston Consulting Group (BCG) experts assess the competitiveness of the economies of twenty-five countries, which account for almost ninety percent of global exports of manufactured goods. The basis is the index of productive costs. The lower the cost index, the lower the cost of goods and services, which means...
Zimbabwe has announced a new official exchange rate for the local currency. Now for 1 American dollar in this country they give 35.000.000.000.000.000 (35 quadrillion) Zimbabwean dollars. The next change of banknotes will take place on Monday. Zimbabwe has suffered from hyperinflation for many years, and its citizens have long ...