Tag Archives: currency

COMMUNISM: “Hard currency elusive in Havana [Cuba] as monetary reform looms”

“Analysts say the recent elusiveness of hard currency is likely due to a deteriorating economic situation and increased demand as the government steps up moves to end Cuba’s labyrinthine dual currency system. Among those affected are Cubans who want to … Continue reading

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“U.S. Spares China Currency Manipulator Label, Expands Watchlist”

“The Trump administration again refrained from labeling China a currency manipulator on Tuesday, a decision that leaves one of the president’s campaign promises unfulfilled but avoids further escalation in the trade war between the world’s two largest economies. The Treasury … Continue reading

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“…America Is Now 72 Trillion Dollars In Debt “

“The 22 trillion dollar debt that the federal government has accumulated gets most of the attention, but the truth is that we would still be 50 trillion dollars in debt even if the national debt was eliminated somehow.  Today, debt … Continue reading

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“US making mistake using dollar as political weapon – Putin”

“Washington’s use of payment systems for political purposes undermines the US dollar as a global currency, said Russian President Vladimir Putin at the BRICS Summit in South Africa. “Regarding our American partners placing limitations, including those on dollar transactions, I … Continue reading

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“World running out of gold [to mine] & there’s no substitute, experts warn”

“People responsible for supplying the world with gold are sounding the alarm, saying discoveries of the precious metal are shrinking and there’s no reasonable substitute. Mining companies are no longer finding new deposits of gold to replace their aging mines. … Continue reading

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“[WoW’s currency] is now worth more than Venezuela’s bolivar…”

“The currency in the online role-playing game World of Warcraft is now worth more than Venezuela’s bolivar… Here’s the math behind the currency value: Per Google, one U.S. dollar is worth 68,915 bolivar. Compare that to the price of WoW tokens, official … Continue reading

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“The Government Continues Attempts To Take Down Bitcoin Through Nefarious Means”

“After selling about $150,000 in bitcoin, the feds set up a sting operation to catch Stetkiw. He sold more than $56,000 worth of bitcoin to federal agents through six meetings. Authorities say that that volume of transactions makes him subject to … Continue reading

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