Ongoing volatility is causing intense debate about how to manage relations between the two powerful nation, which is only likely to become more challenging.
Venezuela recently devalued its bolivar by 95 percent to tame rabid hyperinflation that has been sending prices on everyday goods through the roof. If history is a guide, it won’t work.
US sanctions announced earlier this month may have triggered the plunge in the lira, but the government has been mismanaging Turkey’s economy for years, creating severe vulnerabilities.
Global travelers are being increasingly asked if they want to pay for local purchases in terms of their home country currency. Here’s why you should resist the strong temptation to do so.
This episode is all about bitcoin. Will it be the currency of the future? Who’s trying to capitalise on the legal loopholes of cryptocurrencies? And is it possible to make mining them more green.
If Bitcoin is a bubble, it will be because its price rises are too great and can’t continue. If it isn’t, it will be because the Bitcoin market is still expanding. We just don’t know which one yet.
With a growing number of Chinese firms investing in France, new concepts are being introduced, including « guanxi », a reciprocal and emotional relationship between business partners.
A digital Australian dollar could remove the role of middlemen and creates a cheaper electronic currency system, while at the same time enabling the government to fully regulate the system.
West African leaders have nursed the idea of a common currency for the sub-region since the turn of the century. But conditions for member countries to make this happen appear unattainable.
Global travelers are being increasingly asked if they want to pay for local purchases in terms of their home country currency. Here’s why you should resist the strong temptation to do so.