The announcement that Harriet Tubman will be the first woman on U.S. currency in more than a century recalls the history of female – and African-American – portrayals on money.
The Reserve Bank of Australia has announced a new five dollar note, to great general derision. The Australian Mint has a proud history of excellent design, so why is this new note so wrong?
Australia’s original $1 note featured artwork taken without permission from Aboriginal artist, David Malangi. He was later given $1000, a medallion and a fishing kit, but archival evidence sheds new light on the affair.
Oddly enough, London’s mayor will have been cheered to spark a sell-off in the pound when political colleagues barely raised an eyebrow on skittish markets.
South Africa’s current economic situation is reminiscent of events in 1985 when the economy nearly collapsed. This article, first published last year, looks at the similarities.
China’s interventions to cheapen its currency relative to others will hurt US imports in the short term, but the country’s surging “mainstream” will easily offset the impact.
The US may not like it, but by devaluing the yuan the People’s Bank of China has done what longtime critics of China’s currency policy have long been clamouring for.
The Greek government shut all banks in the country on June 29 after the European Central Bank capped emergency funding to the lenders. Cash withdrawals from ATMs are now limited to €60 a day (about US$67…
China’s RMB has been deemed “no longer undervalued” by the International Monetary Fund. This is a milestone for the Chinese government, which is keen to bolster domestic consumption and make the RMB a…