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Daily Bread, A Local Currency For Paris?

The French capital is weighing whether to issue its own unique currency. But can I buy a baguette with that?

Bringing home the baguette
Bringing home the baguette

PARIS — The Seine is not only the river that runs through Paris. It could soon become the name of a future local currency used in the French capital. The association "Une Monnaie pour Paris" (A Currency for Paris) has been launched to convince city officials that it needs a unique currency to complement the euro.

The aim is to have the new local currency circulating in the city of Paris proper by late 2017, accepted by participating businesses that promote local production and services. Municipal employees might also be able to receive a part of their salaries wih the local cash.

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Geopolitics

Has Lebanese Politics Finally Freed Itself Of Iran's Influence?

Lebanon's recent elections have shrunk the legislative block led by national power-brokers Hezbollah. But will a precarious new majority be able to rid the government of the long shadow of Tehran?

Supporters of pro-Iranian Hezbollah sit in a street decorated with picture of the party chief Hassan Nasrallah

Ahmad Ra'fat

-Analysis-

The results of parliamentary elections in Lebanon, have put an end to the majority block led by Hezbollah, the paramilitary group concocted by the Islamic Republic of Iran. Hezbollah and its Christian allies, the Free Patriotic Movement, led by President Michel Aoun, lost their 71 seats and will now have 62 (of a total 128 seats).

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