DIE WELT (Germany) Worldcrunch TRIPOLI – Libya’s former dictator Muammar Gaddafi has been dead since Oct. 2011, but Libyans are still faced with his image daily on their one, 20 and 50 dinar notes. However on Feb. 17 – the second anniversary of the start of the revolution – the Libyan National Bank put new […]
Tag: money
The Occupy Movement began on Wall Street by the so-called 99% shut out from economic growth. But Latin America’s income gap mirrors the U.S. In Chile, it is particularly extreme.
NICOSIA – The moment you arrive in Cyprus you sense something about the little eastern Mediterranean island that sets it apart from its European neighbors. There are an unusual number of men in suits carrying briefcases. And the bright billboards on the streets leading from the airport have Cyrillic writing on them. Some of the […]
Top Congolese leaders say it’s time the DRC got off the US currency and returned to the local franc. But ending “dollarization” comes with risks if not done properly.
BUENOS AIRES – They’re the daughters of Argentina’s upper class, and they go to the most prestigious and traditional high schools in the country. Today, the differences in school curriculum for boys and girls are shrinking, and the social role that girls “are expected” to meet is being tied increasingly to the values imparted to […]
JAPAN TODAY, NHK (Japan), AFP Worldcrunch HIROSHIMA – A worker at a waste disposal facility in Hiroshima in western Japan, has found more than 10 million yen (about $120,000) in cash in a pile of garbage. The money, whose origin has yet to be determined, was spotted by a monitor on a conveyor belt. Some […]
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China’s Love Affair With European Luxury
Until now, showing off was more of a male thing: for many representatives of the so-called stronger sex, flashing status symbols like fast cars and conspicuously expensive watches is, it seems, important. But women are catching up. “As a result of their increasing economic independence, more and more women are encroaching on what has traditionally […]