After several years of exploring the possibility of introducing a digital currency in Canada, the central bank is shelving the idea. The Bank of Canada confirmed to CBC News it has shifted its focus away from the idea of introducing a digital Canadian dollar, which could be used for online purchases and money transfers. The … Read more
Russian President Vladimir Putin previously sought to brand BRICS as an alliance of “the global majority” as part of Moscow’s efforts to challenge a dominant West and evade sanctions related to Russia’s war on Ukraine. The group has also been at the forefront of a push to replace the dollar as the key currency of … Read more
The coffee bush likes tropical climates and elevation, and grows in a belt around the equator. It is the cherries of the plant, which turns bright red when ripe, that are used to make the hot drink. They’re gathered, stripped, dried, roasted and finally ground and ready to use. Sounds like hard work, doesn’t it? … Read more
New Delhi: The rupee rose 2 paise to 83.71 against the US currency in early trade on Wednesday following a marginal dip in the dollar in overseas markets. At the interbank currency exchange, the domestic currency opened at 83.72, 1 paisa higher than the previous day’s close. The domestic unit moved in the tight range … Read more
Conservative Leader Pierre Poilievre says he will take all federal dollars out of programs and facilities that use prescribed drug alternatives in perhaps his strongest commitment yet to roll back a Liberal drug program he claims is fuelling “chaos” on the country’s streets. The Tory leader said his government would focus squarely on recovery, adding that there’s … Read more
Meloni’s careful stewardship of the Italian economy has been rewarded by Europe’s famously fickle financial markets. But chaos across the Alps could draw unwanted attention to Italy’s huge debt pile. Jun 27 6 mins read Read original article here Denial of responsibility! Pioneer Newz is an automatic aggregator of the all world’s media. In each … Read more
Cost of Living5:08Trade you a breadmaker for banana bread? When Samantha Fanning was expecting her second child, the room that would become the baby’s nursery needed a major glow-up. But as a professional photographer and at the time a single mother, Fanning didn’t have room in her schedule — or the painting skills required — to transform … Read more
The Bank of Canada is getting closer to cutting interest rates as inflation shows signs of coming down and staying down, the central bank’s governor, Tiff Macklem, told MPs Thursday. “We do see renewed downward momentum in underlying inflation. The message to Canadians is, we are getting closer. We are seeing what we need to … Read more
If you’ve got a few dollar bills in your wallet, you might want to inspect the greenbacks before you spend them. Some U.S. coin and currency collectors are reportedly willing to pay thousands of dollars for rare $1 bills that have a certain printing error made by the U.S. Bureau of Engraving and Printing. “It’s very rare … Read more
BUSINESSES WANT STABLE CURRENCY For now, some businesses told CNA the weaker rupiah is less of a concern than a stable currency, which would make planning easier. “If the rupiah is weak, for example 16,000 (against US$1), it is not a problem to us as long as it remains 16,000, (not 14,000 tomorrow and 17,000 … Read more
