Each week the Cornerstone Team publish a blog or insight relating to trade, foreign currencies, global economics or international business.
In the last week there has been increasing disquiet about the OBR (Office for Budget Responsibility) not being allowed to publish its forecasts based on the new government’s economic plan. With this in mind, we thought it would be useful to take a look at what the OBR is, why it was formed and what […]
As the period of mourning for Her late Majesty the Queen comes to an end, we thought it would be fitting to take a look at how the Pound Sterling has changed over the course of her long 70 year reign. The 10 shilling note was the first to feature the Queens image Banknotes with […]
Yesterday the Queen appointed Liz Truss as Prime Minister. Following a brutally contested leadership contest which saw senior members of Britain’s governing party tear chunks out of each other and their shared party’s legacy, Truss won with 57% of the vote. Below we’ll take a look at what our new Prime Minister’s policy statements, comments and […]
The State of Israel was founded over 74 years ago in May 1948. In that time it has seen several economic crises, with many of its oldest citizens having been through four separate official currencies in their lifetime. Below we’ll take a look at the different currencies that have been used since the Israeli state […]
The value of money is an idea instilled within everyone from a young age. We are taught that we should get a good education and work hard so that we can earn enough money to live our lives how we choose. But often we don’t question why this is important. Why do these pieces of […]
In last week’s article we looked at who the BRICS countries are and why they are considered the world’s most significant upcoming economies. They all have high levels of productivity, large relatively young populations and are often manufacturing or production powerhouses. This week we’ll look at these countries’ currencies, how strong/weak they are and any […]