Dollar currencies around the world
When you think of a Dollar, you probably think about the USA. Upon independence, the US Congress established the US Mint and declared the Dollar as the national currency in 1792. The Dollar is not an English term though, it’s actually the anglicised version of the German word ‘Thaler’ which was a coin first issued in […]
Currency in the world’s smallest countries
In this week’s article, we’re looking at how currency is used in the world’s smallest countries. Take a read below: (We’ve based our list on the ten smallest countries by population size and also only looking at countries that are fully recognised independent sovereign states.) 🇻🇦 Vatican City | Population: 800 (Euro) The Vatican City […]
Westminster wrangling distracts from ongoing economic woes
The ongoing cost of living crisis and domestic politics have dominated the agenda this week in the UK. The bunting from last weekend’s spectacular Platinum Jubilee Celebrations hadn’t even been packed away before the news was out that the Prime Minister would face a vote of no confidence on Monday. We discussed this in an […]
Platinum Jubilee Special: The Queen’s portrait on the world’s currencies
In honour of the Queen’s Platinum Jubilee celebrations this week, we thought we’d take a look at which other countries (besides the UK) feature portraits of Her Majesty the Queen on their currency, both coins and banknotes. To begin with let’s remind ourselves of the countries where the Queen is the Head of State. Besides […]
The new Australian Government and the AUD
On Saturday, Australians went to the polls and for the first time 10 years changed their Government. On Sunday then PM and Liberal Party leader Scott Morrison acknowledged defeat and on Monday the Labor leader Anthony Albanese was sworn into office as Australia’s new Prime Minister. He pretty much straight away flew to Japan (pictured […]
Interest Rates rise around the world
This week has been dominated by Interest Rates… On Tuesday we saw the Reserve Bank of Australia (RBA) raising Interest Rates in Australia to 0.35%. This was the first time they increased rates since 2010 and the announcement came on the back of inflation sitting at 5%, during a contentious national election campaign. On Wednesday, […]
Currency Unions outside of Europe
When you hear the term ‘Currency Union’ you probably think: Euro. Most people would. It’s by far the most high profile and successful monetary union. However what surprises many people is the fact that: a) it’s not the only one currently in existence and; b) it’s not the first one either. In fact there are […]
West isolates Russia
The week has continued to be dominated by the horrific scenes of the invasion of Ukraine and the international fallout engulfing Russia. Sanctions have continued to be piled on the Russian state & high-profile individuals by governments from around the world. At the same time major companies are pulling out of Russia, divesting from Russian […]