Queen Elizabeth II faced right on British coins. Her son and successor might face the other way.
Tag: Currency
Why Many in Argentina Continue to Bet on Cryptocurrency
Even though cryptocurrencies have lost value, many Argentines see them as a less risky choice than their own currency, whose worth has plunged as inflation has soared.
Global Central Banks Ramp Up Inflation Fight
Central banks in the U.S., Europe, Canada and parts of Asia are lifting interest rates rapidly as they try to wrestle breakneck inflation under control.
British pound and stocks rise as vote on prime minister washes over markets.
Markets are moved more by global concerns, like the war in Ukraine, than by domestic political infighting.
U.S. Will Start Blocking Russia’s Bond Payments to American Investors
The Biden administration’s escalation of sanctions could lead to Russia’s first default on foreign debt in a century.
Ruble Shows Signs of Recovery, but May Not Be Strong Indicator of Economy
The ruble’s stronger showing is most likely driven by artificial factors and might not be a good marker that the Russian economy is improving, one expert said.
Western Sanctions Show Russian Vulnerability in Global Economy
Even countries with limited trade relationships are intertwined in capital markets in today’s world. Could the Russia sanctions change that?
Gold Ingots From 18th-Century Shipwreck Returned to France
The Chinese ingots, illegally harvested from a French frigate that sank while returning from Nanjing, were seized by U.S. investigators when they were put up for auction in California.
Gold Ingots From 18th-Century Shipwreck Returned to France
The Chinese ingots, illegally harvested from a French frigate that sank while returning from Nanjing, were seized by U.S. investigators when they were put up for auction in California.
Russia’s Stock Market Closes and Ruble Crashes as Sanctions Hit
The hectic moves were the first signs that Western sanctions were shaking the foundations of Russia’s economy.