SINGAPORE: The CEO of Hong Kong Exchanges and Clearing (HKEx) expects China to open up its capital accounts and allow full convertibility of its currency sooner than people expect. In an interview with Channel NewsAsia, Charles Li said "it's driven by …
It all looked like a pretty good idea in 1951: A world war had come to an end only six years earlier and a cold one followed in its wake. Old enemies were about to become new friends. The first step was barter. Instead of milking the defeated nation's …
"We don't have an army. We are not trained and our weapons are mostly stolen from government troops. A war necessarily means two sides fighting one another. We are civilians fighting the State. This isn't war, this is self-defense. This is a Revolution …
Because of war, conflicts, they were absent from the rice market for a long time. In 1989, thanks to the Doi Moi … The foreign currency for the country in crisis was extremely valuable but it was the sweat and tears of farmers. Not only rice growers …
Four rulers have been overthrown in Tunisia, Libya, Egypt, and Yemen, with a civil war still raging in Syria and populist unrest in Turkey and Brazil. But how successful have these democratic movements really been? Tunisia has endured the most …
In 2010, former Serbian president Boris Tadic and I paid respect to Croatian and Serbian civilian victims of the war. Yet not all of those responsible for crimes after the end of the war have been prosecuted, and the return of refugees is still under way.
With Adam Smith and Charles Darwin being the current faces of the £20 and £10 note respectively, and James Watt and Matthew Boulton on the £50 note; this means that there will be no women on the British currency (except for the Queen). To date … The …
Chen once speculated in Iraqi currency because he thought it would go up in value as the country rebuilt, like the German currency after World War II. But that did not happen. "Bitcoin is like the lottery. It's a gamble," Chen says. What Bitcoin is …
Moreover, in the complicated postwar years in Germany, the country's stable currency became an important political symbol, Schwarzer suggests. "'National pride,' which seemed displaced after the Second World War, was replaced by the pride in Germany's …