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| Worthless currency becomes art, of sorts, in struggling Venezuela Venezuela's currency has lost so much value that people simply throw away their small bills -- they are virtually worthless anyway. Enter Wilmer Rojas, 25, who scoops them up off the street, uses an origami-like folding technique, a needle and thread to make handbags with an eye to selling them ...
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| Currency impact on inflation shouldn't worry policy makers - ANZ "Typically speaking the impact on CPI inflation from currency changes is transitory, and thus the implications for core inflation and monetary policy are limited." "Key for the inflation outlook, and thus the policy path, will be expectations around the fundamental drivers of inflation like the output gap, wages ...
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| PA mulling its own currency The Palestinian Authority (PA) is mulling the possibility of introducing its own currency, but the issue remains open, the PA envoy to Russia said on Wednesday, according to the Sputnik news agency. "We currently have three currencies circulating — the American dollar, the Israeli shekel and the ...
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| LIUNA pension fund leads $1 billion fight over alleged decade-long conspiracy to rig foreign ... LIUNA's pension fund is leading a $1 billion court fight against some of the world's largest financial institutions over an alleged decade-long conspiracy to rig foreign currency markets. The Labourers' Pension Fund is one of two lead plaintiffs in a proposed class-action lawsuit that follows in the wake of ...
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