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Floating Currency


Dave Ramsey is a faith-based financial expert and multimedia personality who began his career in real estate. By his mid-twenties, Ramsey had accumulated a real estate portfolio worth $ 4 million. However, a change in banking laws required the recall of several outstanding loans. He couldn’t pay and Ramsey, in a setback, later filed for …

Mark Sievers: Wealth Matters Fifty years have passed since President Richard M. Nixon changed the US monetary system by suspending the conversion of US dollars to gold and allowing the rate to float. The elimination of the gold standard and the move to a floating exchange rate system have raised serious concerns. Perhaps the most …

Five decades ago this month, US President Richard Nixon informed the world that the United States would no longer honor its commitment to exchange US dollars for gold on demand. The engagement had been the foundation of the international monetary system created in 1944 at Bretton Woods, a conference established to regulate the international financial …

Khartoum – Here are the editor’s picks from the press comments on the week’s highlights. They are; A commentary on the economic liberalization policy and its evolution so far, another on the developments in Tunisia and their sound in Sudan and a third on the United States expressed their commitment to contribute to the costs …

Express news service NEW DELHI: If one thing is clear from the August Policy Review, it is that the Reserve Bank of India (RBI) is now looking to move beyond its accommodative top position. On Friday, the six members of the central bank’s Monetary Policy Committee (MPC) voted unanimously to leave the key repo rate …

Reform is one of those terms that means different things to different people. The dictionary definition speaks of changes and improvements in a law, social system or institution that improve the situation of people. Former Grattan Institute CEO and future private sector consultant John Daley thinks he knows a thing or two about reform. He …

Virtual reality (VR) developers have never shied away from embracing the industry’s legacy, bringing back titles from yesteryear or reimagining retro genres. Side and vertical scrolling video games like Type R or Ikaruga were among the most brutal and ruthless, a continual onslaught of enemies and projectiles filling the screen. These “hellish” titles have made …

The Turkish government has prepared a bill to implement new regulations for the country’s crypto space. The legislation, which will be tabled in parliament this fall, will introduce taxation of crypto assets and specific capital requirements for companies operating with digital assets. New legislation to regulate the crypto market in Turkey Following in the footsteps …

In today’s top connected economy news, Warby Parker is making it easier to renew contact lens and eyeglass prescriptions with an update to its iOS offering, while Rent The Runway has filed a confidential request for be made public. Additionally, Zoom is looking to buy Five9 in a roughly $ 14.7 billion deal. Warby Parker …

Why do something new, when it can be done well? Blue fire jumps from shoulder to shoulder across various game giants, but does it so smoothly and acrobatically that the lack of innovation ends up not being important. Let’s play the point-to-point game for a bit. Blue Fire initially has the impression that it is …