Urethra really interesting video that explains how the BRICS countries have been trying to find a way around the dominance of the US dollar in world trade and SWIFT banking system. This comes at a time when European countries are considering dropping their US dollar reserves and using the Euro...
You may have heard of their digital euro. But what is it exactly? It has nothing to do with cryptocurrency stable coins like the USDT. It's way for the European Union to become an independent from American credit card companies like Visa and MasterCard by making card payments directly from...
The euro is probably the only currency in the world that issues banknotes with a face value of zero. These are collectibles and there are hundreds of different designs, but they are genuine —although unofficial — banknotes with real security features like holograms, microprints and UV ink.
At...
Does the future of the Euro depend on Spain's management of their economy. With talk of Portugal, Spain and Ireland next in the firing line it seems that Spain is now the key player.
The markets are unconvinced by the EU and IMF rescue plans. Article
Zapatero this week outlined Spain own...
Will be financial crisis of southern Europe act as a catalist for "fiscal federalism"?
It seems the Euro can no longer afford to operate under the current model.
"EMU architects were warned in the early 1990s that monetary union would prove unworkable as constructed. They scoffed, sure that...
This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.