Tag "Currency"

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Economics Latin America

Rumours of reform: the likelihood and consequences of currency reform in Cuba

Indications have been growing that the Cuban government intends to move forward with sweeping reforms to the country’s currency and exchange rate systems. These reforms will certainly involve the unification of the country’s current dual currency system. Nevertheless, such a change is easier said than done and will almost certainly be painful in the short term.

Economics Europe

2017 Preview: The lira and Turkey’s risky debt

The economic and political problems that Turkey faced over the past year are unlikely to disappear, and may become more acute.

Latin America Politics

Cuba – A blast from the past for tourists

Walking around Cuban cities gives a sense what street scenes from the 1950’s may have been like with ubiquitous vintage cars, a generally low level of motorization,  few neon signs

Economics Sub-Saharan Africa

Zimbabwe adopts yuan as legal tender

Zimbabwe’s adoption of the yuan as legal tender demonstrates its close ties with China, and Beijing’s efforts to globalize its currency. Long a pariah state under the rule of aging

Economics Middle East/North Africa

Turkish lira or Syrian pound? Currency debate sparks divide in Northern Syria

Opposition groups in Syria’s North are opting to use the Turkish lira over the Syrian pound to take advantage of a more stable currency, while also deliberately seeking to devalue

Finance International

Where does bitcoin fit in the currency crisis?

At every turn, Bitcoin supporters say their anonymous cryptocurrency is the solution for countries in currency crisis. Despite its other shortcomings, bitcoin has a use in places like Argentina, but

Economics Europe

A Franc Discussion: Switzerland’s currency troubles

The Swiss National Bank is faced with an overheating currency and slumping economy following the decision to abandon the currency exchange rate cap on the Euro. Uncertainty in the EU

Finance Latin America

Argentina’s choice in October elections will determine investor behavior

Taking into consideration the upcoming presidential election in Argentina, most investors are reluctant to increase their portfolio allocations in the South American country. Opportunities are lining up, though, and investors

Asia Pacific Economics

Has Asia entered into a currency war?

With interest rates being cut by Central Banks all across Asia, many have predicted a looming currency war in the region. Has Asia already entered a currency war? And if

International Natural resources and energy

What can be done to stop the depletion of the world’s natural resources?

The depletion of most of the world’s most pivotal natural resources looms on the horizon, but state and private companies engaged in extracting, cultivating, and trading raw materials have proven