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Pound to Euro Rate Forecast from Credit Suisse Shows the Rally is Not Yet Done
https://www.poundsterlinglive.com/eur/1 … t-yet-done
Russian envoy praises India’s ‘deeper understanding’ of the Ukraine crisis
https://www.thehindu.com/news/national/ … 703804.ece
Moscow’s business delegation head pitches for the Ruble-Rupee trade mechanism as an optimal opportunity to circumvent the western sanctions, and facilitate India-Russia trade
Russia Continues To Accuse Ukraine Of Drone Attacks After Strike On Another Oil Refinery
https://www.republicworld.com/world-new … eshow.html
West Coast ports shut down as union workers 'no show' after breakdown in wage negotiations
https://www.cnbc.com/2023/06/02/west-co … wages.html
North Sea oil and gas industry offered ‘get-out’ clause on windfall tax
https://www.theguardian.com/business/20 … ndfall-tax
The ruble was the currency of the Russian Empire and of the Soviet Union known as the Soviet ruble. In 1992, the currency imagery underwent a redesign as a result of de-Leninization. The first Russian ruble code: RUR replaced the Soviet ruble code: SUR in September 1993 at par.
In 1998, preceding the Russian financial crisis, the ruble was redenominated with the new code "RUB" and was exchanged at the rate of 1 RUB = 1,000 RUR.
The hryvnia or hryvnya has been the national currency of Ukraine since 2 September 1996. The hryvnia is divided into 100 kopiyok. It is named after a measure of weight used in Kievan Rus'
On 1 October 2019, 1, 2 and 5 kopiyky coins ceased to be legal tender. They can be still changed at banks, but bills have to be rounded to the next 0.10-step.
Following the 2022 Russian invasion of Ukraine, the official exchange rate of hryvnia was fixed at 29.25 per US dollar and 33.17 per Euro. On July 21, 2022, it was devalued to 36.5686 per US dollar to bring it into alignment with the black market. The current official rate to various currencies is listed on the National Bank of Ukraine Web site.
The Indian rupees and Pakistani rupees are subdivided into one hundred paise or singular paisa or pice. The Nepalese rupee subdivides into one hundred paisa or singular and plural or four sukaas. The Mauritian, Seychellois, and Sri Lankan rupees subdivide into 100 cents.
In the United States, the debt ceiling or debt limit is a legislative limit on the amount of national debt that can be incurred by the U.S. Treasury, thus limiting how much money the federal government may pay by borrowing more money, on the debt it already borrowed.
Japan's yen is weakening again, prompting talk of another intervention worth billions of dollars
https://www.cnbc.com/2023/06/06/japanes … ntion.html
1 month ago news
Bank of England expected to raise interest rates again after UK inflation only dips to 10.1% – as it happened
https://www.theguardian.com/business/li … iness-live
The Russian ruble is as crucial to Vladimir Putin's regime as his war on Ukraine is, says Princeton scholar
https://markets.businessinsider.com/new … ons-2023-5
Jesús ‘Chuy’ García: The debt ceiling deal disinvests from our communities and hurts working people
https://www.chicagotribune.com/opinion/ … story.html
‘The Stakes Could Not Have Been Higher’: Biden Praises Debt-Ceiling Deal
https://www.nytimes.com/2023/06/02/us/p … -debt.html
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Europe some stability for a while with the Euro currency, then a downturn and a decline of EU with Brexit, now economic stagnation and power and electricity problems during winter in a cold country
Germany switched off its reactors.
US Dollar will still dominate
There is no alternative, but they might try something at Brics some kind of alternative system?
Key BRICS member admits the dollar will remain dominant despite oil deals in rupees and yuan
https://www.businessinsider.in/Key-BRIC … 147570.cms
The greenback's dominance is under no real threat from emerging market currencies
Greece has adequate supplies of natural gas for winter
https://www.businessdaily.gr/english-ed … gas-winter
Italy gets nurses from India instead of improving working conditions to fix shortage
https://www.euractiv.com/section/politi … -shortage/
Globalization didn't kill American Manufacturing, It was Foreign Competition with Japan & Europe
https://yawboadu.substack.com/p/the-rust-belt
The bad economic times have only just started
https://www.cbc.ca/news/business/inflat … -1.6975814
'Opinion'
A new era of competition law dawns in Canada – finally
https://www.theglobeandmail.com/opinion … a-finally/
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