What will Cuba’s new single currency mean for the island?

Al Jazeera English published this video item, entitled “What will Cuba’s new single currency mean for the island?” – below is their description. The Cuban government formally ended its dual currency system on Friday, devaluing its peso for the first time since the 1959 revolution that swept the late Fidel Castro to power. The government … Read more What will Cuba’s new single currency mean for the island?

In landmark economic reform, Cuba plans to end to dual currency system in 2021

FRANCE 24 English published this video item, entitled “In landmark economic reform, Cuba plans to end to dual currency system in 2021” – below is their description. Cuba plans to put an end to its dual currency system from January 1, 2021. Since the 1990s, Cubans have had both the Cuban peso and also the Cuban convertible … Read more In landmark economic reform, Cuba plans to end to dual currency system in 2021

“The ‘GIIPS’ should leave the euro” – Clem Chambers

The ‘GIIPS’ should leave the euro, writes Clem Chambers, CEO of ADVFN.com and author of the Amazon best-selling investment guide, ‘101 Ways to Pick Stock Market Winners’. It’s the pensions of the top brass – or rather fear of losing them – now holding the Eurozone together.   In all logic, Greece should leave the … Read more “The ‘GIIPS’ should leave the euro” – Clem Chambers

Chair to be Created in Memory of Tommaso Padoa-Schioppa

One of the founding fathers of the Euro, Tommaso Padoa-Schioppa, died on 18th December 2010. The former Italian Minister of Finance was a member of the Executive Board of the European Central Bank (1998-2005) throughout the introduction of the European Monetary Union. Sir David Tweedie, Chairman of the International Accounting Standards Board (IASB), said: “Tommaso … Read more Chair to be Created in Memory of Tommaso Padoa-Schioppa