ZiGs: The World’s Newest Currency
In 2009, following an extreme bout of hyperinflation, Zimbabwe abandoned its national currency. During the period of hyperinflation, prices were increasing at an astonishing rate of 5 billion percent annually.…
In 2009, following an extreme bout of hyperinflation, Zimbabwe abandoned its national currency. During the period of hyperinflation, prices were increasing at an astonishing rate of 5 billion percent annually.…
US GDP grew at a 1.6 percent annualized rate in the first quarter of 2024. This is significantly lower than the 3.4 percent growth in the fourth quarter of 2023.…
In a world where many people struggle to find affordable housing, micro-apartments have become a popular idea to help tackle this problem. These tiny apartments, usually between 150 and 400…
The aviation industry has been a cornerstone of global transportation, facilitating connectivity and driving economic growth across the world. However, recent challenges faced by Boeing's 737 MAX aircraft have sent…
Las Vegas was the home of 2024’s Super Bowl 58. As the current host of the one of the biggest sports events in the world, we must note that the…
Despite fears of a recession following the Federal Reserve’s raising of interest rates to cut inflation, the US economy saw real growth of 3.1% in 2023. A large part of…
American Airlines announced it would no longer accept Argentine pesos for cash sales of airline tickets. All transactions must be made with either a credit card, bank deposit, or wire…
Each year, millions of shoppers flock to stores during Black Friday weekend in search of the best bargains they have seen all year. Black Friday shopping begins on the Friday…
The minutes of the July 2023 meeting of the Federal Open Market Committee indicated that Federal Reserve officials may raise interest rates again in the near future in order to…
Australian mining company Rio Tinto recently began operations extracting copper from an underground mining complex at the Oyu Tolgoi mine in southern Mongolia. Originally opened in 2012 as an open…