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Russian ruble drops to record low after sanctions

9th - Higher Ed
The ruble sank more than 30 per cent against the U.S. dollar early Monday. Russia's central bank sharply raised its key rate in a desperate attempt to prevent runs on the banks.
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Sri Lanka president calls for national unity amid economic crisis

9th - Higher Ed
Rajapaksa told parliament that the country needed to again attract tourists for the economy’s sake, but did not announce any new measures to address Sri Lanka’s predicament.
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Royal Mint unveils new coins of Queen on horseback to celebrate her Platinum Jubilee

9th - Higher Ed
The Royal Mint in the UK has revealed additional commemorative coins for Queen Elizabeth II's Platinum Jubilee. They feature a new portrait of the Queen on the back of a horse.
News Clip2:35
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Europe marks 20th anniversary of euro currency

9th - Higher Ed
Saturday marks 20 years since the euro entered circulation.
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Greece's euro history: Challenging adaption to membership

9th - Higher Ed
The adoption of the euro brought some challenges for some European states.
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Omicron ruins Christmas homecoming plans for Zimbabweans in South Africa

9th - Higher Ed
Christmas is cancelled for many Zimbabweans living and working in South Africa.
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Turkish lira's decline has impact over the border in Syria

9th - Higher Ed
The Turkish currency has in turn lost 40% of its value since the start of the year. More than 20% was lost during the last month alone.
News Clip4:55
Curated Video

West Africa: Voice of One’s Own

9th - Higher Ed
Growing up as a minority in Europe and the US meant that Al Jazeera’s West Africa correspondent, Nicolas Haque, had always felt a sense of “otherness.” But he explains how he found his own voice by connecting with a region determining...
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Sudan: Pharmacies struggle to get hold of medication

9th - Higher Ed
Pharmaceutical importers say since the currency devaluation, some medicines have become too expensive to bring into Sudan.
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Lebanon hospital staff go on strike as economic crisis worsens

9th - Higher Ed
Two of Lebanon’s main public hospitals have scaled back their services because of a strike by staff demanding better pay.
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Bitcoin battered and bruised as El Salvador officially adopts the crypto as a legal currency

9th - Higher Ed
Skepticism around Bitcoin was not dispelled when Salvadorans couldn't access the country's new digital wallet - or when its price slid.
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Volatile risk: Bitcoin officially becomes legal tender in El Salvador

9th - Higher Ed
Making bitcoin legal tender in El Salvador - but will it be high risk or high reward?
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‘Little hope left’: Lebanon’s paralysis and a collapsing state

9th - Higher Ed
International community fails to speed up government formation in Lebanon, even with the economy in meltdown.
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Bitcoin hits fresh record ahead of Coinbase's stock market debut

9th - Higher Ed
Does the stock market listing of Coinbase mean cryptocurrencies are becoming part of the financial establishment?
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Palestinian refugees in Lebanon desperately need help, says UN

9th - Higher Ed
Marginalized and vulnerable. The Palestinian refugees hit hard by Lebanon's financial meltdown.
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Financial Planner Says Crypto Rise Shows a Weakening Dollar, With 40% of All U.S. Dollars Ever Printed in Past 12 Months

9th - Higher Ed
Futures were pointing to a lower open this morning to kick off the week. Stocks dipped slightly after the Dow and S&P 500 closed at record highs Friday. Doug Flynn, Certified Financial Planner and Co-Founder of Flynn Zito Capital...
News Clip2:35
Curated Video

Italian cheese defies business woes

9th - Higher Ed
Endless disputes of wheels and cheese, and it shows just how valuable the product, and the brand of 'Parmegiano Régianno' is.
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What will Cuba’s new single currency mean for the island?

9th - Higher Ed
Cuba is devaluing its peso for the first time since the 1959 revolution with profound consequences for its people.
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Will Diego Maradona's face be printed on Argentina's banknote?

9th - Higher Ed
A campaign is under way in Argentina for the face of the late footballer, Diego Maradona, to be put on one of the country’s banknotes.
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Iraq devalues currency by a fifth, the most since 2003

9th - Higher Ed
More than 20 percent fall in dinar's value causes prices of everyday goods and services to suddenly skyrocket.
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Sudan: Economy continues to deteriorate under new gov’t

9th - Higher Ed
The government says commodity prices are rising because of shortages of hard currency due to limited international trade and exports.
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Lebanon hyperinflation adds to economic crisis

9th - Higher Ed
Lebanese central bank's warning that subsidies may soon end has provoked a rush to stockpile essential goods.
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Tesla Buys $1.5 Billion in Bitcoin, Crypto Surges

9th - Higher Ed
All eyes are on bitcoin as Tesla buys $1.5 billion in the cryptocurrency. Michael de la Merced, business reporter at The New York Times, joins Cheddar to discuss what Elon Musk's endorsement means for the industry.
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Curated Video

Fake Libyan dinars, printed in Russia, fund Haftar's military

9th - Higher Ed
Some Libyans are refusing to accept the new banknotes because the currency is funding renegade military commander Khalifa Haftar's military campaign.