Sunday, July 19, 2026

Demonetization

Demonetization involves removing the legal status of a currency, impacting all economic transactions. It aims to stabilize the currency, curb inflation, or modernize economies. Historical events in India, Zimbabwe, and the U.S. illustrate its effects—both positive and chaotic—on national economies.

Hot this week

Production up, but the ‘cost’ variable weighs heavily

Production is up in 2021 for the Italian agricultural...

Luminos Fund’s catch-up education programs in Ethiopia recognized

The Luminos Fund has been named a top 10...

Well-planned cities essential for a resilient future in Africa concludes the World Urban Forum

The World Urban Forum (WUF) concluded today with a...

Private sector deemed key to unlocking AfCFTA potential

The private sector’s role is vital to fully unlock...

U.S. Commerce Department Launches Investigation into Solar Imports from Ethiopia

The U.S. Department of Commerce has officially initiated a...

Ethiopia’s landmark budget allocations signal sustained commitment to reducing tobacco use

The Campaign for Tobacco-Free Kids applauds the Ethiopian government...

Africa Wants to Make Its Critical Minerals a Lever for Industrialisation and Economic Transformation

African ministers, representatives from continental institutions, the private sector,...

IATA Guidance Supports Clearer and More Consistent In-Cabin Pet Travel

The International Air Transport Association (IATA) has released new...

IFAD annual report: Investment at the first mile drives food security, economic growth and global stability

The International Fund for Agricultural Development (IFAD)'s ongoing investments...

Ermias Woldesenbet

Education: Degree in IT Company name: Bakos Coffee Title: Owner and...
spot_img

Related Articles

Popular Categories

spot_imgspot_img