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Governor Genia expressed the Bank’s ongoing commitment to sustaining belief and confidence in bodily currency, whilst world tendencies shift in direction of digital currencies and electronic funds. “This exhibition supplies a novel opportunity to mirror and recognize how far we have come and to consider how we are in a position to continue to honour our heritage whereas embracing the future,” she said. The exhibition was designed to take attendees on a journey by way of PNG’s history, showcasing images of uncommon artefacts, cash, and notes which have formed the country’s economy. The launch was attended by distinguished guests, companions, stakeholders, the workers and management of BPNG, and the media.

A new report says August rental rates fell in some of Canada’s largest and priciest markets to continue a months-long trend while costs rose in smaller markets. October 7, 2024 • The U.S. economic system is breathing somewhat easier after the International Longshoremen’s Association reached a tentative agreement final week with the United States Maritime Alliance. The short-lived dockworkers strike reignited a debate over whether the president should intervene, invoking an old legislation on the books called the Taft-Hartley Act. On today’s present, we explain what the Taft-Hartley Act is, why it was created and why it is still scorned by unions.

Five years after being ousted from WeWork, Adam Neumann needs to re-buy the now-bankrupt business. Shares fell again after a news convention by financial planners gave little in the greatest way of particulars. Simon Jack and Zing Tsjeng learn how the world’s billionaires made their cash, and then decide them. UK households throw away an estimated 90 billion pieces of plastic packaging annually.

Shells, particularly the Kina and Toea, weren’t solely mediums of trade but in addition symbols of wealth, social standing, and cultural practices. “Deeply embedded in our traditions and cultural practices, shell cash also represented social status, and it was used in marriages, deaths, and different significant ceremonies and events,” Genia defined. The arrival of colonisers marked a turning level within the country’s financial history, leading to the introduction of contemporary currencies on 19 April 1975. “These contemporary currencies served as both economic instruments and nationwide emblems of our independence and unity as a nation,” Genia noted. She provided insights into the cultural significance of the Kina and Toea, explaining that the word “Kina” is present in each the Pidgin and Kuanua languages and describes the priceless pearl shell extensively traded in PNG’s Highlands and Coastal areas. Similarly, “Toea” refers to a useful kind of shell utilized in trade and conventional bride price ceremonies in the Motuan Coastal villages.

Uber Technologies will roll out an AI assistant powered by OpenAI’s expertise to help drivers transition to electrical automobiles, as part of its efforts to decrease emissions. Change your nation to get more prime stories from the place you might Business News be, in addition to the UK and international headlines. The candidate who wins probably the most electoral faculty votes across the US becomes president. The week’s best stories, handpicked by BBC editors, in your inbox each Friday.

News and analysis on business, cash and jobs from Munster and past by our professional staff of business writers. A special flight carrying 70 Pakistani nationals, evacuated from Lebanon, arrived in Karachi on Wednesday. After the increase in enterprise capital funding, the native startup scene entered a “funding winter,” with 2023 being… World No. 1 Jannik Sinner said he wanted a time off after pushing via his tiredness to come back from a set down and beat Argentina’s Tomas Martin Etcheverry 6-7 (3/7), 6-4, 6-2 on the Shanghai Masters on Sunday. World No. 1 Jannik Sinner mentioned he needed a day off after pushing through his tiredness to return from a set down and beat Argentina’s… The two international tournaments the Philippine Squash Academy is hosting will be the major point of discussion within the Philippine…