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Shells, significantly the Kina and Toea, weren’t solely mediums of trade but also symbols of wealth, social status, and cultural practices. “Deeply embedded in our traditions and cultural practices, shell money additionally represented social status, and it was utilized in marriages, deaths, and other important ceremonies and occasions,” Genia explained. The arrival of colonisers marked a turning point within the nation’s economic historical past, leading to the introduction of contemporary currencies on 19 April 1975.
September eleven, 2024 • Consumer costs in August have been up 2.5% from a 12 months ago — the smallest annual improve since February 2021. Falling inflation clears the best way for the Federal Reserve to start slicing interest rates next week — doubtless by a quarter percentage level. U.S. shopper costs elevated modestly in August, persevering with a development of slowing inflation that has brought the annual price to its lowest level since February 2021. According to the newest data from the Bureau of Labor Statistics, the Consumer Price Index rose by 0.2% for the month, according to expectations, and the annual inflation fee eased to 2.5%, down from 2.9% in July.
“we Is Not Going To Accept Pakistani Terror On Indian Territory”: Rahul Gandhi
Montreal-based discount retailer, Dollarama, reported a growth in revenue and gross sales within the second quarter, signalling extra Canadians are on the lookout for a deal as the price of living remains excessive. The strike by employees at Kenya’s major worldwide airport towards the proposed cope with Adani has caused flight delays and cancellations for each incoming and outgoing passengers. Stocks saw Business News big swings as investors parse the outcome of the Trump-Harris debate as well as fresh inflation information forward of the Federal Reserve’s assembly on Sept. 18. US takes on Google’s ad tech empire in antitrust trial The trial in a federal court docket in northern Virginia follows a separate case where a choose final month discovered Google’s search business to be an illegal monopoly.
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September 6, 2024 • British regulators are wanting into how Ticketmaster makes use of “dynamic pricing” to hike prices in line with demand. A similar controversy prompted a federal lawsuit towards the corporate in the U.S. The latest determine comes as the federal government faces a backlash over cutting winter gas funds for most pensioners. Bajaj Housing Finance scripted historical past with its initial public offering as the Bajaj Group company turned the primary Indian company to attract bids for more than Rs 3 lakh crore.