4 July, 2017 by The TZ Newswire Staff Comments Off on India’s Grand (De) Monetization Experiment
India’s Grand (De) Monetization Experiment
Picture cash. Wads of it. In mountains of crumpled notes and pristine notes. Rupee notes, in 500 and 1,000 denominations. Overflowing from wallets, pockets, purses … maybe mattresses.
Poof.
Gone. Gone like the wind. Kind of. Nigh eight months on, how has the grand demonetization experiment worked? Harken back to November, when Prime Minister Narendra Modi stated that those notes — a staggering majority of all tangible paper currency in circulation, at 86 percent — would be, literally, taken out of legal tender. Immediately.
4 July, 2017 by The TZ Newswire Staff Comments Off on Is Seattle’s Minimum Wage Hike A Job Killer?
Is Seattle’s Minimum Wage Hike A Job Killer?
The headlines during the penultimate week of June in The Washington Post regarding the Seattle minimum wage increase might have been a bit confusing to the casual observer. On June 20, the news trumpeted that minimum wage was not killing jobs.
4 July, 2017 by The TZ Newswire Staff Comments Off on What’s Next For European eCommerce?
What’s Next For European eCommerce?
According to the latest findings of the European Ecommerce Report 2017, it is a good time to be selling online in Europe — especially since online retail growth has been “exponential” over the last several years.
4 July, 2017 by The TZ Newswire Staff Comments Off on PBOC Hires Blockchain Engineers Who Will Oversee Creation Of The "Digital RMB"
PBOC Hires Blockchain Engineers Who Will Oversee Creation Of The "Digital RMB"
For those who can’t quite reconcile the Chinese government’s tentative acceptance of bitcoin and other cryptocurrencies with the inherently anarchistic principles espoused by bitcoin’s creator, here’s yet another clue to support the theory that the Chinese government has decided to tolerate and regulate digital currencies in hopes of learning how to apply the technology to its own digital currency.