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Marchers in south-east Iran denounce top leader in renewed protests

Dubai, United Arab Emirates Reuters Demonstrators shouted slogans denouncing Iran’s supreme leader in the restive south-east of the country on Friday, while a human rights group said at least 100 detained protesters were facing possible death sentences. There have been demonstrations across the country against the clerical leadership since mid-September after the death in detention […]

Collectors clamour for rare Queen Elizabeth II coins and notes

Canada 20 note featuring Princess Elizabeth

Ottawa, Canada Reuters The death of Britain’s Queen Elizabeth II has collectors scrambling to secure rare coins and bills bearing her likeness, even as her portrait is set to remain in circulation for years to come on money throughout the Commonwealth. Coin dealers say demand for rare-issue notes and coins – such as such as […]

Myanmar currency drops 60 per cent in weeks as economy tanks since February coup

Myanmar Yangon bank queue

Reuters Myanmar’s currency has lost more than 60 per cent of its value since the beginning of September, driving up food and fuel prices in an economy that has tanked since a military coup eight months ago. Many gold shops and money exchanges closed on Wednesday due to the turmoil, while the kyat’s dive trended […]

Migrant families wary as El Salvador becomes first to adopt bitcoin

El Salvador Bitcoin1

Colon, El SalvadorReuters Each month, Salvadoran tailor Julio Ramirez receives a small wire transfer from his two daughters in the United States, who have to pay a few dollars in commission fees for the transaction. As of this week, El Salvador’s government says its historic adoption of bitcoin as legal tender will save Salvadorans living […]

Red Cross boosts disaster-prone communities with blockchain “cash”

Market in Lamu Kenya

London, UKThomson Reuters Foundation In Kenya’s poor rural and slum communities, residents have lots to sell – from home-grown tomatoes to their labour hoeing fields or teaching children – but few people have enough cash to buy the goods and services, reducing the incentive to produce more. Barter works for some exchanges, but keeping track […]