Jul 1st, 2011 at 9:00AM: According to an NPR story this week, the Federal Reserve is sitting on a billion dollars worth of the $1 Sacagawean and Presidential coins, and the program to replace dollar bills with the metal coins has largely been deemed a failure. The government spends millions annually to mint new coins in order to introduce all the US presidents, resulting in millions languishing in vaults a la "Scrooge ...Click on a label to read posts from that part of the world.
USdollar posts
Americans still don't like dollar coins
Jul 1st, 2011 at 9:00AM: According to an NPR story this week, the Federal Reserve is sitting on a billion dollars worth of the $1 Sacagawean and Presidential coins, and the program to replace dollar bills with the metal coins has largely been deemed a failure. The government spends millions annually to mint new coins in order to introduce all the US presidents, resulting in millions languishing in vaults a la "Scrooge ...South African flight crews know how to get high
Feb 18th, 2009 at 2:00PM: If you're having trouble staying awake or just like to party, book your next flight on South African Airways. The UK Border Agency arrested 15 SAA crew members – nine men and six women – at Heathrow Airport. Why are they now guests of the Queen? This crew was caught trying to slip 11 lbs of cocaine into the country. The episode is just another example of poor timing. The drugs are ...The Israeli shekel: Giving the euro a run for its money
Jun 3rd, 2008 at 10:00AM: There's been a lot of talk about the poor dollar to euro exchange rate, but it might not be the European currency that travelers should be concerned about. In fact, in terms of economic gains against global currencies, it looks like the Israeli shekel is currently the world's strongest currency. Since the beginning of 2008, the shekel has made significant gains against most of the world's major ...Discount for "poor" Americans at Venice bar
Apr 8th, 2008 at 12:00PM: The dollar might be low, but if you make your way to Venice you can count on a discount from Harry's Bar, the renowned Venetian watering hole said to be the birthplace of the Bellini and Carpaccio, and where Ernest Hemingway himself downed martinis. Offering a discount to "poor" Americans who are suffering from the weak dollar is representative of a growing concern across Europe that a decrease in ...Dollars hard to sell in Amsterdam
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Mar 19th, 2008 at 12:30PM: You may be sick of hearing how low the dollar is, but today we have just another example of how badly the American currency is fairing. In Amsterdam, small currency outlets are refusing to buy dollars for euros, making it difficult for tourists to exchange their money. "Our dollar is worth maybe zero over here," said Mary Kelly, an American tourist from Indianapolis, Indiana as reported by ...US Dollar in 2008: a comeback for the greenback?
Feb 5th, 2008 at 3:00PM: A low dollar is incredibly depressing for someone who, much like myself, enjoys traveling to Europe. In order to not fall into the black hole of a personal economic depression last summer when I was living in France, I actually stopped doing mental conversions and just accepted the prices in euros as they were. Example: "That shirt costs 25 euros? Great, that's close enough to $25" (FYI: it's ...
