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Governor Genia also launched the Bank’s Vision 2050, launched in line with the anniversary celebrations. Shells, notably the Kina and Toea, were not only mediums of commerce but additionally symbols of wealth, social standing, and cultural practices. “Deeply embedded in our traditions and cultural practices, shell cash additionally represented social status, and it was used in marriages, deaths, and different important ceremonies and occasions,” Genia defined. The arrival of colonisers marked a turning point in the nation’s economic historical past, leading to the introduction of latest currencies on 19 April 1975.

The Bank of Papua New Guinea formally launched the Kina and Toea Exhibition, a display celebrating the nation’s rich economic history and the fiftieth anniversary of Papua New Guinea’s forex. This occasion, held as a half of the Bank’s 50th anniversary celebrations, coincides with the upcoming 50th anniversary of PNG’s independence in 2025. The Kina and Toea Exhibition was launched on 29 August and continued from 30 August to six September 2024 on the National Museum & Art Gallery in Port Moresby.

Daniel Khalife is accused of collecting delicate army data for Iran and escaping from prison in September 2023. The Renters’ Rights Bill, which bans no-fault evictions, might be debated for the primary time on Wednesday. England overcome significant setbacks to reach 96-1 in reply to Pakistan’s large 556 on day two of the primary Test in Multan. These powerful tropical storms are generally changing into more intense as the world warms.

Food and grocery supply major Swiggy has acquired capital markets regulator Sebi’s clearance to launch its much anticipated Initial Public Offering , sources mentioned on Wednesday. Are you struggling to create a budget that fits your life and schedule? Personal finance contributor Christopher Liew shares some easy budgeting methods and supply some tips that can assist you create, and follow, a finances plan. Inflation and higher Business News interest rates have eroded Canadians’ purchasing energy since 2022, particularly for lower-income households, a model new report from the parliamentary finances officer has discovered. October eight, 2024 • A Brazilian Supreme Court justice authorized the restoration of the social media platform’s service in Brazil, over a month after its nationwide shutdown, in accordance with a court doc.

Charlotte City Councilman Tariq Bokhari shared video of Lake Lure, describing it as “post apocalyptic”. A capsule sent to convey again two astronauts stranded on the International Space Station has docked. Officials have warned of the menace to life posed by the category 4 storm as it heads towards the US. October 2, 2024 • An appeals court sided with Uber, ruling a couple cannot sue over a near-fatal automobile crash as a outcome of that they had agreed to Uber’s arbitration clause. October 3, 2024 • The once-hot Silicon Valley startup has seen its stock’s value decline 99% and is struggling to outlive.

News and analysis on business, cash and jobs from Munster and beyond by our professional staff of business writers. Cork plant rent firm acquired in a deal worth €33m Key members of the CPH senior administration team will retain a minority interest and stay with the business. Lindsay MacCallum embezzled money from the charity arrange in memory of Angela MacVicar’s daughter. The physician denies understanding who Lucy Letby was till he was asked to apologise to her seven months later.