Thursday, February 6

Tag: currency

Finnair to adopt Avios loyalty currency on 9 March, 2024 – Business Traveller
23Dec By adminNo Comments
Travel

Finnair to adopt Avios loyalty currency on 9 March, 2024 – Business Traveller

Finnair has confirmed it will adopt the Avios loyalty currency for its Finnair Plus frequent flyer programme from March next year. The carrier announced plans to adopt the Avios currency this summer, and has now revealed in social media posts that the switch date will be on 9 March, 2024. The change will also see Finnair adopt a spend-based model for the earning of Avios, similar to that already in place for the Iberia Plus and British Airways Executive Club programmes. This page on finnair.com states: “[The] Finnair Plus programme will enter a new era on 9 March 2024. The programme will become spend-based, which means you will collect loyalty currency and reach tiers based on the money spent – your flight and travel extra purchases – with Finnair. We will also bring new options for coll...
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Dollarization Is About Who Pays to Clean Up Argentina’s Mess
23Nov By adminNo Comments
Business

Dollarization Is About Who Pays to Clean Up Argentina’s Mess

Javier Milei knows how to create a stir. Not only has Argentina’s president-elect shaken up his own country’s politics. He also has sparked a global debate about inflation, economic reform and dollarization—and, even more unusual, an interesting debate about these things. It’s a Thanksgiving-week miracle.Critics of Mr. Milei’s pledge to ditch the dysfunctional peso and embrace the almighty dollar have focused on relatively narrow questions: whether Argentina holds enough dollar reserves to implement such a policy, whether it is likely to have the fiscal discipline to sustain it, whether the banks could survive it, and so on.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Inclusion of Indian bonds in JP Morgan index to widen investor base: CEA
22Sep By adminNo Comments
Business

Inclusion of Indian bonds in JP Morgan index to widen investor base: CEA

Chief Economic Advisor V Anantha Nageswaran on Friday said inclusion of Indian government bonds into JP Morgan's benchmark emerging market index from next year will widen investor base, and may lead to appreciation of rupee.   He also said there is potential for currency appreciation following inclusion of Indian bonds in JP Morgan index.   Global financial firm JP Morgan has said that it plans to include Indian government bonds or government securities (G-Secs) into its benchmark emerging market index from June, 2024, a move that will bring down borrowing cost for the government.   The inclusion of G-Secs will be staggered over a 10-month period from June 28, 2024 to March 31, 2025, indicating one per cent increment on its index weight. ...
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Data Is the New Currency
1Aug By adminNo Comments
Business

Data Is the New Currency

By Christos A. Makridis and Joel ThayerAmerica’s antitrust policies are stuck in the 1980s. That was when courts and regulators began relying on what’s called the consumer-welfare standard. Articulated in Robert Bork’s 1978 book, “The Antitrust Paradox,” the standard replaced classical antitrust analysis, which focused primarily on promoting competition. Courts and regulators are supposed to take into account a variety of consumer benefits, including lower prices, increased innovation and a better product quality. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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