Showing posts with label Economy facts. Show all posts
Showing posts with label Economy facts. Show all posts

Sunday, October 7, 2012

Famous earn more

Michael Jordan makes more money from Nike annually than all of the Nike factory workers in Malaysia combined.

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Saturday, September 15, 2012

Savings plan

If you save one penny and double it every successive day, (day two you have 2 pennies and day three you have 4 pennies, and so on), by the end of 30 days you’ll have $5,368,708! (or £’s or whatever currency).

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Monday, September 19, 2011

Single biggest charge to a credit card in the history

In 2009, Josh Muszynski of New Hampshire made the single biggest charge to a credit card in the history of the world. How much? $23,148,855,308,184,500 (let's just say $23 quadrillion). What did he buy? A pack of cigarettes at a BP station. The charge was the result of a computer glitch by Visa, which took the charge off his account. They also refunded his $15 overdraft fee.

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Thursday, August 4, 2011

The world’s first ATM cash dispenser

The world’s first ATM cash dispenser was installed on June 27th 1967 at Barclay’s Bank in Church Street , Enfield in England . It was opened by Reg Varney. (Actor) Fans turn out to meet and see Reg Varney be the first person to use an ATM.

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Thursday, February 17, 2011

Humble beginnings

The beginning of an establishment for the engraving and printing of U.S. currency can be traced as far back as August 29, 1862, to a single room in the basement of the Main Treasury Building where two men and four women separated and sealed by hand $1 and $2 U.S. notes which had been printed by private bank note companies. Today there are approximately 2,800 employees who work out of two buildings in Washington, D.C. and a facility in Fort Worth, Texas.

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Thursday, December 2, 2010

Nokia - wood-pulp mill

In 1865, Frederik Idestam founded a wood-pulp mill in southern Finland, naming it Nokia. It rapidly gained worldwide recognition, attracting a large number of workforce and the town Nokia was born. In 1898, the Finnish Rubber Works company opened in Nokia, taking on the town name in the 1920s. After WWII, the rubber company took a majority shareholding in the Finnish Cable Work. In 1967, the companies consolidated to become the Nokia Group. The recession of the 1990s led the group to focus on the mobile phone market.

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Wednesday, November 24, 2010

The world's largest coins

The world's largest coins, in size and standard value, were copper plates used in Alaska around 1850. They were about a metre (3 ft) long, half-a-metre (about 2 ft) wide, weighed 40 kg (90 lb), and were worth $2,500.

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Tuesday, October 5, 2010

Money the biggest stress inducer

Money (or the lack thereof) is the biggest stress inducer in the lives of Americans. We worry more about money than our marriages, our health, or even who's going to win the Superbowl Game or come out on top in the latest Survivor TV show.

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Thursday, July 15, 2010

Largest numerical denomination bill ever

Largest numerical denomination bill ever is 1 Milliard Hungarian Pengő (1,000,000,000,000,000,000,000) in 1946. It was only worth twenty cents US! Hyper-Inflation is rough.

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Wednesday, July 7, 2010

Oldest currency bills known to have existed

The oldest currency bills known to have existed come from China and the Han and Tan Dynasties. The earliest bills to still exist (as in not disintegrated) come from the Ming Dynasty and were issued between 1368-1399.

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Thursday, June 17, 2010

Most expensive city to live

The Japanese capital city of Tokyo comes first on the list of most expensive cities to live in. In addition to being the top of the list of cities with the highest living costs, it is also the centre of the world's largest metropolitan area by both population and economy. This is probably what makes it the most expensive city in the world in which to live. The Tokyo stock exchange is one of the world's largest, and is the largest one in Japan. Many international companies are based in Tokyo, and yet more have regional offices in the city which leads to a lot of highly paid jobs. In addition, the large size of the population leads to massive demand for space, and this is further exacerbated by the fact that Tokyo is surrounded by the Bay of Tokyo and a lot of steep hills and mountains. All of these factors combine to make Tokyo the most expensive city in the world in which to live.

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Wednesday, June 9, 2010

Richest country of the world

In the treasures of national banks throughout the world are currently being kept in total about 30 200 tonnes of gold reserves. World Gold Council reported that the most gold kept the United States nearly 8140 tons, followed by Germany with 3400 and the International Monetary Fund, which has more than 3,000 tons of gold.
In the list of the World Council following: Italy, France, China, Switzerland, Japan, Russia and the Netherlands.
India has taken 11 place, then follows the European Central Bank, which kept in the treasures 501.4 tons of gold. On top list of 50 countries that have the largest gold reserves in the world, find the Greece and Romania at 30 and 31 place.

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