|
Lithuanian Talonas
The talonas (from a Lithuanian word for "coupon") was a temporary currency issued in Lithuania between 1991 and 1993. It replaced the Soviet rouble at par and was replaced by the litas at a rate of 100 talonai = 1 litas. The talonas was only issued as paper money. The first talonas reform On 5 August 1991, as a response to public complaints about inflation, the Lithuanian government introduced the talonas, paid out as a supplement to the salaries in rubles. It was a quick and unforeseen reform pushed by the Prime Minister of Lithuania Gediminas Vagnorius. At first, it was very similar to ration coupons: every person received 20% of his/her salary in talonas up to a maximum of 200 talonai. In order to buy goods other than food, the price had to be paid in roubles and again in talonas (for example, if a product cost 50 roubles, a person had to pay 50 roubles ''and'' 50 talonai to buy it). This system was widely criticized. First of all, in no way did it address the rea ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gray Wolf
The wolf (''Canis lupus''; : wolves), also known as the gray wolf or grey wolf, is a large canine native to Eurasia and North America. More than thirty subspecies of ''Canis lupus'' have been recognized, and gray wolves, as popularly understood, comprise wild subspecies. The wolf is the largest extant member of the family Canidae. It is also distinguished from other ''Canis'' species by its less pointed ears and muzzle, as well as a shorter torso and a longer tail. The wolf is nonetheless related closely enough to smaller ''Canis'' species, such as the coyote and the golden jackal, to produce fertile hybrids with them. The banded fur of a wolf is usually mottled white, brown, gray, and black, although subspecies in the arctic region may be nearly all white. Of all members of the genus ''Canis'', the wolf is most specialized for cooperative game hunting as demonstrated by its physical adaptations to tackling large prey, its more social nature, and its highly adva ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hyperinflation
In economics, hyperinflation is a very high and typically accelerating inflation. It quickly erodes the real value of the local currency, as the prices of all goods increase. This causes people to minimize their holdings in that currency as they usually switch to more stable foreign currencies. When measured in stable foreign currencies, prices typically remain stable. Unlike low inflation, where the process of rising prices is protracted and not generally noticeable except by studying past market prices, hyperinflation sees a rapid and continuing increase in nominal prices, the nominal cost of goods, and in the supply of currency. Typically, however, the general price level rises even more rapidly than the money supply as people try ridding themselves of the devaluing currency as quickly as possible. As this happens, the real stock of money (i.e., the amount of circulating money divided by the price level) decreases considerably.Bernholz, Peter 2003, chapter 5.3 Almost all ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1991 Establishments In Lithuania
File:1991 Events Collage.png, From left, clockwise: Boris Yeltsin, elected as Russia's first president, waves the new flag of Russia after the 1991 Soviet coup d'état attempt, orchestrated by Soviet hardliners; Mount Pinatubo erupts in the Philippines, making it the second-largest volcanic eruption of the 20th century; MTS Oceanos sinks off the coast of South Africa, but the crew notoriously abandons the vessel before the passengers are rescued; Dissolution of the Soviet Union: The Soviet flag is lowered from the Kremlin for the last time and replaced with the flag of the Russian Federation; The United States and soon-to-be dissolved Soviet Union sign the START I Treaty; A tropical cyclone strikes Bangladesh, killing nearly 140,000 people; Lauda Air Flight 004 crashes after one of its thrust reversers activates during the flight; A United States-led coalition initiates Operation Desert Storm to remove Iraq and Saddam Hussein from Kuwait, 300x300px, thumb rect 0 0 200 200 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Modern Obsolete Currencies
Modern may refer to: History * Modern history ** Early Modern period ** Late Modern period *** 18th century *** 19th century *** 20th century ** Contemporary history * Moderns, a faction of Freemasonry that existed in the 18th century Philosophy and sociology * Modernity, a loosely defined concept delineating a number of societal, economic and ideological features that contrast with "pre-modern" times or societies ** Late modernity Art * Modernism ** Modernist poetry * Modern art, a form of art * Modern dance, a dance form developed in the early 20th century * Modern architecture, a broad movement and period in architectural history * Modern music (other) Geography *Modra, a Slovak city, referred to in the German language as "Modern" Typography * Modern (typeface), a raster font packaged with Windows XP * Another name for the typeface classification known as Didone (typography) * Modern, a generic font family name for fixed-pitch serif and sans serif fonts (f ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Currencies Of Lithuania
A currency, "in circulation", from la, currens, -entis, literally meaning "running" or "traversing" is a standardization of money in any form, in use or circulation as a medium of exchange, for example banknotes and coins. A more general definition is that a currency is a ''system of money'' in common use within a specific environment over time, especially for people in a nation state. Under this definition, the British Pound Sterling (£), euros (€), Japanese yen (¥), and U.S. dollars (US$)) are examples of (government-issued) fiat currencies. Currencies may act as stores of value and be traded between nations in foreign exchange markets, which determine the relative values of the different currencies. Currencies in this sense are either chosen by users or decreed by governments, and each type has limited boundaries of acceptance - i.e. legal tender laws may require a particular unit of account for payments to government agencies. Other definitions of the term "curren ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
History Of Lithuania (1990–present)
The history of Lithuania dates back to settlements founded many thousands of years ago, but the first written record of the name for the country dates back to 1009 AD. Lithuanians, one of the Baltic peoples, later conquered neighboring lands and established the Grand Duchy of Lithuania in the 13th century (and also a short-lived Kingdom of Lithuania). The Grand Duchy was a successful and lasting warrior state. It remained fiercely independent and was one of the last areas of Europe to adopt Christianity (beginning in the 14th century). A formidable power, it became the largest state in Europe in the 15th century through the conquest of large groups of East Slavs who resided in Ruthenia. In 1385, the Grand Duchy formed a dynastic union with Poland through the Union of Krewo. Later, the Union of Lublin (1569) created the Polish–Lithuanian Commonwealth that lasted until 1795, when the last of the Partitions of Poland erased both Lithuania and Poland from the political map. Afte ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lietuvos Rytas
''Lietuvos rytas'' (lit. 'Morning of Lithuania') is a Lithuanian daily newspaper. History and profile "Lietuvos rytas" was established in 1990 on a basis of newspaper "Komjaunimo tiesa". The paper is printed in Vilnius Vilnius ( , ; see also other names) is the capital and largest city of Lithuania, with a population of 592,389 (according to the state register) or 625,107 (according to the municipality of Vilnius). The population of Vilnius's functional urb ... on Tuesday, Thursday and Saturday. It has a liberal political leaning. "Lietuvos rytas" is part of "Lietuvos rytas" media group. Additionally to the daily newspaper come the supplements "Rytai-Vakarai", "Sostinė", "Laikinoji Sostinė", magazines "Stilius", "Savaitgalis" (with "TV Antena") and "Stilius Plius". The online version of the paper was started in 2005. Its circulation was 55.700 copies in 2021. References External linksLietuvos rytas online * Newspapers published in Vilnius Lithuanian-langu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Grigiškės (company)
Grigeo AB (formerly ''Grigiškės AB'') - the only paper and wood industry company group in Lithuania, and one of the biggest in the Baltic states. The group comprises the following companies: ''Grigeo AB'', ''Grigeo Packaging UAB'', ''Grigeo Klaipėda AB'', ''Grigeo Baltwood UAB'', ''Grigeo Recycling UAB'', ''Grigeo Recycling SIA,'' and ''Mena Pak AT''. ''Grigeo AB'' is situated at 10 Vilniaus str, in Grigiškės, next to the A1 Vilnius-Kaunas-Klaipėda highway. 800 employees work at the company group. Yearly turnover of ''Grigeo AB'' group is approximately €163 millio''Grigeo AB'' is a member of ''Lithuanian Forest'' association, ''Grigeo Baltwood UAB'' - a member of European Panel Federation EPF, ''Grigeo Packaging UAB'' – a member of European Federation of Corrugated Board Manufacturers FEFCO. It is the first paper production company in Lithuania, which has been awarded with the IFS HPC Quality Certificate. The company is certified by Ecolabel, SWAN, FSC and other ce ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Toilet Paper
Toilet paper (sometimes called toilet tissue or bathroom tissue) is a tissue paper product primarily used to clean the anus and surrounding anal region of feces after defecation, and to clean the perineal area and external genitalia of urine after urination or other bodily fluid releases. It also acts as a layer of protection for the hands during these processes. It is usually supplied as a long strip of perforated paper wrapped around a paperboard core for storage in a dispenser near a toilet. The bundle is known as a toilet roll, or loo roll or bog roll in Britain. There are other uses for toilet paper, as it is a readily available household product. It can be used like facial tissue for blowing the nose or wiping the eyes. Some women may use the paper to absorb the bloody discharge that comes out of the vagina during menstruation. It can be used to wipe off sweat or absorb it. Toilet paper can be used in cleaning like a less abrasive paper towel. As a prank, toile ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hard Currency
In macroeconomics, hard currency, safe-haven currency, or strong currency is any globally traded currency that serves as a reliable and stable store of value. Factors contributing to a currency's ''hard'' status might include the stability and reliability of the respective state's legal and bureaucratic institutions, level of corruption, long-term stability of its purchasing power, the associated country's political and fiscal condition and outlook, and the policy posture of the issuing central bank. Safe haven currency is defined as a currency which behaves like a hedge for a reference portfolio of risky assets conditional on movements in global risk aversion. Conversely, a weak or soft currency is one which is expected to fluctuate erratically or depreciate against other currencies. Softness is typically the result of weak legal institutions and/or political or fiscal instability. History The paper currencies of some developed countries have earned recognition as hard curr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Russia
Russia (, , ), or the Russian Federation, is a List of transcontinental countries, transcontinental country spanning Eastern Europe and North Asia, Northern Asia. It is the List of countries and dependencies by area, largest country in the world, with its internationally recognised territory covering , and encompassing one-eighth of Earth's inhabitable landmass. Russia extends across Time in Russia, eleven time zones and shares Borders of Russia, land boundaries with fourteen countries, more than List of countries and territories by land borders, any other country but China. It is the List of countries and dependencies by population, world's ninth-most populous country and List of European countries by population, Europe's most populous country, with a population of 146 million people. The country's capital and List of cities and towns in Russia by population, largest city is Moscow, the List of European cities by population within city limits, largest city entirely within E ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Black Market
A black market, underground economy, or shadow economy is a clandestine market or series of transactions that has some aspect of illegality or is characterized by noncompliance with an institutional set of rules. If the rule defines the set of goods and services whose production and distribution is prohibited by law, non-compliance with the rule constitutes a black market trade since the transaction itself is illegal. Parties engaging in the production or distribution of prohibited goods and services are members of the . Examples include the illegal drug trade, prostitution (where prohibited), illegal currency transactions, and human trafficking. Violations of the tax code involving income tax evasion in the . Because tax evasion or participation in a black market activity is illegal, participants attempt to hide their behavior from the government or regulatory authority. Cash is the preferred medium of exchange in illegal transactions since cash transactions are less-easi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
.png "Click for more on -> Gray Wolf")
.jpg "Click for more on -> Toilet Paper")
