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Moorabool Shire Council invites Tenders from suitably qualified and experienced organisations for New South Wales: Central West, Far West, Hunter, Illawarra, Murray, Mid North Coast, Western Australia: Gascoyne, Goldfields/Esperance, Great Southern, Kimberley, Mid . Closing date: pm Wed 6 February Australian Tenders provides comprehensive coverage of tender information for government William Grundt Memorial Library And Eastern Goldfields Community Centre Re-Roofing Council House Lighting Upgrade - Design and Installation The Shire of Broome is seeking a suitably qualified contractor to design and. Tender Status, Back Tender Status * Click on icon to choose a date/time value. .. Tender ID finds exact match for Search Criteria I. Fields marked as * are.
Pilsner monthly awards Weekly sports round up IPOD summit underway The summit is part of wider effort to garner consensus on constitutional and electoral reforms ahead of the next election cycle in Around Uganda: Kyenjojo man buried alive Daily news across the country Animals replace leaders on Kenya coins Daily news across the region Did Sheeba dress appropriately at her concert? Did Sheeba dress appropriately at her concert? Benefits of African integration The Handshake discusses the benefits of African integration UN wants Uganda to protect women The United Nations UN has asked Uganda to commit to women attaining justice they need to be safe from violence.
Why Stella Nyanzi's trial adjourned Daily news across the region Mandela: Minister Mbayo loses chicken to village thug Daily news across the country Former Ugandan rally champion Charles Muhangi mourned Daily news across the region Beyonce leads Mandela tribute concert Wednesday December 5, marks five years since the passing on of South Africa's peace icon Nelson Mandela.
Musisi, Lukwago meet The executive director and her team met with the Lord Mayor and his deputy. What is the problem with Uganda's youth? Beyonce leads Mandela tribute concert Wednesday December 5, marks five years since the passing on of South Africa's peace icon Nelson Mandela. Hospital stuck with body for 11 years. Chinese firm supports schools in Busoga, Busia This is in a bid to improve education standards in the area.
Experts discuss state of security in Uganda A discussion on the increasing insecurity in the country.
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She was attending a week long training in online journalism Local and International sports news Weekly Sports Update; Local and International sports news Stop marrying off young girls, says First Lady She called on parents to invest in their children, especially the girls by prioritizing their education. MPs want Bududa resettlement delayed Daily news across the country Around East Africa; Bobi Wine and others treason case adjourned Daily news across the region Gulu mourns fallen sports officer The body was retrieved by police and taken for a postmortem at Gulu regional referral hospital Will the E- passport reduce on fraud The Handshake on whether the E- passport will reduce on fraud Wamala outwits poverty to offer quality education Only a small percentage of schools in Ugandan engage students in out of class skills.
Rakai fire suspects charged, remanded Daily news across the country Court bailiffs cautioned against deploying hooligans Nambayo said she receives a number of complaints against some of bailiffs over misconduct.
The five days Ugandans will never forget The night of 24 November, will forever remain dark for many Ugandans. Is World Bank leading us into more debt? Boat wreckage retrieved, more bodies seen Daily news across the region Wreckage of capsized boat retrieved After four days of trials, the UPDF and Police team have finally retrieved the boat from the lake. Wreckage retrieved, no body found Daily news across the country Boat tragedy: Number of survivors queried Daily news across the region Sign of hope as wreckage of capsized boat is retrieved Sign of hope as wreckage of capsized boat is retrieved History of death on Lake Victoria As Uganda still absorbs the shock of scores who drowned on Saturday when their boat sank off Mutima beach in Mukono, New Vision TV looks at the reasons Thomas Church of Uganda in Kira.
Survivors from the capsized boat to record statements Daily news across the country Oil and gas sector needs specialized workers The Handshake on why the oil and gas sector needs specialized workers Efforts to remove capsized boat continue This is the fourth day since the search for bodies of the people who drowned in the lake started.
Battle to remove capsized boat continues Daily news across the country People still camped at Mulago City Mortuary Lake Victoria tragedy: People still camped at Mulago City Mortuary No more hope to rescue anybody alive from Lake Victoria Daily news across the East African region City tycoon Musumba left 5 children Musumba was among the revelers who drowned after a boat capsized in in Lake Victoria The event that transpired at night after the boat capsized The event that transpired at night after the boat capsized on Lake Victoria Lake Victoria tragedy: How it all started Rescue teams are still on the lake to retrieve bodies of the revelers who drowned in Lake Victoria on Saturday Around Uganda; Capsized boat operators to be charged Daily news across the country.
Most bought goods on Black Friday Sodas and beers highly bought on Black Friday How Black Friday kicked off in Uganda How Black Friday kicked off in Uganda Dokolo woman finally enrolled under sage Daily news across the country Don't drive yourselves to the grave - Police The Police say many people are speeding as they make their last rush at making money before the Christmas. Nasty road accident claims seven in Uganda Daily news across the region Stella Nyanzi's case set for hearing Unlike in the past, year-old Nyanzi, appeared calm before the court and did not say anything apart from taking notes Experience the different forms of jazz Experience the different forms of Ugandan jazz Uganda's gun brandishing culture New Vision TV looks at some high profile cases of gun misuse.
Uganda's runaway top cops Bakaleke becomes the third senior official from Uganda Police to flee the country in the past one year and New Vision TV examines this new dubious trend Tanzanians demand explanation for closure of forex bureau closer Daily news across the region How Ugandans marked Halloween This how Ugandans marked Halloween Happily ever after with an HIV positive partner New Vision TV brings you the man of her lifeMessiah Katabaazi, who though HIV negative, knowingly dated and married Barbarah Kemigisa Heavy rains wash away roads Daily news across the country Sironko pupils earning their living early Teachers Making a difference in Sironko, pupils are earning their living early.
No funds for new institution The Handshake on why there are no funds for new institutions. Soroti teacher takes on grooming the girl child Soroti teacher making a difference by taking on grooming the girl child. How it all begun At least a dozen people were injured in a fracas involving Policemen and civilians in Lira town Pakasa winners off to China The Chinese Ambassador to Uganda, has challenged winners of the Pakasa awards on using China the one week-long business tour to China as an opportunity From Namugongo martyrs to Rakai students New Vision TV revisits some of these fires, which started when Uganda was being forcefully created, over years ago.
Austria Court to rule on case of suspected Russian spy within 2 weeks The spokesperson said the lawsuit would go before the Linz court later this week and would take between 10 and 14 days to rule on. Nun builds Budaka school on love Teachers making a difference Around Uganda: The Handshake explains why the Ugandan economy losing momentum Communities set terms for Tilenga oil project The community says it is unfair for them to be given three million shillings as compensation for an acre of land yet one cannot buy a similar size of land Kenyan murder suspect admitted in hospital Daily news across the region Judge cancels acquittal of suspected criminals Daily news across the country I started sex at 6 She immediately started taking her ARVs but with the multiple sexual partners Kemigisa does not remember who affected her with the virus.
MP Anywar in trouble over Museveni gifts The furious vendors also allege that the tractor and lorry the President gave them have been turned into personal property by the MP. Kwoyelo trial resumes, he pleads not guilty Daily news across the country Boy knocked by PLE distributor still in bad condition The boy's mother Florence Ocato, a single mother of six said the boy is mentally affected Family rejects postmortem results of Kole pupil What was reported on radio and social media is not what they observed during the postmortem.
Uganda's former First Lady admitted in hospital Daily news across the region Bobi Wine outs new game plan The Kyarenga concert finally took place on Saturday evening at One Love beach Busabala and artiste turned politician Bobi Wine Kyagulanyi did what his Bee keepers urged to embrace modern farming methods Bee keepers in Uganda have been urged to embrace modern farming methods Around Uganda: President fulfills pledge to Bududa victims Daily news across the country Media practitioners urged to be aware of fake news The rise of different Social media platforms such as Facebook, Twitter, Whatsapp, Tumbler among others has drastically seen a far-reaching change in a Ssenoga went for money, came out with HIV As an orphan seeking a better lifestyle, year-old Hassan Ssenoga was introduced to dating women older than him.
Mobile Money tax effects When it is a boat cruise party for Ugandans This how Ugandans party while on a boat cruise Academician on a mission to revive Busoga's glory Academician is on a mission to revive Busoga's education glory.
Government to prioritise tourism roads In a budget consultative meeting which was convened yesterday at the finance ministry offices, the director for budget in the ministry expressed concern Busesa teacher's winning technique Busesa teachers selected as a teacher making a difference Around Uganda: Hundreds get eye treatment Daily news across the country Around East Africa; Kenya's giant telecom goes global Daily news across the region Bank of Uganda: Kitatta denied bail again Embattled Boda-boda patron Abdallah Kitatta has been denied bail for the second time.
XI pledges to widen China's markets across the globe But Xi also pushed back at foreign pressure in comments clearly aimed at Donald Trump and the trade war he started. Kenyans apprehensive about Kenyatta's visit to China Daily news across the region How a teacher turned stunted school to star Every year, New Vision recognises best teachers across the country. The top five get a study trip to Ireland. Why family businesses are less likely to grow to 3rd generation Why family businesses are less likely to grow to 3rd generation Suspected South Sudanese rebels or army annexes four villages from Uganda The RDC Nok Kidega calls on security bodies to act fast Man loses patience in court Louis Ojuka Abura from Akura sub-county in Alebtong says he has brought witnesses over 10 times, but the case is always adjourned without them testifying, Luswata nearly quit her job over breast cancer Elsie Luswata looks calm and collected, but behind that composed face, is a woman who has passed through so much pain to survive breast cancer.
October Main article: Bretton Woods system After the Second World Wara system similar to a gold standard and sometimes described as a "gold exchange standard" was established by the Bretton Woods Agreements. Under this system, many countries fixed their exchange rates relative to the U. All currencies pegged to the dollar thereby had a fixed value in terms of gold. This, along with the fiscal strain of federal expenditures for the Vietnam War and persistent balance of payments deficits, led U.
President Richard Nixon to end international convertibility of the U. This was meant to be a temporary measure, with the gold price of the dollar and the official rate of exchanges remaining constant. Revaluing currencies was the main purpose of this plan. No official revaluation or redemption occurred. The dollar subsequently floated. In Decemberthe " Smithsonian Agreement " was reached. Other countries' currencies appreciated.
However, gold convertibility did not resume. Once again, the devaluation was insufficient. Within two weeks of the second devaluation the dollar was left to float.
In Octoberthe government officially changed the definition of the dollar; references to gold were removed from statutes. From this point, the international monetary system was made of pure fiat money. Production of gold An estimated total oftonnes of gold have been mined in human history, according to GFMS as of This is roughly equivalent to 5. There are varying estimates of the total volume of gold mined. One reason for the variance is that gold has been mined for thousands of years.
Another reason is that some nations are not particularly open about how much gold is being mined. In addition, it is difficult to account for the gold output in illegal mining activities.
Since the s, annual gold output growth has approximately kept pace with world population growth i. Theory This section needs additional citations for verification. May Learn how and when to remove this template message Commodity money is inconvenient to store and transport in large amounts. Furthermore, it does not allow a government to manipulate the flow of commerce with the same ease that a fiat currency does.
As such, commodity money gave way to representative money and gold and other specie were retained as its backing. Gold was a preferred form of money due to its rarity, durability, divisibility, fungibility and ease of identification,  often in conjunction with silver.
Silver was typically the main circulating medium, with gold as the monetary reserve. Commodity money was anonymous, as identifying marks can be removed. Commodity money retains its value despite what may happen to the monetary authority. After the fall of South Vietnammany refugees carried their wealth to the West in gold after the national currency became worthless. A US silver certificatefor example, could be redeemed for an actual piece of silver. Representative money and the gold standard protect citizens from hyperinflation and other abuses of monetary policy, as were seen in some countries during the Great Depression.
Commodity money conversely led to deflation and bank runs. Countries that left the gold standard earlier than other countries recovered from the Great Depression sooner. For example, Great Britain and the Scandinavian countries, which left the gold standard inrecovered much earlier than France and Belgium, which remained on gold much longer.
Countries such as China, which had a silver standard, almost entirely avoided the depression due to the fact it was then barely integrated into the global economy. The connection between leaving the gold standard and the severity and duration of the depression was consistent for dozens of countries, including developing countries.
This may explain why the experience and length of the depression differed between national economies. It is sometimes referred to as the gold specie standard to more easily distinguish it. Opponents of a full standard consider it difficult to implement, saying that the quantity of gold in the world is too small to sustain worldwide economic activity at or near current gold prices; implementation would entail a many-fold increase in the price of gold. Under such a system, when exchange rates rise above or fall below the fixed mint rate by more than the cost of shipping gold, inflows or outflows occur until rates return to the official level.
International gold standards often limit which entities have the right to redeem currency for gold.
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Advantages Long-term price stability has been described as one of the virtues of the gold standard. Under the gold standard, significant inflation is rare, and hyperinflation is essentially impossible because the money supply can only grow at the rate that the gold supply increases.
High inflation under a gold standard is seen only when warfare destroys a large part of an economy, reducing the production of goods, or when a major new gold source becomes available. Historically, imbalances between price levels were offset by a balance-of-payment adjustment mechanism called the " price—specie flow mechanism ".
Financial repression is most successful in reducing debt when accompanied by inflation and can be considered a form of taxation. Gold stands in the way of this insidious process. It stands as a protector of property rights. If one grasps this, one has no difficulty in understanding the statists' antagonism toward the gold standard.
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The unequal distribution of gold deposits makes the gold standard more advantageous for those countries that produce gold. Because a gold standard requires that money be backed in the metal, then the scarcity of the metal constrains the ability of the economy to produce more capital and grow.
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Lenders become wealthier, but may choose to save some of the additional wealth, reducing GDP. When gold stocks increase more rapidly than the economy, there is inflation and the reverse is also true.
Conversely, this threat discourages governments from engaging in risky policy see moral hazard. For example, the U. This reflects fear of deflationary shocks and the belief that active monetary policy can dampen fluctuations in output and unemployment. Inflation gives them room to tighten policy without inducing deflation.2 Pac - Assassination: Battle For Compton
Mahathir claimed it would be a stable unit of account and a political symbol of unity between Islamic nations. This would purportedly reduce dependence on the US dollar and establish a non-debt-backed currency in accord with Sharia law that prohibited the charging of interest. Federal Reserve Chairman, Alan Greenspan acknowledged he was one of "a small minority" within the central bank that had some positive view on the gold standard.
Some gold-standard advocates also call for a mandated end to fractional-reserve banking.