Cash remains king

Article Abstract:

Cash has become more, rather than less popular, despite the usage of plastic money. Coins and notes in circulation have increased in value by more than gross domestic product in Germany, Japan and the US in the 30 years to 2000. Foreign holdings, usage of cash for illegal activities and tax evasion, and the proliferation of cash machines have all contributed. Governments can control economic transactions more easily if cash is not used, but companies may be able to function more effectively if they are able to have the flexibility that cash offers in freeing them of burdensome regulations and taxes.

Editorial, Economic aspects, Money, Underground economy

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King Kasyapa's gardens: Sri Lankan dig

Article Abstract:

An archaeological expedition in Sigiriya, Sri Lanka of the royal palace of the 5th century King Kasyapa has uncovered beautiful landscaped gardens with fountains and terraces. The splendor and beauty of the site suggests that the island had a far greater wealth and aesthetic sense than previously realized.

Sri Lanka, Antiquities, Excavations (Archaeology), Archaeological expeditions, Sigiriya, Sri Lanka

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Where cash flow is king

Article Abstract:

European investment analysts are starting to use the technique of American analysts, which focuses more on corporations' cash flow as a way of determining its equity value. This method more accurately compares share prices to companies' actual value.

Research, Analysis, Evaluation, Investments, Cash flow, Equity (Law)

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