Weather report: Greece hard hit by wild fires

Scientists fear that it could be more often because of climate change.

This is the forecasts for today, tomorrow and the day after:

Friday 21 July, 2023 – 37 degrees Celsius

Saturday 22 July 2023 – 40 degrees Celsius

Sunday 23 July, 2023 – 42 degrees Celsius

As you can see the temperatures keep rising day after day. This literally translates that a 1 degree Celsius rise in temperature globally means it will be more severe than it is today. This is likely to soon hit 2 degrees Celsius according to studies by experts.

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Banking & Finance: Mint

In the world of banking, a mint is not a place where coins are made, but rather a term used to describe a financial institution that has been granted permission by a central bank to issue banknotes. This role is also known as a note-issuing bank or a currency board. The concept of a mint in banking is rooted in the history of currency. In the past, coins were minted by governments or private entities, and they served as a means of payment and a store of value. However, as economies grew and trade expanded, the demand for larger denominations of currency increased. This led to the development of banknotes, which were issued by private banks as a way to facilitate transactions and provide a convenient alternative to coins. As the use of banknotes grew, governments became concerned about the potential for inflation and the impact of private banknote issuance on the overall stability of the economy. In response, central banks were established to regulate the issuance of banknotes and ensur...

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