Monday, December 19, 2016

Week #2016.50 on SébPhilatélie

Monday 12 December: demonetisation and new notes in high inflation Venezuela.
In his Sunday 11th show, Venezuelan President Nicolas Maduro announced the demonetisation of the 100 bolivar notes by the next Thursday. In the current inflation inhabitants need "bricks" of these notes to buy the low number of things available, mostly imported.

The 100 bolivar note picturing Simon Bolivar in its 2007 version when three zeroes were cut off (Bank Note Museum).
Maduro and his predecessor Chavez are well known for creating shows... This rushed demonetisation is one of them: while he accused foreign mafias in Colombia to possess lots of these notes, the Central Bank of Venezuela had already announced early this month the printing of new notes from 500 to 20'000 bolivars. Two new coins to be introduced for the former note values.

But, on Thursday the people discovered the new notes weren't there... After two days of demonstrations, looting and illegal border crossing to Colombia to buy goods and food, Maduro reported the demonetisation until January 2nd, blaiming the sabotage of the operation by foreign powers.

If you still believe him, 80% of all 100 bolivar notes have been retrieved by banks... If the new notes aren't there, how is the Venezuelian daily economy working today?

Tuesday 13 December: Demonetisation in India: as many printed as police seized?
Believing The Times of India police and fiscal departments are catching a lot of dishonest people who can't prove how they earned kilograms of precious metal, lakhs and crores of olf and new notes.

And here is the problem for the Supreme Court of India and some politicians: how can thiefs get as many brand new banknotes while the Reserve Bank's printers can't allow one billion common people get their hands on them???

Not a problem for the current government that believed in digitisation of payments from now on.

Saturday 17 December: Can Mayotte become a French département?
A documentary broadcast Sunday 11 on France Ô asked the question: can Mayotte, the little Comorian archipelago who wished to continue to be French, manage to apply all French laws like any other département?
Kalathoumi Bacar, a postwoman, has driven the roads of Chiconi and delivering mail for the past 35 years despite uncertain identities of the destinees and no street names (Zed Production for France Ô).
As an introduction to civil registry and cadastre problems, Séline Soula and Romain Fleury for Zed Production followed Kalathoumi Bacar, a postwomen with 35 year of service. A La Poste's yellow veil under her quad helmet, she drives and walks all king of roads and streets in Chiconi.

Every day she tries to find to whom deliver mail when people have two identities, a traditional built name and a French built administrative one since 2000-2010. No speaking about the slow movement of creating streets names and enforcing their use on mail.

Sunday 18 December: three philatelic reports on Saint-Pierre and Miquelon tv and radio this Autumn.
The local public station Saint-Pierre et Miquelon 1ère continued to follow every step of the philatelic activities in the French overseas collectivity.

This finishing Autumn: the SPM stamps at Paris stamp show early November, philatelist Jean-Jacques Tillard back from Taipei with a new Large Gold medal with a new collection, and a seasonal report at the Saint-Pierre post office where Christmas parcels are back in tons.

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