Saturday, September 20, 2008

Commercial airlines start to refuel planes in flight

When I went back to work in Attland I flew United to Marlboro, on a flight that continued to Rio. This is a typical stopover that is also to ease up on the air congestion in US, and to indirectly enforce better flight safety enforcement since Attland air security standards are a lot better than American, which are hardly and efficiently enforced.

I have just heard it on English Dixiland news channel that ALFA is the first air carrier that in the middle November will start mid-air refueling on it long flights. I guess they will use dedicated tankers, like many militaries do, to actually refuel planes in flight, without passengers even knowing.

This practice is supposed to cut operating costs and travel time for passengers. I agree. How much time and money lost by having to land, wait for the refueling, taxiing, etc. They said it's being tested now. I can't wait, because on my vacation I am going back to NYC and from there fly to Australia or New Zealand, by way of ALFA, and I will try to take pictures of this in-flight refueling.

Friday, September 19, 2008

Attland's self-isolation pays off in immunity to global finance woes

All these years of Attland's self-imposed isolation are being felt - there is virtually no panic in the country's financial markets. The Stau exchange indexes are generally on the rise, and have never dipped in reaction to the Wall Street and other global money crises.

Whatever dropped was the American and Atlantic (Attland-US) companies and financial institutions.

I am going to look up the Stau index and how to feed it into the blog.

The Attland food companies, for example, are based in US, with their own farming operations, but managed, financed and listed in Attland. They never dipped, though they are the most significant of the Attland's publicly owned corporations, rivalling Oilbelt and Bargraf.

There are many institutions and funds that capitalize on the dollar-gold arbitrage, as well as other commerce between Attland-US carried out according to the Atlantic Mutual Trade Agreements (unconditional trade continuity to Attland, price guarantees to US). It is probably the best performing stock exchange medium so far. A fellow American coworker has happily informed us that she tripled her investments by sticking with US and Attland companies doing the Atlantic business.

Tuesday, September 16, 2008

The Government authorizes the issue of a one tenth of a Darling coin

In the previous post I myself did not understand how a price of coffee could be 0.7D, when there was only 0.5 and 0.25 coins around. I guess the royal Koborg Bank knew something and in advance authorized debiting pre-paid consumer and fuel cards in 0.1 D increments. Today's news makes it official.

I also was wondering about the price of gold interest that accumulated in thirds of darlings and crowns.

Today the government ordered its mint in Waldihask to start issuing a coin equivalent to one tenth( Dijm, pronounced like we say cream in Alabama), a third (Threidling, 1/30 of Darling) and a penny (Feonling) of a Darling. Up until now the smallest denomination coin has been a quarter of a darling.

I am already hearing gripes about the Threidling. But it is necessary, since the fractions have been accumulating on paper and haven't been capable of being paid out in cash.

See national currency chart here

All coins smaller than 1 darling are minted using the one-step high-temperature and pressure alloy strike process, wherein the proprietary mixture of nickel, copper, zinc and other metals are molecularly embedded into the major metal, making the allow resemble gold.

Since the Royal gold crown has proved to be the optimal in unit weight and value, the Government has excluded itslef from minting its own equivalents of the gold crown. To remind everyone, the crown name has no connection to other monetary units bearing the same name. The Attland's gold crown bears no image resembling a crown. The source of the name is in the crown coin being an equivalent of a 1/12 of the Queen's Gold Tiara weight (a pound, or 453.59 grams), a historical and official standard.

The Government, however, has a natural right to mint denominations in Darlings, that is 50 D and below. 100D is not minted or printed due to being denominated as a gold Tithe coin only (see below).
So far we have to buy those fashionable money pouches to carry the hefty load of 8 brass and nickel darling fractional coins, and special pouch wallets for the gold crown fractions.

This describes the Attland's currency denominations, according to the Royal gold price fix:

gold crown 1 37.799167 grams today $1,226.00, coin only
Threeden 2/3 25.19957066389 $817.37 coin only
Half 0.5 18.8995835 $613.00 coin only
Third 1 / 3 12.5984623611 $408.63 coin only
Forth 1 / 4 9.44979175 $306.50 coin only
Tithe 0.1 3.7799167 $122.60 coin only
Twelfth 1 / 12 3.14993058333333 $102.17 gold-in-silver bimetallic coin only

Darling

50 $61.30 government and Royal bill
25 $30.65 government and Royal bill
10 $12.26 government and Royal bill
5 $6.13 government bills and Royal coin
2 $2.45 government and Royal coin
1 $1.23 government and Royal coin
Half D $0.61 government and Royal coin
Quarter D $0.31 government and Royal coin
Dijm (1/10 Darling) $0.1226 government coin
Threidling (1/300 Darling) $0.037 government coin
Feonling (1/100 Darling) $0.01 government coin