Money Rialto

Three thousand ducats? Well...

MONEY NOW so pervades the world that few people question it, but as James Buchan argues in his persuasive new book, the acceptance of money has brought the world to a condition of unprecidented instability. For there is nothing to money but faith, which can evaporate in an instant and has done so repeatedly in history.

From an extensive knowledge of literature, finance, business and philosophy, Buchan shows how money has colonised the world both in its forms as a coin, banknote or electronic book entry, and as an idea of happiness. In the process, money has dethroned other purposes of human existance, transformed our relationships with one another and the external world, and subjected us to an authority of which few of us are even aware.

The Ducat Tonight

Latest Exchange rates

1 Ducat = £1000

Australia 2127 Israel 5610
Austria 19980 Italy 2787000
Belgium 58650 Malta 620
Canada 2140 N.Zealand 2430
Cyprus 830 Norway 11750
Denmark 10880 Portugal 286750
Finland 8620 S.Arabia 5870
France 9540 Singapore 2360
Germany 2838 S.Africa 7270
Greece 448500 Spain 237750
Holland 3185 Sweden 12360
H.Kong 11970 Turkey 260110
India 58170 UK 1000
Ireland 1054 USA 1556

Passionate, humane, profound, light-hearted and sincere, Frozen Desire is one of the most original works of thought to appear in Britain for years

James Buchan: Frozen Desire - a inquiry into the meaning of money, Picador, £17.99.


SHYLOCK, LEVY (Venice) announced yesterday that it is to set up a corporate finance branch at its Rialto offices. Senior partner Jacob Shylock commented "This is a new venture for us and we see it as a logical fit with our moneylending operations."

DOUBTS CONTINUE as to the trading performance of Vitelli Shipping. In spite of this year's good results, leading to the nomination of owner Antonio Vitelli for the 1997 Merchant of Venice award, analysts are concerned that the company may be trading overseas without the appropriate level of insurance cover.


SHARE PRICES in Argosy Shipbuilders plummet. For the fifth consecutive day share prices have fallen dramatically in response to losses at sea of Argosy built ships in the recent storms. With a safety review imminent, this trend looks set to continue.





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