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Moving away from cash - is the dollar bill dead?

New $1 coin the first to feature a president - Will dollar with Washington's image find more success than other versions?
Associated Press

WASHINGTON - George Washington’s birthday celebration will have a golden tinge this year. Millions of new gold-colored dollar coins bearing the first president’s likeness are being introduced in time for the festivities. The question is whether people will reject them as they did the two previous $1 coins.

The new $1 coins, the first in a series featuring four presidents a year, were to go into circulation on Thursday, just before next week’s President’s Day celebrations.So far the Federal Reserve, the Mint’s distribution agent, has placed orders for 300 million of the Washington coins. Many have already been delivered to commercial banks under orders not to begin selling them to customers until Thursday. “For the vast majority of Americans, they will be able to get the new dollar coin on the day that we issue it,” Mint Director Edmund C. Moy said in an interview with The Associated Press.

“I don’t know of any country that has successfully introduced the equivalent of a dollar coin without getting rid of the corresponding paper unit,” said Douglas Mudd, the author of a new book on the history of money, “All the Money in the World.” “If the new one-dollar coins are going to win, then one-dollar bills will have to lose,” said Jeff C. Garrett, president of the Professional Numismatists Guild. See: See the brand-new $1 coin

Minister leads chiefs to Israel

The Minister of Chieftaincy and Culture, S.K. Boafo and African Chiefs visit the African-Hebrew village in Dimona
Ghana News

The Minister of Chieftaincy and Culture, S.K. Boafo, is leading a delegation of chiefs to Israel where they will visit the African village in Dimona.

A statement issued in Accra said the nine-day visit will afford the delegation the opportunity to interact with officials of Dr Martin Luther King Jr SCLC/Ben Ammi Centre for new humanity, which is a conflict resolution centre with a string of achievements in the area of social, moral, cultural and intellectual development.

The delegation will also visit places of historical and Biblical interests and interact with politicians and the business community. Among those on the delegation are Daasebre Dr. Amankona Diawuo II, Berekumhene, Nii Odai Ayiku IV, Nungua mantse, Oseadeeyo Ameyaw IV, Techimanhene and Togbui Duklui Attipoe V and Mr Napoleon Agboada, representatives of the Anlo Traditional Council.

Catholic Church supports - After So Many Deaths, Too Many Births in Rwanda

Rwanda moves to limit family size - Rwanda is planning to limit couples to no more than three children because of rising poverty in Africa's most densely populated country.
BBC News Service

The country has one of the world's highest birth rates. Some are keen to have children to replace the family members lost during the 1994 genocide.
The government is holding discussions with church leaders - hoping to win their support for population control.

Catholic church leaders are not expected to oppose the plan, the Times reports. According to the Times, the church has avoided politics because some priests, nuns and lay workers took part in the 1994 genocide, which weakened the church's "moral authority." Officials designing the population control program say they would like their plan to become a model for other African countries.

They also say they have begun consulting specialists from the U.S. and other countries to fund the project in its entirety. The U.S. government is currently helping to finance the program, the Times reports (Kinzer, New York Times, 2/11).

To learn more see:
Rwanda moves to limit family size
Rwanda plans to control population growth
After So Many Deaths, Too Many Births

Teen gunman kills 5 in Utah mall rampage

18-year-old wounds 4 more before being killed by police; motive unknown
Associated Press

SALT LAKE CITY - A historic mall’s winding hallways became a shooting gallery for an 18-year-old gunman in a trench coat who fired a shotgun randomly at customers, killing five and wounding four before being killed by police, authorities and witnesses said.

The shooter, whose name was not released, also was armed with a handgun and had several rounds of ammunition, Salt Lake City police Detective Robin Snyder said early Tuesday. No motive has yet been determined, she said. See: Teen gunman kills 5 in Utah mall rampage

Cleveland Cavs beat Lakers

Cavs rely on balance, not LeBron, vs. Lakers
Associated Press

CLEVELAND - LeBron James finally doesn’t have to do it all — all the time — for the Cavaliers.

James deferred to less-heralded teammate Sasha Pavlovic, who scored 13 of his 21 points in the fourth quarter, and Cleveland clamped down on Kobe Bryant when it mattered most in a 99-90 win over the Los Angeles Lakers on Sunday.

James had 18 points, eight rebounds and five assists, but he bowed to Pavlovic and others down the stretch, and Cleveland’s supporting cast came through.

“I feel like a prophet,” said James, who has been praising Pavlovic for weeks. “People were looking at me crazy. I’ve always said that if Sasha gets the opportunity, he is going to be very good. We go against each other in practice and I know what type of player he is. “He’s showing it.”