If you are feeling bad about Canadian interest rates, check out this article - Argentina rate hiked to 69.5% as inflation hits 20-year high
  
Argentina's central bank has raised its main rate of interest to 69.5% as it tries to contain soaring inflation.
The bank put up its 28-day benchmark rate by 9.5% percentage points, its second hike in as many weeks.
It comes as new figures showed inflation in the country had hit a 20-year high of over 70%.
The numbers dashed hopes that price rises had peaked after the latest US data showed that inflation had eased.
"The rise in the policy rate will help reduce inflation expectations for the remainder of the year," the bank said in a statement.
The move came after the bank raised the rate by 8 percentage points two weeks ago and marks its eighth hike this year.
The country's inflation rate is forecast to top 90% by the end of the year.
Continue reading...
Hike of the Month - Stawamus Chief
For my last two months of Ken's Korner, I want to look back to my two favourite hikes. The Stawamus Chief in Squamish made #2 on my list mainly because of the amazing views one gets on this hike.
I would highly recommend 'The Chief' to anyone in medium to good physical shape. The picture shows the view from the 3rd peak. Many hikers will simply go to the 1st peak (shown on the mid-left) and the view from there is also great.
Book of the Month - Sherlock Holmes
Every month I will be featuring a book I've read. This month's feature is "The Return of Sherlock Holmes" by Sir Arthur Conan Doyle.
First published in 1905, this classic has 13 separate Sherlock Holmes stories which I found to be most enjoyable reading.
Mysteries solved by this detective in most unusual ways make this a book you will want to pick up.
|
