Algosh Republic: Difference between revisions
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Besides its developing urban and industrial economy, the Algosh Republic has robust agricultural and mining sectors. In agriculture, the country grows predominantly {{wp|maize}} and {{wp|potato}}es, as is the case in most of the rest of [[Cusinaut]]. In mining, the Algosh Republic is a major source of {{wp|nickel}}. Prior to [[2024]], the nickel mines were owned by the state and the country's mining industry was characterized as being plagued with inefficiency, waste, fraud, and generally being outdated. Significant foreign investments since the establishment of the Republic have revolutionized the now private nickel mining sector, and nickel output has increased twofold between [[2015]] and [[2035]]. Many economists project that the Republic will become a leading country in nickel mining by [[2050]] or [[2060]]. Besides nickel, trace quantities of {{wp|uranium}} ore have been discovered in the country, joining other Cusinaut countries in being viable for uranium mining, but specialization in nickel - combined with plentiful ore and beneficial economic conditions in neighboring [[New Harren]] - have generally led to low interest in uranium mining within the Republic. | Besides its developing urban and industrial economy, the Algosh Republic has robust agricultural and mining sectors. In agriculture, the country grows predominantly {{wp|maize}} and {{wp|potato}}es, as is the case in most of the rest of [[Cusinaut]]. In mining, the Algosh Republic is a major source of {{wp|nickel}}. Prior to [[2024]], the nickel mines were owned by the state and the country's mining industry was characterized as being plagued with inefficiency, waste, fraud, and generally being outdated. Significant foreign investments since the establishment of the Republic have revolutionized the now private nickel mining sector, and nickel output has increased twofold between [[2015]] and [[2035]]. Many economists project that the Republic will become a leading country in nickel mining by [[2050]] or [[2060]]. Besides nickel, trace quantities of {{wp|uranium}} ore have been discovered in the country, joining other Cusinaut countries in being viable for uranium mining, but specialization in nickel - combined with plentiful ore and beneficial economic conditions in neighboring [[New Harren]] - have generally led to low interest in uranium mining within the Republic. | ||
The Algosh Republic transitioned from using the [[wísdat]] - the transitional currency of the [[Northern Confederation]] and then [[Algoquona]] - to the [[taler]]. Both currencies were used in tandem between [[2025]] and [[2030]] in the territory. During this time, the Urcean government funded a program to offer the taler at an exchange rate of one taler to twenty wísdats, a rate far above the actual exchange values of the currency. This program was largely successful in ensuring wide adoption of the taler, but also led to a period of international speculation on the wísdat between [[2027]] and [[2029]], during which time some intermediaries in the Algosh Republic took advantage of the program to the benefit of their patrons. | |||
==Military== | ==Military== | ||