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The pound is the main unit of sterling, [4] [c] and the word pound is also used to refer to the British currency generally, [7] often qualified in international contexts as the British pound or the pound sterling. [4] Sterling is the world's oldest currency in continuous use since its inception. [8]
The 2020s (pronounced "twenty-twenties" or "two thousand twenties"; shortened to "the '20s" and also known as "The Twenties") is the current decade that began on January 1, 2020, and will end on December 31, 2029.
Each ordinary seaman on his ship received a share worth £3,000 ($3.5 million), with officers receiving proportionally larger amounts as per the agreed shares, with Tew himself receiving 2½ shares. It is known there were actions with multiple ships captured where a single share was worth almost double this. [112] [115]
At the time, the UK's gold reserves were worth about US$6.5 billion, accounting for about half of the UK's US$13 billion foreign currency net reserves. [ 135 ] The 2001 AOL merger with Time Warner (a deal valued at $350 billion; which was the largest merger in American business history) [ 136 ] was 'the biggest mistake in corporate history ...