Esim - Economy Update [Day 96]
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Economy Update [Day 96] (Economical)
Posted 5 years ago by
United Kingdom Org    
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. British News .

Day: 96


President: MrLogano

Evening all,

Now war with Canada has concluded with the signing of an NAP; our attention can now return to matters at home. This article is just to cover some changes in regards to government salaries for jobs, and prices that Org will sell products at. Since the Org is also in need of supplies, I will cover that issue below.

- - - Communication - - -
As usual, I must make you all aware that our official discord server is the best place to reach us. All the latest discussion, and battle co-ordination can be found there. Simply join on the link below and let us know if you are a UK citizen.

Link to Server: UK Alpha


- - - Economy - - -
Following recent price trends, it has become necessary to adjust the price of products sold by the Org, this in turn will affect wages as we must pay a fair wage to our workers. Please take a few minutes to look over the changes below;

- Wages -
Following a recalculation of wages, United Kingdom Org will now pay the following rates. For those wanting to know how these figures were calculated; it is based on the production of Q1 Weapons minus the cost of Iron. For more information on this, please feel free to ask me.

ES123456789101112131415
GBP19.5824.7130.2436.1842.5349.2856.4363.9971.9680.3389.1098.28107.87117.86128.25


- Products -
United Kingdom Org will now sell products based on current trade prices. We will maintain the MM ratio of 0.05, and any prices in gold will be converted into GBP at that ratio. In addition, the current rate of VAT will also be added. So for example, a Q1 weapon listed at 0.03 gold will be listed on our markets for 0.63 GBP. This method will be applied to all products sold by the government.


- - - Org Supplies - - -
Following our recent war, it has become necessary to restock our supply cache in the MoD. Due to the nature of the UK job market, many of our public companies are often empty, or workers are inactive. As a remedy to this, UK Org will start buying up offers on the UK market. Of course, to make sure the country gets good value for money, there will be a couple of requirements.

- Requirements -
For UK Org to buy from the UK product market, offers must be at a reasonable price. This value should reflect the current trade price for that product. So we will not buy up offers that are overpriced.

In addition to this, UK Org will only buy up the products it requires, or can make use of. So Q1 / Q5 Weapons, Q5 Food and Gifts would be ideal, although we can also make use of Oil, Iron, Grain, Diamonds etc.

Finally, only offers posted by UK citizens will be considered. This is to ensure that we support our own citizens rather than allowing our currency to flow abroad. This may change depending on our requirements, but that will only be under exceptional circumstances.




Previous article:
UK Update [Day 44] (5 years ago)

Next article:
UK Update [Day 138] (5 years ago)

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