Krispy S.A. and StarBrands Announce Merger, to Become Golden Brands

QUENTINSBURGH, Freedemia (January 12, 2022). Krispy S.A., owner of Krispy and Baleadas & Semitas, and StarBrands International Inc., owner of StarBurgers and Pizacyro Hero, announced their merger today. The combined parent company will operate under the name Golden Brands and build on an already extensive international presence. Krispy has one of the largest international presences of any major fast-food chain, with StarBurgers not far behind. The two Lycene-based companies (Krispy out of Barzona, StarBurgers out of Freedemia) have made significant expansions internationally over the past decades, despite the dominance of chains based out of powerful markets like the Federal States … Continue reading Krispy S.A. and StarBrands Announce Merger, to Become Golden Brands

Barzuna former president and vice president detained for corruption

Carante – Barzuna National Police confirmed that ex-president Mario Nadir and vice president Mateus Arias are now under custody over corruption and embezzlement charges during their term. In its press statement, it said the arrests comes after a year-long investigation. It said that during Nadir’s presidency, millions have been wasted on various public works projects, such as the new Barzona International Airport and the Cambreus peripheric south of Carante. The police have also uncovered evidence of “close ties” between his administration and other high-profile businessmen involved in these projects. The former president has previously dismissed the claims, insisting that his … Continue reading Barzuna former president and vice president detained for corruption

Barzona’s 25 centimo coin to be pulled out of circulation, along with high-value banknotes

Carante – The Central Bank of Barzona announced today that the 25 centimo coin will no longer be legal tender after 29 August 2021. In its press statement, the Bank said the production costs of one coin are more than its value, and it decided it is “no longer viable” to continue producing the coins. The brass coin, about 18mm, is only worth 0.01 Unified Standard Dollars as of May 2021. First entering circulation in 1975, its use declined with inflation. In January 2012, there were plans to phase out the centimos entirely by the end of 2025 and issue … Continue reading Barzona’s 25 centimo coin to be pulled out of circulation, along with high-value banknotes