In March, Italian Prime Minister Giuseppe Conte urged the European Union to use its crisis fund to help mitigate the devastating effects of the pandemic. Conte said that the EU should utilize the €500 billion ($539 billion) crisis fund to finance embattled nations. “The route to follow is to open ESM (European Stability Mechanism) credit […]
Since the Coronavirus hit, every day seems like Black Friday at Walmart. Our daily grind now includes shoppers emptying the shelves as if the price tags were reduced by 80%. The past weeks have been incredibly stressful for the Walmart retail crew who put their health and safety on the line for the panic-driven customers.
Even the world’s biggest retailer is not strong enough to stand up to the coronavirus. Walmart Inc. has decided to cut operating hours of its branches and neighborhood stores located across the US due to the coronavirus or Covid-19. During an announcement that hit the media on a late Saturday, the retail giant announced that
In January, Walmart President and CEO Doug McMillon disclosed plans to place Walmart’s supercenters at the core of its new strategy to compete against the e-commerce giant Amazon. During the meeting, McMillon shared his vision of using Walmart’s existing giant boxes to expand their online operations so there’s no need to spend on building new
A former executive from Walmart tipped off the Internal Revenue Service (IRS) on how Walmart dodged payment of US tax on $2 billion by routing the money through other countries. According to the documents he submitted to IRS in 2011, the company who operate their own money transfer services through the walmart money network inflated
A legal attempt by Michael Newdow to remove the national motto, “In God We Trust” from all U.S currency was rejected by the U.S. Supreme Court. Newdow argued on behalf of his atheist clients, that inscribing the national motto on coins and notes is an endorsement of religion by the U.S. government and should be
For the last few years, Bitcoin was the darling of the investments world. Bitcoin single-handedly put the term “cryptocurrency” in everyone’s vocabulary. People who bought Bitcoin at low prices sold them exponentially higher. There were stories of investors who became “overnight millionaires” because of the cryptocurrency. The question on everyone’s mind was “Can I still
Have you come across Facebook pages that are offering you to trade Libra – Facebook’s cryptocurrency – for Bitcoin? If you have, don’t click on the page. According to Facebook, Libra is still not available to the public. That Facebook page, like hundreds of others, is a scam perpetrated by cyber-criminals looking to cash in
The Pound Sterling the current currency in England took a beating and plummeted to historical lows while the stock market hit record highs. Britons and the rest of the world are wondering if the country will enter a recession. In a historic vote last June 2016, the United Kingdom voted to leave the European Union.
Walmart, the world’s biggest company in terms of revenues, has decided to diversify its portfolio further by throwing its hat into the cryptocurrency market. According to the news agency, Bloomberg, the giant retailer filed a patent for Walmart coin last 29 January. Already working within the currency transfer services with their Walmart to Walmart tracking