Italy

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Italy Locks Down 14 Provinces Over Novel Coronavirus Fear

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Italy is one of the countries hit the hardest by the novel coronavirus. To avoid further spreading of the virus, a lockdown has been announced in northern Italy. When a virus of this magnitude spreads quickly, extreme precautions come into play. Italy Takes Extreme Coronavirus Measures For Italian residents, an emergency lockdown affecting millions of … Read more

Bailouts From Asia to the EU Signal Recession and Potential Crypto Opportunity

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China’s Hengfeng Bank is set to get a $14.2 billion bailout from both Chinese government and foreign investors. An emergency decree has been approved to bail out southern Italy’s biggest lender, Banca Popular di Bari. Germany continues to struggle with bailout pains, as regional bank Nordlb finds itself now depending on another capital injection. None … Read more

Italians Love Cash But Are Growing Fond of Crypto, New Stats Suggest

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Italy, one of the world’s largest economies, has faced plenty of financial challenges in the past decade. That’s probably one of the reasons why cryptocurrencies have been faring better there than in other European countries. Italians love cash but are also warming up to its decentralized digital alternative. The number of businesses accepting crypto payments … Read more