With India suffering from a cash shortage ever since the government took away high-denomination Indian notes to clamp down on fraud, the government has come up with a new way to fix the problem: a digital lottery. According to a report, starting on Christmas Day, India...
The seeds may be sown for cash crunches in Venezuela, which has been plagued in the recent past by inflation and other currency-related issues. In a recent Bloomberg report, just a day before a systematic debut of large denomination bills combating inflation, the physical currency itself...
May 14, 2018
MoviePass’ stock has been under severe pressure recently as investors worry about a cash crunch at the company. But Ted Farnsworth, head of Helios & Matheson Analytics, the parent company of MoviePass, said the subscription service has enough cash to survive and thrive. In an interview with Variety, Farnsworth said MoviePass has around $300 million […]
December 21, 2016
With India suffering from a cash shortage ever since the government took away high-denomination Indian notes to clamp down on fraud, the government has come up with a new way to...
December 15, 2016
The seeds may be sown for cash crunches in Venezuela, which has been plagued in the recent past by inflation and other currency-related issues. In a recent Bloomberg report, just a...