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Fiscal Risk of Bitcoin Crash ‘Extremely Minimal’ Says El Salvador Finance Minister

Fiscal Risk of Bitcoin Crash ‘Extremely Minimal’ Says El Salvador Finance Minister

The Finance Minister of El Salvador downplayed the impact a significant drop in bitcoin’s price could have on the Central American nation’s finances. “When they tell me that the fiscal risk for El Salvador because of bitcoin is really high, the only thing I can do is smile,” said Finance Minister Alejandro Zelaya. “The fiscal risk is …

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Rapper Nipsey Hussle’s Last Moments Detailed as Murder Trial Opens

Rapper Nipsey Hussle’s Last Moments Detailed as Murder Trial Opens

LOS ANGELES—Rapper Nipsey Hussle was gunned down outside his clothing shop in a calculated, premeditated fashion by a man upset over a discussion about snitching, a prosecutor told jurors Wednesday at the outset of of a long-delayed murder trial. Deputy District Attorney John McKinney said during his opening statement that there’s “no doubt” Eric R. …

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Shein’s $15 million pledge won’t stop the flow of fashion waste to Ghana

Shein’s $15 million pledge won’t stop the flow of fashion waste to Ghana

Chinese retailer Shein is hoping to balance the export of its secondhand clothing to Ghana by throwing money at the waste that clothing generates. During a global fashion summit in Copenhagen last week, Shein announced plans to donate $15 million over three years to The Or Foundation, a nonprofit that studies fast fashion waste in …

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Lacoste makes its way into the web3 ecosystem with UNDW3

Lacoste makes its way into the web3 ecosystem with UNDW3

Luxury brand Lacoste has joined the web3 ecosystem with the launch of UNDW3 – pronounced underwater. The company announced this forward-looking move through a press release. The UNDW3 universe will let the Lacoste community participate in furthering the brand’s fashion-sport vision. According to the press release, UNDW3 allows Lacoste community members to own the brand …

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Ryanair drops Afrikaans test after backlash in South Africa

Ryanair drops Afrikaans test after backlash in South Africa

Ryanair has dropped a requirement for South African passengers to prove their nationality before travelling by completing a test in Afrikaans, Chief Executive Michael O’Leary said after the policy drew a backlash among South Africans. The South African government said last week it was taken aback by the low cost carrier’s decision to force U.K.-bound …

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