categoryMenu_new
 
  Home
  EXTRAORDINARY AH Teaching from Spiritual Hierarchy
  AbundantHope
  NEW READERS! Read Here First
  Supporting AH
  Leadership of AbundantHope
  Announcements
  Regional AH Sites
  Other Sites with AH material
  Contact Us
  Becoming A Messiah
  OUR PUBLIC FORUM IS OPEN TOO ALL
  Mission Ideas
  System Busting
  Cleric Letter/English
  Translations of Cleric Letter
  AH Member Writings
  Candace
  Ron
  Rosie
  Jess
  Brian's Poetry
  James
  Giuseppe
  Esteban
  Telepathic Messages
  Candace
  Jess Anthony
  Vince
  Leonette
  John
  Adam
  Bela
  Joyce
  Hazel
  Kibo
  Peter
  Rosie
  Johan
  Lucia
  Lucia G
  Rubens
  Shellee-Kim
  Ben
  Dorothea
  Solon
  Others
  Targeted Messages
  Hano
  Light Flower
  Changing The Face Of Religion
  - Phoenix Journals - PDF in German
  Candace on Religion
  Other Spiritual Pieces
  Spiritual Nuggets by the Masters
  Phoenix Journals
  Phoenix Journals - PDF
  Telepathic Messages PDF books
  Selections from the Urantia Book
  Illustrations For The Urantia Book
  CMGSN Pieces
  THE WAVE
  Environment/Science
  David Crayford and the ITC
  Health and Nutrition
  Podcasts, Radio Shows, Video by AH
  Political Information
  True US History
  Human/Animal Rights
  The Miracle That Is Me
  Education
  Resources
  911 Material
  Books - eBooks
  government email/phone #'s
  Self Reliance
  Video
  Websites
  Alternative News Sources
  Art and Music
  Foreign Sites
  Health and Healing
  Human/Animal Rights
  Scientific
  Spiritual
  Vegan Recipes
  Translated Material
  Dutch
  Gekanaliseerde berichten Jess
  Gekanaliseerde berichten Candace
  Gekanaliseerde berichten Anderen
  Artikelen/berichten
  French
  Canal Jess
  Par Candace
  Other Channels
  Articles
  German
  Telepathische Nachrichten (Candace)
  Telepathische Nachrichten (Jess)
  Telepathische Nachrichten (div.)
  AH Mitgliederbeiträge (Candace)
  AH Mitgliederbeiträge (Jess)
  Spirituelle Schätze
  Italian
  Translations - Candace
  Translations - Jess
  Translations - Others
  Portuguese
  by Candace
  By Jess
  By Others
  Spanish
  Anfitriones Divinos
  Bitácoras Fénix
  Creadores-de-Alas (WingMakers/Lyricus)
  Escritos de Candace
  Escritos de Otros
  Monjoronsón
  Telemensajes de Candace
  Telemensajes de Jess Anthony
  Telemensajes de Otros
  Chinese
  By Candace
  By Jess
  By Others
  Korean Translations
  Hungarian Translations
  Swedish Translations

Search
[an error occurred while processing this directive]
Political Information : True US History Last Updated: Mar 28, 2020 - 7:47:46 AM


Drum Roll Please ! And the BIGGEST WINNER of the deadly global virus is…
By Russia Today
Mar 27, 2020 - 5:04:59 PM

Email this article
 Printer friendly page Share/Bookmark

https://www.rt.com/business/484230-bezos-coronavirus-outbreak-winner/

27 Mar, 2020
Get short URL

Drum roll please! And the BIGGEST WINNER of the deadly global virus is...

Jeff Bezos, founder of Amazon © Reuters / Katherine Taylor

As the US surpasses China in the highest number of coronavirus infections worldwide, economists are raising concerns of massive bankruptcies, as well as supply shock and demand problems for the world's largest consumer market.

However, not everyone is losing money, analysts say, pointing to large e-commerce firms that are making money out of the crisis as people are confined to their homes.

According to Morgan Stanley analysts, American retailers are experiencing a real boom. In the first weeks of March, retail sales of food products increased sharply by eight percent, which is an unprecedented growth for such business. Moreover, it is possible that growth will continue at double digits, the bank predicts.

ALSO ON RT.COMAmazon squeezing workers amid Covid-19 crisis is ‘unacceptable' - French finance minister

Rating agency Moody's said that "retailers such as supermarkets, pharmacies, shops and grocery stores are going to benefit, as consumers will stock up on food and other necessities." It added that retailers who had developed an online sales platform before the crisis have benefited greatly. Thanks to this, operating income at food stores such as Whole Foods (owned by Amazon), Walmart, and Kroger has grown significantly as consumers try to avoid shopping.

Of all these retailers, "Amazon, I would say, is the strongest," Gary Korolev, sovereign US private equity manager, told RIA Novosti.

He noted that Amazon offers a range of basic-needs' products and services for customers locked at home, such as entertainment (movies, books), food delivery and essential goods. At the same time, it is Amazon that has the most developed network of delivery centers throughout America, Korolev said. The company, which is currently experiencing rapid growth, plans to hire 100,000 new workers to collect, pack and deliver orders.

ALSO ON RT.COMStill richer than you! World's 20 wealthiest lose almost $80 BILLION in Thursday's market rout

In a memo to Amazon employees last week, Amazon CEO Jeff Bezos said that "my own time and thinking is now wholly focused on Covid-19 and on how Amazon can best play its role."

On Wednesday, attorneys of 32 US states asked Bezos to tighten control over price inflation for essentials on his platform. According to the research group US PIRG, prices for one out of six products sold directly through Amazon rose 50 percent during the epidemic. In some cases, the price has grown tenfold. Thus, the price for a bottle of sanitizer, has skyrocketed from $25 to $250. Bezos gave his assurance that he was taking all the necessary measures to prevent price inflation.

For more stories on economy & finance visit RT's business section

[Colour fonts and bolding added.].




All writings by members of AbundantHope are copyrighted by
©2005-2020 AbundantHope - All rights reserved

Detailed explanation of AbundantHope's Copyrights are found here


Top of Page

True US History
Latest Headlines
The Hydroxychloroquine Controversy Is A Reminder That Prescription Laws Are A Government Racket
Paul Craig Roberts Asks "Where Did My World Go ?"
Trump signs social media executive order that calls for removal of liability protections over 'censoring'
[BREAKING VIDEO REPORT] $660 Million Spent on 30+ Field Hospitals, Most Had ZERO Patients
BOOM! GUESS WHO IS CALLING THE SHOTS ON HUMAN EXPERIMENTATION?
Trump's "Keyboard Warriors" Get The Story While The Legacy Media Ignores #Obamagate
6' Social Distancing Rule Came from 14 yo Girl Fantasies
“Rabbit-Dragon War” Warned Could Explode US Rocket Launch As Battle For Mars In Yemen Takes Strange Turn
CROOKS: Two Moderna Executives Sold $30 million of stock before Truth About Vaccine Trial Failure was Uncovered
COVID-19 Vaccination: What The Plan Looks Like
Regime Change Back In Focus: Pompeo Targets Iran, Cuba & Venezuela In Epic Tweet Thread
Ed Snowden: IT WILL BE MANDATORY? Something Major Is Happening This Year!
Hong Kong Rioters Should Never Fight Against Their Own Country
America the Terrified: What Makes This Superpower So Sensitive ?
HUGE VACCINE TRUTH VICTORY ! U.S. Govt Loses Landmark Vaccine Lawsuit
Putin Running US Government “Through Encrypted Communications” Leftist Meltdown Also Slams American War Dead
Tucker: Now we see that COVID lockdowns aren't the only solution
The Mainstream Media's Great Trick: Ridiculing People into Silence
Washington’s New Anti-China Strategy
The Sad Truth About "Memorial Day"