“I envision cities and boroughs working with builders and banks to get these tax credits set up so when we start building, the money will stay local and put Alaskans to work,” said Republican state Sen. Click Bishop, who sponsored the Senate companion legislation. … [Read more...] about Alaska residents to use tax credits to increase air quality
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Small business owners and self-employed people line up to apply for loans at the Daegu center of the Small Enterprise and Market Service on Wednesday.[NEWS1]If you’re a small business owner hoping to borrow 10 million won ($8,245) from the government to get you through the coronavirus crisis, you may be out of business before you get the money. The good news is that the funding, which comes from the Small Enterprise and Market Service (Semas) fund, will be disbursed in an orderly fashion. Owners born in even years can apply on even days. Those born during odd years can apply on odd days.These rules were announced by the Ministry of Economy and Finance and the Ministry of SMEs and Startups on Friday.A whole host of measures to support small businesses and the self-employed suffering in the coronavirus economy are being rolled out by the government. The problem has been getting money to businesses. Thus, the odd-day, even-day solution.“This new measure is expected to help … [Read more...] about Want 10 million won? Get in line!
Apprentices are entitled to the apprentice rate if they’re either a) aged 19 or under or b) aged 19 or over and are in their first year of apprentiship. To qualify for the minimum wage, you must be at school leaving age (16 years or older). National Living Wage vs Living Wage - what's the difference? The 'national living wage' is a rate set by the government and all employers must comply. The 'living wage' however, is a rate independently set by the Living Wage Foundation - and is revised each year. … [Read more...] about Debenhams, Peacocks and hundreds more firms under fire for NOT paying minimum wage: Your rights and what to do if you’re affected
“The president will be bashed for this declaration. On the issue of reliefs for the anticipated economic hardship, the measures announced are half-hearted. They are not sufficient and concrete enough to affect the majority of the poor in the country. Apart from moratorium on the so called tradermoni, cash transfers to unnamed categories of Nigerians for two months, there are no pronounced measures that will really alleviate the economic hardship that the already announced lockdown will bring to traders, entrepreneurs and the rest of the citizens. I am afraid that nothing has been said that will reduce anxiety from the citizens. For now everyone is on his or own, God for all of us.” … [Read more...] about Lawyers divided over Buhari’s restriction of movement order in Abuja, Lagos, Ogun
The rate cut by the RBI led to a steep fall in bond yields on Friday. The benchmark 10-year bond yield dropped to 6.07% compared to the 6.7% it has averaged in the past one year. This in turn gave a big boost to the NAVs of debt funds, especially schemes that have lined their portfolios with long term bonds. When rates go down, existing bonds with higher coupon rates become more attractive. Long-term bonds benefit the most in such situations. Does that mean long-term bond funds will outperform now? Not really. Experts believe that after the 75 basis point cut, there is very little scope for bond yields to go down further. In fact, Bloomberg economists expect 10-year yields to average at 6.65% 2020-21. So, long-term bond funds could actually lose money as bond yields rise in the coming months. The interest rate changes are not the only problem. While the decline in bond yields in the past one year have pushed up returns for most funds, the unexpected downgrades and defaults have also … [Read more...] about Best debt mutual funds across categories
The country is still headed towards a deep economic recession that is going to be far worse than 2008! The H-1Bs know what’s coming, and they all know that they could be unemployed real soon, if they have not already. They know how difficult it is going to be finding another job given the dismal economic times ahead … H-1B visa workers are not needed at this time. So why should our government allow them to stay here for half a year trying to look for jobs when so many unemployed Americans are hurting and searching for jobs as well? … [Read more...] about India’s Unemployed H-1B Workers Lobby White House to Stay in the U.S.
But what America did was a basic human obligation. It is the obligation of every person born in a safer room to open the door when someone in danger knocks. It is your duty to answer us, even if we don’t give you sugary success stories. Even if we remain a bunch of ordinary Iranians, sometimes bitter or confused. Even if the country gets overcrowded and you have to give up your luxuries, and we set up ugly little lives around the corner, marring your view. If we need a lot of help and local services, if your taxes rise and your street begins to look and feel strange and everything smells like turmeric and tamarind paste, and your favourite shop is replaced by a halal butcher, your schoolyard chatter becoming ching-chongese and phlegmy “kh”s and “gh”s, and even if, after all that, we don’t spend the rest of our days in grateful ecstasy, atoning for our need. … [Read more...] about The ungrateful refugee: ‘We have no debt to repay’
How much are we paying? Our analysis shows government spending on early childhood education and care has escalated over the past 10 years by about 140%. This means both sides of politics are recognising early learning is a worthwhile investment. But Australia’s public investment is still below the OECD average of 0.8% of GDP. … [Read more...] about Governments should pay more for childcare. Instead families struggle with costs