Business (Canada) PARIS — The "yellow vests" in France are worrying greens around the world. The worst riots in Paris in decades were sparked by higher fuel taxes, and …
Universal Basic Income Start With the Finnish Earlier this year, Finland launched a pilot program to test a universal basic income (UBI) policy by giving 2,000 of its …
World News KATOWICE, Poland (Reuters) – Delegates at U.N. climate talks in the Polish city of Katowice point to the mining museum next to the conference venue as the proper place for coal, which provides 80 percent […]
You are using an outdated browser that is no longer supported by Ontario. For Yang, the solution is a universal basic income. Tags canada , Finland , universal basic income , bureaucracy , UBICanada is the first government in North America to try out the universal basic income idea. Clients in an office of Finnish social security agency Kela, early 2017, just after the start of the nation’s now-ended basic income experiment. ) The gist: a lot of full-time jobs in the modern economy simply don’t pay aLast week the government of Ontario, Canada, announced it was ending a […]
“Basic income was the right thing to do for so many of us. I’m not lazy and never have been." OBIP Chronicles — Nearly 88 per cent of respondents to a survey about the Ontario Basis Income Pilot say the program helped lessen the stress and anxiety that came with not having enough income to meet their needs.
The survey also shows that nearly 73 per cent of respondents felt less depressed than they previously did, prior to being eligible for basic income. In comments made in the survey, Jennifer remembers she finally felt like she was a part of […]
The Institutional Retirement Income Council (IRIC) has published its annual review of top retirement industry trends for plan sponsors, providers and advisers to watch in 2019.
Thanks to the work of various stakeholders, IRIC says it expects a growing number of plan sponsors to evaluate and adopt retirement income solutions and decumulation strategies for their defined contribution (DC) plans.
“The continued decline of defined benefit plans along with the Social Security trustees again projecting that both Social Security and Medicare face long-term financing shortfalls puts more pressure on define contribution plans to become income generators for future retirees,” says Bob Melia, […]
Work Hard, Play Hard
British billionaire Richard Branson — the Virgin CEO who drove a tank through New York City and crossed the English Channel in an amphibious vehicle — thinks we’re all working a bit too hard.
If we all worked “smarter, we won’t have to work longer,” he tweeted Wednesday . In an accompanying blog post , he argued that innovations like self-driving cars and drones will cause more jobs to be taken over by robots.“Could people eventually take three and even four day weekends?” he wrote. “Certainly.” Billionaire Club Branson isn’t the only one who believes the […]
File photos of Prime Minister Narendra Modi, BJP president Amit Shah and Finance Minister Arun Jaitley at a BJP meeting in New Delhi on Wednesday. (PTI Photo)
New Delhi: Stung by the defeats in three core states in the Hindi heartland and facing anger over an ongoing agricultural distress, the BJP believes it has an ace up its sleeves – the likely announcement of Universal Basic Income in its last budget session, sources have told News18.
The loss of Rajasthan, Chhattisgarh and Madhya Pradesh to the Congress is inevitably going to loom large over the forthcoming interim budget, scheduled to […]
Italian authorities have agreed to tweak their proposed budget to reduce the deficit, thereby avoiding a clash with the European Commission which would have seen sanctions taken out against the Italian state.
The Italian government has agreed to restrict the planned deficit to 2.04% from its proposed level of 2.4%. Whilst the original targeted over-spend was well within the EU convergence limit of 3%, the Italian national debt, the second highest in the EU behind that of Greece is way outside the limit of 60% of GDP at almost 132%. The Commission is concerned that prolonged and substantial deviation from […]
PM Narendra Modi The recently-concluded assembly elections have raised a serious question over the Narendra Modi led Bharatiya Janta Party’s chances of winning the general elections next year. One of the major reasons of its defeat is considered as the rural distress. To arrest the further sliding on this agricultural distress, the central government is likely to announce the Universal Basic Income in its last budget session.
News18 has reported that the BJP’s election defeats in Rajasthan, Chhattisgarh and Madhya Pradesh is likely to be included in while formulating the general budget which is scheduled to be presented by finance […]
Ilocos Norte Gov. Imee Marcos on Friday bewailed the marginalization of farmers and fishermen in the government’s multi-billion-peso Pantawid Pamilya Program. “Many of our farmers and fisherfolk are not included in the barangay lists of Pantawid Pamilyang Pilipino Program [4Ps] recipients even if they are the poorest of the poor because they reside in far flung communities hardly reached by welfare programs and are rarely visited by government social workers,” said Marcos, the only local executive running for senator in next year’s midterm elections. The 4Ps is a human development measure of the national government that provides conditional cash […]
This handy NPR story runs through many of the new policy ideas emerging on the political left, some of which may get promoted by Democratic presidential candidates in 2020. Among them: a jobs guarantee, a basic income, and “Medicare for all.” And it looks like wonky constraints such as cost and “technocratic limitations” won’t stop this surge of big thinking from surging. “I think it’s pretty clear that Democrats are swinging for the fences right now,” said economist Stephanie Kelton, an adviser to Sanders’ 2016 presidential campaign. A jobs guarantee, a basic income, and “Medicare for all” each have […]