Category: Basic Income

The stock of Teva Pharmaceutical Industries Ltd (ADR) (NYSE: TEVA ) has "Hold" rating given on Friday, October 6 by Piper Jaffray. The total value of its holdings decreased 17.6%. The total amount of shares outstanding is 119.02M, giving the company a market capitalization of about 471.32M. This volatility measure use for multipurpose in judging the underlying price momentum as well as the rate of change in TEVA’s price. Usually the RSI is considered overbought when above 70 and oversold when less than 30. Teva Pharmaceutical Industries Limited ( TEVA ) is intriguing when broken down to its core […]

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Patrick Harvie will highlight the Green policies taken forward by the SNP in Scotland (Photo: Getty) The influence of the Scottish Greens over the SNP at Holyrood is growing by the day, Patrick Harvie will claim on Saturday, as he accuses his political opponents of playing “catch-up”.

Mr Harvie will use his speech to his party’s autumn conference to list the Green policies adopted by the Scottish Government, arguing that its MSPs are “leading the change”. Patrick Harvie The Greens’ co-convenor will say that the SNP has drawn on his party’s policies through recent moves to cut air pollution in […]

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Like all other industries, technology is also disrupting the U.S. banking industry. Artificial intelligence (AI) and banking automation are already beginning to take over banking jobs. Insiders are predicting that thousands of banking industry layoffs may follow in the years to come as robots take over the banking industry.

“There will certainly be job disruption…robots will be able to do everything better than us.” That’s what the visionary futurist and famed founder of Tesla Inc (NASDAQ:TSLA) and SpaceX , Elon Musk, predicts about our future. He believes that robots will eventually take away our jobs and governments may have no […]

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Paying games

JUST the other day, Nicola Sturgeon’s firm opposition to introducing a ban on smacking evaporated entirely.

After months of saying “No”, the SNP Government suddenly realised that the Greens had been right all along and a smack ban was the right idea. 1 First Minister Nicola Sturgeon backed smack ban It was a remarkable U-turn.Now we’ve got another one or, if not a U-turn, then at least a heavy slam on the brakes leaving a long trail of burning rubber behind.We learned this week that plans to pay Citizens’ Basic Income — a fixed weekly dole for everybody […]

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Nicola Sturgeon was warned about the cost of a national CBI in March (Photo: PA) Nicola Sturgeon has admitted that introducing a Citizen’s Basic Income scheme across Scotland may be impossible, but insisted that funding research into the idea was not a waste of money.

The First Minister said it would be wrong to be “close-minded” to the idea of a CBI scheme, which could see the welfare system replaced by unconditional cash handouts for every citizen. “It might turn out not to be the answer, it might turn out not to be feasible” Nicola Sturgeon Last month she announced […]

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This summer, the Wall Street Journal published an article claiming that a universal basic income would be a “calamity” for American society. The author’s warning was clear: “increasingly, young unemployed men are perfectly content to stay at home playing video games.”

Why, then, should we fund the gaming habits of lazy millennials with unconditional welfare payments? This kind of objection is hardly new; a quick Google search will show that universal basic income has been described by its critics as “ unconstitutional ,” a “ utopian fiction ,” a “ terrible idea ,” and perhaps worst of all, “ corporatist […]

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By David Paul Morris/Bloomberg/Getty Images. It’s not enough for Silicon Valley to be among the most profitable corridors of the new American economy; it also wants to be loved. Social media may have divided us, but Mark Zuckerberg is finding new ways to connect the world. Hate speech may have blossomed on Twitter, but Jack Dorsey is working to find a solution . Automation and artificial intelligence may be displacing jobs, but Bay Area futurists are experimenting with a universal basic income. Even as it has grown into a multi-trillion-dollar industry with a fearsome lobbying wing in Washington, Silicon […]

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It seems that 2017 has been a watershed year for the global basic income movement, as multiple governments and private research groups have independently conceived and launched experimental trials of basic income (and closely related policies). Several new experiments in North America and Europe represent the first such experiments in the developed world since the 1970s (when a negative income tax was tested in several cities in the United States and Canada), and the largest basic income trial ever designed is about to take place in Kenya.

At the same time, rumors of other experiments have appeared only to be […]

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First Minister of Scotland and leader of the SNP Nicola Sturgeon PLANS have been unveiled to create a national investment bank for Scotland .

First Minister Nicola Sturgeon announced the move at a conference on inclusive growth in Glasgow .

The event brought together speakers from international organisations, foreign governments, local authorities and academia to discuss growing Scotland’s economy and tackling inequality.The establishment of a Scottish national investment bank was a key plank of Ms Sturgeon ‘s programme for government revealed in September, with Benny Higgins, chief executive of Tesco Bank, appointed to head up a plan for its implementation.Views will […]

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Nicola Sturgeon has vowed to press on with plans to explore a citizen’s income scheme for Scotland while acknowledging it “might turn out not to be feasible”.

The First Minister said it would be wrong to be “close-minded” about different approaches to benefits in the face of rapid economic and digital change.

The Scottish Government’s plan to fund research into the possibility of a Scottish scheme has been criticised as unaffordable by the Scottish Conservatives.Earlier this week, the party suggested spending on benefits could have to rise by £12.3 billion to cover the costs of such a move – a claim […]

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