Category: Basic Income

Sacramento County Guaranteed Income Program: $725 Per Month Coming In July

Sacramento County Guaranteed Income Program: $725 Per Month Coming In July

( MENAFN – ValueWalk) Some California residents will soon start getting a monthly guaranteed income. Specifically, the guaranteed income program is for residents of Sacramento County. The Sacramento County guaranteed income program will give eligible residents $725 per month for a year.

Sacramento County guaranteed income program: what is it?

Last month, the Sacramento County Board of Supervisors unanimously approved the guaranteed income program, called the Family First Sacramento pilot program. The program aims to help low-income Black and Native American families.The Sacramento County guaranteed income program, which will launch in July, will provide $725 per month to eligible African American […]

An opportunity to rethink India’s pension system Premium

‘The UPS, if properly restructured, could become an important tool in protecting the financial security of retirees’ | Photo Credit: Getty Images/iStockphoto The pension system in India has undergone a significant transformation over the years with three major schemes, the Old Pension Scheme (OPS), New Pension Scheme (NPS), and the proposed Unified Pension Scheme (UPS) , marking the different phases of government policy. Each scheme impacts retirees in different ways, with the OPS often being viewed as a more secure system compared to the NPS, which ties retirement funds to volatile market conditions. As the world witnesses a retreat […]

Gary Lightbody says arts funding is ‘quite dire’

Gary Lightbody says arts funding is 'quite dire'

BBC Gary Lightbody wearing a black jacket with a green shirt under, he has long black hair Snow Patrol frontman Gary Lightbody has said the state of funding for the arts is "quite dire".

Lightbody was among those who met the Minister for Communities Gordon Lyons on Thursday to discuss how to strengthen the arts sector in Northern Ireland.

He previously told BBC News NI that Stormont was "short-sighted" when it comes to public funding for arts .Lyons told BBC News NI it was a "very difficult time for the arts sector".Lightbody told BBC News NI that he felt that […]

Can Universal Basic Income Make African Youth Thrive Spectacularly?

There is no question that Diasporans with African heritage walking through the vibrant streets of Accra, Lagos, or Nairobi on their maiden trip to the continent will be impressed by the boundless potential of Africa’s youth. Yet, beneath the surface, millions struggle to make ends meet, their dreams deferred by poverty’s crushing weight. It’s time for a radical solution: Universal Basic Income (UBI).

The African Continental Free Trade Area (AfCFTA) offers a historic opportunity to redefine our economic landscape. With 55 nations and a combined GDP of $3.4 trillion [1], we can lift millions out of poverty. However, the stark […]

Zoom CEO Eric Yuan Predicts 4-Day Work Weeks Enabled By AI Within 20 Years, Echoing Views Of Bill Gates And Steve Cohen

Zoom CEO Eric Yuan Predicts 4-Day Work Weeks Enabled By AI Within 20 Years, Echoing Views Of Bill Gates And Steve Cohen

Zoom Video Communications Inc. CEO Eric Yuan announced at the Concordia Summit in New York on Wednesday that AI will soon enable four-day work weeks. Yuan believes this shift could occur within the next 20 years or even sooner.

What Happened : Yuan stated that as AI technology becomes more prevalent, employees will transition to working 32 hours a week instead of the traditional 40. He emphasized that this change is inevitable, saying, “That will become reality,” reported Observer

Earlier this year, Yuan told The Verge that Zoom aims to use AI to create “digital twins” capable of attending meetings […]

Invesco: The Invesco & Just Retirement Solution is now live

Invesco: The Invesco & Just Retirement Solution is now live

Invesco, one of the world’s leading asset managers, and Just Group, a dedicated retirement specialist, today announce that their new innovative Retirement Solution, designed to meet the evolving needs of today’s retirees, is now live and available to investors. Following the strategic partnership announced in June, Invesco and Just Group have been working with investment platforms and risk-rating agencies on bringing this proposition to market. Today the solution is risk-rated by Dynamic Planner and is available to advisers via the 7IM platform, with further platforms coming soon.

Traditional retirement products have long lacked the flexibility needed to address the […]

Universal basic income pros and cons —according to experts

Universal basic income pros and cons —according to experts

Universal basic income is a growing part of America’s policy conversations, as lawmakers and economists look for ways to reduce poverty.

Popular among many Silicon Valley tech leaders and economic policy experts, the model offers participants recurring cash payments, no strings attached. They can spend the money however they choose.

Basic income has been piloted over 100 times across America, and even more around the world. Advocates say that the cash — which could give all households an income floor — could be a key to reducing wealth inequality and strengthening the social safety net .“What we’re doing is betting […]

Oregon residents will vote in November on a $1,600 annual universal basic income

Oregon residents will vote in November on a $1,600 annual universal basic income

r/oregon – Oregon residents will vote in November on a $1,600 annual universal basic income Been posted plenty. Was pretty thoroughly debated 4 days ago here:

https://www.reddit.com/r/oregon/s/Rw5BN8RYrH

kjfkalsdfafjaklf • 10h ago •1600 for the whole year? jjwhitaker • 6h ago •And a 3% flat tax on revenue that TOTALLY isn’t going to lead to increases and 1.3% inflation. Wait no that’s the estimate from other Oregon policy/tax analyst groups. Increased inflation and billions lost to the general fund in 10 years.The measure is openly lying about what it is and the rest of the funding is just as […]

universal basic income pros and cons

universal basic income pros and cons

Universal Basic Income (UBI) has gained significant traction in discussions surrounding economic reform and social justice. Defined as a periodic, unconditional cash payment to all citizens, UBI aims to provide financial stability and reduce poverty. However, like any policy, it comes with its own set of advantages and disadvantages. Below, we explore these pros and cons, along with some analysis and practical examples. Pros of Universal Basic Income

1. Reduction of Poverty and Inequality

Attribution : According to a discussion on Academia.edu by John Doe, "UBI could serve as a safety net for the most vulnerable, ensuring that […]

Universal Basic Income (UBI): Latest Developments, Insights, and Global Perspectives

Universal Basic Income (UBI): Latest Developments, Insights, and Global Perspectives

Universal Basic Income (UBI): Latest Developments, Insights, and Global Perspectives

StrmFrnt Digital (Seth A West)

· Follow Published in Stormfront Digital Publications ·5 min read·4 hours ago– Photo by Noam Cohen on Unsplash In recent years, Universal Basic Income (UBI) has sparked heated debates and garnered attention from economists, politicians, and citizens alike. Whether it’s seen as a path to economic stability or a threat to traditional labor markets, the UBI conversation is evolving. From tech visionaries to state ballots, here are some of the most recent developments and global perspectives on UBI, along with a closer look […]