Jack Dorsey Made a $1 Billion Philanthropic Pledge Last Year. Here’s What We Know About His Giving

Jack Dorsey Made a $1 Billion Philanthropic Pledge Last Year. Here’s What We Know About His Giving

Frederic Legrand – COMEO/shutterstock Last April, Twitter and Square co-founder and CEO Jack Dorsey announced he had transferred $1 billion of shares in Square to an LLC called Start Small to fund COVID-19 relief efforts, and once the pandemic subsided, causes related to girls’ health and education and universal basic income (UBI).

It was a huge development, the largest commitment earmarked for COVID response at the time, prompting me and others to call out Dorsey’s fellow billionaires for not pulling their weight during a historic crisis. Though he’s moving money through an LLC and donor-advised funds, which are not required […]

Lightfoot stalled universal basic income pilot to use it as budget sweetener, former floor leader says

Lightfoot stalled universal basic income pilot to use it as budget sweetener, former floor leader says

Ald. Gilbert Villegas (36th) told the Chicago Sun-Times that a universal basic income pilot program could have been launched months ago, but Mayor Lori Lightfoot delayed it so she include it in her proposed 2022 budget. Mayor Lori Lightfoot was accused Thursday of blocking an alderman’s universal basic income proposal only to commandeer the idea and use the $31.5 million test program to sweeten the pot of her 2022 budget.

Ald. Gilbert Villegas (36th), chairman of the City Council’s Hispanic Caucus, said 5,000 of Chicago’s neediest families would have been collecting $500 monthly checks since spring if only Lightfoot hadn’t […]

Phoenix approves the Universal Basic Income Program for 1,000 families

Phoenix approves the Universal Basic Income Program for 1,000 families

Phoenix City Council on Tuesday approved a plan to provide monthly payments to about 1,000 local low-income families for a year. Call it Phoenix’s own universal basic income program.

The plan will be funded by the American Rescue Plan Act, the latest $ 1.9 trillion federal COVID-19 relief bill approved by Congress in March last year. The city received $ 196 million from the relief bill and voted Tuesday to spend $ 12 million of it on the monthly payments, officially called the Financial Assistance for the Phoenix Families Program.

“We’ll mainly choose 1,000 families to get $ 1,000 [per month] […]

KRI proposes universal child benefit scheme of RM100 to RM150 per child per month

KRI proposes universal child benefit scheme of RM100 to RM150 per child per month

Photo by Shahrill Basri/The Edge KUALA LUMPUR (Sept 23): Khazanah Research Institute (KRI) has proposed to establish a universal child benefit (UCB) scheme, in order to prevent the risk of children being left behind during their vulnerable stage of life.

In its report titled ‘Building Resilience Towards Inclusive Social Protection in Malaysia’ launched today, the research institute said such an approach is necessary, given that children across all income groups are affected by issues including education, health and nutrition.

“We strongly advocate for the protection of children and we feel that this policy is a low hanging fruit. We feel that […]

Universal basic income cryptocurrency

Universal Basic Income. Transitive transaction of units from A to C. Big tax hike to fund universal basic income in South The result would be a global cryptocurrency where every participant has a good reason to use it (because they get free tokens) but with a fully decentralized mechanism of joining this currency. Universal basic income (UBI) is the talk of the town, but reliably Universal basic income cryptocurrency. transferring cash, via debit cards, phones, or digital coins, is surprisingly complex. Cryptocurrency and often amorphously Estimated Reading Time: 9 mins.

Daniel Mermelstein: “Basic Income and cryptocurrency” by Andre Coelho | […]

Labor and Climate Change; Reproductive Rights Under Attack; Tackling the Opioid Epidemic

Labor and Climate Change; Reproductive Rights Under Attack; Tackling the Opioid Epidemic

Biden addresses the climate crisis in UN speech. How empowering workers could help the fight against climate change. 22.09.2021, Sputnik International

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Biden addresses the climate crisis in UN speech. How empowering workers could help the fight against climate change.Dan Kovalik, author and human rights and labor lawyer, talks to us about the intersection of labor and climate change, and how extreme weather is affecting the U.S. where workers are forced to work in dangerous and unhealthy conditions. We also talk about how empowering federal oversight agencies and worker unionization could alleviate working conditions and work in tandem with other policies […]

Business News: SA Needs Economic Reform Policies That Work for the Country, Says Economist

Business News: SA Needs Economic Reform Policies That Work for the Country, Says Economist

A South African economist says that South Africa needs to work on economic policies that work for its people

She says there are a number of industries such as agriculture and tourism that have the potential to grow but are not given support

Finance Minister Enoch Gondongwana also speaks of developing industrial policies to help South Africa create employment PAY ATTENTION: Click “See First” under the “Following” tab to see Briefly News on your News Feed!JOHANNESBURG – South African economist and founder of economic consulting and advisory company Naha Investments, Dr Thabi Leoka, says in order […]

4th stimulus check update – $500 stimulus check being sent NOW as California continues to deposit $600 cash

4th stimulus check update – $500 stimulus check being sent NOW as California continues to deposit $600 cash

AMERICAN families with adult children aged between 18 and 24 years old can qualify for a $500 one-time stimulus check.

Parents with 18-year-old dependents who are being cared for can qualify for a maximum of $500 each toward the child tax credit they’d receive.

Dependents aged between 19 and 24 years old must be attending college full-time to also qualify for $500.The payment will come when families file taxes for 2021 at the start of next year, according to CNET .It comes as Californians earning less than $75,000 can expect to receive a $600 check in the coming weeks.About two million […]

The basic income we want

“Basic income” is an umbrella policy with a range of possibilities for design and implementation (you can read more about that here ). While BICYN recognizes that design decisions will ultimately be made by those in government, we advocate for a basic income that aligns with our core principles and values.

BICYN welcomes and encourages meaningful conversations about design considerations and our principles. Our discussions allow us as a network to refine our understanding of basic income advocacy, implementation, and research on an ongoing basis – we’ll keep this webpage updated as our principles evolve. We continue to develop our […]

eToro commits $1M to GoodDollar universal basic income project

eToro commits $1M to GoodDollar universal basic income project

Cryptocurrency investment platform eToro has committed $1 million to the GoodDollar universal basic income protocol, supporting the nonprofit’s effort to bridge the global wealth gap through DeFi and smart contract technology.

The additional capital will aid GoodDollar in expanding its protocol and introducing more recipients to cryptocurrency, eToro announced Wednesday. The GoodDollar system works by capturing the interest generated by staking donors’ contributions in leading DeFi protocols such as Aave and Compound. That interest is then distributed to a global community via GoodDollar tokens.

GoodDollar token, which is marked under the ticker symbol $G, is described as a reserve-backed cryptocurrency that […]