Category: Basic Income

Mr Simon Osei Mensah Mr Simon Osei Mensah, Ashanti Regional Minister, has reiterated the government’s commitment to improve the welfare of Ghanaian workers.

He said workers were the movers of the Ghanaian economy and the government would continue to work closely with organized labour to fashion out mutually beneficial strategies that would aid the agenda of improving the lives of all Ghanaians.

Mr Osei-Mensah stated this at the 2021 May Day celebration organized at the Regional Coordinating Council in Kumasi.This year’s May Day celebration was on the theme “Economic recovery in an era of COVID-19: The role of social partners”.The […]

Full Post at newsghana.com.gh

Photo by Josh Appel on Unsplash. The Welsh Liberal Democrats have announced proposals that would see the debts of the poorest people in Wales written off.

Described by the party as a “Debt Bonfire” the scheme would see the Welsh Government purchase bad debt and cancel it for the most vulnerable in society.

Under the plans a specific and limited pot of funding would be made available to eradicate debt that has already been sold on to debt collection agencies.Recent research from the Joseph Rowntree Foundation revealed Wales is disproportionately affected by debt – 8% to 6% for the UK as […]

Full Post at nation.cymru

Finland undertook what has been described as the world’s "largest complete UBI study." Getty Finland’s two-year basic income trial was controversial.

Most commentators focused on the fact that it did not increase employment levels.

But Tuomas Murajatold, who took part in the trial, told Insider that it was a liberating and empowering experience. See more stories on Insider’s business page . When Tuomas Muraja was selected for Finland’s basic income trial in 2018, he says he felt like he was "winning the lottery."The freelance journalist and writer was selected for the trial, which gave 2,000 unemployed people $600 each […]

Full Post at www.businessinsider.com

Finland’s two-year basic income trial was controversial.

Most commentators focused on the fact that it did not increase employment levels.

But Tuomas Murajatold, who took part in the trial, told Insider that it was a liberating and empowering experience. When Tuomas Muraja was selected for Finland’s basic income trial in 2018, he says he felt like he was “winning the lottery.”The freelance journalist and writer was selected for the trial, which gave 2,000 unemployed people $600 each month for two years, because he sometimes seeks unemployment benefits when he is living between grants and other income sources.The idea of […]

Full Post at dutifulnews.com

Miss Bigelow’s Babble On by the Bay In March 2006, Twitter co-founder Jack Dorsey probably never dreamed that his first tweet released into the world (“just setting up my twttr”) would — 15 years later — sell in March 2021 for $2.9 million in a red-hot art market phenomenon: nonfungible tokens.

Or, as the cool kids say: NFTs. For the rest of us, according to The Verge, NFT is a digital good that lives on the “Ethereum blockchain” — purchased with cryptocurrency. Um, hookay. That “token” is not hard copy to hang over your sofa. It’s a unique digital asset […]

Full Post at nobhillgazette.com

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The family support programme has come about as the government pursues aggressive economic reforms monitored by the International Monetary Fund, in the hope of winning relief on at least $50 billion in debt and access funding from international lenders.

KHARTOUM – For Intisar Altayib, who ekes out a living drawing henna tattoos in Khartoum, soaring prices in Sudan mean running up tabs at local stores and cutting back on evening feasts during the Muslim holy month of Ramadan.

She is one of millions struggling through an economic crisis that has deepened as Sudan tries to emerge from decades of isolation and […]

Full Post at thearabweekly.com