Financial guarantee – Salon Du Chocolat Cannes http://salonduchocolat-cannes.com/ Sun, 19 Sep 2021 01:29:52 +0000 en-US hourly 1 https://wordpress.org/?v=5.8 https://salonduchocolat-cannes.com/wp-content/uploads/2021/07/icon-7-1.png Financial guarantee – Salon Du Chocolat Cannes http://salonduchocolat-cannes.com/ 32 32 Financial Literacy Offers Life-Changing Benefits https://salonduchocolat-cannes.com/financial-literacy-offers-life-changing-benefits/ https://salonduchocolat-cannes.com/financial-literacy-offers-life-changing-benefits/#respond Sat, 18 Sep 2021 23:04:53 +0000 https://salonduchocolat-cannes.com/financial-literacy-offers-life-changing-benefits/ As a banking center manager, I understand the importance of knowing your financial health. In our modern world, finances are part of everyone’s life. With advancements in technology, it can be difficult to navigate through the services available or know where to start! People without a bank account or credit history are often disqualified for […]]]>

As a banking center manager, I understand the importance of knowing your financial health. In our modern world, finances are part of everyone’s life. With advancements in technology, it can be difficult to navigate through the services available or know where to start! People without a bank account or credit history are often disqualified for auto and mortgage loans and may be denied employment in certain industries. It is more common for a person to have borrowed money and mismanaged their finances resulting in bad credit.

I was guilty of the latter scenario. While my parents were teaching me, you work for your desires and the “extra things”. I was not taught to budget for needs and save for the future. I had to learn this the hard way. In college I was offered a credit card and it came with some fun loot and an unreasonable credit limit. Of course, I maximized this card pretty quickly. I didn’t want to tell my parents what I was doing and tried to make payments from my checking account (together with my parents who provided the needs fund) and quickly started putting it in in the open, so they soon found out I was overwhelmed. I found myself looking for a job and had to work to pay for this card while completing my final year of college.


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Women taking on caregiving tasks need better financial and emotional support: PM Lee, Singapore News & Top Stories https://salonduchocolat-cannes.com/women-taking-on-caregiving-tasks-need-better-financial-and-emotional-support-pm-lee-singapore-news-top-stories/ https://salonduchocolat-cannes.com/women-taking-on-caregiving-tasks-need-better-financial-and-emotional-support-pm-lee-singapore-news-top-stories/#respond Sat, 18 Sep 2021 13:29:57 +0000 https://salonduchocolat-cannes.com/women-taking-on-caregiving-tasks-need-better-financial-and-emotional-support-pm-lee-singapore-news-top-stories/ SINGAPORE – Women often have additional caregiving responsibilities, whether it is caring for children or elderly parents. So more needs to be done to support them financially and emotionally, Prime Minister Lee Hsien Loong said on Saturday (September 18th) during the closing virtual session of the Singapore Women’s Development Conversations. Such additional responsibility for care […]]]>

SINGAPORE – Women often have additional caregiving responsibilities, whether it is caring for children or elderly parents.

So more needs to be done to support them financially and emotionally, Prime Minister Lee Hsien Loong said on Saturday (September 18th) during the closing virtual session of the Singapore Women’s Development Conversations.

Such additional responsibility for care is one of the obstacles in women’s work and careers, as caregivers have to make many significant sacrifices, he said.

Minister of State for Education and Social and Family Development Sun Xueling said on Saturday that a survey conducted as part of the initiative found that women in dual-income households were five times more more likely than men to handle household chores and family responsibilities.

Women were also nearly four times more likely to have quit their jobs to care for them than men, she added.

Noting that being a caregiver is both hard work and “heart” work, Premier Lee said, “Their careers are affected. The cost of care can be substantial.

“Caregivers have more difficulty building their own retirement savings. This can make caregivers, especially full-time caregivers, very vulnerable.

Many in the conversations strongly felt it was unfair to caregivers, he added, agreeing that caregivers, whether female or male, deserved more support.

One direct avenue is to provide more financial assistance, Premier Lee said.

To this end, the Ministry of Health (MOH) is exploring how it can improve the Home Care Subsidy Program, in order to provide more assistance to targeted groups.

Prime Minister Lee said, “No amount of money will fully compensate for the sacrifices that caregiving requires, but we know that many caregivers would appreciate more help.”

Another important issue was the well-being of the caregivers themselves, as many said that they often did not have free time and did not know where and how to seek help.

Many found themselves exhausted and exhausted.

PM Lee said the Department of Health is exploring how it can expand respite care options to meet the varied needs of caregivers.

In a Facebook post on Saturday, Parliamentary Secretary for Communications and Information and Health Rahayu Mahzam, who is one of the three co-leaders on the review, said the initiatives would go a long way in delivering better support for the elderly, their caregivers and their families.

She said: “The conversations made it clear that women who reach their full potential will improve all of our lives at home, in schools, in the workplace and in the community.

“But to achieve this, we will need an effort from the whole of society of men and women to change our mindsets and overcome societal stereotypes about gender roles.”

Ms Fannie Lim, executive director of the Daughters of Tomorrow charity, hoped that women who have stopped working to be home caregivers can receive automatic top-ups to their Central Provident Fund accounts.

She said: “I was a stay-at-home mom for six years.

“Of course, when you stop working there are some benefits that are not available to you. So if we can have some kind of recognition for the caregivers, in very practical terms like grants or even some form of income supplement, that would be good.


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Tahoe Magic Seeks Donations To Help Residents With One-Time Financial Aid After Caldor Fire Evacuations | South Lake Tahoe https://salonduchocolat-cannes.com/tahoe-magic-seeks-donations-to-help-residents-with-one-time-financial-aid-after-caldor-fire-evacuations-south-lake-tahoe/ https://salonduchocolat-cannes.com/tahoe-magic-seeks-donations-to-help-residents-with-one-time-financial-aid-after-caldor-fire-evacuations-south-lake-tahoe/#respond Fri, 17 Sep 2021 22:04:12 +0000 https://salonduchocolat-cannes.com/tahoe-magic-seeks-donations-to-help-residents-with-one-time-financial-aid-after-caldor-fire-evacuations-south-lake-tahoe/ SOUTH LAKE TAHOE, Calif .– Tahoe Magic has been helping families with one-time financial crisis help for over 27 years. When the pandemic hit the community of South Lake Tahoe, Tahoe Magic, a trusted and respected nonprofit, responded to help our neighbors. Thanks to community donations and support from foundations and businesses, they have been […]]]>

SOUTH LAKE TAHOE, Calif .– Tahoe Magic has been helping families with one-time financial crisis help for over 27 years. When the pandemic hit the community of South Lake Tahoe, Tahoe Magic, a trusted and respected nonprofit, responded to help our neighbors. Thanks to community donations and support from foundations and businesses, they have been able to help those affected with over $ 430,000 in shelter and essential assistance since March 2020. What an incredible community to live in!

Now, the Caldor fire has disproportionately affected many people under the same circumstances as our pandemic. It also created extreme financial stress for families who had never needed help before. These neighbors work in our tourism industry, are caregivers, restaurant workers, and perhaps our friends and neighbors. It could be that they were low wages, that their working hours were reduced or cut again and that they were evacuated without support or income. They may have lost their jobs during this time.

Tahoe Magic has helped these families with one-time help at the Caldor Fire shelter to avoid homelessness. They work in partnership with referral agencies to identify families in need of help. Tahoe Magic does not give funds directly to families. Please consider donating to Tahoe Magic, Box 13070, South Lake Tahoe, CA 96151, or Tahoemagic.org leave a donation. 100 percent of all donations go directly to helping our neighbors.

We are truly Tahoe Strong when we strongly support those who need us.


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Snowflake skeptics have reservations about data warehouse attempt to break into financial services • The Register https://salonduchocolat-cannes.com/snowflake-skeptics-have-reservations-about-data-warehouse-attempt-to-break-into-financial-services-the-register/ https://salonduchocolat-cannes.com/snowflake-skeptics-have-reservations-about-data-warehouse-attempt-to-break-into-financial-services-the-register/#respond Fri, 17 Sep 2021 14:38:00 +0000 https://salonduchocolat-cannes.com/snowflake-skeptics-have-reservations-about-data-warehouse-attempt-to-break-into-financial-services-the-register/ Cloud-based data warehouse darling Snowflake has launched its latest business in financial services, while Teradata, a mainstay of data warehousing for banks and insurers, is trying to broaden its appeal with machine learning implementations. Although the world has been focused on the stratospheric rise of Snowflake – its value rose from $ 1.5 billion in […]]]>

Cloud-based data warehouse darling Snowflake has launched its latest business in financial services, while Teradata, a mainstay of data warehousing for banks and insurers, is trying to broaden its appeal with machine learning implementations.

Although the world has been focused on the stratospheric rise of Snowflake – its value rose from $ 1.5 billion in 2018 to $ 120 billion shortly after its IPO last year – it might struggle to break into lucrative financial services markets, according to insiders and industry experts.

The so-called cloud-native data warehouse company launched what it calls the Financial Services Data Cloud this week, along with the claim that 57% of Fortune 500 companies in the industry are on its platform. It is described as an industry-friendly platform that brings together Snowflake technology with “partner-delivered solutions” and “industry-critical data sets”.

The idea is for financial services companies to use it to launch new customer-centric products, the process being made easier by the fact that all the data is already on the platform, according to the company.

Snowflake says companies will be able to use built-in security and governance capabilities to collaborate on data projects. Features include private connectivity for multiple public clouds, enhanced encryption with bring your own key (BYOK), built-in classification and anonymization of sensitive data, and integration with third-party token providers in accordance with SOX standards.

The platform provides the ability to securely share data across multiple public clouds with support for sharing from multi-tenant environments. A data catalog should arrive via Alation. Meanwhile, there are plenty of features being offered through partners, including Aladdin Data Cloud from investment management firm BlackRock – a Snowflake-based system designed to help investment managers make more use of data – SI Cognizant, the Dataiku and Deloitte data integration platform.

Matt Glickman, Snowflake veep, said the company’s platform is becoming the “destination of choice for traditional and alternative datasets” in financial services, while third-party technology equipment is also helping customers build new services with the system.

He also claimed that by working with service companies, financial services clients were “putting more and more of their key production workloads into a snowflake.”

This might come as a surprise to some suspicious observers. An insider with years of experience working with data warehousing systems in financial services said banks and insurers have struggled to see the reasons to move their trusted on-premises systems to the cloud because safety, performance and cost remained issues.

While Teradata has built a reputation in financial services, where it counts HSBC and Lloyds among its clients, Snowflake is new to supporting core workloads in this market.

The insider said that Snowflake can handle eight concurrent users per cluster, which means that as the system adds more users, the costs go up.

In Teradata, “Although the current system is known finite capacity in terms of throughput, compute and storage, it is a guaranteed known cost. It is the unpredictability of the costs that is a big shock to people. [using Snowflake] because not only can they not explain this month’s bill, but they have no idea what next month’s bill will be, “he said.

In addition, technical teams in the financial services industry were skeptical about the novelty of Snowflake, which is based on a relational database. “There is no more leeway to advance the state of the art,” the insider said.

While Snowflake helped with the integration and arguably the data sharing, that didn’t solve a real problem. “What is the technology catalyst in this announcement, what is the new IP that is involved? ” He asked.

An analyst from a global technology research firm, who asked not to be named, agreed that Snowflake is struggling to break into major corporate data warehouse systems in financial services.

While they can perform tactical analysis and data processing in Snowflake, banks and insurers rely on the functionality Teradata has built around its on-premises data warehouse appliances for 40 years.

“Teradata has integrated machine learning [for performance] and the integration of several types of data: things that Snowflake has not yet designed. If you have a large bank that depends on these features, migrating to Snowflake in the cloud is quite difficult, and from a cost-benefit perspective, it would be hard to argue now that Teradata has a cloud system as well. . I don’t think they will deal a fatal blow to Teradata anytime soon, ”he said.

Meanwhile, Teradata announced new features to deploy machine learning models for platforms like the Databricks data lake spinner directly into its own.

Scott Toborg, Director of Product Management at Teradata, said The register that, for example, a logistic regression model that a data scientist had built in Apache Spark could be exported to the Predictive Model Mark-Up Language (PMML) interchange format, with coefficients, biases, and any other parameters used for describe this model.

“Then we import this file into Teradata, extract the data, and then create the Java code needed to rerun this model,” he said. The industry analyst said the combination of Databricks (Spark) to create machine learning models and Teradata to deploy them to enterprise data could be sophisticated.

Despite the investor spotlight on Snowflake over the past two years, insiders say there is still a long way to go to convince major enterprise data warehouse users to migrate their core systems, although ‘It supports peripheral and tactical workloads.

Legacy vendors like Teradata have their own cloud history. For example, Unilever has migrated its on-premises Teradata system to Azure in the past 18 months, according to a customer testimonial.

All the while, Teradata continues to add functionality, which means the battle in enterprise data warehousing is far from over. ®


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Simplicity Credit Union provides financial literacy resources to local students and the community https://salonduchocolat-cannes.com/simplicity-credit-union-provides-financial-literacy-resources-to-local-students-and-the-community/ https://salonduchocolat-cannes.com/simplicity-credit-union-provides-financial-literacy-resources-to-local-students-and-the-community/#respond Thu, 16 Sep 2021 19:50:59 +0000 https://salonduchocolat-cannes.com/simplicity-credit-union-provides-financial-literacy-resources-to-local-students-and-the-community/ For the times of the city STEVENS POINT – Simplicity Credit Union provides financial literacy training to over 14,300 students and residents of Wisconsin. Students from 91 schools and the surrounding community have free access to Banzai, an award-winning online program and content library that allows users to practice real-world finance from the security of […]]]>

For the times of the city
STEVENS POINT – Simplicity Credit Union provides financial literacy training to over 14,300 students and residents of Wisconsin.

Students from 91 schools and the surrounding community have free access to Banzai, an award-winning online program and content library that allows users to practice real-world finance from the security of their home or classroom. class using any device connected to the Internet. In an age when a solid foundation of practical financial knowledge is essential, these resources will have a huge impact on users.

“Banzai has been a very impactful program for our students,” says Jessica Zarnke of Loyal High School. “I am eternally grateful for the generous and continued support of Simplicity Credit Union! “

Through Banzai’s online courses, students try to manage a budget, save for a goal, and face unexpected financial pitfalls.

Teachers can easily monitor and score student progress remotely. Other resources, which include articles, calculators, and customizable Coach sessions, explain everything from the basics of tax filing to how health insurance works. These resources are available at simplicity.teachbanzai.com / wellness.

“Thanks to Simplicity Credit Union, students in the region will now have access to a wide range of courses and resources designed to help them prepare for our increasingly complex world,” said Morgan Vandagriff, co-founder of Banzai. “We wouldn’t be able to provide these tools without their support.

Since 2017, Simplicity Credit Union has worked with Banzai to develop financial literacy in the community by investing time, money, industry experience and a variety of resources for credit unions. Now they are taking their commitment to education a step further. With their help, students have access to Banzai learning tools, virtual or in-class presentations from a Simplicity Credit Union expert, and even branch class visits to see it all in person.

Banzai resources are used by more than 80,000 teachers in the United States. These educational tools align with the requirements of the State of Wisconsin curriculum, making the program a fun way for students to learn vital skills and a perfect way for everyone in the community to improve. their financial knowledge. After completing the Banzai courses, users will know how to know where their money is and what it is used for, recognize financial tradeoffs, and plan for a financially healthy future.

Teachers interested in using Banzai can visit economics.teachbanzai.com or call 888-8-BANZAI.

For more information on Banzai, visit learnbanzai.com

For more information on Simplicity Credit Union, visit simplicity.coop


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Windermere High School Dance Marathon Reveals Financial Goal | West Orange Times & Observer https://salonduchocolat-cannes.com/windermere-high-school-dance-marathon-reveals-financial-goal-west-orange-times-observer/ https://salonduchocolat-cannes.com/windermere-high-school-dance-marathon-reveals-financial-goal-west-orange-times-observer/#respond Wed, 15 Sep 2021 21:05:18 +0000 https://salonduchocolat-cannes.com/windermere-high-school-dance-marathon-reveals-financial-goal-west-orange-times-observer/ The Windermere High School The Dance Marathon Executive Board revealed its financial goal for the 2021-2022 school year during the school’s football game on Friday, September 10. At halftime, the board entered the field and announced a goal of raising $ 105,000 for the Miracle Children’s Network dance marathon campaign. Since the school opened in […]]]>

The Windermere High School The Dance Marathon Executive Board revealed its financial goal for the 2021-2022 school year during the school’s football game on Friday, September 10.

At halftime, the board entered the field and announced a goal of raising $ 105,000 for the Miracle Children’s Network dance marathon campaign.

Since the school opened in 2017, WHS has partnered with the program to work on a year-long campaign that challenges students to raise funds for children’s health across the country, according to Evan Brengal. , the school’s SGA instructor.

“As the year progresses, the students on this council seek not only to raise funds, but also to educate their peers and their community about the challenges faced by children at these institutions and how their dollar can really do. the difference, ”Brengal said. “This happens at their year-end Dance Marathon event where the group dances and celebrates without sitting all night as a symbolic representation of standing up for those who can’t.”

WHS students have raised over $ 300,000 for the MCN since the program began.

Maddie Hayes, Senior Executive Director of Dance Marathon, said she chose to be part of the program because of her younger brother who transferred to Arnold Palmer when he was born.

“I’ve always wanted to be a part of something bigger than myself and make an impact on an organization that helps kids,” said Hayes. “The Dance Marathon was the perfect opportunity for me to make all of these wishes come true and serve a greater cause.”

Ashley Paek, Deputy Executive Director, said her experience with Dance Marathon over the past few years has been amazing.

“Being a part of this cause opened my eyes and allowed me to be a part of something bigger than myself,” said Paek. “Thanks to Dance Marathon, I was able to see what our support brings to these families and how their lives have changed for the better.”


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Change urged to prevent “gag clauses” from silencing victims of harassment https://salonduchocolat-cannes.com/change-urged-to-prevent-gag-clauses-from-silencing-victims-of-harassment/ https://salonduchocolat-cannes.com/change-urged-to-prevent-gag-clauses-from-silencing-victims-of-harassment/#respond Mon, 13 Sep 2021 23:03:09 +0000 https://salonduchocolat-cannes.com/change-urged-to-prevent-gag-clauses-from-silencing-victims-of-harassment/ Updates on Allegations of Sexual Misconduct Sign up for myFT Daily Digest to be the first to know about the latest on sexual misconduct allegations. The UK government is urged to change the law to tackle the use of ‘gag clauses’ to silence victims of sexual harassment and other forms of discrimination in the workplace. […]]]>

Updates on Allegations of Sexual Misconduct

The UK government is urged to change the law to tackle the use of ‘gag clauses’ to silence victims of sexual harassment and other forms of discrimination in the workplace.

Maria Miller, a Conservative MP, will introduce a 10-minute bill on Tuesday that would prevent the use of nondisclosure agreements from being used to cover up illegal activity.

“When used unethically, NDAs are catastrophically damaging to innocent and immoral parties as they are used as safety nets by employers to routinely cover up harmless abuse,” she said. declared.

“The evidence also shows that it has a tremendous personal impact on victims, leaving them emotionally and psychologically exhausted, disillusioned and left with a complete loss of confidence in the legal system. ”

NDAs have long been used by companies and powerful individuals to protect corporate secrets or sensitive information. But increasingly, they have been used as a means of preventing victims and witnesses from speaking out about workplace abuse.

Successive consultations since 2017, including one government report, concluded that action should be taken to protect employees from toxic gag clauses. But so far, ministers have failed to enact new laws or update sanctions against lawyers who draft unethical agreements.

The government said: “We have held an extensive consultation on the misuse of confidentiality clauses between workers and their employers and we are committed to implementing legislation to crack down on these practices when parliamentary time permits.”

Miller will bring his all-party-supported private member’s bill to parliament for first reading. The second reading is not scheduled until March 18 of next year.

In the United States, such restrictions are routinely paired with no-denigration clauses that prevent workers from saying anything negative about their employers after they leave their jobs, creating a chilling effect on freedom to work. expression of employees.

The abuse of gag clauses – sometimes referred to as ‘silence agreements’ – was brought to public attention by the #MeToo movement when a series of powerful and wealthy people were revealed to have attempted to silence victims of alleged sexual harassment.

The former assistant to disgraced film producer Harvey Weinstein, Zelda Perkins, broke her NDA in the Financial Times in 2017 to detail allegations that he assaulted a colleague and harassed her, sparking a spate of revelations against individuals, including billionaire retailer Philip Green the following year.

Miller has been joined by other MPs, as well as lawmakers and activists in the United States and Ireland who have pushed to change national laws to prevent the use of gag clauses to cover up discrimination.

New laws have already been passed in recent years in California and New Jersey to protect victims of sexual harassment, while a bill is under consideration in Canada, Australia and Ireland.

“It has been over 20 years since I was forced to sign an unethical NDA with Miramax to silence me about the sexual assault of a colleague by Harvey Weinstein,” Perkins said.

“It has now been over four years since I broke this NDA to expose the legal problem to lawmakers, but nothing has changed and [they] continue to be misused.

“This is why we launched [a new] campaign because until. . . toxic NDAs are abolished, victims of sexual harassment, intimidation and other wrongdoing will continue to be silenced, ”she added.


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EU to review changes to debt reduction rule https://salonduchocolat-cannes.com/eu-to-review-changes-to-debt-reduction-rule/ https://salonduchocolat-cannes.com/eu-to-review-changes-to-debt-reduction-rule/#respond Sat, 11 Sep 2021 17:10:15 +0000 https://salonduchocolat-cannes.com/eu-to-review-changes-to-debt-reduction-rule/ Updates to EU fiscal rules Sign up for myFT Daily Digest to be the first to know about the latest on EU fiscal rules. The EU will consider whether its debt reduction rule needs to be revised given the increased public debt burden during the Covid crisis, a senior Brussels politician said, as the debate […]]]>

Updates to EU fiscal rules

The EU will consider whether its debt reduction rule needs to be revised given the increased public debt burden during the Covid crisis, a senior Brussels politician said, as the debate over reforming the pact stability and controversial growth of the Union begins to intensify.

Valdis Dombrovskis, executive vice-president of the European Commission, said the EU would look into concerns that the commission’s current regime was “unrealistic” given the sharp rise in debt-to-GDP ratios in many states limbs during Covid-19- induced sagging.

An upcoming commission consultation will also examine calls for more favorable treatment of certain public investments under debt and deficit rules, he said on Saturday.

Dombrovskis ‘words come as EU finance ministers prepare for a politically charged debate over whether and how to reform the Union’s fiscal framework after member states’ borrowing skyrocketed for the pandemic.

The EU suspended its usual spending rules last year in response to the crisis, giving member states more leeway to support their economies, but they are expected to be re-imposed in 2023.

On Saturday, EU finance ministers and policymakers gathered in Slovenia had preliminary discussions on what to do about the labyrinthine and unpopular pact.

The committee and member states are approaching the subject with caution given the deep and long-standing divisions between fiscally conservative states in the north and capitals in the south who want to see them reshaped.

Among the topics of discussion in Slovenia was an EU rule that requires a reduction of 1 / 20th per year in the debt ratios of member states whose debt exceeds the ceiling of 60% of EU GDP.

Many capitals recognize that the rule would impose far too brutal a fiscal tightening on some member states, given that the EU’s overall public debt burden is heading towards 94% this year, with Italy expected to hit a ratio of debt of around 160%.

Dombrovskis, who is seen as conservative on fiscal matters, said the debt rule was raised during discussions over concerns that “it may not be realistic for heavily indebted countries, especially now after the crisis. “.

He added: “So we need to work on a debt rule which, on the one hand, ensures a reduction in public debt and, on the other hand, is realistic for all member states. “

Another reform discussed on Saturday was the idea of ​​removing green investments from deficit rules, with the aim of easing barriers hampering massive public spending programs involved in the climate transition.

Paolo Gentiloni, the European Commissioner for the Economy, has repeatedly warned that the EU cannot afford to repeat the consequences of the last crisis, when public investments collapsed, given the need to increase spending on climate transition over the next decade.

A paper presented by think tank Bruegel said that meeting the EU’s climate goals would require an increase in total green investment of around 2 percentage points of GDP per year, of which public investment will need to be between 0.5 and 1% of GDP.

Bruno Le Maire, France’s Finance Minister, said on Friday that given the “huge climate challenge” the EU was facing, it was worth considering the idea of ​​exempting green investments from the calculation of the deficit in EU fiscal rules.

Dombrovskis confirmed that the idea of ​​a “golden rule” on investment would also be part of the committee’s consultation.

However, the frugal ministers are deeply skeptical of the idea, and they are starting to rally their arguments against the far-reaching reforms of the Stability and Growth Pact.

In a document circulated ahead of the meetings outside Ljubljana, eight ministers said they were ready to discuss “improvements” to the rules, but made it clear that their aim was to simplify the rules and make them better. transparent.

Gernot Blümel, the Austrian finance minister, who organized the joint document, told the Financial Times he was open to discussions on the changes, but questioned the motives of countries pushing for exemptions for green spending, fearing that they would use the proposal as “an excuse not to face rules which are necessary and reasonable.”

Dombrovskis stressed on Saturday that discussions at this stage over possible changes were still conceptual and that it was too early to say whether legislative change would be necessary. It would be essential to reach a political consensus around possible reforms, he added.

Earlier in the crisis, some policymakers argued that the Stability and Growth Pact should be rewritten before the EU re-imposes the rules, but officials meeting on Saturday said it was unrealistic to s ” expect new legislation to be in place soon given the complexity of the impending debate. .

As such, the committee may need to offer further guidance next year on how it wants to impose the unchanged rules in a way that paves the way for a gradual reduction in budget support rather than a crackdown. sudden.


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Explosion of M&A activity could help support financial sector ETFs https://salonduchocolat-cannes.com/explosion-of-ma-activity-could-help-support-financial-sector-etfs/ https://salonduchocolat-cannes.com/explosion-of-ma-activity-could-help-support-financial-sector-etfs/#respond Wed, 08 Sep 2021 19:22:23 +0000 https://salonduchocolat-cannes.com/explosion-of-ma-activity-could-help-support-financial-sector-etfs/ After the coronavirus pandemic suspended many companies for a year, companies launched an unprecedented wave of transactions, strengthening banks and exchange-traded funds linked to the financial sector. According to data from Dealogic, in the first eight months of 2021, companies announced mergers and acquisitions worth more than $ 1.8 trillion in the United States and […]]]>

After the coronavirus pandemic suspended many companies for a year, companies launched an unprecedented wave of transactions, strengthening banks and exchange-traded funds linked to the financial sector.

According to data from Dealogic, in the first eight months of 2021, companies announced mergers and acquisitions worth more than $ 1.8 trillion in the United States and more than $ 3.6 trillion in the world, the highest numbers at this point of any year since at least 1995, the the Wall Street newspaper reports.

The sudden activity of mergers and acquisitions has helped to add new fees for the banks that support the transactions. For example, Goldman Sachs Group Inc., Wall Street’s premier trading store, collected more than $ 1 billion in fees for each of the past three quarters. The bank only imposed such high fees once in the decade before the pandemic.

Going forward, observers predict that advisory revenues could continue to support banks for the rest of the year, as many of the year’s biggest deals are still on hold. Bankers also expect things to get even busier as the summer break ends and policymakers return to work. There are many factors supporting the outlook, including a positive economic outlook, high levels of corporate liquidity, thriving private equity firms, and target-hunting SPACs.

“All the ideas that had filtered through the minds of board members and CEOs but lacked catalyst have now returned to the top of the agenda,” Dan Dees, co-head of investment banking at Goldman.

As investors look to bank stocks, some may look to financial sector-linked ETFs to profit from the rebound, including the SPDR Financial Sector (NYSEArca: XLF), ETF Fidelity MSCI Financials (NYSEArca: FNCL), IShares US Financials ETF (NYSEArca: IYF), and Vanguard Financials ETF (NYSEArca: VFH). Broader financial sector ETFs include strong leanings towards reputable banks like Goldman Sachs, but this broad sector also includes other non-pure banking games in the financial sector.

For more information on the finance industry, visit our finance category.


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Pawan Kalyan’s financial aid to folk artist Bheemla Nayak https://salonduchocolat-cannes.com/pawan-kalyans-financial-aid-to-folk-artist-bheemla-nayak/ https://salonduchocolat-cannes.com/pawan-kalyans-financial-aid-to-folk-artist-bheemla-nayak/#respond Sat, 04 Sep 2021 12:30:20 +0000 https://salonduchocolat-cannes.com/pawan-kalyans-financial-aid-to-folk-artist-bheemla-nayak/ Bheemla Nayak’s debut single put folk artist Kinnera Mogulaiah in the limelight. The artist has now been honored by Pawan Kalyan. Indeed, the actor kept his promise as revealed by Kinnera Mogulaiah in an interview. Pawan Kalyan provided financial assistance to Kinnera Mogulaiah by offering Rs 2 lakh. The proceeds will be donated on behalf […]]]>

Bheemla Nayak’s debut single put folk artist Kinnera Mogulaiah in the limelight. The artist has now been honored by Pawan Kalyan. Indeed, the actor kept his promise as revealed by Kinnera Mogulaiah in an interview.

Pawan Kalyan provided financial assistance to Kinnera Mogulaiah by offering Rs 2 lakh. The proceeds will be donated on behalf of the “Pawan Kalyan Learning Center for Human Excellence” which aims to support folk artists and artisans who are on the verge of extinction.

Darshanam Mogulaiah got the name Kinnera Mogulaiah thanks to his instrument ’12 Metla Kinnera ‘. Mogulaiah in an interview had revealed that the makers of Bheemla assured him of a meeting with Pawan Kalyan and that the folk artist was also enthusiastic about the meeting.

The first single released on Pawan Kalyan’s birthday (September 2) scores record views. With over 11 million views, the song is trending on YouTube. Directed by Saagar K Chandra, Bheemla Nayak arrives on Sankranthi, 2022.Follow Mirchi9 on Google NewsThis week’s releases on OTT – Check the “Rating” filter

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