Coronavirus furlough scheme to be gradually withdrawn, Sunak says

The UK chancellor, Rishi Sunak, has announced that the furlough scheme put in place during lockdown will start to change from August, when employers will be asked to resume paying their staff’s national insurance and employer pension contributions. They will then have to pay 10% of wages in September and 20% in October UK coronavirus … Read more Coronavirus furlough scheme to be gradually withdrawn, Sunak says

CPPIB Pleased With Fiscal-Year Performance, CEO Machin Says

May.26 — Mark Machin, chief executive officer of the Canada Pension Plan Investment Board, discusses the fund’s fiscal year-end results, the impact of the coronavirus pandemic on its portfolio holdings, and the outlook for commercial real estate. He speaks with Bloomberg’s Erik Schatzker on “Bloomberg Markets: European Close.”

Why Pension Manager IMCO Is Investing $250M in Apollo Credit Fund

May.20 — Christian Hensley, senior manager of public equities and credit at Investment Management Corp. of Ontario, discusses the Canadian pension fund’s investment into a Apollo Global Management Inc. dislocation fund. He speaks with Bloomberg’s Amanda Lang and Shery Ahn on “Bloomberg Markets.”

Keiser Report | Turning junk into $$ | E1541

Check Keiser Report website for more: https://www.keiserreport.com/ In this episode of Keiser Report, Max and Stacy discuss the similarities between Charles Saatchi and the US Federal Reserve, where junk is turned into ‘value’ through showmanship and public deception. Stacy also creates some ‘valuable’ hair art. In the second half, Max continues his interview with Raoul … Read more Keiser Report | Turning junk into $$ | E1541

Government to reopen housing market, as house moves and viewings resume

The UK government has announced that from Wednesday anyone in England can move house if they follow the new guidance. When the lockdown was announced in March, more than 450,000 people’s home-moving plans were put on hold. But from today, estate agents can reopen, show homes can reopen and removal companies are able to restart. … Read more Government to reopen housing market, as house moves and viewings resume

Boris Johnson under fire as Keir Starmer raises care home lockdown deaths in PMQs

Boris Johnson is facing a building storm over care home guidance after today’s clash with his Labour counterpart. Sir Keir Starmer asked why Government advice at the start of the outbreak had said it was “very unlikely that people receiving care in care homes will become infected”. But the Prime Minister said this “wasn’t true”. … Read more Boris Johnson under fire as Keir Starmer raises care home lockdown deaths in PMQs

Keiser Report | Anatomy of a Fiat Currency Collapse | E1533

Check Keiser Report website for more: http://www.maxkeiser.com/ In this episode of Keiser Report, Max and Stacy look at the ghoul of financialization, Larry Summers who is being brought in as an economic adviser to Joe Biden. They take a look at Summers’ role in ending Glass Steagall and introducing the Commodities Futures Modernization Act which … Read more Keiser Report | Anatomy of a Fiat Currency Collapse | E1533

Cuomo Dares McConnell to Let States Seek Bankruptcy

New York Governor Andrew Cuomo dared U.S. Senate Majority Leader Mitch McConnell to pass a bill allowing states to seek bankruptcy, saying it would signal to the stock market and other countries that the economy is flailing. “You want to send a signal to the markets that this nation is in real trouble? You want … Read more Cuomo Dares McConnell to Let States Seek Bankruptcy

Gov. Cuomo Slams Sen. McConnell’s Comments on States Declaring Bankruptcy Amid Coronavirus

A day after Senate Majority Leader Mitch McConnell said he favors allowing states struggling with high public-employee pension costs to declare bankruptcy rather than giving them a federal bailout, New York Governor Andrew Cuomo called the comment “one of the really dumb ideas of all time.” If you allow states to go bankrupt, “you will … Read more Gov. Cuomo Slams Sen. McConnell’s Comments on States Declaring Bankruptcy Amid Coronavirus

Keiser Report | Hoot-n-Holler with Jon Najarian | E1525

Check Keiser Report website for more: http://www.maxkeiser.com/ In this episode of the Keiser Report, Max and Stacy look at the supply chain of risk on which risk gets dumped into pension funds and unsuspecting Main Streeters who pay with inflation and taxes for the bad bets taken by Wall Street. They discuss the role of … Read more Keiser Report | Hoot-n-Holler with Jon Najarian | E1525

CalSTRS Expects Market ‘Potholes,’ Sticking With Funding Plan: CIO Ailman

Mar.31 — Christopher Ailman, chief investment officer of the California State Teachers’ Retirement System (CalSTRS), discusses the impact of the coronavirus pandemic on the pension fund’s strategy with Bloomberg’s Erik Schatzker on “Bloomberg Markets: The Close.”

Congo protests against unpaid pensions as gov’t debt balloons

Former telecoms and postal workers in the Republic of Congo say the government is unable to pay them what they are owed. Money they paid into their pension funds each month has disappeared. The country has nearly gone bankrupt three times in the past 20 years and has been repeatedly bailed out by the International … Read more Congo protests against unpaid pensions as gov’t debt balloons

France Pension reform: is article 49-3 of the French constitution an ‘assault on democracy’?

Professor of Public Law Denis BARANGER was our guest as French government is to force through pension changes, bypassing parliament. Subscribe to France 24 now: http://f24.my/youtubeEN FRANCE 24 live news stream: all the latest news 24/7 http://f24.my/YTliveEN Visit our website: http://www.france24.com Subscribe to our YouTube channel: http://f24.my/youtubeEN Like us on Facebook: https://www.facebook.com/FRANCE24.English Follow us on … Read more France Pension reform: is article 49-3 of the French constitution an ‘assault on democracy’?

Coronavirus `Rather Sadly’ May Benefit Legal & General, CEO Says

Speaking to Bloomberg, Nigel Wilson, the Chief Executive Officer of Legal & General Group Plc, told how coronavirus may, ‘rather sadly,’ be of benefit to the business. Mar.04 — Legal & General Group Plc Chief Executive Officer Nigel Wilson discusses the coronavirus and how it affects the insurer. He also discusses monetary and fiscal measures … Read more Coronavirus `Rather Sadly’ May Benefit Legal & General, CEO Says

UK universities strike: More than a million students miss class

More than a million students are missing class in the UK as university lecturers go on strike. Staff at dozens of the country’s top academic institutions are angry about their pay, working conditions and rising pension costs. Britain’s universities have some of the highest tuition fees in the world. Al Jazeera’s Neave Barker reports from … Read more UK universities strike: More than a million students miss class