Millions in Chile tap into pension funds amid pandemic

Long queues are forming outside banks in Chile as millions of customers withdraw billions of dollars. They are dipping into their pension funds to help them get through the tough times of the pandemic. Al Jazeera’s Lucia Newman reports from the capital, Santiago. – Subscribe to our channel: http://aje.io/AJSubscribe – Follow us on Twitter: https://twitter.com/AJEnglish … Read more Millions in Chile tap into pension funds amid pandemic

Chile Senate approves pension reform bill

In the face of opposition and pressure from the government, Chile’s Senate has approved a bill which means citizens who have been hit hard by the COVID-19 pandemic can withdraw cash from their pension funds The historic vote will affect Chile’s highly unpopular private pension system, one of the main targets of last year’s mass … Read more Chile Senate approves pension reform bill

French President Macron details response to health, economic crisis in Bastille Day interview

French President Emmanuel Macron said he wants masks to be required in all indoor public places starting on August 1 and acknowledged his controversial pension reform needs “reworking” as he laid out his goals for the future in a televised interview on Tuesday following a scaled-back Bastille Day ceremony. Subscribe to France 24 now: http://f24.my/youtubeEN … Read more French President Macron details response to health, economic crisis in Bastille Day interview

Macron lays out Covid-19 crisis response in Bastille Day interview

French President Emmanuel Macron said he wants masks to be required in all indoor public places starting on August 1 and acknowledged his controversial pension reform needs “reworking” as he laid out his goals for the future in a televised interview on Tuesday following a scaled-back Bastille Day ceremony. Subscribe to France 24 now: http://f24.my/youtubeEN FRANCE 24 live news … Read more Macron lays out Covid-19 crisis response in Bastille Day interview

Should Over-75s Have to Pay the Licence Fee & Possibly our New Favourite Guest! | GMB

The BBC has announced it will end free TV licences for most over-75s, after a two-month delay because of the coronavirus pandemic. More than three million households will be asked to start paying the £157.50 fee from 1 August, with only those that receive Pension Credit benefit exempt. Subscribe now for more! http://bit.ly/1NbomQa Broadcast on … Read more Should Over-75s Have to Pay the Licence Fee & Possibly our New Favourite Guest! | GMB

DCM Capital Sees Opportunities in U.S., China IT Markets

Jul.07 — David Chao, co-founder and general partner of DCM Ventures, which has the backing of SoftBank Group Corp. and Japanese e-commerce giant Rakuten Inc., talks about the opportunities he sees in U.S. and Asia. DCM attracted $880 million from U.S. endowments and pension plans along with European investors for a new global fund with a China focus. … Read more DCM Capital Sees Opportunities in U.S., China IT Markets

France: economy and health top new PM’s agenda

France’s new prime minister Jean Castex outlined his priority issues over the weekend, with the economic recovery and health at the top of his agenda. On pension reform, the prime minister has indicated he will seek a short-term solution. Meanwhile, an environmental plan is also in the works. Subscribe to France 24 now: http://f24.my/youtubeEN FRANCE … Read more France: economy and health top new PM’s agenda

Malaysia’s Biggest Pension Fund Looks Overseas for More Gains

Jun.30 — Malaysia’s largest pension fund is investing more overseas as it seeks to beat the 4% to 5% return it has been achieving. The Employees Provident Fund, which has about $216 billion in assets, has been expanding its global portfolio to maintain high dividends for Malaysian workers in the face of limited opportunities onshore, … Read more Malaysia’s Biggest Pension Fund Looks Overseas for More Gains

Alberta Deserves ‘World-Class Investment Manager’ for Pensions: Ex-CPPIB CEO

Jun.26 — Mark Wiseman, the former global head of active equities at BlackRock Inc. and former chief executive officer of the Canada Pension Plan Investment Board, discusses his views on how Canada’s government needs to pivot in its approach to aid during the pandemic. And as incoming AIMCo chair, he also offers his take on … Read more Alberta Deserves ‘World-Class Investment Manager’ for Pensions: Ex-CPPIB CEO

Keiser Report | Shut up and print! | E1556

In this episode of the Keiser Report, Max and Stacy discuss the congressional testimony of US Federal Reserve chairman, Jerome Powell, who is warning about the risk to the recovery he has printed. They look at the explosion of Zombie companies on the US stock exchange and the largest pension fund leveraging up to meet … Read more Keiser Report | Shut up and print! | E1556

Pension Fund Sues Musk for Taking Massive Pay Package

Jun.18 — Tesla Inc. directors, including Elon Musk, awarded themselves massive compensation packages over a three-year period that improperly siphoned hundreds of millions of dollars out of the electric-car maker’s coffers, a pension fund invested in the company alleges. Dana Hull reports on “Bloomberg Technology.”

Nationwide anger as Iraq announces pension cuts

Iraq is facing its worst economic crisis since 2003, worsened by the global drop in oil prices and the coronavirus pandemic. Mustafa al-Kadhimi’s government led by has proposed austerity measures, including capping the amount and number of state salaries and pensions people can receive. Many people rely on pensions and reparations from the government. Al … Read more Nationwide anger as Iraq announces pension cuts

Black cop fired after intervening on chokehold: I lost everything

Officials in Buffalo, New York, want an investigation into the firing of a black police officer who intervened when a white colleague had a suspect in a chokehold. The incident happened in November 2006. At the time, Officer Cariol Horne had served 19 of the 20 years needed to receive her pension, a spokesperson for … Read more Black cop fired after intervening on chokehold: I lost everything

Accused Golddigger On The Death Of His 81-Year-Old Husband | This Morning

Former vicar Philip Clements shocked his family by marrying toyboy Florin Marin in 2017, a man 54 years his junior. After the 81-year-old died last month, his family have now accused Florin of being a gold digger as Phillip’s house, £2k a month pension and £150k life insurance was left to him. Florin says he … Read more Accused Golddigger On The Death Of His 81-Year-Old Husband | This Morning

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