BOE sees long road to economic recovery

The Bank of England’s current policy, which subsidizes wages for furloughed workers, runs until October. Insights via @CME Group: https://openmarkets.cmegroup.com/quicktake?utm_source=youtube&utm_medium=paid_social&utm_campaign=quicktake_evergreen&utm_content=more_insights Subscribe to our YouTube channel: https://bit.ly/2TwO8Gm QUICKTAKE ON SOCIAL: Follow QuickTake on Twitter: twitter.com/quicktake Like QuickTake on Facebook: facebook.com/quicktake Follow QuickTake on Instagram: instagram.com/quicktake Subscribe to our newsletter: https://bit.ly/2FJ0oQZ Email us at quicktakenews@gmail.com QuickTake by … Read more BOE sees long road to economic recovery

The Next CoD could be $70+

Protect your online privacy today at http://expressvpn.com/inside. Go to http://purple.com/inside and use promo code inside to get $150 off any Purple mattress order of $1,500 or more! An Activision Blizzard earnings call earlier this week turned our heads when the company’s president, Robert Kostich, didn’t give a straight answer in regards to a question about … Read more The Next CoD could be $70+

South Africa’s Denel ordered to pay staff wages

State defense firm Denel was ordered on Tuesday (August 4) by South Africa’s Labour Court to pay workers outstanding salaries for May, June and July by no later than Friday (August 7). The case against Denel was brought by two trade unions, Solidarity and UASA, on behalf of their members, after the weapons manufacturer failed … Read more South Africa’s Denel ordered to pay staff wages

Tehran housing cost skyrockets as people struggle to afford rent

The Iranian capital, Tehran, is becoming one of the most unaffordable cities in the world to live in. High inflation, stagnant wages and rising house prices are pushing many into poverty. Many are blaming US sanctions and government policies. Al Jazeera’s Assed Baig reports from Tehran. – Subscribe to our channel: http://aje.io/AJSubscribe – Follow us … Read more Tehran housing cost skyrockets as people struggle to afford rent

Senate Republicans to unveil economic relief package today

Under the plan, laid-off workers will get up to 70% of their former wages. ABC’s Karina Mitchell reports. SUBSCRIBE to ABC NEWS: https://bit.ly/2vZb6yP Watch More on http://abcnews.go.com/ LIKE ABC News on FACEBOOK https://www.facebook.com/abcnews FOLLOW ABC News on TWITTER: https://twitter.com/abc #ABCNews #Stimulus #Unemployment #Economy #Pandemic #COVID-19 #Coronavirus

Australia Extends JobKeeper and JobSeeker Programs, Unleashes $14 Billion Jobs Support

Australia’s government will pump a further A$20 billion ($14 billion) into supporting the jobs market as a surge in coronavirus infections threatens to prolong the nation’s first recession in almost three decades. The government’s signature wage JobKeeper subsidy program, which is currently supporting about 3.5 million workers, will be extended by six months until the … Read more Australia Extends JobKeeper and JobSeeker Programs, Unleashes $14 Billion Jobs Support

Sunak’s Plan to Kickstart U.K. Jobs

Jul.08 — The U.K. Chancellor of the Exchequer is set to unveil a two billion-pound recovery program in today’s Summer Statement. It will pay the wages of more than 200,000 young workers as Rishi Sunak tries to pull the U.K. economy out of the deepest economic slump in centuries. Bloomberg’s Dani Burger reports on “Bloomberg … Read more Sunak’s Plan to Kickstart U.K. Jobs

Exclusive: 4,500 whistleblower complaints as bosses force furloughed staff to work | ITV News

There have been almost 4,500 whistleblower complaints to Her Majesty’s Revenue and Customs (HMRC) as businesses force furloughed staff to work, ITV News can reveal. HMRC have informed ITV News of how unscrupulous employers are scamming taxpayers into working while also claiming cash from the government’s Job Retention Scheme (JRS), also known as the furlough … Read more Exclusive: 4,500 whistleblower complaints as bosses force furloughed staff to work | ITV News

LIVE: French health workers protest in Paris for better wages, public hospital investment

French health workers protest in Paris for better wages and public hospital investment in wake of COVID-19 crisis. Subscribe: http://smarturl.it/reuterssubscribe Reuters brings you the latest business, finance and breaking news video from around the globe. Our reputation for accuracy and impartiality is unparalleled. Get the latest news on: http://reuters.com/ Follow Reuters on Facebook: https://www.facebook.com/Reuters Follow … Read more LIVE: French health workers protest in Paris for better wages, public hospital investment

COVID-19 and the World of Work – UN chief Policy Brief (19 June 2020)

António Guterres (UN Secretary-General) on Policy Brief: COVID-19 and the World of Work The COVID-19 pandemic has turned the world of work upside down. Every worker, every business and every corner of the globe has been affected. Hundreds of millions of jobs have been lost. Those toiling in the informal economy — often without rights … Read more COVID-19 and the World of Work – UN chief Policy Brief (19 June 2020)

Syria: Economic Crisis Hitting Every Part – Security Council Briefing (16 June 2020)

Virtual briefing by Geir Pedersen, Special Envoy of the Secretary-General for Syria, on the political situation in Syria, during the Security Council Open VTC (16 June 2020). UN Special Envoy for Syria Geir Pedersen said, “economic crisis is hitting every part of Syria, regardless of territorial control” as the national currency depreciated more than in … Read more Syria: Economic Crisis Hitting Every Part – Security Council Briefing (16 June 2020)

Turkey’s seasonal workers face lower wages and extra competition

Farm labourers in Turkey are facing extra competition and lower wages because of the coronavirus pandemic. Hundreds of thousands of them rely on farm work during the summer to get them through winter. But many other kinds of workers who have lost their jobs are also looking for a means to survive. Al Jazeera’s Sinem … Read more Turkey’s seasonal workers face lower wages and extra competition

Workers from Pacific Islands paying hundreds for cramped quarters in regional Australia | ABC News

The Pacific Labour Scheme offers workers from island nations a chance to earn a decent living in Australia, but some participants say high accommodation costs and other deductions during the pandemic shutdown is drastically affecting that. The company which employs the workers has announced an investigation into employee conditions. Read more here: https://www.abc.net.au/news/2020-06-11/pacific-island-scheme-wages-deducted-high-rent-inverell/12336278 For more … Read more Workers from Pacific Islands paying hundreds for cramped quarters in regional Australia | ABC News

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

BREAKING: Chancellor reveals when furlough scheme will end

Chancellor Rishi Sunak announces a series of changes to the furlough scheme. Mr Sunak outlines changes to the job retention scheme, which has so far covered the wages of 8.4 million staff unable to work during lockdown – costing £15bn. SUBSCRIBE to our YouTube channel for more videos: http://www.youtube.com/skynews Follow us on Twitter: https://twitter.com/skynews Like … Read more BREAKING: Chancellor reveals when furlough scheme will end