Category Archives: Development Sector

Interview Series: Q&A with Dominika Minarovic and Elsie Rutterford, Founders of Clean Beauty Co

THANKS; Pia Ostermann

Published;August 17th, 2017

Euromonitor International is pleased to present an interview with Dominika Minarovic and Elsie Rutterford, Founders of Clean Beauty Co.

Clean Beauty Co started with a shared love for health and wellness. It began with a natural beauty blog, workshops, and a beauty recipe book, which quickly transformed into the launch of beauty products under the brand BYBI, which stands for ‘By Beauty Insiders’, in March 2017.

What made you decide to start Clean Beauty Co?

We saw there was a disconnect between people scrutinising labels and being picky about what they eat, but not applying the same rules to their use of cosmetics. This disconnect made us question the labels of our favourite products, and what we found propelled us to become more educated consumers. We documented this journey across our blog and social media, and Clean Beauty Co was born.

We started sharing beauty product recipes on the Clean Beauty Co platform, which quickly developed into a series of DIY workshops. These workshops started in 2016, and gave us a few hours with our audience to understand their concerns, what they’re thinking about the market, while they are walking away with knowledge and beauty products. We also published our book “Clean Beauty” in January 2017. From then we started seeing revenue coming in even without launching any products. Next came our product range, and we launched Babe Balm and Prime Time in March and May 2017, and we have plans to extend the range this year.

Transparency and integrity are the fundamental pillars of the Clean Beauty Co, which is split across the content and BYBI Beauty, the product arm of the business.

When you talk about the Clean Beauty Company, what does ‘Clean’ mean?

Clean beauty is for us, about stripping away the fluff and pointless fillers found in mainstream beauty products, and formulating with purpose. Every ingredient used has holistic as well as functional benefits, and we find that this philosophy is best aligned with natural formulation, so we don’t include synthetic ingredients in our products.

How important is the online channel to communicate with the consumer?

Online for us is a huge platform to be able to communicate with customers and get them to try our products. People feel much more comfortable buying beauty products online these days. And while there is the element of wanting to touch and smell the product, it is easier, particularly when it is a repeat purchase, to sell online. And this takes us back to our community and how we started, by being content driven. Because when someone learns with us online, and sees that we are not just trying to sell the product but share recipes, content, events and a book with them, they connect with the brand emotionally. I think across the board consumers are moving away from mass production. People are thriving for that connection with the brand, whether it’s researching them or communicating with them, but even knowing that they are produced locally, they have good ethics behind the brand.

Do you think that the demonisation of “unnatural” ingredients could be of detriment to the beauty industry?

Fundamentally, the shift that we’re seeing in the beauty industry as a whole is the demand for transparency. Brands are responding to this by not necessarily re-formulating and making their products more natural, it’s about them being more open about how they produce things. And I think that this demand will mean that brands will have to shift the way that they market and produce their products. But I don’t necessarily think that would turn people off buying beauty products.

Do you think the clean beauty recipe book could encourage cannibalisation of sales of your products?

It probably seems like it doesn’t make a lot of sense commercially that we give away recipes and then try to sell products. We think what worked in our favour, which are two things: firstly, not everyone is going to make their own beauty products; they don’t have time or can’t be bothered. Secondly, what separates us are the two brands with the two offerings which is for one, the book, workshops and Clean Beauty contents that is about very simple recipes that we share and people can make themselves, such as face masks and body scrubs. While the other is the brand product side of it, where we offer products which are not as easy to make, which for us is about driving innovation, by saying natural doesn’t have to be five ingredients or less, natural can be as scientific as mainstream beauty. It can be really unique ingredients and can be about high performance skin care, and feels luxurious.

Have you come across any difficulty in, for instance, legislation?

The issue around legislation is that there isn’t any when it comes to the terms of natural, organic, clean, and green. So it leaves the door wide open for us and what we call ‘green washing’; often bigger brands take advantage of packaging something as natural or organic, when actually it is not and nobody can actually call them out on it. The issue we have is that at the moment there isn’t really in the UK a certification for ‘natural’, but that is about to change. There is an organic certificate from the Soil Association, which is very well respected and has a very rigorous progress.

What are your plans for the future?

We’re focused on skincare, but if anything we will move into colour but that would be hybrid as we would never launch a mascara, for example, rather a tinted version of Babe Balm, or something similar.

That bespoke element is a very nice part of making your own beauty products. The way that we are incorporating this into the BYBI brand is around customising through different products. For example, you may mix the Babe Balm with our Detox Dust, which is going to make a moisturising mask for dryer skin types. As far as the brand’s next few months, we will launch a booster set, little droppers that you can drop into your existing skin care, which will be based on the customer’s skin type, environment, and night and day use.

India celebrates 71st Independence Day – peacefully

Thanks;Asia NEWS network

published:16 Aug 2017 13:42

                        NEW DELHI (The Statesman/ANN News Desk) – Millions poured out of their homes to take part in Independence Day related events across the country. 

India on Tuesday celebrated its 71st Independence Day peacefully, with Prime Minister Narendra Modi declaring that “goli” (bullet) and “gaali” (abuse) cannot resolve the Kashmir problem.

Millions poured out of their homes to take part in events big and small across the country. A shutdown called by separatists affected life in the Kashmir Valley and in some parts of the northeast.

The highlight of the day was Modi’s fourth speech from the 17th century Red Fort where he unfurled the national flag and vowed to build a “New India” minus corruption and terrorism by 2022.

“Security of the country is our priority. Internal security is our priority. Whether it is our oceans or borders, cyber world or space, for all kinds of security India is capable of defeating all such inimical forces,” Modi said amid a dragging border row with China.

He said “bullets” and “abuses” cannot solve Jammu and Kashmir’s problem but love can, urging people to embrace Kashmiris and asking the militants to take to the mainstream.

Beyond India, the day was also celebrated by Indians living abroad. Even the Indian cricket team got into the act at its hotel in Colombo.

Amid clear weather, thousands thronged the Red Fort to listen to Modi. Similar scenes were seen in almost all major venue across the country.

From tricolour marks on cheeks to flag designs printed on T-shirts, from tricolour caps to suits, the Indian flag could be seen everywhere.

Despite persistent tensions, border guards of India and Pakistan exchanged sweets along the International Border in Punjab.

RSS chief Mohan Bhagwat’s unfurling the Indian tricolour at a government-aided school in Kerala’s capital Thiruvananthapuram even after being told by authorities that political personalities are not allowed to do so triggered a row.

Days after over 60 children died in a Gorakhpur hospital, Uttar Pradesh Chief Minister Yogi Adityanath termed the tragedy an “eye-opener” and sought to blame it on encephalitis.

In neighbouring Bihar, Chief Minister Nitish Kumar pledged to provide good governance and not to compromise with corruption.

In Srinagar, Jammu and Kashmir Chief Minister Mehbooba Mufti asked the young to give up guns and stones and also vowed to fight for the state’s special Constitutional status.

Goa Chief Minister Manohar Parrikar ordered a crackdown on rave parties and late-night music events in remote areas of his state.

West Bengal Chief Minister Mamata Banerjee unfurled the tricolour and oversaw a colourful parade at the arterial Indira Gandhi Sarani.

In Bhubaneswar, Odisha Chief Minister Naveen Patnaik suddenly felt unwell while addressing the gathering. Aides later said he was fine.

Independence Day celebrations were also reported from Hyderabad, Shimla, Thiruvananthapuram, Dehradun, Chandigarh, Gurugram, Gurdaspur, Aizwal and other state capitals and major cities.Tulips.jpg

Clooneys to help 3,000 Syrian refugees go to school in Lebanon

Thanks;Riham Alkousaa

Published;AUGUST 1, 2017 / 5:37 AM / 2 DAYS AGO


Cast member George Clooney and his wife Amal leave the Festival Palace after the screening of the film “Money Monster” out of competition at the 69th Cannes Film Festival in Cannes, France, May 12, 2016.

Regis Duvignau

UNITED NATIONS (Reuters) – George and Amal Clooney said on Monday they would help 3,000 Syrian refugee children go to school this year in Lebanon, where the United Nations says 200,000 children are not receiving an education after fleeing the war in neighboring Syria.
The Clooney Foundation for Justice said it has teamed up with Google (GOOGL.O) and HP Inc (HPQ.N) to help the U.N. children’s agency UNICEF and the Lebanese Ministry of Education open seven so-called “second shift” schools for Syrian refugee children.
Lebanon has more than 1 million Syrian refugees, including nearly 500,000 children. It is educating Syrian children in public schools through a “second shift” system of additional afternoon classes exclusively for them.
“We don’t want to lose an entire generation because they had the bad luck of being born in the wrong place at the wrong time,” said Oscar-winning actor George Clooney and international human rights lawyer Amal Clooney, who gave birth to twins last month.
“Thousands of young Syrian refugees are at risk – the risk of never being a productive part of society,” the couple said in a statement. “Formal education can help change that.”
A $3.25 million donation from the Clooney Foundation for Justice, Google and HP will pay for transportation, school supplies, computers, content, curriculum and teacher training.
A spokesman for the Clooneys’ foundation, Max Gleischman, said the organization had decided to support education for Syrian refugees through the public school system, instead of investing in private schools operated by SABIS, an international company which has prepared students for college and high school exams.
The foundation had announced last year that it would work to enroll thousands of children in SABIS schools.
A crackdown by Syrian President Bashar al-Assad on pro-democracy protesters in 2011 led to civil war, and Islamic State militants used the chaos to seize territory in Syria and Iraq. Half of Syria’s 22 million people have been uprooted and more than 400,000 killed.
*Reporting by Riham Alkousaa; Editing by Jonathan Oatis

People in this Swedish town gather in a ‘Solar Egg’ sauna instead of having town halls

Thanks;Leanna Garfield

Published ; Jun. 21, 2017, 5:41 PM

The Solar Egg by Bigert & Bergström.Jean-Baptiste Béranger

On the western border of Kiruna, Sweden, the state-owned mining company, LKAB, has been extracting iron ore from the Kirunavaara mountains for over a decade. But the long-term mining has caused fissures that are creeping closer to the city center of Kiruna.
Now, LKAB — which also founded the Arctic town in 1900 — is funding Kiruna’s relocation nearly two miles east, so that it can continue mining in the mountains.
Moving an entire town is no easy task and requires lengthy discussions with officials, the mining company, and residents. Local architects from Bigert & Bergström have designed one place where those talks can take place: a golden, egg-shaped sauna. 
Completed in late April, the sauna is a place for locals and officials to unwind and discuss questions and concerns about Kiruna’s relocation, the firm told Business Insider.


Located in Kiruna, Sweden, the Solar Egg is a sauna that’s free for anyone to use.

Visitors can book time in the saun ~> https://instagram.com/p/BTI25TCB8px/

By Jean-Baptiste Béranger

Its exterior is made of reflective sheets of plexiglass that were painted gold.


By Jean-Baptiste Béranger

The interior walls are made of pine ….

… and the benches from aspen wood. In the center, there’s a wood-powered stove made from iron and stone. The temperature inside can range from 167 to 185 degrees Fahrenheit (75 to 85 degrees Celsius).


Jean-Baptiste Béranger

The space, which fits up to eight people, is meant to serve as a local meeting place to discuss Kiruna’s relocation plan. “The egg shape seeks to symbolize rebirth and new opportunities at the start of Kiruna’s urban transformation,” the architects said.

Jean-Baptiste Béranger

To avoid being swallowed by the mine, Kiruna will need to move nearly two miles east. The Stockholm-based firm White Architects will be in charge of moving the town, where approximately 23,000 people live. Below is a rendering of what the new city center may look like:


Producing 90% of all iron in Europe, Kiruna’s mine has become the world’s largest iron ore extraction site. LKAB is also the biggest energy consumer in Sweden.
 
“It’s a dystopian choice,” Krister Lindstedt, a partner at White Architects, told The Guardian. “Either the mine must stop digging, creating mass unemployment, or the city has to move – or else face certain destruction. It’s an existential predicament.”Jean-Baptiste Béranger/Source: The Guardian

Later this summer, the Solar Egg will move to Nikkaluokta, a Swedish town about 45 miles west of Kiruna.

Paris agreement or not, solar employment looking brighter than coal

Thanks;Andrea Riquier

Published: June 2, 2017 1:20 p.m. ET

Nearly 400,000 people are employed in solar, more than double the number of coal workers

Republican presidential nominee Donald Trump holds a sign supporting coal during a rally at Mohegan Sun Arena in Wilkes-Barre, Pennsylvania on October 10, 2016.

As he introduced President Donald Trump in the Rose Garden yesterday, Vice-President Mike Pence said the president’s decision to withdraw from the Paris climate accord was his way of putting “forgotten men and women” first.

And if anyone had any doubt who those “forgotten” souls were, the president himself departed from his prepared remarks to riff, “I happen to love the coal miners”But observers of the energy industry say it’s not that coal miners are forgotten. Instead, a perfect storm of workforce automation, a glut of natural gas, and consumer preferences has combined to make them obsolete.

“There are huge tectonic trends that are almost all mitigating against any near-term recovery of coal,” said Mark Muro, director of policy at the Metropolitan Policy Program at the Brookings Institution. “It simply is not needed given the onset of extremely cheap and clean natural gas and the onset of renewables.”
On Friday, National Economic Council Director Gary Cohn was asked about the administration’s emphasis on employment in a shrinking industry. Cohn told CNBC, “At some point in the cycle, coal will be competitive again. We want to keep coal available, we want to be in the coal business.”

But observers of the energy industry say it’s not that coal miners are forgotten. Instead, a perfect storm of workforce automation, a glut of natural gas, and consumer preferences has combined to make them obsolete.

“There are huge tectonic trends that are almost all mitigating against any near-term recovery of coal,” said Mark Muro, director of policy at the Metropolitan Policy Program at the Brookings Institution. “It simply is not needed given the onset of extremely cheap and clean natural gas and the onset of renewables.”
On Friday, National Economic Council Director Gary Cohn was asked about the administration’s emphasis on employment in a shrinking industry. Cohn told CNBC, “At some point in the cycle, coal will be competitive again. We want to keep coal available, we want to be in the coal business.”  

But modern technology – particularly in the large-scale open-pit mining centers of the west, far from the Rust Belt – means that “even if demand for coal returned, the jobs wouldn’t. It’s pretty devastating,” Muro told MarketWatch.

It’s very challenging to break out how many people are employed in any part of the energy industry, in part because there are so many different components to each. There are jobs created in the initial energy generation process, and then there are support categories: manufacturers and installers of rooftop solar panels, for example. The Labor Department classifies many of those installation jobs within the construction industry, for example.
The Labor Department reported Friday that 51,000 people were employed in coal mining in May. But BLS doesn’t break out employment in other forms of energy production in any way for comparison.
In January, the outgoing Obama administration Energy Department released a report on energy and employment that showed that over 370,000 people were employed in the solar industry, compared to 86,000 in the coal industry. Over 101,000 people work in the wind power generation industry.
It’s worth noting that solar is so labor-intensive now in part because it’s just gaining a foothold. About 37% of solar electric generation jobs are construction and installation, the Energy Department’s report noted. So it’s likely that over time, solar won’t be as much of a job creator as it is now.
In 2011, Brookings released a substantial research report on what it termed the “clean economy,” which delved more deeply into job categorizations, among other things. The researchers noted that green energy efforts are beneficial in many ways, including by being manufacturing and export intensive. In 2009, the authors wrote, 5.3% of all U.S. goods exports were from “clean economy establishments.”
The clean economy also “offers more opportunities and better pay for low- and middle- skilled workers than the national economy as a whole,” the report noted.
In May, the International Renewable Energy Agency said the number of people working in the renewables sector internationally could more than double in the next 13 years, “more than offsetting fossil-fuel job losses and becoming a major economic driver around the world.”

Russia has reawakened 3 mystery satellites — and no one knows what they are for

Thanks;Daniel Brown

Published;May 20, 2017, 6:29 AM 1,583

An illustration of the SES-10 telecommunications satellite.

Three Russian satellites that were sent into low orbit in 2013 are on the move again, and no one knows what they are for, The Daily Beast reports.

Having been idle for more than a year, one of the satellites went hundreds of meters off its orbit last month to within 1,200 meters of a piece of a Chinese weather satellite that China smashed in a 2007 anti-satellite rocket test.

The maneuver, which is pretty impressive for such a small spacecraft, is also rather close by orbital standards.

No one quite knows what the satellites are for, but some experts say they could be “technology-demonstrators” or even “precursors to orbital weapons,” according to The Daily Beast.

Code named Kosmos-2491, Kosmos-2499 and Kosmos-2504, the three satellites maneuvered several times in the last three years to within a few dozen feet of their old booster shells.

This means that they could be inspection satellites that can scan and match the orbit of other spacecraft, possibly even interact with it physically for repairs, modifications or to dismantle it.

It’s also possible that these satellites could be used for warfare. “You can probably equip them with lasers, maybe put some explosives on them,” Anatoly Zak, an independent expert on Russian spacecraft, told The Beast in 2015. “If [one] comes very close to some military satellite, it probably can do some harm.”

In 2012, US intelligence completed a report analyzing “the growing vulnerability of US satellites that provide secure military communications, warn about enemy missile launches, and provide precise targeting coordinates,” anonymous sources told Reuters.

The report raised many concerns about China’s ability to disrupt satellites in higher orbits, possibly putting sensitive U.S. spacecraft at risk, the sources told Reuters.

But Russian space agency chief Oleg Ostapenko claimed in 2014 that the satellites were for peaceful purposes.

China sparks human rights outcry by ramping up DNA testing in Muslim-dominated region

Thanks;Matthew Brown 

Published ; Wednesday 17 May 2017 07:34 
Police in Xinjiang purchase $8.7m of equipment to analyse genetic material from citizens, prompting fears of state security crackdown

Ethnic Uighurs sit near a statue of China’s late Chairman Mao Zedong in Kashgar, Xinjiang Thomas Peter/Reuters 

China appears to be laying the groundwork for the mass collection of DNA samples from residents of a restive, largely Muslim region that’s been under a security crackdown, rights observers and independent experts said Tuesday.

Police in western China’s Xinjiang region confirmed to The Associated Press that they are in the process of purchasing at least $8.7 million in equipment to analyse DNA samples.
Observers from Human Rights Watch said they’ve seen evidence of almost $3 million in additional purchases related to DNA testing. They warned such a collection programme could be used as a way for authorities to beef up their political control.
The move comes after Chinese authorities last year reportedly required Xinjiang residents to submit DNA samples, fingerprints and voice records to obtain passports or travel abroad.

Xinjiang borders several unstable Central Asian countries, including Afghanistan. It’s experienced numerous bombings and vehicle and knife attacks blamed on ethnic separatists from the native Uighur Islamic minority.

In one of the most recent attacks, eight people, including three assailants, were killed in a February knife attack in southern Xinjiang’s Pishan County, which borders Pakistan.

Chinese authorities seeking to counter religious extremism among the Uighurs have taken increasingly aggressive steps to quell the unrest. Those have included mandatory satellite tracking systems for vehicles in some areas, rewards for terror-related tips and prohibitions against women wearing veils and men growing beards.

The purchases of DNA testing equipment in Xinjiang were confirmed by an official at the regional Public Security Bureau. The official, who gave only her surname, Huang, said a supplier already had been found. In Xinjiang’s Sheche County, suppliers were being sought for voiceprint collection systems and 3-D portrait systems, according to a security official surnamed Yin, who declined to give further details.
If used at full capacity, the new equipment could be used to profile up to 10,000 DNA samples a day and several million a year, said Yves Moreau, a computational biologist specialising in genome analysis and DNA privacy at the University of Leuven in Belgium.
The scale of the purchases raises “a legitimate concern that Chinese authorities could be planning to DNA profile a large fraction, or even all” of the Uighur people in Xinjiang, Moreau said.

How to make money while you sleep

Thanks;Nancy Mann Jackson

Published: May 10, 2017 4:58 a.m. ET

Create passive income streams

Whether you’re trying to pay off debt, top off your emergency fund or invest more, a little extra monthly income can get you there faster.

But there are only so many hours in a day — and maybe adding another side hustle to your busy schedule just isn’t possible. Wouldn’t it be great if you could somehow earn more without working additional hours or hitting up your boss for another raise? That’s what happens when you create passive income streams.

Whether you’re trying to pay off debt, top off your emergency fund or invest more, a little extra monthly income can get you there faster.

But there are only so many hours in a day — and maybe adding another side hustle to your busy schedule just isn’t possible. Wouldn’t it be great if you could somehow earn more without working additional hours or hitting up your boss for another raise? That’s what happens when you create passive income streams.
“Passive income’s great because it increases your cash flow and allows you to save [more],” says financial adviser Craig J. Ferrantino, president of Craig James Financial Services, LLC in N.Y. “The initial effort in some cases is minimal, and you have the ability to collect money on those efforts over a period of time.”

Of course, investing in the stock market can provide earnings over time through market returns and the magic of compounding. But there are also ways to create steady streams of passive income that pay out at regular intervals.

These efforts don’t come without risk. But with careful planning and consideration, you can lower the risks — and initial costs — and increase the potential benefits.

Here are six paths to passive income that may be worth pursuing.

1. High-dividend stocks

When you purchase stock in a company that pays dividends to its shareholders, you’ll start earning a percentage of the company’s profits automatically. For example, if a company pays an annualized dividend of 50 cents per share and you own 500 shares, you’ll get an extra $250 in your pocket — for doing nothing more than being a shareholder. (Most companies pay dividends on a quarterly basis, so you’d earn about 13 cents per share each quarter.)

Certain industries, like public utilities, financial services and oil, tend to pay higher dividends than others, so do your homework with resources like Yahoo! YHOO, +1.31% Finance’s stocks screener or by talking to an adviser.

“If you’re going after dividend income, the sweet spot is not the company that’s currently paying the highest yield, but the companies that are likely to generate growth in dividends in the coming months and years,” says Rob Brown, a Certified Financial Analyst and chief investment officer at United Capital. “Pay attention to what companies and industries are thriving now; they are most likely to raise the dividends they’re paying now in the future.”

You may also choose to reinvest your dividends, which allows you to buy more shares even without spending more money, so you can benefit more when the price rises.

One caveat: Remember that there are risks involved with investing in individual stocks—even ones with high-dividend yield—as the price of the stock can go up or down. You can lower your risk by investing in an index or other low-cost funds, which contains shares of many companies. One option is to look for dividend-paying ETFs, or exchange-traded funds, which are funds that trade like stocks. (Investing apps like Acorns and Betterment use such ETFs and reinvest dividends automatically.)  

2. Bonds

Purchasing bonds can be another good way to earn consistent passive income, though the amount you’ll receive depends on the fluctuating bond market. “Bondholders [usually] receive a check every six months for the interest earned in loaning the entity money, and, in turn, get their principal back at maturity,” Ferrantino explains.

There’s a wide variety of bonds to choose from, including U.S. Treasury bonds, municipal bonds and corporate bonds. Each has its own maturity date, minimum investment, interest rate and payout. For instance, Treasury notes mature in two to 10 years and pay interest semiannually at a fixed rate (currently about 1% to 2%, depending on term lengths, and it is exempt from state and local taxes), while corporate bonds pay taxable interest and can have maturities ranging from a few weeks to 100 years.

Before purchasing bonds, make sure you know what you’re getting into — and what you will get out of it.

Read: How to buy bonds

3. Rental properties

Acquiring and maintaining rental property can require a lot more investment and sweat equity than other types of passive income, both upfront and over the years (if the roof leaks or the boiler breaks down in a rental property, you’re on the hook for it). But rental properties can also provide lucrative, ongoing income for many years to come.

“Rental properties in a market you understand can be a fantastic passive investment,” says Jeffrey Zucker, a seasoned angel investor and property management entrepreneur in Chicago. “I look for large or fast-growing housing markets, where people are clamoring for affordable, nice places.”

Before purchasing a property, Zucker recommends comprehensive due diligence to ensure that you can cover your costs — which likely include insurance, taxes and maintenance — and turn a profit on top of that. You want to invest in a property that will draw continued interest from renters and increase in value.

He also recommends using an experienced property manager. “There are some great property management companies out there that can assist to make leasing out rental properties truly passive mailbox money,” Zucker says. “Having managed our own properties for a few years prior to partnering with a company, we learned the long hours and effort that go into maintaining properties and dealing with tenants — and how much better those who focus solely on this role are at the job.”

4. Rewards credit cards

This might seem like an odd addition — and this is not a strategy to pursue unless you are able to pay off your bill in full each month. However, if you can use credit responsibly and avoid racking up debt, rewards credit cards can provide easy income, thanks to perks like cash-back bonuses. For instance, use a cash-back card for all your household expenses — and pay it off at the end of the month — and you’ll earn money simply by making necessary purchases. (Ferrantino recommends a card like the PenFed Platinum Cash Rewards Visa, which gives you 5% cash back on gas purchases and another 3% for groceries and has a low annual fee. NerdWallet also has a ranking of the best cash-back cards, including several with no annual fee.)

“My rewards have paid for a variety of travel experiences, and I have friends that use their points to pay exclusively for a certain [budget] category, like gas or household bills. It’s nice for them to cross an expense off simply by doing all of their planned spending on the right card,” Zucker says. “Be careful though, as many of the best rewards cards have high interest rates for any carry-over debt.”

5. Peer-to-peer lending

Also known as “marketplace lending,” peer-to-peer lending is the practice of individuals lending money to others in place of a bank or other financial institution. In recent years, platforms like Prosper and Lending Club have made these crowdfunded loans more widely available to borrowers and opened the possibilities for investors.

“New, technology-driven intermediaries have been coming in and replacing banks to make small loans to businesses or individuals, and they offer many comparative advantages,” Brown says.

Remember, though, that while investing through a peer-to-peer marketplace can pay off—Prosper investors, for example, can earn about 5% to 9% annually—there are still risks involved and borrowers may default on their debts. One way to protect yourself, Brown says, is by requiring that borrowers’ credit quality is above a certain level, depending on your appetite for risk. You can also reduce risk by diversifying your investment across many different loans.

6. Renting unused space
The sharing economy is in full force, and if you have extra space in your home or spend a lot of time out of town, you can join in and earn some extra cash. Thousands of people are renting out their homes through Airbnb, and sites like Liquid Space and Breather offer opportunities to place your office or home up for rent during daytime hours. (Airbnb hosts renting a single room in a two-bedroom home cover, on average, a whopping 81% of their rent, according to one report.)

“Any unused space is an asset worth renting out if there is demand in your market,” Zucker says. “[Online marketplaces] offer consumers easy ways to make some extra money on rooms that would otherwise be doing nothing for them.”

Brexit is killing the pound but it’s having a really productive side-effect on Britain’s economy

Thanks;Lianna 


Brexit is having a seriously positive impact on employment.

LONDON – The pound has cratered against the US dollar ever since Britain voted to leave the European Union on June 23 last year.

But while that has a negative effect on Brits’ purchasing power, it is actually having a seriously positive impact on another sector in Britain’s economy – employment.

That is according to Sam Bowman, the executive director of one of the world’s prominent think tanks, the Adam Smith Institute, who spoke at a local Conservative party conference in East Croydon, which Business Insider attended on Saturday.
He was talking about how Brexit is expected to affect the UK economy over the short and long term and looked at both positive and negative impacts from Britain planning to leave the European Union.
“Probably many people in this room are like me – frustrated by the tone of the Brexit debate, even eight or nine months after the referendum,” said Bowman.

“It feels like the referendum debate has never ended. On one side we have around 10% some extremely die-hard leavers, who refuse to accept there could be any difficulty on leaving the European Union. And then there is 10% extremely die-hard remainers who refuse to admit there would be any benefits from leaving the European Union.
“In the middle, I think, is the rest of us – 80% who accept the result and want to make Brexit work but also want to acknowledge that it is not necessarily going to be an easy ride.”
He also talked about how Brexit has already had an impact on the UK economy. But it is not all bad. Bowman said he is a “short term pessimist but a long term optimist about Brexit.”
Here is an excerpt from his speech:

“I think employment is likely to be quite strong. It is unlikely that [Brexit] will cause any large scale unemployment. even in a very, very pessimistic outcome – the reason for that being the pound has absorbed most of the costs, meaning that we effectively have real term wage cuts and our purchasing power falls but people become more employable as a result. So there are good and bad [aspects] to the fall in the pound.”
The pound against the US dollar tanked in the immediate aftermath of the EU referendum vote. While it has recently gained a little bit of ground to reach $1.28, it is still a far cry from the $1.50 last seen in June last year:

Markets Insider

UK flag glasses

Brexit is having a seriously positive impact on employment.Reuters

LONDON – The pound has cratered against the US dollar ever since Britain voted to leave the European Union on June 23 last year.

But while that has a negative effect on Brits’ purchasing power, it is actually having a seriously positive impact on another sector in Britain’s economy – employment.
That is according to Sam Bowman, the executive director of one of the world’s prominent think tanks, the Adam Smith Institute, who spoke at a local Conservative party conference in East Croydon, which Business Insider attended on Saturday.
He was talking about how Brexit is expected to affect the UK economy over the short and long term and looked at both positive and negative impacts from Britain planning to leave the European Union.
“Probably many people in this room are like me – frustrated by the tone of the Brexit debate, even eight or nine months after the referendum,” said Bowman.
“It feels like the referendum debate has never ended. On one side we have around 10% some extremely die-hard leavers, who refuse to accept there could be any difficulty on leaving the European Union. And then there is 10% extremely die-hard remainers who refuse to admit there would be any benefits from leaving the European Union.
“In the middle, I think, is the rest of us – 80% who accept the result and want to make Brexit work but also want to acknowledge that it is not necessarily going to be an easy ride.”

He also talked about how Brexit has already had an impact on the UK economy. But it is not all bad. Bowman said he is a “short term pessimist but a long term optimist about Brexit.”

Here is an excerpt from his speech:

“I think employment is likely to be quite strong. It is unlikely that [Brexit] will cause any large scale unemployment. even in a very, very pessimistic outcome – the reason for that being the pound has absorbed most of the costs, meaning that we effectively have real term wage cuts and our purchasing power falls but people become more employable as a result. So there are good and bad [aspects] to the fall in the pound.”

The pound against the US dollar tanked in the immediate aftermath of the EU referendum vote. While it has recently gained a little bit of ground to reach $1.28, it is still a far cry from the $1.50 last seen in June last year:

sterlingUSD1

Markets Insider

Since the Brexit vote, various economists and financial institutions predicted that the UK’s unemployment rate will shoot up as a result of the vote to leave. Credit Suisse, for example, predicts an increase to 6.5% for the base rate, equivalent to roughly 500,000 jobs being lost. However, the last few months have seen the rate remain near its record low and Wednesday’s figures show the trend appears to be holding up.

Unemployment in the UK fell once again in March, according to the latest data released by the Office for National Statistics on Wednesday.

Headline unemployment fell was 4.7% in the month while employment remained unchanged at 74.6% in the month, equalling a record high set in both January and February, but not seen before that since records began in 1971.

However, wage growth is still poor.

CHILD REFUGEES ‘FORCED TO SELL THEIR BODIES’ TO ENTER EUROPE, RESEARCHERS WARN

THANKS:BY  

Published; 4/19/17 AT 7:29 AM

Smugglers are forcing unaccompanied child refugees to sell their bodies in exchange for money to aid their traveling through Europe, a new report from Harvard University has claimed.

There is a “growing epidemic of sexual exploitation and abuse of migrant children in Greece,” say the report’s co-authors, Dr Vasileia Digidiki and Professor Jacqueline Bhabha, at Harvard University’s center for health and human rights.

Informants in Greek migrant camps told Digidiki and Bhabha that men prey on unsuspecting child refugees, sexually abusing those without proper adult supervision. The actual number of children who have been abused is unknown as many do not report it, fearing reprisal.

A psychologist in one of the camps told the researchers: “[Many children] do not want to report [the incident], because they are afraid that the offender will take revenge on them. They also do not believe that the police can help them.”

Unable to afford exorbitant fees charged by smugglers to help them reach European nations where they can seek asylum, children who have fled conflict in Syria, Afghanistan and Pakistan are selling sex to fund their journeys.

child-refugees-lesbos (2)

Child refugees at the Moria migrant camp on the island of Lesbos, Greece, September 20, 2016.REUTERS/GIORGOS MOUTAFIS

The report includes an interview with a child refugee who told a journalist: “I never thought I’d have to do something like this. When the money ran out I had to learn to do this. He said “it was the first time I did this, I had no experience.”

The average price of a sexual transaction between a child and a smuggler is 15 euros, the researchers say, adding that the majority of those forced into prostitution are Syrian, Iraqi and Afghan boys.

Offenders, primarily men aged 35 or older, target the children who are found in Athens’ Victoria Square and Pedion tou Areos, a park next to departure areas for buses traveling towards Greece’s northern border.

“There is a reason why these two places have been chosen. They have been key centers for the drug and sex trade for years now. The only difference is the age of people involved. Before you wouldn’t see children. Now you do,” one informant said.

Digidiki told The Guardian that the international community cannot ignore the situation of child refugees in Europe: “We can no longer sit idle while migrant children are abused and forced to sell their bodies in broad daylight and plain sight in the heart of Athens simply to survive.”

“It is our responsibility as human beings to face this emergency head on and take immediate action at every level to put an end to this most heinous violation of dignity and human rights,” she said.