financialsupport

The Swiss National Bank Should Distribute Profits Directly to Citizens, Study Says

2 months ago

According to recent data, the Swiss National Bank (SNB) should start distributing its profits directly to citizens, as proposed by a new study. This suggestion aims to help reduce social inequality and support the economic stability of the country. The research argues that this step could improve the standard of living in Switzerland, particularly for those living on the edge of poverty.

China Weighs Mortgage Rate Cuts: Steps to Shield Banking System

3 months ago

Chinese authorities are considering reducing mortgage rates in two phases to alleviate the financial burden on borrowers while simultaneously protecting banks from potential losses. This decision comes in response to ongoing economic pressures and instability in the real estate market, undermining consumer and investor confidence.

The Need for Financial Support for the World's Poorest Nations Amid Climate Change

3 months ago

According to the latest report, the world's poorest nations require approximately $500 billion annually to combat the effects of climate change. This figure highlights the critical need for significant financial investments to support countries that are most vulnerable to climate change, despite their minimal contribution to global greenhouse gas emissions.

Singapore Provides Residents and Businesses with Cost of Living Aid

3 months ago

Singapore has announced a new initiative to support its citizens and local businesses amidst rising living costs. The support will be provided to both individual residents and companies affected by high housing prices, food costs, and other essential goods. As part of the program, the government will allocate significant funds to help mitigate the effects of inflation and improve the financial situation of the population.