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33d06/01war-conflict · 1/5

The state has no money, but is throwing it out the window elsewhere

Hello, yesterday in the tagesschau: There will probably be no increase in student loans. The reason: Parental allowance and care allowance are being reduced, so you cannot increase student loans. In addition, it has already been decided that for many millions of people, spouses will no longer be insured free of charge in their health insurance. And this despite the fact that the health insurance rates and the BBG were significantly increased twice in a row. Then there is something like the CO2 tax, which applies to everything that uses fossil fuels

Socialunclassifiedgermany · europe · uk
33d06/01

There are 35k in the savings account - park more sensibly but still remain flexible?

I have around €35,000 in a savings account that produces practically nothing. I'm barely familiar with stocks/ETFs and am looking for a simple, low-risk way to park the money more sensibly without completely losing flexibility. I probably won't need it in the short term, but I'd like to be able to get it in an emergency. What would you recommend: overnight money, money market ETF, division into emergency funds + remainder, or something else? submitted by /u/TheIndernet [link] [comments]

Socialunclassifiedgermany
33d06/01

Explaining who pressured FTSE Russell into changing their rules for the SpaceX IPO

SpaceX is going public soon. The company is valued at around 1.75 trillion. However, the insiders are keeping about 95 percent of the shares. They are only selling a very small amount to the public. Usually, big index funds like Vanguard and the S and P 500 have strict rules. They wait until a company proves it makes a profit. They also make sure there are enough shares available to buy. This stops the fund from driving the price up too much when they buy. Now, the people who make these rules ar

Socialunclassifiedusa · uk
33d06/01

Transport sector calls for smoother border checks, wider mainland driving scheme

Hong Kong’s transport sector has called for faster cross-border immigration clearance and an expansion of a popular scheme allowing local vehicles to enter Guangdong province to include other mainland Chinese cities. The call was made on Monday after the Northbound Travel for Hong Kong Vehicles scheme, which took effect in 2023, was extended by five years to June 1, 2031. The scheme allows eligible private car owners in Hong Kong to drive into Guangdong via the Hong Kong-Zhuhai-Macau Bridge...

unclassifiedchina · asia · usa
33d06/01

Philippines, Vietnam close ranks on South China Sea as To Lam visits

The leaders of Vietnam and the Philippines upheld the importance of keeping the freedom of navigation in the South China Sea amid tensions in the strategic waterway where Beijing lays expansive claim. “As fellow claimant states, we reaffirm that maintaining peace, stability and the freedom of navigation and overflight in the South China Sea remains non-negotiable,” Philippine President Ferdinand Marcos Jnr said. He spoke at a joint briefing with visiting Vietnamese leader To Lam after their...

unclassifiedchina · asia
33d06/01

Hong Kong government’s venture fund eyes bigger bankroll after double-digit return

The government’s investment arm achieved a double-digit internal rate of return last year, greater than many newly established venture capital funds, according to its CEO. “Many overseas funds have a J-curve performance, as they tend to suffer an initial loss before a gain,” said Clara Chan Ka-chai, CEO of Hong Kong Investment Corporation (HKIC). “But we have already bypassed the J-curve, as we have earned HK$2.3 billion [US$293 million] in 2024, while we have achieved a double-digit rate of...

unclassifiedchina · asia
33d06/01war-conflict · 3/5

Impact of Middle East war on Hong Kong’s inflation limited, finance chief says

Hong Kong’s finance chief has said the Middle East war has played only a limited role in driving up local inflation, noting the city’s service-based economy and stable energy supplies from mainland China have mitigated the effects of external shocks. Briefing the Legislative Council on Monday, Financial Secretary Paul Chan Mo-po said the surge in global fuel prices was expected to affect fuel-related consumer prices, pushing inflation higher. “Rising international oil prices will continue to...

unclassifiedchina · asia · usa
33d06/01war-conflict · 2/5

China honour guards undergo rigorous training – precise marching, standing still for 3 hours

The Chinese soldier who went viral for remaining completely still as the US presidential aircraft, Air Force One, taxied nearby during a recent visit to China by Donald Trump, has spoken about the rigours of his job. Liu Zhencheng, 23, who serves in the Beijing Armed Police Corps, was on duty when the US delegation touched down in Beijing. The armed police follow the rules of the People’s Liberation Army (PLA), receive the same treatment as the PLA and obey the leadership of the Central Military

unclassifiedchina · asia · usa
33d06/01

Goldman Sachs Sees Oil Demand Destruction Offsetting Supply Shock Risks

Demand destruction resulting from higher prices will somewhat soften the blow from physically tighter oil markets, Goldman Sachs commodity analysts said in a note. “We see significant upside price risks from potentially more persistent Mideast supply losses but also meaningful price downside from weaker demand,” the team said, as quoted by Bloomberg. “Actual end-use oil demand may have fallen more in response to higher prices than expected.” The investment bank’s analysts estimate that the exten

unclassifiedmiddle-east · russia · usa
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