Payments Imbalance

Blaenau Gwent advisers vote against £ 2,400 pay rise

“Now is the wrong time” to increase councilors’ salaries, said a senior member of the Blaenau Gwent County City Council. At the County Borough Council plenary meeting on Thursday 25 November, councilors opposed a proposal by the Independent Remuneration Panel for Wales (IRPW) that the annual base salary be increased …

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Why Bitcoin is the best weapon society has against inflation and wealth inequality

A new dawn? getty For bitcoin enthusiasts, one of the most compelling aspects of cryptocurrency is its ability to bypass fiat money systems that dilute the value of cash holdings through inflation. It’s not as complicated as it sounds. Put simply, central banks grease the wheels of their economies by …

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Secret Chinese committee draws up list to replace US tech, Telecom News, ET Telecom

China is ramping up plans to replace U.S. and foreign technology, quietly empowering a secret government-backed organization to monitor and approve local vendors in sensitive areas, from the cloud to semiconductors, people familiar with the matter said. Formed in 2016 to advise the government, the Working Committee on Innovation in …

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New laws on payments for abused children

Survivors of institutional child abuse in New South Wales will now be able to reverse unfair settlement payments after new “critical” laws are passed by state parliament. The reforms allow courts to overturn historic unfair settlements for serious sexual and physical abuse. “We are righting the wrongs of the past …

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Forestry and agriculture

Sir, – Alan Matthew (Opinion, November 1) made several important points about farmers needing the right incentives to reduce emissions. Incentives, whether market-based or through government policy, guide industries and sectors, and this is particularly the case with agriculture. In 2019, payments to farmers totaled over € 2 billion, including …

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