Amid a pandemic that has killed more than 649,000 worldwide, health experts are urging people to stay home and/or limit travel and maintain social...
Amid a pandemic that has killed more than 649,000 worldwide, health experts are urging people to stay home and/or limit travel and maintain social distancing. But for many people, doing so means jeopardizing their income.
To solve this problem, the United Nations Development Programme found that distributing a temporary basic income to 2.7 billion people living below or just above the poverty line in 132 developing countries would help curb the pandemic, according to a report released this month. The basics of universal basic income and guaranteed basic income Universal basic income, popularized by former Democratic presidential candidate Andrew Yang, is meant to provide a steady stream of income to people with no strings attached, similar to the stimulus checks Americans received as part of the $2.2 trillion CARES Act.
The organization recently received a $3 million donation from Twitter TWTR, -0.65% and Square SQ, -1.78% CEO Jack Dorsey. The experiment received initial funding from the Economic Security Project, a progressive group launched after the 2016 election that was co-founded by Facebook FB co-founder Chris Hughes and has worked with think tanks.
“ ‘The maliciousness of economic pain is being felt more widely and people are saying, “I don’t want to live in that world.”‘ ” “For over a decade GiveDirectly has been committed to delivering no-strings-attached cash to the most vulnerable — and we’re glad that the idea is gaining momentum,” said the organization’s managing director, Joe Huston. “Organizations, political leaders, and citizens worldwide are recognizing that direct cash assistance is not only effective but provides people the dignity of choice by empowering them to define their own needs.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Baseball fans in South Korea back in stands amid COVID-19Masked fans have hopped, sang and shouted cheers in baseball stadiums in South Korea as authorities began bringing back spectators to professional sports games amid the coronavirus pandemic
Weiterlesen »
Australian inflation likely fell by record in second-quarter amid virus fightAustralian inflation likely took its largest decline on record in the second quarter as the government made child care free to help families through the COVD-19 lock down and petrol prices tumbled, though much of that will reverse this quarter.
Weiterlesen »
Dollar struggles amid Sino-U.S. tensions, coronavirus woesThe dollar began the week under pressure from all corners as intensifying Sino-U.S. tensions added to worries that the coronavirus resurgence in United States could undermine the recovery in the world's biggest economy.
Weiterlesen »
Gold prices surge to record high amid coronavirus worries, U.S.-China tensionsGold prices touched record prices on Monday morning in Asia as worries over issues such as the coronavirus pandemic as well as U.S.-China trade tensions weighed on investor sentiment.
Weiterlesen »
Iran moves mock aircraft carrier to sea amid US tensionsDUBAI, United Arab Emirates (AP) — Iran has moved a mock aircraft carrier to the strategic Strait of Hormuz amid heightened tensions between Tehran and the U.S., satellite photographs released...
Weiterlesen »
U.S. Treasury prices move higher amid concerns over coronavirus infections, geopolital tensionU.S. government debt prices were higher Monday morning as investors searched for so-called safe havens amid concerns over the global economy, the spread of Covid-19 and geopolitical tensions.
Weiterlesen »