All posts tagged: support

China Markets Eye More Housing Support After LPR Surprise

China Markets Eye More Housing Support After LPR Surprise

By George Lei, Bloomberg Markets Live reporter and strategist China slashed its five-year loan prime rate, a key reference for mortgages, by an unprecedented 25 basis points to a record-low 3.95% on Tuesday. While the move sends a strong signal from Beijing of aid for the property market, analysts caution that further monetary easing isn’t guaranteed and more support measures are needed for a turnaround in the housing sector. Tuesday’s reduction signals Beijing’s continued preference for targeted easing and its desire to shore up the housing, Oxford Economics said in a research report, noting that one-year LPR, which doesn’t have any mortgage implications, is left on hold. The size of the cut reveals “a genuine concern” among policymakers that the “slow-drip of easing” implemented thus far “has had little impact,” Louise Loo, the firm’s lead economist, wrote. While none of the 12 analysts polled by Bloomberg foresaw such a big LPR cut, the PBOC won’t necessarily lower other interest-rate benchmarks in a similarly aggressive fashion, according to JPMorgan. Uncertainty around the Fed’s next steps — with some speculation even of a hike …

France urges Rwanda to end support for M23 rebels, pull troops out of DR Congo

France urges Rwanda to end support for M23 rebels, pull troops out of DR Congo

France on Tuesday called on Rwanda to end “all support” for M23 rebels in Democratic Republic of Congo (DRC) and to pull its troops out of the country. Issued on: 20/02/2024 – 15:26 1 min “We call on Rwanda to cease all support to the M23 and to withdraw from Congolese territory,” the foreign ministry said. “M23 must cease fighting immediately and withdraw from all areas it occupies.” DRC, the United Nations and Western countries say Rwanda is supporting the rebels in the east of the country in a bid to control vast mineral resources, but the Rwandan government denies the allegations. Later Tuesday, the United States also warned Rwanda and the DRC at the UN that they “must walk back from the brink of war”. Fighting between the mostly Tutsi M23 rebellion and Congolese government forces has flared in recent days around the town of Sake, 20km from Goma in North Kivu province. After years of dormancy, the M23 (March 23 Movement) took up arms again in late 2021 and has since seized vast swaths …

U.S. pushes for U.N. to support temporary Gaza ceasefire, oppose Rafah assault

U.S. pushes for U.N. to support temporary Gaza ceasefire, oppose Rafah assault

A general view of the UN Security Council meeting (UNSC) on the situation in the Middle East on Nov.29, 2023 in New York, United States. The U.S. has proposed a rival draft United Nations Security Council resolution calling for a temporary ceasefire in the Israel-Hamas war and opposing a major ground offensive by its ally Israel in Rafah, according to the text seen by Reuters. Anadolu | Anadolu | Getty Images The United States has proposed a rival draft United Nations Security Council resolution calling for a temporary ceasefire in the Israel-Hamas war and opposing a major ground offensive by its ally Israel in Rafah, according to the text seen by Reuters. The move comes after the U.S. signaled it would veto on Tuesday an Algerian-drafted resolution — demanding an immediate humanitarian ceasefire — over concerns it could jeopardize talks between the U.S., Egypt, Israel and Qatar that seek to broker a pause in the war and the release of hostages held by Hamas. Until now, Washington has been averse to the word ceasefire in any U.N. action on the Israel-Hamas war, but the U.S. text echoes language that President Joe Biden said he used last week …

Social support linked to lower risk of compulsive sexual behaviors among sexual minorities

Social support linked to lower risk of compulsive sexual behaviors among sexual minorities

The Journal of Sex Research recently published findings that show how cisgender sexual minorities with higher levels of social support exhibit fewer symptoms of compulsive sexual behavior disorder (CSBD) and problematic pornography use (PPU). Conversely, those facing discrimination due to their sexual orientation and engaging in sexualized drug use tend to report increased severity of these conditions. Understanding CSBD, a condition recently classified in the International Classification of Diseases, is crucial in addressing sexual health comprehensively. CSBD is an individual’s persistent inability to control intense sexual urges — leading to distressing or disruptive behaviors. Problematic pornography use, a significant manifestation of CSBD, involves excessive consumption of pornography to the point of causing interpersonal or individual distress. Previous studies have highlighted a heightened vulnerability among sexual minorities, hypothesized to stem from the unique stressors this group faces. However, comprehensive studies exploring these associations within sexual minorities are not as common. The motivation behind this study was to explore the under-researched area of CSBD and PPU within the sexual minority population. Researchers aimed to understand how factors …

Ukraine seeks Japan’s support for post-war reconstruction

Ukraine seeks Japan’s support for post-war reconstruction

Ukraine’s prime minister urged Japan’s government and private sector on Monday to step up support for the country’s reconstruction, promising an “economic miracle” once the almost two-year-old war with Russia ends. Issued on: 19/02/2024 – 06:19 2 min “Since the full-scale invasion started Japan has provided Ukraine with over $10 billion of various support,” making it the fourth-biggest donor, Denys Shmygal told a conference of around 300 government and business leaders from Japan and Ukraine. “Thanks to this funding during this terrible war caused by Russia, millions of Ukrainian people have been able to survive,” Shmygal said through an interpreter. Ukrainian President Volodymyr Zelensky had also been due to address the gathering in Tokyo by video link but this was cancelled, organisers said without elaborating. “The private sector is the main engine for reconstruction efforts in Ukraine… We would like to work together with Japan on the modernisation and reconstructing of Ukraine. We want you all to be part of the economic miracle for Ukraine,” Shmygal said. “Companies that invest in the Ukrainian economy now …

Hundreds of children with special needs wait a year for support in England | Special educational needs

Hundreds of children with special needs wait a year for support in England | Special educational needs

Hundreds of children with special educational needs have been waiting for a year or longer to access support, as local authorities across England buckle under the strain of the demands placed on them, the Guardian has learned. Freedom of information requests found that in some local authorities, children and young people have been waiting more than two years to be issued with an education, health and care plan (EHCP) that details the support they require. The FoI results suggest that across England more than 20,000 cases were waiting longer than the 20-week limit, and as many as 3,000 for a year or more. Council leaders say that requests for EHCPs have surged in recent years while funding to meet the children’s needs has not kept pace. Since 2019 the number of plans issued has risen by 72%, so that in 2023 more than 500,000 children and young people had EHCPs, but dedicated funding from central government for special education needs and disabilities (Send) has only risen by 42%. Alex Dale, the cabinet member for education …

Leaders appeal for greater support as Russia makes major gain

Leaders appeal for greater support as Russia makes major gain

Mette Frederiksen, Denmark’s prime minister, speaks on day two of the Munich Security Conference in Munich, Germany, on Saturday, Feb. 17, 2024.  Bloomberg | Getty Images MUNICH, Germany — The West is suffering a “colossal failure of imagination” in thinking Russia’s war in Ukraine will not hit them next, European policymakers have been told amid calls for a doubling down of transatlantic support for Kyiv. Danish Prime Minister Mette Frederiksen criticized a waning sense of urgency among delegates at the Munich Security Conference on Saturday as Moscow’s full-scale offensive nearly enters its third year. “The sense of urgency is simply not clear enough in our discussions,” Frederiksen told a lunchtime session. “We have to speed up and we have to scale up.” Frederiksen called out Europe’s claims of production constraints as a reason for failing to provide more military assistance to Ukraine, noting that the continent has existing stockpiles it could and should share. “This is not only a question about production because we have weapons, we have ammunitions, we have air defense that we …

S,000 SkillsFuture top-up will push workers to upskill, but employers’ support is key: HR experts

S$4,000 SkillsFuture top-up will push workers to upskill, but employers’ support is key: HR experts

SUPPORT FROM EMPLOYERS  Since the S$4,000 top-up can also be used for part-time courses, support from employers is key for workers pursuing these accreditations, HR experts said.  Some employers may not want their employees to pursue courses because the company does not directly benefit from the training. If employees have to sacrifice promotions or a higher salary, they are also unlikely to want to take courses.  “A reskilled or upskilled worker may subsequently seek better job opportunities elsewhere,” said NUS’ Dr Xu.  Having employees away on training will pose challenges to companies, especially smaller ones.  “SMEs (small- and medium-size enterprises) would say it’s a good-to-have, but not a must-have,” said Ms Jasmine Liew, founder of Breakthrough Catalyst, an organisational development consultancy.  “Even short courses are already an issue, if I let you attend (courses) for one year, two years, then who’s going to do your job?”  But from a staff engagement and retention perspective, allowing employees to develop their careers may encourage them to stay with the company, she said.  “Doing a course for two years …