allowance

Probably most of you will agree that everyone wants to be successful and not worry about their finances. And in many cases, the reason for this is not only to be able to afford fancy cars, housing, trips, stuff, etc. (but this is also cool), but to help our parents. Knowing that all their life, they were providing for us, it feels like the least we can do is to somehow help them to retire.However, it may be annoying when you work hard to help your parents and find out that they transfer money to your siblings for…

When Apple releases the iOS 17.4 software update to the world in the next few weeks it'll bring with it a sea change in the way the iPhone and App Store work. It'll open the door to third-party app stores, for one, and there will be support for non-Webkit web browsers as well. Both of those things will launch in the EU only, however, as Apple scrambles to comply with incoming Digital Markets Act requirements before the March 6 deadline. And while there are reasons to be cheerful about the changes, the opening of the web…

In the summer of 1983, British politics was in a fractious place. In June, Margaret Thatcher’s Conservative government roared to re-election after victory in the Falklands, eviscerating Michael Foot’s Labour party. Within weeks, new chancellor Nigel Lawson announced swingeing spending cuts, despite the fact that more than three million people were out of work and the number was rising. Plans for large-scale privatisation of national industries – the PM’s second-term obsession – were in the works. Britain was about to…

The National Economic Council (NEC) on Thursday said it is considering crucial recommendations from the National Salaries Income and Wages Commission on a proposed cost of living allowance amounting to N702bn for civil servants as part of its intervention plans to alleviate the impact of the discontinuation of petroleum subsidy. President Bola Tinubu had, at his inaugural address at Eagle Square, Abuja, declared that there would no longer be a petroleum subsidy regime as it was not sustainable. Governor Bala…

Credit: Unsplash/CC0 Public Domain Carbon markets have become a critical policy tool to combat climate change. They allow firms that emit greenhouse gases to buy and sell the right to pollute, which gives the firms flexibility while also reducing carbon emissions at the lowest cost. A patchwork of dozens of markets exists around the world, often with drastically different prices for carbon credits. In a new paper, a University…

Meta Platforms Inc said on Wednesday it had increased the security allowance given to Chief Executive and co-founder Mark Zuckerberg and his family by $4 million to $14 million. "This increased allowance, together with the costs of Zuckerberg's existing overall security program, are appropriate and necessary under the circumstances," Meta said in a filing. The move comes at a time when the owner of social media platforms Facebook and Instagram has cut thousands of jobs and slashed spending plans for a period that…

Governments across the world are trying to tackle climate change. One way to do this is through the reduction of greenhouse gas emissions such as CO2. As a result, they have been actively seeking ways to achieve net zero carbon emissions as envisaged in the UN climate change goal 2050- an initiative kickstarted in 1998 in the now defunct Kyoto protocol. Unfortunately, the Kyoto agreement achieved little success and was restructured into the 2015 Paris Climate agreement. Basically, the idea behind these agreements was to…

Mission Yogurt, a concessionaire at Denver International Airport, is hoping its new weekly travel allowance will not only keep its employees happy, but also attract new talent, in what’s becoming a trend for industries in need of on-site workers. The family- and minority-owned hospitality company is the airport’s only concessionaire to provide $100 in weekly compensation to make up for time spent commuting and waiting in security lines. “Airports are very rewarding and exciting places to work, but they can also be some of…