Lifeboat Foundation

Ontario intends to provide a basic income to 4,000 people in three different communities as part of an experiment that seeks to evaluate whether providing more money to people on public assistance or low incomes will make a significant material difference in their lives. How people like Button respond over the next three years is being closely watched by social scientists, economists and policymakers in Canada and around the world.

Former security guard Tim Button considers how a sudden increase in his income from an unusual social experiment has changed his life in this Canadian industrial city along the shore of Lake Ontario.

Sipping coffee in a Tim Horton’s doughnut shop, Button says he has been unable to work because of a fall from a roof, and the financial boost from Ontario Province’s new “basic income” program has enabled him to make plans to visit distant family for Christmas for the first time in years. It has also prompted him to eat healthier, schedule a long-postponed trip to the dentist and mull taking a course to help him get back to work.

Continue reading “Canada tests ‘basic income’ effect on poverty amid lost jobs” »

“We found that guidance policy had no effect on valuation whatsoever. As for the claim that it reduces volatility, we found that the opposite is true, companies offering annual range EPS guidance over the same period experienced lower volatility around earnings reporting periods when compared with those that issued quarterly guidance.”

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“After decades of investing in finance, treasury, and risk management systems, why are some CFOs still not able to meet their boards’ expectations for information and insights?”

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“In 2014–16 funds invested in ESG assets grew faster in Japan than anywhere else (and not just because of better reporting and a low base).”

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https://youtube.com/watch?v=hOTBtCz_l4A

Billionaire tech entrepreneur Mark Cuban has seen a ton of change since he first got in the technology business in 1982, but he argues that artificial intelligence (AI) is going to “change everything, 180 degrees.”

He warns that if the U.S. allows other countries to take the lead in AI, then it’ll be “SOL,” an acronym that employs profanity to communicate urgency.

Continue reading “If We Let China or Russia Win the Artificial Intelligence Race, We’re ‘SOL’ – Mark Cuban” »

We are in a multidimensional and fully internationalized carry trade game, folks, which means there is a very serious and tangible risk pool sitting just below the surface across world’s largest insurance companies, pensions funds and banks, the so-called ‘mandated’ undertakings…

“Former Executive Secretary to UNFCCC, Christiana Figueres has laid down a challenge to UNEP FI’s banking members, and the wider finance industry to increase their allocations to low carbon investments to avoid a 2 degrees scenario. Watch her recording which she made for participants at UNEP FI’s Europe Regional Roundtable on Sustainable Finance which took place in October 2017.”

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“Former Vice President and Chairman of Generation Investment Management, Al Gore, introduces PRI, UNEP FI and The Generation Foundation’s Fiduciary duty in the 21st century programme. The project finds that, far from being a barrier, there are positive duties to integrate environmental, social and governance factors in investment processes.”

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They taught ATLAS Kung Fu 😮

Really impressive, only things that need to be worked on. Shrink the Torso A Lot, so it’s comparable to a person. And, someone is going to have finance coming up with a set of robotic human like hands.

Continue reading “What’s new, Atlas?” »