Why Girls In Indias Largest Muslim Ghetto Are Betting Big On Football – The Incredible Story Of Parcham – Yahoo India News

Historically, Mumbra, a small city in the suburbs of Thane district, has been in the news for all the wrong reasons. First it was the Bhiwandi riots of 1984, and later it was the Bombay riots of December 1992 that shaped the socio-political topography of the place, located two hours away from Mumbai.

Even two decades later, the impact of these unforgettable events continues to mould the fate of the marginalised communities living in these regions, save for one difference. Now, if you happen to drive through this suburb, you might spot a squad of young girls, decked in bright blue jerseys playing football and breaking all stereotypes that people have formed about Mumbra and Muslim girls over the years.

And its all thanks to social activist Sabah Khan and her non-profit collective, Parcham, which was launched in October 2012.

Parcham means the flag or banner that is carried during revolutions, says Sabah alluding to a poem written by Urdu poet Majaz and a particular stanza which reads, tere mathe pe ye aanchal bahot hi khoob hai lekin, tu is aanchal ka ek Parcham bana leti to acha tha. A loose translation of these verses is, this veil on your forehead makes you look very beautiful, but if you had made a loftier flag out of this veil, it would have been more meaningful.

In these lines, the famous Urdu poet alludes to the idea of revolution and sovereignty. At Parcham, it translates into breaking free of the prejudices, advocating unity, harmony, and women empowerment, through sports.

Football for us is a means to many things claiming our right to public space, increasing the visibility of women in public spaces, building bridges of friendship among people who have been taught to hate each other, building confidence in girls, talking about equality and financial independence, says Sabah, emphasising, This sport also challenges every stereotype of Mumbra and Muslim girls.

In 2012, when she was approached by a friend who was working with Magic Bus, an NGO focusing on kidseducation, to start a football programme in Mumbra, Sabah leapt at the opportunity. It was just the right kind of mission for the activist who had by then already worked in the suburb and built a rapport with the girls there. It made perfect sense to start here, she recalls.

But soon, Sabah would realise that it was easier said than done. After we started, we discovered that playing in an open ground was a bigger challenge than we had imagined. Most of the girls had not told their parents that they were playing football, because they were certain they wouldnt be given permission. They would tell their parents that they were going to learn English and played football instead, she shares.

And then there was the issue with onlookers and the unavailability of the playing grounds, because who has even heard of women in hijab playing football?

Almost always, recalls Sabah, the ground would be fully occupied by men and boys playing cricket, and we had to negotiate and wait for them to complete their innings for us to start playing. This ate into the precious little time girls were allowed to stay out of their homes.

The challenges were manifold, but Sabah was determined not to give up. The activist, who was at the time involved in the campaign for People Centric Development Plan of Mumbai, realised upon some brainstorming that every city had allotments of lands reserved for various uses, including play and recreation.

We studied the map of Mumbra, zeroed in on a plot reserved for a recreation ground and initiated a signature campaign demanding that it be reserved exclusively for girls and women, she tells us.

Her campaign picked up steam, and in no time, it garnered some 900 odd signatures. Sabah even found a strong ally in local MLA, Dr. Jitendra Awhad, who not only helped her take the initiative forward but also arranged a meeting with the Municipal Commissioner who signed off the reservation of the ground for women, the first such reservation in the country.

ALSO READ: From The Women Who Led India's Mars Mission to The Women Protesters at a Nuclear Power Plant: Minnie Vaid's Pen Covers Them All

What started as an initiative to get more and more girls from both Muslim and non-marginalised communities to come out of their homes and reclaim their freedom and football, has now snowballed into a full-fledged movement, training girls and women, and even preparing them for competitive events.

Says Sabah on this progress, Since 2012 we have trained over 1000 girls, and this is not only in Mumbra but also in Mumbai.

Some of these young talents have also made it to sports leagues and professional coaching. Afifa from our first batch now plays league matches across the country, says Sabah adding, Another player, Saba Parveen, coaches girls of the Thane Municipal Corporation school in Mumbra.

While Parcham and its football initiative might have taken flight with simpler goals, over time, it has gone beyond just sports. Today, its football training is interspersed with perspective-building, aimed towards understanding society, inequality and the struggles to overcome these.

We also have residential workshops for the girls to stay together and get to know each other, shares Sabah adding, These workshops are spaces for us to talk about diversity among many other things.

ALSO READ: This Mushroom Farmer in Bihar Makes Rs.1 Cr Annually, Pays Full Salaries to Employees During Lockdown

The fruition of Parchams goals marks a huge leap, not just for the girls of Mumbra but also for Sabah, who much like these girls, grew up in the Muslim ghetto of Madanpura in South Mumbai. And while she was fortunate enough to receive the best of education she studied in an English medium school, got a degree in Economics and Masters in Social Work from Tata Institute of Social Sciences (TISS) she too grew and evolved in the process of running her sports-centric initiative.

Through my childhood, I was never conscious of my gender identity. The identity I knew was that of being a Muslim and a good Muslim, she says. Perhaps thats why she was upset when, in the second year of field work at TISS, she was assigned an organization working solely with Muslim women.

I believed that I had been assigned the organization because of my identity and I tried to argue against it, she recalls.

Since then, confesses Sabah, she has come a long way in her understanding of Muslim womens issues. She is more focussed on her football initiative now, which is only temporarily halted due to the Coronavirus lockdown. And soon, she hopes to have the Parcham Football Academy on its feet.

We have to have a team of women coaches who train Muslim, Dalit, Adivasi, and underprivileged girls. We want to see them at the national level, she says.

The girls of Parcham are just getting started. As Sabah says, the accomplishment of one goal has only led to dreams of other bigger goals.

(Edited by Athira Nair, Video Produced by Urmi Chatterjee)

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Why Girls In Indias Largest Muslim Ghetto Are Betting Big On Football - The Incredible Story Of Parcham - Yahoo India News

6 Steps To Get You On Track Towards Financial Independence

Financial independence is achievable, but you have to follow the steps to get there. These are the 6 steps to get you on track towards financial independence.Financial independence isnt the same thing as retirement.

Retirement means the end of your working life (although as people retire younger and live longer, the definition is changing). Financial independence means merely the end of mandatory work, semi-early retirement. Like Mr Money Mustache!

Financial independence means being able to do whatever you want in life without having to worry about money.

You get a new boss who is impossible to work with? Just quit.

Do you want to go back to school to become a teacher? Enroll!

Do you want to spend a year traveling the world? Pack your bags!

Do you want to start your own business? Start writing up a business plan!

You cant get there overnight. Achieving financial freedom takes the right planning and the discipline to stick to the plan even if things are sometimes harsh. It also means a lot of sacrifices. Your friends are taking exotic vacations, buying brand new cars, buying big houses with swimming pools and outdoor kitchens.

Youre staycationing. You drive a ten-year-old Toyota. Youre still living in the same apartment youve been living in since you moved out of your college apartment. You keep your annual spending low. You have a savings goal.

But all of the sacrificing is front loaded. When you get to the sixth and final step on this list, you will be free while all of those people youve spent years envying are chained in place by credit card debt, car loans, and a huge mortgage.

You in? Good, lets start right now. Here are 6 steps towards financial independence that you can follow to reach the freedom youve always wanted.

Getting control of your money is simple; spend less than you earn.

What are your monthly expenses? Some of us bury our head in the sand when it comes to our spending. Facing it can be scary but you must.

Next, you can set up a budget. A good rule of thumb is the 50/30/20 method to allocate your money. This will work well for most people, but remember, were trying to achieve financial independence here!

The more money you can save, the better. This allocation doesnt mean you have to spend the entire 50% on essentials. And if you have debt, swap the 30 and 20. Put 30% towards paying off debt (at least) and 20% for discretionary expenses.

Now set up your budget categories. It might take a few weeks or months of tracking to see your patterns, but it will be worth it.

Lets talk about debt. Every month it costs you money. You cant achieve financial independence if youre being held back by debt. Credit card debt is the most serious since it usually has the highest interest rate. Attack it with the snowball or stacking method.

Student loan debt can be refinanced with Earnest for a better interest rate which will save you thousands of dollars over time. Lending Club can do the same for any personal loan debt you have.

You must rid yourself of this debt as quickly as possible.

Its important to see your whole financial picture and our favorite tool to od this isPersonal Capital. Its free and will help you budget, manage your investments, plan for retirement, and calculate your net worth.

Link your financial accounts, and Personal Capital will pull in all of the information. This not only lets you see how much you make and spend, it shows you on what and gives you a 1,000-foot overview of your finances.

Having completed Step 1, we now understand where our money is going. Knowing is half the battle when youre working towards financial independence. The other half is slicing out the fat. No one becomes wealthy by spending all their money.

Cutting the fat isnt always easy but remember, we told you some sacrifices would be made. Once you trim your budget, youll see your money starting to pile up much faster, and youll see it was worth it.If it seems overwhelming, choose one category a week and focus on pairing that down.

Food is always a good place to start because so many of us overspend on it. Bringing lunch to work is an excellent first step. It doesnt have to be fancy at first, just make a PB & J.

Seeing how much youre saving each week will be an incentive to keep going and get a bit more creative when it comes to cutting expenses. Let Trim and Billshark do some of the heavy lifting.

Trim will cancel recurring expenses for things like subscription boxes, gym memberships, and music services. When youre striving for financial independence, these things are luxuries you can do without. I work out every day, and I dont belong to a gym.

Billshark will negotiate lower prices for things like your cable and internet bills. Although you should really cut the cord, no one watches cable anymore!

At some point, there isnt any more fat to cut so if you want to reach financial independence, youll have to make extra money.

Start where you are, ask for a raise. Go in prepared. Know how much people in similar jobs in areas with a similar cost of living are making on Glassdoor. Know the number you want. Lay out all of the reasons you deserve a raise.

If you dont get a deserved raise, start looking for another job. The average raise is a paltry 3% when you change jobs; the average increase is 15-20%.

Job hopping, long frowned upon is going to be a big part of your path towards financial independence. Those who dont change jobs requently make less money than their less than loyal colleagues. How much less?

The worst kept secret is that employees are making less on average every year. There are millions of reasons for this, but were going to focus on one that we can control. Staying employed at the same company for over two years on average is going to make you earn less over your lifetime by about 50% or more.

Americans watch an average of five hours of television a day, 35 hours a week which is nearly another full-time job! A criminal waste of time. Take some of those hours and use them to do something that will aid in your journey to financial independence.

Drive for Uber, babysit with Sittercity, sell stuff on eBay or Poshmark. Everyone should have more than one income stream, but that is doubly so for those trying to become financially independent.

At some point, you have no more time left that can be used to make more money. Youre working a regular job and have at least one additional income stream. We have to find ways to make money that dont require our time.

Thats called passive income, and one of the best forms of passive income is investing. When you invest your money, it makes money for you. You dont need a lot of money to start investing, but you will never have a lot of money if you fail to invest.

There are many ways to invest and build your nest egg opening retirement accounts like a Roth IRA or 401k, investing in the stock market, mutual funds, index funds, rental properties the list goes on.

Since we already have many great posts on investing were not going to go in depth here. Instead, we will leave you with links to our best beginner investment posts.

Everything in here is low risk and low effort. We want you to have the peace of mind knowing that your money is safe and growing while you focus on other important things like your family, Xbox, etc.

There are plenty of tools that you can utilize to help you smooth your path to financial independence.

The right tool for the right job will make things easier and allow you to monitor your progress.

These tools can budget for you, help regulate your investments automatically, find you savings when you do spend or even challenge you to increase your savings by rewarding you with cash for doing so!

These are our tried and tested personal finance tools.

Betterment is the ideal investing tool for beginners. You dont have to know anything about investing to get started, there is no minimum required to invest, and the fees are low.

Betterment is hands-off, there are no humans making investing decisions which might sound scary but 79% of human money managers dont beat the market.

AS we mentioned above, Personal Capitals software can help develop your long-term financial strategy calculate your net worth, set a budget, manage investment accounts, and plan for retirement.

Be sure to check out Personal Capitals Fee Analyzer. You can use a huge percentage of your retirement money to fees over time. Personal Capital can help you find and eliminate unreasonable investing fees.

Did you know that investors with 20% allocated to real estate outperform those who only invest in stocks and bonds? Youd love to do that, but you dont have hundreds of thousands of dollars to invest in real estate.

You are going to love Fundrise! Fundrise lets the rest of us get in on real estate investing too. You can invest for as little as $500. Fundrise has an impressive track record boasting anannual return of 12-14%.

If youre worried about liquidity, dont. Fundrise allows investors to liquidate any amount of their holdings quarterly.

For the full list of resources weuse to manage ourfinances,click here.

For people that are ready for a more hands-on approach (and a bit more growth potential), this section is for you!

It will take a bit more work than a set it and forget it strategy, but you dont need to be a rocket scientist to make gains here. Just remember, take the risks seriously.

When you are ready to further diversify your investments and take on a little risk, take a look at our list of the best Vanguard funds.

A retirement account is a tax-advantaged account. If you have retirement accounts (you should!), you can further maximize them. Gather up any 401ks from previous jobs and roll them over into an IRA. This allows you to consolidate retirement accounts, gives you more choice, and usually much lower fees.

And check out these super advanced (and super advantaged!) Roth strategies. Part of achieving financial independence will depend on how good you are at (legally) avoiding taxes. These strategies will help you do that.

If you want to live like most people cant, you have to be willing to do what most people wont. There will be times along the way when you want to give up. You want to do all of the things everyone else gets to do.

When you feel that way, just imagine what life will be like once youve become financially independent. You can do what you want to do when you want to do it.

No Monday morning dread, no depressed feeling when you realize your once a year vacation is almost over and you have to go back to real life soon. No going to a job you hate surrounded by people you cant stand. You have no debt keeping you up at night.

If you can stay the course and retire early, Im sure youll agree that once you reach financial freedom, it was all worth it.

If you want to read more, check out fatfire on Reddit and Mr. Money Mustaches blog. Lots of like-minded folks working towards financial independence.

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6 Steps To Get You On Track Towards Financial Independence

Hoping to Retire Early? DONT! Even if You Can – Yahoo News Canada

Retiring early is the goal of everyone. Even when you were young, one day you knew youd be ready to retire and be able to do what you want, when you want. But can you?

As the years tick by, and that day seems closer, you begin to ask yourself whether you can retire early. Wouldnt that be great? Weve all heard the FIRE acronym: Financial Independence; Retire Early.

But there are a number of problems with early retirement, and its the reason you should ask yourself some hard questions before taking the plunge. After all, while it can be easy to jump into retirement, it can be incredibly hard to jump back out. So, before you retire, ask yourself these three questions.

Im sure you already have a goal in mind for how much you need to have before you retire. But is that number reasonable? In fact, did you decide that number when you were 30 and making $45,000 a year? Because now, youre more likely making even double that. Youve become used to a lifestyle that perhaps you simply cant keep upwhen you retire.

So, before you retire, take a hard look at what you really think youll want to spend on a regular basis. Youll need to be able to create a paycheque similar to the one you have now, combining your pension and savings all of it. And once that moneys gone, its gone. So, make sure you have a realistic goal that means you wont have to retire poor after living large.

Sure, we all plan to start up a hobby, travel the world, volunteer for charities. However, that can only take up so much time. Is it really that you just want to stop working? Digging even deeper, is it perhaps that you just dont want to work at the job you have now?

Instead of retiring all together, maybe its time for a career change. See if your savings can support the cost of perhaps starting up consulting, freelance projects, or a side gig of sewing sweaters for dogs. The world is your oyster! Once youre set up, then maybe its time to leave that old life behind and start a new one. While its far more freeing than the job you had before, youll still have money coming in.

Its nice to imagine that in the future, everything will be shiny and new. But life doesnt always work out that way. Anything can happen that suddenly affects your finances. Those numbers you worked so meticulously on suddenly make no sense at all.

Instead, all of these points mean you should be working towards the goal of financial independence, not the goal to retire. At what point do you think youll be emotionally, mentally, and even physically unable to work the way you are now? When that point comes, where will all your money be coming from? And what can you do to make sure you can continue to bring in money, even after 20 years of retirement?

To meet this goal, its important to meet with a financial advisor and come up with some options to invest in your future. By purchasing shares in steady stocks, you can bring in cash, even decades after you retire. Bank stocks are a great option, as each Big Six Bank has over a hundred years of steady growth and dividends that have grown year over year, sometimes even during severe economic downturns.

If youre looking for a great bank option, that will even give you strong dividend income during retirement, right now, Canadian Imperial Bank of Commerce is an excellent choice. It has the highest dividend income, is a bargain share price, and has plenty of room to grow. Todays investors can lock in a 6.41% dividend yield. You can even use that income to put aside travel money. After all, just because you arent going to retire today doesnt mean you cant have fun!

The post Hoping to Retire Early? DONT! Even if You Can appeared first on The Motley Fool Canada.

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Fool contributor Amy Legate-Wolfe has no position in any of the stocks mentioned.

The Motley Fools purpose is to help the world invest, better.Click here nowfor your free subscription toTake Stock, The Motley Fool Canadas free investing newsletter. Packed with stock ideas and investing advice, it is essential reading for anyone looking to build and grow their wealth in the years ahead. Motley Fool Canada 2020

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Hoping to Retire Early? DONT! Even if You Can - Yahoo News Canada

The Hidden Toll of California’s Black Exodus – KQED

In adopted hometowns, Black Californians face newer, subtler forms of segregation. Old regimes of legal housing and job discrimination have given way to predatory loans, shifting patterns of disinvestment and flare ups of racism or violence in areas that once promised a level playing field, reports fromUC Berkeley,UCLAandsocial services groupshave found.

Now, as Black Lives Matter protests collide with anxiety about COVID-19sdisproportionate Black death tolland anxiety about a comingwave of evictions, at issue is whether these overlapping crises will accelerate Californias Black exodus or force a reckoning both inside and outside major cities.

Wilson had never been to Elk Grove before she moved there in 2002 to start a family. Shed never been called the n-word before she moved there, either.

By 2017, after years of working a day job in sales and doing hair late into the night, her own salon in Old Town Elk Grove was thriving. She went back to L.A. often to dream up business ideas with her sister and make sure her kids werent too far out of the loop on Black culture. But one day, a stylist at Wilsons salon found a note jammed in the door. It was riddled with racial slurs and said to get out soon.

It didnt make me want to leave, Wilson said. It made me want to force them to understand who I am, what Im about, and that I add value to this community just like everybody else.

In 2000, just before Wilson left L.A., California had the countrys second-largest Black population at more than 2.2 million people. But under the surface, a seismic shift was happening in where people lived, the opportunities they chased and the social networks they relied on.

After white flight, Black flight had accelerated in the 1980s. Outer suburbs like Palmdale, Antioch and Elk Grove saw exponential growth.

The state went from a high of 7.7% Black in 1980 to 5.5% Black in 2018, Census data shows, even as it added 15 million residents who were mostly Latino, Asian or multi-racial. Nearly 75,000 Black Californians left the state in 2018, according to a CalMatters analysis of federal estimates, compared to 48,000 Black people who moved in. The three most popular states for Black ex-Californians were Nevada, Texas and Georgia, reflecting both anational reversalof last centurys Great Migration and movement to emergingmiddle class hubsfor Black homeownership, education and entrepreneurship.

The first time Cierra Washington-Griffin left California was in 2010, when she was 23 and fresh off a breakup. Three days on a Greyhound from her hometown of Sacramento to Fort Benning, Georgia, gave her plenty of time to think about starting over.

Within a month, she had a car, a job at a hotel and a two-bedroom duplex that cost $450 a month a rapid shift to financial independence that had seemed impossible back home. She also didnt have to change her voice to sound white like when she applied for work in affluent California suburbs. It was just so much simpler there, said Washington-Griffin, now 33.

Her grandmother was born in Little Rock, Arkansas, and she sees things differently. Barbara Washington followed family from St. Louis to California in the 1970s, at the tail end of the migration that brought hundreds of thousands of Black people to California from the South. Washington settled in Richmond, part of the Bay Areas jobs-rich former war corridor, a center of Black life forged by discriminatory housing practices.

Washington worked as a nurse, and by the time her children were having children in the 80s, the Bay Area seemed too fast. They moved to the cow town of Sacramento, and she never regretted moving to California.

We wanted something different for the kids, Washington said on a recent 100-degree day at a park in Elk Grove, where she moved after the house she rented in Sacramento was sold.

See, thats weird though, said Washington-Griffin, who moved back in last year with plans to leave again but now is unsure. I feel like its better out there, especially for people of color, in the South.

Her grandmother shook her head. I dont think so, she said.

Timing is everything in Californias winner-take-most economy. The longer it takes Black residents to cash in when times are good and the harder theyre hit when things turn bad, the wider the states racial wealth gap grows.

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The Hidden Toll of California's Black Exodus - KQED

The Fed’s Independence Helped It Save the US Economy in 2008 the CDC Needs the Same Authority Today – Nextgov

The image of scientists standing beside governors, mayors or the president has become common during the pandemic. Even the most cynical politician knows this public health emergency cannot be properly addressed without relying on the scientific knowledge possessed by these experts.

Yet, ultimately, U.S. government health experts have limited power. They work at the discretion of the White House, leaving their guidance subject to the whims of politicians and them less able to take urgent action to contain the pandemic.

The Centers for Disease Control and Prevention has issued guidelines only to later revise them after the White House intervened. The administration has also undermined its top infectious disease expert, Dr. Anthony Fauci, over his blunt warnings that the pandemic is getting worse a view that contradicts White House talking points. And most recently, the White House stripped the CDC of control of coronavirus data, alarming health experts who fear it will be politicized or withheld.

In the realm of monetary policy, however, there is an agency with experts trusted to make decisions on their own in the best interests of the U.S. economy: the Federal Reserve. As I describe in my recent book, Stewards of the Market, the Feds independence allowed it to take politically risky actions that helped rescue the economy during the financial crisis of 2008.

Thats why I believe we should give the CDC the same type of authority as the Fed so that it can effectively guide the public through health emergencies without fear of running afoul of politicians.

The Paradox of Expertise

There is a paradox inherent in the relationship between political leaders and technical experts in government.

Experts have the training and skill to apply scientific knowledge in complex biological and economic systems, yet democratically elected political leaders may overrule or ignore their advice for ill or good.

This happened in May when the CDC, the federal agency charged with controlling the spread of disease, removed advice regarding the dangers of singing in church choirs from its website. It did not do so because of new evidence. Rather, it was because of political pressure from the White House to water down the guidance for religious groups. Similarly, the White House undermined the CDCs guidance on school reopenings and has pressured it to revise them. So far, it seems the CDC has rebuffed the request.

The ability of elected leaders to ignore scientists or the scientists acquiescence to policies they believe are detrimental to public welfare is facilitated by many politicians penchant for confident assertion of knowledge and the scientists trained reluctance to do so.

Compare Faucis repeated comment that there is much we dont know about the virus with President Donald Trumps confident assertion that we have it totally under control.

Experts with Independence

Given these constraints on technical expertise, the performance of the Fed in the financial crisis of 2008 offers an informative example that may be usefully applied to the CDC today.

The Federal Reserve is not an executive agency under the president, though it is chartered and overseen by Congress. It was created in 1913 to provide economic stability, and its powers have expanded to guard against both depression and crippling inflation.

At its founding, the structure of the Fed was a political compromise designed make it independent within the government in order to de-politicize its economic policy decisions. Today its decisions are made by a seven-member board of governors and a 12-member Federal Open Market Committee. The members, almost all Ph.D. economists, have had careers in academia, business and government. They come together to analyze economic data, develop a common understanding of what they believe is happening and create policy that matches their shared analysis. This group policymaking is optimal when circumstances are highly uncertain, such as in 2008 when the global financial system was melting down.

The Fed was the lead actor in preventing the systems collapse and spent several trillion dollars buying risky financial assets and lending to foreign central banks decisions that were pivotal in calming financial markets but would have been much harder or may not have happened at all without its independent authority.

The Feds independence is sufficiently ingrained in our political culture that its chair can have a running disagreement with the president yet keep his job and authority.

Putting Experts at the Wheel

A health crisis needs trusted experts to guide decision-making no less than an economic one does. This suggests the CDC or some re-imagined version of it should be made into an independent agency.

Like the Fed, the CDC is run by technical experts who are often among the best minds in their fields. Like the Fed, the CDC is responsible for both analysis and crisis response. Like the Fed, the domain of the CDC is prone to politicization that may interfere with rational response. And like the Fed, the CDC is responsible for decisions that affect fundamental aspects of the quality of life in the United States.

Were the CDC independent right now, we would likely see a centralized crisis management effort that relies on the best science, as opposed to the current patchwork approach that has failed to contain the outbreak nationally. We would also likely see stronger and consistent recommendations on masks, social distancing and the safest way to reopen the economy and schools.

Independence will not eliminate the paradox of technical expertise in government. The Fed itself has at times succumbed to political pressure. And Trump would likely try to undermine an independent CDCs legitimacy if its policies conflicted with his political agenda as he has tried to do with the central bank.

But independence provides a strong shield that would make it much more likely that when political calculations are at odds with science, science wins.

Mitchel Y. Abolafia is aprofessor of public affairs and policy at the University at Albany, State University of New York.

This article is republished from The Conversation under a Creative Commons license. Read the original article.

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The Fed's Independence Helped It Save the US Economy in 2008 the CDC Needs the Same Authority Today - Nextgov

Heres Your Personalised July 2020 Tarot Reading by the VICE Fortuneteller – VICE

This article originally appeared on VICE ASIA.

Pick-A-Card is a monthly interactive tarot reading by the VICE Fortuneteller. There's really not much to it. Look at the cards, pick one, and find out where life could take you this month. Ready?

Don't go beyond the line before picking.

Resistance Is Futile

You may be in a period in your life where you feel trapped due to the circumstances happening around you. The Universe is waiting for you to make a major shift in your life but you must first acknowledge the trapped emotion you currently have. This trapped emotion needs to be released and forgiving yourself is the very first step for major transformations.

You may be in a hurry to make the necessary changes in your life. Understand that it will happen in Divine Timing. It may be fast and drastic or it might happen slowly. Just know that changes are happening at the right time and that how you respond to these changes will create a series of new karmic cycles.

Its time to stop holding on to things that no longer serve you. Your resistance is futile and its time to close that major chapter in your life you so desperately cling on to and start a new one. How will you react to this shift? Will you deny these changes or will you welcome it with open arms?

Be sure to be grateful for your past experiences. Look forward and approach changes as gracefully as you can.

Middle: Three of Pentacles reversed and Validation

Lead With Kindness

The energies around you may not be as cooperative as you hope for them to be, leading you to micromanage your team. The environment may be susceptible to disrespect due to chaotic events that are happening.

Oftentimes, there are misunderstandings that cause more irritation between people. Avoid the need to control and allow trust to be the foundation of a good team. This is a sign that if things arent working out, its time to reassess and change certain systems so that it can benefit everyone involved.

This is not the time to think every man for himself. Approach the situation with a more collaborative spirit. You must first seek to understand, then to be understood.

Be the first to send out love when someone on your team is doing well. Leading with kindness will motivate the people around you more. Whether you are the leader or the follower, you can help validate people about their roles. Be generous in giving out compliments and be more frugal when giving out criticisms. You will never regret being kind.

Right: Queen of Pentacles and Rest

Celebrating Through Rest

You have worked very hard towards your personal growth and are now ready to harvest the fruits of your labour. Your material wealth is increasing and, naturally, your general lifestyle is also elevating. Even so, now, more than ever, you are being asked to make more practical choices to continue your path towards independence.

Just because you are now reaching a higher level in terms of your financial independence, that doesnt mean you need to take on more burdens right away. Remember that you still deserve to rest. Resting can be in the form of taking a break or setting aside time for things you want to do.

When you are able to nurture yourself, you are also able to nurture the people around you. Make sure that before helping others, your needs are met first.

This is a timeless general reading for the collective conscious. Take the bits and pieces that make sense for you. If this reading does not resonate, simply let it go.

Decks: Rider-Waite Smith Deck and Inklings

Lois Veloso, also known as the Millennial Manghuhula (Millennial Fortuneteller), has been practising tarot reading since 2016. She believes that the tarot is a tool used for understanding things beyond the surface and promotes self-awareness. Shes based in Manila and loves topics on angels, spiritual healing, and self-development.

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Heres Your Personalised July 2020 Tarot Reading by the VICE Fortuneteller - VICE

Instead of saving a total sum for retirement, I started thinking about how much I want to ‘earn’ monthly and it made me reassess the way I invest -…

Personal Finance Insider writes about products, strategies, and tips to help you make smart decisions with your money. We may receive a small commission from our partners, like American Express, but our reporting and recommendations are always independent and objective.

March 2020 is a month most of us will never forget. That was the month when the reality of the coronavirus set in across the United States and millions of Americans were ordered to stay home. As tens of millions of workers lost their jobs and nearly every American was somehow affected by the pandemic, the stock market experienced its worst drop in decades.

I have plenty of emergency savings and don't plan to tap into my retirement portfolio for at least 30 years, so a short-term drop didn't shake my long-term investment plan. However, it did have me thinking about the best ways to build a resilient portfolio that will meet my cash flow needs during my golden years.

Here's how I'm thinking about building a portfolio focused on cash flow before and during retirement.

If you've read enough investment books and articles, you've likely come across the statistic that the S&P 500 goes up about 10% every year on average. But it doesn't feel like that on days when you see your investment account drop by hundreds or thousands of dollars at once.

It's important to avoid the urge to sell when the markets fall, as you've already experienced a major loss and would likely miss out on a subsequent upswing. The investors who tend to get the best performance over time are the ones who follow a steady investment plan and add to their portfolio on a regular schedule over time.

But that doesn't mean a jolt in your portfolio shouldn't stop you from assessing your current investment strategy and if you should make any small tweaks to meet your long-term goals.

Most people set a target savings level for retirement. A goal of $500,000, $1 million, $2 million or more might be a reasonable goal for you to reach your desired level of financial independence.

While these types of goals can be valuable, they are not the only way to think about your retirement goal. Instead of a fixed asset value, consider a goal around your monthly retirement cash flow. Perhaps you want to bring in $3,000, $5,000, or another amount per month.

If you know how much you want to "earn" every month in retirement, you can work on a plan for multiple income sources to fund your retirement needs.

Investments come in many forms. Here are some ways you can build income sources for retirement that produce a steady and reliable cash flow:

If you want to earn $100,000 per year in retirement without tapping into the principal balance, you would need a $2 million portfolio that pays you 5% per year. Depending on how much you want to earn and your expected rate of return over time, you can calculate exactly how much you would have to save and invest to meet your goal.

There's no need to let a temporary economic situation derail your long-term plans. But it is OK to review your plan and make any needed updates to make sure you're still in line with your retirement cash flow goals.

Partner offer: Want to start investing? Try commission-free trading with TD Ameritrade

Disclosure: TD Ameritrade is a partner of Insider, Inc.'s business development team, which is separate from its editorial department. We may receive a commission if you open an account.

Do you have a personal experience with the coronavirus you'd like to share? Or a tip on how your town or community is handling the pandemic? Please email covidtips@businessinsider.com and tell us your story.

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Disclosure: This post is brought to you by the Personal Finance Insider team. We occasionally highlight financial products and services that can help you make smarter decisions with your money. We do not give investment advice or encourage you to adopt a certain investment strategy. What you decide to do with your money is up to you. If you take action based on one of our recommendations, we get a small share of the revenue from our commerce partners. This does not influence whether we feature a financial product or service. We operate independently from our advertising sales team.

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Instead of saving a total sum for retirement, I started thinking about how much I want to 'earn' monthly and it made me reassess the way I invest -...

Personal financial ratios you need to know | Citypress – News24

Personal financial ratios are tools or calculations designed to help you evaluate your current financial strength and position.

These will help you prepare for your financial freedom, writes Mapalo Makhu.

There are many tools to help you navigate the road to financial success. These include a budget and using apps to track your spending. But what other tools are there to help you evaluate your financial position?

Personal financial ratios are tools or calculations designed to help you evaluate your current financial strength and position.

Doing these calculations at least once a year can give you a benchmark to help you work towards better financial health.

NET WORTH CALCULATION

The net worth calculation is in effect your personal balance sheet, which measures your assets versus your liabilities. The bigger your assets are, compared with your liabilities, the higher your net worth will be.

Net Worth = Assets Liabilities

SAVINGS RATIO

A savings ratio is the level of savings as a percentage of your total income. This calculation indicates the amount of money you put aside as savings for future use. To achieve this, you need to practise the principle of paying yourself first meaning that even before you pay for anything else, you save first.

Another brilliant way to make sure that you save is by not inflating your lifestyle. With every pay increase, at least 10% of that should go towards your savings and not expenditure.

Savings ratio = Savings/net income x 100

DEBT-TO-INCOME RATIO

Data produced by Tymebank last year into just how indebted we are showed that just 15 days after payday, the majority of South Africans have no money in their bank accounts and therefore need to use expensive debt to get through the rest of the month.

The debt-to-income ratio is a calculation that compares the amount of debt you have to your overall income.

Debt-to-income ratio = Total recurring monthly obligations/gross monthly income

The ratio is really a reflection of just how much of your income goes towards servicing your financial obligations. An acceptable debt-to-income ratio is anything below 36%.

There are two ways to lower your debt-to-income ratio:

LIQUIDITY RATIO

Liquidity is the ease with which you can turn your assets into hard cash. This includes money in your savings account, as well as cash earmarked for an emergency fund.

When you are liquid, you can withstand financial shocks such as a retrenchment or illness. Another big advantage of being liquid is that when opportunities present themselves to you, you can swiftly take them without borrowing money.

When thinking of liquidity, the adage cash is king rings true.

Liquidity ratio = Liquid assets/current debt x 100

SOLVENCY RATIO

The solvency ratio is important and you should familiarise yourself with it. This is because, as you grow in your career and acquire more assets, debt is often used to finance these assets, especially property and cars (although cars are a depreciating asset).

This ratio lets you know if the assets in your balance sheet are enough to repay your debts. It is for this reason that your solvency ratio should be at least greater than one.

Solvency ratio = Net worth/total debt x 100

FINANCIAL FREEDOM RATIO

Unless you follow the Financial Independence Retire Early (Fire) movement closely, you will not be too familiar with the financial freedom ratio calculation. The Fire movement advocates saving and investing aggressively so you can retire early.

While we sometimes dream of being able to stop working in our fifties or some as early as in their forties, how do you measure your readiness to do exactly that?

The financial freedom ratio measures how close you are to being able to hand in your resignation, and live the financially free life youve been working hard for.

READ: The faces of financial freedom

The ratio is in effect the current income which you could sustainably replace if you were to stop working today.

To get to this number, you will need to know:

This ratio gives you an estimate of just how close you are to that seemingly elusive financial independence.

Although you can quickly and easily do these calculations, it is good to remember that tax has a big impact on them. However, do not let that put you off the number crunching.

Even getting just an estimate can shift how you currently view your finances and hopefully motivate you to improve and manage your finances better.

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Personal financial ratios you need to know | Citypress - News24

Passive Income: What is it and how does it benefit you? – The Financial Express

The notion Passive Income has a lot of attraction to it, while for some its a way of life. Passive Income would be the money that you earn with little work or no active involvement, hence Passive Income. Active income, on the other hand, is the hard-earned money you receive upon slogging day and night in your business or your job. Active income requires us to be on our toes running around money round the clock. Well obviously, it would only last as long as daily effort is being put in. Passive Income is quite contradictory to the old school belief system of you have to work very hard for money.

What if I tell you that there is a world where you dont work for money but your money slogs for you. Thats exactly what the concept of Passive Income does for you. It would only require initial set up and system, which can cater not only to an individual but in some cases to an entire generation.

The world we currently live in requires money to survive, sustain, and thrive. Hence, working for money is not a choice but an obligation. Billions of people today are in the quest of making money often forgetting the purpose of their existence, which is much more than just making money. This finally lands them in a job, business or profession which helps them to make money but isnt anywhere near their passion or purpose in life. Such people often settle for a mediocre life, if not an unsatisfied life.

However, passive income can be a complete game-changer. What if you get to choose to follow your passion and money comes to your bank account month by month? What if you get an additional support system to take care of your lifestyle expenses while you enjoy your time with your family, friends, and your passion. What if you are able to ride through the economic recession without making a reduction in your familys standards of living, your childrens higher education or your life goals? All of this is actually possible with the power of Passive Income.

Majority of us dream to fill our bank accounts with a lot of money, but the ones who actually have it, are looking for more time for themselves and their families, and that is exactly what passive income gives to an individual. It helps make the lives of business owners more comfortable who are facing a decrease in income due to recession or increased competition. For salaried employees, it gives additional support to aim for a bigger house, a better standard of living, and higher education for their children. For people approaching their retirement, Passive Income ensures a monetary cushion that their retirement fund does not allow for. Passive Income is that part of the income wheel that most of the people today are not even aware of, while others cannot imagine a life without it. Future stability and financial independence are the prospects that Passive Income can look after and act as a security against the inability to pay for the necessities in case of emergencies.

Recent studies have shown that most people in their 40s start feeling the pressure of their increasing living expenses and Passive Income is the support system that can ensure that the breadwinner of the family isnt working alone. Passive income if implemented well can give a greater sense of stability in income as well as control on an individual choice on what to pursue in life, a concept very alien until recently. Its time to slowly introduce this concept into our individual lives before our money worries and social obligations take charge of our lives.

As Warren Buffet rightly said, if you dont find a way to make money while you sleep, you will work until you die. Why wait for the future, when you can achieve your monetary goals in an efficient and delightful manner right today.

by Arpit Arora, Business Coach, AskTheWiseGuy

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Passive Income: What is it and how does it benefit you? - The Financial Express

If you cannot be the first in a market, the only option you have is to be the best, says Nishith Rastogi of Lo – YourStory

Bengaluru-based Locus.sh has been disrupting the logistics space since 2015. Founded by former AWS employees Nishith Rastogi and Geet Garg, the startup uses technology and proprietary algorithms to provide smart logistics solutions to businesses such as route optimisation, real-time tracking, insights and analytics, vehicle allocation, and utilisation.

On Money Matters with Shradha Sharma, Co-founder and CEO Nishith says that Locus.sh entered an already established business space and could not be the first in the market so the only option was to be the best in the space.

According to Nishith, apart from India, Locus.sh is present in Jakarta, Ho Chi Minh, San Francisco, and the East Coast. He adds that the startup was planning to set up EU operations. But it is now planning to launch in EU next year.

The Co-founder and CEO charts the startups journey, saying that it took Locus.sh six months to hire its first three members and 12 months to build the prototype. He adds, It took us two years to achieve core IP development and getting a real customer production deployment line.

Nishith explains that the revenue model largely depends on new or unique locations being visited. He reveals that it took the startup two years to reach 1,000 orders a day, and is now looking to climb up to 1,000,000 orders a day in the next two years.

He claims that Locus.sh serves 70 customers for revenue and 25 customers for product development, and is now aiming to gain around 200 customers.

Speaking about the funding plans, Nishith says that the startup does not have any immediate plans to raise money. As a company, we are always looking to do milestone-driven raises rather than runaway-driven raises, he adds.

Before Locus.sh, Nishith had no experience in logistics. Both co-founders met during their tenure at AWS and had worked together for two years.

Nishith and Geet started discussing logistics after the horrific incident in 2014, when a Uber driver-partner raped a passenger in Delhi, talking about safety and security.

According to Nishith, the app got attention and businesses approached them for the service. The duo realised the potential of using automation in logistics.

Locus.sh plugs into the supply chain of an enterprise and start automating all human decisions included in the process. We automate route planning, address correction, network planning, etc, he explains.

The solution has helped reduce 22 percent of fuel usage on an average, which not only is cost optimisation but also a green initiative, significantly reducing carbon emissions per delivery.

For many of our customers with average re-attempted delivery of 25 to 30 percent, we have taken it down to five percent by simply asking when the user wants their package and having a backend sophisticated enough to actually deliver the package on the preferred time in a cost-efficient manner, adds Nishith.

Happiness doesnt depend on the value of variables but on the number of variables, says the entrepreneur.

Nishith says that for him, money means financial independence. He believes, if his wealth is able to give him the things he needs, he will be happy with it.

He adds that an individual can have three levels of wealth

Survival: When one can afford basic necessities

RHS: When you can afford to buy things without pondering over the impact of its cost (for example, looking at the right hand side of a menu, i.e. the price)

The FU money: When you have enough extra money to facilitate the RHS stage even better.

The idea, Nishith says, is to remove money as a variable in life, not optimise for it.

Want to make your startup journey smooth? YS Education brings a comprehensive Funding Course, where you also get a chance to pitch your business plan to top investors. Click here to know more.

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If you cannot be the first in a market, the only option you have is to be the best, says Nishith Rastogi of Lo - YourStory

XTC Global Finals: These 7 startups, selected out of 2400 global applicants, are solving the world’s most extr – YourStory

The world faces dire global challenges, including poverty, inequality, and climate change.

Technology will play a fundamental role in helping humanity overcome these challenges. And thats what this years worlds largest startup competition for entrepreneurs addressing global challenges - Extreme Tech Challenge (XTC) - is all about.

The XTC Competition was founded in 2014by Young Sohn, President and CSO, Samsung Electronicsand Bill Tai, Partner Emeritus, Charles River Ventures, to empower entrepreneurs and their companies with resources and networking to scale at low-to-no incremental cost.

XTC is a nonprofit and is devoted to elevating the next-generation of entrepreneurs creating new technologies and innovations to benefit humankind. Inspired by the United Nations 17 Sustainable Development Goals (SDG), the XTC supports and showcases innovators harnessing the power of technology to address key humanitarian challenges that the world is facing today.

The theme this year is Pitch for Hope, the competition kicked off in May 2019 and saw 2,400+ startups from 87 countries applying for the contest. Drawing from the United Nations 17 Sustainable Development Goals, Extreme Tech Challenge (XTC) bifurcated startups addressing challenges across seven key categories - AgTech Food & Water; Cleantech & Energy; Education, Enabling Technologies, Fintech, Health and Smart Cities & Transportation.

The applicants were then narrowed down to 52 finalists, who recently pitched their solutions to a panel of more than 80 leading investors and industry experts. A winner was picked for each of the seven categories, who will now make their pitch to a power panel of six investors that includes internet legend and Yahoo! Co-founder, Jerry Yang; Young Sohn, Corporate President and Chief Strategy Officer, Samsung Electronics, and Co-founder of XTC; Tim Draper, Founding Partner, Draper Associates; Philippe Botteri, Partner, Accel; Rafale Tordjman, Founder, Jeito Capital; and Bill Tai, Partner Emeritus, Charles River Ventures, and Co-founder of XTC.

In addition to the overall winner, XTC competition has instituted two new awardsthat will go to a breakthrough startup responding to the global COVID-19 crisis and to a female-founded startup whose innovations are driving solutions forglobal challenges. These two special awards will be announced at the XTC Global Finals.

These seven startups are category winners, who have been selected from 87 countries.But, they all have one thing in common: Their innovations are making the world a better place.

MicroGen Biotech: Two billion children ingest unsafe levels of toxic heavy metals like arsenic through the everyday consumption of food brands. MicroGen develops a technology to block the uptake of heavy metals by crops while restoring contaminated soil.

Genecis: The startup converts food waste into biodegradable plastics and other high-value materials. They use a scalable platform to reprogram bacteria to make high-performance materials from low-value organic waste streams, while significantly reducing GHG emissions.

TOMI Digital: Thousands of K-12 teachers are using the TOMi app to create interactive classes to engage students remotely and in-person, even without classroom internet. And, in a time of COVID, TOMi has become a prominent teaching tool for virtual classes, even when students cannot use video conferencing.

HALA System: The Hala platform uses IoT, AI, remote sensing, and distributed ledger to prevent violence and mitigate social challenges in the most dangerous places on Earth. For instance, Halas early warning system has helped to predict airstrikes in Syria and save civilian lives.

Rewire: Rewire boosts economic growth and financial independence in developing countries through a digital banking platform that is designed to serve the unique needs of migrants wherever they are. Led by ideals of social good, Rewire offers complete transparency, equal opportunity, and a fair banking system thats available to everyone.

Saathi: This startup makes eco-friendly hygiene products for women from banana tree fiber. Saathis sanitary pads biodegrade within six months vs. 600 years, and since the pads dont contain harsh chemicals, they provide a rash and irritation free experience.

SPRK: SPRKs mission is to make the global food supply chain food-waste-free by turning millions of tons of surplus food into a sustainable impact venture. SPRK's AI-powered online distribution platform matches food oversupply with local demand, reducing food disposal costs and CO2 emissions while making more food available in cities.

Through its global startup competition, XTC provides startupsthe potential for global visibility, the ability to raise capital, network with global entities (corporations, VCs, partners), and gain mentorship opportunities they need to pioneer technological breakthroughs and help power a sustainable future. It connects the innovators with a network of investors, corporations, and mentors to help them raise capital, launch corporate collaborations, and scale their world-changing startups.

On July 15, XTC's Global Finals will be live-streamed. Its your chance to hear how these winning startups will wow apanel of world-class investors and corporate executives.Register here

Want to make your startup journey smooth? YS Education brings a comprehensive Funding Course, where you also get a chance to pitch your business plan to top investors. Click here to know more.

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XTC Global Finals: These 7 startups, selected out of 2400 global applicants, are solving the world's most extr - YourStory

Stream It Or Skip It: ‘The Nest’ On Acorn TV, Where A Couple Employs A Troubled Teen As A Surrogate With Predictable Problems – Decider

Written by Nicole Taylor,The Nest was one of BBC Ones highest-rated dramas of the year when it aired in the UK in the spring, and its not hard to see why. The five-part limited series promises to have lots of twists and turns, and it involves a story anyone trying to have kids later in life can relate to. But does the show earn its twists and turns?

Opening Shot: Nighttime scenes of Glasgow, then we see a woman driving in the city, looking for a street.

The Gist: Emily and Dan Docherty (Sophie Rundle, Martin Compston) seemingly have it all; hes a very successful businessman, and shes a music instructor. They live in a beautiful waterfront house outside Glasgow. But one thing has eluded the couple for the length of their marriage: the ability to have children.

Theyve tried everything, fertility treatments, IVF, surrogates. Dan wont adopt because he doesnt want the baggage that kids in the UK foster system come with. But things seem to be shaping up; theyre thinking about baby names as Emily looks for a recital shes supposed to go to. When she turns into a parking lot to get her bearings, though, a young woman runs into the front of Emilys Land Rover and gets knocked down.

The girls name is Kaya (Mirren Mack), and the 18-year-old was so angry with an older guy James (James Harkness), that she threatened him with a broken bottle. Emily offers to take her to get her injured knee checked out, and while driving, Kaya seizes and opportunity and takes a business card Emily had in the ID slot on her briefcase. She begs off the hospital visit and goes back to her apartment, where James, her social worker, is waiting. He brings things for her apartment like a toaster, which she hurls off the roof after he leaves.

The next day, Kaya shows up at the music school where Emily works, he knee in even worse shape. When Emily drops Kaya off at the hospital, she tells the girl to go see her sister-in-law Hillary (Fiona Bell). While Hillary is checking out Kaya, though, she starts bleeding out. When Kaya sees Emily and Dan running into the ER later on, she follows them and finds out that Hillary was carrying the Dochertys child and she just suffered a miscarriage.

Kaya gets an idea, and she tells Doddy (Paul Brannigan), a neighbor that seems to take a liking to her, that shes an entrepreneur. She seeks out Emily again and has a proposal: She should be a surrogate for them. The Dochertys are down to their last embryo, which is fueling Emilys desperation. She agrees to hear Kaya out, and Kaya thinks doing this will change both their lives, as itll be the first time someone was grateful to her.

Emilys convinced, but still needs to convince Dan. Dan is rightfully skeptical, and tries to pay off Kaya to go away, which Doddy happens to witness. Emily and Dan meet Kaya for dinner, and what Kayas proposal is that, even though they cant pay her a flat-out fee for being a surrogate, which is illegal in the UK, Dan can invest 50,000 in whatever new business she creates. He scoffs at the notion, but at a certain point he realizes how distraught Emily is over the child situation. He even gets to the point where he gets his attorney Souter (David Hayman) to investigate.

But when the fertility clinic tells the couple that Kaya is too young to make this decision properly and that they should wait a year, Dan is relieved. But Emily still wants Kaya in their life. This leads the couple to make a decision thats going to flummox both James and Dans sister Hillary.

Our Take: The twists and turns of The Nests first episode are set up by a lot of seeming coincidences and what the therapist that talked to Kaya and the Dochertys about this arrangement called a lot of magical thinking. Kaya couldnt have known that Emilys Land Rover was going to wind its way into the parking lot of her building as she was confronting James. But it does feel like she was maybe waiting to find a wealthy benefactor in one way or another. Once she saw Emilys conveniently-placed business card, though, her plan was starting to hatch in her brain.

Thats when the coincidences really started to happen. Emily suggests that Kaya see Hillary, Hillary happens to miscarry while examining Kaya, Kaya happens to see the Dochertys run into the ER, and then she magically convinced Emily that this arrangement can work. The fact that Dan was so vehemently opposed to this felt like the most normal part of this entire first episode. Hes right; who the hell is this girl and why is she willing to carry their embryo at such a young age?

But Macks performance as Kaya even started convincing us that she has good intentions under her very business-minded exterior. Shes been in the system for years, her mother having died when she was young, and she still thinks people underestimate her, even though shes now technically an adult. Instead of college or going the way everyone thinks she should go, Kaya thinks that shes found a way to a career and financial independence. So what if it means shes renting out her womb? So thats an issue that will be interesting to explore.

Another intriguing aspect of this series is that it may not just be that Emily and Dan become victims to some sort of con. Kaya may indeed want to carry their child, even if its just to have someone in her life doting on her for nine months. But we know something about Dan is shady; he did jail time when he was young and he said he cleaned up his act, but hes also got a lot of power and influence in Glasgow, and hell do anything to make Emily happy.

All of these twists that were set in motion by this first episode are interesting enough to forgive all the coincidences that set things in motion. We just wish Taylor would have gotten there a bit more organically.

Sex and Skin: Nothing.

Sleeper Star: Fiona Bell will play a big part in this series, as it seems that Hillary has a very close relationship with her brother Dan. But even though shes the voice of reason in this scenario, it seems that Emily will hold more sway on Dan, at least at first.

Most Pilot-y Line: Doddy seemed to only be there as an impediment, and a minor one at that. But his death will likely come back to haunt Kaya and the Dochertys soon enough.

Our Call: STREAM IT.The Nest is twisty enough to keep our interest, but we just wish the first episode didnt have so many eye-rolling coincidences.

Joel Keller (@joelkeller) writes about food, entertainment, parenting and tech, but he doesnt kid himself: hes a TV junkie. His writing has appeared in the New York Times, Slate, Salon, VanityFair.com, Playboy.com, Fast Company.com, RollingStone.com, Billboard and elsewhere.

StreamThe Nest On Acorn TV

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Stream It Or Skip It: 'The Nest' On Acorn TV, Where A Couple Employs A Troubled Teen As A Surrogate With Predictable Problems - Decider

Is it worth looking for a partner on the Internet? – Australian Times

Despite the fact that life becomes more comfortable and safer every year, some of its aspects have become more difficult for us. The search for a partner, sadly, is on this list.

It is not so easy to approach a girl you like on the street and get to know her so that you are not considered a stalker or simply an unwanted violator of personal space. Girls, on the other hand, in pursuit of career and financial independence, often put their personal lives on hold until better times. And when this time comes, the question arises: how do you find your love when high school and college romance is gone, and almost all colleagues already have their partners?

At such moments, we remember that there is online dating. Many people, for some reason, still consider this a sign of despair, rather than a completely normal alternative to offline dating.

Surprisingly, such information was obtained in the course of a study in 2020. To be more precise: not just the majority, 70% of couples meet online. Ten years ago, there were only 20% of them which means that people quickly appreciated all the advantages of this method of finding a partner.

For obvious reasons, during the pandemic, the number of users of dating services has increased dramatically. Even those men and women who preferred live communication went online during self-isolation. According to researchers, 82% of single people today use dating websites to search for relationships. At the same time, 72% of those who seek love believe that a relationship formed in this way is even more successful than an offline one.

The easiest way to find out about interests is through online communication. It is obvious that if you are a guy and a girl in the same company or if you go to the same store, you may not have a lot in common. No matter how many poets and writers tell that opposites attract each other, common life goals and objectives, similar interests in films or musical groups simplify the relationships of any couple.

Therefore, it would be nice to know what the person you like is interested in and what he/she dislikes, right? This is one of the main advantages of dating websites and similar platforms.

When registering, everyone (except the lazybones) fills in the data in his or her account listing what he/she likes and dislikes, the place of work, what he/she watches and listens to, what he/she is fond of. In addition, many services offer advanced personality testing for the effective selection of a partner. That is, you have access to extensive information about a person before you even start talking for the first time.

This is almost impossible in everyday life. It is only possible if your girlfriend or sister thoroughly knows the candidate, but this, unfortunately, does not happen often.

To find out the maximum information about a person and his/her interests before communicating directly is much easier online than offline. Thus, you can significantly increase comfort and mutual understanding in future relationships.

If the thought of registering on one of the thousands of dating websites still does not make you feel enthusiastic, why would you limit yourself? You have millions of thematic communities in social networks to choose from, numerous forums and even special services for finding a friend by correspondence (the result of your communication is entirely up to you, the service itself does not limit it in any way).

Or maybe you do not mind hanging in some online MMO? Nothing brings us closer than shoulder-to-shoulder battles and common victories. Of course, when registering, no one prefers to fill out questionnaires and the character often has nothing to do with the real personality of the player, but at least the general interest is already obvious. By the way, often active players arrange meetings in real life, where you can get to know your teammates and associates.

Do not abandon the very concept of finding love on the Internet just because you are not fond of dating websites.

The answer to this question is unequivocally positive. And there are a lot of ways and tools to find it. Do not think of this as a desperate measure. Its just a different view of the same situation.

Free yourself from fears and stereotypes they often prevent us from finding happiness. Remembering the words of a famous song, we would like to say that love is not only in the air, it surrounds us in the real and the virtual world.

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Is it worth looking for a partner on the Internet? - Australian Times

From Chingari to Mitron TV TikTok clone apps in India are now aggressively hiring to handle the user surge – Business Insider India

The Indian founders even called this the atmanirbhar moment for Indias entrepreneurs."This is the digital atmanirbhar moment that most Indians have been rooting for, said Naveen Tewari, founder and CEO of InMobi Group which owns Roposo.

Indian entrepreneurs believe with this, Made in India apps will get a boost as they wont be fighting with Chinese companies, who have the cash to spend and build a userbase. The move can be hugely beneficial for Indian companies considering the potential Indian startups have in terms of creating our own TikTok, We Chat, Baidu. Many others are all poised to make it big with the scale our country provides and absence of Chinese competitors with deep pockets, Sandeep Singh, founder and president, Khabri.

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The company said that it has continued its hiring activities even during lockdown and 3 new members have joined during lockdown phase while 2 more will be joining next month.

Simultaneously, the company has aggressive hiring plans in technology teams across Android, AI and ML roles with remote interactions. We took lockdown and its consequences as an opportunity to interact with some extraordinary talents and explore the synergies to join us on our mission to enable Bharat to transform social capital to financial independence through short videos in regional languages. We did not do a single lay off, and continue to strengthen the team with the right fits who share the same passion, ambition and motivation, said Saxena. Advertisement

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From Chingari to Mitron TV TikTok clone apps in India are now aggressively hiring to handle the user surge - Business Insider India

Once on the verge of energy independence, U.S. may have passed peak oil production – Financial Post

He also called for an end to flaring in the shale patch. Parsley was among the top 20 natural gas flarers by volume in Texas, according to a report this year from the states oil and gas regulator. But Gallagher said it had reduced the practice a huge source of carbon emissions to less than 1 per cent.

From that perspective, some healthy regulation would, over time, probably benefit the industrys reputation, he added, potentially helping to lure environment-focused investors back to the sector.

You want to be behind a company that makes this a priority, he said.

(The shale sector has) not been gifted with discipline

Matt Gallagher, Parsley Energy chief executive

Capital markets have largely closed to shale producers in the past year as investors fled a sector that became famous for world-beating production growth but an inability to repay debt.

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Once on the verge of energy independence, U.S. may have passed peak oil production - Financial Post

100 days on from Megxit, have Harry and Meghan got what they wanted? – Yahoo Sports

At the end of March, 100 days ago, Prince Harry and Meghan Markle formally ended their time as senior royals.

The couple had carried out hundreds of engagements and a handful of royal tours abroad, but decided they wanted to pursue their own path, seeking financial freedom and the ability to live in North America for some of the time.

They remain members of the Royal Family of course, keeping their titles of the Duke and Duchess of Sussex and choosing to stop using their HRH stylings.

In a world in the grips of the coronavirus pandemic, much of what they hoped and planned to do has been put on hold.

So what did they want, and what have they got in 100 days? And how does the Royal Family look without them?

In a statement on their website when they stood back, they said the move to be private individuals will remove the supposed public interest justification for media intrusion into their lives.

The couple moved to Los Angeles, the duchesss hometown, in late March, which is known to be a city where it is hard to escape paparazzi.

They have found themselves the subject of intrusive photos, with drones flying over their home and photographers walking along a path which looked into their garden.

But the lockdown may have helped them, as they have to carry out much of their work from home, and can choose limited places to go to. For example, they released images through the Homeboy Industries charity after volunteering there.

The duchesss ongoing court battle with the Mail On Sunday and the MailOnline does mean they continue to attract press, and they are having to reveal some information they perhaps would not want to.

The couple had hoped to use Sussex Royal as their brand when they left their senior royal roles, but they had to agree not to use the word royal in any jurisdiction.

Harry and Meghan had built up a huge following on their Instagram account, but they might have to start again when they launch Archewell, their new non-profit.

The name Archewell comes from the Greek word Arche, which means source of action. Its also the inspiration for their son Archies name.

The couple did not get to use the brand they want, and due to the pandemic, are having to bide their time on launching their new non-profit too.

But with their loyal following, they are likely to pick up plenty of support when they launch.

Read more: Why are Prince Harry and Meghan Markle stepping back as senior royals?

The couples main reason for stepping back was to achieve financial independence, and not rely on the public purse for their income.

As senior royals, about 5% of their annual income was from the Sovereign Grant the money paid by the taxpayer to the Royal Family to fund their duties, their travel and other expenses.

The rest of their money came from the Prince of Wales, Harrys father, who funded them through the Duchy of Cornwall.

A hundred days on, Harry and Meghan have signed up as speakers with an agency in New York, who have the likes of Barack and Michelle Obama on their books.

Harry and Meghan are signed up as speakers with a New York agency. (Getty Images)

They appear though to have mostly been working with their charities patronages set up while they were royals and so while they dont represent the Queen on those, it also doesnt give them any income.

Security is costing the couple 7,000 a day, according to reports last month, as they inherited a firm which was being used at the home theyre living in in California.

They have said they are meeting this privately, but its not known exactly how.

Harry and Meghan wont be the only people whose plans for financial independence are on hold because of coronavirus.

The couple intended to split their time between North America and the UK, keeping their home in Windsor at Frogmore Cottage.

Story continues

They were living in Canada, on Vancouver Island, but moved to LA just before the border between the US and Canada was closed to prevent the spread of coronavirus.

The move was met with some criticism, because Canada is part of the Commonwealth, and so basing themselves there reflected the commitment they had made to the organisation.

They cant move freely between the two nations at the moment because of the coronavirus restrictions, but are paying a rental plus monthly fee on their home in Windsor so that they can keep it as their home and also pay off some of the renovation costs.

It means we could still see the couple and their son back in Britain when travel restrictions ease.

Harry and Meghan were living in Canada before they moved to the duchess's hometown. (Getty Images)

When Harry and Meghan first announced their plan, they said they hoped there would be a way for them to continue to represent the Queen, while also being financially independent.

They were told that would not be possible, but they were allowed to continue with many of the patronages they were given when they were senior royals.

Nothing they do now is on behalf of the Queen or the Royal Family.

While that is in contrast to what they said they wanted, it could be helpful that they have a new found freedom and they have been more outspoken that might be expected from working royals.

Both of them have spoken about racial injustice and racism in society, and have even appeared to criticise the Commonwealth and its history in a way they may not have felt able to if they were representing the Queen directly.

The couple don't carry out engagements on behalf of the Queen anymore. (Getty Images)

The couple said in January that they no longer wanted to work through the royal rota, the name given to a group of newspapers and broadcasters through which the Royal Family has engagements covered and shares news.

Since they stepped back, Harry and Meghan took the decision to cut off several of the papers who are on the rota, including the Daily Mail, and The Daily Mirror.

They wrote to the editors of four tabloid papers, to tell them they would no longer work with them, accusing them of basing stories on lies and writing for clickbait.

Its not something they would have been able to do if they were still senior royals.

It hasnt stopped those papers writing stories about them, but it has allowed the couple to deal directly with other media outlets.

There are some Royal Family members who have been more visible since the Duke and Duchess of Sussex stepped back, but no new names have been added to the working royals list.

Its long been said that Prince Charles has wanted to slim down the monarchy, and he may have got his wish in ways he had not foreseen when his second son said he wanted to step back as a senior royal.

The Countess of Wessex and her husband, Prince Edward, were already working royals, but they have moved more to the forefront of royal duties, with Sophie being seen in public frequently during the pandemic.

As the youngest of Charless generation of royals, Edward and Sophie were well placed to carry out engagements during coronavirus because they did not need to shield.

And as a confident and engaging public speaker, with a track record on speaking out against sexism and gender based violence, Sophie could find herself filling the role Meghan may have wished to take.

Family members like Sophie Wessex have been more visible since Harry and Meghan stepped back. (Getty Images)

The Queen made clear in her statement when she reached an agreement with Harry and Meghan that they would remain a valued part of my family.

She showed that would be the case when she invited the couple and their son Archie to spend some of their summer with her in Balmoral.

They accepted, and it is thought were planning to return to the UK for other events, like the Trooping the Colour, throughout the last few months.

However, its coronavirus that has put an end to that.

When the Queen celebrated her 94th birthday, she got a video call from Harry, Meghan and Archie in LA.

Whatever happens, the trio will still be members of the Queens family.

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100 days on from Megxit, have Harry and Meghan got what they wanted? - Yahoo Sports

Joint lives maintenance orders: are they dead? – IBB Law – IBB Solicitors

On the breakdown of a marriage, it is common for one party to be ordered to pay regular payments, known as periodical payments or spousal maintenance, to the other party who has less or no income with which to support themselves following the separation. These payments are usually made on a monthly basis to support the transition for one spouse to financial independence and effectively result in a clean break being (no ongoing financial relationship) deferred until this support also terminates. The payments can be made for a defined period of time, for example 3- years or as is most common. until the youngest child turns 18 or ceases full-time secondary education (depending upon the ages of the children at the time). The rationale here is that at this time the party in receipt of the income is able to enhance their income more easily as they will not be held back by looking after the children, and will not have the cost of the children as they are considered adults at the age of 18 and therefore independent.

Another option for the Court in financial remedy cases in the past was something called a joint lives order. These allowed for the income to be paid by one party until the death (or in some cases retirement) of the other. Over recent years, there has been a noticeable move away from joint lives orders which can be lengthy and onerous. In recent years, the Court is certainly less willing to support this type of order than they were in the past and prefer to achieve a clean break for both parties as soon as possible. This involves both parties having to become financially independent and support themselves.

The case of Mills v Mills 2018 UKSC deals with cross-appeals by both parties regarding the variation of periodical payments, which had been ordered on a joint lives basis. The parties had divorced after a marriage of 15 years and resolved the financial issues by way of a consent order, in which it was agreed that the husband would make periodical payments to the wife at an annual rate of 13,200 due to the wifes lower earning capacity and ill-health. The husband appealed this aspect of the order on both the amount that he was ordered to pay and the term over which he was to pay this. The husband requested that this was capped at 10 years. The wife cross appealed that the amount should be increased, as she had incurred considerable debts since the divorce. As the wifes outgoings had increased due to choices she had made, the Judge declined to vary the order for periodical payments either upwards or downwards. As no fixed period could be identified that would allow the wife to adjust without undue hardship to the termination of income, the Judge held that the original order should remain. The payments were to continue at the same rate on an open-ended basis.

This was an approach that was adopted widely by the Family Court when dealing with cases involving a disparity between the parties income position and a justification as to why one party would not be able to enhance their income in the short term.

In a significant departure from the Mills V Mills previously known as the case that offered a meal ticket for life, the husband in the recent case of Waggott v Waggott 2018 EWCA successfully argued that a joint lives maintenance order should be capped to a non-extendable period of 3 years. Lord Justice Moylan held that the Judge in the first instance had failed to give proper consideration to the clean break principle and the wife would be able to adjust without undue hardship as she had substantial liquid capital of approximately 9.6 million to utilise as income.

Since the case of Waggott v Waggott, there has been a continued shift towards non-extendable terms for maintenance to encourage the receiving party to re-enter the workplace and become financially independent.

In April 2019, Lady Hale stated that she saw the goal of divorce settlements as being to give each party an equal start on the road to independent living. Each case will turn on its own facts, however it seems likely that joint lives orders are soon to be a thing of the past.

In summary, although there are often a range of issues in dealing with whether maintenance payments are justified and if so, the quantum and period over which the income is to be paid, one factor is at least clear. The Court is far less likely to consider it attractive to have an ongoing financial relationship between the parties for any length of time, if at all. The emphasis is now on how best to achieve a clean break for both parties as soon as is practicable. This could require one party having to enhance their income and earning potential sooner rather than later.

IBB Laws family law practice can provideexpert advice on all family law issues. To contact the family law team please email familylaw@ibblaw.co.ukor call03456 381 381.

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Joint lives maintenance orders: are they dead? - IBB Law - IBB Solicitors

Why is Notre Dame not in a conference? Four reasons why the Irish remain independent in football – Sporting News

Why won't Notre Dame's football program join a conference? Why does it insist on remaining independent while other Notre Dame athletic programs compete in the ACC? These questions are asked on a perpetual basis, especially in the context of scheduling and College Football Playoff debates. But Notre Dame's football program has a simple reason for remaining independent.

Because it can.

Some might call it opportunistic business. Others might call it arrogance. But the truth is Notre Dame football's brand is strong enough to warrant national attention every year, and the program knows it. NBC knows it, too, which is why the cable network broadcasts all Fighting Irish home football games and reportedly pays Notre Dame $15 million per year for the rights.

But Notre Dame would earn more money if its football program joined a conference, so finances are only part of the school'sreasoning when it comes to its football program's independence. The status is not going to changeanytime soon for the following four reasons.

MORE: What if Notre Dame had joined the Big Ten?

In 1991, Notre Dame signed a five-year, $38 million television contract with NBC so the network could broadcast all Fighting Irish home games. Notre Dame at the time was three years removed from its 11th national championship. Coach Lou Holtz was entering his sixth season in South Bend. NBC wanted to tie itself to such a powerful brand.

Almost 20 years later, the only thing that has changed is the amount of money NBC is handing over to Notre Dame for the right to broadcast its home footballgames. In 2013, NBC announced a new, 10-year contract with Notre Dame that would begin in 2016 and run through 2025. The school reportedly gets $15 million per year in the deal.

According to ESPN, Notre Dame at the time said it wouldcontinue using the revenuefrom the NBC contract to fund itsfinancial-aid endowment for the general student body (not including athletes), and that since 1991, more than 6,000undergraduates hadreceived almost$80 million in aid generated by the TV deal. Per the report, Notre Dame also uses the TV moneyto supportdoctoral fellowships in its graduate school and MBA scholarships in its Mendoza College of Business.

While it does not completely add up, the TV money helps cover what Notre Dame football would earn from a Power 5 conference payout. The ACC in 2019, for example, reportedly distributed an average of $29.5 million to its 14 schools based on its$465 million revenue (the least of the Power 5 conferences). Notre Dame received just $7.9 million.

"There is no financial advantage to Notre Dame being independent in terms of operations, Notre Dame athletics director Jack Swarbricktold The Athletic last year. "It costs us money. We would be much better off all in with the ACC or any Power 5 conference.

"But it is the broader value it produces. And this is the dynamic thats always a bit hard to articulate and engage in for the fans just focused on whether youre going to win the national championship. That is very important to all of us, but the decisions we make dont just drive to that question.

One small financial advantage to Notre Dame football remaining independent, though, is the fact thatthe College Football Playoff awards a base amount of money to independent programs regardless of whether they make the Playoff, and Notre Dame gets the most. According to Business of College Sports, Notre Dame was awardedmore than $28 million over the first five years of the CFP while participating in thePlayoff only once.

In 2018, Forbes listed Notre Dame as the seventh most valuable college football team with a revenue of $112 million and a profit of $72 million.

The program is doing just fine financially as an independent.

With its all-but-football deal in the ACC, Notre Dame football doesn't get the same conference revenue share otherprogramsget. But it also is not obligated to play what otherwise might be a boring (and in many cases, weak) schedule almost completely full of ACC opponents.

Notre Dame is obligated to play just five ACC opponents per year, and the rest of the schedule is, for the most part, a blank slate of possibilities. Last year (and in 2017) the Fighting Irish played Georgia. They've renewed their rivalry with Michigan over the last couple seasons. Texas and Oklahoma have clashed with Notre Dame in the last decade. Therivalry games with USC,Stanford and Navy are protected.

This is a great deal for Notre Dame football fans, who don't have to watch their team play the same eight or nine teams every year. And Notre Dame football deserves credit for generally scheduling tough opponents in those open, non-ACC slots.

The TV networks love this, too. ESPN/ABC routinely broadcasts Notre Dame away games because of the ratings draw the program is, and those ratings are amplified when the Fighting Irish play in big games. Last year's Notre Dame-Georgia game was such a big deal toCBS, the networksacrificedits onlyprime-time window of the seasonto show the game at 8 p.m. ET and forced itself tobroadcastLSU-Alabama in its 3:30 p.m. ET window later in the season.

Notre Dame vs. Georgia ended up being the second-highest rated game of the regular season followed by, of course, LSU vs. Alabama.

When Notre Dame reached the BCS championship game in 2012, it was aided by a win at No. 8 Oklahoma in late October. When Notre Damereached the College Football Playoff in 2018, wins over No. 14 Michigan and No. 7 Stanford boosted the team's resume. The Fighting Irish might not have had title chances either year had the programscheduled cupcakes.

Notre Dame football gets (almost) all of the benefits associated with playing in the ACC. And the ACC gets (almost) all of the benefits of such a high-profile programbeing part of its conference. Thismarriage, established in 2014, is built to last.

And barring any unforeseen circumstances, it is a marriage that is contractually obligated to last. Three years ago, the ACC announced an extension of its football agreement with Notre Dame that will last through at least 2037.

The advantages for Notre Dame are simple: It gets a portion of ACC revenue, participates in the conference's bowl tie-ins and, perhaps most importantly, preserves its football independence.

The advantages for the ACC are equally simple: It gets the TV ratings and attendanceboosts associated withNotre Dame away games, and if Notre Dame were to give up its football independence, it would be obligated to join the ACC.

"Based on my background, I realized Notre Dame probably wasnt going to go all in (with the ACC), North Carolina athletics director Bubba Cunninghamtold The Athletic when asked about the conference's acceptance of Notre Dame without football. Theres essentially three reasons why, and as long as those three reasons are there, they dont need to.

"They need to have access to the (national) championship. They need to maintain a television contract. They need a place for their Olympic sports in a competitive league. If they have those three things, theyre going to maintain their independence.

"If any one of those three are not available, theyll have to reconsider.

Notre Dame considers itself a national school with a national footprint. Likewise, and as the TV ratings prove, Notre Dame football is a national brand. So preserving that broad relevance is important for a program that doesn't want its games confined to one region.

Swarbrickis proud to say no other college football team has played in Los Angeles, Chicago andNew York in the same season, and that Notre Dame has done it nine times.

"Thats the role football has to play at Notre Dame, Swarbricktold The Athletic. "Thats how we contribute to help uniquely position this university."

AddedJohn Baumer, a Notre Dame alum and donor who is a senior partner at a private equity firm in California: "It is a little bit of the United Nations in South Bend, which is great, because its very different dynamic than other schools. Regardless of where you live in the country, theres a good chance, because of that independence, youre going to see Notre Dame rolling through every year, every few years.

"That keeps people proud of their institution, and youd lose that if youd go into the Big Ten or the ACC. It would be such a regionalized schedule that I think that would make it tougher to maintain those relationships with the alumni deep into their careers, especially later in their careers when theyre more in the mode of giving back. I think thats critical.

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Why is Notre Dame not in a conference? Four reasons why the Irish remain independent in football - Sporting News

Why the Royal Family could become ‘500 million’ richer – Evening Standard

The hottest luxury and A List news

An in-depth investigation into the Royal Familys finances has projected the monarchy could become 500 million richer in the future, due to assets relating to the Sovereign Grant.

Currently, Royal Family members are supported by a number of revenue streams including the Duchy of Cornwall, Duchy of Lancaster, and the Grant. The money from the Sovereign Grant is where the 500m increase is predicted to come from.

Funds for the Grant come from 15% of annual profits earned by the Crown Estate, a land portfolio handled by a third party that includes significant areas such as Regent Street and much of the British coastline.

According to an investigation by Tortoise, the British governments intentions to expand renewable energy operations could see the royals earn millions as offshore wind farms would be built on the coastline - i.e. on Crown Estate property. As a result, those businesses would have to pay rent to the Estate.

(Getty Images)

Speaking to Tortoise, Energy & Climate Intelligence Units Dr. Jonathan Marshall said: The total cumulative annual revenue from all [windfarm] projects that are currently under construction, or that could be built, is 8.4 billion. The Crown Estate would take two per cent of this as rent, or 168 million a year.

Marshall estimated that the Crown Estate could make 2.52 billion as a result and as the royals derive 15% from that, they could pocket 500 million - despite having nothing to do with the windfarms themselves.

(Getty Images)

The Tortoise investigation also found that since the 2008 financial crisis, royal finances had ballooned as a result of the introduction of the Sovereign Grant Act in 2011. The report discovered that the Royal Family had more than doubled its earnings between 2008/2009 and 2020, a dramatic shift from 63.5 million to 142.4 million per year today.

Beyond the Sovereign Grant, the Queen also earns money from the Duchy of Lancaster, while Prince Charles derives funds from the Duchy of Cornwall - funds which are also used to support his children Prince William, Prince Harry and their families.

(PA)

Although Harry and Meghan have stepped down as senior royals and plan to become financially independent, they are still supported by Prince Charles through the Duchy of Cornwall for the time being.

The Sussexes wrote on their official website Sussex Royal that they no longer receive funding through the Sovereign Grant, thereby making them members of the Royal Family with financial independence.

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Why the Royal Family could become '500 million' richer - Evening Standard

Independence Realty Trust Announces Second Quarter 2020 Earnings Release and Conference Call Dates – Business Wire

PHILADELPHIA--(BUSINESS WIRE)--Independence Realty Trust, Inc. (NYSE: IRT) (IRT) today announced that it expects to release its second quarter 2020 financial results after market close on Wednesday, July 29, 2020, and will hold its quarterly results conference call on Thursday, July 30, 2020 at 9:00 a.m. Eastern Time.

The live conference call can be accessed from the investor relations section of the IRT website at investors.irtliving.com or by dialing 1.844.775.2542, access code 9172655. A replay of the conference call will be available shortly following the live call on the investor relations section of IRTs website and telephonically until Thursday, August 6, 2020 by dialing 1.855.859.2056, access code 9172655.

About Independence Realty Trust, Inc.

Independence Realty Trust (NYSE: IRT) is a real estate investment trust that owns and operates multifamily apartment properties across non-gateway U.S. markets, including Atlanta, Louisville, Memphis, and Raleigh. IRTs investment strategy is focused on gaining scale within key amenity rich submarkets that offer good school districts, high-quality retail and major employment centers. IRT aims to provide stockholders attractive risk-adjusted returns through diligent portfolio management, strong operational performance, and a consistent return on capital through distributions and capital appreciation. More information may be found on the Companys website http://www.irtliving.com.

Forward-Looking Statements

This press release may contain certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such forward-looking statements can generally be identified by our use of forward-looking terminology such as will, strategy, expects, seeks, believes, potential, or other similar words. Because such statements include risks, uncertainties and contingencies, actual results may differ materially from the expectations, intentions, beliefs, plans or predictions of the future expressed or implied by such forward-looking statements. These forward-looking statements are based upon the current beliefs and expectations of IRTs management and are inherently subject to significant business, economic and competitive uncertainties and contingencies, many of which are difficult to predict and generally not within IRTs control. In addition, these forward-looking statements are subject to assumptions with respect to future business strategies and decisions that are subject to change. Risks and uncertainties that might cause IRTs actual results to differ materially from those expressed or implied by forward-looking statements include, but are not limited to: risks related to the impact of COVID-19 and other potential future outbreaks of infectious diseases on the financial condition, results of operations, cash flows and performance of IRT and its tenants as well as on the economy and real estate and financial markets; changes in market demand for rental apartment homes and pricing pressures, including from competitors, that could limit our ability to lease units or increase rents or that could lead to declines in rent; uncertainty and volatility in capital and credit markets, including changes that reduce availability, and increase costs, of capital; inability of tenants to meet their rent and other lease obligations; legislative restrictions that may delay or limit collections of past due rents; risks endemic to real estate and the real estate industry generally; the effects of natural and other disasters; delays in completing, and cost overruns incurred in connection with, our value add initiatives and failure to achieve projected rent increases and occupancy levels on account of the initiatives; unexpected costs of REIT qualification compliance; costs and disruptions as the result of a cybersecurity incident or other technology disruption; and share price fluctuations. Please refer to the documents filed by the Company with the SEC, specifically the Company's Annual Report on Form 10-K for the year ended December 31, 2019, as it may be updated or supplemented in the Company's Quarterly Reports on Form 10-Q and the Company's other filings with the SEC, which identify additional risk factors that could cause actual results to differ from those contained in forward-looking statements. IRT undertakes no obligation to update these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events, except as may be required by law.

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Independence Realty Trust Announces Second Quarter 2020 Earnings Release and Conference Call Dates - Business Wire