News 

3 questions I ask myself to make sure I’m getting the best deal on renters insurance

“I’ve had the same renters insurance policy for six years, even though I’ve moved about five times” writes Megan Dematteo for businessinsider.com. One interesting thing to note about Progressive is that, if someone has a Progressive auto insurance policy, they are eligible for a discount for renters insurance.A quick look at Policygenius offers me a policy with a higher premium, at $25 per month, but with $5,000 more in coverage.I was able to compare multiple insurance providers through Policygenius, but I figured I’d check out another insurer as well, just…

Read More
News 

Get rid of lunch debt, Elizabeth Warren says, pointing to N.J. district’s ‘cruel’ policy

“School officials recently refused an offer from a local supermarket chain owner to pay the delinquent lunch debt, according to published reports” writes Bill Duhart for nj.com. Cherry Hill officials have forgiven more than $25,000 of delinquent payments in previous years before the debt rose again.Cherry Hill adopted the new lunch/breakfast plan earlier this month after initially considering cutting off meals if kids reached $20 or more of food debt.The district had $14,343 in meal debt in the last school year from more than 300 students who owed more than…

Read More
News Regulators Reviews 

Policy Daily Review October 22, 2019

Policy Daily Review for October 22, 2019 U.K. House Speaker Bercow rejects government bid to hold a new Brexit vote U.K. House of Commons Speaker John Bercow said Monday afternoon that Prime Minister Boris Johnson cannot hold a new Brexit vote, saying it “would be…   Canada’s Prime Minister to form minority government – CBC projection Canadian Prime Minister Justin Trudeau’s Liberals will form a minority government, according to CBC News’ latest projection. The Liberals will be able   USD/CAD trims losses as Canadian TV projects a win for the…

Read More
News 

EU says that Italy draft budget is not in line with policy requirements

“The drama of Italy’s budget not being up to standard is once again becoming an issue in Europe” reports forexlive.com. However, markets are starting to become more desensitised on the matter but it does pose a minor risk to the euro and the bond market. At the moment, Italy isn’t the only country having issues with France’s 2020 budget plan also called into question as the commission is demanding for clarification as they view that the budget seems to be in breach of the rules. Source: forexlive.com

Read More
News 

South Korea’s third quarter GDP quarter-on-quarter growth seen slowing, no quick recovery seen: Reuters poll

“South Korea’s economy, the fourth-largest in Asia after China, Japan and India, is on track for growth of around 2% this year” writes Midwest Communications Inc for 95kqds.com. “The negative spillovers on the domestic economy could continue to spread in the coming quarters, requiring stronger fiscal and monetary policy support,” she added.In annual terms, third-quarter growth was expected to remain steady at 2.1% from 2.0% in April-June, according to the poll.SEOUL (Reuters) – South Korea’s economy continued to grow in the third quarter but at a slower pace than in…

Read More
News 

L.A. nonprofit promoted heavily by Garcetti faces uncertain future, audit says

“Youth Policy Institute has sent its audit to an array of fundraising sources, including the Weingart Foundation, which distributes grants to Southern California nonprofit groups” writes Staff Writer for latimes.com. Fred Ali, the foundation’s president and CEO, called the nonprofit’s financial predicament “extraordinary and troubling.” Ali, who has reviewed the audit, said the group’s financial liabilities significantly exceed its assets. Source: latimes.com

Read More
News 

Fact-check: Suburban legislator wrong in claim that 30% of the nation’s poor live in California

“During a conversation about the graduated income tax on a WCPT-AM talk show, a caller mentioned California in a positive light” writes Better Government Association for suntimes.com. In the thick of tax policy debates, Illinois politicians often point to other states to make their case.J.B. Pritzker, who is spearheading the push — about how states with graduated tax systems are functioning.While California’s poverty rate ranks among the nation’s highest, federal data show the state is far from being home to a third of the nation’s poor.It was a striking criticism…

Read More
News Regulators 

Bank of Japan’s Kuroda calls for mix of steps to boost economic growth

“But he said fiscal spending and structural reforms to boost an economy’s potential growth will help enhance the effect of monetary easing” writes Midwest Communications Inc for 95kqds.com. “In responding to significant downward pressure (on growth), a policy mix of monetary easing, flexible fiscal policy and steps to raise the natural rate of interest could be effective.”. The BOJ should examine financial functioning and make appropriate policy responses, so that the cost of monetary easing is reduced.”. “We are equipped with unconventional tool kits, so there is no need to…

Read More
News 

ECB’s Vasle urges fiscal policy action to boost economy

“LJUBLJANA (Reuters) – The current challenging global economic conditions demand broad macroeconomic policy actions in the euro zone and not just monetary policy actions, ECB Governing Council member Bostjan Vasle said on Sunday” writes Midwest Communications Inc for 95kqds.com. He said the IMF believed there were significant risks for a faster slowdown of global economic growth than expected so far.These include trade conflicts, uncertainties regarding Brexit and slower economic growth in China.He said present economic conditions indicate there will be a longer period of low interest rates, high liquidity and…

Read More