Loans For Women – Web Eclair Sat, 09 Oct 2021 13:00:00 +0000 en-US hourly 1 Loans For Women – Web Eclair 32 32 5 reasons ‘Squid Game’ dominates memes, streams, and Halloween Sat, 09 Oct 2021 13:00:00 +0000 Note: While this piece avoids the specific spoilers of the “Squid Game” storyline, it does provide a general overview of the story and its themes that could still be considered spoilers.

The Korean survival drama that’s set to become Netflix’s most-watched series of all time has spread its tentacles into sneaker and tracksuit sales, WallStreetBets memes culture, crochet patterns on Etsy ETSY,
and South Korean politics.

If you haven’t tuned in yet, the series sees hundreds of men and women on the verge of financial ruin face off in a deadly battle royale for around $ 38 million in cash. It’s dark. It’s annoying. And people can’t get enough of it. About 95% of “Squid Game” viewers watched the show from outside of South Korea, Netflix NFLX,
+ 0.13%
said, and the series was captioned in 31 languages ​​and dubbed in 13.

The uniforms worn by the “Squid Game” guards have become iconic and are popular Halloween costumes.

Youngkyu Park / Netflix

The show actually broke the internet in South Korea, with leading internet service provider SK Broadband suing Netflix for the surge in traffic resulting from “Squid Game,” calling on Netflix to pay the costs of the increased network traffic and maintenance work.

What else:

  • Google notes that research interest in converting Korean won to US dollars has reached an all-time high in the US, as US viewers researched the dollar equivalents of won amounts shared on the show to better understand. challenges.

  • “Squid Game” is Google’s most searched Halloween costume for 2021, with viewers also flocking to Amazon and Etsy looking for pieces to recreate the teal green tracksuits worn by gamers or the hot pink guard uniforms. White Vans slip-on sneakers similar to the ones players wear on the show have seen a 7,800% increase in sales since the show premiered on September 22, according to the exclusive supplier.

  • And a sweet honeycomb caramel known as dalgona featured on the show has become a worldwide craze, reports Reuters. Seoul dalgona The manufacturer who concocted the treat for “Squid Game” distributed less than 200 coins before the show. Now he serves over 500 dalgona one day. And Google reports that the search for Honeycomb Caramel (dalgona candy) hit a record this month in the United States

What’s odd is that all of those colorful Halloween costumes, TikTok challenges, shopping trends, and fun memes are inspired by one of the most distasteful shows of the year.

So why is everyone obsessed with “Squid Game” when it’s such a hard show to watch? Here are some key reasons.

He taps into the financial pain of the world right now

“Squid Game” sees men and women struggling with student loans and medical debts, owing money to loan sharks, or being exploited by their employers, who become so desperate that the lure of earning an estimated $ 38 million. overnight dollars outweighs the risk of personal injury or even death. The show also condemns capitalism and wealth inequality – the wealthy VIPs are the ones who fund games and watch human beings kill each other for sport.

Some are a little too much real, especially for the home audience. South Korea is in the throes of a debt crisis, and South Korean politicians have tried to capitalize on the buzz around the show to criticize each other or to supplement their stump speeches. In fact, “Squid Game” creator Hwang Dong-hyuk was so broke writing the script that he had to sell his laptop at one point for $ 675.

The striking visuals of “Squid Game” are also part of its appeal.


“In a way, ‘Squid Game’ can be seen as a microcosm of our society,” Areum Jeong, assistant professor of humanities at the Sichuan University-Institute in Pittsburgh, told MarketWatch. “Young people today feel discouraged and pessimistic about the unemployment rate and working conditions. While the older generation has been recognized and rewarded for their hard work, today’s younger generation tend to believe that your background and heritage (rather than hard work) is more important to being successful.

And as economies around the world grapple with the fallout from pandemic lockdowns and the pandemic’s toll on human lives, the get-rich-quick fantasy is more enticing than ever. “In the age of social media influencers and YouTubers, it seems like the conventional idea of ​​work (going to work 9-5) is devaluing, and more and more people are looking for ways (easier and faster) to earn money, “Jeong said.” In Korea, more and more people are becoming obsessed with the stock market and even Korean students are buying stocks nowadays.

The visuals and costumes are striking

Teal green tracksuits with white numbers sewn to the front. Bright pink hooded uniforms with black fencing masks stamped with triangles, circles and squares. An oversized robot doll with a warning glint in her eyes. The imagery of “Squid Game” is worth a thousand words, which is useful when the audience does not speak the same language.

“This show is full of easily recognizable images and symbols that are quite simple to reproduce, such as the square / circle / triangle shapes on the mysterious recruiting card, the show logo, player tracksuits, and masks and bright red the jumpsuit uniform the staff wear, “Pop Insider editor-in-chief Madeleine Buckley told MarketWatch.” This makes ‘Squid Game’ perfect fodder for fan tributes, social media challenges, cosplay and the goods. ”

The striking visuals of “Squid Game” are also part of its appeal.


Indeed, a quick search for “Squid Game” on Etsy retrieves nearly 8,000 listings, including t-shirts, tumblers, crochet patterns, stickers, jewelry, masks, and business cards inspired by ” Squid Game “. An Amazon AMZN,
research retrieves dozens of “Squid Game” Halloween costumes.

While most “Squid Game” products appearing on Amazon and Etsy are unlicensed, Netflix’s online store offers official “Squid Game” merchandise, including t-shirts and hoodies for $ 35. at $ 50.

And of course, there are the memes and gifs, as well as the TikTok challenges where people try to participate in some of the games featured on the show at home.

“Besides word of mouth, I’m sure a lot of people were interested in watching the show because of these catchy memes and the TikTok challenges posted by the ‘Squid Game’ marketing team and early viewers. “Jeong agreed. “And after these curious spectators watch the show, the striking costumes, objects and symbols all become references that they now fully understand and can appreciate on social media.”

He’s riding the K-Pop / Korean wave

“Squid Game” is a hit as Korean culture dominates the world. More than 20 words of Korean origin were added to the Oxford English Dictionary in September, including hallyu describing the increased international interest in South Korean entertainment and culture, aka the “Korean Wave”.

“The rise of Korean pop culture over the past decade, especially with K-pop groups like BTS, Korean movies like ‘Parasite’, and Korean TV series on Netflix, has really helped global audiences to take an interest in ‘Squid Game’. Jeong said. “And many recent Korean works that have been enjoyed by audiences worldwide (‘Parasite’, ‘Train to Busan’, Netflix’s ‘Sweet Home’, etc.) share a common theme in questioning what is humanity, especially how human dignity can be executed or preserved in dystopian contexts. A theme that viewers could resonate with, especially during the pandemic. ”

‘Squid Game’ is fresh, although it is another survival competition

Fictitious and deadly reality competitions have already been staged, from Stephen King’s “Running Man” films to “Battle Royale” and “Hunger Games” films. But “Squid Game” brings its own twists and turns. “Yes, we’ve seen other media where desperate people have to compete for resources (hello, ‘Hunger Games’), but the sheer brutality of this show coupled with the jarring and incongruous fact that these players are putting their lives on the line. in schoolyard games really draws you in, ”Buckley said.“ On top of that, the series presents so many mysteries and unknowns, which gives fans so much room to speculate and theorize while they’re watching.”

Indeed, the TikTok and YouTube videos confusing the clues and Easter eggs hidden in the early “Squid Game” videos encourage repeat viewing.

Plus – and another spoiler alert – players compete against each other in playground games familiar to many viewers and simple enough for a child to understand. “The childhood games featured in ‘Squid Game’ are not complex at all. Even if you are not Korean and have not played [some of] these games before, the rules are simple and very easy to understand, ”Jeong said. “The familiarity and simplicity of ‘Squid Game’ makes it easy for international viewers from different backgrounds to understand and enjoy the show, and participate in sharing popular memes or TikTok challenges.”

Buckley added that the universal appeal of “Squid Game” also stems from the questions it asks about what makes us human and what we would do to survive. “It appeals to some of the most overarching and universal themes of human beings: the desperation of wanting a better life, of being ready for anything for those you love, and of grappling with the moral implications of choices you make in the most difficult times. circumstances, ”she said. “No matter what language we speak, all of these factors make the show accessible and engaging for viewers around the world.”

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Commissioners award $ 2.5 million | News, Sports, Jobs Fri, 08 Oct 2021 09:49:25 +0000

YOUNGSTOWN – Mahoning County commissioners on Thursday awarded nearly $ 2.5 million of the county’s $ 44 million US bailout package to Mahoning Valley Partners and Meridian Healthcare.

The $ 2 million received by Valley Partners will be used to create a revolving loan fund for businesses in Mahoning County. The $ 453,000 granted to Meridan Healthcare will enable it to improve its facilities on West Chalmers Avenue on the south side.

The prices were approved at the regular weekly meeting of the commissioners at the courthouse.

The purpose of the US bailout funding is to help communities across the country recover from the COVID-19 pandemic.

Theresa Miller, executive director of Valley Partners, said the $ 2 million would be used to provide loans of up to $ 100,000 at low short-term interest rates.

“The interesting part about it is that we lend it. And as they pay it back, we can give it back, so the program will run in perpetuity and still be around 40 years from now to help those in need, even though they may or may not have been affected. by COVID, ”Miller says.

Anna DeAscentis, the county grants manager, who also assists commissioners with various federal stimulus programs, said the $ 2 million is expected to create or save about 80 jobs “and in perpetuity it could be – who knows? “

DeAscentis said loans can help a business stay open or grow, “whatever it needs.”

Miller said businesses can apply on the Valley Parters website, just like they did in previous loan programs.

In 2020, Valley Partners made 356 grants to small businesses in Mahoning County, for a total of $ 3.35 million in stimulus funds allocated to county commissioners. The organization also funded 280 Payroll Protection Program repayable loans for a total of $ 7.7 million.

The funds will “typically flow to existing small businesses, which are defined as for-profit businesses with annual sales of $ 1 million or less or meet the US Small Business Administration’s definition of small business,” according to a file. information provided by Miller. .

The business must provide documentation proving at least one of the following in order to demonstrate the negative effect COVID-19 has had on its business:

• A refusal letter from a financial institution;

• Evidence of reduced income. If the reduction is 10% to 24%, the borrower is eligible for a loan of up to $ 50,000. If the reduction is 25% or more, the borrower is eligible for a loan of up to $ 100,000.

• Some North American Industry Classification System industry codes identified by the SBA as underserved markets.

Meridian Healthcare received $ 453,760 on Thursday to continue renovations and upgrades to a former nursing home that is now a Meridian facility at 550 West Chalmers Ave. near Glenwood Avenue.

The establishment has 56 permanent accommodation rooms for formerly homeless people and people with addiction and mental health problems. It has 10 beds for homeless veterans, 16 beds for people requiring 24-hour detox, 16 beds for hospitalized men and 16 beds for hospitalized women.

It also has the only primary medical care practice in the neighborhood, said Larry Moliterno, president and CEO of Meridian. Meridian is also partnering with Mercy Health to provide a center for pregnant women struggling with mental health issues.

Moliterno said: “We have worked to support this neighborhood. So it will be used to update a lot of our security devices, a lot of our furniture and the air system to make sure it is more secure. The project is expected to be completed in the spring.

The county previously awarded Meridian $ 70,000 in CARES Act funding in August to help with Chalmers upgrades.

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]]> 0 CM Jagan launches second installment of YSR Aasara program Thu, 07 Oct 2021 12:50:00 +0000

Amaravati: Andhra Pradesh Chief Minister YS Jagan Mohan Reddy on Thursday kicked off the second installment of the YSR Aasara program distribution in Ongole, Prakasam district at PVR Boys’ High School.

The YSR Aasara is a program established by the AP government to improve the socio-economic status of economically struggling Self-Help Groups (SHGs) of women in rural and urban areas, and to strengthen women’s empowerment and support families in need.

The tranche was initiated by crediting nearly Rs 6,440 crore to the accounts of 78.76 lakh women belonging to 7.97 lakh SHG, a press release from Jagan Mohan Reddy’s office said. Under this program, the outstanding loans of SHG women, which amounted to Rs 25,517 crore (as of April 2019), will be directly credited to their accounts in four phases.

Women in self-help groups usually find themselves in a situation of vicious debt where borrowing and repaying loans taken out to support themselves, coupled with exorbitant interest rates, leaves no room for financial loss. savings or improving their quality of life.

Speaking on the occasion, the chief minister of the PA said that “the SGH groups that were included in the ‘grade A’ classification have dropped to the ‘grade’ and ‘grade C’ classification because their members could not not pay their debts and interest. Our government’s initiatives such as YSR Aasara, YSR Sunna Vaddi Pathakam and YSR Cheyutha are helping women in self-help groups to free themselves from their debts… ”

The AP government aims to help women in state self-help groups by paying down their debt and providing various other aids for almost any other crucial expenses they may have in their daily lives. initiatives like Amma Vodi, Vasathi Deevena, Vidya Deevena and Vidya Kanuka help women to provide education to their children with all necessities, while initiatives like Aarogyasri help them with any medical / health expenses that their families may incur .

The state government has also signed memoranda of understanding with multinational companies like Agio-Reliance, Mahindra-Kheyti, Tanager and Gramena Vikasa Kendram Society to provide women with business opportunities and pave the way for sustainable economic development.

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$ 2.2 million in micro-loans to help businesses in West Louisville Thu, 07 Oct 2021 03:00:00 +0000

LOUISVILLE, Ky. (WAVE) – Eleven Louisville neighborhoods are set to receive more than $ 2 million in COVID assistance. The money, funded by a block federal grant, will be used to help small businesses recover from the pandemic.

The assisted neighborhoods are Algonquin, Portland, California, Russell, Chickasaw, Shawnee, Park DuValle, Shelby Park, Parkland, Park Hill and Smoketown.

Money is loaned to businesses through Louisville Housing and Opportunities Micro-Enterprise Community Development Loan Fund, Inc. LHOME’s business coaching, called “Back to Business Initiative,” focuses on loans under $ 150,000 to help women and minority-owned businesses. .

Shawn Spencer runs Trimen Solutions, a human resources and recruiting agency in the Parkland neighborhood. She said a loan from the fund would have an exponential impact in West Louisville.

“The only thing you need to have on staff first and foremost is money to pay salaries,” Spencer said. “Being able to have a cushion, without necessarily having to go to the bank, is so important. “

With just three rooms and five cabins, Spencer said she makes sure thousands of workers are paid. It was an easier task before the pandemic took over all of its customers.

“Our customers had dried up,” Spencer said. “Some of them were still in operation, (and) some had to close and have yet to reopen.”

Now, she said worker shortages made her so busy that she’s outgrown her office space but doesn’t have the money to expand. Spencer said many businesses like his can’t afford a lot of traditional loans right now, but need cash to become a profitable place.

“It’s good to get the money, but sometimes you don’t know when your income is going to rebound to the point where you can pay that money back,” she said.

LHOME CEO Mary Ellen Wiederwohl said what makes loans special is that up to $ 50,000 can be forgiven. To be eligible for a loan, the business must meet the following conditions:

  • Have an established business that was operating before March 1, 2020;
  • Be the business owner or a majority partner;
  • Have a documented loss of income directly related to the COVID-19 pandemic;
  • Demonstrate how this coaching and funding will help to re-establish and / or develop the business;
  • Have a bank account; and
  • Be at least 18 years old and have a state-issued ID.

Wiederwohl said that even if business owners don’t qualify, they should reach out.

“We can always help,” she said. “These are the neighborhoods that start far behind everyone.”

This funding is the last of nearly $ 30 million the city has administered to help at least 894 small businesses survive the pandemic.

For Spencer, the culture in West Louisville is especially important.

“If you’re worried about facing high interest loans or where you’re going to get the money to cover the next payroll,” Spencer said. “You can’t do these little things that could change someone’s professional life or career path. “

Wiederwohl said businesses in West Louisville were hit particularly hard during the pandemic as many stores were using non-traditional banks and were not eligible for loans from the Paycheck Protection Program. To learn more about loans and if you qualify, Click here.

Copyright 2021 WAVE 3 News. All rights reserved.

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Oregon Business – Building Economic Vitality, One Small Business at a Time Tue, 05 Oct 2021 20:11:08 +0000

In an increasingly unpredictable world, the Oregon Community Foundation (OCF) brings stability to entrepreneurs and small businesses most likely to fall through the cracks, bolstering the state’s economic vitality, a both charitable investment.

Rather than directly supporting businesses or individuals, OCF relies on partnerships with experienced and successful nonprofits and community development finance institutions (CDFIs) in various regions and sectors.

“We provide grants and loans to intermediary organizations whose mission is to serve entrepreneurs who have difficulty accessing capital,” explains Melissa Freeman, Director of Strategic Projects, OCF. “We’re trying to build really strong relationships and partnerships with nonprofits across the state, so that we have a good idea of ​​who does what and how well they serve their communities.”

By strategically partnering with a network of intermediary organizations, OCF helps donors maximize their impact in Oregon.

Its Successful Entrepreneur Grants program, for example, will provide funding to organizations that support entrepreneurs, especially women, people of color and rural residents who traditionally have limited access to business support and services.

Micro Enterprise Services of Oregon provided loans and training to Maria Roman, a seamstress in Beaverton.

“This is the first time that we have had an open application process to support organizations serving entrepreneurs. We have a review committee made up of entrepreneurs and fund managers, ”said Freeman. “They help us determine where our funding will have the most impact. “

For more than 10 years, the OCF has awarded a handful of grants to programs that mentor and train entrepreneurs in rural and urban communities across the state, fueling job creation. However, this year over $ 500,000 will be awarded through the open application process.

One such grant was awarded to TiE Oregon to retain Laura Kubisiak, a seasoned “business catalyst,” entrepreneur and business coach. She then helped Dr. Reva Barewal – a prosthodontist who treats patients with chewing and swallowing difficulties – to launch his healthy therapeutic food lines: Taste for Life, LLC and Savorease ™. This ripple effect illustrates how supporting nonprofits like TiE Oregon increases OCF’s reach and effectiveness.

Although the OCF manages a number of established long-term funds, it also acts in response to current events. In March 2020, he launched the Oregon Small Business Stabilization Fund to provide relief to small business owners whose livelihoods were drastically reduced overnight by the economic shutdown from COVID-19.

The OCF endowed the Oregon Small Business Stabilization Fund with an investment of $ 300,000 that grew, with donor support, to $ 2.6 million, which was quickly rolled out across the country. ‘Status as of mid-July 2020.

Marge Coffee Albany Community Lending Works 2Café Marge in Albany

Community Lending Works used the $ 310,000 grant it received from the fund to provide grants and emergency loans to 1,200 small businesses, such as Homegrown Public House & Brewery in Florence, OR.

“We recognize that small businesses create over 95% of new jobs in Oregon. Sometimes there aren’t big employers in rural areas, so people have to be creative and find ways to make a living, ”adds Freeman. “We strive to fund organizations that help people have the tools and skills to start and run a successful business. “

Micro Enterprise Services of Oregon (MESO) – a CDFI focused on underserved entrepreneurs, especially women, people of color, veterans, and low-income populations – received $ 370,000 from the Small Business Stabilization Fund of Oregon. The capital enabled MESO to provide immediate assistance to venture entrepreneurs and small businesses, including Gloria Sanchez, owner of Gloria’s Beaverton Salon. Sanchez, already involved in MESO’s business development and strategic advisory programs, used the capital to cover expenses accrued during the shutdown.

MESO Gloria Sanchez Beaverton 007Gloria Sanchez in her Beaverton living room

“We invest in organizations that reach marginalized communities,” notes Freeman.

MESO also received investments from OCF’s $ 20 million Oregon Impact Fund, which provides loans to nonprofit and for-profit social enterprises. Through this support, MESO is providing non-traditional loans to people like Julie Derrick, a single mother who used MESO’s services when she tried to start her own shoemaking business. Thanks to loans and training from CDFI, she successfully opened and expanded JD shoe repair.

proof Julie Derrick JD Shoes 11Julie Derrick of JD Shoes

“We launched the Oregon Impact Fund, a loan program, in 2018. We raised $ 10 million from donors and matched it to the endowment. The fund allows us to make loans to CDFIs and other entities, ”says Freeman. “We engage donors and try to impact the economy on a larger scale. These loans are a different tool but complementary to a grant. Loans are $ 500,000 to $ 2 million per organization for seven to 10 years. It’s a great way for donors to have a meaningful impact.

While many would associate OCF with grantmaking, fewer are aware that the foundation allocates up to 1% of its endowment to Oregon-based venture capital funds – a unique way for OCF to spur innovation, the business development and job creation in Oregon.

“The Oregon Community Foundation has offices in Bend, Eugene, Medford, Portland and Salem,” she adds. “We have philanthropic advisors and program officers with deep connections in all pockets of the state. OCF offers expertise and resources to help donors make good decisions about where to invest their charitable funds.

The Thriving Entrepreneurs Grant Program, the Oregon Impact Fund and the Oregon Small Business Stabilization Fund are just the tip of its philanthropic iceberg. From the Oregon Community Recovery Fund, a $ 15.2 million Covid response fund, to the Community Rebuilding Fund that reaches out to communities affected by the 2020 wildfires, OCF is putting donated dollars to work and maximizing impact benefiting Oregonians most in need.

For more information, please contact Melissa Freeman, Director of Strategic Projects. She can be reached at 503-227-6846 or This e-mail address is protected from spam. You need JavaScript enabled to view it..

Brand Stories are paid content articles that allow Oregon Business advertisers to share information about their organizations and interact with readers on business and public policy issues. The stories are produced in-house by the Oregon Business marketing department. For more information, contact associate editor Courtney Kutzman.

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Announcement of Bank of America’s Access to Capital Directory for Women Entrepreneurs Tue, 05 Oct 2021 14:00:00 +0000

CHARLOTTE, North Carolina, October 5, 2021 / PRNewswire / – Today during National Women’s Small Business Month, Bank of America, in partnership with Senec women, announced the launch of the Bank of America Capital Access Directory. This one-of-a-kind platform is a resource to help educate women-owned businesses in the United States to navigate the capital landscape and identify potential sources of funding, such as equity, debt and the subsidies.

The challenges that women entrepreneurs face, especially when it comes to securing funds to start or grow their businesses, are considerable. Bank of America’s Spotlight 2021 Women Business Owner Spotlight shows that 42% of women have never applied for a business loan or line of credit. According to previous research, nearly 60% of female entrepreneurs say they do not have the same access to capital as their male counterparts, and almost a quarter believe that women will never have equal access to capital.

“In our extensive work with women entrepreneurs, we have learned that one of their biggest challenges is identifying sources of funding, especially in the midst of the pandemic,” said Anne Finucane, vice president of Bank of America. “With new sources of financing being developed, Bank of America continues to make strategic investments there to ensure better access to capital for entrepreneurs. This new online resource has over 350 sources of capital, can continue to grow, and is the only place to find this vital and aggregated content. “

“Female entrepreneurship is essential for the growth of our economy and access to capital is one of the main challenges that women continue to face,” said Serena williams, founder of Serena Ventures. “Bank of America has become a leader in providing growth capital to women and minority founders, and we are proud to partner with them and their support of Serena Ventures. Today, they are leading the way with a digital destination that will provide education, information and access to financing options, further contributing to the goal of bridging this gap for women entrepreneurs across the United States. “

The Bank of America Access to Capital Directory provides resources and training to learn more about starting and financing your own business, as well as news and features highlighting successful women entrepreneurs. Comprehensive, searchable database allows women looking for capital to sort potential funding by type – including seed, Series A or late stage capital, as well as grants and debt capital – according to their stage of activity and their needs. While there is no guarantee that an applicant will receive the funding, their chances are improved when they apply for the appropriate funding for the maturity and size of their business.

The directory provides resources for small business owners from all walks of life and builds on the bank’s support for minority-owned small businesses that face similar challenges when seeking capital. The platform will continue to evolve over time as new sources of funding are identified.

Invest in women

At Bank of America, our ongoing work to invest in women means supporting women business owners and putting into practice the belief that women entrepreneurs are fundamental to driving strong, healthy economies.

In 2020, we expanded the opportunities for 50,000 women entrepreneurs to participate in the Bank of America Institute for Women’s Entrepreneurship in Cornell, the only one online Ivy league certificate program for women business owners around the world. Over 20,000 women are currently registered, 86% of whom identify as women of color, representing nearly 100 countries including the United States.

We are also committed $ 100 million capital since 2014 at the Tory Burch and Bank of America Capital Program, helping nearly 4,000 women business owners access affordable loans, for a total of over $ 65 million to date through the CDFIs, to help them develop their activities.

As part of our $ 1.25 billion commitment to advancing racial equality and economic opportunity, Bank of America has committed more than $ 300 million to 100 minority-focused investment funds across the United States. These funds provide capital to black, Hispanic-Latino, Asian, Native American, other under-represented minorities and women entrepreneurs to help them establish and grow their businesses.

Bank of America
At Bank of America (NYSE: BAC), we’re guided by a common goal of helping improve financial lives, through the power of every connection. We achieve this through responsible growth with a focus on our environmental, social and governance (ESG) leadership. ESG is rooted in our eight business lines and reflects how we help power the global economy, build trust and credibility, and represent a company people want to work, invest and do business for. . This is reflected in the inclusive and supportive workplace we create for our employees, the responsible products and services we deliver to our customers, and the impact we have around the world in helping local economies thrive. An important part of this work is forming strong partnerships with nonprofits and advocacy groups, such as community, consumer and environmental organizations, to bring together our collective networks and expertise to achieve greater impact. important. Learn more at and connect with us on Twitter (@BofA_News).

For more information on Bank of America, including dividend announcements and other important information, visit the Bank of America newsroom and sign up to receive email alerts.

Journalists can contact:
Eliza murphy, Bank of America
Telephone: 1.347.603.6845
[email protected]

SOURCE Bank of America Corporation

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WFP Guatemala Country Profile, August 2021 – Guatemala Mon, 04 Oct 2021 19:47:20 +0000

In numbers

US $ 2,576,491 in cash transfers (January-August 2021)

US $ 2.2 million over six months (September 2021-February 2022) net financing needs

247,041 people helped January-August 2021

Operational updates

• As part of its emergency response, WFP continued the distribution of unconditional cash transfers (CBT) in 7 departments across the country. In August, more than 73,000 beneficiaries received assistance as part of the response to the seasonal famine period (June-September).

• WFP and its partners in the field are supporting the creation of 64 women’s credit and loan groups in 3 departments of the country (Chimaltenango, Sololá, Retalhuleu). The savings generated by these groups will support women’s livelihoods and decision-making capacity to improve their access to healthy food.
In August, WFP and the Ministry of Education completed the delivery of a donation of school kitchen supplies to Amazon Inc. to support 500 schools and more than 91,000 children nationwide (46 percent are girls).

• As part of its resilience building activities in Huehuetenango, WFP completed the first round of cash for assets (CFA) for the benefit of 500 households.

• In Alta Verapaz, WFP conducted a seasonal livelihood exercise to determine relevant local assets and other productive activities to be implemented as part of its resilience-building intervention targeting indigenous women in the Polochic Valley. .

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Domestic Violence Awareness in New Bedford Sun, 03 Oct 2021 20:27:36 +0000

You will see a lot of purple in color over the next month in support of victims of domestic violence. October is Domestic Violence Awareness Month, and the New Bedford Women’s Center is leading the charge in raising awareness and helping victims of this horrific crime.

Women’s Center director Pamela McCloud Lima said this week the problem will not go away. A national organization reports that there are 10 million cases of domestic violence each year in the United States, but according to Lima, that’s just the number of cases that are reported. Lima said there were probably millions of other incidents that go unreported.

Speaking this week on Town square sundayLima said as outdoor marches and usual indoor vigils will be reduced this month due to the threat of COVID-19, the Women’s Center will still carry its message of hope and safety on its website. , cable TV, radio and social media.

Lima said we can all do something to stop the tide of domestic violence. She urged everyone to talk about it, not just in October but throughout the year. Lima also suggested keeping your eyes open. If a friend seems withdrawn or if bruises appear that you’ve never seen before, speak up and call the police or the Women’s Center for help.

Town square sunday is a weekly public affairs program that airs every Sunday morning on 1420 WBSM. The program highlights the people and organizations working to make Greater New Bedford a better place to live and work.

If you want your organization to be listed on Town square Sunday, please email the host at

LOOK: What important laws were passed in the year you were born?

The data in this list was acquired from reliable online sources and media. Read on to find out which major law was passed in the year you were born, and learn its name, vote count (if any), impact, and meaning.

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Women are less prepared for retirement, poll finds Singapore News & Top Stories Sat, 02 Oct 2021 20:00:00 +0000

Like many Singaporean women of her generation, Santhakumari Palani, 65, worries about not having enough money when she retires.

“I don’t want to depend on my children for my old age,” says the mother of three.

How did she end up in this position?

When she was younger, she spent most of her salary from her various jobs as a senior nurse aide and relief security guard on tuition and other educational expenses for her children. Like most mothers, she wanted her children to have a better start in life.

When she lost her job as a home nurse in March of last year due to the Covid-19 pandemic, she knew she would have to keep working to bolster her savings.

Madame Santhakumari’s story reflects the findings of a survey conducted by the insurer Great Eastern.

In an effort to shed light on the state of retirement in Singapore, a survey conducted last May of 304 Singapore residents aged 63 and over found that women were less financially prepared for retirement than men.

Ms. Santhakumari spent less than a month looking for a job, before deciding to become a part-time housekeeper.

Today, she is setting aside at least a few hundred dollars for her retirement from her monthly salary of $ 1,300.

Her husband, who is in his late sixties, works as a part-time housekeeper and pays household expenses, while her three children – two of whom are married with families – pay her a monthly allowance when possible, although ‘she does not ask of this. Her children work in education, logistics, and oil and gas.

On what she would have done differently in terms of financial planning, she says: “I wish I had bought a second property or made other investments when I was younger, but it was either that I had not the money at the time or I did not think about it.

On preparing for retirement, she says, “It’s so important to have savings so that you don’t have to worry so much when you’re older.

Investigation sheds light on readiness

The Great Eastern Survey found that, like Santhakumari, women often depend on allowances from their children and family members later in life, with 45 percent of women surveyed relying on these allowances compared to 39 percent among women. men.

When it comes to post-retirement finances, only 18 percent of women had investment income, compared to 31 percent of men.

In addition, only 31 percent of women surveyed were happy with their retirement plans, compared to 44 percent of men.

“These results indicate a lack of financial preparation among women, affecting their independence during their retirement years,” said Mr. Colin Chan, Great Eastern’s general manager for group marketing.

What may compound these concerns is that more women remain single and childless, according to Singapore 2020 census data.

The census found that celibacy has become more prevalent in several age groups over the past decade, with the proportion of single women in the 25-29 age group increasing the most, from 54% in 2010 at 69% in 2020.

“This means that more women are likely to be their only financial contributions later in life. It is therefore important for them to prioritize retirement planning, especially as life expectancy is expected to reach 85.4 years for women in Singapore by 2040, ”said Chan.

“While retirement planning may be a distant concern for many of us, the many uncertainties of recent times affecting people’s job security are a reality.

“We encourage people to start early, no matter their size, so that they can have the freedom to make their own decisions about leading their desired retirement life with the help of professional guidance.”

Seek professional advice as soon as possible

For retirees Lilian Kong, 74, and Cindy Goh, 66, professional advice would have made a significant difference in their retirement plans.

Madame Kong, a widow who retired from her secretary job in 2009, is said to have made more investments for her retirement income.

She currently relies on her savings, payments from the Central Provident Fund (CPF), dividends from a fund she has invested in and allowances from her four adult children for her expenses.

On what she would have done differently, Ms Kong says she regrets not having purchased more private medical insurance in addition to government health insurance plans.

“I haven’t done a lot of retirement planning. If there was one thing I could have planned better, it would have been to purchase additional medical insurance, especially if I have a serious illness. I think I should have spoken to financial advisers when I was younger.

Ms Lilian Kong shares that she would have made more investments for retirement income if she had had professional advice, while Ms Cindy Goh believes having more medical insurance would have been ideal for her retirement planning. PHOTOS: LILIAN KONG, CINDY GOH

Future medical expenses are also at the heart of Ms. Goh’s concerns.

“I have a life insurance policy, but I should have bought more insurance to cover illnesses and hospital costs. I am in good health now, but it is very difficult to decide on the future.

“I don’t have much in my MediSave account and I’m afraid what I have will not be enough if I have huge medical expenses later on. “

Madame Goh, married and mother of two grown children, retired in 2009 after her sister’s beverage stand where she worked closed.

Now, she depends on her savings spent on the proceeds from the sale of her apartment and on her savings from working at her sister’s hawker stand.

Like many retirees today, she also receives pocket money from her children and CPF payments.

To encourage retirees to become financially independent and allow them to make choices even after retirement, Great Eastern has launched a “Don’t Lose the Freedom to Make Your Own Choices” campaign, which emphasizes the need to plan for retirement. retirement.

The campaign includes a financial storyboard tool that can be used to help develop a well-structured financial plan and the launch of two retirement income products.

Speaking about the campaign, Chan said, “Living well in retirement basically means being self-sufficient and having an income to draw on during our money years.

“We want to help and educate people to plan holistically. This includes examining their long-term care needs as part of their retirement plan and filling gaps in financial planning to meet unforeseen needs that may arise later in life.

Review your retirement needs frequently

Q: Do I need retirement income or can I rely on my savings?

Having an income stream during your golden years can boost your savings and counter rising inflation rates.

The retirement income you need should factor in rising inflation and your retirement lifestyle needs.

For example, if you are 40 now and expect to have a monthly retirement income of $ 2,000, that amount will double to around $ 4,000 – assuming an annual inflation rate of 3% – at age 64.

Review your desired retirement income every two years, as goals and financial needs may change over time.

Q: What is the ideal balance between home / car payments, children’s education and retirement savings?

While it depends on your needs and your financial situation, a healthy total debt-to-service ratio is all about keeping it below 35% of your monthly income.

This means that your home, auto, and other loans should not exceed 35% of your monthly income. Allocate at least 20 percent to planning for your retirement.

To further grow your retirement savings, you can consider retirement income plans and investments.

Q: I put money aside every month and have hospital insurance. Is it sufficient?

If you put your savings only in low yielding savings accounts, the interest rates will not be enough to compensate for the current inflation rate which is between 1 and 2%.

In addition to having an emergency fund of at least six months of your monthly expenses, you should have the basic pillars of protection – hospital and surgery coverage, disability income, critical illness income protection ( first and last stage of serious illness), death and total permanent disability and personal accident protection.

If your investment horizon is medium to long term, you can start with investment-linked plans (which offer wealth building and insurance coverage) or endowment plans (which offer regular payments or lump sum within the stipulated period).

Q: My children have grown up and are financially independent. What should I do to better plan for my retirement while I’m still working?

To get started, identify the gaps based on your financial goals with our innovative financial storyboard tool and the help of a professional financial representative, who should provide a holistic view of your financial situation.

You can also supplement your CPF Vie payments with retirement income plans.

Depending on your risk appetite and stage in your life, you can invest in professionally managed investment products, such as bonds and mutual funds, or choose linked insurance plans. to investments that offer investment and protection components.

– Ms. Corene Toh, Director of Financial Services, Great Eastern

This functionality is brought to you by Great Eastern.

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minors exploited, window should be removed and why many don’t have female clients – The Athletic Sat, 02 Oct 2021 04:23:40 +0000

Which Premier League club had the best window? Which club has had the worst? Did one transfer win all the others? Who paid more than the odds for a player? Was there a deal that went unnoticed and took everyone by surprise?

A month after a remarkable window closed, when over £ 1billion has been spent by Premier League clubs for the sixth consecutive summer, Manchester City broke the UK transfer record by signing Jack Grealish and Cristiano Ronaldo have returned to Manchester United, The Athletic to try and find the answers to all of these questions and more by talking to the people working on the deals.

Over the past week, we interviewed over 20 football agents, including some of the biggest names in the industry, and asked them to answer the same 16 questions, all on condition of anonymity to encourage them to speak up. openly and honestly.

They were also asked about this season’s winners and losers in the Premier League, the financial situation of the EFL, if they have any financial interest in women’s football, the European Super League proposals (ignore this section if you are easily offended by bad language), and the rights and wrongs of their own industry, including abuse of the rules surrounding the representation of minors.

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