A Strong Parallel Between Health Care And Housing For “All”

My colleague Alex Berezow at the American Council on Science and Health (ACSH) has a skill for writing efficiently about complex issues like COVID-19 and health care. In one of his latest posts at ACSH he points out the deep flaw in the notion of “universal health care” in a way that, with some minor edits, could be repurposed to criticize the notion of “housing as a human right.” Simply put, when anything is made universal it almost certainly isn’t unless there is an absolute equilibrium between supply and demand,…

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Low-risk mutual funds investment: Long-term gilt funds a good choice now

Gilt funds are taxed like debt mutual funds. Short-term capital gains are taxed as per the investor’s income tax slab if the units are redeemed before three years. At a time when many categories of debt mutual funds are reporting redemptions, investors are buying gilt funds as they are safer because there is no credit risk. In April, gilt funds saw net inflows of Rs 2,515 crore as compared with net outflows in funds such as Rs 19,239 crore from credit risk funds, Rs 6,841 crore from low duration funds…

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China’s tech services are a top investment pick amid decoupling with the US, says CITIC Capital CEO

Consumption, healthcare and technology are three sector picks for investing in China, said CITIC Capital’s top executive on Tuesday. “For us, the top priority … is still on consumption, because it’s still growing at a higher rate than GDP growth,” said Zhang Yichen, chairman and CEO at CITIC Capital, the flagship investment arm of Chinese state-owned conglomerate CITIC Group. China’s GDP growth was 6.1%, down from 6.6% in 2018 as the economy took a hit from its bitter trade war with the U.S. Speaking to CNBC at the World Economic Forum in Davos, Switzerland, Zhang said health care is…

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Maddinson out of Australia A side due to mental health issues

Cricket Australia say it is committed to better understanding the mental health challenges in the game after Nic Maddinson yesterday became the second player this season to withdraw from a national side due to the issue. The in-form batsman was potentially one big score away from a Test recall when he pulled out of the Australia A game against Pakistan due to start on Monday. Sean Abbott was swarmed by his Australian teammates after a wicket against Pakistan. Western Australia’s Cameron Bancroft has been drafted into the Australia A side…

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How a newspaper ad and Rs 5 lakh investment set this entrepreneur on Rs 50 Cr journey in chemicals manufacturing

In 2002, Bengaluru-based entrepreneur Srinivas M saw a newspaper ad about the MSME Ministry conducting a training session for chemical manufacturing. Srinivas was a chemical trader at the time, and thought it would be a good opportunity to start manufacturing chemical products himself. “I saw this a way into a manufacturing sector that could pay me dividends much more than a trading business ever could. I decided to seize this opportunity, and enrolled myself in the programme,” he says. Srinivas was about to enter the chemicals industry that has grown over the years, touching $163…

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Why You Should Treat Retirement Like A Startup Business

Have you ever worried if you’ll run out of money? Can you imagine a point where you might wonder how you might bring in that next dollar? Are you thinking you might have to cut expenses in order to stay afloat? Who do these anxieties describe? An entrepreneur? A retiree? Trick question! It’s both! More and more financial experts now recognize the similarity between living a comfortable retirement and running a sustainable business. And if you’re thinking of retirement, you just might want to pay attention to what they say.…

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