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PBOC Seen Holding Key Borrowing Rate After Slew of Support Steps
PBOC Seen Holding Key Borrowing Rate After Slew of Support Steps
China will likely keep a key borrowing rate unchanged next week as it assesses the impact of its
2023-07-14 09:58
BOJ to Tweak Yield Control This Month, Ex-Official Hayakawa Says
BOJ to Tweak Yield Control This Month, Ex-Official Hayakawa Says
The Bank of Japan will probably adjust its yield curve control program at its policy meeting this month
2023-07-14 09:54
World’s Top Anime Site Crunchyroll Is Sony’s New Money Maker
World’s Top Anime Site Crunchyroll Is Sony’s New Money Maker
When top anime streaming platform Crunchyroll was first gaining popularity as a pirated-video site in the mid-2000s, Japanese
2023-07-14 09:46
Singapore Expands Graft Probe to Include Hotel Tycoon Ong
Singapore Expands Graft Probe to Include Hotel Tycoon Ong
A Singapore graft probe involving Transport Minister S. Iswaran was expanded to include property tycoon Ong Beng Seng,
2023-07-14 08:46
Waller Says Fed Will Need Two More Interest Rate Hikes to Contain Inflation
Waller Says Fed Will Need Two More Interest Rate Hikes to Contain Inflation
Federal Reserve Governor Christopher Waller said he expects the US central bank will need to raise interest rates
2023-07-14 08:18
Australian Treasurer Names Bullock First Female RBA Governor
Australian Treasurer Names Bullock First Female RBA Governor
Australia’s treasurer announced that Michele Bullock will be the new Reserve Bank governor when incumbent Philip Lowe’s term
2023-07-14 08:17
Australia Will Replace Philip Lowe as Central Bank Governor
Australia Will Replace Philip Lowe as Central Bank Governor
Australia’s government will not reappoint Philip Lowe as Reserve Bank governor, as widely anticipated, seeking a circuit-breaker as
2023-07-14 07:53
World’s Biggest Pension Fund GPIF Boosts Its Treasuries Holdings
World’s Biggest Pension Fund GPIF Boosts Its Treasuries Holdings
Japan’s Government Pension Investment Fund boosted its holdings of Treasuries to a three-year high as the dollar’s strength
2023-07-14 07:27
Florida seeing spike in child labour as Republican states across the country push to remove barriers
Florida seeing spike in child labour as Republican states across the country push to remove barriers
A number of Republican-led states spent their most recent legislative sessions relaxing child labour laws — while one state is already experiencing a rise in child labour cases. A report from WFTV in Orlando published Wednesday suggests that central Florida is already seeing a spike in child labour cases that dates back to the onset of the Covid-19 pandemic. The nature of the cases reportedly range in scope and seriousness from having children working too many hours on school days to operating heavy machinery and beyond. “From [fiscal years] 2020 until 2022, we have seen more child labor that we had seen from 2011 to 2020,” Department of Labor District Director Wildalí De Jesús told WFTV. The Covid pandemic began in 2020 and upended the labour market — causing the service economy to contract and then leaving a number of employers without adequate staff when lockdown measures were relaxed and consumption habits returned to pre-pandemic levels. Still, the data shows an alarming trend in the illegal exploitation of minors in the workforce at a time when states across the country are working to roll back child labour laws that are a longstanding legacy of the children’s rights and labour movements. Already this year, numerous GOP-led states including Missouri, Ohio, Arkansas, and Iowa have passed laws weakening child labour laws — allowing companies to hire children without work permits and making it legal for them to working longer hours in more dangerous conditions. The push to weaken child labour laws has reportedly been led by a Florida-based think tank, the Foundation for Government Accountability, which drafted the model legislation for states to use to roll back their child labour protections. The data from Florida is not entirely clear on several points, including how many of the children in question are undocumented immigrants. In her comments to WFTV, Ms De Jesús said parents are not always in a position to know the exact details of the work their children are doing and how it aligns with child labour law. “We’re seeing a trend of much younger children… because sometimes the children don’t know what they’re supposed to do or not supposed to do,” Ms De Jesús told the television station. “A lot of times parents don’t know either. They may assume that it’s safe or that [the child is] working the correct hours and that there’s no limitations, but there are.” Earlier this year, the Department of Labor reported a 68 per cent increase in the number of children illegally employed by US companies since 2018. A number of those children may be undocumented migrants. Read More Wisconsin teen dies in sawmill accident in one of 14 states looking to roll back child labour laws
2023-07-14 07:24
The World’s Fastest-Growing Whisky Market Is South Korea
The World’s Fastest-Growing Whisky Market Is South Korea
For Choi Gyu-Won, a 29-year-old Korean in a small village in South Gyeongsang, drinking whisky at home is
2023-07-14 07:20
Trump NFTs, Hotel Sale: New Report Details $1 Billion in Income
Trump NFTs, Hotel Sale: New Report Details $1 Billion in Income
Former President Donald Trump provided more details on his sprawling financial empire, including his crypto wallet, speaking fees
2023-07-14 06:59
Artificial Sweetener Aspartame Is ‘Possibly’ Carcinogenic, Yet Safe at Common Use Levels, WHO Says
Artificial Sweetener Aspartame Is ‘Possibly’ Carcinogenic, Yet Safe at Common Use Levels, WHO Says
Aspartame, the artificial sweetener found in everything from diet drinks, yogurt, ice cream and breakfast cereals to medicines,
2023-07-14 06:50
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