The price of the MLC (Freely Convertible Currency) in Cuba has seen a recent increase after a period of relative stability. According to statistics from elToque, the average sales value on Monday reached $290.00 CUP, up two pesos from the previous day’s value of $288.00 CUP.
In contrast, both the US dollar and the euro have remained unchanged in the last few hours, with the dollar holding steady at $360.00 CUP and the euro at $370.00 CUP.
The rise in the value of the dollar has caused concern among some, as rumors swirl about its potential disappearance. The government has expressed its intention to address imbalances caused by the Ordinance, and the MLC, once a popular means of exchanging for physical dollars and euros, is facing challenges due to limited offerings in stores and decreasing confidence in the banking system.
Compared to the dollar and the euro, the MLC has fallen behind in the informal currency market. It’s worth noting that elToque’s reference rates are based on announced purchase and sale values, so they should be considered as a guide rather than actual transaction values.
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People at risk of poverty and social exclusion are over 30%
– 2024-04-22 22:48:34
People at risk of poverty and social exclusion are over 30% in Bulgaria. A large part of them cannot fully heat their homes – they choose whether to live warm or to eat normally. This was commented on in the “Interview in the NOVA News” by the chief economist of the KNSB Luboslav Kostov.
“65% of the working people in Bulgaria cannot reach the net amount of the living allowance – 1454 BGN. It is even more worrying that over 1/3 have an income of up to BGN 1,000. Between 20 and 30% of those employed in the regional cities and municipalities around them are on the minimum wage. Sofia, Varna and Plovdiv raise artificially the average salary levels. 800,000 people have an income of up to BGN 933. This is about 1/4 of the employed and 40% of all employed,” he commented.
According to him, KTD and the unions are raising wages by at least 14%. “About 1.2 million pensioners are around the poverty line – 567 BGN. Those who work are in the working poor category. If you work until May 7, you will receive one minimum wage in Luxembourg. In one month, minimum wage low-skilled workers there receive as much as we do in 4.5 months. In Germany, the period with the same condition is 3.5 months. The difference in the purchasing power of our salaries and those in the West is huge,” Kostov believes.
Among the goals it sets is for the KTD to reach 80% coverage so that the minimum and average wages can increase by at least 14%.
People at risk of poverty and social exclusion are over 30% – 2024-04-22 22:48:34
European Commission Threatens to Ban Tiktok Lite for Encouraging Addictive Behavior – Impact on Young Users and Risk Assessment Required
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The European Commission is threatening to ban Tiktok Lite, saying that the feature encourages addictive behavior. And of course this is not without harm, especially for young users.
If Tiktok is addictive, Tiktok Lite certainly is. The app is for people over 18 and has a rewards program that allows users to earn points if they frequently watch videos and give their likes. They can exchange these points for rewards, such as vouchers from Amazon and gift vouchers through Paypal.
The Commission is concerned about the program. She asked Tiktok last week to get more information about the risk assessment that should be done, especially regarding the impact on the mental health of users. The Commission fears that the program could encourage addictive behaviour.
However, Tiktok has not provided that risk assessment. The Commission has now given the company time to do this again until Tuesday, April 23. Failure to do so is fined up to 1 percent of Tiktok’s annual global revenue.
But the Commission does not stop there: until Tiktok Lite’s security is thoroughly assessed, it wants to take the program offline. Before doing this effectively, Tiktok can still put forward arguments to defend itself, it has until April 24 to do so. As a major online platform, with at least 45 million users, Tiktok is under the direct supervision of the Commission. He has always said that he would not hesitate to enforce the law and take sanctions if necessary.
2024-04-22 17:16:23
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