Market & Economy News

UN Shipping Talks Fail to Speed Up Faster Carbon Exit

LONDON — Further shipping talks are scheduled for next year after delegates at a U.N. agency meeting that sought to speed up decarbonisation of the sector failed to make progress, officials said on Friday. Read More

Market & Economy News

ECB Has Other Purchase Programs in Toolkit Than PEPP, Lagarde Says

BERLIN — The European Central Bank is likely to stop further bond purchases under its pandemic-era support scheme from early next year but will still have other purchasing programs in its toolkit, President Christine Lagarde was quoted as saying by a German daily. Read More

Market & Economy News

Oil Plunges 10% on New Coronavirus Variant Concerns

Oil prices plunged more than 10% on Friday, the largest one-day drop since April 2020, as a new COVID-19 variant spooked investors and added to concerns that a supply surplus could swell in the first quarter. Read More

Managing Burnout With Hybrid Teams

‘Visibility is key to effective communication’ was perhaps the clearest takeaway from the enforced periods of remote work over the last two years.

Modern teams may have emerged from the lockdowns with very different conclusions about the benefits and place of home working, but few could argue that distance has eased relations between employers and their employees.

Since 2020, the average age of burnout has fallen to 32. Formerly the domain of over-stretched mid-career professionals, burnout today is an epidemic hitting all those unable to flag unmanageable workloads. The consequence of remote work is that those without power – especially junior employees – have found themselves accepting more work than they can take on from managers who simply do not have the information to manage their work flow.

The benefit of the office is visibility. Proximity not only makes it easier to read how well a team is managing its work, it helps to establish the foundations of trust and openness needed for employees to feel they can come to their manager with an issue before it gets out of hand. A majority of employees reported through the pandemic that their relationship with their manager was strained as communication broke down and leaders fell back on excessive micromanagement to monitor team performance.

This is unsustainable. Micromanagement is still one of the main reasons why employees leave their jobs, and productivity will continue to fall as employees feel unable to approach their colleagues. Above all, the function of hybrid models of work must be to reinforce the integral weaknesses of remote working, promoting a healthy culture of visibility and effective communication.

To achieve this, teams must make the most of time spent together. Where possible, managers should book private rooms and use office days for in-person meetings with their direct reports. Here, employees have the opportunity to speak freely, setting a precedent for managing workloads and related stress before it amounts to burnout. Informal lunches and time spent together in a relaxed, offline capacity will also help managers to gain insight into how their employees are feeling that – realistically – could not be gleaned from any relationship built exclusively online.

Ultimately, these changes condense into workplace ‘culture’. By establishing a culture of healthy communication, teams can effectively talk through imbalances in workload and ensure junior employees are not over-encumbered. By establishing a culture of trust, managers can devolve power to employees to work more autonomously and cut out needless reporting and check-ups when out of office.

Hybrid work presents leaders with the opportunity to enjoy both the versatility of remote work and the eased communication of the office. The challenge will be to coordinate a team on a flexible schedule in a way that balances these priorities. Witco’s solution is an all-in-one application that manages all the services of the modern hybrid workplace around one, straightforward feed. From reporting satisfaction to booking rooms or requesting concierge services, technology will prove vital in ensuring that hybrid work supports – and does not further complicate – the challenges of the modern workforce.

Leaders should recognise from soaring rates of burnout the importance of communication in handling these problems before they arise. Overwork is not inevitable, and nor should it be difficult to identify. Teams who can make proper use of physical spaces to understand their workforce will be best positioned to resolve issues before they can fester. Those who simplify that task with technology will emerge the trailblazers of a harmonious new model of work able to draw on the relative advantages of both home and the office.

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Managing burnout with hybrid teams

One in Ten Britons Have Bought Crypto Assets Despite Warnings

As many as one in ten adults in Britain have bought crypto assets such as bitcoin, far more than was previously thought.

Research commissioned by HM Revenue & Customs found that about 6.7 million adults owned or have bought crypto assets. This is almost three times higher than estimates from the Financial Conduct Authority, the City regulator, which said that 2.3 million adults held crypto assets at the start of last year.

The new revenue data comes as about 45 per cent of bitcoin investors face losses, according to the research firm Glassnode.

The value of the cryptocurrency market has fallen by 60 per cent since the start of the year amid a rapid fall in the price of leading cryptocurrencies. Bitcoin, the world’s most popular cryptocurrency, is trading at less than a third of its record price of $67,566 reached in November and was down 1.3 per cent last night at $19,698.

Crypto investors in Britain are typically male and under the age of 45 and have crypto holdings worth £200 on average, according to the revenue’s figures. Eighty-five per cent of crypto investors earn less than £50,000 a year.

More than 50 per cent of investors have holdings worth less than £1,000. However, about 7 per cent have put more than £5,000 into digital assets despite repeated warnings from the UK’s financial watchdog that crypto investors should be prepared to lose all their money.

While more than half of crypto investors bought digital assets for fun and 8 per cent admitted their investment was a gamble, almost a fifth said crypto constituted a core part of their investment portfolio. A third of investors hold no other investment products alongside crypto. Despite growing levels of crypto investment, public understanding about tax rules is poor. Only 42 per cent of current and former crypto holders were aware they may be liable to pay tax on their investment.

HMRC is tightening controls over the use of crypto assets for tax evasion purposes and in February revealed it had opened 20 criminal investigations involving digital assets.

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One in ten Britons have bought crypto assets despite warnings

Best Canadian Casino Tips for Playing Safe and Winning Big

It is the joy of every casino player when they hit huge wins and the money lands in their accounts. For this reason, gamers are constantly looking for ways to beat casinos and earn huge amounts.

However, while looking for ways to win big, it is very easy to lose all your money when you play at the wrong casino. This is why you must consider your safety at casinos more important than your winning chances.

But what’s interesting about it is that it is possible to win big while playing safe. This is the reason we have designed this article, to show you ways to play safe and win big. Read on.

Choose a Reputable Casino

The real money gaming journey begins with choosing a place to play. If you get it wrong here, you may as well forget about winning money.

Before you sign up at any casino, do a background check on its reputation. Read expert reviews on the casino online and check other players’ comments. If the casino isn’t blacklisted on reputable casino review platforms, it is good for consideration.

Also, ensure that the casino holds a license from a trusted gaming regulator such as the UK Gambling Commission, Malta Gaming Authority, or Kahnawake Gaming Commission.

Use Casino Bonuses

Almost all online casino platforms offer different bonuses and promotions. They do this to attract and keep players on their platform. This can be an opportunity for you to get more money to play games and win.

However, you must check the bonus terms before claiming any offer. Some enticing bonuses may come with unfavourable bonus terms, designed to frustrate you. Nevertheless, if you play at reputable platforms like Luxury Casino, you’ll find a lot of great bonuses to use.

These are examples of bonuses offered at online casinos:

No deposit bonus
Signup deposit bonus
Reload bonus
Referral rewards
Rebate bonus
VIP/Loyalty Schemes

Choose your games wisely

If you’re out to win big money, you cannot just bet on any games. You must look for those games with the capacity to pay you huge wins. To do this, you have to check the features of the games such as RTP, volatility, and jackpot.

Generally, it is recommended that you go for games with RTPs of 96% and above. You can check the Luxury Casino games list for titles with such high RTPs.

Have a Budget

Before you head on to any casino to play your favourite games, you should set aside money for entertainment. We recommend that you have a different account for casinos. For example, you can connect only a specific e-wallet such as Skrill to your casino account. Only monies meant for gaming should be kept in that Skrill wallet.

Also, manage your budget properly to make sure you have money to play enough rounds and enjoy your time. Remember that the more games you play, the more chances of winning you create.

Use Responsible Gaming Tools

Fortunately, reputable online casinos have some tools to help you control your gaming habit. Firstly, when you visit a casino, look for the “responsible gaming” page. There you should find the tools available to you and other important resources.

Furthermore, the responsible gaming page usually has a habit assessment section which helps to test whether or not you’re going out of line. This can alert you when gaming is becoming a problem so that you can seek help.

These are some of the responsible gaming tools at casinos:

Loss limits
Session limits
Reality Check
Deposit limits
Wagering limits
Cooling off period
Self Exclusion request

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Best Canadian Casino Tips for Playing Safe and Winning Big

Market & Economy News

Brazil Health Regulator Calls for Africa Travel Restrictions, Bolsonaro Dismissive

SAO PAULO — Brazilian health regulator Anvisa recommended on Friday that travel be restricted from some African countries due to the detection of a new COVID-19 variant, but President Jair Bolsonaro appeared to dismiss such measures. Read More

Market & Economy News

Investors Reduce Bets on BoE Rate Hike After Coronavirus Variant News

LONDON — Investors scaled back their bets on Friday on the chance of a Bank of England interest rate hike in December after a coronavirus variant that might be harder to combat with vaccines was detected in South Africa. Read More

Market & Economy News

Netherlands to Impose New COVID Measures to Avoid Healthcare Breakdown

AMSTERDAM — The Dutch government on Friday was set to tighten COVID-19 measures, including early closure of bars, restaurants and most stores to stem a record-breaking wave of infections that is threatening to overwhelm the healthcare system. Read More

Market & Economy News

Coal’s Last Boom? World’s Dirtiest Fuel Isn’t Being Put Out of Business Anytime Soon

At the end of the climate conference in Glasgow, Scotland, Alok Sharma, president of the United Nations’ 26th Conference of the Parties (COP26), fought tears as he announced that 197 countries had only been able to agree to “phasing down” the use of coal, rather than “phasing out” one of the main sources of global warming. Read More