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Tag: costs

Cyprus pledges to cover costs for virus-hit tourists

Cyprus pledges to cover costs for virus-hit tourists

Health
Cyprus is pledging to cover all costs for anyone testing positive for the coronavirus while on vacation in the east Mediterranean island nationBy MENELAOS HADJICOSTIS Associated PressMay 27, 2020, 10:05 AM3 min read3 min readNICOSIA, Cyprus -- Cyprus is pledging to cover all costs for anyone testing positive for the coronavirus while on vacation on the eastern Mediterranean island nation, according to a letter obtained by The Associated Press on Wednesday. The Cypriot government says it will cover lodging, food, drink and medication for COVID-19 patients and their families. Patients will only have to pay for the taxi ride to the airport and the flight back home. A 100-bed hospital will cater exclusively to foreign travelers who test positive. About 112 intensive care units equipped with ...
Nonprofits worry sale of dot-org universe will raise costs

Nonprofits worry sale of dot-org universe will raise costs

Technology
LOS ANGELES -- The company that controls the dot-org online universe is putting the registry of domain names up for sale, and the nonprofits that often use the suffix in their websites are raising concerns about the move. About 15 people protested Friday outside the Los Angeles headquarters of the regulatory body for domain names, the Internet Corporation for Assigned Names and Numbers. ICANN is meeting this weekend and is expected to rule by mid-February on plans by private-equity firm Ethos Capital to buy the Public Interest Registry for $ 1.1 billion. The protesters carried signs saying “Save Dot Org" and chanted “ICANN, you can, stop the sale.” They planned to give 34,000 signatures objecting to the sale to a board member. Around 700 organizations such as Greenpeace, Sierra Club, YMCA
HS2: Rail link costs could rise to £106bn, says review

HS2: Rail link costs could rise to £106bn, says review

Business
Media playback is unsupported on your device Building the high-speed rail link HS2 could cost up to £106bn, a government-commissioned review has said.The unpublished report, seen by the Financial Times, says there is "considerable risk" that estimated costs could rise by another 20%.In 2015, HS2 was set to cost £56bn.The review also recommends pausing the second phase of the project while experts look at whether conventional lines could help link Birmingham to Manchester and Leeds instead.Mayor of Greater Manchester Andy Burnham told the BBC's Today programme it would "not be acceptable" if the North of England portion of HS2 was delayed or downgraded to slower speeds. "To me that would be the same old story. London to Birmingham, money is no
HS2 costs out of control, says review’s deputy chair

HS2 costs out of control, says review’s deputy chair

Business
There is "overwhelming evidence" that the costs of HS2 are "out of control" and its benefits overstated, the deputy chair of its review panel has said.Lord Berkeley said the high-speed rail line, linking London and northern England, is likely to cost over £108bn. A vocal critic of HS2, the Labour peer said he believed MPs had been "misled" about the price - set at £55bn in 2015.He has published a "dissenting report" on the project, but the government said it represented his personal view.Trains are due to start running on HS2 between London and Birmingham in 2029. However, Lord Berkeley says there is little prospect of that before 2031, and warns high-speed trains will not reach Manchester and Leeds until 2040.Lord Berkeley was t
Clients’ health-care spending gets closer look from advisors as costs squeeze budgets

Clients’ health-care spending gets closer look from advisors as costs squeeze budgets

Finance
Find yourself struggling to manage your health-care costs in retirement? You're not alone.As the cost of health care continues climbing faster than the rate of inflation and an aging population is living longer, many financial advisors are focused on the line item in their retired clients' budgets more than ever."It's a cost we see that's ever-present and it's gone way up over time," said certified financial planner Kelly Wright, director of financial planning for Columbia, Maryland-based Pinnacle Advisory Group. Pinnacle ranked No. 80 on the CNBC FA 100 list of top advisor firms for 2019.The ability to pay for health-care needs is one of the most critical issues of retirement.Hero Images | Getty ImagesThe U.S. spent about $ 3.5 trillion on health care in 2017, or about $ 11,000 per person...