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Tag: Global

Here's How ADP's Acquisition Of Global Cash Card Might Help It Grow Further

Here's How ADP's Acquisition Of Global Cash Card Might Help It Grow Further

Finance
Shutterstock photoADP has recently acquired Global Cash Card , the company offering pay cards and other electronic payment accounts, thereby allowing employers the option to pay their employees with cards instead of paper paychecks or electronic deposits. The pay cards are currently the most rapidly growing form of payment and a significant driver to this growth is the rise of the gig economy (more short-term positions and independent contractors). Pay card transactions allow independent freelancers to consolidate all their income and expenses in a single account. Not only does it help the employees, but also from an employer's standpoint, digital payments are cost effective, more secure, and immediate.Scope Of Growth For Pay CardsThe value of Form 1099 transactions is expected to be some...
First global pledge to end cholera by 2030

First global pledge to end cholera by 2030

Health
Health officials from around the world are meeting in France to commit to preventing 90% of cholera deaths by 2030. The disease, which is spread through contaminated water, kills about 100,000 people every year. It is the first time governments, the World Health Organization, aid agencies and donors have made such a pledge. It comes as Yemen continues to fight one of the worst cholera outbreaks on record.Cholera has been spreading in the war-torn country due to deteriorating hygiene and sanitation conditions and disruptions to the water supply.More than 770,000 people have been infected with the disease, which is easily treatable with the right medical equipment, and 2,000 have died. Many of the victims are children.These huge outbreaks tend to grab the headlines, but there are also freque...
Study shows impact of global warming on coffee production

Study shows impact of global warming on coffee production

Science
Sept. 11 (UPI) -- A recent study by the University of Vermont found global warming could reduce coffee growing areas in Latin America by as much as 88 percent by 2050.Researchers from the University of Vermont's Gund Institute for Environment found climate change will continue to negatively impact coffee production, as well as bee populations, essential to coffee farming."Coffee is one of the most valuable commodities on earth, and needs a suitable climate and pollinating bees to produce well," Taylor Ricketts, director of the UVM's Gund Institute for Environment, said in a press release. "This is the first study to show how both will likely change under global warming -- in ways that will hit coffee producers hard."The study, published today in the Proceedings of the National Academy of S...
Global food markets further threaten endangered sharks, rays

Global food markets further threaten endangered sharks, rays

Science
Aug. 25 (UPI) -- Researchers at the University of Guelph found that the majority of shark fins and manta ray gills sold at markets around the world for traditional medicines come from endangered species.Roughly half of the world's 1,200 species of sharks and manta rays are listed as threatened by the International Union for Conservation of Nature including 20 that may not be traded internationally.The study, published today in Scientific Reports, used DNA barcoding technology and found 71 percent of dried fins and gills collected from markets and stores came from species listed as at-risk and banned from international trade. Shark finning, which is removing fins from live sharks, is illegal in Canada."Despite the controversy around shark fin soup and the fact that many of these species are...
ECB's Mario Draghi says global recovery is firming up, euro climbs

ECB's Mario Draghi says global recovery is firming up, euro climbs

Finance
European Central Bank President Mario Draghi said Friday the global recovery is improving, but like an increasing number of financial and business leaders, warned about demographic challenges to growth.The euro spiked 1 percent to a high of $ 1.1940, its highest against the U.S. dollar since January 2015 after Draghi's initial remarks."The global recovery is firming up," Draghi said, according to prepared remarks on the European Central Bank website. He noted that in Europe and Japan, "the consolidation of the recovery is at an earlier stage" versus that of the U.S.Draghi also said significant monetary accommodation is still needed and that inflation is not yet converging to the central bank's target. The euro edged off session highs to trade near $ 1.192 after those comments."It would sug...