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How Procrastination Affects Your Finances Adversely

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Procrastination is the act of delaying your present task for later. We all sometimes procrastinate in our lives. Some of us are habitual dawdlers, while others postpone their tasks occasionally. Regardless of what your working habit is, today, we’re going to give you some valid reasons why you should stop procrastinating if you want to improve your financial conditions. Your financial behaviours and decisions govern your life’s future more than you can even think. If you don’t follow sane financial decisions at present, it can adversely affect your monetary conditions in the long run.

According to a poll done by Legal and General, more than half of the population of UK is affected by procrastination. Although the habit of casually slacking off work may seem harmless to you but it isn’t. In fact, delaying your tasks without any valid reason can be detrimental to your finances. Having said that, let’s take a look at some of the reasons how procrastinating can damage your budget.

Piling of Bills

You can see the negative impact of your procrastination on your finances in your monthly bills. If you are customary of delaying the payment of your bills, you’ll end up paying even more in the form of surcharge, late fee, or fine. Furthermore, if you don’t pay them on time, there’s always the peril of ‘termination of services’.

Delaying Can Make You Lose the Opportunity

Are you waiting for the perfect job that ticks all your boxes? And when you find it, you leave it on tomorrow for applying. Ultimately this will lead you to miss the opportunity in your hand. If you only keep on waiting but don’t act on time, you’ll lose all the lucrative opportunities that are available to you.

Increase in Debt

If you have the disposition of postponing things, then your debt will keep on increasing, and you’ll have to pay more interest. If you pay your credit bills in time, you don’t have to pay extra interest rates. Whereas if you keep on delaying your payments, you won’t even realise, but the interest rate will add to your balance amount, and your debt will increase.

You Won’t Be Able to Save for Future.

The relation between procrastination and retirement savings is of inverse proportion. The more you procrastinate, the less you’ll save for your future. The reason for this is all these other problems that we state here. When you procrastinate your finances, you lose money. And how can you save up for your retirement when you’re losing money in your present?

Slacking Off Repairs Do More Damage

Acting lazy and overlooking potential repairs will do you more harm both financially and physically than you can imagine. For a majority of people, spending time doing repairs doesn’t seem like an ideal way of spending your off day. Even taking your car to the garage seems like a hectic task to some.

However, leaving your cars and house unattended isn’t a smart move because if repairs aren’t done on time, they’ll cause more damage. So, if you want to safeguard your assets, don’t delay the repairs, no matter how cumbersome they might seem. Because small issues, if left unattended, can lead to major repairs that will cost you a huge amount of money.

Conclusion

There are times in our life when we may feel tired, drained, and, lethargic. These are the times when we need a vacation and some time to ourselves. However, if you live a lifestyle of lassitude, it won’t bring you anything good. All it is going to do is damage your life both financially and socially. That’s why we suggest that acting now is better than regretting later!

Personal finances to survive the pandemic

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The pandemic has shown a spotlight on the importance of personal finances like no crisis before.

Even those lucky to have secure, well-paid jobs have found their incomes have been squeezed under government furlough schemes, whilst those in industries like hospitality, tourism and leisure have seen millions of positions simply disappear, in some cases forever.

And, whilst there may be a short-lived post pandemic boom, many are left with the stark choice of either unemployment or the long road of learning new skills.

Now is the time for people to take control of their own finances.

At the margins, this may mean cutting down on discretionary spend. For example, one industry that has boomed during the pandemic has been the online casino business.

Online casinos in Ireland listed here gives details of some of the key operators.

However, as fun as online gambling may be, it can be addictive if taken too far. And, even if it is a habit that can be controlled, people should never spend more than they can afford to lose, especially when their income is being pressurised anyway.

In fact, those finding themselves in a financial predicament need to sit down and budget so that they know what their monthly incomings and outgoings are, splitting the latter between essential items – mortgage/rent, utility bills, food, taxes et -and those of a more discretionary nature, such as travel and entertainment.

To supplement their income, they might use any money they have pot by for emergencies, cash in any investments they might have, take out a loan against any retirement fund they might have, or see if they can release any of the equity held in property they own, by re-mortgaging, for example.

They may also want to see if is possible to borrow any money in the short-term from family and friends.

At the same time, people should not be embarrassed about applying for any unemployment benefit or other relief offered by the government. Many people have been paying taxes and social security for years, so it is not as if they have not contributed to this state aid.

Nor does it stop there: many countries offer grants or assisted learning packages for those looking to acquire new skills or retain. Such help may be available either at the central or local government level, although they are not always well advertised.

If in doubt the best suggestion is to approach the local citizens’ advice bureau for more information.

Another thing that can be done is to approach any creditors directly to explore if there is a way that debts can be rescheduled, repayment terms extended, late fees waived or other alternatives.

Many creditors will be sympathetic given that these are unprecedented times, and be conscious of the need to show some flexibility. They will also be aware that, if they take too stringent a line they risk the possibility of absolute default on any debt owed.

It is Better for them to find a compromise acceptable to both parties than risk a worse outcome.

CJEU Annuls Decision Of Brussels To Claim 250 Million To Amazon

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The Court of Justice of the European Union last year overturned the European Commission decision that required Apple to return 13,000 million euros (plus interest) in unpaid taxes in Ireland.

This Tuesday the competition department headed by Commissioner Margrethe Vestager has once again received a new blow from the EU court of justice that further complicates its battle against the tax engineering of multinationals and tax pacts to minimize the payment of taxes.

According to the CJEU, Brussels has not sufficiently demonstrated the existence of tax advantages in favor of Amazon’s Luxembourg subsidiary and annuls the decision that forced him to return 250 million in Luxembourg.

It was in October 2017, after an investigation, when the European Commission decided that the authorities of the Grand Duchy should recover 250 million that the multinational would have stopped paying thanks to illegal tax cuts . “About three-quarters of Amazon’s profits were not taxed. In other words, Amazon paid four times less taxes than other local companies subject to the same national rules, ”Vestager denounced then.

Jeff Bezos’ multinational did not sit idly by and decided to appeal the decision before the European courts, as well as the Luxembourg Government. The General Court of the EU has agreed with them and has decided to annul that decision, considering that the Directorate-General for Competition of the European Commission “did not demonstrate sufficiently in accordance with the law that there was an undue reduction in the tax burden of a European subsidiary of the Amazon group ”.

According to the judges, the Brussels decision was based on an “erroneous analysis” and none of the findings of the Community Executive show that there were tax advantages.

Consolation with Engie
The court, on the other hand, has agreed with the Commission in its case against the French electricity company Engie. In June 2018, after another detailed investigation, Brussels demanded the return in Luxembourg of 120 million euros on account also of an advantageous tax treatment.

As Vestager denounced then, thanks to two tax agreements ( tax rulings ), two Engie subsidiaries evaded the payment of 99% of the benefits for a decade that were not paid anywhere. “The result is that you have paid an effective corporate rate of 0.3% on certain benefits,” Vestager noted.

The company, as well as the Luxembourg authorities, decided to appeal the decision, although on this occasion the court did agree with the Community Executive by verifying the existence of an advantageous tax treatment. The Government of Luxembourg has positively valued the outcome of the Amazon case while it has announced an in-depth analysis of the Engie ruling and reserves the right to appeal.

The judgments, says the Luxembourg government, “do not in any way question Luxembourg’s commitment to transparency in tax matters and the fight against tax evasion.”

The Best Times to Trade Forex — Traders Union Research Results

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Traders Union’s team of financial experts studied the information available in open sources about which days of the week and times are the best for trading in the Forex market. The experts also conducted research and a survey of successful traders working with brokers through Traders Union. The results of the research refute several well-established false hypotheses and provide more reliable data on what days of the week and times of the day are the best to trade on Forex.

Here  you can find detailed information on the progress and results of the expert’s research entitled The Best Time to Trade Forex.

The purpose and benefits of the Traders Union research

The purpose of the research by Traders Union’s experts was to determine the optimal times for trading in the Forex financial market. The benefit of the research is to provide traders with up-to-date and truthful information on what days of the week and times of the day are the best to make trades on Forex to maximize income with minimal risks.

Main questions considered in the study

The Traders Union experts reviewed and answered the following questions:

  1. What are the best times to trade Forex?
  2. How does the time of the day affect market volatility?
  3. How does the time of day affect the liquidity of major currency pairs?
  4. What days of the week have the highest volatility and liquidity?
  5. What days of the week are optimal for making trades on Forex?

Methodologies and protocols used by TU’s experts 

During the course of the study, the financial analysts and Traders Union experts conducted a global social survey of practicing traders over 18 years old, in which 2,000 people took part: 81% were men and 19% were women.

The survey was conducted through an email questionnaire, which took place in March 2021 and lasted two working days. The respondents were provided with questionnaires in English and German.

Respondents were categorized using the following parameters:

To obtain the most relevant and reliable information, the survey was carried out based on a comprehensive questionnaire among experienced and successful traders. The list of respondents was formed according to the following parameters:

Parameters Details
Trading experience 10+ years 5-10 years3-5 years1-3 years1 year
Average monthly growth of the deposit Up to 15%Up to 10%Up to 5%Up to 3%Up to 1%
Trading strategies Long term,Intraday

Other information studied by the Traders Union experts during the research?

As part of the study, the financial experts at Traders Union additionally studied and analyzed the following statistical data:

  • Schedule of the main trading sessions.
  • Overlapping trading times of the main trading sessions.
  • Market volatility at the intersection of trading sessions.
  • Liquidity of currency pairs on the example of the EUR/USD chart.

Conclusion

The results of a comprehensive expert study by Traders Union refute the anecdotally-based hypothesis existing in open sources that the best days of the week to trade in the Forex market are Thursday and Friday. Based on the studied statistical data and a sociological survey among experienced traders, the most optimal days and times of the day to conduct trading operations on Forex were identified.

On the “Best Time to Trade Forex” page, you can review and download the complete results of the research conducted by the experts at Traders Union.

Join Traders Union. Become a member of the world’s largest community for traders, and get more expert information on the financial markets for free!

Outstanding car finance

Checking car history before buying

More than two-thirds of new and nearly new cars on the road today are bought on finance. That includes Personal Contract Purchase, Hire Purchase or Lease Purchase.

Protect your money and get an outstanding car finance check

Regardless of the type of finance outstanding, a car cannot be legally sold until the debt is paid off.

Outstanding finance is a car that belongs to the lending company and not the driver or registered keeper, even if only a few hundred pounds are owing.

PCP and Hire Purchase deals are secured against the vehicle. Until a loan is settled, the car cannot be sold.

If you are buying from a dealer, the circumstances are a bit different. Stocking loans are lending facilities for dealers to buy new stock. When a car is sold off the forecourt, the dealer pays off the stocking loan, and the finance is cleared.

A private buy with finance outstanding checked

Here are the exact steps you need to follow when buying a car privately that you think has outstanding finance.  

  • Get a free car check from a firm like CarVeto or HPI Check. You will need the details provided in the report to see if the car has money owing. A good car history check will offer valuable bits of information such as the lending company, finance type (PCP etc.), agreement number and contact details.
  • Do not rely on a car history check provided by the seller. The report may be months or even years old with inaccurate information.
  • At the very least, run the car through the DVLA database to check basic car performance info, MOT history and current road tax status.

What to do if the car is on finance

Contact the finance company, state you plan to buy the car and need a settlement figure.
Follow the directions provided by the finance house.

Most often, the lender will insist that the finance be paid in full, preferably by the registered keeper (or individual named in the finance agreement).

The lender may be happy for you to settle the finance and pay the remainder to the seller. It will depend on the discretion of the lender.

Negative Equity car finance check

The exact definition is that the car’s market value (or selling price) is less than the amount owed against it.

A typical example is a selling price of £5,000 but an outstanding finance balance of £6,000.

In this instance, the lender must be paid the full £6,000. As you only pay £5,000 for the vehicle, the seller needs to pay the additional £1,000.

Recap

  • Obtain a settlement figure using the information provided in the car finance check.
  • Get instructions from the lender on how best to buy the car, i.e. the seller or paying off the debt.
  • You pay the seller the difference between the money owed and the value of the car.
  • If negative equity car finance occurs, then the seller must pay the difference.

Get a settlement letter

Whether you or the seller pay off the finance, it is crucial to obtain a settlement letter from the finance company that details the vehicle and no further interest.

Get a settlement letter in all cases as the legal document that keeps all parties safe and law-abiding. See the Financial Ombudsman for details.

If you have already bought a car and later found it was on finance, contact the Citizens Advice Bureau immediately for support. Ensure you have the sellers name and address, and vehicle details.

A brief history of infographics

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There’s no worse feeling than being confronted with information you just can’t understand. Very few of us are capable of digesting and comprehending large quantities of data — it’s far more likely that we end up staring at a sheet of paper (or a screen), with numbers and data leaving us confused. That’s why information graphics have become so popular in the past few years. Known as infographics, they are simply visual representations of information or data. “As a direct result of the explosion in demand for online content, infographics are now everywhere,” explain the animation experts at Frantic. This is “primarily for their ability to show cold, hard facts quickly and simply”. In the age of Big Data, the only way to understand the world is to, well, map it.

However, infographics did not appear hand-in-hand with the rise of digital media. In fact, humans have been found to visualise data thousands of years ago. So what is the history of infographics? What is an infographic? Where did they come from? And when did they start gaining popularity? Here, we’ll try to answer these questions and more.

Where it all started

Millennia before mankind developed the ability to read and write, humanity relied on graphics to convey information. Turning everyday life into images, cavemen drew paintings that illustrated births, battles, animals, and other significant beings or events. The drawings in the French Chauvet-Pont d’Arc Cave, for example, can be traced back to 37,000 BC, and is believed to have been painted following a volcanic eruption.

Egyptian hieroglyphs are probably the most famous manifestation of ancient infographics. By using symbols, Egyptians from around 3000 BC communicated letters, words, and concepts with each other, and future readers. The Babylonians in 600 BC triangulated their region to create their Map of the World, which is the oldest surviving world map. Although the chart is not a true representation of the region, it was a huge step forward in the way humans interpret information using graphics.

Medieval and Enlightenment

Speaking of maps — perhaps one of the most significant forms of infographics — the Dunhuang Star Atlas charted more than 1,300 stars visible from north-central China with remarkable accuracy, dating back to 649 AD. Prior to this map, much doubt existed about star information mentioned in traditional Chinese texts. The atlas managed to provide graphic verification of this knowledge.

The stars were of huge importance during this time period, not just in the East but also the West. In 816 AD, the Leiden Aratea was published. This astronomical treatise included a number of monumentous infographics, one of which being the famous Planetarium, a diagram of the positions of the seven planets and their routes.

Around 800 years later, the world entered the Age of Enlightenment, which brought forward many more detailed infographics. British polymath Joseph Priestley was one of the leading figures of the era, creating the ‘Chart of Biography’. This mammoth of an infographic detailed the lives of around 2,000 notable people from 1200 BC to 1764 AD, organising them into easy-to-view categories: Statesman and Warriors; Divines and Metaphysicians; Mathematicians and Physicians; Poets and Artists; Orators and Critics; and Historians and Antiquarians. Perhaps the most interesting part about it is that the entries were chosen by fame rather than merit, representing public opinion at the time. Priestley identified the need of infographics, remarking that pictures conveyed information “with more exactness, and in much less time, than it [would take] by reading”.

Industrial revolution

Despite the fact many infographics existed in various forms throughout history, up until the Industrial Revolution, there was limited data available and, as a result, few informational graphics were created. This all began to transform with the major changes of the early 19th century, as countries began to collect and publish data en masse. Weather, health, economy, population, and other aspects of human life became widespread, and the need to organise them in a manner that would be easily viewed and understood was made essential. What’s more, social issues could now be backed with facts and presented to the general public.

One of the people who made infographics what they are today was William Playfair. Living on the cusp between the end of the Enlightenment and the start of modern times, he became known as the father of statistical graphics. He invented the line, bar, area, and pie charts, all of which are still commonly in use. As a Scottish engineer, he apprenticed as a teenager to James Watt. Playfair was in charge of drawing up patents, and developed a love for both art and numbers. Following his apprenticeship, he became a political economist but, unlike his fellow scholars, he presented his findings in graphic form rather than a table.

His most distinguished work was a chart that mapped out wages and the price of wheat. At the time, grains were expensive and a catalyst for complaints from the nascent working class. Many claimed that the prices were driven up by growing wages. Playfair compared the two and showed that income was, in fact, rising at a lower rate than the cost of the product. Using his invention of the pie chart, he also showed the British paid higher taxes than other nations. He famously noted that data must “speak to the eyes” as they are “the best judge of proportion, being able to estimate it with more quickness and accuracy than any other of our organs”.

The road from Playfair’s work to infographics becoming an invaluable tool for the progress of humanity was short. In 1854, physician John Snow used a graphic visualisation of cholera incidents in London to find a large cluster around a water pump on Broad Street. This helped him convince the council to close the area, and as the disease rates diminished, it aided in the discovery of a much more significant conclusion — diseases are caused by contact with a contagion.

Three years later, famous nurse Florence Nightingale mapped out the deaths during the Crimean War, to find out that most soldiers hadn’t died in combat — but rather of ‘preventable diseases’ that were caused by poor hygiene. Her rose diagrams visualised the masses of data she collected, which in turn urged the Queen and Parliament to act. A sanitary commission was quickly set up to improve conditions, causing death rates to fall.

Modernity

By the late 19th century, statistics became prevalent amongst every layer of society, thanks to data visualisation. And in the 20th century, graphic representations of information became wide-spread in everyday life as well. In 1933, Harry Beck designed a map of the London Underground that displayed tube lines, routes, and stations available to Londonders. German graphic designer Oti Aicher used stick figure-looking icons for his minimalist posters for the 1972 Summer Olympics in Munich, which has been the basis of design for street signs ever since. Even NASA has been using infographics on aluminium plaques aboard their space-crafts, in case they interact with alien life forms.

Now, data is more important than ever. With new professions like data journalism, we further understand how vital it is to be able to collect and analyse data, while also presenting it in a way that everybody can comprehend. People are increasingly data literate, and we are finding more and more ways to make the consumption of large quantities of data even simpler. It’s hard to tell where the future is heading for infographics — all we know is that they’re not going anywhere. Who knows, maybe in a few years we’ll be able to see VR headsets that graphically depict our surroundings. Whatever happens, we’ve come a long way since drawing on cave walls.

Tips to Get YouTube Views?

As the second most visited site after Google, Youtube is more popular than ever. The platform proves to be much more than a place to get your daily dose of cat cuteness. It is where we look up absolutely anything from instructional videos to entertainment to fringe content that we didn’t even know existed but now are hooked on. With 300 hours of video uploaded every minute, the competition is tight, and the hustle to get more views is real. Because more views not only look good on paper. Getting more views means more ad revenue, more potential sponsorships, and of course, getting the love of the YouTube algorithm, and the chance to become a sustainable YouTube channel. If you too want more views on your videos, here we gathered some of the most effective tips.

  1. Make Custom Thumbnails

Thumbnails are the first thing a YouTube viewer will see when they browse through their recommended or look through their search results, thus; they are a big factor to get people to click on your video. Youtube creator academy stated that 90% of the best performing videos have custom thumbnails. This means you have to put some effort and creativity to get your thumbnails right. Have a unique thumbnail style that is reflected throughout all your videos to be recognizable. Use colors that stand out, like high saturated contrast colors. Have your face in the thumbnail, preferable with an exaggerated expression to get people’s attention right away. And most importantly, don’t make them clickbaity.

  1. Write Enticing Titles

To get more views on YouTube, you first have to get the initial click. Having an enticing title together with an eye-catching thumbnail can make that happen. Your titles should be short but descriptive. They should convey the benefit of your video in a few words. Make sure to use your main keyword in the title. And above all, your thumbnails should be an accurate representation of your video.

  1. Create Playlists

Creating playlists is great for increasing the watch time of your channel. They are convenient for finding what you want fast, as well as making it easy to consume more of your content. Categorize your videos into playlists and make them play automatically when your video ends. This will make viewers stick around for longer.

  1. Use Cards and End-screens

Besides playlists, cards and end-screens are the most effective way to influence a viewer to watch more of your videos. Cards are slide-ins that you can put throughout your video to link to another video with relevant content. Whereas an end-screen is a call-to-action display at the end of your video. You can put a subscribe option in them, give some video suggestions, or link to your website or other socials. Suggest a playlist instead of a single video on your end-screen to get the most out of it.

  1. Get a Better Ranking in Search Results

Having a good ranking in search results can significantly increase your views. There are several factors in ranking search results, but one key element is the keywords that are in your title, description, and hashtags. Research the most relevant keywords in your niche and look at what people are searching for. Use the ones that fit in your video to let YouTube’s search engine know what your video is about.

  1. Buy YouTube Views

When you have a new YouTube channel, it can be discouraging to see that you don’t get enough views right away. Unfortunately, getting organic views from YouTube can take time, patience, and tenacity even if you do everything right on your behalf. A quick way to get more You Buy YouTube views, buy them from a reliable source like Famety. To get more information check out https://www.famety.com/buy-youtube-views.

Conclusion on Tips to Get YouTube Views

Having a significant and steady amount of views on YouTube is an important factor in your success on the platform. Your views not only affect your revenue but also shows other viewers that you create good content that is worthwhile watching, which is key to growing your channel. Implement the tips mentioned in the article to get more views and have a thriving YouTube channel.

Things to Consider when Choosing a Sales Enablement Tool

Sales Enablement Softwares have reshaped the whole system of boosting sales for companies all over the world. In this modern era, people can now create customized environments for the training of their sales reps so that they have all the right resources they need in order to close more trade deals. These programs provide a wide variety of organizational options for your content, optimizing the sellers’ interactions with customers.

The huge success of sales enablement programs also means that a lot of them are now becoming available at the market. The competition is huge, but it makes the task of choosing between them equally difficult as well. Are you one of those who are facing a similar ordeal? Do you feel overwhelmed by the choices, and are looking for a helpful guide?

Well, look no further because, in this article, we have covered all the necessary aspects that you should consider while choosing a sales enablement tool. With our help, you can make an informed decision that would be right for your business.

Know what you want

This is perhaps the most basic thing you should clarify before making any decision. Form a clear-cut statement regarding what your company’s goals and objectives are and what kind of strategies are you implementing at the moment. Once you do that, you will figure out the gaps that need to be focused upon. This will also reveal which aspects of your sales need to be boosted. Is it training of sales reps? Is it content management? Is it keeping records and client profiles?

List down all the requirements that your objectives would require from a sales enablement software.

Ease of Usage

Imagine you chose a top-class sales enablement software that, once implemented, would boost your sales significantly. However, your sales teams could take months to fully learn its usage! Would that be the most optimized solution? Without a doubt, the answer should be no. A sales enablement software should have an easy learning curve so that your sellers can acquire the necessary skills to use it as quickly as possible. This will result in quick implementation of the program and, in turn, speed up the progress.

There are many softwares that are good on-page, but require months to be implemented properly. However, brands like Content Camel provide a straightforward platform that does not waste any time and produces quick results.

After all, time is money!

Security and Integration

A sales enablement software is basically a quick and easy way to connect different departments of your business together, in an efficient manner. Hence, it is necessary that these departments should have access to the content regarding your product in an organized fashion. Sellers should be able to share customer feedback with the marketers. Customers should be able to reach out to sellers for product specifications. A sales enablement tool should provide integration between these departments to make all that possible.

With integration, there also comes security hazards. The software that you choose should have a foolproof security system to prevent any leaks, along with providing sharing capabilities to the right people. Only a few companies such as Content Camel, manage to combine these two factors well.

Content Management

This is the crux of every sales enablement tool, so it is obvious that the choice of software you make should excel at it. Providing your sales reps with the right content at the right time could become the defining factor of a trade deal being successful or not. There should be no clunky features and the organization of data should be silky smooth on the platform. Moreover, the content should be organized in such a way that would make it easier for your sellers to find what the customer wants exactly. This will result in a positive response from them as their precious time is saved.

Final Verdict

Now that you know what things you should keep in mind when deciding on a software for sales enablement, you can make this choice in the right fashion. Though, it cannot be ignored that Content Camel is a tool that excels in every field necessary for a sales enablement tool in this category. It yields fast results, manages and organizes content with good control, and is easy to use at the same time. If your business requires a software that checks all these boxes, you can trust it as our perfect pick for you.

Moshen Rezaee: A Prospective Solution for Economic Development in Iran

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Next month, Iranians will head to the polls for the country’s 13th presidential elections. The polls take place at a critical juncture for Iran. Years of growing isolation due to the government’s nuclear program has resulted in all but economic collapse leaving the country’s future in serious question. 

A glimmer of hope was achieved in 2015 with the signing of the Joint Comprehensive Plan of Action (JCPOA), a multilateral treaty that relieved Iran from sanctions imposed by the United States and the European Union in return for guarantees that nuclear activities would be curtailed. The deal, which took years to codify, was essentially put to an end in 2018 when then President Donald Trump removed the U.S. government from the treaty. From Iran’s perspective, the most important consequence of Trump reneging on JCPOA was the reactivation of severe sanctions on the country, affecting its most vital infrastructure and cash generating industries. The oil and energy divisions, the nation’s single biggest revenue generator for both the public and private sector, has plummeted. The average barrel per day output (bpd) averaged a mere 1.9 million over the months of 2020, representing only half the production that took place prior to the introduction of sanctions.

Since then, Iran’s economic situation has gone from bad to worse. 

The Iranian rial has lost about half of its value over the past two years, making the acquisition of vital necessities nearly impossible for much of the population. Further deteriorating Iran’s monetary situation is the ever increasing inflation the country has experienced over the recent period. In the past three years alone, inflation has gone up no less than fifty percent, making even government social safety nets barely effective in keeping citizens out of dire poverty. 

Unemployment has been on a steep rise as well. By the end of 2020, the percentage of Iran’s labor force left without a job had reached sixteen percent. Reports of these numbers contracting have been met with extreme skepticism, and if anything have been taken as indicators of further contraction of Iranian markets. Today, it is estimated that six million Iranians are out of work. Exacerbating the economic death spiral has been the fallout from the COVID-19 pandemic. Iran has been hit exceedingly hard by the virus, with average death rates far exceeding neighboring countries. According to international media, Iran’s corona crisis quickly deteriorated into a disaster in mid-2020, due to a combination of poor governance, inept health policy, and disinformation–sometimes involving outright censorship of vital health related information. This has turned Iran’s crisis into what some economists have dubbed a “double-edged sword” that has wounded the society deeper than other countries. To make matters worse, the population sees no improvement on the horizon for its COVID-19 catastrophe.  By its own admission, the government has not succeeded in its vaccine drive, with only 0.3 percent of citizens having received any vaccine. According to an IMF report,the Persian nation is expected to vaccinate a significant portion of its population by mid-2022. 

In the face of this ever growing crisis, the government seems powerless to effect change. With the national debt reaching a whopping $254 billion, amounting to some two thirds of total GDP, there seems clear the regime’s model for change has failed. 

With the state of the nation’s welfare being the central issue in the upcoming elections, one candidate alone is speaking the language of reform. 

Mohsen Rezaee is no newcomer to Iranian politics. A long-time commander in the regime’s Revolutionary Guard Corps (IRGC), Rezaee has made a name for himself over the years a level headed pragmatist despite his conservative credentials. Rezaee’s moderate approach is mostly known in regards to his policies on international relations. He has publicly taken a more practical stance on resolving the nuclear deal with the United States and Europe, shunning the direction of many of his colleagues whom he sees as tainted by ideological considerations. But beyond diplomatic issues, Rezaee has long advocated reform in many areas of Iranian governance, especially when it comes to Iran’s economy. Back in 2012, when the country first faced the prospect of heavy sanctions initiated by the United States, Rezaee, already a prominent MP at the time, campaigned strongly for diversifying Iran’s economy. Rezaee’s knowledge of Iran’s economic challenges is first hand. For years he served as chair of the commission for macroeconomics and commerce. He also holds a PhD in Economics from Tehran University. 

As Rezaee put it, his vision is to create “a new economic system” and to “renovate Iran’s economy” over a two year period. The plan calls for strengthening domestic industry, cutting off reliance on foreign supply chains, and creating legal and tax incentives to boost production levels at home. “This is not going to be an austerity economy nor it will it be an underground economy”, saidRezaee, “but an economy that will be within [recognized] economic theories to address conditions under sanctions.” Perhaps above all, the former IRGC general calls for limiting Iran’s reliance on gas and oil, a step the regime has sought for decades but has never implemented. “If we had not faced sanctions, we would never have thought of [reducing our dependence on] oil,” saidRezaee. “Sanctions are dragging us in that direction.”

Dealing with a new American administration, Iran finds itself in unique position, one in which its citizens are looking for substantive change and a shift from ideologically driven policies. Mohsen Rezaee, with his track record of unabashed pragmatism, should put him squarely on the radar of not just Iran’s population, but leaders around the world. 

5 Signs of Good Online Casino in Poland

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What do you consider when selecting the right casino site? Gaming enthusiasts will admit that selecting the right casino site is a challenging step today. There are many of them out there that offer almost similar services.

It is difficult for gamers to find the right site with the gaming features they are looking for. You must be keen on your selection to end up with the right site. Check on vital aspects such as customer support, the safety of data and funds, and other reliability issues.

Shockingly, not all casinos have the excellent services you will be looking for. We linked up with our top gamer Jacek Michalski (view profile), to enlighten you on the essentials when looking for a legitimate online casino. Here are the top aspects to consider.

Customer support

How would you feel when you are given the right treatment when seeking services online or at physical premises? Every business understands that reliable customer service is a priority in the business.

The same translates to the gambling business. The casinos understand that they are operating in a highly competitive environment. They thus have to treat their customers right by responding to their queries in time and putting a reliable support team.

Some companies have gone as far as putting chatbots that learn the needs of the gamers. When looking for a good online casino to join, consider the customer team and see how they respond to queries. The nature of customer support is one of the features that experts at https://kasynos.online/ use to rate different platforms that they review.

Safety of the site

When it emerged that the internet was the next big thing the world was expecting, everybody was excited and anxious to know what it could bring. True to their excitement, it has remained a true helper and solution provider to humanity’s problems.

It’s through it that many technological innovations have been made. However, it is no longer safe for the users. There are many fraudsters online who are after the users’ data and funds. They use all sorts of mechanisms to steal from unsuspecting users.

Some have created sites that look like the original ones to lure the users into giving them their data. That puts every user at risk of losing data and funds. But the casinos are doing much to provide them with amicable solutions.

They have data encryption and other protection methods that shield their users. Therefore, check on the right sites that use advanced systems to protect users.

Variety of games

The game collection is an important consideration to the players. If they fail to find the games they need, they will have no business staying on the site. There are sites with a limited number of games. That makes them not meet the player’s needs. Others have quality games that every player is looking for.

Which one would you go for? The one with an unlimited number of games. That way, you will play to your satisfaction and yearn for more playtime. Before joining any site, go through its game selection to ascertain that it has the games you need.

Promotions and bonuses

Do you always check on the wagering requirements on each bonus? Only a few players take their time to determine if the site they have joined offers the bonuses with the right wagering requirements. Not all bonuses have the same conditions.

There are those with unfriendly requirements. On the other hand, some will require you to use up to a certain limit of your stake before becoming eligible to withdraw the bonus. Check on the bonus requirements of the site first before you play online casino to avoid regrets.

Payment methods

Do you still use cash in your transactions? Gone are the days when cash transactions were the only methods of payment. There are currently better methods of transacting. They include cryptocurrencies, bank transfer methods, credit/debit cards, and eWallets.

All of them are currently accepted by the majority of Polish sites. However, you will find out that there are sites that restrict the use of some methods. Therefore, when selecting a site, settle on the one that has a flexible payment method that will allow you to transact comfortably.

Considering the above, we are confident that you will make the right decisions on your next search for a good online casino. Ensure that you always focus on having fun at such sites.

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