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Simple steps to improving your credit

Bad credit has the potential to put your life on hold. If your credit score is worse than normal, you may find that you’re being charged higher interest rates on your credit card rates and loans, or your loan applications might be outright refused. You may also have more difficulty being approved by a letting agency for a place to live, and you could even be denied employment.

Fixing a poor credit score is not altogether impossible, so if you’re struggling with bad credit, choose to look at the scenario with an optimistic mindset. There are plenty of simple ways that you can go about improving your credit, and you don’t have to overwhelm yourself with all of them at once. Here are the easiest ways to improve your credit:

 

1. Keep your credit card balances low

If you’re a big credit card spender, it might actually be a good idea for you to split your spending between multiple credit cards, so that you can keep each balance fairly low. It’s not a good idea to spend over 30% of your available credit on a credit card, or it could hurt your credit score. Avoid bad spending habits and spread it out if your spending tends to be quite high.  

 

2. Remove hard credit enquiries from your credit report

Your credit report is something that’s produced annually, and documents your credit status and credit activity, such as loan history and debts. Companies can check your credit history when considering whether to offer you a loan or determine how creditworthy you are, and each enquiry can potentially impact your credit. Luckily, there are ways to get rid of your hard credit enquiries from your report – this page on Crediful shows you how.

 

3. Dispute inaccuracies on your credit report

Just as there’s a way to remove hard credit enquiries from your report, there’s a way to remove inaccuracies too. Take a good look over your report, and if you notice that something isn’t looking right, dispute the information and keep pressing until you see a resolution. It’s best to do this in writing, so you can go back and reference should you need to.

 

4. Consider other forms of repayment

If you’re a credit card-only person, or you usually get by with applying for loans, try mixing things up and going for a combination of the two. Having both types of credit, and paying them off when you’re supposed to, can actually help you to improve on your credit score in the long run.

How long will it take to boost credit?

Unfortunately, there’s no fast pass for good credit, especially if yours is particularly poor. But with the right sort of commitment, you can expect to start to se positive changes after the first six months or so of taking action. If you’re disputing errors, you should see a change to your credit within one-to-two months, when these items should be removed from your credit report. Other processes can take a little longer to show through.

 

Australia will use face-recognition system to restrict gambling and gaming

The Australian government decided to give a try to the new generation system. Gambling is the most significant industry in Australia, so the government has agreed to accept a few restrictions. There are new campaigns against gambling and gaming. Protests have nothing against gambling – they just want to limit gamble addicted people at an individual level. Most authorities In Australia are ready to restrict addicted gamblers or underage people for a few things. South Australian Attorney-General Vickie Chapman noted that Australian officials think to accept new legal standards.

 

Problems with underage gamblers

Not every protest is related to addicted gamblers. Most of the time, underage in Australia try to access online Australian casinos successfully. There is no technological system to eliminate underage people from accessing casinos.

In a new statement, we read those new technologies would be accessible from 2020. The Department of Home Affairs suggested that face recognition will be another level of generational technology. With the help of modern technology, online casinos will match a face to a photo documentation they got from the registered users. If the approved image of the user is not matching to front-camera face, then the user won’t be able to place a bet or play favorite pokies.

Yet, we don’t know the limits of restriction as it’s still in the parliament of Australia. Now the committees have to study the proposal and find out whether the new approach is legally approvable or it breaches some international agreements about privacy.

 

An international approach to the face recognition system

Australia is very popular in the casino industry. Australian pokies online are dominating the charts because of popularity. The perfect legal framework from the Australian government gave great freedom of mind to Australian casino operators. Despite the popularity of Australian casinos, we have seen many online operators from different countries. We have seen a scandal in the US, Illinois regarding face-recognition system. Two persons sued Caesars’ Harrah’s Casino for violating BIPA. BIPA is the abbreviation and stands for the Biometric Information Privacy Act. The mentioned act was legally voted in the US back in 2008.

Lawsuits talk about new technology that can recognize the face. Despite good intentions of Casino operators to limit the addicted gamblers, in a lawsuit, we read a statement about scandal in Macau. As you may know, there are rumors that Macau gambling operators are trying to recognize faces to understand whether they will spend more money or not. It’s still a rumor, but lots of gamblers are talking about this in Macau.

 

What future holds of gamblers?

Implementing new technologies is inevitable. With the help of artificial intelligence, we can see that casino operators and governments are tasting the risk of technological advancement. It also depends on customers’ reward, whether they can get user experience improvement from new legal approaches.

Change Your Spending Habits With These Tips

As the years go by, we realize that everything is getting more expensive. Necessities that used to cost less money have now become close to a luxury due to increased prices, while our needs are still the same if not more. This has made a great impact on how much a person can save in terms of money. It has also made a lot of people start looking for different ways to improve their spending habits so that they can live a good life while still thinking ahead. Here are some tips to change your spending habits for the better.

 

1. Set a Budget and Stick to It

This may seem like a very repetitive tip, but that is because it is one of the most effective ways to change your spending habits for the better. People who do not have budgets set are the ones most likely in need of changing their spending habits. Setting a simple budget will help you prioritize your expenses and understand what is a necessity and what you can let go of. Setting a budget is great, but if you do not stick to it, then it was just a total waste of time and effort. If you feel like you cannot stick to a very strict budget, start small and slowly build up to budgeting all expenses and actually following through with what you have set as a budget.

 

2. Create a Savings Plan

Knowing exactly how much to set aside each month is a habit that will help you save money. Just set aside a specific amount of money at regular intervals, as if you are paying a loan off or paying a credit card payment. Even if you start with a small amount of money, if you stay consistent with your savings plan, you will find yourself with a substantial amount of money after a while.

 

3. Set an Objective

Most people save money for a certain objective they have in mind. They want to buy a car or invest in a good retirement plan. No matter the reason you choose to start saving money, keep it at the forefront of your mind as a reminder at any point where you might think of spending a little bit of money out of the budget. Knowing your priorities will also ensure that you put your goal first, which will push you towards spending less money.

 

4. Prep Meals

Instead of eating out, try preparing your meals yourself, preferably in advance. This will save you a lot of money that would have otherwise been spent on takeout, and it will lower the chances of impulse fast food buying after a long day at work because you already have the meal ready and just have to heat it up. Not only will you be eating healthier because everything will be home-cooked, but you will also have an easier time sticking to a budget.

Following these simple yet effective tips will have you making your spending habits better in no time. You just have to be consistent and remember that even if you do slip up, it doesn’t mean you should quit the whole process.

VERA & JOHN CASINO – THE PREMIER ONLINE GAMBLING DESTINATION

Online casinos have become a massive trend, especially now that digital payment options have made the transaction process, for both deposits and withdrawals, much easier. While there are countless online casinos, one that stands out above the rest is Vera & John Casino. 

 

GAMES

Vera & John offers a wide range of games including blackjack, slots, poker, roulette, and so much more. With over 400 games on offer, you’re bound to find something that suits your interest and your budget. There are tables accepting a $1 minimum and $100 minimum as well. You’ll be spoiled for choice and will be spending a great amount of time just deciding on what to play. With so many games, there are more chances of winning big!

 

BONUSES

If the number of games doesn’t attract you, then the bonuses definitely will! You’re entitled to a 100% bonus on your first deposit and will have double the money you put in to play with. On your second deposit, the bonus can vary depending on the amount of money you’ve deposited. The site’s terms change from time to time when it comes to the second deposit so be sure to keep an eye on them when you’re making the second deposit to ensure you get the maximum bonus possible.

 

BIG PRIZES

Each day, the website puts up the “Game of the Day” where you can view which games had the highest payouts. This gives you an indication as to where the biggest prize money can be won. Even without these daily updates, you have a chance to win big as some of the games even pay out upwards of $1000 on any given day.

 

SMARTPHONE SUPPORT

Vera & John Casino is supported across multiple platforms including Windows, Apple, and Android. In fact, it is one of the few online casinos that support smartphones. They go a step further though and have claimed to be the only online casino that offers smartphones, as a usage platform, and offer their services in Japanese.

Also, smartphone usage is not limited to playing games only. You can register your account, deposit money, and withdraw money, all with the convenience of your handheld device. There are also no limitations on the number of games and all the games offered on the website are available for play on mobile as well.

 

DEPOSITS

Vera & John Casino offers standard deposit methods including credit and debit cards, on both Visa and Mastercard’s platforms. They go a step further and offer digital payment options such as Neteller and i-BANQ. The pay-out options are just as convenient and include direct bank transfer, in addition to Neteller and i-BANQ.

However, before you enter your information, make sure all the details are put in correctly to avoid any issues. If any issues come up, response times aren’t exactly the fastest, which brings us to our final point of the day.

 

CUSTOMER SERVICE

The one drawback of Vera & John Casino is the limited forms of communicating with customer support staff. There is no hotline or phone number where you can direct your queries, so you’ll have to use the live chat option or email to address any issues you may be facing. To learn more on Vera & John Casino, head on over to https://onlinecasino-campaign.com/site-list/verajohn-casino/

Travel Insurance: Everything You Need To Know

Travel insurance can significantly reduce the financial risks associated with traveling: accidents, lost baggage, missed flights, terrorism, travel-company bankruptcies, theft, and canceled tours. Each traveler’s potential loss differs greatly, depending on the prepaid amount, how refundable or nonrefundable your ticket is, your health condition, the total value of your luggage, and your destination.

If you travel regularly, insurance is an incredible deal. And if you want peace of mind while on your trip, you’ll definitely make travel insurance your number one priority. Take the following considerations into account, explore your options, and travel in style!

 

Understanding the Basics

The travel insurance menu incorporates five main courses: flight insurance, loss of baggage, medical emergencies, evacuation, and trip cancellation as well as an interruption. But supplemental policies can always be added to cover specific concerns, like identity theft and political evacuation. And instead of purchasing each of them separately, consider getting comprehensive travel insurance that offers all the above services in a single package.

With a reputable Australian travel insurance company, you’ve access to comprehensive packages that act as your primary coverage. However, it’s important to note that insurance premiums vary significantly depending on your age, with most packages costing about 5 to 12 percent of the total trip. Rates increase dramatically for those aged over 50 years, while coverage is generally much affordable for children below 17 years of age.

 

The Different Types of Coverage

Different travel insurance policies offer different levels of coverage depending on whether you buy the car rental, flight, or hotel directly on your own or via a travel agent. Typically, travel insurance is available in three options; single-trip, multi-trip, and the comprehensive package. Inquire this from your insurer, and always read the fine print carefully to find out what’s covered.

The policies vary significantly from one state to another, and not all insurance firms are licensed in every state. It’s also imperative to note that certain travel insurance policies, particularly trip cancellation coverage, are reimbursement-only.

 

What Happens If Your Trip Is Cancelled/Interrupted?

Frankly speaking, this is one of the most worthwhile types of coverage. It can be very expensive cancelling or interrupting your prepaid travel. But with only a small fraction of the traveling cost, you can actually reduce the risk of losing money in case something unforeseen gets in the way.

But before purchasing this form of coverage, ensure that you consult with your credit card issuer- yours might be offering limited for flights and tours purchased with the card. Whether you’re traveling independently or an organized tour/cruise, having a trip-cancellation or interruption coverage can be extremely helpful as it will save you from losing the prepaid expenses like your flight and all nonrefundable hotel reservations.

 

The Bottom-Line

If you’re a frequent traveler, purchasing travel insurance is perhaps one of the biggest investments you can make. Not only does it safeguard you against medical emergencies but it also reduces the financial risk that comes with the loss of luggage, missed flights, trip cancellation, accidents, terrorism, and travel-company bankruptcies.

 

Factors To Consider Before Buying Insurance

Buying insurance is a big decision and you should approach the decision in an informed and calculated manner. This article will aim at informing you of what factors you should take into account before you finally decide to sign the dotted line and subscribe to an insurance policy.

So without further ado, let’s go!

 

CONSIDER ALL YOUR OPTIONS

There’s more than one insurance company in the market and the amount of competition gives one so many great options. You could consider hiring the services of an insurance broker or agent or just approach insurance companies on your own and take your time with the process and learn along the way. Ask all the questions that come to mind and make sure you’re clear with all the different terminologies and have all the numbers noted down correctly. Don’t be afraid to ask questions as one of the insurance provider’s jobs is to ensure that you as a potential subscriber are aware of all the facts.

National Guardian Life is one insurance provider that offers a variety of affordable insurance plans. If you’re looking for reliable services and a concise process then be sure to check NGLIC insurance options

 

FOCUS ON WHAT THE POLICY DOESN’T COVER

Insurance providers will talk a lot about what their policies cover and will plaster it over every marketing and promotional item you can find. They divert your focus towards what is covered that you forget what ISN’T covered under the policy. While we mentioned the importance of asking questions above, it is vital that you most certainly ask your insurance provider what the policy does not cover.

The term used in the industry is “exclusions” and you should ask the insurance provider to explain every single exclusion before you get too deep into the conversation. Don’t stop the discussion if the exclusions don’t suit you, but make sure to be aware of them before you consider all the positive aspects of the policy.

 

CONSIDER YOUR BUDGET

Before you subscribe to a policy, sit down and assess your budget to judge if you’ll actually be able to make your payments on time. Deferred payments can lead to a variety of issues including a higher risk assessment which leads to more expensive rates. Even if your budget gives you enough allowance to be able to make your payments, make sure to adjust your savings accordingly to be able to pay from them if any unexpected and unfortunate times were to suddenly hit.

 

REVIEW AND MAINTAIN YOUR INSURANCE REGULARLY

Regardless of your purpose to purchase insurance, you need to regularly revisit your insurance requirements. As time passes by, our needs tend to change as well. For example, you might be subscribing to medical insurance for yourself one year and the next year would need to change your policy if you were to get married and have a child. 

Therefore, you should actively sit down every year to revisit your insurance arrangements and compare them against your actual needs. Also, keep all your correspondence with your insurance provider stored safely as these are important and legally binding documents.

What to Remember When Looking for a Loan for Bad Credit

If your credit reports have derogatory remarks or your overall credit score is not that impressive, you are likely to feel discouraged when you start looking for a loan. The thing is that you can find loans for bad credit, but they won’t be easy to come by. Understand that a lender needs to feel confident about getting their money back, and one of many factors giving them a confidence-booster is your high credit score. Your bad credit history tells a lender how you’ve been using and repaying your credit in the past. Where good credit makes you a valuable customer, bad credit can do the opposite and make it extremely difficult for you to qualify for a reasonably good deal.

However, being difficult does not mean you should resort to extremely expensive forms of borrowing – many people opt for payday loans to meet their needs and end up hurting their credit history even more. Before you make a decision, here are a few things you need to know.

Know Who can Offer Loan for Bad Credit

Understand that anyone can choose to lend you some money, and the availability of many comparison sites has really made it possible to find those lenders. The thing is that lenders usually have their own specific cutoff credit scores. It means that sometimes you think your credit score is too bad to get a loan, but a lender might think differently because your score does not fall below their cutoff. 

Sometimes, lenders only consider your scores, but on other occasions, they might want to take a closer look at your credit history, and that is when they also consider your “debt-to-income ratio”, which can make it even harder to qualify for a loan and that too at a reasonable interest rate.

Tips to Qualify for a Loan

People with bad credit usually have a hard time finding the ideal loan by themselves, and they usually need to find a co-signer with a healthy credit to help them get a loan. However, it also makes great sense to take steps to improve your credit score. Even a slight improvement in your score can drastically increase your chances of getting a loan.

Improve Your Credit Ratings

Getting familiar with your credit reports and scores is the first step to take, especially if you have no clue where your finances stand. Once you know things are not that impressive, consider taking the following steps:

  • Be sure to make your current payments in a timely manner. You cannot change your credit history, but don’t let it stop you from changing your future. Making at least the minimum payments would really help improve your scores.
  • Keep your debt low. You should ensure the debt you owe is lower than your total credit limit. The goal should be to avoid over-the-limit or maxed-out lines of credit.
  • Improve your credit history length. It may sound counter-productive, but keeping your old accounts open can sometimes help you improve your credit score.
  • Avoid opening multiple new credit accounts. Doing it in a short time would make you look like a risky customer. You should open a credit account only when it is absolutely necessary to keep your finances under control.

 

Consider Types of Loans

It really pays off to learn a bit about the types of loans you can hope to get even when you have less-than-perfect credit scores. You can usually opt for two types of loans:

  • Unsecured Loans: Personal loans fall into this category and you usually need them to refinance debt with a  very high interest rate. You may opt for it also to deal with an unforeseen expense. It is usually not easy to obtain these loans and most unsecured bad-credit loans come with exorbitant interest rates.
  • Secured Loans:  A home equity line of credit falls into this category because collateral is used to secure the loan. While you may be able to get a secured loan more easily and that too at a lower interest rate, you put your collateral at risk if you fail to repay as agreed.

In case you really think you can manage a new loan better and even use it to improve your credit history, you may consider looking for a loan that allows a co-signer. You can ask someone with a healthy credit history to help you with this, as that would make it possible to get a bad-credit loan with a rather manageable interest rate.

When You Get a Loan – Eventually!

You will certainly have to go through some hassle to find a lender who’d be willing to help you when your financial situation is not that impressive. However, if you keep important tips in mind and end up finding a deal, be sure to remember the basics. There are actually a number of things to ask before you select a lender. Start by asking about the base interest rate and confirm if and when it changes or stays fixed the term and how will affect payments. Some finance companies take administration fees the first month and others the final. Ask about fees and enquire if there are any others because it alters your payment for that month and that could put your account into arrears. Find out how you are permitted to use your loan. This is especially true if you’re interested in buying a car and going for a bad credit auto loan. Can you buy from a private seller or can you only use authorized dealerships? To speed the process, ask which supporting documents they need before you start the application and if you can send them by secured email. Finally, you will need an idea of how long the process takes.

Conclusion

It all boils down to the fact that you cannot find a lender who’d ignore your credit score while forwarding you a loan. But, that does not mean you cannot qualify for a loan at all. You can certainly take so many steps to find a lender and even try ways to improve your credit score to ensure you end up securing a much better deal. Therefore, be prepared to do your research before you take the plunge!

 

Great Britain Heads To The Polls To Break Brexit Deadlock

It feels like the Brexit impasse in Great Britain has been going on for years, and in some ways, it has. It’s been more than three and a half years since the UK went to the polls and decided – by the narrowest of margins – that it wanted to leave the European Union. David Cameron was the country’s Prime Minister back then. Since then, there’s been a General Election, Theresa May has been and gone, and Boris Johnson has come to power with a minority government. Perhaps because of all that inward-focused political wrangling, the country is no nearer to actually going ahead with Brexit. Like a cat that meows to be allowed out, it’s succeeded in getting the door opened but has done nothing since but sit and stare at it.

While both sides of the Brexit debate have dug their heels in and insisted that their way of handling the situation is the only way, business leaders in the country have reached the point of near despair. Any company within the UK that trades outside of its national borders has been unable to make concrete plans for the future ever since the referendum ended with a decision to leave, and they still can’t. They’ve been pleading for clarity since the days of Theresa May’s ineffective rule, but thus far have got none. That may finally be about to change.

The biggest fear of the country’s business and financial sectors was that the country would collapse out of the EU without any future trade agreement in place, and the resulting impact on exchange rates, the value of the pound, tariffs, and freedom to trade abroad would be devastating. That nightmarish scenario has for now – seemingly at least – been averted. When Boris Johnson came back from talks with the EU touting a new deal mere weeks ago, those same business leaders backed it. Unfortunately for them, the deal was seen as detrimental to Northern Ireland and was blocked by politicians sympathetic to or representing the country. Now, MPs have finally voted to end the impasse the only way they know how – calling a third general election in five years.

If the polls are to believed, this should be an easy victory for Boris Johnson and his Conservative Party. They enjoy a significant lead over Labour, and if reality reflects the polls by the time election night arrives on December 12th, Johnson and his party should have a large enough lead to enact any legislation they wish without interference from other parties. If Johnson wants his deal to pass Parliament, it will pass, and there will be nothing and nobody capable of stopping him. By now, though, we should all have learned to ignore the polls. The polls said that the Tories under May would win a landslide majority in 2017, but they didn’t. The polls said the UK would vote to stay in the European Union, and it didn’t. Even in the USA, the polls said that Donald Trump wouldn’t become President, and he did. Could history repeat itself yet again with this latest election?

The situation in the UK is perhaps even more complicated now than it was in 2017, and if we were to put money on the outcome, we’d still have some reservations about backing the Conservatives. Because of the number of variables involved, betting on the outcome of this particular poll is no more reliable than betting mobile slots on website like Rose Slots. That’s perhaps why mobile slots games with electoral or political themes have become popular in recent years; it’s entertainment reflecting reality. The most notable difference is that most mobile slots players are eventually happy with what they see on the reels, even if only for a fleeting moment. There may be no result capable of bringing an increasingly divided Great Britain back together.

Lynton Crosby expects Brexit will be the key issue at the ballot box, but there’s still no agreement within the country on whether Brexit should happen at all, and what it should look like if it does. There’s no sign that the 48% of people who voted to stay in the EU have changed their minds about doing so, and there may now be more voters that agree with them. Of those who want to leave, there’s a hard split between those who want to leave the EU gently with a deal in place and an agreement for a future close relationship, and those who want to completely sever ties and leave with no deal at all.

This is reflected at a political level by the parties that will be involved in the election campaign. The Brexit deal on the table might be Boris Johnson’s work, and Johnson may have been one of the most prominent figures in the campaign to leave the European Union, but he wasn’t the only notable figure. Nigel Farage was equally significant in that campaign, and his voice is still an important one to those who voted leave. Farage opposes Johnson’s deal as he feels it ties the country too closely to Europe. This is significant because Farage is now the leader of the Brexit Party.

If Farage and his party campaign for the same seats as Johnson and his party – which seems entirely likely – then the leave vote could be split. That would badly dilute the Conservative share, and allow Labour to grab more seats. The more seats Labour grab, the closer we get to a completely inconclusive hung Parliament with no overall control – and a bigger political mess than the one the country finds itself in already.

In the event of a hung Parliament, both the Liberal Democrats and the Scottish Nationalist Party – likely to end up with 10-15 seats each – will have a vital role to play in what happens next. Both parties are opposed to leaving the European Union at all, and will campaign to revoke Article 50 and remain in the EU instead. It’s difficult to imagine any circumstances in which either party would prop up a Conservative government by forming a coalition with them. That opens up the prospect that they will choose to ally with Labour instead and therefore make Jeremy Corbyn Prime Minister.

Is that the most likely outcome, then? Possibly not. Liberal Democrat leader Jo Swinson seems to have a personal distaste for Corbyn and has previously insisted she would never ally with his party while he’s in charge. The SNP has also previously sworn never to stand shoulder to shoulder with Labour, although not in terms as absolute as the Liberal Democrats. Just because an alliance between the parties might form a majority doesn’t mean it would necessarily happen.

This latest attempt to break the Brexit deadlock is exactly that – an attempt. There’s no evidence that the attempt will be successful. It may even be more likely that the situation becomes less clear than ever before.

Predictions For Gaming Technology In 2020

The gaming industry could well be the fastest moving on the planet right now, with technology advancing at such a pace as time goes on. This sector is extremely broad, as it encompasses anything from hundreds of slots and online poker to Fortnite and eSports. The industry is quite unique as some titles are timeless while others quickly lose their appeal. But developers are constantly employing technology to reinvent existing games as well as create new ones.

As a consequence what’s new and trending now may well be old news a few months down the line, with the landscape looking a lot different year on year. Therefore, as we head to towards the end of 2019, everyone is eagerly anticipating what’s to come from gaming tech in 2020.

Both Augmented Reality and Virtual Reality are very much alive in the gaming industry, adding a whole new level of immersion and enjoyment to proceedings. However, so far, the popularity hasn’t hit the enormous heights expected of it, but there’s hope 2020 could be the year all that changes. Gamers want to experience total immersion, they want to feel a part of the action, and when this is indeed possible, the gaming landscape will change forever.

An integral part of making the above, as well as many other things possible in the gaming sector, is the reliability and speed of the internet connection available. The fantastic news is that 5G has begun to roll out, and this will prove to be a complete game changer. 5G is by far and away the fastest and most reliable way to game so that a Virtual Reality experience will be seamless throughout.

Another area where 5G will have a massive impact, and it could prove to be the biggest news of 2020 is cloud gaming. We live in an era where streaming has taken over, with services such as Netflix ruling the roost. If it works for video, it surely works for gaming too, and this is something we can expect to see come to fruition next year. Being able to play games on-demand, from wherever you are and whenever you like will change the face of gaming. The appeal will undoubtedly be enormous.

Talking of being able to play games whenever and from wherever, mobile gaming is continuing to hold its own in the industry. More and more people are now turning away from consoles and PC to game on the go, and who can blame them when the latest smartphones are capable of so much more than they used to be.

However, while it may be full steam ahead for mobile gaming, there’s a resurgence happening in the handheld sector too. The Nintendo Switch is undoubtedly one of the best-loved and most popular consoles on the market, and the Switch Lite is now a thing too. The success enjoyed seems to have sparked the interest of other manufacturers also, and 2020 could be the year we see rivals come to the fore to challenge Nintendo in a market they’ve always controlled.

Every year seems to be the biggest one yet for gaming and the technology behind it, and while 2019 has been tremendous, 2020 will undoubtedly be more significant. Technology advances so quickly, everything must move with it, and this applies to the gaming sector. One intriguing trend to observe is the incorporation of outfits representing iconic figures from diverse media into games, exemplified by the “Fortnite Batman Who Laughs” outfit, poised to enrich the gaming experience profoundly.

Ecuador – The fight Against Moreno and the IMF is far from Over

By Peter Koenig

In Ecuador, the fight against IMF austerity measures is far from over. Just a few hours after my article was published on Sunday, 13 October, Ecuador  – and the IMF’s Killing Spreehttps://www.globalresearch.ca/ecuador-imf-killing-spree/5691857, President Lenin Moreno declared the infamous Decree 883 was canceled, i.e. the astronomical price increases for fuel were reversed, the (police) state of emergency and curfew were called off. He wanted to put an end to the 11 days of protests with police and military induced violence.

The police, supported by the army carried out repression during the protests, like they have not been seen in Ecuador’s recent history, claiming at least 7 death, about 1,340 injured and more than 1,100 arrested. The streets of Quito were an absolute chaos; destruction, fire, tear gas, smoke.

Austerity measures, other than an exorbitant hike in fuel prices, included shrinking government spending, laying off 23,000 state employees, privatization of social services and infrastructure – and more – all linked to the IMF loan of US$ 4.2 billion. These measures were apparently also “canceled”. At least, so it looked and sounded at the outset.

This seeming victory was achieved largely thanks to the indigenous movement, the Conaie (Confederation of Indigenous Nationalities of Ecuador) – an umbrella organization of indigenous groups across Ecuador. They have relentlessly fought for their rights and against the ferocious abrogation of all the social benefits they acquired – finally – during the ten years of Rafael Correa’s socialist government – which served, and still serves, as an example for much of Latin America.

Not the indigenous groups, or anybody else of the Ecuadorian people – were consulted about the IMF loan. The basic IMF deal was already brokered in January 2019, when Lenin Moreno met Madame Lagarde, at that time still head of the IMF, at the World Economic Forum (WEF) in Davos. There were just some “minor issues” that Moreno had to resolve before he could sign this horrendous debt onto Ecuador’s books.

One of the “issues” was a request by the US via its extended arm, the IMF – to expel Julian Assange from the Ecuadorian Embassy in London, to bring him closer to extradition to the US, where he may face the death penalty, or Guantanamo, for having said and published the truth about the atrocious war crimes committed by the United States. And neo-Nazi, Moreno, complied. Julian Assange is now slowly degenerating by torture and disease in a UK maximum security prison. And the world says nothing. Not even our “Peace Loving’ UN system. All is quiet. Not to molest the Chief-in-Tyrant, sitting on his cardboard throne in Washington.

Just a few days after British police dragged Julian Assange out of the Ecuadorian Embassy in London, the 4.2-billion-dollar loan / debt deal was signed. No coincidence. Assange was holed-up by self-imposed asylum in the Ecuadorian Embassy in London, for almost seven years, for justified fear of being “renditioned” to the US or another torturing US ally.

Now, when all the austerity measures were to be cancelled, by nullifying Decree 883, why did Moreno assemble a team of advisers to work out a new decree? Who are these advisers? People from the IMF, from the US Treasury – or simply “Fifth Columnists”, trained and funded by NED (National Endowment for Democracy)? – Why isn’t the decree and with it all IMF-imposed austerity simply canceled? Full stop?

In any case, Sunday night, Conaie reported that a “commission” was set up to “draft the decree that replaces it 883 – that this does not end until the agreement is fully implemented”.

Now, when all the austerity measures were to be cancelled, by nullifying Decree 883, why did Moreno assemble a team of advisers to work out a new decree? Who are these advisers?

Who is part of this commission and what exactly is the commission drafting? Will the commission prepare a new decree with new conditions? None of this is clear at this point. Is Conaie prepared to make conditions that in the long-rung could be disastrous? Does Conaie know that the empire never gives up, i.e. the IMF – as long as they have their dirty fingers in Ecuador with 4.2 billion dollars? No compromise, please, Conaie!

If anything, the new “decree” should include a clause requesting full cancellation of the IMF loan. Otherwise, the IMF will not let go, will come back in one form or another to grab Ecuador’s resources. That is the US doctrine, never depart from a goal – and it is extended through the IMF, the World Bank and through other financial institutions over which the US Treasury has control. This is modern warfare through a financial handle on a country, stealing accumulated social capital and natural resources by strictly enforced austerity programs – causing famine, disease, desperation, and death. See recent examples, Greece, Ukraine, Argentina.

Of course, it takes two to tango, and without a corrupt government on the other side, the IMF can do nothing.

What will happen to the protest leaders? Is this being covered by the new decree? The front men and women of a revolution that shook the country for eleven days? Many of the leaders, and others, are incarcerated as political prisoners and should be freed.

A new decree to replace the old one, Decree 883, smells like a rat; like a new deception is being prepared and the apparent “victory” is just a make-believe for the moment – to reinstate order in Quito and the country. Instead of crushing Ecuadorians with a bulldozer, i.e. the Decree 883 that attempted to shove all the IMF austerity measures down the throat of the Ecuadorians at once, it may come piecemeal, little by little, so the immediate impact will be less noticeable and eventually the sour bites are sliding better down the throat of Ecuadorians – so Moreno may expect. This would not be the first time that a Government weasels its way out of protests: Stop the “killer measures” for now, and reintroduce them later, slowly in a different format.

Conaie’s leaders are concerned about this. They have said so. They would like to know what the new decree contains, and want to have a say in its drafting, before they definitely call off their protests. What they really want, is the resignation of Lenin Moreno. That’s what they should aim for, because this man has already proven several times in only two years of presidency that he is a liar, cannot be trusted, and sells the people and their natural resources for the benefit of a small Ecuadorian elite and their foreign partners, mostly US oil corporations. Even if he were to cave in now, Moreno will come back, if allowed to stay in power, to neoliberalize the country. That’s his compact. That’s the premise under which he has been made president.

And, what nobody talked about, nor are there any reports in either mainstream or progressive news – is, what will happen with the US$ 4.2 billion IMF loan? – Why is it not cancelled? Is the cancellation of this loan going to be part of the new decree? Ecuador doesn’t need the loan. With a debt – GDP ratio of 40%, there is definitely no need whatsoever to call for IMF’s “help”. As proportion of GDP, Ecuador’s debt is only two thirds of that of Germany.

Conaie may consider insisting on two objectives before calling off the protests and moving back to their lands: One, canceling the IMF loan of US$ 4.2 billion, and two, suspending the Parliament and President Moreno of his functions;

Instead of foreign loans, Ecuador’s Government could call in the outstanding debt of about US$ 4.5 billion from fines, unpaid interests and other overdue fees from corporations and Ecuadorian oligarchs – so the government could recapitalize her treasury with own, interest free money. But instead, Moreno “forgave” the debt of the oligarchs, when contracting the IMF loan. That in itself is telling a lot. President Moreno used to be Correa’s Vice President, running on the same Platform, the center-left PAIS Alliance, turned tables less than a year into his presidency, destroyed the PAIS Alliance and betrayed his compatriots miserably.

Canceling an IMF loan is relatively easy. There is no law that would prevent Ecuador from withdrawing from the IMF deal, at no penalty. This has happened many times before. All that’s needed are politicians with a people-oriented mentality – a people’s friendly attitude – and the country would be rid of this debt and rid of the dictate of the IMF.

Conaie may consider insisting on two objectives before calling off the protests and moving back to their lands: One, canceling the IMF loan of US$ 4.2 billion, and two, suspending the Parliament and President Moreno of his functions; calling-in a caretaker government and planning new elections within 3 months; elections, in which Rafael Correa might again run for President.

About the Author

Peter KoenigPeter Koenig is an economist and geopolitical analyst. He is also a water resources and environmental specialist. He worked for over 30 years with the World Bank and the World Health Organization around the world in the fields of environment and water. He lectures at universities in the US, Europe and South America. He writes regularly for Global Research; ICH; RT; Sputnik; PressTV; The 21st Century; Greanville Post; Defend Democracy Press, TeleSUR; The Saker Blog, the New Eastern Outlook (NEO); and other internet sites. He is the author of Implosion – An Economic Thriller about War, Environmental Destruction and Corporate Greed – fiction based on facts and on 30 years of World Bank experience around the globe. He is also a co-author of The World Order and Revolution! – Essays from the Resistance.
Peter Koenig is a Research Associate of the Centre for Research on Globalization.

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