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Spain Borrowing Costs Ease, Catalonia Unhappy - 0 views

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    Springhill Care Group - Spain's borrowing costs on its 10-year government bonds fell to the lowest level since January on Thursday. At its latest debt auction raised 4.8 billion euros and saw strong demand from investors for the bonds maturing in three and 10 years' time. Madrid has been able to more easily sell its bonds at lower rates of interest since the European Central Bank announced its bond-buying plan. Trader Ignacio Blanco with Bankinter said: "Over the last month and a half bond interest rates are down more than two percent, since Draghi spoke at the end of July. There was strong demand in the days before the auction and today too. They were buying bonds before, they continued to buy today, and the initial operations after the auction were good." Many analysts have warned Spain's borrowing costs could skyrocket to unsustainable levels unless Rajoy asks for an international bailout, at which point the ECB would start buying Spanish bonds. The country's economic crisis is exposing deep fault lines with the wealthy, but heavily indebted, region of Catalonia calling for tax breaks. Catalonia, which is in northeastern Spain, generates one fifth of the country's economic output and is home to 16 percent of Spaniards. More than half of Catalans say they want a separate state, and hundreds of thousands marched in Barcelona last week - the biggest such show of separatist fervor. The upsurge in Catalan separatism is founded on a conviction that Madrid is draining the region financially. The central government collects most taxation payments then redistributes them to Spain's 17 self-governing regions, which run their own schools and hospitals. Each year Catalans say they pay 16 billion euros more in taxes than the regional government spends. The region's debts have made the Madrid government's task of balancing the budget more difficult. Rajoy has threatened to intervene in regions that cannot control their budgets. Catalonia is lik
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Springhill Care Group: Why Laughter is the Best Medicine - 0 views

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    We all hear this often, laughter is the best medicine. Despite the fact that this may be an old saying, it still holds as true up to present. Laughter grants a lot of health benefits. And what makes it a lot better, best of all, it is free and easy. Laughter helps to unite people going through difficult times this is according to HelpGuide.org. It can be able to also mend feelings of defeat and resentment, make anger softer, and generally help people become resilient or even losing someone. The therapeutic effortlessness of a soft smile or a hearty belly laugh has more of benefits than what was mentioned. It is much like of an exercise, there are many benefits plus the physical benefits of laughter can last for hours. These helpful gains may aid to: * Brighten mental clarity * Reduce blood pressure * Spark the immune system * Relax muscles and ease digestion * Release endorphins to dampen pain * Boost oxygen levels to the brain and circulatory system As a universal lingo, laughter is capable of also building social ties and dispersing anxiety. It smooths the progress of relationship and permits attachments while dropping social fear factors. Steve Wilson, Director of National Humor Month and Founder of The World Laughter Tour, started an international happiness epidemic in laughter clubs and outreach programs led by Certified Laughter Leaders. His methodology "utilizes a systematic activity approach that is based on a foundation of both ancient practices and modern medical science," and it supports primary treatment as an adjunctive therapeutic modality. Group laughter can also save you away from pain and depression through natural release even though anger and crying has long been conventional vehicles for catharsis and release in psychotherapy. Its consequence can be in impulsiveness of thinking and make the horrifying more reachable. This constructs a height of consciousness where one can move a bit further and w
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S. Korea Different From Japan in Property Bubble, Say Experts | LoanSafe - 0 views

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    A group of real estate experts downplayed the possibility of a Japan-like property bubble burst at a forum hosted by the Korea Chamber of Commerce and Industry on Tuesday. Participants who shared the view that South Korea's property market is different from Japan included professor Choi Hee-gap from Ajou University. Choi said that Japan suffered a property market crash - ?which was initiated by enterprises in the 1980s? - in the wake of policymakers? rapid hikes in interest rates in the 1990s. ?Unlike the Japanese case, Korea saw the expansion of the realty market on the back of active investment of households," he argued. ?Further, thanks to financial authorities? strict regulations on mortgage loans over the past several years, a bubble in housing prices is not so big." But he added that the government should implement detailed measures to cope with the aging society and resolve worries over a sharp drop in housing prices. Kim Deok-ryeh, a researcher at Korea Housing Institute, said whether the sluggish real estate market will be revitalised depends on ?the pending bill on easing regulations, the coming presidential elections and the eurozone fiscal crisis?. Among the participants were officials from the Ministry of Land, Transportation and Maritime Affairs, Hyundai Research Institute, Citizens? Coalition for Economic Justice and the Korea Housing Builders Association. About 180 business leaders also participated in the KCCI forum as observers. Meanwhile, Hyundai Research Institute recently warned that Korea may follow in the footsteps of Spain and Ireland as the country is now past its demographic window, the period when the percentage of people able to work reaches its peak. ?We must be mindful of the possibility of a property bubble burst as a sharp fall in the proportion of the working age population cuts demand for real estate," an HRI analyst said in the report titled ?Time to Prepare for Demographic Bo
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