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Showing posts with the label economy

Finance (economy) Estonia

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  Record high fuel prices in Estonia and the relaxation of pandemic restrictions have pushed long-distance public transport use to pre-pandemic levels.   Compared to the beginning of the year, train company Elron has seen a 40 percent increase in passengers.   "There is an increase on all routes, but if we compare with the pre-pandemic times, we see that the longer routes, Tallinn—Tartu, Tallinn—Narva, Tallinn—Viljandi, are the ones where the growth has been highest. We have more passengers there than there were before the pandemic," Elron sales manager Ronnie Kongo said. Coach company Lux Express has seen a 20 percent increase in passengers, board member Ingmar Roos told ERR. This is down to the pandemic but mostly rising fuel costs, he said. Sales on several routes this spring were still down by approximately 10 percent compared to 2019, but there has been a quick bounce-back due to fuel prices. "For example, Tartu—Pärnu, Tallinn—Pärnu, these are the lines where we hav...

Compensation Must Satisfy the Work

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  Compensation or wage is just like a reward in the shape of money which is awarded to the worker after the work is done. It is the basic right of laborers to get an amount just after the work is completed. And the wage must justify the sweat of workers.  But it has been observed and reported that a high ratio of workers is not getting paid according to the work done. Farmers are the backbone of the economy of a country. They are involved in producing basic necessary eatables like vegetables, fruits, and grains. Many workers are involved in producing lucrative products like coffee, clothing, and chocolates which is million-dollar industry. Even they are facing problems like poverty and low standards of living. To end that discriminative behavior at the lower level Fairtrade movement is introduced to reduce the poverty ratio, mistreatment of the workers, climate issues, and economic constraints around the world. The organization that raises the voice for the equal rights of wor...

Why Managing Finance Is Important

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The present condition of the world’s economy is in depression due to the Covid-19 pandemic first and then Russia Ukraine War. The countries with huge financial resources and sharp-minded economists easily cope with the sudden decline in the economy. While on the other hand, the under-developed countries bear so much loss and eventually become bankrupt. Sri Lanka is the present example of a bankrupt country because they do not make any strategy to handle to pressure on the economy. The same is the case for a single individual who does not manage their finance well, there is the possibility of multiple hurdles in life. Nobody knows what is going in happens in the coming future so, everyone should be aware of un-avoided conditions in life and should cope with them by managing finance in a good manner. The national financial awareness day is celebrated on the 25 th of April with the general message of getting financial independence and knowledge sharing about managing money in a good ...