Shocks & extreme events

Australia: Travel agents COVID-19 payment

Submitted by mmarquez on

Minister for Trade, Tourism and Investment (01.12.2020) The Morrison Government will provide a one-off payment to assist travel agents in recognition that many continue "to work hard processing consumer refunds, whilst unable to trade due to the COVID-19 pandemic". 

Under the $128 million scheme, eligible travel agents with a turnover of between $50,000 and $20 million a year will be able to apply for the one off payment.

Regions / Country
australia
Global challenges
Topics
Cash transfers

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United States: Emergency Rental Assistance Program

Submitted by mmarquez on

 U.S. Department of the Treasury (January 2021) The Emergency Rental Assistance program makes available $25 billion to assist households that are unable to pay rent and utilities due to the COVID-19 pandemic.  The funds are provided directly to States, U.S.

Regions / Country
United States
Global challenges
Topics
Housing
Document Type

United States: The CARES Act Provides Assistance to Small Businesses

Submitted by mmarquez on

U.S. Department of the Treasury (January 2021) The Paycheck Protection Program established by the CARES Act, is implemented by the Small Business Administration with support from the Department of the Treasury.  This program provides small businesses with funds to pay up to 8 weeks of payroll costs including benefits. Funds can also be used to pay interest on mortgages, rent, and utilities. The Paycheck Protection Program prioritizes millions of Americans employed by small businesses by authorizing up to $659 billion toward job retention and certain other expenses.

Regions / Country
United States
Global challenges
Topics
Employment

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United States: Additional payment from the Coronavirus Response and Relief Supplemental Appropriations Act of 2021

Submitted by mmarquez on

U.S. Department of the Treasury (January 2021) The Coronavirus Response and Relief Supplemental Appropriations Act of 2021 authorized additional payments of up to $600 per adult and up to $600 for each qualifying child. In general, individuals with adjusted gross income of up to $75,000 (or $150,000 for joint filers or surviving spouses) will receive the full amount of the second payment.  For filers whose adjusted gross income exceeds these amounts, the payment is reduced.

Regions / Country
United States
Global challenges
Topics
Children
Social assistance

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Spain: Extended exemption of social securituy contributions for companies until May 31st

Submitted by mmarquez on

El Diario (26.01.2021) With the extension of the ERTEs until May 31st, companies will maintain high exemptions in the different ERTE modalities, which even reach 100% in some cases. For the 'ultra-protected' sectors and their dependent companies and their value chain, the savings in the Social Security contribution is 85% for companies with less than 50 workers and 75% for those with more than that level of staff, both for reinstated and suspended employees.

Regions / Country
spain
Global challenges
Topics
Contribution collection and compliance
Document Type

Spain: Layoffs due to COVID-19 still prohibited

Submitted by mmarquez on

El Diario (26.01.2021) The so-called "forbidden firing" also extends until May 31, which in reality supposes a government veto of objective dismissals motivated by the pandemic. The measure is extended, which has generated two interpretations in the Social Courts: both sentences that declare these dismissals as inadmissible (the majority) , and some that consider them invalid. A Barcelona court has declared a dismissal appropriate in this context .

Regions / Country
spain
Global challenges
Topics
Unemployment

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Spain: Furhter novelties on the extension of the ERTE

Submitted by mmarquez on

El Diario (26.01.2021) The most outstanding novelties of this extension of the ERTE until May 31st, are based on facilitating administrative procedures, such as to go from an ERTE of limitation to one of impediment and vice versa, as well as that it is not necessary to re-process the unemployment benefits of workers affected by the extension.

Regions / Country
spain
Global challenges
Topics
Unemployment

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Spain: Postponement of rent until May 9 for vulnerable persons

Submitted by mmarquez on

El Diario (26.01.2021) If you are in a vulnerable situation and your landlord is a "large landlord", you can request a postponement of the payment of the rent until May 9. This new decree extends the possibility of requesting a "temporary and extraordinary" postponement if the following conditions: that the tenant is in a situation of vulnerability caused by the coronavirus crisis and that the owner has more than ten properties.

Regions / Country
spain
Global challenges
Topics
Housing
Document Type

Spain: Extension of unemployment emergency benefit for the self-employed

Submitted by mmarquez on

El Diario (26.01.2021) From February the access to the so-called 'unemployment' aid for the self-employed created due to the pandemic will be extended until May 31. There are some changes, among them the requirement of a drop in income from 75% to 50% is relaxed in order to access severance benefits. The requirement of having to have been a beneficiary of the extraordinary benefit for cessation of activity until June 30, during the first state of alarm, in order to benefit from these aid, a criterion that had generated a protection gap, is also abolished .

Regions / Country
spain
Global challenges
Topics
Unemployment
Document Type