Iceland: Everyone to get paid in bank sale

Iceland: Everyone to get paid in bank sale

The minister of finance of the Iceland government has promised that every citizen will get a 30,000 Icelandic Krona (213 Euros) pay-out for the proposed Íslandsbanki bank sale.

Íslandsbanki is an Icelandic bank, to be state owned. According to the Reykjavik Grapevine News, Bjarni Benediktsson, the minister of finance, said at the national convention of the Independence party, ‘I am saying that the government take some decided portion, 5%, and simply hand it over to the people of this country’.

[Even if it would happen, it would be one-off payment, so not a basic income in any definition. However, historically the idea of an universal basic income has been often associated with the idea of socialization of banks. That’s why this news is reported here.]

 

CANADA: Ruling Party’s Women’s Commission calls resolution for UBI experiment

CANADA: Ruling Party’s Women’s Commission calls resolution for UBI experiment

The National Women’s Liberal Commission calls a party resolution for a pilot project of an unconditional basic income.

The National Women’s Liberal Commission is the women’s wing of the Liberal Party of Canada, which is currently in power.

The commission raises a party resolution to ‘advocate for a federal pilot of a basic income supplement in at least one Canadian town or city, in cooperation with the appropriate provincial and municipal government(s).’

The detail of the resolution can be read here.

IRELAND: Largest Opposition Party Fianna Fáil proposes a commission for Basic Income

IRELAND: Largest Opposition Party Fianna Fáil proposes a commission for Basic Income

Fianna Fáil, the largest opposition party in Ireland, has proposed to establish a commission which examines the introduction of an unconditional basic income in Ireland.

Willie O’Dea, the party’s social protection spokesperson, reveals that ‘Fianna Fáil commits to the establishment of a government commission to further investigate the feasibility of establishing a Basic Income system’, in the outline of the party’s priorities over a five-year term including reforms to social welfare and pensions system.

Its media coverage can be read here and here (the latter is negative).

The related news in the past in this site is: https://basicincome.org/news/2015/07/ireland-fianna-election-manifesto/