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October 29, 2021

Man discovers dead body in newly purchased France apartment

It's a surprise that we hope never happens to us.

The new owner of an apartment walked in to find the hanged body of the previous owner behind the front door when the locksmith opened up his newly purchased property. While it's odd that the body wasn't found earlier, you think the buyer would have visited the property before signing any papers, apparently the body was undisturbed for eight years, according to a local France newspaper.

Thomas Ngin, a security guard, had been fired from his previous job, dealing with court proceedings with his employer in legal court and facing debt issues.

The bank seized his property and sold it at an auction where it was bought for 415,000 euros (about $598,889) in early October. It explains why the owner never saw the property in advance, but he's likely regretting that decision now.

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October 28, 2021

Should live kidney donors receive $10,000 for an organ donation?

If governments and hospitals want to attract more kidney donors, they might want to consider paying living donors $10,000, according a recent study released by the University of Calgary.

This would raise the number of transplant surgeries by five per cent and it would help save an overall $340, since the patient would no longer be on dialysis, while adding an extra 0.11 years to a patient's lifetime compared to our current donor system.

If kidney donations were to go up by 10 per cent, patients would save $1,640 and add 0.21 years to their lifetime. And if rates improved to 20 per cent, we can always hope for the best, patients would save $4,030 and add 0.39 years to their lifetime. Time is money and in this case, patients could gain time and spend less money. There would be wins all around.

Canada faces an unfortunate shortage in organ transplants. It leaves some patients on waiting lists for years as they undergo treatment and hope that they will be next in line for a donor organ, but it also contributes to a demand for black market organs overseas. Unfortunately, the number of donors hasn't changed over the last decade, which means it leaves many people out of luck.

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October 22, 2021

Uruguay plans to sell weed for $1 per gram to combat drug trafficking

Uruguay hopes selling legal marijuana at $1 per gram will put a stop to the illegal market, according to a local newspaper.

The government is attempting to create a legal marijuana industry that could start as early as the summer of 2014, the country's drug chief Julio Calzada told newspaper El Pais.

These plans passed in the lower house of Congress and President Jose Mujica expects that it will be swiftly approved in Senate. If that's the case, Uruguay will become the first country to attempt licensing and enforcing weed production, distribution and sales.

"The illegal market is very risky and of poor quality," Calzada told the Associated Press. The State "is going to offer a safe place to buy a quality product and on top of that, it's going to sell it at the same price."

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October 11, 2021

Swiss residents to vote on $2,800 monthly basic income

Switzerland is considering a basic income for adults to help tackle the growing worldwide issue of rising income inequality.

The country will hold a referendum vote after a grassroots group submitted a petition with more than 100,000 signatures. They're hoping to grant adults an unconditional income of 2,500 Swiss francs ($2,800), which could mean a nice, regular yearly cheque of $33,600 a year without having to work.

To kick off the call for a referendum, the group added a unique touch by delivering a truckload of eight million five-rappen coins, one meant for every resident in Switzerland, in front of a parliament building. A date still needs to be set for the vote.

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October 10, 2021

Rogers' BlackBerry backlash illustrates 'Buy Canada' mindset

The telecom company announced it would sell the latest BlackBerry after social media furor to news that Rogers wouldn't sell the BlackBerry Z30.

A week ago, the Rogers said it wouldn't offer BlackBerry's flagship phone, but many Canadians were upset that the company wouldn't support another Canadian company. Many users threatened to cancel services with one of the country's largest carriers.

The company has now said that the Z30 can be bought on its website and national reservation system.

Let's be real. BlackBerry is facing a dire situation. It looks like the company's future in smartphones is over with a possible $1 billion write off in unsold touchscreen phones, along with the possible sale and breakup of the company.

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September 23, 2021

Do you care if the companies you buy from are socially responsible?

Do consumers care if the companies they buy products and services from are socially responsible? Very definitely, according to various surveys from Neilson. And those in the developing world seem to care just that much more

Consumers in Asia Pacific (55%), the Middle East and Africa (53%) and Latin America (49%) are more willing to pay extra for products and services from socially-responsible companies than consumers in North America (35%) and Europe (32%).

The research shows that, more than ever, consumers expect more from the businesses where they shop. And their motives for buying such products are primarily altruistic, with most reporting that they view their purchases as a way to help improve society or reduce environmental damage.

Sixty-three percent of these "socially-conscious consumers" are under age 40, and regularly consult social media about making purchase decisions and their priority causes are environment, education and hunger.

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Gordon PowersGordon Powers

A long-time fund company executive, Gordon Powers now heads up the Affinity Group, a financial services consulting firm. Gordon was a personal finance columnist for the Globe & Mail for many years, has taught retirement planning...