Should I Pay Off My Mortgages with My Retirement Funds: Expert Advice for Retirees

Should I Pay Off My Mortgages with My Retirement Funds: Expert Advice for Retirees

My wife and I are both retired. Right now we have an IRA worth over $800,000, which is intact, and stocks worth $600,000. We receive pensions and Social Security, which amount to about $9,000 a month, but we have two mortgages that are not being paid off. Our primary mortgage has $42,000 remaining with an … Read more

Oil prices collapsed after Angola announced its withdrawal from OPEC

Oil prices collapsed after Angola announced its withdrawal from OPEC

The price of Brent crude fell below $79 a barrel after Angola, one of the world’s largest oil producers, announced it was leaving the Organization of Petroleum Exporting Countries (OPEC). This is evidenced by data from the London ICE exchange, Tengrinews.kz reports with reference to Lenta.Ru. At the lowest point, quotes dropped to $78.7. At … Read more

Progressive Party of Serbia (SNS) Wins Majority in December 17 Parliamentary Elections

Progressive Party of Serbia (SNS) Wins Majority in December 17 Parliamentary Elections

The Progressive Party of Serbia (SNS) wins the majority of votes in the parliamentary elections held on December 17. The first results of the processing of ballots and polls conducted by Ipsos and CeSID show that the SNS can count on 46.2% of the vote, while its main rival, the center-left Serbia Against Violence (SPV) … Read more

The European Union’s Indecisiveness on Ukraine’s Accession Could Benefit Putin: Zelensky Urges Action

The European Union’s Indecisiveness on Ukraine’s Accession Could Benefit Putin: Zelensky Urges Action

The indecisiveness of the leaders of the European Union on the issue of starting negotiations with Ukraine on the country’s accession to the EU could become a victory for Russian President Vladimir Putin. Ukrainian President Vladimir Zelensky stated this while speaking via video link at the European Council in Brussels. According to the Ukrainian leader, … Read more

Roman Kostomarov showed for the first time a video of himself skating on the ice after amputation – Meduza

Roman Kostomarov showed for the first time a video of himself skating on the ice after amputation – Meduza

Olympic champion in figure skating Roman Kostomarov, who had both legs amputated below the knee, as well as both hands, returned to skating. The athlete posted a video on Instagram showing him driving around the skating rink. “As promised… I WENT ON THE ICE!!! I’m sharing with you a short excerpt from the training,” Kostomarov … Read more

We are retired with $1.4 million in investments and 2 mortgages worth $200,000. Should we pay them back and risk increasing our Medicare premium? – CNET

Should I Pay Off My Mortgages with My Retirement Funds: Expert Advice for Retirees

My wife and I are both retired. Currently we have an IRA worth over $800,000 that is intact and stocks worth $600,000. We receive pensions and Social Security, which amount to about $9,000 a month, but we have two mortgages that are not being paid off. Our primary mortgage has $42,000 left with 2.5% interest, … Read more

Russian Oil Exceeds Western Ceiling: Implications and Impact

Russian Oil Exceeds Western Ceiling: Implications and Impact

Bloomberg agency rated Russia’s costs to circumvent the $11 billion oil ceiling introduced a year ago. Journalists studied data from Indian customs, where Russian oil arrives, and the total volume of its exports, almost half of which now falls on the so-called “shadow fleet.” A year ago, the G7 countries and the European Union introduced … Read more

monthly payments of $2,000 for millions of people in the United States. Find out if you qualify

monthly payments of ,000 for millions of people in the United States.  Find out if you qualify

In the last few hours, the execution of a new economic boost initiative has been confirmed: The increase in the amount of monthly payments up to $2,000 for millions of people in the United States. We tell you in detail. In a surprising move, the Biden administration has revealed plans to raise certain monthly payments … Read more

Uganda: AfDB grants $252 million loan for rural transport

Uganda: AfDB grants 2 million loan for rural transport

(AFRICAN DEVELOPMENT BANK) – The Board of Directors of the African Development Bank Group approved, on 1is December 2023, in Abidjan, the granting of a loan of 252.83 million US dollars to Uganda, to finance the construction of the Laropi-Moyo-Afoji and Katuna-Muko-Kamuganguzi roads. The financial support consists of two loans: one of $179.68 million from … Read more

Tesla has started delivering the Cybertruck. Electric pickup costs from 60,990 thousand dollars – Meduza

Tesla has started delivering the Cybertruck.  Electric pickup costs from 60,990 thousand dollars – Meduza

Tesla has announced the start of deliveries of the Cybertruck electric pickup truck, writes The Financial Times. The cost of the electric vehicle starts at $60,990 thousand, although in 2019, when the Cybertruck was first shown, it was assumed that the pickup would cost about $40 thousand. At a special event to mark the start … Read more