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The Importance of Financial Literacy in the Modern World

The Importance of Financial Literacy in the Modern World Introduction In a fast-paced, ever-evolving economy, understanding how money works is more than just a skill—it's a necessity. Financial literacy is the foundation of smart money management, yet only 57% of adults worldwide are financially literate , according to the Standard & Poor’s Global Financial Literacy Survey. Financial literacy empowers people to make informed decisions about budgeting, saving, investing, and borrowing. It bridges the gap between surviving and thriving in both personal and professional life. 1. What is Financial Literacy? Financial literacy is the ability to understand and effectively use various financial skills, including personal financial management, budgeting, and investing. Core Concepts: Budgeting : Managing income and expenses Saving : Preparing for emergencies and future goals Investing : Growing wealth strategically Debt Management : Understanding loans, credit cards, and in...
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Why 'All Eyes on Rafah' is Trending as Israel Ramps Up Offensive on Gaza City

Why 'All Eyes on Rafah' is Trending as Israel Ramps Up Offensive on Gaza City



What Happened in Rafah?

Recently, Israeli attacks on Rafah, a city in southern Gaza, have killed at least 45 people and injured hundreds more. Many victims were civilians seeking shelter. This has led to a global outcry.


Israel’s Explanation

Israel called the incident a "tragic accident," saying they were targeting senior Hamas militants and not civilians.


Why 'All Eyes on Rafah'?

The phrase "All Eyes on Rafah" has spread across social media as a call to pay attention to the crisis in Gaza. It was first mentioned by Rick Peeperkorn of the WHO to highlight the dire situation in Rafah, where many Palestinians have fled to escape violence.


Global Reaction

Celebrities like Varun Dhawan, Aly Goni, Samantha Ruth Prabhu, and Tripti Dimri have shared the slogan on social media. Organizations such as Save the Children and Oxfam are also using it to draw attention to the plight of the people in Rafah.


Conclusion

The situation in Rafah is critical, and the phrase "All Eyes on Rafah" urges the world to focus on the ongoing conflict and humanitarian crisis.

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