Vantage observes results of US$100,000 donation to UNHCR

Rick Steves

Vantage’s US$100,000 donation has helped approximately 788 refugees, internally displaced persons (IDPs), and returnees in 2023 alone.

Following its US$100,000 donation to UNHCR, the UN Refugee Agency in May 2023, Vantage Markets is celebrating the ongoing impact of its contribution to support the protection and resettlement of refugees and stateless people in Australia.

According to the brokerage firm, the Australian Government has granted emergency visas to evacuate Afghans no longer safe in their home country, including Fatima, the captain of the Afghan Women’s Football Team.

UNHCR helped 788 refugees in Australia last year

Thousands of refugees have been seeking asylum and protection in Australia and UNHCR’s efforts have been instrumental in navigating these challenges and providing critical assistance to these individuals, by advocating for improved refugee and stateless protection, offering direct counseling support, and facilitating durable solutions for eligible refugees.

Vantage’s US$100,000 donation has helped UNHCR touch the lives of approximately 788 refugees, internally displaced persons (IDPs), and returnees in 2023 alone. Of these, 119 individuals were successfully resettled from Australia to New Zealand, 39 found new homes in Canada, and 19 individuals departed to the United States.

A few dramatic stories include one woman from Iran, who had endured violence and social isolation due to severe post-traumatic stress disorder (PTSD) and found solace through UNHCR’s support concerning mental health and the necessary interviews for resettlement to New Zealand. She now awaits the outcome of her application.

“The completion of these activities has had a significant impact on the well-being and quality of life of refugees and asylum-seekers under UNHCR’s protection,” said a report compiled by UNHCR Australia. “By empowering them and fostering a sense of self-agency, these activities have offered a pathway for refugees and asylum seekers to regain some control over their lives. More importantly, this engagement has kept their options open for eventual resettlement, offering hope and a tangible pathway towards a brighter future.”

“We’re honored to be supporting UNHCR’s efforts”

Jack Kelly, Head of Sales, Vantage Australia, said: “Our collaboration with UNHCR underscores our commitment to creating a more inclusive and compassionate world. We are humbled to see how our partnership has enabled UNHCR to delicately navigate the complexities of refugee support, ensuring that every step taken is a step towards a better future.

“We’re honored to be supporting UNHCR’s efforts – the team is doing incredibly important work and we’re proud to be part of their journey,” said Kelly. “We hope that our initiative encourages more individuals and organizations to support UNHCR’s ongoing efforts and join in the mission of creating a more inclusive and compassionate world.”

Vantage is a multi-asset broker offering clients access to a service for trading Contracts for Difference (CFDs) on Forex, Commodities, Indices, Shares, ETFs, and Bonds.

UNHCR leads international action to protect people forced to flee because of conflict and persecution. The organization delivers life-saving assistance including shelter, food and water, helps to safeguard fundamental human rights, and develops solutions that ensure people have a safe place to call home where they can build a better future.

Read this next

Fintech

Revolut launches retail crypto trading platform in UK

Fintech giant Revolut has expanded its cryptocurrency services by launching a new trading platform called Revolut X in the United Kingdom.

Executive Moves

Finalto Asia appoints Suzuki Akihiko as head of Japan markets

Trading software and liquidity services provider Finalto Asia Pte Ltd has appointed Suzuki Akihiko has as its newest head of Japan markets. Suzuki, who brings over two decades of experience in the financial sector, assumes his role effective immediately.

Digital Assets

BitMEX launches options trading in partnership with PowerTrade

Cryptocurrency derivatives exchange BitMEX has expanded into the options trading arena to capture a slice of the market currently dominated by Deribit.

blockdag

BlockDAG Captivates Youtube Influencers and Investors, Surpassing $23.9 Million in Presale; Outshining HBAR and MATIC Market Movements

Dive into how BlockDAG’s ecosystem, highlighted by top YouTube influencers, surpasses $23.9M in its presale, outshining HBAR’s bullish and MATIC’s stagnation.

Fundamental Analysis, Market News, Tech and Fundamental

Global FX Market Summary: FED, BoE, USD May 8 ,2024

Fed fights inflation with rates (hurting growth) while BoE weighs rates (impacting Pound) as strong USD benefits US consumers but hurts exporters and some countries.

Digital Assets

Bitpanda eyes Middle East expansion with Dubai office

European cryptocurrency exchange Bitpanda is expanding its reach both within Europe and internationally.

Market News, Tech and Fundamental, Technical Analysis

AUDCAD Technical Analysis Report 8 May, 2024

AUDCAD currency pair can be expected to fall further toward the next round support level 0.9000.

Digital Assets

FTX creditors to receives 118 cents on dollar, call for crypto payouts

The recent draft recovery plan released by the bankrupt crypto exchange FTX has spurred a big jump in the value of claims, with estimates suggesting most creditors could see a recovery rate of 118%.

Industry News

FIS launches embedded financial solution for all

Based on research by S&P Global Intelligence, banks offering embedded finance outpaced peers on deposit growth, with a median sequential growth rate of 2.2% for banks, versus a decline of 0.8% for banks that did not.

<