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

Digital Assets

Ether skyrockets amid rumors of spot ETF approval

The chances of the U.S. government approving spot Ether ETFs have increased, according to top Bloomberg ETF analysts. Initially viewed as unlikely, analysts James Seyffart and Eric Balchunas now see a 75% chance of approval, up from 25%, following recent developments.

Digital Assets

New York judge approves $2 billion settlement with Genesis

A New York bankruptcy judge has approved a $2 billion settlement between the New York State Attorney General’s office and crypto lender Genesis, marking the largest settlement against a crypto firm in the state’s history.

Fundamental Analysis, Market News, Tech and Fundamental

Global FX Market Summary: Federal Reserve Policy, ECB, Geopolitical Tensions, May 20 ,2024

Fed holding rates to fight inflation, ECB likely cuts June rates, geopolitical tensions favor safe-haven USD

Digital Assets

Grayscale CEO steps down, replaced by Goldman Sachs veteran

Grayscale CEO Michael Sonnenshein after 10 years with the digital asset investment firm, the company said on Monday.

blockdag

Influencers Fuel BlockDAG’s $28.4M Presale Amid Solana Price Surge & Kaspa Bull Run

Dive into BlockDAG’s presale success, boosted by influencer endorsements. Explore the Solana price surge and Kaspa’s bullish sentiments.

Market News, Tech and Fundamental, Technical Analysis

EURGBP Technical Analysis Report 20 May, 2024

EURGBP currency pair can be expected to fall further toward the next support level 0.8525, which is the low of the previous corrective wave ii.

Digital Assets

Pump.fun exec arrested for $1.9 million exploit, claims bail in UK

Jarett Dunn, a former employee of the memecoin creator and trading platform pump.fun, claims he was arrested and subsequently released on bail in the United Kingdom following a $1.9 million exploit on the platform.

Industry News

CloudMargin grows by 35% in Q1 2024

“We have the strongest pipeline in our history, and while we continue to see demand from the buy-side, regional banks are now especially keen to ensure their collateral and margin management program is robust and state-of-the-art.”

Digital Assets

Genesis wins approval for bankruptcy plan, DCG claims dismissed

Genesis, the bankrupt crypto lender that collapsed following the failure of the Terra/luna ecosystem and Three Arrows Capital, has received court approval for its bankruptcy plan.

<