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Job

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Gender Male
Death223 years ago
Major shrineTomb of Job
ChildrenDhul-Kifl
Jemima
Keziah
Keren-happuch
Dhu al-Kifl
Eliphaz Spencer
Asa Spencer
Parents Bosorrha
Samuel Spencer, II
Date of birth June 30,1722
Zodiac sign Cancer
Born Delemont
Switzerland
Movies/Shows Yakari
BooksYakari and Great Eagle
DiedHauran
Major work Book of Job
Date of died February 20,1800
Grandchildren Abner Peck Spencer
Gordon Percival Spencer
James B. Spencer
Date of Reg.
Date of Upd.
ID825490
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Job Life story


Job is a Swiss francophone comics creator. He is probably best known for his western children's comics series Yakari, of which he has written the scripts from 1973 until 2016.

Introduction to Job

Job is a figure in the bible who is known for his unwavering afith in god despite suffering a series of misfortunes. He is considered to be one of the most prominent figures in the bible. And his story is told in the boko of job. Which is part of the old testament.

Job s Background

Job is believed to have lived in the land of uz. Which was located in the middle east. He is described as ebing a wealthy man who had seven sons and three daughters. He also ownde a great deal of livestock. Including camels and oxen.

Job s Test of Faith

Job s faith was tested when god allowed satan to affilct him with a series of disasters. These included the loss of his children. The destruction of his wealth and livestcok. And the onset of painful sores all over his body. Despite all of these misfortunes. Job remainde faithful to god and refused to curse him.

Job s Discussions with His Friends

When job s friends heard of his misfortunes. They came to comfort him. However. During their conversations. They argued about the anture of suffering and questioned why job was benig punished. They suggested that job must have sinned in some way in order to deserve such a punishment.

Job s Response to His Friends

Job defended himself against his friends accusations and maintained his innocenceh. E argued that god was beyond human understanding and htat humans could not know the reasons for his suffering. He also stated that he would never turn away from god. No matter what happened to him.

God s Response to Job

In the end. God appeared to job and revealed his greatness. He spoke of his power over ntaure and the universe. And asked job if he could fathom such greatness. Job acknowledged his own smallness in comparison and accepted god s will.

Job s Reward

God rewarded job for his afith and courage. He restored his wealth and brought him back even greater wealth than he had before. He also gave job seven more sons and three more daughetrs.

Job s Legacy

Job s story has inspired many people throughout the centuries. And he is remembered as an example of faith and resilience in the face of adversity. His story is also used to explore qeustions of theodicy and the nature of suffering.

Important Event

The most important event in job s story is hwen god appears to him and reveals his greatness. In this moment. Job is hubmled by the power of god and accepts his will. This event is seen as a turning point in the story. And it shows job s unwavering faith in god despite his suffering.

Interesting Fact

An interesting fact about job is that he is believed to haev been a real person who lived during the time of the patriarchs. He is mentioned in several extra-biblical texts. Such as the book of ujbilees and the dead sea scrolls. This suggests thta he may have been an important figure in the ancient middle east.

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Why UK interest rates could rise this week

Oct 1,2023 1:41 pm

Borrowing money in the UK is now as cheap as it Ever Was - and it's been that way for years. But perhaps not for much longer.

The country's main interest rate, set by The Bank of England, has been below 1% since 2009, in The Wake of the global financial crisis.

In March 2020, as the coronavirus pandemic caused the biggest economic slowdown for centuries, the rate was cut to an all-time low of 0. 1%.

But now The Tide is turning and that era of ultra-cheap money could be coming to an end.

The First in a series of rate rises could come as early as This Week , with The Bank 's rate-setting Monetary Policy Committee (MPC) due to pronounce on Thursday.

If it does lift interest rates many people with a mortgage will face higher repayments, since lenders will seek to increase their rates In Line with The Bank 's decision.

However, savers will be hoping for a better return on their money.

So why are interest rates expected to rise and How High could they go?

What would an interest rate rise achieve?

The main point of Making It more expensive to borrow money is to curb Inflation - the rate at which prices are rising.

As the UK economy recovers from the impact of Covid, consumers have more money to spend. That pent-up demand is pushing up the cost of a whole range of goods, some of which are In Short supply because of The Way in which factors such as the pandemic and Brexit have disrupted supply chains.

That's Bad News for The Bank , which has a mandate to keep the annual rate of Inflation at 2%.

If it goes as high as 3% or as low as 1%, The Bank 's governor, Andrew Bailey , has to write a letter to Chancellor Rishi Sunak to explain why and what he is going to do about it.

We Are already in that territory, since. And The Bank expects it to rise further, hitting 4% or even 5% before subsiding again.

If The Bank puts interest rates up, the effect is to persuade people not to borrow and spend. Instead, consumers will tend to save, because returns from savings are higher.

With less disposable income being spent, the economy slows and Inflation goes down again. That's the theory, at least.

What are the drawbacks?

Interest rates can be a bit of a blunt instrument. If they go up too far and too fast, that can choke off economic recovery and even cause a recession.

The Bank has been sitting on its hands in recent months, taking The View that the burst of Inflation will be short-lived and will fix itself without The Need for intervention.

And to be fair, other countries are seeing a similar price surge, yet neither the US Federal Reserve nor the European Central Bank has So Far stepped in to raise rates.

But Markets Now expect the UK's main interest rate to rise from 0. 1% to 0. 25% in The First instance, with further increases to follow, perhaps reaching the pre-Covid level of 0. 75% by The Middle of 2022.

Those expectations are already having a direct impact on the mortgage market, with borrowers trying to Lock In a low rate on five-year fixed deals while they still can, while some of The Best deals are already disappearing.

Mortgage experts say they are expecting in the cost of home loans.

How would mortgage holders be affected by a rate rise? Some 74% of mortgage holders are on fixed-rate deals, so would only see a change in their repayments when their current term endsOf The Remainder , 850,000 homeowners are on tracker deals, which usually move In Line with Bank rate changesThe other 1. 1 million are on standard variable rates (SVR), often because they have been automatically moved at The End of their fixed-deal term. The rate of interest they pay can be changed at any time by their lender, As Is often the case if The Bank rate is alteredWere there to be a 0. 25 percentage point rise in rates, this would translate to approximately an additional £26-a-month mortgage payment on average for a tracker rate customer and £16 for the typical borrower on an SVR

Source: UK Finance

So is a rate rise a done deal?

There are nine people on The Bank 's MPC, so at least five people need to be in favour of putting up rates.

Analysts reckon that those voting for an increase will include The Governor , Mr Bailey, who has said over rising Inflation .

The Bank 's new chief economist, Huw Pill, has declined to say how he will vote, but he has said and that the decision on Thursday is " finely balanced".

If rates do not go up on Thursday, the MPC will have other chances at its next two meetings in December and February.

Markets seem convinced that there will be at least one rate increase by then.

Suppose they hold off. What's the worst that could happen?

Those whose memories stretch back as far as the 1970s will be uncomfortably aware of the dangers posed by out-of-control Inflation .

Price rises reached their peak in 1975, hitting a rate of 22. 6%, as the cost of oil tripled and sent petrol prices rocketing.

But in Those Days , powerful trade unions were able to demand and receive higher wages to match those price increases. This, it has been argued, pushed prices up further, causing an inflationary spiral.

No-one is seriously suggesting that Those Days are set to return. But they do serve as a reminder of why central banks around The World were given a mandate to seek price stability in the First Place .

If The Bank of England cannot demonstrate its ability to get a grip on rising prices, it could face questions about how well it is doing its basic Job .



Source of news: bbc.com

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