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Emergency loans can be the Answer to the Financial Crunch During the COVID-19 Crisis

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Everyone thought that 2020 was going to be their year, but that wasn’t the case. The COVID-19 Pandemic had different plans in store. Most of the countries have been under lockdown since the coronavirus crossed the borders and traveled across countries.

Schools, offices, courthouses, restaurants, parlors, and gyms are closed. Even though people are happy to spend time at home, it is started to affect them financially. The world economy doesn’t look so good and is crippled, to be honest. In this dire financial situation, people are worried about paying their bills.

Many have lost their jobs, and many haven’t received salaries. There have been salary cuts as well. People are struggling to make ends meet after being out of work for months. Nobody has any idea when the lockdown will ease, and things will go back to normal. Until then, everyone is to stay home and stay safe.

Under these circumstances, there are ways in which people can deal with the financial crisis. The state and the federal government are doing everything in their power to provide relief to anyone who is suffering from financial hardship due to the lockdown.

People who had been wise as to open an emergency fund can use that money to go through these tough times. One can also ask their bank or credit union whether they have borrowing options available.

Creditors also have provisions for customers during hardships. And some are even offering bad credit loans guaranteed approval to help in these times. They can temporarily reduce your interest rate or payment amount, or pause your payment. If this does not work out, then you can get a credit card with a 0% annual percentage rate so that you can avoid the unnecessary interest.

The last resort is taking emergency loans. You can always borrow money from family, but it can create an unnecessary rift. There are many lenders out there who can offer you with emergency loans, no matter how small or big.

Jenny is one of the oldest contributors of Bigtime Daily with a unique perspective of the world events. She aims to empower the readers with delivery of apt factual analysis of various news pieces from around the World.

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World

Swiss International University Enhances Student Employability with Major Global Collaborations

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New collaborations with Citibank, Abu-Ghazaleh Global, RAK Properties, and others strengthen SIU’s commitment to connecting academic learning with global career opportunities.

Swiss International University (SIU) has already informed about the new corporate partnerships that will start in October 2025 and that they will provide students with better access to internships, training programs, and job opportunities in various fields.

The new partnerships are aligned with SIU’s goal to combine education with the real world, as they ensure that the graduates are equipped with the required knowledge, skills, and professional exposure to be successful in the global economy of today.

In the last few weeks, SIU has formed alliances with several major companies, including those from the banking, business, hospitality, real estate, and consulting sectors. The students will be actively involved in each collaboration through internships, practical training, and the career opportunities that will be given to them during or after their studies.

Among the key collaborations are

Citibank, where students of the business and finance fields will get to experience international banking operations through special training and possible hiring programs.

Abu-Ghazaleh Global has given SIU’s programs its official blessing and access to practical experience in global business, accounting, and consulting.

RAK Properties is going to give real estate and business students a chance to learn about property development, investment, and project management.

The Signature Inn Hotel Al Riqa L.L.C. offers students of hospitality a chance through real-life interrelated scenarios to gain the knowledge of front-office operations and guest management.

Al Shabaka International Businessmen Services is opening a door for the students to meet the professionals involved in global business consulting and administration.

Galadari Motor Driving Center, where students will get a clear insight into corporate management, customer relations, and operational efficiency.

Women’s First Jobs is going to help female students and graduates through career counseling, professional networking, and empowerment initiatives.

MyFounders.Club Global is building up the students and aspiring founders in terms of innovation and entrepreneurship by taking them through the process of developing and launching new ventures.

Revival AE Project Development Consultant Co., L.L.C., where students will be working on consulting for sustainable projects and environmental management.

“The partnerships that we have formed represent our commitment not only to the business world but also to the world of academia,” said the Head of Swiss International University. “We are aspiring to equip every student in SIU with the power to win the global job market through robust academic credentials, practical exposure, and a web of real opportunities. Our target is not a teacher-student relationship whose only need is the job—our students will be the ones making changes in the various fields of tomorrow.”

The academic world and the global market are the two areas where SIU, collaborating with partners at the present time, shows the institution’s continued commitment to creating a career-oriented academic environment where learning takes place beyond the walls of the classrooms.

The deadline of October 2025 is approaching, but the university is still looking to make new strategic partnerships to grow its network of global partners. It is clear from the continuous activities of the university that it is striving to offer its students worldwide the possibility of not only utilizing their skills but also being a part of the industry via employment and thus empowering them to make a difference in international markets.

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