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chinadaily.com.cn 2019-09-27 10:41

Senior citizens chat at a retirement home in Beijing. [Photo/Xinhua]

>Parenthood makes you happier
Having children will make you happier than staying childless, according to a new study, but not until later in life, when they have flown the nest.
A team of researchers at Heidelberg University in Germany found that parents tend to be happier than non-parents in old age, but this only holds true if their kids have moved out.
Scientists asked 55,000 people aged 50 and over from 16 European countries about their mental well-being, and results suggest "the positive aspects of parenthood dominate when getting older."
One of the biggest factors is that children become a form of social support, and the researchers point out that social support networks are associated with greater happiness and less loneliness and can act as a buffer against stressful events.
However, children who still live at home are shown to have a negative effect on well-being.

Art expert Eric Turquin inspects the painting "Christ Mocked", a long-lost masterpiece by Florentine Renaissance artist Cimabue in the late 13th century, which was found months ago hanging in an elderly woman's kitchen in the town of Compiegne, displayed in Paris, France, September 24, 2019. [Photo/Agencies]

>Renaissance painting found
An early Renaissance masterpiece by the Florentine master Giovanni Cimabue has been discovered in an old lady's kitchen in a town near Paris, art experts said Monday.
"Christ Mocked", by the 13th-century artist who taught Giotto di Bondone, is estimated to be worth between four and six million euros, according to the Old Masters specialist Eric Turquin.
The work was owned by an old lady in the northern French town of Compiegne, who had it hanging between her kitchen and her sitting room. It was directly above a hotplate for cooking food.
The painting's elderly owner thought it was just a rather old religious icon when she took it to her local auctioneers to be valued.
It will now go under the hammer at an auction house in Senlis, north of Paris, on Oct 27.


Kristalina Georgieva looks on during a panel discussion at the World Economic Forum (WEF) annual meeting in Davos, Switzerland, on Jan 25, 2019. [Photo/Agencies]

>New IMF managing director
Bulgarian economist Kristalina Georgieva, confirmed as the new chief of the International Monetary Fund on Wednesday, said her "immediate priority" was to deal with risks of crises while pursuing long-term goals.
Georgieva, 66, who succeeds France's Christine Lagarde to begin her five-year term on Oct 1, is the first person from an emerging-market economy to lead the IMF since its inception in 1944, the fund's executive board said in a statement.
Georgieva said in a statement that it was a "huge responsibility" to be at the helm of the IMF at a time when global economic growth continues to disappoint, trade tensions persist, and debt is at historically high levels.
"Our immediate priority is to help countries minimize the risk of crises and be ready to cope with downturns. Yet, we should not lose sight of our long-term objective – to support sound monetary, fiscal and structural policies to build stronger economies and improve people's lives," Georgieva said.



>Pension payments increase
China's 31 provinces, autonomous regions and municipalities confirmed they would increase their pensions this year.
Tibet will raise its pension by 80 yuan per person per month, Guangdong and Shanghai will raise theirs by 60, and Beijing by 50.
Liaoning adjusted its pension increase by 5 grades based on the retiree's working years, with a maximum of 70 yuan and a minimum of 25.
The enhancements are also based on the retiree's pension payment years, or working years, and basic pension level.
Moreover, elderly retirees, business retirees, ex-servicemen, retirees in remote areas and retirees who left the workforce due to occupational injury will enjoy preferential pension policies.

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