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  • Score Major Savings with YouTube TV’s Win-Back Offer: Everything You Need to Know

    Score Major Savings with YouTube TV’s Win-Back Offer: Everything You Need to Know

    YouTube TV is making efforts to regain former subscribers by offering a substantial discount. Individuals who have recently ended their subscription may be eligible for savings of up to $60.

    New Attraction for Previous Subscribers

    In a bid to reconnect with past subscribers, YouTube TV, under Google’s umbrella, is proposing a “we miss you” perk. Reportedly, the streaming behemoth is subtly unveiling a retention offer for certain users who have previously terminated or suspended their subscriptions.

    This offer isn’t a universal price reduction, so don’t anticipate it appearing spontaneously on your bill. Based on an unnamed source, a portion of users have uncovered a promotional code that discounts their one-month subscription cost by $60.

    Determining Eligibility

    Since this is a targeted strategy to regain customers, individuals must seek out the offer. Here’s how to do it:

    Access YouTube TV via a web browser (not the mobile app).
    Click on your profile icon and navigate to Settings.
    Choose Membership.
    Under the “Base Plan” section, look for a Manage button or a visible offer.

    If you find the promotion, you have the option to redeem it immediately. However, if you don’t see it, you might be momentarily out of luck.

    There’s no doubt that streaming costs are becoming exorbitant. With YouTube TV’s monthly cost nearing $83, it is considerably one of the most expensive options available, even though it is one of the highest quality services. A $60 discount, even just for one month, makes the service more competitive, particularly against chief competitor Hulu + Live TV.

    For comparison, Hulu + Live TV currently begins at approximately $89.99 per month (with ads included), although this price incorporates Disney+ and ESPN+, adding significant value if you utilize these services. On the other hand, more affordable alternatives like Sling TV range around the $40-$60 mark but come with a more complicated channel division (Orange vs. Blue) and fewer premium features like unlimited DVR.

    Obtaining YouTube TV for roughly $20 positions it in an attractive price bracket, albeit for a limited period.

    Reconsidering YouTube TV

    If I had recently terminated my YouTube TV subscription due to cost, this offer would not be sufficient to entice me back. In my view, the service provides the most seamless live TV experience available for purchase. Nevertheless, I would require more than a one-month discount to return if the initial issue was with pricing.

    Additionally, if you discontinued because the platform lacked specific channels (like the A&E networks or regional sports networks) or if you are drawn to the bundled value of Hulu, a temporary price reduction will not resolve these inherent issues. However, if you’re merely aiming to save money during football season, there’s no harm in accepting the offer, as there’s no contract to sign, and you have the freedom to transition to a more affordable option.

    Questions & Answers

    What is YouTube TV’s new offer?
    YouTube TV is offering a discount of up to $60 for one month to certain former subscribers in an attempt to win them back.

    How can I find out if I am eligible for the discount?
    To check eligibility, log in to YouTube TV from a web browser, click on your profile icon, go to Settings, select Membership, and look for a Manage button or visible offer under the “Base Plan” section.

    Is this offer enough to draw back former subscribers?
    While the discount makes the service more competitively priced for a month, it might not be enough to attract former users back long-term, especially if they left due to high costs or lack of certain channels. However, as there are no contracts, there’s no harm in taking the offer for the short term.

  • Asian banks fear impact of negative interest rates

    Asian banks fear impact of negative interest rates

    Central banks in emerging Asia that are struggling to revive growth and keep their financial systems stable are facing new risks as their counterparts in Europe and Japan plunge deeper into uncharted policy territory.

    The Bank of Japan in February joined several European central banks in turning policy on its head with a radical prescription of negative interest rates to revive flagging economies, prompting calls from emerging markets for some form of global coordination to avoid a race to the bottom for rates and currencies.

    Concerns about potentially destabilising spillovers into the rest of the world are likely to be a key talking point over the coming week as central banks in Indonesia, Thailand, the Philippines and Taiwan hold policy reviews.

    All four central banks have seen volatile swings in their currencies and stock markets over the past year as the world’s major central banks have taken markedly divergent policy paths.

    Yesterday, Bank Indonesia cut its benchmark interest rate by 25 basis points to 6.75 per cent, its third straight reduction of that size this year as it tries to lift sluggish economic growth.

    While many Asian economies have strengthened their defences since the 1997/98 regional financial crisis, they remain vulnerable to sudden capital outflows.

    Reserve Bank of India governor Raghuram Rajan, a critic of the massive stimulus rolled out in developed economies, has called on global central banks to adopt a system for assessing the wider impact of unconventional monetary policies.

    “It seems fair to say that the benefits seem to be diminishing after years of effort, and the costs increasing,” Mr Rajan said at a three-day International Monetary Fund (IMF) event in New Delhi.

    Low rates have created problems for savers around the world, and debt levels are continuing to rise to unsustainable levels from China and Japan to Europe – feeding fears of a fresh blow to the global economy from financial market dislocation.

    Mr Rajan’s concerns were echoed by his peers in emerging markets such as Indonesia and Malaysia, but few if any in the region expect the likes of the European Central Bank (ECB) to give priority to any nasty side effects for other economies when setting policy.

    “The potential for this (to manage economic crises) is becoming more and more limited as monetary policy rates have already trended closer to zero and quantitative easing is becoming more significant,” Bank Negara Malaysia governor Zeti Akhtar Aziz said.

    She said there is a need for greater policy coordination among countries to prevent over-reliance on monetary policy.

    Mr Juda Agung, Bank Indonesia’s executive director for monetary and economic policy, agreed. “A low-yield environment encourages excessive risk-taking behaviour. At the end, the credibility of the central bank is at stake,” he said.

    Mr Frederic Neumann, co-head of Asian economic research at HSBC, said that emerging economies are right to raise a voice of caution over unconventional policies.

    “Policymakers are backpedalling because it’s not entirely clear what the benefits of negative rates would be,” he said, referring to ECB president Mario Draghi’s suggestion last week that further rate cuts were probably off the table.

    Indeed, a recovery in the euro zone has flagged over the past year and deflation looms large, while Japan’s economy is teetering on the brink of its fourth recession in five years. The IMF has cut its global growth projections for 2016 and 2017, with a slowdown in China rippling across producers of oil, cars and a range of consumer products.

  • Save no more? Are Japanese turning spendthrift?

    Save no more? Are Japanese turning spendthrift?

    The Japanese spent more than they saved in the 12 months ended March 2014, the first time that’s happened since the data set began in 1955, with the savings rate at a negative 1.3 percent in the last fiscal year.

    “It’s something to keep an eye out for in the medium-term because Japan’s debt has been funded domestically, and very cheaply. But foreign investors would require a more appropriate risk premium,” said Toru Yamamoto, Daiwa’ Securities chief rates strategist.

    Japan has quite a bit of debt, with the country’s debt-to-gross domestic product (GDP) at over 220 percent, one of the highest in the world, financed by the domestic savers and Japanese government bond (JGB) investors at some of the lowest interest rates globally.

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