Vantage Markets, a leading multi-asset broker, is proud to announce the continued impact of their contribution to supporting the protection and resettlement of refugees and stateless individuals in Australia. In May 2023, Vantage donated $100,000 to the United Nations High Commissioner for Refugees (UNHCR).
The UNHCR, with the assistance of Vantage, has been instrumental in addressing the complex challenges faced by thousands of people seeking asylum and protection in the Australian refugee landscape. Their efforts have provided crucial assistance to these individuals by advocating for improved refugee and stateless protection, offering direct counseling support, and facilitating durable solutions for eligible refugees.
The impact of this partnership has been profound, touching the lives of approximately 788 refugees, internally displaced persons, and returnees in 2023 alone. This includes the successful resettlement of 119 individuals to New Zealand, 39 finding a new home in Canada, and 19 traveling to the United States.
“Our collaboration with the UNHCR underscores our commitment to a more inclusive and compassionate world,” says Jack Kelly, Head of Sales at Vantage Australia. “We are proud to witness how our partnership has enabled the UNHCR to address the complexities of refugee assistance and ensure that every step is taken towards a better future.”
These efforts have brought about significant changes in the lives of those in need. For instance, a woman from Iran who had experienced violence and social isolation due to severe post-traumatic stress disorder (PTSD) found solace and support through the UNHCR’s assistance. With Vantage’s financial support, the UNHCR had the resources to promote her mental well-being and conduct the necessary interviews for her resettlement in New Zealand. Today, she awaits the outcome of her application, hopeful for a better future.
Similarly, a Kurdish man struggling with chronic PTSD and a life-threatening health condition has shown remarkable resilience. Through the holistic support of the UNHCR, his mental health stabilized, enabling him to complete extensive and detailed interviews to initiate his resettlement process. He is now stable and hopeful for a fresh start.
“The implementation of these measures has had a significant impact on the well-being and quality of life of refugees and asylum seekers under the protection of the UNHCR,” according to a report by UNHCR Australia. “By empowering them and instilling a sense of self-determination, these activities provide refugees and asylum seekers with a path to regain control of their lives. More importantly, this commitment keeps their options open for potential resettlement, offering them hope and a tangible way towards a better future.”
“We feel honored to support the efforts of the UNHCR – the team is doing incredibly important work, and we take pride in being part of their journey,” says Kelly. “We hope that our initiative encourages more individuals and organizations to support the ongoing efforts of the UNHCR and join the mission to create a more inclusive and compassionate world.”
Vantage Markets is a multi-asset broker providing clients with access to a flexible and powerful service for trading contracts for difference (CFDs) on currencies, commodities, indices, stocks, ETFs, and bonds. With over 13 years of market experience, Vantage offers a trusted trading ecosystem, an award-winning mobile trading app, and a user-friendly trading platform that allows clients to seize trading opportunities.
About Vantage
Vantage Global Prime Pty Ltd (ACN 157 768 566) is based in Sydney, Australia, and is authorized and regulated by the Australian Securities & Investments Commission (ASIC) with AFSL No. 428901.
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About the UNHCR
The United Nations High Commissioner for Refugees (UNHCR) leads international action to protect people forced to flee their homes due to conflicts and persecution. The organization provides life-saving assistance, including shelter, food, and water, contributes to the protection of basic human rights, and develops solutions that offer people a safe home to build a better future. The UNHCR also advocates for stateless individuals to obtain citizenship.
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Vantage Markets’ support for refugees and stateless individuals in Australia has had a significant impact on the lives of those in need. In May 2023, Vantage donated $100,000 to the United Nations High Commissioner for Refugees (UNHCR) to assist in their efforts. Through this partnership, the UNHCR has been able to address the complex challenges faced by refugees and stateless individuals in Australia.
The collaboration between Vantage and the UNHCR has resulted in the successful resettlement of 119 individuals to New Zealand, 39 individuals finding a new home in Canada, and 19 individuals traveling to the United States. These numbers highlight the tangible impact of their work and the opportunities created for those in need.
By providing crucial assistance and advocating for improved refugee and stateless protection, the UNHCR, with the support of Vantage, has positively impacted the mental well-being and quality of life of refugees and asylum seekers under their protection. Through counseling support and facilitating durable solutions, individuals are given a path to regain control of their lives and retain hope for a better future.
It is important to note that derivatives trading, like the services offered by Vantage Markets, carries significant risks and may not be suitable for all investors. Clients should carefully consider the risks involved and seek independent advice if needed. The information provided in the article should be viewed as of a general nature and may not take into account individuals’ personal objectives, financial circumstances, or needs.
Despite the positive impact of Vantage Markets’ support for refugees, there may be key challenges or controversies associated with the topic. One potential challenge could be the ongoing debate and differing opinions regarding the acceptance and resettlement of refugees and stateless individuals in Australia. This topic is often politically charged and can lead to controversial discussions surrounding immigration policies and national identity.
Regarding current market trends, it is worth noting that corporate social responsibility initiatives, such as Vantage’s support for refugees, are becoming increasingly important to consumers and investors. Companies that demonstrate a commitment to social causes and support vulnerable populations may attract a more socially conscious customer base. This trend highlights the growing importance of ethical business practices and can potentially provide a competitive advantage for companies willing to make a positive impact.
Forecasts specific to Vantage Markets’ support for refugees and stateless individuals in Australia may be challenging to provide, as they would depend on various factors such as political landscape, government policies, and societal attitudes. However, based on the positive reaction and impact thus far, it is likely that continued support for refugees could enhance Vantage Markets’ reputation and potentially attract new customers who value their commitment to social responsibility.
For more information about Vantage Markets and their services, visit their website here.
To learn more about the UNHCR and their work in protecting refugees and stateless individuals, visit their website here.