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International | Activism

Ivanka Trump’s women’s initiative announces $27M in grants

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A White House initiative spearheaded by Ivanka Trump to help women in developing countries get ahead economically announced its first batch of grants on Wednesday: $27 million for 14 projects in 22 countries, mostly in Africa, Latin America and Southeast Asia. The Women's Global Development and Prosperity Initiative was launched in February with an initial investment of $50 million from the U.S. Agency for International Development. A little more than half of that amount, $27 million, went to an "incentive" fund for partnerships with private businesses and other groups. The 14 projects
Asia | Japan | Activism

Only two female world leaders on stage at Osaka G20 event aimed at empowering women

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It was supposed to be an event showcasing Group of 20 leaders’ commitment to better empowering women in employment, economy and education. But only two of the world leaders on stage were women. Titled the Special Event on Women’s Empowerment, the only female world leaders in attendance were outgoing British Prime Minister Theresa May and German Chancellor Angela Merkel. Still, G20 leaders on Saturday reiterated their shared recognition that “gender equality and women’s empowerment are essential for achieving inclusive and sustainable society and economic growth,” according to t
North America | United States | Career

Unemployment Rate for Women Falls to Lowest Since 1953

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The unemployment rate for women in the U.S. workforce fell to 3.4 percent in April, the lowest rate since September 1953. The unemployment for women fell below 4 percent in March 2018 for the first time since the dot com boom in 2000. It has remained below 4 percent in 12 out of the last 13 months. The longest streak of below 4 percent unemployment was 18 months starting in 1952. The record low was 2.7 percent in May 1952.
Latin America | Venezuela | Economy

In Venezuela, women sell hair as another way to get by

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Valery Díaz covered her eyes and held her breath before looking in a hair salon mirror to see herself without much of the long dark hair that used to frame her face. The 16-year-old student was paid $100 for the shorn hair, money she'll use to help her family and buy a cellphone at a time when Venezuela's sharp economic decline has led to shortages of food and medicine, and hyperinflation has made salaries nearly worthless. Increasing numbers of women in poor neighborhoods are selling their hair for use in wigs and extensions as the demands of daily survival force them t
Africa | Ethiopia | Activism

Ivanka Trump in Ethiopia to ‘promote women’

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President Donald Trump's eldest daughter, Ivanka Trump, is in Ethiopia to promote a US government initiative aimed at advancing women's participation in the workplace. The initiative aims to benefit 50 million women in developing countries by 2025. Ms Trump toured a female-run textile facility in the capital, Addis Ababa. The US policy in Africa under President Trump has prioritised the war on terror and checking the influence of China. When his administration's long-delayed policy on Africa was finally unveiled at the close of 2018, many observers of the continent were quick to poin
Europe | Sweden | Economy

If the world followed Swedish women’s lead, we could add $6 trillion to the global economy

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A new report from PricewaterhouseCoopers says that if the world’s biggest economies bench-marked their workforces to Sweden, which has a 69% female employment rate, the total global GDP gain could be as much as $6 trillion. The Women in Work Index 2019, released today (March 5), uses a number of measures to gauge workplace equality, including countries’ employment rate—that is, the number of people employed as a share of the working age (15-69) population. Its authors suggest that if countries in the Organization for Economic Co-operation and Development (OECD) caught up to Sweden’s
North America | United States | Business

Ivanka Launches $50 Million Program Empowering Women In The Workplace

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President Trump is planning to introduce an initiative on Thursday that will seek to help bring economic security to 50 million women across the world by 2025, a program that his eldest daughter, Ivanka Trump, has hailed as a nonpartisan and “generous” approach to women’s empowerment. The plan, which the White House is calling the Women’s Global Development and Prosperity Initiative, will draw from a $50 million starter fund from the United States Agency for International Development, and will team up with several private companies, including UPS and Walmart, Ms. Trump said. The White
Europe | Iceland | Career

International Women’s Day 2017: Iceland becomes first country in the world to make firms prove equal pay

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On International Women's Day, Iceland became the first country in the world to force companies to prove they pay all employees the same regardless of gender, ethnicity, sexuality or nationality, The country's government announced a new law that will require every company with 25 or more staff to gain a certificate demonstrating pay equality. Iceland is not the first country to introduce a scheme like this - Switzerland has one, as does the US state of Minnesota - but Iceland is thought to be the first to make it a mandatory requirement.
North America | United States | Economy

What’s Best for Women? Property Rights, Innovation, and Economic Growth

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Women’s advocacy groups say Donald J. Trump’s cabinet will be one of the most hostile in recent memory to so-called women’s issues, the New York Times is reporting. But this assumes that all women should support bigger government. In truth, there are many reasons women might not want a higher minimum wage or expanded Medicare and Medicaid. Yes, women make up two-thirds of minimum-wage workers and disproportionately depend on Medicare and Medicaid. But perhaps one reason so many women voted for Donald Trump despite his blatantly misogynistic comments and campaign, much to everyone’s
Africa | Angola | Career

Angola: Over 24,000 Rural Women Benefit From Empowerment Projects

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At least 24,000 women living in rural areas of the 21 municipalities of 12 provinces benefited from 2012 to 2015, empowerment projects valued at more than USD 900,000, Angop learned Monday. According to the representative of the United Nations Development Programme (UNDP) in Angola, Pier Paolo Balladelli, the amount was funded by the Embassy of Norway to Angola. The project called "Promotion of Angolan women through civil society" aims to finance rural women with micro-credit for the creation of community gardens, cash income, training on business management, how to start and manage the proje
Europe | France | Economy

France names first female, Brussels insider to head Treasury

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France on Wednesday named Odile Renaud-Basso, a Brussels insider familiar with the internal workings of European institutions, as the new head of the French Treasury. As the highest-ranking civil servant at the finance ministry, the head of the Treasury is one of France's top negotiators in Brussels and other global forums, working behind the scenes on hot issues such as the Greek debt crisis or a potential British exit from the European Union. Renaud-Basso, 50, currently deputy head of state lender Caisse des Depots, will replace Bruno Bezard who leaves on June 20 to join a Franco-Chine
International | Agriculture

If you give a piece of land to a female it will change the world…literally

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“In a world…. Where females own land….Girls and women are able to thrive.” Ok, maybe not the most compelling opening to a movie trailer but it is the main conclusion of a new study. Land ownership is a potent tool in empowering girls and women but in 2016 and some females don’t even have the right to property ownership, let alone actually able to own land. What a piece of… land people are! (“Land,” totally what I was going to say…) Social status includes areas of human development and how a female is viewed in social situations, while laws that govern a female’s econ
North America | Canada | Economy

Women outnumber men on council of economic advisers

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Women will outnumber men on what could turn out to be the most-influential group of people around Prime Minister Justin Trudeau and Finance Minister Bill Morneau. The Canadian Press has learned that Morneau will unveil the federal government's new advisory council Friday -- a team that will help draw up a plan designed to get Canada's economy out of a rut. In total, the lineup of business and academic leaders will include eight women and six men. The advisers, who will be paid a salary of $1, are responsible for helping the government prepare a long-term growth strategy that will be r
South Asia | India | Economy

Women account for only 8% of entrepreneurs: Delhi Economic Census

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Women account for only 8% of entrepreneurs in Delhi, while 91% of total establishments work under private proprietorship, according to the economic census of Delhi. The census report released by deputy chief minister Manish Sisodia on Monday was conducted by the Directorate of Economics & Statistics in collaboration with the Central Statistics Office during February and June 2013. The last economic census of Delhi was released in 2005. The Sixth Economic Census includes all types of entrepreneurial activities in the field of agriculture (except crop production and plantation) as well

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