1 UK to join China-backed Asian bank (Straits Times)
Britain said it will seek to become a founding member of the Asian
Infrastructure Investment Bank (AIIB), a new regional body backed by China that
has raised concerns in the US about governance standards.
The AIIB was launched in Beijing last year to spur
transportation, energy, telecommunication and other investment. Analysts have
said it could challenge the Western-dominated World Bank and Asian Development
Bank in the region.
However, Britain's finance ministry said that the
AIIB could complement work already done in the region by those organizations. Britain,
the first major Western country to apply to become an AIIB member, would meet
other founding members this month to agree on the principles of the bank's
governance and accountability arrangements.
2 Syria as a dying nation (Khaleej Times) This
conclusion could be fairly drawn from the highly researched study conducted
under the aegis of the United Nations. It simply says that alienation and violence
has killed the Arab nation in Syria, and there is no room whatsoever for
across-the-board rehabilitation.
The catastrophe has affected millions of people, as
they reel under socio-economic revulsions as well as security threat, which are
increasing with each passing day. The rise of Daesh and the allegiance that
many of the local militant outfits have pledged make it a deadly case of
anarchy and continued warfare. More than 10 million people are internally
displaced, whereas around two million sit on the international frontiers. This
diaspora is in addition to more than 250,000 people who have lost their lives
to this day.
The report says that the ongoing crisis in the
Middle Eastern country has hollowed up its population by 15 per cent, and the
ability of the nation to rebuild is in highly compromised. And an estimated
loss of $200 billion has been incurred since the conflict started in 2011.
3 What female millennials seek at the workplace (Greta
Kaul in San Francisco Chronicle) A survey by PricewaterhouseCoopers finds that
millennial women — those around the ages of 20 to 35 — are more career
ambitious, better educated and enter the workforce at higher rates than ladies
of previous generations. But they still feel they’re lacking some of the
opportunities their male counterparts have.
Here’s what else was found, in a nutshell: Seventy-one
percent of millennial women said they wanted to work outside their home
country, but only 20 percent of people currently assigned to international jobs
are women. As many as 97 percent of millennial men and women said flexibility
and work-life balance are important to them.
About a quarter of millennial women in relationships
earn more than their sweethearts, and 42 percent earn the same amount. Participants
ranked advancement opportunities, competitive wages and incentives, workplace
flexibility, good benefits and training opportunities as top traits in
employers.
They still don’t feel equal: Only 49 percent of women
starting their careers felt they could make it to the top ranks at their
current employer, compared to 71 percent of males. There aren’t many role
models for female millennials who want to climb corporate ladders, and they
know it: Less than 5 percent of Fortune 500 CEOs are women, and a quarter of
milennials surveyed said there weren’t senior women they resonated with in
their workplace.
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