First lady of Ukraine Olena Zelenska and former US secretary of state Hillary Clinton batted for women's rights at the Forbes 30/50 Summit held in Abu Dhabi on Wednesday.
They called for pay parity and the need for institutional support to support women to achieve gender equality.
Speaking on International Women's Day, Ms Clinton said the UN’s latest estimate shows that gender equality and pay parity are 300 years away and that is “distressing.”
“I think the bottom line is we have a lot of work to do, and we can't take any of the progress that has been made for granted,” the former first lady told a high-profile audience of women chief executives, entrepreneurs and change-makers from all over the world.
Previously, it was thought that first ladies are soft power. But we have shown that we are not just a soft power. We are a force.
First lady of Ukraine Olena Zelenska
Twenty years after she famously declared that “women’s rights are human rights" at a United Nations conference on women in September 1995 in Beijing, Ms Clinton said governments have stalled on pay equality.
“We have seen organised pushback to the advancement of women,” she said, adding that Covid-19 dramatically slowed down the already slow progress the world was making on gender issues.
Ms Clinton said in the US, though women make up the majority of college-educated people, they are still underrepresented at the highest level of leadership in most sectors. This is a problem that goes far beyond the US and is a global fact, she said.
"It is important to fight for institutional support for women. We are working hard to get quality, affordable childcare and paid leave so that women could choose to combine family and work in a way that did not disadvantage or undermine their responsibilities at home or in the workplace,” she told The National.
Ms Clinton said women have to stand up for other women, find allies and also learn the power of communication.
“Too often, it is a lonely time when you are the only woman who is in a position of having to speak up or try to make a point in a not-very-friendly atmosphere,” she said.
She said the Ukraine war, like any other conflict in Afghanistan or Iran, has demonstrated that women and children are the primary sufferers of conflict and climate change.
By speaking up, women are amplifying the voices of many other women, said Ms Clinton.
She said Ms Zelenska was doing exactly that. “She is standing up on behalf of her country and the people who are the most vulnerable and marginalised," Ms Clinton said.
“But you don't have to be in the middle of a horrible war that is breaking every law there is and committing crimes against humanity to stand up and speak out. And know that you are doing it not just for yourself. Somehow that might make it easier.”
Forbes 30/50 Summit - in pictures
First ladies are not just soft power
Speaking about the difficulties Ukraine is facing since the Russian invasion, Ms Zelenska, who addressed the audience in her native language, said it is a time of trial for every woman in Ukraine and it is no different for her.
Quoting examples of the resilience and bravery of Ukrainian women, the first lady said they had adapted faster than their enemies predicted.
“Ukrainian men and women have been adapting so fast that our enemies are not able to come up with new challenges,” Ms Zelenska said.
She said her efforts to forge diplomatic partnerships and mobilise humanitarian work with the help of other first ladies are proving efficient.
“Previously, it was thought that first ladies are soft power. But we have shown that we are not just a soft power. We are a force,” she said.
On the importance of International Women’s Day, Ms Zelenska said that it should not be just a day to speak about women’s rights and equality.
“I would like us all to remember that equality is a normal thing. It is not something that we should be fighting for. It Is not new,” she said.
“It is much easier for me to speak about it [equality] because I understand equality is normal. I think the next step is to make sure that all women understand that. Not only women but also men.”
Billie Jean King, an American sports icon and champion of equality, and Gloria Steinem, a journalist and leading feminist voice in the US, also participated in the panel and stressed the importance of pay parity and equal rights for women.
Ms King said women have a “long way to go” before they achieve pay equity.
“Follow the money," she advised. "What can money do? It can give many fantastic things in life like freedom and mobility … all kinds of things that we never dreamed of.”
Labour dispute
The insured employee may still file an ILOE claim even if a labour dispute is ongoing post termination, but the insurer may suspend or reject payment, until the courts resolve the dispute, especially if the reason for termination is contested. The outcome of the labour court proceedings can directly affect eligibility.
- Abdullah Ishnaneh, Partner, BSA Law
White hydrogen: Naturally occurring hydrogen
Chromite: Hard, metallic mineral containing iron oxide and chromium oxide
Ultramafic rocks: Dark-coloured rocks rich in magnesium or iron with very low silica content
Ophiolite: A section of the earth’s crust, which is oceanic in nature that has since been uplifted and exposed on land
Olivine: A commonly occurring magnesium iron silicate mineral that derives its name for its olive-green yellow-green colour
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MOST%20POLLUTED%20COUNTRIES%20IN%20THE%20WORLD
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New UK refugee system
- A new “core protection” for refugees moving from permanent to a more basic, temporary protection
- Shortened leave to remain - refugees will receive 30 months instead of five years
- A longer path to settlement with no indefinite settled status until a refugee has spent 20 years in Britain
- To encourage refugees to integrate the government will encourage them to out of the core protection route wherever possible.
- Under core protection there will be no automatic right to family reunion
- Refugees will have a reduced right to public funds
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Transmission: ten-speed
Power: 420bhp
Torque: 624Nm
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On sale: Now
What is the definition of an SME?
SMEs in the UAE are defined by the number of employees, annual turnover and sector. For example, a “small company” in the services industry has six to 50 employees with a turnover of more than Dh2 million up to Dh20m, while in the manufacturing industry the requirements are 10 to 100 employees with a turnover of more than Dh3m up to Dh50m, according to Dubai SME, an agency of the Department of Economic Development.
A “medium-sized company” can either have staff of 51 to 200 employees or 101 to 250 employees, and a turnover less than or equal to Dh200m or Dh250m, again depending on whether the business is in the trading, manufacturing or services sectors.
Global state-owned investor ranking by size
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United States
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China
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UAE
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Japan
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Norway
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Canada
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Singapore
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Australia
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Saudi Arabia
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South Korea
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What is a robo-adviser?
Robo-advisers use an online sign-up process to gauge an investor’s risk tolerance by feeding information such as their age, income, saving goals and investment history into an algorithm, which then assigns them an investment portfolio, ranging from more conservative to higher risk ones.
These portfolios are made up of exchange traded funds (ETFs) with exposure to indices such as US and global equities, fixed-income products like bonds, though exposure to real estate, commodity ETFs or gold is also possible.
Investing in ETFs allows robo-advisers to offer fees far lower than traditional investments, such as actively managed mutual funds bought through a bank or broker. Investors can buy ETFs directly via a brokerage, but with robo-advisers they benefit from investment portfolios matched to their risk tolerance as well as being user friendly.
Many robo-advisers charge what are called wrap fees, meaning there are no additional fees such as subscription or withdrawal fees, success fees or fees for rebalancing.
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BMW X7 xDrive 50i
Engine: 4.4-litre V8
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Company profile
Name: GiftBag.ae
Based: Dubai
Founded: 2011
Number of employees: 4
Sector: E-commerce
Funding: Self-funded to date
The Transfiguration
Director: Michael O’Shea
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MATCH INFO
Champions League quarter-final, first leg
Tottenham Hotspur v Manchester City, Tuesday, 11pm (UAE)
Matches can be watched on BeIN Sports