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Inequality

Google workers walk out to protest office harassment, inequality

SAN FRANCISCO: Hundreds of Google employees and contractors in Asia staged brief midday walkouts on Thursday, with thousands more expected to follow at offices worldwide, amid complaints of sexism, racism and unchecked executive power in their workplace. In a statement late Wednesday, the organizers called on Google parent Alphabet to add an employee representative to its board of directors and internally share pay-equity data. They also asked for changes to Google’s human resources practices intended to make bringing…

Inspired by #MeToo, student activists target inequality in China

HUIZHOU, China: At 1 am on April 23, Yue Xin was rudely awakened in her dormitory at China’s prestigious Peking University by her mother and a faculty adviser. Yue, emboldened by the global #MeToo movement, had gained prominence across China for demanding that her university release information about a decades-old rape and suicide case. She should stop her activities, her mother and adviser said, as they shook her awake. Shortly after the incident, she posted an open letter online about what had happened. “When I…

Afghan girl coders design games to fight opium and inequality

HERAT, Afghanistan: Think Super Mario Bros, but with an Afghan twist. This is how Afghanistan’s first generation of female coders explain their abilities as game-makers after uploading more than 20 games on digital app stores this year. More than 20 young women in the western city of Heart have established themselves as computer experts, building apps and websites as well as tracking down bugs in computer code. Like the team of Afghan schoolgirls who rose to fame last year when they competed in a robotics competition…

IMF chief: to beat inequality, close the gender gap

Washington: IMF chief Christine Lagarde said on Thursday that the best way to reduce inequality around the world would be to eliminate the gap between women and men in the economic sphere. Asked whether she thought that raising taxes on the wealthy was the preferred approach, Christine Lagarde said she disagreed. "The most efficient way to reduce the inequalities would be to actually close the gender gap between men and women. And that is a no-brainer," she said. "Whether it is access to the labor market, whether it…

Spend more on schooling to reduce inequality, IMF says

WASHINGTON: Tackling disparities in education is crucial to reducing global income inequality, the International Monetary Fund said on Wednesday, urging governments to spend more on schooling for disadvantaged children. In a report, the IMF said that over the past three decades, 53 percent of countries had become more unequal but experiences varied widely. Global inequality fell -- principally as India and China experienced swift economic growth -- but in wealthier countries the divide between rich and poor had…

Inequality, low wages weaken global growth: IMF official

WASHINGTON: A hollowing out of the middle class in advanced economies like the US, amid weak wage growth and rising inequality, is holding back global growth, a senior IMF official said Monday. Tao Zhang, the International Monetary Fund's deputy managing director, said the fund's economic growth forecasts due out next month, will show little change in the global recovery that is still relatively slow. "Nearly a decade after the global financial crisis, the global economy is getting better," Zhang told a gathering of…

Four Indonesians wealthier than poorest 100 million: Oxfam

JAKARTA: The four richest Indonesians are wealthier than the poorest 100 million people in the country, a study has found, highlighting how huge numbers have been left behind as the economy booms. Oxfam said that President Joko Widodo had failed to fulfill pledges to fight inequality and called on the government to urgently increase spending on public services and make corporations and the wealthy pay more tax. Indonesia has enjoyed an economic boom that has reduced the number of people living in extreme poverty but…