Money Talks

The UK's financial industry remains a 'Boys' Club,' despite years of pressure to hire more women and close the wage gap. That's according to disclosures by large institutions on the difference in compensation between male and female employees. The discrepancy is tied to the lack of women in senior management roles. And it's a problem that's getting worse in several companies. Grace Lordan is an associate professor in behavioral science at the London School of Economics. She's also the founding director of the Inclusion Initiative. She tells us why there's much more room for progress in the fight for pay equality.

#InsuranceFirms #UKBanks #PayGap #Inequality

So-long lumpy sleeping pads, campfire cooking and sleepless nights. City dwellers looking to get a taste of nature without having to 'rough it' are turning to glamorous camping, otherwise known as 'glamping'. The trend has accelerated during the pandemic, as Americans seek out accessible, socially distanced getaways. Kyoko Gasha pays a visit to a luxury retreat in New York City's harbour to see what the fuss is all about.

#Glamping #Pandemic #CampingHolidays

- China's property crisis deepens as Fantasia misses bond payment

- IATA expects airline industry to cut losses to $12B in 2022

- Tesla ordered to pay $137M to ex-worker for ignoring racist abuse

#Fantasia #AirlineIndustry #Racism

- Turkey's annual inflation rises to 19.58% in Sept

- Evergrande shares suspended in Hong Kong

- Facebook accused of choosing profit over safety

#Inflation #Evergrande #Facebook

Japan's ruling Liberal Democratic Party has elected former foreign minister Fumio Kishida as its new leader. That all but guarantees his appointment as the next prime minister when parliament reconvenes this month. Kishida will inherit an economy battered by the pandemic, and with a general election scheduled for November, he'll have to hit the ground running to ensure his party remains in power. Tom Learmouth joins us from London. He's Japan Economist at Capital Economics.

#Kishida #Japan #PrimeMinister

Turkey's economy relies heavily on imports of natural gas to meet its energy needs. This year alone, imports are expected to exceed $50 billion. On Friday, the country launched a gas futures market that officials say will help make gas prices more stable and predictable. Turkey has also discovered gas reserves in the Black Sea, and the new market will facilitate trade in those supplies, once they're available for sale in 2023. TRT World Senior Business Producer Mobin Nasir spoke to Energy Exchange Istanbul's CEO, Ahmet Turkoglu and asked him how the new market could improve Turkey's energy security.

#FuturesMarket #NaturalGas #EnergyExchange

Veganism has grown in popularity over recent years, with supermarkets dedicating whole sections of stores to plant-based products. UK leader Tesco is aiming to increase sales of meat alternatives by 300-percent by 2025. But recently, a new phenomenon has appeared on the UK High Street to satisfy this growing market.

#Vegan #Butcher #Rudy's

Ten years of civil war have destroyed almost all of Syria's infrastructure. In Idlib, the last remaining major opposition stronghold, there's been no electricity for five years. The city has only one generator for its 129-thousand residents. But now, a Turkish-backed Syrian company is lighting-up homes, hospitals and businesses.

#Electricity #Syria #Idlib

Myanmar's military government says it takes full responsibility for the state of the economy. It's tanked since the coup that overthrew its civilian government in February. Myanmar's kyat currency has lost more than 60-percent of its value over the past month, driving-up the price of basic goods, including food and fuel. The military junta has blamed the pandemic for the country's economic woes, but activists have accused military leaders of lining their pockets.

#Myanmar #Kyat #Coup

The US Congress has passed a last-minute funding measure and narrowly avoided a government shutdown. But that funding only goes as far as December the 3rd, and both Republican and Democratic lawmakers will be wrangling over longer-term spending measures until then. Washington has another big problem on its hands: the government is also be in danger of defaulting on its debts.

#Budget #GovernmentShutdown #USCongress