First Person: I’m Paying a Financial Penalty for Being Born Female

A new study has revealed something many of us have already suspected: women are more likely to end up poor than men. According to a recent article by Daily Finance, most women think they are better at saving compared to men. However, a SaveUp.com survey showed the average man has more in his IRA, 401(k), taxable investment accounts and CDs. The only place where women outdid men was with money market investments, which typically don’t pay much of a return. Women had about $13,000 in the money markets compared to $11,000 for men.
Catching up with my husband..article

Christine Lagarde is the first woman ever to lead the International Monetary Fund

‘I will not pretend that I am a man’: A week in the company of Christine Lagarde, the first female head of the IMF

This week her flat in Paris was raided by police looking for evidence in an investigation into corruption. She said she was happy for them to search for evidence to clear her name. Or something equally as facile…articleLagarde

Transparency we can learn from U.S.

Take a look “Costofwar.com”

“From 2003 through 2012, the United States provided $60.64 billion for the relief and reconstruction of Iraq,” or about $15 million spent per day. Of the $61 billion, $52 billion was allocated from major funds such as the Iraq Relief and Reconstruction Fund (IRRF) and the final $9 billion from additional assistance programs and reconstruction-related oversight expenses. In total over the last 10 years, the nonpartisan Congressional Budget Office calculated at least $767 billion was spent when accounting for total military spending, additional aid and other diplomatic expenses. “Costofwar.com,”a product of the National Priorities Project, puts that figure higher, at about $812 billion, and notes that some projects are yet to be finished. Report Sigir learning from Iraqcost of war

 

Engendering access to financial services in Nigeria

Cultural practices have put the woman and girl-child at an economic disadvantage in many societies across the world. Their place is relegated to menial, low-paid and subsistence activities that are often uncounted in national statistics. Even in modern times, these trends have not changed and are now entrenched in the way resources are being allocated and opportunities presented in the society. As we celebrate this year’s International Day of Women, it has become pertinent to highlight the disadvantages faced by women in accessing financial services in Nigeria…articleNigeria women