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It is the year 2012 and almost four years after the Lilly Ledbetter Fair Pay Act was signed into law. Surely, the gender wage gap has been narrowed, right? Wrong.
Even with advances toward equalising pay between men and women, men still make almost 20 percent more than women in nearly all industries. This is despite the fact that women receive the same education, pay the same amount of tuition and incur the same levels of debt upon graduation. In fact, the only major differences are that there are more females in college who, incidentally, tend to have better GPAs on average.
Check out the infographic below to learn more about gender pay gaps.
After a series of headline-grabbing statements about the possibility of “switching” European consumers over to American gas, the US media hastened to announce the launch of Obama’s oil and gas offensive against Russia. In reality, the EU is not prepared, neither technically nor in terms of price, to buy its energy resources from the US. It would take at least ten years to adapt even the technically advanced German energy system to work with American gas supply. Read more
Jeffrey D. Sachs,
Mohamed A. El-Erian,
Isam al Khafaji,
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