In America’s corporate boardrooms, diversity is making uneven progress: Women increasingly are pulling up a chair while racial and ethnic minorities still rarely get seats at the table.
White men have long dominated U.S. corporate boards, for reasons including bias and insular networks that don’t necessarily invite in female or minority candidates.
Some executives say it’s hard to find qualified candidates of diverse backgrounds and difficult at times even to discern candidates’ race or ethnicity.
Source: Diversity in the ‘man cave’: Boardrooms gain women as minorities lag | Reuters
The global oil market will struggle this year to absorb fast-growing crude supply from outside OPEC, even with the group’s production cuts and U.S. sanctions on Venezuela and Iran, the International Energy Agency said in a report on Wednesday.
The IEA left its demand growth forecast for 2019 unchanged from its last report in January at 1.4 million barrels per day.
“It is supported by lower prices and the start-up of petrochemical projects in China and the U.S. Slowing economic growth will, however, limit any upside,” the agency said.
Source: Global oil supply to swamp demand in 2019 despite output cuts: IEA | Reuters
Australia will reopen a controversial detention center for asylum seekers, Prime Minister Scott Morrison said on Wednesday after an embarrassing defeat in parliament that allows migrants in offshore camps to receive medical care in the country.
The opposition Labor party and independents voted to amend hardline immigration laws to give doctors the right to transfer some 1,000 men and woman from two Pacific detention centers if they need medical treatment.
The amendment, approved by the Senate on Wednesday, dealt a blow to the ruling conservative coalition which is trailing heavily in polls ahead of an election due in May.
Source: Australia to reopen Christmas Island detention center after defeat on refugee policy | Reuters
Two men in their 70s are contesting a Nigerian presidential election in which half the registered voters are aged between 18 and 35.
The rest of the more than 70 presidential candidates lack access to funds available to Buhari and Atiku through parties that have governed Nigeria since military rule ended in 1999 – the All Progressives Congress and People’s Democratic Party.
The two men have also developed patronage networks over decades in politics.
Source: Nigeria’s election: young voters, old candidates | Reuters
A new survey of military families living on U.S. bases found most are dissatisfied with their housing, often citing serious health and safety hazards – results that counter years of Pentagon reports claiming soaring satisfaction rates among military housing tenants.
Source: Military survey finds deep dissatisfaction with family housing on U.S. bases | Reuters
“This is our answer to the White House: No more division, no more xenophobia and no more nativism,” Newsom said in a wide-ranging speech.
Newsom distanced himself from fellow Democrat and four-term governor Jerry Brown in partially unwinding two of his popular predecessor’s signature projects: bypassing the fragile California Delta with a set of tunnels to divert water from upstream and building a $77 billion high-speed rail line.
Source: California Governor Newsom swipes at Trump, cuts water, rail projects | Reuters
News of the conviction of Mexico’s legendary crime boss Joaquin “El Chapo” Guzman traveled quickly on Tuesday to his rugged home state, where people said they felt pain for a man some described as a fallen folk hero and community benefactor.
Guzman was found guilty of smuggling tonnes of drugs into the United States over a decades-long career built on deadly intimidation and bloody turf wars as he moved illicit shipments across continents at lightning speed.
“Trafficking drugs will continue,” said Gildardo Velazquez in Cuiliacan, the state’s humid capital. “Nobody can stop it. Even now that they’ll give him the life sentence they think he deserves, it’s not going to change anything here.”
Source: ‘This hurts’: On El Chapo’s home turf, some lament Mexican drug lord’s conviction | Reuters
The wrecks of vehicles used by Islamic State militants as car bombs and other metal debris left by the war in Iraq are now helping fund their Iran-backed enemies, industry sources say.
Shi’ite Muslim paramilitaries that helped Iraqi forces drive the Sunni IS out of its last strongholds in Iraq have taken control of the thriving trade in scrap metal retrieved from the battlefield, according to scrap dealers and others familiar with the trade.
Source: Exclusive: Iran-backed groups corner Iraq’s postwar scrap metal market – sources | Reuters
British lawmakers will face a stark choice between Prime Minister Theresa May’s Brexit deal or a long extension to the March 29 deadline for leaving the bloc, the UK’s chief Brexit negotiator was overheard saying in a Brussels bar.
Unless May can get a Brexit deal approved by the British parliament, she will have to decide whether to delay Brexit or thrust the world’s fifth largest economy into chaos by leaving without a deal.
Source: It’s May’s deal or long Brexit delay, UK’s chief negotiator overheard saying in bar | Reuters
President Trump looks set to avoid another government shutdown this week, despite his dissatisfaction with a deal on border wall funding negotiated by lawmakers.
Having declared himself “not happy” about the proposed deal around noon on Tuesday, Trump took a more measured view in two evening tweets.
Source: The Memo: Trump set to avoid second shutdown | TheHill