Investment Week (August 15)
“In the wake of political pushback and shifting corporate priorities, diversity, equity and inclusion (DEI) in financial services has found itself at a crossroads…. Public commitments have dampened, budgets are under scrutiny, and sceptics question whether the industry’s progress is unravelling.” Especially in the United States, a growing number of firms are “scaling back or abandoning DEI initiatives altogether.” However, UK industry leaders believe “the narrative of decline does not tell the full story. While some organisations are quieter in their public statements, there remains evidence that internal commitment remains firm.”
Tags: Abandoning, Budgets, Commitment, Corporate priorities, Crossroads, Dampened, DEI initiatives, Financial services, Political pushback, Public commitments, Scaling back, Sceptics, Scrutiny, U.S., UK, Unravelling
MarketWatch (March 19)
“There is a long-running academic debate about why the dollar’s strength has persisted for so long, with some arguing that its value goes hand in hand with U.S. power as a security guarantor and the dominant player in the post-World War II multilateral institutions. If the U.S. is now abandoning these roles, others will be forced to stand up for themselves, and the dollar’s unquestioned dominance could finally come to an end.”
Tags: Abandoning, Debate, Dollar, Dominance, End, Long-running, Multilateral institutions, Persisted, Power, Security guarantor, Strength, U.S.
Washington Post (June 5)
“The Republican Party is full of people with no delusions about what an abominable president Trump is, but who see abandoning him as career suicide.” But a flood of defections may be nearing as they look for “a tipping point in their state or district when continuing to support Trump will become more politically risky than abandoning him. For some it may come fairly soon, since his disastrous failure to control the pandemic has now been followed by a widely condemned reaction to the protests against police brutality.”
Tags: Abandoning, Abominable, Condemned, Defections, Delusions, Disastrous, Failure, Pandemic, Protests, Reaction, Republican, Risky, Tipping point, Trump
