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Women Find New Paths to CEO Jobs

Women, who make up just 6.6% of Fortune 500 CEOs, are poised to increase their presence in the C-suite as companies shed the requirement that their top officers have prior CEO experience and also accept corporate board service as a proxy for requisite experience, according to research published in the Harvard Business Review.  

Study authors Catherine H. Tinsley and Kate Purmal, of the Georgetown University Women’s Leadership Institute, find it is far more common for female CEOs to have served on a public or private board than their male counterparts. And women are twice as likely as men to be promoted from a non-CEO title when recruited from the outside, they found.

“Together these findings not only illuminate a viable pathway to CEO for aspiring women (through board service) but also offer a suggestion for companies and boards that seek gender diversity in their CEO ascension plans: Assist high-potential executive women in securing corporate board seats,” they wrote.

Over Half of Europeans View the US Less Favorably Than Before COVID-19

Source: European Council on Foreign Relations

The U.S. is viewed more negatively now compared to before the coronavirus crisis in the eyes of nearly 60% of Europeans. Over 70% of Danes and Portuguese respondents and 65% of Germans say their views of the U.S. have worsened — with views on China showing similar trends, according to a poll conducted by the European Council on Foreign Relations (ECFR) in June 2020.

The ECFR surveyed over 11,000 citizens in nine countries across Europe. The respondents said if cases continue to rise in the U.S., “many Europeans could come to see the U.S. as a broken hegemon that cannot be entrusted with the defense of the Western world.”

The EU is currently seeing an overall decline in COVID-19 cases, while this trend is only being recorded in two states in the U.S. The EU is preparing to open its borders, but most American travelers are expected to be banned, along with those from Brazil and Russia.

Africa Is Polio-Free, After Nigeria Reports No New Cases

Source: The World Health Organization

The WHO has declared Nigeria to be polio-free after the country reached its three-year mark of reporting no new cases. Just eight years ago, Nigeria accounted for more than half of all cases worldwide. This means that Africa is reportedly finally free of the wild poliovirus, although the continent awaits official certification from the Africa Regional Certification Commission, which is expected in August

Although the region is free of endemic transmission of the virus, it continues to struggle with some transmission via vaccine, with Niger recently reporting a vaccine-derived outbreak. The WHO warns that immunization and surveillance activities must continue to prevent the risk of the virus re-emerging.

As the region struggles with coronavirus, “mass immunizations … have been postponed,” according to the WHO, but countries in the region are “planning the resumption of immunization and outbreak response in compliance with the guidance to stop COVID-19 transmission.”

Now, only Pakistan and Afghanistan are left in the fight to end endemic transmission of polio.

Carbon Dioxide Emissions Plummet, but COVID Hurts Clean Energy in Long Term

Source: International Energy Agency

Global carbon dioxide emissions for 2020 are forecast to be more than six times lower than they were in 2010 — the last time emissions dropped significantly. This amounts to an 8% decrease from 2019, according to a report from the International Energy Agency, following COVID-related lockdown measures that have put social and economic activity on hold. 

Despite the circumstances by which the emissions drop came about, many of its consequences — cleaner air, emerging wildlife and better water quality — have been celebrated across the world. However, with a global economic recession playing out, investments in energy systems have been deprioritized, “slow[ing] the expansion of key clean energy technologies” the report’s authors note. They predict a 10%-15% decrease in investment in efficiency and end-use applications in 2020.

Many are looking to “build back better” and urging governments to incorporate renewable energy investments into recovery plans to “stimulate job creation and economic development,” the report says, “while reducing emissions and fostering further innovation.”

Nearly Half of US Black Adults Report Fearing for Their Life Because of Their Race

Nearly half of Black adults in the U.S. report fearing for their life because of their racial or ethnic background. And seven in 10 Black adults say they have experienced at least one act of discrimination due to their race, according to a new poll from the Kaiser Family Foundation

The poll also found that, while Hispanic adults encounter significant discrimination, the percentage of Black respondents experiencing discrimination doubles — and in some cases triples in comparison. Forty percent of Black adults report being denied a job for which they were qualified due to racial discrimination, compared to 15% of Hispanic and 8% of white adults. 

One in five Black and Hispanic adults also say they’ve experienced unfair treatment in the workplace. Companies across America are joining the conversation about race by aligning themselves with the Black Lives Matter movement. Several companies are launching new initiatives to reevaluate their workplace and promote equity — beginning with prioritizing funding for more effective diversity and inclusion initiatives.

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