Innholdsfortegnelse for 6/4-6/1/2021 i Newsweek International

1973 “With his survival now plainly in the balance, President Nixon stated his case in the Watergate scandals,” said Newsweek, “and still failed to stem the tide of accusation battering at his government.” Just months later, the House of Representatives began the formal impeachment process against Nixon, who was still under immense public scrutiny as more and more abuses of power came to light. Less than a year after that, he resigned. To this day, he is the only United States president who has resigned from office, and one of only four to face official impeachment proceedings—including Donald Trump. 1986 According to Newsweek, “dire statistics contained in a new demographic study confirms what everybody has suspected all along: many women who seem to have it all will never have husbands.”…

One of the biggest economies in the world, and Latin America’s largest market, Brazil has long been on the global investment map. The country was identified as one of the world’s leading emerging markets by Goldman Sachs, when it coined the acronym “BRICS”. And the country is moving towards fulfilling its potential; in its overview of Brazil updated in November 2020, the World Bank noted progress on structural reforms to boost productivity growth, opening markets to foreign investment, and boosting infrastructure. Economic development and liberalisation is driving the growth of the Brazilian insurance sector, which has seen 8.3% compound annual growth in gross written premiums between 2013 and 2018, according to a 2020 report by Deloitte. Life insurance premiums grew particularly strongly, at 8.7%. Total written premiums reached $73bn in…

Brazil has been severely impacted by the Covid-19 pandemic, although new challenges have also brought new opportunities. With the public health system under unprecedented strain, demand for private healthcare is soaring, supported by shifting demographics: the proportion of the population aged more than 65 years is set to more than double by 2030 to hit 25%, and Brazil’s $197bn private healthcare sector will boom in the coming years as a result. The country’s top hospital, Hospital Israelita Albert Einstein (HIAE), will play an important role in this growth. Founded in 1955 by the Sociedade Beneficente Israelita Brasileira Albert Einstein, HIAE is a state-of-the-art institute that is widely recognized as the best hospital in Latin America. HIAE specializes in high-complexity cases in neurology, cardiology, and transplantation, the hospital boasts a long…

Many Brazilian businesses have struggled to thrive in the Covid era, but there have been some bright spots, particularly in the retail sector, where sales are projected to rise by 3% this year. Growth will be underpinned by exceptionally strong furniture sales: Statista projects revenues in Brazil’s furniture and homeware segment will hit $2.2 billion this year, and rise by an average of 8.5% annually until 2025. Latin America’s largest furniture company, Grupo K1, will reap rewards from the rebound. Founded 25 years ago and active under the Kappesberg, UZ Utilities, Idélli Ambientes and My Home brands, K1 owns and operates a 200,000 sq m factory from its headquarters in Tupandi, where it employs nearly 2000 people. It has established a strong presence nationwide, exporting its products to 47 countries…

“Brazil stands out as a country where opportunities for growth appear compelling and there to be seized,” McKinsey said in the introduction to a 2020 report on the Latin American giant. Brazil’s large metals industry is expected to be one of the fastest-growing sectors over the coming years, benefitting from rising global demand and the country’s competitive advantages in metals production. Ratings agency Fitch expects Brazil’s iron ore production to grow by an average annual rate of 5.9% between 2021 and 2025. At the heart of the sector is Viena, a diversified company and one of Brazil’s leading pig iron producers. The company has been a reliable partner for international counterparts for more than three decades. Due to Viena’s long term investments in its business, strong customer, coworker, and vendor…

MILLIONS OF WOMEN HAVE LOST JOBS OR dropped out of the labor force due to COVID-19, but an end to the pandemic won’t by itself repair the economic damage that’s resulted. Instead, experts say, it will take systemic changes on the part of employers and the federal government, as well as some smart strategizing from women themselves (when possible) to get them back to work and strengthen their long-term financial security. Here are 10 steps experts recommend. RAISING THE MINIMUM WAGE TO $15 AN HOUR, SAYS THE CENTER FOR AMERICAN PROGRESS, WOULD BE “TRANSFORMATIVE FOR WOMEN.” WHAT INDIVIDUALS CAN DO 01 Keep your hand in. Research shows that employers view job candidates who have career breaks on their resumes less favorably than those who were steadily employed—especially if the time…

FIFTEEN MONTHS INTO THE COVID-19 pandemic, the statistics that reflect its toll on women’s employment continue to astonish. Women’s participation in the labor force has dropped to levels last seen in the 1980s. A May 2021 analysis from the National Women’s Law Center identified a net loss of 4.5 million jobs held by women since February 2020; nearly 2 million women have left the labor force altogether. And those sobering big-picture numbers obscure the outsized impact on women of color: The employment rate for Black and Hispanic women has taken a bigger hit than that of any other demographic group. Early signs of the post-COVID recovery suggest the negative effect on women won’t disappear any time soon. Research by McKinsey suggests the employment recovery rate for women will lag men’s…

Over the past thirty years, Georgia has established itself as a global leader in economic reform, and now boasts one of the best business climates anywhere in the world. In the World Bank’s Doing Business 2020 rankings, the country stands seventh internationally – ahead of the UK, Sweden, and Australia. The banking sector has been at the heart of this transformation, creating the basis for growth, supporting private sector expansion, as well as in technological development. A report by the European Investment Bank in 2019 noted that banking sector assets to GDP had reached an all-time high of 96%. Bank of Georgia has been at the forefront of Georgia’s economic transition and the development of an advanced, robust banking sector. One of the country’s two dominant banks, it has a…

01 Area 51 Groom Lake, Nevada Perhaps the most famous spot associated with UFOs and extraterrestrial life, this highly classified military facility has fueled many conspiracy theories due to its secrecy. It is rumored to hold a crashed alien ship and the bodies of its passengers and even other alien technology. 02 Giant Rock Mojave Desert, California This massive freestanding boulder in the middle of the desert used to be the location of UFO conferences. In the 1950s, a UFO enthusiast lived in a mined-out house under the rock. He claimed to have heard alien communication from an antenna on top of the boulder and even to have entered a spaceship. 03 San Clemente UFO Trail San Clemente, Chile Considered to be the unofficial UFO capital of…

IN THE PAST FEW YEARS, ISRAELI ACTRESS SHIRA HAAS HAS DELIVERED career-defining performances in a number of projects, including her Emmy-nominated performance in Unorthodox and the international hit series Shtisel (both available on Netflix). The kicker is, she’s only 25. “I sometimes felt mature for my age. I’m not saying it to compliment myself, but that’s why I was drawn to acting. I could show stuff within me that I couldn’t necessarily show in my daily life.” Now she’s showing even more range in the film Asia. Haas plays Vika, a teen facing her own mortality because of an illness while also finding a connection with her mother, Asia (played by Alena Yiv), before it’s too late. “I’m excited to finally talk about Asia, because it’s one of the projects—if…

Brazil’s economy has continued to attract strong investment over the past two years, despite the impact of the global covid-19 pandemic. Latin America’s largest economy saw 1038 merger and acquisition deals in 2020. Of these, just under half (455) had their value disclosed with total of US$ 63.8bn. This followed a strong year in 2019, in which there were 912 deals; 416 had declared value, reaching $63.8bn, according to professional services company PwC. It looks set to continue through 2021 and beyond thanks to low interest rates and private investors looking to realise their returns through public offerings, which will draw financial investors to the B3, Brazil’s Agriculture was a rare sector to see sustained growth in 2020, expanding by 2% while the economy as a whole shrank due to…

Brazil’s rich natural resources and enterprising population have helped the country soaring demand for energy and fuel in recent years, with the USDA Foreign Agricultural Service reporting total domestic biofuel production rose by 13% between 2018 and 2019 to hit 34.5 billion liters, while total fuel consumption in the country rose by 35% between 2010 and 2019 to reach 60,7 billion liters. Domestic producers like Cerradinho are playing an important role in meeting this demand. Established in 1969, Cerradinho history and deep experience in the Brazilian market sets it head and shoulders above the rest. Today the company is a top regional producer of ethanol and a leading power producer, with 65000 hectares of sugarcane under production in the Chapadão do Céu municipality in Goiás. For Luciano Sanches Fernandes, chairman…

As Brazil looks to the post-pandemic future, all eyes are on the construction sector as a key driver of economic recovery. Growth was rising sharply in the years to 2020, with nearly 170,000 new housing units sold in 2019 alone, a 34% increase over 2018. Construction projects are set to surge in on the back of renewed economic growth, meaning construction materials business will be booming. Good news for Portobello, the country’s largest coating company. Based in Tijucas, Santa Catarina, Portobello’s vast portfolio spans thousands of product lines including floor, decorative, mosaic, drain, and grill tiles, as well as bricks, custom orders, and more than 220 varieties of coatings. CEO Cesar Gomes Jr. described how a client-focused business strategy helped the company move to the front of the pack in…

ONLY ABOUT 35 TO 40 PERCENT OF THE MONEY THAT A TYPICAL WOMAN MAY LOSE over her lifetime due to being out of work during the pandemic comes from the current income she is missing out on. The rest is due to the loss of some future earnings (since women who interrupt their careers usually make less when they return to work) and also to reductions in their retirement savings and Social Security benefits. As these projections show, the longer a woman is out of work, the greater the financial damage is likely to be. NOTES: Calculations are for a hypothetical woman, age 30, based on 2019 BLS wage data; lost future wages were calculated using a formula that takes into account years of experience and data from the National…

Brazil’s economic success story has seen personal incomes and consumer purchasing power surge in recent years, with GDP per capita rising by 15% over the previous decade to end 2019 at $15,300. Rising personal incomes in a 211-million-strong domestic market have supported soaring retail growth, with the country’s consumer market more than doubling in value over the same period to hit $90bn. Retail sales growth is forecast to hit 4% in 2021, supporting a strong rebound that will set the country’s leading retail real estate developer, Multiplan, on a robust long-term growth trajectory. Founded in 1974, Multiplan owns and manages one of the largest shopping center portfolios in Brazil, with 19 separate developments currently in operation across Rio de Janeiro, São Paulo, Minas Gerais, Rio Grande do Sul, Paraná, the…

With stimulus measures worth a total of 18% of GDP, and rapid cuts in the central bank interest rate to just 2%, Brazil responded quickly and strongly to the covid-19 pandemic. The International Monetary Fund noted this robust approach to supporting the economy in a December 2020 assessment, saying that retail and industrial activity returned to pre-covid levels by the third quarter. With economic growth recovering, Latin America’s largest market is expected to provide huge opportunities for the construction sector in the coming years. A recent report by industry research company ConsTrack360 forecasts that construction will grow by a compound annual growth rate of 14% to 2024, reaching a value of more than $180bn. Leading Brazilian construction materials company Eucatex is riding this wave, having marked its seventieth anniversary in…

Brazil’s economic outlook is stronger than that of most developed countries, according to a January 2021 report by the Organisation for Economic Cooperation and Development (OECD). The organisation scored Brazil 4.2% above its average composite leading indicator, which provides an early signal of changes in the business cycle. According to industry surveys, the construction industry has been one of the sectors rebounding the quickest from the covid-19 pandemic. It achieved four consecutive months of growth towards the end of 2020, showing resilience that will stand it in good stead for the coming recovery. Exemplifying this resilience is BERNECK, a forest-based industry that is one of Brazil’s great success stories. Founded in 1952, the company has grown steadily through decades that were not always easy for Brazilian businesses. Specialized in the…

BY THE NUMBERS 4.5 MILLION The net number of jobs women have lost since February 2020 57.2% Women’s labor force participation rate (April 2021). Prior to the pandemic, the last time the rate was this low: October 1988. 28 MONTHS How long it will take women to regain the jobs lost during the pandemic at the current rate of recovery 44.2% The percentage of unemployed women who have been out of work for six months or longer 2 MILLION The net number of women who have left the labor force entirely since the pandemic began SOURCE: National Women’s Law Center…

The World’s Best Smart Hospitals 2021 ranks the 250 medical institutions that are the world leaders in the use of smart technology. The ranking is based on a survey which included recommendations for hospitals in five categories: Digital Surgery, Digital Imaging, Artificial Intelligence, Telehealth and Electronic Medical Records. These recommendations came from both national and international sources. Statista’s complex methodology ensures the quality and validity of the ranking. The evaluation process took place in three steps: → Expert interviews: in-depth interviews with Smart Hospitals experts to generate questions and categories for the international survey → Hospital recommendations from peers: an international survey that resulted in more than 13,000 votes from doctors, hospital managers and health care professionals with knowledge of smart hospitals → Desk research (Quality Assurance): A review of…

AS WARM WEATHER DESCENDS UPON US, AND SOME of us prepare to venture back outside to enjoy parks and beaches, what better companion is there than a delicious summer read? This season’s titles include a hefty dose of books about books and white collar business tales that read more like thrillers than nonfiction. This list will keep you entertained long after summer ends. Fiction Revival Season By Monica West MAY | SIMON & SCHUSTER | $26 Every year, the Horton family travels across the South for revival season, where the family patriarch, a prominent Baptist preacher, uses his healing powers. Young Miriam, his daughter, is thrown into crisis by something she witnesses on one of those trips in this intricate story of growing up. Bewilderness By Karen Tucker JUNE |…