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Yandex Founder Condemns Russian War as Deal to Split Firm Stalls
Yandex Founder Condemns Russian War as Deal to Split Firm Stalls
Sanctioned Russian-born billionaire Arkady Volozh denounced Russia’s invasion of Ukraine, taking a public stance on the war for
2023-08-10 17:48
Jardines Exploring Sale of Two Hong Kong Buildings, Sources Say
Jardines Exploring Sale of Two Hong Kong Buildings, Sources Say
Jardine Matheson Holdings Ltd., controller of Hong Kong’s biggest commercial landlord in the Central business district, is exploring
2023-08-10 17:47
Indian Tycoon Adani Prepared to Go Solo on Hydrogen Mega-Project
Indian Tycoon Adani Prepared to Go Solo on Hydrogen Mega-Project
India’s Gautam Adani is prepared to go it alone in spending billions of dollars on developing green hydrogen
2023-08-10 17:45
Germany to Face Risk of Gas Shortages Until Early 2027, Storage Operators Warn
Germany to Face Risk of Gas Shortages Until Early 2027, Storage Operators Warn
Germany will continue to face a risk of severe gas shortages until early 2027 unless it adds more
2023-08-10 17:28
Breakfast for 40 cents: what China's deflation looks like
Breakfast for 40 cents: what China's deflation looks like
By Sophie Yu and Yew Lun Tian BEIJING At Nanchengxiang restaurants in Beijing, customers treat themselves to a
2023-08-10 17:20
‘They abuse us’: Female workers making Fifa World Cup merchandise face systemic harm, says report
‘They abuse us’: Female workers making Fifa World Cup merchandise face systemic harm, says report
Female workers who produce Fifa merchandise for events such as the Women’s World Cup have endured pay below minimum wage, verbal abuse, unpaid overtime and threats of job loss if they fall pregnant, according to a new report by human rights researcher Equidem. Equidem has criticised Fifa for not taking action on a situation that seems to go against the advances the tournament has been responsible for, and president Gianni Infantino has been urged to extend “that progress to addressing the harms its women workers experience”. Equidem has put its report into the context of the litany of migrant labour abuses that occurred due to the men’s World Cup in Qatar and asked why there has been no update from a human rights subcommittee that was supposed to be set up to assess the legacy of that event, raising questions about Fifa’s expressed commitment to improving working conditions. The report features interviews with women workers in factories in Bangladesh that make official merchandise for Fifa events, and involves distressing testimonies including verbal abuse and the illegal denial of worksite childcare and maternity leave. Equidem heard several stories of women denied freedom of association. “We have a daily target to reach,” one worker said. “The supervisor fixes our daily target. I make 60-80 pieces per hour. I can only go to the restroom after finishing my hourly target. When a lot of work piles up, they don’t let us go anywhere. They verbally abuse us. I work for 10-12 hours a day at my sewing machine. Today, my supervisor told me to give 80 pieces per hour, but it was quite difficult to make 80 pieces. I made 60 pieces per hour. He shouted at me several times. “I can’t keep my son with me. I work between eight and 12 hours every day. Who will look after him? I searched for someone to leave my son with when I went to work, but I did not get anyone. We don’t have a childcare room in our factory. My son lives in Dhaka with my mother-in law and father-in-law.” Workers described a common practice of being told they would lose their jobs if they became pregnant during the first two years of employment. One woman employed as a sewing machine operator explained: “When I started working here, the factory doctor told me not to have babies for the first two years. I was told that after completing two years, I can have children. If I get pregnant before that, I will have to resign. They will not give me any leave.” Some workers spoken to by Equidem reported that they did not get paid any maternity leave at all, even though they are supposed to be legally entitled to four months, making it a clear violation of Bangladeshi law. Equidem’s CEO Mustafa Qadri states: “After the Men’s World Cup this past year in Qatar, FIFA pledged to set up a human rights subcommittee that would assess the legacy of the 2022 tournament, although there has been no further update as to the status of that assessment, nor its learnings. Equidem urges FIFA to extend its expressed commitment to improving working conditions to women workers in their apparel supply chains. "Yet, the world has seen significant advances in pay parity for women players, including making the Women’s World Cup more professional, ensuring equal regulations and conditions, and fair distribution of prize money to players. The United States team, after years of negotiations, public battles, and court filing won an equal pay deal that makes them one of the best-paid national teams in the world. "The FIFA Women’s World Cup 2023 brings with it many positive improvements for its players, and it is crucial that FIFA extends that progress to addressing the harms its women workers experience. FIFA has the power, money, and resource to address this at the systemic level, and we will keep monitoring their global supply chains until it does. “This movement toward gender parity within FIFA, signals a heightened commitment within the organisation to fair conditions for women players—on par with their male counterparts. This should extend to all women, not just those under the stadium lights.” A Fifa spokesperson said: “FIFA has stringent labour rights requirements for companies producing FIFA-licensed goods and takes any allegation of labour rights abuse in its supply chain very seriously. FIFA is in contact with both Equidem and the respective companies to further investigate the matter.” Read More Fifa urged to make human rights key consideration for World Cup 2030 host ‘Matter of when not whether’ UK hosts Women’s World Cup – sports minister Kevin De Bruyne says new approach to added time ‘doesn’t make any sense’ How much added time? Football’s new guidelines and the impact they will have Raphael Varane says players’ opinions ignored over ‘damaging’ new guidelines
2023-08-10 17:18
LVMH Leads $22 Billion Luxury Rally as China Eases Travel Curbs
LVMH Leads $22 Billion Luxury Rally as China Eases Travel Curbs
LVMH led luxury stocks higher in Europe on Thursday as China lifted a ban on group tours, boosting
2023-08-10 16:59
Trump-Tied SPAC Climbs as Merger Partners Extend Pact Timing
Trump-Tied SPAC Climbs as Merger Partners Extend Pact Timing
The blank-check firm struggling to take Donald Trump’s social media company public rallied in premarket trading after the
2023-08-10 16:54
Treasury Yields Bump Up Risks for Asia Stocks as AI Rally Cools
Treasury Yields Bump Up Risks for Asia Stocks as AI Rally Cools
Inflation concerns are threatening to keep US Treasury yields higher for longer, worsening a slide in Asia stocks
2023-08-10 16:51
UK considers response to U.S ban on tech investments in China
UK considers response to U.S ban on tech investments in China
LONDON Britain said on Thursday it was weighing how to respond to a decision by U.S. President Joe
2023-08-10 16:50
Zurich Insurance price hikes help it weather climate storms
Zurich Insurance price hikes help it weather climate storms
By Olivier Sorgho Zurich Insurance on Thursday reported a better-than-expected half-year operating profit, helped by its Life business
2023-08-10 16:48
Egypt's headline inflation rises to record 36.5% in July
Egypt's headline inflation rises to record 36.5% in July
CAIRO Egypt's annual headline inflation in July rose to an all-time high of 36.5%, in line with analysts'
2023-08-10 16:45
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