The head of global ports operator DP World resigned on Friday amid mounting pressure over his links to convicted sex offender Jeffrey Epstein, while a new report indicates that the gender pay gap won't close until 2056. The resignation of Sultan Ahmed bin Sulayem, as chairman and chief executive, came after newly-released files showed he exchanged hundreds of emails with Epstein over a decade, according to BBC Business. Meanwhile, the Trades Union Congress (TUC) warned that the gender pay gap will not close for another three decades if progress remains at its current rate, as reported by BBC Business.
The TUC's analysis of official pay data revealed that the disparity between average wages for men and women is 12.8%, or £2,548 per year. The gap is widest in the finance and insurance industry, at 27.2%, while in the leisure service sector it was only 1.5%. The TUC stated that the pay disparity means the average woman employee "effectively works for 47 days of the year for free."
Sulayem's departure from DP World was announced "effective immediately," with Essa Kazim named chairman and Yuvraj Narayan as chief executive. The BBC approached Sulayem for comment, but none was provided.
In other news, US President Donald Trump and Israeli Prime Minister Benjamin Netanyahu have solidified a strategy of maximum pressure against Iran, targeting the country's oil exports to China, according to Al Jazeera. The two leaders agreed during a White House meeting to intensify economic sanctions on Iran.
Also, a woman who was trafficked to Jeffrey Epstein's private island in the Caribbean and ranch in New Mexico said her recruiters "laughed" as she was sexually assaulted, according to Sky News. She described the experience as being held by "invisible chains of psychological bondage."
Furthermore, US Republican Senator Lindsey Graham urged Saudi Arabia and the United Arab Emirates to resolve recent disputes, stating that divisions among Gulf allies could indirectly strengthen Iran's influence, as reported by Euronews. "Don't let this moment pass. Be smart, but don't be locked down with fear," Graham said at the Munich Security Conference.
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