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|Ivanka Trump Scarpe Nike Air Force 1 Low 07 LV8 Grigie Saldi , President Donald Trump's daughter and a White House advisor, on Saturday touted the creation of a new World Bank initiative to foster entrepreneurship among women.
Ivanka Trump attends a session named "Taking women-owned businesses to the next level" as part of the World Bank and International Monetary Fund annual meetings in Washington, DC, on October 14 Scarpe Uomo Nike Air Force 1 07 Low Oro Bianche Saldi , 2017 (AFP PhotoJIM WATSON)
The initiative launched this week, the Women Entrepreneurs Finance Initiative or We-Fi, aims to boost access to capital for businesswomen in the developing world.
"Fully unleashing the power of women in our economy will create tremendous value but also bring much-needed peace, stability and prosperity to many regions Scarpe Uomo Nike Air Force 1 Low Nere Saldi ," Trump said during an event at the annual meetings of the World Bank and International Monetary Fund.
Women-owned businesses in the developing world suffer an annual credit deficit of $300 billion, either by being unable to borrow or receiving only high-cost, short-term credit, she noted.
"They say that women invest 90 cents on the dollar back in their family Scarpe Uomo Nike Air Force 1 Flyknit Low Nere Saldi , their family's education, their family’s health and their community at large," she said.
White House senior adviser Ivanka Trump accompanied by World Bank President Jim Yong Kim and Her Excellency Reem Bint Ebrahim Al Hashimy, attend the forum Taking Women-Owned Business to the Next Level Scarpe Nike Air Force 1 Mid 07 Bianche Saldi , on the sidelines of the World BankIMF Annual Meetings in Washington, Saturday, Oct. 14, 2017.
Her appearance at an event comes amid strains between the Trump administration and international financial institutions. The United States this week opposed World Bank calls for a capital increase Scarpe Uomo Nike Air Force 1 Low Bianche Saldi , calling instead for greater efficiency.
The White House this week also rejected IMF conclusions that tax cuts do not pay for themselves and that heavily indebted nations such as United States should pay down sovereign debts.
The Trump administration is currently pushing a tax cut proposal that critics say would balloon the US budget deficit.
World Bank President Jim Yong Kim on Saturday described Ivanka Trump as the "driving force" behind the new initiative, which had received $350 million in donor commitments.
The US itself pledged $50 million to the fund in July but has proposed reducing its commitments to a separate fund that helps the world's poorest countries by 15 percent, according to The Wall Street Journal.
Ivanka Trump proposed We-Fi at G20 summit in Hamburg, Germany Saldi Scarpe Donna Nike Cortez Classic Nylon Blu Grigie , where she raised eyebrows by briefly taking her father's seat at a meeting of world leaders
The initiative is supported by Germany, Russia, China, Japan Saldi Scarpe Donna Nike Cortez Classic Nylon Rosa , Saudi Arabia, the United Arab Emirates, among other countries.
"You can't imagine a society that grows if you don't actually operationalize half the population of that society," Reem Bint Ebrahim al-Hashimy Saldi Scarpe Uomo Nike Cortez Classic Nylon Verdi Grigie , the UAE minister for international cooperation, said at the same event.
"We've seen primarily that if you provide opportunities for women farmers, for example, you see that go back into the community Saldi Scarpe Uomo Nike NSW Cortez Flyknit Nere Oro , into the schools, into their very own ecosystem."
by Daniel Majack
JUBA， June 14 (Xinhua) -- The economic hardship affecting war-torn South Sudan has forced some citizens to resort to extreme hard labour to make ends meet and sustain their families.
Women are not spared. In the capital Juba， some women have to earn a living by cracking stones to put food on the table for their children， as well as education and health.
Mary Dudu， Margret Sander and Jaheli Jore are some of the women interviewed by Xinhua in Juba to find out what compelled them to depend on crashing stones as their livelihood.
Dudu， a widow and a mother of six， was working in harsh weather at a roundabout next to a church when interviewed.
She told Xinhua that she began stone crashing in 2010 after the death of her husband which forced her to think outside the box as she has to shoulder the responsibilities of taking care of her household.
She said that she first began the business on another street but was constrained to shift to the roundabout because customers irregularly pass by to buy the ready-made stones.
"I get raw materials from Jebel Kujur ( a mountain on the outskirts of Juba) at a cost of 11.6 dollars per trip and I sell half a Jerry can of cracked stones at 2.3 dollars just only to earn a family daily bread，" Dudu said.
Dudu said， despite many difficulties she experienced she will not to give up simply because the business is the "backbone" of her children endurance.
In soft voice， the hard-working woman in her late 50s said one of her offspring was about to finish secondary education while the rest of the siblings were in primary levels.
"I am struggling a lot so that my children do not follow me but to have brighter future，" Dudu said.
She wants people to recognize her work instead of despising when passing by. She thanks those who have been motivating her while passing near her place of work.
Sandra， a mother of eight， does the same job. She said she found herself into the job also following the death of her husband back in 2007.
She said the job enabled her to feed and educate her eight children， most of whom are in school.
Sandra admitted that the work was difficult and required hard work as it is accompanied by some ailments after work.
"Lack of buyers is affecting our living standards as the current economic situation in the country is pathetic，" she added.
Another widow， Jaheli Jore， a mother of four， is also experiencing the same circumstances. However， despite exerting herself in stone crashing， she could not manage to send her children to school.
"The little I earn from the business only helps in sustaining the family due to high inflation in our economy，" she said.