The Wall Street Journal reported that the World Bank's Women Entrepreneurs Fund, an idea that the president's elder daughter proposed, will work to help women in the Middle East who want to start their own businesses.
The [$100 million] donation from Saudi Arabia and the UAE was set to be announced at a Sunday event with President Trump's daughter, according to the report.
The first daughter spoke with Saudi women who are civil leaders, businesswomen and elected government officials during the president's first foreign trip.
The announcement by World Bank President Jim Young Kim came during a visit to Saudi Arabia by President Trump, who was accompanied by his wife, Melania, daughter Ivanka and son-in-law, Jared Kushner.
"We thought it was a fantastic idea," Kim said. "But we had no idea how quickly this would build. This is really a stunning achievement. I've never seen anything come together so quickly, and I really have to say that Ivanka's leadership has been tremendous." The money will help kick off a $1 billion women's empowerment fund that the World Bank will announce in July, he said.
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(Score: 4, Insightful) by Snotnose on Monday May 29 2017, @01:30AM (1 child)
I'll believe it when women in Saudi Arabia can drive, go to school/college, or do anything without a male's permission.
We make enough oil, it's time we tell the Saudis to flat out fuck off until they join the 20th century, then put them on a very limited leash until they join the 21'st century.
Why shouldn't we judge a book by it's cover? It's got the author, title, and a summary of what the book's about.
(Score: 2) by kaszz on Monday May 29 2017, @02:50AM
Don't worry there are many scenarios:
* Oil runs out (inflated well reserve data)
* CO2 restriction wipes out oil income
* Another power source undermine the oil business
* Someone decides to let men in green jumpsuits have a vacation in the sand, just ask Iraq