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Pensions, sovereign wealth funds, and industrial policy in the Gulf: A look at fund consolidation

The last few years have seen a lot of consolidation in Gulf financial sectors. Not only do these mergers create economic benefits, the merged entities also become potent tools for economic development. The mega-funds and other major financial institutions are part of a trend where Gulf political elites sidestep ossified bureaucracies and instead centralize power in private entities over which they have even more control.
Saudi Arabia United Arab Emirates Ministry Of Finance South Korea Abu Dhabi Abuz Aby
Source: mei.edu

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UK Ambassador to Armenia visits Vayots Dzor and Syunik provinces

YEREVAN, JULY 13, ARMENPRESS. From 6 to 8 July, UK Ambassador to Armenia John Gallagher visited the Vayots Dzor and Syunik provinces of Armenia to observe the results of several UK Government funded projects, to meet local authorities to highlight the UK’s support to Armenia’s border regions, and to hear first-hand about the issues and challenges that the UK can potentially help to address, the British Embassy Yerevan said on social media.
Vayots Dzor United Kingdom Goris Arush Arushanyan Syunik Robert Ghukasyan John Gallagher Women Resource Centre Of Meghri

Domestic workers have rights too

'I have many Thai domestic worker friends who are 50 to 60 years old. They have worked since they were in their late teens or early twenties. This is their occupation. They have jobs and employers like other workers do. But the government has excluded domestic workers from receiving social security benefits," said Champa, a migrant domestic worker in Thailand.
Un Joint Programme On Social Protection For International Organization For Migration Mmigrant Health Insurance International Labour Organization Security Fund Social Security

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