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Signs welcoming Indiana Fever's new player Caitlin Clark, at Gainbridge Fieldhouse in Indianapolis.

Mykal McEldowney-USA TODAY NETWORK via Reuters

Basketball double whammy: Gender pay gap and betting scandals

It’s been a big week for professional basketball leagues catching heat. Fans were outraged to learn that college basketball legend and all-time NCAA top-scorer and top WNBA draft pick Caitlin Clarkwill earn a meager $338,056 over four years with the Indiana Fever.

That means, Clark’s earnings will be less than 1% of the 2023 NBA top draft pick, Victor Wembanyama’s $55 million deal. It’s even lower – much lower– than some NBA mascots.

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Graphic Truth: Are Canada and the US narrowing the gender pay gap?

Despite lofty rhetoric about equality from politicians in Washington and Ottawa, the US and Canada are trailing behind several of their G7 counterparts (though both far ahead of Japan) when it comes to progress made in narrowing the gender pay gap over the past two decades or so, OECD data shows.

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A mock 10 baht banknote bearing an illustration of a yellow duck instead of the Thai king or his predecessor is pictured in Bangkok on Nov. 25, 2020.

Kyodo via Reuters Connect

Hard Numbers: Thai royal canard, Biden’s deficit plan, Japan’s gender pay gap, golden Odin, Greek walkout

2: Prepare to read the next sentence twice. A man in Thailand is facing two years in jail for selling calendars of … rubber ducks. The squeaky fowl has long been a symbol of the country’s pro-democracy movement, and since these birds were dressed in royal regalia, authorities say they insulted the monarchy. The country’s defamation laws have been used to convict 200 people since 2020.

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US women soccer team’s fight for equal pay "because we're clearly the dominant team"
US Women’s National Soccer Team Continues Fight for Equal Pay | GZERO World

US women soccer team’s fight for equal pay "because we're clearly the dominant team"

The World Cup-winning US women's soccer team won its sixth medal (bronze) in the Tokyo Olympics, and it's arguably the world's best squad in recent years. Meanwhile, the national women's team just filed its first brief to appeal an equal pay lawsuit ruling against the US Soccer Federation, one year after a judge rejected their claim that they were underpaid compared to the (way less successful) men's squad. GZERO World gets the latest on what comes next from two-time gold medalist and World Cup champion goalkeeper Briana Scurry and their lawyers.

Watch the episode: Politics, protest & the Olympics: the IOC's Dick Pound

Women have borne the economic brunt of the pandemic
Why Women Have Borne the Economic Brunt of the Pandemic | GZERO World

Women have borne the economic brunt of the pandemic

It's no secret that women around the world have shouldered much of the burden brought about by the COVID-19 pandemic, especially when it comes to unpaid labor. As London School of Economics director Minouche Shafik points out in this week's episode of GZERO World, on average in the world women do two hours more unpaid work per day than men. And whether we're talking Norway or Pakistan, women have been doing more than their fair share for a long time before COVID hit. So how do women come back from what Shafik calls "the biggest change in the social contract in decades?" That's a major focus of this week's show.

Watch the episode: Is modern society broken?

The pandemic is hurting women more than men

At the outset of the pandemic earlier this year, people in high places said that the coronavirus was shaping up to be the "great equalizer." But, in fact, the twin health and economic effects of the pandemic have been anything but equal. The poor have suffered and died more than the rich. Ethnic minorities in Europe and the US have borne the brunt. Pre-existing inequalities have been exposed, and deepened, by the disease.

Nowhere is that clearer than in the pandemic's disproportionate impact on women. What are the particular challenges for women in this crisis, and what does recovery look like for over half of the world's population?

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Should the US have Family Leave: Money in 60 Seconds
Should the US have Family Leave?: Money in 60 Seconds

Should the US have Family Leave: Money in 60 Seconds

16 weeks of paid maternity leave pays for itself in the first year.

It's your Money in 60 Seconds with Sallie Krawcheck!


And go deeper on topics like cybersecurity and artificial intelligence at Microsoft on The Issues.

Money in 60 Seconds: Gender Pay Gap
Money in 60 Seconds - January 30, 2019

Money in 60 Seconds: Gender Pay Gap

The gender pay gap is still a huge problem. Here's why Citigroup's pay gap increased to 29%.

It's your Money in 60 Seconds with Sallie Krawcheck!


And go deeper on topics like cybersecurity and artificial intelligence at Microsoft on The Issues.

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