Important Takeaways:
- …a large number of 2023 M.B.A. graduates job searches have collided with a slowdown in hiring for well-paid, white-collar positions.
- An M.B.A. can cost more than $200,000 at a top school but typically pays off as a launchpad for a new, more lucrative career or the corporate leadership fast track. Many in the spring class of 2023 say they are still awaiting that payoff. These M.B.A.s entered the job market just as three sectors that heavily recruit them—consulting, tech and finance—hit downturns and put the brakes on hiring. Some graduates with consulting jobs have had their start dates pushed to later this year. Meanwhile, the number of openings in software development, marketing, banking and other professional fields has fallen from a year ago.
- At Harvard Business School, 20% of job-seeking 2023 M.B.A. graduates didn’t have one three months after graduation…
- At Stanford’s Graduate School of Business, 18% didn’t, compared with 9% in 2021. About 13% of those at the Massachusetts Institute of Technology’s Sloan School of Management didn’t have a job within three months, up from about 5% in 2021
- Employers are hiring more selectively than they did in recent years, often picking candidates with relevant experience over new graduates, according to alumni and career coaches.
- “I had no idea, a year later, I’d still be searching for full-time employment,” said 32-year-old AJ Edelman, who decided to pursue a Yale M.B.A. to ease his transition from a skeleton-racing career into a management role in technology. Hundreds of applications later, he estimates, he’s still looking.
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Important Takeaways:
- Texas Governor Greg Abbott has celebrated the decision by a Texas grand jury to indict 141 migrants on misdemeanor rioting charges, a day after a county judge ruled there was insufficient probable cause to press charges.
- On March 21, a group of migrants broke through some of the border defenses near El Paso in Texas following which they were arrested. Footage showed the migrants tearing down a fence and forcing their way past a group of uniformed men—who appeared to be National Guard soldiers—before reaching a more robust barrier.
- According to El Paso District Attorney Bill Hicks, around 221 people were arrested over the incident during which several Texas National Guard soldiers were injured.
- On Sunday, Magistrate Judge Humberto Acosta ruled that “all the rioting participation cases will be released on their own recognizance,” according to The El Paso Times.
- However, the decision was overturned on Monday by a grand jury.
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Important Takeaways:
- The Supreme Court on Wednesday grappled with whether provisions of Idaho’s near-total abortion ban unlawfully conflict with a federal law aimed at ensuring certain standards for emergency medical care for patients, including pregnant women.
- The justices are weighing an appeal brought by Idaho officials who are contesting a lawsuit filed by the Biden administration over abortion access in emergency situations.
- The state law says that anyone who performs an abortion is subject to criminal penalties, including up to five years in prison.
- The Biden administration argues that care should include abortions in certain situations. The law applies to any hospital that receives federal funding under the Medicare program.
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Important Takeaways:
- Florida is set to become one of the most restrictive states in the nation to get an abortion next week.
- President Joe Biden visited Tampa Tuesday, calling Florida’s six-week abortion ban “one of the nation’s most extreme anti-abortion laws.”
- “It’s very dangerous situation,” Heidi Davis, a volunteer with the St. Petersburg League of Women Voters, agreed. “It’s as my shirt says, ‘Abortion is healthcare.’”
- “We need to make sure that we don’t have politicians interfering with the women’s medical decisions,” she continued.
- “It is pro-abortion through nine months, most people even if they’re pro-choice don’t agree with abortion through nine months.”
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Important Takeaways:
- After half a year of delays and debates, the US Congress has approved a $60.8bn military aid package for Ukraine, lifting the spirits of Kyiv’s forces this week as special operations destroyed Russian air defenses, a long-range bomber, a unique ship, and oil refineries.
- “It’s a dangerous time. Three of our primary adversaries, Russia and Iran and China are working together … their advance threatens the free world and it demands American leadership,” said US House Speaker Mike Johnson
- US Senate Intelligence Committee chairman Senator Mark Warner told CBS News that the missiles would be on their way to Ukraine “by the end of the week”
- Russian reactions ranged from the cynical to the vitriolic: “I can’t help but wish the USA with all sincerity to dive into a new civil war themselves as quickly as possible,” Medvedev wrote. “Which, I hope, will be very different from the war between North and South in the 19th century and will be waged using aircraft, tanks, artillery, MLRS, all types of missiles and other weapons. And which will finally lead to the inglorious collapse of the vile evil empire of the 21st century – the United States of America.”
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Important Takeaways:
- The Biden administration wants to train at least 200 activists to advocate for transgender rights in India as part of a program ostensibly designed to advance America’s “national interests,” according to a federal grant posting.
- President Joe Biden’s State Department plans to “train at least 200 LGBTQI+ community leaders … with preference given to trans and intersex community leaders”
- The grant opportunity argues that “improved health, education, economic strength, justice and equality” for transgender people in India will ultimately benefit the United States.
- The proposed program, titled “Empowering LGBTQI+ Community Leadership Across India,” (https://www.grants.gov/search-results-detail/353437) focuses on transgender and intersex Indians because, according to the State Department, they face both “more severe discrimination and social stigma compared to other groups within the LGBTQI+ spectrum” as well as “unique challenges” when it comes to “accessing education, healthcare, employment and legal recourse against discrimination.”
- To accomplish its goals, the program will utilize a “train the trainer” approach, using the 200 people it trains directly to reach a further 2,000 activists within one year.
- The State Department hopes to set off a “ripple effect” across India through this strategy.
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Important Takeaways:
- Netanyahu’s response to Oct. 7 has been ‘terrible,’ Pelosi says
- Rep. Nancy Pelosi, D-Calif., condemned Israeli Prime Minister Benjamin Netanyahu as an “obstacle” to peace and called on him to resign this week.
- “We recognize Israel’s right to protect itself. We reject the policy and the practice of Netanyahu — terrible. What could be worse than what he has done in response?” she said. “He should resign. He’s ultimately responsible,” she added.
- “I don’t know whether he’s afraid of peace, incapable of peace, or just doesn’t want peace. But he has been an obstacle to the two-state solution,” she added.
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Important Takeaways:
- China is rapidly becoming more aggressive in its rhetoric and actions across Asia, the out going head of the US Indo-Pacific Command said, as Beijing turned up the heat on Washington just before Secretary of State Tony Blinken heads to the country for high-stakes visit.
- “We all need to understand that it’s moving very fast,” Admiral John Aquilino told reporters
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Important Takeaways:
- Lavrov explained that the US and allies were responsible for blocking the recent review cycles of the Treaty on the Non-Proliferation of Nuclear Weapons (NPT), which, Lavrov says Washington long used to pressure its foes. He also noted the potential danger posed by the three-way AUKUS agreement between the US, UK and Australia, which is becoming “increasingly similar to a military bloc,” as well as NATO, which has been boosting its military spending.
- According to the senior official, the West’s support for Ukraine is also fraught with danger, especially as the three major Western nuclear powers, the US, UK and France, are among the main sponsors of the “criminal Kiev regime” and the “main organizers” of provocations against Russia.
- The US and their NATO client states are still dreaming of inflicting a ‘strategic defeat’ on Russia and are ready to carry on with their policy of deterring our country ‘to the last Ukrainian…’ The West is balancing on the dangerous edge of a direct military confrontation between nuclear powers, which could have catastrophic consequences.
- In his address, Lavrov reiterated this stance, saying that he saw “no basis whatsoever” for an arms control dialogue with the US “in the face of a total hybrid war being waged against our country.”
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Important Takeaways:
- Russia scrambles nuclear-capable missiles to NATO border as WW3 fears skyrocket
- Vladimir Putin’s forces have the nuclear-capable Iskander-M missiles in their arsenal and are rapidly trying to mobilize them to a NATO border.
- Russia has reportedly mobilized nuclear-capable missiles to its border with NATO member Finland, as fears of Vladimir Putin escalating conflict in the region soar.
- According to Russian media, a missile brigade has been formed near the new NATO member, equipped with the Iskander-M ballistic missiles – capable of firing conventional and nuclear warheads.
- The Missile Defense Advocacy Alliance (MDAA) called the Iskander-M “the weapon of choice for Moscow when making threats throughout Europe”.
- The think tank Royal United Services Institute (RUSI) said they provided Russia with a “significant capability” over Ukraine, specifically in tactical-operation strikes.
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