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The Week That Was: IT and Media news week 36

As newspapers close, local corruption thrives! An investigation shows that in districts where a major daily newspaper has closed, there was a 7.3 per cent increase in the number of corruption cases, two US professors report writing in LSE Business Review. An important question for policymakers is what can be done to address this rise in corruption in the absence of journalistic eyes, they argue. 

The European Parliament says it stands for gender equality. However, the EU elections in June did not improve the Parliament’s gender equality but made it slightly worse. The share of women elected as MEPs at the European elections in June 2024 was 38.5%, down from 39.8% just before the elections, the Parliament’s data shows.

There is a growing interest in women’s sports as investment opportunities! Sports have become a highly sought after asset class for private equity firms, and the Paris Olympics—the first to feature an equal number of male and female athletes—placed a spotlight on women’s sports as investment opportunities, financial data firm PitchBook says in a report.

 

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