Sign up for our daily briefing

Make your busy days simpler with Axios AM/PM. Catch up on what's new and why it matters in just 5 minutes.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Catch up on the day's biggest business stories

Subscribe to Axios Closer for insights into the day’s business news and trends and why they matter

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Stay on top of the latest market trends

Subscribe to Axios Markets for the latest market trends and economic insights. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Sports news worthy of your time

Binge on the stats and stories that drive the sports world with Axios Sports. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Tech news worthy of your time

Get our smart take on technology from the Valley and D.C. with Axios Login. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Get the inside stories

Get an insider's guide to the new White House with Axios Sneak Peek. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Axios on your phone

Get breaking news and scoops on the go with the Axios app.

Download for free.

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Denver news?

Get a daily digest of the most important stories affecting your hometown with Axios Denver

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Des Moines news?

Get a daily digest of the most important stories affecting your hometown with Axios Des Moines

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Twin Cities news?

Get a daily digest of the most important stories affecting your hometown with Axios Twin Cities

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Tampa Bay news?

Get a daily digest of the most important stories affecting your hometown with Axios Tampa Bay

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Charlotte news?

Get a daily digest of the most important stories affecting your hometown with Axios Charlotte

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Sign up for Axios NW Arkansas

Stay up-to-date on the most important and interesting stories affecting NW Arkansas, authored by local reporters

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

With coronavirus vaccines rolling out, there’s a lot of optimism about this being a turning point in the pandemic. That’s what Melinda & Bill Gates wrote in their annual letter from the Gates Foundation, which has so far invested about $1.75 billion towards fighting COVID-19.

  • Melinda Gates been also a huge advocate for women, who we now know have been disproportionately affected by the pandemic.
  • Take this one stat: almost 2.1 million women have dropped out of the labor force entirely since last February — that’s 20% more than the number of men who have left the workforce.

Axios Today's Niala Boodhoo spoke to her for the podcast. Here is the full version of that interview.

Go deeper

Updated Jan 28, 2021 - Axios Events

Watch: The future of financial inclusion

On Thursday, January 28, Axios' Dan Primack hosted a conversation on financial inclusion in the global economy, featuring Sen. Tina Smith (D-Minn.) and Institute for Women's Policy Research CEO C. Nicole Mason.

Sen. Tina Smith discussed the impact of the COVID-19 pandemic, uneven access to technology, and the role of systemic racism in growing economic inequities.

  • On what she thinks will be the most effective way to move the needle on financial equity: "Raising the minimum wage to $15 an hour...is one of the biggest things that we can do to address the wage inequality and savings potential for people of color in this country."
  • On Democrats' economic goals going into the new administration: "Addressing this kind of discrimination in financial services and creating more opportunities for people of color to get access to banking services, loans, access to capital is a big priority for us as [Democrats] move into the majority."

C. Nicole Mason discussed how job losses during the pandemic reflect existing gender and racial inequities, as well as the disproportionate burden of childcare on women.

  • On the scale of job losses for women: "Since the start of the pandemic, women have exited the workforce at four times the rate of men, so about 11 million women since the start of the pandemic have lost their jobs or exited the workforce."
  • On childcare as an equity issue: "With the pandemic, the burden [of childcare] doubled and tripled...We need a national childcare infrastructure where we keep up childcare as a public good and people can access it regardless of their income or ability."

Axios co-founder and CEO Jim VandeHei hosted a View from the Top segment with Executive Vice President and Chief Executive Officer of Europe, Visa Charlotte Hogg, who discussed digital and financial inclusion as a component of economic equity during the pandemic.

  • "We have to think about inclusion as being digitally, financially included. [From] small businesses who are increasingly important in driving towards a more inclusive recovery and who need to be digitally enabled to participate in that, [to] consumers who for various reasons may be vulnerable."

Thank you Visa for sponsoring this event.

Australia opposes UN report warning Great Barrier Reef is "in danger"

A green sea turtle swimming among the corals at Lady Elliot island, off the coast of Queensland, Australia. Photo: Jonas Gratzer/LightRocket via Getty Images

The Great Barrier Reef should be included in a list of World Heritage Sites that are "in danger" from climate change, a United Nations committee said in a report Tuesday.

Yes, but: Australia's government said it will "strongly oppose" the recommendation by UNESCO's World Heritage Committee.

Sen. Kyrsten Sinema: Abolishing filibuster would weaken "democracy's guardrails"

Sen. Kyrsten Sinema at the U.S. Capitol building earlier this month. Photo: Samuel Corum/Getty Images

Sen. Kyrsten Sinema (D-Ariz.) defended her opposition to abolishing the 60-vote legislative filibuster in a Washington Post op-ed published Monday night, saying to do so would weaken "democracy's guardrails."

Why it matters: There have been growing calls from Democrats, particularly progressives, to overhaul the rules as the Senate prepares to vote Tuesday on a massive voting rights package. But Sinema writes in her op-ed that if this were to happen "we will lose much more than we gain."

You’ve caught up. Now what?

Sign up for Mike Allen’s daily Axios AM and PM newsletters to get smarter, faster on the news that matters.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!