Women of a certain age? They’re powerful: Gregg Wallace’s story shows utter ignorance, says ALEX BRUMMER


Gregg Wallace’s message to middle-aged women will never be forgotten, no matter how hard the MasterChef host tries to push back.

In addition to the resulting guilt, it shows the utter ignorance of a celebrity TV presenter who is hungry for sweets and cooked lamb, but has no idea what is going on outside the walls of the kitchen.

Among those women who are easily dismissed are some of the most powerful people in the world, who have contributed greatly to life, prosperity and growth.

The rise and rise of women – yes many of the middle class and some years – in the command and control structure of the world economy, is a wonder of the 21st century.

Operations that were previously handled by gray-haired, dark-skinned operators in telephone booths are now performed by experienced women.

But it’s also worth noting that it’s not all that common, as nine out of nine FTSE 100 female CEOs see.

Three officials: US Treasury Secretary Janet Yellen, Chancellor Rachel Reeves and ECB president Christine Lagarde

Three officials: US Treasury Secretary Janet Yellen, Chancellor Rachel Reeves and ECB president Christine Lagarde

Since July 5th, we’ve all known Rachel Reeves with bobbed hair, who gained her middle-class status through strong political activism.

He was probably too young to participate in Wallace’s creation of ‘that age’. But as Britain’s first female Prime Minister in 700 years, as she commemorated the nation in its first Budget, Reeves is part of an impressive team that has worked and continues to contributing to our wealth.

They can all find the best food and hire delicious restaurants by MasterChef professionals.

Reeves is not alone among women in the upper echelons of the British economy. Clare Lombardelli is the governor for Bank of England Governor Andrew Bailey.

It’s his job to collect and sign the credit policy report that rate adjusters use to determine the price of your mortgage.

Lombardelli was transferred to the Bank from the Organization for Economic Co-operation and Development in Paris, where he was the chief economist responsible for the economic and financial policies governing the people of the West.

Not far from these shores in Frankfurt lives the flamboyant and elegant president of the European Central Bank, Christine Lagarde.

The silver-haired former French finance minister and sole managing director of the International Monetary Fund oversees the debt and financial stability of the 20 countries in the euro zone.

These include the EU’s three largest economies of Germany, France and Italy. It sets interest rates for a group that stretches from Finland on the Russian border to Spain on the Atlantic coast.

If you think this extends beyond the chopping board and the whistle, then consider the work of Bulgarian-born economist Kristalina Georgieva.

As the head of the International Monetary Fund, he is responsible for the economic, financial and (to say the least) political affairs of 191 countries. These include the giants, such as the US and China, including Liechtenstein is a new member.

The Treasury is a think tank, a forecasting organization and a lender that is called upon when economies are in trouble. It recently helped fix the indebted and troubled Sri Lankan economy with a £2.3 billion loan, and is working across much of Africa.

Georgieva came into our lives here in the UK two years ago when she used the IMF’s annual meetings to present former Prime Minister Liz Truss with another Woman of the Year award. , a dressing up for his unchecked tax cut Budget.

This is one of the factors that have caused UK mortgage rates to rise and financial markets to suffer.

Across the street from the IMF, Washington is home to Janet Yellen, the US Treasury secretary. The Brooklyn-born economist is in his final days in office following the election of Donald Trump.

Yellen, a champion of Reeves, is among the world’s top economists. He previously served as chairman of the US central bank, the Federal Reserve, before being relieved of his duties by the last Trump administration.

He can claim to deliver the fastest growth among the G7 rich nations in the Biden years.

But the Democrats, like most Western governments, were hit in the polls for a near-double-digit increase after the pandemic and Russia’s war in Ukraine.

The changing of the guard in Washington with Donald Trump taking the oath of office on January 20 will see his new chief of staff Susie Wiles as the gatekeeper of the Oval Office.

Most importantly, Trump’s proposal to drive a coach and horses through the world, by slapping tariffs on neighbors Canada and Mexico and China, will overthrow the Trade Administration of the World in Geneva takes center stage.

Its Director General is former Nigerian finance minister and World Bank CEO Ngozi Okonjo-Iweala.

He is tasked with policing global trade and making sure that Trump’s trade deal does not turn into a global trade war, with tit-for-tat restrictions, which could be resolved by the world economy into recession, into a 1930s-style recession. .

There are unrequited voices that view women as violating economic laws, which are essential to all of our ways of life, as symbols. That was the hope for Wallace and his men.

But women are less inclined to pursue money and machismo than their male counterparts and prefer to listen, learn and negotiate.

Many women of a certain age who reach the level of decision-making in the world’s economy come from humble beginnings, and have risen through the ranks through wisdom, aspiration and imagination. We should thank them. Therein lies our standard of living.

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