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This Founder Wants To Help Alzheimer's Patients Restore Memory. Plus: Stop Spinning Your Wheels

This Founder Wants To Help Alzheimer's Patients Restore Memory. Plus: Stop Spinning Your Wheels

Forbes02-05-2025
This is this week's ForbesWomen newsletter, which every Thursday brings news about the world's top female entrepreneurs, leaders and investors straight to your inbox. Click here to get on the newsletter list!
When was the last time you really embraced imperfection? This newsletter talks pretty regularly about how perfectionism can be bad for our wellbeing and even our workplace culture, but it can feel far easier to read and write about the power of imperfection and failure than it can be to actually live it.
I was reminded of this during an event for Ms. President US Wednesday night. The organization is one that prepares young girls (fourth through eighth grade) for civic leadership, and the New York City Ms. President chapter leader and founder, high school junior Sofia Sahai, had invited me to interview entrepreneur Reshma Saujani about her career and the ways she's taken action even after significant career setbacks.
In recounting the political losses that preceded her founding of Girls Who Code, Moms First, and PaidLeave AI, Saujani talked about how publicly losing two Congressional races liberated her to fight even harder for women's equality without fear of messing up or looking stupid. For Sahai—and I think for a lot of us, which is why I'm writing about it here—it's an important reminder that a setback isn't necessarily the end of a story. In many cases, it's the beginning.
'I think a lot of times, with girls, once a girl faces rejection—I'm speaking from personal experience—it's really hard to keep going, because you feel like one shutdown can be the end of the world,' Sahai told afterwards. 'But really, a no is just opening so many doors to other yeses.'
Cheers to that!
Maggie
P.S.: Last week, we reported on President Trump's comment that a $5,000 'baby bonus' to encourage more people to have children could be a 'good idea.' Today for a Know Your Value segment on 'Morning Joe,' Mika Brzezinski, Huma Abedin and I analyzed whether such a policy is actually smart—and I also gave an update about 50 Over 50 nominations. Tune in here to see our discussion!
Stella Sarraf founded drug discovery company Spinogenix in 2016 with a goal of finding a better way to treat neurodegenerative disorders—particularly Alzheimer's Disease. Her approach looks at the brain's synapses, which are the structures that allow our neurons to, effectively, talk to each other. 'We have a small molecule drug in clinical development working at restoring those synapses, those connections that can stop working,' Sarraf told ForbesWomen editor Maggie McGrath in a recent interview. 'When you restore those connections, you can regain function. So our hope is that we can restore memory.'
Pakistani Nobel Peace Prize laureate Malala Yousafzai. (Photo by BENJAMIN CREMEL/AFP via Getty ... More Images)
Since 2013, the Malala Fund has distributed $65 million through more than 400 grants across 27 countries. Now, as gender equality and girls' rights backslide around the world, the fund has announced that it is accelerating its impact and committing to distribute another $50 million over the next five years.
For the third year in a row, Forbes scoured the country to determine the richest person in every state across the country. In Wisconsin, ABC Supply cofounder Diane Hendricks (net worth: $21.9 billion) is one of 10 women who are the richest residents of their respective states, up from nine last year.
Last year, women's health startup Midi Health became one of the fastest-growing companies in its space by reaching some $100 million in funding, earning a spot on Forbes' Next Billion Dollar Startup list. ForbesWomen editor Maggie McGrath recently caught up with Midi cofounder and CEO, Joanna Strober, to hear about why she's hiring 'an army of nurse practitioners' and how she plans to increase Midi's reach.
We're not monkeying around with this one: Two new studies, one focused on bonobos, the other on professional women, underscore that female alliances can be game-changers. In the wild, researchers found that female bonobos form coalitions to suppress male aggression and maintain social power. Women in the workplace are doing something remarkably similar: By building supportive networks, they're pushing back against gender discrimination. The lesson from both studies is that when females back each other, they gain power.
1. Move beyond a period of stagnation. Working nonstop but feeling like you're going nowhere? In order to stop spinning your wheels, it might be time to reevaluate your priorities—and put deeper, more creative work on your to-do list.
2. Figure out when you're being gaslit. Gaslighting is a form of emotional and psychological manipulation, and it can occur in personal, professional, political, and medical situations. Not sure whether you're being gaslit by someone? Here are seven warning signs to consider.
3. Understand your employees' empathy expectations. A recent Deloitte study finds that Gen Z workers consider empathy one of the top two most important qualities in a boss. But what does this mean practically? Here's everything you need to know.
In the latest online discourse about men and animals, social media users this week began debating which side would 'win' in a fight between 100 men and one gorilla. The last time a similar debate arose, women debated whether it's safer to encounter a man in the wild or a…
A. Snake
B. Lion
C. Bear
D. Tarantula
Check your answer.
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Pakistan and US reach a trade agreement to develop oil reserves and reduce tariffs
Pakistan and US reach a trade agreement to develop oil reserves and reduce tariffs

Chicago Tribune

time4 hours ago

  • Chicago Tribune

Pakistan and US reach a trade agreement to develop oil reserves and reduce tariffs

ISLAMABAD — The United States and Pakistan reached a trade agreement expected to allow Washington to help develop Pakistan's largely untapped oil reserves and lower tariffs for the South Asian country, officials from both nations said Thursday. Officials did not specify where the exploration would take place, but most of Pakistan's reserves are believed to be in the insurgency-hit southwestern province of Balochistan, where separatists say the province's natural resources are being exploited by the central government in Islamabad. 'We have just concluded a deal with the country of Pakistan, whereby Pakistan and the United States will work together on developing their massive oil reserves,' U.S. President Donald Trump wrote on his Truth Social platform. 'We are in the process of choosing the oil company that will lead this partnership,' Trump added. 'Who knows, maybe they'll be selling oil to India someday!' Total U.S. trade with Pakistan was an estimated $7.3 billion in 2024, according to the Office of the United States Representative, which said on its website that U.S. exports to Pakistan in 2024 were $2.1 billion, up 4.4% ($90.9 million) from 2023. U.S. imports from Pakistan totaled $5.1 billion in 2024, up 4.9% ($238.7 million) from 2023, it said. There was no immediate comment from the Baloch nationalists and separatist groups. Balochistan has long been the center of violence mostly blamed on groups including the outlawed Balochistan Liberation Army, or BLA, which the U.S. designated a terrorist organization in 2019. Separatists in Balochistan have opposed the extraction of resources by Pakistani and foreign firms and have targeted Pakistani security forces and Chinese nationals working on multibillion-dollar projects related to the China-Pakistan Economic Corridor. Oil reserves are also thought to exist in the southern Sindh, eastern Punjab and northwestern Khyber Pakhtunkhwa provinces. Pakistan's Prime Minister Shehbaz Sharif welcomed the 'long-awaited' deal and thanked Trump for playing a key role in finalizing it. Pakistan had been pursuing a trade agreement since May, when Trump mediated a ceasefire between Pakistan and India following an escalation triggered by Indian airstrikes on Pakistani territory in response to the killing of 26 tourists in Indian-controlled Kashmir. Pakistan's Finance Ministry said in a statement early Thursday the agreement aims to boost bilateral trade, expand market access, attract investment and foster cooperation in areas of mutual interest. The breakthrough came during a meeting in Washington between Pakistani Finance Minister Muhammad Aurangzeb and senior U.S. officials, including Commerce Secretary Howard Lutnick and Trade Representative Ambassador Jamieson Greer. The deal includes a reduction in reciprocal tariffs, particularly on Pakistani exports to the U.S., the statement from the ministry said. 'The agreement enhances Pakistan's access to the U.S. market and vice versa,' it said. The agreement is also expected to spur increased U.S. investment in Pakistan's infrastructure and development projects, it added. The ministry said the deal reflects both nations' commitment to deepening bilateral ties and strengthening trade and investment cooperation.

Pakistan and US reach a trade agreement to develop oil reserves and reduce tariffs

time6 hours ago

Pakistan and US reach a trade agreement to develop oil reserves and reduce tariffs

ISLAMABAD -- The United States and Pakistan reached a trade agreement expected to allow Washington to help develop Pakistan's largely untapped oil reserves and lower tariffs for the South Asian country, officials from both nations said Thursday. Officials did not specify where the exploration would take place, but most of Pakistan's reserves are believed to be in the insurgency-hit southwestern province of Balochistan, where separatists say the province's natural resources are being exploited by the central government in Islamabad. 'We have just concluded a deal with the country of Pakistan, whereby Pakistan and the United States will work together on developing their massive oil reserves,' U.S. President Donald Trump wrote on his Truth Social platform. 'We are in the process of choosing the oil company that will lead this partnership,' Trump added. 'Who knows, maybe they'll be selling oil to India someday!' Total U.S. trade with Pakistan was an estimated $7.3 billion in 2024, according to the Office of the United States Representative, which said on its website that U.S. exports to Pakistan in 2024 were $2.1 billion, up 4.4% ($90.9 million) from 2023. U.S. imports from Pakistan totaled $5.1 billion in 2024, up 4.9% ($238.7 million) from 2023, it said. There was no immediate comment from the Baloch nationalists and separatist groups. Balochistan has long been the center of violence mostly blamed on groups including the outlawed Balochistan Liberation Army, or BLA, which the U.S. designated a terrorist organization in 2019. Separatists in Balochistan have opposed the extraction of resources by Pakistani and foreign firms and have targeted Pakistani security forces and Chinese nationals working on multibillion-dollar projects related to the China-Pakistan Economic Corridor. Oil reserves are also thought to exist in the southern Sindh, eastern Punjab and northwestern Khyber Pakhtunkhwa provinces. Pakistan's Prime Minister Shehbaz Sharif welcomed the 'long-awaited' deal and thanked Trump for playing a key role in finalizing it. Pakistan had been pursuing a trade agreement since May, when Trump mediated a ceasefire between Pakistan and India following an escalation triggered by Indian airstrikes on Pakistani territory in response to the killing of 26 tourists in Indian-controlled Kashmir. Pakistan's Finance Ministry said in a statement early Thursday the agreement aims to boost bilateral trade, expand market access, attract investment and foster cooperation in areas of mutual interest. The breakthrough came during a meeting in Washington between Pakistani Finance Minister Muhammad Aurangzeb and senior U.S. officials, including Commerce Secretary Howard Lutnick and Trade Representative Ambassador Jamieson Greer. The deal includes a reduction in reciprocal tariffs, particularly on Pakistani exports to the U.S., the statement from the ministry said. 'The agreement enhances Pakistan's access to the U.S. market and vice versa,' it said. The agreement is also expected to spur increased U.S. investment in Pakistan's infrastructure and development projects, it added. The ministry said the deal reflects both nations' commitment to deepening bilateral ties and strengthening trade and investment cooperation.

Pakistan says it wins U.S. tariff deal; Trump cites oil reserves pact
Pakistan says it wins U.S. tariff deal; Trump cites oil reserves pact

NBC News

time9 hours ago

  • NBC News

Pakistan says it wins U.S. tariff deal; Trump cites oil reserves pact

The United States and Pakistan said they had clinched a deal that Islamabad described as leading to lower tariffs on its exports, while President Donald Trump trumpeted a pact to help develop the South Asian nation's oil reserves. Neither mentioned the tariff rate agreed. Pakistan, which Washington has designated a 'major non-NATO ally' in its effort to counter rival China 's influence in the region, faced a potential tariff of 29% declared in April that was later suspended for 90 days to allow trade talks. 'We have just concluded a Deal with the Country of Pakistan, whereby Pakistan and the United States will work together on developing their massive Oil Reserves,' Trump wrote on social media. 'We are in the process of choosing the Oil Company that will lead this Partnership.' He gave no further details. Pakistani Foreign Minister Ishaq Dar also confirmed the deal. 'Deal concluded,' he told Reuters, without elaborating. Although Trump did not mention a tariff deal, Pakistan's finance ministry said Thursday that it would lead to 'reduction of reciprocal tariffs, especially on Pakistani exports to the United States,' but stopped short of revealing the figure. 'This deal marks the beginning of a new era of economic collaboration especially in energy, mines and minerals, IT, cryptocurrency and other sectors,' it said. The deal was a win-win situation for both nations, Finance Minister Muhammad Aurangzeb, who led the final round of talks in Washington, said in video remarks. 'From our perspective, it was always going beyond the immediate trade imperative, and its whole purpose was, and is, that trade and investment have to go hand in hand,' he added in the statement from his office. Last week, Dar said both nations were 'very close' to a trade deal that could come within days, after he met Secretary of State Marco Rubio on Friday. They discussed expanding trade and ties in critical minerals and mining, the two sides said afterward. Other Pakistani officials have also visited for talks in recent weeks. Under Trump, Washington has sought to renegotiate trade deals with many countries that he threatened with tariffs for trade relations he calls unfair, a characterization many economists dispute. U.S. total goods trade with Pakistan was an estimated $7.3 billion in 2024, the office of the U.S. trade representative says on its website, up from about $6.9 billion in 2023. In 2024, its goods trade deficit with Pakistan was $3 billion, up 5.2% from 2023. Trump also said Washington was still negotiating with India on trade after he declared that a tariff of 25% on goods imported from Pakistan's arch foe would start from Friday. Pakistan recently said it 'appreciated the pivotal role' of Trump and Rubio 'in de-escalating tensions between Pakistan and India by facilitating a ceasefire.' Trump has repeatedly taken credit for the India-Pakistan ceasefire he announced on social media on May 10 after Washington's talks with both sides. India disputes Trump's claims that the ceasefire resulted from his intervention and trade threats. Its position is that New Delhi and Islamabad must resolve problems directly with no outside involvement. deadly April 22 militant attack in India-administered Kashmir for which India blamed Pakistan.

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