The United Kingom-based Economist announced that it will be hosting the world's first ever global summit on the detrimental economic effects of LGBT discrimination in March of 2016. The 24-hour rolling event, Pride and Prejudice, will be held concurrently across three continents, in New York City, London, and Hong Kong. It's professed aim is to "challenge policymakers and industry leaders to rethink the future of the global LGBT movement and its impact on business."
Daniel Franklin, executive editor of The Economist told Gay Star News:
"The Economist has long supported equal rights for LGBT individuals. Nearly 20 years ago in our cover story, 'Let them wed', we argued in favor of same-sex marriage. Progress since then has been huge but uneven--hence the need for a global conversation on the costs of LGBT discrimination."
Elena Sukacheva, a Senior Vice President, added:
"The Economist will drive to uncover the true cost of discrimination to businesses and communities through research and discussion with a wider array of stakeholders than ever before, including business, politics, academia and civic society. Three consecutive events within a 24-hour period will be a first for the group."
According to the event's website:
"LGBT communities in much of the world are fighting for basic rights, but in liberal societies the challenge is to consolidate the gains already won--a necessarily more subtle and complex task."