Democrats and Republicans on the House Judiciary Committee tabled legislation that would ban tech companies from owning a business that competes with other products or services on their platforms, among other measures. Source:www.aljazeera.com Original Image Link
So far, emerging markets have been agile in responding to the economic fallout from the pandemic. But the coming months will test the ability of policymakers in these countries to navigate a shifting landscape and cope with possible market volatility. The IMF’s Ceyla Pazarbasioglu and Rupa Duttagupta discuss how these countries can manage the policy tradeoffs and achieve a durable recovery.
Published: 9th Jun 2021 01:53:17 By: IMF
IMF Video: Pandemic Plan for Recovery | Combating the Crisis Together
IMF staff have developed a plan with the ambitious goal of vaccinating 60% of the world in a year. Managing Director Kristalina Georgieva makes the case that the $50 billion cost to do so, is dwarfed by $9 trillion in economic gains worldwide.
Vaccines are proving to be a powerful weapon against the COVID-19 pandemic. But unequal access to the vaccine is leading to a divergent recovery, where countries with a surplus are growing strongly while those without are falling behind. #VaccinEquity
Read the proposal here: http://ow.ly/652h50F4ISm
Blog: http://ow.ly/mX9A50F4J1B
Published: 7th Jun 2021 04:11:33 By: IMF
IMF Video: Fiscal Stimulus: Lessons from the US to the EU?
With the American Rescue Plan, the US government is putting in place a fiscal stimulus package worth 10% of GDP, to be followed by an equally large infrastructure package. In the EU, although the fiscal policy response has also been unprecedented, it is much smaller. Should the EU learn from the US? Does the COVID crisis require a large aggregate demand response? What can be achieved with such a policy approach? This session is organized as part of CEPS’ collaboration with the European Network for Economic and Fiscal Policy Research (EconPol) and Intereconomics – Review of European Economic Policy.
Speakers:
- Christian Breuer (moderator), Head of Wirtschaftsdienst and Intereconomics, Leibniz Information Centre for Economics
- Adam Posen, President, Peterson Institute for International Economics (PIIE)
- Antonia Díaz, Professor, Carlos III University of Madrid and EconPol
- Alfred Kammer, Director, European Department, International Monetary Fund (IMF)
- Claudia Sahm, Senior Fellow, Jain Family Institute
- Daniel Gros, Distinguished Fellow, CEPS
Published: 3rd Jun 2021 03:13:05 By: IMF
IMF Video: Shifting Gears: Monetary Policy Spillovers during the Recovery from COVID-19
In many countries, COVID-19 vaccines have been given to less than 1% of the population.
Watch the joint press conference by Kristalina Georgieva, Tedros Adhanom Ghebreyesus, Ngozi Okonjo-Iweala, and David Malpass on scaling up equitable access to COVID-19 vaccines. #PandemicPlan
🗓 June 1
🕚 11:00 AM ET (3:00 PM GMT)
Published: 1st Jun 2021 04:21:31 By: IMF
Davos Video: A Competition to Protect and Restore the Amazon | UpLink
The Amazon is the world's largest rainforest, boasting half of the planet's remaining tropical forest and 10% of the world's biodiversity. But, the Amazon is near the tipping point of savannization, which would create disastrous consequences both regionally and globally.
Learn more about UpLink here: https://wef.ch/trilliontrees
The World Economic Forum is the International Organization for Public-Private Cooperation. The Forum engages the foremost political, business, cultural and other leaders of society to shape global, regional and industry agendas. We believe that progress happens by bringing together people from all walks of life who have the drive and the influence to make positive change.
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Published: 14th Jun 2021 11:11:55 By: World Economic Forum
Davos Video: Collateral Health Damage | DAVOS AGENDA 2021
With 90% of countries reporting disruption to essential health services since the COVID-19 pandemic, progress on reducing maternal mortality, fighting communicable diseases, preventing deaths from non-communicable diseases and thwarting substance abuse has diminished.
What policies, practices and partnerships are needed to prevent a resurgence of previously managed health conditions?
Speakers: Raj Kumar, Charles Gore, Michelle Williams, Peter Sands, Michelle Mitchell, Arnaud Bernaert, Sherine Helmy, David Fredrickson
The World Economic Forum is the International Organization for Public-Private Cooperation. The Forum engages the foremost political, business, cultural and other leaders of society to shape global, regional and industry agendas. We believe that progress happens by bringing together people from all walks of life who have the drive and the influence to make positive change.
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Published: 11th Jun 2021 03:00:17 By: World Economic Forum
Davos Video: Building a Trustworthy and Connected Future | DAVOS AGENDA 2021
COVID-19 is accelerating the use of connected devices to enable remote working, telehealth, distance learning and automation, yet 61% of the population believe the pace of change is too fast.
What policies, practices and partnerships are needed to build trust as our reliance on connected devices grows? Speakers: Helena Leurent, Harpreet Singh Rai, Kirsty Graham, André Kudelski
The World Economic Forum is the International Organization for Public-Private Cooperation. The Forum engages the foremost political, business, cultural and other leaders of society to shape global, regional and industry agendas. We believe that progress happens by bringing together people from all walks of life who have the drive and the influence to make positive change.
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Published: 8th Jun 2021 01:00:18 By: World Economic Forum
These are 4 innovative tech inventions helping fight fires in California.
The World Economic Forum is the International Organization for Public-Private Cooperation. The Forum engages the foremost political, business, cultural and other leaders of society to shape global, regional and industry agendas. We believe that progress happens by bringing together people from all walks of life who have the drive and the influence to make positive change.
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Published: 7th Jun 2021 12:00:32 By: World Economic Forum
Davos Video: Reassessing Corporate Risks and Reinforcing Resilience in a Post-COVID World | DAVOS AGENDA 2021
The increasing frequency and severity of a range of catastrophic risks beyond pandemics has made greater resilience a critical leadership challenge.
What best corporate practices and cross-sector partnerships help deliver a more sustainable and proactive response to future catastrophic shocks?
Speakers: Lutfey Siddiqi, Anne Richards, Kirill Dmitriev, David Craig, Andre Belelieu
The World Economic Forum is the International Organization for Public-Private Cooperation. The Forum engages the foremost political, business, cultural and other leaders of society to shape global, regional and industry agendas. We believe that progress happens by bringing together people from all walks of life who have the drive and the influence to make positive change.
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Published: 4th Jun 2021 12:00:11 By: World Economic Forum
Economic Video: Probe finds Toshiba colluded with Japan ministry
Japan's trade ministry colluded with Toshiba's management to unduly influence a key shareholder vote last year, an independent probe found.
#Toshiba #Japan #News #Reuters
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Published: 10th Jun 2021 04:32:40 By: Reuters
Economic Video: Bitcoin Jumps on Another Musk Tweet
Jun.13 -- Bitcoin has bounced back again above the $39,000 level. The world’s largest cryptocurrency jumped as much as 9% after the latest tweet from Elon Musk. Bloomberg’s Su Keenan reports on “Bloomberg Daybreak: Asia.”
Published: 14th Jun 2021 12:44:07 By: Bloomberg Markets and Finance
Economic Video: Bond markets are shrugging off higher inflation readings
#bondmarket #inflation #stocks
Yahoo Finance’s Myles Udland, Brian Sozzi, Julie Hyman, and Brian Cheung discuss the bond market and inflation.
Watch the 2021 Berkshire Hathaway Annual Shareholders Meeting on YouTube:
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Published: 11th Jun 2021 02:26:40 By: Yahoo Finance
A Delta Air Lines flight from California to Georgia was diverted to Oklahoma on Friday night after a passenger became unruly and had to be subdued. Delta confirmed that the passenger was an off-duty flight attendant. Read more here: https://cbsn.ws/3zmUlKg
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Published: 13th Jun 2021 08:42:53 By: CBS News
Economic Video: Space ride with Jeff Bezos auctioned for $28 million
A seat on a spaceship ride with billionaire Jeff Bezos went for $28 million during a live auction on Saturday, concluding the month-long bidding process for the sightseeing trip on the Blue Origin's maiden voyage next month.
#News #Reuters #BlueOrigin #JeffBezos
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Published: 13th Jun 2021 12:49:27 By: Reuters
Business Video: Inside Japan's growing 'lonely death' clean-up service
In Japan, loneliness has become a serious problem, and there are increased 'lonely deaths' -- where people die alone and remain undiscovered for a long time. CNN's Blake Essig reports.
Getting help around the world: For support outside of the US, a worldwide directory of resources and international hotlines is provided by the International Association for Suicide Prevention (https://www.iasp.info/resources/Crisis_Centres).
You can also turn to Befrienders Worldwide (https://www.befrienders.org/need-to-talk).
#CNN #News #CNNi
Published: 14th Jun 2021 07:58:46 By: CNN
Business Video: Stelter: Fox News wants to make Fauci Public Enemy No. 1
CNN's Brian Stelter breaks down how the right-wing media and GOP politicians have focused attacks on Dr. Anthony Fauci in an attempt to vilify him.
#BrianStelter #ReliableSources #CNNBusiness
Published: 13th Jun 2021 04:32:12 By: CNN
Business Video: Fareed: Cryptocurrency's anonymity is helping criminal ransomware attacks
CNN's Fareed Zakaria says the anonymity of cryptocurrencies is helping criminals execute ransomware attacks and wonders why countries should continue to allow crypotcurrencies to operate in secret.
#FareedZakaria #Cryptocurrencies #CNNBusiness
Published: 13th Jun 2021 08:24:52 By: CNN
Business Video: FireEye CEO: Digital currency enables cybercrime
Since July 17, 2020, I have been bound by a gag order or a sealing order that prohibited me from discussing, or even acknowledging, that the government was seeking to compel the disclosure of the professional email communications of CNN reporter Barbara Starr.
That day, through our parent company WarnerMedia, I received a secret order issued by a federal magistrate judge in the Eastern District of Virginia. That court, based on an ex parte submission approved by the William Barr-led Justice Department, had ruled that CNN must produce all of Ms. Starr's email headers from a two-month period in 2017.
We immediately retained outside counsel to challenge the order. I was informed that, other than conferring with counsel, the order prohibited me from acknowledging to anyone that it even existed unless I had express permission from the Department of Justice.
I was told in no uncertain terms (multiple times) that I was forbidden from communicating about any aspect of the order or these proceedings to the journalist whose interests I am duty-bound to protect, Barbara Starr. And I was further informed that if I violated the order, I was subject to charges of contempt and even criminal prosecution for obstruction of justice.
I was aware that such secret orders were used by DOJ on matters of national security. However, in the 20 years I have been at CNN, we have never been subject to one. That is likely because the law and existing DOJ regulations establish (at least on paper) a very high bar for such an order to be issued directly against a media organization. Advance notice is typically required. The government is required to show "negotiations with the affected member of the news media [and] appropriate notice to the affected member of the news media, unless the Attorney General determines that, for compelling reasons, such negotiations or notice would pose a clear and substantial threat to the integrity of the investigation, risk grave harm to national security, or present an imminent risk of death or serious bodily harm," according to Justice Department regulations.
Read David Vigilante's full account here https://cnn.it/3zdQsas
#DavidVigilante #CNNBusiness #News
Published: 9th Jun 2021 07:45:05 By: CNN
Markets Finance Video: U.S. Banks Primed to Double Capital Reserves, Mike Mayo Says
Jun.10 -- Mike Mayo, Wells Fargo's head of U.S. large-cap bank research, says the Federal Reserve has the green light to allow banks to return twice as much capital. He speaks with Bloomberg's Matt Miller on "Bloomberg Markets."
Published: 10th Jun 2021 05:58:06 By: Bloomberg Markets and Finance
Markets Finance Video: What Causes a Bitcoin Collapse?
Bitcoin is renowned for meteoric price rises. It's equally notorious for regular price collapses. What’s the common factor in Bitcoin’s historic price drops? Presented by @CME Group: https://www.cmegroup.com/openmarkets/economics/2021/the-market-for-digital-currencies.html?utm_source=youtube&utm_medium=paid_social&utm_campaign=quicktake_evergreen&utm_content=more_insights
Published: 9th Jun 2021 04:52:09 By: Bloomberg Markets and Finance
Markets Finance Video: How Weak Is the U.S. Dollar?
The U.S. dollar lost a staggering 11% of its value against the dollar index since March 2020. Analysts have largely blamed global central bank intervention in response to the pandemic. But will the negative momentum of the dollar continue beyond the immediate pandemic repercussions? Presented by @CME Group: https://www.cmegroup.com/openmarkets/quicktake-by-bloomberg.html?utm_source=youtube&utm_medium=paid_social&utm_campaign=quicktake_evergreen&utm_content=more_insights
Published: 10th Jun 2021 04:54:42 By: Bloomberg Markets and Finance
Markets Finance Video: Yields Whipsaw as CPI Tops Estimates
Jun.10 -- Bank of America Securities Head of Savita Subramanian U.S. Equity and Quantitative Strategy Savita Subramanian speaks to Bloomberg's Alix Steel and Guy Johnson about U.S. 10-year yields on "Bloomberg Markets".
Published: 10th Jun 2021 08:22:07 By: Bloomberg Markets and Finance
Markets Finance Video: Morning Stock Movers: Boeing, GameStop, RH, Tesla
