The International Monetary Fund (IMF) logo is seen outside the headquarters building in Washington, U.S., September 4, 2018. REUTERS/Yuri Gripas The Turkish economy will grow 5.8% this year and return to a lower trend from 2022 onwards, the International Monetary Fund said on Friday, calling for steps to address high inflation and low reserves. Source:www.reuters.com Original Image Link
Learn how an international carbon price floor among large emitters can help achieve the goal of accelerating the transition to low carbon growth over the course of this decade.
Read the proposal by IMF staff: http://ow.ly/tVDb50FdEMT
Blog: http://ow.ly/pcPo50FdEQG
The impact of forest fires, storms and floods is increasing as temperatures rise, impacting countries that do not contribute significantly to global emissions.
Tune in to the discussion with Kristalina Georgieva, Barbados Prime Minister Mia Amor Mottley, Minister of Economy and Finance of Madagascar Richard Randriamandrato, and Bloomberg Television's Haslinda Amin.
🗓 June 16
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📺 IMF.org/live
Achieving inclusive growth—that is, strong and sustainable economic growth whose benefits are widely shared—is the key policy challenge of our day and thus a fundamental pillar of the IMF’s policy focus in the years ahead. Inequality has been rising in many countries, and large income disparities persist across regions, genders, ethnicities, and generations. The COVID-19 pandemic and economic and financial crises have further exposed these vulnerabilities, while longer-term trends, such as climate change and job-displacing technologies, if left unaddressed, pose serious challenges to inclusive growth. http://ow.ly/UU6f50F6AYe
Kristalina Georgieva, Cristina Duarte, Barry Eichengreen, and Martin Sandbu discuss how to ensure an inclusive recovery.
#InclusiveGrowth
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 $9 trillion in economic gains worldwide.
Vaccines are proving to be a powerful weapon against the COVID-19 pandemic. But unequal access to the vaccine is leading to a divergent recovery, where countries with a surplus are growing strongly while those without are falling behind. #VaccinEquity
Read the proposal here: http://ow.ly/652h50F4ISm
Blog: http://ow.ly/mX9A50F4J1B
Published: 7th Jun 2021 04:11:33 By: IMF
Davos Video: Hydrogen for Climate | Climate Breakthroughs 2021
Green hydrogen is expected to play a key role in the decarbonization of energy, industry, and transport by 2050. For this transition to succeed, actors from across the value chain will need to mobilize to make green hydrogen cost-competitive and reach the 2$/kg threshold that will unlock finance and investment at scale.This session will explore how the key challenges in moving towards a clean hydrogen economy can be overcome through a joint and coordinated mobilization of industry, finance, and policymakers in pursuit of the critical breakthrough of 25GW green hydrogen capacity deployed by 2026.
Speakers: Faustine Delasalle, Anthony Robert Hobley, Mads Nipper, Catherine MacGregor, Magnus Ankarstrand, Bernd Heid, Juan Carlos Jobet
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: 17th Jun 2021 12:00:27 By: World Economic Forum
Davos Video: Shaping a New Ocean Economy | DAVOS AGENDA 2021
The COVID-19 pandemic has exposed the fragility of ocean economies, most acutely felt in Small Island Developing States (SIDS). Yet these states encompass valuable ocean assets about 2,000 times the size of their land masses.
From ocean finance to coastal resilience measures, what policies, practices and partnerships are needed to build back a more just and resilient ocean economy?
Speakers: Haley Sweetland Edwards, Gloria Fluxa Thienemann, Karen Fang, Allen Chastanet, Peter Thomson, Katherine Garrett-Cox, Douglas McCauley, M. Sanjayan, Tomas Anker Christensen
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: 16th Jun 2021 12:00:19 By: World Economic Forum
Davos Video: Taking Stock of the Race to Zero | Climate Breakthroughs 2021
Net-zero commitments roughly doubled in 2020. Corporate commitments alone in the Race to Zero campaign now cover over 15% of the global economy and $9.81 trillion in revenue. At a national level, new countries have also stepped up, with Japan, South Korea and China – and the US – joining the EU, UK, South Africa, Chile and others mobilizing around the shared guiding star of net-zero emissions.
Science indicates this is not enough and that systems transformation is required to deliver a zero-carbon world in time.
Speakers: Antonia Gawel, Jesper Brodin, Feike Sybesma, Fatih Birol, Sheela Patel
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: 15th Jun 2021 12:00:17 By: World Economic Forum
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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#WorldEconomicForum #UpLink #RestoringTheAmazon
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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#WorldEconomicForum #DavosAgenda2021 #HealthyFutures
Published: 11th Jun 2021 03:00:17 By: World Economic Forum
Economic Video: Wells Fargo's Mike Mayo on how the Fed's decision impacts bank stocks
The Federal Reserve on Wednesday considerably raised its expectations for inflation this year and brought forward the time frame on when it will next raise interest rates. Mike Mayo, senior analyst at Wells Fargo, joined "Squawk Box" on Thursday to discuss what this decision could mean for the financial sector. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi
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Published: 17th Jun 2021 01:24:59 By: CNBC Television
Economic Video: Cecilia Rouse on what successfully combatting the racial wealth gap would look like
“Wealth happens over time. I would first look to see whether we have rates of unemployment that look more equal, so that we see Blacks participating in our economy at rates similar to Whites… I would start to look at wages, whether we see… the racial gap in wages narrowing. And then in terms of wealth, I would like to see that Blacks are able to buy homes in the same kinds of areas as Whites. And… that they can afford the homes.”
Published: 18th Jun 2021 07:56:09 By: Washington Post Live
Economic Video: CDC director talks Delta variant, rare heart inflammation in young vaccinated people l GMA
Dr. Rochelle Walensky discusses the CDC investigating more than 300 cases of myocarditis after receiving the COVID-19 vaccine and how concerned people should be about the contagious Delta variant.
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Published: 18th Jun 2021 02:35:34 By: Good Morning America
Economic Video: Amazon Prime Day Spending To Top $11B, Adobe Estimates
Yahoo Finance's Dan Howley joins the Yahoo Finance Live panel to discuss what to expect from Amazon Prime Day 2021.
#Amazon #PrimeDay #Spending #YahooFinance
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Published: 18th Jun 2021 05:47:34 By: Yahoo Finance
Economic Video: Ares co-founder Tony Ressler on Fed's recent comments, inflation fears
The highly anticipated decision from the Federal Reserve Wednesday caused a sell-off in equities that carried through to a second day. The central bank announced it is keeping interest rates unchanged, raised its 2021 inflation expectation to 3.4% and moved planned interest rate hikes forward. Tony Ressler, co-founder and executive chairman of Ares Management, joined "Squawk Box" on Friday to discuss.
Published: 18th Jun 2021 02:22:01 By: CNBC Television
Business Video: Tucker Carlson promotes conspiracy that FBI planned Capitol riot
Fox News host Tucker Carlson is promoting a new baseless conspiracy theory that the FBI planned the attack on the Capitol on Jan. 6. CNN's Brian Stelter has more.
#BrianStelter #DonLemonTonight #CNN
Published: 17th Jun 2021 12:49:54 By: CNN
Business Video: Watch the moment Mark Zuckerberg got into Harvard
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
Markets Finance Video: Fed Recognizes It Has to Deal With Overheating: Summers
Jun.18 -- Former U.S. Treasury Secretary Lawrence H. Summers, a Wall Street Week contributor, said the Federal Reserve this week acknowledged the threat of an inflation outbreak is greater than it previously thought. He joins David Westin on "Bloomberg Wall Street Week."
Published: 18th Jun 2021 05:59:00 By: Bloomberg Markets and Finance
Markets Finance Video: 'Bloomberg Surveillance: Early Edition' Full Show (06/18/2021)
Jun.18 -- Bloomberg Surveillance: Early Edition, live from London, Berlin and New York. Francine Lacqua, Matt Miller, and Kailey Leinz deliver the latest news and analysis on the markets with leaders in global finance and economics. Francesco Sandrini, Amundi Senior Multi-Asset Strategist, says it's still important to be in risk assets. Mark Haefele, Chief Investment Officer at UBS Global Wealth Management, says fiscal and monetary stimulus can balance each other out. Daniel Wiegand, Lilium Co-Founder and CEO, discusses the future of flying taxis.
Published: 18th Jun 2021 08:29:34 By: Bloomberg Markets and Finance
Markets Finance Video: Value Sees Worst Week Vs. Growth in 14 Months
Jun.18 -- BTIG Chief Equity and Derivative Strategist Julian Emanuel discusses the inherent volatility of value stocks with Bloomberg's Alix Steel and Guy Johnson on "Bloomberg Markets."
Published: 18th Jun 2021 05:06:59 By: Bloomberg Markets and Finance
Markets Finance Video: Oil Market Could See 'Incredibly Tight' Summer: Analyst Sen
Jun.18 -- Amrita Sen, chief oil analyst at Energy Aspects, says uncertainty over the return of Iranian production and Saudi Arabia's willingness to increase its supply could lead to an "incredibly tight" oil market. She speaks on "Bloomberg Markets: European Close."
Published: 18th Jun 2021 04:36:07 By: Bloomberg Markets and Finance
Markets Finance Video: Morning Stock Movers: United, Delta, U.S. Steel, Nvidia
Fri, 18 Jun 2021 04:51:00 GMTSouth Africa's economy is on track to grow 4.1% in 2021, above recent median forecasts for Sub-Saharan Africa as a whole but not enough to make up for last year's huge coronavirus-related contraction, ...
Fri, 18 Jun 2021 02:31:00 GMTThe Tanzanian government has officially applied for a $571 million (about Sh1.3 trillion) loan from the International Monetary Fund (IMF) to help in tackling economic challenges of the Covid-19 ...
Thu, 17 Jun 2021 09:00:00 GMTThe International Monetary Fund forecast that Zimbabwe's economy would grow 6 percent this year, almost double its initial projection, but said debt restructuring and other reforms were needed to ...
Wed, 16 Jun 2021 05:06:00 GMTAn expected win for a hardliner in Iran's presidential election on Friday is unlikely to slow its bid to revive a nuclear deal and break free of sanctions, with ruling clerics aware their political ...
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