Liz Truss’s plan for growth, melding the biggest tax giveaway in half a century with Thatcherite deregulation, is a straight-up gamble with Britain’s future, and even before her chancellor of the exchequer had finished delivering it on Friday the bet was starting to sour. Source:www.fa-mag.com Original Image Link
The IMF’s Resilience and Sustainability Trust is open for business and provides funding for countries to invest in the seismic changes taking place in the world, like climate change and pandemics. It also can help countries raise more private financing to help them adapt to a changing world.
Join Kristalina Georgieva, IMF Managing Director, Paul Kagame, President of Rwanda, Mia Mottley, Prime Minister of Barbados, and Makhtar Diop, Managing Director of the International Finance Corporation for a conversation about countries’ early experiences and their plans for their funding from the Trust, moderated by Rajiv Shah, President of the Rockefeller Foundation.
With too many women facing barriers to economic opportunities, the world is missing out on higher economic growth and resilience for all. The pandemic has worsened gender inequality, keeping girls and women out of school and work. Yet economic and financial policies can help empower women and girls, improving economies today and building resilience against future shocks.
IMF Managing Director Kristalina Georgieva joins Bill & Melinda Gates Foundation’s Melinda French Gates, Nigeria's Minister of Finance the Hon. Zainab Ahmed, and UN-Women's Sima Sami Bahous for a discussion on how the IMF, International Financial Institutions, governments, academia, and others can work together to help reduce gender gaps. Lord Mark Malloch-Brown will moderate the discussion.
Send your questions for our panelists ahead of the event to IMFLive@imf.org for our Q&A session.
http://www.imf.org/gender
Our latest Back to Basics video explains what is public debt and the risks and benefits involved when governments borrow.
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Published: 5th Dec 2022 02:00:04 By: IMF
IMF Video: Eighth Richard Goode Lecture: Innovation, Experimentation, and Economics
Link: https://www.imf.org/en/News/Seminars/Conferences/2022/11/10/eighth-richard-goode-lecture-innovation-and-economics
The International Monetary Fund (IMF) will hold its eighth annual Richard Goode Lecture on November 30, 2022. The Richard Goode Lecture is an annual event to discuss policy issues and debates. It is hosted by the Fiscal Affairs Department and calls on top academics to present in front of a broad audience of policy makers, academics, and representatives from international organizations.
The theme of this year’s seminar is “Innovation, Experimentation, and Economics” presented by Professor Michael Kremer. This lecture will examine the design of institutions to accelerate innovation and shape it to meet human needs. It will also discuss the use of field experiments as an effective tool to test and develop new policies and products that address key development challenges.
Professor Kremer is a Professor of Economics at University of Chicago and Director of the Development Innovation Lab. He is a joint winner of the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel (Economics Nobel Prize) 2019, for the “experimental approach to alleviating global poverty”. He is also a recipient of a MacArthur Fellowship, a Member of the National Academy of Sciences, a Fellow of the American Academy of Arts and Sciences, a recipient of a Presidential Faculty Fellowship, and was a World Economic Forum Young Global Leader. He is a co-founder of BREAD, the association of development economists. He received his PhD in Economics from Harvard University where he was the Gates Professor of Developing Societies from 2003 to 2020.
Published: 30th Nov 2022 04:08:33 By: IMF
IMF Video: 10th IMF Statistical Forum: One on One Between Bo Li and Philippe Aghion
The 10th IMF Statistical Forum will explore how we can better measure intangible capital to better support investment policy, taxation policy and macroeconomic analysis.
Published: 17th Nov 2022 09:28:01 By: IMF
World Economic Forum Video: This underground farm used to be an air raid shelter
This underground farm used to be an air raid shelter. It’s 33 metres below the street in Clapham, south London. In WWII, the tunnels were used as a shelter from bombs. Now they grow peashoots, rocket and watercress for local restaurants and major retailers such as Marks & Spencer.
Published: 8th Dec 2022 01:00:02 By: World Economic Forum
World Economic Forum Video: We are entering the era of the megalopolis
We are entering the era of the megalopolis. Cities around the world are merging as they grow and spread forming supercities connected by urban sprawl. The largest megalopolis is in China - it’s known as the Greater Bay Area.
Published: 7th Dec 2022 01:00:24 By: World Economic Forum
World Economic Forum Video: This ingenious device saves sharks from deadly fishing lines
It creates a tiny electrical charge in the water surrounding the hook. Which sharks detect with their sensitive electroreceptors, making them swim away. An estimated 100 million sharks are accidentally caught by fisheries every year.
Published: 6th Dec 2022 01:00:03 By: World Economic Forum
World Economic Forum Video: 3 ways to bounce back after failure
Failure can be depressing but it happens to us all. Which is why resilience is so important. Resilience is the ability to regain our well-being in the face of adversity and it’s a skill you can learn. Here are 3 ways to strengthen yours.
Published: 5th Dec 2022 03:30:02 By: World Economic Forum
World Economic Forum Video: AI-powered Lip Reading Glasses & New Interactive Map of the Universe | WEF | Top Stories of the Week
0:15 AI-powered lip reading glasses - They transcribe speech in real time and display it to the wearer as subtitles right in front of their eyes. The technology is called XRAI Glass. It uses off-the-shelf augmented reality glasses plugged into an AI-driven smartphone app.
2:11 France to pay for tech repairs - The government will contribute €45 towards fixing your broken laptop, €25 towards a mobile phone repair and €15 towards fixing your vacuum cleaner. 30 household items will be eligible for the grant at first. More items will be eligible next year. The scheme aims to cut down on electronic waste and promote the circular economy
3:29 New interactive map of the universe - The map represents a complete slice of the observable universe. It stretches from the Milky Way to the edge of what can be seen. The map is based on data from a project called the Sloan Digital Sky Survey.
How to spend cash to save money - ‘Cash stuffing’ has gone viral on TikTok. It means budgeting with notes and coins. Not just digitally. You separate your monthly expenses into categories, such as groceries, fuel and bills, then put physical money into separate envelopes. Once the cash has gone, you have to stop spending.
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Published: 2nd Dec 2022 03:35:57 By: World Economic Forum
Economic Video: Theranos' Ramesh 'Sunny' Balwani Sentenced To Nearly 13 Years
Former Theranos COO Ramesh "Sunny" Balwani has been sentenced to nearly 13 years in federal prison, just weeks after founder Elizabeth Holmes was herself sentenced to 11 years. Balwani was convicted on 12 counts of fraud and conspiracy connected to the company’s bogus medical technology that duped investors and patients.
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Published: 8th Dec 2022 01:45:01 By: TODAY
Economic Video: GameStop misses on earnings, considers acquisitions
#GameStop #meme #yahoofinance
Yahoo Finance Live anchors Brad Smith, Brian Sozzi and Julie Hyman discuss reports that GameStop is considering acquisitions following third-quarter earnings.
Don't Miss: Valley of Hype: The culture that built Elizabeth Holmes
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Published: 8th Dec 2022 03:24:51 By: Yahoo Finance
Roger Ferguson, former Fed vice chair and CNBC contributor, digs in on the markets. With CNBC's Melissa Lee and the Fast Money traders, Tim Seymour, Karen Finerman, Steve Grasso and Guy Adami.
Published: 7th Dec 2022 11:33:40 By: CNBC Television
Economic Video: Carvana shares plummet after the open as bankruptcy concerns grow
'Mad Money' host Jim Cramer and the 'Squawk on the Street' team discuss shares of ServiceNow, Carvana and more following the opening bell on Wednesday. Sign up and learn more about the CNBC Investing Club with Jim Cramer https://cnb.cx/3Ei22n4
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Published: 7th Dec 2022 04:43:58 By: CNBC Television
Economic Video: Elon Musk's challenge will be to find the right advertisers for Twitter, says Taboola CEO
Adam Singolda, Taboola founder and CEO, joins CNBC's 'Squawk Box' to discuss the potential for Twitter to increase its advertising revenue under Elon Musk's ownership. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi
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Published: 7th Dec 2022 01:35:44 By: CNBC Television
Business Video: See Robin Meade's final sign-off during HLN's final live broadcast
After a 40-year run, HLN's live news programming has come to an end. HLN's anchor Robin Meade gives her final sign off in the last live broadcast of her show, Morning Express.
Published: 6th Dec 2022 10:00:07 By: CNN
Business Video: Elon Musk vs. Tim Cook, Sam Bankman-Fried’s media apology tour and Amazon is filled with ads
Crypto detective “Coffeezilla” tells Nightcap’s Jon Sarlin that somebody at FTX “criminally screwed up.” Plus, The Washington Post’s Geoffrey Fowler on how Amazon risks turning customers off by showing so many ads in search results. And CNN’s Clare Duffy has the latest on the spat between Elon Musk and Tim Cook. To get the day’s business headlines sent directly to your inbox, sign up for the Nightcap newsletter: https://cnn.it/3Ilqyqa
00:00 Welcome to "Nightcap"
00:27 Sam Bankman-Fried's media apology tour
06:30 Why shopping on Amazon has gotten worse
11:42 Elon Musk vs. Tim Cook
Published: 1st Dec 2022 09:27:45 By: CNN
Business Video: CNN fact-checks Musk's claims Apple wants to remove Twitter app
CNN correspondent Donie O'Sullivan breaks down claims from Twitter CEO Elon Musk that Apple wants to remove the Twitter app from its App Store. #CNN #News
Published: 29th Nov 2022 06:30:07 By: CNN
Business Video: Bank of America CEO predicts 'mild recession' next year
CNN analyst Robert Baer discusses the possibility of Russian disinformation becoming more prevalent on Twitter amid Elon Musk’s sweeping changes to the platform. #CNN #News
Published: 25th Nov 2022 07:58:50 By: CNN
Markets Finance Video: Roubini Sees 25% Drop for S&P 500 in Severe Recession
Nouriel Roubini, chairman and CEO at Roubini Macro Associates, discusses how a recession can impact US equity and credit markets with Francine Lacqua on "Bloomberg Surveillance Early Edition."
Published: 7th Dec 2022 04:58:10 By: Bloomberg Markets and Finance
Markets Finance Video: This Is Not the Time to Be Out of Equities: Subramanian
Savita Subramanian, Bank of America Securities head of US equity and quantitative strategy, says now is not the time to get out of equities. She sees the S&P 500 finishing the year at 4,000. She's on "Bloomberg the Open."
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Published: 7th Dec 2022 03:46:26 By: Bloomberg Markets and Finance
Markets Finance Video: $65 Trillion of Derivatives Debt Sparks Concern
There's a hidden risk to the global financial system embedded in the $65 trillion of dollar debt being held by non-US institutions via currency derivatives, according to the Bank for International Settlements. Alex Harris has more on "Bloomberg Triple Take."
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Published: 5th Dec 2022 10:28:08 By: Bloomberg Markets and Finance
Markets Finance Video: Markets can't decide on where the economy is heading
Join @tomkeene, @FerroTV & @lisaabramowicz1 for the conversations that power your day on Bloomberg TV, Bloomberg Radio & the Surveillance podcast: https://trib.al/Ym3TxyA
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Published: 7th Dec 2022 12:21:45 By: Bloomberg Markets and Finance
Markets Finance Video: Market Has Become Like a Liquidity Junkie: Jim Bianco
Jim Bianco, founder and president at Bianco Research, says the new bull call for 2023 is that "everything's gonna fall apart," so the Federal Reserve will pivot and markets will rally. He speaks with Jonathan Ferro on "Bloomberg The Open."
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Published: 6th Dec 2022 03:17:10 By: Bloomberg Markets and Finance
Fri, 18 Nov 2022 08:00:00 GMT Nine months after Russia invaded Ukraine, its economy has entered a recession ... known as the Duma, according to news agency Interfax. Nabiullina told officials to "be ready for any development." ...
Thu, 17 Nov 2022 21:39:00 GMT a slowing global economy and a bout of severe financial market volatility during Truss’s brief term as prime minister. Hunt said the OBR forecasts laid out “starkly the impact of global ...
Thu, 17 Nov 2022 11:39:00 GMT U.K. Chancellor Jeremy Hunt hoped on Thursday to announce a new budget that would reassure global investors that Britain’s fiscal house is in order. He sent them a message, all right: Go home.
Thu, 17 Nov 2022 09:51:00 GMT The last time the U.K. was in recession was during the 2008 financial crisis, which shattered the global economy ... in the hope that the news would not spook investors. In taxation, the threshold ...
Thu, 17 Nov 2022 07:43:00 GMT Advertisement The plan will also add some extra cash to pensions and welfare benefits, keeping them on par with inflation that has racked the British economy ... tenure of Liz Truss -- who stepped ...
