Nine months into Russian President Vladimir Putin’s war in Ukraine, the damage done to the world’s 11th-largest economy is extensive. Leading Russian banks have been cut out of the global financial system, some $300 billion of central bank reserves are frozen, and hundreds of foreign companies have departed. Parts shortages have hobbled the auto industry… Source:www.washingtonpost.com
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
IMF Video: Moyen-Orient et Afrique du Nord : Perspectives économiques régionales, octobre 2022
Les pays du Moyen-Orient et d’Afrique du Nord ressentent les effets de plusieurs chocs sur leurs économies. Jihad Azour, directeur du département Moyen-Orient et Asie centrale du FMI, explique comment les pays de la région peuvent s’adapter en ces temps incertains.
Lire le rapport ici : bit.ly/3flP4gM
Published: 16th Nov 2022 05:39:24 By: IMF
IMF Video: 10th IMF Statistical Forum: Measuring the Tangible Benefits of Intangible Capital
In our increasingly dematerialized world intangible assets are transforming economies and driving growth. As a result, an increasing share of output, jobs, income and wealth is associated with firms where traditional tangible assets have been crowded out by intangible assets, such as marketing assets, data, and organizational capital. Yet macroeconomic accounting has lagged behind in valuing these forms of capital. What’s more, the mobility of intangible assets and firms’ strategies to minimize their worldwide taxes while maximizing overall profits implies growing tension between the nature and location of economic activity and its measurement system.
The 10th IMF Statistical Forum will explore how we can better measure intangible capital to better support investment policy, taxation policy and macroeconomic analysis.
http://www.imf.org/StatsForum
Published: 16th Nov 2022 04:12:24 By: IMF
IMF Video: Middle East and Central Asia: Regional Economic Outlook | October 2022
As a whole, the Middle East and North Africa region’s economies grew by 5.8% in 2021. But inflation also surged to 14.8% and will remain high in 2022. See how this will affect commodity importers by reading our latest Regional Economic Outlook: http://www.IMF.org/MCD-REO
Published: 15th Nov 2022 08:31:02 By: IMF
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
World Economic Forum Video: Biodiversity as an Asset Class Ep 5: Pricing Biodiversity
With recent failures of the market economy brought into focus by the COVID-19 pandemic, how can such a system possibly cope with the unfolding crisis in biodiversity and nature? Nobel Prize laureate, Professor Joseph E. Stiglitz, from the School of International and Public Affairs (SIPA) at Columbia University, argues that nothing less than complete economic transformation can protect natural ecosystems and life on Earth as we know it.
Biodiversity as an Asset Class is a five episode series that profiles leading global thinkers on how we must reconstruct our economic system in order to protect nature and the future of life on Earth. Each episode explores topics that include removing barriers to action, the valuation of natural capital, a nature-positive business approach, and the role of philanthropic capital.
Learn more about the work of the World Economic Forum’s financial and monetary platform here: https://www.weforum.org/topics/global-financial-system
#biodiversity #ecosystem #nature #naturepositive #naturalcapital #greenfinance #finance #greeneconomy #netzero #decarbonization #cleanenergy #renewable #carbon #carbonprice #2030 #2050 #innovation #sustainability #greentech #resilience #risk #cleantech #COP27 #TogetherForImplementation #greentransition #climate #climatecrisis #nobelprize
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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: 2nd Dec 2022 02:00:00 By: World Economic Forum
World Economic Forum Video: France will pay for your phone and laptop 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.
Published: 2nd Dec 2022 01:00:33 By: World Economic Forum
World Economic Forum Video: Biodiversity as an Asset Class Ep 4: Nature Positive Business
It’s currently unclear for investors on how to adopt the most effective practices in a nature- positive approach. How can we better understand the opportunities for investment that will safeguard biodiversity and natural systems? Ronald Wuijster, the CEO of APG Asset Management makes the case for nascent technologies as investible solutions to protect nature and biodiversity, reaffirming that the urgency to act is now.
Biodiversity as an Asset Class is a five episode series that profiles leading global thinkers on how we must reconstruct our economic system in order to protect nature and the future of life on Earth. Each episode explores topics that include removing barriers to action, the valuation of natural capital, a nature-positive business approach, and the role of philanthropic capital.
Learn more about the work of the World Economic Forum’s financial and monetary platform here: https://www.weforum.org/topics/global-financial-system
#biodiversity #ecosystem #nature #naturepositive #naturalcapital #greenfinance #finance #greeneconomy #netzero #decarbonization #cleanenergy #renewable #carbon #carbonprice #2030 #2050 #innovation #sustainability #greentech #resilience #risk #cleantech #COP27 #TogetherForImplementation #greentransition #climate #climatecrisis
_____________________________________________
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.
World Economic Forum Website ► http://www.weforum.org/
Facebook ► https://www.facebook.com/worldeconomicforum/
YouTube ► https://www.youtube.com/wef
Instagram ► https://www.instagram.com/worldeconomicforum/
Twitter ► https://twitter.com/wef
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Flipboard ► https://flipboard.com/@WEF
# # #WorldEconomicForum
Published: 1st Dec 2022 02:00:31 By: World Economic Forum
World Economic Forum Video: Rainbows are on the rise across the world
Rainbows will appear on 18 more days each year by 2100, according to a study by the University of Hawai’i. They’re appearing because climate change is leading to increased rainfall in many regions. Northern latitudes and high-altitude regions will see the most rainbows as snowfall declines and rainfall increases.
Published: 1st Dec 2022 01:00:14 By: World Economic Forum
Economic Video: Biden On November Jobs Report: 'Our Economy Continues To Grow'
President Biden commented on the November jobs report that reported the U.S. economy added 263,000 jobs last month. The president assured this was a sign that "our economy continues to grow" after lawmakers passed a resolution to avert a rail strike before the holiday season.
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Republicans have won control of the House by a slim margin. With Democrats gaining control of the Senate, President Biden will now need to work with a divided congress. See all the Midterms results here: https://on.msnbc.com/3KlULq8
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Biden On November Jobs Report: 'Our Economy Continues To Grow'
Published: 2nd Dec 2022 05:00:34 By: MSNBC
Economic Video: Wall Street takes a breath after Powell rally
U.S. stocks finished mixed as a slump in Salesforce shares dragged the Dow lower.
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Published: 2nd Dec 2022 02:00:38 By: Reuters
Economic Video: Uncertainty around price cap on Russian oil will create more volatility in the market: Advisory firm
Jim Egan, Morgan Stanley U.S. housing strategist, joins 'Power Lunch' to discuss why the housing market is going to get worse, why housing starts and sales are poised to fall even lower and how insurance prices play into the housing market.
Published: 1st Dec 2022 08:44:38 By: CNBC Television
Economic Video: Blackstone limits withdrawals from real estate fund as inflows slow
CNBC's Jim Cramer and the 'Squawk on the Street' team discuss shares of Blackstone after the company limited withdrawals from its real estate investment trust. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi
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Published: 2nd Dec 2022 05:05:10 By: CNBC Television
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
Business Video: Musk says he will begin restoring previously banned Twitter accounts
Elon Musk said that he will begin restoring most previously banned accounts on Twitter, in his most wide-reaching move yet to undo the social media platform’s policy of permanently suspending users who repeatedly violated its rules. #CNN #News
Published: 25th Nov 2022 02:03:20 By: CNN
Markets Finance Video: El-Erian: Good and Bad News From the Jobs Report
Mohamed El-Erian, chief economic adviser at Allianz and Bloomberg Opinion columnist, reacts to the November jobs report on "Bloomberg the Open."
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Published: 2nd Dec 2022 03:20:05 By: Bloomberg Markets and Finance
Markets Finance Video: Jobs Jolt in November: US Adds 263,000 Jobs
US payrolls rose more than expected with a gain of 263,000 in November, while the unemployment rate held steady at 3.7%. Bloomberg’s Michael McKee has the numbers on “Bloomberg Surveillance.”
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Published: 2nd Dec 2022 02:15:15 By: Bloomberg Markets and Finance
Markets Finance Video: Markets in 3 Minutes: Jobs Report Preview
"I'd bet that within 12 months this economy is in a downturn," Dreyfus Mellon Chief Economist Vincent Reinhart says. Speaking with Tom Keene and Lisa Abramowicz on "Bloomberg Surveillance," Reinhart also discusses Federal Reserve monetary policy and the outlook for inflation.
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Published: 1st Dec 2022 03:20:08 By: Bloomberg Markets and Finance
Markets Finance Video: BlackRock Says It's Time to Develop a New Investment Playbook
Ben Powell, chief Asia Pacific investment strategist at BlackRock Investment Institute, discusses Federal Reserve policy and its implications for financial markets, and the firm's "2023 Global Outlook." He speaks with Shery Ahn and Haidi Stroud-Watts on "Bloomberg Daybreak: Asia."
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Published: 1st Dec 2022 01:30:37 By: Bloomberg Markets and Finance
Thu, 01 Dec 2022 19:02:00 GMT Pages Report] According to this latest study, the 2021 growth of Blood Testing Market will have significant change from previous year. By the most conservative estimates of gl ...
Tue, 29 Nov 2022 15:58:00 GMT Ukraine's President Volodymyr Zelenskyy described the situation at the front as difficult, with intense fighting in the east, northeast and south of Ukraine.
Mon, 28 Nov 2022 21:41:00 GMT Russia's central bank chief said the yuan's influx into the country's system typifies a "transformation of the currency composition of our economy." ...
Thu, 24 Nov 2022 02:57:00 GMT Western officials have emphasised they want to see money flowing into parts of Russia’s economy, and financial firms to enable this. On November 14th America, Britain and the eu issued a statement ...
