BEIRUT, Nov 24 (Reuters) - Lebanon's economy, hit by one of the world's most severe crises, continues to contract although the pace of that contraction has somewhat slowed, the World Bank said in a report published Wednesday. Source:www.reuters.com Original Image Link
Our latest Back to Basics video explains what is public debt and the risks and benefits involved when governments borrow.
Read more in F&D Magazine here: https://bit.ly/3F4ICDH
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
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
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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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 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.
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/
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# # #WorldEconomicForum
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
LinkedIn ► https://www.linkedin.com/company/world-economic-forum
TikTok ► https://www.tiktok.com/@worldeconomicforum
Flipboard ► https://flipboard.com/@WEF
# # #WorldEconomicForum
Published: 1st Dec 2022 02:00:31 By: World Economic Forum
Economic Video: Circle CEO Jeremy Allaire discusses $9 billion SPAC deal termination
Jeremy Allaire, Circle CEO, joins 'TechCheck' to discuss the hangup over Circle's SEC registration, if Circle's profitability is sustainable and the outstanding questions the SEC decided not to approve Circle. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi
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Published: 5th Dec 2022 05:55:26 By: CNBC Television
Economic Video: Two things worked 'exceptionally well' through the year's crypto crises: Asset management firm
Matt Hougan of Bitwise Asset Management discusses the fallout from FTX's collapse and what in the cryptocurrency industry has worked "incredibly well."
Published: 1st Dec 2022 06:26:59 By: CNBC International TV
Economic Video: Sam Bankman-Fried faces an onslaught of regulatory probes
CNBC's MacKenzie Sigalos joins 'Power Lunch' to discuss potential criminal, civil and private litigation against Sam Bankman-Fried, the state of the crypto industry post-FTX collapse, and the case for peer-to-peer crypto adoption in Africa.
Published: 5th Dec 2022 09:06:16 By: CNBC Television
Economic Video: The Laundress recalls all detergents, cleaning products over infection risk
The Laundress, a luxury brand known for selling eco-friendly products, is recalling more than eight-million laundry and cleaning products because they could be contaminated with bacteria and make some people sick.
Published: 2nd Dec 2022 11:27:49 By: KSAT 12
Economic Video: Stocks slide as data spooks investors about rate hikes
U.S. markets ended lower as investors spooked by better-than-expected data from the services sector re-evaluated whether the Federal Reserve could hike interest rates for longer.
#News #Reuters #stockmarket #newsfeed
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Published: 6th Dec 2022 12:31:21 By: Reuters
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: Goldman Sachs on the Outlook for Capital Markets
Richard Ramsden, Goldman Sachs global investment research business unit leader, talks about the outlook for capital markets in 2023.
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Published: 5th Dec 2022 10:01:15 By: Bloomberg Markets and Finance
Markets Finance Video: Too Early to Tell Impact of Russian Oil Price Cap: Pimco
Greg Sharenow, Pimco commodities and real assets portfolio manager, says it's too early to know the full impact of Europe's deal to cap the price of Russian crude at $60 per barrel. He also talks about OPEC+ deciding to keep production unchanged and diesel prices. He's on "Bloomberg Markets: The Close,."
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Published: 5th Dec 2022 10:23:13 By: Bloomberg Markets and Finance
Mohamed El-Erian, chief economic adviser at Allianz and Bloomberg Opinion columnist, says markets are giving back an "overreaction" to Federal Reserve Chair Jay Powell's speech on Wednesday after Friday's strong jobs report. "Once again, the Fed didn't understand the behavioral aspects of markets. So while Chair Powell went out of his way to be balanced, he did a few things that made the market hear just what it wanted to hear," El-Erian says. Rick Rieder, global fixed income CIO at BlackRock, also discusses his takeaways from the November US employment report and credit strategy on "Bloomberg The Open."
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Published: 2nd Dec 2022 07:05:15 By: Bloomberg Markets and Finance
Markets Finance Video: 'Bloomberg Real Yield' (12/02/2022)
Katie Greifeld highlights the market-moving news you need to know with 30 minutes dedicated to fixed-income. Featuring a round-table including BofA Securities' Meghan Swiber, Columbia Threadneedle's Gene Tannuzzo and CreditSights' Winnie Cisar
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Published: 2nd Dec 2022 07:06:08 By: Bloomberg Markets and Finance
Markets Finance Video: 2023 Is the Year of Yield: Morgan Stanley's Tirupattur
Vishwanath Tirupattur, Morgan Stanley's global director of fixed income research, expects significant allocations away from equities and into fixed income next year. Speaking with Tom Keene and Jonathan Ferro on "Bloomberg Surveillance," Tirupattur also discusses where he is finding investment opportunities in fixed income.
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Published: 5th Dec 2022 02:13:50 By: Bloomberg Markets and Finance
Thu, 24 Nov 2022 02:01:00 GMT A participant stands near a logo of World Bank at the International Monetary Fund - World Bank Annual Meeting 2018 in Nusa Dua, Bali, Indonesia, October 12, 2018. REUTERS/Johannes P. Christo/File ...
Sun, 20 Nov 2022 04:02:00 GMT Lebanon plunged into economic turmoil last year. The country’s ongoing energy crisis has had a significant impact on its economy. Lebanon will Unless the government implements sweeping reforms ...
Sun, 20 Nov 2022 03:00:00 GMT Lebanon’s President Michel Aoun recently vacated the presidency after six years in office, leaving behind constitutional chaos and a political vacuum at the top of a collapsing country.
Sat, 19 Nov 2022 23:56:00 GMT Bank CEO Nerguizian hopes recent developments in Lebanon will lead to real positives Bank of Sharjah Group CEO Varouj Nerguizian. Image Credit: Virendra Saklani/Gulf News Dubai: Some problems are ...
Sat, 19 Nov 2022 00:00:00 GMT A year on, Lebanon has managed to avoid a civil war but continues to battle with extreme energy shortages and a failed economy ... SHARE THIS POST Find News News ...
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