The global energy transition poses macroeconomic challenges for fossil fuel exporting countries, including more uncertain hydrocarbon revenues, exports and investment inflows. How will these countries be impacted in the next decade and what policies can they adopt to harness opportunities in the transition to a lower carbon economy and mitigate possible macroeconomic disruptions? Panelists will share views on the scale of the challenge, as well as fiscal policy and diversification priorities to respond in a timely and coordinated way.
PANELISTS:
Fahad Alajlan, President, King Abdullah Petroleum Studies and Research Center (KAPSARC)
Melissa C. Lott, Senior Director of Research, SIPA Center on Global Energy Policy; Professor, Columbia Climate School at Columbia University
Mary Burce Warlick, Deputy Executive Director, International Energy Agency (IEA)
Diego Mesa Puyo, Deputy Chief, Climate Policy Division, IMF
Moderator: Eleni Giokos, CNN
Published: 9th Dec 2023 04:28:48 By: IMF
IMF Video: Addressing Governance and Corruption Challenges in the response to Climate Change - COP28
Investing in climate change resilience requires large scale financing. The potential for corruption to exacerbate the challenge, undermine the effectiveness of the response and increase costs means that better governance must be at the heart of the climate response. Acting fast will mean leveraging the existing anticorruption architecture and catalyzing coalitions in a highly coordinated way. In this joint event with the World Bank, panelists will discuss corruption vulnerabilities that are specific to the green transition and how to address them.
PANELISTS:
Shuang Liu, China Finance Director, World Resources Institute
Tsakani Maluleke, Auditor-General, South Africa
Mark Robinson, Executive Director, Extractive Industries Transparency Initiative
Moderator: Laury Haytayan, MENA Director, Natural Resource Governance Institute
Published: 8th Dec 2023 04:16:09 By: IMF
IMF Video: Energy Security and Climate Mitigation: Global Challenges for a Fragmented World – COP28
Disruptions in global energy markets amid Russia’s war in Ukraine have exposed the vulnerabilities of fossil-fuel reliance and rekindled national energy security concerns. At the same time, rising geo-economic fragmentation could jeopardize the supply of minerals that are critical for the green transition. This event will explore how countries can strike a balance between promoting short-term energy security while remaining on track to meet the goals of the Paris Agreement.
PANELISTS:
Antonio Spilimbergo, Deputy Director of Research, IMF
Anthony Agotha, Special Envoy for Climate and Environment, EU
Meghan O’Sullivan, Director, Belfer Center for Science and International Affairs at Harvard University
Atul Arya, Chief Energy Strategist, S&P Global
Moderator: Landon Derentz, Director of Global Energy Security, Atlantic Council
https://www.imf.org/en/Topics/climate-change/COP28
Published: 8th Dec 2023 01:19:05 By: IMF
IMF Video: The Right Data to Navigate the Green Transition and Maintain Economic Growth | COP 28
In this joint session with the World Bank, panelists assess the types of data that policymakers need to understand the economic and financial risks associated with climate change, develop sound policies, and finance the transition.
Learn more about the IMF's work at #COP28: https://bit.ly/3GoPltp
Published: 8th Dec 2023 03:42:15 By: IMF
IMF Video: Resilience & Sustainability Trust and Climate Finance: Stocktaking and the Way Forward | COP28
The IMF is innovating to help countries meet the challenge: through a recently created instrument, the Resilience and Sustainability Trust (RST), it provides financing to countries facing long-term structural challenges, including climate change.
Learn more about the IMF's work at #COP28: https://bit.ly/3GoPltp
Published: 5th Dec 2023 10:33:03 By: IMF
World Economic Forum Video: Redesigned Wind Turbine & What Is Climate Justice? | WEF | Top Stories of the Week
This week's top stories of the week include:
0:15 This start-up has redesigned the wind turbine – It’s designed by US start-up Airloom. Which says it can generate the same amount of energy as a traditional turbine but at a fraction of the cost and size. It’s much smaller and uses far fewer materials, making it almost 10 times cheaper to build. Its design can generate electricity at one-third the cost of standard wind turbines. Its turbines should take up less space, too as conventional turbines have to be distanced from one another.
1:45 Cutting salt works as well as medication – Scientists have found that reducing salt intake by just 1 teaspoon per day can lower blood pressure as much as specific drugs for that purpose. Researchers put 213 people aged 50-75 on either a high- or low-sodium diet. After a week, the two groups swapped. The low-sodium diet led to a swift and pronounced drop in blood pressure roughly equal to a ‘first-line blood-pressure medication’, say the authors.
3:27 What is climate justice? – Climate change is a global crisis, but its impacts are felt unequally. For many, it's not just about rising temperatures and melting glaciers, but about the very survival of their communities.
6:11 How AI will open the world to disabled people – Victor Pineda, a Hispanic man in a wheelchair and using a machine to help him breathe, shares his experience of growing up in a world that wasn't designed for him. Denied education in his home country due to his disability, he found an opportunity in the US, where laws protected his right to learn. He sees AI as a chance to create customized learning experiences for diverse learners, a stark contrast to his exclusionary past.
_____________________________________________
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
#Davos #WEF23 #WorldEconomicForum
Published: 9th Dec 2023 01:00:20 By: World Economic Forum
World Economic Forum Video: Energy in Transition Navigating to Net Zero with Columbia University
The speed and scale required to transform the global energy system is unprecedented and the path to net zero is unlikely to be a smooth one.
With energy as the lifeblood of the global economy, such a rapid transition is bound to cause widespread upheaval, both economic and geopolitical.
Join Jason Bordoff and Melissa Lott from the Center on Global Energy Policy at Columbia University as they discuss emerging tensions and contradictions and what approaches are needed on the path to net zero.
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
#Davos #AMNC23 #WorldEconomicForum
Published: 5th Dec 2023 12:00:29 By: World Economic Forum
World Economic Forum Video: Visit Seoul in the Metaverse & Meat Grown From Stem Cells | WEF | Top Stories of the Week
This week's top stories of the week include:
0:15 Visit Seoul in the metaverse – Seoul, the vibrant capital of South Korea, has taken a pioneering step into the digital realm by launching the world's first urban metaverse app. This immersive platform allows users to create personalized avatars and embark on a virtual journey through Seoul's iconic landmarks, including N Seoul Tower, Gyeongbokgung Palace, and the mayor's office.
1:48 This meat is grown from stem cells – Shiok Meats cultivates meat and seafood directly from animal stem cells. This innovative technology offers a promising solution to the environmental and ethical concerns associated with conventional animal agriculture.
6:33 Sugar prices are surging. Here's why – Sugar enthusiasts face a grim reality as global sugar prices have skyrocketed by 55% in just two months. This surge stems from severe droughts in India and Thailand, the world's second and third-largest sugar exporters, respectively.
8:11 Climate disaster insurance for island states – A global insurance scheme could protect 100 vulnerable nations against the spiralling costs of storms, droughts and rising seas. Small island developing states face losses of 50-300% of GDP to hurricanes and other climate events. Until now, small island states were seen as untouchable in insurance terms but new research from Cambridge University and the insurer Howden shows coverage remains possible by modelling the likely risks they face and using premiums funded by ‘donor’ countries.
_____________________________________________
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
#Davos #WEF23 #WorldEconomicForum
Published: 2nd Dec 2023 01:00:39 By: World Economic Forum
World Economic Forum Video: Technology that transforms: what an invention from 1450 can teach us about AI
If you’re a ‘digital native’ - someone who can’t remember a world before the internet - you might feel you have a good idea of the role technology will play in your life and perhaps in that of future generations.
But journalism professor Jeff Jarvis, author of a history of another transformative technology from more than five centuries ago - the printing press - says we can have no way yet of knowing where the internet, and AI, will take us.
The book is called The Gutenberg Parenthesis (https://www.bloomsbury.com/us/gutenberg-parenthesis-9781501394829/) . Jeff spoke to us at the World Economic Forum's AI Governance Summit.
AI Governance Alliance:
wef.ch/AIGA (https://initiatives.weforum.org/ai-governance-alliance/home)
AI Governance Summit:
https://www.weforum.org/events/ai-governance-summit-2023/
Podcast links:
AI Governance Summit 2023: State of Gen AI: Views from the Frontier (https://www.weforum.org/podcasts/agenda-dialogues/episodes/ai-governance-summit-2023-state-of-gen-ai-views-from-the-frontier/)
AI Governance Summit 2023: Gen AI: New Age of Governance (https://www.weforum.org/podcasts/agenda-dialogues/episodes/ai-governance-summit-2023-gen-ai-new-age-of-governance/)
AI Governance Summit: Transformation on the Horizon (https://www.weforum.org/podcasts/agenda-dialogues/episodes/ai-governance-summit-transformation-on-the-horizon/)
AI: Bringing stakeholders together to make AI work for us all (https://www.weforum.org/podcasts/radio-davos/episodes/generative-ai-episode-5-amnc/)
Beyond AI: the top-10 tech of 2023 set to change our lives (https://www.weforum.org/podcasts/radio-davos/episodes/top-10-emerging-technologies-2023/)
Check out all our podcasts on:
wef.ch/podcasts (http://wef.ch/podcasts)
Radio Davos (https://www.weforum.org/podcasts/radio-davos) - subscribe (https://pod.link/1504682164)
Meet the Leader (https://www.weforum.org/podcasts/meet-the-leader) - subscribe (https://pod.link/1534915560)
World Economic Forum Book Club Podcast (https://www.weforum.org/podcasts/book-club) - subscribe (https://pod.link/1599305768)
Agenda Dialogues (https://www.weforum.org/podcasts/agenda-dialogues) - subscribe (https://pod.link/1574956552)
Join the World Economic Forum Podcast Club (https://www.facebook.com/groups/wefpodcastclub)
Join the World Economic Forum Book Club (https://www.facebook.com/groups/worldeconomicforumbookclub)
Published: 7th Dec 2023 11:59:55 By: World Economic Forum
World Economic Forum Video: How to Live Meaningfully with Climate Anxiety
From a feeling of powerlessness to fearing that the future is too uncertain to have children, action is needed to tackle a hidden climate mental health crisis, say health experts.
Join Britt Wray, Director of Stanford University's Special Initiative on Climate Change and Mental Health, to learn about the latest research, and how embracing “climate anxiety” could solve both mental health and ecological problems.
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
#Davos #WEF23 #WorldEconomicForum
Published: 28th Nov 2023 12:00:47 By: World Economic Forum
Economic Video: What Macy's could learn from JCPenney's woes
Macy's (M) is mulling a $5.8 billion buyout offer from Arkhouse Management and Brigade Capital Management. Department stores have been hit hard as more shoppers turn to buying products online. JCPenney, for example, filed for bankruptcy in 2020. So what can Macy's learn from its rival's woes? Yahoo Finance's Brooke DiPalma explains in the video above.
About Yahoo Finance:
Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life.
- Get the latest news and data at finance.yahoo.com
- Download the Yahoo Finance app on Apple (https://apple.co/3Rten0R) or Android (https://bit.ly/3t8UnXO)
- Follow Yahoo Finance on social:
X: http://twitter.com/YahooFinance
Instagram: https://www.instagram.com/yahoofinance/?hl=en
TikTok: https://www.tiktok.com/@yahoofinance?lang=en
Facebook: https://www.facebook.com/yahoofinance/
LinkedIn: https://www.linkedin.com/company/yahoo-finance
#macys #jcpenney #yahoofinance
Published: 11th Dec 2023 05:15:59 By: Yahoo Finance
Economic Video: ByteDance, GoTo to Strike Deal to Save Indonesia TikTok Shop
ByteDance’s TikTok has struck an agreement to invest in a unit of Indonesia’s GoTo Group and cooperate on an online shopping service, pioneering a template for e-commerce beyond Southeast Asia’s biggest economy. Ed Ludlow and Caroline Hyde discuss on "Bloomberg Technology."
--------
Like this video? Subscribe to Bloomberg Technology on YouTube:
https://www.youtube.com/channel/UCrM7B7SL_g1edFOnmj-SDKg
Watch the latest full episodes of "Bloomberg Technology" with Caroline Hyde and Ed Ludlow here: https://tinyurl.com/ycyevxda
Get the latest in tech from Silicon Valley and around the world here:
https://www.bloomberg.com/technology
Connect with us on...
Twitter: https://twitter.com/technology
Facebook: https://www.facebook.com/BloombergTechnology
Instagram: https://www.instagram.com/bloombergbusiness/
Published: 5th Dec 2023 09:04:02 By: Bloomberg Technology
Economic Video: Cigna Calls Off Its Pursuit of Humana
Cigna Group calls off its pursuit of fellow health insurer Humana and is instead going to buyback $10 billion in stock. Bloomberg's Katie Greifeld reports.
Follow Bloomberg for business news & analysis, up-to-the-minute market data, features, profiles and more: http://www.bloomberg.com
Connect with us on...
Twitter: https://twitter.com/business
Facebook: https://www.facebook.com/bloombergbusiness/
Instagram: https://www.instagram.com/quicktake/?hl=en
Published: 11th Dec 2023 05:00:57 By: Bloomberg Television
Economic Video: New warning about thieves stealing gift card security codes
Pinole Police Department officers have taken to social media to sound the alarm to holiday shoppers about gift card scams.
SUBSCRIBE: https://bit.ly/2Zq0dU5
SIGN UP to get the daily GMA Wake-Up Newsletter:
https://gma.abc/2Vzcd5j
VISIT GMA: https://www.goodmorningamerica.com
FOLLOW:
TikTok: https://tiktok.com/@gma
Instagram: https://instagram.com/GoodMorningAmerica
Facebook: https://facebook.com/GoodMorningAmerica
X: https://twitter.com/gma
#news #giftcard #gifts #warning #gma
Published: 11th Dec 2023 04:25:00 By: Good Morning America
Economic Video: Smile Direct Club shuts down leaving buyers lost amid financial struggles and legal issues
SmileDirectClub, a telehealth dental company with two million customers, shuts down, leaving customers uncertain about refunds.
Subscribe to FOX 26 Houston: https://www.youtube.com/myfoxhouston26?sub_confirmation=1
Watch FOX 26 Houston Live: https://www.fox26houston.com/live
Houston area news, weather, traffic, sports and breaking news from FOX 26 Houston. Watch news and local programming daily from KRIV.
Watch more FOX 26 Houston on YouTube:
What's Your Point?: https://www.youtube.com/playlist?list=PLzU9hsam67vZXZPhBKz8g7NmLspNSCJMW
Isiah Factor Uncensored: https://www.youtube.com/playlist?list=PLzU9hsam67vZy1iMI2wiIa4988tnEqoS7
Positively Houston: https://www.youtube.com/playlist?list=PLzU9hsam67vYgxB8_wTc4NdcTBGfe60N_
Download the FOX 26 Houston News app: https://fox26houston.onelink.me/xslh?pid=social&c=youtube&af_web_dp=https%3A%2F%2Fwww.fox26houston.com%2Fapps
Download the FOX 26 Houston Weather app: https://www.fox26houston.com/apps
Follow FOX 26 Houston on Facebook: https://www.facebook.com/fox26houston
Follow FOX 26 Houston on Twitter: https://www.twitter.com/fox26houston
Follow FOX 26 Houston on Instagram: https://www.instagram.com/fox26houston
Subscribe to the FOX 26 Houston newsletter: https://www.fox26houston.com/newsletters
Published: 10th Dec 2023 06:25:53 By: FOX 26 Houston
Business Video: UPenn President Liz Magill resigns following backlash over disastrous antisemitism hearing
University of Pennsylvania President Liz Magill released a statement saying she was resigning following days of backlash over her testimony to a House committee exploring anti-semitism on college campuses. #CNN #News
Published: 9th Dec 2023 11:44:09 By: CNN
Business Video: Ty Cobb says he’s unsure Trump will testify again in fraud trial
Former Trump White House lawyer Ty Cobb speaks to CNN's Erin Burnett about the former president attending his fraud trial and preparing to potentially take the stand again. #CNN #News
Published: 8th Dec 2023 02:45:00 By: CNN
Business Video: Tips for avoiding financial stress this holiday season
CNN's Victor Blackwell speaks with Washington Post Personal Finance Columnist, Michelle Singletary about how to avoid financial stress this holiday season. #CNN #News
Former President Donald Trump claims the price of bacon has quintupled in the Biden era. CNN senior reporter Daniel Dale breaks down why that’s not true.
Published: 1st Dec 2023 07:57:37 By: CNN
Business Video: 'Go f**k yourself': Hear Elon Musk's message to advertisers abandoning X
Elon Musk, in his first interview with mainstream media since his antisemitic post on X, apologized for what he called his "dumbest" ever social media post. But he lashed out at advertisers leaving his platform because of rising antisemitism on X. Dana Hull, Bloomberg's Elon Musk reporter, joins Erica Hill to discuss. #CNN #News
Mon, 11 Dec 2023 03:00:00 GMT The Pew Center estimates that over half of American adults get their news from social networking platforms. This suggests that news stories like the economy are contextualized ... and Amazon Basics ...
Thu, 07 Dec 2023 01:19:00 GMT GameStop has posted third-quarter revenue that missed expectations, sending shares lower in U.S. premarket trading, as the video game retailer was hit by consumers choosing to rein in expenditures ...
Wed, 06 Dec 2023 10:26:00 GMT The new iPad Air will have two sizes for the first time, while the Pro model of the device will be fitted with OLED screens, the report said. It added the MacBook Air will come with the speedier M3 ...
Mon, 04 Dec 2023 02:49:47 GMT Taylor Swift is Apple Music’s 2023 Artist of the Year, taking the crown from last year’s winner, Bad Bunny, and the live event to celebrate her achievements may appear on Apple TV in the future.Taylor ...
Wed, 22 Nov 2023 10:16:00 GMT landing behind all estimates from market participants as high borrowing costs hurt the sector in Latin America's second-largest economy. Sales fell 0.2% in September from August, data from ...