With the global economy stuck in low gear, policymakers around the world face tough choices on the actions needed to create better economic outcomes and opportunities for people.
At the 2024 IMF-World Bank Annual Meetings, 190 member countries will come together to discuss these shared challenges.
Join us October 21-26 to gain insights on how to help future-proof the global economy by addressing crisis legacies, continuing progress on restoring price stability, rebuilding policy space, preserving the benefits of integration, and strengthening the foundation for future growth.
https://meetings.imf.org
Published: 1st Oct 2024 08:49:49 By: IMF
IMF Video: Resilience in the Face of Change | IMF Annual Report 2024
JUST RELEASED: The IMF’s 2024 Annual Report highlights key global economic challenges, from inflation to climate change, and how the IMF is responding.
Explore our lending programs, economic surveillance, and capacity development initiatives.
Read the report here: https://www.imf.org/external/pubs/ft/ar/2024/?cid=sm-com-comms-ar2024-lkd-internationalmonetaryfund-en-spotlight
Published: 25th Sep 2024 03:50:00 By: IMF
IMF Video: 2024 Michel Camdessus Central Banking Lecture
ECB President Christine Lagarde delivers the 2024 Michel Camdessus Central Banking Lecture, followed by a one-on-one conversation with IMF Chief Kristalina Georgieva.
Sep. 20 at 10:50 AM ET (2:50 PM GMT)
Published: 21st Sep 2024 04:22:04 By: IMF
IMF Video: Africa Perspectives: Charting Democracy and Development in Africa
In a wide-ranging Africa Perspectives discussion, Professor Emmanuel Gyimah-Boadi of Afrobarometer shared his insights on the state of democracy and development in Africa. While noting progress across the region, he emphasized the need to continue strengthening institutions and improving governance to meet citizens' expectations. Key issues include election quality, civil society engagement, and economic management. https://www.imf.org/en/News/Seminars/Conferences/2022/06/10/africa-speaker-series
Published: 9th Sep 2024 12:31:53 By: IMF
IMF Video: لتقييم السنوي لصندوق النقد الدولي لعام 2024 للاقتصاد السعودي
شهدت المملكة العربية السعودية نمواً غير نفطي قوياً بنسبة 3.8% في عام 2023، مدفوعاً في الغالب بالاستهلاك الخاص والاستثمار. ومع ذلك، انكمش الاقتصاد بنسبة 0.8%، مما يعكس انخفاض إنتاج النفط والتخفيضات الطوعية لإنتاج النفط. يسير التحول الاقتصادي غير المسبوق في المملكة في ظل رؤية 2030 بشكل جيد، لكن المملكة لا تزال بحاجة إلى مواصلة زخمها الإصلاحي.
Published: 6th Sep 2024 05:52:42 By: IMF
World Economic Forum Video: What’s Next for Climate Action & Chief Economists’ Outlook | WEF | Top Stories of the Week
This week's top stories of the week include:
0:15 What’s next for urgent climate action? – At the Sustainable Development Impact Meetings in New York, leaders discussed how to curb carbon emissions while building an inclusive economy. Regulations can be a lever for systemic change but local innovation is crucial, too.
3:09 Solar stoves reduce air pollution deaths – It cooks food while emitting hardly any smoke. It uses a hybrid system, powered by energy from solar panels and from fuel such as small sticks or crop waste. The ACE One was created by African Clean Energy which is a part of the World Economic Forum’s Equitable Transition Initiative.
5:08 Chief economists’ outlook for the rest of 2024 – Many chief economists polled by the World Economic Forum are optimistic about 2025. In the United States, nearly nine in ten chief economists anticipate moderate or strong growth in the coming year. Similarly, in South Asia, 71% predict strong or very strong growth.
9:33 Earth exceeds 6 of 9 planetary boundaries – In 2009, a team of scientists identified the 9 natural processes that regulate Earth’s biosphere and keep it stable. These include climate change, biodiversity, ocean acidification and freshwater. The team also defined the safe planetary boundary for each process. A safe and sustainable future for humanity lies within these boundaries.
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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: 5th Oct 2024 12:01:06 By: World Economic Forum
World Economic Forum Video: SDIM24 - AI for Global Good
Generative AI holds the potential to transform a broad range of economic activities and to help address the world's most pressing development challenges. However, the benefits of this technological revolution are not yet shared by all globally.
What actions can policy-makers and innovators take now to realize AI's promise while ensuring that its benefits lead to shared prosperity for all?
This session was recorded live September 23, 2024 during the World Economic Forum’s Sustainable Development Impact Meetings.
You can watch it here: https://www.weforum.org/events/sustainable-development-impact-meetings-2024/sessions/ai-for-global-good/
Speakers:
Yann LeCun, Vice-President and Chief Artificial Intelligence (AI) Scientist, Meta
Crystal Rugege, Managing Director, Centre for the Fourth Industrial Revolution (C4IR) Rwanda
Omar Sultan Al Olama, Minister of State for Artificial Intelligence, Digital Economy and Remote Work Applications, Office of the Prime Minister of the United Arab Emirates
Sabastian Niles, President and Chief Legal Officer, Salesforce
Landry Signé, Senior Fellow, Global Economy and Development Program, Brookings Institution
Links:
Centre for the Fourth Industrial Revolution: https://centres.weforum.org/centre-for-the-fourth-industrial-revolution/home
Published: 30th Sep 2024 11:40:16 By: World Economic Forum
World Economic Forum Video: Tech Shows Impact of Climate Change & Debt Plan to Save Coral Reefs | WEF | Top Stories of the Week
This week's top stories of the week include:
0:15 How investment advice is changing – ‘The film is a rollercoaster ride into the last few years of how technology is changing our relationship to money’, says Chris Temple, director of This Is Not Financial Advice, a documentary that follows four online investors, including one who made - and lost - millions in crypto.
5:56 New tech reveals the impacts of climate change – Using AI, we can process Earth Observation (EO) data faster. Helping us monitor disaster impact in hours, not days. AI is also improving climate and weather forecast models. Through AR and VR, engineers are transforming these complex datasets into interactive, intuitive experiences that can help leaders make climate decisions.
7:39 This debt plan can save coral reefs – The deal reduces Indonesia’s debt repayments to the US by $35 million over the next 9 years and redirects those payments towards reef conservation instead. Indonesia is home to 16% of the world’s coral reefs and around 60% of the world’s coral species. Its reefs generate around $1.6 billion in value every year through fisheries, coastline protection and tourism. But Indonesia’s reefs face a range of threats.
9:21 Ray Dalio on funding climate action – By 2050, climate damage could cost between $1.7 trillion and $3.1 trillion per year. However, the costs of inaction could be even greater, says Ray Dalio, the founder of the world’s largest hedge fund, Bridgewater Associates. Right now, climate action is hugely under-financed.
_____________________________________________
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: 28th Sep 2024 12:00:19 By: World Economic Forum
World Economic Forum Video: Valuing Nature's Assets
Nature is increasingly integral to business decision-making, with more than half of the world’s GDP reliant on its resources.
From assessing nature-related risks to investing in sustainable practices that drive growth, what nature-positive strategies are private sector actors embracing as core elements of their business models?
Published: 27th Sep 2024 03:34:50 By: World Economic Forum
World Economic Forum Video: How bridging design gaps in science and tech can tackle gender bias
Gaps in the design of everything from AI to pharmaceuticals lead to everything from safety risk to poor health outcomes. Nigina Muntean, the chief of innovation at the United Nations Population Fund, is looking to fix this, making research and design more inclusive for everyone. Her agency launched the Equity 2030 Alliance last year bringing together leaders in tech and pharma and other sectors to share best practices. Its experts in academia, government and business come together to help advocate for new standards in equitable investment, and to champion more gender-inclusive approaches to tech and design. The group is coming upon its first year anniversary which it celebrated during this year's UN General Assembly Week in New York City. Nigina is also a former physician and a public health expert who understands how investments in research and design impact the lives of everyday people, especially those with the least resources. She shares her first-hand perspectives on what’s needed tackle bias in design and what any leader should keep in mind. More about this episode: 2030 Equity Alliance: https://www.unfpa.org/equity-2030-alliance 2024 World Economic Forum Global Gender Gap: https://www.weforum.org/publications/global-gender-gap-report-2024/ 2024 Sustainable Development Impact Meetings: https://www.weforum.org/events/sustainable-development-impact-meetings-2024/
Related podcasts: Cyber has a skills gap. How approaches to tech, hiring – and retaining women - can help: https://www.weforum.org/podcasts/meet-the-leader/episodes/petra-jenner-splunk-cyber-skills-gap/
Build a culture of innovation: HPE's CTO shares what must be in place: https://www.weforum.org/podcasts/meet-the-leader/episodes/fidelma-russo-innovation-cto/
Published: 26th Sep 2024 10:19:19 By: World Economic Forum
Business Video: Red Lobster’s new CEO explains what went wrong with endless shrimp
Embattled Red Lobster has a new CEO, and he’s just 35 years old. CNN reporter Nathaniel Meyersohn sat down with Damola Adamolekun over some shrimp and lobster tail to chat the future of the seafood company and the young CEO’s approach to work. #cnn #news #redlobster
Shot by Zach Wasser, Benjamin Evans, FJ Feng
Editor/Producer: John General
Senior Producer: Alexandra King
Reporter: Nathaniel Meyersohn
Published: 4th Oct 2024 03:00:54 By: CNN
Business Video: Telegram CEO’s arrest sparks debate over free speech online
The detention of the Russian-born billionaire founder of Telegram, a messaging app known for its unfiltered content, has sparked debate about freedom of speech and illegal content on the internet. Pavel Durov, 39, was detained at Paris’s Bourget Airport Saturday on a warrant related to Telegram’s lack of moderation. CNN’s Clare Duffy, and then senior researcher at the University of St. Gallen Matias Dewey, join Richard Quest to discuss. #CNN #news
Want to stay up to date on the day's top stories? Sign up for CNN's 5 Things newsletter, and we'll give you the 5 biggest stories you need to know, videos people are watching, and more!
Sign up here: https://www.cnn.com/newsletters/5-things?source=nl-acq_social_youtubedesc&utm_source=nl-acq_social_youtubedesc
Published: 26th Aug 2024 10:18:55 By: CNN
Business Video: The Fed just sent a crucial message about its next move
America’s top central banker has unambiguously signaled that lower interest rates are finally on the horizon, marking a crucial milestone for the Federal Reserve’s historic — and, so far, successful — inflation fight. CN’s Matt Egan and Julia Chatterley report. #CNN #News
Want to stay up to date on the day’s top stories? Sign up for CNN’s 5 Things newsletter, and we’ll give you the 5 biggest stories you need to know, videos people are watching, and more! Sign up here: https://www.cnn.com/newsletters/5-things?source=nl-acq_social_youtubedesc&utm_source=nl-acq_social_youtubedesc
Published: 23rd Aug 2024 04:56:24 By: CNN
Business Video: LinkedIn billionaire says it'd be 'bold' to have this fellow billionaire as VP
LinkedIn Co-Founder Reid Hoffman tells CNN's Matt Egan why he's supporting Kamala Harris and who he'd like to see on her ticket. #CNN #News
Want to stay up to date on the day’s top stories? Sign up for CNN’s 5 Things newsletter, and we’ll give you the 5 biggest stories you need to know, videos people are watching, and more! Sign up here: https://www.cnn.com/newsletters/5-things?source=nl-acq_social_youtubedesc&utm_source=nl-acq_social_youtubedesc
Published: 25th Jul 2024 03:26:12 By: CNN
Business Video: 'We're screwed': Stranded passenger frustrated at tech outage
CNN's Tom Foreman gives the latest updates on the tech disruptions worldwide that have hit banks, businesses, emergency services, and even airlines. One frustrated passenger tells CNN affiliate KDKA how hard they have been affected. #CNN #news
Want to stay up to date on the day’s top stories? Sign up for CNN’s 5 Things newsletter, and we’ll give you the 5 biggest stories you need to know, videos people are watching, and more!
Sign up here: https://www.cnn.com/newsletters/5-things?source=nl-acq_social_youtubedesc&utm_source=nl-acq_social_youtubedesc
Sun, 06 Oct 2024 11:37:00 GMT One year on from the Hamas onslaught, experts fret over whether economic recovery is possible in the face of government inaction to bolster a key growth engine ...
Fri, 04 Oct 2024 21:32:00 GMT Israel’s war cabinet is weighing its response after Iran launched its largest-ever attack on the country. Follow for live updates.
Thu, 03 Oct 2024 02:32:00 GMT The most dangerous scenario for Israel's economy is a conflict spreading to Jerusalem and Tel Aviv, the commercial centers of the country.
Wed, 02 Oct 2024 05:38:00 GMT An escalation of fighting between Israel and Iran could cause oil prices to spike and send a chill through the global economy.