Russia's economy could face a serious slump after the country's March presidential election, which Vladimir Putin is expected to win. Original Image Link Source:www.msn.com
Climate change is already having a devastating impact on the Middle East and Central Asia. Recent IMF work shows that the average economic losses for fragile countries are four times worse than when a storm, drought, or flood hit other countries.
Learn more at http://www.IMF.org/climate and http://www.IMF.org/COP
Published: 1st Dec 2023 07:59:33 By: IMF
IMF Video: Perspectivas Económicas: Las Américas | Octubre de 2023
Tras una recuperación más vigorosa de lo esperado después de la pandemia y la continuidad de la resiliencia a comienzos de 2023, el crecimiento económico en América Latina y el Caribe está desacelerándose a medida que las políticas más restrictivas para combatir la inflación surten efecto y se debilita el entorno externo.
https://bit.ly/3FbUK6B
Published: 22nd Nov 2023 05:55:13 By: IMF
IMF Video: آفاق الاقتصاد الإقليمي للشرق الأوسط وشمال إفريقيا، أكتوبر 2023
تباطؤ النمو واستمرار معدلات التضخم المرتفعة عبر العديد من اقتصادات الشرق الأوسط وشمال إفريقيا.
جهاد أزعور من صندوق النقد الدولي يوضح ما يعنيه ذلك لمنطقة الشرق الأوسط وشمال إفريقيا وأين ينبغي لصناع السياسات تركيز جهودهم.
IMF.org/MENA
Published: 21st Nov 2023 05:09:02 By: IMF
IMF Video: Regional Economic Outlook for the Western Hemisphere, October 2023
After a stronger-than-expected pandemic recovery, economic growth in Latin America and the Caribbean is slowing amid tighter policies to combat inflation, a timely withdrawal of pandemic-related fiscal stimulus and a weakening global environment. https://www.imf.org/en/Publications/REO/WH/Issues/2023/10/13/regional-economic-outlook-western-hemisphere-october-2023
Published: 20th Nov 2023 09:07:18 By: IMF
IMF Video: 11th IMF Statistical Forum: Measuring Money in the Digital Age: Show us the money
Show Us the Money! Join us on November 16 at 3:15pm ET for the closing session of the 11th IMF Statistical Forum with Klaas Knot and Tobias Adrian, moderated by David Wessel. Closing remarks by IMF Chief Statistician Bert Kroese.
Conference page: https://www.imf.org/en/News/Seminars/Conferences/2023/11/15/11th-imf-statistical-forum
Published: 17th Nov 2023 09:30:15 By: IMF
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.
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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 2023 01:00:39 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.
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Published: 28th Nov 2023 12:00:47 By: World Economic Forum
World Economic Forum Video: Indonesia's Giant Floating Solar Plant & 2024 Smart Toy Awards | WEF | Top Stories of the Week
This week's top stories of the week include:
0:15 The world has an antibiotic problem – Antimicrobial resistance (AMR), also known as antibiotic resistance, is a major health concern. It occurs when microbes, such as bacteria, viruses, and fungi, become resistant to the drugs used to treat them. This makes infections harder to treat and increases the risk of death.
4:48 Indonesia's giant floating solar plant – Indonesia has made a significant stride in renewable energy by unveiling a massive floating solar plant, the third largest of its kind globally. Situated on the Cirata Reservoir, 107 kilometers southeast of Jakarta, the plant's 13 expansive arrays cover 4% of the reservoir's surface, capable of generating up to 192 MW of power.
6:06 2024 Smart Toy Awards – Moflin, a palm-sized AI pet, is among the winners of the Smart Toy Awards. Just like a real pet, Moflin's AI has an "emotional model" that allows it to react to the way it's treated. This interactive play experience fosters a connection between the child and the toy, creating a sense of companionship and responsibility.
7:58 Clean air projects attract global investment – In 2021, international development funding for air quality projects surpassed that of fossil fuel projects for the first time, reaching $2.3 billion, an increase of $800 million from fossil fuel projects. This significant drop from $11.9 billion in 2019, the peak for fossil fuel funding, suggests a potential shift in the global financing landscape away from fossil fuels.
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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: 25th Nov 2023 01:00:28 By: World Economic Forum
World Economic Forum Video: Horizon Scan: China Future Trends
What are some of the most important emerging trends in sustainability, innovation and society coming out of China? Join us to explore and discuss where those could lead us and what they could mean for the world.
This session features a horizon scan of the latest trends that leaders and decision-makers should be aware of in the next few years.
Speakers
Xiaolan Fu
Founding Director, Technology and Management Centre for Development, University of Oxford
Keyu Jin
Professor of Economics, London School of Economics and Political Science
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: 21st Nov 2023 12:00:19 By: World Economic Forum
World Economic Forum Video: Germany's First Zero-Waste City & Gender Balance Benefits Companies | WEF | Top Stories of the Week
This week's top stories of the week include:
0:15 Kiel is Germany's first zero-waste city –Kiel has put 107 waste-reducing measures in place. They include practical changes, such as ‘pay-to-throw’, a scheme in which households pay a fee for the amount of landfill waste they generate. Other measures include recycling collection ‘islands’ around the city, discounts for shoppers who bring their own containers and banning disposable products at all city events.
1:33 Gender balanced companies outperform others – According to a BlackRock study of 1,250 of the world’s biggest companies. Over the past decade, the companies with the most equal gender balance achieved a 7.7% average annual return on assets (RoA). Those with the highest share of men delivered a 5.6% RoA, while those with the highest share of women returned a 6.1% RoA. The study concluded it was ‘diversity that counts’ rather than the dominance of a single gender.
3:08 US wants to convert empty offices into homes – The government will offer funding and technical support to help cities turn unused workspaces into affordable apartments. US office vacancy rates have hit a 30-year peak as more staff clock in to work remotely. Meanwhile, rents in the country remain at historic highs after a surge during the pandemic converting offices to apartments can be challenging.
4:48 Rwanda and Kenya open borders to other Africans – Rwanda and Kenya have made significant strides in promoting African unity by opening their borders to other Africans, enabling visa-free travel for all citizens of the continent. This move positions Rwanda as the fourth African nation to remove such restrictions, following Benin, The Gambia, and Seychelles. Kenya is set to join them on December 31, 2023.
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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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#Davos #WEF23 #WorldEconomicForum
Published: 18th Nov 2023 05:10:25 By: World Economic Forum
Economic Video: Is X Toast? The aftermath of Elon Musk’s outburst to advertisers
X is dealing with the aftermath of Elon Musk’s profanity-laced outburst against advertisers. The company’s CEO Linda Yaccarino has responded with a statement. Jake Ward joins to give his take on the fallout.
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#MSNBC #ElonMusk #advertising
Published: 1st Dec 2023 04:55:21 By: MSNBC
Economic Video: 184 employees laid off from Broomfield facility after merger
Semiconductor manufacturer Broadcom Inc. (Nasdaq: AVGO) is laying off 184 Colorado employees less than one week after it completed a $69 billion merger with VMware Inc.
Broadcom didn’t respond to Denver Business Journal’s requests for comment.
Broadcom and VMware layoffs are taking place across the country, with local layoffs impacting employees in Broomfield.
Read more from the Denver Business Journal: https://www.bizjournals.com/denver/news/2023/11/27/vmware-broadcom-layoffs-vmware-merger.html?utm_source=sy&utm_medium=ptr&utm_campaign=9news
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Sen. John Hoeven, R-N.D., provides insight on oil prices amid OPEC+ cuts on 'Kudlow.'
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FOX Business Network (FBN) is a financial news channel delivering real-time information across all platforms that impact both Main Street and Wall Street. Headquartered in New York — the business capital of the world — FBN launched in October 2007 and is one of the leading business networks on television, having topped CNBC in Business Day viewers for the second consecutive year in 2018. The network is available in nearly 80 million homes in all markets across the United States. Owned by FOX Corporation, FBN is a unit of FOX News Media and has bureaus in Chicago, Los Angeles, and Washington, D.C.
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Published: 2nd Dec 2023 02:00:14 By: Fox Business
Economic Video: Tesla's Cybertruck To Hit 250,000 Units In 12 Months, Teardown Titan Says
After years of development delays and manufacturing snags, Tesla finally handed over its first Blade Runner-esque Cybertrucks to customers. Sandy Munro, CEO of Munro & Associates, a firm famous for its car teardowns, attended the launch event and drove one. He joins Ed Ludlow and Caroline Hyde to give his take on "Bloomberg Technology."
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Published: 1st Dec 2023 08:15:36 By: Bloomberg Technology
Economic Video: How Charlie Munger Changed Warren Buffett
Forbes Executive Editor Matt Schifrin talks with Diane Brady on "Forbes Newsroom" about the investing philosophy and impact of the late vice chairman of Berkshire Hathaway.
Read the full story here: https://www.forbes.com/sites/schifrin/2023/11/29/the-day-charlie-munger-was-introduced-to-the-world/?sh=94016d2bbe08
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Published: 30th Nov 2023 06:14:11 By: Forbes Breaking 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
Published: 30th Nov 2023 02:15:00 By: CNN
Business Video: 'Trading turds': Billionaire investor Charlie Munger's best one-liners from over the years
Billionaire investor Charlie Munger, vice-chairman of Berkshire Hathaway and long-time friend to Warren Buffett, was known for his quick wit and funny one-liners. Munger died on November 28 at 99 years old. Here are a few of his best zingers from over the years. #cnn #news #charliemunger #warrenbuffett #berkshirehathaway
Published: 29th Nov 2023 09:59:38 By: CNN
Business Video: Sam Altman returns to OpenAI in a bizarre reversal of fortunes
Sam Altman has agreed to return to lead OpenAI, the company said on X, just days after his surprise ouster as chief executive sparked an employee revolt that threatened to undermine what has been the leading company in the fledgling artificial intelligence industry. #CNN #News
Published: 22nd Nov 2023 06:42:40 By: CNN
Business Video: Why the US government is still working with Elon Musk amid antisemitic comments
CNN's Kristin Fisher dives into why the US government has not stopped funding Elon Musk's companies SpaceX and Starshield despite the growing backlash from his antisemitic comments.
#cnn #News
Fri, 01 Dec 2023 08:01:00 GMT Rishi Sunak said the UK will not “be the difference” in the battle against climate change as he urged the US and China to “dramatically accelerate” their efforts on reducing harmful emissions.
Thu, 30 Nov 2023 07:30:00 GMT Pushback. Russian oil giant Rosneft expressed rare criticism of the country's Finance Ministry and central bank. In remarks attributed to the company's ...
Tue, 21 Nov 2023 00:52:02 GMT Russia's economy could face a serious slump after the country's March presidential election — in which incumbent Vladimir Putin is expected to win.
Fri, 17 Nov 2023 04:10:00 GMT Representatives of some of Russia's largest businesses met with the Russian leader on November 15 to discuss the matter ... the economy" will be required. Do you have a tip on a world news story ...
Thu, 16 Nov 2023 17:47:00 GMT Record low unemployment, higher wages and targeted social spending should help the Kremlin ride out the domestic impact of pivoting the economy ... people, Russian state news agency Tass said.