Russia's key interest rate already stands at 16% and analysts polled by Reuters expect the central bank to hike it up to 18% on Friday. Original Image Link Source:www.msn.com
Growth in the Caucasus and Central Asia remains robust and broad-based. Still, the region is exposed to geoeconomic developments and countries face heightened uncertainty amid tentative signs that trade, financial flows, and migration patterns are changing. Moreover, boosting medium-term growth will require effective reform implementation. In this context, what policies and reforms can help countries create a predictable environment conducive to investment and sustainable economic growth?
A distinguished panel of speakers explores these pivotal issues and many more from the IMF’s latest Regional Economic Outlook for the Middle East and Central Asia and take questions from the audience during the Q&A portion of the event.
Published: 22nd Nov 2024 02:08:42 By: IMF
IMF Video: Перспективы развития региональной экономики стран Центральной Азии и Кавказа. Три важных факта
Директор Департамента стран Ближнего Востока и Центральной Азии МВФ Джихад Азур выделяет три ключевых факта, касающихся перспектив экономического развития стран Ближнего Востока и Северной Африки. С полным текстом доклада вы можете ознакомиться по ссылке: https://www.imf.org/ru/Publications/REO/MECA/Issues/2024/10/24/regional-economic-outlook-middle-east-central-asia-october-2024
Published: 21st Nov 2024 07:22:33 By: IMF
IMF Video: Central Asia and Caucuses Regional Economic Outlook: Three Essential Facts
Jihad Azour, IMF’s Director of the Middle East and Central Asia Department, outlines three key facts about the economic outlook for the Middle East and North Africa.
You can read the full report: https://www.imf.org/en/Publications/REO/MECA/Issues/2024/10/24/regional-economic-outlook-middle-east-central-asia-october-2024
Published: 21st Nov 2024 04:24:05 By: IMF
IMF Video: Opening Session - 12th IMF Statistical Forum: Measuring the Implications of AI on the Economy
Welcoming Remarks by Kristalina Georgieva, Managing Director, IMF.
Intro by Bert Kroese, Chief Statistician and Data Officer, and Director of the Statistics Department, IMF.
Opening Address: Embracing the future – navigating the opportunities and challenges of AI adoption
Published: 21st Nov 2024 03:25:27 By: IMF
World Economic Forum Video: First Wooden Satellite & Global South Energy Revolution | WEF | Top Stories of the Week
This week's top stories of the week include:
0:15 Wooden satellite may cut space junk – LignoSat, a revolutionary satellite made from magnolia wood, has been launched into space. This tiny cube, weighing just 900 grams, was developed by scientists at Kyoto University and has been transported to the International Space Station (ISS) aboard a SpaceX rocket. From the ISS, it will orbit Earth for six months, testing the durability of wood in the harsh environment of space.
2:07 Generative AI trends at work – As generative AI becomes more prevalent in the workplace users are finding some major trends in the results. The World Economic Forum and PwC surveyed more than 20 workplaces to find their biggest lessons from introducing GenAI.
4:25 World’s first hydrogen ferry – It carries up to 75 passengers from the city’s North Beach to downtown. The MV Sea Change ferry launched in July and for the first 6 months, it’s completely free. The Sea Change is powered by zero-emission hydrogen fuel cells. They generate electricity by combining hydrogen and oxygen. The only by-product is water vapour some of which is remineralized and used in the ferry’s water fountain.
6:29 Global South’s energy revolution – 1 in 5 emerging markets now have a larger share of renewables in their energy mix than the average developed country. Although developing economies are home to two-thirds of the world’s population they contain just 20% of the world’s fossil fuel production and reserves. Meanwhile, these economies hold 70% of the planet’s renewable energy potential.
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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: 30th Nov 2024 01:00:50 By: World Economic Forum
World Economic Forum Video: Strategic Outlook on Geopolitics
As the global order becomes increasingly fragmented, understanding the drivers of geopolitical shifts is essential for anticipating risks and opportunities in the year ahead.
How will emerging geopolitical trends shape the global landscape in 2025 and what strategies can nations and businesses adopt to navigate these complexities?
This session analyses the key geopolitical challenges and opportunities expected in the coming year and explores the implications for global stability.
This is the full audio from a discussion recorded at the World Economic Forum in Geneva on 22 November, 2024 for the World Economic Forum’s partners and digital members. To become a digital member, please visit: https://www.weforum.org/join-us/individuals/ or if your organization is already a Partner of the Forum, sign up for free using your company email domain.
Speakers:
Mirek Dušek, Managing Director, World Economic Forum
Suzanne Maloney, Vice President; Director of the Foreign Policy program, Brookings Institution
Keyu Jin, Professor of Economics, London School of Economics and Political Science
Jason Bordoff, Founding Director, Center on Global Energy Policy; Professor, School of International and Public Affairs, Columbia University
Check out all our podcasts on wef.ch/podcasts (http://wef.ch/podcasts) :
YouTube: (https://www.youtube.com/@wef/podcasts) - https://www.youtube.com/@wef/podcasts
Radio Davos (https://www.weforum.org/podcasts/radio-davos) - subscribe (https://pod.link/1504682164) : https://pod.link/1504682164
Meet the Leader (https://www.weforum.org/podcasts/meet-the-leader) - subscribe (https://pod.link/1534915560) : https://pod.link/1534915560
Agenda Dialogues (https://www.weforum.org/podcasts/agenda-dialogues) - subscribe (https://pod.link/1574956552) : https://pod.link/1574956552
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Published: 25th Nov 2024 12:35:14 By: World Economic Forum
World Economic Forum Video: Robot Conducts Orchestra & Europe’s Largest Marine Protected Area | WEF | Top Stories of the Week
This week's top stories of the week include:
0:14 Wind turbine repurposed into home – It’s built from the control box of a Vattenfall turbine which stood in an Austrian wind farm for 20 years. Most wind farm nacelles today are much larger. But a team from architecture collective Superuse Studios, working with Blade-Made, chose one of the smallest to prove that the concept of a tiny turbine home could work.
1:57 Robot makes its conducting debut – The 3-armed robot performed in a concert in Germany, leading the specially written Semiconductor’s Masterpiece. The piece features 3 wildly diverging time signatures. The orchestra’s artistic director says the robot is not intended to replace humans but to perform complex music too difficult for a person to conduct.
3:41 Europe’s largest Marine Protected Area – It covers almost 300,000 km2 of the ocean floor and encompasses several vulnerable marine ecosystems. Half the new MPA is fully protected, meaning no fishing or extractive activities are allowed. While the other half is highly protected which restricts activities like fishing.
6:41 4 ways to maximize cybersecurity – Cyber insecurity is one of the biggest risks facing the world. As technology evolves and spreads, cyber resilience becomes more important than ever. Cyber resilience is an organization’s ability to minimize the impact of significant cyber incidents on its primary goals and objectives.
_____________________________________________
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/
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#WorldEconomicForum
Published: 23rd Nov 2024 01:00:29 By: World Economic Forum
World Economic Forum Video: Why are humans going back to the Moon, and is there really life on Mars?
Space is back! No longer the reserve of a couple of superpowers, an increasing number of countries are getting involved, and the private sector is playing a greater role than ever.
On this episode, NASA Chief Economist Alexander MacDonald talks about plans to return to the Moon, and Pascale Ehrenfreund, president of the Committee on Space Research, explains why we are looking for life on Mars and beyond, and what that might look like.
Co-hosted by Nikolai Khlystov, Lead, Space Technology, World Economic Forum
Links:
Global Future Council on the Future of Space: https://www.weforum.org/communities/gfc-on-space/
Space: The $1.8 Trillion Opportunity for Global Economic Growth: https://www.weforum.org/publications/space-the-1-8-trillion-opportunity-for-global-economic-growth/
Centre for the Fourth Industrial Revolution: https://centres.weforum.org/centre-for-the-fourth-industrial-revolution/home
Related podcasts: Radio Davos
Life on Mars and the birth of the universe: why space exploration is vital to humanity (https://www.weforum.org/podcasts/radio-davos/episodes/0kyywmnhwvuoj6mlvxsn0f/)
Space - how advances up there can help life down here (https://www.weforum.org/podcasts/radio-davos/episodes/space-how-advances-up-there-can-help-life-down-here/)
How does Earth look from space? 'Like one big spaceship' - astronaut Matthias Maurer on Radio Davos (https://www.weforum.org/podcasts/radio-davos/episodes/how-does-earth-look-from-space-like-one-big-spaceship-astronaut-matthias-maurer-on-radio-davos/)
Meet the Leader
Meet the startup building the first commercial space station (https://www.weforum.org/podcasts/meet-the-leader/episodes/tejpaul-bhatia-space-economy-axiom/)
This former astronaut shares what’s key to building strong, effective teams (https://www.weforum.org/podcasts/meet-the-leader/episodes/soichi-noguchi-astronaut-build-effective-teams/)
What an astronaut can teach leaders about collaboration and aiming high (https://www.weforum.org/podcasts/meet-the-leader/episodes/matthias-maurer-esa-space-collaboration/)
From space to the ocean's depths - how a space CEO and explorer approaches risk (https://www.weforum.org/podcasts/meet-the-leader/episodes/dylan-taylor-voyager-space-risk-leadership/)
European space chief on speaking to inspire - and making big change possible (https://www.weforum.org/podcasts/meet-the-leader/episodes/space-chief-build-support-and-make-big-change-possible/)
Astra’s Chris Kemp: Thinking ‘mission first’ - and building a free space economy (https://www.weforum.org/podcasts/meet-the-leader/episodes/astra-s-chris-kemp-thinking-mission-first-and-building-a-free-space-economy/)
All Forum podcasts:
Check out all our podcasts on wef.ch/podcasts (http://wef.ch/podcasts) :
YouTube: https://www.youtube.com/@wef
Radio Davos (https://www.weforum.org/podcasts/radio-davos) - subscribe (https://pod.link/1504682164) : https://pod.link/1504682164
Meet the Leader (https://www.weforum.org/podcasts/meet-the-leader) - subscribe (https://pod.link/1534915560) : https://pod.link/1534915560
Agenda Dialogues (https://www.weforum.org/podcasts/agenda-dialogues) - subscribe (https://pod.link/1574956552) : https://pod.link/1574956552
Join the World Economic Forum Podcast Club (https://www.facebook.com/groups/wefpodcastclub) : https://www.facebook.com/groups/wefpodcastclub
Published: 21st Nov 2024 05:37:51 By: World Economic Forum
World Economic Forum Video: 13 top leaders from IKEA, Microsoft and more share the advice they're grateful for
What's a piece of advice that changed you for the better? In this special episode of Meet The Leader, top leaders from Microsoft, to IKEA to the International Monetary Fund and more share the feedback that was so meaningful and compelling they'd applied it throughout their careers. Learn the tough moments and powerful feedback that led to turning points and transformations, nudging leaders to reflect, change course, listen in new ways and change how they react to scale their impact. Transcript: https://www.weforum.org/podcasts/meet-the-leader/episodes/leaders-advice-grateful-for-microsoft-ikea-hpe
Featured in this episode: Olajumoke Adekeye, Founder, Young Business Agency
Tejpaul Bhatia, CRO, Axiom Space
Ulrika Biesert, CHRO, Ingka Group / IKEA
Kristalina Georgieva, Managing Director, International Monetary Fund
Daphne Koller, CEO, insitro
Annette Mosman, CEO, APG
Nigina Muntean, Chief of Innovation, UNFPA
Sander van 't Noordende, CEO, Randstad
Christopher Oakes, CEO, Reefgen
Madison O'Brien, Customer Success and Community Lead, Teamgage
Alexi Robichaux, CEO, Better Up Fidelma Russo, CTO, Hewlett Packard Enterprise
Brad Smith, Vice Chair and President, Microsoft
Published: 20th Nov 2024 07:59:37 By: World Economic Forum
Business Video: Netflix documentary reveals the dark side of overconsumption
CNN's Fredricka Whitfield speaks with Flora Bagenal, the producer of a new Netflix documentary called "Buy Now! The Shopping Conspiracy" that unpacks the dark side of overconsumption. #CNN #News
Published: 30th Nov 2024 10:22:40 By: CNN
Business Video: McLaren Racing CEO Zak Brown talks about F1 team’s quest for success
McLaren Racing CEO Zak Brown speaks with CNN’s Richard Quest and shares how McLaren’s Formula One team has improved its performance in the last few years as they battle for the 2024 F1 constructors’ championship. #CNN #News #McLaren #F1
Published: 29th Nov 2024 11:19:30 By: CNN
Business Video: Mark Zuckerberg has private meeting with Trump at Mar-a-Lago
Mark Zuckerberg met with Donald Trump at his Mar-a-Lago resort in Palm Beach, Florida, the latest sign of the Meta chief’s warming up to the president-elect ahead of his second term. #CNN #News
Published: 28th Nov 2024 04:25:15 By: CNN
Business Video: Trump promises massive tariff hikes on goods from Mexico, Canada and China on Day 1
President-elect Donald Trump promised massive hikes in tariffs on goods coming from Mexico, Canada and China starting on the first day of his administration, a policy that could sharply increase costs for American businesses and consumers. A panel of experts join CNN’s Kaitlan Collins to discuss. #CNN #News
Published: 26th Nov 2024 03:09:13 By: CNN
Business Video: ‘Same feeling I got when my kids were born’: Emily Calandrelli on seeing Earth from space
TV host Emily Calandrelli describes what it was like seeing Earth from space and how the experience reminded her of childbirth. The MIT engineer became the 100th woman to venture into space, as one of six tourists onboard a launch by Jeff Bezos’ aerospace company Blue Origin. This was the company's ninth human spaceflight on a rocket used for space tourism. #CNN #News
Sun, 01 Dec 2024 06:54:00 GMT The combination of a declining currency and a ballooning budget deficit has led to talk of a hard landing for the Russian economy in 2025. After two years of strong growth, which has confounded many ...
Fri, 29 Nov 2024 01:19:00 GMT The Russian rouble will strengthen when temporary speculative factors and market nervousness are gone, but the economy will need to adapt to new U.S. sanctions targeting the banking sector, Economy ...
Thu, 28 Nov 2024 06:28:34 GMT The Russian ruble has experienced a sharp fall in value against the U.S. dollar, weakened in recent days by the U.S. Treasury's imposition of fresh sanctions on dozens of Russian banks, including the ...
Thu, 28 Nov 2024 02:54:00 GMT The war he started in 2022 by invading Ukraine, he implied, was another such moment. “We are witnessing the formation of a completely new world order, nothing like we have had in the past, such as the ...
Mon, 18 Nov 2024 07:02:00 GMT Russia is paying $2,000 a month for each North Korean soldier, per reports. But the soldiers, who could number 100,000, probably won't see any of it.