“It’s a hard day,” read the email subject line to Shelly Little from her bosses at Carvana, an online used car retailer. The note signalled Little was one of almost 2,500 staff laid off from the US-based company this week, in a mood described by another employee as “mass hysteria”. Since the start of the… Source:www.ft.com Original Image Link
With the global outlook increasingly shaped by the war in Ukraine and sanctions on Russia, what are the implications for the Middle East and North Africa? How is the war’s impact exacerbating the challenges already posed by the COVID pandemic? How can countries in the region navigate this uncertain economic environment while also making progress toward a more resilient, inclusive, and greener future?
We discuss this and more in collaboration with the Dubai International Financial Centre (DIFC).
Published: 24th May 2022 12:47:20 By: IMF
IMF Video: Good Governance in Sub-Saharan Africa: Opportunities and Lessons
Join us for the virtual launch of the IMF book Good Governance in Sub-Saharan Africa: Opportunities and Lessons, on Thursday, May 19 at 11:00 AM in Washington D.C (3:00 PM GMT).
The discussion will focus on the state of good governance in the region and what reforms countries can implement to improve governance, transparency, and the fight against corruption.
Published: 19th May 2022 04:36:41 By: IMF
IMF Video: Charting a New Path Forward Amid a New Economic Shock in the Caucasus and Central Asia
With the Caucasus and Central Asia's strong linkages to Russia and exposure to spillovers from the war in Ukraine, what are the implications of this shock for the region? How is the war's impact exacerbating the challenges already posed by the COVID pandemic? How can countries in the region navigate this uncertain economic environment while also making progress toward a more resilient, inclusive, and greener future?
A panel of distinguished speakers consider these and other issues explored in the IMF's newly released Regional Economic Outlook: Middle East and Central Asia in a discussion moderated by Dan Murphy, Anchor and Correspondent, CNBC.
Published: 19th May 2022 11:35:34 By: IMF
IMF Video: How African Countries Can Navigate the Turbulent Global Economy
Inflation is on the increase around the world, with food and energy prices hitting record highs. The rise has been driven in large part by pent-up consumer demand after the pandemic and the Russian invasion of Ukraine. UBS Chief Economist Paul Donovan explains why inflation is high and when we can expect that to ease.
Read more: https://www.weforum.org/agenda/2022/05/inflation-rising-economist-explains
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: 24th May 2022 07:00:01 By: World Economic Forum
Davos Video: Preparing for the Next Pandemic | Davos | #WEF22
Roughly one novel human pathogen emerges every year and any one of them could turn out to be the next pandemic.
How can the public and private sectors work together to protect lives and livelihoods?
This session was developed in partnership with Fast Company.
Speakers: Stephanie Mehta, Peter Sands, Bill Gates, Francis deSouza, Helen E. Clark, Paul Kagame
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: 24th May 2022 06:08:02 By: World Economic Forum
Davos Video: A Conversation with Satya Nadella, CEO of Microsoft | Davos | #WEF22
A conversation with Microsoft Chief Executive Officer Satya Nadella.
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: 24th May 2022 04:15:51 By: World Economic Forum
Davos Video: A Conversation with Susan Wojcicki, CEO of YouTube | Davos | #WEF22
A conversation with YouTube Chief Executive Officer Susan Wojcicki.
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: 24th May 2022 03:51:55 By: World Economic Forum
Davos Video: Latin America Presidential Panel | Davos | #WEF22
Latin America continues to be affected by social unrest and economic challenges against a backdrop of political polarization and policy uncertainty.
How can leaders in the region mend political fractures and cooperate decisively to address structural weaknesses and ensure long-term prosperity?
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: 24th May 2022 03:01:21 By: World Economic Forum
Economic Video: Snap earnings warning ripples across tech stocks
#Snap #Snapwarnings #YahooFinance
Yahoo Finance's Emily McCormick examines the tech sector in relation to Snap's plummeting shares and lowered guidance.
Don't Miss: Valley of Hype: The Culture That Built Elizabeth Holmes
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Published: 24th May 2022 07:39:38 By: Yahoo Finance
Economic Video: Stocks: Dow turns positive as Nasdaq remains under pressure
#Stock #DowJones #Nasdaq #YahooFinance
Yahoo Finance's Ines Ferre details the market and sector actions at today's close, including social media stocks like Snap, Nasdaq leaders, apparel stocks, and meme stocks.
Don't Miss: Valley of Hype: The Culture That Built Elizabeth Holmes
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Watch the 2021 Berkshire Hathaway Annual Shareholders Meeting on YouTube:
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Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb
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At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life.
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Published: 24th May 2022 09:26:18 By: Yahoo Finance
Economic Video: Airbnb to shut domestic business in China
Airbnb is shutting its domestic business in China, joining a long list of Western internet platforms that have opted out of the Chinese market.
#News #Reuters #Airbnb #China #business
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Published: 24th May 2022 08:41:29 By: Reuters
Economic Video: Best Buy reported better than expected revenue as sales declined in Q1
#BestBuy #Stock #Q1
Yahoo Finance Live anchors Julie Hyman and Jared Blikre break down Best Buy earnings.
Don't Miss: Valley of Hype: The Culture That Built Elizabeth Holmes
WATCH HERE:
https://youtu.be/Sb179GLPNYE
Watch the 2021 Berkshire Hathaway Annual Shareholders Meeting on YouTube:
https://youtu.be/gx-OzwHpM9k
Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb
About Yahoo Finance:
At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life.
Yahoo Finance Plus: With a subscription to Yahoo Finance Plus get the tools you need to invest with confidence. Discover new opportunities with expert research and investment ideas backed by technical and fundamental analysis. Optimize your trades with advanced portfolio insights, fundamental analysis, enhanced charting, and more.
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Published: 24th May 2022 02:26:52 By: Yahoo Finance
Economic Video: Ripple CEO: There are some crypto tokens focused on solving problems
The race to resume supersonic passenger flights nearly two decades after the retirement of Concorde was offered a glimmer of excitement when plane manufacturer Bombardier revealed high speed achievements while confirming the launch of its new business jet. The Canadian company said the in-development Global 8000 will be "the world's fastest and longest-range purpose-built business jet." #CNN #News
Published: 24th May 2022 05:54:03 By: CNN
Business Video: Global economy is ‘out of balance’ says World Economic Forum Founder
The 2022 World Economic Forum in Davos, Switzerland, is a consequential and serious one because "we are at the turning point of history," says Klaus Schwab, Founder and Executive Chairman of the WEF. Schwab tells CNN's Richard Quest that creating coordinated responses to global challenges is key. #CNN #News
Published: 24th May 2022 12:16:45 By: CNN
Business Video: See Russian merchant ship's journey across Mediterranean with stolen grain
A food crisis looms in Ukraine as Russia continues to block Ukrainian grain exports, skyrocketing the price of grain to $400 per ton on the world market. President Volodymyr Zelensky calls this 'food terrorism.' CNN's Isa Soares reports. #CNN #News
Published: 19th May 2022 12:59:39 By: CNN
Business Video: Why is there a baby formula shortage?
The European Union Commission announced a €210 billion plan ($221 billion) to boost the bloc’s target for renewable energy from 40% to 45% by 2030, as part of efforts to move away from Russian hydrocarbons. CNN’s Anna Stewart reports. #CNN #News
Published: 18th May 2022 03:07:28 By: CNN
Markets Finance Video: Goldman's Koch Sees Tech Facing 'Cyclical Carnage'
Katie Koch, CIO of public markets equity at Goldman Sachs, says private markets discounting bad news on technology is "still a couple of quarters away," as she sees "exceptional" long-term opportunity in the sector. She speaks with Francine Lacqua at the World Economic Forum's annual meeting on "Bloomberg Surveillance Early Edition."
Published: 24th May 2022 09:45:26 By: Bloomberg Markets and Finance
Snap Inc. said it will report revenue below the low end of its guidance. And Chief Executive Officer Evan Spiegel sent staff an internal memo warning of a hiring slowdown in response to a "challenging macroeconomic environment." Juliette Saly reports on Bloomberg Television.
Published: 24th May 2022 07:01:05 By: Bloomberg Markets and Finance
Markets Finance Video: Where's the Bottom for the S&P 500?
Get ready for a fresh slump in the world’s most-watched stock index, as economic growth fears spiral and the Federal Reserve embarks on its biggest policy-tightening campaign in decades. With the S&P 500 flirting with a bear market last week and notching more than $1 trillion in losses, participants in the latest MLIV Pulse survey reckon there’s more pain to come.
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Published: 24th May 2022 02:14:04 By: Bloomberg Markets and Finance
Markets Finance Video: There's No Place to Hide in Bonds: Margie Patel
Margaret Patel, senior portfolio manager at Allspring Global Investments, discuses the state of the bond market and says, "corporate bonds, especially high-yield, are really pretty attractive on a risk/reward basis," for investors looking for income. She speaks on "Bloomberg Surveillance."
Published: 23rd May 2022 08:51:06 By: Bloomberg Markets and Finance
Markets Finance Video: Furman: 20% Chance of a Recession For Next Year
Jason Furman, Professor at the Harvard Kennedy School and Former Chairman of the US Council of Economic Advisors discusses recession risks, potential persistent inflation and the Fed's ability to fight it
Watch Tom Keene, Jonathan Ferro and Lisa Abramowicz on "Bloomberg Surveillance" for the conversations that power your day on Bloomberg TV, Bloomberg Radio and on the Surveillance podcast: https://trib.al/Ym3TxyA
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Published: 23rd May 2022 01:29:52 By: Bloomberg Markets and Finance
Thu, 19 May 2022 20:41:00 GMT Tech industry groups are urging the Supreme Court to block a Texas law barring social media companies from removing posts or banning users based on political viewpoints ...
Thu, 19 May 2022 02:25:00 GMT An unlikely group of allies — made up of tech industry groups and advocacy organizations that are usually on opposing battle lines — is forming a joint front to push back on a newly instated Texas law ...
Mon, 16 May 2022 11:34:00 GMT An open letter signed by 28 non-profit groups accuses the technology of being manipulative, discriminatory, rooted in pseudoscience, and a data integrity risk.
Fri, 13 May 2022 21:47:00 GMT Privately held companies are being forced to readjust expectations on valuations, access to funding and appetite for risk-taking among venture capitalists that may no longer throw caution to the wind.
Wed, 11 May 2022 16:17:00 GMT In one of the nation’s richest states, many of the more than 800,000 Latinos in Massachusetts are struggling to deal with threats of social and economic hardship and unequal educational opportunities ...
