Description: 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 IMF.org/climate and 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: 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
World Economic Forum Video: State of Gen AI: Views from the Frontier
One year has passed since generative AI started captivating the public imagination and making headlines across the globe. What are the key reflections from the year before and what are some of the emerging capabilities that will shape the future?
Published: 15th Nov 2023 08:21:12 By: World Economic Forum
Bloomberg's Caroline Hyde and Ed Ludlow break down Tesla's release of the Cybertruck after years of development delays and manufacturing snags. Plus, OpenAI sticks with its plan of a tender offer, and X CEO Linda Yaccarino backs Elon Musk after his insults to brands backing away from the platform.
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Published: 1st Dec 2023 10:02:38 By: Bloomberg Technology
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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Published: 1st Dec 2023 04:55:21 By: MSNBC
Economic Video: Fed Chair Powell on rate cuts: 'We are prepared to tighten policy if it becomes appropriate'
Federal Reserve Chair Jerome Powell talked about regulators' interest rate outlook in a speech at Spelman College on Friday, calling rate cuts a "premature" notion currently.
Chicago Booth Professor and Former Fed Governor Randall Kroszner highlights certain misconceptions on rate cuts being taken from Powell's comments as the Fed continues fighting toward its inflation target.
"It's going to take a while to get anywhere close to 2%, and I don't think they're cutting any time in advance of getting very close to that 2% goal," Kroszner explains.
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Published: 1st Dec 2023 09:39:54 By: Yahoo Finance
Pfizer stops developing its experimental weight-loss pill. More than half of patients in the study had to stop taking danuglipron due to nausea and vomiting, according to a statement Friday. The shares dropped 3.4% in trading before US markets opened.
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Published: 1st Dec 2023 12:40:15 By: Bloomberg Television
At least 117 people in 34 states have been sickened in a salmonella outbreak linked to cantaloupe, the U.S. Centers for Disease Control and Prevention said Thursday.
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Published: 2nd Dec 2023 01:15:18 By: CBS Evening 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
Thu, 30 Nov 2023 07:45:00 GMT An ex-Goldman Sachs Group Inc. analyst struck insider trades in ARM Holdings Plc and five other stocks reaping more than £140,000 ($179,850) along with his City lawyer brother, prosecutors said at the ...
Tue, 28 Nov 2023 15:00:00 GMT Bank of America, which had a net outflow of 55 staffers, and Wells Fargo, which saw its headcount fall by 130 people leave, have also been targeted.
Thu, 16 Nov 2023 07:54:00 GMT A new report from Georgetown University’s Center on Education and the Workforce projects that by 2031, 72% of jobs in the country will require a college degree or some sort of post-secondary training.
Wed, 15 Nov 2023 10:02:00 GMT Hi, it’s Emma Sanchez in New York. I spoke to a former Goldman Sachs partner-turned private equity founder with an eye on franchisees. Also, SpaceX weighs a spin-off of Starlink and Wells Fargo trims ...
Wed, 08 Nov 2023 03:29:00 GMT confirms Reuters report FRANKFURT, Nov 8 (Reuters) - Bayer (BAYGn.DE) is considering breaking apart from its consumer health or crop science divisions, it said on Wednesday, as new CEO Bill ...