California Gov. Gavin Newsom proposes slashing 10,000 vacant state jobs and other cuts to close $27.6 billion deficit Original Image Link Source:abcnews.go.com
Is the global economy in a sticky spot?
Join Chief Economist Pierre-Olivier Gourinchas, Petya Koeva Brooks, and Jean-Marc Natal for our latest projections and analysis of the global economy on Tuesday, July 16 at 9:00 AM ET. Don't miss it! Join Chief Economist Pierre-Olivier Gourinchas, Petya Koeva Brooks, and Jean-Marc Natal for our latest projections and analysis of the global economy on Tuesday, July 16 at 9:00 AM ET. Don't miss it! https://www.imf.org/en/Publications/WEO/Issues/2024/07/16/world-economic-outlook-update-july-2024?cid=sm-com-ig-WEOET2024004
Published: 17th Jul 2024 01:49:57 By: IMF
IMF Video: World Economic Outlook Update | July 2024
The global economy continues to show resilience, defying fears of stagflation or recession. Our growth projections remain unchanged from April at 3.2% in 2024 and 3.3% in 2025. The World Economic Outlook Update discusses the challenges and recommendations for policymakers.
Read the report: https://www.imf.org/en/Publications/WEO/Issues/2024/07/16/world-economic-outlook-update-july-2024?cid=sm-com-ig-WEOET2024004
Published: 16th Jul 2024 01:00:23 By: IMF
IMF Video: 80 Years of the IMF: A Helping Hand in Good Times and Bad
The International Monetary Fund has been at the forefront of global economic cooperation for 80 years. From our founding at Bretton Woods to today's complex challenges, we have adapted our tools and expertise to support our 190 member countries. Our mission remains the same: bringing prosperity to the world through financial cooperation, sustainable growth, and inclusive economic policies. In a fast-changing world, the IMF is there to help economies grow so that everyone can prosper.
Published: 2nd Jul 2024 07:31:39 By: IMF
IMF Video: Press Conference: Update on the U.S. Economy, June 2024
This week's top stories of the week include:
0:15 Start-up turns greenhouse gas to food – Bangalore-based start-up String Bio uses methane as its raw material. This methane is either extracted from natural gas or captured as biogas emitted by food waste. String Bio adds bacteria to the methane in a fermenting vessel where the microbes convert the gas into a protein-rich biomass. This end product can be turned into food for animals and plants.
1:48 How to build a mental health-friendly city – There is a growing crisis in youth mental health across the world at the same time as rapid urbanization. Pamela Collins and her team consulted experts on urban planning, mental health, and most importantly, young people. Here are 4 things they found cities need to support mental health.
5:51 This AI tutor empowers learning – It draws on the wisdom of China’s ‘best teachers’ to create lessons specific to each student. China suffers from large disparities in education. Squirrel Ai’s open-access learning aims to level the playing field.
9:46 3 ways climate change affects kids health – By 2050, climate change will place immense strain on global healthcare systems causing 14.5 million deaths and $12.5 trillion in economic losses. How can we protect children from extreme heat?
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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: 27th Jul 2024 12:00:05 By: World Economic Forum
World Economic Forum Video: How chemicals companies are joining forces to become more sustainable
Incubated at the World Economic Forum, the Global Impact Coalition (GIC) is an organisation that pools the resources of major chemicals companies to develop ways of making their industry more sustainable.
We hear from Charlie Tan, CEO of the GIC, and from two technical experts at the GIC's Research and Development Hub at Netherlands-based research centre TNO.
Speakers:
Jan Harm Urbanus, Lead Scientist Circular Plastics, TNO
Hella Koops, Senior Project Manager and Cluster Lead Circular Plastics, TNO
Charlie Tan, CEO, Global Impact Coalition
Links:
Centre for Energy and Materials - World Economic Forum: https://centres.weforum.org/centre-for-energy-and-materials/
GIC: https://globalimpactcoalition.com/
TNO: https://www.tno.nl/en/
Related podcasts:
What are the 'positive tipping points' that could help us accelerate out of climate disaster? (https://www.weforum.org/podcasts/radio-davos/episodes/climate-change-positive-tipping-points-tim-lenton/)
Where are the innovations that can make mining more sustainable? (https://www.weforum.org/podcasts/radio-davos/episodes/sustainable-mining-uplink/)
Advanced Energy Solutions: scaling up the tech that can help us get to net zero (https://www.weforum.org/podcasts/radio-davos/episodes/advanced-energy-solutions-2024/)
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
Join the World Economic Forum Podcast Club (https://www.facebook.com/groups/wefpodcastclub) : https://www.facebook.com/groups/wefpodcastclub
Published: 25th Jul 2024 11:35:05 By: World Economic Forum
World Economic Forum Video: AMNC - Where Is Globalization Headed?
While some supply chains have held up better than feared since the pandemic, in the years following 2008 global trade growth has stagnated as governments and companies have progressively been seeking to diversify. Hear this session to learn about recent trends in globalization and what the current landscape means for the future.
This is the full audio from a session at the Annual Meeting of the New Champions (AMNC24) on June 26, 2024. Watch it here: https://www.weforum.org/events/annual-meeting-of-the-new-champions-2024/sessions/where-is-globalization-headed/
Speaker:
Adam Tooze, Director, European Institute, Columbia University
Links:
Annual Meeting of the New Champions - Next Frontiers for Growth, 25–27 June, 2024, Dalian, China: wef.ch/amnc24 (https://www.weforum.org/events/annual-meeting-of-the-new-champions-2024/)
Centre for the New Economy and Society: https://centres.weforum.org/centre-for-new-economy-and-society/home
Podcasts:
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
Join the World Economic Forum Podcast Club (https://www.facebook.com/groups/wefpodcastclub) : https://www.facebook.com/groups/wefpodcastclub
Published: 22nd Jul 2024 05:25:40 By: World Economic Forum
World Economic Forum Video: Tech Classes Empower Seniors & Japan's Underground Freight Project | WEF | Top Stories of the Week
5:41This week's top stories of the week include:
0:15 Tech classes empower seniors – GetSetUp broadcasts live online classes, by older people, for older people. Classes are bite-sized, interactive and optimized for those with hearing and seeing difficulties. There’s a strong emphasis on community building, helping users feel less lonely while giving them the tools they need to access vital services such as banking and healthcare.
1:45 Top 10 most efficient ports – More than 80% of global trade is transported via sea. Ports are critical nodes in global supply chains and drivers of economic growth. But they take a toll on the environment through greenhouse gas emissions and air and water pollution. Making ports more efficient boosts their economic benefits and shrinks their carbon footprint.
3:59 Japan's underground freight project – It would run between Tokyo and Osaka, carrying the same amount of cargo every day as 25,000 trucks. It would have 3 main benefits, reducing traffic congestion, cutting transport emissions and tackling Japan’s growing labour shortage.
5:41 How mining shapes our world – The need for clean energy technologies is increasing demand for critical minerals but concerns over harmful extraction processes abound. Jason Bordoff is an expert in global energy policy. He says the energy transition is one of the greatest economic opportunities since the Industrial Revolution.
_____________________________________________
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: 20th Jul 2024 12:00:06 By: World Economic Forum
World Economic Forum Video: "The Centre Must Hold" - what role can centrist politics play in a polarised world?
As populists are on the rise in many countries, how should the moderates respond? We hear from Yair Zivan, the author of a new book called "The Centre Must Hold", who argues that centrism is more than just the mid-point between two extremes, and can be a radical force for good.
Links:
“The Centre Must Hold: Why Centrism is the Answer to Extremism and Polarisation,” edited by Yair Zivan: https://eandtbooks.com/books/the-centre-must-hold/
Essay by World Economic Forum President Borge Brende: Why a centrist approach can restore global cooperation (https://www.weforum.org/agenda/2024/06/why-a-centrist-approach-can-restore-global-cooperation/)
The Second Coming, poem by WB Yeats: https://www.poetryfoundation.org/poems/43290/the-second-coming
Related podcasts:
Global Risks Report: the big issues facing leaders at Davos 2024 (https://www.weforum.org/podcasts/radio-davos/episodes/global-risks-report-davos-2024/)
Ian Bremmer, Rachel Botsman and Azeem Azhar: 3 experts on the state of the world in 2024 (https://www.weforum.org/podcasts/radio-davos/episodes/risk-trust-geopolitics-2024-bremmer-botsman-azhar/)
Why it's time for the 'middle powers' to step up on geopolitics (https://www.weforum.org/podcasts/radio-davos/episodes/gfc-geopolitics-middle-powers/)
Democracy can’t flourish if women are excluded: Nazanin Boniadi on Iran at Davos 2023 (https://www.weforum.org/podcasts/radio-davos/episodes/davos-2023-women-iran-nazanin-boniadi/)
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
Join the World Economic Forum Podcast Club (https://www.facebook.com/groups/wefpodcastclub) : https://www.facebook.com/groups/wefpodcastclub
Published: 18th Jul 2024 06:54:21 By: World Economic Forum
Economic Video: Salesforce shares sink on mixed Q1 results
Nicole Webb, Wealth Enhancement Group SVP, and Charlie Bobrinskoy, Ariel Investments vice chairman, joins 'Closing Bell Overtime' to talk the day's market action and Salesforce earnings.
Published: 29th May 2024 09:02:44 By: CNBC Television
Economic Video: American Airlines sued for alleged racial discrimination
A group of Black men who were removed from their seats on a crowded American Airlines flight from Phoenix to JFK airport is suing the airline company for racial discrimination.
Published: 29th May 2024 10:17:03 By: PIX11 News
Economic Video: McDonald’s President speaks out on inflation and pricing
BHP Group's five-week pursuit of its small rival Anglo American is likely over after the Australian mining company's request for more time to discuss a takeover was rejected.
#News #Reuters #Newsfeed #angloamerican #bhp
Read the story here: https://reut.rs/3KnvbCc
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Published: 29th May 2024 04:50:38 By: Reuters
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
Published: 19th Jul 2024 02:40:59 By: CNN
Business Video: Cyber outage disrupts globe. Expert explains how long it could take to fix
A major global cyber outage appears to be disrupting businesses, airports, and government services around the world. All flights from several major US airlines were grounded due to a communication issue, the Federal Aviation Administration says. Microsoft says it is investigating an issue preventing users from accessing its apps and services. #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!
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Published: 19th Jul 2024 01:31:39 By: CNN
Business Video: Nearly all AT&T cell customers’ call and text records exposed in a massive breach
The call and text message records of tens of millions of AT&T cellphone customers and many non-AT&T customers in mid-to-late 2022 were exposed in a massive data breach, the telecom company revealed. CNN’s Matt Egan reports. #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: 12th Jul 2024 06:00:29 By: CNN
Business Video: ‘So creepy’: Inside CNN’s investigation of Airbnb’s hidden camera problem
For these renters, hidden cameras at their Airbnbs have spiraled into nightmares. CNN’s Kyung Lah investigates how the company keeps its hidden camera problem quiet. #cnn #news
Sat, 27 Jul 2024 05:00:00 GMT Napa officials and homeless services share their reaction to Gavin Newsom's executive order that urges state agencies to remove homeless encampments from the streets.
Fri, 26 Jul 2024 19:59:00 GMT In his 2018 campaign, Gov. Gavin Newsom said he would create 500,000 new apprenticeships in the decade after taking office. So far, the state has registered more than 180,000 new apprenticeships. Many ...
Fri, 26 Jul 2024 11:28:00 GMT SACRAMENTO, Calif. — California Gov. Gavin Newsom issued an executive order Thursday to direct state agencies on how to remove homeless encampments, a month after a Supreme Court ruling allowing ...
Fri, 26 Jul 2024 08:24:00 GMT The state has been hard at work to address this crisis on our streets,'' Newsom said. "There are simply no more excuses.'' ...
Fri, 26 Jul 2024 03:05:00 GMT Gov. Gavin Newsom ordered California state officials on Thursday to begin dismantling thousands of homeless encampments, the nation’s most sweeping response to a recent Supreme Court ruling that gave ...