The September jobs report will be pivotal for markets because it holds implications for future Fed interest rate policies. Original Image Link Source:www.forbes.com
On Wednesday, October 16 at 09:00 AM ET, we will release new research on the recent global inflation surge. Our analysis explores how supply chain disruptions and demand shifts fueled inflation, and examines the impact of monetary tightening.
Join IMF economists Emine Boz and Jorge Alvarez in conversation with Yahoo Finance's Brian Sozzi as they discuss key findings and their implications for future monetary policy. https://www.imf.org/en/Publications/WEO/Issues/2024/10/22/world-economic-outlook-october-2024?cid=sm-com-ig-AM2024-WEOEA2024002
Published: 14th Oct 2024 08:12:44 By: IMF
IMF Video: Understanding the Social Acceptability of Structural Reforms
How can policymakers build support for economic reforms?
Join us on Wednesday, October 16, at 11:00 AM ET for the launch of our new research and a panel discussion.
IMF's Bertrand Gruss will unveil our new research and speak with Ana Patricia Muñoz of the International Budget Partnership and Michael Hallsworth of Behavioral Insights. The panel will be moderated by Reuters' Rodrigo Campos. https://www.imf.org/en/Publications/WEO/Issues/2024/10/22/world-economic-outlook-october-2024?cid=sm-com-ig-AM2024-WEOEA2024002
Published: 14th Oct 2024 08:04:18 By: IMF
IMF Video: Macrofinancial Stability Amid High Global Economic Uncertainty
A panel discussion on Chapter 2 of our latest Global Financial Stability Report (GFSR) with:
- Mario Catalan, Deputy Division Chief, Monetary and Capital Markets Department, IMF
- Andrea Deghi, Financial Sector Expert, Monetary and Capital Markets Department, IMF
- José de Gregorio, Dean of the School of Economics and Business at the University of Chile, and former Governor of the Central Bank of Chile and former Minister of Economy, Mining, and Energy in Chile
- Moderator: Jeanna Smialek, Reporter, New York Times
This week's top stories of the week include:
0:15 World’s Largest Green Hydrogen Site – It creates hydrogen using renewable energy generated by local wind and solar farms. It stores the hydrogen as green ammonia, making it safer and easier to transport. Envision is building the facility in Chifeng, China.
1:36 Climate Change Costs Africa 5% GDP – Droughts and heavy flooding are hitting food production hard. This is driving up prices and damaging supply chains while desertification and habitat destruction are driving people from their homes. Africa suffers disproportionately from the impacts of climate change.
3:58 Hungry farmers, feed our world – The global food system is worth around $15 trillion, roughly 16% of global GDP. But despite it being one of the planet’s richest industries, farmers are often shut out of the wealth. This expert explains why food systems need to change.
9:09 Is the global economy stabilizing? – Indermit Gill is the Chief Economist of the World Bank. In the US, nearly 9 in 10 chief economists expect moderate or strong growth in the year ahead while 70% predict strong or very strong growth in South Asia. However, Gill says it’s important to put this growth into context.
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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: 12th Oct 2024 12:00:43 By: World Economic Forum
World Economic Forum Video: Can climate action survive geopolitical upheaval?
Wars, trade tensions and elections around the world are testing humanity's ability to tackle climate change.
Two experts from the World Economic Forum's Global Future Council on the Future of Geopolitics look at the diplomacy and real-world reality of climate change politics and economics, with a particular focus on the global South.
This episode is published to coincide with the Annual Meeting of the Global Future Councils, find out more here: https://www.weforum.org/events/annual-meeting-of-the-global-future-councils-2024/
Guests:
Arun Sharma, senior advisor to the Chairman, Adani Group
Varun Sivaram, Senior Fellow for Energy and Climate, Council on Foreign Relations
Co-host:
Jessica Margolis, Lead, Geopolitical Agenda, World Economic Forum
Links:
The World Economic Forum’s network of Global Future Councils: https://www.weforum.org/communities/global-future-councils/ Global Future Council on the Future of Geopolitics: https://www.weforum.org/communities/gfc-on-geopolitics/
Shaping Cooperation in a Fragmenting World: https://www.weforum.org/publications/shaping-cooperation-in-a-fragmenting-world/
Related podcasts:
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/)
How do we ensure the green transition doesn't penalise the poorest? (https://www.weforum.org/podcasts/radio-davos/episodes/equitable-transition-climate/)
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: 10th Oct 2024 07:58:48 By: World Economic Forum
World Economic Forum Video: SDIM24: Innovation for Decarbonization: Industry's Transition
From mining to manufacturing, achieving a successful energy transition and net-zero emissions will require industries to accelerate their pace of decarbonization.
What new innovations and technologies can make decarbonization more efficient, cost-effective and scalable?
This session was recorded live September 23, 2024 during the World Economic Forum’s Sustainable Development Impact Meetings.
Speakers: Sadaf Hosseini Head of Growth, Partnerships and Innovation Ecosystems, UpLink, World Economic Forum
Vivek Salgaocar Managing Director and Founder, Prospect Innovation PTE LTD
Melissa C. Lott Professor, Climate School, Columbia University
Barinder Rasode CEO and Co-Founder, Tersa Earth Innovations
Published: 7th Oct 2024 10:29:42 By: World Economic Forum
World Economic Forum Video: What’s Next for Climate Action & Chief Economists’ Outlook | WEF | Top Stories of the Week
This week's top stories of the week include:
0:15 What’s next for urgent climate action? – At the Sustainable Development Impact Meetings in New York, leaders discussed how to curb carbon emissions while building an inclusive economy. Regulations can be a lever for systemic change but local innovation is crucial, too.
3:09 Solar stoves reduce air pollution deaths – It cooks food while emitting hardly any smoke. It uses a hybrid system, powered by energy from solar panels and from fuel such as small sticks or crop waste. The ACE One was created by African Clean Energy which is a part of the World Economic Forum’s Equitable Transition Initiative.
5:08 Chief economists’ outlook for the rest of 2024 – Many chief economists polled by the World Economic Forum are optimistic about 2025. In the United States, nearly nine in ten chief economists anticipate moderate or strong growth in the coming year. Similarly, in South Asia, 71% predict strong or very strong growth.
9:33 Earth exceeds 6 of 9 planetary boundaries – In 2009, a team of scientists identified the 9 natural processes that regulate Earth’s biosphere and keep it stable. These include climate change, biodiversity, ocean acidification and freshwater. The team also defined the safe planetary boundary for each process. A safe and sustainable future for humanity lies within these boundaries.
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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.
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: 5th Oct 2024 12:01:06 By: World Economic Forum
World Economic Forum Video: SDIM24 - AI for Global Good
Generative AI holds the potential to transform a broad range of economic activities and to help address the world's most pressing development challenges. However, the benefits of this technological revolution are not yet shared by all globally.
What actions can policy-makers and innovators take now to realize AI's promise while ensuring that its benefits lead to shared prosperity for all?
This session was recorded live September 23, 2024 during the World Economic Forum’s Sustainable Development Impact Meetings.
You can watch it here: https://www.weforum.org/events/sustainable-development-impact-meetings-2024/sessions/ai-for-global-good/
Speakers:
Yann LeCun, Vice-President and Chief Artificial Intelligence (AI) Scientist, Meta
Crystal Rugege, Managing Director, Centre for the Fourth Industrial Revolution (C4IR) Rwanda
Omar Sultan Al Olama, Minister of State for Artificial Intelligence, Digital Economy and Remote Work Applications, Office of the Prime Minister of the United Arab Emirates
Sabastian Niles, President and Chief Legal Officer, Salesforce
Landry Signé, Senior Fellow, Global Economy and Development Program, Brookings Institution
Links:
Centre for the Fourth Industrial Revolution: https://centres.weforum.org/centre-for-the-fourth-industrial-revolution/home
Published: 30th Sep 2024 11:40:16 By: World Economic Forum
Business Video: 'A toaster on wheels': Swisher reacts to Musk unveiling 'Robovan'
Embattled Red Lobster has a new CEO, and he’s just 35 years old. CNN reporter Nathaniel Meyersohn sat down with Damola Adamolekun over some shrimp and lobster tail to chat the future of the seafood company and the young CEO’s approach to work. #cnn #news #redlobster
Shot by Zach Wasser, Benjamin Evans, FJ Feng
Editor/Producer: John General
Senior Producer: Alexandra King
Reporter: Nathaniel Meyersohn
Published: 4th Oct 2024 03:00:54 By: CNN
Business Video: Telegram CEO’s arrest sparks debate over free speech online
The detention of the Russian-born billionaire founder of Telegram, a messaging app known for its unfiltered content, has sparked debate about freedom of speech and illegal content on the internet. Pavel Durov, 39, was detained at Paris’s Bourget Airport Saturday on a warrant related to Telegram’s lack of moderation. CNN’s Clare Duffy, and then senior researcher at the University of St. Gallen Matias Dewey, join Richard Quest to discuss. #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: 26th Aug 2024 10:18:55 By: CNN
Business Video: The Fed just sent a crucial message about its next move
America’s top central banker has unambiguously signaled that lower interest rates are finally on the horizon, marking a crucial milestone for the Federal Reserve’s historic — and, so far, successful — inflation fight. CN’s Matt Egan and Julia Chatterley report. #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: 23rd Aug 2024 04:56:24 By: CNN
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
Sun, 13 Oct 2024 02:48:00 GMT The September payrolls report seemed to switch the investor narrative around the labor market on a dime. But don't abandon recession fears too soon.
Thu, 10 Oct 2024 03:23:00 GMT News has always driven markets, but curiously the importance of big data releases has grown substantially in recent years. Analysis by The Economist finds that, over the past year, bond-market moves ...
Mon, 07 Oct 2024 13:27:00 GMT By contrast, on October 4 a new jobs report came out that was red “hot”. Jobs increased by 254,000, soundly beating expectations, and major market indices soared by 1% to 2%. Since the September 6 dip ...
Fri, 04 Oct 2024 16:07:00 GMT Many have doubted it. Even the optimists have worried about it. But despite the hand-wringing, the American economy appears to be in remarkably good shape. Businesses added 254,000 jobs in September, ...
Fri, 04 Oct 2024 14:51:00 GMT The September jobs report released Friday shows continued strong market growth heading into the November presidential election.