Thu, 15 May 2025 02:04:00 GMT Japan Display Inc.’s CEO is stepping down and the company is slashing around half its headcount after it posted fresh losses that extended a seven-year streak.
Thu, 08 May 2025 13:04:00 GMT A job center on wheels could soon be in an area near you. The Mississippi Department of Employment Security (MDES) will deploy the Mobile WIN Job Center where brick and mortar job centers are not ...
Tue, 06 May 2025 13:00:52 GMT Prime Minister Aziz Akhannouch chaired a high-level meeting Tuesday in Rabat to review Morocco’s newly proposed roadmap for foreign trade, covering the 2025–2027 period. The plan, which aligns with ...
The sharply deteriorating global order is adding further complications to Europe’s already challenging economic situation. New tariffs come at a time when economies are grappling with structural transformations in demographics and energy, and amidst increasing security spending needs. Export markets are shrinking, uncertainty is undermining firms’ willingness to innovate, and public expenditure needs are rising. Without a turnaround in growth, Europe’s ability to deliver on its social welfare promises is in jeopardy. If European policymakers were to seize the moment, the region’s growth potential and resilience to shocks could rise substantially.
Published: 13th May 2025 06:38:10 By: IMF
IMF Video: Global and Regional Economic Developments and Outlook
This high-level event that will bring together policymakers, business leaders, diplomats, and academics to explore how global and regional developments impact countries in the Middle East and North Africa. Amid heightened global uncertainty, the discussions will focus on the policy actions required to foster sustained growth, stability, and shared prosperity across the region.
Published: 15th May 2025 04:15:59 By: IMF
IMF Video: آفاق الاقتصاد الإقليمي لمنطقة الشرق الأوسط وشمال إفريقيا: ثلاث رسائل أساسية
جهاد أزعور من صندوق النقد الدولي يعرض ثلاث رسائل أساسية حول أحدث الآفاق الاقتصادية لمنطقة الشرق الأوسط وشمال إفريقيا. تعرف على دور عدم اليقين العالمي المتزايد، والصراعات الإقليمية، والحاجة إلى تعزيز القدرة على الصمود في تشكيل الآفاق الاقتصادية للمنطقة. اقرأ التقرير الكامل: ]رابط[
https://www.imf.org/en/Publications/REO/MECA/Issues/2025/04/24/regional-economic-outlook-middle-east-central-asia-april-2025
Published: 7th May 2025 08:06:51 By: IMF
IMF Video: Perspectives économiques régionales pour le Moyen-Orient et l’Afrique du Nord: 3 messages principaux
Jihad Azour, du FMI, communique trois messages principaux issus de la dernière édition des Perspectives économiques régionales pour le Moyen-Orient et l’Afrique du Nord. Découvrez comment l’incertitude mondiale croissante, les conflits régionaux et la nécessité de renforcer la résilience façonnent les perspectives économiques de la région. Lire le rapport dans son intégralité : https://www.imf.org/fr/Publications/REO/MECA/Issues/2025/04/24/regional-economic-outlook-middle-east-central-asia-april-2025
Published: 7th May 2025 03:14:23 By: IMF
IMF Video: Caucasus and Central Asia Economic Outlook: Resilience, Risks, and Policy Priorities – April 2025
Jihad Azour, IMF’s Director of the Middle East and Central Asia Department, shares three key messages from the latest economic outlook for the Caucasus and Central Asia. Learn how the region exceeded expectations in 2024 and is expected to moderate in 2025, what’s ahead, and why building economic resilience is more important than ever.
Read the full report: https://www.imf.org/en/Publications/REO/MECA/Issues/2025/04/24/regional-economic-outlook-middle-east-central-asia-april-2025?cid=sm-com-ig-SM2025-REOMCDEA2025001
Published: 5th May 2025 11:49:45 By: IMF
World Economic Forum Video: We’re ‘losing the war’ on modern slavery: What leaders can do - HPE’s John Schultz
Slavery is not a problem cast to the annals of history. Modern slavery and forced labour are hidden in plain sight, found everywhere from nail salons to pristine factories, impacting 50 million people worldwide. Hewlett Packard Enterprise’s John Schultz explains more about this worsening problem and how it impacts economies and communities. He also explains how data technologies and artificial intelligence are being leveraged in new ways to draw insights from sources such as from shipping reports, photos, supply chain data and victim impact statements to tackle this issue in a way that’s never been possible before. He shares the collaborations in place that are broadening data pools and the simple question business leaders must ask to dig deeper into their own firms to make real change possible.
This interview was recorded at the Annual Meeting in Davos Switzerland, January 2025.
About this episode:
HPE: https://www.hpe.com/us/en/newsroom/blog-post/2024/06/hpes-2nd-annual-human-rights-report-three-takeaways.html
About the World Economic Forum’s Global Data Partnership Against Forced Labour: https://initiatives.weforum.org/fldata/home
Lisa Kristine: https://lisakristine.com/
About this podcast:
Transcript: https://www.weforum.org/podcasts/meet-the-leader/episodes/john-schultz-hpe-modern-slavery
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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: 19th May 2025 02:00:27 By: World Economic Forum
World Economic Forum Video: When Climate Redefines Health
Research indicates that 3.6 billion people live in areas highly susceptible to climate change and, by 2050, the climate crisis could cause $1.1 trillion in extra costs to healthcare systems around the globe.
How is the resilience of key sectors to climate change being measured and how are key actors responding to safeguard public health?
This is the full audio of a panel discussion at the World Economic Forum's Annual Meeting on 23 January, 2025. Watch it here: https://www.weforum.org/meetings/world-economic-forum-annual-meeting-2025/sessions/where-climate-collides-with-health/
Speakers:
John Steenhuisen, Minister of Agriculture, Department of Agriculture, Land Reform and Rural Development
Stéphane Bancel, Chief Executive Officer, Moderna
John-Arne Røttingen, Chief Executive Officer, Wellcome Trust
Liza Korsten, President, African Academy of Sciences
Shyam Bishen, Head, Centre for Health and Healthcare; Member of the Executive Committee, World Economic Forum
David Knibbe, Chairman of the Executive Board and Chief Executive Officer, NN Group
Celeste Saulo, Secretary-General, World Meteorological Organization (WMO)
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Published: 19th May 2025 05:16:50 By: World Economic Forum
World Economic Forum Video: Can VR help calm surgery patients? & New York makes composting compulsory | WEF | Top Stories Week
This week's top stories of the week include:
0:15 Can VR help calm surgery patients? — Doctors at the Mayo Clinic in Minnesota gave patients a set of virtual reality (VR) goggles and offered them a 10-minute ‘nature experience’. The clinic ran a trial on 100 patients, giving 50 a tablet and 50 a headset. Self-reported anxiety scores fell with both but more with the VR headset.
3:34 NY makes composting compulsory — Since 1 April, New Yorkers have had to separate food waste for recycling or face a fine of up to $300. It’s part of the city’s efforts to tackle climate change. The food waste is either composted and turned into fertilizer or emptied into a ‘biodigester’ where it emits biogas that’s used to generate renewable energy.
3:34 This robot finds people in rubble — It has an inflatable tube which can flex around corners and squeeze through narrow passages. An operator controls the tube with a joystick it has a camera and sensors at its tip, which help draw a 3D map of ‘void spaces’ and plot an entry route for emergency teams.
5:16 Space scanner maps remote forests — The world’s forests are a vital carbon sink but deforestation and degradation are eroding their storage capacity. The 1.25-tonne Biomass probe was built by Airbus and will orbit 666 km above the planet for several years, measuring and tracking changes in forests across Asia, Africa and South America.
_____________________________________________
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: 17th May 2025 12:01:25 By: World Economic Forum
World Economic Forum Video: AI at Work: Who Benefits More?
You probably know that AI is changing the workplace - but did you know how different AI transformation is for men and women?
Research from LinkedIn and the World Economic Forum shows that while more men hold #jobs that benefit from augmentation, women are more likely to bank on 'soft' skills like creativity and critical thinking to edge forward in an #AI workplace.
Listen to co-author Kim Piaget discuss the findings, and learn more by reading the full ‘Gender Parity in the Intelligent Age’ report.
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/
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#WorldEconomicForum
Published: 16th May 2025 12:17:10 By: World Economic Forum
World Economic Forum Video: Unlocking Europe's Potential
Two recent landmark reports on the European Union's economy paint an unforgiving picture of its vulnerabilities, suggesting the region faces the prospect of "slow agony". At current productivity and demographic trends, Europe's economic output is forecast to be the same in 2050 as it is today. With much of the power to correct course residing in national capitals, what will it take for leaders to rise to the challenge?
This is the full audio from a session at the Forum's Annual Meeting on 22 January, 2025. Watch it here: https://www.youtube.com/watch?v=VqghCwdxqHo
Speakers: Nicolas Hieronimus, Chief Executive Officer, L'Oréal
Roula Khalaf, Editor, Financial Times
Robert Habeck, Vice-Chancellor and Federal Minister for Economic Affairs and Climate Action,
Federal Ministry for Economic Affairs and Climate Action of Germany
Belen Garijo, Chair of the Executive Board and Chief Executive Officer, Merck
Christine Lagarde, President, European Central Bank
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Published: 12th May 2025 05:20:30 By: World Economic Forum
Reuters Video: Sectors Up Close: AI back in the market spotlight | REUTERS
Gulf countries announced billions of dollars of investment in AI chips on President Trump's trip to the region — including the biggest data center outside the US. Randy Watts of O'Neil Global Advisors told Reuters that could help compensate for lost chip sales to China.
#News #chips #AI #business #markets #Reuters #Newsfeed
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Published: 19th May 2025 02:46:17 By: Reuters
Reuters Video: Market Talk: EU deal 'shows Britain is open for business' | REUTERS
The UK and EU have agreed the most significant trade reset since Britain left the European Union. Kathleen Brooks of XTB told Reuters it doesn't contain everything business might have hoped for, but recent trade deals are wooing foreign investors to UK
#uk #britain #europe #eu #brexit #News #Reuters #Newsfeed
Read the story here: https://reut.rs/3FnUcOt
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Published: 19th May 2025 02:21:43 By: Reuters
Reuters Video: Japan's Yoshinoya bets big on ramen noodles | REUTERS
Japan's Yoshinoya said that it was betting on ramen noodles for its next phase of growth, looking to turn it into a third business pillar along with 'gyudon' beef bowls and udon noodles
#yoshinoya #ramen #udon #japan #news #Reuters #Newsfeed
Read the story here: https://reut.rs/3ZeZnr1
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Published: 19th May 2025 02:01:56 By: Reuters
Reuters Video: Ryanair to raise fares on strong demand after profit hit | REUTERS
Ryanair reported strong demand across Europe and projected that fares would rebound to recover much of the decline that dented profit last year as consumers struggled with high interest rates.
#News #ryanair #business #markets #Reuters #Newsfeed
Read the story here: https://reut.rs/45nG3eG
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Published: 19th May 2025 01:39:19 By: Reuters
Reuters Video: Diageo launches $500 mln savings plan ahead of US tariff hit | REUTERS
Diageo, the maker of Johnnie Walker whisky and Guinness beer, launched a plan to save $500 million by 2028 after years of sales declines and lowered the expected hit from US tariffs after Washington held off threats of higher duties, for now
#diageo #trumptariffs #johnnywalker #whisky #guinness #beer #News #Reuters #Newsfeed
Read the story here: https://reut.rs/43gGVPH
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Published: 19th May 2025 11:58:19 By: Reuters
Business Video: One-on-one with Treasury Secretary Scott Bessent
CNN's Jake Tapper sat down with Treasury Secretary Scott Bessent on "State of the Union" for a wide-ranging interview discussing tariffs, trade, the US credit rating, and President Trump's plan to accept a luxury jet from Qatar. #CNN #News
Published: 18th May 2025 05:47:00 By: CNN
Business Video: Trump to Walmart: 'eat the tariffs,' don't pass them on to customers
President Donald Trump on Saturday said Walmart needs to stop “trying to blame tariffs” after the retail giant announced its products would become more expensive.
Walmart’s CEO said the price increases were a result of Trump’s tariffs being “too high,” particularly when it came to Chinese goods.
“We will do our best to keep our prices as low as possible. But given the magnitude of the tariffs, even at the reduced levels announced this week, we aren’t able to absorb all the pressure given the reality of narrow retail margins,” Walmart CEO Douglas McMillon said Thursday in an earnings call.
Trump responded on Saturday, posting to Truth Social that “Between Walmart and China they should, as is said ‘EAT THE TARIFFS,’ and not charge valued customers ANYTHING. I’ll be watching, and so will your customers!” #CNN #News
Published: 18th May 2025 03:45:04 By: CNN
Business Video: Walmart warns it will raise prices due to tariffs
Walmart, the world’s largest retailer, warned that is not immune from President Donald Trump’s tariffs. It plans to raise prices on some items as Trump’s global trade war sends the company’s costs higher. #CNN #News
Published: 15th May 2025 03:00:41 By: CNN
Business Video: Businesses say they are struggling to survive amid Trump tariffs
The United States and China to drastically roll back tariffs on each other’s goods for an initial 90-day period, in a surprise breakthrough that has de-escalated a punishing trade war and buoyed global markets. The announcement, which was made in a joint statement, comes after a weekend of marathon trade negotiations in Geneva, Switzerland by officials from the world’s two largest economies, during which both sides touted “substantial progress.” #CNN #News
Published: 15th May 2025 12:53:50 By: CNN
Business Video: America's ports soon could face a surge from stockpiling
US ports are facing a dramatic slowdown in cargo – but they could see the exact opposite in a matter of weeks.
Starting Wednesday, cargo leaving China bound for the United States will carry a 30% tariff rate – a reduction from the higher 145% tariff that was in place for six weeks. The United States and China announced a dramatic de-escalation in tariffs on Monday, lowering cripplingly high rates for 90 days. Experts say retailers will likely frontload more cargo during the pause, working against the clock to bring in inventory before things change again. #CNN #News