As the 2024 Annual Meetings come to a close, IMF Communications Director Julie Kozack recaps the key moments and developments from the week. Nigel Clarke, Finance Minister & The Public Service of Jamaica discusses the country’s remarkable economic turnaround, and Bihi Iman Egeh, Minister of Finance, Federal Government of Somalia delves deep into their fiscal journey to debt relief. To mark 80 years since the Bretton Woods Conference, IMF historian Rex Ghosh closes by offering a fascinating look into the Fund’s journey and future outlook.
With climate and biodiversity on the global agenda, the business benefits of net zero are clear, says Gim Huay Neo, co-chair of a Global Alliance of CEO Climate LeadersIn an open letter ahead of #COP29, the Alliance of CEO Climate Leaders calls for urgent action to combat climate change.
Highlighting the critical role of collaborative leadership from business and government, the world's largest CEO-led climate community is advocating for ambitious, science-based targets to support climate action and spur investment.
Read the full letter: wef.ch/COP29OpenLetter24
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Published: 31st Oct 2024 02:09:08 By: World Economic Forum
World Economic Forum Video: CEO Climate Alliance | Jesper Brodin
Jesper Brodin, CEO of Ingka Group [IKEA], says businesses and governments need to work closely together to ensure the world meets climate targets.
In an open letter to public and private sector leaders ahead of COP29, the Alliance of CEO Climate Leaders calls for urgent action to combat climate change. Highlighting the critical role of collaborative leadership from business and government, the letter advocates for ambitious, science-based targets to improve the business case for climate action and spur investment.
Read the full letter: wef.ch/COP29OpenLetter24
#AllianceofCEOClimateLeaders
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: 30th Oct 2024 11:21:07 By: World Economic Forum
World Economic Forum Video: CEO Climate Alliance Letter | Ester Baiget
Ester Baiget, Novonesis CEO, says ramping up existing nature-based solutions could cut global carbon emissions by 8%.
In an open letter to public and private sector, leaders ahead of COP29, the Alliance of CEO Climate Leaders calls for urgent action to combat climate change. Highlighting the critical role of collaborative leadership from business and government, the letter advocates for ambitious, science-based targets to improve the business case for climate action and spur investment.
Read the full letter: wef.ch/COP29OpenLetter24
#AllianceofCEOClimateLeaders #Climate #ClimateChange #COP29 #biosolutions
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: 30th Oct 2024 11:20:14 By: World Economic Forum
World Economic Forum Video: AMGFC24: The Nexus of Innovation
As the Fourth Industrial Revolution advances, foundational technology domains are converging to create new opportunities. In addition to their breakthrough potential, the simultaneous development of quantum, robotics, AI and more are accelerating mutual advancements.
What are the driving forces behind this convergence and how can organizations position themselves strategically within it for future growth?
This is the full audio from a session at the Annual Meeting of the Global Future Councils 2024 in Dubai on 17 Oct, 2024. Watch it here: https://www.weforum.org/events/annual-meeting-of-the-global-future-councils-2024/sessions/the-nexus-of-innovation/
Speakers:
Chantal Shen, Chief Scientist, Synthetic Biology, BGI Research
Hoda Al Khzaimi, Director, Centre for Cybersecurity, New York University Abu Dhabi
Freeke Heijman, Founder and CEO
Azeem Azhar, Chief Executive Officer, Exponential View
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Published: 30th Oct 2024 08:04:25 By: World Economic Forum
World Economic Forum Video: UN Ambassador’s Climate Message & Cities Cutting Air Pollution | WEF | Top Stories of the Week
This week's top stories of the week include:
0:15 UN ambassador’s climate message – Peter Thomson is the UN Secretary-General’s Special Envoy for the Ocean. He’s urging young people to take part in climate action but he’s also clear about where responsibility lies. Scientists have devised the concept of ‘positive tipping points’ which are thresholds that can propel rapid decarbonization. However, Thomson says the first tipping point is up to us.
4:05 How to make better decisions – Before entering business, Ravi Kumar S trained as a nuclear scientist. This gave him a huge helping hand in his career, he says. Kumar says modern companies aren’t hierarchies, but networks which draw on the ‘community knowledge’ of all their staff. As CEO, he has developed a decision-making process that takes his gut feeling and supports it with data in a continual feedback loop.
7:08 Cities cutting air pollution – Curitiba in Brazil built an integrated transport network to cut congestion. Curitiba began by launching the world’s first bus rapid transit (BRT) in 1974. Today’s network combines express routes with suburban connections and cycle lanes so passengers can move easily from one transport to another.
9:01 Where is AI headed? – At our Annual Meeting of the Global Future Councils in Dubai 500 experts gathered to share insights on pressing issues, including how rapid advances in AI are reshaping our world. As AI becomes more prevalent, it remains clear that the humanities are essential to a functioning society and a fulfilled life, says Stuart Russell, Professor of Computer Science, University of California, Berkeley.
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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: 26th Oct 2024 12:01:03 By: World Economic Forum
Business Video: Former CEO of Abercrombie & Fitch indicted on sex trafficking charges
Mike Jeffries, the former CEO of Abercrombie & Fitch, has been indicted on 16 federal counts of sex trafficking and international prostitution in New York, and is accused of leveraging “a network of employees, contractors and security professionals” while he led the retailer. #CNN #News
Published: 22nd Oct 2024 07:15:00 By: CNN
Business Video: I test drove Volkswagen's electric revamp of its retro van. Is it worth $60,000?
Struggling to regain popularity in America, Volkswagen is hoping the all-new ID. Buzz electric van can tug at vintage heart strings. Having grown up with an original VW gas powered van, CNN’s Peter Valdes-Dapena phoned in his brothers for this electric test drive.
#cnn #news #carreview #car #volkswagen
Produced by John General and Zach Wasser
Senior Producer: Jackson Loo
Reporting by Peter Valdes-Dapena
Thumbnail courtesy Adobe Stock Photo/CNN
Published: 21st Oct 2024 03:14:28 By: CNN
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
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Wed, 30 Oct 2024 20:52:00 GMT However, the 24 per cent increase in sales reported on Wednesday came at the expense of BYD’s gross margins, which slipped from 22.1 per cent last year to 21.9 per cent. Net income was Rmb11.6bn, ...
Tue, 29 Oct 2024 08:46:00 GMT China is weighing additional stimulus that would increase if Trump wins the US election. The candidate has proposed huge tariffs on goods from China.
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Tue, 29 Oct 2024 04:54:00 GMT (CVLT) on Tuesday reported fiscal second-quarter earnings of $15.6 million. The Tinton Falls, New Jersey-based company said it had net income of 35 cents per share. Earnings, adjusted for one-time ...
Tue, 29 Oct 2024 03:30:07 GMT With all tariffs for 'least developed countries' scheduled to be removed, China is positioning itself as a trade leader for the Global South China will eliminate tariffs for goods from countries ...