In mid-2023, Pakistan faced significant economic challenges, including due the devastating floods of the previous year. Since then, economic stability has been restored through careful policy-making. However, challenges remain, such as a narrow tax base, elevated spending pressures for social and development needs and building climate resilience, as well as low productivity and weak growth. MCD Director Jihad Azour will be joined by Pakistan’s Finance Minister Muhammad Aurangzeb to discuss the government’s ambitious policy and reform agenda and the path to sustainable growth.
Bank of Italy Governor Fabio Panetta discusses the role of ECB monetary policy in guiding inflation back to target amid high uncertainty and navigating looming transformations. While euro area inflation has declined, services inflation remains elevated. Economic activity has been subdued and uneven, with manufacturing recovery lagging behind other sectors. The conversation will also explore the capital markets union and a potential digital euro launch.
With Fabio Panetta, Governor of the Bank of Italy
Published: 16th Oct 2024 03:46:38 By: IMF
World Economic Forum Video: What Is the Informal Economy? & Sustainable Space Exploration | WEF | Top Stories of the Week
This week's top stories of the week include:
0:15 What is the informal economy? – Erika Kraemer-Mbula is an expert on alternative development paths. She says the informal economy is more prevalent than many think, two-thirds of overall employment. It touches many areas, from retail to transport, domestic care, and even creative and intellectual labour.
4:49 Sustainable space exploration – Alice Bunn is the former head of the UK’s space agency and now leads UKspace, its space trade association. Billionaire space missions may steal the headlines, Bunn says, but the majority of space programmes benefit everyday lives all over the world.
9:32 AI can help preserve languages – 7,168 languages are spoken in the world today. But one dies out every 40 days. 90% could fall silent forever in the next 100 years. One key problem is that generative AI is trained on just a few of the world’s languages.
14:06 How tech can bridge access to justice – Gerald Abila was raised in Uganda in the 1980s during a period of bloody civil conflict. Abila planned on becoming an engineer. But his studies prompted the question: What’s the most powerful tool we can use to engineer a peaceful society? His answer: the law.
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Published: 19th Oct 2024 12:00:37 By: World Economic Forum
World Economic Forum Video: Closing Plenary: Collaboration for the Intelligent Age
Join this closing plenary to explore how the Global Future Councils can contribute to building intelligent economies and societies as the Annual Meeting of the Global Future Councils draws to a close.
Published: 18th Oct 2024 02:02:14 By: World Economic Forum
World Economic Forum Video: Collaboration in A More Contested World
The current turbulent geopolitical context has seen a rise of conflict and competition and a decline of trust in international systems.
As we reach a geopolitical tipping point, how can we build innovative pathways of cooperation to advance shared priorities?
Published: 18th Oct 2024 12:24:45 By: World Economic Forum
World Economic Forum Video: 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?
Published: 17th Oct 2024 11:04:58 By: World Economic Forum
World Economic Forum Video: Betazone: Accelerating Development in the Intelligent Age
From tackling climate emergencies to rising geopolitical tensions and the accelerating infodemic, how can global collaboration safeguard economic growth while addressing today’s complex risks?
Published: 17th Oct 2024 10:54:49 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!
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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
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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
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Fri, 18 Oct 2024 10:37:00 GMT The impact of immigration policy on US gross domestic product will be more negative under Donald Trump than Kamala Harris, according to Brookings.
Thu, 17 Oct 2024 16:15:00 GMT Canadians haven’t felt this strongly opposed to immigration levels in a quarter century, a turnaround of attitude in a country that once embraced newcomers but has been shaken by a post-pandemic ...
Tue, 15 Oct 2024 13:25:00 GMT Throughout his campaign, Trump has vowed to conduct a mass deportation plan if he is reelected. Trump policy adviser Stephen Miller promised a "100 percent" deportation rate at the border by bringing ...
Sat, 12 Oct 2024 11:07:00 GMT has underscored just how much the GOP has evolved away from "compassionate conservatism" on immigration. Living in constant fear, Haitian migrants in Springfield, Ohio, tell ABC News they’re ...
Fri, 11 Oct 2024 02:00:00 GMT Donald Trump is set to hold a rally in Aurora, Colorado, thrusting the city into the spotlight, along with the topic he hopes will decide this race: immigration.