Homes are now less affordable than during the house price bubble that preceded the global financial crisis of 2007–2008, according to a new dataset spanning 40 countries. Affordability has plunged in countries like the US, UK, and Canada, leaving policymakers scrambling for solutions. In the latest F&D magazine, we explore what needs to be done.
Published: 23rd Dec 2024 03:32:00 By: IMF
IMF Video: Falling Private Debt: 2024 Global Debt Database
Launch of the 2024 IMF Global Debt Database—the most comprehensive debt data in the world. A panel discussion with the IMF’s Vitor Gaspar, S&P Global’s Ruth Yang, Brookings’ Gian Maria Milesi-Ferretti, and LSE’s Luiz Awazu Pereira da Silva, moderated by the FT’s Chris Giles.
Published: 4th Dec 2024 03:07:55 By: IMF
IMF Video: Closing Session - 12th IMF Statistical Forum: Measuring the Implications of AI on the Economy
Growth in the Caucasus and Central Asia remains robust and broad-based. Still, the region is exposed to geoeconomic developments and countries face heightened uncertainty amid tentative signs that trade, financial flows, and migration patterns are changing. Moreover, boosting medium-term growth will require effective reform implementation. In this context, what policies and reforms can help countries create a predictable environment conducive to investment and sustainable economic growth?
A distinguished panel of speakers explores these pivotal issues and many more from the IMF’s latest Regional Economic Outlook for the Middle East and Central Asia and take questions from the audience during the Q&A portion of the event.
Published: 22nd Nov 2024 02:08:42 By: IMF
IMF Video: Перспективы развития региональной экономики стран Центральной Азии и Кавказа. Три важных факта
Директор Департамента стран Ближнего Востока и Центральной Азии МВФ Джихад Азур выделяет три ключевых факта, касающихся перспектив экономического развития стран Ближнего Востока и Северной Африки. С полным текстом доклада вы можете ознакомиться по ссылке: https://www.imf.org/ru/Publications/REO/MECA/Issues/2024/10/24/regional-economic-outlook-middle-east-central-asia-october-2024
Published: 21st Nov 2024 07:22:33 By: IMF
World Economic Forum Video: The Future of Growth: Rethinking Prosperity for All
Explore how the World Economic Forum’s Future of Growth initiative is shaping sustainable and inclusive economic models for the 21st century. https://initiatives.weforum.org/future-of-growth-initiative/home
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: 23rd Dec 2024 12:01:11 By: World Economic Forum
World Economic Forum Video: Safeguarding Green Spaces & Heavy Industries Push for Net Zero | WEF | Top Stories of the Week
This week's top stories of the week include:
0:15 How corruption damages society – Corruption is a pervasive issue that undermines societies, economies, and governance. Defined as the abuse of entrusted power for personal gain, it has far-reaching consequences that go beyond financial losses. Understanding its impact and adopting strategies to fight it are critical to creating more equitable and sustainable societies.
4:29 Tips for safeguarding green spaces – Just 37% of the world’s 500 most populous cities have developed a dedicated strategy around nature and biodiversity preservation. Travis Beck is Chief Park Officer at the Presidio, a historic national park site in California’s San Francisco Bay Area. He discusses 3 ways the park is safeguarding its future under his watch.
7:24 Heavy industries push for net zero – Eight heavy-emitting sectors account for around 40% of global greenhouse gas emissions. These sectors play a key role in the global economy. Demand is set to rise more than 60% by 2050, so it’s imperative to make them more sustainable. How are they getting on? The Net Zero Industry Tracker has the answers.
10:42 Impact of climate change on profits – Researchers have calculated the business risks posed by climate hazards such as extreme weather, which pose a threat to companies’ fixed assets such as property, machinery and equipment. Together, these losses could cut 7% from companies’ profits every year by 2035, half as much as the losses incurred during the worst of the COVID-19 pandemic.
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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/
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#WorldEconomicForum
Published: 21st Dec 2024 01:01:01 By: World Economic Forum
World Economic Forum Video: How do we make the green transition fair for everyone?
A sustainable future is not just about going green—it’s about fairness, equity, and ensuring no one is left behind.
From empowering workers with green skills to addressing economic inequalities, the Equitable Transition Initiative brings leaders together to create a future that’s both sustainable and fair.
Watch our film and learn more about how we’re making this vision a reality at the Equitable Transition Initiative:
: https://initiatives.weforum.org/equitable-transition-initiative/home
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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#InclusiveGrowth #ClimateAction #EnergyTransition #GreenSkills #wef25
Published: 20th Dec 2024 04:08:00 By: World Economic Forum
World Economic Forum Video: A music superstar, romance fraud, and life-changing advice: highlights from the Forum's podcasts ...
One of the biggest names in music talks about AI and human soul. The victim of the 'Tinder Swindler' highlights a multi-billion dollar cyber crime. And leaders from business and civil society share life-changing advice.
In 2024, some of the brightest minds spoke to the World Economic Forum's podcasts Radio Davos and Meet the Leader. In this 'Best Of' episode, podcast hosts Robin Pomeroy and Linda Lacina each select three highlights from a busy year.
Featured episodes:
AI vs Art: Will AI rip the soul out of music, movies and art, or help express our humanity? (https://www.weforum.org/podcasts/radio-davos/episodes/ai-vs-art-nile-rodgers-hollywood/)
Build a culture of innovation: HPE's CTO shares what must be in place (https://www.weforum.org/podcasts/meet-the-leader/episodes/fidelma-russo-innovation-cto/)
Tinder Swindler: how 'romance fraud' became a multi-billion dollar cybercrime (https://www.weforum.org/podcasts/radio-davos/episodes/tinder-swindler-romance-fraud-cybercrime/)
IKEA HR chief shares decades of career lessons learned and what’s needed to bridge the gender equity gap (https://www.weforum.org/podcasts/meet-the-leader/episodes/ulrika-biesert-ingka-group-gender-equity/)
Can climate action survive geopolitical upheaval? (https://www.weforum.org/podcasts/radio-davos/episodes/gfc-geopolitics-climate-global-south/)
How to motivate your team - from an organization with 17 million volunteers (https://www.weforum.org/podcasts/meet-the-leader/episodes/jagan-chapagain-red-cross-red-crescent-disaster-insurance/)
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: 19th Dec 2024 05:29:43 By: World Economic Forum
World Economic Forum Video: Skills in the Age of AI
By 2027, businesses predict that almost half (44%) of workers’ core skills will be disrupted. From AI tutors to lifelong learning schemes, what approaches and opportunities hold the greatest potential to close gaps and prepare people for tomorrow’s economy? This session has been developed in collaboration with CNBC.
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/meetings/annual-meeting-of-the-global-future-councils-2024/sessions/skills-in-the-age-of-ai/
Speakers:
Nela Richardson, Chief Economist and Environmental, Social and Governance (ESG) Officer, ADP
Dan Murphy, Anchor and Correspondent, CNBC
Stuart Russell, Professor of Computer Science, University of California, Berkeley
Jo O'Driscoll-Kearney, Chief Learning Officer, Majid Al Futtaim Holding
Abdallah Abu Sheikh, Founder and Chief Executive Officer, Astra Tech
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: 16th Dec 2024 08:41:09 By: World Economic Forum
Reuters Video: American Airlines flights resume after Christmas Eve tech issue | REUTERS
American Airlines said its flights resumed after a technical glitch forced the carrier to issue an hour-long ground stop, disrupting travel for thousands on Christmas Eve, one of the busiest periods of the year.
#News #americanairlines #christmaseve #Reuters #Newsfeed
Read the story here: https://reut.rs/3DFJxgO
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Published: 24th Dec 2024 11:49:09 By: Reuters
Reuters Video: Wall Street ends higher as Santa Claus rally period begins | REUTERS
Wall Street's main indexes all closed higher with gains in megacap and growth stocks bolstering benchmarks in a truncated Christmas Eve session.
#News #WallStreet #Markets #Business #Reuters #Newsfeed
Read the story here: https://reut.rs/3VWbGGZ
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Published: 24th Dec 2024 09:39:19 By: Reuters
Reuters Video: Starbucks workers expand US strike | REUTERS
A strike at Starbucks will expand to over 300 US stores with more than 5,000 workers expected to walk off the job before the five-day work stoppage ends later on Christmas Eve, the workers' union said.
#News #starbucks #usa #retail #union #Reuters #Newsfeed
Read the story here: https://reut.rs/49XjduL
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Published: 24th Dec 2024 06:54:28 By: Reuters
Reuters Video: Wall Street ends higher on gains by most megacaps | REUTERS
Wall Street's main indexes all ended higher, with both the Dow and the Nasdaq making it three straight wins, aided by gains by many of the so-called Magnificent Seven tech stocks on a holiday-thinned trading day.
#News #USA #WallStreet #Markets #Reuters #Newsfeed
Read the story here: https://reut.rs/3DrxP9N
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Published: 24th Dec 2024 06:16:43 By: Reuters
Reuters Video: Why higher rates, budget wrangling could end Trump's 'honeymoon' period | REUTERS
Mike Mussio, president of FBB Capital Partners, said that with the Federal Reserve signaling just two rate cuts next year, along with another government budget showdown looming, ‘it could be a very short-lived honeymoon’ for President-elect Donald Trump. Lisa Bernhard has more.
#News #donaldtrump #federalreserve #Reuters #Newsfeed
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Published: 23rd Dec 2024 11:11:19 By: Reuters
Business Video: What you should do to make the most of your money in 2025
Michelle Singletary, syndicated personal finance coach for The Washington Post, shares some financial tips with CNN's Jessica Dean for people looking to make the most of their money in 2025. #CNN #News
Published: 26th Dec 2024 04:07:24 By: CNN
Business Video: ‘Ridiculous’: Business owner responds to government shutdown threat
North Carolina restaurant owner Katie Button discusses what the disaster aid in the government funding bill means for hard-hit areas after Hurricane Helene. The US is just hours away from a government shutdown unless a funding plan is passed to avoid it. The House failed Thursday to pass a new Donald Trump-backed GOP proposal to fund the government into March, intensifying the threat of a shutdown ahead of the midnight deadline. #CNN #News
Published: 20th Dec 2024 05:10:28 By: CNN
Business Video: Woman took Ozempic for her diabetes. Then, she experienced an unexpected side effect
Former health insurance company executive Wendell Potter speaks to CNN’s Jake Tapper about what he witnessed as a health insurance executive that made him quit. #cnn #news
Published: 19th Dec 2024 12:33:05 By: CNN
Business Video: John Bolton reacts to NYT reporting on Elon Musk, SpaceX facing federal reviews
Former Trump national security adviser John Bolton joins CNN’s Kaitlan Collins to react to New York Times reporting that federal agencies have opened reviews of Elon Musk and SpaceX, looking into alleged repeated failures to comply with government protocols that protect US state secrets.
#CNN #News
Wed, 25 Dec 2024 04:00:00 GMT The dynamic Texas economy continues to add jobs across most industry sectors, though the pace has decreased somewhat of late.
Fri, 20 Dec 2024 10:19:00 GMT A wave of new LNG terminals is expected to be constructed along the Texas-Louisiana Gulf Coast should President-elect Donald Trump carry through on his pledge to end the Biden administration’s nearly ...
Thu, 19 Dec 2024 16:00:00 GMT A wave of new LNG terminals is expected to be constructed along the Texas-Louisiana Gulf Coast ... providing an economic stimulus to communities like Port Arthur and Brownsville.
Mon, 16 Dec 2024 06:07:32 GMT Texas Governor Greg Abbott has a new ambition for the Lone Star State: surpassing France as one of the world’s largest economies. Most Read from BloombergHong Kong's Expat Party Hub Reshaped by ...
Sun, 15 Dec 2024 16:00:00 GMT (Bloomberg) — Texas Governor Greg Abbott has a new ambition for the Lone Star State: surpassing France as one of the world’s largest economies. Abbott predicted that economic output in Texas ...