IMF Video: House Prices Skyrocket: What’s Driving the Global Surge

Play Video: House Prices Skyrocket: What’s Driving the Global Surge

After a brief dip during the global financial crisis, house prices have been on a relentless rise. Over the past decade, prices across OECD countries have surged by 37% on average in real terms, with the United States seeing increases of over 50%. Meanwhile, only three OECD countries—Finland, Italy, and Korea—have experienced declines. 📈 These rising prices are putting homeownership further out of reach for many, piling pressure on the poorest and widening generational divides. Younger generations, struggling to get on the property ladder, are feeling the squeeze the most. Click the link below to dive into this issue, exploring what’s driving skyrocketing house prices and the growing crisis of affordability. [https://www.imf.org/en/Publications/fandd]

Published: 10th Jan 2025 06:00:29   By: IMF

IMF Video: Press Briefing: World Economic Outlook Update - January 2025

Play Video: Press Briefing: World Economic Outlook Update - January 2025

IMF Chief Economist Pierre-Olivier Gourinchas, Petya Koeva Brooks, and Deniz Igan present the latest forecast for global growth and inflation. Friday, January 17, at 9:00 AM ET. https://www.imf.org/en/Publications/WEO/Issues/2025/01/17/world-economic-outlook-update-january-2025

Published: 10th Jan 2025 11:57:32   By: IMF

IMF Video: Birth Rates Drop Below Replacement in Most Countries

Play Video: Birth Rates Drop Below Replacement in Most Countries

Over half of the world’s countries and areas—representing two-thirds of the global population—now have fertility rates below the replacement level of 2.1 children per woman. 📉 This demographic shift means populations in these regions are set to age and decline without intervention. The consequences? A shrinking workforce, increased pressure on pensions, and rising healthcare costs. While some countries like Japan and Italy grapple with aging populations, others in sub-Saharan Africa face the opposite challenge—managing rapid population growth. Each region must find innovative solutions to adapt to these demographic realities. Click the below link to explore how fertility trends are reshaping our world. [https://www.imf.org/en/Publications/fandd/issues/2024/09/picture-this-demographic-decline-andrew-stanley]

Published: 8th Jan 2025 10:30:07   By: IMF

IMF Video: The Housing Crunch: What's Driving the Affordability Crisis?

Play Video: The Housing Crunch: What's Driving the Affordability Crisis?

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

Play 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

World Economic Forum Video: Why housing affordability is ‘tragically bad’ - and what’s needed to fix it: Habitat for Humanity...

Play Video: Why housing affordability is ‘tragically bad’ - and what’s needed to fix it: Habitat for Humanity...

Around the world, affordable housing is becoming less and less easy to attain. Habitat for Humanity CEO Jonathan Reckford lays out in plain language the state of global housing, the barriers to affordability and the practical steps that can tackle this crisis, including the solutions this global housing organization is helping get into place. He also shares lessons from his unique career journey - one that included talking himself into a job at an investment bank after college and later coaching the South Korean Olympic rowing team - and what he learned from the leaders who shaped him, including the late US president Jimmy Carter and grandmother Millicent Fenwick, the fashion editor and former US representative.

Published: 10th Jan 2025 10:51:40   By: World Economic Forum

World Economic Forum Video: Upskilling, tapping human talents, and what's really needed for the future of work: Cognizant CEO...

Play Video: Upskilling, tapping human talents, and what's really needed for the future of work: Cognizant CEO...

Workplaces are poised for a step change in how they leverage (and partner with) technology and how they tap human talents. Cognizant CEO Ravi Kumar shares insights from special research the company commissioned on how enterprise organizations can better harness tech disruptions. He discusses this research that mapped thousands of occupations and tasks and how they’ll shape our need for upskilling. He also shares lessons learned from his own background, including his training as a nuclear scientist, and how that helps him embed curiosity and experimentation into teams and why a collaborative approach that empowers people with a variety of backgrounds will be key to driving innovation in the years ahead. About this episode: Cognizant: https://www.cognizant.com/us/en Future of Jobs Report: https://www.weforum.org/publications/the-future-of-jobs-report-2025/ Reskilling Revolution: https://initiatives.weforum.org/reskilling-revolution/home  

Published: 8th Jan 2025 05:07:30   By: World Economic Forum

World Economic Forum Video: Global Cooperation Barometer 2025

Play Video: Global Cooperation Barometer 2025

As the world navigates rising geopolitical tensions, record-breaking heat, and technological revolutions, global cooperation is at a crossroads. The World Economic Forum and McKinsey & Company present the second edition of the Global Cooperation Barometer, a vital tool to measure and guide collaboration across trade, technology, climate, health, and security. This is the full audio from a media briefing of 7 January, 2025. Watch it here: https://www.weforum.org/meetings/world-economic-forum-annual-meeting-2025/sessions/global-cooperation-barometer-2025/ Links: The Global Cooperation Barometer 2025: https://www.weforum.org/publications/the-global-cooperation-barometer-2025/ Speakers: Bob Sternfels, Global Managing Partner, McKinsey & Company Børge Brende, President and CEO, World Economic Forum Anais Rassat, Head of Media Content, World Economic Forum More podcasts: 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: 7th Jan 2025 05:10:59   By: World Economic Forum

World Economic Forum Video: The Future of Growth: Rethinking Prosperity for All

Play 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. 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 #InclusiveGrowth #Sustainability #InvestingInPeople #wef25

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

Play 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. _____________________________________________ 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: 21st Dec 2024 01:01:01   By: World Economic Forum

Reuters Video: New US port strike averted as union, employers agree deal | REUTERS

Play Video: New US port strike averted as union, employers agree deal | REUTERS

The union representing 45,000 dock workers on the US East and Gulf Coasts and their employers said they reached a tentative deal on a new six-year contract, averting further strikes. #union #deal #usports #InternationalLongshoremensAssociation #USMaritimeAlliance #News #Business #consumer #Reuters #Newsfeed Read the story here: https://reut.rs/4gO7nG0 👉 Subscribe: http://smarturl.it/reuterssubscribe Keep up with the latest news from around the world: https://www.reuters.com/ Follow Reuters on Facebook: https://www.facebook.com/Reuters Follow Reuters on Twitter: https://twitter.com/Reuters Follow Reuters on Instagram: https://www.instagram.com/reuters/?hl=en

Published: 9th Jan 2025 08:25:05   By: Reuters

Reuters Video: Hyundai plans record $16.7 billion investment in South Korea | REUTERS

Play Video: Hyundai plans record $16.7 billion investment in South Korea | REUTERS

South Korea's Hyundai said it will boost domestic investment by 19% to a record high $16.7 billion this year to secure future growth even as it grapples with economic and political uncertainties. #News #hyundai #autos #business #southkorea #Reuters #Newsfeed Read the story here: https://reut.rs/3Ps5Au7 👉 Subscribe: http://smarturl.it/reuterssubscribe Keep up with the latest news from around the world: https://www.reuters.com/ Follow Reuters on Facebook: https://www.facebook.com/Reuters Follow Reuters on Twitter: https://twitter.com/Reuters Follow Reuters on Instagram: https://www.instagram.com/reuters/?hl=en

Published: 9th Jan 2025 06:09:39   By: Reuters

Reuters Video: Wall Street little changed as investors assess inflation | REUTERS

Play Video: Wall Street little changed as investors assess inflation | REUTERS

US stocks ended little changed in a session they struggled for a clear direction, as investors digested the impact of conflicting sets of jobs data #News #Reuters #Newsfeed #Markets #Stocks Read the story here: https://reut.rs/4h1vIsd 👉 Subscribe: http://smarturl.it/reuterssubscribe Keep up with the latest news from around the world: https://www.reuters.com/ Follow Reuters on Facebook: https://www.facebook.com/Reuters Follow Reuters on Twitter: https://twitter.com/Reuters Follow Reuters on Instagram: https://www.instagram.com/reuters/?hl=en

Published: 9th Jan 2025 01:08:55   By: Reuters

Reuters Video: Northvolt owners vote to stay operating while seeking financial rescue | REUTERS

Play Video: Northvolt owners vote to stay operating while seeking financial rescue | REUTERS

The owners of Swedish electric vehicle battery maker Northvolt have voted to continue operations while it tries to sort out its finances. #News #Reuters #Newsfeed #northvolt #goldmansachs #volkswagen Read the story here: https://reut.rs/3Cc99S9 👉 Subscribe: http://smarturl.it/reuterssubscribe Keep up with the latest news from around the world: https://www.reuters.com/ Follow Reuters on Facebook: https://www.facebook.com/Reuters Follow Reuters on Twitter: https://twitter.com/Reuters Follow Reuters on Instagram: https://www.instagram.com/reuters/?hl=en

Published: 8th Jan 2025 05:13:08   By: Reuters

Reuters Video: VW managers to take combined $310 millon pay cut, reports local daily | REUTERS

Play Video: VW managers to take combined $310 millon pay cut, reports local daily | REUTERS

Volkswagen's management will take pay cuts adding up to more than $310 million by 2030, according to comments by VW human resources board member Gunnar Kilian to local paper Braunschweiger Zeitung. #News #Reuters #Newsfeed #volkswagen #paycut #300million Read the story here: https://reut.rs/3DFxi3V 👉 Subscribe: http://smarturl.it/reuterssubscribe Keep up with the latest news from around the world: https://www.reuters.com/ Follow Reuters on Facebook: https://www.facebook.com/Reuters Follow Reuters on Twitter: https://twitter.com/Reuters Follow Reuters on Instagram: https://www.instagram.com/reuters/?hl=en

Published: 8th Jan 2025 04:14:21   By: Reuters

Business Video: In apparent bow to conservative complaints, Zuckerberg ends fact-checking on his platforms

Play Video: In apparent bow to conservative complaints, Zuckerberg ends fact-checking on his platforms

CNN’s Donie Sullivan reports on Meta CEO Mark Zuckerberg’s announcement that Meta will adjust its content review policies on Facebook and Instagram, getting rid of fact-checkers and replacing them with user-generated “community notes,” similar to Elon Musk’s X. Then, CNN’s Anderson Cooper talks to Professor of Marketing Scott Galloway about the potential impacts of the move. #CNN #News

Published: 8th Jan 2025 02:31:05   By: CNN

Business Video: See video Zuckerberg posted about Meta's changes

Play Video: See video Zuckerberg posted about Meta's changes

In a number of sweeping changes that will significantly alter the way that posts, videos and other content are moderated online, Meta will adjust its content review policies on Facebook and Instagram, getting rid of fact checkers and replacing them with user-generated “community notes,” similar to Elon Musk’s X, CEO Mark Zuckerberg announced. CNN’s Clare Duffy reports. #CNN #News

Published: 7th Jan 2025 02:35:14   By: CNN

Business Video: What you should do to make the most of your money in 2025

Play 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

Play 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

Play Video: Woman took Ozempic for her diabetes. Then, she experienced an unexpected side effect

CNN's Nick Watt talks to a woman who describes what she says happened after she started taking Ozempic for her diabetes. #CNN #News

Published: 20th Dec 2024 03:53:19   By: CNN