California is among the handful of states that contribute more in federal taxes than they receive from the federal government. Original Image Link Source:www.msn.com
Global growth is projected at 3.3% for 2025-26, falling below the 3.7% historical average. Despite the steady outlook, the world economy shows increasing divergence in growth paths. IMF Chief Economist Pierre-Olivier Gourinchas presents the highlights of the latest World Economic Outlook. https://www.imf.org/en/Publications/WEO/Issues/2025/01/17/world-economic-outlook-update-january-2025?cid=sm-com-ig-WEOET2025003
Published: 18th Jan 2025 05:15:02 By: IMF
IMF 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: 18th Jan 2025 02:53:25 By: IMF
IMF Video: World Economic Outlook Update – January 2025
We project global economic growth at 3.3% this year and next. Learn how policymakers can address challenges and boost growth in the latest World Economic Outlook Update. https://www.imf.org/en/Publications/WEO/Issues/2025/01/17/world-economic-outlook-update-january-2025?cid=sm-com-ig-WEOET2025003
Published: 17th Jan 2025 02:00:09 By: IMF
IMF 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: 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]
Nearly five years since the COVID-19 pandemic upended the global economy, growth is slow but stable, inflation has gradually declined in advanced economies and trade trends have turned positive. Despite this, there remain challenges such as high public debt burdens, ongoing geo-economic tensions and the potential impact of industrial policies on smaller countries.
Given this landscape, what are the plausible scenarios for the global economy in 2025?
Published: 24th Jan 2025 09:58:07 By: World Economic Forum
With AI, space exploration and biotechnology advancing rapidly, some see these innovations as solutions to humanity’s greatest challenges, while others raise concerns about ethics, society and inequality.
In this town hall, leaders debate how to responsibly harness emerging technologies to maximize benefits while minimizing risks.
Speakers include: Dava Newman Director, MIT Media Lab
Yann LeCun Vice-President and Chief Artificial Intelligence (AI) Scientist, Meta
Ina Turpen Fried Chief Technology Correspondent, Axios
Catch up on all the action from the Annual Meeting 2025 at wef.ch/wef25 (http://wef.ch/wef25) and across social media using the hashtag #WEF25.
Check out all our podcasts on wef.ch/podcasts (http://wef.ch/podcasts) :
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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/15§ 34915560 (https://pod.link/1534915560)
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Join the World Economic Forum Podcast Club (https://www.facebook.com/groups/wefpodcastclub) : https://www.facebook.com/groups/wefpodcastclub
Published: 24th Jan 2025 10:42:32 By: World Economic Forum
As AI evolves from a support tool to a co-pilot, the dynamics of building and running a company are changing. Companies are increasingly relying on technology enabling one individual to achieve what previously required entire teams.
How far are we from a true one-person unicorn and what does this mean for the future of employment and capital?
Published: 24th Jan 2025 10:10:40 By: World Economic Forum
Despite the ratcheting up of trade tensions between the United States, Europe and China, a high level of mutual economic dependency continues to bind the world's major powers together and - at present - prevents competition from escalating into conflict.
As the three powers delicately balance continued dialogue and engagement with the pursuit of their geo-economics interests, what will their future relationship look like?
This session was developed in collaboration with Politico.
Published: 24th Jan 2025 10:08:45 By: World Economic Forum
Reuters Video: Market Talk: US economy will see a 'slowdown of sorts' | REUTERS
In today’s episode of Market Talk, Hetal Mehta from St James's Place told Reuters that the US won't be able to keep up its recent robust levels of growth and that a slowdown is the most likely outcome.
#News ## #Reuters #Newsfeed
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Published: 22nd Jan 2025 12:19:48 By: Reuters
Reuters Video: EasyJet posts smaller loss on easing costs, rising demand | REUTERS
EasyJet's shares dropped to their lowest level since October as the company flagged weaker revenue expectations for the second quarter.
#News #Reuters #Newsfeed #Airlines #Shares
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Published: 22nd Jan 2025 11:14:08 By: Reuters
Reuters Video: Netflix hits record numbers as 'Squid Game' pulls in viewers | REUTERS
Netflix reaffirmed its dominance of the streaming market, as its mixture of live sporting events and popular returning series - including a new season of 'Squid Game' - helped attract a record number of subscribers over the holiday quarter.
#News #Reuters #Newsfeed #netflix #netflixseries #earnings #squidgame2 #miketysonjakepaul #miketyson #jakepaul #livestream #livestreaming #streaming
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Published: 22nd Jan 2025 08:58:09 By: Reuters
Reuters Video: Trump threatens EU tariffs, warns of Feb. 1 China deadline | REUTERS
Donald Trump says his administration is discussing new tariffs on Chinese goods by Feb. 1, raising the threat of a retaliatory trade war with the world’s second-largest economy. Trump also singled out the EU for troubling trade imbalances with the US.
#News #Reuters #Newsfeed #donaldtrump #presidentdonaldtrump #UStariffs #tariffs #tradewar #europeanunion
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Published: 22nd Jan 2025 08:19:33 By: Reuters
Reuters Video: Elon Musk can buy TikTok if he wants, Trump says | REUTERS
President Donald Trump said he was open to Elon Musk buying TikTok if the Tesla CEO wanted to do so. On his first day in office, Trump signed an executive order delaying by 75 days a ban on the app in the US on national security grounds.
#News #Reuters #Newsfeed #donaldtrump #presidentdonaldtrump #elonmusk #tiktok #tiktokban #ustiktok
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Published: 22nd Jan 2025 07:29:18 By: Reuters
Business Video: Swisher says Musk is bashing Trump’s AI project because he’s not part of it
CNN contributor Kara Swisher joins CNN’s Anderson Cooper to discuss Elon Musk appearing to undermine President Donald Trump’s $500 billion AI infrastructure investment from the White House. #CNN #News
Published: 23rd Jan 2025 02:27:31 By: CNN
Business Video: Debris from SpaceX rocket’s disintegration causes flight disruptions
SpaceX’s colossal Starship launch system lifted off on its seventh uncrewed test flight, with an upgraded version of the megarocket embarking on the program’s most ambitious flight to date. SpaceX was able to duplicate its prior feat of catching a booster that returned to Earth. But 8.5 minutes into flight, the Starship spacecraft itself was lost. #CNN #News
Published: 17th Jan 2025 08:30:09 By: CNN
Business Video: Mel Robbins' new book is so popular, some are getting tattoos of the title
Before best-selling author Mel Robbins became one of the world's top podcasters, her life was in crisis as she tried to ignore the $800,000 worth of debt she and her husband owed.
In a chat with CNN's Sara Sidner, Robbins describes how her life changed after adopting a simple technique. Her latest book, "The Let Them Theory" has found such a dedicated following -- some are tattooing the theory on their bodies. #CNN #News
The Supreme Court ruled that a controversial ban on TikTok may take effect this weekend. What does it mean for users? CNN's Hadas Gold looks at some of the possibilities. #cnn #news #tiktok #tiktokban
Published: 17th Jan 2025 06:39:24 By: CNN
Business Video: Pamela Brown shares what Trump said after Court’s TikTok ruling
The Supreme Court ruled that a controversial ban on TikTok may take effect this weekend, rejecting an appeal from the popular app’s owners that claimed the ban violated the First Amendment. The court handed down an unsigned opinion and there were no noted dissents. #CNN #News
Thu, 16 Jan 2025 13:27:00 GMT California is among the handful of states that contribute more in federal taxes than they receive from the federal government.
Thu, 16 Jan 2025 09:49:00 GMT L.A. County's wildfires add uncertainty to California's already shaky recovery from the pandemic-era recession and higher than average unemployment.