The investment is meant to build the clean energy workforce while creating job opportunities in low-income communities. Original Image Link Source:www.msn.com
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.
Published: 17th Oct 2024 06:27:06 By: IMF
IMF Video: Press Briefing: Global Financial Stability Report (GFSR), October 2024
The Global Financial Stability Report (GFSR) provides an assessment of the global financial system and markets, and addresses emerging market financing in a global context. It focuses on current market conditions, highlighting systemic issues that could pose a risk to financial stability and sustained market access by emerging market borrowers. The GFSR draws out the financial ramifications of economic imbalances highlighted by the IMF's World Economic Outlook.
- Tobias Adrian, Financial Counselor and Director, Monetary and Capital Markets Department, IMF
- Jason Wu, Assistant Director, Monetary and Capital Markets Department, IMF
- Caio Ferreira, Deputy Division Chief, Monetary and Capital Markets Department, IMF
Moderated by Alexander Müller, Communications Analyst, IMF
IMF.org/GFSR
The IMF welcomes Principality of Liechtenstein as its 191st member. Here are five things you may not know about Liechtenstein. https://www.imf.org/en/News/Articles/2024/10/21/cf-five-things-you-may-not-know-about-liechtenstein
Published: 22nd Oct 2024 02:13:17 By: IMF
IMF Video: Press Briefing: World Economic Outlook, October 2024
Is the battle against inflation almost over? How can policy shape the global economy next?
Join our Chief Economist Pierre-Olivier Gourinchas, Petya Koeva-Brooks, and Jean-Marc Natal for our latest projections and global economy analysis on Tuesday, October 22 at 9 AM ET. https://www.imf.org/en/Publications/WEO/Issues/2024/10/22/world-economic-outlook-october-2024?cid=sm-com-fb-AM2024-WEOEA2024002
The World Economic Outlook forecasts 3.2% growth for 2024-2025, with inflation dropping to 4.3% by 2025. With a smooth landing within reach, it is time for governments to rebuild buffers and boost long-term growth. Learn more. https://www.imf.org/WEO
Published: 22nd Oct 2024 01:00:18 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.
_____________________________________________
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: 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: 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
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!
Sign up here: https://www.cnn.com/newsletters/5-things?source=nl-acq_social_youtubedesc&utm_source=nl-acq_social_youtubedesc
Tue, 22 Oct 2024 02:45:00 GMT A think tank site recently graded all 50 governors when it comes to taxes and spending. Here's what the report said about Gov. Pritzker.
Mon, 21 Oct 2024 15:19:00 GMT As a result, affected individuals and businesses will have until Feb. 3 to file returns and pay any income taxes that were originally due during the affected period.
Mon, 21 Oct 2024 12:22:00 GMT For the third time in less than three months, Illinois Gov. J.B. Pritzker has delivered remarks at an event related to quantum computing.
Wed, 25 Sep 2024 17:01:00 GMT Illinois EDGE for Startups offers tax credits for new hires, retained jobs and training costs ... at the Southeast Side campus. Pritzker said the state’s investment in quantum computing will ...