Spirit Airlines announced it will cut 200 jobs in an effort to reduce costs after filing for bankruptcy in November. 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]
Published: 8th Jan 2025 10:30:07 By: IMF
World Economic Forum Video: Climate Finance: More Actors, More Tools | World Economic Forum Annual Meeting 2025
To achieve net-zero emissions and reverse biodiversity loss by 2050, funding for equitable climate and nature transitions must increase by over $3 trillion annually. This can be unlocked through new finance models and innovative partnerships to accelerate and scale green solutions.
How can private capital, from grants and impact investing to family offices and sovereign wealth funds, be harnessed to catalyse systems change for people and planet?
Speakers: Chavalit Frederick Tsao, Ray Dalio, Dilhan Pillay Sandrasegara, Lutfey Siddiqi, Beatriz Martin Jimenez
The 55th Annual Meeting of the World Economic Forum will provide a crucial space to focus on the fundamental principles driving trust, including transparency, consistency and accountability.
This Annual Meeting will welcome over 100 governments, all major international organizations, 1000 Forum’s Partners, as well as civil society leaders, experts, youth representatives, social entrepreneurs, and news outlets.
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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#Davos2025 #WorldEconomicForum #wef25
Published: 22nd Jan 2025 06:30:12 By: World Economic Forum
World Economic Forum Video: Special Address by Pedro Sánchez, Prime Minister of Spain | World Economic Forum Annual Meeting 2025
A special address by Pedro Sánchez, Prime Minister of Spain
Speakers: Mirek Dušek, Pedro Sánchez
The 55th Annual Meeting of the World Economic Forum will provide a crucial space to focus on the fundamental principles driving trust, including transparency, consistency and accountability.
This Annual Meeting will welcome over 100 governments, all major international organizations, 1000 Forum’s Partners, as well as civil society leaders, experts, youth representatives, social entrepreneurs, and news outlets.
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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#Davos2025 #WorldEconomicForum #wef25
Published: 22nd Jan 2025 06:15:06 By: World Economic Forum
World Economic Forum Video: Conversation with Varsen Aghabekian, Palestinian National Authority | Davos 2025
A conversation with Varsen Aghabekian, Minister of State for Foreign Affairs and Expatriates of the Palestinian National Authority
Speakers: Varsen Aghabekian, Mirek Dušek
The 55th Annual Meeting of the World Economic Forum will provide a crucial space to focus on the fundamental principles driving trust, including transparency, consistency and accountability.
This Annual Meeting will welcome over 100 governments, all major international organizations, 1000 Forum’s Partners, as well as civil society leaders, experts, youth representatives, social entrepreneurs, and news outlets.
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/
X ► https://twitter.com/wef
LinkedIn ► https://www.linkedin.com/company/world-economic-forum
TikTok ► https://www.tiktok.com/@worldeconomicforum
Flipboard ► https://flipboard.com/@WEF
#Davos2025 #WorldEconomicForum #wef25
Published: 22nd Jan 2025 05:57:31 By: World Economic Forum
World Economic Forum Video: Open Forum: Levelling the Playing Field | World Economic Forum Annual Meeting 2025
According to the World Economic Forum's Global Gender Gap Report 2024, parity is still 134 years away. Even when countries enshrine gender equality in law, gender-based discrimination can persist in practice.
What persistent gaps must be tackled to ensure justice and make progress on gender equality?
Speakers: Carmen Correa, Claudia Romo Edelman, Asha Makana, Amitabh Behar, Kate Fitz-Gibbon, Nurul Izzah Anwar
The 55th Annual Meeting of the World Economic Forum will provide a crucial space to focus on the fundamental principles driving trust, including transparency, consistency and accountability.
This Annual Meeting will welcome over 100 governments, all major international organizations, 1000 Forum’s Partners, as well as civil society leaders, experts, youth representatives, social entrepreneurs, and news outlets.
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/
X ► https://twitter.com/wef
LinkedIn ► https://www.linkedin.com/company/world-economic-forum
TikTok ► https://www.tiktok.com/@worldeconomicforum
Flipboard ► https://flipboard.com/@WEF
#Davos2025 #WorldEconomicForum #wef25
Published: 22nd Jan 2025 05:45:00 By: World Economic Forum
World Economic Forum Video: State of Climate and Nature
This year marks the 10th anniversary of the historic Paris Agreement, however the world is not yet on track to meet its goals. While momentum to decarbonize economies, build nature-positive systems and set up key financing mechanisms is growing, we lack the speed, scale and quality needed to prevent this emergency.
What kinds of innovation and partnerships can turn crisis into opportunity and progress for people and planet in this critical decade of action?
During the session, the 2025 Social Entrepreneurs and Innovators of the Year will be announced by the Schwab Foundation.
Published: 22nd Jan 2025 05:44:48 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
Read the story here: https://reut.rs/4geiIhj
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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
Read the story here: https://reut.rs/4gbaTt1
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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
Read the story here: https://reut.rs/4hmZRSo
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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
Read the story here: https://reut.rs/4avdRra
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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: 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
The Supreme Court has ruled that a controversial ban on TikTok may take effect on Sunday, January 19, rejecting an appeal from the popular app’s owners that claimed the ban violated the First Amendment. #cnn #news #tiktok #tiktokban #supremecourt #scotus #supremecourtdecision
Fri, 17 Jan 2025 13:57:00 GMT (CNN)– Spirit Airlines says it will cut 200 non-union jobs in an attempt to cut costs. This comes after the carrier filed for bankruptcy in November. Spirit has struggled with debt, competition from ...
Fri, 17 Jan 2025 09:00:00 GMT Spirit Airlines, which filed for bankruptcy protection in November and is the sole commercial carrier at Atlantic City International Airport, has cut another 200 jobs across multiple departments, the ...
Fri, 17 Jan 2025 04:24:00 GMT Ultra-low-cost carrier Spirit Airlines has announced plans to cut 200 jobs in an effort to reduce costs after filing for bankruptcy protection.
Thu, 16 Jan 2025 21:21:00 GMT Spirit Airlines is planning significant restructuring actions after filing for bankruptcy in November 2024, cutting an estimated 200 jobs in a variety of different departments. These changes were ...