insert_link Africa Davos: Global economists see bright spots in Africa growth prospects By Conrad Onyango, bird story agency Top economists agree that Africa's economic prospects for 2024 are positive, as small countries sparkle in the face of sluggish global growth projections. Chief economists from the World Economic Forum, World Bank and United Nations project Africa’s economy will defy the impacts of weak investments, debt crises, inflation, tight financial conditions and extreme weather patterns to record an improvement over 2023. A strong majority […] today19 January, 2024
insert_link Business / Economics New Global alliance for women’s health could help boost global economy by $1 trillion annually by 2040 A new World Economic Forum report released today shows that closing the women’s health gap would allow more women to live healthier, higher-quality lives, and provide an unprecedented boost to the global economy. Closing the Women’s Health Gap: A $1 Trillion Opportunity to Improve Lives and Economies, developed in collaboration with the McKinsey Health Institute, analyses the health conditions that uniquely or disproportionately affect women and quantifies the health gap […] today19 January, 2024
insert_link World Ukraine will work with ‘any reality’ after US elections Ukraine will work with whoever wins the US presidential election later this year, Foreign Minister Dmytro Kuleba told AFP on Thursday on the sidelines of the World Economic Forum in Davos. With former US president Donald Trump the frontrunner to win the Republican nomination, there are fears Washington's policy on Ukraine would change if he wins. With Congress already divided on giving more arms to Ukraine, some worry Trump will […] today18 January, 2024
insert_link Opinion Pieces At Davos Forum, Secretary-General Warns of Global Norms Collapsing, Highlights Need to Rebuild Trust, Reform Governance UN Secretary-General António Guterres’ remarks to the World Economic Forum, in Davos, Switzerland: Thank you very much for your warm welcome. It’s good to be back — to be back and to see Davos highlighting the global crisis in trust. I believe this crisis is the direct result of a paradox facing our world. In the face of the serious, even existential threats posed by runaway climate chaos, and the […] today18 January, 2024
insert_link Science & Technology AI Governance Alliance Calls for Inclusive Access to Advanced Artificial Intelligence The AI Governance Alliance (AIGA) released today a series of three new reports on advanced artificial intelligence (AI). The papers focus on generative AI governance, unlocking its value and a framework for responsible AI development and deployment. The alliance brings together governments, businesses and experts to shape responsible AI development applications and governance, and to ensure equitable distribution and enhanced access to this path-departing technology worldwide. “The AI Governance Alliance is uniquely […] today18 January, 2024
insert_link Business / Economics Wealth of top 5 billionaires doubles as global poverty rises The fortunes of the world's five richest individuals have doubled to $869 billion since 2020, while five billion people face increased poverty. Oxfam reports that billionaires now control 70% of the world's biggest companies, prompting the anti-poverty agency to urge governments to break up monopolies, impose wealth taxes, and explore alternative ownership models like employee ownership. The findings coincide with the World Economic Forum meeting in Davos. today15 January, 2024
insert_link Business / Economics Amidst Ongoing Global Crises, Gates Foundation announces largest annual budget ever: $8.6 Billion in 2024 to save and improve lives The Bill & Melinda Gates Foundation today announced its largest annual budget to date as it works toward the goal of a healthier, more prosperous world for all. With global health budgets in decline overall, a portion of the additional funding will go toward advancing global health innovations that will save and improve the lives of some of the world’s most vulnerable people, including newborn babies and pregnant mothers […] today15 January, 2024
insert_link Business / Economics Wealth of five richest men doubles since 2020 as five billion people made poorer in “decade of division,” says Oxfam The world’s five richest men have more than doubled their fortunes from $405 billion to $869 billion since 2020 —at a rate of $14 million per hour— while nearly five billion people have been made poorer, reveals a new Oxfam report on inequality and global corporate power. If current trends continue, the world will have its first trillionaire within a decade but poverty won’t be eradicated for another 229 years. […] today15 January, 2024
insert_link Business / Economics Global Risks 2024: Disinformation Tops Global Risks 2024 as Environmental Threats Intensify Drawing on nearly two decades of original risks perception data, the World Economic Forum’s Global Risks Report 2024 warns of a global risks landscape in which progress in human development is being chipped away slowly, leaving states and individuals vulnerable to new and resurgent risks. Against a backdrop of systemic shifts in global power dynamics, climate, technology and demographics, global risks are stretching the world’s adaptative capacity to its limit. These are […] today11 January, 2024
