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☆ How the climate crisis will affect the U.S. economy: Top economists Jeffrey Sachs, Nouriel Roubini and Mark Zandi discuss
▼ + stars: | 2024-03-17 | by ( Jack Hillyer | In Jackhillyer | ) www.cnbc.com time to read: +1 min

As the climate crisis continues to pose a global threat, top economists are debating its effect on the U.S. economy. Mark Zandi, chief economist at Moody’s Analytics, projects "physical risks" will be the biggest economic cost over the next 10 to 20 years. Zandi also projects transition costs associated with moving from a fossil fuel-dominated economy to one driven by green energy will put a weight on the U.S. economy. Nouriel Roubini, an economics and international business professor at New York University, says there will be pressure from stakeholders and society to make a green transition. Watch the video above to see how top economists predict the climate crisis will affect the U.S. economy.

Persons: Mark Zandi, Jeffrey Sachs, ”, Sachs, Labor Robert Reich, Nouriel, Mariana Mazzucato Organizations: Moody’s, Columbia University, Labor, New York University, University College London Locations: U.S

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEconomists discuss the effects of climate change on the U.S. economyAs the climate crisis continues to pose a global threat, top economists are debating its effects on the U.S. economy. In this episode of "The Bottom Line," see how renowned economists such as Jeffrey Sachs and Mark Zandi forecast the economic impact.

Persons: Jeffrey Sachs, Mark Zandi Locations: U.S

☆ Biden plans to work with world leaders to ensure AI's use as a tool of 'opportunity'
▼ + stars: | 2023-09-19 | by ( Lauren Feiner | ) www.cnbc.com time to read: +2 min

"Emerging technologies such as artificial intelligence hold both enormous potential and enormous peril," Biden said at the U.N. on Tuesday. "We need to be sure they're used as tools of opportunity, not as weapons of oppression. The discussion is taking place with the backdrop of an intense competition with China, which is also seeking to be a world leader in the technology. In the meantime, several agencies have asserted their ability to rein in the abuses of AI with existing legal power. The Biden administration has also secured voluntary commitments from leading AI companies to test their tools for security before they release them to the public.

Persons: Joe Biden, Biden, Chuck Schumer, Elon Musk, Mark Zuckerberg, Schumer, Jeffrey Sachs Organizations: United Nations General Assembly, European Union, National Institute of Standards, Technology, U.S . Department of Commerce Locations: United States, U.S, China, Russia

☆ US is 'leaning hard' on Italy to leave the BRI, not because it is bad for Italy: Jeffrey Sachs
▼ + stars: | 2023-09-11 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailUS is 'leaning hard' on Italy to leave the BRI, not because it is bad for Italy: Jeffrey SachsJeffrey Sachs of Columbia University weighs in on U.S.-China tensions and says the newly-announced trade corridor linking India, the gulf region and Europe is not about countering China.

Persons: Jeffrey Sachs Jeffrey Sachs Organizations: Columbia University Locations: Italy, U.S, China, India, Europe

☆ Capital flow is key to deliver development agreements reached at G20
▼ + stars: | 2023-09-11 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCapital flow is the key to deliver all the development agreements that were reached at G20 summit:Jeffrey Sachs of Columbia University says "hard work needs to be done" after the G20 Summit concluded in India with promises to help poorer countries to develop.

Persons: Jeffrey Sachs Organizations: Columbia University Locations: India

☆ How Ron DeSantis Joined the ‘Ruling Class’ — and Turned Against It
▼ + stars: | 2023-08-20 | by ( Nicholas Confessore | More About Nicholas Confessore | ) www.nytimes.com time to read: +4 min

In January, Pinellas school district officials yanked Toni Morrison’s classic novel “The Bluest Eye” from high schools after a parent complained about a two-page rape scene. But in counties like Pinellas, his policies and rhetoric have already had what his critics believe is their intended effect. She objected to parts of the syllabus Mr. Robinson had distributed to his class on African-American history, which her son had briefly enrolled in. “I don’t stop my class and ask my white kids, ‘Hey, how are you feeling?’ What kind of teacher would do that?” Mr. Robinson said. In January, someone reported Mr. Robinson for a TikTok mentioning that he had taught students in his Dunedin sociology class about the Black thinker W.E.B.

Persons: DeSantis, yanked Toni Morrison’s, Ruby, ”, Jeffrey Sachs, Diaz, Laura Hine, Renee Chiea —, —, Brandt Robinson, Robinson, Chiea, Nell Irvin Painter, DeSantis’s, Mr, “ It’s, Robinson’s, W.E.B, Du Bois Organizations: Republican, Liberty, Disney, Acadia University, Dunedin High School, Princeton, America, Mr, The Times, Black Locations: Pinellas County, Pinellas, ”, New Orleans, Nova Scotia, Tallahassee ’, Florida, Dunedin

☆ How China, Russia, AI, and inflation threaten economic stability: Jeffrey Sachs
▼ + stars: | 2023-07-12 | by ( Mark Licea | Lindsey Jacobson | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHow China, Russia, AI, and inflation threaten economic stability: Jeffrey SachsGeopolitical tensions with China, the U.S. and Russia will continue to hurt the economy, says Jeffrey Sachs, director of the Center for Sustainable Development. In this episode of "The Bottom Line," Sachs explains key risks for companies including climate change, inflation and productivity.

Persons: Jeffrey Sachs, Sachs Organizations: Center for Sustainable Development Locations: China, Russia, U.S

☆ How China, U.S., Russia and Ukraine tension threatens global economic growth: Jeffrey Sachs
▼ + stars: | 2023-07-12 | by ( Mark Licea | ) www.cnbc.com time to read: +2 min

Geopolitical tension is the biggest risk to companies' bottom lines right now said Columbia University economics professor, Jeffrey Sachs. We should negotiate a peace in Ukraine," Sachs told CNBC. He said issues between China, Ukraine and Russia are major reasons why global profitability is low. Trade conflict between the U.S. and China is strained due to a history involving tariffs, tech rivalry and alleged spying. As a result, the U.S. government is dismantling long-standing supply chain relationships with China, creating supply shocks.

Persons: Jeffrey Sachs, Sachs, we're Organizations: Columbia University, CNBC, U.S Locations: U.S, Ukraine, China, Russia, United States

☆ False flag? Analysts says Russia 'likely staged' Kremlin drone attack it blamed on Ukraine and the West
▼ + stars: | 2023-05-04 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +9 min

Ukraine denied any involvement in the incident, with officials saying it more likely signaled that Russia was planning a large-scale terrorist attack against Ukraine in the coming days. The Kremlin went further in its accusations on Thursday, claiming that Washington had helped Ukraine to plot and orchestrate the drone attack. CNBC contacted the Kremlin for a response to claims that it was likely behind the drone attack itself. A view of the roof of Senate Palace of the Kremlin from Red Square on May 3, 2023 in Moscow, Russia. The Kremlin said the drone attack had taken place "on the eve of Victory Day, the May 9th Parade, at which the presence of foreign guests is also planned."

☆ Who is Nouriel Roubini, Wall Street's 'Dr. Doom' economist who has warned of catastrophe for 2 decades?
▼ + stars: | 2023-04-09 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +6 min

Nouriel Roubini, the economist known as "Dr. Doom", has been warning of disaster for two decades. He rose to prominence after being among the commentators to call the 2008 financial crisis. When he spoke of an impending housing crash at the International Monetary Fund that year, the audience chuckled, the New York Times reported. Nouriel Roubini economics professor at New York University attends 48th edition of Economic Forum of Cernobbio on September 02, 2022 in Cernobbio, Italy. "Even a stopped clock is right twice a day," Anirvan Banerji, a critic of Roubini's told the New York Times in 2008.

Russia wants the 15-member council to ask for an independent inquiry into the blasts on the pipelines connecting Russia and Germany, which spewed gas into the Baltic Sea. "The authorities of Denmark, Germany and Sweden have been in dialogue regarding the investigation of the gas leaks, and the dialogue will continue to the relevant extent." Russia has asked U.S. economist Jeffrey Sachs, of the Center for Sustainable Development at Columbia University, to brief the Security Council at Tuesday's meeting. The consequences as concerns greenhouse gas emissions are substantial and worrisome," Denmark, Germany and Sweden wrote. This means a vote could coincide with meetings of the U.N. General Assembly and Security Council to mark the first anniversary of Moscow's invasion of Ukraine.

☆ Putin’s American Cheerleaders
▼ + stars: | 2023-01-07 | by ( Adrian Karatnycky | ) www.wsj.com time to read: +1 min

American commentators and journalists often appear on Ukrainian television expressing solidarity and offering analysis. Russia’s airwaves have largely been free of U.S. voices, save for occasional clips from American airwaves by Ukraine critics such as Tulsi Gabbard , Tucker Carlson and Rep. Marjorie Taylor Greene . Most U.S. guests on Russian media come from the fringe, including former Virginia State Sen. Richard Black , who associates with the Lyndon LaRouche movement’s Schiller Institute, and Scott Ritter , an embittered and disgraced former American intelligence officer turned critic of the war in Iraq. More surprising are the appearances of several establishment figures: Columbia University economist Jeffrey Sachs ; the National Interest’s former national security correspondent, Mark Episkopos ; and Dimitri Simes , until recently president of the Center for the National Interest. They willingly appear on the programs of Russia’s most odious state propagandist, Vladimir Solovyov .

☆ U.S.-China relations: There's been 'too much U.S. unilateralism,' says professor
▼ + stars: | 2022-11-14 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailU.S.-China relations: There's been 'too much U.S. unilateralism,' says professorJeffrey Sachs of Columbia University says the United States and China need to establish "ongoing, normal diplomacy and dialogue."

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