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☆ Global gender gap could take 134 years to close — but 2024 elections offer hope, WEF says
▼ + stars: | 2024-06-11 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +2 min

The 2024 bumper election year presents a unique opportunity to make progress in closing the global gender gap, according to the World Economic Forum. It is now estimated to take 134 years — or five generations — to close the global gender gap, up from 131 years in 2023, WEF said. This year's sweeping election cycle could narrow that gap, however, by boosting women's representation in the political sphere, the non-governmental organization said. WEF's Global Gender Gap Report, now in its 18th year, is an annual index designed to measure gender equality. "With over 60 national elections in 2024 and the largest global population in history set to vote, women's political representation and the overall gender gap could be set to improve," the report said.

Persons: WEF, Saadia Zahidi, Claudia Sheinbaum, Halla Tomasdottir Organizations: Economic Locations: Saroi, Bhadohi, India's Uttar Pradesh, Mexico, Iceland

A view across the demarcation into Metula, Israel as seen from the Lebanese side of the demarcation line. But a Lebanese source familiar with the matter ruled this out. Hezbollah may only be compelled to join an Iranian war effort if the strike leads to further escalation, the same Lebanese source said. It provided a glimpse of how Hezbollah might attempt to overwhelm Israel’s defensive systems as Iran conducts its expected attack. From one of Spain’s bases near the demarcation line, there is a clear view of a microcosm of Lebanon’s long-standing border issues with Israel.

Persons: Kafr, Lebanon CNN —, ”, Juan Garcia Martinez, Charbel Mallo, —, Mohammad Reza Zahidi, “, Ali Khamenei, Sina Toosi, Yemen’s Houthis, ” Nasrallah, Israel –, Mallo, CNN Hezbollah’s, Hector Alonso, CNN’s MJ Lee, Natasha Bertrand, Zeena Saifi, Oren Liebermann Organizations: Lebanon CNN, CNN, UN, United Nations, Iran’s, Center for International, Hezbollah, Spanish UNIFIL, Israel Locations: Kafr Kila, Lebanon, Galilee, Spanish, Israel, Metula, Lebanese, Iran, Damascus, UNIFIL, Iranian, Gaza, Ghajar, Syrian, al

☆ Women in Iceland want you to know it's not a gender equality utopia, despite what the statistics say
▼ + stars: | 2024-02-16 | by ( Grace Dean | ) www.businessinsider.com time to read: +22 min

AdvertisementBoth Icelandic and foreign-born women told BI that though they largely feel safe in Iceland, it's no feminist paradise. "That was like a wake up call for many women," Thorgerdur J. Einarsdóttir, professor of gender studies at the University of Iceland, told BI. Some groups of women are more vulnerable to violence and low wages, including foreign-born women, women with disabilities, and trans women, the interviewees said. Older generations fight so younger ones can flourishBut despite these concerns, the women BI spoke to said that they largely felt safe living in Iceland. Women BI spoke to largely said they felt optimistic about the changes that future generations would bring.

Persons: —, Arni Torfason, Saadia Zahidi, Valenttina Griffin, Grace Dean, Adolphsdóttir, Einarsdóttir, Vigdís Finnbogadóttir, Sigurðardóttir, Iceland's, Halldor Kolbeins, Sonja Ýr Þorbergsdóttir, Þorbergsdóttir, Inclusivity, Alice Olivia Clarke, Mads Claus Rasmussen, Ritzau Scanpix, they'd, Steinars, she'd, she's, Ása Steinars, Alondra Silva Muñoz, Griffin, Silva Muñoz, Sigrún, Rósa, that's, Shruthi Basappa, I've, it's, Jewells Chambers, Silva Muñoz –, millennials –, … Organizations: Service, Viking Women, Stockings, Women's Rights, Nordic, Red Stockings, United Nations, Farmers ' Union, University of Iceland, Getty, Iceland, UN, Statistics, Sweden –, Icelandic Teachers ' Union, SEI Locations: Iceland, Reykjavik, Icelandic, Denmark, AFP, Canada, Norway, Sweden, Statistics Iceland, Colombia, Lithuania, Spain, Poland, India, Chile, WomenTechIceland, it's, Brooklyn, New York City, Thorhildur

☆ 2024 will be a perilous year for the world economy as geopolitical tensions ramp up, top economists warn
▼ + stars: | 2024-01-17 | by ( George Glover | ) www.businessinsider.com time to read: +2 min

Top economists are fretting about geopolitical tensions, according to a World Economic Forum survey. AdvertisementThe year 2024 will likely be a stormy one for the global economy as growth slows and geopolitical tensions ramp up around the world, according to a World Economic Forum survey. More than half the respondents said the world economy will get weaker this year, and 70% predicted looser financial conditions – implying that they believe central banks, including the US Federal Reserve, will start lowering interest rates at some point in 2024. Advertisement"Amid accelerating divergence, the resilience of the global economy will continue to be tested in the year ahead," WEF managing director Saadia Zahidi said. "Though global inflation is easing, growth is stalling, financial conditions remain tight, global tensions are deepening and inequalities are rising."

Persons: they're, Ray Dalio, Jamie Dimon, —, Saadia Zahidi, JPMorgan Chase, aren't Organizations: Service, US Federal Reserve, JPMorgan, Sunday Times, Bridgewater Associates Locations: Swiss, Davos, Ukraine, China, Chicago

☆ World Economic Forum risks report sees a ‘global catastrophe’ within 10 years
▼ + stars: | 2024-01-10 | by ( Hanna Ziady | ) edition.cnn.com time to read: +5 min

The gloomy outlook comes from an annual survey by the World Economic Forum (WEF) of people paid to identify and manage global risks. According to the report published Wednesday, nearly two-thirds of respondents expect an “elevated chance of global catastrophes” in the next decade. Sam Yeh/AFP/Getty ImagesExtreme weather events were ranked the number two short-term risk, demonstrating heightened awareness about the environment and climate change in a year plagued by rising temperatures and rampant floods and wildfires. Cyber insecurity also made it into the top five short-term risks, for the first time in a decade. Lack of economic opportunity, persistently high inflation and an economic downturn were ranked sixth, seventh and ninth on the list of short-term risks respectively.

Persons: “, Carolina Klint, Marsh McLennan, ”, Hou Yu, Sam Yeh, “ It’s, Saadia Zahidi, ” Zahidi, ” John Scott Organizations: London CNN, Humanity, World Economic, American Psychological, Marsh, CNN, ih, Getty, Zurich Insurance Group Locations: Davos, Switzerland, Israel, Carolina, Europe, Taoyuan, AFP

☆ It's extreme weather — not AI or disinformation — over the coming decade that's worrying business leaders and politicians the most
▼ + stars: | 2024-01-10 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +3 min

Extreme weather is a prime concern for business leaders and politicians. About two-thirds of 1,400 respondents are worried about extreme weather, per its Global Risks Report. Extreme weather and critical changes to Earth's systems are the greatest long-term concern for politicians and business leaders, according to the World Economic Forum's Global Risks Report 2024. It gathered the views of some 1,400 global risks experts, policy-makers, and industry leaders surveyed in September 2023. Related storiesThe researchers found that misinformation and disinformation were the biggest short-term risks, while extreme weather was the greatest long-term concern.

Persons: Saadia Zahidi, John Scott of Organizations: Economic, Service, Economic Forum, John Scott of Zurich Insurance Locations: Davos, Switzerland

☆ Election disruption from AI poses the biggest global risk in 2024, Davos survey warns
▼ + stars: | 2024-01-10 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +3 min

The World Economic Forum's "Global Risks Report 2024," released Wednesday, ranked AI-derived misinformation and disinformation — and its implications for societal polarization — ahead of climate change, war and economic weakness in its top 10 risks over the next two years. "How that is going to play out is going to be quite important for us to watch," she added. watch nowThe WEF report, which was also produced in collaboration with Zurich Insurance Group, surveyed over 1,400 global risk experts, policymakers and industry leaders in September 2023 about their biggest global concerns. Top 10 global risksThe most cited risks for the next two years were, in order: misinformation and disinformation, extreme weather events, societal polarization, cyber insecurity and interstate armed conflict. Also in the top 10 were lack of economic opportunity, inflation, involuntary migration, economic downturn and pollution.

Persons: Alfieri, Carolina Klint, Marsh McLennan, CNBC's Silvia Amaro, Saadia Zahidi Organizations: Zurich Insurance Group Locations: Carolina, Europe

☆ The 10 best countries to live in if you're a woman and want to go to school, get a job, and be politically empowered
▼ + stars: | 2023-10-03 | by ( Amanda Goh | ) www.businessinsider.com time to read: +2 min

The World Economic Forum, or WEF, released its Global Gender Gap Report 2023 in June. AdvertisementAdvertisementAlthough no country has fully closed its gender gap, Scandinavian countries are taking the lead, according to the World Economic Forum's Global Gender Gap Report 2023. The study found that the global gender gap has closed by 68.4% — up by 0.3% from last year's 68.1%. The Global Gender Gap Report compares countries' gender gap in four different areas: economic participation and opportunity, educational attainment, health and survival, and political empowerment. The average of each subindex score is then used to calculate the overall Global Gender Gap Index score.

Persons: —, Saadia Zahidi Organizations: Economic, US, Service

☆ The 20 best countries for women—the U.S. isn’t one of them
▼ + stars: | 2023-06-23 | by ( Morgan Smith | ) www.cnbc.com time to read: +3 min

No country has yet achieved full equality between men and women — but some countries are doing a better job of closing the gender gap than others. The Global Gender Gap Report, now in its 17th year, compares countries' gender gaps across four dimensions: economic opportunities; educational attainment; health and survival; and political empowerment. Nordic countries, such as Finland and Iceland, have been exemplary in this regard, having elected several female heads of government. There are a number of reasons why Europe has been more successful in closing the gender gap than the U.S., says Zahidi. One reason is that European countries have invested more in care infrastructure, offering affordable child care, paid parental leave and universal health care.

Persons: Saadia Zahidi, Joe Biden's, Noreen Farrell, Zahidi, Roe, Wade, Farrell Organizations: Economic, Iceland Norway Finland New Zealand, Iceland Norway Finland New Zealand Sweden Germany Nicaragua Namibia Lithuania Belgium Ireland Rwanda, Iceland Norway Finland New Zealand Sweden Germany Nicaragua Namibia Lithuania Belgium Ireland Rwanda Latvia Costa Rica United, Iceland Norway Finland New Zealand Sweden Germany Nicaragua Namibia Lithuania Belgium Ireland Rwanda Latvia Costa Rica United Kingdom Philippines Albania Spain The Republic of Moldova South, WEF, Yale Locations: Iceland, Norway, Finland, New Zealand, Sweden, Iceland Norway Finland, Iceland Norway Finland New Zealand Sweden Germany Nicaragua Namibia Lithuania Belgium Ireland, Iceland Norway Finland New Zealand Sweden Germany Nicaragua Namibia Lithuania Belgium Ireland Rwanda Latvia Costa, Iceland Norway Finland New Zealand Sweden Germany Nicaragua Namibia Lithuania Belgium Ireland Rwanda Latvia Costa Rica United Kingdom Philippines Albania Spain The Republic of Moldova, Iceland Norway Finland New Zealand Sweden Germany Nicaragua Namibia Lithuania Belgium Ireland Rwanda Latvia Costa Rica United Kingdom Philippines Albania Spain The Republic of Moldova South Africa, U.S, Europe, North America

☆ Global gender gap could take 131 years to close after a generation of progress was lost to Covid, WEF says
▼ + stars: | 2023-06-21 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +4 min

At the current rate, it will take 131 years to close the global gender gap, according to the World Economic Forum. Sopa Images | Lightrocket | Getty ImagesIt could now take 131 years to close the global gender gap after an "entire generation" of progress was lost to Covid-19, according to the World Economic Forum. European countries lead on gender equalityThe Global Gender Gap Report, now in its 17th year, benchmarks gender-based gaps in fours areas: economic participation and opportunity; educational attainment; health and survival; and political empowerment. While no country has yet achieved full gender parity, the top nine ranking countries have closed at least 80% of their gap. watch nowOn a regional level, Europe has the highest gender parity at 76.3%, overtaking North America, where 75% of the gap is closed.

Persons: WEF, Saadia Zahidi, Zahidi, CNBC's Joumanna, there's Organizations: Economic, U.S, Pacific, Getty Locations: Iceland, Norway, Finland, New Zealand, Sweden, Germany, Nicaragua, Namibia, Lithuania, Belgium, Europe, North America, United States, Latin America, Caribbean, Eurasia, Central Asia, East Asia, Saharan Africa, Southern Asia, East, North Africa

☆ It could take another 131 years to close the gender gap around the world, according to the World Economic Forum
▼ + stars: | 2023-06-21 | by ( Sawdah Bhaimiya | ) www.businessinsider.com time to read: +3 min

It will take another 131 years for the world to achieve gender equality worlwide, according to the WEF. Iceland has closed over 90% of its gender gap, but the US ranked just 43rd globally for gender equality. The statistics come from the World Economic Forum's annual Global Gender Gap report. The WEF published its 2023 Global Gender Gap Report on Tuesday and examined gender parity across 146 countries, finding that the gender gap has closed across a variety of areas of society by 68.4% globally, up 0.3% from 2022's 68.1% score. The United States however is falling behind in closing the gender gap, dropping to 43rd on the list, down from 27th last year.

Persons: —, Saadia Zahidi, WEF Organizations: US, Service, Economic, Center for American Locations: Iceland, Norway, Finland, Sweden, New Zealand, United States

☆ It could take 131 years for the world to close the gender gap, report shows
▼ + stars: | 2023-06-20 | by ( Alicia Wallace | ) edition.cnn.com time to read: +3 min

Minneapolis CNN —Progress on achieving global gender equality is languishing. A new report from the World Economic Forum estimates that women won’t attain parity with men for another 131 years. The overall gender gap — a measurement of equality across the realms of the economy, politics, health and education — closed by a mere 0.3% as compared to last year, according to the WEF’s “Global Gender Gap Report 2023,” released Wednesday. “Today, some parts of the world are seeing partial recoveries while others are experiencing deteriorations as new crises unfold.”The WEF’s Gender Gap Index measures gender parity in 146 countries and across four areas: economic participation and opportunity, educational attainment, health and survival and political empowerment. “Accelerating progress towards gender parity will not only improve outcomes for women and girls but benefit economies and societies more widely, reviving growth, boosting innovation and increasing resilience,” Zahidi wrote.

Persons: ”, Saadia Zahidi, ” Zahidi, “ Organizations: Minneapolis CNN, “, United Locations: Minneapolis, Iceland, Norway, Finland, New Zealand, Sweden, Germany, Nicaragua, Namibia, Lithuania, United States

☆ The 10 fastest-growing jobs over the next 5 years—some pay over $100,000
▼ + stars: | 2023-05-03 | by ( Morgan Smith | ) www.cnbc.com time to read: +2 min

New technologies and the escalating climate crisis are changing the landscape of work at an "unprecedented rate," according to a new report from the World Economic Forum. Between now and 2027, 69 million jobs will be created worldwide— but 83 million roles are expected to be eliminated, creating a net decrease of 14 million jobs, the WEF reports. Their findings are largely based on a survey of 803 companies that employ a total of 11.3 million workers in 45 different economies around the world. The rise of generative AI and other smart technologies as well as the drive to "go green" will lead some jobs to soar in demand over the next five years, and put others at risk of becoming obsolete. Coca-Cola, for example, is using AI to improve customer service and ordering and experimenting with ChatGPT to "enhance marketing capabilities and business operations," per its latest earnings report.

☆ After First Republic's rescue, economists predict further pain with a 'new era' of higher inflation
▼ + stars: | 2023-05-03 | by ( Elliot Smith | ) www.cnbc.com time to read: +5 min

Leah Millis | ReutersAfter the rescue of First Republic Bank by JPMorgan Chase over the weekend, leading economists predict a prolonged period of higher interest rates will expose further frailties in the banking sector, potentially compromising the capacity of central banks to rein in inflation. Almost 80% of chief economists surveyed said central banks face "a trade-off between managing inflation and maintaining financial sector stability," while a similar proportion expects central banks to struggle to reach their inflation targets. Yet several leading economists told a panel at the World Economic Forum Growth Summit in Geneva on Tuesday that higher inflation and greater financial instability are here to stay. That means inflation, the impulse of inflation will be higher." She added that it "defies logic" that as the industry tries to pivot rapidly to a higher interest rate environment, there won't be further casualties beyond SVB, Signature, Credit Suisse and First Republic.

☆ ChatGPT shows risks to jobs market, says WEF MD
▼ + stars: | 2023-05-02 | 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 EmailChatGPT shows risks to jobs market, says WEF MDSaadia Zahidi, managing director at the World Economic Forum, discusses the motivators behind the changes expected for the global workforce over the next five years.

☆ WEF MD: 25% of jobs expected to change in next five years
▼ + stars: | 2023-05-02 | 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 EmailWEF MD: 25% of jobs expected to change in next five yearsSaadia Zahidi, managing director at the World Economic Forum, discusses the conclusions of the latest WEF jobs report, and what the organization has forecast for the economy over the forthcoming months.

☆ Nearly 25% of jobs are set to be disrupted in the next five years — and A.I. could play a key role: World Economic Forum
▼ + stars: | 2023-05-02 | by ( Sophie Kiderlin | In | ) www.cnbc.com time to read: +1 min

Nearly 25% of jobs are set to be disrupted in the next five years, according to the World Economic Forum's latest 'Future of Jobs' report. The world of work is set to go through major changes in the coming years — with almost a quarter of jobs changing in the next five years, according to a new report from the World Economic Forum. Some 23% of jobs will be disrupted, WEF said in its 'Future of Jobs' report, with some eliminated and others created. Crucially, WEF expects there to be 14 million fewer jobs overall in five years' time, as an estimated 83 million roles will disappear, while only 69 million will emerge. The report's findings are largely based on a survey of 803 companies that employ a total of 11.3 million workers in 45 different economies around the world.

☆ Top business leaders and policymakers discuss the future of jobs
▼ + stars: | 2023-01-18 | 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 EmailTop business leaders and policymakers discuss the future of jobsModerated by CNBC's Geoff Cutmore, top business leaders discuss at Davos, Switzerland, the impact the green transition, technological advances, demographics and reorganized value chains could have on labor markets. Joining CNBC is José María Álvarez-Pallete, chairman and CEO of Telefonica, Gilbert Fossoun Houngbo, director-general of the ILO, Martin J. Walsh, the Secretary of Labor for the U.S., Pamela Coke-Hamilton, executive director at the ITC, and Saadia Zahidi, managing director at the World Economic Forum.

☆ Top business leaders discuss the future of jobs at the World Economic Forum
▼ + stars: | 2023-01-18 | by ( Cnbc.Com Staff | ) www.cnbc.com time to read: 1 min

[The stream is slated to start at 3 a.m. Please refresh the page if you do not see a player above at that time.] Moderated by CNBC's Geoff Cutmore, top business leaders discuss at Davos, Switzerland, the impact the green transition, technological advances, demographics and reorganized value chains could have on labor markets. Joining CNBC is José María Álvarez-Pallete, chairman and CEO of Telefonica, Gilbert Fossoun Houngbo, director-general of the ILO, Martin J. Walsh, the Secretary of Labor for the U.S., Pamela Coke-Hamilton, executive director at the ITC, and Saadia Zahidi, managing director at the World Economic Forum. Subscribe to CNBC on YouTube.

☆ Davos 2023: Global recession seen likely in 2023 -WEF survey
▼ + stars: | 2023-01-16 | by ( Mark John | ) www.reuters.com time to read: +2 min

DAVOS, Switzerland, Jan 16 (Reuters) - Two-thirds of private and public sector chief economists surveyed by the World Economic Forum (WEF) expect a global recession in 2023, the Davos-organiser said on Monday as business and government leaders gathered for its annual meeting. Some 18% considered a world recession "extremely likely" - more than twice as many as in the previous survey conducted in September 2022. Only one-third of respondents to the survey viewed it as unlikely this year. Definitions of what constitutes recession differ around the world but generally include the prospect of shrinking economies, possibly with high inflation in a "stagflation" scenario. On inflation, the WEF survey saw large regional variations: the proportion expecting high inflation in 2023 ranged from just 5% for China to 57% for Europe, where the impact of last year's rise in energy prices has spread to the wider economy.

☆ We're in the middle of a polycrisis, World Economic Forum says
▼ + stars: | 2023-01-12 | 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 EmailWe're in the middle of a polycrisis, World Economic Forum saysSaadia Zahidi of the organization names existing crises, such as in food, energy and the cost of living, and adds that the world risks even more polycrises in the coming years.

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