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Great Reset
The Great Reset Initiative is an economic recovery plan drawn up by the World Economic Forum (WEF) in response to the COVID-19 pandemic. The project was launched in June 2020, with a video featuring the then Prince of Wales Charles released to mark its launch. The initiative's stated aim is to facilitate rebuilding from the global COVID-19 crisis in a way which prioritises sustainable development. WEF chief executive officer Klaus Schwab described three core components of the Great Reset: creating conditions for a "stakeholder economy"; building in a more "resilient, equitable, and sustainable" way, utilising environmental, social, and governance (ESG) metrics; and "harness ngthe innovations of the Fourth Industrial Revolution." In her speech opening the dialogues, International Monetary Fund director Kristalina Georgieva listed three key aspects of a sustainable response to COVID-19: green growth, smarter growth, and fairer growth. "The Great Reset" was to be the theme of the 2 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
World Economic Forum
The World Economic Forum (WEF) is an international non-governmental and lobbying organisation based in Cologny, canton of Geneva, Switzerland. It was founded on 24 January 1971 by German engineer and economist Klaus Schwab. The foundation, which is mostly funded by its 1,000 member companies – typically global enterprises with more than five billion US dollars in turnover – as well as public subsidies, views its own mission as "improving the state of the world by engaging business, political, academic, and other leaders of society to shape global, regional, and industry agendas". The WEF is mostly known for its annual meeting at the end of January in Davos, a mountain resort in the eastern Alps region of Switzerland. The meeting brings together some 3,000 paying members and selected participants – among whom are investors, business leaders, political leaders, economists, celebrities and journalists – for up to five days to discuss global issues across 500 sessions. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Conservatism
Conservatism is a cultural, social, and political philosophy that seeks to promote and to preserve traditional institutions, practices, and values. The central tenets of conservatism may vary in relation to the culture and civilization in which it appears. In Western culture, conservatives seek to preserve a range of institutions such as organized religion, parliamentary government, and property rights. Conservatives tend to favor institutions and practices that guarantee stability and evolved gradually. Adherents of conservatism often oppose modernism and seek a return to traditional values, though different groups of conservatives may choose different traditional values to preserve. The first established use of the term in a political context originated in 1818 with François-René de Chateaubriand during the period of Bourbon Restoration that sought to roll back the policies of the French Revolution. Historically associated with right-wing politics, the term ha ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Reith Lectures
The Reith Lectures is a series of annual BBC radio lectures given by leading figures of the day. They are commissioned by the BBC and broadcast on Radio 4 and the World Service. The lectures were inaugurated in 1948 to mark the historic contribution made to public service broadcasting by Lord Reith, the corporation's first director-general. Reith maintained that broadcasting should be a public service that aimed to enrich the intellectual and cultural life of the nation. It is in this spirit that the BBC each year invites a leading figure to deliver the lectures. The aim is to advance public understanding and debate about issues of contemporary interest. The first Reith lecturer was the philosopher and later Nobel laureate, Bertrand Russell. The first female lecturer was Dame Margery Perham in 1961. The youngest Reith lecturer was Colin Blakemore, who was 32 in 1976 when he broadcast over six episodes on the brain and consciousness. The Reith Lectures archive In June 2011 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Climate Change
In common usage, climate change describes global warming—the ongoing increase in global average temperature—and its effects on Earth's climate system. Climate change in a broader sense also includes previous long-term changes to Earth's climate. The current rise in global average temperature is more rapid than previous changes, and is primarily caused by humans burning fossil fuels. Fossil fuel use, deforestation, and some agricultural and industrial practices increase greenhouse gases, notably carbon dioxide and methane. Greenhouse gases absorb some of the heat that the Earth radiates after it warms from sunlight. Larger amounts of these gases trap more heat in Earth's lower atmosphere, causing global warming. Due to climate change, deserts are expanding, while heat waves and wildfires are becoming more common. Increased warming in the Arctic has contributed to melting permafrost, glacial retreat and sea ice loss. Higher temperatures are also causing ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Economist
''The Economist'' is a British weekly newspaper printed in demitab format and published digitally. It focuses on current affairs, international business, politics, technology, and culture. Based in London, the newspaper is owned by The Economist Group, with its core editorial offices in the United States, as well as across major cities in continental Europe, Asia, and the Middle East. In 2019, its average global print circulation was over 909,476; this, combined with its digital presence, runs to over 1.6 million. Across its social media platforms, it reaches an audience of 35 million, as of 2016. The newspaper has a prominent focus on data journalism and interpretive analysis over original reporting, to both criticism and acclaim. Founded in 1843, ''The Economist'' was first circulated by Scottish economist James Wilson to muster support for abolishing the British Corn Laws (1815–1846), a system of import tariffs. Over time, the newspaper's coverage expanded further ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mark Carney
Mark Joseph Carney (born March 16, 1965) is a Canadian economist and banker who served as the governor of the Bank of Canada from 2008 to 2013 and the governor of the Bank of England from 2013 to 2020. Since October 2020, he is vice chairman and head of Impact Investing at Brookfield Asset Management. He was the chair of the Financial Stability Board from 2011 to 2018. Prior to his governorships, Carney worked at Goldman Sachs as well as the Department of Finance Canada. Early life Carney was born on March 16, 1965, in Fort Smith, Northwest Territories, the son of Verlie Margaret (née Kemper) and Robert James Martin Carney. When Carney was six, his family moved to Edmonton, Alberta. Carney has three siblings — an older brother and sister, Seán and Brenda, and a younger brother Brian. Carney attended St. Francis Xavier High School, Edmonton before studying at Harvard University. Carney graduated from Harvard in 1988 with a bachelor's degree with high honours in economics ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Governor Of The Bank Of England
The governor of the Bank of England is the most senior position in the Bank of England. It is nominally a civil service post, but the appointment tends to be from within the bank, with the incumbent grooming their successor. The governor of the Bank of England is also chairman of the Monetary Policy Committee, with a major role in guiding national economic and monetary policy, and is therefore one of the most important public officials in the United Kingdom. According to the original charter of 27 July 1694 the bank's affairs would be supervised by a governor, a deputy governor, and 24 directors. In its current incarnation, the bank's Court of Directors has 12 (or up to 14) members, of whom five are various designated executives of the bank. The 121st and current governor is Andrew Bailey, who began his term in March 2020. Governors of the Bank of England (1694–present) See also * Chief Cashier of the Bank of England * Deputy Governor of the Bank of England References ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
2020 Russia–Saudi Arabia Oil Price War
On 8 March 2020, Saudi Arabia initiated a price war on oil with Russia, facilitating a 65% quarterly fall in the price of oil. In the first few weeks of March, US oil prices fell by 34%, crude oil fell by 26%, and Brent oil fell by 24%. The price war was triggered by a break-up in dialogue between the Organization of the Petroleum Exporting Countries (OPEC) and Russia over proposed oil-production cuts in the midst of the COVID-19 pandemic. Russia walked out of the agreement, leading to the fall of the OPEC+ alliance. Oil prices had already fallen 30% since the start of the year due to a drop in demand. The price war is one of the major causes and effects of the ensuing global stock-market crash. In early April 2020 and again in June 2020, Saudi Arabia and Russia agreed to oil production cuts. The price of oil became negative on 20 April. Oil production can be slowed, but not stopped completely, and even the lowest possible production level resulted in greater supply than d ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
COVID-19 Recession
The COVID-19 recession, also referred to as the Great Lockdown, is a global economic recession caused by the COVID-19 pandemic. The recession began in most countries in February 2020. After a year of global economic slowdown that saw stagnation of economic growth and consumer activity, the COVID-19 lockdowns and other precautions taken in early 2020 drove the global economy into crisis. Within seven months, every advanced economy had fallen to recession. The first major sign of recession was the 2020 stock market crash, which saw major indices drop 20 to 30% in late February and March. Recovery began in early April 2020; by April 2022, the GDP for most major economies had either returned to or exceeded pre-pandemic levels and many market indices recovered or even set new records by late 2020. The recession saw unusually high and rapid increases in unemployment in many countries. By October 2020, more than 10 million unemployment cases had been filed in the United States, swa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Justin Trudeau
Justin Pierre James Trudeau ( , ; born December 25, 1971) is a Canadian politician who is the 23rd and current prime minister of Canada. He has served as the prime minister of Canada since 2015 and as the leader of the Liberal Party since 2013. Trudeau is the second-youngest prime minister in Canadian history after Joe Clark; he is also the first to be the child or other relative of a previous holder of the post, as the eldest son of Pierre Trudeau. Trudeau was born in Ottawa and attended Collège Jean-de-Brébeuf. He graduated from McGill University in 1994 with a Bachelor of Arts degree in literature, then in 1998 acquired a Bachelor of Education degree from the University of British Columbia. After graduating he taught at the secondary school level in Vancouver, before relocating back to Montreal in 2002 to further his studies. He was chair for the youth charity Katimavik and director of the not-for-profit Canadian Avalanche Association. In 2006, he was appointed ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Jacinda Ardern
Jacinda Kate Laurell Ardern ( ; born 26 July 1980) is a New Zealand politician who has been serving as the 40th prime minister of New Zealand and leader of the Labour Party since 2017. A member of the Labour Party, she has been the member of Parliament (MP) for Mount Albert since 2017. Born in Hamilton, Ardern grew up in Morrinsville and Murupara. She joined the Labour Party at the age of 17. After graduating from the University of Waikato in 2001, Ardern worked as a researcher in the office of Prime Minister Helen Clark. She later worked in London as an adviser in the Cabinet Office. In 2008, Ardern was elected president of the International Union of Socialist Youth. Ardern was first elected as an MP in the 2008 general election, when Labour lost power after nine years. She was later elected to represent the Mount Albert electorate in a by-election on 25 February 2017. Ardern was unanimously elected as deputy leader of the Labour Party on 1 March 2017, after the resig ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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