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ECONOMIC PROGRESS The latest on the world economy, according to the OECD Jun 9, 2023 A clock is seen in front of office buildings. A new OECD forecasts looks ahead at global GDP growth prospects. Image: REUTERS/Russell Boyce - RTSRRJS Charlotte Edmond Senior Writer, Forum Agenda Share: OUR IMPACT What's the World Economic Forum doing to accelerate action on Economic Progress? THE BIG PICTURE Explore and monitor how Economic Progress...

TRADE AND INVESTMENT From pathway to highway in Eurasia Jun 9, 2023 Aerial view of a cargo ship at sea, illustrating the time and distance saved when using the Middle Corridor for trade Using the Middle Corridor for trade can cut the time and distance between China and Europe Image: Photo by Venti Views on Unsplash Mirek Dušek Managing Director, World Economic Forum Share: OUR IMPACT What's the World...

ARTIFICIAL INTELLIGENCE Why ethical AI requires a future-ready and inclusive education system Jun 5, 2023 Ethical AI not only includes understanding the social implications of AI and harnessing the fair use of data, but also entails education and training opportunities that are accessible, fair, and diverse. Ethical AI not only includes understanding the social implications of AI and harnessing the fair use of...

IMPACT OCEAN Blue economy: how business leaders and scientists are improving ocean health Global business are solving the biggest challenges facing a sustainable blue economy to improve ocean health Image: UNSPLASH Want to make an impact yourself? This article is part of: World Economic Forum Annual Meeting Friends of Ocean Action at the World Economic Forum, alongside partners, is bringing together global business leaders and scientists...

Tesla Gets $3 Billion Boost Thanks to Partnerships With GM and Ford BY PYMNTS | JUNE 9, 2023 | Tesla charging station Electric car giant Tesla has received a $3 billion boost thanks to deals inked with two of the biggest U.S. automakers, General Motors and Ford. General Motors and Ford have agreed to adopt Tesla’s North...

Report: Meta Demonstrates Text-Based App to Employees While Preparing Launch BY PYMNTS | JUNE 9, 2023 | Meta Meta has reportedly demonstrated its upcoming text-based app to employees. The app was shown during an all-hands meeting Thursday (June 8) and was said to be “Meta’s response to Twitter,” The Wall Street Journal (WSJ) reported Friday (June 9). Meta...

Digital Behavioral Fraud Gets Increasingly Personal BY PYMNTS | JUNE 9, 2023 | Digital Behavioral Fraud Gets Increasingly Personal Powered by technology like generative artificial intelligence (AI), behavioral-driven fraud is enjoying a modern renaissance. Whether through business email compromise (BEC) attacks or account takeover (ATO) scams, the strategies bad actors use to probe human-level vulnerabilities have evolved...

Report: FIS Acquires Bond Financial Technologies to Grow Embedded Finance BY PYMNTS | JUNE 9, 2023 | FinTech giant FIS has reportedly acquired embedded finance startup Bond Financial Technologies. TechCrunch reported Friday (June 9) that unnamed sources confirmed the acquisition after Fintech Business Weekly’s Jason Mikula broke the news in a June 1 tweet. On Friday, Mikula...

Goldman Sachs FinTech Head Stephanie Cohen Taking Leave of Absence BY PYMNTS | JUNE 9, 2023 | The head of Goldman Sachs Group’s FinTech unit is taking a leave of absence. Stephanie Cohen, global head of the firm’s Platform Solutions unit and a management committee member, is doing so for family reasons, according to two company...

How FreeWater Gives Away Its Product and Still Makes Money BY PYMNTS | JUNE 10, 2023 | How FreeWater Gives Away Its Product and Still Makes Money Water should be free — so why do we pay to drink it? That’s the question that’s being asked by Austin-based startup FreeWater as it pushes to make not...

BUSINESSCHINA China: Young people feel the crunch in tough job market William Yang in Taipei 06/09/2023June 9, 2023 Youth unemployment in China is at a record high. Many youths are now considering either "lying flat" — refusing to pursue a career — or leaving the country. https://p.dw.com/p/4SNG8 A tightly packed crowd of youths in China Young people are almost four times as likely to be unemployed...

CARS AND TRANSPORTATIONJAPAN Two planes collide on Tokyo runway 8 hours ago8 hours ago Two passenger planes bumped into each other on a runway at a major airport in Japan's capital. The cause of the collision was not immediately clear. https://p.dw.com/p/4SPfu Thai Arways and Eva Airways aircraft on Tokyo runway after minor collision A Thai Airways jet hit an Eva Airways planeImage: Yomiuri Shimbun/AP Images/picture...

POLITICSTAIWAN Taiwan president vows to improve defense at maritime drills 3 hours ago3 hours ago Taiwan staged anti-terrorism drills in Kaohsiung City on the south of the island. It comes amid rising military tension with China, which claims the self-governed island as its own. https://p.dw.com/p/4SPzp Taiwanese forces respond to a simulated hostage situation Taiwan staged anti-terrorism drills in Kaohsuing CityImage: SAM YEH/AFP/Getty Images President Tsai Ing-wen...

BY HOUR 🔴 Live: Zelensky says Ukrainian counterattacks, defensive operations under way Ukrainian President Volodymyr Zelensky said on Saturday that counteroffensive and defensive operations were taking place in Ukraine, but told reporters he would not say what stage they were at. The news comes as Ukraine's military said three civilians were killed in an overnight drone attack on the Black Sea...