World Bank
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Bloomberg· 2025-07-03 06:16
Monetary Policy Outlook - The World Bank anticipates Thailand's monetary policy to become "more accommodative" in the current year [1] Economic Uncertainty - Mounting external and domestic uncertainty are factors influencing the expected monetary policy shift [1]
Former World Bank President David Malpass: The Fed has the rates too high
CNBC Television· 2025-07-02 12:34
Monetary Policy & Economic Outlook - The former World Bank president suggests the Fed's interest rates are too high and need to be cut, advocating for a remaking of their models to welcome growth [1] - The analysis indicates that current Fed models inherently limit growth, hindering wage growth and manufacturing job creation [1][9] - The report mentions that Europe is running at very slow growth, practically a recession all the time [1] Fiscal Policy & Debt - The report argues against raising taxes, suggesting extending current tax rates to avoid a tax increase and promote growth [2][3] - The analysis claims that financial markets are reacting positively to the bill because it gives stability in the tax code [10] - The report acknowledges the US government debt is a big problem [6] - The report claims that the additional $33 trillion (3300 billion) in debt is based on a static model that doesn't account for growth impact [5][7] Political Context - The report suggests that Fed chair Jay Powell's comments on tariffs were influenced by an anti-Trump sentiment in Europe [1] - The report claims that the CBO models and joint tax committee models were all put in by Biden [3] - The report claims that all of Washington DC is complicit in making the government bigger and bigger [10]
也门气候和健康脆弱性评估(英)2025
Shi Jie Yin Hang· 2025-03-03 06:35
Investment Rating - The report does not explicitly provide an investment rating for the industry. Core Insights - The Republic of Yemen is facing severe humanitarian and development crises exacerbated by climate change, with a projected GDP growth of 2% in 2024, still significantly lower than the 2014 GDP of USD 22.7 billion [18] - The assessment identifies key climate-related health risks, including food insecurity, waterborne diseases, vector-borne diseases, heat-related morbidity, and risks from flooding [84] Section Summaries Section I: Climate - Yemen's climate is characterized by extreme temperatures and variable rainfall, with an average national warm season maximum of 36.5°C and annual rainfall averaging 190 mm [33][34] - The mean annual temperature has increased by 0.42°C per decade from 1971 to 2020, with projections indicating further increases under high greenhouse gas emission scenarios [35] - Floods are the most significant climate hazard, accounting for 87% of economic losses from natural disasters between 1971 and 2013 [49] Section II: Climate-Related Health Risks - The report assesses six primary climate-related health risks, including food insecurity, waterborne diseases, vector-borne diseases, heat-related health issues, direct exposure to floods, and risks to health infrastructure [84] - Yemen ranks as the 11th most food-insecure country globally, with 17 million people food insecure as of 2022 [90] - Waterborne diseases have been exacerbated by climate-related hazards, with a history of cholera outbreaks affecting millions [102] Section III: Adaptive Capacity and Readiness - The report discusses the need for improved leadership and governance, health information systems, service delivery, and financing to enhance adaptive capacity [31][32] - The assessment highlights the importance of targeting vulnerable populations, particularly internally displaced persons, to increase resilience against climate impacts [21][22] Section IV: Proposed Actions - Proposed actions include strengthening health information systems, improving health service delivery, and enhancing health financing mechanisms to address climate-related health risks [40][41][42] - Further research is recommended to better understand the economic costs of health impacts due to climate change [43]