World Bank's Ajay Banga on the State of Global Economy
Vložit
- čas přidán 7. 06. 2024
- Ajay Banga, President, World Bank Group joins Bloomberg’s Erik Schatzker for a conversation at Bloomberg House at Davos.
--------
Subscribe to Bloomberg Live on CZcams: / @bloomberg_live
In light of the ongoing global economic crisis, it is crucial for everyone to prioritize investing in diverse sources of income that are not reliant on the government. This includes exploring opportunities in stocks, gold, silver, and digital currencies. Despite the challenging economic situation, it remains a favorable time to consider these investments.
The pathway to substantial returns doesn't solely rely on stocks with significant movements. Instead, it revolves around effectively managing risk relative to reward. By appropriately sizing your positions and capitalizing on your advantage repeatedly, you can progressively work towards achieving your financial goals. This principle applies across various investment approaches, whether it be long-term investing or day trading.
Even with the right strategies and appropriate assets, investment returns can differ among investors. Recognizing the vital role of experience in investment success is crucial. Personally, I understood this significance and sought guidance from a market analyst, significantly growing my account to nearly a million. Strategically withdrawing profits just before the market correction, I'm now seizing buying opportunities once again.
@@maryHenokNft Amazing! I hope it's okay to inquire if you're still collaborating with the same fiduciary and how I can get in touch with them?
The decision on when to pick an Adviser is a very personal one. I take guidance from *Gertrude Margaret Quinto* to meet my growth goals and avoid mistakes, she's well-qualified and her page can be easily found on the net.
My needs are kind of unique and complex. I'll contact her nonetheless, and I hope I'm able to make something out of it.
Very smart and eloquent man.
A very clear communicator. Pleasure to listen to
I'm always hooked from the first second of any of this man's interviews. Ajay Banga.
Are you also an Indian? 😄
Good interview. We have the right man as CEO of World Bank. Thanks.
You must be Indian 😆
@@dejangaletic7884 Yes. I am an Indian. But Mr Ajay Banga does not come across as a nationalist Indian, He comes across as a first class professional manager. And in liklihood, he is now an American citizen.
@@rajeevbhatnagar6495 go and ask Jiddu Krishnamurti about your hero
Gratitude and thank you for sharing. By, TadeTade Blend, Vince.
Good evening Mr. Ajay Banga ( President of the World Bank 🌍🌎🌏 ) wonderful to see you, looking so well, long live the world bank group, we had an enjoyable weekend with all friends of iNDiA namaste bollywood, we love hindi movie and music, enjoy Amar Aqbar Anthony Song like China Türkiye South, Korea 3 brothers countries , monsieur klein - Alain Delon, Tres bien, merci Au revoir, el chai maremam al karubim - GOD is alive and is exalted above the Angels, Have a nice day
warmly greetings from LAOS , nakai nam theun national park, theun NBCA , hello mr, president, world bank group Ajay Banga . GOD BLESS
Very down to earth,
Soo polite,
Soo humble,
Ajaypal Singh Ji Banga.....
Come on guys let be educate about finance .....
#Sikhnomics
#SikhnomicsAcademy
#forextrading
#LearnForex
#LiveTrading
#GoldLive
#PriceActionTrader
#InvestingWithSikhnomics
#TradingTurbans
#TradingWithValues
#WomenEmpowerment
#ReverseMigration
#KidsAndCoins
#ForexWithSikhnomics
#WinnerMindset
00:05 Ajay Banga's focus on redefining World Bank priorities
02:51 Ajay Banga's mission is to address poverty & climate change together.
07:47 Setting ambitious targets for career development
10:22 Leveraging donor funding for greater impact
15:30 Renewable energy investments require private sector involvement.
17:50 World Bank aims to enable triple funding by 2030
22:08 Global cooperation is crucial for the interconnected world.
24:25 Chauvinistic nationalism is pulling apart global collaboration.
29:08 World Bank's impact on global economy
Productive talk
great orator with a clear head
Great Sir ❤❤
Love you❤❤❤
Gtreat insight
Hats off Praji, for the fluency and the confidence, no doubt, it is an outcome of the clarity you earned! May I learn some of those!! 🙏
His communication abilities 😮.
All I learned from this video is Have ability to communicate as Mr. Banga do 👏🧗🎧
I was very impressed by this interview. Let's hope that the World Bank plays a much more responsible role, as manager of funds nominally directed to address climate change risk, than the bank played as manager of the Montreal Protocol Multilateral Fund.
One of the most articulate speakers
It's Ajay's moment
excellent talk, love what Ajay is doing
❤❤❤❤
Grateful!! Mr Ajay sir ! Absolutely TRUE outlook for Multilateral Globalization 0.4 in Coming Decades!! Rural connectivity/ Healthcare/
16:16 There is something VERY,VERY,VERY Sensitive and Delicate we missing Hon.Ajay Banga (Since the World Bank loves Data and Facts)....This Energy Transition has many flaws focused on (Current Tech) tried and tested Solar and Wind Alone....
China's economic growth.There's a direct correlation between a Countries Economic GDP growth and its Electricity Supply & Demand.....
Analyzing Supply(GWp):
China's total installed electric generation capacity(Peaks) was 2.38 TW(100%) of which 1.26 TW (52.9%) renewable, including
1. 376 GW (15.79%) from wind power and
2. 425 GW (17.85%) from solar power.
3. and Fossil Coals with capacity 1040 GW (43.69%)
=These are some very Good if not Excellent Numbers BUT....
Analyzing Demand(GWh):
When analyzing a 24 hour full Day the picture is different the numbers arent as high and (THIS IS WHERE WE MEASURE OUR CO2)
China's Total power production in 2022 was measured at 7,623.6 TWh (100%) with the following making up Energy demand mix
1. Hydro power 1,355.2 TWh (17.7%)
2. Thermal power 5,174.3 TWh (67.8%)
3. Nuclear power 366.2 TWh (4%)
4. Wind power 466.5 TWh (6%)
5. Solar power 261.1 TWh (3%)
=These are very disappointing CO2 numbers/Targets
*CONCLUSION*
We must be VERY VERY VERY Careful what we promise at COP's and what numbers we push out while painting narratives with all the money and loans....The REAL Numbers the Bottom Lines are in the actual #ESG Reports.....
China might install 50% Renwables with big Hydro's and Shiny Solar Panels and Spinning Circle Turbines but the CO2 reduction number is only 30% (Hydro,Solar,Wind,Nuclear)Which is quite impressive per Capita but Overall not so much if we only count the famous SOLAR+WIND=@9%
Seeing it Graphically and Visually makes it even more doubtful by the numbers the world pledges and puts out. We have a Logistcal and technological problem not an Energy Problem
en.wikipedia.org/wiki/Electricity_sector_in_China
The Real Questions is ; Which come first The CHICKEN or the EGG
💙#ProNoPoverty
Looking at intermittency: and The relationship of efficiency of (Solar)w/m2 & (Wind/height)w/m3 compared to an RMS values in a 24hr period is something to study.
RMS Wattage Formula: to calculate RMS wattage, multiply the peak wattage by a value of 0.707. *I know its not mathematically* correct but Solar TWp% * 0.7071(Rms) = vs TWh%
but the importance of accurate ESG CO2 Reporting will soon heavily rely on your Renewable Energy Sources Intermittency Value vs just Justifying your MWp Value. #PieCharts
Economic investigator Frank G Melbourne Australia is still following this very informative content cheers Frank 😊
❤❤❤16/02/2024!!!
Many of the points Ajay raises about the so called global South eg lack of jobs, electricity are a result of the lengthy engagement his organization has had with the region. Why would we believe they really want to change that
I wonder why the world bank is responsible for those issues. It's supposed to be taken care of by the Local Governments, isn't it? World Bank only provides financial support to those countries right?
Currency is unavailable exchange of products to capital
Maybe we should consider working for free and cut off all the bullishit that's going on
i mean that's how you talk!
FINANCIAL INCLUSION
Listening to Ajay for the first time during an interview, I find him quite impressive.
I miss word bank.
The man who blends intellect and experience with a healthy doze of common sense , a distinguished Hyderabad Public School Alma Mater !
The air quotes when he said their parliament is so funny
GRU & embassies, networks and processors is Aspen, not Davos - humvee out
16:16 Looking at intermittency: and The relationship of efficiency of (2D-Solar)w/m2 & (3D-Wind/height)w/m3 compared to an RMS values in a 24hr period is something to study.
RMS Wattage Formula: to calculate RMS wattage, multiply the peak wattage by a value of 0.707. *I know its not mathematically* correct but Solar TWp% * 0.7071(Rms) = vs TWh%
but the importance of accurate ESG CO2 Reporting will soon heavily rely on your Renewable Energy Sources Intermittency Value vs just Justifying your MWp Value. #PieCharts
Look world maps
Can we please elect an Indian-American as President, so we can have a Full House of all the world's most important jobs all being held by Indians at the same time
I'm amazed that Vivek withdrew from the U.S. race! People won't let that slide and are rallying for the Trump-Ramaswamy ticket. Our beloved Trump the clear lead is aging, go figure.
@@Standskeleton he is very clever.. He knew he cnt beat trump.. Not with major margin... So he jst tested his strength.. He was eating away trumps vote bank.. So he decided to quit and support trump... He is in winwin situation... He is thinking abt future.. Trump will guide him..
There was no way a white christian party was going to elect a brown hindu as their candidate. They would rather choose a two time divorcee white trump over a hindu guy who has never been divorced.
We Americans do not thrive on Racism 😂😂 GO HOME INDIANS.
That will never happen
World bank associated w
With BRI the role of World Bank and IMF is totally diminished especially when it comes to development projects in the “Global South”. Mr Banga is awesome but his stewardship is a little too late to make any significant difference.
Get Erik Schatzker drunk and get him to channel Don Draper the financial journalist.
Hi new world bank derctor bydaway jo financial right crunt ko mile ga wohi same ap ko mile ga. Ok 〽️ 👍 I pass on for both already in writing. Ok 〽️ 👍
This guy polichu
No disrespect for sale
I'm sure this dude is Ok! Unsure though, bragging about a company like "Nestle" is fully compatible with this role? Or maybe it is exactly that!? Unsure if Nestle is the Shining example of Good Corporate Code of Conduct!? Personally, I would be very Cautios around this fact! Plus the "Stress" action from 19 to 14 months! If a nation has been poor for 100 years, 5 months is 123% irrelevant! 😂 Further, using an Indian politician who even is considered more extreme than Thrumph, among Ordinary Human Rights Voters, is also a Red Flag! In Ordinary Poor peoples lives, this redDress dude has exposed 3-4 Red Flags in tbe matter of 30 min 😂❤🎉👍 He should take ove Tesla after Marsian Musk departure 👋
"Indian politician considered extreme than Trump", who is considering extreme? Who is dispensing certificates? You can jolly well shove the red flags up your backside
Why not 7 more red flags, and make it an even 10.
Ethics of livable poverty is not within this corporate purview, yokohama continental