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Half of US adults lack financial literacy, survey shows | World . . . In 2021, just under 30% of Americans answered all of them correctly Even more concerning, points out Professor Lusardi in a Cambridge University paper, was the fact that this knowledge gap was compounded by a false sense of financial knowledge by survey respondents, who gave themselves an average rating of 5 1 out of 7
Whats next for the US dollar? Economists discuss at Davos Jin Keyu, Professor, Hong Kong University of Science and Technology (centre) and Raghuram G Rajan, Professor of Finance, University of Chicago Booth School of Business (left) were among leading economists that convened to discuss the world’s "love-hate relationship" with the US dollar at the World Economic Forum's Annual Meeting 2025 in Davos on 21 January 2025
Lessons from Latin America on how to improve financial inclusion World Bank financial inclusion variables and main gaps – Latin American vs world Image: Mastercard In June, Mastercard released The State of Financial Inclusion post COVID-19 in Latin America and the Caribbean: New Opportunities for the Payments Ecosystem report, conducted in partnership with Americas Market Intelligence (AMI)
New Report Charts Roadmap to a Quantum-Secure Financial System Davos-Klosters, Switzerland,17 January 2024 – A World Economic Forum report, released today, analyses a financial sector on the cusp of a quantum revolution, where emerging technologies are predicted to drive sector investment to $19 billion by the 2030s and up to $850 billion over the next 30 years
Discover this weeks must-read finance stories | World Economic Forum Investors pulled a record amount from sustainable funds in Q1, signalling a global backlash against environmental, social and governance (ESG) investing, the Financial Times reports US investors reduced their exposure for the 10th consecutive quarter, while Europeans became net sellers for the first time since 2018, withdrawing $1 2 billion
Lessons from history on how to understand America in 2025 Speaking to Radio Davos at the World Economic Forum's 2025 Annual Meeting, Edgecliffe-Johnson, academic and Wall Street Journal columnist Walter Mead, and business leader and broadcaster David Rubinstein outlined how we may better understand this 20th and 21st-century superpower after the re-election of Donald Trump as the 47th US President
Why has the US recovered more quickly than Europe? The contraction of private investment in Europe accounts for only a small part (one-third) of the growth gap Though the financial-market tensions that accompanied the euro crisis had a strong negative impact on investment in the eurozone periphery, investment demand has also remained weak in the US, minimizing the overall difference
Money matters: Your guide to financial literacy The World Economic Forum’s Financial Literacy Initiative aims to increase access to financial education and investing practices The world of finance can be a complex place, but it’s important to develop a basic understanding of the influential role money plays in our work, social life, health, education and everything in between
America’s dominance is over. By 2030, well have a handful of global . . . Misha Glenny contends that “Fukayama and others under-estimated Western hubris and the greed of financial capitalism which contributed in 2008 to one of the most serious political and economic crises since the Great Depression
Now is the time for a great reset - The World Economic Forum According to the Financial Times, global government debt has already reached its highest level in peacetime Moreover, unemployment is skyrocketing in many countries: in the US, for example, one in four workers have filed for unemployment since mid-March, with new weekly claims far above historic highs