A major milestone for the global trading system was reached on 22 February 2017 when the first multilateral deal concluded in the 21 year history of the World Trade Organization entered into force. In receiving four more ratifications for the Trade Facilitation Agreement (TFA), the WTO has obtained the two-thirds acceptance of the agreement from […]
Geneva, Switzerland, – The World Economic Forum has signed an agreement to boost multistakeholder cooperation on environmental policy with the China Council on International Cooperation on Environment and Development, an influential advisory body to China’s State Council. The CCICED includes Chinese and international experts. The MoU comes shortly after Xi Jinping, President of the People’s […]
Total nonfarm payroll employment increased by 227,000 in January, and the unemployment rate was little changed at 4.8 percent, the U.S. Bureau of Labor Statistics reported today. Job gains occurred in retail trade, construction, and financial activities. Household Survey Data Both the number of unemployed persons, at 7.6 million, and the unemployment rate, at 4.8 […]
What does an improved safety culture have to do with making hiring easier and faster? A lot, it turns out, if you work at NIST. In the spring of 2014, Paul O’Neill, former CEO of Alcoa and U.S. Treasury Secretary from 2001-2002, spoke to the NIST community about the “theoretical limit” for safety. He explained […]
NestlĂ© companies in the U.S. affirmed their commitment to employees’ health and wellness today, including the opportunity to work in an environment where everyone feels empowered, appreciated and respected. Announced at the 4th annual Women Rule Summit, NestlĂ© and more than 40 private sector businesses took the White House Equal Pay Pledge to close the […]
WASHINGTON – U.S. Secretary of Labor Thomas E. Perez issued the following statement about the October 2016 Employment Situation report released today: “The American economy continued its solid recovery from the worst economic crisis of our lifetimes in October, with the addition of 161,000 jobs. All told, American businesses have added 15.5 million jobs since […]
Good afternoon. Thank you, John Micklethwait, for your kind introduction. I am pleased to be at the Inclusive Capitalism Conference once again—and in such illustrious company. Henry Ford once said: “Coming together is the beginning. Keeping together is progress. Working together is success.” Likewise, the efforts of Lady Lynn de Rothschild and the coalition—in coming […]
On 28 October 2016, the Council adopted by written procedure a package of decisions on the comprehensive economic and trade agreement with Canada (CETA), including: a decision on signature of the agreement a decision on the provisional application of the agreement a decision to request the consent of the European Parliament for theconclusion of the […]
San Francisco, – The World Economic Forum today announces the opening of its new Center for the Fourth Industrial Revolution in San Francisco. The Center will serve as a platform for interaction, insight and impact on the scientific and technological changes that are changing the way we live, work and relate to one another. It […]
World trade will grow more slowly than expected in 2016, expanding by just 1.7%, well below the April forecast of 2.8%, according to the latest WTO estimates. The forecast for 2017 has also been revised, with trade now expected to grow between 1.8% and 3.1%, down from 3.6% previously. With expected global GDP growth of […]
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