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The Latest Breaking News from Kate Moody

The price of war: OECD warns of slowing growth, high inflation

Russia's invasion of Ukraine is derailing the global economy's recovery from the Covid-19 pandemic. The Organisation for Economic Cooperation and Development (OECD) is the latest to slash its global GDP growth forecast for 2022, from 4.5 percent projected in December to just 3 percent in its latest outlook. Driving that…

France 24

Global food crisis: Leaders urge action as Ukraine war strains supply chains

The world is on the verge of its worst food crisis in history. In this special edition, FRANCE 24's Business Editor Kate Moody asks leaders in Davos what they are proposing to protect the most vulnerable. Our reporters also look at how Finland has become one of the most food-resilient…

France 24

Davos 2022: Is globalisation dead?

The 2022 meeting of the World Economic Forum has come to a close, with the war in Ukraine dominating proceedings. German Chancellor Olaf Scholz delivered a blistering attack on Russian leader Vladimir Putin, accusing him of waging a war of "imperialism" in Ukraine and calling for Europe to end its…

France 24

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Davos Debate 2022: A new era of industrial development?

Two years of crises have changed almost everything we thought we knew about business and politics, including how they intersect. Supply chains have been turned upside down, while national economic interests have clashed with global partnerships. So is now the time for bigger and bolder spending, cooperation and innovation? Is…

France 24

Davos 2022: IMF chief says food export bans 'only making crisis worse'

This year's World Economic Forum in Davos has been dominated by the war in Ukraine and its implications on the global economy. With the drop in grain exports from the region, concern is growing over a looming food crisis. FRANCE 24's Business Editor Kate Moody spoke to IMF Managing Director…

France 24

Davos 2022: 'Europe wrongly relied on Russian gas for years,' IEA chief says

As the World Economic Forum in Davos draws to a close, Business Editor Kate Moody gives us an update on the final day's agenda. The war in Ukraine and global food and energy security dominated discussions throughout the event. The head of the International Energy Agency (IEA), Fatih Birol, has…

France 24

Davos 2022: EBRD chief warns of risk of 'food crisis' amid war in Ukraine

Our Business Editor Kate Moody has been speaking to the head of the European Bank for Reconstruction and Development (EBRD) at the World Economic Forum in Davos. EBRD head Odile Renaud-Basso explained how the institution, which was already present in Ukraine before the Russian invasion, has been "shifting" its support…

France 24

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Davos 2022: Volkswagen CEO warns of cost from 'long-lasting' war in Ukraine

The agenda of the World Economic Forum in Davos has been dominated by the war in Ukraine and its implications for the global economy and supply chains. Volkswagen CEO Herbert Diess spoke to our Business Editor Kate Moody on the sidelines of the event. He warned that a "long-lasting" war…

France 24

Davos 2022: EU's Gentiloni 'confident' deal can be reached on Russian oil embargo

The war in Ukraine and its impact on the global economy continue to dominate discussions at the World Economic Forum in Davos, Switzerland. Business Editor Kate Moody has been speaking with Paolo Gentiloni, EU Commissioner for the Economy, about Europe's ongoing efforts to wean itself off Russian energy.

France 24

Davos 2022: Will war in Ukraine derail international investment?

The war in Ukraine, supply chain problems, inflation, and labour shortages have been dominating the agenda at the World Economic Forum in Davos, where business and political leaders pitch investment and global collaborations. FRANCE 24 Business Editor Kate Moody has been speaking to Martin Shanahan, CEO of IDA Ireland, about…

France 24

Davos 2022: IMF chief Georgieva urges action on food crisis

The world is facing its worst food crisis in history. Millions of tonnes of wheat are stuck in Ukraine, worsening an already precarious situation for many countries that depend on exports from the region. IMF Managing Director Kristalina Georgieva tells FRANCE 24 Business Editor Kate Moody that only "very strong…

France 24

Davos 2022: EU eyes ban on Russian oil as leaders discuss energy independence

With world leaders at Davos set to discuss energy independence and sustainability, Germany's economy minister says an EU ban on Russian oil could be "days away". Meanwhile, supply chain disruptions to the world economy are also on the agenda. FRANCE 24's Business Editor Kate Moody reports from the Swiss Alps.

France 24

Davos 2022: What role for cryptocurrencies?

The war in Ukraine, inflation, plus food and energy insecurity continue to dominate the World Economic Forum in Davos. But participants are also discussing issues like climate change and digital development. FRANCE 24 Business Editor Kate Moody has been speaking to the head of the Crypto Council for Innovation, Sheila…

France 24

Davos 2022: Businesses face post-pandemic labour shortage

While most advanced economies are recovering from the worst effects of the pandemic, labour markets are facing a new and unexpected challenge: a shortage of workers. It's one of the issues business leaders are discussing at the World Economic Forum in Davos, Switzerland. Christophe Catoir, President of Adecco, tells FRANCE…

France 24

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France 24

Davos 2022: International community 'must do more' on food, energy crises

The 2022 edition of the World Economic Forum is largely focused on Russia's war in Ukraine and its implications for the global economy. As food and fuel prices soar and shortages loom, the head of the UN Development Program, Achim Steiner, tells FRANCE 24's Business Editor Kate Moody that the…

France 24

Davos 2022: War in Ukraine tops agenda as World Economic Forum returns

The World Economic Forum has opened in Davos, Switzerland for its first in-person meeting in more than two years. Political and business leaders are gathering to discuss the most pressing challenges for the global economy in a world that has drastically changed since the last time the event took place…

France 24

Inflation inequality: Soaring prices weigh on low-income households

Inflation is at its highest level in decades in many parts of the world. In the US, consumer prices were 8.3 percent higher in April than a year earlier. In the eurozone, they rose by around 7.5 percent. Energy prices have been driving the surge, with Russia's war in Ukraine…

France 24

What role for cryptocurrency in the 21st century?

Cryptocurrency has become a global phenomenon in recent years. More mainstream financial institutions are now embracing crypto assets, while two countries have adopted Bitcoin as legal tender. But there are many concerns around the technology and its capacity to disrupt traditional financial systems, even as Russia's war in Ukraine has…

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France 24

Five more years: What's next for French economy in Macron's second term?

French voters have re-elected Emmanuel Macron for another five-year term, handing him victory over far-right candidate Marine Le Pen for the second time in a row. So what's next for the French economy and the number one issue for voters, the cost of living crisis? Kate Moody asks Frederik Ducrozet,…

France 24

Election economics: French presidential candidates lay out spending plans

Stephen Carroll and Kate Moody take a look at the economic promises being made by the candidates in France's presidential election. The cost of living is the biggest issue for voters, whereas the topic of government debt – a subject that has dominated previous elections – is largely absent from…

France 24

IMF deputy head: War in Ukraine has provoked 'deep humanitarian, economic crisis'

The war in Ukraine has provoked a massive humanitarian and economic crisis. The International Monetary Fund approved $1.4 billion in emergency aid for Kyiv this week and says it's ready to help neighbouring countries that request further assistance. The IMF's First Deputy Managing Director, Gita Gopinath, spoke to FRANCE 24's…

France 24

Turkey-Russia ties at risk? Ankara dubs Ukraine invasion 'war' in shift of rhetoric

In this edition, we look at how the Middle East is being affected by Russia's invasion of Ukraine. Turkey is being forced to take sides as two of its major partners go to war. Ankara has announced it's limiting a key route for Russian warships by sealing off the Bosphorus…

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