The US earned top spot on its market size, stability and innovation ecosystem - including idea generation, entrepreneurial culture, openness and agility. Zahidi noted that the USA competitiveness was marred only by the country's low score in terms of participation by women in the labor force, where it ranked 37th, as well as 40th place in terms of press freedom.Meanwhile, Singapore's strengths were in the areas of infrastructure and product market, both pillars in which it was top ranked.
The WEF ranks 140 world economies according to 12 "pillars", or factors that measure economic readiness.
The country was ranked lowest in product market at 102nd, business dynamism at 101st and skills at 97th.
With the financial system pillar, Ghana experienced a general increase in scores of some indicators from 2017 such as financing of SMEs and venture capital availability but these scores on a scale of 0-100 were low. "To what extent are they able to embrace change and adapt to change and upgrade their economies?" It is a full six years behind Singapore and Japan, the report found. Switzerland is ranked first in terms of the ability to reskill and retrain its workforce, while Germany is supposedly the best when it comes to mastering the innovation process in business. The organisation assessed a variety of metrics, including infrastructure, information and communications technology, macroeconomic stability, health, skills and labor market.
USA 'opens Catholic church sex abuse probe' in Pennsylvania
Justice Department has opened an investigation of child sexual abuse inside the Roman Catholic Church in Pennsylvania . McSwain said she could not "confirm, deny or otherwise comment on the existence or nonexistence of an investigation".
Centre for Policy Dialogue (CPD), the local partner of WEF, released the report at a press briefing at CIRDAP auditorium in Dhaka.
"At a time of escalating trade tensions and a backlash against globalisation, the report also reveals the importance of openness for competitiveness", it explained.
In contrast, the United States in 2016 ranked 43rd with an average lifespan of 78.7 years.
"I foresee a new global divide between countries who understand innovative transformations and those that don't", he said in a statement. Hopefully, we will see more business-government-academe linkages to support the growth of priority sectors. Thus, while few governments have begun to plan for the impact of the fourth industrial revolution, the majority of global economies are ill-prepared for rapid advances in technology.
While the first Test between both the teams has ended in a draw, Pakistan has been in a good position in the second Test. All was going fine and shine during day three of the Pakistan-Australia Test until a freakish run-out took place.
Saudi Arabia denies the killing but, under pressure from Britain, France and Germany , only recently began an investigation. But the president said he was still waiting on the outcome of several investigations before drawing any conclusions.
However, as a non-member state, the Palestinians can not speak in meetings until after member states, diplomats said. The US opposed the designation of the partially-recognized state as a United Nations non-member observer in 2012.
Until now, foreign automakers that wanted to manufacture in China were required to work through state-owned partners. Tesla claims it will then take a further "two to three years [after opening] before the factory is fully ramped up".
The LBC presenter and former Ukip leader was fuming that the Prime Minister may agree to extend the transition period beyond 2020. Other delegations expressed a certain mannerly frustration with the UK's failure to advance the action.
Those policies are all seen as initiatives of Prince Mohammed, the son of King Salman, who is next in line to the throne. On Monday, however, Trump offered a different theory after speaking by telephone with King Salman.
When Meghan Markle visited Bondi Beach on Friday morning, fashionistas were quick to size up the Duchess of Sussex's shoes. The couple announced they are expecting their first child upon arriving in Australia .
Apple iPhone Xr - South African pricing
Customers planning to join the Upgrade Program with their iPhone XR purchase can take advantage of this, too. The iPhone XR comes in five colours: Black, white, yellow, coral and a special edition that comes in red.
Samsung makes a major 5G push
Samsung said on Wednesday that it will explore and invest in other business opportunities powered by the emerging technologies. Samsung Electronics has announced its acquisition of Zhilabs, a company that offers AI-based network and service analytics.
Canada’s dagga stores running out of supplies
Still, the country-wide supply crunch continued to make it hard for cannabis retailers to meet existing demand. The SQDC said it expects further shortages - particularly for oil, capsules, atomizers and prerolled joints.
USA to merge Jerusalem consulate general with new embassy
However, the announcement follows the United States closure of the Palestinian Authority's mission in Washington DC in September. Consulate in Hong Kong, which also has its own chief of mission who does not report to the U.S. ambassador in Beijing.
NOAA releases 2018-19 Winter Outlook
Northern Florida and southern Georgia have the greatest odds for above-average precipitation during the winter, the NOAA said. Farmer's Almanac Editor Peter Geiger said in late August his publication predicts "a very long, cold and snow-filled winter".
Video shows woman abandon friend's toddler on Texas doorstep
Please share with your family and friends and help us locate this woman and identify the child and reunite him with family. Authorities say they don't know the identity of the woman or the boy, who was uninjured and appeared to be in good health.