Tag #Economic Competitiveness

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forbes.com

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May 22, 19:12

Proposed Budget Cuts Threaten U.S. Research and Innovation

The Trump administration's proposed FY2026 budget cuts non-defense discretionary spending by 23%, resulting in significant reductions to the NSF (56%) and NIH (40%), jeopardizing thousands of research projects, impacting jobs, and potentially hindering future innovation and economic growth.

Proposed Budget Cuts Threaten U.S. Research and Innovation

The Trump administration's proposed FY2026 budget cuts non-defense discretionary spending by 23%, resulting in significant reductions to the NSF (56%) and NIH (40%), jeopardizing thousands of research projects, impacting jobs, and potentially hindering future innovation and economic growth.

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Industry, Innovation, and Infrastructure

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What are the immediate consequences of the proposed 23% reduction in non-defense discretionary spending on U.S. research and innovation?

The Trump administration's proposed 2026 budget includes drastic cuts to non-defense discretionary spending, slashing funding for crucial science and innovation agencies like the NSF (56% cut) and NIH (40% cut). This directly threatens thousands of research projects and could cause widespread job losses in the scientific community, impacting American competitiveness and innovation.

chinadaily.com.cn

🌐 85% Global Worthiness

May 20, 01:10

Europe Seeks Strategic Autonomy Amid US Policy Shift

Amid a US policy shift prioritizing national interests, a London forum highlighted Europe's need for strategic autonomy, spurred by economic and security concerns, impacting the EU and UK, demanding urgent economic and security reforms.

Europe Seeks Strategic Autonomy Amid US Policy Shift

Amid a US policy shift prioritizing national interests, a London forum highlighted Europe's need for strategic autonomy, spurred by economic and security concerns, impacting the EU and UK, demanding urgent economic and security reforms.

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Peace, Justice, and Strong Institutions

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What are the key factors driving Europe's pursuit of strategic autonomy, and how might this affect its relationship with the US?

Europe's pursuit of strategic autonomy is driven by the US's ideological change and focus on the Indo-Pacific, turning the US into a systemic rival. This necessitates Europe's economic reform agenda, aiming to regain competitiveness amid great power rivalry to avoid being marginalized.

lexpress.fr

🌐 85% Global Worthiness

May 15, 07:13

French Foreign Investment Intentions Drop 9%, Despite Remaining Europe's Top Destination

The 2025 EY Attractiveness Barometer shows a 9% decrease in foreign investment intentions in France, reaching 62%, although it remains Europe's leading destination with 1025 projects, while other European countries show similar trends, affected by global economic slowdown and competition from countr...

French Foreign Investment Intentions Drop 9%, Despite Remaining Europe's Top Destination

The 2025 EY Attractiveness Barometer shows a 9% decrease in foreign investment intentions in France, reaching 62%, although it remains Europe's leading destination with 1025 projects, while other European countries show similar trends, affected by global economic slowdown and competition from countr...

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Decent Work and Economic Growth

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How do the investment trends in France compare to those of other major European economies, and what are the underlying reasons for these differences?

While France maintains its leading position in attracting foreign investments in Europe, the decrease in investment intentions is linked to broader economic factors, including global economic slowdown and heightened competition from countries like Spain and Poland, which offer lower labor costs and faster processing of investment requests.

nrc.nl

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May 2, 16:14

Dutch Productivity: Stable but Lagging Behind US in Key Sectors

A Dutch central bank study reveals stable labor productivity in the Netherlands' competitive market sector since 2003, contradicting earlier reports of decline and highlighting methodological differences in measuring productivity across various economic sectors, including the significant gap with US...

Dutch Productivity: Stable but Lagging Behind US in Key Sectors

A Dutch central bank study reveals stable labor productivity in the Netherlands' competitive market sector since 2003, contradicting earlier reports of decline and highlighting methodological differences in measuring productivity across various economic sectors, including the significant gap with US...

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Decent Work and Economic Growth

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How does DNB's methodology for measuring labor productivity differ from other approaches, and what are the implications of these differences?

DNB's analysis focuses on the "relevant market sector," excluding sectors like healthcare, education, and finance where productivity measurement is challenging. By isolating competitive market sectors, DNB reveals a more positive picture of Dutch productivity. This methodology, however, excludes crucial parts of the economy, raising questions about the comprehensiveness of the findings.

politico.eu

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Mar 20, 07:13

EU Seeks to Unlock €10 Trillion in Savings to Boost Economy and Defense

The European Union is struggling to mobilize private investment to fund its economy and defense, facing challenges from fragmented markets and national interests; a key meeting this week will determine whether they can unlock €10 trillion in savings.

EU Seeks to Unlock €10 Trillion in Savings to Boost Economy and Defense

The European Union is struggling to mobilize private investment to fund its economy and defense, facing challenges from fragmented markets and national interests; a key meeting this week will determine whether they can unlock €10 trillion in savings.

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Decent Work and Economic Growth

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What are the main obstacles preventing the creation of a unified European capital market, and how are these obstacles being addressed?

The EU's fragmented financial markets hinder investment, unlike the unified US system. Only 18 percent of households in France and Germany own stocks compared to almost 60 percent in the US. This lack of investment limits economic growth and defense spending.

forbes.com

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Mar 20, 22:10

US Government Budget Cuts Threaten Innovation Leadership

The US government's funding of basic scientific research, crucial for innovations like the internet and iPhone, is at risk due to proposed budget cuts, potentially impacting US global leadership in innovation and economic competitiveness as other countries increase their research spending.

US Government Budget Cuts Threaten Innovation Leadership

The US government's funding of basic scientific research, crucial for innovations like the internet and iPhone, is at risk due to proposed budget cuts, potentially impacting US global leadership in innovation and economic competitiveness as other countries increase their research spending.

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Industry, Innovation, and Infrastructure

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What is the immediate impact of decreased US government funding for basic scientific research on American innovation and global competitiveness?

The US government funds a significant portion of American innovation, as seen in the development of the iPhone and the internet, both reliant on federally funded research. Budget cuts risk hindering future innovations by reducing funding for crucial research programs like those at NASA and the NSF.

elpais.com

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May 22, 16:14

Spain Urges EU Action to Counter Industrial Relocation

Spain's Minister of Industry and Tourism, Jordi Hereu, urged the European Commission to implement measures to bolster industrial relocation within the EU, prompted by ArcelorMittal's decision to move administrative services to India. This request comes amidst global trade tensions and aims to protec...

Spain Urges EU Action to Counter Industrial Relocation

Spain's Minister of Industry and Tourism, Jordi Hereu, urged the European Commission to implement measures to bolster industrial relocation within the EU, prompted by ArcelorMittal's decision to move administrative services to India. This request comes amidst global trade tensions and aims to protec...

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Decent Work and Economic Growth

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What immediate actions is Spain requesting from the European Commission to counteract the trend of industrial relocation, specifically in light of ArcelorMittal's decision?

ArcelorMittal's decision to relocate administrative services from Europe to India prompted Spain's Minister of Industry and Tourism, Jordi Hereu, to request EU intervention. Hereu emphasized the strategic importance of the steel, aluminum, and automotive sectors for Europe and Spain, advocating for measures to strengthen industrial relocation. This follows the EU's March plan to support the European steel industry amidst global trade tensions.

zeit.de

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May 18, 07:09

US and Asian Companies Outperform European Rivals in 2024 Revenue and Profit

A 2024 EY study analyzing the world's 1000 largest companies revealed that US and Asian firms significantly outperformed European companies in revenue and profit, with US companies experiencing a 4.5% revenue increase, Asian companies a 3.2% increase, and European companies a 1.1% decrease. Profit i...

US and Asian Companies Outperform European Rivals in 2024 Revenue and Profit

A 2024 EY study analyzing the world's 1000 largest companies revealed that US and Asian firms significantly outperformed European companies in revenue and profit, with US companies experiencing a 4.5% revenue increase, Asian companies a 3.2% increase, and European companies a 1.1% decrease. Profit i...

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Decent Work and Economic Growth

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How did the performance of German companies compare to other European companies, and what specific challenges do they face?

This disparity reflects broader economic trends and challenges facing European businesses. Weakening industrial sectors, geopolitical tensions, and US trade policies negatively impacted European performance. The dominance of US tech giants, who are reinvesting record profits into innovation, further exacerbates the situation.

dailymail.co.uk

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May 7, 13:17

UK-India Trade Deal: Tax Break for Indian Workers Sparks Controversy

The UK and India finalized a £5 billion trade agreement that includes a three-year National Insurance exemption for temporary Indian workers in the UK, sparking debate over its impact on British workers and businesses; the deal also involves reciprocal tariff reductions.

UK-India Trade Deal: Tax Break for Indian Workers Sparks Controversy

The UK and India finalized a £5 billion trade agreement that includes a three-year National Insurance exemption for temporary Indian workers in the UK, sparking debate over its impact on British workers and businesses; the deal also involves reciprocal tariff reductions.

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Decent Work and Economic Growth

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How does this UK-India trade deal compare to similar agreements signed by the UK with other countries?

This trade deal reflects a broader trend of countries seeking to enhance economic ties through trade agreements, often involving reciprocal tax benefits or tariff reductions. The UK's actions follow similar agreements with other nations, and the deal's tax incentives are presented as temporary measures for seconded workers. The agreement's potential impact on British jobs and wages is a major point of contention, however, with critics pointing to a potential two-tier tax system.

zeit.de

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Mar 20, 19:17

EU Action Plan Aims to Rescue Europe's Steel Industry

The EU Commission launched an action plan to aid Europe's struggling steel industry, aiming to improve competitiveness through cleaner energy, emission controls, recycling promotion, and job preservation, following a significant production capacity decrease in 2022.

EU Action Plan Aims to Rescue Europe's Steel Industry

The EU Commission launched an action plan to aid Europe's struggling steel industry, aiming to improve competitiveness through cleaner energy, emission controls, recycling promotion, and job preservation, following a significant production capacity decrease in 2022.

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What specific measures does the EU's new action plan propose to address the crisis in Europe's steel industry, and what are the immediate consequences of inaction?

The EU Commission presented an action plan to support Europe's steel industry, aiming to bolster competitiveness by ensuring access to affordable clean energy, preventing carbon emissions relocation, promoting recycling, and preserving high-paying jobs. This follows the shuttering of nine million tons of European steel production capacity last year, highlighting the industry's dire situation.

kathimerini.gr

🌐 85% Global Worthiness

Mar 20, 13:16

EU Summit Focuses on Economic Competitiveness, Defense Spending, and Geopolitical Challenges

EU leaders meet in Brussels to discuss economic competitiveness, Ukraine, the Middle East, and defense; a new multiannual budget (2028-2034) and defense loans are key topics, with potential impacts on various policy areas; Hungary vetoed significant mention of Ukraine in the final conclusions.

EU Summit Focuses on Economic Competitiveness, Defense Spending, and Geopolitical Challenges

EU leaders meet in Brussels to discuss economic competitiveness, Ukraine, the Middle East, and defense; a new multiannual budget (2028-2034) and defense loans are key topics, with potential impacts on various policy areas; Hungary vetoed significant mention of Ukraine in the final conclusions.

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What are the key immediate impacts of the EU summit on the European economy and geopolitical landscape?

EU leaders meet in Brussels today to discuss the competitiveness of the European economy, alongside developments in Ukraine, the Middle East, and defense. Ukrainian President Zelenskyy will brief the leaders via videoconference on ceasefire negotiations, following a call with Donald Trump. However, the final conclusions will contain minimal mention of Ukraine due to a Hungarian veto.

zeit.de

🌐 75% Global Worthiness

Mar 18, 16:10

Germany's Export Dominance: A Strategic Asset in Uncertain Times

Germany leads global exports in about 180 of 5,300 product categories in 2023 (30% or more market share), particularly in chemicals, machinery, and electronics, providing political leverage amid trade conflicts, according to an IW study.

Germany's Export Dominance: A Strategic Asset in Uncertain Times

Germany leads global exports in about 180 of 5,300 product categories in 2023 (30% or more market share), particularly in chemicals, machinery, and electronics, providing political leverage amid trade conflicts, according to an IW study.

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What are the key sectors driving Germany's global export leadership, and what are the immediate geopolitical implications of this dominance?

Germany is the world's leading exporter in approximately 180 out of 5,300 product categories, holding at least a 30 percent share of global exports in 2023, according to a study by the IW institute. This is down from 240 categories in 2010, but the number of categories with over 50 percent or 70 percent export share has increased, suggesting specialization. Dominance is particularly strong in chemicals, machinery, electrical equipment, and base metals.

Showing 13 to 24 of 70 results