Tag #Economic Development

kathimerini.gr
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US-Greece Relations to Remain Strong Under Trump, Biden Plans Greece Visit

US Ambassador George Tsunis affirmed the enduring strength of US-Greece relations, citing President Biden's planned visit to Greece and highlighting the successful reopening of the Elefsis shipyards with a $125 million US investment, creating 1900 jobs and adding $2 billion to Greece's GDP.

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48% Bias Score

Decent Work and Economic Growth
china.org.cn
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100,000th China-Europe Freight Train Arrives in Duisburg

The 100,000th China-Europe freight train arrived in Duisburg, Germany, on December 3, 2024, carrying goods from Chongqing, China, marking a significant milestone in the growth of this rail link, which has increased from 1,702 trips in 2016 to over 17,000 annually, boosting economic development along...

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48% Bias Score

nbcnews.com
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Biden's Angola Visit Highlights $600 Million Investment, US-Africa Strategy

President Biden's visit to Angola, the first by a US president, included a $600 million investment in the Lobito corridor infrastructure project, aiming to reduce transport times and boost global production, contrasting with China's investment strategies in Africa.

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52% Bias Score

china.org.cn
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Beijing's Business Reforms Attract 1.92 Billion USD in Foreign R\&D Investment

Beijing's improved business environment, marked by over 1,500 reforms in seven years, attracted 13.77 billion yuan (1.92 billion USD) in foreign R\&D investment in the first eight months of 2024—a 29.9% year-on-year increase—demonstrating its success in attracting multinational companies and bolster...

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44% Bias Score

repubblica.it
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Intesa Sanpaolo Invests €5 Billion in Italian Film Industry

Intesa Sanpaolo is investing €5 billion in Italy's film industry by 2026, partnering with Ape to attract foreign productions using financial incentives and Italy's existing tax credits, which generated €950 million in investment from 395 foreign productions in the last five years.

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40% Bias Score

allafrica.com
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Nigeria Targets Net Export Status to China in Five Years

Nigeria plans to reverse its $20 billion trade deficit with China in five years by leveraging Chinese agricultural technology and boosting exports, aiming for net export status, following an upgraded Comprehensive Strategic Partnership.

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44% Bias Score

kathimerini.gr
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Greece's Infrastructure Deficit: A Call for Private Investment

Greece invests only 4.8% of its GDP in construction, lagging behind the EU average (11.5%) and countries like Romania (16.7%), despite large public works programs; private investment through PPPs is proposed as a solution.

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44% Bias Score

us.cnn.com
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Biden's Angola Trip: $4 Billion Railway Investment and Geopolitical Stakes

President Biden concluded a three-day trip to Angola, focusing on a $4 billion investment in the Lobito Corridor railway project to transport critical minerals, aiming to counter China's influence and expedite mineral transport, while controversies surrounding a son's pardon and a South Korean ally'...

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44% Bias Score

dw.com
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BRICS Explore Alternative to US Dollar Amidst Geopolitical Concerns

BRICS nations, seeking to decrease dependence on the US dollar due to its use as a geopolitical tool, are exploring a new common currency to facilitate trade and reduce vulnerability to US sanctions.

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52% Bias Score

pda.alt.kp.ru
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Altai Krai Timber Industry in 2024: Deep Processing, Digitalization, and the Need for Skilled Workers

The Altai Krai timber industry in 2024 focused on deep wood processing, closed-cycle production, import substitution, and digitalization to increase economic returns and sustainability, while facing a need for skilled workers.

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48% Bias Score

allafrica.com
🌐 75% Global Worthiness
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Port Harcourt-Aba Railway Section Operational Handover to NRC

The Federal Ministry of Transportation completed the 62-kilometer Port Harcourt-Aba section of the Eastern Narrow Gauge Railway, handing operational control to the Nigerian Railway Corporation; the project included track and bridge rehabilitation, and commercial operations have already begun, easing...

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52% Bias Score

elpais.com
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Barcelona Metropolitan Area Needs 475,000 New Homes to Accommodate Population Growth

A new digital twin tool reveals that Barcelona's metropolitan area needs 475,000 new homes to accommodate 700,000 more people, impacting urban planning and economic development; the tool will be available to Catalan administrations for improved urban planning.

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32% Bias Score