Tag #Economic Diversification

Showing 25 to 36 of 67 results

dw.com
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Saudi Arabia's Manufacturing Ambitions: A Response to Global Trade Shifts

Saudi Arabia and the UAE are aggressively courting foreign manufacturers, particularly in high-tech sectors, to diversify their economies and capitalize on US tariffs on Chinese goods, investing billions through initiatives like Vision 2030 and the 300 Billion Operation, but face challenges from und...

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32% Bias Score

Industry, Innovation, and Infrastructure
africa.chinadaily.com.cn
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US Tariffs Exacerbate Economic Challenges in the Arab and Middle Eastern Region

New US tariffs on Chinese goods will negatively impact the Arab and Middle Eastern region, worsening existing economic difficulties and potentially triggering social and political instability; however, affected countries may mitigate these impacts through market diversification and domestic reforms.

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44% Bias Score

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tr.euronews.com
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Botswana Seeks EU Investment Amidst US Tariff Impact

Botswana's Foreign Minister Phenyo Butale called for increased trade and investment with the EU, following the significant impact of US tariffs on its diamond-dependent economy, which contracted 3.1% last year but is projected to grow by 3.3% this year. The EU is already Botswana's second-largest tr...

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36% Bias Score

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forbes.com
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Valero Refinery Closure in Benicia to Displace Hundreds, Exposing 'Just Transition' Shortcomings

Valero Energy will close its 170,000 barrels-per-day Benicia, California refinery in April 2026, resulting in over 400 job losses and a significant reduction in city revenue; past experiences show that retraining efforts often fail to provide comparable employment for displaced refinery workers.

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theguardian.com
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UK Navigates US-China Trade Tensions: A Multipolar Economic Reality

The US is urging countries to choose between closer ties with them or China; however, this is unlikely given global economic interconnectedness, presenting the UK with a delicate balancing act between economic growth and national security concerns.

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44% Bias Score

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dw.com
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Gabon's Economic Diversification: From Oil Dependence to Agricultural Growth

Gabon is diversifying its economy away from oil dependence, prioritizing agriculture, infrastructure development, and entrepreneurship to create a more resilient and inclusive economy, aiming to reduce reliance on oil imports by over 100 billion CFA francs annually and tackle 37% youth unemployment.

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40% Bias Score

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dw.com
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Saudi Arabia's Bid to Become a Global Manufacturing Hub

Facing US tariffs on Asian goods, Saudi Arabia and the UAE aim to become major manufacturing hubs, attracting tech companies like Dell and Lenovo while facing challenges such as underdeveloped manufacturing sectors and geopolitical risks.

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36% Bias Score

Decent Work and Economic Growth
dw.com
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Shifting Sands: Saudi Arabia and the UAE Emerge as Potential Manufacturing Hubs

Due to US-imposed tariffs on Asian imports, companies are exploring Saudi Arabia and the UAE as alternative manufacturing locations, driven by initiatives like Saudi Vision 2030 and UAE's Operation 300bn, but challenges remain regarding sector limitations, competition, and global economic uncertaint...

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36% Bias Score

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theglobeandmail.com
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Newfoundland Town Faces Job Losses After Oil Platform Completion

The completion of a massive concrete platform for the West White Rose oilfield near Placentia, Newfoundland, has caused hundreds of job losses, leaving the small town facing an economic transition period, despite planned port expansion and wind energy developments.

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40% Bias Score

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elmundo.es
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Neom SC: Saudi Arabia's Football Power Play

Saudi Arabia's ambitious Neom project includes Neom SC, a football club rapidly rising through massive investments to compete globally, reflecting Vision 2030's economic diversification and soft power strategies, despite construction setbacks.

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36% Bias Score

Sustainable Cities and Communities
bbc.com
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US Tariffs Shift Southeast Asia Closer to China

New US tariffs are significantly impacting Southeast Asia, reversing the region's previous diversification strategy and pushing it closer to China, despite ongoing geopolitical tensions and China's own economic challenges.

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40% Bias Score

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chinadaily.com.cn
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US Tariffs Spur ASEAN's Push for Trade Diversification with China

The US imposed reciprocal tariffs in April 2024, significantly impacting Southeast Asian economies reliant on US markets; ASEAN seeks diversification, particularly with China, to build economic resilience and leverage a booming digital economy.

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32% Bias Score

Decent Work and Economic Growth

Showing 25 to 36 of 67 results