Tag #Economic Growth

bbc.com
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UK Inflation Rises to 2.6%, Interest Rates Unlikely to Fall

UK inflation increased to 2.6% in November, the fastest rate since March, due to higher petrol, diesel, tobacco, and other goods prices; despite this, the Bank of England is not expected to cut interest rates due to wage growth, though prices will likely remain higher than before.

Progress

36% Bias Score

Reduced Inequality
elpais.com
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Chile's Central Bank Forecasts Higher Inflation, Cautious Interest Rate Cuts

Chile's central bank projects 4.8% inflation for 2024, rising to 5% in early 2025 due to a stronger dollar and higher labor costs; GDP growth is projected at 1.5-2.5% for 2025-26, with interest rates cut to 5% but a potential pause in future cuts.

Progress

24% Bias Score

Reduced Inequality
lefigaro.fr
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France's 2025 GDP Growth Cut to 0.9% Amidst Political Uncertainty

The Banque de France lowered its 2025 French GDP growth forecast to 0.9% due to political uncertainty and budget delays, projecting 7.8% unemployment and 1.6% inflation; growth is expected to rebound to 1.3% in 2026-2027.

Progress

40% Bias Score

Decent Work and Economic Growth
cnn.com
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Trump Tariffs Risk Triggering US Stagflation

President-elect Trump's planned tariffs on Mexican, Canadian, and Chinese imports risk triggering stagflation in the US, increasing inflation and potentially slowing economic growth, a scenario economists believe is more likely given the election results.

Progress

44% Bias Score

Reduced Inequality
kathimerini.gr
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Greek ICT Sector Poised for Explosive Growth, Reaching €10 Billion by 2029

Deloitte's study projects Greece's ICT sector to exceed €10 billion by 2029, driven by AI, cybersecurity, and cloud, with public sector digitalization contributing significantly to its growth and efficiency gains; however, challenges remain in digital infrastructure and talent acquisition.

Progress

36% Bias Score

Decent Work and Economic Growth
europe.chinadaily.com.cn
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China's Brand Powerhouse: From "Made in China" to "Created in China

China's brand value in the Brand Finance Global 500 surged from $62 billion with 13 brands in 2008 to $1.3 trillion with 72 brands in 2024, driven by a strategic shift from manufacturing to creating globally recognized brands, government support, and improved international standards.

Progress

44% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
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UK Inflation Reaches Eight-Month High at 2.6 Percent

UK inflation hit a eight-month high of 2.6 percent in November, exceeding the Bank of England's 2 percent target, driven by transport costs, though services inflation remained steady at 5 percent, offering some relief to the central bank.

Progress

32% Bias Score

Reduced Inequality
forbes.com
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Hospitality Market Growth and Future Trends

The global hospitality market is projected to grow to \$4,993.71 billion in 2024, driven by increased travel and demand recovery; Fritz Knoebel School of Hospitality Management students predict significant changes by 2034, including AI integration, sustainable practices, and improved employee well-b...

Progress

32% Bias Score

Decent Work and Economic Growth
africa.chinadaily.com.cn
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China Prioritizes Sci-Tech Innovation to Drive High-Quality Economic Growth

China's Central Economic Work Conference emphasized boosting sci-tech innovation to develop new productive forces, upgrade industries, and enhance global competitiveness, as experts highlight the need for increased investment in R&D and support for innovative companies.

Progress

40% Bias Score

Industry, Innovation, and Infrastructure
theglobeandmail.com
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China to Raise Budget Deficit to Record High Amid US Tariff Concerns

China will raise its budget deficit to 4 percent of GDP in 2024, a record high, to counteract the expected increase in US tariffs under a Trump administration, while maintaining a 5 percent GDP growth target for 2024 and 2025.

Progress

40% Bias Score

Decent Work and Economic Growth
kathimerini.gr
🌐 75% Global Worthiness
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Greek Households Shift €19 Billion to Investment Products Amidst Low Interest Rates

Since early 2022, Greek households invested €19 billion in investment products, including €8 billion in mutual funds, due to economic recovery, investor confidence, and higher bond yields, a trend expected to continue pushing investors toward higher-risk assets.

Progress

44% Bias Score

Reduced Inequality
faz.net
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Germany's Soaring Debt: Criticism of Economic Policies and Calls for Reform

Germany faces a growing national debt exceeding €100 billion for 2024-2025, with interest payments increasing tenfold to nearly €40 billion, prompting criticism of government economic policies and raising concerns about future financial stability and investment.

Progress

64% Bias Score

Reduced Inequality