Tag #Economic Growth

europe.chinadaily.com.cn
🌐 85% Global Worthiness
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Shanghai's 300 Billion Yuan M&A Plan to Boost Key Industries

Shanghai launched a plan to boost its economy through mergers and acquisitions (M&A) in integrated circuits, biomedicine, and new materials, aiming for 300 billion yuan ($41 billion) in deals by 2027, creating 10 internationally competitive industry leaders and activating over 2 trillion yuan in ass...

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40% Bias Score

Industry, Innovation, and Infrastructure
elpais.com
🌐 85% Global Worthiness
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ECB to Cut Interest Rates Amid Eurozone Slowdown and Political Instability

The European Central Bank is expected to lower interest rates by 25 basis points this Thursday, its fourth cut in 2024, to stimulate the Eurozone economy amid political turmoil in France and Germany and despite low inflation. The decision reflects a calculated risk, balancing economic recovery again...

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52% Bias Score

Decent Work and Economic Growth
kathimerini.gr
🌐 85% Global Worthiness
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ECB Expected to Cut Interest Rates Amid Weakening Economic Indicators

The European Central Bank is expected to cut its key deposit rate by 25 basis points to 3% at its meeting today, driven by inflation trending lower than forecast and weakening economic indicators despite a positive Q3 GDP surprise. Geopolitical uncertainty also plays a significant role.

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44% Bias Score

Decent Work and Economic Growth
spanish.china.org.cn
🌐 85% Global Worthiness
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"China's Double 12 Leverages Government Subsidies to Boost Winter Sales"

"China's Double 12 shopping event, starting November 12th, features government subsidies of up to 2000 yuan on energy-efficient appliances from major e-commerce sites like Tmall and JD.com, aiming to stimulate consumer spending during the winter season, building on the success of Double 11."

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36% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
🌐 85% Global Worthiness
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ECB Cuts Rates, Markets Swing on Lagarde's Comments

The European Central Bank (ECB) cut interest rates for the fourth time this year on Thursday, abandoning its pledge to keep rates restrictive, sending Eurozone markets into a swing as investors reacted to President Christine Lagarde's comments.

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56% Bias Score

Decent Work and Economic Growth
repubblica.it
🌐 75% Global Worthiness
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Italy Budget: €400M Tax Incentive for Business Investment

Italy's 2024 budget includes a €400 million tax incentive for businesses reinvesting profits, funded by a tax on banks, aiming to boost economic growth and counter a projected 0.7% GDP increase.

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44% Bias Score

Decent Work and Economic Growth
lemonde.fr
🌐 85% Global Worthiness
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French Profit-Sharing Law to Boost Employee Savings to €200 Billion by 2024

The 2023 French "loi sur le partage de la valeur" mandates profit-sharing for companies with 11-49 employees starting in 2025, boosting employee savings, which reached €190 billion in 2023 and are projected to grow 5% in 2024, impacting 13 million workers in nearly 400,000 companies.

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28% Bias Score

Decent Work and Economic Growth
french.china.org.cn
🌐 85% Global Worthiness
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ADB Lowers Asia Growth Forecast Amidst US Uncertainty, China's Economic Strength Remains

The Asian Development Bank lowered its growth forecast for developing Asia to 4.9% in 2024 and 4.8% in 2025 due to uncertainty about US policy changes, contrasting with China's stable growth forecast and positive assessment by international organizations.

Progress

52% Bias Score

Decent Work and Economic Growth
spanish.china.org.cn
🌐 85% Global Worthiness
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Crecimiento estable en Asia a pesar de la incertidumbre política en EE.UU.

El Banco Asiático de Desarrollo redujo sus previsiones de crecimiento para Asia, citando incertidumbre por cambios políticos en EE.UU., mientras que China, elogiada por líderes económicos mundiales, se mantiene como un motor de crecimiento estable gracias a su mercado interno y apertura.

Progress

56% Bias Score

Decent Work and Economic Growth
cnbc.com
🌐 85% Global Worthiness
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India's Economic Slowdown Prompts RBI Governor Change

India's economic growth has slowed due to high inflation and decreased investment, prompting the replacement of the Reserve Bank of India governor with Sanjay Malhotra, who is expected to implement rate cuts to stimulate the economy by February 2025, impacting the projected GDP growth.

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40% Bias Score

Decent Work and Economic Growth
elpais.com
🌐 75% Global Worthiness
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BMV Plans to End Seven-Year Drought of New Listings in 2025

The Bolsa Mexicana de Valores (BMV) plans to end a seven-year drought of new listings in 2025 with at least three new companies (Diablos Rojos, Aeroméxico, and Banamex) joining its current 135 listed companies; the BMV will also create two new business divisions and invest in technology to attract m...

Progress

40% Bias Score

Decent Work and Economic Growth
kathimerini.gr
🌐 85% Global Worthiness
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Greek Tourist Spending Surges 14% According to Visa, Exceeding Official Figures

Visa's analysis shows a 14% increase in tourist spending in Greece from October 2023 to September 2024, exceeding the Bank of Greece's figures and revealing increased digital payments, particularly in Athens, and an extended tourist season.

Progress

32% Bias Score

Decent Work and Economic Growth