Tag #Economic Growth

dailymail.co.uk
🌐 85% Global Worthiness
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Apple's £18 Billion UK Investment Supports 550,000 Jobs

Apple's £18 billion investment in the UK over five years now supports 550,000 jobs, driven by its 40 UK stores, supply chains, and the iOS app economy; CEO Tim Cook highlighted the doubling of UK-based Apple engineers and increased Apple TV+ production.

Progress

56% Bias Score

Decent Work and Economic Growth
spanish.china.org.cn
🌐 85% Global Worthiness
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Ecuador-China Trade Agreement Boosts Agricultural Exports

The Ecuador-China Trade Agreement, implemented May 1, 2024, has significantly increased Ecuadorian agricultural exports to China within its first seven months, particularly pitahaya (dragon fruit), which saw a tariff reduction from 20% to 0%, leading to increased sales for Ecuadorian producers.

Progress

48% Bias Score

Decent Work and Economic Growth
german.china.org.cn
🌐 85% Global Worthiness
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China's Foreign Trade Shows Resilience Amidst Global Uncertainty

China's foreign trade grew by 4.9% in the first eleven months of 2023, reaching 39.79 trillion yuan, driven by strong exports of high-tech products and sustained imports despite global uncertainties and trade tensions.

Progress

48% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
🌐 85% Global Worthiness
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Bank of Canada Cuts Rates, Signals Slower Pace of Cuts Ahead

The Bank of Canada cut its key interest rate by half a percentage point to 3.25 per cent on Wednesday, its fifth cut since June, amid rising economic uncertainty and slowing growth, signaling a potential slowdown in the pace of future rate reductions.

Progress

16% Bias Score

Decent Work and Economic Growth
dailymail.co.uk
🌐 85% Global Worthiness
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RBA Holds Interest Rates Amid Inflation Concerns

The Reserve Bank of Australia (RBA) kept the cash rate at 4.35 percent on December 18, 2024, citing persistent underlying inflation of 3.5 percent as the reason, despite headline inflation falling to 2.8 percent and slower economic growth; this decision impacts Australian borrowers and contrasts wit...

Progress

48% Bias Score

Reduced Inequality
dailymail.co.uk
🌐 75% Global Worthiness
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Labour's Budget Triggers Hiring Freeze, Economic Uncertainty

Labour's £25 billion employer national insurance hike has prompted businesses to freeze hiring, causing economic stagnation and impacting household confidence, particularly in the housing market where rising mortgage rates add further strain.

Progress

52% Bias Score

Decent Work and Economic Growth
elmundo.es
🌐 85% Global Worthiness
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"Spain's Automotive Industry: Maintaining Global Competitiveness in 2023"

"Spain's automotive sector produced 2.21 million vehicles in 2023, ranking second in Europe and ninth globally, with nearly 90% of production exported, mainly to Europe, showcasing high quality and competitiveness."

Progress

40% Bias Score

Decent Work and Economic Growth
cnbc.com
🌐 85% Global Worthiness
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"Greece Faces Existential Threat from Population Collapse"

"Greece's population is plummeting, with the lowest birth rate in almost a century, causing hundreds of ghost towns and threatening the nation's economic future, as economists warn of a severe strain on the economy as the population ages and shrinks."

Progress

28% Bias Score

No Poverty
kathimerini.gr
🌐 85% Global Worthiness
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Mediterranean Economic Boom: Greece, Spain, and Italy Lead in 2024

The Economist ranks Spain, Greece, and Italy among the top five European economies in 2024, citing strong growth, stock market increases, and low unemployment rates, contrasting this with the underperformance of Germany and the UK.

Progress

48% Bias Score

Decent Work and Economic Growth
usa.chinadaily.com.cn
🌐 85% Global Worthiness
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China Unveils 10 Trillion Yuan Debt Relief Package

China launched a 10 trillion yuan debt-relief package on November 8th to address 14.3 trillion yuan in local government hidden liabilities, aiming to reduce them to 2.3 trillion yuan by 2028 through special bonds and relaxed restrictions on special-purpose bonds, marking a shift towards proactive de...

Progress

48% Bias Score

Reduced Inequality
forbes.com
🌐 85% Global Worthiness
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U.S. Economy Projected for Strong Growth in 2025 Despite Immigration Slowdown

Despite predictions of a recession, the U.S. economy is expected to experience robust growth in 2025, driven by fiscal stimulus from the incoming Trump administration, continued rate cuts by the Federal Reserve, and a strong consumer base; however, decreased immigration may temper job creation.

Progress

44% Bias Score

Decent Work and Economic Growth
smh.com.au
🌐 75% Global Worthiness
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RBA Holds Interest Rates Steady Amid Mixed Economic Signals

The Reserve Bank of Australia kept the official interest rate at 4.35 percent on December 6, 2023, following mixed economic data and amid expectations of a rate cut in early 2024.

Progress

52% Bias Score

Reduced Inequality