Tag #Economic Growth

dailymail.co.uk
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Next to Hike Prices After Labour's Tax Increase

Next plans a 1% price hike due to £67 million increased wage costs from Labour's tax policies, impacting sales and potentially UK growth, despite a better-than-expected fourth-quarter performance.

Progress

60% Bias Score

Decent Work and Economic Growth
dw.com
🌐 85% Global Worthiness
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Germany's Inflation Remains Stubbornly High at 2.6% in December

Germany's inflation unexpectedly rose to 2.6 percent in December 2024, marking the third consecutive monthly increase, driven by higher service and food costs, despite lower energy prices; economists predict continued inflation above 2 percent in 2025.

Progress

28% Bias Score

No Poverty
spanish.china.org.cn
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China's Ice and Snow Tourism Projected to Generate $86 Billion in Revenue

China's ice and snow tourism sector anticipates 520 million trips and over $85.98 billion in revenue during the 2024-2025 winter season, driven by increased investment and technological advancements; Harbin's visitor numbers increased by 21.3% year-on-year.

Progress

48% Bias Score

Decent Work and Economic Growth
elpais.com
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Eurozone Inflation Edges Up in December 2024, Future Risks Remain

Eurostat reported 2.4% inflation for December 2024 in the Eurozone, exceeding the ECB's target slightly but remaining below 2023 peaks; rising service prices and potential trade conflicts pose future risks.

Progress

40% Bias Score

Reduced Inequality
allafrica.com
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Nigerian Pension Sector's Resilience Amidst 2024 Economic Downturn

Nigeria's pension sector defied a challenging 2024 economy, growing assets to N21.9 trillion with 10.5 million contributors by October, showcasing resilience despite inflation reaching 34.19 percent and the Monetary Policy Rate at 26.25 percent.

Progress

48% Bias Score

Decent Work and Economic Growth
china.org.cn
🌐 85% Global Worthiness
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China's Chip Exports Surge Despite US Sanctions

Despite US sanctions, China's integrated circuit exports reached 1.03 trillion yuan ($141 billion) in the first 11 months of 2024, a 20.3 percent year-on-year increase, driven by government support and spurred innovation, while US sanctions cost its suppliers an estimated $130 billion.

Progress

48% Bias Score

Industry, Innovation, and Infrastructure
theglobeandmail.com
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Active Stock Picking Outperforms: Debunking Market Myths

Studies show that active stock picking, especially value investing with a long-term perspective, consistently outperforms market averages; this contradicts the efficient market hypothesis and demonstrates that interest rate changes don't always dictate stock market movements.

Progress

48% Bias Score

Decent Work and Economic Growth
theguardian.com
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UK Borrowing Costs Hit 27-Year High Amid Inflation and Slow Growth

The yield on UK 30-year government bonds reached 5.22% on Tuesday, the highest level since 1998, due to investor concerns about slow growth, high inflation, and the government's £300 billion bond sale plan this year. This comes as the UK economy shrank for a second month in October.

Progress

44% Bias Score

Reduced Inequality
faz.net
🌐 75% Global Worthiness
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Germany's Inflation Remains Elevated Amidst Rising Costs and Weak Economy

Germany's inflation is expected to remain high in January due to increased CO2 taxes, higher Deutschlandticket prices, and rising service costs, with economists predicting a 2.5 percent rate and warning against rapid interest rate cuts.

Progress

28% Bias Score

Reduced Inequality
faz.net
🌐 75% Global Worthiness
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Germany's 2024 GDP Shrinks 0.2%, Defying Economic Forecasts

Germany's 2024 GDP unexpectedly contracted by 0.2 percent, defying expert predictions of growth, primarily due to underestimated inflation impacts and the manufacturing sector's deep crisis, leading to subdued consumer spending and investment.

Progress

40% Bias Score

Decent Work and Economic Growth
usa.chinadaily.com.cn
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China Shifts to "Moderately Loose" Monetary Policy After 14 Years

China has adopted a "moderately loose" monetary policy for 2025, marking a significant shift from its 14-year "prudent" stance, involving interest rate cuts, reserve requirement ratio reductions, and unconventional measures to boost domestic demand, stabilize the yuan, and counter economic headwinds...

Progress

48% Bias Score

Decent Work and Economic Growth
china.org.cn
🌐 85% Global Worthiness
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China's 2024 Travel Boom: Record Rail and Air Passenger Numbers Signal Economic Strength

In 2024, China saw record-breaking rail (4.08 billion trips, +10.8%) and air (730 million trips, +18%) travel fueled by strong economic activity and increased consumer spending, particularly in domestic tourism (4.24 billion trips, +15.3%).

Progress

40% Bias Score

Decent Work and Economic Growth