Tag #Economic Growth

dailymail.co.uk
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Potential £130 Billion Merger of Rio Tinto and Glencore

A potential £130 billion merger between FTSE 100 mining giants Rio Tinto and Glencore is being considered, fueled by high demand for natural resources and anticipated changes in regulatory environments in the US and UK, following a year of significant M&A activity in the mining sector.

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48% Bias Score

Responsible Consumption and Production
lefigaro.fr
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China's Economy Slows to 5% Growth in 2024

China's 2024 economic growth slowed to 5%, its weakest pace in three decades (excluding Covid), despite record exports, due to a persistent real estate crisis, weak domestic consumption, and trade tensions; the government plans further stimulus measures in 2025.

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44% Bias Score

Decent Work and Economic Growth
abcnews.go.com
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China's Economy Grows 5% in 2024, Meeting Target Amidst Underlying Weaknesses

China's economy grew 5% in 2024, meeting Beijing's target despite slowing from 5.2% in 2023, driven by strong exports and government stimulus, but facing persistent weaknesses in consumer spending and the property sector.

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40% Bias Score

Decent Work and Economic Growth
faz.net
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China's Economic Growth Figures Under Scrutiny Amidst Weak Consumption and Population Decline

Despite China reporting economic growth, independent analyses show significantly lower figures; weak domestic consumption, despite government efforts, is coupled with a declining population resulting in a 1.4 million decrease in population in 2022.

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36% Bias Score

Decent Work and Economic Growth
hu.euronews.com
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Hungary's Revised Growth Plan Approved by EU Commission

The European Commission conditionally approved Hungary's revised medium-term economic growth plan, which features reduced government spending to address concerns about the country's high budget deficit and public debt. The plan still exceeds EU targets, leading to an ongoing excessive deficit proced...

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36% Bias Score

Decent Work and Economic Growth
europe.chinadaily.com.cn
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UK Chancellor Urges Regulators to Boost Growth After Disappointing GDP Figures

UK Chancellor Rachel Reeves met with regulators on Thursday to discuss stimulating economic growth after November's disappointing 0.1 percent GDP increase, falling short of predictions and prompting concerns about the need for regulatory reform to address investment barriers and boost economic activ...

Progress

40% Bias Score

Decent Work and Economic Growth
kathimerini.gr
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Greek IRIS Payments Transactions Surge 137% in 2024

IRIS Payments transactions in Greece soared 137% in 2024, reaching 57.3 million transactions valued at €6.1 billion, driven by strong growth across P2P, P2B, and eCommerce services and indicating a significant shift towards digital payments.

Progress

52% Bias Score

Reduced Inequality
elmundo.es
🌐 85% Global Worthiness
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China Reports 5% Economic Growth Amidst Population Decline

During the 40-day Chunyun travel period in China, the country announced 5% economic growth in 2024, driven by exports, while also reporting a slight increase in births but a continued population decline for the third consecutive year, totaling a decrease of 1.39 million people.

Progress

48% Bias Score

Reduced Inequality
usa.chinadaily.com.cn
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Record FDI Surge in China Driven by High-Tech and Green Investments

Fueled by advancements in high-tech manufacturing, green energy, and consumer goods, foreign direct investment (FDI) into China saw a record 8.9 percent year-on-year growth (January-November 2023), with 52,379 new foreign-invested enterprises established, showcasing investor confidence despite globa...

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44% Bias Score

Decent Work and Economic Growth
usa.chinadaily.com.cn
🌐 75% Global Worthiness
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Guangdong Township Surpasses 100 Billion Yuan GDP

Chang'an township in Dongguan, Guangdong, exceeded 100 billion yuan GDP in 2024, driven by its dominant electronic information industry (over 200 billion yuan output value) including smartphone production (1/8 of global shipments), alongside thriving hardware and mold industries (50 billion yuan), a...

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36% Bias Score

Decent Work and Economic Growth
usa.chinadaily.com.cn
🌐 75% Global Worthiness
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UK Government Urges Regulators to Boost Economic Growth After Disappointing GDP Figures

UK Chancellor Rachel Reeves is urging regulators to boost economic growth after November's GDP unexpectedly rose by only 0.1%, prompting a government-wide initiative to address investment barriers and reform regulations.

Progress

36% Bias Score

Decent Work and Economic Growth
europe.chinadaily.com.cn
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Guangdong Township Joins '100 Billion Yuan' Club, Driven by Smartphone Production

Chang'an township in Dongguan, Guangdong, surpassed 100 billion yuan ($13.64 billion) GDP in 2024, driven by its dominant role in global smartphone production (one-eighth of total shipments) and thriving supporting industries, highlighting successful rural development and strengthening Dongguan's ec...

Progress

36% Bias Score

Decent Work and Economic Growth