Tag #Economic Growth

usa.chinadaily.com.cn
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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...

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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.

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52% Bias Score

Reduced Inequality
forbes.com
🌐 75% Global Worthiness
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Falling Copper Prices Signal Slowing Global Economic Growth

Copper prices are falling, currently at $4.18/lb, down 18% in seven months, signaling slowing global economic growth due to trade war concerns and underwhelming Chinese stimulus; investment banks predict further price drops to around $3.72/lb by next year.

Progress

48% Bias Score

Decent Work and Economic Growth
cnbc.com
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Robinhood Upgrade: Barclays Raises Price Target to $49 on Strong Performance

Barclays upgraded online brokerage Robinhood to overweight, raising its price target to $49, driven by a 227% surge in its stock price this year, thanks to strong gains in Bitcoin and the S&P 500, and further revenue growth projections from new initiatives.

Progress

40% Bias Score

Decent Work and Economic Growth
china.org.cn
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China's Economic Policies Boost Growth Forecasts

New economic policies in China, implemented since September 2024, have spurred significant improvements in consumption, production, and home sales, leading to upward revisions in 2024 growth forecasts by major foreign banks, including UBS (4.8 percent) and Goldman Sachs (4.9 percent).

Progress

52% Bias Score

Decent Work and Economic Growth
dailymail.co.uk
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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
german.china.org.cn
🌐 75% Global Worthiness
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"Allianz Invests in Chinese Pension Insurance Company, Highlighting China's Financial Opening"

"Allianz Global Investors GmbH invested \$39 million in Guomin Pension & Insurance Co., acquiring a 2% stake, reflecting China's growing financial openness and attracting further foreign investment into the pension insurance sector."

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4% Bias Score

Decent Work and Economic Growth
liberation.fr
🌐 75% Global Worthiness
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French Influencer Market Estimated at €6.5 Billion in 2024

A new report estimates the French online influence and content creation market at €6.5 billion in 2024, comprising 300,000 creators and generating 1.5 million jobs; it's projected to reach €30 billion by 2031, driven by brand collaborations and the rise of micro-influencers.

Progress

24% Bias Score

Decent Work and Economic Growth
forbes.com
🌐 85% Global Worthiness
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U.K. Job Vacancies Plummet Amidst Tax Hikes and Reduced Business Confidence

U.K. job vacancies fell at their fastest pace in over four years in November, driven by increased employer costs from recent tax hikes and reduced consumer demand, leading to decreased business confidence and a contraction in economic output.

Progress

52% Bias Score

Decent Work and Economic Growth
elpais.com
🌐 75% Global Worthiness
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Spain Lags in Intangible Asset Investment, Despite Post-Pandemic Surge

A new report reveals Spain's lagging investment in intangible assets compared to other advanced economies, highlighting regional disparities and the underinvestment in public services, despite a post-pandemic surge.

Progress

40% Bias Score

Industry, Innovation, and Infrastructure