Tag #Economic Impact

Showing 121 to 132 of 1,244 results

nrc.nl
🌐 85% Global Worthiness
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EU-US Trade Deal: High Tariffs and Massive Investment Pledges

The EU and US finalized a trade agreement this week, met with criticism in Europe due to high US tariffs exceeding those of the 1930s Smoot-Hawley Act. Despite the lack of retaliatory measures from other nations (excluding China), the EU and Japan pledged $1.3 trillion in US investment, along with a...

Progress

56% Bias Score

Decent Work and Economic Growth
bbc.com
🌐 75% Global Worthiness
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Kenya's Controversial Alcohol Control Proposals Spark Backlash

Kenya is proposing sweeping changes to alcohol sales, including raising the drinking age to 21 and banning sales in supermarkets and restaurants, sparking criticism from the industry and concerns about economic consequences and the effectiveness of such measures.

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48% Bias Score

Good Health and Well-being
dailymail.co.uk
🌐 85% Global Worthiness
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LA's $30 Hotel Minimum Wage Sparks Legal Battle

Los Angeles's new law raises the minimum wage for hotel workers to $25 an hour, increasing to $30 by 2028, sparking a legal battle after a coalition gathered over 100,000 signatures to pause enforcement via a voter referendum in June 2026; unions are challenging the validity of those signatures.

Progress

56% Bias Score

Decent Work and Economic Growth
it.euronews.com
🌐 85% Global Worthiness
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US Tariffs on EU Goods: Limited Short-Term Impact, Uncertain Long-Term Consequences

Starting August 1st, a 15 percent tariff on most European goods exported to the US will be enforced, leading to potentially limited short-term effects on European consumers but potentially increased competition for European businesses and reduced demand for European products in the US in the long ru...

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36% Bias Score

Reduced Inequality
elpais.com
🌐 90% Global Worthiness
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EU Agrees to 15% US Tariff in New Trade Deal

The EU and US finalized a trade deal imposing a 15% tariff on roughly 70% of EU exports to the US, in exchange for reduced US tariffs on some goods, a \$750 billion EU commitment to buy US energy products, and increased EU investment in the US.

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44% Bias Score

Reduced Inequality
welt.de
🌐 90% Global Worthiness
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2025 First-Half Natural Disasters Cause Record $131 Billion in Damages

Natural disasters caused $131 billion in damages globally during the first half of 2025, with California wildfires accounting for $53 billion and the Myanmar earthquake claiming 4,500 lives; these figures significantly exceed long-term averages, highlighting the impact of climate change.

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36% Bias Score

Climate Action
smh.com.au
🌐 85% Global Worthiness
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Australian Retail Sales Soar on Bargain Hunting Amid US Tariff Woes

Fueled by bargain hunting, Australian retail sales jumped 1.2 percent in June, exceeding expectations threefold, while the US tariff changes negatively impacted Australian exporters like Cettire, which saw a 20 percent share price drop.

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40% Bias Score

Reduced Inequality
cnn.com
🌐 90% Global Worthiness
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US-China Trade Talks End Without Breakthrough

After securing trade deals with the EU, UK, Japan, Indonesia, and the Philippines, US-China trade talks in Sweden concluded without a breakthrough, leaving a tariff extension as the immediate option to avoid a trade war.

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64% Bias Score

Reduced Inequality
lexpress.fr
🌐 85% Global Worthiness
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EU Averts US Tariffs But Concedes Economic Sovereignty

The EU reached a deal with the US, avoiding 30% tariffs but accepting a 15% rate on most exports in exchange for \$750 billion in energy purchases and \$600 billion in US investments over three years, sparking debate about its economic sovereignty.

Progress

60% Bias Score

Decent Work and Economic Growth
taz.de
🌐 85% Global Worthiness
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US Tariffs Trigger German GDP Decline

Germany's GDP fell 0.1 percent in Q2 2025, impacted by newly implemented US tariffs on EU imports ranging from 15 to 27.5 percent, hitting sectors like automotive exports and potentially leading to a third consecutive year of recession.

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52% Bias Score

Decent Work and Economic Growth
taz.de
🌐 90% Global Worthiness
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\$131 Billion in Natural Disaster Damages in First Half of 2025

Natural disasters caused \$131 billion in damages during the first half of 2025, exceeding the 30-year average by \$52 billion, primarily due to the unprecedented \$53 billion in damages from the Los Angeles wildfires, which were exacerbated by climate change.

Progress

36% Bias Score

Climate Action
bbc.com
🌐 85% Global Worthiness
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Trump's Tariffs: Immediate and Long-Term Economic Impacts

President Trump's new tariffs, ranging from 10% to 50% on imported goods, are significantly impacting American businesses, causing price increases and forcing companies to take out loans to cover the added costs, while generating over $100 billion in revenue for the US government.

Progress

44% Bias Score

Reduced Inequality

Showing 121 to 132 of 1,244 results