Tag #Economic Slowdown

Showing 37 to 48 of 256 results

kathimerini.gr
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China's Soaring Household Debt Crisis

Between 25 to 34 million Chinese defaulted on personal loans in 2023, double the pre-pandemic rate; including delayed payments, 61 to 83 million are at risk, while government stimulus efforts encouraging borrowing exacerbate the issue, particularly among young, low-income individuals.

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48% Bias Score

Reduced Inequality
edition.cnn.com
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China's Child Subsidy Fails to Address Declining Birth Rate

Faced with a shrinking population, China announced a 3,600 yuan annual child subsidy, but young adults cite high living costs (averaging 538,000 yuan to raise a child to 18) and economic anxieties as primary reasons for delaying or forgoing parenthood, highlighting the inadequacy of financial incent...

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44% Bias Score

Reduced Inequality
theglobeandmail.com
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Toronto Real Estate: Lowball Offers and Buyer Uncertainty

Toronto's summer real estate market sees buyers employing lowball offers, with varying success depending on property condition and buyer financial stability; rising interest rates and economic uncertainty contribute to buyer hesitancy.

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40% Bias Score

Reduced Inequality
elpais.com
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Renault Reports €11.185 Billion Loss, Revises 2024 Projections

Renault reported an €11.185 billion loss in the first half of 2024, primarily due to the devaluation of its Nissan stake, prompting revised financial projections and raising concerns about future adjustments despite stable sales.

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32% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
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Rio Tinto's Profit Falls 16% on Lower Iron Ore Prices

Rio Tinto reported its smallest first-half underlying profit in five years at $4.81 billion, a 16% decrease year-on-year due to falling iron ore prices and rising costs at its Pilbara operations; the company also declared its lowest interim dividend in seven years at $1.48 per share.

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36% Bias Score

Responsible Consumption and Production
theglobeandmail.com
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Global Stock Markets Soar Despite Weak Economic Growth

Global stock markets are at all-time highs despite weak economic growth in most major economies; this disconnect is driven by investment rebalancing away from the US, accelerated by Trump's trade policies, but is unsustainable without stronger economic fundamentals.

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40% Bias Score

Reduced Inequality
cnn.com
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China's Insufficient Child Subsidy Fails to Reverse Declining Birth Rate

Facing a declining birth rate, China announced a 3,600 yuan annual child subsidy, but young adults cite high childcare costs (averaging 538,000 yuan to age 18) and economic anxieties as reasons for delaying or foregoing parenthood, rendering the subsidy insufficient.

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44% Bias Score

Reduced Inequality
arabic.cnn.com
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China's Financial Incentives Fail to Reverse Declining Birth Rate

China's declining birth rate, stemming from past strict family planning policies and current economic pressures, is prompting the government to offer financial aid, but the long-term impact on reversing this trend is uncertain, particularly among young people wary of the high cost of raising childre...

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48% Bias Score

No Poverty
cincodias.elpais.com
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Global Markets Cautious Amidst US Economic Slowdown and Trade Tensions

Facing economic slowdown signals, global markets begin August cautiously; US tariffs on various countries (10%-50%) create uncertainty, the Bank of England may lower rates by 25 basis points, and the US President's attacks on the Fed's independence increase volatility.

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40% Bias Score

Decent Work and Economic Growth
cnn.com
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Weak Job Growth and Rising Inflation Raise US Recession Concerns

This week's economic reports revealed a slowing US economy despite 3% GDP growth in Q2, driven by weak job growth (85,000 jobs added monthly), rising inflation (2.6% PCE), and the impact of Trump's tariffs (increasing effective tax rate to 18%), raising recession risks.

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44% Bias Score

Decent Work and Economic Growth
smh.com.au
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NSW Unemployment Hits Four-Year High

NSW's unemployment rate climbed to 4.4 percent in June, the highest in nearly four years, with over 45,000 jobs lost in two months, impacting western Sydney disproportionately, exceeding government forecasts and raising concerns about future economic prospects.

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48% Bias Score

Decent Work and Economic Growth
dailymail.co.uk
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US Home Sales to Plunge to 30-Year Low Amidst Market Instability

US home sales are expected to plunge to a 30-year low of four million transactions in 2024, driven by high mortgage rates, increased HOA fees, and a challenging economy; experts warn of a potential market collapse with significant economic consequences.

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60% Bias Score

Reduced Inequality

Showing 37 to 48 of 256 results