Tag #Economic Slowdown

Showing 73 to 84 of 254 results

cbsnews.com
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OECD Predicts Sharp Slowdown in U.S. Economic Growth Due to Tariffs

The OECD forecasts a significant decline in U.S. GDP growth to 1.6% in 2025 and 1.5% in 2026, primarily due to the Trump administration's tariffs increasing the effective tariff rate to 15.4%, the highest since 1938, leading to higher consumer prices and decreased consumer and business confidence.

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44% Bias Score

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theglobeandmail.com
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Canadian Banks Boost Loan Loss Provisions Amidst Trade Uncertainty

BMO and National Bank of Canada reported higher-than-expected second-quarter earnings but increased loan loss provisions to $1.05 billion and $545 million, respectively, due to rising default risks from U.S. trade tensions and weakening Canadian economic indicators, impacting both consumer and comme...

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28% Bias Score

Decent Work and Economic Growth
lefigaro.fr
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PDD Holdings Q1 2024 Profit Drops 47% Amid Trade Tensions

PDD Holdings, a Shanghai-based e-commerce giant, reported a 47% net profit decrease to .8 billion euros in Q1 2024, attributed to US-China trade tensions, increased competition, and strategic investments impacting short-term profitability, while revenue grew by 10% year-on-year to .7 billion euros.

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32% Bias Score

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mk.ru
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Russia's Economic Slowdown Impacts Salary Growth

Russia's economic slowdown is tempering salary growth, with a projected 12% increase in 2025 compared to 18% in 2024, impacting sectors unevenly; however, low unemployment (2.5%) until at least 2028 maintains a job-seeker's market.

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44% Bias Score

Decent Work and Economic Growth
kathimerini.gr
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Eurozone Private Sector Contracts in May

The Eurozone's private sector activity unexpectedly contracted in May, with the services sector performing the worst in 16 months; the S&P Global composite PMI fell to 49.5, below the 50 mark separating growth from contraction, due to weak foreign and domestic demand.

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32% Bias Score

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forbes.com
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Economic Policy Uncertainty Triggers Sharp Economic Slowdown

Record-high economic policy uncertainty, primarily due to tariffs, caused a significant economic slowdown in Q1 2025: consumer spending grew by only 1.8%, car purchases fell 11.1%, and business investment in structures dropped 4.3% while inventory investment rose.

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60% Bias Score

Decent Work and Economic Growth
lefigaro.fr
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IATA Meeting Highlights Global Air Travel Slowdown

The International Air Transport Association's (IATA) annual meeting in New Delhi reveals a slowdown in North American air travel, threatening the industry's \$36.6 billion profit projection for 2025, despite robust growth in other regions, and raising concerns about the impact on travelers.

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56% Bias Score

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welt.de
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Weak German Labor Market Recovery Amidst Persistent Skills Shortages

Germany's spring labor market showed weak improvement, with unemployment decreasing by only 12,000 in May to 2.919 million, despite 163 professions facing staff shortages; fewer apprenticeship positions are available, and short-time work benefits rose.

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44% Bias Score

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zeit.de
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Weak German Job Market Recovery Amidst Persistent Skill Shortages

Germany's May unemployment figures show a weak spring recovery, with a decrease of only 12,000 jobless individuals, resulting in 2.919 million unemployed, 197,000 more than last year, despite a persistent shortage of skilled workers across numerous sectors.

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44% Bias Score

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smh.com.au
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China's EV Market: Oversupply and Price War

China's electric vehicle market is facing a price war due to oversupply and weak consumer demand, leading to financial stress for manufacturers and a potential global trade conflict.

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36% Bias Score

Industry, Innovation, and Infrastructure
elmundo.es
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Eurozone Activity Contracts in May Amidst Services Sector Weakness

The Eurozone experienced its first activity contraction in five months during May, primarily due to a weakened services sector with confidence plummeting to its second-lowest level since 2012 (excluding the COVID-19 crisis), reaching a PMI of 49.5, driven by weak domestic demand and uncertainty surr...

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24% Bias Score

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forbes.com
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Philippine Real Estate Slowdown Amidst Condominium Oversupply

Philippine real estate developers, including Ayala Land and SM Prime, are slowing high-rise condominium construction in Metro Manila due to an oversupply of more than 70,000 unsold units resulting from a government ban on offshore gaming and slowed economic growth, leading to the introduction of cre...

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36% Bias Score

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Showing 73 to 84 of 254 results