Tag #Economy

theglobeandmail.com
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Alberta Premier's U.S. Lobbying Effort Diverges from Canadian Strategy

Alberta Premier Danielle Smith is lobbying U.S. officials to secure exemptions for Canadian crude oil from potential tariffs, employing a strategy that emphasizes mutual economic benefit despite criticism for undermining national unity.

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52% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
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Canada's Potential Economic Union with the U.S.: Benefits and Risks

An Angus Reid survey reveals that Canadians under 55 lack deep emotional attachment to Canada, and their attachment depends on the country providing a good standard of living. This raises concerns about Canada's integration with the U.S., and the potential benefits and drawbacks of adopting the U.S....

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36% Bias Score

Decent Work and Economic Growth
cnn.com
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Trump's Four-Step Economic Plan: Tax Cuts, Tariffs, and the Fight Against Inflation

President Trump unveiled a four-step economic plan: lowering corporate taxes to 15%, imposing tariffs on foreign goods, reducing energy costs through OPEC negotiation and increased US production, and lowering interest rates. He claims this will stimulate economic growth, reduce inflation, and reduce...

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48% Bias Score

Decent Work and Economic Growth
cnbc.com
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S&P 500 Hits Record High Amid Mixed Stock Performances

The S&P 500 closed at a record high above 6100, driven by strong performances in industrial and financial sectors, while Electronic Arts plunged 17% due to weak demand; American Express reports earnings Friday.

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40% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
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Ontario Colleges Face Funding Crisis Amidst Federal International Student Visa Cuts

The number of international student visas available to Ontario colleges and universities will drop by approximately 25,000 in 2025 due to a federal government decision to reduce study permits by 45 percent to address housing market strain, resulting in significant financial losses and program cuts a...

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52% Bias Score

Quality Education
hu.euronews.com
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Trump's Ultimatum: Invest in US or Face Tariffs

At the World Economic Forum, President Trump threatened tariffs on companies that don't invest in the US, promising lower taxes in return; he also urged oil producers to lower prices to harm Russia's war effort, highlighting a new era of geostrategic competition.

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44% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
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Trump Freezes IRA Funds, Creating Clean Energy Uncertainty

President Trump's executive order freezes funding for the Inflation Reduction Act (IRA), creating uncertainty for clean energy projects and international collaborations; the order's impact on already-awarded funds and tax credits remains unclear, potentially triggering legal battles and affecting in...

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48% Bias Score

Climate Action
bbc.com
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Record Surge in UK Business Distress Amid Falling Consumer Confidence

UK businesses in critical financial distress jumped 50% in the last quarter of 2024 to 46,583, fueled by HMRC's tougher tax stance and falling consumer confidence amid rising costs and economic uncertainty.

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32% Bias Score

Decent Work and Economic Growth
usa.chinadaily.com.cn
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China's Petroleum Consumption to Peak in 2025

In 2024, China's investment in non-fossil fuels comprised one-third of global investments, causing a 1.7% decrease in refined oil consumption year-on-year; consumption is expected to peak in 2025 at 382 million tons, driven by the rapid rise of renewable energy and electric vehicles.

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36% Bias Score

Affordable and Clean Energy
nbcnews.com
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UnitedHealthcare Names New CEO After Previous CEO's Murder

Following the December murder of its CEO Brian Thompson in Manhattan, UnitedHealthcare appointed Tim Noel, its head of Medicare and retirement, as the new CEO. The company's Q1 revenue missed Wall Street's expectations, and the incident has increased security concerns across the healthcare industry.

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40% Bias Score

Good Health and Well-being
gr.euronews.com
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China Mandates Increased Stock Investment to Boost Economy

The Chinese government announced that mutual and insurance funds must increase A-share investments by at least 10% and 30% respectively annually to boost the stock market and encourage consumer spending, starting this year.

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40% Bias Score

Decent Work and Economic Growth
usa.chinadaily.com.cn
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China's Record Oil and Gas Production Reduces Reliance on Imports

In 2024, China's oil and gas production surpassed 400 million metric tons of oil equivalent for the first time, driven by increased domestic output and technological innovation, leading to a 1.9 percent decrease in crude oil imports as demand for gasoline and diesel fell due to the rise of electric ...

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36% Bias Score

Affordable and Clean Energy