Tag #Economy

de.euronews.com
🌐 85% Global Worthiness
News related image

IAG Frontrunner to Acquire \$1 Billion Stake in TAP Airline

International Airlines Group (IAG) is the frontrunner to purchase a \$1 billion stake in Portugal's TAP airline, aiming to consolidate the European airline industry and leverage TAP's strong Brazilian routes; however, regulatory hurdles and concerns about preserving TAP's Portuguese identity remain.

Progress

36% Bias Score

Decent Work and Economic Growth
welt.de
🌐 85% Global Worthiness
News related image

France's Euro Victory: A Pyrrhic Win?

Following the Bretton Woods collapse, France's weak Franc and high interest rates motivated its pursuit of the Euro to counter German dominance, but this led to current vulnerabilities and a potential Euro crisis due to France's fiscal dominance and Germany's weakened economy.

Progress

56% Bias Score

Reduced Inequality
english.kyodonews.net
🌐 85% Global Worthiness
News related image

BOJ Raises Interest Rate to 0.5%, Highest in 17 Years

The Bank of Japan raised its key short-term interest rate to 0.5 percent on Friday, its highest level in 17 years, citing expectations for wage hikes and rising inflation, including a 3 percent increase in core consumer prices in December.

Progress

32% Bias Score

Reduced Inequality
bbc.com
🌐 85% Global Worthiness
News related image

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.

Progress

32% Bias Score

Decent Work and Economic Growth
usa.chinadaily.com.cn
🌐 85% Global Worthiness
News related image

China's 2027 Plan for Rural Revitalization and Income Growth

China plans to significantly advance rural vitalization and agricultural modernization by 2027, focusing on high-quality rural industry development to boost farmers' income, with per capita disposable income reaching 23,119 yuan in 2024.

Progress

32% Bias Score

No Poverty
theglobeandmail.com
🌐 85% Global Worthiness
News related image

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.

Progress

52% Bias Score

Decent Work and Economic Growth
elmundo.es
🌐 85% Global Worthiness
News related image

STC Increases Telefónica Stake to 9.97%, Seeks Board Seat

Saudi Telecom Company (STC) now holds a 9.97% stake in Telefónica, making it the second-largest shareholder after the Spanish government, and is seeking a board seat, prompting concerns about national security but also opening possibilities for business collaborations.

Progress

36% Bias Score

Decent Work and Economic Growth
cnbc.com
🌐 85% Global Worthiness
News related image

BOJ Raises Rates to 0.5%, Highest Since 2008

The Bank of Japan raised interest rates by 25 basis points to 0.5% on Friday, its highest since 2008, due to sustained inflation and rising wages, resulting in a stronger yen and a slightly higher Nikkei index; the decision was an 8-1 vote.

Progress

12% Bias Score

Decent Work and Economic Growth
gr.euronews.com
🌐 85% Global Worthiness
News related image

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.

Progress

40% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
🌐 85% Global Worthiness
News related image

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...

Progress

48% Bias Score

Climate Action
hu.euronews.com
🌐 85% Global Worthiness
News related image

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.

Progress

44% Bias Score

Decent Work and Economic Growth
dailymail.co.uk
🌐 85% Global Worthiness
News related image

Plummeting Consumer Confidence Fuels UK Economic Gloom

A new survey reveals UK consumer confidence has fallen to its lowest level since December 2023, fueled by rising inflation, stagnant growth, and government policies impacting businesses, resulting in job cuts and reduced sales; the Chancellor is attempting to attract investment at the Davos World Ec...

Progress

68% Bias Score

Decent Work and Economic Growth