Tag #Economy

it.euronews.com
🌐 85% Global Worthiness
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Trump's Davos Speech Boosts European Markets

European stock markets surged following President Trump's virtual Davos address, where he advocated for lower interest rates, reduced oil prices, and banking deregulation; while the banking sector thrived, energy stocks fell due to lower oil prices, and tech stocks showed mixed results.

Progress

40% Bias Score

Decent Work and Economic Growth
africa.chinadaily.com.cn
🌐 85% Global Worthiness
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China Launches $137 Billion Plan to Stabilize A-Share Market

China unveiled a multiyear plan to inject roughly $137.2 billion annually into its A-share market through increased investments from State-owned entities and mutual funds, aiming to stabilize the market and boost investor confidence.

Progress

44% Bias Score

Decent Work and Economic Growth
bbc.com
🌐 85% Global Worthiness
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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.

Progress

32% Bias Score

Decent Work and Economic Growth
bbc.com
🌐 85% Global Worthiness
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Massive Data Center Approved in Hertfordshire

Hertsmere Borough Council approved outline plans for DC01UK, a massive data center (87,000 sq m) near the M25 in Hertfordshire, expected to generate £3.75bn and almost 14,000 jobs, despite concerns about its greenbelt location.

Progress

52% Bias Score

Industry, Innovation, and Infrastructure
dailymail.co.uk
🌐 85% Global Worthiness
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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
forbes.com
🌐 85% Global Worthiness
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Dow Leads Gains as S&P Hits Record High Amidst Crypto Regulation and Economic Uncertainty

The Dow Jones Industrial Average surged 0.9%, pushing the S&P 500 to a record high, amidst President Trump's crypto regulation initiatives, a potential national digital asset stockpile, and upcoming key economic data releases.

Progress

36% Bias Score

Reduced Inequality
gr.euronews.com
🌐 85% Global Worthiness
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European VC Investment Dips in 2024 Despite AI Boom and Venture Debt Surge

In 2024, total European VC investment decreased despite a rise in individual deal values and a surge in AI funding (€14.6 billion), while venture debt increased by 27.3% to €17.2 billion; PitchBook predicts subdued funding in 2025 but notes a positive trend of increasing exits.

Progress

16% Bias Score

elpais.com
🌐 85% Global Worthiness
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Boeing Projects $12 Billion Loss in 2024 Amidst Multiple Crises

Boeing projects a $12 billion loss for 2024 due to a series of crises, including a mid-flight fuselage failure, a strike affecting production, and a 10% workforce reduction; the company anticipates resolving these issues under new leadership.

Progress

48% Bias Score

Decent Work and Economic Growth
cnbc.com
🌐 85% Global Worthiness
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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
english.kyodonews.net
🌐 85% Global Worthiness
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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
europe.chinadaily.com.cn
🌐 85% Global Worthiness
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Chinese Consumers Prioritize Wellness, Experiences Amid Cautious Spending

AlixPartners' report on 3,000 Chinese consumers shows increased spending on wellness and experiences (41% on health, 30%+ on groceries/clothing/travel), led by Gen Z in top cities and affluent seniors, despite cautious overall sentiment; online channels dominate.

Progress

16% Bias Score

Good Health and Well-being
usa.chinadaily.com.cn
🌐 85% Global Worthiness
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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