Tag #Economy

dw.com
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EU Awaits Trump's Second Term: Pragmatism and Preparedness in Trade Relations

On Donald Trump's second inauguration, the EU faced no immediate trade shocks, despite earlier tariff threats; the EU is adopting a pragmatic strategy, seeking cooperation while defending its interests, particularly regarding technology regulations and energy trade.

Progress

36% Bias Score

Reduced Inequality
bbc.com
🌐 85% Global Worthiness
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Curbing US Immigration: Severe Economic and Demographic Consequences

President Trump's aim to curb immigration through border enforcement and altering birthright citizenship will severely impact the US economy, given that immigrants comprise 19% of the workforce, pay nearly $580 billion in taxes annually, and significantly contribute to innovation and entrepreneurshi...

Progress

48% Bias Score

No Poverty
cincodias.elpais.com
🌐 85% Global Worthiness
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Trump's Inauguration Overshadows Davos, Raising Global Economic Uncertainty

Trump's inauguration and the Davos forum, both attended by global elites, highlighted contrasting approaches to economic policy: Trump's focus on domestic issues and transactional diplomacy overshadowed the forum, raising concerns about global market stability and potential trade disputes.

Progress

48% Bias Score

Decent Work and Economic Growth
cnbc.com
🌐 85% Global Worthiness
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Market Surge Amidst Warnings of Inflated Valuations

Driven by strong corporate earnings and pro-growth policies, U.S. and German stock markets surged on Wednesday, reaching new highs, yet concerns remain regarding inflated valuations and potential risks, as highlighted by JPMorgan Chase CEO Jamie Dimon.

Progress

44% Bias Score

Decent Work and Economic Growth
africa.chinadaily.com.cn
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Chinese Manufacturers Diversify Amid Potential US Tariff Hikes

Facing potential US tariff increases, Chinese manufacturers are actively diversifying their export markets, focusing on emerging economies and product innovation, as evidenced by a record \$205.2 billion trade value with Vietnam in 2024 and companies expanding into Southeast Asia and Africa.

Progress

44% Bias Score

Decent Work and Economic Growth
jpost.com
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Elbit Systems' Stock Soars Amidst Global Defense Spending Surge

Elbit Systems' share price has soared 70% since June to record highs, reaching a $13.3 billion market cap, fueled by increased global defense budgets and strong demand for its products, particularly in Israel following the recent conflict; despite a ceasefire, continued growth is expected.

Progress

56% Bias Score

Peace, Justice, and Strong Institutions
theguardian.com
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Foreign Aid Spending Reaches Record High Amidst Announced Cuts

In 2023, foreign aid hit a record high of $223 billion, but eight wealthy nations plan to cut aid by $17.2 billion over five years, with the EU and US also making reductions; this raises questions about the future of foreign aid.

Progress

48% Bias Score

No Poverty
cnbc.com
🌐 85% Global Worthiness
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Germany Needs Economic Growth, Finance Minister Says

German Finance Minister Jörg Kukies, in a CNBC interview at the Davos World Economic Forum, highlighted the need for economic growth to address Germany's declining GDP in 2023 and 2024, advocating for targeted reforms to the debt brake and stronger trade ties with the U.S. while acknowledging the up...

Progress

36% Bias Score

Decent Work and Economic Growth
cbsnews.com
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Lutnick to Divest from Businesses Before Leading Commerce Department

President Trump's nominee for Commerce Secretary, Howard Lutnick, will divest from Cantor Fitzgerald, BGC Group, and Newmark Group to avoid conflicts of interest, despite retaining significant assets and advocating for tariffs.

Progress

40% Bias Score

Reduced Inequality
chinadaily.com.cn
🌐 85% Global Worthiness
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Nepal-China Relations: 70 Years of Partnership and Future Collaboration

Nepal and China mark 70 years of diplomatic relations, characterized by strong economic cooperation, infrastructure development, and cultural exchange, with future plans focused on enhancing connectivity and technology transfer to benefit both nations.

Progress

48% Bias Score

Reduced Inequality
jpost.com
🌐 85% Global Worthiness
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Health Start-ups Tackle Financial Strain in European and Israeli Healthcare

Facing rising costs and aging populations, European and Israeli public healthcare systems are undergoing a transformation in 2025, with health start-ups offering cost-effective medical devices and digital health platforms to improve efficiency and patient care; in Germany, a 13% cost increase led to...

Progress

36% Bias Score

Good Health and Well-being
kathimerini.gr
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Volkswagen's Collaborative Cost Cuts Raise Investor Doubts

Volkswagen's pre-Christmas cost-cutting agreement, involving plant closures and 35,000 job cuts by 2027, prioritizes collaboration with labor unions, raising investor concerns about its feasibility and impact on the company's stock price.

Progress

44% Bias Score

Decent Work and Economic Growth