Tag #Economy

elpais.com
🌐 85% Global Worthiness
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Sabadell's Return to Catalonia: Political Stakes High Amidst BBVA Takeover

Banco Sabadell, headquartered in Alicante since 2017, is considering returning to Catalonia, a move with significant political implications amid BBVA's takeover attempt and Spain's ongoing recovery from the 2017 independence crisis.

Progress

56% Bias Score

Peace, Justice, and Strong Institutions
gr.euronews.com
🌐 85% Global Worthiness
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Europe's Unity and Self-Reliance in Response to Trump Presidency

At a Euronews event in Davos, European leaders discussed bolstering unity and competitiveness amidst President Trump's inauguration, emphasizing increased defense spending, digital investments, and deeper integration to counter potential US isolationism.

Progress

36% Bias Score

Industry, Innovation, and Infrastructure
europe.chinadaily.com.cn
🌐 85% Global Worthiness
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Xizang's GDP Grows 6.3 Percent in 2024, Driven by Foreign Trade Surge

Xizang's 2024 GDP reached $37.96 billion (a 6.3 percent increase), driven by a 15.4 percent surge in foreign trade to $1.7 billion, facilitated by new infrastructure and supportive government policies; per capita disposable income rose 8.2 percent.

Progress

48% Bias Score

No Poverty
europe.chinadaily.com.cn
🌐 85% Global Worthiness
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US Tariffs on China Risk Inflation, Slowing Growth

The US plans to impose massive tariffs on China, potentially increasing inflation and slowing US economic growth; economists predict higher consumer prices and disrupted US supply chains; China plans to counteract with domestic market revitalization and a 5% GDP growth target for 2025.

Progress

40% Bias Score

Reduced Inequality
theglobeandmail.com
🌐 85% Global Worthiness
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Netflix's Record Subscriber Growth Fuels Price Hikes and Stock Surge

Netflix added a record 18.9 million subscribers in Q4 2024, exceeding expectations due to live sports and "Squid Game," prompting price increases across various plans in the US, Canada, Portugal, and Argentina and resulting in a 13 percent stock surge.

Progress

12% Bias Score

Reduced Inequality
forbes.com
🌐 85% Global Worthiness
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CMS Drug Price Controls Under IRA Threaten Pharmaceutical Innovation

CMS announced price negotiations for 15 drugs under the IRA, imposing penalties up to 95% of U.S. sales for non-compliance; this discourages R&D, potentially resulting in fewer new drugs and harming patients, with studies projecting a loss of 135 new drugs and $663 billion in R&D spending by 2039.

Progress

60% Bias Score

Good Health and Well-being
china.org.cn
🌐 85% Global Worthiness
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China Urges Multilateralism and Inclusive Growth at Davos

In Davos, Chinese Vice Premier Ding Xuexiang urged global cooperation for inclusive development, echoing President Xi's 2017 call for multilateralism, and outlined China's commitment to high-quality growth, green initiatives, and further opening up, meeting with several world leaders and business ex...

Progress

20% Bias Score

Reduced Inequality
africa.chinadaily.com.cn
🌐 85% Global Worthiness
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China Unveils Plan to Boost New Energy Vehicle Sector

China's Ministry of Industry and Information Technology announced plans to bolster its new energy vehicle sector through technological advancements in new system batteries, infrastructure development, and broader economic support, solidifying its global leadership in electric mobility.

Progress

36% Bias Score

Industry, Innovation, and Infrastructure
liberation.fr
🌐 85% Global Worthiness
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Trump Threatens Tariffs on China and EU

President Trump announced 10% tariffs on Chinese goods starting February 1st and threatened similar measures against the EU, citing unfair trade practices and the flow of fentanyl from China into the US, following similar actions against Mexico and Canada.

Progress

60% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
🌐 85% Global Worthiness
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Trump's Trade Focus: Challenges and Opportunities for Canada

President Trump's second term begins with an executive order to investigate America's trade deficits, potentially using tariffs, creating challenges and opportunities for Canada which ran a US$41-billion trade surplus with the U.S. in 2023, but this surplus largely disappears if energy exports are e...

Progress

44% Bias Score

Decent Work and Economic Growth
forbes.com
🌐 85% Global Worthiness
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Trump Memo Orders Review of Unfair Foreign Trade Practices

President Trump's January 20 Memorandum on America First Trade Policy directs executive agencies to report by April 1 on actions to counter unfair foreign trade practices, focusing on using Anticompetitive Market Distortions analysis for effective remedies and potentially forming international coali...

Progress

44% Bias Score

Decent Work and Economic Growth
us.cnn.com
🌐 85% Global Worthiness
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Trump Threatens 10% Tariff on All Chinese Goods

President Donald Trump threatened a 10% tariff on all Chinese goods starting February 1st, citing fentanyl trafficking through Mexico and Canada, despite market concerns about inflation; he also threatened tariffs on Mexico and Canada on Monday.

Progress

40% Bias Score

Reduced Inequality