Davos 2024: Eleven Tribes of Influence
The 2024 World Economic Forum in Davos, Switzerland, categorized attendees into eleven groups based on their status, access, and influence, ranging from the elite '1 percent of the 1-percenters' with exclusive privileges to the press with limited access, reflecting power dynamics and economic inequa...
Davos 2024: Eleven Tribes of Influence
The 2024 World Economic Forum in Davos, Switzerland, categorized attendees into eleven groups based on their status, access, and influence, ranging from the elite '1 percent of the 1-percenters' with exclusive privileges to the press with limited access, reflecting power dynamics and economic inequa...
Progress
64% Bias Score
RCEP: World's Largest Trade Agreement Faces Sustainability and Geopolitical Challenges
The Regional Comprehensive Economic Partnership (RCEP), effective January 1, 2022, is the world's largest free trade agreement, encompassing 15 Asia-Pacific nations and impacting roughly one-third of global GDP and population, by reducing tariffs and non-tariff barriers.
RCEP: World's Largest Trade Agreement Faces Sustainability and Geopolitical Challenges
The Regional Comprehensive Economic Partnership (RCEP), effective January 1, 2022, is the world's largest free trade agreement, encompassing 15 Asia-Pacific nations and impacting roughly one-third of global GDP and population, by reducing tariffs and non-tariff barriers.
Progress
44% Bias Score
Spain's Housing Tax Plan Backfires, Fueling Sales Surge
Spain's plan to tax international homebuyers, potentially up to 100% for non-Europeans, has unexpectedly fueled a surge in sales as buyers rush to avoid higher taxes; this mirrors Canada's extended ban on foreign buyers.
Spain's Housing Tax Plan Backfires, Fueling Sales Surge
Spain's plan to tax international homebuyers, potentially up to 100% for non-Europeans, has unexpectedly fueled a surge in sales as buyers rush to avoid higher taxes; this mirrors Canada's extended ban on foreign buyers.
Progress
52% Bias Score
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...
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
Trump Meme Coin Launch Shakes Cryptocurrency Industry
President Trump and First Lady Melania Trump launched their own meme coins, creating controversy within the cryptocurrency industry, which hoped for pro-crypto regulation under the Trump administration but now fears that this undermines efforts to legitimize digital assets.
Trump Meme Coin Launch Shakes Cryptocurrency Industry
President Trump and First Lady Melania Trump launched their own meme coins, creating controversy within the cryptocurrency industry, which hoped for pro-crypto regulation under the Trump administration but now fears that this undermines efforts to legitimize digital assets.
Progress
64% Bias Score
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.
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
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.
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
Trump Threatens 25% Tariffs on Canada and Mexico
President Trump is considering imposing 25% tariffs on imports from Canada and Mexico by February 1st to curb illegal immigration and drug trafficking, potentially igniting a trade war with major economic consequences for the United States and its neighbors.
Trump Threatens 25% Tariffs on Canada and Mexico
President Trump is considering imposing 25% tariffs on imports from Canada and Mexico by February 1st to curb illegal immigration and drug trafficking, potentially igniting a trade war with major economic consequences for the United States and its neighbors.
Progress
44% Bias Score
Expert Advocates for Continued Cross-Border Educational Collaboration Amidst Decoupling
John Quelch, executive vice-chancellor of Duke Kunshan University, stressed the importance of maintaining cross-border educational collaboration at the World Economic Forum in Davos, emphasizing the benefits for global prosperity despite efforts to decouple manufacturing supply chains; he cited his ...
Expert Advocates for Continued Cross-Border Educational Collaboration Amidst Decoupling
John Quelch, executive vice-chancellor of Duke Kunshan University, stressed the importance of maintaining cross-border educational collaboration at the World Economic Forum in Davos, emphasizing the benefits for global prosperity despite efforts to decouple manufacturing supply chains; he cited his ...
Progress
36% Bias Score
European Auto Industry Faces 2024 Challenges Amidst EV Transition
The European automotive industry anticipates a difficult 2024 despite rising EV sales, facing challenges from reduced government subsidies, stringent CO2 emission targets, and increased tariffs on Chinese EV imports, impacting profitability and R&D investment.
European Auto Industry Faces 2024 Challenges Amidst EV Transition
The European automotive industry anticipates a difficult 2024 despite rising EV sales, facing challenges from reduced government subsidies, stringent CO2 emission targets, and increased tariffs on Chinese EV imports, impacting profitability and R&D investment.
Progress
40% Bias Score
RCEP: Lowering Trade Costs Amidst Global Uncertainty
The Regional Comprehensive Economic Partnership (RCEP), encompassing 15 Asia-Pacific nations, entered its third year on January 1, 2022, significantly reducing trade costs by eliminating tariffs on over 90% of traded goods and lowering non-tariff barriers, despite global trade cost increases due to ...
RCEP: Lowering Trade Costs Amidst Global Uncertainty
The Regional Comprehensive Economic Partnership (RCEP), encompassing 15 Asia-Pacific nations, entered its third year on January 1, 2022, significantly reducing trade costs by eliminating tariffs on over 90% of traded goods and lowering non-tariff barriers, despite global trade cost increases due to ...
Progress
40% Bias Score
BOJ Poised for Rate Hike Amid Inflation and Yen Weakness
The Bank of Japan is expected to raise its benchmark interest rate by 0.25% this week to 0.5%, the highest since 2008, driven by sustained inflation, yen weakness, and a shift in the BOJ's public statements. Eighteen of nineteen economists polled by CNBC predict the hike, despite risks from weak hou...
BOJ Poised for Rate Hike Amid Inflation and Yen Weakness
The Bank of Japan is expected to raise its benchmark interest rate by 0.25% this week to 0.5%, the highest since 2008, driven by sustained inflation, yen weakness, and a shift in the BOJ's public statements. Eighteen of nineteen economists polled by CNBC predict the hike, despite risks from weak hou...
Progress
40% Bias Score