Tag #Economy

npr.org
🌐 85% Global Worthiness
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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

Reduced Inequality
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
tr.euronews.com
🌐 85% Global Worthiness
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EU Diversifies Trade to Counter US Tariff Threats

The EU is rapidly forging new trade deals with Mexico, Malaysia, India, Mercosur, and Switzerland to counteract potential US tariffs, seeking to diversify export markets and mitigate economic risks.

Progress

36% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
🌐 85% Global Worthiness
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Neo Performance Materials Poised for Growth Amidst Geopolitical Shifts

Neo Performance Materials (NEO-T), a Canadian rare earth metals processor, is expanding its operations in Estonia and rationalizing its Chinese facilities to capitalize on the global shift towards renewable energy and electric vehicles, while mitigating geopolitical risks; the company's strong balan...

Progress

48% Bias Score

Industry, Innovation, and Infrastructure
europe.chinadaily.com.cn
🌐 85% Global Worthiness
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Global Tourism Recovers to Near Pre-Pandemic Levels in 2024

In 2024, international tourist arrivals reached 1.4 billion, an 11 percent increase, recovering to 99 percent of 2019 levels, driven by restored air capacity and strong demand; spending reached $1.6 trillion.

Progress

32% Bias Score

Decent Work and Economic Growth
china.org.cn
🌐 85% Global Worthiness
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China Urges Multilateralism and Inclusive Development at Davos 2025

At the 2025 World Economic Forum in Davos, Chinese Vice Premier Ding Xuexiang urged global cooperation on multilateralism and inclusive development, outlining four key recommendations and highlighting China's commitment to high-quality growth, green transition, and further opening up, based on Presi...

Progress

8% Bias Score

Reduced Inequality
elmundo.es
🌐 85% Global Worthiness
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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

Reduced Inequality
faz.net
🌐 85% Global Worthiness
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German Businesses Face Significant AI Skills Gap, Hindering Economic Growth

German businesses are facing a significant AI skills gap, with over a third lacking application competence in automation and roughly 20 percent struggling with content creation and data-driven decisions, hindering potential productivity gains of up to 19 percent and €300 billion in value from genera...

Progress

36% Bias Score

Quality Education
kathimerini.gr
🌐 85% Global Worthiness
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European CEOs Warn of Lagging Competitiveness Under Trump's Second Term

At the Davos World Economic Forum, European CEOs express alarm that Europe risks lagging behind the US under Trump's second term, citing overregulation and a need for increased competitiveness to avoid becoming a mere "museum".

Progress

48% Bias Score

Decent Work and Economic Growth
europe.chinadaily.com.cn
🌐 85% Global Worthiness
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RCEP: Lowering Trade Costs Amidst Geopolitical Uncertainty

The Regional Comprehensive Economic Partnership (RCEP), effective January 1, 2022, is the world's largest free trade agreement, comprising 15 Asia-Pacific nations, significantly lowering trade costs by eliminating tariffs on over 90% of goods and reducing non-tariff barriers, despite criticisms of i...

Progress

36% Bias Score

Decent Work and Economic Growth
cnbc.com
🌐 85% Global Worthiness
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Trump Announces Major AI Investment Amidst Market Volatility

President Trump announced a $100 billion AI infrastructure investment with tech giants, the SEC launched a crypto task force, and markets surged on his delayed tariff actions, but concerns about future trade policies remain.

Progress

40% Bias Score

Decent Work and Economic Growth
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