Tag #Economy

dailymail.co.uk
🌐 85% Global Worthiness
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UK Government Intervention Limits Car Finance Mis-selling Payouts, Boosting Lender Shares

The UK Treasury is seeking to limit compensation payouts in a multi-billion pound car finance mis-selling case, causing shares in affected lenders to rise sharply, despite the potential for industry disruption.

Progress

48% Bias Score

Reduced Inequality
dailymail.co.uk
🌐 85% Global Worthiness
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Activist Investor Challenges Board of £1.4 Billion Herald Investment Trust

Boaz Weinstein's Saba Capital is challenging the board of the £1.4 billion Herald Investment Trust, highlighting concerns about corporate governance and shareholder engagement in the UK investment trust sector; similar past events with Alliance Trust, Electra, and Foreign & Colonial demonstrate a re...

Progress

56% Bias Score

Reduced Inequality
china.org.cn
🌐 85% Global Worthiness
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China Unveils Plan to Strengthen NEV Sector Through Technological Advancements and Infrastructure Development

China plans to bolster its new energy vehicle (NEV) sector by prioritizing new system battery technology and expanding battery-swapping infrastructure, leveraging its current manufacturing dominance and extensive charging network to maintain its global leadership in the NEV market.

Progress

32% Bias Score

Decent Work and Economic Growth
corriere.it
🌐 85% Global Worthiness
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Italy Faces Billions in Liabilities from Failing Public Companies

Thousands of Italian public companies are in liquidation or facing insolvency, leaving millions in unpaid debts; the government faces potential massive liabilities from European Court of Human Rights rulings.

Progress

56% 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
africa.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, risking higher inflation and slower US growth, while China aims for a 5% GDP growth in 2025 through domestic market revitalization.

Progress

40% Bias Score

Reduced Inequality
politico.eu
🌐 85% Global Worthiness
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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

Reduced Inequality
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
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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China Unveils Targeted Measures to Boost NEV Sector Growth

China's Ministry of Industry and Information Technology announced targeted measures to boost its new energy vehicle (NEV) sector, focusing on technological advancements in new system batteries and infrastructure development, as part of broader efforts to stabilize key industries and drive economic g...

Progress

40% Bias Score

Industry, Innovation, and Infrastructure
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
theglobeandmail.com
🌐 85% Global Worthiness
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Smithfield Foods Targets $10.73 Billion Valuation in Landmark IPO

Smithfield Foods, the largest U.S. pork processor, is targeting a $10.73 billion valuation in its New York IPO, its largest since 2021, raising up to $939.6 million by offering 17.4 million shares priced between $23 and $27; the company plans to reduce pig production by 21% in 2024 compared to this ...

Progress

40% Bias Score

Decent Work and Economic Growth