Tag #Economy

cnn.com
🌐 85% Global Worthiness
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Trump's Executive Order Challenges Federal and State EV Support

President Trump issued an executive order on his first day in office aiming to eliminate federal and state support for electric vehicles, including a \$7,500 tax credit, potentially sparking legal challenges and impacting the US auto industry's competitiveness with China.

Progress

32% Bias Score

Climate Action
dailymail.co.uk
🌐 85% Global Worthiness
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Wall Street Activist Challenges Veteran Stock Picker in London Investment Trust Power Struggle

Boaz Weinstein's Saba Capital is attempting to seize control of seven London-listed investment trusts, including Herald Investment Trust, led by Katie Potts, in a vote today that could reshape the industry.

Progress

52% Bias Score

Decent Work and Economic Growth
pt.euronews.com
🌐 85% Global Worthiness
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Europe Faces Economic Crisis: Executives Call for Urgent Action

During a roundtable discussion, European executives warned of an impending economic crisis, advocating for regulatory reform, increased investment, and greater collaboration to enhance Europe's competitiveness and counterbalance the growing US economy under Trump.

Progress

44% Bias Score

Decent Work and Economic Growth
faz.net
🌐 85% Global Worthiness
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Trump's $500 Billion AI Investment Spurs Global Market Surge

US President Trump announced a $500 billion investment in AI infrastructure, led by tech companies including OpenAI and Oracle, creating a joint venture called Stargate; this announcement caused significant stock market gains in Asia and the US.

Progress

36% Bias Score

Decent Work and Economic Growth
cnn.com
🌐 85% Global Worthiness
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Trump Orders Housing Cost Relief Amidst Tariffs and Interest Rate Hikes

President Trump issued an executive order aiming to lower housing costs by reducing regulations, but this faces challenges from tariffs on Canadian lumber, potential labor shortages due to deportations, and the impact of rising interest rates.

Progress

48% Bias Score

No Poverty
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
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
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
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
us.cnn.com
🌐 85% Global Worthiness
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Trump Seeks to Eliminate Federal and State Support for Electric Vehicles

President Trump issued an executive order on his first day in office aiming to eliminate federal and state support for electric vehicles, including a \$7,500 tax credit, but faces legal hurdles and potential congressional opposition, while automakers remain committed to EV production despite the cha...

Progress

28% Bias Score

Climate Action
cnbc.com
🌐 85% Global Worthiness
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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

Decent Work and Economic Growth