Tag #Economy

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
theglobeandmail.com
🌐 85% Global Worthiness
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Unpassed Tax Changes Create Uncertainty for Canadian Asset Managers

Canadian asset managers face uncertainty in filing 2024 tax returns for investment funds due to unpassed federal capital gains tax changes proposed in the 2024 budget, potentially requiring re-filing and amended tax slips if the changes don't pass.

Progress

52% Bias Score

Reduced Inequality
cnbc.com
🌐 85% Global Worthiness
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Davos CEOs Debate AI's Transformative Potential and Job Displacement Risks

At the 2024 World Economic Forum in Davos, CEOs from Mubadala, Edelman, Randstad, Mistral, and Lloyds Banking Group, along with economist Larry Summers, discussed AI's transformative potential, highlighting both immense opportunities and significant job displacement risks, emphasizing the need for g...

Progress

48% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
🌐 85% Global Worthiness
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Corporate Alliances Drive Sustainable Fuel Market

Major global brands are joining forces to fund sustainable fuels for shipping and aviation through initiatives like SABA and ZEMBA, aiming to reduce emissions and meet 2030 targets; however, consistent government policies are crucial for widespread adoption.

Progress

36% Bias Score

Climate Action
french.china.org.cn
🌐 85% Global Worthiness
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US Tariffs on China: Inflationary Risks and China's Response

Economists predict that the US's planned massive tariffs on Chinese goods will increase inflation and slow US economic growth, while China plans measured policy responses to boost domestic demand and maintain its 5% GDP growth target in 2025.

Progress

48% 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
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
cnbc.com
🌐 85% Global Worthiness
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European CEOs Demand Regulatory Overhaul to Match US Competitiveness

European CEOs are urging the EU to significantly reduce regulations to boost competitiveness, mirroring U.S. deregulation efforts under President Trump; concerns include relocation of businesses, stifled innovation, and lagging economic growth.

Progress

60% Bias Score

Decent Work and Economic Growth
dw.com
🌐 85% Global Worthiness
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Undefined Borders Expose Refugees, Greece Aims for Gallium Monopoly

Unresolved border disputes between Greece and Turkey leave refugees vulnerable, as highlighted by a new Forensis map, while Greece plans to become the EU's sole gallium supplier by 2028.

Progress

24% Bias Score

Peace, Justice, and Strong Institutions
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
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
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