Tag #Economy

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
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
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
dailymail.co.uk
🌐 85% Global Worthiness
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UK Borrowing Surges to Four-Year High, Raising Fiscal Concerns

The UK government's December borrowing hit a four-year high of £17.8 billion, exceeding expectations and raising concerns about the Chancellor's fiscal rules amid increased debt interest and spending.

Progress

48% Bias Score

Reduced Inequality
forbes.com
🌐 85% Global Worthiness
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Lenovo Acquires Infinidat to Expand into High-End Enterprise Storage

Lenovo is acquiring Infinidat, a high-end enterprise storage provider specializing in cyber-resilient, AI-driven solutions, to expand its market reach and compete more effectively against established players like Dell, IBM, and NetApp; the acquisition is expected to close in the second half of 2025.

Progress

40% Bias Score

Industry, Innovation, and Infrastructure
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
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
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
apnews.com
🌐 85% Global Worthiness
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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

Reduced Inequality
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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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

Decent Work and Economic Growth
theglobeandmail.com
🌐 85% Global Worthiness
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Netflix's Record Subscriber Growth Fuels Price Hikes and Stock Surge

Netflix added a record 18.9 million subscribers in Q4 2024, exceeding expectations due to live sports and "Squid Game," prompting price increases across various plans in the US, Canada, Portugal, and Argentina and resulting in a 13 percent stock surge.

Progress

12% Bias Score

Reduced Inequality