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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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
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
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
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
smh.com.au
🌐 85% Global Worthiness
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Australian Market Rises on Tech Boom, Mining Concerns

The Australian sharemarket closed higher on Wednesday, with tech stocks surging 2.4% due to a new US$500 billion AI investment, while mining stocks fell on concerns over potential US tariffs on Chinese imports; the Australian dollar slightly decreased to US62.62¢.

Progress

52% Bias Score

Decent Work and Economic Growth
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
forbes.com
🌐 85% Global Worthiness
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Ten AI Applications Reshaping Small Business Success

This article details ten AI applications revolutionizing small business success, citing real-world examples like Green Accountant using GPT-4 for administration, Coffee Run boosting engagement with Jasper AI, and The Little Market using QuickBooks' AI for financial management.

Progress

60% Bias Score

Decent Work and Economic Growth
forbes.com
🌐 85% Global Worthiness
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Trump Memo Orders Review of Unfair Foreign Trade Practices

President Trump's January 20 Memorandum on America First Trade Policy directs executive agencies to report by April 1 on actions to counter unfair foreign trade practices, focusing on using Anticompetitive Market Distortions analysis for effective remedies and potentially forming international coali...

Progress

44% 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
theglobeandmail.com
🌐 85% Global Worthiness
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Trump's Trade Focus: Challenges and Opportunities for Canada

President Trump's second term begins with an executive order to investigate America's trade deficits, potentially using tariffs, creating challenges and opportunities for Canada which ran a US$41-billion trade surplus with the U.S. in 2023, but this surplus largely disappears if energy exports are e...

Progress

44% Bias Score

Decent Work and Economic Growth
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