Tag #Economy

africa.chinadaily.com.cn
🌐 75% Global Worthiness
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Academic Collaboration Should Remain Despite Supply Chain Decoupling: Expert

John Quelch, executive vice-chancellor of Duke Kunshan University, argues against extending supply chain decoupling to educational collaborations, emphasizing the importance of cross-border academic exchanges for global prosperity, citing his university's international student body and China's initi...

Progress

36% Bias Score

Quality Education
usa.chinadaily.com.cn
🌐 75% Global Worthiness
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Xinjiang Tunnel Construction Progressing Despite Challenges

The 15.7-kilometer West Tianshan Super-Long Tunnel in Xinjiang, China, is under construction to connect northern and southern Xinjiang by late October 2027, reducing travel time between Yili and Aksu from 1,710 km to less than 500 km, despite facing geological and environmental challenges.

Progress

48% Bias Score

Industry, Innovation, and Infrastructure
africa.chinadaily.com.cn
🌐 75% Global Worthiness
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Xizang's Economy Booms in 2024: GDP Up 6.3%, Foreign Trade Soars

Xizang's 2024 GDP reached $37.96 billion (a 6.3 percent increase), with per capita disposable income at $4,296 and foreign trade surging 15.4 percent to $1.74 billion, driven by infrastructure improvements and supportive government policies.

Progress

52% Bias Score

No Poverty
smh.com.au
🌐 75% Global Worthiness
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Australia's Housing Market Shifts from Seller's to Buyer's Market

Increased residential listings in Australia, particularly in Sydney and Melbourne (up 50 percent in some areas), coupled with a December 2024 drop in national property values, signal a shift from a seller's to a buyer's market, driven by high interest rates, cost-of-living pressures, and sellers ant...

Progress

40% Bias Score

Reduced Inequality
usa.chinadaily.com.cn
🌐 75% Global Worthiness
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Xizang's Economy Booms in 2024, Driven by Trade and Infrastructure Growth

Xizang's 2024 GDP reached $37.96 billion, a 6.3 percent increase year-on-year, driven by a 15.4 percent surge in foreign trade to $1.7 billion and an 8.2 percent rise in per capita disposable income to $4,296, showcasing the region's growing economic importance in China's South Asia strategy.

Progress

44% Bias Score

No Poverty
elmundo.es
🌐 75% Global Worthiness
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Record Grocery Spending in Spain Reaches "122 Billion Euros" in 2024

Spanish consumers spent a record "122 billion euros" on groceries in 2024, a 4.6% increase driven by higher input prices (up 2.5%), increased demand (up 2%), and a booming online grocery sector (up 18%).

Progress

36% Bias Score

Zero Hunger
bbc.com
🌐 75% Global Worthiness
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UK to revoke driving licenses from benefit fraudsters

The UK government proposes to strip convicted benefit cheats of their driving licenses for debts over £1,000 and gain greater access to bank account data to combat fraud, potentially saving £1.6bn over five years, but raising privacy concerns.

Progress

44% Bias Score

Reduced Inequality
lemonde.fr
🌐 75% Global Worthiness
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France Lowers Proposed Air Travel Tax Amid Environmental Concerns

France's new government is considering a lower tax on air travel, reducing expected revenue from €850 million to €750 million, causing concern among environmental groups who fear reduced funding for emission reduction initiatives. This follows a previous government's failed attempt to implement a hi...

Progress

40% Bias Score

Climate Action
bbc.com
🌐 75% Global Worthiness
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Netflix Raises Prices After Record Subscriber Growth

Netflix raised prices in several countries after exceeding subscriber growth expectations by nearly 19 million in Q4 2024, reaching over 300 million subscribers, driven by content such as "Squid Game" season 2 and live sports; the company will now report paid memberships at key milestones.

Progress

44% Bias Score

Reduced Inequality
elmundo.es
🌐 75% Global Worthiness
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Power Struggle Erupts in Spain's Business Leadership

Antonio Garamendi, CEOE president, wants Gerardo Cuerva out as Cepyme president, offering him a less prominent position within CEOE; Cuerva will run for reelection, creating a conflict that will reshape power dynamics in Spain's business sector.

Progress

40% Bias Score

Decent Work and Economic Growth
nos.nl
🌐 75% Global Worthiness
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Netherlands Launches Legal Cannabis Production Trial in Groningen

Starting April 7th, legal cannabis cultivation begins in the Netherlands with two Groningen facilities, Q-Farms (€30 million investment) and Holigram (€20 million investment), projected to produce 8,000 kg of weed and 1,000 kg of hash annually in a four-year trial to assess legal production feasibil...

Progress

40% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
🌐 75% Global Worthiness
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Canada's Broadcasting Rules Spark U.S. Trade Retaliation Fears

U.S. business groups warn Canada's updated broadcasting rules under the Online Streaming Act could trigger U.S. trade retaliation, potentially harming Canadian creative industries and violating the CUSMA trade deal. The CRTC is considering changes to Canadian content definitions, while facing opposi...

Progress

48% Bias Score

Decent Work and Economic Growth