Tag #Economy

africa.chinadaily.com.cn
🌐 85% Global Worthiness
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Global Tourism Recovers to Pre-Pandemic Levels in 2024

In 2024, international tourist arrivals reached 1.4 billion, an 11 percent increase and nearly a full recovery from the pandemic, generating $1.60 trillion in revenue; the Asia-Pacific region saw the largest increase, while the Middle East saw the largest increase compared to pre-pandemic levels.

Progress

32% Bias Score

Decent Work and Economic Growth
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
it.euronews.com
🌐 85% Global Worthiness
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Global Trade War Looms Amidst EU-China Electric Vehicle Dispute

The EU's tariffs on Chinese electric vehicles, and subsequent Chinese retaliation, threaten a global trade war, potentially disrupting supply chains and raising prices like during the pandemic; tensions with the US under Trump further complicate the situation.

Progress

36% Bias Score

Decent Work and Economic Growth
forbes.com
🌐 85% Global Worthiness
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Gen Z Demands Data-Driven ESG Accountability

Gen Z investors are demanding transparency and accountability from companies regarding their ESG initiatives; a KPMG survey indicates 75% of sustainability sector companies are unprepared for ESG data assurance, while McKinsey research shows Gen Z is de-emphasizing sustainability in purchasing decis...

Progress

52% Bias Score

Climate Action
cnbc.com
🌐 85% Global Worthiness
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Trump's Tariff Threat Shakes Up US-Canada-Mexico Trade

President Trump's administration threatens 25% tariffs on Canadian and Mexican goods starting February 1st, impacting various sectors, including the chemical industry, which saw over $53 billion in bilateral trade in 2023 between the U.S. and Canada alone, potentially causing inflation and supply ch...

Progress

48% Bias Score

Decent Work and Economic Growth
faz.net
🌐 85% Global Worthiness
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German Fuel Prices Rise for Sixth Consecutive Week

According to ADAC's weekly survey of over 14,000 gas stations, German gas prices increased for the sixth straight week due to higher crude oil prices, influenced by geopolitical factors and a recent CO2 price increase.

Progress

32% Bias Score

Affordable and Clean Energy
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
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
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
politico.eu
🌐 85% Global Worthiness
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Davos 2024: Eleven Tribes of Influence

The 2024 World Economic Forum in Davos, Switzerland, categorized attendees into eleven groups based on their status, access, and influence, ranging from the elite '1 percent of the 1-percenters' with exclusive privileges to the press with limited access, reflecting power dynamics and economic inequa...

Progress

64% 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
sueddeutsche.de
🌐 85% Global Worthiness
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Germany's Power Grid Expansion: Public vs. Private Funding

Germany plans a 14,000-kilometer power grid expansion, primarily to transport wind energy; funding it through increased network fees would double them to 7.5 cents/kWh; a state-backed model is proposed as a more cost-effective alternative.

Progress

56% Bias Score

Affordable and Clean Energy