Tag #Economy

chinadaily.com.cn
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China Urges Global Cooperation for Inclusive Growth at Davos

In a Davos speech, Chinese Vice-Premier Ding Xuexiang advocated for multilateralism and inclusive growth, emphasizing China's commitment to green transition and economic opening while urging global cooperation on key challenges like climate change and digital connectivity. He met with several world ...

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40% Bias Score

Reduced Inequality
dailymail.co.uk
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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.

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48% Bias Score

Reduced Inequality
pt.euronews.com
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Lagarde Warns Europe to Prepare for Potential US Trade Policy Shifts

ECB President Christine Lagarde urged Europe to prepare for potential US trade policy shifts, highlighting the Eurozone's significant trade surplus with the US and the need for internal reforms to enhance competitiveness amid global uncertainty.

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28% Bias Score

Decent Work and Economic Growth
it.euronews.com
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European Auto Industry Faces 2024 Challenges Amidst EV Transition

The European automotive industry anticipates a difficult 2024 despite rising EV sales, facing challenges from reduced government subsidies, stringent CO2 emission targets, and increased tariffs on Chinese EV imports, impacting profitability and R&D investment.

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40% Bias Score

Climate Action
pt.euronews.com
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Europe Faces Economic Crisis: Executives Call for Urgent Action

During a roundtable discussion, European executives warned of an impending economic crisis, advocating for regulatory reform, increased investment, and greater collaboration to enhance Europe's competitiveness and counterbalance the growing US economy under Trump.

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44% Bias Score

Decent Work and Economic Growth
faz.net
🌐 85% Global Worthiness
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Resource Revenue and Military Success: A Study on Conflict Outcomes

A Kiel Institute study shows a 32% increase in winning chances in conflicts if military spending rises by 10% of GDP; Russia's recovered oil and gas revenue (€107 billion in 2024) boosted its military, highlighting the need for continued Western aid to Ukraine, which is debated within the German gov...

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36% Bias Score

Peace, Justice, and Strong Institutions
chinadaily.com.cn
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RCEP: Lowering Trade Costs Amidst Global Uncertainty

The Regional Comprehensive Economic Partnership (RCEP), encompassing 15 Asia-Pacific nations, entered its third year on January 1, 2022, significantly reducing trade costs by eliminating tariffs on over 90% of traded goods and lowering non-tariff barriers, despite global trade cost increases due to ...

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40% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
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Ford Urges Dollar-for-Dollar Retaliation Against Potential U.S. Tariffs

Ontario Premier Doug Ford supports matching any U.S. tariffs dollar-for-dollar and removing internal trade barriers to bolster Canada's economy, while Alberta Premier Danielle Smith prefers a diplomatic response, creating divisions among Canadian leaders.

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60% Bias Score

Decent Work and Economic Growth
cnbc.com
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BOJ Poised for Rate Hike Amid Inflation and Yen Weakness

The Bank of Japan is expected to raise its benchmark interest rate by 0.25% this week to 0.5%, the highest since 2008, driven by sustained inflation, yen weakness, and a shift in the BOJ's public statements. Eighteen of nineteen economists polled by CNBC predict the hike, despite risks from weak hou...

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40% Bias Score

Decent Work and Economic Growth
liberation.fr
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Record High French Savings in 2024: €16.8 Billion in Interest Payments

In 2024, French Livret A and LDDS accounts saw record interest payments of €16.8 billion due to net deposits of €21.42 billion, exceeding withdrawals, and reaching a total balance of €603.1 billion by December 31st, 2024. The 3% interest rate, coupled with economic uncertainty, fueled this increase.

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36% Bias Score

Reduced Inequality
us.cnn.com
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Trump Seeks to Eliminate Federal and State Support for Electric Vehicles

President Trump issued an executive order on his first day in office aiming to eliminate federal and state support for electric vehicles, including a \$7,500 tax credit, but faces legal hurdles and potential congressional opposition, while automakers remain committed to EV production despite the cha...

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28% Bias Score

Climate Action
cnn.com
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Trump Orders Housing Cost Relief Amidst Tariffs and Interest Rate Hikes

President Trump issued an executive order aiming to lower housing costs by reducing regulations, but this faces challenges from tariffs on Canadian lumber, potential labor shortages due to deportations, and the impact of rising interest rates.

Progress

48% Bias Score

No Poverty