Tag #Economy

smh.com.au
🌐 90% Global Worthiness
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Trump Delays, Then Announces Tariffs, Causing Currency Fluctuations

President Trump initially delayed implementing new tariffs, delegating investigations to federal agencies; however, he later announced 25% tariffs on goods from Mexico and Canada by February 1, causing shifts in currency values. This reflects internal policy debates and contradicts traditional econo...

Progress

52% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
🌐 90% Global Worthiness
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Trump's Tariff Threat Looms Over Canadian Economy

President Trump announced potential 25% tariffs on Canadian and Mexican goods starting February 1st, reversing an earlier decision not to impose tariffs, creating economic uncertainty for Canada and highlighting the risks of protectionist trade policies under his administration.

Progress

52% Bias Score

Decent Work and Economic Growth
cnbc.com
🌐 90% Global Worthiness
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Goldman Sachs Deploys Generative AI Assistant to 10,000 Employees

Goldman Sachs rolled out its generative AI assistant, GS AI, to approximately 10,000 employees, aiming for company-wide access this year; the program uses models from OpenAI, Google, and Meta, initially assisting with tasks like email summarization and code translation, with future plans for more au...

Progress

44% Bias Score

Decent Work and Economic Growth
es.euronews.com
🌐 85% Global Worthiness
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Bitcoin Hits Record High Amidst Trump's Crypto-Friendly Policies

Bitcoin hit a record high of over $109,900 on Monday as President-elect Trump's meme coin, $Trump, generated over $10 billion in two days, reflecting market optimism towards his pro-cryptocurrency policies.

Progress

68% Bias Score

Reduced Inequality
elmundo.es
🌐 85% Global Worthiness
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BMW Group Spain Sets Sales Records in 2024

In 2024, BMW Group Spain achieved record sales, with BMW brand sales up 29.4% to 45,184 units, exceeding market growth fourfold, while Mini sales decreased by 10.1% due to model range renewal, and BMW Motorrad sales increased by 3.6% to 13,143 units.

Progress

44% Bias Score

Responsible Consumption and Production
dw.com
🌐 85% Global Worthiness
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Trump's Inaugural Address: National Emergency, Tariffs, and Policy Reversals

In his inaugural address, President Donald Trump announced a "national energy emergency," the revocation of electric vehicle mandates, the imposition of tariffs on foreign countries, and a return to a two-gender policy, all while criticizing the Biden administration's handling of domestic and foreig...

Progress

76% Bias Score

No Poverty
theguardian.com
🌐 90% Global Worthiness
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Trump Launches Cryptocurrency Amid Conflict-of-Interest Accusations

Days after his inauguration, President Trump launched a multibillion-dollar cryptocurrency, $TRUMP, alongside his wife's $MELANIA coin, prompting accusations of a "shameful" conflict of interest from former ethics officials due to his planned deregulation of the digital currency market.

Progress

60% Bias Score

Reduced Inequality
cnbc.com
🌐 90% Global Worthiness
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Trump Issues Sweeping Executive Orders on First Day

President Trump's first day in office saw a flurry of executive orders, including pardons for those involved in the January 6th Capitol attack, a temporary halt to a TikTok ban, and the creation of a new government efficiency department; he declared a national energy emergency and withdrew from the ...

Progress

44% Bias Score

Climate Action
edition.cnn.com
🌐 85% Global Worthiness
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Trump's Policies Create Uncertainty for the Federal Reserve

President-elect Trump's potential policies, including mass deportations and tariffs, pose a significant challenge to the Federal Reserve's ability to accurately forecast economic indicators and set appropriate monetary policy due to heightened uncertainty, forcing the Fed to choose between immediate...

Progress

48% Bias Score

Decent Work and Economic Growth
es.euronews.com
🌐 85% Global Worthiness
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Billionaire Wealth Surges to $15 Trillion, Exceeding Eurozone GDP

In 2024, the wealth of billionaires globally reached $15 trillion, equivalent to the eurozone's GDP, increasing by $2 trillion—three times faster than the previous year—while global poverty remained largely unchanged since 1990, prompting Oxfam to call for wealth taxes and regulatory changes.

Progress

56% Bias Score

Reduced Inequality
dailymail.co.uk
🌐 85% Global Worthiness
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Mone PPE Scandal: Criminal Investigation Launched

Baroness Michelle Mone and her husband face a criminal investigation over a £200 million PPE deal awarded during the COVID-19 pandemic, with allegations of using political connections and misleading the public to secure contracts for PPE MedPro, a company linked to her husband who stood to gain £60 ...

Progress

60% Bias Score

Reduced Inequality
lefigaro.fr
🌐 85% Global Worthiness
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US Economic Dominance: Robust Growth Amidst Rising Debt and Trade Deficit

In 2024, the US economy, representing 26% of global GDP, showed 3.1% growth, exceeding the Eurozone's 0.8% and marked by low unemployment (4.1%) but high trade deficit ($84.4 billion in September) and rising national debt, prompting concerns in Europe about US economic dominance and potential trade ...

Progress

40% Bias Score

Decent Work and Economic Growth