Tag #Economy

cincodias.elpais.com
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Trump's Memecoin Launch Sends Shockwaves Through Crypto Market

Former US President Donald Trump launched the $TRUMP memecoin on Friday, reaching a peak market cap of $72 billion before a sharp decline; his wife followed with $MELANIA, causing Solana's price to surge and raising concerns about market volatility and credibility.

Progress

56% Bias Score

Reduced Inequality
news.sky.com
🌐 85% Global Worthiness
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\$1 Trillion in Wealth at Trump's Inauguration Highlights Tech Elite's Influence

President Donald Trump's inauguration saw the gathering of over \$1 trillion in wealth from attendees including Elon Musk (\$433.9bn), Jeff Bezos (\$239.4bn), and Mark Zuckerberg (\$211.8bn), highlighting the significant influence of Silicon Valley's elite in US politics.

Progress

40% Bias Score

Reduced Inequality
spanish.china.org.cn
🌐 85% Global Worthiness
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Ultra-Rich Wealth Soars to \$2 Trillion in 2024 Amidst Unchanged Global Poverty

In 2024, the world's ultra-rich saw their collective wealth increase by \$2 trillion, a threefold rise from 2023, while global poverty remained largely unchanged since 1990, according to a report by a confederation of 20 NGOs that highlights the lasting effects of colonialism on wealth distribution.

Progress

48% Bias Score

Reduced Inequality
bbc.com
🌐 85% Global Worthiness
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Trump's Second Term: Domestic Focus, Global Economic Uncertainty

President Trump's second term begins with a focus on domestic policy, but his trade and energy policies will significantly impact global markets, potentially triggering trade wars, increasing inflation, and exacerbating climate change, with varying consequences for countries like Scotland.

Progress

36% Bias Score

Reduced Inequality
cnbc.com
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Europe Faces Innovation Lag, Warns Business Leaders

European business chiefs warn that Europe risks falling behind the U.S. and Asia in innovation due to excessive regulation, insufficient investment in AI, and President Trump's protectionist policies, urging the region to deregulate and boost competitiveness.

Progress

56% Bias Score

Industry, Innovation, and Infrastructure
spanish.china.org.cn
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China's Growing Global Presence Highlighted at Davos 2025

At the 2025 World Economic Forum in Davos, Switzerland, Chinese companies showcased their commitment to global markets, with prominent participation from firms in solar energy, AI healthcare, and other sectors; Vice Premier Ding Xuexiang's attendance and speech emphasized multilateralism and mutuall...

Progress

44% Bias Score

Partnerships for the Goals
kathimerini.gr
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Major Banks Abandon Climate Initiatives Amidst Political Uncertainty

Major banks, including JPMorgan, Citigroup, and Goldman Sachs, are abandoning climate initiatives, withdrawing billions from green funds and leaving alliances like the Net Zero Banking Alliance, due to concerns over political uncertainty and stringent regulations; the Federal Reserve also withdrew f...

Progress

48% Bias Score

Climate Action
theglobeandmail.com
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Trump's Tariff Delay Offers Temporary Relief to Canadian Energy Sector

President Trump's delayed tariff decision on Canadian energy imports provides temporary relief, but his focus on U.S. energy independence creates uncertainty for Canada, which supplied a record 60 percent of U.S. crude imports (4.3 million barrels daily) in 2023.

Progress

60% Bias Score

Responsible Consumption and Production
elpais.com
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Trump's Inauguration Speech: Nationalism, Protectionism, and Mass Deportations

In his inauguration speech, Donald Trump announced plans for mass deportations, border troop deployment, a reversal of green energy policies in favor of fossil fuels, and the imposition of unilateral tariffs, ignoring potential legal and international consequences.

Progress

60% Bias Score

Reduced Inequality
abcnews.go.com
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Mixed Global Market Reaction to Trump Inauguration

Global markets displayed mixed reactions to President Trump's inauguration; some indices rose slightly, while others remained unchanged, with the delay of tariff increases easing immediate investor concerns, although a broader reassessment of U.S. trade policy is planned.

Progress

44% Bias Score

Decent Work and Economic Growth
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
cincodias.elpais.com
🌐 85% Global Worthiness
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LVMH Overtakes Novo Nordisk as Europe's Most Valuable Company

LVMH has overtaken Novo Nordisk as Europe's most valuable company, with a market cap of €341 billion versus Novo Nordisk's €261 billion, due to strong performance in the luxury sector and concerns about Novo Nordisk's pricing in the US.

Progress

36% Bias Score

Reduced Inequality