Tag #Economy

theglobeandmail.com
🌐 85% Global Worthiness
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Trump's Tariffs: Canada's Response and Potential Economic Adaptation

Facing President Trump's threatened tariffs, Canada has responded with denial, accommodation, education, and retaliation, preparing for potential economic adaptation if free trade ends; this could reverse decades of economic integration.

Progress

56% Bias Score

Decent Work and Economic Growth
spanish.china.org.cn
🌐 85% Global Worthiness
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China's Spring Festival Travel Rush Exceeds 1 Billion Trips, Fueling Consumption

China's 2024 Spring Festival travel rush (chunyun) has surpassed 1 billion passenger trips by January 22nd, driven by road travel (nearly 80%), with rail travel exceeding 12 million trips daily and over 214 million tickets sold via the official app; this unprecedented migration, expected to reach 2 ...

Progress

28% Bias Score

Reduced Inequality
lemonde.fr
🌐 85% Global Worthiness
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Record Gas Consumption in 2024: Fragile Market Amidst Geopolitical Tensions

Global natural gas consumption hit a record high in 2024, up 115 billion cubic meters from 2023, driven by strong Asian demand; however, the market remains fragile due to limited supply and geopolitical tensions, particularly concerning the halt of Russian gas transit through Ukraine.

Progress

32% Bias Score

Climate Action
chinadaily.com.cn
🌐 85% Global Worthiness
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Indonesia Leverages China Ties, South-South Cooperation Amidst Trump's Return

Indonesia faces economic uncertainty from Trump's return but seeks to leverage stronger ties with China, exemplified by $139.26 billion in bilateral trade in 2023 and over $7 billion in Chinese investment, and expand South-South partnerships to mitigate risks and boost its global influence.

Progress

48% Bias Score

Reduced Inequality
lefigaro.fr
🌐 85% Global Worthiness
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France Considers Taxing Wealthy Retirees to Fund Social Security

France's Minister of Labor proposed taxing retirees with pensions exceeding €2000-2500 per month to fund social security, potentially affecting 40% of retirees and generating €500-800 million annually, complementing a potential increase in weekly work hours to address a €2.5 billion funding gap.

Progress

48% Bias Score

Reduced Inequality
forbes.com
🌐 85% Global Worthiness
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WGU's Competency-Based Model Reshapes Higher Education

Western Governors University (WGU), founded in 1997 by 19 U.S. governors, is now the nation's largest university, enrolling over 180,000 students and having nearly 350,000 alumni, offering over 80 degree programs based on a competency-based education (CBE) model that prioritizes real-world applicati...

Progress

48% Bias Score

Quality Education
dw.com
🌐 85% Global Worthiness
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Davos Protest Highlights Youth Demand for Inclusion in WEF

A small but vocal protest of a few hundred young people against the World Economic Forum (WEF) took place in Davos, Switzerland, highlighting youth dissatisfaction with the perceived lack of inclusivity and focus on the wealthy, while some young leaders are participating in WEF discussions to influe...

Progress

36% Bias Score

Reduced Inequality
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
repubblica.it
🌐 85% Global Worthiness
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Qomodo Secures €48 Million in Funding, Showcases 500% Growth

Italian fintech startup Qomodo, specializing in "buy now, pay later" solutions for emergency expenses, secured €48 million in funding, achieving a 500% customer growth in one year, now supporting 2,500 merchants.

Progress

44% Bias Score

Reduced Inequality
elmundo.es
🌐 85% Global Worthiness
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Botín Warns EU Risks Becoming 'Museum' Due to US Economic Competitiveness

At the World Economic Forum, Santander chairwoman Ana Botín urged the EU to pause regulation, empower the private sector, and prioritize faster growth to avoid becoming economically uncompetitive compared to the U.S., emphasizing a potential 3 trillion dollar difference in global GDP growth based on...

Progress

56% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
🌐 85% Global Worthiness
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Volkswagen Warns of Tariff Impact on US Consumers

Volkswagen voiced concern over potential 25% US tariffs on Mexican goods, impacting its major Puebla plant (producing ~350,000 cars annually for US export) and potentially harming American consumers; the company is investing over $10 billion in US facilities.

Progress

40% Bias Score

Decent Work and Economic Growth
french.china.org.cn
🌐 85% Global Worthiness
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China Prioritizes Yellow River Basin Development in 2025 Plans

Xi Jinping presided over a Politburo meeting reviewing work reports from key Chinese state institutions and approving their 2025 plans, prioritizing ecological protection and high-quality development in the Yellow River basin, emphasizing actions to improve water conservation, soil retention, and we...

Progress

44% Bias Score

Clean Water and Sanitation