Tag #Economy

cnbc.com
🌐 85% Global Worthiness
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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
themoscowtimes.com
🌐 85% Global Worthiness
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Russia's 2024 Harvest Shortfall: Export Restrictions and Domestic Price Pressures

Russia's 2024 agricultural harvest fell 14% short of 2023's record, reaching 125 million tons due to poor weather, sanctions-hampered supply chains, and labor shortages; the government responded with export restrictions to stabilize domestic food prices, but this negatively impacts producers' profit...

Progress

36% Bias Score

Zero Hunger
forbes.com
🌐 85% Global Worthiness
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Gold Soars 27.2% in 2024 as Safe Haven Demand Surges

Gold's 27.2% surge in 2024, its best performance in over a decade, contrasted sharply with declines in industrial and agricultural commodities; this was fueled by central bank purchases, inflation, and a weak manufacturing sector.

Progress

40% Bias Score

Affordable and Clean Energy
spanish.china.org.cn
🌐 85% Global Worthiness
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China's booming imported fruit market: Kiwifruit sales surge 40%

Driven by rising consumer demand for high-quality fruit, China's imported fruit market experienced substantial growth in 2024, with sales of New Zealand kiwifruit surging 40% and Chilean cherries exceeding $2.8 billion, reflecting a broader trend towards premium fruit options and strategic partnersh...

Progress

52% Bias Score

Responsible Consumption and Production
forbes.com
🌐 85% Global Worthiness
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Domo Report: Shifts in Internet Activity in 2024

Domo's "Data Never Sleeps 12.0" report shows a 6% decrease in Google searches (5.9 million/minute), increases in emails (251.1 million/minute) and texts (18.8 million/minute), and a massive 43 years of video content watched per minute, highlighting shifts in internet usage.

Progress

44% Bias Score

Reduced Inequality
forbes.com
🌐 85% Global Worthiness
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Trump Ends Remote Work for Federal Employees

President Trump issued an executive order ending remote work for all federal employees, impacting approximately 228,000 fully remote workers (10% of the total workforce), as part of a broader plan by the Department of Government Efficiency to reduce the federal workforce through attrition.

Progress

60% Bias Score

Decent Work and Economic Growth
forbes.com
🌐 85% Global Worthiness
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Mixed Asian Equities: Hong Kong Growth Stocks Surge on Improved US-China Relations

Overnight, Asian equities showed mixed performance; Hong Kong growth stocks surged after a positive US-China phone call and subsequent meetings, while India underperformed; the Renminbi appreciated against the US dollar, suggesting improved sentiment.

Progress

48% Bias Score

Reduced Inequality
kathimerini.gr
🌐 85% Global Worthiness
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Biden's Economic Legacy: Record Job Growth Amidst High Debt and Inflation

President Biden's economic legacy includes record job growth and substantial infrastructure investments, but also a soaring national debt and persistently high inflation, leaving a mixed economic record.

Progress

36% Bias Score

Decent Work and Economic Growth
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
abcnews.go.com
🌐 85% Global Worthiness
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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
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
usa.chinadaily.com.cn
🌐 85% Global Worthiness
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Extended Spring Festival Holiday Fuels Surge in China's Domestic Tourism

China's eight-day Spring Festival holiday (Jan 28-Feb 4), extended by one day, is expected to significantly boost domestic tourism and cultural experiences, with over 80 percent of travelers including family and a 6.7 percent increase in retail sales in dining and travel during the first three quart...

Progress

48% Bias Score

Sustainable Cities and Communities