Tag #Economy

smh.com.au
🌐 85% Global Worthiness
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Australia's Housing Shortage Defies Higher Interest Rates in 2024

In 2024, high Australian interest rates failed to curb property price increases due to extremely low housing supply, caused by strong population growth, smaller household sizes, and pandemic-related factors; however, Melbourne saw a price downturn due to increased housing supply.

Progress

44% Bias Score

Reduced Inequality
dw.com
🌐 85% Global Worthiness
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Trump Announces Across-the-Board Tariffs on Imports

President Trump announced plans to impose tariffs ranging from 10% to 20% on all imported goods to boost domestic production, potentially increasing prices for US consumers and sparking international trade disputes.

Progress

48% Bias Score

Decent Work and Economic Growth
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
theglobeandmail.com
🌐 85% Global Worthiness
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Trump Trades" Show Volatility After President's Executive Orders

President Trump's executive orders on energy, immigration, and trade caused significant volatility in related sectors on Tuesday, with oil and nuclear stocks rising while immigration detention center operators and some technology stocks fell; a new 'Trump' memecoin also launched.

Progress

48% Bias Score

Climate Action
theglobeandmail.com
🌐 85% Global Worthiness
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Trump to Announce $500 Billion Private Investment in AI Infrastructure

U.S. President Donald Trump is set to announce a private sector investment of up to $500 billion in AI infrastructure, led by OpenAI, SoftBank, and Oracle's joint venture, Stargate, at the White House on Tuesday at 4 p.m. EST, as confirmed by Press Secretary Karoline Leavitt.

Progress

60% Bias Score

Industry, Innovation, and Infrastructure
cnbc.com
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JMP Securities Initiates Roku with Outperform Rating, $95 Price Target

JMP Securities initiated coverage of Roku with a market outperform rating and a $95 price target, citing its leading U.S. streaming position, significant CTV ad spend shift, and multiple growth avenues.

Progress

44% Bias Score

Reduced Inequality
dw.com
🌐 85% Global Worthiness
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Von der Leyen Warns Against EU-US Trade War, Proposes New LNG Deal

EU Commission President Ursula von der Leyen warned US President Donald Trump against a trade war, highlighting €1.5 trillion in EU-US trade and the millions of jobs at stake on both sides; she proposed a new LNG deal and announced a plan to boost Europe's competitiveness through regulatory reforms ...

Progress

32% Bias Score

Decent Work and Economic Growth
repubblica.it
🌐 85% Global Worthiness
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Italy's High Energy Costs Threaten Industrial Competitiveness

Italian businesses are paying double the energy costs compared to other EU nations due to high gas import reliance and a pricing system based on the most expensive energy source; this is impacting competitiveness and employment.

Progress

40% Bias Score

Affordable and Clean Energy
cnbc.com
🌐 85% Global Worthiness
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Cautious Optimism Prevails in Stock Market Despite Recent Pullback

Cautious optimism prevails in the stock market despite a recent 5% pullback in the S&P 500, driven by strong economic data but tempered by concerns over rising Treasury yields and the Federal Reserve's stance; investor sentiment has shifted from bullish to cautiously bearish, with some viewing this ...

Progress

36% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
🌐 85% Global Worthiness
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Stellantis Chairman Meets Trump Amidst US Trade Policy Uncertainty

Stellantis Chairman John Elkann met with President Trump to discuss the impact of potential US tariffs on auto imports from Mexico and Canada, highlighting the auto industry's efforts to navigate new economic policies under the Trump administration, as Trump revoked an executive order focused on ele...

Progress

44% Bias Score

Decent Work and Economic Growth
zeit.de
🌐 85% Global Worthiness
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Volkswagen's $20 Billion North America Investment to Counter China Dependence

Volkswagen plans significant US expansion ($15 billion investment) to lessen China dependence, using range extenders in volume models to ease e-mobility transition, while aiming for lower tariffs despite Trump's trade policies.

Progress

56% Bias Score

Decent Work and Economic Growth