Tag #Economy

usa.chinadaily.com.cn
🌐 85% Global Worthiness
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China's SOE Reforms: A Multifaceted Approach to Modernization

China's State-Owned Enterprises (SOEs) are undergoing significant reforms to boost their role in national modernization, focusing on technological innovation, industrial system development, national security, regional collaboration, global engagement, and green transformation.

Progress

52% Bias Score

Decent Work and Economic Growth
elmundo.es
🌐 85% Global Worthiness
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Trump's Election: Market Optimism vs. Economic Forecasts

The election of Donald Trump as US President has fueled optimism on Wall Street, despite economic models predicting a 9.7% GDP drop and 9.3% inflation due to his proposed deregulation, tariffs, and immigration policies; the strong dollar also creates challenges.

Progress

56% Bias Score

Reduced Inequality
elpais.com
🌐 85% Global Worthiness
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Ultra-Processed Food Regulation Fails: Systemic Change Needed

A study of 417 measures from 105 countries reveals that current regulations, focusing primarily on consumer behavior, have failed to curb the rise of ultra-processed foods, which comprise 70% of the average American diet and are linked to serious health problems; the authors call for systemic change...

Progress

44% Bias Score

Zero Hunger
dw.com
🌐 85% Global Worthiness
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Seized Funds from Corruption Case to Electrify Rural Nigeria

The United States is returning almost $53 million seized from Diezani Alison-Madueke, a former Nigerian oil minister accused of corruption, to Nigeria; the funds will be used to electrify rural areas, where only 26% of the population has access to power.

Progress

48% Bias Score

Reduced Inequality
cnn.com
🌐 85% Global Worthiness
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Five Trillionaires Predicted by 2034: Oxfam Highlights Extreme Wealth Inequality

Oxfam's new report reveals that five individuals are projected to become trillionaires in the next decade, highlighting extreme wealth concentration amid persistent global poverty, exacerbated by inheritance and political influence.

Progress

64% Bias Score

Reduced Inequality
dailymail.co.uk
🌐 85% Global Worthiness
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High Street Shops Used as Fronts for Money Laundering and Modern Slavery

Organized crime is using High Street shops as fronts for money laundering and modern slavery, exploiting a rise in cash-only businesses and a lack of public awareness; police busted a Cardiff gang laundering over £1.5 million, while a Camden raid uncovered £5 million in counterfeit goods linked to m...

Progress

40% Bias Score

Reduced Inequality
elmundo.es
🌐 85% Global Worthiness
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EU Automakers Seek Carbon Credits Amid Emission Reduction Challenges

Facing EU CO2 emission reduction mandates (93.6 g/km by 2025), automakers like Stellantis are exploring carbon credit trading with Tesla to avoid €15 billion in potential fines, highlighting the industry's struggle to transition to electric vehicles amid economic and geopolitical pressures.

Progress

56% Bias Score

Climate Action
elmundo.es
🌐 85% Global Worthiness
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CNMC: Iberdrola Exceeded Madrid Grid Capacity for Data Centers

Iberdrola's i-DE granted five Madrid data center access permits exceeding grid capacity based on a non-existent transformer, a "very serious infraction" per the CNMC, resulting in 101.76% capacity commitment and highlighting the need for improved grid planning.

Progress

40% Bias Score

Affordable and Clean Energy
arabic.cnn.com
🌐 85% Global Worthiness
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Egypt's Agricultural Exports Reach Record High in 2024

In 2024, Egypt's agricultural exports hit a record 8.6 million tons, a 1.2 million-ton increase from the previous year, due to expanded domestic production and decreased production in competing nations affected by climate change; the EU and Arab nations are the top importers.

Progress

52% Bias Score

Zero Hunger
forbes.com
🌐 85% Global Worthiness
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Boeing Faces Pressure from Activist Investors and Potential Buffett Investment

Activist investors and potentially Warren Buffett are circling Boeing, creating pressure on the aerospace giant to address financial issues, manufacturing delays, and reputational damage caused by the 737 MAX grounding and the COVID-19 pandemic.

Progress

44% Bias Score

Decent Work and Economic Growth
zeit.de
🌐 85% Global Worthiness
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Global Billionaire Wealth Soars as Poverty Stagnates

Oxfam's report reveals a global surge in billionaire wealth, reaching 2,769 individuals in 2022, while poverty remains stagnant and hunger rises; Germany, with 130 billionaires, sees 71 percent of their wealth originating from inheritance, highlighting a growing inequality.

Progress

60% Bias Score

Reduced Inequality
theguardian.com
🌐 85% Global Worthiness
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Billionaire Wealth Surges by $2 Trillion in 2024 Amidst Persistent Global Poverty

The world's billionaires' wealth surged by $2 trillion in 2024, three times faster than in 2023, reaching $5.7 billion daily, while 3.6 billion people remain below the World Bank poverty line, highlighting extreme global inequality and prompting Oxfam to call for bolder policies.

Progress

68% Bias Score

Reduced Inequality