Top 20 Hedge Funds Generate Record $93.7 Billion in 2024 Gains
In 2024, the world's top 20 hedge funds, led by Citadel, D.E. Shaw, and Millennium Management, collectively generated a record $93.7 billion in gains, significantly outperforming the average hedge fund and the S&P 500, showcasing the consistency of their multi-strategy approach despite high manageme...
Top 20 Hedge Funds Generate Record $93.7 Billion in 2024 Gains
In 2024, the world's top 20 hedge funds, led by Citadel, D.E. Shaw, and Millennium Management, collectively generated a record $93.7 billion in gains, significantly outperforming the average hedge fund and the S&P 500, showcasing the consistency of their multi-strategy approach despite high manageme...
Progress
60% Bias Score
China's Gold Reserves Surge, Boosting Resource Security
China's Geological Survey announced the discovery of 168 metric tons of new gold reserves and significantly increased reserves of 12 co-mineral resources over the past five years, driven by government-funded exploration using advanced technologies, bolstering the nation's resource security and poten...
China's Gold Reserves Surge, Boosting Resource Security
China's Geological Survey announced the discovery of 168 metric tons of new gold reserves and significantly increased reserves of 12 co-mineral resources over the past five years, driven by government-funded exploration using advanced technologies, bolstering the nation's resource security and poten...
Progress
36% Bias Score
Billionaire Wealth Surges to $15 Trillion Amid Stagnant Global Poverty
Oxfam's 2025 report reveals a $2 trillion surge in billionaire wealth to $15 trillion in 2024, the second-largest annual increase on record, while global poverty remains unchanged since 1990, with 44% of the population living below $6.85 per day; Oxfam attributes 60% of billionaire wealth to inherit...
Billionaire Wealth Surges to $15 Trillion Amid Stagnant Global Poverty
Oxfam's 2025 report reveals a $2 trillion surge in billionaire wealth to $15 trillion in 2024, the second-largest annual increase on record, while global poverty remains unchanged since 1990, with 44% of the population living below $6.85 per day; Oxfam attributes 60% of billionaire wealth to inherit...
Progress
56% Bias Score
China's 2024 Economic Performance: Growth in High-Tech Sectors Amidst Global Uncertainty
In 2024, China's total import and export trade increased by 5 percent, while Belt and Road Initiative-related trade grew by 6.4 percent; despite a slight decrease in overall foreign investment, high-tech sectors showed strong growth, indicating economic resilience and a shift towards innovation.
China's 2024 Economic Performance: Growth in High-Tech Sectors Amidst Global Uncertainty
In 2024, China's total import and export trade increased by 5 percent, while Belt and Road Initiative-related trade grew by 6.4 percent; despite a slight decrease in overall foreign investment, high-tech sectors showed strong growth, indicating economic resilience and a shift towards innovation.
Progress
48% Bias Score
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.
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
Extended Spring Festival Fuels Tourism Boom in China
The 2025 Spring Festival, extended to eight days and newly inscribed on UNESCO's intangible cultural heritage list, is driving a significant surge in both domestic and international tourism in China, with longer trips and a focus on cultural experiences.
Extended Spring Festival Fuels Tourism Boom in China
The 2025 Spring Festival, extended to eight days and newly inscribed on UNESCO's intangible cultural heritage list, is driving a significant surge in both domestic and international tourism in China, with longer trips and a focus on cultural experiences.
Progress
16% Bias Score
China's SOE Reforms: Boosting Growth and Modernization
China's State-Owned Enterprises (SOEs) are undergoing a major reform to enhance their role in national security, industrial policy, macroeconomic stabilization, and technological innovation, aligning with the country's modernization goals.
China's SOE Reforms: Boosting Growth and Modernization
China's State-Owned Enterprises (SOEs) are undergoing a major reform to enhance their role in national security, industrial policy, macroeconomic stabilization, and technological innovation, aligning with the country's modernization goals.
Progress
52% Bias Score
U.S. Energy Efficiency Industry: A 2.3 Million-Worker Solution to Climate Change and Inflation
The U.S. energy efficiency industry employs 2.3 million workers, exceeding the fossil fuel industry's workforce by 2.1 times; this sector offers a crucial solution to both climate change and inflation, reducing household energy waste by an average of $60 per month per household, and offering numerou...
U.S. Energy Efficiency Industry: A 2.3 Million-Worker Solution to Climate Change and Inflation
The U.S. energy efficiency industry employs 2.3 million workers, exceeding the fossil fuel industry's workforce by 2.1 times; this sector offers a crucial solution to both climate change and inflation, reducing household energy waste by an average of $60 per month per household, and offering numerou...
Progress
40% Bias Score
Yuan Depreciation Amidst US-China Monetary Divergence
The Chinese yuan is weakening against a strengthening U.S. dollar due to diverging monetary policies and China's economic challenges, prompting the PBOC to prioritize exchange rate stability over further monetary easing to prevent a sharp currency fall.
Yuan Depreciation Amidst US-China Monetary Divergence
The Chinese yuan is weakening against a strengthening U.S. dollar due to diverging monetary policies and China's economic challenges, prompting the PBOC to prioritize exchange rate stability over further monetary easing to prevent a sharp currency fall.
Progress
52% Bias Score
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.
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
Australian Billionaires' Wealth Soars, Sparking Calls for Wealth Tax
Oxfam Australia reveals that Australia's 47 billionaires, whose wealth increased by A$28 billion in 2024, enjoy an average hourly income exceeding 1,300 times the national average, prompting calls for a wealth tax to address inequality.
Australian Billionaires' Wealth Soars, Sparking Calls for Wealth Tax
Oxfam Australia reveals that Australia's 47 billionaires, whose wealth increased by A$28 billion in 2024, enjoy an average hourly income exceeding 1,300 times the national average, prompting calls for a wealth tax to address inequality.
Progress
52% Bias Score
China Discovers Major Rare Earth Deposit in Yunnan
China announced the discovery of a major rare earth deposit in Yunnan province, containing 1.15 million metric tons of potential resources, including over 470,000 tons of critical rare earths vital for electric vehicles and renewable energy, further strengthening its global dominance in this sector.
China Discovers Major Rare Earth Deposit in Yunnan
China announced the discovery of a major rare earth deposit in Yunnan province, containing 1.15 million metric tons of potential resources, including over 470,000 tons of critical rare earths vital for electric vehicles and renewable energy, further strengthening its global dominance in this sector.
Progress
32% Bias Score