Tag #Economy

bbc.com
🌐 85% Global Worthiness
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Karachi Salt Miners Face Exploitation, Health Risks

Karachi's Hawks Bay salt miners earn 600 rupees daily for collecting 100 sacks (60-75kg each) of salt, facing severe health risks from sun exposure, salt burns, and lack of safety equipment, while systemic issues and the absence of labor protections leave them vulnerable.

Progress

36% Bias Score

No Poverty
forbes.com
🌐 85% Global Worthiness
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Global Billionaire Wealth Surges by $2 Trillion in 2024

Global billionaire wealth increased by $2 trillion in 2024, three times faster than in 2023, with a significant portion inherited, fueling concerns about inequality and political influence, particularly with the upcoming wealthy Trump administration.

Progress

56% Bias Score

Reduced Inequality
usa.chinadaily.com.cn
🌐 85% Global Worthiness
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China's PV Capacity Projected to Surge 10 Percent in 2025

UBS forecasts a 10 percent increase in China's photovoltaic installed capacity in 2025, reaching 260-280 gigawatts, driven by State-owned enterprises' efforts to meet targets and government policies aiming to curb hyper-competition and improve supply-demand balance.

Progress

44% Bias Score

Affordable and Clean Energy
forbes.com
🌐 85% Global Worthiness
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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

Reduced Inequality
usa.chinadaily.com.cn
🌐 85% Global Worthiness
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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

Decent Work and Economic Growth
cnbc.com
🌐 85% Global Worthiness
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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

Reduced Inequality
usa.chinadaily.com.cn
🌐 85% Global Worthiness
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AI's Trillion-Dollar Infrastructure Boom: Energy and Environmental Challenges

The burgeoning field of artificial intelligence is projected to require over \$1 trillion in infrastructure investment by 2030, leading to a substantial increase in energy and water consumption, creating both opportunities and challenges for resource management and environmental sustainability, part...

Progress

36% Bias Score

Climate Action
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
europe.chinadaily.com.cn
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China's Solar Power Capacity Set for 10% Growth Amidst Government Intervention

UBS forecasts a 10 percent increase in China's photovoltaic installed capacity this year, reaching 260-280 gigawatts, driven by State-owned enterprises' efforts to meet 2025 targets and government policies aimed at resolving supply-demand imbalances and promoting sustainable industry growth.

Progress

32% Bias Score

Affordable and Clean Energy
europe.chinadaily.com.cn
🌐 85% Global Worthiness
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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

Decent Work and Economic Growth
forbes.com
🌐 85% Global Worthiness
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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

Climate Action
cnbc.com
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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

Decent Work and Economic Growth