Tag #Economy

theglobeandmail.com
🌐 85% Global Worthiness
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Canada confronts Trump's threatened tariffs at inauguration

Canadian business leaders and politicians are attending the inauguration of Donald Trump in Washington, D.C., to counter his threatened 25-percent tariffs on Canadian goods, emphasizing the economic interdependence and shared history between Canada and the U.S., while acknowledging the risk of a sig...

Progress

56% 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, "Takers not Makers," reveals a 2023 surge in billionaire wealth to $15 trillion, three times faster than 2022's growth, while global hunger rises and poverty reduction stagnates; Germany has the world's fourth-largest number of billionaires, with 71% of their wealth from inheritance.

Progress

56% Bias Score

Reduced Inequality
politico.eu
🌐 85% Global Worthiness
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Trump's China Pressure Exposes Deep EU Divisions

Faced with economic crises and political instability, the EU must choose between decoupling from China to appease Trump or facing US tariffs, jeopardizing its unity and economic well-being; internal divisions exacerbate the challenge.

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64% Bias Score

Decent Work and Economic Growth
dw.com
🌐 85% Global Worthiness
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Billionaire Wealth Soars by $2 Trillion in 2024 Amidst Rising Global Inequality

Oxfam's "Takers Not Makers" report, released before the Davos WEF summit, reveals that billionaire wealth soared by $2 trillion in 2024, while 44% of humanity lives on less than $6.85 daily, highlighting a massive wealth gap and criticizing policies that may worsen inequality.

Progress

64% Bias Score

Reduced Inequality
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.

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52% Bias Score

Decent Work and Economic Growth
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...

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44% Bias Score

Zero Hunger
welt.de
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Stuttgart Stock Exchange: Crypto Demand to Surge Under Trump, EU Regulations

The Stuttgart Stock Exchange predicts surging cryptocurrency demand due to a US administration perceived as crypto-friendly and new EU regulations governing crypto trading and custody, expecting user growth to reach 100-150 million by the end of the decade and a more mature market.

Progress

48% Bias Score

Reduced Inequality
politico.eu
🌐 85% Global Worthiness
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Austria's Central Bank Chief Sees No Immediate Economic Risks From Far-Right Government

Austria's central bank chief says there are no immediate economic risks from a potential far-right government, citing planned spending cuts and the EU's decision against opening an excessive deficit procedure, despite concerns in Brussels over the FPÖ's stance on Russia and Ukraine.

Progress

44% Bias Score

Reduced Inequality
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
china.org.cn
🌐 85% Global Worthiness
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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.

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32% Bias Score

Industry, Innovation, and Infrastructure
china.org.cn
🌐 85% Global Worthiness
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Extended Spring Festival Fuels Tourism Boom in China

The 2025 Chinese Spring Festival, extended to eight days and newly recognized by UNESCO, is driving a surge in domestic and international tourism, with bookings significantly exceeding pre-pandemic levels and a strong focus on cultural experiences.

Progress

32% Bias Score

Sustainable Cities and Communities
theguardian.com
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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

Reduced Inequality