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.
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
French Unions and Employers Begin Talks on Pension Reform
French unions and employers initiated three months of talks on January 17th to reform the pension system, a significant shift from President Macron's previous approach, aiming to find compromises on financing and other key issues, potentially impacting the future role of social partners in French po...
French Unions and Employers Begin Talks on Pension Reform
French unions and employers initiated three months of talks on January 17th to reform the pension system, a significant shift from President Macron's previous approach, aiming to find compromises on financing and other key issues, potentially impacting the future role of social partners in French po...
Progress
56% Bias Score
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.
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
Jellyfish Invasion Devastates Scottish Salmon Farms
An invasive jellyfish species has killed over 200,000 farmed salmon in Scotland, impacting two farms near Skye and Muck, following a similar crisis in Norway where millions of salmon died in 2023 due to rising sea temperatures linked to climate change.
Jellyfish Invasion Devastates Scottish Salmon Farms
An invasive jellyfish species has killed over 200,000 farmed salmon in Scotland, impacting two farms near Skye and Muck, following a similar crisis in Norway where millions of salmon died in 2023 due to rising sea temperatures linked to climate change.
Progress
44% Bias Score
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...
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
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.
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
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
France's Uncoordinated Energy Policy Risks Economic Hardship
French Senator Ronan Dantec warns of a lack of coordination in France's energy policy, highlighting the significant cost difference between nuclear (120€/MWh) and solar (17€/MWh) energy, and the risk of overproduction due to the lack of integration with cheaper European electricity.
France's Uncoordinated Energy Policy Risks Economic Hardship
French Senator Ronan Dantec warns of a lack of coordination in France's energy policy, highlighting the significant cost difference between nuclear (120€/MWh) and solar (17€/MWh) energy, and the risk of overproduction due to the lack of integration with cheaper European electricity.
Progress
52% Bias Score
Davos Forum Opens Amidst US Trade Concerns and AI Employment Fears
The World Economic Forum in Davos, Switzerland, convenes on the same day as the US president's inauguration, focusing on global economic anxieties following a year of political upheaval and amidst concerns about new US trade policies and the impact of rapid technological advancement on employment.
Davos Forum Opens Amidst US Trade Concerns and AI Employment Fears
The World Economic Forum in Davos, Switzerland, convenes on the same day as the US president's inauguration, focusing on global economic anxieties following a year of political upheaval and amidst concerns about new US trade policies and the impact of rapid technological advancement on employment.
Progress
56% Bias Score
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.
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.
Progress
64% Bias Score
Five Trillionaires Projected Within a Decade, Sparking Inequality Concerns
Oxfam's report projects five individuals becoming trillionaires within the next decade due to factors such as soaring stock markets and inherited wealth, highlighting the growing wealth disparity alongside persistent global poverty and the increasing political influence of billionaires.
Five Trillionaires Projected Within a Decade, Sparking Inequality Concerns
Oxfam's report projects five individuals becoming trillionaires within the next decade due to factors such as soaring stock markets and inherited wealth, highlighting the growing wealth disparity alongside persistent global poverty and the increasing political influence of billionaires.
Progress
68% Bias Score
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.
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