Tag #Economy

chinadaily.com.cn
🌐 85% Global Worthiness
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Trump Tariffs Pose Challenge to Southeast Asia, but Growth Opportunities Remain

US President-elect Trump's planned tariffs threaten Southeast Asia's export-dependent economies, but analysts highlight continued high FDI inflows ($230 billion in 2023), a growing workforce until 2030, and new economic zones as mitigating factors.

Progress

36% Bias Score

Decent Work and Economic Growth
elmundo.es
🌐 85% Global Worthiness
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China Launches 11 Billion Euro Stimulus Plan Amid Economic Slowdown

In response to sluggish consumer spending, the Chinese government launched an 81 billion yuan (almost 11 billion euro) plan to exchange old for new appliances at discounted prices, alongside significant discounts on electric vehicles and other consumer goods, amid concerns about economic growth, hig...

Progress

40% Bias Score

Decent Work and Economic Growth
es.euronews.com
🌐 85% Global Worthiness
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Global EV Sales Hit Record in 2024 Despite Regional Variations

Global electric vehicle sales reached a record 17.1 million units in 2024, a 25% increase; however, growth varied regionally, with China surging 40%, North America up 9%, and Europe down 3% due to policy changes.

Progress

36% Bias Score

Climate Action
apnews.com
🌐 85% Global Worthiness
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Mexico, EU Announce Revamped Trade Deal Amidst U.S. Tariff Threats

Mexico and the European Union announced a revamped trade agreement on Friday, aiming to increase trade and investment, and potentially mitigate the impact of threatened U.S. tariffs; the agreement reduces Mexican tariffs on European agri-food imports, removes investment barriers for European compani...

Progress

36% Bias Score

Decent Work and Economic Growth
lexpress.fr
🌐 85% Global Worthiness
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Veteran Civil Servant to Lead French Pension Reform Talks

French Prime Minister François Bayrou appointed 73-year-old Jean-Jacques Marette to lead a three-month discussion on the 2023 pension reform, aiming for an agreement between social partners by late May, despite opposition from labor unions and support from employers.

Progress

36% Bias Score

Decent Work and Economic Growth
cnn.com
🌐 85% Global Worthiness
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Biden Administration Enacts Sweeping Consumer Protections

The Biden administration implemented significant consumer protections, including capping insulin costs at $35 monthly for Medicare users, limiting overdraft fees to $5, banning hidden fees in various sectors, and increasing transparency in online reviews and airline policies.

Progress

44% Bias Score

Reduced Inequality
elmundo.es
🌐 85% Global Worthiness
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Soaring Temporary Disability Costs in Spain Prompt Government Review

Spain's spending on temporary disability benefits has skyrocketed 171% since 2014 to €13.59 billion in 2022, prompting the AIReF to analyze the causes and propose solutions, comparing Spain to other EU countries with higher sickness absence rates.

Progress

44% Bias Score

Good Health and Well-being
cnnespanol.cnn.com
🌐 85% Global Worthiness
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Extreme Weather's Financial Toll on US Homeowners

Across the US, extreme weather events cause substantial financial losses; in 2023, insured losses reached nearly $80 billion due to 89 natural catastrophes, highlighting the need for preparedness measures like comprehensive insurance, emergency kits, and awareness of potential costs.

Progress

32% Bias Score

Climate Action
lexpress.fr
🌐 85% Global Worthiness
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China's Export Surge Threatens Global Competitors

China's export surge in 2024, fueled by manufacturing overcapacity, creates a record trade surplus, threatening global competitors, particularly in Europe, while prompting China to seek new markets in the global South, potentially leading to increased investment in those regions.

Progress

56% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
🌐 85% Global Worthiness
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Trump's Tariff Threat to Upend US-Canada Oil Trade

President-elect Trump's threatened 25% tariff on Canadian oil imports jeopardizes the US refining industry, which relies heavily on Canadian heavy crude, especially in the Gulf Coast and Midwest, potentially causing significant economic consequences.

Progress

44% Bias Score

Affordable and Clean Energy
apnews.com
🌐 85% Global Worthiness
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Raimondo vs. Trump: Competing Visions for the American Economy

Commerce Secretary Gina Raimondo champions a pro-competition economic strategy contrasting with Donald Trump's protectionism, emphasizing government investments in AI and semiconductors as crucial for U.S. global competitiveness, while Trump and China criticize this approach.

Progress

60% Bias Score

nrc.nl
🌐 85% Global Worthiness
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Trump's Tariffs Threaten Global Trade War

Donald Trump's threatened import tariffs, ranging from 10-20% on most goods and 60% on Chinese goods, could trigger a global trade war, significantly impacting the EU and China, although their diverse export markets might lessen the blow.

Progress

36% Bias Score

Decent Work and Economic Growth