Tag #Economy

dw.com
🌐 90% Global Worthiness
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Davos 2024: Global Leaders Tackle Geopolitical Instability and AI Revolution

The World Economic Forum's 2024 annual meeting in Davos, Switzerland (January 20-24), will bring together nearly 3,000 global leaders to discuss the complex geopolitical landscape, including the war in Ukraine, the rise of populism, and the transformative impact of artificial intelligence.

Progress

44% Bias Score

Peace, Justice, and Strong Institutions
forbes.com
🌐 85% Global Worthiness
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U.S. Sanctions Push India to Diversify Away from Russian Oil

Following new U.S. sanctions targeting Russian oil shipments, India, which sources 40% of its oil from Russia, is actively seeking alternative suppliers from countries like the UAE, Saudi Arabia, Kuwait, and Oman, after utilizing 'shadow' tankers to circumvent prior sanctions.

Progress

32% Bias Score

Affordable and Clean Energy
bbc.com
🌐 85% Global Worthiness
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Shein's Profits Double Amidst Ethical Concerns

Shein, a Chinese fast-fashion giant, reported a doubling of UK profits to over £24 million in 2023 despite facing scrutiny over its labor practices, including a BBC investigation revealing 75-hour workweeks for some employees, violating Chinese labor laws; however, millions of consumers continue to ...

Progress

60% Bias Score

Decent Work and Economic Growth
english.kyodonews.net
🌐 85% Global Worthiness
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Luxury Train Tours Revitalize Japan's Regional Economies

Luxury train tours in Japan, such as Tokyu Corp.'s Royal Express and West Japan Railway Co.'s Twilight Express Mizukaze, are attracting tourists to less-visited areas, boosting struggling regional economies and preserving local traditions; despite ticket prices reaching \$5,200, tours sold out.

Progress

32% Bias Score

Sustainable Cities and Communities
welt.de
🌐 85% Global Worthiness
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France's Political Instability Triggers Economic Crisis

France's political instability, marked by four prime ministers in a year and a deeply divided parliament, is causing economic woes, with record-high national debt and an unpassed 2025 budget, threatening social and economic stability.

Progress

64% Bias Score

Decent Work and Economic Growth
forbes.com
🌐 85% Global Worthiness
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Global Cooperation Stagnates Despite Some Positive Trends

The 2025 Global Cooperation Barometer shows cooperation is higher than pre-pandemic levels but has plateaued; key challenges include decreased global peace and security, trade, and progress on UN Sustainable Development Goals.

Progress

40% Bias Score

Peace, Justice, and Strong Institutions
elpais.com
🌐 85% Global Worthiness
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Musk's AfD Support Sparks Controversy in Grünheide

Elon Musk's public support for Germany's AfD party, despite their past opposition to Tesla's Gigafactory in Grünheide, has caused controversy, highlighting conflicts between economic development, political influence, and environmental concerns in the Brandenburg region.

Progress

40% Bias Score

Decent Work and Economic Growth
theguardian.com
🌐 85% Global Worthiness
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Stagnant UK Economy Puts Pressure on Chancellor Reeves

UK Chancellor Rachel Reeves faces intensifying pressure due to Britain's flatlining economy, failing to meet Labour's promised growth targets, despite her outwardly confident demeanor; internal concerns exist within the Labour party regarding her economic policies.

Progress

56% Bias Score

Decent Work and Economic Growth
bbc.com
🌐 85% Global Worthiness
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Games Workshop's £126.8m Profit: Miniatures to Marvel-Level Success?

Games Workshop, founded in 1975, reported £126.8m profit in the second half of 2024, fueled by miniatures, licensing deals, and the success of its video game Space Marine II (4.5 million copies sold in its first month).

Progress

48% Bias Score

Decent Work and Economic Growth
bbc.com
🌐 85% Global Worthiness
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Global Economic Uncertainty in 2025: Inflation, Interest Rates, and Trade Wars

The global economy faces uncertainty in 2025, with projected 3.2% growth threatened by persistent inflation, US interest rate policies, and Donald Trump's potential re-imposition of tariffs on China, Canada, and Mexico, impacting supply chains and potentially causing a recession.

Progress

44% Bias Score

Reduced Inequality
forbes.com
🌐 85% Global Worthiness
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Childcare Costs Curb Women's Social Entrepreneurship

A King's College London study found women are three times more likely to start socially responsible businesses but face significant obstacles in their late 30s and early 40s due to childcare and eldercare, impacting the $2 trillion social enterprise sector.

Progress

44% Bias Score

Gender Equality
theguardian.com
🌐 85% Global Worthiness
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English Councils Face Social Housing Funding Crisis

Facing a severe financial crisis, English councils managing over 870,000 social homes plan to sell properties and cut maintenance to balance budgets, highlighting a need for increased government funding and policy reform.

Progress

40% Bias Score

Sustainable Cities and Communities