Billionaire Wealth Surge Exacerbates Global Inequality
Oxfam's January 20th report reveals that billionaire wealth surged by $2 trillion in 2024, while 44% of humanity lives on under $6.85 daily, highlighting extreme wealth inequality exacerbated by policies like tax cuts and deregulation, with protests at the Davos WEF meeting mirroring these concerns.
Billionaire Wealth Surge Exacerbates Global Inequality
Oxfam's January 20th report reveals that billionaire wealth surged by $2 trillion in 2024, while 44% of humanity lives on under $6.85 daily, highlighting extreme wealth inequality exacerbated by policies like tax cuts and deregulation, with protests at the Davos WEF meeting mirroring these concerns.
Progress
56% Bias Score
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.
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.
Progress
32% Bias Score
China's SOE Reforms: Boosting Growth and Modernization
China's State-Owned Enterprises (SOEs) are undergoing reforms to enhance their role in technological innovation, industrial development, and macroeconomic stability, supporting the nation's modernization drive; this involves bolstering technological self-reliance, building a modern industrial system...
China's SOE Reforms: Boosting Growth and Modernization
China's State-Owned Enterprises (SOEs) are undergoing reforms to enhance their role in technological innovation, industrial development, and macroeconomic stability, supporting the nation's modernization drive; this involves bolstering technological self-reliance, building a modern industrial system...
Progress
48% Bias Score
China's PV Capacity to Surge 10 Percent, Reaching 260-280 GW
UBS forecasts a 10 percent increase in China's photovoltaic installed capacity this year (260-280 GW), driven by State-owned enterprises' efforts to meet 2025 targets, eased by government policies aimed at resolving supply-demand imbalances and preventing hyper-competition.
China's PV Capacity to Surge 10 Percent, Reaching 260-280 GW
UBS forecasts a 10 percent increase in China's photovoltaic installed capacity this year (260-280 GW), driven by State-owned enterprises' efforts to meet 2025 targets, eased by government policies aimed at resolving supply-demand imbalances and preventing hyper-competition.
Progress
32% Bias Score
China Urges US Businesses to Invest Amidst Han Zheng-Musk Meeting
Chinese Vice President Han Zheng met with Elon Musk in the US on Sunday, urging American businesses to seize opportunities in China's growing economy; Musk pledged Tesla's continued investment and cooperation.
China Urges US Businesses to Invest Amidst Han Zheng-Musk Meeting
Chinese Vice President Han Zheng met with Elon Musk in the US on Sunday, urging American businesses to seize opportunities in China's growing economy; Musk pledged Tesla's continued investment and cooperation.
Progress
48% 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
Extended Spring Festival Fuels Tourism Boom in China
The 2025 Spring Festival, extended to eight days and newly inscribed on UNESCO's intangible cultural heritage list, is driving a significant surge in both domestic and international tourism in China, with longer trips and a focus on cultural experiences.
Extended Spring Festival Fuels Tourism Boom in China
The 2025 Spring Festival, extended to eight days and newly inscribed on UNESCO's intangible cultural heritage list, is driving a significant surge in both domestic and international tourism in China, with longer trips and a focus on cultural experiences.
Progress
16% Bias Score
China-Africa Trade Booms as Zero-Tariff Policy Drives Agricultural Modernization
Chinese Foreign Minister Wang Yi's visit to Africa, his 35th consecutive new year's trip there, highlights booming agricultural trade with China granting zero tariffs to 33 African nations, increasing exports of products like Rwandan chili and Malagasy mutton and driving agricultural modernization.
China-Africa Trade Booms as Zero-Tariff Policy Drives Agricultural Modernization
Chinese Foreign Minister Wang Yi's visit to Africa, his 35th consecutive new year's trip there, highlights booming agricultural trade with China granting zero tariffs to 33 African nations, increasing exports of products like Rwandan chili and Malagasy mutton and driving agricultural modernization.
Progress
48% Bias Score
China's 2025 Economic Strategy: High-Standard Opening-Up Amidst Global Uncertainty
In 2024, China's total import and export trade grew by 5 percent year-on-year, while foreign investment showed resilience in high-tech sectors; for 2025, China plans to expand high-standard opening-up by removing investment restrictions, improving free trade zones, and aligning with international st...
China's 2025 Economic Strategy: High-Standard Opening-Up Amidst Global Uncertainty
In 2024, China's total import and export trade grew by 5 percent year-on-year, while foreign investment showed resilience in high-tech sectors; for 2025, China plans to expand high-standard opening-up by removing investment restrictions, improving free trade zones, and aligning with international st...
Progress
44% Bias Score
Billionaire Wealth Soars Threefold in 2024, Oxfam Warns
Oxfam's report, released during the World Economic Forum in Davos, shows that billionaires' wealth globally increased by \$2 trillion in 2024, reaching \$15 trillion, a three-fold increase over 2023's growth rate; the report also predicts the emergence of at least five trillionaires in the next deca...
Billionaire Wealth Soars Threefold in 2024, Oxfam Warns
Oxfam's report, released during the World Economic Forum in Davos, shows that billionaires' wealth globally increased by \$2 trillion in 2024, reaching \$15 trillion, a three-fold increase over 2023's growth rate; the report also predicts the emergence of at least five trillionaires in the next deca...
Progress
60% Bias Score
Biden Vetoes Nippon Steel's US Steel Acquisition
President Biden blocked a $15 billion acquisition of US Steel by Japan's Nippon Steel, citing national security concerns and supply chain risks, despite bipartisan support for the veto and criticism from the involved companies.
Biden Vetoes Nippon Steel's US Steel Acquisition
President Biden blocked a $15 billion acquisition of US Steel by Japan's Nippon Steel, citing national security concerns and supply chain risks, despite bipartisan support for the veto and criticism from the involved companies.
Progress
44% 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