Tag #Economy

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.

Progress

52% Bias Score

Decent Work and Economic Growth
usa.chinadaily.com.cn
🌐 85% Global Worthiness
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China's PV Capacity Projected to Surge 10 Percent in 2025

UBS forecasts a 10 percent increase in China's photovoltaic installed capacity in 2025, reaching 260-280 gigawatts, driven by State-owned enterprises' efforts to meet targets and government policies aiming to curb hyper-competition and improve supply-demand balance.

Progress

44% Bias Score

Affordable and Clean Energy
lefigaro.fr
🌐 85% Global Worthiness
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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

Decent Work and Economic Growth
cnn.com
🌐 85% Global Worthiness
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Five Trillionaires Predicted by 2034: Oxfam Highlights Extreme Wealth Inequality

Oxfam's new report reveals that five individuals are projected to become trillionaires in the next decade, highlighting extreme wealth concentration amid persistent global poverty, exacerbated by inheritance and political influence.

Progress

64% Bias Score

Reduced Inequality
votreargent.lexpress.fr
🌐 85% Global Worthiness
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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

Decent Work and Economic Growth
dw.com
🌐 85% Global Worthiness
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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

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
aljazeera.com
🌐 85% Global Worthiness
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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

Reduced Inequality
lexpansion.lexpress.fr
🌐 85% Global Worthiness
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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

Decent Work and Economic Growth
zeit.de
🌐 85% Global Worthiness
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Global Billionaire Wealth Soars as Poverty Stagnates

Oxfam's report reveals a global surge in billionaire wealth, reaching 2,769 individuals in 2022, while poverty remains stagnant and hunger rises; Germany, with 130 billionaires, sees 71 percent of their wealth originating from inheritance, highlighting a growing inequality.

Progress

60% Bias Score

Reduced Inequality
lexpansion.lexpress.fr
🌐 85% Global Worthiness
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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

Affordable and Clean Energy
theguardian.com
🌐 85% Global Worthiness
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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

Life Below Water