Tag #Economy

nrc.nl
🌐 85% Global Worthiness
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Northvolt's Collapse: A Setback for Europe's Green Tech Ambitions

The near-bankruptcy of Swedish battery maker Northvolt, despite substantial funding and government support, reveals the challenges Europe faces in competing with China's established dominance in battery technology, particularly given its rapid growth strategy and quality control issues resulting in ...

Progress

56% Bias Score

Industry, Innovation, and Infrastructure
bbc.com
🌐 85% Global Worthiness
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Ghana Mine Clash: Seven Dead, Protests Erupt

Seven to nine people died in a clash between soldiers and about 60 illegal miners armed with pump-action guns at an AngloGold Ashanti mine in Ghana's Ashanti region; protests followed, with vehicles and equipment burned; the government ordered investigations and the company covered medical and buria...

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44% Bias Score

No Poverty
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...

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60% Bias Score

Reduced Inequality
africa.chinadaily.com.cn
🌐 85% Global Worthiness
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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...

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44% Bias Score

Decent Work and Economic Growth
africa.chinadaily.com.cn
🌐 85% Global Worthiness
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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.

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48% Bias Score

Zero Hunger
china.org.cn
🌐 85% Global Worthiness
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China's Photovoltaic Capacity Set for 10% Growth in 2025 Amidst Industry Restructuring

UBS forecasts a 10 percent increase in China's photovoltaic installed capacity in 2025, reaching 260-280 gigawatts, driven by State-owned enterprises nearing their 2025 targets, despite industry-wide price drops and oversupply issues addressed by government policies and self-regulated production cut...

Progress

44% Bias Score

Affordable and Clean Energy
spanish.china.org.cn
🌐 85% Global Worthiness
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China's Strong Showing at Davos Underscores Global Economic Engagement

At the 2025 World Economic Forum in Davos, China demonstrated its commitment to global markets through increased corporate participation (e.g., LONGi, Yidu Tech) and high-level government representation (Vice Premier Ding Xuexiang), focusing on multilateralism and mutually beneficial globalization; ...

Progress

40% Bias Score

Industry, Innovation, and Infrastructure
apnews.com
🌐 85% Global Worthiness
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Bitcoin Surges Past \$109,000 on Trump's Crypto-Friendly Policies

Bitcoin's price exceeded \$109,000 on Monday, driven by anticipation of pro-crypto policies under President-elect Trump, who plans to create a U.S. crypto reserve and implement industry-friendly regulations.

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56% Bias Score

Reduced Inequality
africa.chinadaily.com.cn
🌐 85% Global Worthiness
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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

Affordable and Clean Energy
africa.chinadaily.com.cn
🌐 85% Global Worthiness
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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

Decent Work and Economic Growth
smh.com.au
🌐 85% Global Worthiness
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Marmota's Aurora Tank Gold Project: 73% Increase in Gold Grades

High-precision testing at Marmota Ltd.'s Aurora Tank gold project in South Australia's Gawler Craton increased gold grades by 73%, from 50 g/t to 87 g/t, confirming high-grade potential and boosting confidence for resource estimation and future production. This follows a previous November 2024 annou...

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52% Bias Score

Decent Work and Economic Growth
elmundo.es
🌐 85% Global Worthiness
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Spanish Government Orchestrates Telefónica CEO Resignation Amidst Concerns of Political Interference

The Spanish government orchestrated the resignation of Telefónica CEO José María Álvarez-Pallete, citing concerns over a Saudi Arabian telecom company's potential takeover, but the move appears politically motivated, pressuring La Caixa and potentially setting a concerning precedent for government i...

Progress

60% Bias Score

Decent Work and Economic Growth