Tag #Economy

dw.com
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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.

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56% Bias Score

Reduced Inequality
votreargent.lexpress.fr
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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...

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56% Bias Score

Decent Work and Economic Growth
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.

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48% Bias Score

Decent Work and Economic Growth
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.

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32% Bias Score

Affordable and Clean Energy
africa.chinadaily.com.cn
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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...

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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
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
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.

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44% Bias Score

Decent Work and Economic Growth
aljazeera.com
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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.

Progress

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