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
Norway's Stad Ship Tunnel: A $440 Million Boost to Safety and Efficiency
Norway's Stad Ship Tunnel, a mile-long passage through the Stad peninsula, is set to open in 2030, offering a safer route for smaller vessels, boosting tourism, and significantly benefiting the fishing and cargo industries by reducing delays and improving transport efficiency.
Norway's Stad Ship Tunnel: A $440 Million Boost to Safety and Efficiency
Norway's Stad Ship Tunnel, a mile-long passage through the Stad peninsula, is set to open in 2030, offering a safer route for smaller vessels, boosting tourism, and significantly benefiting the fishing and cargo industries by reducing delays and improving transport efficiency.
Progress
40% Bias Score
Global Billionaire Count Rises to 2769 Amidst Widespread Poverty
In 2023, 204 new billionaires were added globally, totaling 2769, with Germany showing a 9-billionaire increase and $26.8 billion wealth growth. This contrasts sharply with nearly 3.6 billion people living below the $6.85/day poverty line and 733 million starving, creating concerns about the impact ...
Global Billionaire Count Rises to 2769 Amidst Widespread Poverty
In 2023, 204 new billionaires were added globally, totaling 2769, with Germany showing a 9-billionaire increase and $26.8 billion wealth growth. This contrasts sharply with nearly 3.6 billion people living below the $6.85/day poverty line and 733 million starving, creating concerns about the impact ...
Progress
60% Bias Score
EU Approves France's Revised Budget, Projecting 5.4% Deficit in 2025
On January 20th, the European Commission approved France's revised budget, projecting a 5.4% deficit in 2025 but maintaining the goal of a deficit below 3% by 2029; this follows a government change and aims to address France's high debt.
EU Approves France's Revised Budget, Projecting 5.4% Deficit in 2025
On January 20th, the European Commission approved France's revised budget, projecting a 5.4% deficit in 2025 but maintaining the goal of a deficit below 3% by 2029; this follows a government change and aims to address France's high debt.
Progress
48% Bias Score
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...
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...
Progress
44% Bias Score
China's Economic Resilience in 2024: Growth Rebounds Amidst Global Uncertainty
Despite initial economic slowdown in the second and third quarters of 2024, China's economy rebounded strongly in the final months, with key indicators reaching record highs thanks to timely government policy interventions and ongoing structural reforms.
China's Economic Resilience in 2024: Growth Rebounds Amidst Global Uncertainty
Despite initial economic slowdown in the second and third quarters of 2024, China's economy rebounded strongly in the final months, with key indicators reaching record highs thanks to timely government policy interventions and ongoing structural reforms.
Progress
40% Bias Score
Billionaire Wealth Soars to \$15 Trillion Amidst Global Poverty
Global billionaire wealth increased by \$2 trillion in 2024 to \$15 trillion, while 44% of the world's population lives on less than \$6.85 a day, according to an Oxfam report released before the World Economic Forum in Davos.
Billionaire Wealth Soars to \$15 Trillion Amidst Global Poverty
Global billionaire wealth increased by \$2 trillion in 2024 to \$15 trillion, while 44% of the world's population lives on less than \$6.85 a day, according to an Oxfam report released before the World Economic Forum in Davos.
Progress
60% Bias Score
US Oil Sanctions, Gas Halt Cripple Russia's Economy
The Russian economy, resilient for three years despite war and sanctions, faces a severe downturn in 2025 due to new US oil sanctions hitting major producers, a halt in gas transit through Ukraine, and internal economic policy discord; inflation exceeds 10 percent while the central bank interest rat...
US Oil Sanctions, Gas Halt Cripple Russia's Economy
The Russian economy, resilient for three years despite war and sanctions, faces a severe downturn in 2025 due to new US oil sanctions hitting major producers, a halt in gas transit through Ukraine, and internal economic policy discord; inflation exceeds 10 percent while the central bank interest rat...
Progress
48% Bias Score
EDF CFO Resigns Amidst Hinkley Point C Financial Crisis
EDF's chief financial officer resigned in March 2016 over disagreements about the financially risky Hinkley Point C nuclear power plant project in the UK, which is already significantly over budget and behind schedule, causing major concerns about EDF's financial stability.
EDF CFO Resigns Amidst Hinkley Point C Financial Crisis
EDF's chief financial officer resigned in March 2016 over disagreements about the financially risky Hinkley Point C nuclear power plant project in the UK, which is already significantly over budget and behind schedule, causing major concerns about EDF's financial stability.
Progress
48% Bias Score
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.
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.
Progress
56% Bias Score
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; ...
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
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.
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