Tag #Economy

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
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
china.org.cn
🌐 85% Global Worthiness
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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

Industry, Innovation, and Infrastructure
elpais.com
🌐 85% Global Worthiness
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Ultra-Processed Food Regulation Fails: Systemic Change Needed

A study of 417 measures from 105 countries reveals that current regulations, focusing primarily on consumer behavior, have failed to curb the rise of ultra-processed foods, which comprise 70% of the average American diet and are linked to serious health problems; the authors call for systemic change...

Progress

44% Bias Score

Zero Hunger
elmundo.es
🌐 85% Global Worthiness
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EU Automakers Seek Carbon Credits Amid Emission Reduction Challenges

Facing EU CO2 emission reduction mandates (93.6 g/km by 2025), automakers like Stellantis are exploring carbon credit trading with Tesla to avoid €15 billion in potential fines, highlighting the industry's struggle to transition to electric vehicles amid economic and geopolitical pressures.

Progress

56% Bias Score

Climate Action
elmundo.es
🌐 85% Global Worthiness
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Trump's Election: Market Optimism vs. Economic Forecasts

The election of Donald Trump as US President has fueled optimism on Wall Street, despite economic models predicting a 9.7% GDP drop and 9.3% inflation due to his proposed deregulation, tariffs, and immigration policies; the strong dollar also creates challenges.

Progress

56% Bias Score

Reduced Inequality
dailymail.co.uk
🌐 85% Global Worthiness
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Equal Pay Claims Threaten Dozens of UK Councils with Bankruptcy

The GMB union predicts that up to six more UK councils will face multimillion-pound equal pay settlements this year, following Birmingham City Council's bankruptcy declaration due to a £760 million equal pay claim, highlighting a systemic issue of sex discrimination in local authorities.

Progress

56% Bias Score

Gender Equality
china.org.cn
🌐 85% Global Worthiness
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Extended Spring Festival Fuels Tourism Boom in China

The 2025 Chinese Spring Festival, extended to eight days and newly recognized by UNESCO, is driving a surge in domestic and international tourism, with bookings significantly exceeding pre-pandemic levels and a strong focus on cultural experiences.

Progress

32% Bias Score

Sustainable Cities and Communities
china.org.cn
🌐 85% Global Worthiness
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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

Sustainable Cities and Communities
dailymail.co.uk
🌐 85% Global Worthiness
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Essen to Mandate Community Service for Welfare Recipients and Asylum Seekers

The German city of Essen is implementing a new policy requiring welfare recipients and asylum seekers to perform three hours of daily community service or face benefit cuts, in an attempt to boost the city's struggling economy.

Progress

48% Bias Score

Decent Work and Economic Growth
elmundo.es
🌐 85% Global Worthiness
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CNMC: Iberdrola Exceeded Madrid Grid Capacity for Data Centers

Iberdrola's i-DE granted five Madrid data center access permits exceeding grid capacity based on a non-existent transformer, a "very serious infraction" per the CNMC, resulting in 101.76% capacity commitment and highlighting the need for improved grid planning.

Progress

40% Bias Score

Affordable and Clean Energy
dailymail.co.uk
🌐 85% Global Worthiness
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Bitcoin Hits Record High Above $108,000 Amid Trump's Crypto Support

Bitcoin reached a record high of over $108,000 following Trump's inauguration, driven by expectations of continued governmental support for cryptocurrencies, including Trump's launch of meme coins and his previous statements supporting a US strategic Bitcoin reserve.

Progress

52% Bias Score

Reduced Inequality