Tag #Economy

nos.nl
🌐 85% Global Worthiness
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DeepSeek's Low-Cost AI Chatbot Shakes Up Global Tech Industry

DeepSeek, a Chinese company, created a competitive AI chatbot for \$6 million, drastically undercutting Western competitors and causing a 9% drop in ASML's stock price due to reduced chip demand.

Progress

40% Bias Score

Reduced Inequality
nos.nl
🌐 85% Global Worthiness
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DeepSeek's Low-Cost AI Chatbot Shakes Up Global Chip Market

DeepSeek's new AI chatbot, developed for \$6 million, performs comparably to Western competitors costing tens of millions, causing a 9% drop in ASML's share price and over 10% for Besi and ASM International due to reduced chip demand; this challenges assumptions about AI development costs and US san...

Progress

48% Bias Score

Reduced Inequality
pda.kp.ru
🌐 85% Global Worthiness
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Russia Raises Social Benefits by 9.5% to Combat Inflation

The Russian government increased over 40 social payments by 9.5% starting February 1st, 2025, impacting veterans, families with children, and disability beneficiaries, in response to inflation; increases include mother capital and child birth allowances.

Progress

52% Bias Score

No Poverty
english.elpais.com
🌐 85% Global Worthiness
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Italy Targets Fake Online Reviews with New Bill

Italy's government approved a bill to combat fake online reviews, mandating user identification, proof of purchase, and a 15-day review window for restaurants and hotels, aiming to protect businesses and consumers from misleading information and unfair competition.

Progress

32% Bias Score

Reduced Inequality
spanish.china.org.cn
🌐 85% Global Worthiness
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Soaring Demand for Chilean Cherries in China

Driven by the Lunar New Year, imported Chilean cherries are experiencing record sales in China across online and physical stores, boosted by efficient logistics and a 2005 free trade agreement resulting in over 80% of Chilean cherry exports going to China.

Progress

48% Bias Score

Zero Hunger
nos.nl
🌐 85% Global Worthiness
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Dutch Industrial Sustainability Projects Delayed Due to Grid Capacity Issues

In a specific region of the Netherlands, 75% of sustainability projects for 400 energy-intensive companies are delayed past 2030 due to insufficient grid capacity and prolonged permitting, resulting in higher energy costs compared to neighboring countries and threatening over 200,000 jobs.

Progress

52% Bias Score

Affordable and Clean Energy
cnbc.com
🌐 85% Global Worthiness
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Market Rotation Away From Tech Stocks Amidst DeepSeek Concerns

Jim Cramer discusses the market's rotation away from tech stocks, highlighting the strong performance of Abbott Laboratories and Capital One, while expressing concerns about DeepSeek's impact on Nvidia and the market's overbought condition.

Progress

52% Bias Score

Decent Work and Economic Growth
nos.nl
🌐 85% Global Worthiness
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DeepSeek's Low-Cost AI Chatbot Shakes Up Global Tech Industry

DeepSeek's new AI chatbot rivals Western counterparts but cost only $6 million to develop, raising concerns for Dutch chip makers whose stock prices dropped significantly following the news and prompting questions about the true extent of China's computing power.

Progress

48% Bias Score

Reduced Inequality
politico.eu
🌐 85% Global Worthiness
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Trump's Re-election Spurs EU Trade Push

Facing potential US tariffs under a second Trump administration, the European Union rapidly concluded stalled trade deals with Mercosur and Mexico and launched new talks with Malaysia and India, marking a significant shift in its trade strategy.

Progress

44% Bias Score

Decent Work and Economic Growth
elpais.com
🌐 85% Global Worthiness
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Spain's Sixth Budget Extension Exacerbates Political Crisis and Delays Social Programs

Spain's government is operating under a sixth budget extension in a decade, affecting 12 million pensioners and delaying aid for flood victims in Valencia, while seven regions also lack approved budgets, creating uncertainty and political gridlock.

Progress

44% Bias Score

Reduced Inequality
german.china.org.cn
🌐 85% Global Worthiness
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China's Lunar New Year 2024: Record Spending Fuels Economic Boom

China's 2024 Lunar New Year saw record-breaking travel (273 million domestic trips on January 20th, a 17.3% year-on-year increase) and consumption, boosting the economy as consumers embraced traditional and modern trends, with increased demand for experiences, cultural tourism, cinema, and a rise in...

Progress

52% Bias Score

Decent Work and Economic Growth
cnbc.com
🌐 85% Global Worthiness
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Trump's Economic Policies Spark Record Market High Amidst Divided Expert Opinions

President Trump's early actions have led to positive market reactions, with the S&P 500 hitting a record high, despite some concerns about market overvaluation; however, opinions among business leaders are divided on the long-term outlook, with some expressing optimism and others warning of potentia...

Progress

48% Bias Score

Decent Work and Economic Growth