Tag #Economy

europe.chinadaily.com.cn
🌐 85% Global Worthiness
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China's New Energy Storage Capacity Surges 130% in 2024

By the end of 2024, China's installed new energy storage capacity reached 73.76 million kilowatts, a 130 percent increase from 2023, driven by renewable energy integration and government support for its dual-carbon goals; the top five regions are Inner Mongolia, Xinjiang, Shandong, Jiangsu, and Ning...

Progress

44% Bias Score

Affordable and Clean Energy
africa.chinadaily.com.cn
🌐 85% Global Worthiness
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China's New Energy Storage Capacity Surges 130% in 2024

China's new energy storage installed capacity reached 73.76 million kilowatts by the end of 2024, a 130 percent increase from 2023, driven by renewable energy growth and supported by government investment exceeding 200 billion yuan since 2021.

Progress

44% Bias Score

Affordable and Clean Energy
elpais.com
🌐 85% Global Worthiness
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Spanish Parliament Rejects Key Social Protection Decree, Affecting Millions

The Spanish parliament's rejection of Royal Decree-Law 9/2024, a social protection measure, has immediately reduced the income of millions due to cuts in transport subsidies and pension revaluations, highlighting political gridlock.

Progress

52% Bias Score

Reduced Inequality
theguardian.com
🌐 85% Global Worthiness
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Trump's Tariff Threats: Global Economic Uncertainty

Donald Trump's threatened tariffs on foreign goods, potentially impacting businesses in China, Mexico, the UK, and Canada, could result in significant economic consequences such as reduced sales, price increases, and supply chain disruptions.

Progress

48% Bias Score

Decent Work and Economic Growth
europe.chinadaily.com.cn
🌐 85% Global Worthiness
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Global Trade Booms Despite Protectionist Headwinds

Despite protectionist pressures, global trade is booming, projected to hit $33 trillion in 2024, driven by digital trade and services; however, ensuring inclusive growth requires addressing income inequality and promoting open development policies.

Progress

56% Bias Score

Reduced Inequality
dw.com
🌐 85% Global Worthiness
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Musk's DOGE Denied West Wing Office; $2 Trillion Budget Cut Target

Elon Musk's Department Of Government Efficiency (DOGE) will be based outside the West Wing, focusing on a $2 trillion US budget reduction, despite his initial request for a West Wing office. This decision was made by White House Chief of Staff Susie Wiles due to concerns regarding Musk's collaborati...

Progress

52% Bias Score

Reduced Inequality
cbsnews.com
🌐 85% Global Worthiness
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Trump's Deportation Threat Jeopardizes American Agriculture

The Trump administration's threat to deport millions of undocumented immigrants poses a significant threat to the already struggling American agricultural industry, which is facing a labor shortage and a 7% decline in farms from 2017-2022.

Progress

64% Bias Score

Decent Work and Economic Growth
lexpansion.lexpress.fr
🌐 85% Global Worthiness
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South Korea Faces Economic Slowdown Amidst Political Crisis

South Korea's political crisis, marked by the president's arrest and martial law proclamation, coincides with a slowing economy, declining growth projections (1.8% for 2025), and challenges to its export-driven model, particularly in the face of Chinese competition.

Progress

44% Bias Score

Decent Work and Economic Growth
elpais.com
🌐 85% Global Worthiness
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High-Speed Rail Subsidy Cut Triples Cost for Thousands of Spanish Commuters

The Spanish government's rejection of a bill that included a 50% discount on high-speed rail between Valladolid, Segovia, and Madrid has tripled the cost for thousands of daily commuters, impacting regional development and reversing population growth trends.

Progress

48% Bias Score

Reduced Inequality
theguardian.com
🌐 85% Global Worthiness
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UK Housing Crisis: Inefficient Building Strategy Ignores Systemic Issues

The UK government's housing policy prioritizes building 1.5 million homes over five years through six volume housebuilders, failing to address underlying issues like maldistributed housing, investor demand, and the outdated property tax system, leading to an inefficient and unsustainable solution.

Progress

56% Bias Score

Reduced Inequality
dw.com
🌐 85% Global Worthiness
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Hungary's Economic Crisis: Recession, Frozen EU Funds, and Political Uncertainty

Hungary's economy faces a deep crisis marked by recession, reduced investments (down 11%), high inflation (food prices up to 50% in two years), and frozen EU funds (22.5 billion euros) due to rule of law concerns, creating challenges for businesses and consumers, while the government's economic poli...

Progress

60% Bias Score

No Poverty
theglobeandmail.com
🌐 85% Global Worthiness
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Trump Threatens 25% Tariffs on Canadian, Mexican Goods

President Trump announced potential 25% tariffs on Canadian and Mexican goods starting February 1st, prompting concerns about economic disruption across North America due to integrated supply chains; investigations into various trade issues are also underway, with reports due by April 1st.

Progress

16% Bias Score

Decent Work and Economic Growth