Tag #Economy

apnews.com
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Trump Meme Coin Launch Shakes Cryptocurrency Industry

President Trump and First Lady Melania Trump launched their own meme coins, creating controversy within the cryptocurrency industry, which hoped for pro-crypto regulation under the Trump administration but now fears that this undermines efforts to legitimize digital assets.

Progress

64% Bias Score

Reduced Inequality
europe.chinadaily.com.cn
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China Unveils Targeted Measures to Boost NEV Sector Growth

China's Ministry of Industry and Information Technology announced targeted measures to boost its new energy vehicle (NEV) sector, focusing on technological advancements in new system batteries and infrastructure development, as part of broader efforts to stabilize key industries and drive economic g...

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40% Bias Score

Industry, Innovation, and Infrastructure
chinadaily.com.cn
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RCEP: Lowering Trade Costs Amidst Global Uncertainty

The Regional Comprehensive Economic Partnership (RCEP), encompassing 15 Asia-Pacific nations, entered its third year on January 1, 2022, significantly reducing trade costs by eliminating tariffs on over 90% of traded goods and lowering non-tariff barriers, despite global trade cost increases due to ...

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40% Bias Score

Decent Work and Economic Growth
apnews.com
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Netflix Q4 2024 Results: Record Subscriber Growth Fueled by Live Programming

Netflix added nearly 19 million subscribers in Q4 2024, exceeding expectations due to live programming such as a Jake Paul boxing match and NFL games; revenue reached \$10.2 billion, up 16% year-over-year, and the company announced price increases in several markets.

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44% Bias Score

Reduced Inequality
europe.chinadaily.com.cn
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Xizang's GDP Grows 6.3 Percent in 2024, Driven by Foreign Trade Surge

Xizang's 2024 GDP reached $37.96 billion (a 6.3 percent increase), driven by a 15.4 percent surge in foreign trade to $1.7 billion, facilitated by new infrastructure and supportive government policies; per capita disposable income rose 8.2 percent.

Progress

48% Bias Score

No Poverty
europe.chinadaily.com.cn
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US Tariffs on China Risk Inflation, Slowing Growth

The US plans to impose massive tariffs on China, potentially increasing inflation and slowing US economic growth; economists predict higher consumer prices and disrupted US supply chains; China plans to counteract with domestic market revitalization and a 5% GDP growth target for 2025.

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40% Bias Score

Reduced Inequality
dailymail.co.uk
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UK Government Intervention Limits Car Finance Mis-selling Payouts, Boosting Lender Shares

The UK Treasury is seeking to limit compensation payouts in a multi-billion pound car finance mis-selling case, causing shares in affected lenders to rise sharply, despite the potential for industry disruption.

Progress

48% Bias Score

Reduced Inequality
us.cnn.com
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Trump Threatens 10% Tariff on All Chinese Goods

President Donald Trump threatened a 10% tariff on all Chinese goods starting February 1st, citing fentanyl trafficking through Mexico and Canada, despite market concerns about inflation; he also threatened tariffs on Mexico and Canada on Monday.

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40% Bias Score

Reduced Inequality
forbes.com
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Lenovo Acquires Infinidat to Expand into High-End Enterprise Storage

Lenovo is acquiring Infinidat, a high-end enterprise storage provider specializing in cyber-resilient, AI-driven solutions, to expand its market reach and compete more effectively against established players like Dell, IBM, and NetApp; the acquisition is expected to close in the second half of 2025.

Progress

40% Bias Score

Industry, Innovation, and Infrastructure
elpais.com
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Sabadell's Return to Catalonia: Political Stakes High Amidst BBVA Takeover

Banco Sabadell, headquartered in Alicante since 2017, is considering returning to Catalonia, a move with significant political implications amid BBVA's takeover attempt and Spain's ongoing recovery from the 2017 independence crisis.

Progress

56% Bias Score

Peace, Justice, and Strong Institutions
tr.euronews.com
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EU Diversifies Trade to Counter US Tariff Threats

The EU is rapidly forging new trade deals with Mexico, Malaysia, India, Mercosur, and Switzerland to counteract potential US tariffs, seeking to diversify export markets and mitigate economic risks.

Progress

36% Bias Score

Decent Work and Economic Growth
nbcnews.com
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Disney's "Moana 2" Surpasses \$1 Billion at Box Office

Moana 2" surpassed \$1 billion in global box office revenue during the Martin Luther King Jr. Day weekend, making it Disney's third billion-dollar film of 2024 and highlighting a significant recovery for the studio after shifting its distribution strategy away from streaming-first releases.

Progress

40% Bias Score

Decent Work and Economic Growth