Tag #Economy

corriere.it
🌐 85% Global Worthiness
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Markets Defy Doomsday Predictions on Trump's Tariffs

Despite media and economists predicting a catastrophic economic impact from potential new tariffs, financial markets remain calm, suggesting investors believe the tariffs will be a tactical move, possibly for negotiating leverage, and not an economic apocalypse. Trump's past policies and current pol...

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52% Bias Score

Decent Work and Economic Growth
theguardian.com
🌐 85% Global Worthiness
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UK Wealth Inequality Risks Societal Collapse Within a Decade: Report

A Fairness Foundation report reveals that 63% of Britons believe the very rich have too much political influence, and experts warn that growing wealth inequality, with a 48% increase in the wealth gap between 2011 and 2019, risks societal collapse within a decade due to factors such as economic shoc...

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56% Bias Score

Reduced Inequality
china.org.cn
🌐 85% Global Worthiness
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China's Rise in Global Innovation: Beijing, Shanghai, and Hong Kong Among Top 10

A new report ranks Beijing, Shanghai, and Hong Kong among the world's top 10 innovation cities, highlighting China's growing technological influence; the assessment, by the Shenzhen International Science and Technology Information Center, Tsinghua University, and Elsevier, evaluated 30 cities based ...

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32% Bias Score

Industry, Innovation, and Infrastructure
faz.net
🌐 85% Global Worthiness
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Deezer Develops System to Address AI-Generated Music Copyright Issues

Deezer, facing lawsuits against AI music startups for copyright infringement, is developing a system to identify and potentially exclude completely AI-generated songs from royalty payments, aiming to prevent royalty pool dilution and address industry concerns.

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48% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
🌐 85% Global Worthiness
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Trump's Tariff Threats Create Uncertainty for Canada

On the day of Donald Trump's inauguration, Canada experienced whiplash concerning threatened 25% tariffs on Canadian goods, highlighting the unpredictable nature of Trump's trade policy and its immediate impact on Canadian businesses and the potential for strategic alliances.

Progress

52% Bias Score

Reduced Inequality
kathimerini.gr
🌐 85% Global Worthiness
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Bank of Japan Raises Interest Rates, Breaking with Global Trend

The Bank of Japan raised its key interest rate to 0.5% on Friday, bucking the trend of other major central banks, driven by sustained inflation and rising wages that reached levels last seen in the early 1990s, before Japan's "lost decades".

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36% Bias Score

Decent Work and Economic Growth
theguardian.com
🌐 85% Global Worthiness
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UK Farm Inheritance Tax Faces Backlash Amidst Food Security Concerns

The UK government's new inheritance tax on farms worth over £1 million is facing strong opposition from farmers and major food retailers due to concerns about food security and the tax's potential impact on family farms. The OBR questions the Treasury's revenue projections, while experts suggest the...

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60% Bias Score

Reduced Inequality
theglobeandmail.com
🌐 85% Global Worthiness
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Social Media Investment Advice Leads to \$20,000 Loss for UK Investor

Amy Ryan, a 43-year-old from Wales, lost approximately \$20,000 after following investment advice from finance influencer Kevin Paffrath, highlighting the risks of relying on social media for financial guidance; the FTC reported nearly \$350 million in related fraud in the first half of 2023, emphas...

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40% Bias Score

Reduced Inequality
theglobeandmail.com
🌐 85% Global Worthiness
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Trump's Election Triggers Sharp Drop in Orsted's Share Price

Orsted, a Danish energy company, experienced a 15 percent share price drop following Donald Trump's election, due to his anti-renewable energy policies, resulting in billions of dollars in write-downs and project cancellations in the U.S. and impacting the global renewable energy sector.

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48% Bias Score

Climate Action
theglobeandmail.com
🌐 85% Global Worthiness
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U.S. Economic Weaknesses Undermine Trump's Expansionist Ambitions

The U.S. faces a substantial budget deficit exceeding 7% of its economic output and a growing current account deficit at 4.2% of GDP, creating economic constraints on President Trump's expansionist plans and potentially impacting average American households.

Progress

56% Bias Score

Reduced Inequality
kathimerini.gr
🌐 85% Global Worthiness
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Greece Opens Tender for Hydrocarbon Exploration Rights

Greece launched a tender for hydrocarbon exploration rights in the marine area south of Peloponnese, attracting bids from Chevron and HELLENiQ ENERGY; the process includes a 90-day public announcement, rigorous evaluation by EDEYEP, and final contract approval by the Parliament.

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44% Bias Score

Affordable and Clean Energy
elpais.com
🌐 85% Global Worthiness
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Banco Sabadell Returns Headquarters to Catalonia

Banco Sabadell, led by Chairman Josep Oliu, is returning its headquarters from Alicante to Catalonia in response to a failed hostile takeover bid by BBVA and improved political stability following recent regional elections; this move is intended to encourage other businesses to return to Catalonia.

Progress

48% Bias Score

Reduced Inequality