Tag #Economy

usa.chinadaily.com.cn
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China's $137.2 Billion Plan to Stabilize A-Share Market

China unveiled a multiyear plan to inject roughly $137.2 billion annually into its A-share market, starting in 2025, involving State-owned insurance companies, mutual funds, and a pilot program for insurers' long-term stock investment funds, aiming to boost investor confidence and stabilize the mark...

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44% Bias Score

Decent Work and Economic Growth
europe.chinadaily.com.cn
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China's Domestic Energy Boom Cuts Oil Imports

In 2024, China's total oil and gas production surpassed 400 million metric tons for the first time, driven by increased domestic exploration and technological innovation, resulting in a 1.9 percent decrease in crude oil imports as domestic demand for gasoline and diesel fell due to the rise of elect...

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36% Bias Score

Affordable and Clean Energy
cnbc.com
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S&P 500 Hits Record High Amid Mixed Stock Performances

The S&P 500 closed at a record high above 6100, driven by strong performances in industrial and financial sectors, while Electronic Arts plunged 17% due to weak demand; American Express reports earnings Friday.

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40% Bias Score

Decent Work and Economic Growth
dailymail.co.uk
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Plummeting Consumer Confidence Fuels UK Economic Gloom

A new survey reveals UK consumer confidence has fallen to its lowest level since December 2023, fueled by rising inflation, stagnant growth, and government policies impacting businesses, resulting in job cuts and reduced sales; the Chancellor is attempting to attract investment at the Davos World Ec...

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68% Bias Score

Decent Work and Economic Growth
gr.euronews.com
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European VC Investment Dips in 2024 Despite AI Boom and Venture Debt Surge

In 2024, total European VC investment decreased despite a rise in individual deal values and a surge in AI funding (€14.6 billion), while venture debt increased by 27.3% to €17.2 billion; PitchBook predicts subdued funding in 2025 but notes a positive trend of increasing exits.

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16% Bias Score

nbcnews.com
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UnitedHealthcare Names New CEO After Previous CEO's Murder

Following the December murder of its CEO Brian Thompson in Manhattan, UnitedHealthcare appointed Tim Noel, its head of Medicare and retirement, as the new CEO. The company's Q1 revenue missed Wall Street's expectations, and the incident has increased security concerns across the healthcare industry.

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40% Bias Score

Good Health and Well-being
usa.chinadaily.com.cn
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France and Germany Vow to Strengthen European Unity Amidst US Trade Uncertainty

French President Emmanuel Macron and German Chancellor Olaf Scholz met in Paris two days after US President Donald Trump's inauguration, vowing to strengthen European unity and independence in response to potential trade challenges, including warnings of retaliatory tariffs from Germany if the US in...

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44% Bias Score

Peace, Justice, and Strong Institutions
usa.chinadaily.com.cn
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China's Petroleum Consumption to Peak in 2025

In 2024, China's investment in non-fossil fuels comprised one-third of global investments, causing a 1.7% decrease in refined oil consumption year-on-year; consumption is expected to peak in 2025 at 382 million tons, driven by the rapid rise of renewable energy and electric vehicles.

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36% Bias Score

Affordable and Clean Energy
usa.chinadaily.com.cn
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China's Record Oil and Gas Production Reduces Reliance on Imports

In 2024, China's oil and gas production surpassed 400 million metric tons of oil equivalent for the first time, driven by increased domestic output and technological innovation, leading to a 1.9 percent decrease in crude oil imports as demand for gasoline and diesel fell due to the rise of electric ...

Progress

36% Bias Score

Affordable and Clean Energy
theglobeandmail.com
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Trump Freezes IRA Funds, Creating Clean Energy Uncertainty

President Trump's executive order freezes funding for the Inflation Reduction Act (IRA), creating uncertainty for clean energy projects and international collaborations; the order's impact on already-awarded funds and tax credits remains unclear, potentially triggering legal battles and affecting in...

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48% Bias Score

Climate Action
bbc.com
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Record Surge in UK Business Distress Amid Falling Consumer Confidence

UK businesses in critical financial distress jumped 50% in the last quarter of 2024 to 46,583, fueled by HMRC's tougher tax stance and falling consumer confidence amid rising costs and economic uncertainty.

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32% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
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Alberta Premier's U.S. Lobbying Effort Diverges from Canadian Strategy

Alberta Premier Danielle Smith is lobbying U.S. officials to secure exemptions for Canadian crude oil from potential tariffs, employing a strategy that emphasizes mutual economic benefit despite criticism for undermining national unity.

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52% Bias Score

Decent Work and Economic Growth