Tag #Economy

fr.euronews.com
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Trump's Davos Speech Boosts European Markets, Except Energy

President Trump's virtual Davos address spurred European stock market gains, particularly in the banking sector, while energy stocks fell due to lower oil prices following his call for OPEC price reductions; tech stocks showed mixed results.

Progress

44% Bias Score

Decent Work and Economic Growth
abcnews.go.com
🌐 85% Global Worthiness
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Lawmakers Investigate Trump's Meme Cryptocurrencies Amid Foreign Influence and Conflict of Interest Concerns

Democratic lawmakers are asking federal regulators to investigate President Trump and Melania Trump's meme cryptocurrencies, "$TRUMP" and "$MELANIA", valued at over $7.4 billion, due to concerns about foreign influence and conflicts of interest, citing the foreign emoluments clause.

Progress

56% Bias Score

Reduced Inequality
usa.chinadaily.com.cn
🌐 85% Global Worthiness
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China's 2027 Plan for Rural Revitalization and Income Growth

China plans to significantly advance rural vitalization and agricultural modernization by 2027, focusing on high-quality rural industry development to boost farmers' income, with per capita disposable income reaching 23,119 yuan in 2024.

Progress

32% Bias Score

No Poverty
english.kyodonews.net
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Mitsubishi Motors Considers Bypassing Nissan-Honda Merger

Mitsubishi Motors is considering opting out of the planned merger between Nissan and Honda, citing concerns over management control and the uncertain synergistic effects of a three-way consolidation amid the auto industry's technological shift towards electric vehicles and software; the decision fol...

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36% Bias Score

Decent Work and Economic Growth
forbes.com
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Trump's Fed Pressure Highlights Flaws in Central Banking

President Trump's public demand that the Federal Reserve lower interest rates has reignited the debate about the Fed's independence and its historical pattern of succumbing to political pressure, leading to asset bubbles, inflation, and wealth inequality, while the article proposes replacing the cur...

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60% Bias Score

Reduced Inequality
africa.chinadaily.com.cn
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China's Record Imports Defy Protectionism, Boosting Global Economy

In 2024, China imported a record 18 trillion yuan ($2.47 trillion), a 2.3 percent increase, defying global protectionism and solidifying its position as the world's second-largest importer for the 16th consecutive year; this strategy aims to boost global economic growth despite trade tensions with t...

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44% Bias Score

Decent Work and Economic Growth
it.euronews.com
🌐 85% Global Worthiness
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Meta's Ad Policy Faces Continued EU Scrutiny

Meta's revised "pay or consent" policy, launched in October 2023 and modified in November following EU regulatory pressure, allows users to pay €5.99 monthly for ad-free Facebook and Instagram access, but consumer advocates claim it still violates EU law.

Progress

44% Bias Score

Reduced Inequality
europe.chinadaily.com.cn
🌐 85% Global Worthiness
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Foreign Investment in China's A-Share Market Surges

International investors are pouring billions into China's A-share market, fueled by positive economic indicators, supportive government policies, and predictions of significant market growth in the coming years.

Progress

48% Bias Score

Decent Work and Economic Growth
abcnews.go.com
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Major Corporations Defy Shareholder Pressure, Maintain DEI Programs

Costco, Goldman Sachs, and JPMorgan Chase publicly defended their diversity, equity, and inclusion (DEI) initiatives against shareholder pressure, while other companies are ending similar programs amidst a broader national debate on the value and legality of such programs.

Progress

48% Bias Score

Gender Equality
english.kyodonews.net
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BOJ Raises Interest Rate to 0.5%, Highest in 17 Years

The Bank of Japan raised its key short-term interest rate to 0.5 percent on Friday, its highest level in 17 years, citing expectations for wage hikes and rising inflation, including a 3 percent increase in core consumer prices in December.

Progress

32% Bias Score

Reduced Inequality
cnbc.com
🌐 85% Global Worthiness
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BOJ Raises Rates to 0.5%, Highest Since 2008

The Bank of Japan raised interest rates by 25 basis points to 0.5% on Friday, its highest since 2008, due to sustained inflation and rising wages, resulting in a stronger yen and a slightly higher Nikkei index; the decision was an 8-1 vote.

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12% Bias Score

Decent Work and Economic Growth
china.org.cn
🌐 85% Global Worthiness
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WEF Meeting Highlights Weak Global Economy, Urges Cooperation Amid Protectionism Concerns

The 2025 World Economic Forum (WEF) annual meeting in Davos, Switzerland, highlighted a weak global economic recovery, with 56 percent of surveyed chief economists expecting a decline in 2025, while the IMF projects growth below the 2000-2019 average. Concerns over rising protectionism and geopoliti...

Progress

36% Bias Score

Decent Work and Economic Growth