Tag #Economy

theglobeandmail.com
🌐 85% Global Worthiness
News related image

Trump's Tariffs: Canada's Response and Potential Economic Adaptation

Facing President Trump's threatened tariffs, Canada has responded with denial, accommodation, education, and retaliation, preparing for potential economic adaptation if free trade ends; this could reverse decades of economic integration.

Progress

56% Bias Score

Decent Work and Economic Growth
kathimerini.gr
🌐 85% Global Worthiness
News related image

Major Banks Abandon Climate Initiatives Amidst Political Uncertainty

Major banks, including JPMorgan, Citigroup, and Goldman Sachs, are abandoning climate initiatives, withdrawing billions from green funds and leaving alliances like the Net Zero Banking Alliance, due to concerns over political uncertainty and stringent regulations; the Federal Reserve also withdrew f...

Progress

48% Bias Score

Climate Action
repubblica.it
🌐 85% Global Worthiness
News related image

EU to Review 2035 Zero-Emission Vehicle Mandate Amidst Industry Concerns

Italy is pushing for a 2025 review of the EU's plan to mandate zero-emission vehicles by 2035, amid slow market growth (1% in 2024 compared to an 18% decline from 2019) and concerns about the transition's impact on the European automotive industry.

Progress

52% Bias Score

Climate Action
forbes.com
🌐 85% Global Worthiness
News related image

Trump Declares "Energy Emergency", Reverses Climate Policies

On his inauguration, President Trump declared a U.S. "energy emergency", focusing on boosting domestic oil and gas production by reversing Biden-era environmental regulations, withdrawing from the Paris Agreement, and aiming to regain control of the Panama Canal.

Progress

56% Bias Score

Climate Action
forbes.com
🌐 85% Global Worthiness
News related image

Europe Tightens Tourism Regulations Amid Record American Visits

In 2024, over 20 million Americans visited Europe, representing only 7% of total international tourists, prompting various European countries to implement tourist taxes, visitor caps, and short-term rental restrictions to address overtourism.

Progress

36% Bias Score

Sustainable Cities and Communities
cincodias.elpais.com
🌐 85% Global Worthiness
News related image

LVMH Overtakes Novo Nordisk as Europe's Most Valuable Company

LVMH has overtaken Novo Nordisk as Europe's most valuable company, with a market cap of €341 billion versus Novo Nordisk's €261 billion, due to strong performance in the luxury sector and concerns about Novo Nordisk's pricing in the US.

Progress

36% Bias Score

Reduced Inequality
forbes.com
🌐 85% Global Worthiness
News related image

Rinehart's Hancock Energy Drives Australian Gas Revival

Australian billionaire Gina Rinehart is rapidly expanding her Hancock Energy company through a series of acquisitions in Australia's Perth Basin, potentially partnering with Mitsui & Co., and exploring U.S. investment opportunities under the Trump administration, leveraging modern technology to revi...

Progress

60% Bias Score

Affordable and Clean Energy
edition.cnn.com
🌐 85% Global Worthiness
News related image

Trump's Policies Create Uncertainty for the Federal Reserve

President-elect Trump's potential policies, including mass deportations and tariffs, pose a significant challenge to the Federal Reserve's ability to accurately forecast economic indicators and set appropriate monetary policy due to heightened uncertainty, forcing the Fed to choose between immediate...

Progress

48% Bias Score

Decent Work and Economic Growth
lefigaro.fr
🌐 85% Global Worthiness
News related image

France Considers Taxing Wealthy Retirees to Fund Social Security

France's Minister of Labor proposed taxing retirees with pensions exceeding €2000-2500 per month to fund social security, potentially affecting 40% of retirees and generating €500-800 million annually, complementing a potential increase in weekly work hours to address a €2.5 billion funding gap.

Progress

48% Bias Score

Reduced Inequality
dw.com
🌐 85% Global Worthiness
News related image

Global Billionaire Wealth Soars to \$15 Trillion Amidst Rising Food Insecurity

Oxfam's report reveals a 204-billionaire increase in 2024, totaling 2,769 billionaires with a combined wealth of \$15 trillion, while 733 million people face food insecurity, highlighting extreme wealth inequality fueled by unfair tax policies.

Progress

48% Bias Score

Reduced Inequality
cnbc.com
🌐 85% Global Worthiness
News related image

DAX Hits Record High Despite Germany's Shrinking GDP

The DAX, Germany's blue-chip stock index, hit a record high on Monday despite Germany's GDP contracting for two consecutive years, a divergence driven by the DAX's strong export orientation and the outsized performance of a few key companies.

Progress

36% Bias Score

Decent Work and Economic Growth
lefigaro.fr
🌐 85% Global Worthiness
News related image

US Economic Dominance: Robust Growth Amidst Rising Debt and Trade Deficit

In 2024, the US economy, representing 26% of global GDP, showed 3.1% growth, exceeding the Eurozone's 0.8% and marked by low unemployment (4.1%) but high trade deficit ($84.4 billion in September) and rising national debt, prompting concerns in Europe about US economic dominance and potential trade ...

Progress

40% Bias Score

Decent Work and Economic Growth