Tag #Economy

dailymail.co.uk
🌐 85% Global Worthiness
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UK Borrowing Surges to Four-Year High, Raising Fiscal Concerns

The UK government's December borrowing hit a four-year high of £17.8 billion, exceeding expectations and raising concerns about the Chancellor's fiscal rules amid increased debt interest and spending.

Progress

48% Bias Score

Reduced Inequality
faz.net
🌐 85% Global Worthiness
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German Businesses Face Significant AI Skills Gap, Hindering Economic Growth

German businesses are facing a significant AI skills gap, with over a third lacking application competence in automation and roughly 20 percent struggling with content creation and data-driven decisions, hindering potential productivity gains of up to 19 percent and €300 billion in value from genera...

Progress

36% Bias Score

Quality Education
liberation.fr
🌐 85% Global Worthiness
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Trump Threatens Tariffs on China and EU

President Trump announced 10% tariffs on Chinese goods starting February 1st and threatened similar measures against the EU, citing unfair trade practices and the flow of fentanyl from China into the US, following similar actions against Mexico and Canada.

Progress

60% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
🌐 85% Global Worthiness
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Smithfield Foods Targets $10.73 Billion Valuation in Landmark IPO

Smithfield Foods, the largest U.S. pork processor, is targeting a $10.73 billion valuation in its New York IPO, its largest since 2021, raising up to $939.6 million by offering 17.4 million shares priced between $23 and $27; the company plans to reduce pig production by 21% in 2024 compared to this ...

Progress

40% Bias Score

Decent Work and Economic Growth
china.org.cn
🌐 85% Global Worthiness
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China Urges Multilateralism and Inclusive Development at Davos 2025

At the 2025 World Economic Forum in Davos, Chinese Vice Premier Ding Xuexiang urged global cooperation on multilateralism and inclusive development, outlining four key recommendations and highlighting China's commitment to high-quality growth, green transition, and further opening up, based on Presi...

Progress

8% Bias Score

Reduced Inequality
tr.euronews.com
🌐 85% Global Worthiness
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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
dailymail.co.uk
🌐 85% Global Worthiness
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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
dailymail.co.uk
🌐 85% Global Worthiness
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Wall Street Activist Challenges Veteran Stock Picker in London Investment Trust Power Struggle

Boaz Weinstein's Saba Capital is attempting to seize control of seven London-listed investment trusts, including Herald Investment Trust, led by Katie Potts, in a vote today that could reshape the industry.

Progress

52% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
🌐 85% Global Worthiness
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Netflix's Record Subscriber Growth Fuels Price Hikes and Stock Surge

Netflix added a record 18.9 million subscribers in Q4 2024, exceeding expectations due to live sports and "Squid Game," prompting price increases across various plans in the US, Canada, Portugal, and Argentina and resulting in a 13 percent stock surge.

Progress

12% Bias Score

Reduced Inequality
china.org.cn
🌐 85% Global Worthiness
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China Unveils Plan to Strengthen NEV Sector Through Technological Advancements and Infrastructure Development

China plans to bolster its new energy vehicle (NEV) sector by prioritizing new system battery technology and expanding battery-swapping infrastructure, leveraging its current manufacturing dominance and extensive charging network to maintain its global leadership in the NEV market.

Progress

32% Bias Score

Decent Work and Economic Growth
elmundo.es
🌐 85% Global Worthiness
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Spain's Housing Tax Plan Backfires, Fueling Sales Surge

Spain's plan to tax international homebuyers, potentially up to 100% for non-Europeans, has unexpectedly fueled a surge in sales as buyers rush to avoid higher taxes; this mirrors Canada's extended ban on foreign buyers.

Progress

52% Bias Score

Reduced Inequality
politico.eu
🌐 85% Global Worthiness
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Davos 2024: Eleven Tribes of Influence

The 2024 World Economic Forum in Davos, Switzerland, categorized attendees into eleven groups based on their status, access, and influence, ranging from the elite '1 percent of the 1-percenters' with exclusive privileges to the press with limited access, reflecting power dynamics and economic inequa...

Progress

64% Bias Score

Reduced Inequality