Europe's Unity and Self-Reliance in Response to Trump Presidency
At a Euronews event in Davos, European leaders discussed bolstering unity and competitiveness amidst President Trump's inauguration, emphasizing increased defense spending, digital investments, and deeper integration to counter potential US isolationism.
Europe's Unity and Self-Reliance in Response to Trump Presidency
At a Euronews event in Davos, European leaders discussed bolstering unity and competitiveness amidst President Trump's inauguration, emphasizing increased defense spending, digital investments, and deeper integration to counter potential US isolationism.
Progress
36% Bias Score
BOJ Poised for Rate Hike Amid Inflation and Yen Weakness
The Bank of Japan is expected to raise its benchmark interest rate by 0.25% this week to 0.5%, the highest since 2008, driven by sustained inflation, yen weakness, and a shift in the BOJ's public statements. Eighteen of nineteen economists polled by CNBC predict the hike, despite risks from weak hou...
BOJ Poised for Rate Hike Amid Inflation and Yen Weakness
The Bank of Japan is expected to raise its benchmark interest rate by 0.25% this week to 0.5%, the highest since 2008, driven by sustained inflation, yen weakness, and a shift in the BOJ's public statements. Eighteen of nineteen economists polled by CNBC predict the hike, despite risks from weak hou...
Progress
40% Bias Score
Davos CEOs Debate AI's Transformative Potential and Job Displacement Risks
At the 2024 World Economic Forum in Davos, CEOs from Mubadala, Edelman, Randstad, Mistral, and Lloyds Banking Group, along with economist Larry Summers, discussed AI's transformative potential, highlighting both immense opportunities and significant job displacement risks, emphasizing the need for g...
Davos CEOs Debate AI's Transformative Potential and Job Displacement Risks
At the 2024 World Economic Forum in Davos, CEOs from Mubadala, Edelman, Randstad, Mistral, and Lloyds Banking Group, along with economist Larry Summers, discussed AI's transformative potential, highlighting both immense opportunities and significant job displacement risks, emphasizing the need for g...
Progress
48% Bias Score
Trump Memo Orders Review of Unfair Foreign Trade Practices
President Trump's January 20 Memorandum on America First Trade Policy directs executive agencies to report by April 1 on actions to counter unfair foreign trade practices, focusing on using Anticompetitive Market Distortions analysis for effective remedies and potentially forming international coali...
Trump Memo Orders Review of Unfair Foreign Trade Practices
President Trump's January 20 Memorandum on America First Trade Policy directs executive agencies to report by April 1 on actions to counter unfair foreign trade practices, focusing on using Anticompetitive Market Distortions analysis for effective remedies and potentially forming international coali...
Progress
44% Bias Score
Italy Faces Billions in Liabilities from Failing Public Companies
Thousands of Italian public companies are in liquidation or facing insolvency, leaving millions in unpaid debts; the government faces potential massive liabilities from European Court of Human Rights rulings.
Italy Faces Billions in Liabilities from Failing Public Companies
Thousands of Italian public companies are in liquidation or facing insolvency, leaving millions in unpaid debts; the government faces potential massive liabilities from European Court of Human Rights rulings.
Progress
56% Bias Score
China Urges Multilateralism and Inclusive Growth at Davos
In Davos, Chinese Vice Premier Ding Xuexiang urged global cooperation for inclusive development, echoing President Xi's 2017 call for multilateralism, and outlined China's commitment to high-quality growth, green initiatives, and further opening up, meeting with several world leaders and business ex...
China Urges Multilateralism and Inclusive Growth at Davos
In Davos, Chinese Vice Premier Ding Xuexiang urged global cooperation for inclusive development, echoing President Xi's 2017 call for multilateralism, and outlined China's commitment to high-quality growth, green initiatives, and further opening up, meeting with several world leaders and business ex...
Progress
20% Bias Score
Australian Market Rises on Tech Boom, Mining Concerns
The Australian sharemarket closed higher on Wednesday, with tech stocks surging 2.4% due to a new US$500 billion AI investment, while mining stocks fell on concerns over potential US tariffs on Chinese imports; the Australian dollar slightly decreased to US62.62¢.
Australian Market Rises on Tech Boom, Mining Concerns
The Australian sharemarket closed higher on Wednesday, with tech stocks surging 2.4% due to a new US$500 billion AI investment, while mining stocks fell on concerns over potential US tariffs on Chinese imports; the Australian dollar slightly decreased to US62.62¢.
Progress
52% Bias Score
European CEOs Demand Regulatory Overhaul to Match US Competitiveness
European CEOs are urging the EU to significantly reduce regulations to boost competitiveness, mirroring U.S. deregulation efforts under President Trump; concerns include relocation of businesses, stifled innovation, and lagging economic growth.
European CEOs Demand Regulatory Overhaul to Match US Competitiveness
European CEOs are urging the EU to significantly reduce regulations to boost competitiveness, mirroring U.S. deregulation efforts under President Trump; concerns include relocation of businesses, stifled innovation, and lagging economic growth.
Progress
60% Bias Score
CMS Drug Price Controls Under IRA Threaten Pharmaceutical Innovation
CMS announced price negotiations for 15 drugs under the IRA, imposing penalties up to 95% of U.S. sales for non-compliance; this discourages R&D, potentially resulting in fewer new drugs and harming patients, with studies projecting a loss of 135 new drugs and $663 billion in R&D spending by 2039.
CMS Drug Price Controls Under IRA Threaten Pharmaceutical Innovation
CMS announced price negotiations for 15 drugs under the IRA, imposing penalties up to 95% of U.S. sales for non-compliance; this discourages R&D, potentially resulting in fewer new drugs and harming patients, with studies projecting a loss of 135 new drugs and $663 billion in R&D spending by 2039.
Progress
60% Bias Score
European CEOs Warn of Lagging Competitiveness Under Trump's Second Term
At the Davos World Economic Forum, European CEOs express alarm that Europe risks lagging behind the US under Trump's second term, citing overregulation and a need for increased competitiveness to avoid becoming a mere "museum".
European CEOs Warn of Lagging Competitiveness Under Trump's Second Term
At the Davos World Economic Forum, European CEOs express alarm that Europe risks lagging behind the US under Trump's second term, citing overregulation and a need for increased competitiveness to avoid becoming a mere "museum".
Progress
48% Bias Score
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.
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
Sabadell's Return to Catalonia: Political Stakes High Amidst BBVA Takeover
Banco Sabadell, headquartered in Alicante since 2017, is considering returning to Catalonia, a move with significant political implications amid BBVA's takeover attempt and Spain's ongoing recovery from the 2017 independence crisis.
Sabadell's Return to Catalonia: Political Stakes High Amidst BBVA Takeover
Banco Sabadell, headquartered in Alicante since 2017, is considering returning to Catalonia, a move with significant political implications amid BBVA's takeover attempt and Spain's ongoing recovery from the 2017 independence crisis.
Progress
56% Bias Score