Tag #Economy

apnews.com
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Trump Meme Coin Launch Shakes Cryptocurrency Industry

President Trump and First Lady Melania Trump launched their own meme coins, creating controversy within the cryptocurrency industry, which hoped for pro-crypto regulation under the Trump administration but now fears that this undermines efforts to legitimize digital assets.

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64% Bias Score

Reduced Inequality
cnbc.com
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ECB Unconcerned About Imported Inflation, to Continue Gradual Rate Cuts

ECB President Christine Lagarde stated on Wednesday that the institution is not overly concerned about imported inflation from the U.S. and will continue to gradually cut interest rates; Eurozone inflation was 2.4% in December, and the ECB aims to reach its 2% inflation target by 2025.

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36% Bias Score

Decent Work and Economic Growth
africa.chinadaily.com.cn
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RCEP: World's Largest Trade Agreement Faces Sustainability and Geopolitical Challenges

The Regional Comprehensive Economic Partnership (RCEP), effective January 1, 2022, is the world's largest free trade agreement, encompassing 15 Asia-Pacific nations and impacting roughly one-third of global GDP and population, by reducing tariffs and non-tariff barriers.

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44% Bias Score

Decent Work and Economic Growth
spanish.china.org.cn
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China's Booming Imported Fruit Market: A 40% Kiwi Surge and $2.8B Cherry Boom

Driven by rising demand for premium fruits, China's imported fruit market saw a 15% CAGR (2014-2023), with New Zealand kiwifruit sales surging 40% in 2024 and Chilean cherry imports exceeding $2.8 billion (Jan-Nov 2024).

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48% Bias Score

Reduced Inequality
dw.com
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Davos Protest: Young Activists Demand Higher Taxes, Greater Influence

Hundreds of young people protested at the snowy Davos World Economic Forum, demanding higher taxes on the wealthy and criticizing the forum's influence, briefly blocking a main road; some young activists, invited as Global Shapers, aimed to build bridges while advocating for change.

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36% Bias Score

Reduced Inequality
theglobeandmail.com
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Unpassed Tax Changes Create Uncertainty for Canadian Asset Managers

Canadian asset managers face uncertainty in filing 2024 tax returns for investment funds due to unpassed federal capital gains tax changes proposed in the 2024 budget, potentially requiring re-filing and amended tax slips if the changes don't pass.

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52% Bias Score

Reduced Inequality
cnbc.com
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US-EU Trade War Looms Amidst Defense Spending Dispute

Spanish Prime Minister Pedro Sanchez warned against a US-EU trade war while President Trump threatened tariffs, highlighting economic and defense spending disagreements; the EU commissioner vowed a proportionate response to any tariffs.

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44% Bias Score

Peace, Justice, and Strong Institutions
smh.com.au
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WA Government Funds $175,000 Rare Earth Research Project

The WA Government provided $175,000 to RSC Consulting for research into rare earth extraction in the Yilgarn region, involving collaborations with junior mining firms like Terrain Minerals and Dreadnought Resources and Curtin University to establish a new rare earth province and unlock the region's ...

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36% Bias Score

Industry, Innovation, and Infrastructure
spanish.china.org.cn
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US Tariffs on China Risk Inflation, Prompting Measured Chinese Response

Economists warn that potential US tariffs on Chinese goods risk increasing inflation and slowing US growth; China plans measured internal market stimulation to counter this, aiming for around 5% GDP growth in 2025.

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40% Bias Score

Decent Work and Economic Growth
french.china.org.cn
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US Tariffs on China: Inflationary Risks and China's Response

Economists predict that the US's planned massive tariffs on Chinese goods will increase inflation and slow US economic growth, while China plans measured policy responses to boost domestic demand and maintain its 5% GDP growth target in 2025.

Progress

48% Bias Score

Reduced Inequality
dw.com
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Undefined Borders Expose Refugees, Greece Aims for Gallium Monopoly

Unresolved border disputes between Greece and Turkey leave refugees vulnerable, as highlighted by a new Forensis map, while Greece plans to become the EU's sole gallium supplier by 2028.

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24% Bias Score

Peace, Justice, and Strong Institutions
faz.net
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Trump's $500 Billion AI Investment Spurs Global Market Surge

US President Trump announced a $500 billion investment in AI infrastructure, led by tech companies including OpenAI and Oracle, creating a joint venture called Stargate; this announcement caused significant stock market gains in Asia and the US.

Progress

36% Bias Score

Decent Work and Economic Growth