Tag #Economy

theguardian.com
🌐 90% Global Worthiness
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Trump Threatens Tariffs, Reverses Green Energy Funding

President Trump threatened 10% tariffs on Chinese goods starting February 1st, citing fentanyl trafficking, and also plans tariffs on the EU due to a $350 billion trade deficit; he also halted $300 billion in green energy funding and withdrew from the global minimum corporate tax agreement, while la...

Progress

48% Bias Score

Reduced Inequality
china.org.cn
🌐 85% Global Worthiness
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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

Reduced Inequality
elpais.com
🌐 85% Global Worthiness
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Sabadell to Return HQ to Catalonia Amid BBVA Takeover

Banco Sabadell plans to return its headquarters to Catalonia on October 25th, 2023, reversing a 2017 move to Alicante due to political instability, amidst a hostile takeover bid by BBVA and following similar moves by four other companies.

Progress

44% Bias Score

Sustainable Cities and Communities
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
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
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
bbc.com
🌐 90% Global Worthiness
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Trump Announces $500 Billion Private Investment in US AI Infrastructure

President Trump announced a $500 billion private-sector investment in US AI infrastructure, dubbed "Stargate," projected to create 100,000 jobs and spearheaded by OpenAI, Oracle, SoftBank, and Arm, with $100 billion immediately allocated.

Progress

40% Bias Score

Industry, Innovation, and Infrastructure
elpais.com
🌐 85% Global Worthiness
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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

Peace, Justice, and Strong Institutions
dailymail.co.uk
🌐 85% Global Worthiness
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Activist Investor Challenges Board of £1.4 Billion Herald Investment Trust

Boaz Weinstein's Saba Capital is challenging the board of the £1.4 billion Herald Investment Trust, highlighting concerns about corporate governance and shareholder engagement in the UK investment trust sector; similar past events with Alliance Trust, Electra, and Foreign & Colonial demonstrate a re...

Progress

56% 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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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
gr.euronews.com
🌐 85% Global Worthiness
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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

Industry, Innovation, and Infrastructure