Tag #Economy

cnbc.com
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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...

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40% Bias Score

Decent Work and Economic Growth
forbes.com
🌐 85% Global Worthiness
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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...

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44% Bias Score

Decent Work and Economic Growth
it.euronews.com
🌐 85% Global Worthiness
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Global Trade War Looms Amidst EU-China Electric Vehicle Dispute

The EU's tariffs on Chinese electric vehicles, and subsequent Chinese retaliation, threaten a global trade war, potentially disrupting supply chains and raising prices like during the pandemic; tensions with the US under Trump further complicate the situation.

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36% Bias Score

Decent Work and Economic Growth
europe.chinadaily.com.cn
🌐 85% Global Worthiness
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RCEP: Lowering Trade Costs Amidst Geopolitical Uncertainty

The Regional Comprehensive Economic Partnership (RCEP), effective January 1, 2022, is the world's largest free trade agreement, comprising 15 Asia-Pacific nations, significantly lowering trade costs by eliminating tariffs on over 90% of goods and reducing non-tariff barriers, despite criticisms of i...

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36% Bias Score

Decent Work and Economic Growth
nbcnews.com
🌐 85% Global Worthiness
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Netflix Q4 Earnings Surpass Expectations, Stock Soars 13%

Netflix exceeded Q4 2024 earnings expectations, reporting $10.25 billion in revenue and $4.27 EPS, exceeding forecasts; this success was driven by record subscriber growth (19 million net additions) and a diverse content slate, including "Squid Game" season 2 and live sports; the company's stock soa...

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40% Bias Score

Reduced Inequality
nbcnews.com
🌐 85% Global Worthiness
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Disney's "Moana 2" Surpasses \$1 Billion at Box Office

Moana 2" surpassed \$1 billion in global box office revenue during the Martin Luther King Jr. Day weekend, making it Disney's third billion-dollar film of 2024 and highlighting a significant recovery for the studio after shifting its distribution strategy away from streaming-first releases.

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40% Bias Score

Decent Work and Economic Growth
forbes.com
🌐 85% Global Worthiness
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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.

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60% Bias Score

Good Health and Well-being
us.cnn.com
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Trump Threatens 10% Tariff on All Chinese Goods

President Donald Trump threatened a 10% tariff on all Chinese goods starting February 1st, citing fentanyl trafficking through Mexico and Canada, despite market concerns about inflation; he also threatened tariffs on Mexico and Canada on Monday.

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40% Bias Score

Reduced Inequality
npr.org
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Trump Threatens 25% Tariffs on Canada and Mexico

President Trump is considering imposing 25% tariffs on imports from Canada and Mexico by February 1st to curb illegal immigration and drug trafficking, potentially igniting a trade war with major economic consequences for the United States and its neighbors.

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44% Bias Score

Reduced Inequality
apnews.com
🌐 85% Global Worthiness
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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
🌐 85% Global Worthiness
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Trump Announces Major AI Investment Amidst Market Volatility

President Trump announced a $100 billion AI infrastructure investment with tech giants, the SEC launched a crypto task force, and markets surged on his delayed tariff actions, but concerns about future trade policies remain.

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40% Bias Score

Decent Work and Economic Growth
africa.chinadaily.com.cn
🌐 85% Global Worthiness
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China's Steel Industry: Navigating Decline Amidst Continued Global Dominance

China is expected to remain the world's largest steel producer and consumer in 2025, driven by increased demand from new energy vehicles, household appliances, and shipbuilding, despite a projected overall decrease in demand; however, the decline is expected to slow. The country is facing challenges...

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32% Bias Score

Industry, Innovation, and Infrastructure