Tag #Economy

europe.chinadaily.com.cn
🌐 85% Global Worthiness
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China Unveils Sweeping Policies to Dominate Global NEV Market

China's Ministry of Industry and Information Technology will implement policies to boost its leading NEV sector, including promoting battery swapping, electrifying public transport, offering incentives, and optimizing the dual-credit policy, aiming to solidify its global dominance in the market and ...

Progress

44% Bias Score

Industry, Innovation, and Infrastructure
nos.nl
🌐 85% Global Worthiness
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DeepSeek's Low-Cost AI Chatbot Shakes Up Global Tech Industry

DeepSeek's new AI chatbot rivals Western counterparts but cost only $6 million to develop, raising concerns for Dutch chip makers whose stock prices dropped significantly following the news and prompting questions about the true extent of China's computing power.

Progress

48% Bias Score

Reduced Inequality
nos.nl
🌐 85% Global Worthiness
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DeepSeek's Low-Cost AI Chatbot Shakes Up Global Tech Industry

DeepSeek, a Chinese company, created a competitive AI chatbot for \$6 million, drastically undercutting Western competitors and causing a 9% drop in ASML's stock price due to reduced chip demand.

Progress

40% Bias Score

Reduced Inequality
lexpress.fr
🌐 85% Global Worthiness
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Sharp Rise in French Unemployment in Q4 2023

French unemployment saw its sharpest rise in a decade (excluding COVID) during Q4 2023, with a 3.9% increase in category A job seekers (3.138 million), 8.5% among those under 25 in metropolitan France. Hiring declarations also decreased 2.4% in Q4.

Progress

24% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
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Canada Needs a New Economic Vision: Innovation, Security, and Affordability

Canada's next prime minister must implement a new economic strategy prioritizing domestic innovation in the intangibles economy, strengthening national security, and boosting paycheques to combat the cost-of-living crisis and economic stagnation.

Progress

44% Bias Score

Decent Work and Economic Growth
bbc.com
🌐 85% Global Worthiness
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China's Livestock Import Ban Impacts Somalia's Economy

China banned livestock imports from multiple countries, including Somalia, due to disease outbreaks like foot-and-mouth disease, impacting Somalia's significant livestock exports to Saudi Arabia (estimated at $1 billion annually) and causing economic disruption.

Progress

36% Bias Score

Zero Hunger
pda.kp.ru
🌐 85% Global Worthiness
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Russia Raises Social Benefits by 9.5% to Combat Inflation

The Russian government increased over 40 social payments by 9.5% starting February 1st, 2025, impacting veterans, families with children, and disability beneficiaries, in response to inflation; increases include mother capital and child birth allowances.

Progress

52% Bias Score

No Poverty
nos.nl
🌐 85% Global Worthiness
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DeepSeek's Low-Cost AI Chatbot Shakes Up Global Chip Market

DeepSeek's new AI chatbot, developed for \$6 million, performs comparably to Western competitors costing tens of millions, causing a 9% drop in ASML's share price and over 10% for Besi and ASM International due to reduced chip demand; this challenges assumptions about AI development costs and US san...

Progress

48% Bias Score

Reduced Inequality
repubblica.it
🌐 85% Global Worthiness
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Davos 2024: Global Uncertainty and Geox's Strategic Response

Geox's president, Mario Moretti Polegato, discussed the global economic uncertainty at Davos, expressing concerns about potential US tariffs and geopolitical instability impacting businesses, particularly in Russia and China. He emphasized avoiding trade wars and adapting to changing markets.

Progress

56% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
🌐 85% Global Worthiness
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US Tariff Threats Risk Trade War, Prompting Canada to Seek Preemptive Trade Deal

The US's threat of tariffs on Canadian and Mexican imports, totaling nearly US$1 trillion annually, risks triggering a trade war despite the potential for negative economic impacts on American consumers and businesses; this strategy also aims to encourage reshoring and accelerate the review of the U...

Progress

44% Bias Score

Reduced Inequality
it.euronews.com
🌐 85% Global Worthiness
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Massive AI Energy Demands Highlight Funding Challenges

Barclays Europe CEO Francesco Ceccato warns that no single entity can fund AI's energy needs, highlighting a recent report predicting a surge in energy demand to 1,000 terawatt-hours by 2030 for global data centers, while the US announces a $500 billion joint venture investment in AI infrastructure.

Progress

36% Bias Score

Industry, Innovation, and Infrastructure
lemonde.fr
🌐 85% Global Worthiness
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French Unemployment Surges 3.9% in Q4 2024, Highest in a Decade

French unemployment in category A rose by 3.9% in Q4 2024, reaching 3.138 million, the largest increase in a decade excluding the Covid-19 crisis, driven by decreased hiring and rising bankruptcies, impacting particularly the youth (8.5% rise).

Progress

28% Bias Score

Decent Work and Economic Growth