Tag #Economy

pda.kp.ru
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Verona Forum in UAE Highlights Shift in Global Business

The Verona Eurasian Economic Forum, held in Ras Al Khaimah, UAE, from October 26-27, attracted 997 participants from 40 countries and 105 journalists, showcasing the UAE's capacity to host major international events and highlighting a shift in global business towards new locations amid Western sanct...

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48% Bias Score

Decent Work and Economic Growth
welt.de
🌐 85% Global Worthiness
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German Pessimism Mounts Amidst Industrial Downturn

A YouGov survey reveals that 75% of Germans view the country's economic situation as bad or very bad, fueled by job cuts and plant closures in the industrial sector; pessimism is highest among potential AfD and BSW voters, while Green voters are the least pessimistic.

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56% Bias Score

Decent Work and Economic Growth
dailymail.co.uk
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Walmart CEO Warns of Persistent High Grocery Prices in 2025

Walmart CEO Doug McMillon announced that grocery prices will remain high in 2025 due to persistent inflation, particularly in eggs and dairy, despite a recent slowdown in price increases; proposed tariffs could further elevate costs.

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64% Bias Score

No Poverty
europe.chinadaily.com.cn
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China's Report Highlights Obstacles to Achieving UN's 2030 Agenda

China's 2024 Global Development Report, released Friday, identifies weak global growth, insufficient climate action, and geopolitical conflicts as major obstacles to achieving the UN's 2030 Sustainable Development Goals, urging international cooperation and a solution-driven approach.

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40% Bias Score

No Poverty
forbes.com
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Dow Hits 12-Year Low; Laffer Curve Meeting Precedes Market Rebound

On December 6, 1974, the Dow Jones Industrial Average hit a 12-year low of 577, marking a significant bear market bottom. That evening, a meeting between top Ford administration officials and economists resulted in Arthur Laffer sketching his curve on a napkin, illustrating how tax cuts can increase...

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60% Bias Score

Decent Work and Economic Growth
europe.chinadaily.com.cn
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Chinese Firms Adapt to Global Trade Tensions with Localized Strategies

Faced with rising trade protectionism, Chinese companies are strengthening localized production and technological innovation to navigate global challenges, focusing on optimizing supply chains and building stronger brands in overseas markets.

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40% Bias Score

Decent Work and Economic Growth
npr.org
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EasyKnock, Facing Lawsuits, Closes Abruptly

Facing over two dozen lawsuits and multiple state investigations, EasyKnock, a real estate company offering sale-leaseback deals, unexpectedly closed its doors Thursday, leaving hundreds of homeowners with uncertain housing situations and raising concerns about the future of similar business models.

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48% Bias Score

No Poverty
dw.com
🌐 85% Global Worthiness
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France Blocks EU-Mercosur Trade Deal, Raising Concerns About Agricultural Imports

France's President Macron is blocking the EU-Mercosur free trade agreement, citing concerns about cheap meat imports from South America and the potential for renewed protests by French farmers; Germany is pushing for its approval, while Argentina's new president wants to sign.

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56% Bias Score

Climate Action
china.org.cn
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U.S. Stocks Mixed After Strong Jobs Report

U.S. stocks closed mixed on Friday following the release of the November jobs report, which showed a 227,000 increase in nonfarm payrolls, exceeding expectations. The Dow Jones Industrial Average fell 0.28 percent, the S&P 500 rose 0.25 percent, and the Nasdaq Composite gained 0.81 percent.

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32% Bias Score

Decent Work and Economic Growth
forbes.com
🌐 85% Global Worthiness
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Digital Service Taxes Face US Protectionism: Regional Alliances Crucial

Facing potential US trade retaliation, countries with digital service taxes (DSTs) must choose between risking economic backlash or allowing US tech giants to continue reaping disproportionate profits. Regional alliances and collaboration with developing nations are crucial to either forcing a globa...

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48% Bias Score

Reduced Inequality
smh.com.au
🌐 85% Global Worthiness
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Mixed Public Support for Trump's Policy Proposals Despite Election Win

Despite President-elect Trump's victory, public opinion polls reveal mixed and often uncertain support for his specific policy proposals on tariffs, immigration, and even his cabinet picks, suggesting his mandate is not a full endorsement of his detailed policy platform.

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16% Bias Score

Reduced Inequality
npr.org
🌐 85% Global Worthiness
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Bond Vigilantes' Potential Resurgence

Ed Yardeni coined the term "bond vigilantes" to describe large investors who influence government policy by strategically buying and selling bonds, impacting interest rates; their potential resurgence is linked to concerns about increased government borrowing under the new administration.

Progress

40% Bias Score

Reduced Inequality