Tag #Economy

cbsnews.com
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Trump Nominates Auctioneer Billy Long to Lead IRS

President-elect Trump nominated former Missouri Congressman Billy Long, a real estate businessman and auctioneer, to head the IRS, a move praised by conservatives but criticized by Democrats who point to his limited tax experience compared to current commissioner Danny Werfel.

Progress

40% Bias Score

Reduced Inequality
bbc.com
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China Expands Influence in Latin America: Chancay Port and the Twin Ocean Railway

China's Chancay Port in Peru, opened November 14, 2024, marks a new era in South American trade, potentially enhancing trade efficiency between Asia and South America via the planned Twin Ocean Railway, raising concerns about China's growing influence and strategic goals in the region.

Progress

48% Bias Score

Reduced Inequality
theguardian.com
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News Corp's Pro-Gas Campaign Condemned as Deceptive

News Corp ran a week-long pro-gas campaign sponsored by the gas industry, culminating in articles claiming Beetaloo Basin gas could power Australia for 400 years, amid rising energy prices; critics condemned it as deceptive and egregious.

Progress

68% Bias Score

Quality Education
cnbc.com
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UniCredit Faces Choice Between Two Takeover Bids Amidst Political and Financial Hurdles

UniCredit's CEO Andrea Orcel is pursuing two takeover bids: a stalled bid for Commerzbank (Germany) due to political resistance, and a 10 billion euro offer for Banco BPM (Italy), which was deemed unsatisfactory due to its terms. Analysts say UniCredit can sweeten the Banco BPM bid, but must conside...

Progress

48% Bias Score

Decent Work and Economic Growth
edition.cnn.com
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US Coal Ash Holds $8.4 Billion in Rare Earth Elements

Analysis of US coal ash reveals it contains up to 11 million tons of rare earth elements—nearly eight times current US reserves—worth an estimated $8.4 billion, offering a potential domestic source to reduce reliance on foreign imports and support clean energy development.

Progress

40% Bias Score

Responsible Consumption and Production
edition.cnn.com
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Grassland Degradation Threatens Global Food and Climate Security

Grasslands, vital for climate change mitigation and supporting 25% of the global population, are critically underprotected (only 12% protected), suffering degradation from unsustainable practices, impacting food and water security; WWF advocates for integrated land management at COP16.

Progress

28% Bias Score

Life on Land
us.cnn.com
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Trump's Narrow Majorities Create Significant Hurdles for His Second Term Agenda

President-elect Trump's narrow congressional majorities and internal Republican divisions pose significant challenges to his policy agenda, particularly regarding government spending cuts, potentially leading to political gridlock and impacting his second term's success.

Progress

56% Bias Score

Reduced Inequality
dw.com
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Taliban's Opium Ban in Afghanistan: Economic Devastation and Resurgent Cultivation

The Taliban's ban on opium poppy cultivation in Afghanistan led to a 95% drop in harvests in 2023, reducing farmers' income from $1.36 billion to $110 million; however, cultivation increased by 19% in 2024, and over 100 people were arrested for growing the crop.

Progress

40% Bias Score

No Poverty
nos.nl
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Sanctions Evasion: Thousands of Parts Shipped to Russia for Damen Shipyards Project After EU Sanctions

Nieuwsuur's investigation, using Russian customs data, reveals that thousands of parts were shipped to Russia for a Damen Shipyards project after EU sanctions were imposed in February 2023, raising concerns about potential sanction evasion and highlighting vulnerabilities in the sanctions regime.

Progress

40% Bias Score

Peace, Justice, and Strong Institutions
abcnews.go.com
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US Hiring Rebounds in November After October Slump

US hiring rebounded in November with an estimated 208,000 jobs added, reversing October's decline caused by hurricanes and strikes; unemployment remained at 4.1%.

Progress

36% Bias Score

Decent Work and Economic Growth
bbc.com
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Trump's Planned Tariffs Threaten Major Trading Partners

Donald Trump plans to impose tariffs of 10-20% on most imports, 60% on Chinese goods, and 25% on goods from Mexico and Canada upon taking office, potentially impacting these countries' economies significantly.

Progress

32% Bias Score

Reduced Inequality
edition.cnn.com
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Ghana's Election: Economic Crisis Dominates

Ghana's presidential election on Saturday features two frontrunners, Bawumia and Mahama, amidst a severe economic crisis marked by 54.1% inflation in December 2022, over 1.3 million unemployed youth (aged 15-35), and widespread 'galamsey' environmental damage.

Progress

44% Bias Score

No Poverty