Tag #Economy

theglobeandmail.com
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EU-Mercosur Free Trade Deal Reached Despite French Opposition

The EU and Mercosur finalized a free trade agreement after 25 years of negotiations, creating one of the world's largest free trade zones, projected to save businesses \$4.26 billion annually in tariffs, despite opposition from France and other EU nations concerned about unfair competition and envir...

Progress

36% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
🌐 85% Global Worthiness
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Major Economic Data Releases to Shape Global Markets Dec. 9-13

The week of December 9-13 brings crucial economic data releases from major countries, including inflation rates, economic output, trade balances, and labor market figures, providing insights into global economic health and monetary policy.

Progress

0% Bias Score

Decent Work and Economic Growth
dw.com
🌐 85% Global Worthiness
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French Government Collapses Amidst Deep Political Division and Soaring Debt

French Prime Minister Michel Barnier resigned on December 4th after a no-confidence vote, highlighting a deeply divided parliament and raising concerns about France's financial stability and its role within the European Union, particularly given Germany's concurrent political and economic instabilit...

Progress

40% Bias Score

Decent Work and Economic Growth
elpais.com
🌐 85% Global Worthiness
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EU-Mercosur Trade Deal Finalized: \u20ac4 Billion in Annual Savings for EU Exporters

The EU and Mercosur finalized a trade deal eliminating most tariffs, saving EU exporters up to \u20ac4 billion yearly and opening a large market, while addressing prior concerns with strong protections for agriculture, consumers, and the environment.

Progress

56% Bias Score

Decent Work and Economic Growth
elpais.com
🌐 85% Global Worthiness
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"EU and Mercosur Strengthen Trade Deal with Enhanced Environmental Provisions"

"The EU and Mercosur reached a revised trade agreement on Friday, strengthening environmental commitments to address previous concerns and paving the way for the creation of the world's largest free trade area encompassing over 722 million people."

Progress

16% Bias Score

Decent Work and Economic Growth
forbes.com
🌐 85% Global Worthiness
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Trump's Dollar Policy: Tariffs or Stability?

President-elect Trump's threat to impose 100% tariffs on countries not using the US dollar is misguided; currency circulation depends on trade, not decrees. A stable dollar policy, supported by stablecoins, offers a more effective strategy for maintaining the dollar's global dominance and fostering ...

Progress

52% Bias Score

Decent Work and Economic Growth
sueddeutsche.de
🌐 85% Global Worthiness
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German CEO Activism Wanes After Initial Surge

Following an initial surge of "CEO activism" in Germany in response to rising far-right extremism, business leaders' political engagement has waned significantly, raising concerns about its long-term impact on democracy and the economy.

Progress

56% Bias Score

Peace, Justice, and Strong Institutions
theglobeandmail.com
🌐 85% Global Worthiness
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Nationwide Milk Testing Ordered for Bird Flu

A new federal order mandates nationwide testing of the U.S. milk supply for bird flu, starting December 16th, in response to over 700 dairy herds infected since March and nearly 60 human cases, prioritizing California, Colorado, Michigan, Mississippi, Pennsylvania, and Oregon.

Progress

32% Bias Score

Good Health and Well-being
theguardian.com
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EU-Mercosur Trade Deal Signed Despite Opposition

The EU finalized a trade deal with Argentina, Brazil, Paraguay, and Uruguay after 25 years of negotiations, despite opposition from France and concerns from European farmers over increased competition and environmental impacts; the deal reduces tariffs on various products but limits imports of speci...

Progress

48% Bias Score

Reduced Inequality
elpais.com
🌐 85% Global Worthiness
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"EU-Mercosur Trade Deal: Celebrated by Some, Feared by Others in Spain's Agriculture Sector"

"After 25 years, the EU and Mercosur are close to finalizing a free trade deal, creating the world's largest trade zone. This has caused division in Spain's agriculture sector, with some celebrating potential export growth (like the wine sector) while others fear negative impacts on livestock farmin...

Progress

40% Bias Score

Decent Work and Economic Growth
elpais.com
🌐 85% Global Worthiness
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\"Inflation Widens Regional Income Disparity in Spain\"\

\"Soaring inflation in 2022 widened the gap in real income growth across Spanish regions, exceeding the OECD average and highlighting pre-existing economic imbalances; some areas, particularly those with a heavier reliance on primary industries and tourism, suffered more significantly.\"

Progress

56% Bias Score

Reduced Inequality
cnbc.com
🌐 85% Global Worthiness
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S&P 500 Soars to Record Highs, but Some Stocks Show Signs of Overbought Conditions

The S&P 500 hit all-time highs this week, with the Nasdaq up over 3%, but some stocks, such as Walmart (RSI 83.3) and Netflix (RSI >76), are overbought and might experience a pullback; oversold stocks include Kraft Heinz and Mondelez.

Progress

48% Bias Score

Decent Work and Economic Growth