Tag #Economy

cnbc.com
🌐 85% Global Worthiness
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AI Earnings Boost Market; Stanley Black & Decker Adjusts to Tariff Risks

Strong AI-driven earnings propel the S&P 500 to record highs, while Stanley Black & Decker plans supply chain shifts to mitigate potential tariff increases under a Trump presidency, leading to a sell rating on the stock.

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44% Bias Score

lemonde.fr
🌐 85% Global Worthiness
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Decline of French Influence in Africa: Market Share Halved, Defense Agreements Terminated

France's influence in Africa is declining, with its market share in sub-Saharan Africa halving from 7% in 2005 to 3.2% in 2023, as shown by the recent termination of defense agreements with Chad and the withdrawal of French banks; this contrasts with France remaining the second largest investor in A...

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40% Bias Score

us.cnn.com
🌐 85% Global Worthiness
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Bitcoin Hits $100,000 on Trump's Crypto-Friendly Policy Shift

Bitcoin hit $100,000 for the first time on Wednesday following the announcement of President-elect Trump's SEC chair nominee, Paul Atkins, a crypto advocate, who is expected to regulate the industry with a lighter touch than the current administration. This milestone builds on a post-election rally ...

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48% Bias Score

lexpress.fr
🌐 85% Global Worthiness
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Cuba Experiences Third Nationwide Blackout in Two Months

A malfunctioning automatic valve at Cuba's main power plant caused a nationwide blackout on Wednesday, affecting 10 million people, marking the third such outage in under two months; the valve was repaired, restoring partial power.

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44% Bias Score

politico.eu
🌐 85% Global Worthiness
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EU Faces High US Tariffs, Needs Multi-Pronged Strategy

The EU faces substantial new US tariffs (10-20% on most imports, 60% on Chinese goods), violating WTO agreements, and potentially causing significant economic and political instability; a multi-pronged strategy involving persuasion, dissuasion, retaliation, and alliance building is needed.

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44% Bias Score

zeit.de
🌐 85% Global Worthiness
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Bitcoin Surpasses \$100,000 Amidst Anticipation of Trump's Crypto-Friendly Policies

Bitcoin hit a record high of \$103,253 on December 5th, 2024, fueled by investor optimism surrounding the incoming Trump administration's anticipated crypto-friendly policies, including the potential appointment of Paul Atkins as SEC chairman and the possibility of a US government Bitcoin reserve.

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48% Bias Score

npr.org
🌐 85% Global Worthiness
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Trump Appoints Crypto-Supporter Atkins as New SEC Chair

President-elect Donald Trump appointed former SEC Commissioner Paul Atkins, known for his pro-business views and support for cryptocurrencies, as the new SEC Chair, sparking concerns among consumer protection advocates but excitement within the crypto industry.

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36% Bias Score

apnews.com
🌐 85% Global Worthiness
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Bitcoin Surges Past \$100,000 as Wall Street Hits Record Highs Amidst Asian Market Volatility

Bitcoin hit \$100,000 for the first time, boosting Asian markets except South Korea's Kospi which fell amid President Yoon's impeachment efforts following a short-lived martial law declaration; Wall Street also hit record highs driven by AI optimism, while the U.S. awaits key jobs data and potential...

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40% Bias Score

welt.de
🌐 85% Global Worthiness
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Bitcoin Price Surge Amidst Speculation of US Bitcoin Reserve and Increased Trading Accessibility

Following Gensler's departure, speculation mounts that the Trump administration might create a Bitcoin reserve, alongside MicroStrategy's continued investment and the recent introduction of Bitcoin options trading, driving up Bitcoin prices despite consumer warnings.

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44% Bias Score

faz.net
🌐 85% Global Worthiness
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Trump's Crypto-Friendly SEC Nominee Spurs Bitcoin Surge

Following Donald Trump's win, the cryptocurrency market surged due to the anticipated appointment of pro-crypto SEC Chair Paul Atkins, replacing Gary Gensler. This shift is expected to lead to increased ETF approvals and potentially a US Bitcoin reserve, but concerns remain about the market's volati...

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52% Bias Score

zeit.de
🌐 85% Global Worthiness
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Regierungssturz in Frankreich: Politische und wirtschaftliche Unsicherheit eskaliert

Die französische Mitte-Rechts-Regierung unter Premierminister Michel Barnier ist am Mittwoch durch ein Misstrauensvotum gestĂŒrzt worden, was zu politischer und wirtschaftlicher Unsicherheit fĂŒhrt und Frankreichs hohe Staatsverschuldung verschĂ€rft.

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52% Bias Score

dw.com
🌐 85% Global Worthiness
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BRICS Explores New Currency to Reduce US Dollar Dependence

BRICS nations, including newly added members Iran, Egypt, Ethiopia, and the UAE, are exploring a new currency to lessen reliance on the US dollar, driven by concerns over US sanctions and geopolitical leverage; however, significant hurdles remain due to the diverse economic strengths and political s...

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44% Bias Score