Tag #Economy

bbc.com
🌐 85% Global Worthiness
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Trudeau Meets Trump Amidst Threatened US Tariffs on Canadian Goods

Canadian Prime Minister Justin Trudeau met with Donald Trump in Florida on December 1, 2024, to discuss Trump's threatened 25% tariff on Canadian goods, a move prompted by Trump's announcement earlier this week and aiming to prevent significant economic harm to Canada and the US.

Progress

52% Bias Score

lexpress.fr
🌐 85% Global Worthiness
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Trump Announces 25% Tariffs on Mexican and Canadian Goods

President-elect Trump announced on Monday a 25% tariff on all goods imported from Mexico and Canada, prompting a Friday meeting between Trump and Canadian Prime Minister Trudeau to discuss the issue, while Mexico also threatens retaliatory tariffs.

Progress

40% Bias Score

theglobeandmail.com
🌐 85% Global Worthiness
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Inflation Perception Gap Fuels Anti-Incumbent Sentiment in 2022 U.S. Election

The 2022 U.S. election saw a significant disconnect between economists' assessment of a healthy economy and public perception of rampant inflation, leading to anti-incumbent voting and criticism of central bank policies; this "vibecession" is now impacting other countries.

Progress

40% Bias Score

nrc.nl
🌐 85% Global Worthiness
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Trump Threatens 25% Tariff on Canadian Imports

Donald Trump threatens a 25% tariff on all Canadian imports after his inauguration, jeopardizing the $908 billion USD in bilateral trade between the two countries in 2022 and potentially causing a severe economic downturn in Canada. This action disregards the USMCA trade agreement and causes concern...

Progress

44% Bias Score

theguardian.com
🌐 85% Global Worthiness
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UK uses Royal Family to Secure Gulf Trade Deal

The UK government is using the royal family to improve relations with Gulf states to secure a free trade deal worth an estimated £10 billion, despite concerns about human rights.

Progress

44% Bias Score

nos.nl
🌐 85% Global Worthiness
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Cadillac's Formula 1 Entry: $450 Million Entry Fee Addresses Existing Team Concerns

General Motors and Cadillac will join Formula 1 in 2026, paying an increased entry fee of roughly $450 million to mitigate the financial impact on existing teams; this contrasts with the rejected Andretti bid, showcasing the significant long-term value of GM's engine development commitment.

Progress

32% Bias Score

lentreprise.lexpress.fr
🌐 85% Global Worthiness
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French Political Crisis Shakes European Markets

France's political turmoil, marked by budget impasse and threatened government censure, is causing market anxiety as borrowing rates spike and the benchmark stock index suffers its worst year since 2010, raising concerns about broader European repercussions.

Progress

56% Bias Score

cnnespanol.cnn.com
🌐 85% Global Worthiness
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Potential US Tariffs on Alcohol Imports from Canada and Mexico to Increase Prices

A potential 25% tariff on Canadian and Mexican goods could significantly increase prices for popular alcoholic beverages in the US, impacting consumers and businesses; in 2023, the US imported $5.69B in beer and $4.81B in alcohol from Mexico alone.

Progress

40% Bias Score

kathimerini.gr
🌐 85% Global Worthiness
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Trump's Tariffs Threaten Global Economic Stability

Donald Trump announced 25% tariffs on all imports from Mexico and Canada and an additional 10% on Chinese goods starting January 2025, potentially leading to global stagflation and forcing central banks to choose between combating inflation or recession.

Progress

44% Bias Score

dw.com
🌐 85% Global Worthiness
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Turkey Enters Technical Recession Amidst Growing Income Inequality

Turkey's economy contracted by 0.2% in the third quarter of 2023, marking a technical recession, as construction growth offset declines in manufacturing and labor compensation's share of GDP fell significantly, highlighting growing income inequality.

Progress

44% Bias Score

nos.nl
🌐 85% Global Worthiness
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Cadillac's Formula 1 Entry: $450 Million Fee Addresses Revenue Concerns

General Motors and Cadillac will join Formula 1 in 2026, paying a $450 million entry fee to offset the financial impact on existing teams; this contrasts with the rejected Andretti Global bid due to GM's commitment to building its own engines from 2028.

Progress

44% Bias Score

forbes.com
🌐 85% Global Worthiness
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Bitcoin and XRP Soar After Trump Victory Amidst Regulatory Shifts

Following Donald Trump's U.S. presidential election, Bitcoin neared $100,000, boosted by a $15 trillion bet, while Ripple's XRP surged 200% due to anticipated regulatory changes and a potential stablecoin launch.

Progress

56% Bias Score