Tag #Economy

cnbc.com
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India's Inflation Eases to 5.22%, Raising Hopes for Rate Cuts

India's inflation rate fell to 5.22% in December, a second consecutive monthly decline, fueling expectations of interest rate cuts by the Reserve Bank of India, despite a record low rupee and slowing economic growth.

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32% Bias Score

No Poverty
us.cnn.com
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China's Exports Surge in December Amid US Trade Uncertainty

China's December exports jumped 10.7% year-on-year, exceeding forecasts, while imports grew 1.0%, defying expectations; this surge was partly due to pre-emptive shipments ahead of potential US tariffs under the incoming Trump administration, resulting in a $104.8 billion trade surplus.

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36% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
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US Sanctions on Russian Oil Send Brent Crude Prices Soaring

Widespread US sanctions on Russian oil, impacting 1.7 million barrels per day (25% of exports), caused Brent crude to surge above $80 a barrel on Monday, its highest since August, driven by expected supply disruptions to major buyers in India and China.

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48% Bias Score

Affordable and Clean Energy
dw.com
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German Election: Economy and Migration Dominate

Germany's upcoming snap election on February 23rd is dominated by migration and economic concerns, with the Social Democrats (SPD) focusing on increased investment and wages, the Greens on energy costs and electric vehicles, and the conservatives (CDU/CSU) on reducing spending and taxes.

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36% Bias Score

Decent Work and Economic Growth
t24.com.tr
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Belgian Workers Protest Austerity Measures, Causing Widespread Disruption

Belgian workers protested austerity measures, including pension cuts, planned by the forming government, causing widespread transport disruption and flight cancellations.

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44% Bias Score

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t24.com.tr
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Turkish Public Workers Protest Insufficient Salary Increases

81 KESK union members protested in Ankara against insufficient civil servant salary increases, demanding a minimum wage of 79,000 TL, tax justice, and inclusion of additional payments in retirement benefits, highlighting widespread economic hardship.

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56% Bias Score

No Poverty
npr.org
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China's Exports Surge on US Tariff Fears

China's December exports jumped 10.7% year-on-year, exceeding forecasts amid fears of US tariff hikes, resulting in a record $104.84 billion trade surplus; imports rose 1%, while total trade hit a record 43.85 trillion yuan.

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44% Bias Score

Decent Work and Economic Growth
us.cnn.com
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US Job Market Slowdown Disproportionately Impacts Young Workers

The US job market's slowdown, particularly impacting young adults (20-34), is due to decreased hiring and job switching, causing prolonged job searches and financial strain, with potential improvement if the Federal Reserve continues cutting interest rates but with delayed benefits for vulnerable gr...

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44% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
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Mali Seizes \$380 Million in Gold from Barrick Mine, Threatening Production

Mali's government seized roughly \$380 million worth of gold from Barrick Gold's Loulo-Gounkoto mine on January 11th, escalating a contract dispute and potentially halting operations at a site that produces 14 percent of Barrick's projected 2025 gold output, amid broader renegotiations by West Afric...

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40% Bias Score

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dailymail.co.uk
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UK Financial Market Turmoil Raises Questions About Chancellor's Future

Amidst turbulent financial markets and a plummeting pound, Labour leader Keir Starmer declined to fully guarantee Chancellor Rachel Reeves's job security, while the government insists on sticking to fiscal rules; businesses blame Reeves' budget tax raid for economic woes.

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64% Bias Score

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elmundo.es
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Spain Announces 12 Housing Measures to Tackle Crisis

The Spanish government unveiled 12 new housing measures, including ensuring state-built housing remains public and taxing tourist rentals in strained areas, to combat the housing crisis impacting young people; this follows a 37-point drop in young homeowner percentages since 2011, according to the 2...

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48% Bias Score

No Poverty
azatutyun.am
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Armenia pursues EU membership while maintaining EAEU ties

Armenia's government affirmed its commitment to the Eurasian Economic Union while beginning the process of joining the European Union, despite Russia's concerns and warnings about the potential economic consequences; Armenia's trade with Russia accounts for over 40 percent of its total trade, while ...

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40% Bias Score

Decent Work and Economic Growth