Tag #Economy

Showing 8,749 to 8,760 of 22,327 results

lemonde.fr
🌐 85% Global Worthiness
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Milei's Cryptocurrency Scandal: $4 Billion Loss, Multiple Investigations

Argentine President Javier Milei faces accusations of promoting a cryptocurrency, $LIBRA, that crashed, affecting over 40,000 people with losses exceeding $4 billion; he denies wrongdoing but faces multiple investigations.

Progress

48% Bias Score

Reduced Inequality
dailymail.co.uk
🌐 85% Global Worthiness
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Australian Banks Cut Mortgage Rates After RBA's First Cut in Four Years

Australia's four major banks lowered variable mortgage rates by 0.25 percentage points after the Reserve Bank cut the cash rate to 4.1 percent on February 28, 2024, providing relief to borrowers struggling with high interest rates since November 2020.

Progress

40% Bias Score

Reduced Inequality
spanish.china.org.cn
🌐 85% Global Worthiness
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Xi Jinping Emphasizes Support for China's Private Sector"

Chinese President Xi Jinping called for promoting the healthy development of the country's private sector, emphasizing equal access to resources and fair competition for all businesses, during a Monday symposium attended by top government officials and prominent private entrepreneurs, including thos...

Progress

40% Bias Score

Decent Work and Economic Growth
forbes.com
🌐 85% Global Worthiness
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Gold Price Correction: Peak Approaching Amidst Geopolitical Uncertainty

Gold prices recently corrected by $40/oz after hitting a record high of $2939/oz, driven by factors including demand destruction, increased supply, and potential profit-taking; however, Morgan Stanley predicts prices to drop to $2700/oz by year-end and potentially to $2400/oz by 2025 due to decrease...

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44% Bias Score

Reduced Inequality
smh.com.au
🌐 85% Global Worthiness
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RBA Cuts Interest Rate by 0.25 Percentage Points

The Reserve Bank of Australia (RBA) cut the cash rate by 0.25 percentage points to 4.1 percent, its first rate cut in over four years, providing mortgage holders with approximately $100 monthly relief on a $600,000 mortgage, although further cuts are unlikely in the near future due to inflation conc...

Progress

40% Bias Score

Reduced Inequality
lemonde.fr
🌐 85% Global Worthiness
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Bitcoin Surges Past €90,000 Amidst Pro-Crypto Policies and Market Volatility

Since the 2024 US presidential election, Bitcoin's price has more than doubled, exceeding €90,000 due to the pro-crypto policies of the Trump administration, SEC approval of Bitcoin ETFs, and historical price cycles; however, the market faces risks from volatile 'meme coins' like the €3.3 billion 'T...

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64% Bias Score

Reduced Inequality
politico.eu
🌐 85% Global Worthiness
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Merz Warns of EU Debt Crisis, Prioritizes Growth Over Debt Reform

Friedrich Merz, Germany's potential next chancellor, warned of an impending EU sovereign debt crisis, prioritizing economic growth and spending reforms before amending the country's debt brake, and advocating for stricter migration policies.

Progress

48% Bias Score

Reduced Inequality
theguardian.com
🌐 85% Global Worthiness
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RBA Cuts Cash Rate Amid Cautious Inflation Outlook

The Reserve Bank of Australia cut the cash rate by 0.25 percentage points to 4.1% on [Date], offering relief to indebted households but remaining cautious about future inflation risks, with lenders already passing on the reduction to borrowers.

Progress

40% Bias Score

Reduced Inequality
africa.chinadaily.com.cn
🌐 85% Global Worthiness
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China's 5 Percent GDP Growth in 2024: Impact on Global Economy

China's economy grew 5 percent in 2024, reaching $18.80 trillion GDP, exceeding targets; this growth, driven by domestic policies and record foreign trade ($43.85 trillion), significantly impacted global markets and recovery, with the Belt and Road Initiative playing a key role.

Progress

56% Bias Score

No Poverty
smh.com.au
🌐 85% Global Worthiness
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Australian Egg Shortage Due to Bird Flu Outbreaks

Bird flu outbreaks in Australia have caused a 23 percent increase in egg prices over two years, leading to shortages and buying limits in major supermarkets, while smaller retailers report strong sales but higher prices, impacting consumer spending and highlighting supply chain vulnerability.

Progress

44% Bias Score

Zero Hunger
africa.chinadaily.com.cn
🌐 85% Global Worthiness
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Foreign Investment in China Surges Amidst Global Slowdown

In 2024, foreign investment in China increased by 9.9 percent, reaching 59,080 new companies, driven by China's focus on green and digital transformation and supply chain resilience; multinational corporations are expanding their investments in response.

Progress

48% Bias Score

Decent Work and Economic Growth
theguardian.com
🌐 85% Global Worthiness
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RBA Cuts Interest Rate to 4.1%

The Reserve Bank of Australia cut the official cash rate from 4.35% to 4.1% today, a move major banks will fully pass on, impacting mortgage repayments after a period of significant rate increases since April 2022.

Progress

44% Bias Score

Reduced Inequality

Showing 8,749 to 8,760 of 22,327 results