Tag #Economy

dw.com
🌐 85% Global Worthiness
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Musk's DOGE Denied West Wing Office; $2 Trillion Budget Cut Target

Elon Musk's Department Of Government Efficiency (DOGE) will be based outside the West Wing, focusing on a $2 trillion US budget reduction, despite his initial request for a West Wing office. This decision was made by White House Chief of Staff Susie Wiles due to concerns regarding Musk's collaborati...

Progress

52% Bias Score

Reduced Inequality
lentreprise.lexpress.fr
🌐 85% Global Worthiness
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Europe's Slow Progress Towards Pharmaceutical Sovereignty

Europe's pharmaceutical supply chain is vulnerable due to reliance on distant countries for raw materials and production; this has led to shortages of essential medicines, prompting calls for higher drug prices and increased domestic production.

Progress

40% Bias Score

Good Health and Well-being
dailymail.co.uk
🌐 85% Global Worthiness
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UK Seizes "£5.2 Billion in Bitcoin, Offering Budget Relief

The UK government seized "£5.2 billion worth of Bitcoin from criminals, potentially offsetting budget cuts; this followed a money-laundering probe into a Chinese fraud.

Progress

64% Bias Score

Reduced Inequality
europe.chinadaily.com.cn
🌐 85% Global Worthiness
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Global Trade Booms Despite Protectionist Headwinds

Despite protectionist pressures, global trade is booming, projected to hit $33 trillion in 2024, driven by digital trade and services; however, ensuring inclusive growth requires addressing income inequality and promoting open development policies.

Progress

56% Bias Score

Reduced Inequality
lexpansion.lexpress.fr
🌐 85% Global Worthiness
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China's Record Trade Surplus Fuels Global Competition Concerns

China's record 2024 trade surplus, fueled by a 7% export increase and exceeding domestic demand, threatens global competitors and prompts concerns of deindustrialization in Europe and elsewhere; potential US tariffs may accelerate China's trade expansion in the Global South.

Progress

52% Bias Score

Decent Work and Economic Growth
lentreprise.lexpress.fr
🌐 85% Global Worthiness
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France's 2025 Demographic Turning Point: Declining Births and an Aging Population

France faces a potential demographic crisis in 2025, with deaths possibly exceeding births for the first time since WWII due to declining birth rates and an aging population, necessitating significant adaptations to its pension system and labor market.

Progress

76% Bias Score

No Poverty
china.org.cn
🌐 85% Global Worthiness
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China's NEV Charging Network Fuels Record Spring Festival Travel

During China's 2025 Spring Festival, the expansion of NEV charging infrastructure, including supercharging stations and mobile charging options, is supporting the 9 billion expected inter-regional trips, driven by the 31.4 million NEVs registered in China by the end of 2024, a 51.49% increase from 2...

Progress

48% Bias Score

Affordable and Clean Energy
theguardian.com
🌐 85% Global Worthiness
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Trump's Tariff Threats: Global Economic Uncertainty

Donald Trump's threatened tariffs on foreign goods, potentially impacting businesses in China, Mexico, the UK, and Canada, could result in significant economic consequences such as reduced sales, price increases, and supply chain disruptions.

Progress

48% Bias Score

Decent Work and Economic Growth
cbsnews.com
🌐 85% Global Worthiness
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Trump's Deportation Threat Jeopardizes American Agriculture

The Trump administration's threat to deport millions of undocumented immigrants poses a significant threat to the already struggling American agricultural industry, which is facing a labor shortage and a 7% decline in farms from 2017-2022.

Progress

64% Bias Score

Decent Work and Economic Growth
bbc.com
🌐 85% Global Worthiness
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Ukrainian Refugee Secures £80,000 Investment on Dragons' Den

Yana Smaglo, a 30-year-old Ukrainian refugee living in Huddersfield, UK, secured an £80,000 investment on Dragons' Den for her fashion import business, Nenya, which sources high-quality clothing from Ukraine, showcasing the resilience of Ukrainian entrepreneurs and the potential for refugee-led busi...

Progress

24% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
🌐 85% Global Worthiness
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Trump Threatens 25% Tariffs on Canadian, Mexican Goods

President Trump announced potential 25% tariffs on Canadian and Mexican goods starting February 1st, prompting concerns about economic disruption across North America due to integrated supply chains; investigations into various trade issues are also underway, with reports due by April 1st.

Progress

16% Bias Score

Decent Work and Economic Growth
lexpansion.lexpress.fr
🌐 85% Global Worthiness
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CDU's "Agenda 2030": Tax Cuts to Revive German Economy

Germany's CDU party unveiled its "Agenda 2030," proposing massive tax cuts to spur a 2% GDP growth, addressing economic stagnation through fiscal stimulus, immigration reform, and bureaucratic streamlining, despite potential budget shortfalls and challenges to the German economic model.

Progress

52% Bias Score

Decent Work and Economic Growth