Tag #Economy

chinadaily.com.cn
🌐 85% Global Worthiness
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China Outlines Proactive Fiscal and Monetary Policies for 2025 Economic Stability

China's Central Economic Work Conference outlined key 2025 economic priorities: a more proactive fiscal policy (increasing deficit to ~4% of GDP, issuing 3 trillion yuan in special treasury bonds), a moderately loose monetary policy (interest rate cuts), and expanding domestic demand (consumption st...

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40% Bias Score

No Poverty
china.org.cn
🌐 85% Global Worthiness
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China's Economic Outlook: Domestic Demand and 2025 Growth Projections

The Caijing Annual Dialogue 2024 in Beijing emphasized expanding domestic demand and capital markets to counter global uncertainties, with experts highlighting infrastructure investment and leveraging China's large market and high savings rate for economic growth in 2025.

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20% Bias Score

Decent Work and Economic Growth
npr.org
🌐 85% Global Worthiness
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IRS to Send \$2.4 Billion in COVID Stimulus Payments to 1 Million Taxpayers

The IRS will automatically send up to \$1,400 to approximately 1 million taxpayers who missed claiming the Recovery Rebate Credit on their 2021 tax returns, totaling \$2.4 billion in payments to rectify previous COVID-19 stimulus underpayments.

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36% Bias Score

No Poverty
lefigaro.fr
🌐 85% Global Worthiness
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Honda and Nissan to Merge, Creating Global Auto Giant

Honda and Nissan, facing challenges in the electric vehicle market and declining sales, are negotiating a merger to create the world's third-largest automaker by 2026, with Mitsubishi Motors to decide on participation by January.

Progress

56% Bias Score

Industry, Innovation, and Infrastructure
faz.net
🌐 85% Global Worthiness
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Honda, Nissan, and Mitsubishi to Merge, Creating Global Auto Giant

Honda, Nissan, and Mitsubishi plan to merge by August 2026, creating the world's third-largest automaker to counter competition from Toyota and Chinese EV makers, driven by the global shift towards EVs and the struggles of Japanese automakers in the Chinese market.

Progress

40% Bias Score

Industry, Innovation, and Infrastructure
theglobeandmail.com
🌐 85% Global Worthiness
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US Stocks Rise After Shutdown Averted, Inflation Eases Concerns

U.S. stock index futures rose on Monday following Congress's passage of a spending bill that averted a government shutdown and a positive inflation report that reduced concerns about interest rate hikes; the Dow E-minis rose 0.07%, the S&P 500 E-minis rose 0.26%, and the Nasdaq 100 E-minis rose 0.45...

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44% Bias Score

Decent Work and Economic Growth
global.chinadaily.com.cn
🌐 85% Global Worthiness
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China Prioritizes Market Stabilization for 2024 Growth

The Chinese government is prioritizing stabilizing its securities and real estate markets in 2024 through fiscal and monetary easing, debt restructuring, and support for unfinished housing projects, aiming for 5% GDP growth contributing nearly 30% to global growth, while acknowledging risks remain i...

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48% Bias Score

Decent Work and Economic Growth
allafrica.com
🌐 85% Global Worthiness
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RSF Aggression Cripples Sudan's Industrial Sector

Sudan's Minister of Industry, Mahasin Ali Yagoub, reported catastrophic damage to the industrial sector due to the RSF militia's aggression, resulting in shortages, import reliance, and currency devaluation. The government is implementing emergency policies to restart facilities and create new suppl...

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52% Bias Score

Industry, Innovation, and Infrastructure
us.cnn.com
🌐 85% Global Worthiness
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Honda and Nissan to Explore Merger Amidst Chinese Competition and Nissan's Financial Crisis

Honda and Nissan formally agreed to explore a potential merger within six months, aiming to form the world's third-largest automaker to counter Chinese competition and address Nissan's severe financial issues, including a 94% profit drop in the last six months and planned job cuts.

Progress

48% Bias Score

Decent Work and Economic Growth
pt.euronews.com
🌐 85% Global Worthiness
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Honda and Nissan Explore Merger to Boost Competitiveness

Honda and Nissan signed a memorandum of understanding on Monday to explore a potential merger, with Mitsubishi Motors also participating, aiming to create a more competitive entity in the global automotive market and address challenges in the electric vehicle sector.

Progress

36% Bias Score

Industry, Innovation, and Infrastructure
theglobeandmail.com
🌐 85% Global Worthiness
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U.S.-Driven Market Boom Defies Global Uncertainty in 2024

In 2024, global stock markets defied expectations, rising over 17% despite geopolitical instability, largely due to a booming U.S. market fueled by AI investment and robust growth, leading to a stronger dollar and increased global exposure to U.S. trends.

Progress

48% Bias Score

Reduced Inequality
faz.net
🌐 85% Global Worthiness
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Honda and Nissan to Merge, Creating Global Auto Giant

Honda and Nissan plan to merge by June 2025, creating the world's third-largest automaker, including Mitsubishi, to compete with Toyota and Chinese automakers, driven by the global shift toward electric vehicles and declining sales in China.

Progress

36% Bias Score

Industry, Innovation, and Infrastructure