Tag #Global Economy

cnn.com
🌐 85% Global Worthiness
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Trump Considers National Emergency to Justify Widespread Tariffs

President-elect Donald Trump is considering declaring a national economic emergency to implement broad tariffs on allies and adversaries using the International Economic Emergency Powers Act (IEEPA), a move that could rapidly reshape global trade but also face legal challenges.

Progress

40% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
🌐 75% Global Worthiness
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AI Adoption Shows Early Promise, but Valuation Impacts Canadian Equity Returns

A Morgan Stanley report finds U.S. financial firms are early adopters of AI, seeing notable efficiency gains, while analysis of TSX returns in 2024 reveals that valuation increases played a significant role, potentially influenced by global central bank policies and rising U.S. Treasury yields.

Progress

44% Bias Score

Decent Work and Economic Growth
corriere.it
🌐 85% Global Worthiness
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Düsseldorf Boat Show: A Key Indicator for Italy's Nautical Industry in 2025

The Düsseldorf Boat Show (January 18-26) will be crucial for assessing the 2025 outlook for the global nautical industry, especially for Italy, a major player, facing uncertainties from global conflicts and economic slowdowns despite record 2023 revenue (€8.33 billion) and exports (€4.23 billion).

Progress

44% Bias Score

Decent Work and Economic Growth
cincodias.elpais.com
🌐 85% Global Worthiness
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Citi Predicts Positive 2025 Market Outlook Despite Trump's Trade Policies

Citi's investment strategist Guillaume Menuet predicts a positive market outlook for 2025, anticipating growth and lower inflation despite Trump's trade policies; he expects a weaker dollar, interest rate cuts in the US, and recommends maintaining investments.

Progress

52% Bias Score

Decent Work and Economic Growth
cnn.com
🌐 90% Global Worthiness
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China Curbs EV Battery Tech Exports, Escalating Tech Rivalry with US

China is planning to curb the export of technology used to extract minerals crucial for EV batteries, including lithium and gallium, escalating its tech rivalry with the US; this follows a recent ban on materials for semiconductors and could significantly impact Western lithium producers.

Progress

40% Bias Score

Responsible Consumption and Production
gr.euronews.com
🌐 90% Global Worthiness
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Tech Boom Propels World's Richest to \$10 Trillion Wealth Milestone

The combined wealth of the world's 500 richest people exceeded \$10 trillion in 2024 due to a surge in tech stock values, with Elon Musk's net worth increasing by \$213 billion, while luxury goods magnates experienced losses.

Progress

56% Bias Score

Reduced Inequality
usa.chinadaily.com.cn
🌐 85% Global Worthiness
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RMB Depreciation Primarily Driven by Strong US Dollar

The Chinese renminbi's recent slight depreciation is primarily attributed to a strengthening US dollar, impacting global currencies, not due to changes in China's economic policy or fundamentals; however, the market remains concerned about potential US tariffs and China's economic growth.

Progress

36% Bias Score

Decent Work and Economic Growth
theguardian.com
🌐 85% Global Worthiness
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Supply Chain Issues Could Hike Household Staple Prices by 20%

CIPS warns that global supply chain disruptions, geopolitical tensions, and potential US tariffs could cause household staple prices to increase by up to 20% by 2025, impacting businesses and consumers.

Progress

28% Bias Score

Zero Hunger
repubblica.it
🌐 85% Global Worthiness
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Positive 2025 Economic Forecast Despite Trump's Presidency and Geopolitical Uncertainty

UBS economist Paul Donovan predicts a positive 2025 despite geopolitical uncertainty and Trump's presidency, citing strong economic fundamentals; however, the extent and type of tariffs implemented by Trump pose significant risks to the global economy, particularly impacting Europe and China.

Progress

32% Bias Score

Decent Work and Economic Growth
elpais.com
🌐 75% Global Worthiness
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Mexico Imposes New Taxes on Digital Services and Asian Textiles

Effective 2025, Mexico mandates RFC registration and tax payments for foreign digital service providers such as Amazon and Uber, alongside a 35% tariff on Asian textiles (excluding free trade partners) implemented in December 2024 and lasting until 2026, aimed at leveling the economic playing field.

Progress

36% Bias Score

Reduced Inequality
forbes.com
🌐 85% Global Worthiness
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Trump's 1980s Trade Policies Pose Risk to Japan

President-elect Trump's 1980s-style trade policies could negatively impact Japan due to a potentially weakening yen and insufficient trade concessions, potentially escalating into a trade war.

Progress

44% Bias Score

Decent Work and Economic Growth
it.euronews.com
🌐 90% Global Worthiness
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Tech Boom Fuels Record Wealth for World's Richest

The Bloomberg Billionaires Index revealed that the combined wealth of the world's 500 richest people exceeded \$10 trillion in 2024 due to soaring tech stock values, with Elon Musk's net worth increasing by \$213 billion to \$442.1 billion, exceeding Amazon's Jeff Bezos by a record \$237 billion.

Progress

64% Bias Score

Reduced Inequality