Tag #Global Economy

cnbc.com
🌐 85% Global Worthiness
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International Markets Lag U.S. Equities Amidst Tariff Concerns and Slow Growth

International markets significantly lagged behind U.S. equities in 2024, with the iShares MSCI ACWI ex U.S. ETF (ACWX) up only 4.6% compared to the S&P 500's 26% gain; this is primarily due to a stronger dollar resulting from President-elect Trump's proposed tariffs, slow growth in Europe and China,...

Progress

48% Bias Score

Reduced Inequality
elpais.com
🌐 75% Global Worthiness
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Global Economic Growth Forecast Positive, but Latin American Insurtech Needs Collaboration

Mapfre Economics predicts 3.2% global economic growth and 4.2% inflation in 2024, with similar but slightly improved figures for 2025; however, Latin American Insurtech faces underfunding despite growing numbers of startups, highlighting the need for increased collaboration.

Progress

40% Bias Score

Reduced Inequality
africa.chinadaily.com.cn
🌐 90% Global Worthiness
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Trump's Tariffs, China's Countermoves: A New Era of Economic Competition

President-elect Trump's threat to impose 100 percent tariffs on BRICS countries and other nations if they create an alternative currency to the US dollar, coupled with his planned additional tariffs, could negatively impact the global economy, particularly China, although China's stimulus packages a...

Progress

32% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
🌐 85% Global Worthiness
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Oil Prices Fall Amid Weak Chinese Data and Fed Rate Decision

Oil prices fell on Tuesday, with Brent crude at $73.13 and WTI at $69.88 per barrel, due to weak Chinese economic data, profit-taking, and investor caution ahead of the Fed's interest rate decision. The IEA projects a 950,000 bpd supply surplus next year.

Progress

36% Bias Score

Affordable and Clean Energy
dw.com
🌐 85% Global Worthiness
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La Liga Fights Latin American Video Piracy, Highlighting Billions in Losses

La Liga held a conference in Buenos Aires to combat audiovisual piracy in Latin America, highlighting billions in annual losses to the entertainment industry and the involvement of organized crime, urging stronger action from authorities and tech companies.

Progress

48% Bias Score

Reduced Inequality
forbes.com
🌐 75% Global Worthiness
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S&P 500 Soars 28% in 2024: A Fundamental Recovery

The S&P 500's 28% year-to-date gain in 2024, exceeding expectations, stems from a fundamental recovery following 2022's selloff, driven by recession fears that did not materialize, and is less dependent on the technology sector's performance.

Progress

40% Bias Score

Reduced Inequality
smh.com.au
🌐 85% Global Worthiness
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Fed's Reduced Rate Cut Projections Trigger Stock Market Dip

Following the Federal Reserve's announcement of fewer interest rate cuts in 2024 than previously expected, US stock indexes fell, with the S&P 500 dropping 0.3 percent, the Dow Jones losing 38 points, and the Nasdaq composite slipping 0.4 percent; the Australian dollar also fell sharply by 1.4 perce...

Progress

36% Bias Score

Decent Work and Economic Growth
us.cnn.com
🌐 75% Global Worthiness
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Poland Auctions Butter Reserves to Combat Inflation Ahead of Elections

Poland will auction up to 1,102 tons of frozen butter from its reserves to lower prices before May's presidential elections, citing global milk shortages and high inflation (4.7% in November) as reasons; sales start Thursday at a minimum of $7 per kilogram.

Progress

36% Bias Score

Zero Hunger
es.euronews.com
🌐 85% Global Worthiness
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Milan's Via Montenapoleone Named World's Most Expensive Shopping Street

Via Montenapoleone in Milan is officially the world's most expensive shopping street, with average rent reaching \20,000 per square meter, surpassing New York's Fifth Avenue due to its exclusivity and high-spending clientele.

Progress

48% Bias Score

Reduced Inequality
theglobeandmail.com
🌐 85% Global Worthiness
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Canadian Housing Market Shifts to Seller's Market

Canada's housing market is transitioning from a buyer's to a seller's market, with the sales-to-new listings ratio reaching 59.2 in November; however, Toronto's condo market remains an exception due to oversupply.

Progress

40% Bias Score

Reduced Inequality
forbes.com
🌐 85% Global Worthiness
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Bitcoin: A New Option for National Reserves

Bitcoin's fixed supply, decentralized nature, and low transaction costs make it a viable alternative to traditional national reserve assets, offering smaller nations increased financial sovereignty and stability, as demonstrated by El Salvador's adoption.

Progress

64% Bias Score

Reduced Inequality
theglobeandmail.com
🌐 75% Global Worthiness
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OSFI Maintains 3.5% Domestic Stability Buffer for Canada's Largest Banks

Canada's Office of the Superintendent of Financial Institutions (OSFI) maintained the domestic stability buffer (DSB) for its largest banks at 3.5 percent of risk-weighted assets on Tuesday, citing elevated but stable systemic risks and the need to ensure financial system resilience despite uncertai...

Progress

40% Bias Score

Decent Work and Economic Growth