Tag #Global Economy

theglobeandmail.com
🌐 85% Global Worthiness
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2025 Market Forecast Uncertain Amidst Political and Economic Volatility

A Reuters survey predicts a 4.5 percent increase in the S&P/TSX Composite Index by 2025, to 26,550, but this prediction faces uncertainty due to the incoming Trump administration and global economic shifts, contrasting with last year's 22 percent increase to over 25,500.

Progress

44% Bias Score

Reduced Inequality
kathimerini.gr
🌐 85% Global Worthiness
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Adani Accusations Expose India's Reliance on a Few Conglomerates

US accusations of securities fraud against Indian industrialist Gautam Adani expose India's dependence on a few conglomerates for economic growth, potentially prompting a redistribution of wealth and power.

Progress

48% Bias Score

Reduced Inequality
euronews.com
🌐 85% Global Worthiness
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ECB Cuts Rates to 3%, Signaling More Easing to Come

The European Central Bank (ECB) lowered its deposit facility rate by 0.25 percentage points to 3% on Thursday, signaling confidence in its inflation target while acknowledging growth risks; economists anticipate further rate cuts but disagree on the pace and endpoint.

Progress

24% Bias Score

Decent Work and Economic Growth
bbs.chinadaily.com.cn
🌐 85% Global Worthiness
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US Inflation Rises Amidst Concerns Over Trade Protectionism

The US Consumer Price Index (CPI) rose 2.7 percent year-on-year in November 2018, prompting concerns about inflation linked to the US's trade protectionist policies, including recently announced tariff increases on Chinese imports of solar wafers, polysilicon, and tungsten products.

Progress

64% Bias Score

Reduced Inequality
french.china.org.cn
🌐 85% Global Worthiness
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ADB Lowers Asia Growth Forecast Amidst US Uncertainty, China's Economic Strength Remains

The Asian Development Bank lowered its growth forecast for developing Asia to 4.9% in 2024 and 4.8% in 2025 due to uncertainty about US policy changes, contrasting with China's stable growth forecast and positive assessment by international organizations.

Progress

52% Bias Score

Decent Work and Economic Growth
repubblica.it
🌐 75% Global Worthiness
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Asian Markets Surge on China Policy Optimism and US Inflation Data

Asian stock markets closed higher on December 15th, 2023, driven by China's economic work conference and US inflation data; Hong Kong's Hang Seng Index rose 1.20%, Shanghai Composite 0.85%, and Shenzhen Component 1%. Brunello Cucinelli's stock surged 6.52% after raising its 2024 revenue guidance, wh...

Progress

24% Bias Score

Decent Work and Economic Growth
euronews.com
🌐 85% Global Worthiness
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Global Bond Yields Rise, Stalling European Markets Amidst Contrasting US and China Economic Trends

Rising global government bond yields stalled European stock market rallies, while the US and China showed contrasting economic trends: the US saw stable inflation and a gradual Fed rate cut expectation, while China's stimulus boosted its stock markets and commodity prices, despite global uncertainti...

Progress

44% Bias Score

Decent Work and Economic Growth
cnbc.com
🌐 85% Global Worthiness
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Broadcom's AI Market Projections, Costco's Earnings, and Other Market Trends

Broadcom's strong earnings report, showing soaring demand for AI computing, sent its shares up 17%, while also impacting the outlook for Nvidia; Costco's better-than-expected earnings led to multiple price target increases; and several other market trends are discussed.

Progress

40% Bias Score

Industry, Innovation, and Infrastructure
theglobeandmail.com
🌐 85% Global Worthiness
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Strong Dollar, High Yields Squeeze Emerging Markets

The strong U.S. dollar and high Treasury yields are creating significant challenges for emerging economies, exemplified by China and Brazil's contrasting yet similarly ineffective responses, resulting in weak currencies and slow growth; capital flows to emerging markets are projected to decline by 2...

Progress

48% Bias Score

Reduced Inequality
cnbc.com
🌐 75% Global Worthiness
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Bank of Japan Postpones Interest Rate Decision Until 2025

The Bank of Japan is likely to keep interest rates unchanged next week, delaying a decision until January or March to assess global risks and wage growth, despite some board members favoring a December rate hike; the Tankan survey showed stronger than expected business sentiment.

Progress

24% Bias Score

Decent Work and Economic Growth
cnbc.com
🌐 85% Global Worthiness
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SNB Cuts Interest Rate by 50 Basis Points Amid Inflationary Pressures and Economic Slowdown

The Swiss National Bank unexpectedly cut its key interest rate by 50 basis points to 0.5%, exceeding expectations, to combat low inflation and a strong Swiss franc, while the economy shows signs of slowing with below-average growth and weak indicators in key sectors.

Progress

20% Bias Score

Decent Work and Economic Growth
smh.com.au
🌐 90% Global Worthiness
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China's EV Dominance Triggers Global Auto Industry Crisis

The global auto industry is in crisis, with legacy carmakers like GM, Nissan, and Stellantis struggling against China's rapidly expanding and cost-effective EV sector, resulting in significant write-downs, plant closures, and job losses.

Progress

44% Bias Score

Industry, Innovation, and Infrastructure