Tag #Global Economy

africa.chinadaily.com.cn
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US Tariffs Indirectly Impact Southeast Asia's Export-Dependent Economy

The US imposed tariffs on Canada, Mexico, and China, indirectly impacting Southeast Asia's export-dependent economy by potentially slowing global trade and reducing export revenues and investment. ASEAN nations are exploring diversification of trade partners to mitigate the effects.

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36% Bias Score

Decent Work and Economic Growth
bbc.com
🌐 85% Global Worthiness
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China Imposes New Tariffs on US Goods Amidst Ongoing Trade Talks

China announced retaliatory tariffs of 10-15% on various US goods, effective February 10th, but ongoing high-level talks between US and Chinese leaders suggest a potential deal before then to avoid escalating trade tensions.

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28% Bias Score

Decent Work and Economic Growth
euronews.com
🌐 75% Global Worthiness
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Pernod Ricard Cuts Sales Outlook Amidst Weak China Performance

French drinks giant Pernod Ricard reported a 4% fall in organic net sales to €6,176 million for the first half of fiscal year 2025, primarily due to weak Chinese sales and unfavorable exchange rates; the company now expects low single-digit sales decline for the full year.

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40% Bias Score

Responsible Consumption and Production
cincodias.elpais.com
🌐 75% Global Worthiness
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Santander's Strong Profits, Weak Stock Price

Despite exceeding its 2025 target of 15% tangible equity return, with 8% sales growth to €62 billion and €3.3 billion net profit in 2024, Santander's stock price underperforms due to investor concerns about interest rate impacts and geographic diversification, leaving CEO Ana Botín with limited opti...

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40% Bias Score

Decent Work and Economic Growth
elpais.com
🌐 90% Global Worthiness
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China's Retaliatory Tariffs Escalate US Trade War

China retaliated against US trade actions by imposing a 10% tariff on US imports starting yesterday, adding 10-15% tariffs on various US goods on February 10th, restricting metal exports crucial for electronics and other industries, and opening a monopoly investigation into Google; this escalates a ...

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48% Bias Score

Decent Work and Economic Growth
dailymail.co.uk
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Gates Predicts AI Revolution in Education, Healthcare, and Work

Bill Gates, during a recent appearance on the Jimmy Fallon show, predicted AI will revolutionize education and healthcare within a decade, potentially changing the traditional work week and raising concerns about AI's impact on the job market; this comes as DeepSeek's cost-effective AI chatbot devel...

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60% Bias Score

Quality Education
africa.chinadaily.com.cn
🌐 85% Global Worthiness
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Trump's Tariffs Exacerbate US Trade Deficit Risks

President Trump imposed additional tariffs on China, Canada, and Mexico, despite trade agreements, potentially harming the US economy by raising prices and reducing export competitiveness while failing to address the underlying issue of a strong US dollar.

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48% Bias Score

Reduced Inequality
fr.euronews.com
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Global Markets Roiled by US Tariffs: AIIB Emphasizes Multilateralism

Economists predict that US tariffs will slow global economic growth and increase inflation; the Asian Infrastructure Investment Bank (AIIB) stresses the importance of multilateralism to counteract these effects; the EU threatens retaliation.

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40% Bias Score

Decent Work and Economic Growth
cincodias.elpais.com
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ECB Rate Cut Boosts European Real Estate, But US Trade Tensions Loom

The ECB's interest rate cut is expected to boost European real estate investment, but US trade tensions and inflation pose significant risks, potentially limiting the recovery; 10-year US bonds yield 4.45%, German bonds 2.36%, while prime office yields are around 4-4.5%.

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44% Bias Score

Decent Work and Economic Growth
nbcnews.com
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China Tariffs Increase Auto Part Costs, Impacting U.S. Consumers

President Trump's 10% tariff increase on Chinese imports will primarily affect Ford and GM, impacting their Lincoln Nautilus and Buick Envision models, and increasing auto part costs; this adds to already high vehicle prices, potentially dampening sales.

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44% Bias Score

Reduced Inequality
cnn.com
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US-China Trade Dispute Escalates with Retaliatory Tariffs

The US imposed a 10% tariff on all Chinese goods, prompting China to retaliate with tariffs on specific US goods and adding two US firms to its unreliable entities list; this action could escalate into a broader trade war with significant economic consequences.

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56% Bias Score

Decent Work and Economic Growth
cincodias.elpais.com
🌐 85% Global Worthiness
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Trump's Tariffs Trigger Market Volatility

Donald Trump's tariff strategy has triggered immediate market reactions, with companies like Canada Goose and WW Grainger experiencing significant stock declines; analysts predict an 8% reduction in S&P 500 earnings if all tariffs are implemented, impacting various sectors including retail, automoti...

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44% Bias Score

Reduced Inequality