Bitcoin Surpasses \$100,000 Amidst Growing Institutional and Government Adoption
Bitcoin surpassed \$100,000 for the first time, driven by growing global adoption, institutional investment, and potential government backing, as evidenced by El Salvador's profits and the incoming Trump administration's proposed Bitcoin reserve.
Bitcoin Surpasses \$100,000 Amidst Growing Institutional and Government Adoption
Bitcoin surpassed \$100,000 for the first time, driven by growing global adoption, institutional investment, and potential government backing, as evidenced by El Salvador's profits and the incoming Trump administration's proposed Bitcoin reserve.
Progress
52% Bias Score
G10 Central Banks' Rate Decisions to Trigger Heightened FX Volatility
In December 2024, almost every G10 central bank will announce interest rate decisions within 10 days, creating heightened FX market volatility due to uncertainties around US trade policy and geopolitical tensions, and potentially impacting investors' strategies.
G10 Central Banks' Rate Decisions to Trigger Heightened FX Volatility
In December 2024, almost every G10 central bank will announce interest rate decisions within 10 days, creating heightened FX market volatility due to uncertainties around US trade policy and geopolitical tensions, and potentially impacting investors' strategies.
Progress
56% Bias Score
OPEC+ Limits Oil Production Until 2024
OPEC+ will maintain voluntary oil production limits until April 2024, then gradually increase to normal levels by September 2024, aiming to keep prices around \$70 per barrel of Brent crude, despite decreasing global demand and increasing US production.
OPEC+ Limits Oil Production Until 2024
OPEC+ will maintain voluntary oil production limits until April 2024, then gradually increase to normal levels by September 2024, aiming to keep prices around \$70 per barrel of Brent crude, despite decreasing global demand and increasing US production.
Progress
36% Bias Score
Global Markets Mixed Amid US Data, Political Crises
Global markets saw mixed performance due to positive US economic data signaling a potential 'soft landing', but political crises in South Korea and France caused volatility; next week, focus shifts to US inflation and the ECB's interest rate decision.
Global Markets Mixed Amid US Data, Political Crises
Global markets saw mixed performance due to positive US economic data signaling a potential 'soft landing', but political crises in South Korea and France caused volatility; next week, focus shifts to US inflation and the ECB's interest rate decision.
Progress
24% Bias Score
Canadian Exporters Hedge Against US Tariff Threat
Facing potential 25% US tariffs, Canadian exporters are increasing US inventory shipments and covering tariff costs for clients, mirroring 2018 responses to steel and aluminum tariffs, while also planning longer-term strategies like increased US production and market diversification.
Canadian Exporters Hedge Against US Tariff Threat
Facing potential 25% US tariffs, Canadian exporters are increasing US inventory shipments and covering tariff costs for clients, mirroring 2018 responses to steel and aluminum tariffs, while also planning longer-term strategies like increased US production and market diversification.
Progress
32% Bias Score
Russian Businesses Turn to Bartering Amidst Western Sanctions
Facing Western sanctions due to the war in Ukraine, Russian businesses are increasingly resorting to bartering goods, exemplified by Astarta Agrotrading's chickpea-for-rice and chickpea-for-mandarin deals with Pakistan, despite unresolved issues like customs taxes and valuation.
Russian Businesses Turn to Bartering Amidst Western Sanctions
Facing Western sanctions due to the war in Ukraine, Russian businesses are increasingly resorting to bartering goods, exemplified by Astarta Agrotrading's chickpea-for-rice and chickpea-for-mandarin deals with Pakistan, despite unresolved issues like customs taxes and valuation.
Progress
40% Bias Score
Global Auto Industry Navigates EV Transition, Geopolitical Tensions, and Investment Opportunities
The global automotive industry confronts intense structural changes, geopolitical pressures, and evolving consumer demands, leading to challenges like the EV transition and potential US import tariffs, yet presenting investment opportunities.
Global Auto Industry Navigates EV Transition, Geopolitical Tensions, and Investment Opportunities
The global automotive industry confronts intense structural changes, geopolitical pressures, and evolving consumer demands, leading to challenges like the EV transition and potential US import tariffs, yet presenting investment opportunities.
Progress
12% Bias Score
China Pledges Increased International Economic Cooperation
Chinese Premier Li Qiang on Monday pledged increased Chinese commitment to multilateralism and international economic cooperation to address global economic uncertainty, emphasizing China's sustained economic growth as a positive contribution to the world economy.
China Pledges Increased International Economic Cooperation
Chinese Premier Li Qiang on Monday pledged increased Chinese commitment to multilateralism and international economic cooperation to address global economic uncertainty, emphasizing China's sustained economic growth as a positive contribution to the world economy.
Progress
16% Bias Score
12.5 Million Workers Serve the Super-Rich: A Booming Industry
A Morgan Stanley study reveals over 12.5 million people globally work for the super-rich, with salaries ranging from $67,000 for gardeners to $151,000 for estate managers, a number fueled by the 626,000 individuals with a net worth exceeding $30 million.
12.5 Million Workers Serve the Super-Rich: A Booming Industry
A Morgan Stanley study reveals over 12.5 million people globally work for the super-rich, with salaries ranging from $67,000 for gardeners to $151,000 for estate managers, a number fueled by the 626,000 individuals with a net worth exceeding $30 million.
Progress
40% Bias Score
EU-Mercosur Free Trade Deal Finalized Despite French Opposition
The European Union and Mercosur finalized a free trade agreement after 25 years of negotiations, creating a massive free trade zone covering 780 million people and nearly 25% of global GDP, despite significant opposition from France and other EU countries.
EU-Mercosur Free Trade Deal Finalized Despite French Opposition
The European Union and Mercosur finalized a free trade agreement after 25 years of negotiations, creating a massive free trade zone covering 780 million people and nearly 25% of global GDP, despite significant opposition from France and other EU countries.
Progress
40% Bias Score
China's Report Highlights Obstacles to Achieving UN's 2030 Agenda
China's 2024 Global Development Report, released Friday, identifies weak global growth, insufficient climate action, and geopolitical conflicts as major obstacles to achieving the UN's 2030 Sustainable Development Goals, urging international cooperation and a solution-driven approach.
China's Report Highlights Obstacles to Achieving UN's 2030 Agenda
China's 2024 Global Development Report, released Friday, identifies weak global growth, insufficient climate action, and geopolitical conflicts as major obstacles to achieving the UN's 2030 Sustainable Development Goals, urging international cooperation and a solution-driven approach.
Progress
40% Bias Score
EU-Mercosur Free Trade Agreement Finalized After 25 Years
After 25 years of negotiations, the EU and Mercosur finalized a free trade agreement in Montevideo, Uruguay, encompassing 700 million people across 32 countries and gradually eliminating tariffs on 91% of products; however, concerns remain regarding its impact on European agriculture and the Amazon.
EU-Mercosur Free Trade Agreement Finalized After 25 Years
After 25 years of negotiations, the EU and Mercosur finalized a free trade agreement in Montevideo, Uruguay, encompassing 700 million people across 32 countries and gradually eliminating tariffs on 91% of products; however, concerns remain regarding its impact on European agriculture and the Amazon.
Progress
52% Bias Score