Tag #Global Economy

forbes.com
🌐 90% Global Worthiness
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US-China Trade War Risks Major Escalation

The US-China trade war, initiated in 2018, risks escalating further as President-elect Trump considers substantially higher tariffs on Chinese goods, potentially causing a 0.5-1.0 percentage point reduction in China's economic growth by 2025, and prompting China to retaliate using new sweeping laws ...

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40% Bias Score

cnbc.com
🌐 85% Global Worthiness
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Campari and Volvo Shares Rise Amidst South Korean Political Turmoil

Campari shares rose 4.66% after appointing Simon Hunt as CEO, while Volvo shares increased 2.8% due to a 5% year-on-year sales growth in November, driven by a 40% surge in electrified vehicle sales; meanwhile, South Korean markets fell due to political instability.

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24% Bias Score

dw.com
🌐 85% Global Worthiness
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Türkiye Ekonomisi: Yüksek Büyüme, Yüksek Enflasyon

OECD raporuna göre, Türkiye ekonomisi 2023 yılında G20 ülkeleri arasında %6.8 büyüme oranıyla 5. sırada, OECD ülkeleri arasında ise 2. sırada yer alırken, 2024 için %58.3 enflasyon tahmini yapıldı. Raporda, 2024-2026 yılları için büyüme ve enflasyon oranları ayrıntılı olarak yer almaktadır.

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36% Bias Score

dw.com
🌐 85% Global Worthiness
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Global Arms Sales Surge to $632 Billion in 2023

Global arms sales reached $632 billion in 2023, a 4.2% increase driven by the Ukraine war, East Asia tensions, and the Gaza conflict; Russian firms saw a 40% surge, while German firms rose by 7.5%, contrasting with overall slow European growth at 0.2%.

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44% Bias Score

nbcnews.com
🌐 85% Global Worthiness
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Stellantis CEO Carlos Tavares Resigns Amid Financial Struggles

Stellantis CEO Carlos Tavares resigned Sunday due to differing views with the board, effective immediately; the company will search for a replacement during the first half of 2025, while chairman John Elkann leads an interim committee.

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44% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
🌐 85% Global Worthiness
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BRICS Economic Weakness Undermines Claims of Western Financial Decline

Despite claims of a rising BRICS alternative to the Western economic order, the article argues this is premature due to significant internal economic and political challenges within Brazil, Russia, India, China, and South Africa, undermining their capacity to replace Western financial dominance.

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68% Bias Score

africa.chinadaily.com.cn
🌐 85% Global Worthiness
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China to Implement Incremental Monetary Policies in 2025

China will implement incremental monetary policies in 2025 to stabilize economic growth and boost domestic demand, with the PBOC using a mix of tools to manage liquidity and reduce financing costs while changes to M1 calculations will improve economic activity interpretations.

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32% Bias Score

lefigaro.fr
🌐 85% Global Worthiness
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OECD Downgrades Germany, France Growth Forecasts for 2025

The OECD slashed its 2025 growth forecasts for Germany to 0.9% and France to 0.7% due to political uncertainty and economic headwinds, though global growth remains at 3.3% thanks to US strength.

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36% Bias Score

welt.de
🌐 75% Global Worthiness
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Seoul and Brisbane Top List of Most Affordable Global Capitals

A new index by Compare the Market ranks Seoul, South Korea, as the city with the lowest cost of living among 42 global capitals, followed by Brisbane, Australia, due to factors like low unemployment, affordable housing, and public transport.

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48% Bias Score

cnbc.com
🌐 85% Global Worthiness
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Euro Tumbles Amid French Political Uncertainty and Interest Rate Divergence

The euro fell 0.72% against the dollar to $1.0497 on Monday due to political instability in France and differing interest rate expectations between the U.S. and Europe, with the market pricing in a possible rate cut from the ECB.

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32% Bias Score

cnnespanol.cnn.com
🌐 85% Global Worthiness
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Trump Threatens 100% Tariffs on BRICS Nations Over Potential New Currency

President-elect Donald Trump threatened 100% tariffs against BRICS nations—including Brazil, Russia, India, China, South Africa, and several new members—if they create a new currency to rival the US dollar, escalating trade tensions and geopolitical competition.

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44% Bias Score

cnbc.com
🌐 85% Global Worthiness
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European Markets Rise Amid Easing US Chip Restrictions, Russian Ruble Weakness

European markets closed higher on Thursday, boosted by a surge in Direct Line shares after rejecting a takeover bid and easing US chip export restrictions. Meanwhile, the Russian ruble weakened to its lowest level since March 2022, and China announced tighter tungsten export controls.

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48% Bias Score