Tag #Global Economy

Showing 301 to 312 of 2,338 results

theglobeandmail.com
🌐 85% Global Worthiness
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Canadian Banks Increase Loan Loss Provisions Amidst US Trade Uncertainty

RBC and CIBC increased loan-loss provisions to \$1.42 billion and \$605 million respectively in Q2 2024, driven by US trade uncertainty impacting consumer and business debt conditions; RBC exceeded, while CIBC fell short of analyst expectations.

Progress

32% Bias Score

Decent Work and Economic Growth
forbes.com
🌐 90% Global Worthiness
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U.S. Tariffs Trigger Widespread Corporate Profit Warnings

Facing significant headwinds from newly implemented tariffs, major U.S. retailers and manufacturers, including Best Buy, Abercrombie & Fitch, Macy's, Target, Diageo, Walmart, Toyota, Ford, and many others, are lowering profit and sales projections, citing substantial financial impacts and uncertaint...

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64% Bias Score

Reduced Inequality
themarker.com
🌐 85% Global Worthiness
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Nvidia Surges, Trump's Tariffs Deemed Illegal: Market Reacts to Conflicting Signals

Nvidia exceeded Q1 expectations, boosting its stock; a US court deemed Trump's tariff plan illegal, impacting Wall Street futures; Elon Musk resigned from the Trump administration; and global market reactions reflect both optimism and recessionary risks.

Progress

40% Bias Score

Reduced Inequality
chinadaily.com.cn
🌐 85% Global Worthiness
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China Becomes Norway's Fastest-Growing Seafood Market

Norway's seafood exports to China surged in 2024, reaching 182,000 metric tons ($926 million), a 14 percent increase in volume and 10 percent in value year-on-year, driven by growing demand for salmon and a fivefold increase in coldwater prawn exports.

Progress

40% Bias Score

Zero Hunger
smh.com.au
🌐 85% Global Worthiness
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US Stocks Mixed Amid Rising US Debt Concerns

US stocks saw mixed results Thursday, with concerns over rising US government debt following the House's approval of a tax-cutting bill causing market volatility, impacting the S&P 500 which is on track for its worst week in seven.

Progress

40% Bias Score

Reduced Inequality
welt.de
🌐 85% Global Worthiness
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US Court Blocks Trump's Tariffs, Citing Congressional Authority

A US federal court ruled against President Trump, permanently blocking nearly all tariffs imposed by his administration under a national emergency law, citing Congress's sole authority over international trade; the decision caused the US dollar to strengthen and stock futures to rise.

Progress

40% Bias Score

Decent Work and Economic Growth
bbc.com
🌐 90% Global Worthiness
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Court Rules Against Trump's Tariff Authority

A US court ruled President Trump exceeded his authority in imposing tariffs using a 1977 law, impacting trade negotiations and potentially leading to business refunds; the decision is subject to appeal.

Progress

36% Bias Score

europe.chinadaily.com.cn
🌐 85% Global Worthiness
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EU and UAE Launch FTA Negotiations Amidst US Trade Uncertainty

The EU and UAE launched negotiations for a bilateral Free Trade Agreement (FTA) on Wednesday, aiming to boost trade in strategic sectors like renewable energy and reduce reliance on the US, with first meetings in June focusing on tariffs and digital trade; this follows recent trade tensions with the...

Progress

36% Bias Score

Decent Work and Economic Growth
theguardian.com
🌐 85% Global Worthiness
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Trump Bill Delivers Minimal Savings Amidst Musk Criticism and Court Ruling

President Trump's economic bill, projected to save $2 trillion, has delivered only $9.4 billion in savings, leading to criticism from Elon Musk and a court ruling against Trump's tariffs; meanwhile, the debt ceiling has been raised by $4 trillion.

Progress

60% Bias Score

Reduced Inequality
smh.com.au
🌐 85% Global Worthiness
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Weak Demand in Japanese Bond Auctions Forces BoJ to Rethink Strategy

Weak demand in recent Japanese 20 and 40-year bond auctions has sent yields soaring, forcing the Bank of Japan to rethink its debt issuance strategy amid global economic uncertainty stemming from Trump's trade policies and reduced demand from major investors.

Progress

48% Bias Score

Reduced Inequality
cincodias.elpais.com
🌐 85% Global Worthiness
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Rodrik: Hyperglobalization's Rise of Populism and the Path to Sustainable Globalization

Dani Rodrik argues that unchecked hyperglobalization, prioritizing international markets over national well-being, has fueled the rise of authoritarian populism, leading to the erosion of the middle class and increased social fragmentation; he proposes a more sustainable globalization as a solution.

Progress

36% Bias Score

Reduced Inequality
china.org.cn
🌐 85% Global Worthiness
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Dubai Leads Global Luxury Real Estate Market in 2024

Dubai's luxury property market thrived in 2024, outpacing London and New York with 435 sales exceeding US\$10 million, driven by high-net-worth individuals, primarily from Saudi Arabia and India, targeting areas like Dubai Marina and Dubai Hills Estate; overall market transactions exceeded US\$207 b...

Progress

52% Bias Score

Reduced Inequality

Showing 301 to 312 of 2,338 results