Tag #Global Economy

Showing 337 to 348 of 2,274 results

smh.com.au
🌐 85% Global Worthiness
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Moody's Downgrades US Credit Rating Amid Debt Concerns

Moody's downgraded the US government's credit rating to "Aa1" from "Aaa" due to unsustainable debt and political gridlock, causing initial market drops but limited lasting impact, while adding to existing investor concerns including President Trump's trade war.

Progress

48% Bias Score

Reduced Inequality
themarker.com
🌐 85% Global Worthiness
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European Markets Dip After US Downgrade, UK-EU Summit Planned

European stock markets fell following a US credit rating downgrade by Moody's, while the dollar weakened against major currencies; a UK-EU summit aims to create a new security pact and reduce trade barriers.

Progress

40% Bias Score

Decent Work and Economic Growth
theguardian.com
🌐 75% Global Worthiness
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Diageo's Tariff Losses Reduced, but Investor Confidence Remains Low

Diageo's projected profit loss from US tariffs decreased to \$150 million annually from an initial estimate of \$200 million due to tariff adjustments, impacting its Canadian, Mexican, UK, and EU exports; the company aims to mitigate half the impact and enhance profitability through cost savings and...

Progress

40% Bias Score

Decent Work and Economic Growth
usa.chinadaily.com.cn
🌐 85% Global Worthiness
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China's Economic Leadership and Global Collaboration

ACCA chief executive Helen Brand stated that China is a global leader in green energy, electric vehicles, and technological innovation, and that a new initiative aims to match financial institutions in Beijing with global professional service providers to further enhance China's economic success.

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56% Bias Score

Decent Work and Economic Growth
repubblica.it
🌐 85% Global Worthiness
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EU Prepares Targeted Retaliation Against US Tariffs

ECB President Christine Lagarde announced on April 18, 2025, that the EU will prioritize dialogue with the US regarding tariffs but is prepared to implement targeted retaliatory measures if negotiations fail, focusing on specific sectors to maximize impact.

Progress

44% Bias Score

Decent Work and Economic Growth
cnn.com
🌐 85% Global Worthiness
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US Tariffs to Increase Unless Trade Deals are Reached; Moody's Downgrades US Credit Rating

Treasury Secretary Scott Bessent announced that tariffs on goods from 18 major trading partners will revert to April 2 levels unless trade deals are reached within 90 days; the US credit rating was downgraded by Moody's due to the growing national debt.

Progress

48% Bias Score

Decent Work and Economic Growth
smh.com.au
🌐 85% Global Worthiness
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Australia and EU to Restart Free Trade Agreement Negotiations

Australia and the European Union are poised to restart negotiations for a free trade agreement, aiming to counter protectionism and boost economic growth; Trade Minister Don Farrell will meet his EU counterpart to discuss improved market access for Australian agricultural exports, including beef, la...

Progress

56% Bias Score

Decent Work and Economic Growth
usa.chinadaily.com.cn
🌐 85% Global Worthiness
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Sino-US Trade Talks Signal Potential Shift Towards Cooperation

Following a period of US tariffs and technological restrictions, Chinese Vice-Premier He Lifeng met with US Treasury Secretary Scott Bessent and US Trade Representative Jamieson Greer in Geneva on May 10-11, signaling a potential shift in US strategy toward cooperation in the face of China's economi...

Progress

60% Bias Score

Reduced Inequality
aljazeera.com
🌐 90% Global Worthiness
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US, China Pause Tariffs Amidst Economic Instability

The US and China agreed to a 90-day pause on reciprocal tariffs on May 12, marking a reversal of President Trump's protectionist measures that destabilized the global economy; this follows reports of shrinking US GDP and corporate profit cuts.

Progress

60% Bias Score

Reduced Inequality
theguardian.com
🌐 85% Global Worthiness
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Trump Tariff Pause: Temporary Relief Amidst Looming Trade War

A temporary pause on some Trump-era tariffs on Chinese goods offers short-term relief, but existing and potentially reinstated tariffs pose major challenges for US businesses reliant on Chinese imports, especially smaller companies with limited resources.

Progress

56% Bias Score

Decent Work and Economic Growth
zeit.de
🌐 85% Global Worthiness
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US and Asian Companies Outperform European Rivals in 2024 Revenue and Profit

A 2024 EY study analyzing the world's 1000 largest companies revealed that US and Asian firms significantly outperformed European companies in revenue and profit, with US companies experiencing a 4.5% revenue increase, Asian companies a 3.2% increase, and European companies a 1.1% decrease. Profit i...

Progress

48% Bias Score

Decent Work and Economic Growth
nrc.nl
🌐 85% Global Worthiness
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Trump's Trade War: EU Faces Long-Term Dependence Dilemma

Trump's unpredictable trade policies, marked by temporary tariff reductions with China and vague, non-binding agreements with the UK, create global uncertainty; experts advise the EU to prioritize long-term independence over short-term deals to mitigate risks.

Progress

44% Bias Score

Decent Work and Economic Growth

Showing 337 to 348 of 2,274 results