Tag #Global Economy

theguardian.com
🌐 90% Global Worthiness
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Trump Imposes Sweeping Tariffs on Canada, Mexico, and China

President Donald Trump will impose tariffs of 25% on goods from Canada and Mexico, and 10% on goods from China starting Saturday, potentially sparking a trade war; Canada and Mexico have prepared retaliatory measures, while China vows to defend its interests.

Progress

48% Bias Score

Reduced Inequality
bbc.com
🌐 85% Global Worthiness
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Trump Announces Tariffs on Canadian and Mexican Imports

On February 1st, President Trump will impose 25% tariffs on Canadian and Mexican imports, aiming to curb undocumented migration and fentanyl trafficking, potentially impacting the cost of living due to higher energy prices; a decision on oil tariffs is pending, and tariffs on China are also planned.

Progress

36% Bias Score

Reduced Inequality
lemonde.fr
🌐 85% Global Worthiness
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Germany's Economic Stagnation: €370 Billion Lost Since 2019

Germany's GDP has stagnated since 2019, resulting in €370 billion in lost growth due to factors such as increased Chinese competition, failed Russian gas reliance, and rising social spending.

Progress

48% Bias Score

Decent Work and Economic Growth
tr.euronews.com
🌐 85% Global Worthiness
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Trump Announces Tariffs on Canadian and Mexican Goods, Oil Import Decision Pending

President Trump announced a 25% tariff on goods from Canada and Mexico, starting February 1st, 2024, with a pending decision on oil imports, aiming to curb illegal immigration and fentanyl smuggling; this could increase energy costs, contradicting his campaign pledge to lower inflation.

Progress

44% Bias Score

Affordable and Clean Energy
repubblica.it
🌐 75% Global Worthiness
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Global M&A Activity Shows Modest Growth in 2024

Global M&A activity reached \$2.1 trillion in 2024, a 3% increase from 2023, driven by decreasing inflation and interest rates; Europe saw a 16% increase to \$483 billion, while the Asia-Pacific region lagged.

Progress

36% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
🌐 85% Global Worthiness
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Oil Prices Stable Amidst Looming U.S. Tariffs on Canadian and Mexican Oil

On Thursday, oil prices remained relatively unchanged at $76.48 per barrel for Brent crude and $72.46 for U.S. crude, primarily due to investor concerns surrounding potential U.S. tariffs on oil imports from Canada and Mexico, the U.S.'s two largest crude suppliers.

Progress

36% Bias Score

Affordable and Clean Energy
dailymail.co.uk
🌐 85% Global Worthiness
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ECB Cuts Rates Again Amid Eurozone Economic Stagnation

The European Central Bank cut interest rates to 2.75 percent for the fifth time since June, responding to the eurozone's stagnant economy and recessionary risks in Germany and France, while the US economy grew by 2.8 percent in 2024.

Progress

48% Bias Score

Decent Work and Economic Growth
dw.com
🌐 85% Global Worthiness
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Trump Threatens BRICS with 100% Tariffs Over Reserve Currency

US President Donald Trump threatened BRICS nations with 100% tariffs on Thursday if they replace the US dollar as reserve currency, adding to similar threats made after the 2024 election; he also threatened 25% tariffs on imports from Canada and Mexico from Saturday, potentially impacting oil, to co...

Progress

60% Bias Score

Reduced Inequality
welt.de
🌐 85% Global Worthiness
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EU Urged to Prioritize Pragmatism Over Retaliation in Trade Dispute with US

Germany's export-oriented economy faces threats from Trump's tariffs; the EU should prioritize strengthening its security partnership with the US, strategically negotiating trade deals, and adjusting sustainability demands in free trade agreements to avoid escalating protectionism.

Progress

44% Bias Score

Decent Work and Economic Growth
forbes.com
🌐 85% Global Worthiness
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Trump's Potential Oil Tariffs: Economic Impacts and Global Implications

President Trump may impose tariffs up to 25% on oil imports from Canada and Mexico on February 1st, potentially impacting U.S. gasoline prices and Canada's GDP, although the final decision remains uncertain.

Progress

36% Bias Score

Affordable and Clean Energy
theglobeandmail.com
🌐 85% Global Worthiness
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Global Markets Mixed Amid Tech Earnings, Rate Decisions, and Tariff Threat

Global markets showed mixed reactions to corporate earnings and economic data; Canada's TSX index rose 0.71%, while US markets were mixed, with the Dow falling 0.37%, S&P 500 up 0.19%, and Nasdaq up 0.33%; oil prices fell due to potential tariffs on Canadian and Mexican oil.

Progress

36% Bias Score

Decent Work and Economic Growth
theguardian.com
🌐 85% Global Worthiness
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Trump's Automotive Policies Threaten Global Car Industry

President Trump's proposed policies, including tariffs on imported cars and the removal of electric vehicle subsidies, aim to bolster US gas-powered vehicle production but threaten to disrupt the global automotive industry, particularly for European and UK manufacturers.

Progress

44% Bias Score

Climate Action