Billionaire Wealth Surges to $15 Trillion, Exceeding Eurozone GDP
In 2024, the wealth of billionaires globally reached $15 trillion, equivalent to the eurozone's GDP, increasing by $2 trillion—three times faster than the previous year—while global poverty remained largely unchanged since 1990, prompting Oxfam to call for wealth taxes and regulatory changes.
Billionaire Wealth Surges to $15 Trillion, Exceeding Eurozone GDP
In 2024, the wealth of billionaires globally reached $15 trillion, equivalent to the eurozone's GDP, increasing by $2 trillion—three times faster than the previous year—while global poverty remained largely unchanged since 1990, prompting Oxfam to call for wealth taxes and regulatory changes.
Progress
56% Bias Score
Lloyds Predicts Three U.K. Interest Rate Cuts in 2025
Lloyds Banking Group CEO Charlie Nunn predicts three Bank of England interest rate cuts in 2025, reflecting market expectations and potentially impacting the U.K. mortgage market; this comes amid a backdrop of global economic slowdown and regulatory actions against the bank for mis-sold auto loans.
Lloyds Predicts Three U.K. Interest Rate Cuts in 2025
Lloyds Banking Group CEO Charlie Nunn predicts three Bank of England interest rate cuts in 2025, reflecting market expectations and potentially impacting the U.K. mortgage market; this comes amid a backdrop of global economic slowdown and regulatory actions against the bank for mis-sold auto loans.
Progress
32% Bias Score
Trump's Wind Leasing Halt Slams European Wind Companies
President Trump suspended new US offshore wind leases, causing a 17% drop in Orsted's shares due to a $1.69 billion impairment charge and impacting other European wind companies; the decision is linked to higher costs and delays in projects.
Trump's Wind Leasing Halt Slams European Wind Companies
President Trump suspended new US offshore wind leases, causing a 17% drop in Orsted's shares due to a $1.69 billion impairment charge and impacting other European wind companies; the decision is linked to higher costs and delays in projects.
Progress
44% Bias Score
Davos 2025: Global Collaboration in the Face of Uncertainty
The World Economic Forum's 55th annual meeting in Davos, Switzerland (Jan 20-24, 2025), addresses global collaboration amidst geopolitical tensions, climate change, and rapid technological advancements, with a focus on AI's responsible adoption and China's economic role.
Davos 2025: Global Collaboration in the Face of Uncertainty
The World Economic Forum's 55th annual meeting in Davos, Switzerland (Jan 20-24, 2025), addresses global collaboration amidst geopolitical tensions, climate change, and rapid technological advancements, with a focus on AI's responsible adoption and China's economic role.
Progress
36% Bias Score
Billionaire Wealth Surges to $15 Trillion Amid Stagnant Global Poverty
Oxfam's 2025 inequality report reveals a $2 trillion surge in billionaire wealth to $15 trillion in 2024, the second-largest annual increase on record, while global poverty remains stagnant since 1990, with the richest 1% owning nearly 45% of global wealth and Oxfam predicting at least five trillion...
Billionaire Wealth Surges to $15 Trillion Amid Stagnant Global Poverty
Oxfam's 2025 inequality report reveals a $2 trillion surge in billionaire wealth to $15 trillion in 2024, the second-largest annual increase on record, while global poverty remains stagnant since 1990, with the richest 1% owning nearly 45% of global wealth and Oxfam predicting at least five trillion...
Progress
64% Bias Score
AI's Energy Surge: A Trillion-Dollar Infrastructure Challenge
The burgeoning field of artificial intelligence is projected to consume over \$1 trillion in infrastructure investment and double data center energy usage by 2026, necessitating innovative solutions and policy changes to manage the escalating resource demands.
AI's Energy Surge: A Trillion-Dollar Infrastructure Challenge
The burgeoning field of artificial intelligence is projected to consume over \$1 trillion in infrastructure investment and double data center energy usage by 2026, necessitating innovative solutions and policy changes to manage the escalating resource demands.
Progress
24% Bias Score
China Urges Balanced Trade Amidst Renewed US Trade War Fears
Chinese Vice Premier Ding Xuexiang urged against protectionism at the Davos World Economic Forum, expressing China's desire for balanced trade amidst concerns of a renewed trade war with the US under Trump's presidency, highlighting China's efforts to boost domestic consumption and ease foreign inve...
China Urges Balanced Trade Amidst Renewed US Trade War Fears
Chinese Vice Premier Ding Xuexiang urged against protectionism at the Davos World Economic Forum, expressing China's desire for balanced trade amidst concerns of a renewed trade war with the US under Trump's presidency, highlighting China's efforts to boost domestic consumption and ease foreign inve...
Progress
40% Bias Score
Indonesia Leverages China Ties, South-South Cooperation Amidst Trump's Return
Indonesia faces economic uncertainty from Trump's return but seeks to leverage stronger ties with China, exemplified by $139.26 billion in bilateral trade in 2023 and over $7 billion in Chinese investment, and expand South-South partnerships to mitigate risks and boost its global influence.
Indonesia Leverages China Ties, South-South Cooperation Amidst Trump's Return
Indonesia faces economic uncertainty from Trump's return but seeks to leverage stronger ties with China, exemplified by $139.26 billion in bilateral trade in 2023 and over $7 billion in Chinese investment, and expand South-South partnerships to mitigate risks and boost its global influence.
Progress
48% Bias Score
AI's Energy Consumption: A \$1 Trillion Infrastructure Challenge
The escalating energy demands of AI, projected to consume over \$1 trillion in infrastructure and potentially double data center energy consumption by 2026, necessitate global policy interventions and technological innovations to mitigate its environmental impact, while balancing its potential benef...
AI's Energy Consumption: A \$1 Trillion Infrastructure Challenge
The escalating energy demands of AI, projected to consume over \$1 trillion in infrastructure and potentially double data center energy consumption by 2026, necessitate global policy interventions and technological innovations to mitigate its environmental impact, while balancing its potential benef...
Progress
40% Bias Score
Trump's Economic Policies to Diverge US and Eurozone Monetary Policy
Donald Trump's second term begins with an economic agenda including trade tariffs, tax cuts, and immigration restrictions, potentially impacting global growth, inflation, and interest rates, with the Eurozone's ECB likely to continue interest rate cuts while the US Fed may maintain or even increase ...
Trump's Economic Policies to Diverge US and Eurozone Monetary Policy
Donald Trump's second term begins with an economic agenda including trade tariffs, tax cuts, and immigration restrictions, potentially impacting global growth, inflation, and interest rates, with the Eurozone's ECB likely to continue interest rate cuts while the US Fed may maintain or even increase ...
Progress
32% Bias Score
Trump Inauguration: Cautious Markets, Currency Volatility
On Monday, following Trump's inauguration, the dollar fell slightly while stocks were cautiously positive; however, the Canadian dollar and Mexican peso reached multi-year lows due to concerns about Trump's potential tariffs, while his new cryptocurrency, "$TRUMP", saw massive volatility, reaching n...
Trump Inauguration: Cautious Markets, Currency Volatility
On Monday, following Trump's inauguration, the dollar fell slightly while stocks were cautiously positive; however, the Canadian dollar and Mexican peso reached multi-year lows due to concerns about Trump's potential tariffs, while his new cryptocurrency, "$TRUMP", saw massive volatility, reaching n...
Progress
64% Bias Score
Davos 2024: Trump's Return Dominates WEF Agenda Amidst Geopolitical Uncertainty
The World Economic Forum's annual meeting in Davos, Switzerland, from January 16-20, brings together global leaders to discuss pressing issues like the war in Ukraine, economic instability, and the return of Donald Trump, who will address the forum digitally.
Davos 2024: Trump's Return Dominates WEF Agenda Amidst Geopolitical Uncertainty
The World Economic Forum's annual meeting in Davos, Switzerland, from January 16-20, brings together global leaders to discuss pressing issues like the war in Ukraine, economic instability, and the return of Donald Trump, who will address the forum digitally.
Progress
48% Bias Score