Tag #Global Economy

cnbc.com
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European Markets Rise on Adidas, UK Deficit Weighs

European stock markets opened higher Wednesday, boosted by strong Adidas Q4 results and a less aggressive-than-expected U.S. trade policy stance; however, the UK reported a record December budget deficit of £17.8 billion.

Progress

52% Bias Score

Decent Work and Economic Growth
dw.com
🌐 90% Global Worthiness
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Trump Threatens Widespread Tariffs, Sparking Global Trade Tensions

President Trump, seeking to boost domestic production and reduce the US trade deficit, plans to impose 10-20% tariffs on all imported goods, a move criticized for potentially harming American consumers and businesses while benefiting other low-cost producers; he also threatens tariffs on China, the ...

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52% Bias Score

Reduced Inequality
chinadaily.com.cn
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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.

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48% Bias Score

Reduced Inequality
forbes.com
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Work-Life Balance Trumps Pay in 2024 Job Market

Randstad's 2024 survey of 26,000 workers across 35 countries shows work-life balance now outweighs pay in job choices, with 44% quitting toxic jobs (up 11% from 2023) and 48% rejecting roles from companies not sharing their values.

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48% Bias Score

Decent Work and Economic Growth
cnbc.com
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Europe Faces Innovation Lag, Warns Business Leaders

European business chiefs warn that Europe risks falling behind the U.S. and Asia in innovation due to excessive regulation, insufficient investment in AI, and President Trump's protectionist policies, urging the region to deregulate and boost competitiveness.

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56% Bias Score

Industry, Innovation, and Infrastructure
gr.euronews.com
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Trump's Tariff Announcement Causes Global Market Volatility

Global markets reacted dramatically to Donald Trump's presidency, initially rising on hints of tariff exemptions for some countries, then falling sharply after he announced 25% tariffs on Canadian and Mexican imports starting February 1st; Bitcoin briefly hit a record high before falling; oil prices...

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36% Bias Score

Decent Work and Economic Growth
cnbc.com
🌐 65% Global Worthiness
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U.K.'s Balanced Trade with U.S. Could Mitigate Trump's Tariff Impact

The U.K. had a £4.5 billion trade surplus with the U.S. in Q2 2024, contrasting with a £2.3 billion deficit in Q2 2023; this balanced trade history differentiates the U.K. from countries with persistent surpluses, potentially mitigating the impact of potential future trade tariffs imposed by Preside...

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40% Bias Score

Decent Work and Economic Growth
es.euronews.com
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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.

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56% Bias Score

Reduced Inequality
spanish.china.org.cn
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China's Growing Global Presence Highlighted at Davos 2025

At the 2025 World Economic Forum in Davos, Switzerland, Chinese companies showcased their commitment to global markets, with prominent participation from firms in solar energy, AI healthcare, and other sectors; Vice Premier Ding Xuexiang's attendance and speech emphasized multilateralism and mutuall...

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44% Bias Score

Partnerships for the Goals
cnbc.com
🌐 85% Global Worthiness
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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.

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32% Bias Score

Decent Work and Economic Growth
bbc.com
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Trump's Second Term: Domestic Focus, Global Economic Uncertainty

President Trump's second term begins with a focus on domestic policy, but his trade and energy policies will significantly impact global markets, potentially triggering trade wars, increasing inflation, and exacerbating climate change, with varying consequences for countries like Scotland.

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36% Bias Score

Reduced Inequality
dw.com
🌐 85% Global Worthiness
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Habeck Urges European Unity Amidst Global Uncertainty

German Vice Chancellor Robert Habeck, during a rally in Leipzig on the same day as Donald Trump's inauguration, stressed the need for a unified and strengthened Europe to face global economic uncertainty and instability within the EU, advocating for increased investment and technological independenc...

Progress

40% Bias Score

Reduced Inequality