Tag #Global Economy

cincodias.elpais.com
🌐 85% Global Worthiness
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Citi Predicts Positive 2025 Market Outlook Despite Trump's Trade Policies

Citi's investment strategist Guillaume Menuet predicts a positive market outlook for 2025, anticipating growth and lower inflation despite Trump's trade policies; he expects a weaker dollar, interest rate cuts in the US, and recommends maintaining investments.

Progress

52% Bias Score

Decent Work and Economic Growth
cnn.com
🌐 90% Global Worthiness
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China Curbs EV Battery Tech Exports, Escalating Tech Rivalry with US

China is planning to curb the export of technology used to extract minerals crucial for EV batteries, including lithium and gallium, escalating its tech rivalry with the US; this follows a recent ban on materials for semiconductors and could significantly impact Western lithium producers.

Progress

40% Bias Score

Responsible Consumption and Production
it.euronews.com
🌐 90% Global Worthiness
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Tech Boom Fuels Record Wealth for World's Richest

The Bloomberg Billionaires Index revealed that the combined wealth of the world's 500 richest people exceeded \$10 trillion in 2024 due to soaring tech stock values, with Elon Musk's net worth increasing by \$213 billion to \$442.1 billion, exceeding Amazon's Jeff Bezos by a record \$237 billion.

Progress

64% Bias Score

Reduced Inequality
gr.euronews.com
🌐 90% Global Worthiness
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Tech Boom Propels World's Richest to \$10 Trillion Wealth Milestone

The combined wealth of the world's 500 richest people exceeded \$10 trillion in 2024 due to a surge in tech stock values, with Elon Musk's net worth increasing by \$213 billion, while luxury goods magnates experienced losses.

Progress

56% Bias Score

Reduced Inequality
tass.com
🌐 85% Global Worthiness
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OPEC+ Extends Oil Production Cuts into Q1 2025

Eight OPEC+ nations, including Russia and Saudi Arabia, extended voluntary oil output cuts of 2.2 million bpd until Q1 2025 and an additional 1.65 million bpd until the end of 2026 to stabilize the oil market, postponing a planned production increase due to low winter demand; Russia, Iraq, and Kazak...

Progress

36% Bias Score

Climate Action
spanish.china.org.cn
🌐 85% Global Worthiness
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Xi's New Year Address: Highlighting China's Economic Growth and Global Cooperation

In his New Year's address, Chinese President Xi Jinping emphasized China's economic achievements, including the production of over 10 million new energy vehicles, and its commitment to global cooperation and sustainable development, citing projects such as the China-Kyrgyzstan-Uzbekistan railway.

Progress

40% Bias Score

Reduced Inequality
elpais.com
🌐 75% Global Worthiness
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Mexico Imposes New Taxes on Digital Services and Asian Textiles

Effective 2025, Mexico mandates RFC registration and tax payments for foreign digital service providers such as Amazon and Uber, alongside a 35% tariff on Asian textiles (excluding free trade partners) implemented in December 2024 and lasting until 2026, aimed at leveling the economic playing field.

Progress

36% Bias Score

Reduced Inequality
forbes.com
🌐 85% Global Worthiness
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Trump's 1980s Trade Policies Pose Risk to Japan

President-elect Trump's 1980s-style trade policies could negatively impact Japan due to a potentially weakening yen and insufficient trade concessions, potentially escalating into a trade war.

Progress

44% Bias Score

Decent Work and Economic Growth
fr.euronews.com
🌐 90% Global Worthiness
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Global Billionaire Wealth Surpasses \$10 Trillion in 2024

The combined wealth of the world's 500 richest people exceeded \$10 trillion in 2024, driven by soaring tech stock valuations, with Elon Musk's net worth rising by \$213 billion to \$442.1 billion, exceeding the previous gap between the top two wealthiest individuals by \$237 billion.

Progress

64% Bias Score

Reduced Inequality
smh.com.au
🌐 85% Global Worthiness
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Australian Share Market Set for Lower Open After Wall Street Decline

The Australian sharemarket is predicted to open lower on Thursday, following a Wall Street decline that wiped out more than \$1 trillion from large-cap market values; ASX futures fell 0.9 percent on December 31, while the Australian dollar traded at US 61.91 cents, amid concerns about President-elec...

Progress

48% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
🌐 85% Global Worthiness
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Dollar Hits Two-Year High Amidst Global Economic Uncertainty

The US dollar index (DXY00) reached a two-year high on Tuesday, increasing by 0.29%, due to strong year-end demand, a weakening Chinese yuan, rising US Treasury yields, and stronger-than-expected US home price increases in October.

Progress

36% Bias Score

Reduced Inequality
themarker.com
🌐 85% Global Worthiness
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Europe, Asia Markets Open 2025 with Mixed Results Amidst Energy and Political Uncertainty

European markets opened 2025 with mixed results; Germany's employment hit a record high in 2024, while natural gas prices surged due to halted Russian supply via Ukraine; Asian markets mostly declined, with China's manufacturing PMI below expectations.

Progress

40% Bias Score

Decent Work and Economic Growth