Tag #Global Economy

abcnews.go.com
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Honda and Nissan to Merge, Creating World's Third-Largest Automaker

Honda and Nissan, along with Mitsubishi Motors, are merging to form the world's third-largest automaker, aiming to better compete with Chinese EV manufacturers and bolster their position in a rapidly changing automotive market.

Progress

32% Bias Score

Industry, Innovation, and Infrastructure
es.euronews.com
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Global Stock Markets Face 2025 Challenges and Opportunities

Global stock markets hit record highs in 2024 due to the AI boom and economic recovery; however, 2025 presents challenges including rising sovereign debt, trade tensions, and potential shifts in market leadership, alongside opportunities from M&A activity and IPOs.

Progress

48% Bias Score

Reduced Inequality
cnnespanol.cnn.com
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Trump Threatens EU Tariffs Over Energy Trade Deficit

President-elect Trump threatened increased tariffs on the European Union unless they significantly increase their purchases of American oil and gas to offset the trade deficit; this adds to market uncertainty and could worsen global inflation.

Progress

48% Bias Score

Reduced Inequality
bbc.com
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Russia Revives Barter Trade Amidst Heightened Sanctions

Facing intensified international sanctions, Russia is reviving barter trade, as seen in a recent deal with Pakistan exchanging 65,000 tons of agricultural goods, highlighting the economic impact of sanctions and Russia's adaptation strategies.

Progress

32% Bias Score

Reduced Inequality
german.china.org.cn
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Global App Spending Rises Despite Download Decline in 2024

Global consumer spending on mobile apps and games reached \$127 billion in 2024, a 15.7% increase, while downloads fell by 2.3% to 110 billion; the top 10 apps generated 13.7% of spending, and subscription apps, though only 5% of total apps, accounted for 48% of revenue.

Progress

24% Bias Score

Reduced Inequality
apnews.com
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Global Butter Shortage Drives Up Prices Across Europe

The price of butter has risen sharply across Europe, up 19% on average in the EU from October 2023 to October 2024, due to global milk shortages caused by factors including reduced milk production in the US and New Zealand, higher energy costs, disease outbreaks, and falling milk prices discouraging...

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52% Bias Score

Zero Hunger
elpais.com
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Market Volatility: Short-Term Panic vs. Long-Term Opportunity

Market analysts describe current investment volatility as short-sighted, driven by societal trends and media, advising long-term strategies focusing on undervalued companies with sustained growth potential, while noting the disparity between US and European markets.

Progress

40% Bias Score

Reduced Inequality
aljazeera.com
🌐 90% Global Worthiness
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Bitcoin Hits Record High on Trump's Pro-Crypto Stance

Bitcoin reached a record high of \$107,000 on Monday following President-elect Trump's pro-crypto stance and plans for a national Bitcoin reserve, marking a significant shift in the cryptocurrency's acceptance by governments and financial institutions.

Progress

48% Bias Score

Reduced Inequality
cnn.com
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Trump's Tariff Threat: India Navigates a Complex Trade Relationship

President-elect Trump threatens 100% tariffs on BRICS nations, including India, if they replace the US dollar; despite past trade conflicts, Trump and Indian Prime Minister Modi's close relationship may lessen the impact, although a significant trade imbalance remains.

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36% Bias Score

Reduced Inequality
euronews.com
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Fed's Hawkish Pivot Triggers Global Market Selloff

The Federal Reserve's hawkish pivot triggered a sharp global selloff in stock markets on Thursday, December 21, 2023, with major indices falling significantly, and bond yields rising across the Atlantic.

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44% Bias Score

Reduced Inequality
abcnews.go.com
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European Butter Prices Soar Amidst Global Milk Shortage

Butter prices in Europe have increased drastically, averaging a 19% rise from October 2023 to October 2024 due to decreased milk production globally, impacting consumers' budgets and leading to political debate in some countries.

Progress

56% Bias Score

Zero Hunger
npr.org
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Trump's Protectionist Stance Reshapes Republican Trade Policy

President-elect Trump's embrace of tariffs signals a significant departure from the Republican Party's historical pro-free trade stance, potentially leading to higher prices for consumers and a more protectionist economic policy.

Progress

40% Bias Score

Decent Work and Economic Growth