Tag #Global Economy

cnbc.com
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BlackRock Hits Record $11.6 Trillion in Assets

BlackRock reported record assets of $11.6 trillion in Q4 2024, driven by a 21% profit jump, $281.4 billion in net inflows, and a strong equity market rally following the 2024 U.S. Presidential election; the company's strategic acquisitions further contributed to its success.

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40% Bias Score

Reduced Inequality
sueddeutsche.de
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Germany Enters Recession for Second Year

Germany's GDP contracted by 0.2 percent in 2024, marking a second year of recession driven by weak industrial production, subdued consumption despite rising real wages, and global economic uncertainties, including the potential for increased US tariffs.

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48% Bias Score

Decent Work and Economic Growth
forbes.com
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Honda-Nissan Merger Reflects Auto Industry Consolidation Amidst EV Shift

Facing intense competition and the global shift to electric vehicles, Honda and Nissan are exploring a merger to create the world's third-largest automaker; this follows leadership changes at Stellantis, highlighting an industry-wide trend toward consolidation driven by the need for scale and cost e...

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52% Bias Score

Industry, Innovation, and Infrastructure
kathimerini.gr
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Global Economic Outlook 2025: Growth Amidst Uncertainty

Global economic growth in 2025 is projected at 2.7%-2.8%, influenced by geopolitical instability, high public debt, and technological advancements; Greece's growth depends on structural reforms and attracting foreign investment.

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32% Bias Score

Decent Work and Economic Growth
cnbc.com
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India's Economic Slowdown: Projected Growth and Investment Strategy

India's economy is projected to grow at 6.4% in fiscal year 2024-2025, slower than previous years but still faster than major global economies; factors include reduced corporate investment, high inflation, and external factors; the government plans economic stimulus measures.

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36% Bias Score

Decent Work and Economic Growth
us.cnn.com
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China's Exports Surge in December Amid US Trade Uncertainty

China's December exports jumped 10.7% year-on-year, exceeding forecasts, while imports grew 1.0%, defying expectations; this surge was partly due to pre-emptive shipments ahead of potential US tariffs under the incoming Trump administration, resulting in a $104.8 billion trade surplus.

Progress

36% Bias Score

Decent Work and Economic Growth
allafrica.com
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AfDB's Decade of Growth Under Adesina: Increased Capital, Global Influence, and a Call for Fairer Taxation

Akinwumi Adesina, AfDB president, reflects on a decade of achievements, including a tripling of the bank's capital to $318 billion, increased African influence in global finance, and the launch of the Africa Investment Forum, while advocating for fairer tax practices by multinational companies in Af...

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56% Bias Score

Decent Work and Economic Growth
smh.com.au
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US Stocks Surge on Positive Inflation Data and Strong Bank Earnings

Encouraging US inflation data and strong bank earnings sent US stocks soaring Wednesday, with the S&P 500 up 1.7 percent, Dow Jones up 1.6 percent, and Nasdaq up 2.2 percent; the positive trend is expected to continue in the Australian market, while easing Treasury yields reflect growing hopes for f...

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52% Bias Score

Decent Work and Economic Growth
kathimerini.gr
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China's US \$1 Trillion Trade Surplus: Record High Amidst Global Tensions

China achieved a record US \$1 trillion trade surplus in 2023 due to surging exports and reduced imports, exceeding historical surpluses of major economies; this success, however, coincides with domestic economic weakness and rising global trade tensions.

Progress

56% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
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US Sanctions on Russian Oil Exports Cause Slight Dip in Global Oil Prices

On Tuesday, oil prices fell slightly to \$80.65 per barrel (Brent) and \$78.58 (WTI) after reaching four-month highs, impacted by new U.S. sanctions on Russian oil exports to India and China, targeting Gazprom Neft, Surgutneftegas, and 183 tankers; however, the market anticipates Russia and buyers t...

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44% Bias Score

Climate Action
npr.org
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China's Exports Surge on US Tariff Fears

China's December exports jumped 10.7% year-on-year, exceeding forecasts amid fears of US tariff hikes, resulting in a record $104.84 billion trade surplus; imports rose 1%, while total trade hit a record 43.85 trillion yuan.

Progress

44% Bias Score

Decent Work and Economic Growth
cnbc.com
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Global Economic Uncertainty: China's Slowdown and UK's Post-Brexit Challenges

China's economic slowdown, fueled by overcapacity and weak consumer spending, and the UK's post-Brexit economic struggles, create global economic uncertainty, impacting currency markets and investor confidence.

Progress

48% Bias Score

Decent Work and Economic Growth