Dollar Rally Pauses Ahead of U.S. Inflation Report
The U.S. dollar's rally paused on Wednesday ahead of a closely watched U.S. inflation report, with the euro and British pound also fluctuating due to economic concerns; the dollar was last at 109.23 against a basket of currencies, down from Monday's peak of 110.17.
Dollar Rally Pauses Ahead of U.S. Inflation Report
The U.S. dollar's rally paused on Wednesday ahead of a closely watched U.S. inflation report, with the euro and British pound also fluctuating due to economic concerns; the dollar was last at 109.23 against a basket of currencies, down from Monday's peak of 110.17.
Progress
36% Bias Score
China's December Exports Surge Amidst Trade Tensions
China's December exports jumped 10.7% year-on-year, exceeding forecasts and fueled partly by pre-emptive shipments before potential US tariffs; imports grew 1.0%, defying expectations, leading to a $104.8 billion trade surplus, while persistent domestic challenges and trade disputes remain.
China's December Exports Surge Amidst Trade Tensions
China's December exports jumped 10.7% year-on-year, exceeding forecasts and fueled partly by pre-emptive shipments before potential US tariffs; imports grew 1.0%, defying expectations, leading to a $104.8 billion trade surplus, while persistent domestic challenges and trade disputes remain.
Progress
36% Bias Score
Record High Dollar Sparks Market Uncertainty and National Security Concerns
The U.S. dollar has surged to a historic high of 110 on the Dollar Index, causing stock market declines and raising national security concerns due to manufacturing job losses, prompting the incoming Trump administration to consider countermeasures like tariffs and taxes on U.S. Treasury purchases.
Record High Dollar Sparks Market Uncertainty and National Security Concerns
The U.S. dollar has surged to a historic high of 110 on the Dollar Index, causing stock market declines and raising national security concerns due to manufacturing job losses, prompting the incoming Trump administration to consider countermeasures like tariffs and taxes on U.S. Treasury purchases.
Progress
48% Bias Score
US-China Tech Collaboration Showcased at CES 2025
US Deputy Secretary of Commerce Don Graves emphasized technological collaboration opportunities between the US and China at CES 2025 in Las Vegas, highlighting climate change and global standard-setting as key areas for partnership, while over 1,300 Chinese companies showcased diverse innovations.
US-China Tech Collaboration Showcased at CES 2025
US Deputy Secretary of Commerce Don Graves emphasized technological collaboration opportunities between the US and China at CES 2025 in Las Vegas, highlighting climate change and global standard-setting as key areas for partnership, while over 1,300 Chinese companies showcased diverse innovations.
Progress
44% Bias Score
China's Export Boom Masks Underlying Economic Weaknesses
China's 2024 exports reached a record $3.58 trillion, up 5.9% year-on-year, driven partly by pre-Trump administration stockpiling, while imports grew only 1.1%, leading to a near $1 trillion trade surplus; however, weakening domestic demand and trade tensions pose significant challenges.
China's Export Boom Masks Underlying Economic Weaknesses
China's 2024 exports reached a record $3.58 trillion, up 5.9% year-on-year, driven partly by pre-Trump administration stockpiling, while imports grew only 1.1%, leading to a near $1 trillion trade surplus; however, weakening domestic demand and trade tensions pose significant challenges.
Progress
40% Bias Score
China's Booming Exports to Curb Inflation and Drive Green Transformation in 2025
China's foreign trade grew 4.9 percent year-on-year to $5.43 trillion in the first 11 months of 2024, driven by robust exports of mechanical and electrical products and resilient supply chains; this is expected to curb global inflation and drive green transformation, despite growing external risks.
China's Booming Exports to Curb Inflation and Drive Green Transformation in 2025
China's foreign trade grew 4.9 percent year-on-year to $5.43 trillion in the first 11 months of 2024, driven by robust exports of mechanical and electrical products and resilient supply chains; this is expected to curb global inflation and drive green transformation, despite growing external risks.
Progress
52% Bias Score
Trump's Tariffs: Potential Economic Impact on UK
President-elect Trump's threatened tariffs on foreign goods, including a 100% tariff on imported cars, have sparked concerns in the UK about potential economic consequences, with Labour expressing hope that a gradual, targeted approach will be taken instead of blanket tariffs. Economists warn of a s...
Trump's Tariffs: Potential Economic Impact on UK
President-elect Trump's threatened tariffs on foreign goods, including a 100% tariff on imported cars, have sparked concerns in the UK about potential economic consequences, with Labour expressing hope that a gradual, targeted approach will be taken instead of blanket tariffs. Economists warn of a s...
Progress
48% Bias Score
Houthi Attacks Cripple Suez Canal, Costing Egypt $7 Billion
Houthi rebel attacks on the Suez Canal since November 2023 caused a 60% revenue drop for Egypt in 2024, resulting in a $7 billion loss and exacerbating the country's existing economic crisis; daily ship passage plummeted from 72 to 27 by December.
Houthi Attacks Cripple Suez Canal, Costing Egypt $7 Billion
Houthi rebel attacks on the Suez Canal since November 2023 caused a 60% revenue drop for Egypt in 2024, resulting in a $7 billion loss and exacerbating the country's existing economic crisis; daily ship passage plummeted from 72 to 27 by December.
Progress
36% Bias Score
U.S. Tariffs: A Covert Tax Increase Masking Consumption Tax Reform
The U.S. is imposing substantial tariffs on imported goods, effectively creating a new consumption tax that will increase prices for consumers, reduce economic growth, and shift tax burdens to fund tax cuts for the wealthy, a policy disguised as a trade measure.
U.S. Tariffs: A Covert Tax Increase Masking Consumption Tax Reform
The U.S. is imposing substantial tariffs on imported goods, effectively creating a new consumption tax that will increase prices for consumers, reduce economic growth, and shift tax burdens to fund tax cuts for the wealthy, a policy disguised as a trade measure.
Progress
52% Bias Score
China's Export Surplus Fuels Global Trade Conflicts
China's massive export surplus, exceeding EU imports almost twofold in 2016, causes global trade conflicts; countries like Brazil, Indonesia, and Turkey impose trade barriers, while the US threatened 60% tariffs, initially implementing 10%, impacting trade with Germany significantly, with exports su...
China's Export Surplus Fuels Global Trade Conflicts
China's massive export surplus, exceeding EU imports almost twofold in 2016, causes global trade conflicts; countries like Brazil, Indonesia, and Turkey impose trade barriers, while the US threatened 60% tariffs, initially implementing 10%, impacting trade with Germany significantly, with exports su...
Progress
48% Bias Score
China's Booming Exhibition Industry Drives Global Trade
In 2024, China's exhibition industry thrived, hosting 3,844 economic and trade events with 155 million square meters of exhibition space, attracting over 7 million visitors to events like those at the Shanghai New International Expo Center and showcasing a 60% international exhibitor presence at the...
China's Booming Exhibition Industry Drives Global Trade
In 2024, China's exhibition industry thrived, hosting 3,844 economic and trade events with 155 million square meters of exhibition space, attracting over 7 million visitors to events like those at the Shanghai New International Expo Center and showcasing a 60% international exhibitor presence at the...
Progress
40% Bias Score
China's Foreign Trade Booms, Fueling Global Green Transition
China's foreign trade surged 4.9% year-on-year to reach 39.79 trillion yuan ($5.19 trillion) in January-November 2024, driven by resilient supply chains and increased exports of mechanical and electrical products, significantly contributing to global inflation reduction and green transformation.
China's Foreign Trade Booms, Fueling Global Green Transition
China's foreign trade surged 4.9% year-on-year to reach 39.79 trillion yuan ($5.19 trillion) in January-November 2024, driven by resilient supply chains and increased exports of mechanical and electrical products, significantly contributing to global inflation reduction and green transformation.
Progress
52% Bias Score