Tag #Industrial Policy

Showing 49 to 60 of 121 results

arabic.cnn.com
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UK Government Seizes Control of Last Primary Steel Plant

The UK government assumed control of Britain's last primary steel plant, owned by Jingye Group, averting its closure and saving 3,000 jobs due to the plant's \$910,000 daily losses and the absence of raw materials. This prevents the UK from becoming the only G7 nation without primary steel productio...

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44% Bias Score

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dailymail.co.uk
🌐 75% Global Worthiness
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UK Parliament Addresses Declining Steel Industry Amidst National Security Concerns

The UK Parliament is addressing the decline of its steel industry, which has suffered from decades of losses, job cuts, foreign ownership, and global competition, raising national security and economic concerns.

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48% Bias Score

Decent Work and Economic Growth
dw.com
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UK Government Takes Emergency Control of British Steel

The UK government took emergency control of British Steel's Scunthorpe plant on Saturday, averting its closure and preserving 3,500 jobs after negotiations with the Chinese owner, Jingye Group, failed. The plant is the UK's last maker of virgin steel.

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52% Bias Score

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euronews.com
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ThyssenKrupp Job Cuts Expose European Steel Crisis

ThyssenKrupp plans to cut 11,000 jobs amid a European steel crisis triggered by US tariffs, high energy prices, global overcapacity, and cheap imports; the EU is responding with a Steel Action Plan, including the Carbon Border Adjustment Mechanism (CBAM) and €100 billion in investments.

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44% Bias Score

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bbc.com
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UK to Utilize Industrial Policy in Response to US Tariffs

Facing new US tariffs ranging from 10% to 25% on various goods, including cars, steel, and aluminum, the UK government announced plans to implement industrial policy and explore retaliatory tariffs on US goods to protect British businesses, while also seeking alternative trade deals.

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36% Bias Score

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kathimerini.gr
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US Tariffs: Revenue, Restrictions, and Reciprocity

The US government uses tariffs for revenue, to restrict imports of strategically important goods to protect domestic industries, and to pursue reciprocal trade agreements; this reflects a trade-off between efficiency and national security and could lead to attempts at international currency interven...

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36% Bias Score

Reduced Inequality
theguardian.com
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Government Intervention Saves British Steel Plant

The UK government intervened to prevent the closure of British Steel's Scunthorpe plant, owned by Jingye Group, saving four blast furnaces and approximately 20,000 jobs, due to concerns about the Chinese owner's intentions and the plant's critical role in British industry; nationalization is likely.

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56% Bias Score

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lemonde.fr
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UK Government Takes Control of British Steel Blast Furnaces

The UK Parliament initiated emergency proceedings on April 12th to authorize government control of British Steel's last two blast furnaces, averting the loss of 2,700 jobs and preventing irreversible damage to the UK's steel production capacity. The government aims to explore options to keep the pla...

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36% Bias Score

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theguardian.com
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UK Government Intervenes to Save British Steel, Avert National Security Risk

Facing closure due to its Chinese owner's refusal to continue supplying coke and iron ore, the UK government intervened to prevent British Steel's Scunthorpe plant from shutting down, saving thousands of jobs and maintaining the UK's primary steel production capacity.

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52% Bias Score

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bbc.com
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UK to Ease Car Regulations, Explore Trade Safeguards in Response to Trump Tariffs

Facing a 10% baseline tariff and a 25% tariff on car imports into the US, the UK Prime Minister announced plans to ease electric vehicle sales targets, consider anti-dumping safeguards, and expedite government investment in UK industry to mitigate the economic impact.

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24% Bias Score

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lemonde.fr
🌐 85% Global Worthiness
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EU's Electric Vehicle Ambitions Lag Behind China's Established Industry

The European Union's ambitious 2035 goal of 100% zero-emission vehicle sales lags behind China's established electric vehicle industry, resulting in a significant price and technological gap; average electric vehicle prices in China are 47% lower than in Europe in 2024, and Chinese brands hold a sub...

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56% Bias Score

Climate Action
theglobeandmail.com
🌐 75% Global Worthiness
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Canada's Corporate Welfare: A History of Failure

Laurent Carbonneau's new book, "At the Trough," reveals how Canada's history of corporate welfare, marked by massive subsidies like the \$30 billion given to Volkswagen and Stellantis, has yielded poor results despite billions spent; Canada's productivity lags, and its economic standing is weak rela...

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56% Bias Score

Decent Work and Economic Growth

Showing 49 to 60 of 121 results