Your Daily Scan of the New Global Economy

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France
Oxfam report highlights wealth inequality ahead of World Economic Forum in Davos Ahead of the World Economic Forum, NGO Oxfam reports that over 2,000 billionaires have more wealth than 60 percent of the world’s population. Also, a look at the IMF’s new global growth forecast and other issues grabbing attention in Davos. Posted: January 20, 2020 6:55 pm...
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France's Saint-Nazaire shipbuilders get €2bn order boost Shipowners MSC have placed a two billion euro order with the Chantiers de l’Atlantique shipyard in Saint-Nazaire, north-western France, for two new liquid natural gas (LNG) powered cruisers. Posted: January 20, 2020 12:25 pm by RFI
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Coca Cola among global companies that will invest €4 billion in France US giant Coca Cola has announced 1 billion euros of investments in the country over the next five years, joining pledges by other big investors ahead of the Choose France business summit, which kicks off Monday. Posted: January 20, 2020 11:58 am by...
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Climate change at top of Davos agenda The 50th World Economic Forum opens in Davos, Switzerland this week, with climate change and how to tackle it at the top of the bill. Expect sparks to fly between climate activist Greta Thunberg and US President Donald Trump. Meanwhile, Oxfam has published its Global Inequality report, which highlights...
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Imane Ayissi brings anti-colonial Africa to Paris fashion week Imane Ayissi is the first sub-Saharan designer to show in the élite Paris haute couture week. Not only is he joining fashion’s crème de la crème, the Cameroonian couturier is shaking up the stereotype of African materials by refusing to use wax prints which he dismisses...
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Land of Imagination show mesmerizes Saudis dreaming of a new future Saudis who attended The Land of Imagination show in Riyadh on Thursday night declared themselves impressed with a spectacle that epitomized a three month festival in the city.   Posted: January 17, 2020 12:11 pm by RFI
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Chinese growth falls to nearly three-decade low amid trade tensions with US China’s economic growth rate slumped to 6.1 percent last year, the lowest such figure since 1990. Also, Google parent company Alphabet has topped $1 trillion in market value, despite growing scrutiny from regulators. Posted: January 17, 2020 9:31 am by France 24
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France wants Netflix, Amazon invest 25% of revenue locally France wants streaming services like Netflix and Amazon to invest a quarter of their sales in local productions. The rule is part of the country’s broader push for what it has dubbed its “cultural sovereignty in the digital era.” Posted: January 16, 2020 1:46 pm by...
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Northern Ireland after Brexit: How will businesses cope with new rules? With Brexit on the horizon, how are businesses in Northern Ireland preparing for their unique situation after leaving the EU? We speak to Stephen Kelly, chief executive of Manufacturing Northern Ireland, which represents industry there. Also, as China and the United States sign a ceasefire in...
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Argentina inflation hits highest level in nearly thirty years Inflation in Argentina has reached the highest level in 28 years, with consumer prices increased by over 50 per cent in 2019. The government is trying to renegotiate its debts as it deals with the legacy of a currency crisis and deep recession. Also today, the...
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