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Business and economy. Residents of Logroño, La Rioja, Spain, win the world's biggest lottery, the Spanish Christmas Lottery's El Gordo €2.7 billion prize. Disasters and accidents. 2024–25 South-West Indian Ocean cyclone season. The death toll from Cyclone Chido in Cabo Delgado, Mozambique, increases to 94. 2024 Gramado Piper PA-42 crash
Business and economy. Residents of Logroño, La Rioja, Spain, win the world's biggest lottery, the Spanish Christmas Lottery's El Gordo €4 million prize. Disasters and accidents. 2024 Gramado Piper PA-42 crash
Business and economy Student loans in the United States , Economic policy of the Joe Biden administration The Biden administration officially withdraws two major legislative plans that would have granted student loan forgiveness to more than 30 million Americans .
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As the world economy has struggled to regain its footing amidst the events of the past few years, Chinese exports have skyrocketed in the global market, rapidly increasing production to cover the quickly-rising global demand. In just one year, China's trade surplus with the US alone rose to $335.5 billion in 2021, up from $308.1 billion in 2020.
This article appears in the December 2024/January 2025 issue of Fortune with the headline "Global business braces for Trump 2.0" This story was originally featured on Fortune.com Show comments
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