Tag #Economic Inequality

Showing 241 to 252 of 292 results

bbc.com
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Vietnam's Controversial New Traffic Fines: A 50-Fold Increase Sparks Public Outcry

Vietnam's new traffic law, effective January 1, 2025, increases fines significantly, with some reaching 100 million VND (approximately 4,167 USD), leading to immediate public backlash and concerns about its impact on low-income citizens and potential corruption.

Progress

48% Bias Score

Reduced Inequality
dailymail.co.uk
🌐 75% Global Worthiness
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Cornwall MPs Back Plan for Cornish Parliament

A new report calls for a Cornish parliament, citing economic disparities, underfunded services, and Cornwall's unique culture as justification, and has received support from six local MPs.

Progress

44% Bias Score

Reduced Inequality
us.cnn.com
🌐 85% Global Worthiness
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Minimum Wage Hikes Impact 9.2 Million Workers

On January 1, 2024, minimum wage increased in 21 states, affecting 9.2 million workers and boosting pay by $5.7 billion; additional increases occurred in various cities, spurred by inflation and labor movements pushing for a $17 federal minimum wage, which currently stands at $7.25.

Progress

40% Bias Score

No Poverty
dailymail.co.uk
🌐 85% Global Worthiness
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UK Graduate Salaries Drop 4 Percent as Minimum Wage Soars

A Resolution Foundation study reveals a 4 percent drop in real terms for UK graduate salaries (to £34,000) between 2001 and 2023, while minimum wage rose by nearly 60 percent (£21,700), significantly narrowing the pay gap and impacting lower-earning graduates disproportionately.

Progress

36% Bias Score

Reduced Inequality
elpais.com
🌐 75% Global Worthiness
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Surge in Protests Reflects Growing Dissatisfaction and Inequality

From 10,902 protests in 1994 to 31,715 in 2023, this country shows a rise in public demonstrations driven by labor issues (9,652), political measures (3,393), and healthcare concerns (1,900), reflecting growing citizen awareness and dissatisfaction amidst persistent socioeconomic inequality.

Progress

32% Bias Score

Reduced Inequality
forbes.com
🌐 75% Global Worthiness
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The Illusion of a Single Interest Rate: The Limits of Central Bank Control

This article refutes the idea of a uniform interest rate, arguing that borrowing costs are highly variable and depend on individual circumstances, rendering the Federal Reserve's control over them limited, as evidenced by the vast differences in borrowing costs between wealthy individuals and those ...

Progress

60% Bias Score

Reduced Inequality
foxnews.com
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US Homelessness Hits Record High, with Stark Differences Between Blue and Red States

The US Department of Housing and Urban Development (HUD) reported a record high of over 770,000 homeless individuals in 2023, with an 18% increase in 2023 and a 36% increase since 2019; progressive blue states experienced the largest increases, while red states saw comparatively lower growth despite...

Progress

76% Bias Score

No Poverty
repubblica.it
🌐 85% Global Worthiness
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Global Debt Crisis: Poorer Nations Bear Disproportionate Burden

Global debt hit a record $97 trillion in 2023, with the US holding over $33 trillion; poorer nations, especially in Africa, face crippling interest rates (10-12 times higher than wealthier nations), hindering development and exacerbating existing inequalities, prompting calls for debt forgiveness an...

Progress

40% Bias Score

No Poverty
theguardian.com
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Shrinking Graduate Salary Premium Fuels Political Instability

A Resolution Foundation report reveals a 4% real-term decrease in new graduate salaries over two decades, while the minimum wage has risen by 60%, blurring the lines between white-collar and blue-collar jobs and potentially fueling political instability among disillusioned young professionals.

Progress

48% Bias Score

Reduced Inequality
kathimerini.gr
🌐 85% Global Worthiness
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Central Bank Policies Exacerbate Inequality and Fuel Systemic Risk

Global central banks' low-interest rate policies, while inflating asset prices, disproportionately benefited the wealthy and fueled corporate debt, creating a self-reinforcing cycle of stock buybacks and executive bonuses, without generating substantial economic growth.

Progress

48% Bias Score

Reduced Inequality
t24.com.tr
🌐 75% Global Worthiness
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Turkey's Poverty Rate Rises to 13.6% in 2024

Turkey's 2024 poverty rate increased to 13.6 percent, based on 50 percent of equivalent household disposable per capita median income, with Kırıkkale, Aksaray, Niğde, Nevşehir, and Kırşehir provinces reporting the highest rates at 14.6 percent.

Progress

24% Bias Score

No Poverty
t24.com.tr
🌐 65% Global Worthiness
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Turkey's Income Inequality Remains High Despite Slight Decrease

Turkey's 2024 income distribution statistics show the top 20% earned 48.1% of total income, while the bottom 20% received 6.3%, with the Gini coefficient at 0.413, revealing persistent inequality across regions.

Progress

20% Bias Score

Reduced Inequality

Showing 241 to 252 of 292 results