Tag #Economic Inequality

themarker.com
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Israeli Banks Face Criticism Over Interest Rate Disparity

Israeli banks are criticized for earning significant profits from high overdraft fees while paying low interest rates on large current account balances; a proposed solution involves charging fees on large balances to encourage investment and financial literacy.

Progress

56% Bias Score

Reduced Inequality
kathimerini.gr
🌐 85% Global Worthiness
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Global Survey Reveals Widespread Concern Over Economic Inequality and Calls for Systemic Change

A Pew Research Center survey of 36 countries shows that 54% of respondents view the wealth gap as a major problem, 60% believe the wealthy exert undue political influence, and 57% think their children will be worse off economically; majorities in 33 countries want economic system changes.

Progress

28% Bias Score

Reduced Inequality
theglobeandmail.com
🌐 85% Global Worthiness
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Trudeau's Resignation Reflects Global Populist Trend Fueled by Declining Public Trust

Prime Minister Justin Trudeau's resignation reflects a global trend of populist electoral success driven by declining public trust in governments, stemming from failures in service delivery, economic management, and ethical conduct, not solely economic hardship.

Progress

44% Bias Score

Reduced Inequality
dw.com
🌐 75% Global Worthiness
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Russia's Regional Food Card Programs Amidst Inflation and Poverty Debates

In response to rising food prices and inflation, Kaliningrad and Kamchatka introduced food card programs for low-income residents and pensioners, providing discounts on essential goods, despite official statistics indicating poverty reduction.

Progress

36% Bias Score

No Poverty
foxnews.com
🌐 85% Global Worthiness
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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
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
nrc.nl
🌐 85% Global Worthiness
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Macron's Failed Liberalism: Economic Crisis and Rise of the Far-Right in France

French President Emmanuel Macron's economic policies, marked by unfunded tax cuts for the wealthy and increased police brutality, have resulted in a political crisis, a surge in the far-right, and widespread social unrest, culminating in his government's collapse in December 2024.

Progress

68% Bias Score

Reduced Inequality
t24.com.tr
🌐 75% Global Worthiness
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Turkish MP Proposes Minimum Pension Hike to Minimum Wage

CHP MP Ibrahim Arslan submitted a bill to Turkey's parliament to raise the minimum pension to the level of the minimum wage and index it annually; this follows a government announcement of a 15.75% increase to 14,469 lira for the first half of 2025, a figure Arslan deems insufficient.

Progress

56% Bias Score

No Poverty
t24.com.tr
🌐 85% Global Worthiness
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CHP Launches "Red Card" Campaign Against Turkish Government

CHP leader Özgür Özel launched a "red card" campaign in Mersin against Turkey's ruling party, urging citizens to protest economic hardship and the government's alleged financial pressure on municipalities, particularly concerning earthquake relief efforts; the campaign aims to symbolize public disco...

Progress

52% Bias Score

No Poverty
us.cnn.com
🌐 75% Global Worthiness
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Tax Cut on Tips: Limited Impact Despite Bipartisan Support

President-elect Trump's proposed elimination of taxes on tips, also supported by Vice President Kamala Harris with stipulations, would benefit a small portion of the 4 million tipped workers in the US, costing an estimated $60 billion to $200 billion over 10 years, raising concerns about its impact ...

Progress

48% Bias Score

No Poverty
bbc.com
🌐 85% Global Worthiness
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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
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