Tag #Economic Inequality

elmundo.es
🌐 85% Global Worthiness
News related image

Record-High Housing Prices in Spain: A Consequence of Post-2008 Austerity

Spain's average housing price hit a record €2,086 per square meter in 2024 due to a decade-long housing shortage caused by post-2008 austerity measures that restricted construction and credit, creating a high-demand, low-supply market significantly impacting affordability for the middle class and yo...

Progress

60% Bias Score

Reduced Inequality
elpais.com
🌐 92% Global Worthiness
News related image

Club of Rome Report Urges Five Critical Transformations to Avoid Societal Collapse

The Club of Rome's new report, "A Planet for All," identifies five crucial transformations—poverty reduction, inequality reduction, women's empowerment, food security, and energy transition—as necessary to avoid a projected collapse of food production and other societal challenges, based on simulati...

Progress

52% Bias Score

No Poverty
euronews.com
🌐 85% Global Worthiness
News related image

EU Housing Costs: 19.7% of Disposable Income, Greece Outlier at 35.2%

In 2023, EU residents spent 19.7% of their disposable income on housing, ranging from 11.6% in Cyprus to 35.2% in Greece, largely due to the economic crisis and subsequent inflation in Greece, affecting household income while increasing demand from abroad.

Progress

36% Bias Score

No Poverty
elpais.com
🌐 85% Global Worthiness
News related image

DeepSeek: A Sputnik Moment for AI, or a Turbocapitalist Power Grab?

The Chinese AI chatbot DeepSeek, cheaper and as capable as US models, has sparked concerns in Silicon Valley, drawing comparisons to the Sputnik moment, raising questions about US competitiveness and the broader societal implications of the AI race.

Progress

52% Bias Score

Reduced Inequality
elpais.com
🌐 85% Global Worthiness
News related image

DeepSeek: Low-Cost AI Challenges Global Narrative

The low-cost development of DeepSeek, a Chinese AI application, challenges existing economic and narrative assumptions surrounding AI, creating opportunities for developing nations like those in Latin America and the Caribbean, but also raising concerns about equitable distribution of benefits and e...

Progress

48% Bias Score

Reduced Inequality
elpais.com
🌐 85% Global Worthiness
News related image

Renting Exceeds Mortgage Costs in 94% of Spain's Largest Municipalities

A 2024 analysis by UVE Valoraciones reveals that in 94% of Spain's largest municipalities, renting costs exceed mortgage payments, due to a shortage of housing supply; only four municipalities showed higher mortgage payments than rental costs.

Progress

48% Bias Score

Reduced Inequality
dw.com
🌐 85% Global Worthiness
News related image

South Africa's Land Expropriation Law Sparks Domestic and International Controversy

South Africa's President Cyril Ramaphosa signed a controversial land expropriation law on January 23rd, aiming to correct historical land ownership inequalities from apartheid; the law faces strong opposition from Afrikaners and international figures, raising concerns about economic impacts and comp...

Progress

32% Bias Score

Reduced Inequality
mk.ru
🌐 85% Global Worthiness
News related image

Russian Food Prices Soar, Exposing Inflation Discrepancy

Soaring food prices in Russia during 2024, particularly potatoes (up 92%), onions (48%), and cabbage (45%), significantly impacted consumer spending, with citizens reporting higher personal inflation rates (15.9% in December) than the official rate (9.52%).

Progress

24% Bias Score

No Poverty
elpais.com
🌐 90% Global Worthiness
News related image

Trump's Return and the Uncertain Future of Progress

The potential return of Donald Trump and his MAGA movement raises concerns about the future of progress in the United States, threatening scientific advancements and social well-being due to its rejection of Enlightenment values and focus on wealth accumulation through exploitation, potentially lead...

Progress

56% Bias Score

Reduced Inequality
euronews.com
🌐 85% Global Worthiness
News related image

EU Minimum Wage Disparities and the Impact of the New Directive

As of January 2025, gross monthly minimum wages in the EU ranged from €551 in Bulgaria to €2,638 in Luxembourg, with significant disparities remaining even when adjusted for purchasing power. The EU's Minimum Wage Directive aims to address these inequalities.

Progress

36% Bias Score

No Poverty
forbes.com
🌐 85% Global Worthiness
News related image

Trump's Action Neutralizes Labor Board Amid Declining Union Membership

President Trump's removal of a National Labor Relations Board member on January 27th effectively neutralized the board's ability to resolve labor disputes, coinciding with a report showing slightly decreased union membership in 2024 despite a rise in public approval of unions.

Progress

40% Bias Score

Decent Work and Economic Growth
theguardian.com
🌐 85% Global Worthiness
News related image

UK Housing Crisis: Inefficient Building Strategy Ignores Systemic Issues

The UK government's housing policy prioritizes building 1.5 million homes over five years through six volume housebuilders, failing to address underlying issues like maldistributed housing, investor demand, and the outdated property tax system, leading to an inefficient and unsustainable solution.

Progress

56% Bias Score

Reduced Inequality