Tag #Economic Policy

welt.de
🌐 75% Global Worthiness
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Hagel Open to German Debt Brake Reform After Spending Cuts

CDU state chief Manuel Hagel expressed conditional support for reforming Germany's debt brake, prioritizing spending cuts first, aligning with CDU leader Friedrich Merz's stance, amid debate about fiscal flexibility and the debt brake's role in preventing a state debt crisis.

Progress

44% Bias Score

Reduced Inequality
kathimerini.gr
🌐 65% Global Worthiness
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Greek Political Clash Over Bank Tax Proposal

A public dispute arose between New Democracy spokesperson Nikos Romanos and PASOK-KINAL's Pavlos Geroulanos over Geroulanos's conversation with the Bank of Greece's deputy governor, concerning PASOK's proposed bank tax; Romanos accused Geroulanos of admitting the proposal's impracticality, while Ger...

Progress

56% Bias Score

Reduced Inequality
dw.com
🌐 75% Global Worthiness
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Turkey's Income Inequality Worsens Despite 2023 Improvement

Turkey's income inequality remains high in 2023, with the top 5% earning 23.1% of total income while the bottom 5% earned only 1%, according to TÜİK data; while a slight improvement occurred compared to 2022, the past decade shows a worsening trend in income distribution, reflected in a rising Gini ...

Progress

40% Bias Score

Reduced Inequality
theglobeandmail.com
🌐 75% Global Worthiness
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Trump Policies Spark Investor Fears, Underscoring Need for Cautious Investment Strategies

Concerns rise among investors about President-elect Trump's potential negative impact on the stock market; a Vanguard study reveals that 86% of investors who sold stocks during the 2020 pandemic underperformed those who stayed invested; the article advises against panic selling and suggests building...

Progress

48% Bias Score

Reduced Inequality
t24.com.tr
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Turkey Sets 2025 Minimum Wage at 22,104 Lira; Pension and Salary Increases Limited

Turkey's minimum wage for 2025 is set at 22,104 lira, with planned pension increases at 17% and civil servant salary increases at 12%, based on six-month inflation; additional welfare payments are not planned.

Progress

40% Bias Score

No Poverty
fr.allafrica.com
🌐 65% Global Worthiness
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Congo's Oil Debt Reduced to \$16M After Government Reconciliation

The Congolese government certified \$16,043,984 USD in net losses owed to oil companies, a significant decrease from past years, due to improved controls on oil pricing and revenue collection, following a reconciliation process involving government and private stakeholders.

Progress

48% Bias Score

Reduced Inequality
lexpress.fr
🌐 75% Global Worthiness
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French Electricity Tax Reverts to Pre-Crisis Level

France's electricity tax will revert to pre-crisis levels on February 1st, impacting household bills despite lower electricity market prices; a proposed tax increase aimed at balancing the budget was abandoned following parliamentary censure and subsequent government collapse.

Progress

44% Bias Score

Affordable and Clean Energy
theglobeandmail.com
🌐 85% Global Worthiness
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Canada Eases Mortgage Rules, Increasing Debt and Taxpayer Risk

Canada's new mortgage rules, effective December 2024, raise the insured mortgage cap to \$1.5 million and extend 30-year amortizations, potentially increasing homeownership but also long-term debt and taxpayer risk.

Progress

60% Bias Score

Reduced Inequality
sueddeutsche.de
🌐 75% Global Worthiness
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Bavarian Law Threatens Rural Supermarkets

Bavaria's proposed law limits 24/7 supermarkets to 150 square meters for Sunday openings, threatening a planned 650 square meter store in Hohenroth and prompting eight communities to lobby for exceptions to maintain local food access.

Progress

52% Bias Score

Reduced Inequality
azatutyun.am
🌐 75% Global Worthiness
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Armenia's Rising Job Numbers Mask Persistent Unemployment Crisis

Armenia's November 2024 employment figures show 782,832 jobs, a 3,681 increase from October 2024, yet unemployment rose to 15.5% in Q1 2024 and 13.8% in Q2 2024, prompting a new government strategy with 103 measures and 870 billion AMD in funding to address regional disparities, youth unemployment, ...

Progress

48% Bias Score

Decent Work and Economic Growth
forbes.com
🌐 75% Global Worthiness
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Government Should Subsidize Development Approval Costs to Speed Housing

The lengthy and costly governmental approval process for development projects, particularly residential ones, hinders much-needed construction, especially in coastal areas, due to fees, delays, and interest costs, prompting a suggestion for authorities to cover some or all of these expenses to accel...

Progress

56% Bias Score

Sustainable Cities and Communities
europe.chinadaily.com.cn
🌐 85% Global Worthiness
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China Relocates Industries Westward to Balance Economic Development

China's central government plans to relocate industries from its economically advanced eastern regions to its underdeveloped western regions to balance economic development, driven by rising labor costs in the east and geopolitical considerations; this is the third such relocation in the nation's hi...

Progress

40% Bias Score

Reduced Inequality