Tag #Economy

tr.euronews.com
🌐 85% Global Worthiness
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Global Markets Show Mixed Performance Amidst Geopolitical Uncertainty

Global markets showed mixed results this week; European markets fell due to geopolitical uncertainty and French political instability, while US markets reached new highs due to a resilient economy and expected lower interest rates; Asian markets were mixed, with Australia hitting a record high and C...

Progress

32% Bias Score

lemonde.fr
🌐 85% Global Worthiness
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Graphic Novel "Ressources" Details Unsustainable Resource Extraction and Promotes Techno-Discernment

Philippe Bihouix and Vincent Perriot's "Ressources. Un défi pour l'humanité" details the unsustainable rate of resource extraction, criticizing technosolutionism and advocating for "techno-discernment" to achieve a sustainable future, highlighting that more resources will be extracted in the next 30...

Progress

28% Bias Score

taz.de
🌐 75% Global Worthiness
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German Court Upholds Habeck's Electricity Price Brake Law

Germany's Federal Constitutional Court unanimously upheld Robert Habeck's electricity price brake law, avoiding a potential political blow for the Minister of Economics and the government.

Progress

52% Bias Score

Reduced Inequality
theguardian.com
🌐 75% Global Worthiness
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UK Government Redirects Funding to Deprived Areas to Address Local Council Financial Crisis

The UK government will redistribute £600 million to deprived English towns and cities, potentially allowing councils to raise council tax above the current cap, to address financial instability and create a fairer funding system starting in 2026-27.

Progress

40% Bias Score

lemonde.fr
🌐 75% Global Worthiness
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France to Increase Electricity Taxes by 54% in 2025

The French government will increase electricity taxes by 54% starting February 1st, 2025, reaching €37.20 per MWh (excluding VAT), despite earlier denials, to offset lower wholesale prices and fund the budget, even though this measure was rejected in parliament.

Progress

40% Bias Score

Affordable and Clean Energy
arabic.cnn.com
🌐 75% Global Worthiness
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Ezz Steel Plant Malfunction Causes Stock Drop, Market Loss

A major malfunction at Ezz Steel's Ain Sokhna plant, resulting in a nine-month shutdown of a furnace with a 1.6 million-ton annual capacity, caused a 9.33% stock price drop, a 5.8 billion Egyptian pound market loss, and projected impacts on Egyptian steel supply and prices.

Progress

36% Bias Score

es.euronews.com
🌐 85% Global Worthiness
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Italian Workers Strike Over Low Wages, High Costs

Thousands of Italian workers across multiple sectors, including teachers, healthcare professionals, and sanitation workers, participated in a nationwide strike on Friday, protesting low wages, rising living costs, and government policies. The strike, impacting public services and transportation, ref...

Progress

36% Bias Score

taz.de
🌐 75% Global Worthiness
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German Cities Demand Increased Funding Amidst Coalition Collapse

The German Association of Cities calls on the federal government to improve municipal funding and finalize key projects, expressing concerns about the lack of funding and the potential negative impact on affordable housing, schools, and digitalization efforts.

Progress

36% Bias Score

theguardian.com
🌐 75% Global Worthiness
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UK Budget Announcement Delayed Until June Amidst Difficult Negotiations

UK Chancellor Rachel Reeves postpones the announcement of Whitehall department budgets until June due to complex negotiations with ministers, delaying the three-year spending review and potentially impacting public services.

Progress

52% Bias Score

bbc.com
🌐 75% Global Worthiness
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Black Friday 2023: $70.9 Billion in Global Online Sales

Black Friday, originating from an 1869 financial crisis, is now a global shopping phenomenon; 2023 online sales reached $70.9 billion, an 8% increase from 2022, driven by internet expansion and retailers shifting from losses to profits.

Progress

20% Bias Score

cnnespanol.cnn.com
🌐 75% Global Worthiness
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Trump Cabinet Faces Conflict-of-Interest Scrutiny

President-elect Trump is assembling a cabinet of wealthy individuals, many of whom will need to divest assets to avoid conflicts of interest; however, loopholes and a lack of enforcement raise concerns.

Progress

52% Bias Score

theglobeandmail.com
🌐 75% Global Worthiness
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Canada Post Strike Cripples Charitable Fundraising

The Canada Post strike severely impacts Canadian charities' holiday fundraising, causing significant financial shortfalls and forcing organizations to explore more expensive alternatives, potentially impacting service provision.

Progress

48% Bias Score