Tag #Economy

dailymail.co.uk
🌐 85% Global Worthiness
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Trump's Tariffs Pose Significant Threat to Texas Economy

President Trump's proposed 25% tariffs on goods from Mexico and Canada could cost the U.S. economy $250.6 billion annually and 1.97 million jobs, with Texas facing disproportionate losses of $46.9 billion and 370,000 jobs due to its close trade ties with Mexico.

Progress

64% Bias Score

lemonde.fr
🌐 75% Global Worthiness
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S&P Affirms France's AA− Rating Amidst Political Uncertainty

Despite political uncertainty and a potential no-confidence vote, S&P Global Ratings maintained France's sovereign debt rating at AA− with a stable outlook, citing the government's commitment to fiscal consolidation, though market concerns remain high due to rising borrowing costs.

Progress

56% Bias Score

apnews.com
🌐 75% Global Worthiness
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Iceland Holds Snap Election Amidst Political Instability

Iceland holds snap elections on Saturday due to a collapsed coalition government amid disagreements over immigration, the economy, and energy; this is the country's sixth election since the 2008 financial crisis, with polls suggesting significant shifts in support for governing parties.

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24% Bias Score

sueddeutsche.de
🌐 75% Global Worthiness
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German Industry Faces Job Losses Amidst Economic Headwinds

High inflation, reduced Chinese demand, and US trade uncertainty are causing job losses at major German industrial firms like Bosch, VW, and Thyssenkrupp, prompting calls for government intervention to prevent deindustrialization.

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40% Bias Score

kathimerini.gr
🌐 75% Global Worthiness
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Greece's €8 Billion 2025 Bond Issuance Plan

The Greek government plans to issue €8 billion in bonds in 2025, including two new issues (10-year and potentially 5-year bonds) and €2 billion from re-openings, alongside prepaying €5.3 billion in debt and aiming to maintain a positive market position.

Progress

44% Bias Score

kathimerini.gr
🌐 75% Global Worthiness
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Turkey's Economic Slowdown Amidst Persistent High Inflation

Turkey's Q3 GDP growth slowed to 1.9% due to high inflation (48.6% in October), despite the central bank's 50% base rate and measures; the IMF lowered its 2025 growth forecast to 2.7%.

Progress

44% Bias Score

lemonde.fr
🌐 75% Global Worthiness
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China's Luxury Market: Dior's Success Amidst a Broader Sales Slump

In early November, the Art021 fair in Shanghai showcased a stark contrast: Dior's lavish exhibition thrived while struggling French galleries reported a year-long sales slump due to decreased Chinese buyer confidence, reflecting broader market challenges and government crackdowns on ostentatious dis...

Progress

40% Bias Score

lemonde.fr
🌐 75% Global Worthiness
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French PER Retirement Plan Criticized for Tax Loopholes, Proposed Reforms Target Equity

A French parliamentary report reveals that the retirement savings plan (PER) disproportionately benefits high-income earners while neglecting low-income households; proposed reforms include age limits on subscriptions and mandatory collective PERs in larger companies.

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48% Bias Score

Reduced Inequality
euronews.com
🌐 75% Global Worthiness
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Spain's Train Network Overwhelmed by Passenger Surge Amidst Modernisation

Spain's railway network faces unprecedented challenges due to a 20% increase in passengers (exceeding 665.2 million in 2023) following the entry of competing companies and price drops, leading to record delays and disruptions despite ongoing modernisation projects.

Progress

56% Bias Score

taz.de
🌐 75% Global Worthiness
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Hamburg's Housing Crisis: Neglecting Repurposing and Underutilized Housing

Hamburg's housing policy prioritizes new construction over repurposing existing buildings, resulting in an inefficient use of resources, increased environmental impact, and insufficient housing supply despite the construction of 6,000 new apartments in 2023.

Progress

44% Bias Score

kathimerini.gr
🌐 75% Global Worthiness
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Greek Banks Seek Investor for Teiresias Credit Agency

Greek banks are seeking a strategic investor for a minority stake (5-40%) in Teiresias, potentially including management, to modernize credit scoring and leverage new technologies, amidst the government's launch of a Private Debt Monitoring Registry.

Progress

4% Bias Score

forbes.com
🌐 75% Global Worthiness
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E-commerce Boom Demands Tailored Marketing Strategies

The global e-commerce market is expanding rapidly, projected to reach \$6.3 trillion in 2024, with evolving consumer behaviors across generations and genders demanding tailored omnichannel strategies for brands to succeed.

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36% Bias Score