Tag #Economy

us.cnn.com
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Economic Anxieties Drive Latino Voters to Trump in 2024 Election

Driven by economic anxieties spurred by high inflation, Latino voters shifted significantly toward Donald Trump in the 2024 US presidential election, proving pivotal in key battleground states; however, experts warn of potential negative long-term economic consequences from Trump's policies.

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32% Bias Score

dw.com
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KESK Rally Protests Economic Hardship in Ankara

The KESK labor confederation held a rally in Ankara on November 18th, 2023, protesting economic hardship, government policies, and social inequality, drawing thousands of participants and support from various organizations.

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48% Bias Score

lemonde.fr
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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...

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40% Bias Score

lemonde.fr
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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
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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
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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.

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44% Bias Score

dw.com
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G20 Launches Global Alliance to Combat Hunger and Poverty

The G20 summit in Rio de Janeiro launched a Global Alliance Against Hunger and Poverty, backed by $25 billion in funding and aiming to lift 500 million people out of poverty by 2030 through various programs.

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44% Bias Score

dailymail.co.uk
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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.

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64% Bias Score

lemonde.fr
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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.

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56% Bias Score

apnews.com
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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
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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.

Progress

40% Bias Score

kathimerini.gr
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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