Tag #Economy

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.

Progress

36% Bias Score

liberation.fr
🌐 75% Global Worthiness
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Decathlon to Pay €1 Billion Dividend Amidst Union Criticism and Job Cuts

Decathlon will pay its shareholder, the Mulliez family association, €1 billion in dividends for 2024, sparking criticism from unions amid job cuts at other Mulliez-owned companies like Auchan.

Progress

48% Bias Score

faz.net
🌐 75% Global Worthiness
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BayWa Announces Restructuring Plan to Address €5 Billion Debt

BayWa, facing over €5 billion in debt, announced a restructuring plan including job cuts, asset sales, and a 2025 capital increase to secure debt extensions and improve its financial health by 2027.

Progress

36% Bias Score

arabic.euronews.com
🌐 75% Global Worthiness
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Oman Tops 2024 Tax-Free Country Ranking for Expats

A new report ranks Oman as the top tax-free country for 2024, based on a Relocation Score considering cost of living, salaries, and other factors; Kuwait and Bahrain follow closely.

Progress

40% Bias Score

fr.euronews.com
🌐 75% Global Worthiness
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Oman Ranked Most Affordable Tax-Free Relocation Destination in 2024

A William Russell report ranks Oman as the most affordable tax-free relocation destination in 2024 due to its low living costs (€699 monthly for a single person) and relatively high average net monthly salary (€2,051), leaving €817 after essential expenses.

Progress

48% 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

bbc.com
🌐 75% Global Worthiness
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Weight-Loss Injections Strain UK NHS

Two injectable weight-loss medications, Wegovy and Mounjaro, are showing efficacy in the UK, but concerns exist regarding increased demand on the NHS, limited availability, and private market costs ranging from £200-£300 per pen.

Progress

20% Bias Score

lequipe.fr
🌐 75% Global Worthiness
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Valencia Marathon to Aid Flood Recovery

The Valencia Marathon, taking place despite recent devastating floods that killed 230 and caused billions of euros in damage, will donate €3 per finisher to flood relief, with over €92,000 already raised through a "zero" bib donation. The race, attracting 35,000 runners, aims to boost the region's e...

Progress

48% Bias Score

npr.org
🌐 75% Global Worthiness
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Salmonella Outbreaks Prompt Cucumber and Egg Recalls

A salmonella outbreak linked to Mexican-grown cucumbers has sickened 68 people in 19 states, prompting a recall by SunFed Produce. Additionally, Costco recalled nearly 11,000 cartons of organic eggs in five states due to potential salmonella contamination, though no illnesses have yet been reported.

Progress

32% Bias Score

Good Health and Well-being
abcnews.go.com
🌐 75% Global Worthiness
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Iceland Holds Snap Election Amidst Political Instability

Iceland held snap elections on October 28th, 2023, after disagreements over immigration, energy, and the economy forced the collapse of the ruling coalition government; the election is the country's sixth since the 2008 financial crisis.

Progress

40% Bias Score

zeit.de
🌐 75% Global Worthiness
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Volkswagen Faces Potential Strikes Amidst Wage Cut Demands

Volkswagen faces potential strikes starting Monday as the IG Metall union ended the peace obligation in a dispute over a 10% wage cut demand by VW, along with potential plant closures and layoffs affecting roughly 120,000 employees.

Progress

40% Bias Score

Decent Work and Economic Growth