Tag #Economy

kathimerini.gr
🌐 75% Global Worthiness
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Greece: Parliament Poised for Major Clash over Budget and Tax Laws

A major political clash is expected in the Greek Parliament in December between Prime Minister Kyriakos Mitsotakis and PASOK leader Nikos Androulakis over the budget, tax laws, and minimum wage, with PASOK proposing VAT reduction, benefits for nurses, and measures to address high rents and bank wind...

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48% Bias Score

theglobeandmail.com
🌐 65% Global Worthiness
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Goodfood Market Corp. Reports Lower Q4 Sales Despite Increased ARPU

Goodfood Market Corp. reported an 8.5% decrease in fourth-quarter revenue to $34.1 million, driven by a 4,000-customer drop to 101,000, despite a 5% increase in average revenue per user to $337; the company acquired Genuine Tea to diversify.

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24% Bias Score

welt.de
🌐 65% Global Worthiness
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DAV Recommends Stable 1% Interest Rate for German Life Insurance in 2026

The German Actuarial Association recommends maintaining the maximum calculation interest rate for life insurance at 1% in 2026, ending years of decline and signaling improved returns for both insurers and customers, based on stable economic projections.

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40% Bias Score

Reduced Inequality
themarker.com
🌐 65% Global Worthiness
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Remote Claw Crane Startup Juggernaut Files for Bankruptcy

Juggernaut, a startup that let users play claw crane machines remotely via an app, filed for bankruptcy due to high customer acquisition costs, app store fees, and prize payouts, highlighting challenges in blending physical and digital gaming.

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44% Bias Score

faz.net
🌐 65% Global Worthiness
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Norma Group Sells Water Management Division to Focus on Core Automotive Business

The Norma Group, a German automotive parts manufacturer, announced the sale of its water management division, which generated €300 million in revenue in 2023, to refocus on its core automotive business and improve investor perception; the move is expected to free up resources for reinvestment and ex...

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40% Bias Score

lentreprise.lexpress.fr
🌐 85% Global Worthiness
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Barnier: A Prime Minister Beyond the Traditional Role

Two months after his appointment, French Prime Minister Michel Barnier's handling of the budget highlights a leadership style emphasizing listening, humility, and responsibility, contrasting sharply with the volatile National Assembly; however, his role transcends typical prime ministerial functions...

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56% Bias Score

kathimerini.gr
🌐 75% Global Worthiness
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Eastern European Central Banks Boost Gold Reserves Amidst Geopolitical Uncertainty

Facing geopolitical instability from the war in Ukraine and potential trade wars, Eastern European central banks are significantly increasing gold reserves, with Poland making the most global purchases in Q2 2023, reaching 420 tons, and the Czech Republic aiming to double its reserves to 100 tons wi...

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48% Bias Score

sueddeutsche.de
🌐 65% Global Worthiness
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Saving Money on Christmas in Germany: Practical Tips and Strategies

To combat rising Christmas costs, Germans can save money by using price comparison websites, buying used items, making their own advent calendars, utilizing food-saving apps, and employing flexible travel strategies; early booking is key for travel.

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32% Bias Score

kathimerini.gr
🌐 65% Global Worthiness
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Ellinikon Mall Project Nears Contractor Selection, Total Cost Exceeds €1 Billion

Greece's Ellinikon Mall project, with an estimated cost of €600-650 million (excluding infrastructure and financing), is nearing contractor selection; Lamda Malls will contribute €275 million, with bank loans covering the rest; the total cost for both Ellinikon and Riviera Galleria malls exceeds €1 ...

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0% Bias Score

smh.com.au
🌐 65% Global Worthiness
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Swan Appears Before Senate, Apologizes for Cbus Payment Delays

Wayne Swan, chairman of Cbus, appeared before a Senate committee investigating Australia's retirement system on Friday after initially attempting to avoid the hearing; he apologized for delayed member payments totaling $20 million, with 80% of cases now resolved.

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48% Bias Score

Reduced Inequality
theglobeandmail.com
🌐 85% Global Worthiness
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Trump Appoints Loyalists to Lead Protectionist Trade Agenda

President-elect Donald Trump has appointed Jamieson Greer as the next U.S. trade representative and Kevin Hassett to lead the National Economic Council, signaling a continuation of his protectionist trade policies and potentially escalating trade tensions with Canada, Mexico, and China.

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36% Bias Score

it.euronews.com
🌐 85% Global Worthiness
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EU-Mercosur Trade Deal Faces Final Hurdles Amidst Farmer Protests

The EU and Mercosur are nearing finalization of a major trade deal after over 20 years of negotiations, but objections from several EU countries, particularly France, regarding environmental and agricultural concerns are delaying the process, causing widespread protests among European farmers.

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40% Bias Score