Tag #Economy

cbsnews.com
🌐 75% Global Worthiness
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Unpaid Taxes: IRS Actions and Available Solutions

In 2024, hundreds of billions of dollars in back taxes are owed to the IRS; if you owe but cannot pay, the IRS will send a bill with penalties and interest, potentially escalating to liens, levies, and legal action unless you utilize payment plans, Offers in Compromise, or Currently Not Collectible ...

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40% Bias Score

No Poverty
cbsnews.com
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2025 Long-Term CD Rates: Online Banks Offer Significantly Higher Returns

In 2025, while average 3-5 year CD rates hover around 1.42-1.44%, online banks offer significantly higher rates (4.15%-4.25%) due to lower overhead, making timely investment crucial given the anticipated rate decline.

Progress

44% Bias Score

Reduced Inequality
politico.eu
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France Delays EU Sustainability Regulations

France is lobbying the European Union to indefinitely postpone the Corporate Due Diligence Directive (CSDDD) and delay the Corporate Sustainability Reporting Directive (CSRD) by two years, arguing the regulations are too complex for smaller businesses, impacting their growth. The French government's...

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48% Bias Score

Responsible Consumption and Production
smh.com.au
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Whitebark Acquisition Fuels Alinya 3H Project Exploration

Whitebark Energy's acquisition of King Energy, finalized in early March for $1.67 million, significantly boosts exploration at King's Alinya 3H project in South Australia's Officer Basin, covering nearly 20,000 square kilometers with over 20 identified prospects.

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52% Bias Score

Affordable and Clean Energy
it.euronews.com
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EU Plans €1 Billion Reserve to Protect Farmers from Mercosur Trade Deal

The European Union plans a €1 billion reserve to help farmers if the Mercosur trade deal negatively impacts their markets, following concerns over market disruptions, particularly in beef and poultry, and uncertainty over the fund's availability.

Progress

40% Bias Score

No Poverty
news.sky.com
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Sainsbury's to Cut 3,000 Jobs Amidst Rising Costs

Sainsbury's is cutting 3,000 jobs, partly due to increased employer National Insurance Contributions and rising costs, as part of a wider cost-cutting strategy involving store closures and reduced operating expenses to maintain profit margins in a competitive market.

Progress

56% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
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Trump's Presidency: A Major Risk to Canadian Personal Finance

Donald Trump's presidency presents a major risk to the Canadian economy, potentially triggering a recession and affecting various investment portfolios; Canadians are advised to adjust their financial strategies based on individual circumstances and risk tolerances, particularly concerning potential...

Progress

44% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
🌐 75% Global Worthiness
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Donville Doubles Portfolio Returns, Eyes Strong 2025

Jason Donville of Donville Kent Asset Management doubled his portfolio returns in 2024 to 103 percent, anticipating continued market strength in 2025 due to robust corporate earnings and AI advancements, while acknowledging risks from trade disputes.

Progress

48% Bias Score

Decent Work and Economic Growth
smh.com.au
🌐 75% Global Worthiness
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Financial Strain Exacerbates Mental Health Crisis in NSW

A new report reveals that over half of NSW residents reported worsened mental health due to financial strain, coinciding with a 10% increase in loneliness; Joanne Cockle postponed a medical appointment due to unaffordable gap fees, highlighting the financial barriers to healthcare access.

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36% Bias Score

No Poverty
welt.de
🌐 75% Global Worthiness
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Hesse to Combat Housing Vacancy with Strict New Law

Hesse plans to introduce a law allowing municipalities to limit housing vacancy to six months via ordinances, punishable by fines up to €500,000, to alleviate housing shortages; exceptions exist for justifiable reasons like renovations.

Progress

44% Bias Score

Sustainable Cities and Communities
sueddeutsche.de
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High Demand for Paris-Berlin ICE Train Prompts Expansion Plans

The new direct ICE train between Paris and Berlin, launched in late December, is experiencing exceptionally high demand with 90% average occupancy, prompting plans by DB and SNCF to expand the service, including additional direct connections between Paris and Munich.

Progress

36% Bias Score

Climate Action
dw.com
🌐 75% Global Worthiness
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EU Responds to Trump's Second Term with Pragmatism and Unified Strategy

The European Union responded calmly to Donald Trump's second inauguration, focusing on pragmatic cooperation while preparing to defend its interests, notably concerning trade and technology regulation, with a unified approach to avoid individual negotiations with Washington.

Progress

32% Bias Score

Reduced Inequality