Tag #Economy

jpost.com
🌐 85% Global Worthiness
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Elbit Systems' Stock Soars Amidst Global Defense Spending Surge

Elbit Systems' share price has soared 70% since June to record highs, reaching a $13.3 billion market cap, fueled by increased global defense budgets and strong demand for its products, particularly in Israel following the recent conflict; despite a ceasefire, continued growth is expected.

Progress

56% Bias Score

Peace, Justice, and Strong Institutions
german.china.org.cn
🌐 85% Global Worthiness
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China Unveils Plan to Boost Capital Market Confidence

To bolster confidence in China's capital market, six government agencies announced a plan to increase medium- to long-term capital inflow into the stock market, a follow-up to December 2024's Central Economic Work Conference decisions, focusing on encouraging greater participation from large institu...

Progress

48% Bias Score

Decent Work and Economic Growth
forbes.com
🌐 85% Global Worthiness
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Trump's Executive Orders to Delay Tax Refunds

President Trump's executive orders mandating a return-to-office policy and imposing a hiring freeze on federal employees will likely delay tax refunds this year, impacting the IRS's ability to process returns efficiently due to reduced staffing and operational challenges.

Progress

48% Bias Score

Reduced Inequality
africa.chinadaily.com.cn
🌐 85% Global Worthiness
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Chinese Manufacturers Diversify Amid Potential US Tariff Hikes

Facing potential US tariff increases, Chinese manufacturers are actively diversifying their export markets, focusing on emerging economies and product innovation, as evidenced by a record \$205.2 billion trade value with Vietnam in 2024 and companies expanding into Southeast Asia and Africa.

Progress

44% Bias Score

Decent Work and Economic Growth
nos.nl
🌐 85% Global Worthiness
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Dutch Pension Fund Considers €5 Billion Divestment from BlackRock Over Climate Concerns

Dutch pension fund PME is considering withdrawing approximately €5 billion from BlackRock due to concerns about the firm's reduced commitment to climate-focused investing, prompting a letter seeking clarification and potentially shifting investments to another firm.

Progress

44% Bias Score

Climate Action
theguardian.com
🌐 85% Global Worthiness
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UK Restricts Legal Challenges to Infrastructure Projects to Boost Growth

The UK government will limit legal challenges to major infrastructure projects by restricting appeals of High Court rulings deemed "totally without merit," aiming to accelerate development and boost economic growth, despite concerns from environmental groups about potential environmental damage.

Progress

56% Bias Score

Sustainable Cities and Communities
forbes.com
🌐 85% Global Worthiness
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AI Career Coaching Platform Teal Raises \$7.5 Million, Doubles User Base

Teal, an AI-powered career platform, raised \$7.5 million in Series A funding, doubled its user base to one million in 2024, and generated \$4.2 million in revenue, offering services like AI interview prep and job matching to help users navigate the job market.

Progress

44% Bias Score

Decent Work and Economic Growth
cnbc.com
🌐 85% Global Worthiness
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Market Surge Amidst Warnings of Inflated Valuations

Driven by strong corporate earnings and pro-growth policies, U.S. and German stock markets surged on Wednesday, reaching new highs, yet concerns remain regarding inflated valuations and potential risks, as highlighted by JPMorgan Chase CEO Jamie Dimon.

Progress

44% Bias Score

Decent Work and Economic Growth
forbes.com
🌐 85% Global Worthiness
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Intuitive Surgical Earnings Preview: Record High, Volatility Expected

Intuitive Surgical (ISRG) is scheduled to release its Q[quarter] earnings after Thursday's market close; analysts predict $1.77 EPS on $2.21 billion in revenue, while the whisper number is $2.02 EPS; the stock is highly sensitive to results and recently reached a record high.

Progress

48% Bias Score

Good Health and Well-being
theglobeandmail.com
🌐 85% Global Worthiness
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Netflix Raises Canadian Subscription Prices Amid Industry-Wide Trend

Netflix implemented a price increase in Canada, raising its subscription plans by $2 to $7.99 for the basic plan with ads, $2.50 to $18.99 for the standard plan without ads, and $3 to $23.99 for the premium plan, reflecting a broader industry trend of rising streaming costs and competitive pressures...

Progress

40% Bias Score

Reduced Inequality
elmundo.es
🌐 85% Global Worthiness
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Spanish Congress Rejects Decree, Cutting Pension Increases and Free Public Transit

The Spanish Congress rejected an omnibus decree, resulting in a €40.50 monthly reduction for average retirees, eliminating aid for vulnerable citizens, and ending free public transport, exposing the government's fragile parliamentary majority.

Progress

52% Bias Score

Reduced Inequality
dw.com
🌐 85% Global Worthiness
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Russian Oil Spill Causes Tourism Collapse, Environmental Disaster

A massive oil spill from two sunken tankers off the coast of Anapa, Russia, on December 15th, 2023, has caused a 40 percent drop in summer tourism bookings, killed thousands of animals, and sparked criticism of the government's response.

Progress

36% Bias Score