Tag #Economy

forbes.com
🌐 85% Global Worthiness
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JPMorgan CEO Defends DEI Initiatives Amidst Trump Administration Crackdown

JPMorgan CEO Jamie Dimon continues to champion the bank's diversity, equity, and inclusion initiatives despite the Trump administration's recent executive order targeting such programs and facing pressure from conservative shareholders; the bank's $30 billion racial equity commitment is nearing comp...

Progress

44% Bias Score

Reduced Inequality
elmundo.es
🌐 85% Global Worthiness
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Spain's Parliament Rejects Energy Bill, Leaving 1.8 Million Vulnerable Households at Risk

The Spanish parliament's rejection of the omnibus bill eliminates protections against utility shutoffs for 1.8 million vulnerable households and reduces energy discounts, impacting energy poverty initiatives and increasing electricity costs for energy-intensive industries.

Progress

48% Bias Score

No Poverty
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
bbc.com
🌐 85% Global Worthiness
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UK Amends Non-Dom Tax Plan Amid Millionaire Exodus

Chancellor Rachel Reeves announced amendments to the UK government's plan to abolish non-dom status, increasing the generosity of the Temporary Repatriation Facility to help non-doms repatriate funds to the UK at a reduced tax rate; this follows concerns about wealthy individuals leaving the UK and ...

Progress

52% Bias Score

Reduced Inequality
corriere.it
🌐 75% Global Worthiness
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\"Italian Economy Stagnates Amidst Export Decline and Waning Recovery\"\

Italy's economy stagnated in the third and fourth quarters of 2024 due to a decline in exports, primarily to Germany and the US, alongside worsening business prospects and waning effects of post-Covid recovery and EU funds.

Progress

56% Bias Score

Decent Work and Economic Growth
repubblica.it
🌐 75% Global Worthiness
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Global EV Growth Slows Amidst Price Drops, Italy Lags Behind

Jato Dynamics' study reveals slowing global EV growth in 2024, despite price drops in Europe, China, and the US; while Italian EV prices are 25% higher than ICE vehicles, the gap will narrow in 2025 with new affordable models, but remain significantly higher compared to China.

Progress

40% Bias Score

Affordable and Clean Energy
kathimerini.gr
🌐 85% Global Worthiness
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Volkswagen's Collaborative Cost Cuts Raise Investor Doubts

Volkswagen's pre-Christmas cost-cutting agreement, involving plant closures and 35,000 job cuts by 2027, prioritizes collaboration with labor unions, raising investor concerns about its feasibility and impact on the company's stock price.

Progress

44% Bias Score

Decent Work and Economic Growth
sueddeutsche.de
🌐 85% Global Worthiness
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Germany's Power Grid Expansion: State Intervention vs. Private Financing

To facilitate renewable energy integration and European electricity trade, Germany plans a 14,000-kilometer power grid expansion; funding this solely through increased network charges would double electricity prices, prompting proposals for state intervention and partial nationalization of grid oper...

Progress

52% Bias Score

Affordable and Clean Energy
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
dw.com
🌐 85% Global Worthiness
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EU Awaits Trump's Second Term: Pragmatism and Preparedness in Trade Relations

On Donald Trump's second inauguration, the EU faced no immediate trade shocks, despite earlier tariff threats; the EU is adopting a pragmatic strategy, seeking cooperation while defending its interests, particularly regarding technology regulations and energy trade.

Progress

36% Bias Score

Reduced Inequality
dailymail.co.uk
🌐 75% Global Worthiness
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Weinstein's Bid to Oust Herald Investment Trust Board Fails

Shareholders of the £1.3 billion Herald Investment Trust overwhelmingly rejected a proposal by Boaz Weinstein's Saba Capital to replace the board, dealing a major blow to Weinstein's campaign targeting seven London-listed trusts and highlighting strong shareholder engagement.

Progress

48% Bias Score

Reduced Inequality
theglobeandmail.com
🌐 75% Global Worthiness
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Actively Managed ETFs Rise in Canada

Canada launched the world's first ETF in 1990, and today actively managed ETFs constitute over half of the approximately 1,500 ETFs listed in Canada, representing a significant shift from a decade ago, though passive ETFs still hold the majority of assets.

Progress

36% Bias Score

Reduced Inequality