Tag #Economy

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
forbes.com
🌐 75% Global Worthiness
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Software Failure Spurs Cash Rush, Underscoring Need for Payment Diversity

A major software failure caused widespread digital payment disruptions, leading to a 30% surge in U.K. ATM withdrawals and highlighting the ongoing importance of cash as a backup payment method amid growing concerns about digital security and privacy.

Progress

36% Bias Score

Reduced Inequality
elpais.com
🌐 75% Global Worthiness
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Spanish ESO Completion Rate: Stagnation Claim Refuted, Exposing Systemic Inequalities

Analysis reveals that claims of stagnation in Spain's ESO completion rate are false; data shows a slight increase, but significant disparities exist between public and private schools, particularly in Madrid, highlighting inequitable resource allocation and a narrative that blames students for syste...

Progress

56% Bias Score

Quality Education
cnn.com
🌐 75% Global Worthiness
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Trump Repeats False Claims About US Trade Deficits and Inflation at Davos

During a Davos speech, President Trump made false claims about US trade with the EU and Canada, asserting that the EU doesn't import US farm products or cars, and exaggerating the US-Canada trade deficit to $200-$250 billion (it was actually $40.6 billion in 2023). He also misrepresented the US-Chin...

Progress

20% Bias Score

Reduced Inequality
us.cnn.com
🌐 75% Global Worthiness
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Trump Repeats False Claims About US Trade Relationships

President Trump made false claims about US trade with the EU, China, and Canada during a Davos speech, misrepresenting agricultural and vehicle exports to the EU, exaggerating the US trade deficit with China, and grossly overstating the deficit with Canada while ignoring the significant role of Cana...

Progress

16% Bias Score

Reduced Inequality
nos.nl
🌐 75% Global Worthiness
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Dutch Government Urges Halt to In-Store "Buy Now, Pay Later" Expansion

The Dutch government urges, but cannot ban, "buy now, pay later" services in stores before 2026 EU regulations, expressing concern for vulnerable consumers while Klarna adds information screens and explores an opt-out feature.

Progress

52% Bias Score

Reduced Inequality
repubblica.it
🌐 75% Global Worthiness
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Italian Cultural Spending Rebounds, but Regional Disparities Persist

Italy's cultural spending rebounded by 30% since 2022, reaching €86 monthly, driven by live events exceeding pre-pandemic levels; however, regional disparities and innovation gaps remain.

Progress

32% Bias Score

No Poverty
cincodias.elpais.com
🌐 75% Global Worthiness
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Castlelake to Sell Aedas Homes for Over €1.1 Billion

US fund Castlelake is selling its 79% stake in Spanish real estate company Aedas Homes, with bids expected in February from major investors like Hines and Starwood Capital for a deal potentially exceeding €1.1 billion, reflecting increased international interest in Spain's housing market.

Progress

40% Bias Score

Decent Work and Economic Growth
nos.nl
🌐 75% Global Worthiness
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Netherlands Falls Short of Social Housing Goals

In the Netherlands, only 26 percent of new housing construction from 2020-2023 was social rental housing, falling short of the government's 30 percent target; 34 municipalities had zero social rental construction, prompting a new law to mandate this 30 percent target in municipalities with lower tha...

Progress

40% Bias Score

Reduced Inequality
us.cnn.com
🌐 75% Global Worthiness
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CNN Announces 200 Layoffs, New Streaming Service in Restructuring

CNN announced Thursday that it is laying off around 6% of its workforce, or approximately 200 employees, as it overhauls its programming and invests $70 million in a new streaming service and digital strategy to address declining viewership and revenue.

Progress

40% Bias Score

Decent Work and Economic Growth
cbsnews.com
🌐 65% Global Worthiness
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CD Rates Remain High in Early 2025, But Choices Abound

In early 2025, savers face a choice between relatively high-yield CDs and high-yield savings accounts, weighing the trade-off between fixed versus variable interest rates and the penalty for early CD withdrawals against their need for liquidity and risk tolerance.

Progress

52% Bias Score

Reduced Inequality