Tag #Economy

dailymail.co.uk
🌐 85% Global Worthiness
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UK Government Intervention Limits Car Finance Mis-selling Payouts, Boosting Lender Shares

The UK Treasury is seeking to limit compensation payouts in a multi-billion pound car finance mis-selling case, causing shares in affected lenders to rise sharply, despite the potential for industry disruption.

Progress

48% Bias Score

Reduced Inequality
chinadaily.com.cn
🌐 85% Global Worthiness
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RCEP: Lowering Trade Costs Amidst Global Uncertainty

The Regional Comprehensive Economic Partnership (RCEP), encompassing 15 Asia-Pacific nations, entered its third year on January 1, 2022, significantly reducing trade costs by eliminating tariffs on over 90% of traded goods and lowering non-tariff barriers, despite global trade cost increases due to ...

Progress

40% Bias Score

Decent Work and Economic Growth
nbcnews.com
🌐 85% Global Worthiness
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Disney's "Moana 2" Surpasses \$1 Billion at Box Office

Moana 2" surpassed \$1 billion in global box office revenue during the Martin Luther King Jr. Day weekend, making it Disney's third billion-dollar film of 2024 and highlighting a significant recovery for the studio after shifting its distribution strategy away from streaming-first releases.

Progress

40% Bias Score

Decent Work and Economic Growth
elpais.com
🌐 85% Global Worthiness
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Sabadell's Return to Catalonia: Political Stakes High Amidst BBVA Takeover

Banco Sabadell, headquartered in Alicante since 2017, is considering returning to Catalonia, a move with significant political implications amid BBVA's takeover attempt and Spain's ongoing recovery from the 2017 independence crisis.

Progress

56% Bias Score

Peace, Justice, and Strong Institutions
cnbc.com
🌐 85% Global Worthiness
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BOJ Poised for Rate Hike Amid Inflation and Yen Weakness

The Bank of Japan is expected to raise its benchmark interest rate by 0.25% this week to 0.5%, the highest since 2008, driven by sustained inflation, yen weakness, and a shift in the BOJ's public statements. Eighteen of nineteen economists polled by CNBC predict the hike, despite risks from weak hou...

Progress

40% Bias Score

Decent Work and Economic Growth
apnews.com
🌐 85% Global Worthiness
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Netflix Q4 2024 Results: Record Subscriber Growth Fueled by Live Programming

Netflix added nearly 19 million subscribers in Q4 2024, exceeding expectations due to live programming such as a Jake Paul boxing match and NFL games; revenue reached \$10.2 billion, up 16% year-over-year, and the company announced price increases in several markets.

Progress

44% Bias Score

Reduced Inequality
dailymail.co.uk
🌐 85% Global Worthiness
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Wall Street Activist Challenges Veteran Stock Picker in London Investment Trust Power Struggle

Boaz Weinstein's Saba Capital is attempting to seize control of seven London-listed investment trusts, including Herald Investment Trust, led by Katie Potts, in a vote today that could reshape the industry.

Progress

52% Bias Score

Decent Work and Economic Growth
chinadaily.com.cn
🌐 85% Global Worthiness
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China Urges Global Cooperation for Inclusive Growth at Davos

In a Davos speech, Chinese Vice-Premier Ding Xuexiang advocated for multilateralism and inclusive growth, emphasizing China's commitment to green transition and economic opening while urging global cooperation on key challenges like climate change and digital connectivity. He met with several world ...

Progress

40% Bias Score

Reduced Inequality
elpais.com
🌐 85% Global Worthiness
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Sabadell to Return HQ to Catalonia Amid BBVA Takeover

Banco Sabadell plans to return its headquarters to Catalonia on October 25th, 2023, reversing a 2017 move to Alicante due to political instability, amidst a hostile takeover bid by BBVA and following similar moves by four other companies.

Progress

44% Bias Score

Sustainable Cities and Communities
forbes.com
🌐 85% Global Worthiness
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CMS Drug Price Controls Under IRA Threaten Pharmaceutical Innovation

CMS announced price negotiations for 15 drugs under the IRA, imposing penalties up to 95% of U.S. sales for non-compliance; this discourages R&D, potentially resulting in fewer new drugs and harming patients, with studies projecting a loss of 135 new drugs and $663 billion in R&D spending by 2039.

Progress

60% Bias Score

Good Health and Well-being
nbcnews.com
🌐 85% Global Worthiness
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Netflix Q4 Earnings Surpass Expectations, Stock Soars 13%

Netflix exceeded Q4 2024 earnings expectations, reporting $10.25 billion in revenue and $4.27 EPS, exceeding forecasts; this success was driven by record subscriber growth (19 million net additions) and a diverse content slate, including "Squid Game" season 2 and live sports; the company's stock soa...

Progress

40% Bias Score

Reduced Inequality
china.org.cn
🌐 85% Global Worthiness
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China Urges Multilateralism and Inclusive Growth at Davos

In Davos, Chinese Vice Premier Ding Xuexiang urged global cooperation for inclusive development, echoing President Xi's 2017 call for multilateralism, and outlined China's commitment to high-quality growth, green initiatives, and further opening up, meeting with several world leaders and business ex...

Progress

20% Bias Score

Reduced Inequality