Tag #Economy

sueddeutsche.de
🌐 85% Global Worthiness
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Germany's Power Grid Expansion: Public vs. Private Funding

Germany plans a 14,000-kilometer power grid expansion, primarily to transport wind energy; funding it through increased network fees would double them to 7.5 cents/kWh; a state-backed model is proposed as a more cost-effective alternative.

Progress

56% Bias Score

Affordable and Clean Energy
europe.chinadaily.com.cn
🌐 85% Global Worthiness
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Global Tourism Recovers to Near Pre-Pandemic Levels in 2024

In 2024, international tourist arrivals reached 1.4 billion, an 11 percent increase, recovering to 99 percent of 2019 levels, driven by restored air capacity and strong demand; spending reached $1.6 trillion.

Progress

32% Bias Score

Decent Work and Economic Growth
forbes.com
🌐 85% Global Worthiness
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Post-Election Surge in Small Business Optimism

The NFIB Small Business Optimism Index surged to 105.1 in December 2024 following the election of a new president, up from an average of 91 in the preceding 10 months, reflecting a significant increase in optimism among small business owners who expect improved conditions in 2025.

Progress

56% Bias Score

cnbc.com
🌐 85% Global Worthiness
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Trump's "America First" Agenda Threatens EU with Trade War

President Trump's renewed "America First" policy threatens the EU with potential tariffs on imported goods, prompting concerns of a trade war and highlighting the need for EU unity to maintain competitiveness and the strong transatlantic relationship.

Progress

40% Bias Score

Decent Work and Economic Growth
faz.net
🌐 85% Global Worthiness
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German Fuel Prices Rise for Sixth Consecutive Week

According to ADAC's weekly survey of over 14,000 gas stations, German gas prices increased for the sixth straight week due to higher crude oil prices, influenced by geopolitical factors and a recent CO2 price increase.

Progress

32% Bias Score

Affordable and Clean Energy
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
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
europe.chinadaily.com.cn
🌐 85% Global Worthiness
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US Tariffs on China Risk Inflation, Slowing Growth

The US plans to impose massive tariffs on China, potentially increasing inflation and slowing US economic growth; economists predict higher consumer prices and disrupted US supply chains; China plans to counteract with domestic market revitalization and a 5% GDP growth target for 2025.

Progress

40% Bias Score

Reduced Inequality
elmundo.es
🌐 85% Global Worthiness
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Spain's Housing Tax Plan Backfires, Fueling Sales Surge

Spain's plan to tax international homebuyers, potentially up to 100% for non-Europeans, has unexpectedly fueled a surge in sales as buyers rush to avoid higher taxes; this mirrors Canada's extended ban on foreign buyers.

Progress

52% Bias Score

Reduced Inequality
dailymail.co.uk
🌐 85% Global Worthiness
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UK Borrowing Surges to Four-Year High, Raising Fiscal Concerns

The UK government's December borrowing hit a four-year high of £17.8 billion, exceeding expectations and raising concerns about the Chancellor's fiscal rules amid increased debt interest and spending.

Progress

48% Bias Score

Reduced Inequality
it.euronews.com
🌐 85% Global Worthiness
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European Net-to-Gross Income Varies Widely by Family Status

Across 31 European countries, a single person without children receives 68.8% of their average gross annual salary as net income, ranging from 60.1% in Belgium to 85.9% in Cyprus; this significantly increases for families with children due to family benefits and lower taxes.

Progress

20% Bias Score

Reduced Inequality
china.org.cn
🌐 85% Global Worthiness
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China Urges Multilateralism and Inclusive Development at Davos 2025

At the 2025 World Economic Forum in Davos, Chinese Vice Premier Ding Xuexiang urged global cooperation on multilateralism and inclusive development, outlining four key recommendations and highlighting China's commitment to high-quality growth, green transition, and further opening up, based on Presi...

Progress

8% Bias Score

Reduced Inequality