Tag #Economy

lemonde.fr
🌐 75% Global Worthiness
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France Lowers Proposed Air Travel Tax Amid Environmental Concerns

France's new government is considering a lower tax on air travel, reducing expected revenue from €850 million to €750 million, causing concern among environmental groups who fear reduced funding for emission reduction initiatives. This follows a previous government's failed attempt to implement a hi...

Progress

40% Bias Score

Climate Action
africa.chinadaily.com.cn
🌐 75% Global Worthiness
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Academic Collaboration Should Remain Despite Supply Chain Decoupling: Expert

John Quelch, executive vice-chancellor of Duke Kunshan University, argues against extending supply chain decoupling to educational collaborations, emphasizing the importance of cross-border academic exchanges for global prosperity, citing his university's international student body and China's initi...

Progress

36% Bias Score

Quality Education
theguardian.com
🌐 75% Global Worthiness
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UK to Crack Down on Welfare Fraud with Driving Ban and Bank Access

The UK government will introduce a bill to combat welfare fraud, allowing the DWP to recover £1.5 billion over five years by suspending driving licenses for those with over £1,000 in unpaid debts and accessing bank statements for debt recovery; the bill also expands Public Sector Fraud Authority pow...

Progress

72% Bias Score

Reduced Inequality
usa.chinadaily.com.cn
🌐 75% Global Worthiness
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Xinjiang Tunnel Construction Progressing Despite Challenges

The 15.7-kilometer West Tianshan Super-Long Tunnel in Xinjiang, China, is under construction to connect northern and southern Xinjiang by late October 2027, reducing travel time between Yili and Aksu from 1,710 km to less than 500 km, despite facing geological and environmental challenges.

Progress

48% Bias Score

Industry, Innovation, and Infrastructure
cincodias.elpais.com
🌐 75% Global Worthiness
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Sareb's Affordable Housing Project Receives No Bids

Sareb's Project Vienna, aiming to construct 3,770 affordable rental homes in Spain through a public-private partnership, received zero bids for its first phase, prompting an analysis to understand the lack of investor interest and potential project adjustments.

Progress

40% Bias Score

Sustainable Cities and Communities
elmundo.es
🌐 75% Global Worthiness
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Record Grocery Spending in Spain Reaches "122 Billion Euros" in 2024

Spanish consumers spent a record "122 billion euros" on groceries in 2024, a 4.6% increase driven by higher input prices (up 2.5%), increased demand (up 2%), and a booming online grocery sector (up 18%).

Progress

36% Bias Score

Zero Hunger
es.euronews.com
🌐 75% Global Worthiness
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Davos Panel Highlights Europe's Economic Challenges

At a Davos panel, European leaders discussed the continent's economic challenges, emphasizing the need for regulatory reform, increased investment, and a cultural shift to regain competitiveness, citing the Draghi report's warnings.

Progress

60% Bias Score

Decent Work and Economic Growth
taz.de
🌐 75% Global Worthiness
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Understaffing Hampers Enforcement of Germany's Supply Chain Due Diligence Act

Germany's Federal Office of Economics and Export Control (Bafa), responsible for enforcing the Supply Chain Due Diligence Act, temporarily reassigned 24 of its 100 inspectors in 2024 due to understaffing, hindering the act's implementation and raising concerns about corporate compliance.

Progress

52% Bias Score

Peace, Justice, and Strong Institutions
theglobeandmail.com
🌐 75% Global Worthiness
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Canada's Broadcasting Rules Spark U.S. Trade Retaliation Fears

U.S. business groups warn Canada's updated broadcasting rules under the Online Streaming Act could trigger U.S. trade retaliation, potentially harming Canadian creative industries and violating the CUSMA trade deal. The CRTC is considering changes to Canadian content definitions, while facing opposi...

Progress

48% Bias Score

Decent Work and Economic Growth
africa.chinadaily.com.cn
🌐 75% Global Worthiness
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Xizang's Economy Booms in 2024: GDP Up 6.3%, Foreign Trade Soars

Xizang's 2024 GDP reached $37.96 billion (a 6.3 percent increase), with per capita disposable income at $4,296 and foreign trade surging 15.4 percent to $1.74 billion, driven by infrastructure improvements and supportive government policies.

Progress

52% Bias Score

No Poverty
smh.com.au
🌐 75% Global Worthiness
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Australia's Housing Market Shifts from Seller's to Buyer's Market

Increased residential listings in Australia, particularly in Sydney and Melbourne (up 50 percent in some areas), coupled with a December 2024 drop in national property values, signal a shift from a seller's to a buyer's market, driven by high interest rates, cost-of-living pressures, and sellers ant...

Progress

40% Bias Score

Reduced Inequality
dailymail.co.uk
🌐 75% Global Worthiness
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Qantas Raises Long-Haul Flight Fares by Two Percent

Qantas announced a two percent fare increase on Economy and Premium Economy long-haul flights from Australia and New Zealand to the UK, Europe, the Middle East, and North Africa, effective March 21, 2024, following a 28 percent drop in its 2024 post-tax profit.

Progress

48% Bias Score

Reduced Inequality