Tag #Economy

lefigaro.fr
🌐 75% Global Worthiness
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French Senate Votes to Eliminate Organic Farming Agency

The French Senate voted to dissolve the Agence Bio, a national agency promoting organic agriculture, saving €2.9 million and transferring its responsibilities to other organizations, despite concerns from industry stakeholders about potential negative impacts on the organic sector.

Progress

48% Bias Score

Responsible Consumption and Production
cbsnews.com
🌐 75% Global Worthiness
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Trump Issues Executive Order to Combat Inflation

On January 20, President Trump signed an executive order aiming to lower the cost of living by directing federal agencies to reduce prices on housing, healthcare, and fuel, despite economists' doubts and low public confidence.

Progress

48% Bias Score

No Poverty
bbc.com
🌐 75% Global Worthiness
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HMRC Cuts Off 43,690 Customers, Faces Criticism Over Poor Phone Service and Rising Uncollectable Debt

HMRC's phone system cut off 43,690 customers after 70-minute waits in 2023-24 due to high call volume, prompting criticism from MPs over poor service and a £5 billion increase in uncollectable debt; HMRC denies claims of deliberately poor service.

Progress

56% Bias Score

Reduced Inequality
china.org.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, connecting Yili and Aksu prefectures, faces challenges like flooding and extreme temperatures but is progressing as planned for completion by late October 2027, significantly reducing travel time and boosting regional development...

Progress

52% Bias Score

Industry, Innovation, and Infrastructure
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
zeit.de
🌐 75% Global Worthiness
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Sachsen-Anhalt Faces Rising Unemployment Despite High Job Demand

In Sachsen-Anhalt, unemployment rose 2.6% in 2024 and is projected to increase another 2.3% this year, despite high demand (around 20,000 open positions) for skilled workers; a large skills gap exists, with 61% of unemployed being unskilled while 81% of job openings require skilled labor; foreign wo...

Progress

32% Bias Score

Decent Work and Economic Growth
us.cnn.com
🌐 75% Global Worthiness
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Trump Orders "Emergency Price Relief" for Housing, but Implementation Details Remain Scarce

President Trump signed an executive order on Monday mandating "emergency price relief" for American housing costs, citing that regulations account for 25% of new home construction costs; however, the order provides few specifics on how the administration plans to achieve this.

Progress

52% Bias Score

Affordable and Clean Energy
dailymail.co.uk
🌐 75% Global Worthiness
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BrewDog Founder Launches £2 Million Reality Show Amid UK Business Climate Concerns

James Watt, BrewDog founder, blames the UK's challenging business environment on the autumn Budget, launching a reality show, "House of Unicorns," with a £2 million prize to support entrepreneurs and counter this trend.

Progress

40% Bias Score

Decent Work and Economic Growth
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
forbes.com
🌐 75% Global Worthiness
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New Jersey Seeks to Simplify Sales Tax Compliance by Eliminating Transaction Thresholds

New Jersey is proposing to eliminate the 200-transaction threshold for sales tax economic nexus, instead requiring businesses to collect sales tax if their gross revenue exceeds \$100,000 annually in the state; this simplifies compliance and enhances revenue collection.

Progress

48% Bias Score

Reduced Inequality
global.chinadaily.com.cn
🌐 75% Global Worthiness
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SSE Issues New ESG Reporting Guidelines, Building on Record Year for Sustainability Disclosures

The Shanghai Stock Exchange released two documents on January 17th to guide listed companies in improving their Environmental, Social, and Governance (ESG) reporting, providing sample disclosures and focusing on key climate change issues. This voluntary initiative builds upon a 2024 record of 1,193 ...

Progress

40% Bias Score

Responsible Consumption and Production
zeit.de
🌐 75% Global Worthiness
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Munich Re Confident in Profit Target Despite California Wildfires

Despite the substantial financial impact of the California wildfires on the insurance industry (estimated at 20-30 billion euros), Munich Re, the world's largest reinsurer, maintains its 6 billion euro profit target for 2025 due to its robust catastrophe reserves and reinsurance business model.

Progress

68% Bias Score

Climate Action