Tag #Economy

french.china.org.cn
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European Firms Reiterate Commitment to Chinese Market

On January 21, China's Ministry of Commerce hosted a roundtable for over 70 European companies operating in China, including major firms like BNP Paribas and Ikea, where attendees voiced support for continued cooperation and long-term investment in the Chinese market.

Progress

44% Bias Score

Decent Work and Economic Growth
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
welt.de
🌐 75% Global Worthiness
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\"German Kindergartens See Surge in Longer Childcare Hours Amidst Staffing Shortages\"\

The number of children in German kindergartens with over 35 weekly childcare hours increased by 30 percent between 2014 and 2024, reaching 3.94 million, while the number of educators rose by 46 percent to 724,000; however, staff shortages persist due to widespread part-time work.

Progress

36% Bias Score

cbsnews.com
🌐 75% Global Worthiness
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Home Equity Loans in 2025: A Balanced Risk-Reward Assessment

In 2025's rising inflation environment, homeowners with an average $320,000 home equity consider home equity loans (8.40% interest) or HELOCs, but must weigh this against high personal loan (13%) and credit card (23%) rates, and carefully assess their repayment ability to avoid foreclosure.

Progress

40% 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
cbsnews.com
🌐 75% Global Worthiness
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Federal Reserve Rate Cuts Dip CD Interest Rates

The Federal Reserve's three 2024 rate cuts lowered CD interest rates from approximately 5% to the 4-4.5% range, impacting short-term CDs most significantly, as banks adjusted deposit account rates and savers shifted to long-term options or high-yield accounts.

Progress

36% Bias Score

Reduced Inequality
bbc.com
🌐 75% Global Worthiness
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Netflix Raises Prices After Record Subscriber Growth

Netflix raised prices in several countries after exceeding subscriber growth expectations by nearly 19 million in Q4 2024, reaching over 300 million subscribers, driven by content such as "Squid Game" season 2 and live sports; the company will now report paid memberships at key milestones.

Progress

44% Bias Score

Reduced Inequality
zeit.de
🌐 75% Global Worthiness
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German Court Upholds Tübingen's Single-Use Packaging Tax

The German Federal Constitutional Court upheld Tübingen's tax on single-use food packaging and cutlery, rejecting a McDonald's franchisee's challenge; the decision validates the city's efforts to reduce waste and may influence other German municipalities considering similar taxes.

Progress

48% Bias Score

Responsible Consumption and Production
forbes.com
🌐 75% Global Worthiness
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Top Healthcare Providers Prioritize Culture for Success

Five leading U.S. healthcare providers—Boston Children's Hospital, Northwell Health, Kaiser Permanente, Sutter Health, and Universal Health Services—attribute their success to prioritizing organizational culture, employing strategies such as open communication, employee recognition programs, and inv...

Progress

48% Bias Score

Good Health and Well-being
cnbc.com
🌐 75% Global Worthiness
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UK Replaces Competition Regulator Chair Amid Growth Concerns

The UK government replaced the Competition and Markets Authority's chair, Marcus Bokkerink, with former Amazon executive Doug Gurr, due to concerns about the CMA's impact on economic growth, following criticism from Prime Minister Keir Starmer and a meeting with the Finance Minister to discuss stimu...

Progress

40% Bias Score

Decent Work and Economic Growth
cbsnews.com
🌐 75% Global Worthiness
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Home Equity Loans: A Strategic Move to Tackle High-Interest Credit Card Debt in 2025

In 2025, using home equity loans or HELOCs to pay off high-interest credit card debt offers significant financial advantages due to lower (around 8% versus 23%) and fixed interest rates, but carries the risk of home loss if payments are missed.

Progress

52% Bias Score

Reduced Inequality
news.sky.com
🌐 75% Global Worthiness
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HMRC Criticized for Degraded Services and Rising Uncollectable Debt

The UK's Public Accounts Committee criticized HM Revenue and Customs (HMRC) for worsening its phone service to push digital channels, leading to only 66.4% of calls answered, average wait times exceeding 23 minutes, and £5bn in uncollectable debt written off in 2023-24.

Progress

48% Bias Score

Reduced Inequality