Tag #Economy

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
corrieredibologna.corriere.it
🌐 75% Global Worthiness
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Bologna Announces €200 Million Flood Mitigation Plan

In response to recent floods in Bologna, Italy, the city, metropolitan area, and regional government will collaborate on immediate repairs to critical infrastructure by March (€200 million estimated cost), along with long-term flood mitigation projects. The plan includes community involvement and a ...

Progress

36% Bias Score

Sustainable Cities and Communities
elpais.com
🌐 75% Global Worthiness
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Spanish Youth Lead in Reading Increase, but Time Constraints Remain

The 2024 Spanish Ministry of Culture's reading habits barometer shows that 75.3% of 14–24 year olds read books in their free time, a 5% increase from last year, while 65% of Spaniards over 14 read, with a 6% increase since 2017; however, lack of time is the main reason 34.5% don't read, leading to a...

Progress

52% Bias Score

Quality Education
faz.net
🌐 65% Global Worthiness
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Rhein-Main TV Shuts Down After Failed Investment

Turkish businessman Ilkem Sahin's failure to invest in Rhein-Main TV, a German regional broadcaster he acquired in April 2023, led to its closure in February 2024 after two insolvencies, impacting 16 employees and 800,000 daily viewers.

Progress

48% Bias Score

Decent Work and Economic Growth
cnbc.com
🌐 65% Global Worthiness
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Wall Street Analysts Issue Multiple Rating Changes Wednesday

Wall Street analysts issued several rating changes Wednesday, including Bank of America raising its Netflix price target to $1,175, Wells Fargo upgrading Charles Schwab and 3M, Barclays upgrading Netflix to "equal weight", and downgrades for Ford and Reddit.

Progress

0% Bias Score

Decent Work and Economic Growth
liberation.fr
🌐 65% Global Worthiness
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French Government Announces €475,000 Cabaret Support Plan

The French government unveiled a €475,000 "cabaret plan" on January 21st, including financial aid, tax credit support, and heritage recognition for the French cabaret industry, aiming to bolster its creation, visibility, and cultural standing.

Progress

28% Bias Score

Industry, Innovation, and Infrastructure
lemonde.fr
🌐 75% Global Worthiness
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French Government Rejects Taxing Retirees to Fund Social Security

French Economy Minister Eric Lombard rejected a proposal by the Labor Minister to tax 40% of retirees to fund social security in the 2025 budget, citing the government's commitment to avoiding new household taxes; the proposal sparked controversy among political parties and government supporters.

Progress

36% 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
bbc.com
🌐 75% Global Worthiness
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UK to revoke driving licenses from benefit fraudsters

The UK government proposes to strip convicted benefit cheats of their driving licenses for debts over £1,000 and gain greater access to bank account data to combat fraud, potentially saving £1.6bn over five years, but raising privacy concerns.

Progress

44% Bias Score

Reduced Inequality
cnbc.com
🌐 65% Global Worthiness
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U.K.'s Balanced Trade with U.S. Could Mitigate Trump's Tariff Impact

The U.K. had a £4.5 billion trade surplus with the U.S. in Q2 2024, contrasting with a £2.3 billion deficit in Q2 2023; this balanced trade history differentiates the U.K. from countries with persistent surpluses, potentially mitigating the impact of potential future trade tariffs imposed by Preside...

Progress

40% Bias Score

Decent Work and Economic Growth
zeit.de
🌐 65% Global Worthiness
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Hamburg's Budget Faces Billions in Potential Losses Due to Party Tax Cut Plans

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Progress

44% Bias Score

Reduced Inequality
bbc.com
🌐 90% Global Worthiness
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Trump's Inaugural Address: Promises of a "Golden Age" and National Emergencies

In his inaugural address, Donald Trump promised a new "golden age" for America, focusing on immigration and the economy, while declaring a "crisis of trust" in the government and promising numerous executive actions, including declaring national emergencies on immigration and energy.

Progress

64% Bias Score

Reduced Inequality