Tag #Economy

theguardian.com
🌐 85% Global Worthiness
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EU Funds Fail Small-Scale Fishers Amidst Climate Crisis

In Southern Italy and Spain, climate change and pollution caused devastating shellfish harvest failures, leaving hundreds of small-scale producers with total losses, despite the availability of over €12 billion in EU funds that mainly benefited large-scale operations due to complex application proce...

Progress

44% Bias Score

Life Below Water
bbc.com
🌐 85% Global Worthiness
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Trump's Second Term: Domestic Focus, Global Economic Uncertainty

President Trump's second term begins with a focus on domestic policy, but his trade and energy policies will significantly impact global markets, potentially triggering trade wars, increasing inflation, and exacerbating climate change, with varying consequences for countries like Scotland.

Progress

36% Bias Score

Reduced Inequality
cnbc.com
🌐 85% Global Worthiness
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Binance CEO Predicts Bitcoin All-Time High in 2025 Amidst Positive US Regulatory Outlook

Binance CEO Richard Teng predicts Bitcoin will hit a new all-time high in 2025 due to expected positive regulatory changes in the U.S. under President Trump, citing clearer regulations, pro-crypto political sentiment, and potential creation of a U.S. Bitcoin reserve.

Progress

56% Bias Score

Reduced Inequality
spanish.china.org.cn
🌐 85% Global Worthiness
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Ultra-Rich Wealth Soars to \$2 Trillion in 2024 Amidst Unchanged Global Poverty

In 2024, the world's ultra-rich saw their collective wealth increase by \$2 trillion, a threefold rise from 2023, while global poverty remained largely unchanged since 1990, according to a report by a confederation of 20 NGOs that highlights the lasting effects of colonialism on wealth distribution.

Progress

48% Bias Score

Reduced Inequality
elpais.com
🌐 85% Global Worthiness
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Trump Threatens 25% Tariff on Mexico and Canada

US President Trump announced a potential 25% tariff on Mexican and Canadian imports, starting February 1st, to combat immigration and fentanyl trafficking; this caused the Mexican peso to fall to 20.75 per dollar.

Progress

48% Bias Score

Decent Work and Economic Growth
kathimerini.gr
🌐 85% Global Worthiness
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Major Banks Abandon Climate Initiatives Amidst Political Uncertainty

Major banks, including JPMorgan, Citigroup, and Goldman Sachs, are abandoning climate initiatives, withdrawing billions from green funds and leaving alliances like the Net Zero Banking Alliance, due to concerns over political uncertainty and stringent regulations; the Federal Reserve also withdrew f...

Progress

48% Bias Score

Climate Action
dailymail.co.uk
🌐 85% Global Worthiness
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UK Government Intervenes in £30 Billion Car Finance Mis-selling Case

The UK government is seeking Supreme Court intervention to limit potential £30 billion in compensation payouts to motorists over mis-sold car finance deals, arguing the October ruling could destabilize the motor finance market and impact millions of consumers.

Progress

56% Bias Score

Reduced Inequality
elmundo.es
🌐 85% Global Worthiness
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Spanish-Valencian Government Rift Jeopardizes Flood Reconstruction Funds

Following devastating floods in Valencia, Spain, the regional government expressed surprise at the central government's EU funding application, revealing a complete lack of communication that jeopardizes the 4.404 billion euro reconstruction effort. This highlights the urgent need for inter-governme...

Progress

48% Bias Score

Sustainable Cities and Communities
cnbc.com
🌐 85% Global Worthiness
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JMP Securities Initiates Roku with Outperform Rating, $95 Price Target

JMP Securities initiated coverage of Roku with a market outperform rating and a $95 price target, citing its leading U.S. streaming position, significant CTV ad spend shift, and multiple growth avenues.

Progress

44% Bias Score

Reduced Inequality
repubblica.it
🌐 85% Global Worthiness
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EU to Review 2035 Zero-Emission Vehicle Mandate Amidst Industry Concerns

Italy is pushing for a 2025 review of the EU's plan to mandate zero-emission vehicles by 2035, amid slow market growth (1% in 2024 compared to an 18% decline from 2019) and concerns about the transition's impact on the European automotive industry.

Progress

52% Bias Score

Climate Action
cnbc.com
🌐 85% Global Worthiness
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JMP Initiates Roku with Outperform Rating, $95 Price Target

JMP Securities initiated coverage of Roku with a market outperform rating and a $95 price target, citing the company's leading position in the U.S. streaming market and the significant growth of connected TV advertising. The analyst expects a 15% CAGR in CTV ad spend between 2024 and 2027, with Roku...

Progress

44% Bias Score

Reduced Inequality
french.china.org.cn
🌐 85% Global Worthiness
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Xi Highlights China's Economic Progress and Future Development Plans

Xi Jinping addressed non-communist parties and figures in China on January 28, 2025, praising 2024's economic achievements (5% GDP growth) and outlining plans for continued high-quality development, emphasizing collaboration and preparation for the 15th Five-Year Plan (2026-2030).

Progress

44% Bias Score

Decent Work and Economic Growth