Tag #Economy

theglobeandmail.com
🌐 75% Global Worthiness
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IRCC to Cut 3,300 Jobs Amidst Budgetary Constraints

The Canadian federal immigration department will eliminate 3,300 positions over three years, impacting both permanent and term employees amid government-wide budget cuts, potentially worsening application processing backlogs and raising concerns about broader immigration management.

Progress

44% Bias Score

Decent Work and Economic Growth
sueddeutsche.de
🌐 75% Global Worthiness
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Germany to See Massive Expansion of Automated Parcel Stations

German parcel delivery companies DHL, GLS, and DPD plan to significantly increase the number of automated parcel stations by 2030, offering consumers more convenient pickup options and potentially reducing traffic congestion in cities.

Progress

36% Bias Score

Sustainable Cities and Communities
smh.com.au
🌐 75% Global Worthiness
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Catch.com.au to Close Amidst Fierce E-commerce Competition

Catch.com.au, owned by Wesfarmers, will cease operations on April 30th due to intense competition from Amazon, Shein, and Temu, resulting in nearly 200 job losses but a transfer of 100 e-commerce roles to Kmart, which will utilize Catch's warehouses. Wesfarmers bought Catch in 2019 for $230 million ...

Progress

36% Bias Score

Decent Work and Economic Growth
elmundo.es
🌐 75% Global Worthiness
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Madrid's Plaza de Canalejas to Get New Luxury Hotel-Theater Complex in 2027

Madrid's Plaza de Canalejas will see a new luxury hotel-theater complex open in 2027, a €30 million project by Pescaderías Coruñesas involving the renovation of three historic buildings and the Reina Victoria Theater, adding to the city's growing luxury hotel sector.

Progress

40% Bias Score

Sustainable Cities and Communities
spanish.china.org.cn
🌐 75% Global Worthiness
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Chinese Spring Festival Movie Pre-Sales Shatter Records

Pre-sales for Spring Festival movies in China exceeded 169.8 million yuan ($23.2 million) within 12 hours, breaking records multiple times, boosted by a government campaign and online promotions from major platforms such as Taobao and JD.com.

Progress

48% Bias Score

Decent Work and Economic Growth
french.china.org.cn
🌐 75% Global Worthiness
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China's Chunyun Surpasses One Billion Trips, Boosting Consumption

China's 40-day Spring Festival travel rush (Chunyun) has surpassed one billion trips, with road travel comprising nearly 80%, while the 2025 Chunyun is projected to reach nine billion trips, stimulating consumption across various sectors.

Progress

44% Bias Score

Sustainable Cities and Communities
cnbc.com
🌐 75% Global Worthiness
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Mixed European Markets React to Trump Orders, Orsted Loss

European markets opened mixed Tuesday; Orsted reported a $1.7 billion loss; UK wages rose 6% but payrolls fell; Trump may impose tariffs; Davos hosts global leaders.

Progress

36% Bias Score

Decent Work and Economic Growth
smh.com.au
🌐 75% Global Worthiness
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\$110 Million Redevelopment of Fremantle's Elders Wool Stores

Human Urban's \$110 million redevelopment of Fremantle's historic Elders Wool Stores will repurpose the 20,000-square-meter site into a mixed-use complex with apartments, co-living units, and retail, preserving original structures while adding two to three stories.

Progress

48% Bias Score

Sustainable Cities and Communities
jpost.com
🌐 75% Global Worthiness
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eToro Files for $5 Billion US IPO

Israeli online trading platform eToro confidentially filed for a $5 billion US IPO with the SEC, aiming for a second-quarter 2025 launch led by Goldman Sachs, Jefferies, and UBS, following a previous failed attempt and recent regulatory challenges.

Progress

40% Bias Score

Decent Work and Economic Growth
dw.com
🌐 75% Global Worthiness
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Musk's Politics Sink Tesla Sales in Germany

Following Elon Musk's controversial political endorsements, particularly his support for the AfD, Tesla's German sales plummeted by nearly half in 2024 (from 63,000 to 37,000), while a German graphic designer's sales of anti-Musk Tesla stickers skyrocketed, reflecting a growing consumer backlash aga...

Progress

44% Bias Score

Responsible Consumption and Production
kathimerini.gr
🌐 75% Global Worthiness
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Greek Banks Respond to Fee Reduction Mandate with New Transaction Packages

Greek banks introduced new transaction packages with added services to offset reduced fees on money transfers and bill payments mandated by the government, effective immediately; measures include zero charges for payments to public entities and a maximum €0.50 for transfers under €5,000.

Progress

36% Bias Score

Reduced Inequality
elpais.com
🌐 75% Global Worthiness
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Spain's "Becario Statute" Delayed Amid Funding Dispute

Spain's "Becario Statute," designed to protect unpaid student interns, is delayed due to internal government disagreements over funding for intern expenses; universities fear bearing the costs if companies refuse, jeopardizing internship programs for over 600,000 students annually.

Progress

36% Bias Score

Quality Education