Tag #Economy

forbes.com
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IRS Form 1099: Automated Tax Reporting and Consequences of Non-Compliance

IRS Form 1099, crucial for automated tax reporting, requires businesses to report payments exceeding $600 to non-corporate payees; failure to report this income on personal tax returns may result in audits and tax notices.

Progress

40% Bias Score

Reduced Inequality
t24.com.tr
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Turkey: 100 Million TL Embezzlement from Bankrupt Insurance Company Results in Arrests

Eleven individuals were arrested in a three-province operation in Turkey for allegedly embezzling 100 million TL from a bankrupt insurance company, with five suspects jailed and six released under judicial control.

Progress

48% Bias Score

Reduced Inequality
lexpress.fr
🌐 75% Global Worthiness
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EU Approves France's Budget Despite High Deficit

The EU approved France's 2024 budget on January 21st, despite a projected 6.1% deficit exceeding the 3% limit, requiring significant spending cuts to reach 5.4% in 2025 and under 3% by 2029; this follows the European Commission's positive assessment and involves 21 EU member states' approved budgets...

Progress

40% Bias Score

Reduced Inequality
welt.de
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\"EU Electric Vehicle Registrations Fall Amidst Broader Market Weakness\"\

Sluggish demand for electric vehicles in Germany caused a 10.2 percent drop in EU-wide electric car registrations in December 2024; however, the overall number of new car registrations in the EU increased by 0.8 percent in 2024 compared to the previous year, yet remained 17 percent below 2019 levels...

Progress

36% Bias Score

Affordable and Clean Energy
europe.chinadaily.com.cn
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Xiong'an Streamlines Business Licensing with Cross-Regional Online System

Xiong'an New Area successfully piloted a cross-regional online business licensing system, enabling Starbucks to obtain permits remotely, significantly reducing time and costs compared to previous in-person application processes; this initiative, part of broader efforts to optimize government service...

Progress

40% Bias Score

Decent Work and Economic Growth
bbc.com
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Belfast Harbour's £90m Investment to Boost Cruise Tourism and Wind Energy

Belfast Harbour is investing £90 million to upgrade cruise ship facilities and accommodate the wind energy sector, aiming to increase cruise ship stays and attract more business, potentially tripling tourism revenue in the coming decades, with completion expected by late 2027 or early 2028.

Progress

44% Bias Score

Decent Work and Economic Growth
cnbc.com
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Cramer's Trust Adjusts Portfolio: Sells Coterra, Honeywell; Buys Eli Lilly

Jim Cramer's Charitable Trust will sell 200 shares of Coterra Energy, 45 shares of Honeywell, and buy 10 shares of Eli Lilly on Tuesday, adjusting its portfolio weighting based on profit-taking, fundamental concerns, and long-term growth prospects.

Progress

36% Bias Score

Decent Work and Economic Growth
smh.com.au
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Strickland Metals Discovers Significant Depth Extension at Serbian Gold-Copper Deposit

Strickland Metals' diamond drilling at its Shanac gold-copper deposit in Serbia revealed a 30.1m intercept grading 1.6g/t gold equivalent from 438.9m and an 11.7m section grading 4.3g/t gold equivalent from 570.4m, extending mineralization to at least 625m and confirming a width of 180m, prompting a...

Progress

60% Bias Score

Decent Work and Economic Growth
faz.net
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Novomatic's Investment in Wiesbaden Casino

Novomatic AG acquired a third of the Wiesbaden Casino, affecting the upcoming concession renewal; the casino generates substantial revenue for the city and supports local initiatives.

Progress

36% Bias Score

Reduced Inequality
forbes.com
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Trump's Energy Emergency Declaration Risks Market Instability

President Trump declared a national energy emergency, aiming to increase oil and gas production despite the U.S. being the world's largest producer and current stable gas prices ($3.04/gallon). This risks harming smaller companies through supply gluts and price drops, while neglecting sustainable en...

Progress

52% Bias Score

Climate Action
forbes.com
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Gold-Silver Ratio Widens Dramatically: Market Dynamics and Future Outlook

The gold-to-silver ratio, historically around 15:1, has dramatically increased to approximately 90:1, driven by factors including silver's byproduct status in metal refining and differing market dynamics. The US prioritizing gold over silver during WWII further illustrates these disparities.

Progress

48% Bias Score

Reduced Inequality
kathimerini.gr
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Rapanos: Greece Needs Productive Investments, Consensus for Economic Stability

Former Alpha Bank president Vasilis Rapanos argues that Greece needs a program to attract productive investments, emphasizing consensus-building to address persistent economic challenges, including an unchanged productive structure and problematic state function.

Progress

40% Bias Score

Decent Work and Economic Growth