Tag #Economy

lexpress.fr
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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...

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40% Bias Score

Reduced Inequality
theguardian.com
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UK Plans Airport Expansion Despite Net-Zero Concerns

UK Chancellor Rachel Reeves plans to approve Heathrow's third runway, expand Gatwick, and increase Luton's capacity to boost economic growth, despite strong opposition from within Labour and environmental groups due to conflicts with the UK's net-zero targets and potential negative environmental imp...

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56% Bias Score

Climate Action
elpais.com
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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.

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36% Bias Score

Quality Education
kathimerini.gr
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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.

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36% Bias Score

Reduced Inequality
nrc.nl
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Dutch Agriculture: 50% Ammonia Emission Reduction Possible Through Innovation

A Wageningen University study commissioned by Dutch provinces reveals that agricultural ammonia emissions can be reduced by almost 50 percent within five years using available and upcoming technologies, mainly in dairy farming, potentially enabling all provinces to meet nitrogen targets, though live...

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44% Bias Score

Climate Action
dw.com
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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...

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44% Bias Score

Responsible Consumption and Production
dailymail.co.uk
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Rising Borrowing Costs Boost UK Annuity Rates

Higher UK government borrowing costs are boosting annuity rates, offering retirees guaranteed income options like nearly £7,500 annually for a £100,000 investment at age 65, prompting a reconsideration of drawdown strategies.

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56% Bias Score

Reduced Inequality
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
french.china.org.cn
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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.

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44% Bias Score

Sustainable Cities and Communities
spanish.china.org.cn
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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
nos.nl
🌐 75% Global Worthiness
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Dutch Agricultural Innovations Could Reduce Ammonia Emissions by 50%

Dutch research shows agricultural innovations can reduce ammonia emissions by almost 50% in five years, but complete success requires all farms adopting innovations and potentially a 20-30% livestock reduction, facing challenges in funding and acceptance.

Progress

48% Bias Score

Climate Action
pda.kp.ru
🌐 75% Global Worthiness
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Trump Presidency: Potential Economic Impacts on Russia

Experts predict a stronger dollar (120-130 rubles in 2-3 years), lower oil prices (Urals potentially dropping to \$65/barrel in 2025), and uncertainty regarding sanctions relief, leading to potential budget challenges for Russia and a possible shift in global trade dynamics.

Progress

44% Bias Score

Reduced Inequality