Tag #Economy

welt.de
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German Private Electric Vehicle Adoption Plummets in 2024

HUK Coburg insurance data reveals a sharp decline in private electric vehicle adoption in Germany during 2024, with only 4% of insured drivers switching to electric cars, compared to nearly 7% in 2022; this is linked to factors including the end of subsidies, high prices, limited models, and lack of...

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44% Bias Score

Climate Action
welt.de
🌐 75% Global Worthiness
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Record Aircraft Engine Overhauls at N3 Fuel €150 Million Expansion

N3 Engine Overhaul Services in Arnstadt, Germany, a joint venture between Lufthansa Technik and Rolls-Royce, overhauled a record 155 aircraft engines in 2023 and plans to increase capacity to 250-270 engines annually by the end of 2025, fueled by rising demand for intercontinental flights, with a €1...

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16% Bias Score

Decent Work and Economic Growth
dailymail.co.uk
🌐 75% Global Worthiness
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TfL's Green Belt Housing Plan Contradicts London Mayor's Stance

TfL proposed building 10,000-12,000 homes on 570 acres of Trent Park's Green Belt land, contradicting Mayor Khan's policy, prompting accusations of a 'crusade' against green spaces and raising concerns about transparency within the London Mayor's office; a public meeting is scheduled for Wednesday.

Progress

56% Bias Score

Sustainable Cities and Communities
sueddeutsche.de
🌐 75% Global Worthiness
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SZ Gute Werke Raises €5.5 Million for Munich Aid

The Süddeutsche Zeitung's "SZ Gute Werke" charity received €5.5 million in donations this year from 15,779 donors, enabling them to provide housing, daily life aid, and essential support to individuals and families in Munich, with donations ranging from €2 to €90,000.

Progress

52% Bias Score

No Poverty
theglobeandmail.com
🌐 75% Global Worthiness
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Oil Prices Fall on Trump's Trade Policy and Dollar Strength

On Tuesday, oil prices fell due to President Trump's delayed but potentially significant tariffs on Canada and Mexico, a stronger U.S. dollar, and the potential end of the Red Sea shipping disruption; Brent crude dropped 1.9% to $78.63, while West Texas Intermediate fell 2.8% to $75.74.

Progress

44% Bias Score

Affordable and Clean Energy
theglobeandmail.com
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Ontario Collective Bargaining Negotiations Hit Record Lengths in 2024

Ontario's 2024 collective bargaining negotiations averaged 13.3 months, a sharp increase from previous years, due to increased union demands, government budget constraints, and more contentious bargaining, as evidenced by the Canada Post strike and the Best Theratronics strike.

Progress

28% 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...

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44% Bias Score

Responsible Consumption and Production
dw.com
🌐 75% Global Worthiness
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Davos Protests Highlight Youth Demand for Global Inclusion

Hundreds of young people protested the World Economic Forum in Davos, Switzerland, criticizing its attendees as responsible for global crises and demanding greater youth inclusion in decision-making processes; counterpoints included the WEF's engagement with young leaders through its Global Shapers ...

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32% Bias Score

Reduced Inequality
cnbc.com
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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.

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36% Bias Score

Decent Work and Economic Growth
taz.de
🌐 75% Global Worthiness
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Major Corporations Urge EU to Maintain Stringent Sustainability Regulations

Major European companies including Nestlé, Unilever, and Primark, are urging the EU to resist calls for weakening its sustainability regulations, expressing concerns that already committed resources could be wasted by any revision.

Progress

40% Bias Score

Responsible Consumption and Production
taz.de
🌐 75% Global Worthiness
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Oxfam Report Links Billionaire Wealth to Democratic Erosion

Oxfam's new report reveals the obscene wealth concentration among billionaires, exemplified by Elon Musk's $56 billion bonus, and links this to political attacks on democracy, advocating for higher taxes on large fortunes but facing significant political obstacles.

Progress

56% Bias Score

Reduced Inequality
foxnews.com
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Bipartisan Bill to Relocate Federal Agencies Out of Washington, D.C.

Reps. Ashley Hinson (R-Iowa) and Jared Golden (D-Maine) introduced a bill to move certain federal agencies out of Washington, D.C., to states that better serve their needs, creating a competitive bidding process for other states to host them, with exceptions for national security agencies.

Progress

64% Bias Score

Reduced Inequality