Tag #Economy

lefigaro.fr
🌐 75% Global Worthiness
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French Senate Votes to Eliminate Organic Farming Agency

The French Senate voted to dissolve the Agence Bio, a national agency promoting organic agriculture, saving €2.9 million and transferring its responsibilities to other organizations, despite concerns from industry stakeholders about potential negative impacts on the organic sector.

Progress

48% Bias Score

Responsible Consumption and Production
cbsnews.com
🌐 75% Global Worthiness
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Home Equity Loans: A Strategic Move to Tackle High-Interest Credit Card Debt in 2025

In 2025, using home equity loans or HELOCs to pay off high-interest credit card debt offers significant financial advantages due to lower (around 8% versus 23%) and fixed interest rates, but carries the risk of home loss if payments are missed.

Progress

52% Bias Score

Reduced Inequality
elmundo.es
🌐 75% Global Worthiness
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Power Struggle Erupts in Spain's Business Leadership

Antonio Garamendi, CEOE president, wants Gerardo Cuerva out as Cepyme president, offering him a less prominent position within CEOE; Cuerva will run for reelection, creating a conflict that will reshape power dynamics in Spain's business sector.

Progress

40% Bias Score

Decent Work and Economic Growth
elpais.com
🌐 75% Global Worthiness
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Sabadell Returns to Catalonia Amidst Political Deal

Banco Sabadell announced its return to Catalonia from Alicante, reversing a 2017 move prompted by the region's independence push, as part of a political deal to restore normalcy in the region, with uncertain future implications for Alicante.

Progress

40% Bias Score

Decent Work and Economic Growth
bbc.com
🌐 75% Global Worthiness
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Netflix Raises Prices After Record Subscriber Growth

Netflix raised prices in several countries after exceeding subscriber growth expectations by nearly 19 million in Q4 2024, reaching over 300 million subscribers, driven by content such as "Squid Game" season 2 and live sports; the company will now report paid memberships at key milestones.

Progress

44% Bias Score

Reduced Inequality
french.china.org.cn
🌐 75% Global Worthiness
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European Firms Reiterate Commitment to Chinese Market

On January 21, China's Ministry of Commerce hosted a roundtable for over 70 European companies operating in China, including major firms like BNP Paribas and Ikea, where attendees voiced support for continued cooperation and long-term investment in the Chinese market.

Progress

44% Bias Score

Decent Work and Economic Growth
elmundo.es
🌐 75% Global Worthiness
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Record Grocery Spending in Spain Reaches "122 Billion Euros" in 2024

Spanish consumers spent a record "122 billion euros" on groceries in 2024, a 4.6% increase driven by higher input prices (up 2.5%), increased demand (up 2%), and a booming online grocery sector (up 18%).

Progress

36% Bias Score

Zero Hunger
welt.de
🌐 75% Global Worthiness
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\"German Kindergartens See Surge in Longer Childcare Hours Amidst Staffing Shortages\"\

The number of children in German kindergartens with over 35 weekly childcare hours increased by 30 percent between 2014 and 2024, reaching 3.94 million, while the number of educators rose by 46 percent to 724,000; however, staff shortages persist due to widespread part-time work.

Progress

36% Bias Score

theguardian.com
🌐 75% Global Worthiness
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California's $20 Minimum Wage: Mixed Results for Fast Food

California's landmark $20 minimum wage for fast-food workers, implemented in April 2023, has yielded mixed results, with employees reporting significant financial improvements while some large chains claim negative impacts on profits and employment.

Progress

40% Bias Score

Decent Work and Economic Growth
t24.com.tr
🌐 75% Global Worthiness
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Turkey Acts to Prevent Ramadan Price Hikes

Turkey's government is tackling potential Ramadan price hikes by directly addressing industry representatives, promising stricter enforcement, and emphasizing the unacceptability of using cost increases as justification for price hikes. Meetings included the Treasury and Finance Minister, the Trade ...

Progress

40% Bias Score

Zero Hunger
europe.chinadaily.com.cn
🌐 75% Global Worthiness
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China's Steel Demand to Remain Highest Globally in 2025 Despite Dip

Despite a projected slight dip in overall steel demand, China is expected to remain the world's top steel producer and consumer in 2025, driven by rising demand for high-quality special steel from sectors such as new energy vehicles, household appliances, and shipbuilding, according to the China Iro...

Progress

28% Bias Score

Industry, Innovation, and Infrastructure
cbsnews.com
🌐 75% Global Worthiness
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Federal Reserve Rate Cuts Dip CD Interest Rates

The Federal Reserve's three 2024 rate cuts lowered CD interest rates from approximately 5% to the 4-4.5% range, impacting short-term CDs most significantly, as banks adjusted deposit account rates and savers shifted to long-term options or high-yield accounts.

Progress

36% Bias Score

Reduced Inequality