Tag #Economy

theguardian.com
🌐 75% Global Worthiness
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UK to Crack Down on Welfare Fraud with Driving Ban and Bank Access

The UK government will introduce a bill to combat welfare fraud, allowing the DWP to recover £1.5 billion over five years by suspending driving licenses for those with over £1,000 in unpaid debts and accessing bank statements for debt recovery; the bill also expands Public Sector Fraud Authority pow...

Progress

72% Bias Score

Reduced Inequality
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
forbes.com
🌐 75% Global Worthiness
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American Airlines Faces Pressure to Match United's Success

American Airlines is under pressure to present strong Q1 2025 results following United Airlines' record-breaking performance and projections; American's stock underperforms competitors, raising concerns about its revenue generation, margins and hub profitability.

Progress

52% Bias Score

Decent Work and Economic Growth
spanish.china.org.cn
🌐 75% Global Worthiness
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Li Qiang Seeks Diverse Input on China's Government Work Report

Chinese Premier Li Qiang held a symposium on January 21st in Beijing to gather feedback on the government's work report draft from non-Communist parties, the All-China Federation of Industry and Commerce, and independent individuals, focusing on strengthening macroeconomic regulation, innovation, an...

Progress

56% Bias Score

Decent Work and Economic Growth
cnbc.com
🌐 65% Global Worthiness
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U.K.'s Balanced Trade with U.S. Could Mitigate Trump's Tariff Impact

The U.K. had a £4.5 billion trade surplus with the U.S. in Q2 2024, contrasting with a £2.3 billion deficit in Q2 2023; this balanced trade history differentiates the U.K. from countries with persistent surpluses, potentially mitigating the impact of potential future trade tariffs imposed by Preside...

Progress

40% Bias Score

Decent Work and Economic Growth
faz.net
🌐 65% Global Worthiness
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Rhein-Main TV Shuts Down After Failed Investment

Turkish businessman Ilkem Sahin's failure to invest in Rhein-Main TV, a German regional broadcaster he acquired in April 2023, led to its closure in February 2024 after two insolvencies, impacting 16 employees and 800,000 daily viewers.

Progress

48% Bias Score

Decent Work and Economic Growth
dailymail.co.uk
🌐 75% Global Worthiness
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Qantas Raises Long-Haul Flight Fares by Two Percent

Qantas announced a two percent fare increase on Economy and Premium Economy long-haul flights from Australia and New Zealand to the UK, Europe, the Middle East, and North Africa, effective March 21, 2024, following a 28 percent drop in its 2024 post-tax profit.

Progress

48% Bias Score

Reduced Inequality
forbes.com
🌐 75% Global Worthiness
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New Jersey Seeks to Simplify Sales Tax Compliance by Eliminating Transaction Thresholds

New Jersey is proposing to eliminate the 200-transaction threshold for sales tax economic nexus, instead requiring businesses to collect sales tax if their gross revenue exceeds \$100,000 annually in the state; this simplifies compliance and enhances revenue collection.

Progress

48% Bias Score

Reduced Inequality
theglobeandmail.com
🌐 75% Global Worthiness
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Canada's Broadcasting Rules Spark U.S. Trade Retaliation Fears

U.S. business groups warn Canada's updated broadcasting rules under the Online Streaming Act could trigger U.S. trade retaliation, potentially harming Canadian creative industries and violating the CUSMA trade deal. The CRTC is considering changes to Canadian content definitions, while facing opposi...

Progress

48% Bias Score

Decent Work and Economic Growth
zeit.de
🌐 75% Global Worthiness
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German Court Upholds Tübingen's Single-Use Packaging Tax

The German Federal Constitutional Court upheld Tübingen's tax on single-use food packaging and cutlery, rejecting a McDonald's franchisee's challenge; the decision validates the city's efforts to reduce waste and may influence other German municipalities considering similar taxes.

Progress

48% Bias Score

Responsible Consumption and Production
cnbc.com
🌐 65% Global Worthiness
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Wall Street Analysts Issue Multiple Rating Changes Wednesday

Wall Street analysts issued several rating changes Wednesday, including Bank of America raising its Netflix price target to $1,175, Wells Fargo upgrading Charles Schwab and 3M, Barclays upgrading Netflix to "equal weight", and downgrades for Ford and Reddit.

Progress

0% Bias Score

Decent Work and Economic Growth
liberation.fr
🌐 65% Global Worthiness
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French Government Announces €475,000 Cabaret Support Plan

The French government unveiled a €475,000 "cabaret plan" on January 21st, including financial aid, tax credit support, and heritage recognition for the French cabaret industry, aiming to bolster its creation, visibility, and cultural standing.

Progress

28% Bias Score

Industry, Innovation, and Infrastructure