Tag #Economy

lentreprise.lexpress.fr
🌐 85% Global Worthiness
News related image

China's Record Trade Surplus Threatens Global Competitors

China's export surge in 2024, exceeding expectations by 7%, leads to a record trade surplus, threatening global competitors and prompting concerns about further European deindustrialization, while China seeks new markets in developing nations.

Progress

52% Bias Score

Decent Work and Economic Growth
faz.net
🌐 85% Global Worthiness
News related image

EU Suspends Deficit Procedure Against France

The EU suspended its deficit procedure against France, accepting a revised budget plan projecting a 5.4% deficit this year, aiming for under 3% by 2029, to avoid destabilizing France's fragile political climate.

Progress

40% Bias Score

Reduced Inequality
theglobeandmail.com
🌐 85% Global Worthiness
News related image

Trump's Cryptocurrency Token Soars, Raising Conflicts of Interest Concerns

President-elect Donald Trump's new cryptocurrency token, launched just before his inauguration, rapidly increased in value from \$10 to approximately \$70, raising concerns about potential conflicts of interest and market manipulation, with 200 million coins currently available and plans for 1 billi...

Progress

40% Bias Score

Reduced Inequality
theguardian.com
🌐 85% Global Worthiness
News related image

UK Treasury to retain £11 million in water company fines

The UK Treasury plans to retain £11 million in fines from polluting water companies, delaying projects to clean polluted waterways, despite pre-election promises and public outcry.

Progress

48% Bias Score

Clean Water and Sanitation
themarker.com
🌐 85% Global Worthiness
News related image

IBC Secures NIS 250 Million for Network Expansion Amidst Shareholder Dispute

IBC Unlimited secured NIS 250 million in funding from Migdal and Discount Bank to expand its fiber optic network to 2.4 million households, a move contested by shareholder Cellcom who alleges that the decision is based on a flawed assumption and serves the personal interests of other shareholders.

Progress

60% Bias Score

Industry, Innovation, and Infrastructure
forbes.com
🌐 85% Global Worthiness
News related image

FTC Accuses PBMs of \$8.7 Billion in Price Gouging

The FTC released a report accusing the three largest Pharmacy Benefit Managers (PBMs)—OptumRx, Express Scripts, and CVS Caremark—of marking up specialty generic drug prices by over \$7.3 billion from 2017-2022, and an additional \$1.4 billion through spread pricing, ultimately increasing patient cos...

Progress

24% Bias Score

No Poverty
sueddeutsche.de
🌐 85% Global Worthiness
News related image

US Replaces China as Germany's Top Trading Partner Amidst Trade War Concerns

In 2024, US-German trade reached €255 billion, exceeding trade with China by €8 billion, making the US Germany's top trading partner for the first time since 2016; however, this also raises concerns about potential trade conflicts and their impact on the German economy.

Progress

44% Bias Score

Decent Work and Economic Growth
theguardian.com
🌐 85% Global Worthiness
News related image

LA Wildfires Devastate Low-Wage Immigrant Workers

Devastating wildfires in Los Angeles County have caused over 50% revenue loss for Ocean Housekeeping, a cleaning service employing recent immigrants, highlighting the economic vulnerability of low-wage essential workers who often lack social protections and English proficiency. The fires destroyed m...

Progress

24% Bias Score

Decent Work and Economic Growth
english.kyodonews.net
🌐 85% Global Worthiness
News related image

Luxury Train Tours Revitalize Japan's Regional Economies

Luxury train tours in Japan, such as Tokyu Corp.'s Royal Express and West Japan Railway Co.'s Twilight Express Mizukaze, are attracting tourists to less-visited areas, boosting struggling regional economies and preserving local traditions; despite ticket prices reaching \$5,200, tours sold out.

Progress

32% Bias Score

Sustainable Cities and Communities
bbc.com
🌐 85% Global Worthiness
News related image

Global Economic Uncertainty in 2025: Inflation, Interest Rates, and Trade Wars

The global economy faces uncertainty in 2025, with projected 3.2% growth threatened by persistent inflation, US interest rate policies, and Donald Trump's potential re-imposition of tariffs on China, Canada, and Mexico, impacting supply chains and potentially causing a recession.

Progress

44% Bias Score

Reduced Inequality
forbes.com
🌐 85% Global Worthiness
News related image

Meerlust Estate: From Parisian Fashion Shows to Global Wine Success

Hannes Myburgh, 8th-generation owner of Meerlust Estate in Stellenbosch, South Africa, transformed his family's winery after a 1970s experience at Château Lafite Rothschild, leading to international acclaim for their wines and a worker-empowerment program.

Progress

40% Bias Score

Decent Work and Economic Growth
smh.com.au
🌐 85% Global Worthiness
News related image

US Stocks Soar on Inflation Data, Big Tech Gains

US stock indexes closed their best week in two months on Friday, with the S&P 500 up 1 percent, the Dow Jones up 0.8 percent, and the Nasdaq up 1.5 percent; this rally was fueled by strong performances from Big Tech companies and positive inflation news, raising hopes for further interest rate cuts ...

Progress

44% Bias Score

Decent Work and Economic Growth