Tag #Economy

smh.com.au
🌐 75% Global Worthiness
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Australia's "Tall Profits Syndrome" Stifles Economic Growth

Australia's "tall profits syndrome," where high corporate profits attract criticism, is hindering economic growth and job creation, contrasting with more positive attitudes in other countries, as evidenced by lower Australian corporate profits and productivity compared to the US.

Progress

52% Bias Score

Decent Work and Economic Growth
forbes.com
🌐 75% Global Worthiness
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StoryBrand Framework Revolutionizes Financial Planning Marketing

Donald Miller's StoryBrand framework, detailed in his new book Building a StoryBrand 2.0, challenges businesses to shift their marketing focus from self-promotion to client-centric storytelling, emphasizing collaboration and client-driven action, with the StoryBrand.Ai tool assisting in implementing...

Progress

44% Bias Score

Reduced Inequality
theglobeandmail.com
🌐 75% Global Worthiness
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TD Bank CEO Steps Down Amidst Board Overhaul and Regulatory Penalties

TD Bank CEO Bharat Masrani is stepping down February 1st, ahead of schedule, and Chairman Alan MacGibbon will leave later this year, following a board overhaul and executive pay cuts due to US regulatory penalties for anti-money laundering failures; Raymond Chun is the incoming CEO.

Progress

44% Bias Score

Decent Work and Economic Growth
taz.de
🌐 75% Global Worthiness
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Germany Tests Job Guarantee Program

Germany is experimenting with a job guarantee program offering community-based work to the unemployed, such as tutoring and urban gardening projects, paying minimum wage supplemented by benefits, aiming to reduce unemployment and improve community engagement.

Progress

52% Bias Score

Decent Work and Economic Growth
jpost.com
🌐 75% Global Worthiness
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Northern Israel Tourism Plummets 70% After October 7th Attacks

The October 7th Hamas attack and the subsequent 15-month conflict with Hezbollah caused a nearly 70% drop in international tourism to Israel in 2024, severely impacting businesses in northern Israel like Siwar Boutique Suites in Acre and Gibor Brewery in Karmiel, but these businesses remain cautious...

Progress

40% Bias Score

Decent Work and Economic Growth
smh.com.au
🌐 75% Global Worthiness
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Under-consumption Trend Gains Momentum in Australia

Driven by environmental concerns and a desire for greater self-control, Sydney digital marketer Laura Boyd reduced her clothing purchases from 37 items in 2023 to six in 2024, reflecting a growing trend of under-consumption amongst Australians who are the world leaders in clothing consumption, and s...

Progress

48% Bias Score

Responsible Consumption and Production
cnbc.com
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Top 10 U.S. Stock Analysts Outperform Market in 2024

TipRanks' analysis of top-performing U.S. stock market analysts from October 2023 to September 2024 revealed Gerard Cassidy of RBC Capital as the top performer, achieving an 88% success rate and 11.5% average return, while others yielded returns as high as 305.1% on individual stocks, despite macroe...

Progress

48% Bias Score

Decent Work and Economic Growth
lefigaro.fr
🌐 75% Global Worthiness
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France Considers Seven Hours of Unpaid Annual Work to Fund Social Security

The French government is considering a proposal to require seven additional hours of unpaid annual work from employees to help fund the social security system, aiming for €2 billion in additional revenue by March 1st, 2025, despite previous rejection.

Progress

52% Bias Score

Decent Work and Economic Growth
taz.de
🌐 75% Global Worthiness
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Berlin Protest Highlights Concerns Over German Agricultural Policy

On Saturday, the "Wir haben es satt" protest against industrialized agriculture took place in Berlin without tractors due to a foot-and-mouth disease outbreak. Around 9,000 people (organizers) / 3,500 (police) participated, demanding ecological agriculture and fair food policies, emphasizing the upc...

Progress

36% Bias Score

Zero Hunger
theguardian.com
🌐 75% Global Worthiness
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UK Economists Urge Focus on Social Capital for Economic Growth

Former Bank of England chief economist Andy Haldane and behavioral economist David Halpern urge the UK Treasury to prioritize social capital in its economic strategy, arguing that fostering trust and community collaboration is crucial for economic growth, supported by evidence linking social cohesio...

Progress

16% Bias Score

Reduced Inequality
welt.de
🌐 75% Global Worthiness
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US Replaces China as Germany's Top Trading Partner in 2024

In 2024, the United States became Germany's top trading partner, exceeding trade with China by €8 billion (€255 billion vs. €247 billion), due to China's economic slowdown and robust US investment programs; German exports to China fell by 6.4 percent, while imports decreased by 0.6 percent.

Progress

40% Bias Score

Decent Work and Economic Growth
abcnews.go.com
🌐 75% Global Worthiness
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Lake Naivasha's Water Hyacinth Crisis: Economic Devastation and the Search for Solutions

Invasive water hyacinth has devastated Lake Naivasha's fishing industry, reducing daily earnings from $210 to $35 and causing annual economic losses between $150 million and $350 million in Kenya due to its impact on fishing, transport, and tourism.

Progress

36% Bias Score

Life Below Water