Tag #Economy

kathimerini.gr
🌐 85% Global Worthiness
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China's Economic Growth Slows to 5%, Facing Multiple Headwinds

China's economy grew by 5% in 2024, its slowest rate in decades, due to reduced exports from US, Canadian, and EU tariffs; decreased consumer spending from a property crisis and high unemployment; and reduced foreign investment from economic uncertainty and geopolitical tensions; over 900 protests o...

Progress

48% Bias Score

Decent Work and Economic Growth
forbes.com
🌐 75% Global Worthiness
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Goldman Sachs Awards $160 Million in Retention Bonuses to Top Executives

Goldman Sachs awarded CEO David Solomon and President John Waldron $80 million retention bonuses each, payable by 2030, following a year of strong financial performance and reflecting intense competition for talent from alternative asset managers.

Progress

48% Bias Score

Reduced Inequality
fr.euronews.com
🌐 75% Global Worthiness
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EU to Slash International Offices

The European Commission is reviewing plans to reduce its international partnerships directorate's (DG INTPA) foreign offices from approximately 100 to 18, focusing on strategic areas; discussions are ongoing, with no final decision yet made on the resulting staff changes and budget implications.

Progress

24% Bias Score

Partnerships for the Goals
kathimerini.gr
🌐 75% Global Worthiness
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Greek IRIS Payments Transactions Surge 137% in 2024

IRIS Payments transactions in Greece soared 137% in 2024, reaching 57.3 million transactions valued at €6.1 billion, driven by strong growth across P2P, P2B, and eCommerce services and indicating a significant shift towards digital payments.

Progress

52% Bias Score

Reduced Inequality
theglobeandmail.com
🌐 75% Global Worthiness
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Surge in Non-Alcoholic Beverage Sales Reflects Evolving Canadian Drinking Habits

The sales of non-alcoholic beverages in Canada have surged 73 percent in the past year, driven by growing health concerns about alcohol, changing social norms, and improved product technology, resulting in a decline in alcohol consumption and sales.

Progress

44% Bias Score

Good Health and Well-being
taz.de
🌐 75% Global Worthiness
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Berlin's Haus der Statistik Project: A Success Story in Collaboration, and a Contrast to the Dragonerareal Challenges

Berlin's Haus der Statistik project, initially slated for demolition, will open this spring, housing a tax office and a center for refugees, social services, and culture following a successful collaboration between an initiative, the district, the senate, and a housing association; in contrast, the ...

Progress

60% Bias Score

Sustainable Cities and Communities
elmundo.es
🌐 85% Global Worthiness
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Almaraz Nuclear Plant Closure Threatens Extremadura's Economy

On a cold morning, nearly 10,000 people protested the planned 2027-2028 closure of Spain's Almaraz nuclear plant, fearing its negative impact on the Campo Arañuelo region's economy and population, which has seen a significant population increase thanks to the plant.

Progress

64% Bias Score

Decent Work and Economic Growth
foxnews.com
🌐 75% Global Worthiness
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Treasury Department Recoups $31 Million in Improper Payments to Deceased Individuals

The Treasury Department recouped over $31 million in five months from improper payments to deceased individuals after gaining access to the Social Security Administration's death database, addressing a long-standing problem of billions of dollars lost due to inter-agency communication failures.

Progress

40% Bias Score

Reduced Inequality
dailymail.co.uk
🌐 75% Global Worthiness
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Potential £130 Billion Merger of Rio Tinto and Glencore

A potential £130 billion merger between FTSE 100 mining giants Rio Tinto and Glencore is being considered, fueled by high demand for natural resources and anticipated changes in regulatory environments in the US and UK, following a year of significant M&A activity in the mining sector.

Progress

48% Bias Score

Responsible Consumption and Production
elmundo.es
🌐 75% Global Worthiness
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Ryanair-Aena Dispute: Accusations of Deceptive Fees and Regional Airport Cuts

Ryanair accuses Aena, the Spanish airport operator, of deceptive airport fee policies, leading to the cancellation of 800,000 seats in seven regional airports and prompting a sharp rebuke from Aena, which defends its low fees and accuses Ryanair of seeking an unfair wealth transfer.

Progress

56% Bias Score

Decent Work and Economic Growth
welt.de
🌐 75% Global Worthiness
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Germany's Inflation Rises to 2.6 Percent in December 2024

Germany's December 2024 inflation hit 2.6 percent year-on-year, the second-highest in 2024 after January's 2.9 percent, due to rising service and food prices; 2024's average inflation was 1 percent, with food price increases offset by energy price decreases.

Progress

40% Bias Score

No Poverty
dailymail.co.uk
🌐 75% Global Worthiness
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US Hedge Fund Targets British Conglomerate Smiths Group for Break-Up

Engine Capital, a US hedge fund, is pushing for the break-up or sale of FTSE 100-listed Smiths Group, a £6 billion British engineering firm, citing undervaluation due to its conglomerate structure; Smiths Group's shares rose 5.5 percent following the announcement.

Progress

48% Bias Score

Decent Work and Economic Growth