Tag #Economy

forbes.com
🌐 85% Global Worthiness
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U.S. Sanctions Push India to Diversify Away from Russian Oil

Following new U.S. sanctions targeting Russian oil shipments, India, which sources 40% of its oil from Russia, is actively seeking alternative suppliers from countries like the UAE, Saudi Arabia, Kuwait, and Oman, after utilizing 'shadow' tankers to circumvent prior sanctions.

Progress

32% Bias Score

Affordable and Clean Energy
forbes.com
🌐 85% Global Worthiness
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VIP Awards Foster Collaboration in Crowded Retail Tech Market

The VIP Awards, founded by Vicki Cantrell, celebrate excellence in retail technology, fostering relationships between vendors and retailers to navigate the complexities of a market with over 14,000 technology solutions, ultimately improving operational efficiency and customer experience.

Progress

48% Bias Score

Decent Work and Economic Growth
edition.cnn.com
🌐 85% Global Worthiness
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New Hampshire Fisherman's Support for Trump Highlights Blue-Collar Vote

New Hampshire fisherman Andrew Konchek's unwavering support for Donald Trump in the 2024 election stems from Trump's promises to protect the fishing industry from offshore wind farms and his stance on stricter immigration policies, highlighting the president-elect's appeal to blue-collar voters.

Progress

44% Bias Score

Decent Work and Economic Growth
forbes.com
🌐 85% Global Worthiness
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Strong Bank Earnings Boost S&P 500 by 2.9%

Last week, the S&P 500 rose 2.9% due to strong bank earnings (up 8.2%), exceeding expectations with 79% of S&P 500 companies reporting better-than-expected Q4 results; 40 more S&P 500 companies report this week, including additional banks, 3M, Netflix, and Johnson & Johnson.

Progress

32% Bias Score

Decent Work and Economic Growth
smh.com.au
🌐 85% Global Worthiness
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Labor's $2 Billion Plan to Boost Aluminum Industry's Renewable Energy Transition

Australia's Labor party announced a $2 billion plan to help four aluminum smelters transition to renewable energy by 2050, offering tax credits per tonne of aluminum produced using renewable energy, contrasting with the Coalition's nuclear power plan; the plan targets key electoral seats and aims to...

Progress

56% Bias Score

Affordable and Clean Energy
forbes.com
🌐 85% Global Worthiness
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U.S. Rental Market Growth Exposes Wealth Gap, Creating Business Opportunities

The U.S. rental market, with 45 million households and a projected increase to 54 million by 2040, reveals a significant wealth gap between renters (average net worth: $10,400) and homeowners ($400,000), creating opportunities for businesses to offer targeted financial solutions.

Progress

52% Bias Score

Reduced Inequality
faz.net
🌐 85% Global Worthiness
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Davos WEF: Criticisms and Enduring Value in a Polarized World

The World Economic Forum (WEF) in Davos, Switzerland, faces criticism for its lack of transparency and American dominance, yet it remains a key platform for global dialogue and an early indicator of emerging trends, including the rise of environmental activism and counter-movements.

Progress

44% Bias Score

Reduced Inequality
lefigaro.fr
🌐 85% Global Worthiness
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ECB Warns of Likely US Trade War, Predicting Negative Eurozone Impact

A senior ECB official warns of a highly probable trade war with the US under President Trump, citing planned tariffs on Mexico, Canada, and potentially China, leading to higher import prices and reduced economic activity in the Eurozone.

Progress

40% Bias Score

Decent Work and Economic Growth
lefigaro.fr
🌐 85% Global Worthiness
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Trump-Branded Cryptocurrency Reaches \$6 Billion Market Cap

Donald Trump launched his own cryptocurrency, "Trump," a meme coin with no economic utility, which reached a \$6 billion market cap within hours of its release; 200 million tokens were initially released, with 800 million more planned over three years.

Progress

40% Bias Score

Reduced Inequality
cnbc.com
🌐 85% Global Worthiness
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LA Wildfires Fuel Demand for Wildfire Insurance Startup

In the aftermath of the devastating Los Angeles wildfires, which destroyed 12,300 structures and killed over two dozen people, demand for wildfire insurance startup Stand's product skyrocketed 5-10 times overnight, exposing a critical gap in the market as major insurers have left the state, leaving ...

Progress

60% Bias Score

Sustainable Cities and Communities
theguardian.com
🌐 85% Global Worthiness
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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
faz.net
🌐 85% Global Worthiness
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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