Tag #Economy

dailymail.co.uk
🌐 85% Global Worthiness
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Essen to Mandate Community Service for Welfare Recipients and Asylum Seekers

The German city of Essen is implementing a new policy requiring welfare recipients and asylum seekers to perform three hours of daily community service or face benefit cuts, in an attempt to boost the city's struggling economy.

Progress

48% Bias Score

Decent Work and Economic Growth
dailymail.co.uk
🌐 85% Global Worthiness
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Chinese Retail Giants Accused of Widespread Product Copying

Independent designers are accusing Chinese retail giants Shein, Temu, and AliExpress of copying their products and selling them at significantly lower prices, resulting in financial losses and feelings of powerlessness despite successful takedown requests.

Progress

48% Bias Score

Decent Work and Economic Growth
edition.cnn.com
🌐 85% Global Worthiness
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Five Trillionaires Projected Within a Decade, Sparking Inequality Concerns

Oxfam's report projects five individuals becoming trillionaires within the next decade due to factors such as soaring stock markets and inherited wealth, highlighting the growing wealth disparity alongside persistent global poverty and the increasing political influence of billionaires.

Progress

68% Bias Score

Reduced Inequality
nos.nl
🌐 85% Global Worthiness
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Trump's Return: Expected Policy Shockwave

Upon his return to the White House, President Trump intends to sign numerous executive orders addressing the economy, illegal immigration, and international relations, potentially causing significant domestic and international upheaval.

Progress

56% Bias Score

Reduced Inequality
bbc.com
🌐 85% Global Worthiness
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China's 2024 GDP Figures Released Amidst Economic Headwinds

China is set to release its 2024 GDP figures amidst a struggling economy grappling with a real estate crisis, high local government debt, youth unemployment, and the threat of US tariffs on Chinese goods, impacting consumer spending and foreign investment.

Progress

44% Bias Score

Decent Work and Economic Growth
nbcnews.com
🌐 85% Global Worthiness
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Trump Inherits Strong Economy but Faces Inflation Challenge

Despite an overall economic improvement, December's 2.9% inflation rate remains above the Federal Reserve's target, posing a challenge for President-elect Trump, who has promised to lower energy and food costs, but whose immigration and trade policies may have unpredictable economic consequences.

Progress

52% Bias Score

No Poverty
dailymail.co.uk
🌐 85% Global Worthiness
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Equal Pay Claims Threaten Dozens of UK Councils with Bankruptcy

The GMB union predicts that up to six more UK councils will face multimillion-pound equal pay settlements this year, following Birmingham City Council's bankruptcy declaration due to a £760 million equal pay claim, highlighting a systemic issue of sex discrimination in local authorities.

Progress

56% Bias Score

Gender Equality
elpais.com
🌐 85% Global Worthiness
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Escribano Brothers Take Helm of Indra, Shifting Focus to Defense

From a small repair shop founded in 1989, the Escribano brothers have risen to lead Indra, a major Spanish defense company, after acquiring a significant stake and implementing a strategic shift towards defense contracting, following a period of internal restructuring at Indra.

Progress

40% Bias Score

Decent Work and Economic Growth
bbc.com
🌐 85% Global Worthiness
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Karachi Salt Miners Face Exploitation, Health Risks

Karachi's Hawks Bay salt miners earn 600 rupees daily for collecting 100 sacks (60-75kg each) of salt, facing severe health risks from sun exposure, salt burns, and lack of safety equipment, while systemic issues and the absence of labor protections leave them vulnerable.

Progress

36% Bias Score

No Poverty
nrc.nl
🌐 85% Global Worthiness
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Northvolt's Collapse: A Setback for Europe's Green Tech Ambitions

The near-bankruptcy of Swedish battery maker Northvolt, despite substantial funding and government support, reveals the challenges Europe faces in competing with China's established dominance in battery technology, particularly given its rapid growth strategy and quality control issues resulting in ...

Progress

56% Bias Score

Industry, Innovation, and Infrastructure
foxnews.com
🌐 85% Global Worthiness
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Trump's Inauguration: 200+ Executive Actions Planned for Economic and Security Overhaul

President Trump's second inauguration promises over 200 executive actions targeting economic recovery and national security, contrasting sharply with the Biden administration's policies deemed detrimental to American interests.

Progress

76% Bias Score

No Poverty
cbsnews.com
🌐 85% Global Worthiness
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Billionaire Wealth Soars as Global Poverty Remains Stagnant

Oxfam's report reveals that billionaire wealth grew by $2 trillion in 2024, three times faster than in 2023, while global poverty remains largely unchanged since 1990, highlighting extreme wealth inequality.

Progress

40% Bias Score

Reduced Inequality