Tag #Economy

lemonde.fr
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EU Approves France's Revised Budget, Projecting 5.4% Deficit in 2025

On January 20th, the European Commission approved France's revised budget, projecting a 5.4% deficit in 2025 but maintaining the goal of a deficit below 3% by 2029; this follows a government change and aims to address France's high debt.

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48% Bias Score

Reduced Inequality
bbc.com
🌐 85% Global Worthiness
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Ghana Mine Clash: Seven Dead, Protests Erupt

Seven to nine people died in a clash between soldiers and about 60 illegal miners armed with pump-action guns at an AngloGold Ashanti mine in Ghana's Ashanti region; protests followed, with vehicles and equipment burned; the government ordered investigations and the company covered medical and buria...

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44% Bias Score

No Poverty
spanish.china.org.cn
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China's Strong Showing at Davos Underscores Global Economic Engagement

At the 2025 World Economic Forum in Davos, China demonstrated its commitment to global markets through increased corporate participation (e.g., LONGi, Yidu Tech) and high-level government representation (Vice Premier Ding Xuexiang), focusing on multilateralism and mutually beneficial globalization; ...

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40% Bias Score

Industry, Innovation, and Infrastructure
smh.com.au
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Star Entertainment Faces Material Uncertainty Amidst \$8 Million Loss

Star Entertainment reported a 15% revenue drop and an \$8 million EBITDA loss in the December quarter, leaving it with only \$78 million in cash and facing "material uncertainty" over its continued operation due to financial challenges and regulatory issues.

Progress

40% Bias Score

Decent Work and Economic Growth
china.org.cn
🌐 75% Global Worthiness
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Xizang Targets 7 Percent GDP Growth in 2025 with 27.8 Billion USD Infrastructure Investment

Xizang Autonomous Region plans over 200 billion yuan (about 27.8 billion USD) investment in infrastructure projects, including the Sichuan-Xizang Railway, in 2025, aiming for over 7 percent GDP growth while prioritizing ecological conservation and post-earthquake reconstruction following a 6.8-magni...

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36% Bias Score

Sustainable Cities and Communities
theguardian.com
🌐 75% Global Worthiness
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UK Housing Market Sees Record Seller Increase and Price Jump

Since Boxing Day, a record number of new sellers entered the UK housing market, resulting in a 1.7% average price increase to £366,189 and an 11% rise in sales agreed compared to the previous year, driven by falling interest rates, despite affordability concerns.

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36% Bias Score

Reduced Inequality
apnews.com
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Bitcoin Surges Past \$109,000 on Trump's Crypto-Friendly Policies

Bitcoin's price exceeded \$109,000 on Monday, driven by anticipation of pro-crypto policies under President-elect Trump, who plans to create a U.S. crypto reserve and implement industry-friendly regulations.

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56% Bias Score

Reduced Inequality
theglobeandmail.com
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Nubank Parent Considers UK Legal Domicile for Global Expansion

Nu Holdings, parent company of Latin American digital bank Nubank, is considering moving its legal headquarters to the UK to facilitate global expansion, including a potential entry into the US market, driven by a more favorable regulatory environment and strategic access to talent.

Progress

40% Bias Score

Decent Work and Economic Growth
spanish.china.org.cn
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China's Economic Resilience in 2024: Growth Rebounds Amidst Global Uncertainty

Despite initial economic slowdown in the second and third quarters of 2024, China's economy rebounded strongly in the final months, with key indicators reaching record highs thanks to timely government policy interventions and ongoing structural reforms.

Progress

40% Bias Score

Decent Work and Economic Growth
forbes.com
🌐 75% Global Worthiness
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Strategic Storytelling: A Key to Cutting Through Information Overload

In a world of short attention spans (47 seconds average per screen, per an American Psychological Association study), effective storytelling is crucial for businesses to connect with employees, investors, and customers amidst constant information overload; high-performing organizations are three tim...

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44% Bias Score

Reduced Inequality
theguardian.com
🌐 75% Global Worthiness
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University Degrees Remain a Valuable Investment Despite Rising Student Debt

A former UK minister argues that despite high student loan debt, a university degree remains a sound investment, boosting lifetime earnings by an average of £280,000 for men and £190,000 for women, countering recent government criticism.

Progress

56% Bias Score

Quality Education
theguardian.com
🌐 75% Global Worthiness
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London Workers' Eight-Month Wage Equals Burnley's Annual Income

A Centre for Cities report reveals a stark regional pay divide in the UK, with London workers earning 68% more than those in Burnley; the average London wage (£49,455) could be earned in eight months by a London worker, highlighting the need for policy changes to address this significant regional ec...

Progress

52% Bias Score

Reduced Inequality