Tag #Economy

sueddeutsche.de
🌐 75% Global Worthiness
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German Heating Costs Drop Significantly in 2024

Due to warmer weather and lower fuel prices, German households with gas or oil heating saw average costs decrease in 2024; gas heating costs fell by 12% to €1762, while oil heating costs dropped by 8% to €1629 for a typical single-family home.

Progress

36% Bias Score

Affordable and Clean Energy
theglobeandmail.com
🌐 75% Global Worthiness
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Donville Doubles Portfolio Returns, Eyes Strong 2025

Jason Donville of Donville Kent Asset Management doubled his portfolio returns in 2024 to 103 percent, anticipating continued market strength in 2025 due to robust corporate earnings and AI advancements, while acknowledging risks from trade disputes.

Progress

48% Bias Score

Decent Work and Economic Growth
it.euronews.com
🌐 75% Global Worthiness
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EU Plans €1 Billion Reserve to Protect Farmers from Mercosur Trade Deal

The European Union plans a €1 billion reserve to help farmers if the Mercosur trade deal negatively impacts their markets, following concerns over market disruptions, particularly in beef and poultry, and uncertainty over the fund's availability.

Progress

40% Bias Score

No Poverty
europe.chinadaily.com.cn
🌐 75% Global Worthiness
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China Reports Significant Environmental Improvements in 2024

In 2024, China reduced its PM2.5 levels by 2.7 percent, improved air quality to 87.2 percent "fairly good" days, and raised surface water quality to 90.4 percent "fairly good", exceeding 90 percent for the first time, largely due to initiatives like coal heating replacement and industrial upgrades.

Progress

44% Bias Score

Clean Water and Sanitation
smh.com.au
🌐 75% Global Worthiness
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Whitebark Acquisition Fuels Alinya 3H Project Exploration

Whitebark Energy's acquisition of King Energy, finalized in early March for $1.67 million, significantly boosts exploration at King's Alinya 3H project in South Australia's Officer Basin, covering nearly 20,000 square kilometers with over 20 identified prospects.

Progress

52% Bias Score

Affordable and Clean Energy
sueddeutsche.de
🌐 65% Global Worthiness
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Restructuring Boosts Bavarian Retail Sales Despite Employment Drop

Bavarian retail sales grew by 5% in 2024 despite a 1.1% decrease in employment, largely due to a major online retailer's restructuring; however, traditional stores saw minimal growth, and the grocery sector experienced significant job losses.

Progress

32% Bias Score

Decent Work and Economic Growth
sueddeutsche.de
🌐 75% Global Worthiness
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German Construction Industry Forecasts Continued Turnover Decline in 2025

Germany's construction industry forecasts a continued decline in turnover for 2025 despite a recent order increase in November 2024, citing insufficient orders and calling for governmental policy changes to boost the sector.

Progress

56% Bias Score

Decent Work and Economic Growth
es.euronews.com
🌐 75% Global Worthiness
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IAG Leads Bid for \$1 Billion TAP Stake

IAG is the frontrunner to buy a \$1 billion stake in Portugal's TAP airline, outbidding Lufthansa and Air France-KLM; however, the deal faces regulatory hurdles and concerns about diluting TAP's Portuguese identity.

Progress

40% Bias Score

Decent Work and Economic Growth
cnbc.com
🌐 75% Global Worthiness
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Entrepreneur Teaches Kids Investing Lessons After $60 Million Sale

Entrepreneur Eric Malka's $60 million sale of The Art of Shaving prompted a shift to investing, where he now educates his children, emphasizing learning from mistakes, a contrast to other parents' more conservative approaches. This highlights different approaches to financial education for children ...

Progress

44% Bias Score

Quality Education
europe.chinadaily.com.cn
🌐 75% Global Worthiness
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HSBC to Close Zing App, Resulting in 400 Job Losses

HSBC, Europe's largest bank, is closing its mobile cross-border payments app, Zing, resulting in approximately 400 job losses due to a strategic review prioritizing cost-cutting and focusing on core business areas where it has a competitive advantage. The app failed to compete effectively against fi...

Progress

36% Bias Score

Decent Work and Economic Growth
zeit.de
🌐 65% Global Worthiness
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Hesse to Fine Owners of Vacant Properties Up to €500,000

Hesse will introduce a new law to combat speculative vacancy of real estate by allowing municipalities to impose fines of up to €500,000. The law addresses a vacancy rate of 3.9% (over 122,000 dwellings), aiming to limit vacancy periods to six months unless justified by factors such as renovations.

Progress

40% Bias Score

Sustainable Cities and Communities
welt.de
🌐 65% Global Worthiness
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Restructuring Boosts Bavarian Retail Sales Despite Employment Drop

Bavarian retail sales increased by 5 percent in 2024 due to a significant online sales increase from a single company's restructuring, despite a 1.1 percent employment drop—the largest in years, affecting the food sector most significantly, and a poor Christmas season.

Progress

32% Bias Score

Decent Work and Economic Growth