Tag #Economy

welt.de
🌐 65% Global Worthiness
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Görtz Faces Second Insolvency Due to Investor Dispute

Görtz, a Hamburg retailer, is in a second insolvency proceeding due to unpaid rent and an investor's €1.3 million payment default, jeopardizing employee salaries and the company's future, with ongoing legal battles and brand-rights complications.

Progress

40% Bias Score

Decent Work and Economic Growth
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.

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32% Bias Score

Decent Work and Economic Growth
dailymail.co.uk
🌐 90% Global Worthiness
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Trump Pressures Putin to Negotiate End to Ukraine War Amid Russia's Economic Strain

Newly-elected President Trump is pressuring Vladimir Putin to negotiate an end to the nearly three-year-long war in Ukraine, amid growing concerns in the Kremlin over Russia's worsening wartime economy, characterized by labor shortages and high interest rates.

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40% Bias Score

Peace, Justice, and Strong Institutions
themoscowtimes.com
🌐 90% Global Worthiness
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Putin's Ukraine War Concerns Shift to Economic Strain

President Vladimir Putin claims Russia has met key military objectives in Ukraine, weakening its military and securing territory linking Russia to Crimea; however, he is increasingly concerned about the war's economic impact on Russia, including stifled private investment due to high borrowing costs...

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36% Bias Score

Peace, Justice, and Strong Institutions
taz.de
🌐 90% Global Worthiness
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Canada Threatens Retaliatory Tariffs Amidst Trump's Protectionist Trade Policies

Two days after Donald Trump's inauguration, Canada threatened retaliatory tariffs against potential unfair U.S. tariffs on Canadian and Mexican imports, potentially escalating into a global trade conflict, as economists warn of negative impacts for all parties.

Progress

56% Bias Score

Decent Work and Economic Growth
es.euronews.com
🌐 90% Global Worthiness
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Trump's Tariff Threats Rattle Global Trade

President Trump verbally threatened tariffs on China (10%), Canada and Mexico (25%), and the EU ($350 billion deficit), initiating a trade review concluding April 1st, while also threatening Russia with sanctions to influence Ukraine peace talks; European markets largely ignored these threats.

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52% Bias Score

Reduced Inequality
faz.net
🌐 65% Global Worthiness
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Europe's Largest Quartzite Quarry Fuels Taunus Region's Economy

The Taunus-Quarzit-Werk, Europe's largest quartzite quarry, located near Köppern, Germany, produces 4,000 tons of quartzite daily for various uses; its location near Roman Limes structures suggests a long history of extraction, while its modern operations demonstrate the economic significance of thi...

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24% Bias Score

Industry, Innovation, and Infrastructure
nytimes.com
🌐 20% Global Worthiness
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Vikings' Offseason Plan: High-Priced Free Agents Targeted

The Minnesota Vikings, with $58 million in projected cap space, plan to target high-priced free agents to upgrade their offensive and defensive lines, and secondary, potentially signing players like Trey Smith and Milton Williams, while also considering cutting existing players to free up more cap s...

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36% Bias Score

Decent Work and Economic Growth
fr.euronews.com
🌐 90% Global Worthiness
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Trump Threatens Tariffs on China and EU, Sparking Market Volatility

President Trump threatened 10% tariffs on China and the EU on his second day in office, citing trade deficits and fentanyl, following earlier threats against Canada and Mexico; European leaders responded with calls for unity and market adjustments, while the situation creates considerable uncertaint...

Progress

44% Bias Score

Reduced Inequality
nos.nl
🌐 90% Global Worthiness
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US Withdrawal from Global Minimum Tax Agreement Threatens International Cooperation

President Trump's decision to withdraw the US from the global minimum tax agreement, designed to prevent corporate tax evasion through a 15% minimum tax rate across 139 countries, threatens international cooperation and may initiate trade conflicts and higher prices globally.

Progress

40% Bias Score

Reduced Inequality
abcnews.go.com
🌐 90% Global Worthiness
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Saudi Arabia to Invest $600 Billion in US

Saudi Crown Prince Mohammed bin Salman announced a planned $600 billion investment in the United States over the next four years, following a phone call with former President Trump, who suggested a return visit to the Kingdom might be his first foreign trip.

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44% Bias Score

Decent Work and Economic Growth
cnn.com
🌐 90% Global Worthiness
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AI Integration to Reshape Workforces: Salesforce CEO's Prediction

Salesforce CEO Marc Benioff stated at the World Economic Forum in Davos that current CEOs are the last generation to manage all-human workforces, citing the increasing integration of AI in businesses and the potential for productivity gains through human-AI collaboration; a recent World Economic For...

Progress

44% Bias Score

Decent Work and Economic Growth