Tag #Economy

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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Monte dei Paschi Launches €13.3 Billion Takeover Bid for Mediobanca

Italy's bailed-out Monte dei Paschi di Siena launched a €13.3 billion takeover bid for Mediobanca on Friday, offering 23 of its shares for every 10 of Mediobanca's, aiming to close by September pending shareholder approval on April 17; MPS projects significant annual financial benefits, while analys...

Progress

48% Bias Score

Decent Work and Economic Growth
elmundo.es
🌐 75% Global Worthiness
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Spanish Omnibus Bill Fails Amidst Accusations of Opposition Causing Social Harm

Spanish Prime Minister Pedro Sánchez criticized the opposition Popular Party for voting against an omnibus bill containing pension increases, public transport discounts, and storm-related aid, claiming their opposition causes social harm and that their abstention would have secured its passage.

Progress

52% Bias Score

Reduced Inequality
forbes.com
🌐 75% Global Worthiness
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SoFi Exceeds Q3 Expectations Amidst Analyst Uncertainty

SoFi, a financial services platform, exceeded Q3 2024 revenue and earnings expectations, reporting $697 million in revenue and 5 cents GAAP EPS, while its customer count grew by a third to over 10 million; however, its stock price, at $18.10, remains below its peak, and analysts have mixed views on ...

Progress

44% Bias Score

Reduced Inequality
forbes.com
🌐 75% Global Worthiness
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Inflation and the Case for a Gold Standard

The article analyzes the causes of US inflation, contrasting the current system with the historical gold standard, arguing that a return to the gold standard is the only viable solution to control inflation.

Progress

68% Bias Score

Reduced Inequality
welt.de
🌐 75% Global Worthiness
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Hesse to Combat Housing Vacancy with Strict New Law

Hesse plans to introduce a law allowing municipalities to limit housing vacancy to six months via ordinances, punishable by fines up to €500,000, to alleviate housing shortages; exceptions exist for justifiable reasons like renovations.

Progress

44% Bias Score

Sustainable Cities and Communities
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
forbes.com
🌐 75% Global Worthiness
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Burberry Stock Soars Despite Sales Dip

Burberry's stock surged 15.7% to £12.38 on Friday after reporting better-than-expected sales for the three months ending in December, despite a 7% drop in retail revenue to £659 million—a smaller decline than the anticipated 12%.

Progress

40% Bias Score

Decent Work and Economic Growth
cbsnews.com
🌐 75% Global Worthiness
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Act Now: Lock in Low Home Equity Loan Rates Before Fed Meeting

Homeowners can benefit from securing a home equity loan now due to relatively low interest rates (8.57% for a 15-year loan) before potential rate hikes following the January Federal Reserve meeting; the average homeowner has $320,000 in equity.

Progress

44% Bias Score

Reduced Inequality
forbes.com
🌐 75% Global Worthiness
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Marriage vs. Domestic Partnership: Weighing Financial and Legal Ramifications

Marriage versus domestic partnership: A couple weighs tax implications, estate planning, inheritance, health insurance, Social Security benefits, asset/debt treatment, and legal proceedings before deciding.

Progress

36% Bias Score

Reduced Inequality
forbes.com
🌐 75% Global Worthiness
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Great Flattening Trend" Reshapes US Workplaces

U.S. companies are eliminating middle management layers ("The Great Flattening Trend") to cut costs and boost efficiency, impacting employee morale and professional development, with mixed results reported by companies like Bayer and Novartis, and differing opinions among experts.

Progress

44% Bias Score

Decent Work and Economic Growth
mk.ru
🌐 75% Global Worthiness
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Russian Vegetable Prices Surge Amidst Harvest Shortfall

In 2024, potato prices in Russia skyrocketed by 92%, onions by 48.2%, and cabbage by 44.7%, due to a low harvest resulting from unfavorable weather and reduced planting areas caused by low profitability in previous years; however, buckwheat prices dropped by 15% and eggs by 11.16%.

Progress

48% Bias Score

Zero Hunger