Tag #Economy

mk.ru
🌐 75% Global Worthiness
News related image

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
theglobeandmail.com
🌐 75% Global Worthiness
News related image

Canada is not for sale" Hats Reveal Challenges of Domestic Apparel Production

Ottawa marketers Liam Mooney and Emma Cochrane's "Canada is not for sale" hats, popularized by Premier Doug Ford, highlight the challenges of domestic apparel production in Canada due to the high cost and low demand, forcing them to import most hats while embroidering them in Toronto.

Progress

44% Bias Score

Decent Work and Economic Growth
edition.cnn.com
🌐 75% Global Worthiness
News related image

US Existing Home Sales Plunge to Near Three-Decade Low in 2024

US existing home sales in 2024 fell to 4.06 million, the lowest since 1995, driven by high home prices (median $407,500) and mortgage rates (peaking at 7.22%), despite a slight December rise; a housing shortage of 3.7 million units and the 'lock-in effect' further constrain the market.

Progress

48% Bias Score

Reduced Inequality
cnn.com
🌐 75% Global Worthiness
News related image

US Existing Home Sales Plunge to Near 30-Year Low

US existing home sales in 2024 hit a near three-decade low of 4.06 million due to record-high home prices ($407,500 median) and elevated mortgage rates (peaking at 7.22%), although December saw a slight increase, and experts predict continued challenges in 2025.

Progress

40% Bias Score

Reduced Inequality
repubblica.it
🌐 75% Global Worthiness
News related image

FWU Liquidation: 110,000 Italian Clients Affected

FWU, a German insurance company with over 110,000 Italian clients, has failed its restructuring plan, prompting Luxembourg's supervisory authority to seek its liquidation; client funds, though held by a third-party bank, are currently inaccessible.

Progress

44% Bias Score

No Poverty
zeit.de
🌐 75% Global Worthiness
News related image

Faster China-Germany Shipping Route via Wilhelmshaven

A new direct container ship line, the China-Europe-Express (CEX), between Ningbo, China, and Wilhelmshaven, Germany, reduced transit time to 25 days, boosting the JadeWeserPort and potentially attracting new logistics networks.

Progress

44% Bias Score

Industry, Innovation, and Infrastructure
theguardian.com
🌐 75% Global Worthiness
News related image

Regent's Park Mansion Sells for £139 Million, Raising Transparency Concerns

A 40-bedroom mansion in Regent's Park, formerly owned by Prince Khaled bin Sultan al-Saud, has sold for approximately £139 million to a UK subsidiary of Zedra, a corporate services firm, despite efforts to increase transparency in offshore property ownership; the ultimate beneficial owner remains un...

Progress

24% Bias Score

Reduced Inequality
es.euronews.com
🌐 75% Global Worthiness
News related image

Tesla's Updated Model Y: Price Hike, New Features, and Global Recall

Tesla launched a new, more expensive Model Y with standard autonomous driving, priced at $59,990 in the US, but sales have dropped in 2024 due to global EV demand and competition; a recall of over 1.2 million vehicles in China due to software issues affecting the rearview camera adds further concern...

Progress

32% Bias Score

Responsible Consumption and Production
theglobeandmail.com
🌐 75% Global Worthiness
News related image

Verizon's Strong Subscriber Growth Offsets Lower-Than-Expected Profit Forecast

Verizon's Q4 2024 results show the best wireless subscriber growth in five years (568,000 additions), exceeding expectations, driven by myPlan and iPhone 16 promotions; however, annual profit and free cash flow forecasts fell slightly short of Wall Street estimates.

Progress

36% Bias Score

Reduced Inequality
kathimerini.gr
🌐 75% Global Worthiness
News related image

Greek Golden Visa Program Sees Shift in Investment Patterns

Astons identifies three new investment trends in Greece's Golden Visa program: regional properties, repurposed buildings offering lower investment thresholds, and luxury properties in prime locations. Concerns exist regarding potential market distortions in regional areas, while a surge in applicati...

Progress

36% Bias Score

Sustainable Cities and Communities
genova.repubblica.it
🌐 75% Global Worthiness
News related image

Liguria Officials Advocate for Preserving Ilva Steelworks to Maintain Jobs and Production

President Bucci of Liguria and CGIL Secretary General Landini agree on the importance of maintaining Liguria's industrial chain, including the former Ilva steelworks in Genoa, to preserve jobs and production, emphasizing the need for a buyer ensuring both.

Progress

56% Bias Score

Decent Work and Economic Growth
lentreprise.lexpress.fr
🌐 75% Global Worthiness
News related image

France's Retirement Debate: Economic Sustainability Versus Popular Opinion

A recent poll shows 62% of French people support lowering the retirement age to 62, despite the current system's 3.4% GDP deficit and low contribution rates (11% of GDP), resulting in pension spending of 14.4% of GDP; lowering the retirement age would necessitate a 4.2% increase in pension contribut...

Progress

56% Bias Score

Decent Work and Economic Growth