Tag #Economy

sueddeutsche.de
🌐 75% Global Worthiness
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High Demand for Paris-Berlin ICE Train Prompts Expansion Plans

The new direct ICE train between Paris and Berlin, launched in late December, is experiencing exceptionally high demand with 90% average occupancy, prompting plans by DB and SNCF to expand the service, including additional direct connections between Paris and Munich.

Progress

36% Bias Score

Climate Action
sueddeutsche.de
🌐 75% Global Worthiness
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Two Arrested in Berlin for Series of ATM Bombings

Berlin police arrested two men suspected of participating in at least 20 ATM bombings across Berlin, Brandenburg, Saxony-Anhalt, and Hesse, resulting in €500,000 stolen and €5 million in damages; one bombing occurred the night before the arrests in Berlin's Fennpfuhl district.

Progress

40% Bias Score

Reduced Inequality
theglobeandmail.com
🌐 75% Global Worthiness
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CRA Extends Charitable Donation Tax Deadline to March 2025

The Canada Revenue Agency confirmed Canadians can claim charitable donations made before March 2025 against their 2024 taxes, extending a deadline initially set for December 31, 2024, to mitigate the impact of the Canada Post strike on charities.

Progress

32% Bias Score

Reduced Inequality
cnbc.com
🌐 75% Global Worthiness
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AmEx Q4 Spending Surges 8%, Driven by Millennials and Gen Z

American Express reported an 8% year-over-year increase in card spending in Q4 2024, fueled by a 16% surge in transactions from millennials and Gen Z, exceeding growth in other age groups and exceeding expectations for goods and services.

Progress

36% Bias Score

Reduced Inequality
cnbc.com
🌐 75% Global Worthiness
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Meta to Test Ads on Threads Platform

Meta is testing ads on its Threads app with a few companies in the U.S. and Japan, marking its first attempt to generate revenue from the platform that launched in July 2023 and has over 300 million monthly users.

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
theguardian.com
🌐 75% Global Worthiness
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Trump's Merchandise Sales Surge After Re-election

Between election day and his inauguration, Donald Trump's online store added 168 new products, costing \$13,804 to buy one of each, raising ethical concerns about profiting from the presidency; the store made over \$3 million in 2023.

Progress

52% Bias Score

Reduced Inequality
theglobeandmail.com
🌐 75% Global Worthiness
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Venture Global's Subdued IPO Debut at $58.2 Billion Valuation

Venture Global's $58.2 billion IPO debuted nearly 4 percent below its $25 IPO price on Friday, raising $1.75 billion from the sale of 70 million shares—significantly less than its initial $2.3 billion target due to investor concerns over long-term profit estimates and legal battles.

Progress

36% Bias Score

Climate Action
theglobeandmail.com
🌐 75% Global Worthiness
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BC Accelerates Renewable Energy Amid US Tariff Threat

British Columbia is accelerating renewable energy development, signing a deal for 200 megawatts of wind power to reduce reliance on US electricity amid threatened tariffs and recent power shortages, aiming for energy independence and meeting growing demand.

Progress

36% Bias Score

Affordable and Clean Energy
faz.net
🌐 75% Global Worthiness
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BASF Misses Q4 Profit Targets Amidst Battery Chemical Write-Downs and Restructuring

BASF's Q4 2023 results revealed a €3.2 billion profit miss despite meeting revenue and earnings expectations, primarily due to write-downs in battery chemicals and restructuring costs at its Ludwigshafen site, prompting the company to seek alliances and partnerships.

Progress

24% Bias Score

Decent Work and Economic Growth
smh.com.au
🌐 65% Global Worthiness
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Queensland Faces \$217.8 Billion Debt Projection, Premier Assures Public Servants

Queensland's debt is projected to hit \$217.8 billion by 2027-28, prompting Premier Crisafulli to assure public servants of job security despite Treasurer Janetzki's warning of a potential credit rating downgrade, a claim the opposition calls exaggerated.

Progress

40% Bias Score

Decent Work and Economic Growth
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