Tag #Economy

es.euronews.com
🌐 85% Global Worthiness
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Bitcoin Hits Record High Amidst Trump's Crypto-Friendly Policies

Bitcoin hit a record high of over $109,900 on Monday as President-elect Trump's meme coin, $Trump, generated over $10 billion in two days, reflecting market optimism towards his pro-cryptocurrency policies.

Progress

68% Bias Score

Reduced Inequality
theguardian.com
🌐 85% Global Worthiness
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UK Pay Growth Rises, Adding Pressure on Bank of England

UK average weekly earnings increased by 5.6% in the three months to November, driven by strong private sector growth, putting pressure on the Bank of England to maintain interest rates amid concerns over inflation; unemployment rose to 4.4%.

Progress

44% Bias Score

Decent Work and Economic Growth
cincodias.elpais.com
🌐 85% Global Worthiness
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Trump's Memecoin Launch Sends Shockwaves Through Crypto Market

Former US President Donald Trump launched the $TRUMP memecoin on Friday, reaching a peak market cap of $72 billion before a sharp decline; his wife followed with $MELANIA, causing Solana's price to surge and raising concerns about market volatility and credibility.

Progress

56% Bias Score

Reduced Inequality
nos.nl
🌐 85% Global Worthiness
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Dutch Agricultural Innovations Promise 50% Ammonia Emission Reduction, But Livestock Cuts May Be Necessary

Dutch research commissioned by provinces shows that agricultural innovations can reduce ammonia emissions by almost 50% in five years, but a 20-30% livestock reduction might also be necessary to meet targets, despite a €2 billion government investment.

Progress

48% Bias Score

Climate Action
dailymail.co.uk
🌐 85% Global Worthiness
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Mone PPE Scandal: Criminal Investigation Launched

Baroness Michelle Mone and her husband face a criminal investigation over a £200 million PPE deal awarded during the COVID-19 pandemic, with allegations of using political connections and misleading the public to secure contracts for PPE MedPro, a company linked to her husband who stood to gain £60 ...

Progress

60% Bias Score

Reduced Inequality
edition.cnn.com
🌐 85% Global Worthiness
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Trump Announces 25% Tariffs on Mexico and Canada

President Trump announced 25% tariffs on imports from Mexico and Canada, effective February 1st, impacting over $893 billion in annual bilateral trade and potentially leading to higher prices for American consumers and retaliatory tariffs.

Progress

56% Bias Score

Decent Work and Economic Growth
elmundo.es
🌐 85% Global Worthiness
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Spanish-Valencian Government Rift Jeopardizes Flood Reconstruction Funds

Following devastating floods in Valencia, Spain, the regional government expressed surprise at the central government's EU funding application, revealing a complete lack of communication that jeopardizes the 4.404 billion euro reconstruction effort. This highlights the urgent need for inter-governme...

Progress

48% Bias Score

Sustainable Cities and Communities
lefigaro.fr
🌐 85% Global Worthiness
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France Considers Taxing Wealthy Retirees to Fund Social Security

France's Minister of Labor proposed taxing retirees with pensions exceeding €2000-2500 per month to fund social security, potentially affecting 40% of retirees and generating €500-800 million annually, complementing a potential increase in weekly work hours to address a €2.5 billion funding gap.

Progress

48% Bias Score

Reduced Inequality
theglobeandmail.com
🌐 85% Global Worthiness
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Trump's Tariffs: Canada's Response and Potential Economic Adaptation

Facing President Trump's threatened tariffs, Canada has responded with denial, accommodation, education, and retaliation, preparing for potential economic adaptation if free trade ends; this could reverse decades of economic integration.

Progress

56% Bias Score

Decent Work and Economic Growth
repubblica.it
🌐 85% Global Worthiness
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EU to Review 2035 Zero-Emission Vehicle Mandate Amidst Industry Concerns

Italy is pushing for a 2025 review of the EU's plan to mandate zero-emission vehicles by 2035, amid slow market growth (1% in 2024 compared to an 18% decline from 2019) and concerns about the transition's impact on the European automotive industry.

Progress

52% Bias Score

Climate Action
edition.cnn.com
🌐 85% Global Worthiness
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Trump's Policies Create Uncertainty for the Federal Reserve

President-elect Trump's potential policies, including mass deportations and tariffs, pose a significant challenge to the Federal Reserve's ability to accurately forecast economic indicators and set appropriate monetary policy due to heightened uncertainty, forcing the Fed to choose between immediate...

Progress

48% Bias Score

Decent Work and Economic Growth
forbes.com
🌐 85% Global Worthiness
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Freetrade Acquisition Underscores Fintech Market Correction

The 160 million GBP acquisition of the UK-based fintech company Freetrade by IG Group reflects the post-ZIRP market correction in fintech, where incremental innovation yields lower exit valuations compared to previous years, as exemplified by the stark difference between Freetrade's 5.8x revenue mul...

Progress

48% Bias Score

Reduced Inequality