Tag #Economy

cbsnews.com
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Trump Issues Executive Order to Combat Inflation

On January 20, President Trump signed an executive order aiming to lower the cost of living by directing federal agencies to reduce prices on housing, healthcare, and fuel, despite economists' doubts and low public confidence.

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48% Bias Score

No Poverty
cnbc.com
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UK Replaces Competition Regulator Chair Amid Growth Concerns

The UK government replaced the Competition and Markets Authority's chair, Marcus Bokkerink, with former Amazon executive Doug Gurr, due to concerns about the CMA's impact on economic growth, following criticism from Prime Minister Keir Starmer and a meeting with the Finance Minister to discuss stimu...

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40% Bias Score

Decent Work and Economic Growth
lemonde.fr
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France Lowers Proposed Air Travel Tax Amid Environmental Concerns

France's new government is considering a lower tax on air travel, reducing expected revenue from €850 million to €750 million, causing concern among environmental groups who fear reduced funding for emission reduction initiatives. This follows a previous government's failed attempt to implement a hi...

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40% Bias Score

Climate Action
dailymail.co.uk
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BrewDog Founder Launches £2 Million Reality Show Amid UK Business Climate Concerns

James Watt, BrewDog founder, blames the UK's challenging business environment on the autumn Budget, launching a reality show, "House of Unicorns," with a £2 million prize to support entrepreneurs and counter this trend.

Progress

40% Bias Score

Decent Work and Economic Growth
allafrica.com
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Liberia's Medtech Faces FIA Probe for Alleged Financial Misconduct

Medtech Scientific Liberia Limited, holding an 80% revenue share from imported goods, faces an FIA investigation for alleged financial misconduct, including overcharging customers and obstructing justice, potentially leading to administrative and criminal sanctions.

Progress

52% Bias Score

Reduced Inequality
usa.chinadaily.com.cn
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Xizang's Economy Booms in 2024, Driven by Trade and Infrastructure Growth

Xizang's 2024 GDP reached $37.96 billion, a 6.3 percent increase year-on-year, driven by a 15.4 percent surge in foreign trade to $1.7 billion and an 8.2 percent rise in per capita disposable income to $4,296, showcasing the region's growing economic importance in China's South Asia strategy.

Progress

44% Bias Score

No Poverty
lefigaro.fr
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A concise, factual title that captures the core news value, highlighting the most significant aspect with specificity. Avoid sensationalism and maintain neutrality.

A one-sentence summary answering the key journalistic questions (Who, What, When, Where, Why) with specific details. Ensure it provides unique information not repeated verbatim in other sections.

Progress

40% Bias Score

Reduced Inequality
theguardian.com
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UK to Crack Down on Welfare Fraud with Driving Ban and Bank Access

The UK government will introduce a bill to combat welfare fraud, allowing the DWP to recover £1.5 billion over five years by suspending driving licenses for those with over £1,000 in unpaid debts and accessing bank statements for debt recovery; the bill also expands Public Sector Fraud Authority pow...

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72% Bias Score

Reduced Inequality
nos.nl
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Netherlands Launches Legal Cannabis Production Trial in Groningen

Starting April 7th, legal cannabis cultivation begins in the Netherlands with two Groningen facilities, Q-Farms (€30 million investment) and Holigram (€20 million investment), projected to produce 8,000 kg of weed and 1,000 kg of hash annually in a four-year trial to assess legal production feasibil...

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40% Bias Score

Decent Work and Economic Growth
bbc.com
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HMRC Cuts Off 43,690 Customers, Faces Criticism Over Poor Phone Service and Rising Uncollectable Debt

HMRC's phone system cut off 43,690 customers after 70-minute waits in 2023-24 due to high call volume, prompting criticism from MPs over poor service and a £5 billion increase in uncollectable debt; HMRC denies claims of deliberately poor service.

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56% Bias Score

Reduced Inequality
zeit.de
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German Court Upholds Tübingen's Single-Use Packaging Tax

The German Federal Constitutional Court upheld Tübingen's tax on single-use food packaging and cutlery, rejecting a McDonald's franchisee's challenge; the decision validates the city's efforts to reduce waste and may influence other German municipalities considering similar taxes.

Progress

48% Bias Score

Responsible Consumption and Production
elmundo.es
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Power Struggle Erupts in Spain's Business Leadership

Antonio Garamendi, CEOE president, wants Gerardo Cuerva out as Cepyme president, offering him a less prominent position within CEOE; Cuerva will run for reelection, creating a conflict that will reshape power dynamics in Spain's business sector.

Progress

40% Bias Score

Decent Work and Economic Growth