Tag #Economy

kathimerini.gr
🌐 85% Global Worthiness
News related image

Volkswagen's Collaborative Cost Cuts Raise Investor Doubts

Volkswagen's pre-Christmas cost-cutting agreement, involving plant closures and 35,000 job cuts by 2027, prioritizes collaboration with labor unions, raising investor concerns about its feasibility and impact on the company's stock price.

Progress

44% Bias Score

Decent Work and Economic Growth
pt.euronews.com
🌐 85% Global Worthiness
News related image

EU Plans €1 Billion Reserve to Protect Farmers from Mercosur Trade Deal

The EU plans a minimum €1 billion reserve to aid farmers if the Mercosur trade deal harms European agriculture, particularly in beef and poultry, mirroring a similar, but slower, Brexit support system. The money will likely come from the Common Agricultural Policy.

Progress

36% Bias Score

No Poverty
dailymail.co.uk
🌐 85% Global Worthiness
News related image

Herald Investment Trust Defeats Takeover Bid, Exposing Regulatory Gaps

Minority investors in Herald Investment Trust overwhelmingly rejected a takeover bid by Saba's Boaz Weinstein, highlighting shortcomings in industry body AIC, regulator FCA, and investment platforms' responses; the vote's success impacts six other targeted trusts.

Progress

44% Bias Score

Reduced Inequality
pt.euronews.com
🌐 85% Global Worthiness
News related image

Trump Threatens Tariffs on China, EU, and Russia

President Trump threatened 10% tariffs on China for sending fentanyl and tariffs on the EU due to a $350 billion trade deficit, while also threatening Russia with sanctions and tariffs if a peace agreement isn't reached; however, these threats are not yet formalized, and a trade review is ongoing un...

Progress

48% Bias Score

Decent Work and Economic Growth
cnn.com
🌐 85% Global Worthiness
News related image

Trump's Post-Inauguration Business Activities Raise Ethics Concerns

President Trump and his wife launched meme coins days before his inauguration, and a Saudi-backed golf tournament will be held at a Trump property; ethics watchdogs are concerned about conflicts of interest and the Trump Organization's continued pursuit of overseas deals, while the lack of a compreh...

Progress

64% Bias Score

Reduced Inequality
gr.euronews.com
🌐 85% Global Worthiness
News related image

Schneider Electric Tops Global Sustainability Ranking

Corporate Knights named Schneider Electric the world's most sustainable company in its annual Global 100 index, ranking 8,359 companies with over \$1 billion in revenue based on sustainability and ethical factors; the index, however, underperformed the MSCI ACWI in 2024.

Progress

44% Bias Score

Responsible Consumption and Production
de.euronews.com
🌐 85% Global Worthiness
News related image

European VC Investment Dips Despite AI Boom and Exit Surge

European venture capital investment totaled less in 2024 than in 2023, despite larger average deals, due to fewer deals; however, AI investment boomed to €14.6 billion, and exits increased, creating cautious optimism for the future.

Progress

44% Bias Score

Decent Work and Economic Growth
de.euronews.com
🌐 85% Global Worthiness
News related image

EU Plans €1 Billion Reserve to Protect Farmers from Mercosur Deal

The EU proposes a €1 billion reserve, possibly part of the Common Agricultural Policy, to shield farmers from potential negative consequences of the Mercosur trade deal, addressing concerns about market disruptions in sectors like beef and poultry, learning from past issues with the Brexit Adjustmen...

Progress

56% Bias Score

No Poverty
pt.euronews.com
🌐 85% Global Worthiness
News related image

China Mandates Increased Stock Investment to Boost Economy

The Chinese government is implementing policies to increase domestic stock investment by pension funds and investment firms by at least 10% annually for the next three years to stimulate consumer spending and counter economic slowdown, with commercial insurance funds required to invest 30% of new pr...

Progress

36% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
🌐 85% Global Worthiness
News related image

Trump Initiates Trade Deficit Investigations, Raising Stakes for Mexico and Canada

President Trump, despite delaying a 25% tariff on Mexican and Canadian imports, initiated investigations into US trade deficits, potentially using tariffs as leverage for trade renegotiations by April 1st. This has significant implications for global trade and US-Canada relations.

Progress

44% Bias Score

Decent Work and Economic Growth
bbc.com
🌐 85% Global Worthiness
News related image

Argentina's Peso Strengthens, but Prices Soar in US Dollars

Argentina's peso appreciation, driven by President Milei's anti-inflation measures, has unexpectedly increased prices of goods in US dollars, impacting purchasing power and competitiveness, while the government maintains that the peso is not overvalued.

Progress

40% Bias Score

Reduced Inequality
nos.nl
🌐 85% Global Worthiness
News related image

Dutch Pension Fund Considers €5 Billion Divestment from BlackRock Over Climate Concerns

Dutch pension fund PME is considering withdrawing approximately €5 billion from BlackRock due to concerns about the firm's reduced commitment to climate-focused investing, prompting a letter seeking clarification and potentially shifting investments to another firm.

Progress

44% Bias Score

Climate Action