Tag #Economy

nos.nl
🌐 75% Global Worthiness
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Dutch Government Urges Halt to "Buy Now, Pay Later" Expansion

The Dutch government urged, but cannot ban, "buy now, pay later" services in stores before 2026 due to upcoming EU regulation, expressing concern for vulnerable consumers who may accumulate debt; Klarna, a major provider, is considering a credit opt-out feature.

Progress

52% Bias Score

Reduced Inequality
nos.nl
🌐 75% Global Worthiness
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Eindhoven Acquires Brainport Industries Campus Section

The municipality of Eindhoven will purchase the Brainport Industries Campus section BIC1 from Capreon for an undisclosed sum, exceeding the 2020 sale price of 130 million euros, to gain control over its development and tenant selection, prioritizing local interests and addressing foreign influence.

Progress

52% Bias Score

Industry, Innovation, and Infrastructure
english.kyodonews.net
🌐 75% Global Worthiness
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Earthquake Strikes Fukushima; Fatal Stabbing in Nagano

A magnitude 5.2 earthquake hit Fukushima Prefecture, Japan, early Thursday, causing no tsunami. Separately, a fatal stabbing near a Nagano train station left one dead and two injured; the attacker remains at large.

Progress

8% Bias Score

Sustainable Cities and Communities
theguardian.com
🌐 75% Global Worthiness
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Unpaid Internships Exacerbate Socioeconomic Inequality in Career Access

A Sutton Trust report reveals that 55% of middle-class graduates had internships compared to 36% of working-class graduates, widening the inequality gap since 2018, with 61% of internships being unpaid or underpaid, mostly in real estate, construction, IT, finance, and legal sectors.

Progress

52% Bias Score

Reduced Inequality
theglobeandmail.com
🌐 75% Global Worthiness
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Imperial Metals Defends Mount Polley Spill as Non-Toxic Amidst Fisheries Act Charges

Imperial Metals president Brian Kynoch claims the Mount Polley mine tailings spill, which released 25 million cubic metres of material into B.C. waterways on Aug. 4, 2014, was not toxic, despite facing 15 Fisheries Act charges for alleged breaches resulting in serious harm to fish; however, independ...

Progress

56% Bias Score

Life Below Water
edition.cnn.com
🌐 75% Global Worthiness
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Nepal Hikes Mount Everest Permit Fees by 36%

Nepal raised Mount Everest climbing permit fees by 36%, increasing the spring season cost to \$15,000, effective September, to boost tourism revenue and potentially improve safety and environmental protection on the mountain.

Progress

32% Bias Score

Reduced Inequality
nos.nl
🌐 75% Global Worthiness
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Dutch Social Rental Housing Construction Falls Short of Government Targets

From 2020-2023, 275 of 342 Dutch municipalities built less than 30 percent social rental housing, despite government targets and long waiting lists; the government may mandate construction, but corporations cite funding shortages and sustainability upgrades as obstacles.

Progress

36% Bias Score

Reduced Inequality
cincodias.elpais.com
🌐 75% Global Worthiness
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Castlelake to Sell Aedas Homes for Over €1.1 Billion

US fund Castlelake is selling its 79% stake in Spanish real estate company Aedas Homes, with bids expected in February from major investors like Hines and Starwood Capital for a deal potentially exceeding €1.1 billion, reflecting increased international interest in Spain's housing market.

Progress

40% Bias Score

Decent Work and Economic Growth
smh.com.au
🌐 75% Global Worthiness
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Australian Sharemarket Falls Amid Weakening Commodity Prices

The Australian sharemarket dropped 0.6 percent to 8,379.6 points on Thursday due to weakening commodity prices, despite US technology stock gains; mining stocks underperformed, with BHP and Rio Tinto falling 1.6 percent and 1.4 percent respectively; the government invested $50 million in Rex Airline...

Progress

24% Bias Score

Decent Work and Economic Growth
dailymail.co.uk
🌐 75% Global Worthiness
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Australia: Gender Equality Targets or Government Funding Loss

Proposed Australian laws mandate gender equality targets for businesses with 500+ employees within three years, with penalties including ineligibility for government contracts and funding for non-compliance; employer groups oppose the laws, citing unfair competition and compliance burdens, while the...

Progress

52% Bias Score

Gender Equality
bbc.com
🌐 75% Global Worthiness
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UK Pensioners Face Hardship After Winter Fuel Payment Cuts

Due to changes in eligibility, 11 million UK pensioners lost their winter fuel payment (up to £300), forcing many into debt as energy costs soar; Age UK saw a 60% rise in calls during the cold snap.

Progress

48% Bias Score

No Poverty
abcnews.go.com
🌐 75% Global Worthiness
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Stellantis to Reopen Illinois Plant, Build Durango in Detroit

Stellantis will reopen its Belvidere, Illinois assembly plant in 2027, creating 1,500 jobs to produce a new midsize pickup truck, and will build the next-generation Dodge Durango in Detroit following a dispute with the United Auto Workers union.

Progress

48% Bias Score

Decent Work and Economic Growth