Tag #Economy

nos.nl
🌐 75% Global Worthiness
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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...

Progress

40% Bias Score

Decent Work and Economic Growth
zeit.de
🌐 75% Global Worthiness
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Munich Re Confident in Profit Target Despite California Wildfires

Despite the substantial financial impact of the California wildfires on the insurance industry (estimated at 20-30 billion euros), Munich Re, the world's largest reinsurer, maintains its 6 billion euro profit target for 2025 due to its robust catastrophe reserves and reinsurance business model.

Progress

68% Bias Score

Climate Action
cbsnews.com
🌐 75% Global Worthiness
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Home Equity Loans in 2025: A Balanced Risk-Reward Assessment

In 2025's rising inflation environment, homeowners with an average $320,000 home equity consider home equity loans (8.40% interest) or HELOCs, but must weigh this against high personal loan (13%) and credit card (23%) rates, and carefully assess their repayment ability to avoid foreclosure.

Progress

40% Bias Score

Reduced Inequality
bbc.com
🌐 75% Global Worthiness
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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.

Progress

56% Bias Score

Reduced Inequality
dailymail.co.uk
🌐 75% Global Worthiness
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Qantas Raises Long-Haul Flight Fares by Two Percent

Qantas announced a two percent fare increase on Economy and Premium Economy long-haul flights from Australia and New Zealand to the UK, Europe, the Middle East, and North Africa, effective March 21, 2024, following a 28 percent drop in its 2024 post-tax profit.

Progress

48% Bias Score

Reduced Inequality
elmundo.es
🌐 75% Global Worthiness
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Record Grocery Spending in Spain Reaches "122 Billion Euros" in 2024

Spanish consumers spent a record "122 billion euros" on groceries in 2024, a 4.6% increase driven by higher input prices (up 2.5%), increased demand (up 2%), and a booming online grocery sector (up 18%).

Progress

36% Bias Score

Zero Hunger
cincodias.elpais.com
🌐 75% Global Worthiness
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E-commerce Sales Surge in Spain: 18% Growth in 2024

In 2024, Spanish e-commerce sales surged by 18%, outpacing offline growth at 4.5%, reaching a 6.8% market share in consumer goods. This growth is fueled by increased purchasing frequency, larger basket sizes, and higher spending, with senior citizens increasingly adopting online shopping.

Progress

44% Bias Score

Responsible Consumption and Production
welt.de
🌐 75% Global Worthiness
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\"German Kindergartens See Surge in Longer Childcare Hours Amidst Staffing Shortages\"\

The number of children in German kindergartens with over 35 weekly childcare hours increased by 30 percent between 2014 and 2024, reaching 3.94 million, while the number of educators rose by 46 percent to 724,000; however, staff shortages persist due to widespread part-time work.

Progress

36% Bias Score

elmundo.es
🌐 75% Global Worthiness
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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
theglobeandmail.com
🌐 75% Global Worthiness
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Canada's Broadcasting Rules Spark U.S. Trade Retaliation Fears

U.S. business groups warn Canada's updated broadcasting rules under the Online Streaming Act could trigger U.S. trade retaliation, potentially harming Canadian creative industries and violating the CUSMA trade deal. The CRTC is considering changes to Canadian content definitions, while facing opposi...

Progress

48% Bias Score

Decent Work and Economic Growth
china.org.cn
🌐 75% Global Worthiness
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Xinjiang Tunnel Construction Progressing Despite Challenges

The 15.7-kilometer West Tianshan Super-Long Tunnel in Xinjiang, China, connecting Yili and Aksu prefectures, faces challenges like flooding and extreme temperatures but is progressing as planned for completion by late October 2027, significantly reducing travel time and boosting regional development...

Progress

52% Bias Score

Industry, Innovation, and Infrastructure
smh.com.au
🌐 75% Global Worthiness
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Australia's Housing Market Shifts from Seller's to Buyer's Market

Increased residential listings in Australia, particularly in Sydney and Melbourne (up 50 percent in some areas), coupled with a December 2024 drop in national property values, signal a shift from a seller's to a buyer's market, driven by high interest rates, cost-of-living pressures, and sellers ant...

Progress

40% Bias Score

Reduced Inequality