Tag #Economy

forbes.com
🌐 75% Global Worthiness
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Sonoma State University Announces $20 Million in Budget Cuts

Sonoma State University announced $20 million in budget cuts to address a $23.9 million deficit caused by declining enrollment, resulting in the elimination of all intercollegiate athletic programs, 46 faculty positions, and over 20 academic programs.

Progress

48% Bias Score

Quality Education
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
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
elmundo.es
🌐 75% Global Worthiness
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Bankinter Reports Record €953 Million Profit in 2024 Despite Spanish Political Uncertainty

Bankinter announced record 2024 net profits of €953 million (12.8% increase), driven by strong commercial activity despite Spanish political fragmentation; CEO Gloria Ortiz highlighted the need for legislative efficiency while expressing confidence in the bank's future.

Progress

36% Bias Score

Decent Work and Economic Growth
elpais.com
🌐 75% Global Worthiness
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Spain Maintains 2024 Minimum Wage Despite Legislative Setback

Following the Congress's rejection of the minimum wage extension, Spain's Ministry of Labor announced that the 2024 minimum wage (1,134 euros) will remain in effect until a new one is approved, preventing salary reductions for new hires and prompting inspections to ensure compliance.

Progress

48% Bias Score

No Poverty
zeit.de
🌐 75% Global Worthiness
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Adult Gamers Boost Toy Market Resilience at Nuremberg Fair

The Nuremberg Toy Fair showcases key trends: adult gamers ('Kidults') driving €4.5 billion in European sales (30% of the market in 2023), manga-themed toys gaining traction, and a focus on health-conscious play; Germany's toy market saw a stable -2% decline in 2023.

Progress

36% Bias Score

Reduced Inequality
nos.nl
🌐 75% Global Worthiness
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US LNG Tankers Rerouted to Europe Amid Soaring Gas Prices

Due to higher prices, at least seven US LNG tankers en route to Asia were rerouted to Europe in recent weeks, highlighting Europe's increased reliance on LNG following the war in Ukraine, which now accounts for a third of its gas supply.

Progress

32% Bias Score

Affordable and Clean Energy
nrc.nl
🌐 75% Global Worthiness
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€100 Million Dutch Initiative to Address Groningen Gas Extraction Aftermath

The Dutch government launched a €100 million annual, 30-year initiative to improve living conditions in Groningen and Noord-Drenthe, focusing on community building, local pride, and early intervention to address issues stemming from gas extraction.

Progress

40% Bias Score

No Poverty
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
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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Woolworths Doubles Brut Deodorant Price Despite Smaller Size

Woolworths is selling a smaller 50g Brut deodorant stick for \$10, double the unit price of the previous 75g \$7 version, highlighting 'shrinkflation' and sparking consumer concerns amidst a cost-of-living crisis and existing accusations of deceptive pricing practices.

Progress

64% Bias Score

Reduced Inequality
theglobeandmail.com
🌐 75% Global Worthiness
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Oil Prices Steady Amidst Trump's Tariff Uncertainty

Oil prices saw minimal change on Thursday, with Brent crude at $79.18 and WTI at $75.58, due to uncertainty over President Trump's tariffs and energy policies, and a rise in US oil inventories.

Progress

36% Bias Score

Affordable and Clean Energy