Tag #Economy

dw.com
🌐 85% Global Worthiness
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Russian Oil Spill Causes Tourism Collapse, Environmental Disaster

A massive oil spill from two sunken tankers off the coast of Anapa, Russia, on December 15th, 2023, has caused a 40 percent drop in summer tourism bookings, killed thousands of animals, and sparked criticism of the government's response.

Progress

36% Bias Score

dw.com
🌐 85% Global Worthiness
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Trump Rejects Global Minimum Tax Deal, Threatening International Trade

President Trump signed an executive order rejecting the OECD's global corporate minimum tax deal, leaving it without US support and potentially opening the door to retaliatory trade actions from other countries. This decision reverses prior US support and leaves the future of the agreement uncertain...

Progress

52% Bias Score

Reduced Inequality
jpost.com
🌐 85% Global Worthiness
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Health Start-ups Tackle Financial Strain in European and Israeli Healthcare

Facing rising costs and aging populations, European and Israeli public healthcare systems are undergoing a transformation in 2025, with health start-ups offering cost-effective medical devices and digital health platforms to improve efficiency and patient care; in Germany, a 13% cost increase led to...

Progress

36% Bias Score

Good Health and Well-being
theglobeandmail.com
🌐 85% Global Worthiness
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Netflix Raises Canadian Subscription Prices Amid Industry-Wide Trend

Netflix implemented a price increase in Canada, raising its subscription plans by $2 to $7.99 for the basic plan with ads, $2.50 to $18.99 for the standard plan without ads, and $3 to $23.99 for the premium plan, reflecting a broader industry trend of rising streaming costs and competitive pressures...

Progress

40% Bias Score

Reduced Inequality
de.euronews.com
🌐 85% Global Worthiness
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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
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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
cnbc.com
🌐 85% Global Worthiness
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Germany Needs Economic Growth, Finance Minister Says

German Finance Minister Jörg Kukies, in a CNBC interview at the Davos World Economic Forum, highlighted the need for economic growth to address Germany's declining GDP in 2023 and 2024, advocating for targeted reforms to the debt brake and stronger trade ties with the U.S. while acknowledging the up...

Progress

36% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
🌐 85% Global Worthiness
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U.S. Targets Canada's Digital Services Tax

The U.S. administration, under President Trump, is targeting Canada's digital services tax, a 3% levy on foreign tech companies' revenue from Canadian users, potentially escalating trade tensions.

Progress

36% Bias Score

Reduced Inequality
welt.de
🌐 85% Global Worthiness
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Milei's Davos Speech: A Populist Critique of 'Wokeism' and Western Decline

At the 2025 Davos World Economic Forum, Argentinian President Javier Milei delivered a controversial speech attacking "wokeism" and promoting international alliances with figures like Donald Trump and Giorgia Meloni, while also highlighting his economic successes in reducing inflation and restoring ...

Progress

60% Bias Score

Reduced Inequality
kathimerini.gr
🌐 85% Global Worthiness
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Dimon Warns of Overvalued US Assets Amid Post-Election Market Surge

JPMorgan Chase CEO Jamie Dimon warned of overvalued US assets on Wednesday at the Davos World Economic Forum, citing inflated prices and the need for strong performance to justify them; this follows a 4.6% S&P 500 increase after Trump's reelection and a Bank of America survey showing investor optimi...

Progress

40% Bias Score

Reduced Inequality
pt.euronews.com
🌐 85% Global Worthiness
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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
kathimerini.gr
🌐 85% Global Worthiness
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Greek Citizen Reporting Leads to €2 Billion in Additional Tax Revenue

Over 75,000 Greek citizens reported tax evasion, customs violations, and corruption in 2024 through a government platform, generating €2 billion in additional revenue and contributing to a 50% reduction in the VAT gap. A receipt-scanning app, used by over 300,000 people, further aided in detection.

Progress

44% Bias Score

Reduced Inequality