Tag #Economy

jpost.com
🌐 85% Global Worthiness
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Elbit Systems' Stock Soars Amidst Global Defense Spending Surge

Elbit Systems' share price has soared 70% since June to record highs, reaching a $13.3 billion market cap, fueled by increased global defense budgets and strong demand for its products, particularly in Israel following the recent conflict; despite a ceasefire, continued growth is expected.

Progress

56% Bias Score

Peace, Justice, and Strong Institutions
dailymail.co.uk
🌐 85% Global Worthiness
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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
gr.euronews.com
🌐 85% Global Worthiness
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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
elmundo.es
🌐 85% Global Worthiness
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Spanish Congress Rejects Decree, Cutting Pension Increases and Free Public Transit

The Spanish Congress rejected an omnibus decree, resulting in a €40.50 monthly reduction for average retirees, eliminating aid for vulnerable citizens, and ending free public transport, exposing the government's fragile parliamentary majority.

Progress

52% Bias Score

Reduced Inequality
dailymail.co.uk
🌐 85% Global Worthiness
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Labour Prioritizes Economic Growth Over Net-Zero Targets

Labour's new economic plan prioritizes growth over immediate climate action, aiming to accelerate infrastructure projects by reforming judicial reviews and potentially expanding airport capacity, despite concerns about environmental impact and internal party divisions.

Progress

64% Bias Score

Decent Work and Economic Growth
abcnews.go.com
🌐 85% Global Worthiness
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Price Gouging Charges Filed Amid Southern California Wildfires

California Attorney General Rob Bonta charged a real estate agent with price gouging after a 38% rent increase for fire victims, exceeding the legal limit; over 500 warning letters were issued for similar violations during the ongoing Southern California wildfires, resulting in at least 28 deaths an...

Progress

40% Bias Score

Reduced Inequality
kathimerini.gr
🌐 85% Global Worthiness
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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
theglobeandmail.com
🌐 85% Global Worthiness
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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
elpais.com
🌐 85% Global Worthiness
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Mexico's Pragmatic Response to Trump's Policies

Despite Donald Trump's antagonistic policies toward Mexico, the article argues that Mexico's strong economy and international standing will help mitigate negative consequences, while proactive measures could yield long-term benefits.

Progress

56% Bias Score

Reduced Inequality
theguardian.com
🌐 85% Global Worthiness
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UK Restricts Legal Challenges to Infrastructure Projects to Boost Growth

The UK government will limit legal challenges to major infrastructure projects by restricting appeals of High Court rulings deemed "totally without merit," aiming to accelerate development and boost economic growth, despite concerns from environmental groups about potential environmental damage.

Progress

56% Bias Score

Sustainable Cities and Communities
it.euronews.com
🌐 85% Global Worthiness
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Lagarde Warns Europe to Prepare for Potential US Trade Policy Shifts

ECB President Christine Lagarde warned Europe about potential US trade policy shifts, urging preparedness and highlighting the need for internal reforms to enhance competitiveness amidst a robust US economy and existing trade surplus.

Progress

24% Bias Score

Decent Work and Economic Growth
npr.org
🌐 85% Global Worthiness
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Netflix Reports Record Subscriber Growth, Announces Price Hike

Netflix reported a record 19 million new subscribers in Q4 2024, reaching 302 million globally, driven by live sports and popular shows; however, the company also announced across-the-board price increases in the U.S., ranging from $1 to $2.50 per subscription tier.

Progress

40% Bias Score

Reduced Inequality