Tag #Economy

elmundo.es
🌐 75% Global Worthiness
News related image

Ibex 35 defies US tech slump, hits 13-year high

The Ibex 35 index closed Tuesday at 12,154.20 points, up 1.31%, reaching its highest level since August 2010 despite the negative impact of DeepSeek's launch on US tech markets, particularly Nvidia's significant losses, and showcasing the resilience of the Spanish market due to its low exposure to t...

Progress

44% Bias Score

Decent Work and Economic Growth
foxnews.com
🌐 75% Global Worthiness
News related image

Loeffler to Donate SBA Salary to Charity

President Trump's nominee for SBA administrator, former Senator Kelly Loeffler, plans to donate her $207,500 annual salary to charity if confirmed; this follows her past donations of her Senate salary to various Georgia charities.

Progress

48% Bias Score

Reduced Inequality
cbsnews.com
🌐 75% Global Worthiness
News related image

Precious Metals in Retirement Portfolios: Benefits, Risks, and Optimal Allocation

For retirees, precious metals like gold offer inflation protection and portfolio diversification, but carry risks like high capital gains tax (28% for gold in the U.S.), storage costs, and liquidity issues; experts recommend allocating 5–10% of a portfolio to precious metals.

Progress

52% Bias Score

Reduced Inequality
welt.de
🌐 75% Global Worthiness
News related image

Bayreuth Festival Cuts 2026 Anniversary Program Due to Funding Crisis

The Bayreuth Festival's 150th-anniversary program, initially planned to include eleven Wagner operas, was reduced to seven due to a funding shortfall despite a high self-financing rate exceeding 55 percent, resulting in the cancellation of major productions.

Progress

36% Bias Score

Reduced Inequality
bbc.com
🌐 65% Global Worthiness
News related image

Most Elgin Businesses Defy Shopping Centre Closure, Planning to Relocate

Elgin's St Giles Shopping Centre closed on January 20th, 2024, after a dispute with Moray Council over business rates, displacing 15 businesses; however, most plan to relocate within Elgin, showcasing local resilience and potential for future town center revitalization.

Progress

40% Bias Score

Decent Work and Economic Growth
apnews.com
🌐 65% Global Worthiness
News related image

Bangladesh Railway Strike Paralyzes Nation

A nationwide railway strike in Bangladesh, prompted by railway staff demanding higher pensions and benefits, has halted train services, impacting 65 million annual passengers and the $38 billion garment export industry, causing significant disruption to the national economy.

Progress

48% Bias Score

Decent Work and Economic Growth
theguardian.com
🌐 75% Global Worthiness
News related image

Cardiff University to Cut 400 Jobs, Eliminate Subjects Amidst Financial Crisis

Cardiff University, facing a £31.2 million deficit and declining international student applications, plans to cut 400 academic staff (almost 10%) and eliminate subjects like nursing, music, and modern languages to avoid insolvency within four years.

Progress

36% Bias Score

Quality Education
taz.de
🌐 75% Global Worthiness
News related image

BDI Remains Silent on CDU/CSU Border Control Proposal Amidst Economic Concerns

The Federation of German Industries (BDI) supports a stronger EU but remains silent on CDU/CSU's proposed border closures, despite concerns from businesses about increased costs and supply chain issues; the BDI predicts a 0.1% decline in Germany's GDP in 2024.

Progress

44% Bias Score

Peace, Justice, and Strong Institutions
faz.net
🌐 75% Global Worthiness
News related image

SAP's Strategic Crossroads: Size, Bureaucracy, and the Search for Western Influence

SAP, Germany's most valuable company (€300 billion market cap), faces challenges due to its relatively small size compared to US tech giants, leading CEO Christian Klein to consider a more Western-oriented future for the company amid EU efforts to boost competitiveness.

Progress

56% Bias Score

Decent Work and Economic Growth
cbsnews.com
🌐 75% Global Worthiness
News related image

IRS Tax Extensions: Deadline, Implications, and Future Trends

The IRS offers tax extensions until October 15th for filing, but taxes are due April 15th; millions utilize this option annually, reflecting difficulties with timely filing; understanding the rules is critical to avoid penalties.

Progress

32% Bias Score

Reduced Inequality
bbc.com
🌐 65% Global Worthiness
News related image

Coca-Cola Recalls Beverages in Europe Due to Elevated Chlorate Levels

Coca-Cola is recalling beverages in Belgium, Luxembourg, and the Netherlands due to elevated chlorate levels found during routine testing at its Ghent plant; five product lines previously sold in the UK are no longer available; while the company says the risk is low, high chlorate levels can negativ...

Progress

40% Bias Score

Good Health and Well-being
dw.com
🌐 65% Global Worthiness
News related image

Kyrgyzstan to Raise Electricity Prices Amid Hydropower Project Funding Shortfalls

Kyrgyzstan's government announced a May 1, 2025 electricity price increase of 26 tyyn per kWh for households and 31 tyyn for businesses, citing the need to cover production costs and inflation, despite a recent public relations tour showcasing large-scale hydroelectric projects under development and...

Progress

56% Bias Score

Affordable and Clean Energy