Tag #Economy

kathimerini.gr
🌐 65% Global Worthiness
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Increased Mortgage Demand Expected in Greece Due to "My Home 2" Program

Greek credit institutions expect a significant increase in mortgage loan demand during Q1 2025 due to the "My Home 2" program; 71,374 applications have already been submitted, half for incomes under €24,000, and half between €24,000 and €36,000.

Progress

24% Bias Score

Reduced Inequality
cbsnews.com
🌐 65% Global Worthiness
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3 CD Account Mistakes to Avoid After This Week's Fed Meeting

This article advises prospective CD account holders to avoid three key mistakes: assuming rates will remain high, opening a short-term CD, and depositing too much money for too long, given the upcoming Federal Reserve meeting.

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52% Bias Score

Reduced Inequality
elmundo.es
🌐 90% Global Worthiness
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Chinese AI Startup DeepSeek Disrupts Global Market, Sends Tech Stocks Plunging

China's DeepSeek AI model, released January 20th, has outperformed Western competitors in benchmark tests, causing significant stock market drops for US and European chipmakers; its success is attributed to efficient resource management and innovation spurred by US sanctions, but it's hampered by ce...

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48% Bias Score

Industry, Innovation, and Infrastructure
dw.com
🌐 90% Global Worthiness
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Los Angeles Wildfires Cause $250 Billion in Losses, Exposing Climate Change's Impact on Insurance

Devastating wildfires in Los Angeles have caused up to $250 billion in economic losses, destroyed 16,000 buildings, and forced mass evacuations, highlighting the growing impact of climate change on insurance affordability and accessibility.

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44% Bias Score

Climate Action
forbes.com
🌐 90% Global Worthiness
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DeepSeek's AI Model Tops Charts, Defying US Export Controls

DeepSeek, a Chinese company founded in 2023, has achieved significant success with its AI model, DeepSeek-AI Assistant, which is now the most downloaded free app on Apple's App Store in both China and the US, despite US export controls on related technologies.

Progress

48% Bias Score

Industry, Innovation, and Infrastructure
cnbc.com
🌐 90% Global Worthiness
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Nvidia Stock Plunges After Open-Source AI Model Unveiled

Nvidia's stock plunged over 11% in premarket trading after Chinese startup DeepSeek released a free, open-source large-language model, raising concerns about the demand for high-end chips and impacting other tech giants like Microsoft and Amazon.

Progress

52% Bias Score

Reduced Inequality
dw.com
🌐 65% Global Worthiness
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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
repubblica.it
🌐 90% Global Worthiness
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DeepSeek AI Launch Triggers Nvidia Stock Plunge, Reshaping Tech Landscape

The launch of China's DeepSeek AI chatbot caused a 10% pre-market drop in Nvidia's stock price, impacting the broader tech market and highlighting a potential shift towards software-driven AI solutions despite US chip sanctions on China.

Progress

52% Bias Score

Reduced Inequality
repubblica.it
🌐 90% Global Worthiness
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Chinese AI Chatbot DeepSeek Challenges US Tech Supremacy

DeepSeek, a free Chinese AI chatbot, has become the top downloaded iPhone app in the US, challenging American AI dominance due to its powerful, affordable, and open-source models; however, its alignment with Chinese government policies raises concerns.

Progress

56% Bias Score

Reduced Inequality
bbc.com
🌐 90% Global Worthiness
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Chinese AI App DeepSeek Overtakes ChatGPT, Disrupting Global AI Market

DeepSeek, a Chinese AI app, surpassed ChatGPT to become the top free app on Apple's US, UK, and China App Stores due to its low-cost, high-performance DeepSeek-V3 model, impacting global AI market shares and raising concerns about US tech dominance.

Progress

40% Bias Score

Reduced Inequality
cnbc.com
🌐 90% Global Worthiness
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DeepSeek's Low-Cost AI Model Triggers Market Crash

The emergence of DeepSeek, a Chinese AI startup with a potentially cheaper AI model, is causing a major sell-off in AI-related stocks on Wall Street, impacting Nasdaq, S&P 500, and Dow futures.

Progress

40% Bias Score

Reduced Inequality
bbc.com
🌐 85% Global Worthiness
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Trump's Greenland Claim Highlights Global Competition for Rare Earth Minerals

President Trump's recent claim on Greenland, rejected by the territory, underscores the growing global competition for the island's vast and largely untapped mineral resources, including rare earth elements vital for various technologies.

Progress

48% Bias Score

Industry, Innovation, and Infrastructure