Tag #Economy

nrc.nl
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NS Improves Train Service Despite Poor European Ranking

NS implemented its largest timetable change in years, adding 1600 weekly trains, improving frequency on popular routes, but a recent report ranks NS poorly against European counterparts on price, passenger experience and affordable fares.

Progress

40% Bias Score

Sustainable Cities and Communities
cnbc.com
🌐 75% Global Worthiness
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Trump Appoints Ferguson as New FTC Chair, Signaling Shift in Antitrust Enforcement

President-elect Trump appointed Andrew Ferguson, a Republican FTC commissioner, as the new FTC chair, replacing Lina Khan; this is expected to result in less aggressive antitrust enforcement and potentially revive blocked mergers.

Progress

44% Bias Score

Reduced Inequality
europe.chinadaily.com.cn
🌐 75% Global Worthiness
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Brazilian Expert Highlights China's Agricultural Innovation, Future Collaboration

Brazilian agricultural expert Ana Carolina Palazzo's seven-month master's program at Renmin University of China's Suzhou campus from early 2023 provided insights into Chinese agricultural innovation, highlighting the potential for Sino-Brazilian agricultural collaboration and China's continued globa...

Progress

48% Bias Score

Reduced Inequality
zeit.de
🌐 75% Global Worthiness
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Germany's Electric Car Adoption Falls Far Short of Targets

Deloitte predicts 11.2 million electric cars in Germany by 2030, far fewer than the government's 15 million target, due to public skepticism and cancelled subsidies; a survey showed 40% support and 36% opposition to the 2035 combustion engine ban.

Progress

48% Bias Score

Climate Action
spanish.china.org.cn
🌐 75% Global Worthiness
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"China Criticizes EU's Deteriorating Business Environment for Chinese Firms"

"China criticized the European Union for creating an unfair business environment for Chinese companies, citing a report showing that 68% of surveyed businesses felt conditions worsened in the past year, and that the EU's adoption of over 40 restrictive trade measures since October 2022 is underminin...

Progress

52% Bias Score

Decent Work and Economic Growth
smh.com.au
🌐 75% Global Worthiness
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BGC Sells Cement Division to Cement Australia for $800 Million

BGC, the construction firm of deceased Len Buckeridge, sold its cementitious materials division to Cement Australia for an estimated $800 million, a key part of a divestment plan initiated in 2018 following estate disputes; the deal is expected to close in late 2025.

Progress

48% Bias Score

Industry, Innovation, and Infrastructure
smh.com.au
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Cross River Rail Cost Soars to $17 Billion, Opening Delayed to 2029

Queensland's Cross River Rail project faces a substantial cost increase, with the LNP government citing a $17 billion price tag and a 2029 completion date, compared to Labor's $5.4 billion and 2026 projections. Disagreements center on included costs and accounting practices.

Progress

44% Bias Score

Sustainable Cities and Communities
cnbc.com
🌐 75% Global Worthiness
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Cramer: Buy Oracle, Sell C3.ai

Jim Cramer recommends buying Oracle stock after a market downturn and selling C3.ai stock due to its high valuation despite slower revenue growth and ongoing losses; Oracle's strong AI and cloud businesses and partnerships with major AI companies support this recommendation, while C3.ai's partnershi...

Progress

40% Bias Score

Decent Work and Economic Growth
en.yna.co.kr
🌐 75% Global Worthiness
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South Korea's Job Growth Slows to 123,000 in November Amid Sectoral Declines

South Korea added 123,000 jobs in November 2024, a slowdown from earlier in the year and attributed to losses in construction (-96,000), wholesale and retail (-89,000), and manufacturing (-95,000), while public health and social welfare saw growth (113,000).

Progress

32% Bias Score

Decent Work and Economic Growth
elmundo.es
🌐 75% Global Worthiness
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Podemos Threatens Instability After Energy Tax Deal Falters

Podemos secured a promise from the Spanish government to negotiate a permanent tax on energy companies in exchange for supporting a tax reform; however, due to opposition from Junts and PNV, the government now deems an agreement improbable, leading to rising tensions and threats from Podemos to dest...

Progress

40% Bias Score

Affordable and Clean Energy
china.org.cn
🌐 75% Global Worthiness
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China's Foreign Trade Grows 4.9% in First 11 Months of 2024

China's total goods imports and exports increased by 4.9 percent year-on-year to 39.79 trillion yuan (5.6 trillion USD) in the first 11 months of 2024, driven by robust export growth in key sectors and diversified trade partnerships. Private enterprises led the growth, and government policies aim to...

Progress

48% Bias Score

Decent Work and Economic Growth
smh.com.au
🌐 75% Global Worthiness
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NSW Approves $209 Million Build-to-Rent Tower, Bypassing Local Council

A $209 million, 43-story tower including 272 build-to-rent apartments, 10 affordable units, and 84 serviced apartments in Sydney's St Leonards was approved, reflecting NSW's expedited housing development plan bypassing local councils, causing controversy.

Progress

48% Bias Score

Sustainable Cities and Communities