Tag #Economy

elpais.com
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Renfe Ranks Seventh in European Railway Ranking: High Fares, Punctuality Highlight Need for Systemic Change

A new ranking by Transport & Environment (T&E) assesses 27 European railway companies, revealing Renfe's strong punctuality but high fares and limited services compared to competitors like Trenitalia, highlighting the need for systemic changes to boost rail's competitiveness.

Progress

36% Bias Score

Climate Action
elpais.com
🌐 75% Global Worthiness
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"Spain's Economic Measures to Heavily Impact SMEs in 2025"

"Spain's government plans to raise the minimum wage by around 4% in 2025, reduce the maximum legal workweek to 37.5 hours, and increase social security contributions, leading to concerns from Spain's SME employers' association (Cepyme) about the impact on smaller businesses, whose labor costs are al...

Progress

48% Bias Score

Decent Work and Economic Growth
smh.com.au
🌐 75% Global Worthiness
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Marmota's Campfire Bore Delivers High-Grade Gold Hits, Expanding Drilling Program

Marmota Ltd. discovered high-grade gold at its Campfire Bore project in South Australia, with hits including 16g/t over 4m from 56m, prompting an expanded drilling program from 16,500m to over 20,000m and suggesting significant growth potential for the company.

Progress

48% Bias Score

Decent Work and Economic Growth
lemonde.fr
🌐 75% Global Worthiness
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Failed Merger Highlights Tech Giants' Dominance in Advertising

The failed 2013 merger between Publicis and Omnicom unexpectedly propelled Publicis to global leadership in advertising, while Omnicom's new attempt to acquire Interpublic highlights the challenges faced by traditional agencies amidst the rise of tech giants like Google, Amazon, Meta, Alibaba, and B...

Progress

44% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
🌐 75% Global Worthiness
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Canada's Rising Unemployment Rate Masks Persistent Labor Shortages

Despite Canada's unemployment rate rising to 6.9 percent in November 2023 from 4.9 percent in summer 2022, 80 percent of employers still struggle to fill roles, with most of the unemployment concentrated among young and new Canadian workers in specific sectors impacted by high interest rates and inf...

Progress

48% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
🌐 75% Global Worthiness
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Global Equities Steady Amid Geopolitical Uncertainty

Global shares held steady Friday as investors looked to U.S. inflation data expected this week to potentially trigger a Federal Reserve interest-rate cut; oil prices rose due to China's easing monetary policy and uncertainty after the fall of Syrian President Bashar al-Assad.

Progress

16% Bias Score

Decent Work and Economic Growth
cincodias.elpais.com
🌐 75% Global Worthiness
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Spain's Mortgage Rates Hit Second-Lowest in Europe

As of late October, Spain had the second-lowest average mortgage interest rate in Europe at 3.2%, a decrease from a high of 3.94% in October 2023 and lower than the Eurozone average of 3.5%, driven by the ECB's policy changes and market anticipations, influencing borrowing costs and impacting the ho...

Progress

44% Bias Score

Reduced Inequality
elpais.com
🌐 75% Global Worthiness
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Outdated Laws Hamper Spain's Flood Recovery

Devastating floods in Spain's Valencia, Castilla-La Mancha, and Andalusia regions have claimed 230 lives and severely damaged tens of thousands of businesses, prompting calls to modernize Spain's antiquated civil code to aid in recovery and adapt to unforeseen events like catastrophic weather.

Progress

36% Bias Score

Decent Work and Economic Growth
bbc.com
🌐 75% Global Worthiness
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"Pope Francis Unveils New Electric Popemobile: A Gift from Mercedes-Benz"

"Pope Francis received a custom electric Mercedes-Benz G-Class, equipped with comfort features and designed for low speeds, as a gift from the company; this reflects the Pope's commitment to environmentalism and is part of a broader global trend towards electric vehicles."

Progress

40% Bias Score

Climate Action
lemonde.fr
🌐 75% Global Worthiness
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Eurasian Economic Forum Relocates to UAE Amidst Sanctions

The Eurasian Economic Forum, previously held in Italy, relocated to Ras Al-Khaima, UAE, from December 5-6, 2024, attracting 1000 participants from 40 countries due to Western sanctions on Russia following its military operation in Ukraine; the UAE's burgeoning role as a Russian financial hub, partic...

Progress

36% Bias Score

Reduced Inequality
theglobeandmail.com
🌐 75% Global Worthiness
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Canada's Aviation System Receives Failing Grade Amidst Staff Shortages

A report by Canadian pilot and air traffic controller unions reveals a concerning decline in Canada's aviation system, receiving a score of 64/100 in an ICAO audit due to staff shortages and a profit-first approach, impacting flight reliability and particularly affecting remote communities.

Progress

44% Bias Score

Industry, Innovation, and Infrastructure
zeit.de
🌐 75% Global Worthiness
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German Court Sentences 'Mourning Swindler' to 5.5 Years

A German court sentenced a 50-year-old man, known as the "mourning swindler", to five years and six months in prison for defrauding three women of approximately €260,000 between 2016 and 2018, exploiting their emotional vulnerability following bereavements; the judge criticized the justice system's ...

Progress

40% Bias Score

Peace, Justice, and Strong Institutions