Tag #Economy

dw.com
🌐 75% Global Worthiness
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Srebrenica Faces 7 Million KM Budget Deficit After Local Elections

Following the October 2024 Bosnian local elections, Srebrenica's newly formed council, led by President Almir Dudić and Vice-President Radomir Pavlović, faces a significant budget deficit exceeding 7 million KM due to prior mismanagement, demanding immediate financial reforms and collaborative effor...

Progress

44% Bias Score

No Poverty
dw.com
🌐 75% Global Worthiness
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VW Weighs Shifting Electric Bus Production to Poland Amid Cost-Cutting Plan

Volkswagen is considering moving all or part of its ID.Buzz electric bus production from its Hanover plant to its Poznan facility in Poland to reduce costs amid a broader restructuring, while negotiations with IG Metall continue.

Progress

44% Bias Score

Decent Work and Economic Growth
zeit.de
🌐 75% Global Worthiness
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Bavarian Construction Industry Faces Sharp Decline in 2024

Bavarian construction firms are experiencing a significant downturn, with projected revenue declines of 3-5% in 2024 and 56% of firms anticipating further decreases in 2025 due to decreased orders across all sectors, including housing, public works, and commercial construction, stemming from increas...

Progress

40% Bias Score

Decent Work and Economic Growth
elmundo.es
🌐 75% Global Worthiness
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Spanish Farmers Protest EU-Mercosur Trade Deal, Citing Insufficient Government Support

Spanish farmers' unions ASAJA and COAG are protesting in Madrid on December 16th, 2024, against insufficient government responses to their issues, particularly concerning the recently signed EU-Mercosur trade agreement, which exacerbates existing problems with unfair competition from imports.

Progress

56% Bias Score

Zero Hunger
elmundo.es
🌐 75% Global Worthiness
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Supreme Court Upholds Tenants' Right to Buy Social Housing from Blackstone

The Spanish Supreme Court ruled that four tenants of social housing sold by EMVS to Blackstone's Fidere in 2013 can buy their homes at the original price due to a legal distinction between grouped and joint sales; the sale excluded 44 garages, not fulfilling the requirement of a joint sale to exclud...

Progress

8% Bias Score

Reduced Inequality
china.org.cn
🌐 75% Global Worthiness
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Cambodia Launches Packaging Center to Boost Food Industry Sustainability

Cambodia launched the Cambodia Packaging Center (CPC) on December 8th to enhance food industry competitiveness and sustainability by providing innovative packaging solutions; this is part of the EU-funded CAPFISH-Capture project, implemented by the Fisheries Administration and UNIDO.

Progress

16% Bias Score

Responsible Consumption and Production
euronews.com
🌐 75% Global Worthiness
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Crédit Agricole Boosts Banco BPM Stake, Shares Surge

Crédit Agricole is increasing its stake in Banco BPM from 9.9% to 15.1%, causing Banco BPM shares to rise over 2%—the highest since January 2016—following a rejected takeover bid from UniCredit last month and amid Banco BPM's own expansion efforts, including a bid for Anima Holding and potential mer...

Progress

44% Bias Score

Decent Work and Economic Growth
zeit.de
🌐 75% Global Worthiness
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Bavaria Increases BayernLB Stake to Meet EU Banking Rules

To meet European banking regulations, Bavaria will raise its stake in BayernLB from 75% to over 80%, converting a €1.7 billion silent contribution into core capital, a move that avoids further capital injections unlike in Hessen.

Progress

40% Bias Score

Decent Work and Economic Growth
theguardian.com
🌐 75% Global Worthiness
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ISS Rejects Mike Ashley's Boohoo Board Bid

Institutional Shareholder Services (ISS) recommended against Mike Ashley joining Boohoo's board, rejecting his bid to control the struggling retailer despite his 28% stake and accusations of mismanagement. This follows Boohoo's recent CEO replacement and Ashley's own company, Frasers Group, issuing ...

Progress

36% Bias Score

Decent Work and Economic Growth
elpais.com
🌐 75% Global Worthiness
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Madrid Rejects National Program to Stabilize University Lecturers

The Madrid regional government rejected a national program to stabilize 1,091 assistant lecturer positions in its public universities, defying a nationwide agreement and jeopardizing 169.8 million euros in national funding; the regional government proposes alternative uses for the funds.

Progress

60% Bias Score

Quality Education
kathimerini.gr
🌐 75% Global Worthiness
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Greece Intervenes in Banking Sector to Address Low Rates, High Fees, and Slow Mortgages

The Greek government is intervening in its banking sector to address low deposit rates (1.84% vs. Eurozone average of 2.76%), high bank fees, and slow mortgage lending, aiming to pressure banks into fulfilling their social responsibilities, as stated by Prime Minister Kyriakos Mitsotakis.

Progress

32% Bias Score

Reduced Inequality
china.org.cn
🌐 75% Global Worthiness
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China Outlines 2025 Economic Plan, Emphasizing Growth and Stability

China's Communist Party Central Committee met on December 9, 2024, to plan for 2025, focusing on proactive fiscal and monetary policies, technological innovation, and anti-corruption measures to achieve the 14th Five-Year Plan's objectives.

Progress

36% Bias Score

Decent Work and Economic Growth