Tag #Economy

theguardian.com
🌐 85% Global Worthiness
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UK Wealth Inequality Risks Societal Collapse Within a Decade: Report

A Fairness Foundation report reveals that 63% of Britons believe the very rich have too much political influence, and experts warn that growing wealth inequality, with a 48% increase in the wealth gap between 2011 and 2019, risks societal collapse within a decade due to factors such as economic shoc...

Progress

56% Bias Score

Reduced Inequality
cnbc.com
🌐 85% Global Worthiness
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Bank of Japan Hikes Rates; S&P 500 Hits Record High Amid Trump's Davos Remarks

The Bank of Japan raised interest rates to 0.5%, the highest since 2008, strengthening the yen while the S&P 500 hit a record high due to positive investor sentiment following Trump's Davos speech advocating lower interest rates and oil prices; however, experts caution against solely relying on Trum...

Progress

36% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
🌐 85% Global Worthiness
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Social Media Investment Advice Leads to \$20,000 Loss for UK Investor

Amy Ryan, a 43-year-old from Wales, lost approximately \$20,000 after following investment advice from finance influencer Kevin Paffrath, highlighting the risks of relying on social media for financial guidance; the FTC reported nearly \$350 million in related fraud in the first half of 2023, emphas...

Progress

40% Bias Score

Reduced Inequality
corriere.it
🌐 85% Global Worthiness
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Markets Defy Doomsday Predictions on Trump's Tariffs

Despite media and economists predicting a catastrophic economic impact from potential new tariffs, financial markets remain calm, suggesting investors believe the tariffs will be a tactical move, possibly for negotiating leverage, and not an economic apocalypse. Trump's past policies and current pol...

Progress

52% Bias Score

Decent Work and Economic Growth
theguardian.com
🌐 85% Global Worthiness
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UK Farm Inheritance Tax Faces Backlash Amidst Food Security Concerns

The UK government's new inheritance tax on farms worth over £1 million is facing strong opposition from farmers and major food retailers due to concerns about food security and the tax's potential impact on family farms. The OBR questions the Treasury's revenue projections, while experts suggest the...

Progress

60% Bias Score

Reduced Inequality
welt.de
🌐 85% Global Worthiness
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Cologne's Modernization Under Adenauer: A Pragmatic Approach to Urban Planning

During the Weimar Republic, Cologne's mayor Konrad Adenauer oversaw significant modernization projects, including the Niehl harbor, the green belt, and the Mülheimer Bridge, transforming the city despite wartime damage and British occupation, showcasing a flexible approach to urban planning.

Progress

56% Bias Score

Sustainable Cities and Communities
cnbc.com
🌐 85% Global Worthiness
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Trump's DEI Order Prompts Davos Debate on Corporate Diversity Strategies

President Trump's executive order targeting federal DEI programs and potential extension to private institutions sparks debate at Davos, with CEOs navigating evolving political landscapes while maintaining commitments to diverse workforces.

Progress

56% Bias Score

Gender Equality
china.org.cn
🌐 85% Global Worthiness
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Zambia Breaks Ground on $340 Million Phosphate Plant

A $340 million phosphate processing plant, a joint venture between China's Sino Great Group and Zambia's Wonderful Group, broke ground in Chilanga, Zambia on January 25, 2024, aiming to transform phosphate resources into high-value products, create 10,500 jobs, and reduce fertilizer import dependenc...

Progress

52% Bias Score

Decent Work and Economic Growth
cnbc.com
🌐 85% Global Worthiness
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2025 Retirement Rule Changes: Increased 401(k) Limits and Inherited IRA Penalties

New 2025 retirement rules increase 401(k) contribution limits for those aged 60-63 to \$34,750 and enforce a 25% penalty on missed inherited IRA withdrawals, impacting near-retirees' financial planning. The Social Security Fairness Act eliminates provisions that reduced benefits for some public serv...

Progress

40% Bias Score

Reduced Inequality
china.org.cn
🌐 85% Global Worthiness
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China's Rise in Global Innovation: Beijing, Shanghai, and Hong Kong Among Top 10

A new report ranks Beijing, Shanghai, and Hong Kong among the world's top 10 innovation cities, highlighting China's growing technological influence; the assessment, by the Shenzhen International Science and Technology Information Center, Tsinghua University, and Elsevier, evaluated 30 cities based ...

Progress

32% Bias Score

Industry, Innovation, and Infrastructure
french.china.org.cn
🌐 85% Global Worthiness
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Davos 2025: WEF Calls for Global Cooperation Amidst Uncertainty

The 2025 World Economic Forum (WEF) annual meeting in Davos, Switzerland, concluded with a call for increased global cooperation to address economic instability, geopolitical conflicts, and rapid technological progress, as emphasized by WEF President Borge Brende and IMF Director Kristalina Georgiev...

Progress

44% Bias Score

Partnerships for the Goals
elmundo.es
🌐 85% Global Worthiness
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Spanish Government Seeks Support for Pension Increase After Omnibus Bill Rejection

The Spanish government faces a potential crisis after parliament rejected an omnibus bill including pension increases for 12 million retirees and public transport discounts, prompting efforts to secure support from Junts and the PP.

Progress

52% Bias Score

No Poverty