Tag #Economy

welt.de
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MSC's Sustainability Goals Under Scrutiny Amidst Overfishing and Climate Change

The Marine Stewardship Council (MSC), a leading certifier of sustainable fisheries, is facing criticism for failing to meet its targets, with only 16% of global wild-caught fish currently certified, despite efforts to improve unsustainable fisheries. Climate change and overfishing exacerbate the pro...

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56% Bias Score

Life Below Water
euronews.com
🌐 75% Global Worthiness
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Trump's Davos Address: Economic Rhetoric vs. Reality

In a World Economic Forum address, Donald Trump criticized the US trade deficit, threatened tariffs, claimed trillions in foreign investment, and advocated for lower interest rates—policies economists deem contradictory and potentially harmful.

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52% Bias Score

Decent Work and Economic Growth
nbcnews.com
🌐 75% Global Worthiness
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AmEx Q4 Spending Surges 8%, Driven by Millennial and Gen Z Spending

American Express's fourth-quarter 2023 card spending surged 8% year-over-year, fueled by a 16% jump in transactions from millennials and Gen Z, exceeding growth from older demographics and indicating continued strength in travel and entertainment spending, particularly in premium segments.

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36% Bias Score

Reduced Inequality
abcnews.go.com
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Ukrainian Wines and Vodkas Launch in U.S., Supporting Mine Removal

Spyrt Worldwide, a new U.S. import company, is launching Ukrainian wines and vodkas, with a portion of profits benefiting a veteran-run mine removal nonprofit; this aims to showcase Ukraine's culture beyond the war.

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48% Bias Score

Decent Work and Economic Growth
welt.de
🌐 75% Global Worthiness
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Plancraft: Streamlining Handicraft Businesses with Cloud-Based Software

Plancraft, a German software startup, created cloud-based software for small-scale handicraft businesses, addressing the industry's low digital adoption; the software streamlines quoting and invoicing, costing under 30 Euros monthly, and is expanding to other European countries.

Progress

56% Bias Score

Decent Work and Economic Growth
elpais.com
🌐 75% Global Worthiness
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Spain's Outdated Electrical Systems Hamper Energy Transition

Outdated electrical systems in approximately 80% of Spanish homes hinder the energy transition, posing safety risks and requiring significant modernization to accommodate new technologies like heat pumps and electric vehicle charging, despite limited government support.

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32% Bias Score

Affordable and Clean Energy
forbes.com
🌐 75% Global Worthiness
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1907 Banking Panic: Government Policy and the Birth of the Federal Reserve

The 1907 US banking panic, triggered by insufficient bank reserves due to government regulations mandating high federal bond holdings, resulted in the creation of the Federal Reserve System.

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60% Bias Score

Decent Work and Economic Growth
taz.de
🌐 75% Global Worthiness
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New China Shipping Route Sparks Hopes for Wilhelmshaven Port

The Chinese container ship "Kawa Ningbo" inaugurated a new express shipping route between Ningbo and Wilhelmshaven, carrying parts for CATL and BYD factories in Hungary, raising hopes for the underperforming German deep-water port.

Progress

40% Bias Score

Industry, Innovation, and Infrastructure
kathimerini.gr
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Greek Household Disposable Income Soars in Q2 and Q3 2024

Greek household disposable income surged 5.1% in Q2 and 7.3% in Q3 2024 compared to 2023, driven by increased wages and property income, while savings turned positive in Q3, albeit marginally, indicating a complex interplay of economic factors and a potential shift in financial patterns; the tourism...

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36% Bias Score

No Poverty
zeit.de
🌐 75% Global Worthiness
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X's Financial Troubles: Musk Denies Report of Internal Email Detailing Revenue Shortfalls

Elon Musk reportedly expressed concern over X's financial state in an internal email, citing stagnant user growth and low revenue; though Musk denies sending this email. The Wall Street Journal reports that the platform's revenue has halved due to advertisers leaving, but some have returned, improvi...

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48% Bias Score

Reduced Inequality
cnbc.com
🌐 75% Global Worthiness
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Cramer's Trust Sells Stanley Black & Decker Shares Amidst Market Overbought Signal

Jim Cramer's Charitable Trust sold 250 Stanley Black & Decker shares at ~$90.54 on Friday, decreasing its holdings to 510 shares (1.25% portfolio weighting) due to an overbought market (S&P Short Range Oscillator >4%), concerns about potential tariffs, and the company's projected long-term operating...

Progress

56% Bias Score

Decent Work and Economic Growth
cnbc.com
🌐 75% Global Worthiness
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Venture Global IPO Downsized Amidst Cautious Investor Sentiment

Venture Global's initial public offering (IPO) was significantly downsized, reducing its fundraising target from $2.15 billion to $1.75 billion and its market capitalization from $110 billion to $60 billion due to investor pushback against its initial high valuation, highlighting a cautious IPO mark...

Progress

48% Bias Score

Decent Work and Economic Growth