Tag #Privatization

cnbc.com
🌐 75% Global Worthiness
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Nordstrom Raises Sales Outlook After Strong Holiday Season

Nordstrom raised its full-year sales outlook to 1.5%-2.5% growth after exceeding holiday sales expectations, driven by competitive pricing and a strong product offering; however, profit guidance remained unchanged, and a buyout deal is planned for the first half of 2025.

Progress

36% Bias Score

Decent Work and Economic Growth
themarker.com
🌐 75% Global Worthiness
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Debate on Privatizing Israeli Broadcasting Corporation: Economic Viability and Public Discourse

Guy Rolnik's critique of Israeli Broadcasting Corporation's privatization fuels a debate about its economic viability and role in shaping public discourse, raising concerns about cost to taxpayers and its effectiveness in the current media landscape.

Progress

56% Bias Score

Reduced Inequality
nrc.nl
🌐 75% Global Worthiness
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Dutch Parliament Defies EU, Keeps Volksbank State-Owned

The Dutch Parliament voted to maintain Volksbank as a state-owned bank, defying the finance minister and potentially violating previous agreements with the European Commission requiring privatization after the 2013 financial crisis.

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44% Bias Score

Decent Work and Economic Growth
dw.com
🌐 85% Global Worthiness
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Republika Srpska's Power Plants Face Collapse Due to Mismanagement

Mismanagement and neglect of Republika Srpska's power system, coupled with concessions granted to private companies, caused coal shortages at Ugljevik and Gacko power plants, forcing the state-owned Elektroprivreda RS to import electricity and request price hikes, incurring daily losses of approxima...

Progress

56% Bias Score

Affordable and Clean Energy
dailymail.co.uk
🌐 75% Global Worthiness
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UK Water Bills to Rise by £94 (21%) Over Five Years

England and Wales will see an average £94 (21%) water bill increase over five years, starting April 2025, to fund infrastructure upgrades despite concerns over affordability and potential consumer anger, following negotiations between Ofwat and water companies.

Progress

48% Bias Score

Clean Water and Sanitation
zeit.de
🌐 75% Global Worthiness
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Erzgebirgskreis Sells Fichtelberghaus to Private Investor for €1.975 Million

The Erzgebirgskreis sold the Fichtelberghaus, a popular tourist destination in Saxony's Erzgebirge, to Fichtelberghaus Invest GmbH for €1.975 million, due to high renovation costs. The sale includes a clause ensuring continued operation as a restaurant and hotel, while a separate smaller plot was so...

Progress

48% Bias Score

Sustainable Cities and Communities
elpais.com
🌐 75% Global Worthiness
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Impsa Privatization: Argentina Sells State-Owned Metalworks Company

Argentina privatized its state-owned metalworks company, Impsa, selling 85% of its shares to Arc Energy for $27 million, aiming for a zero-deficit budget and despite a $600 million debt.

Progress

48% Bias Score

Decent Work and Economic Growth
cnbc.com
🌐 75% Global Worthiness
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Nordstrom to Go Private in \$6.25 Billion Deal

Nordstrom, founded in 1901, will become a privately held company in a \$6.25 billion deal with the Nordstrom family (50.1%) and El Puerto de Liverpool (49.9%), closing in the first half of 2025; current shareholders will receive \$24.25 per share.

Progress

44% Bias Score

Decent Work and Economic Growth
dailymail.co.uk
🌐 85% Global Worthiness
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Kretinsky's Royal Mail Takeover Approved, Raising Financial and Security Concerns

The UK government approved Daniel Kretinsky's £3.6 billion takeover of Royal Mail on Friday, despite concerns about his Russian business ties and the deal's financing, requiring 75 percent shareholder approval and including guarantees to protect the postal service.

Progress

40% Bias Score

Decent Work and Economic Growth
dw.com
🌐 85% Global Worthiness
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Republika Srpska's Energy Crisis: Coal Shortages and Price Hikes

Mismanagement of Republika Srpska's power system, marked by the granting of coalfield concessions to private companies, has led to coal shortages at Ugljevik and Gacko thermal power plants, forcing the region to switch from electricity exporter to importer and resulting in a 7.9% price hike for hous...

Progress

44% Bias Score

Affordable and Clean Energy
jpost.com
🌐 85% Global Worthiness
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EBU Warns of Severe Consequences if Israel Privatizes Public Broadcaster

The EBU chairman expressed deep concern over Israel's plan to privatize or defund its public broadcaster, Kan, warning of damage to Israel's media landscape, democratic foundations, and international reputation, including the loss of Kan's participation in Eurovision and access to international news...

Progress

60% Bias Score

Peace, Justice, and Strong Institutions
welt.de
🌐 75% Global Worthiness
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Wissing Opposes Deutsche Bahn Split, Prioritizing Funding for Track Renovations

German Verkehrsminister Volker Wissing opposes splitting Deutsche Bahn, prioritizing securing funding for crucial track renovations over increased competition; 700 million Euro in subsidies are currently blocked, jeopardizing projects and potentially causing delays and cost overruns.

Progress

44% Bias Score

Industry, Innovation, and Infrastructure