December 2024
January 2025
Fed Rate Cut Causes Market Plunge Amid Inflation Concerns
The Federal Reserve cut interest rates by 0.25 percentage points, defying market expectations by causing a nearly 3% stock market drop, and pushing the Australian dollar to two-year lows against the US dollar due to stronger-than-anticipated economic growth and persistent inflation.
Fed Rate Cut Causes Market Plunge Amid Inflation Concerns
The Federal Reserve cut interest rates by 0.25 percentage points, defying market expectations by causing a nearly 3% stock market drop, and pushing the Australian dollar to two-year lows against the US dollar due to stronger-than-anticipated economic growth and persistent inflation.
Progress
52% Bias Score
China's Energy Self-Sufficiency Surpasses 80%
China's energy self-sufficiency rate exceeded 80 percent in 2024 due to increased oil and gas production and a massive renewable energy expansion exceeding 300 GW this year, primarily from solar and wind power, positioning it for global clean energy leadership by 2026.
China's Energy Self-Sufficiency Surpasses 80%
China's energy self-sufficiency rate exceeded 80 percent in 2024 due to increased oil and gas production and a massive renewable energy expansion exceeding 300 GW this year, primarily from solar and wind power, positioning it for global clean energy leadership by 2026.
Progress
48% Bias Score
CPEC Shifts to Industrial Development, Boosting Pakistan's Economic Growth
The China-Pakistan Economic Corridor (CPEC) is evolving into a model for industrial development, with four special economic zones nearing completion and a focus on attracting foreign investment, particularly in the IT sector, which has seen a dramatic increase in exports from $900 million in 2018 to...
CPEC Shifts to Industrial Development, Boosting Pakistan's Economic Growth
The China-Pakistan Economic Corridor (CPEC) is evolving into a model for industrial development, with four special economic zones nearing completion and a focus on attracting foreign investment, particularly in the IT sector, which has seen a dramatic increase in exports from $900 million in 2018 to...
Progress
48% Bias Score
China and India Agree to Strengthen Ties, Resolve Border Disputes
Senior officials from China and India met in Beijing on Wednesday, agreeing to a six-point consensus to improve bilateral ties by resolving border issues and enhancing cooperation in trade and culture, marking a significant step toward de-escalation after the 2020 border conflict.
China and India Agree to Strengthen Ties, Resolve Border Disputes
Senior officials from China and India met in Beijing on Wednesday, agreeing to a six-point consensus to improve bilateral ties by resolving border issues and enhancing cooperation in trade and culture, marking a significant step toward de-escalation after the 2020 border conflict.
Progress
40% Bias Score
COP29 Sets New Climate Finance Goal; China's Role Debated
COP29 in Baku set a new climate finance goal of at least \$300 billion annually, with developed countries taking the lead; China's climate finance contribution averaged nearly \$4.5 billion yearly (2013-2022), though the quality and transparency of this finance is debated.
COP29 Sets New Climate Finance Goal; China's Role Debated
COP29 in Baku set a new climate finance goal of at least \$300 billion annually, with developed countries taking the lead; China's climate finance contribution averaged nearly \$4.5 billion yearly (2013-2022), though the quality and transparency of this finance is debated.
Progress
32% Bias Score
China Targets 5 Percent GDP Growth in 2025 with Proactive Fiscal and Monetary Policies
China aims for 5 percent GDP growth in 2025, employing a more proactive fiscal policy with a potential 4 percent deficit and a moderately loose monetary policy involving interest rate cuts to counter economic challenges.
China Targets 5 Percent GDP Growth in 2025 with Proactive Fiscal and Monetary Policies
China aims for 5 percent GDP growth in 2025, employing a more proactive fiscal policy with a potential 4 percent deficit and a moderately loose monetary policy involving interest rate cuts to counter economic challenges.
Progress
40% Bias Score
Hengqin Zone Launches, Boosting China's Global Trade
The Guangdong-Macao In-depth Cooperation Zone in Hengqin, launched March 1, 2023, boosts China's cross-border e-commerce with Portuguese-speaking countries, reaching $164.79 billion in H1 2023, part of a broader strategy to modernize trade and engage with the Global South.
Hengqin Zone Launches, Boosting China's Global Trade
The Guangdong-Macao In-depth Cooperation Zone in Hengqin, launched March 1, 2023, boosts China's cross-border e-commerce with Portuguese-speaking countries, reaching $164.79 billion in H1 2023, part of a broader strategy to modernize trade and engage with the Global South.
Progress
48% Bias Score
Dow Suffers Longest Daily Decline Since 1974 Amidst Fed Rate Uncertainty
On Wednesday, the Dow Jones Industrial Average plummeted 2.6%, marking its steepest single-day fall since 1974, extending its losing streak to ten days and leading to significant drops across other major indices; this followed the Fed's revised 2025 interest rate projections and fueled concerns over...
Dow Suffers Longest Daily Decline Since 1974 Amidst Fed Rate Uncertainty
On Wednesday, the Dow Jones Industrial Average plummeted 2.6%, marking its steepest single-day fall since 1974, extending its losing streak to ten days and leading to significant drops across other major indices; this followed the Fed's revised 2025 interest rate projections and fueled concerns over...
Progress
44% Bias Score
Youth Detention Review Shows Improvements Despite Coroner's Call for Closure
Following the death of Cleveland Dodd in Casuarina's Unit 18 on October 12, 2023, a coroner called for its closure; however, a recent review showed improvements in youth detention, including increased staffing and trauma-informed care, while still recommending Unit 18's closure and replacement.
Youth Detention Review Shows Improvements Despite Coroner's Call for Closure
Following the death of Cleveland Dodd in Casuarina's Unit 18 on October 12, 2023, a coroner called for its closure; however, a recent review showed improvements in youth detention, including increased staffing and trauma-informed care, while still recommending Unit 18's closure and replacement.
Progress
40% Bias Score
China Opens Service Sectors to Macao to Diversify Economy
China's Ministry of Commerce amended the Closer Economic Partnership Arrangement (CEPA) in October 2023, further opening mainland service sectors to Macao businesses in finance, telecommunications, and construction, aiming to diversify Macao's economy and promote regional economic growth.
China Opens Service Sectors to Macao to Diversify Economy
China's Ministry of Commerce amended the Closer Economic Partnership Arrangement (CEPA) in October 2023, further opening mainland service sectors to Macao businesses in finance, telecommunications, and construction, aiming to diversify Macao's economy and promote regional economic growth.
Progress
16% Bias Score
Fed Rate Cut Weakens Yuan, Hong Kong Mirrors Move
The U.S. Federal Reserve cut its key interest rate by 25 basis points, causing the offshore yuan to weaken to 7.3218 against the dollar; the Hong Kong Monetary Authority also reduced its base rate by 25 basis points to 4.75%; China maintained its loan prime rates, while the market anticipates furthe...
Fed Rate Cut Weakens Yuan, Hong Kong Mirrors Move
The U.S. Federal Reserve cut its key interest rate by 25 basis points, causing the offshore yuan to weaken to 7.3218 against the dollar; the Hong Kong Monetary Authority also reduced its base rate by 25 basis points to 4.75%; China maintained its loan prime rates, while the market anticipates furthe...
Progress
32% Bias Score
Sydney Rail Workers Resume Industrial Action After Court Ruling
Thousands of Sydney rail workers will immediately restart industrial action, disrupting train services after the Federal Court dismissed the NSW government's case to block work bans. The government will appeal to Fair Work to suspend the action, citing economic harm, while the RTBU states the govern...
Sydney Rail Workers Resume Industrial Action After Court Ruling
Thousands of Sydney rail workers will immediately restart industrial action, disrupting train services after the Federal Court dismissed the NSW government's case to block work bans. The government will appeal to Fair Work to suspend the action, citing economic harm, while the RTBU states the govern...
Progress
40% Bias Score