Showing 1 to 12 of 15 results
Eurozone Cash Paradox: Rising Cash Despite Digital Payments
Despite the increasing use of digital payments in the Eurozone, the volume of physical cash in circulation reached €1.564 trillion in March 2025, a €300 billion increase since the start of the pandemic, raising concerns about potential illicit activities.
Eurozone Cash Paradox: Rising Cash Despite Digital Payments
Despite the increasing use of digital payments in the Eurozone, the volume of physical cash in circulation reached €1.564 trillion in March 2025, a €300 billion increase since the start of the pandemic, raising concerns about potential illicit activities.
Progress
24% Bias Score
European Authorities Emphasize Importance of Cash Savings Amidst Recent Crises
Amidst recent crises, including the COVID-19 pandemic, the war in Ukraine, and widespread power outages, European authorities and experts recommend keeping cash on hand for emergencies, citing increased consumer demand for banknotes during crises.
European Authorities Emphasize Importance of Cash Savings Amidst Recent Crises
Amidst recent crises, including the COVID-19 pandemic, the war in Ukraine, and widespread power outages, European authorities and experts recommend keeping cash on hand for emergencies, citing increased consumer demand for banknotes during crises.
Progress
16% Bias Score
Bank of England Banknote Redesign: Over 2,000 Responses in One Day
The Bank of England's call for public input on a banknote redesign sparked over 2,000 responses within a day, with suggestions ranging from historical figures and landmarks to animals, classic TV shows, and even mobile phones, reflecting diverse national preferences and nostalgia.
Bank of England Banknote Redesign: Over 2,000 Responses in One Day
The Bank of England's call for public input on a banknote redesign sparked over 2,000 responses within a day, with suggestions ranging from historical figures and landmarks to animals, classic TV shows, and even mobile phones, reflecting diverse national preferences and nostalgia.
Progress
36% Bias Score
Cash Hoarding in the Eurozone: A Paradox of Rising Currency Despite Reduced Use
The Eurozone's physical currency in circulation is rising to €1.564 trillion despite decreased daily use, driven by hoarding due to economic uncertainty, and involvement in shadow economies.
Cash Hoarding in the Eurozone: A Paradox of Rising Currency Despite Reduced Use
The Eurozone's physical currency in circulation is rising to €1.564 trillion despite decreased daily use, driven by hoarding due to economic uncertainty, and involvement in shadow economies.
Progress
40% Bias Score
Investor Flight to Cash Amid Market Volatility Raises Long-Term Growth Concerns
Amid recent stock market turmoil caused by trade tensions, investors are moving to cash, prioritizing short-term safety over long-term growth, potentially jeopardizing their financial goals; however, financial advisors recommend a balanced approach based on individual risk tolerance and time horizon...
Investor Flight to Cash Amid Market Volatility Raises Long-Term Growth Concerns
Amid recent stock market turmoil caused by trade tensions, investors are moving to cash, prioritizing short-term safety over long-term growth, potentially jeopardizing their financial goals; however, financial advisors recommend a balanced approach based on individual risk tolerance and time horizon...
Progress
56% Bias Score
RBA Admits Delayed Interest Rate Hikes During 2022 Inflation Surge
Reserve Bank of Australia Governor Michele Bullock admitted the bank was too slow to raise interest rates during the 2022 inflation surge, which peaked at 7.8 percent in December, and that this delay influenced its recent decision to cut rates, the first such reduction in over four years. The RBA's ...
RBA Admits Delayed Interest Rate Hikes During 2022 Inflation Surge
Reserve Bank of Australia Governor Michele Bullock admitted the bank was too slow to raise interest rates during the 2022 inflation surge, which peaked at 7.8 percent in December, and that this delay influenced its recent decision to cut rates, the first such reduction in over four years. The RBA's ...
Progress
36% Bias Score
ECB Recommends Holding 72 Hours of Cash for Emergencies
The European Central Bank (ECB) advises European citizens to keep enough cash to cover essential needs for 72 hours, citing instances where digital systems fail during crises like the COVID-19 pandemic and the 2022 Ukraine invasion.
ECB Recommends Holding 72 Hours of Cash for Emergencies
The European Central Bank (ECB) advises European citizens to keep enough cash to cover essential needs for 72 hours, citing instances where digital systems fail during crises like the COVID-19 pandemic and the 2022 Ukraine invasion.
Progress
36% Bias Score
Australia urged to phase out cash to curb \$10 billion tax evasion
Professor Richard Holden proposes a three-year phase-out of cash in Australia to combat a \$10 billion annual loss in GST revenue due to tax evasion, while Reserve Bank officials express concerns about the viability of the nation's cash distribution system.
Australia urged to phase out cash to curb \$10 billion tax evasion
Professor Richard Holden proposes a three-year phase-out of cash in Australia to combat a \$10 billion annual loss in GST revenue due to tax evasion, while Reserve Bank officials express concerns about the viability of the nation's cash distribution system.
Progress
48% Bias Score
Eurozone Cash Hoarding Paradox: €400 Billion Held in Private Households
The Eurozone's circulating cash reached €1.564 trillion in March 2023, a €300 billion increase since the start of the pandemic, primarily due to hoarding driven by uncertainty; 42% of German banknotes are held for this purpose.
Eurozone Cash Hoarding Paradox: €400 Billion Held in Private Households
The Eurozone's circulating cash reached €1.564 trillion in March 2023, a €300 billion increase since the start of the pandemic, primarily due to hoarding driven by uncertainty; 42% of German banknotes are held for this purpose.
Progress
40% Bias Score
Treasury Committee Report Warns of UK's Declining Cash Acceptance Impacting Vulnerable Groups
A Treasury Committee report warns that the UK's declining cash acceptance disproportionately harms vulnerable groups, including the poor, elderly, disabled, and victims of economic abuse, urging a government review to prevent a two-tiered society.
Treasury Committee Report Warns of UK's Declining Cash Acceptance Impacting Vulnerable Groups
A Treasury Committee report warns that the UK's declining cash acceptance disproportionately harms vulnerable groups, including the poor, elderly, disabled, and victims of economic abuse, urging a government review to prevent a two-tiered society.
Progress
64% Bias Score
Germany Rejects Cash Ban Rumors Amidst Public Outcry
Despite a declining trend, 51% of transactions in Germany were conducted in cash in 2023; recent false claims of an impending cash ban, fueled by the new coalition agreement, have caused public outcry, with the government and EU affirming their commitment to maintaining cash.
Germany Rejects Cash Ban Rumors Amidst Public Outcry
Despite a declining trend, 51% of transactions in Germany were conducted in cash in 2023; recent false claims of an impending cash ban, fueled by the new coalition agreement, have caused public outcry, with the government and EU affirming their commitment to maintaining cash.
Progress
48% Bias Score
Software Failure Spurs Cash Rush, Underscoring Need for Payment Diversity
A major software failure caused widespread digital payment disruptions, leading to a 30% surge in U.K. ATM withdrawals and highlighting the ongoing importance of cash as a backup payment method amid growing concerns about digital security and privacy.
Software Failure Spurs Cash Rush, Underscoring Need for Payment Diversity
A major software failure caused widespread digital payment disruptions, leading to a 30% surge in U.K. ATM withdrawals and highlighting the ongoing importance of cash as a backup payment method amid growing concerns about digital security and privacy.
Progress
36% Bias Score
Showing 1 to 12 of 15 results