Showing 13 to 24 of 41 results
Japan, U.S. Agree on Dollar-Yen Exchange Rate
Japanese Finance Minister Katsunobu Kato and U.S. Treasury Secretary Scott Bessent agreed in Banff, Canada, that the current dollar-yen exchange rate reflects economic fundamentals, reaffirming their commitment to market-determined exchange rates amidst ongoing bilateral tariff negotiations.
Japan, U.S. Agree on Dollar-Yen Exchange Rate
Japanese Finance Minister Katsunobu Kato and U.S. Treasury Secretary Scott Bessent agreed in Banff, Canada, that the current dollar-yen exchange rate reflects economic fundamentals, reaffirming their commitment to market-determined exchange rates amidst ongoing bilateral tariff negotiations.
Progress
0% Bias Score
Buffett Retires: Abel to Lead Berkshire Hathaway
At Berkshire Hathaway's annual meeting, 94-year-old Warren Buffett announced his retirement as CEO, handing the reins to Greg Abel; while expressing concerns about U.S. fiscal policy and inflation, Buffett remained optimistic about the country's economic future.
Buffett Retires: Abel to Lead Berkshire Hathaway
At Berkshire Hathaway's annual meeting, 94-year-old Warren Buffett announced his retirement as CEO, handing the reins to Greg Abel; while expressing concerns about U.S. fiscal policy and inflation, Buffett remained optimistic about the country's economic future.
Progress
44% Bias Score
Brazil Food Inflation Reaches 7% Amidst Dollar Rise and Climate Change Impacts
Brazil's food inflation hit 7% year-on-year in February 2024, driven by a 24% rise in the dollar, climate change (El Niño), and increased demand; the government is implementing tax cuts and banking on a large harvest in 2025.
Brazil Food Inflation Reaches 7% Amidst Dollar Rise and Climate Change Impacts
Brazil's food inflation hit 7% year-on-year in February 2024, driven by a 24% rise in the dollar, climate change (El Niño), and increased demand; the government is implementing tax cuts and banking on a large harvest in 2025.
Progress
16% Bias Score
\"Iranian Economic Crisis Drastically Reduces Nowruz Travel\"\
Soaring inflation and currency devaluation in Iran have significantly reduced Nowruz travel, with many opting for budget destinations or foregoing travel altogether, resulting in a projected 50-60% decrease in trips compared to previous years.
\"Iranian Economic Crisis Drastically Reduces Nowruz Travel\"\
Soaring inflation and currency devaluation in Iran have significantly reduced Nowruz travel, with many opting for budget destinations or foregoing travel altogether, resulting in a projected 50-60% decrease in trips compared to previous years.
Progress
40% Bias Score
Turkish Industrial Sector Faces Crisis Amidst Inflationary Pressures
Turkey's industrial sector faces severe challenges due to government policies aimed at lowering inflation, leading to a competitiveness crisis and a surge in bankruptcies, according to TIM head Mustafa Gültepe, who calls for policy adjustments to prevent economic instability.
Turkish Industrial Sector Faces Crisis Amidst Inflationary Pressures
Turkey's industrial sector faces severe challenges due to government policies aimed at lowering inflation, leading to a competitiveness crisis and a surge in bankruptcies, according to TIM head Mustafa Gültepe, who calls for policy adjustments to prevent economic instability.
Progress
48% Bias Score
Belarus Sees $1.5 Billion Foreign Currency Surplus Amidst Domestic Holding Preferences
Belarus' National Bank reported a $1.5 billion surplus in foreign currency sales over purchases in 2022, driven by a real estate boom requiring Belarusian ruble transactions and increased foreign employment among Belarusians, despite many still preferring to hold foreign currency domestically.
Belarus Sees $1.5 Billion Foreign Currency Surplus Amidst Domestic Holding Preferences
Belarus' National Bank reported a $1.5 billion surplus in foreign currency sales over purchases in 2022, driven by a real estate boom requiring Belarusian ruble transactions and increased foreign employment among Belarusians, despite many still preferring to hold foreign currency domestically.
Progress
48% Bias Score
Moody's Downgrade Fuels 'Sell America' Trade, Dollar Plunges 10.6%
Moody's credit rating downgrade triggered increased selling of U.S. assets, contributing to a 10.6% drop in the U.S. dollar index since January, driven by trade uncertainties, ballooning fiscal debt, and waning confidence in U.S. exceptionalism.
Moody's Downgrade Fuels 'Sell America' Trade, Dollar Plunges 10.6%
Moody's credit rating downgrade triggered increased selling of U.S. assets, contributing to a 10.6% drop in the U.S. dollar index since January, driven by trade uncertainties, ballooning fiscal debt, and waning confidence in U.S. exceptionalism.
Progress
52% Bias Score
US-China Trade War: Potential Impacts on the Russian Economy
The US-China trade war, with tariffs reaching 125% on Chinese goods to the US and 84% on US goods to China, may redirect Chinese exports to Russia, potentially lowering prices but also impacting Russia's 2025 budget by over a trillion rubles, according to Bloomberg Economics.
US-China Trade War: Potential Impacts on the Russian Economy
The US-China trade war, with tariffs reaching 125% on Chinese goods to the US and 84% on US goods to China, may redirect Chinese exports to Russia, potentially lowering prices but also impacting Russia's 2025 budget by over a trillion rubles, according to Bloomberg Economics.
Progress
36% Bias Score
Indonesia's Economy Faces Headwinds Amid Market Losses
Indonesia's stock and currency markets suffered significant losses on March 18th, with the Jakarta Composite Index plummeting 7.1 percent and the rupiah reaching its weakest level since 1998, reflecting concerns over local policies, US tariffs, and falling commodity prices, which caused Indonesia's ...
Indonesia's Economy Faces Headwinds Amid Market Losses
Indonesia's stock and currency markets suffered significant losses on March 18th, with the Jakarta Composite Index plummeting 7.1 percent and the rupiah reaching its weakest level since 1998, reflecting concerns over local policies, US tariffs, and falling commodity prices, which caused Indonesia's ...
Progress
44% Bias Score
Surge in Counterfeit Currency Reported in Sachsen-Anhalt
In 2024, Sachsen-Anhalt, Germany, saw a significant rise in counterfeit currency, with 1,104 fake banknotes totaling €78,500 discovered, compared to 776 totaling €30,500 in 2023; this increase, primarily in €50 notes, mirrors a national trend despite an overall decrease in the national financial los...
Surge in Counterfeit Currency Reported in Sachsen-Anhalt
In 2024, Sachsen-Anhalt, Germany, saw a significant rise in counterfeit currency, with 1,104 fake banknotes totaling €78,500 discovered, compared to 776 totaling €30,500 in 2023; this increase, primarily in €50 notes, mirrors a national trend despite an overall decrease in the national financial los...
Progress
12% Bias Score
Rise in Counterfeit Banknotes and Coins in Germany in 2024
German authorities removed 72,400 counterfeit banknotes and 141,300 counterfeit coins from circulation in 2024, representing a 28% increase in banknotes and a 22% increase in coins compared to 2023; however, financial losses from counterfeit banknotes decreased by 12% to €4.5 million due to the incr...
Rise in Counterfeit Banknotes and Coins in Germany in 2024
German authorities removed 72,400 counterfeit banknotes and 141,300 counterfeit coins from circulation in 2024, representing a 28% increase in banknotes and a 22% increase in coins compared to 2023; however, financial losses from counterfeit banknotes decreased by 12% to €4.5 million due to the incr...
Progress
20% Bias Score
Global Stocks Steady Despite AI and Tariff Threats
Global stocks showed resilience on Friday, recovering from a dip caused by a new Chinese AI model and the threat of US tariffs on Canada and Mexico; however, the uncertainty remains high.
Global Stocks Steady Despite AI and Tariff Threats
Global stocks showed resilience on Friday, recovering from a dip caused by a new Chinese AI model and the threat of US tariffs on Canada and Mexico; however, the uncertainty remains high.
Progress
40% Bias Score
Showing 13 to 24 of 41 results