US Faces Debt Ceiling Crisis in January 2025
Treasury Secretary Janet Yellen warned Congress that the federal government may hit its $31.4 trillion debt ceiling between January 14 and 23, 2025, requiring "extraordinary measures" to avoid default unless Congress acts; President Trump recently supported abolishing the debt ceiling.
US Faces Debt Ceiling Crisis in January 2025
Treasury Secretary Janet Yellen warned Congress that the federal government may hit its $31.4 trillion debt ceiling between January 14 and 23, 2025, requiring "extraordinary measures" to avoid default unless Congress acts; President Trump recently supported abolishing the debt ceiling.
Progress
52% Bias Score
US Debt Ceiling Reinstatement Looms, Raising Specter of Default
The US debt ceiling will be reinstated on January 2, 2025, at roughly \$36.2 trillion, prompting the Treasury to use temporary measures to avoid default. House Republicans propose a \$1.5 trillion increase paired with spending cuts, potentially creating a future crisis. A default could delay Social ...
US Debt Ceiling Reinstatement Looms, Raising Specter of Default
The US debt ceiling will be reinstated on January 2, 2025, at roughly \$36.2 trillion, prompting the Treasury to use temporary measures to avoid default. House Republicans propose a \$1.5 trillion increase paired with spending cuts, potentially creating a future crisis. A default could delay Social ...
Progress
36% Bias Score
67 Dead in Nigeria Giveaway Stampedes Amidst Economic Crisis
At least 67 people died in three separate stampedes at giveaway events in Nigeria during the Christmas season due to inadequate crowd control; the events occurred in Ibadan, Okija, and Abuja, highlighting the country's dire economic situation and widespread poverty.
67 Dead in Nigeria Giveaway Stampedes Amidst Economic Crisis
At least 67 people died in three separate stampedes at giveaway events in Nigeria during the Christmas season due to inadequate crowd control; the events occurred in Ibadan, Okija, and Abuja, highlighting the country's dire economic situation and widespread poverty.
Progress
60% Bias Score
German Hiring Freezes Amidst Economic Crisis
German businesses are drastically reducing hiring plans, reaching the lowest point in four and a half years due to a combination of weak orders and economic crisis; concurrently, insolvencies rose by 12.6 percent in November.
German Hiring Freezes Amidst Economic Crisis
German businesses are drastically reducing hiring plans, reaching the lowest point in four and a half years due to a combination of weak orders and economic crisis; concurrently, insolvencies rose by 12.6 percent in November.
Progress
44% Bias Score
Özatay Critiques Turkey's 2023 Economic Policies
Professor Fatih Özatay criticized Turkey's 2023 economic policies, citing insufficient interest rate hikes, reliance on swap agreements, and a lack of reforms to address the budget deficit and restore public confidence in TÜİK and the Central Bank, leading to shock price increases and a minimum wage...
Özatay Critiques Turkey's 2023 Economic Policies
Professor Fatih Özatay criticized Turkey's 2023 economic policies, citing insufficient interest rate hikes, reliance on swap agreements, and a lack of reforms to address the budget deficit and restore public confidence in TÜİK and the Central Bank, leading to shock price increases and a minimum wage...
Progress
44% Bias Score
Mecklenburg-Vorpommern Businesses Slam Government's Rosy Economic Outlook
Mecklenburg-Vorpommern businesses sharply criticize the state government's positive economic assessment, citing high energy prices despite significant renewable energy production and demanding immediate policy reforms; the situation mirrors a broader pessimistic trend in German businesses.
Mecklenburg-Vorpommern Businesses Slam Government's Rosy Economic Outlook
Mecklenburg-Vorpommern businesses sharply criticize the state government's positive economic assessment, citing high energy prices despite significant renewable energy production and demanding immediate policy reforms; the situation mirrors a broader pessimistic trend in German businesses.
Progress
40% Bias Score
Musk Warns of U.S. Bankruptcy Amidst Trump's Bitcoin Reserve Plan
Elon Musk warns of potential U.S. bankruptcy due to \$36 trillion national debt, advocating for his "Doge Department" to cut spending, while President-elect Trump plans a national bitcoin reserve to alleviate the debt crisis.
Musk Warns of U.S. Bankruptcy Amidst Trump's Bitcoin Reserve Plan
Elon Musk warns of potential U.S. bankruptcy due to \$36 trillion national debt, advocating for his "Doge Department" to cut spending, while President-elect Trump plans a national bitcoin reserve to alleviate the debt crisis.
Progress
52% Bias Score
German Economy Faces Deep Crisis Amidst Job Cuts and Production Decline
A recent study reveals a pessimistic outlook for the German economy in 2024 and 2025, with 31 of 49 industry associations reporting worsening conditions, job losses anticipated, and major companies expecting revenue and profit declines; the automotive industry's struggles are highlighted as a key fa...
German Economy Faces Deep Crisis Amidst Job Cuts and Production Decline
A recent study reveals a pessimistic outlook for the German economy in 2024 and 2025, with 31 of 49 industry associations reporting worsening conditions, job losses anticipated, and major companies expecting revenue and profit declines; the automotive industry's struggles are highlighted as a key fa...
Progress
60% Bias Score
Ukraine's 2025 Economic Crisis: Hryvnia Plummets, Hunger Looms
Ukraine faces a severe economic crisis in 2025, with the hryvnia reaching a record low of 41.83 to the dollar, causing rising food prices (Christmas table costs increased by 41%), potential mass hunger, and widespread social unrest as Odesa and Kharkiv teeter on collapse, prompting many to view life...
Ukraine's 2025 Economic Crisis: Hryvnia Plummets, Hunger Looms
Ukraine faces a severe economic crisis in 2025, with the hryvnia reaching a record low of 41.83 to the dollar, causing rising food prices (Christmas table costs increased by 41%), potential mass hunger, and widespread social unrest as Odesa and Kharkiv teeter on collapse, prompting many to view life...
Progress
76% Bias Score
Germany Holds Snap Election Amidst Economic Crisis and Foreign Interference Concerns
Germany is holding snap elections seven months early due to a severe economic crisis and instability in Europe; the conservative opposition is favored to win, but concerns about foreign interference and disinformation campaigns are high.
Germany Holds Snap Election Amidst Economic Crisis and Foreign Interference Concerns
Germany is holding snap elections seven months early due to a severe economic crisis and instability in Europe; the conservative opposition is favored to win, but concerns about foreign interference and disinformation campaigns are high.
Progress
40% Bias Score
German Hospitals Face Worst Financial Crisis in Two Decades
A survey of 366 German hospitals reveals that 61 percent reported losses in 2023, the worst result since 2003, primarily due to rising costs and inability to adjust prices to match inflation, threatening healthcare services.
German Hospitals Face Worst Financial Crisis in Two Decades
A survey of 366 German hospitals reveals that 61 percent reported losses in 2023, the worst result since 2003, primarily due to rising costs and inability to adjust prices to match inflation, threatening healthcare services.
Progress
52% Bias Score
German Companies Relocate Abroad Amidst Economic Crisis
German companies, particularly in energy-intensive sectors, are relocating production abroad due to high costs and excessive regulation, threatening Germany's economic standing and leading to decreased investments and job losses.
German Companies Relocate Abroad Amidst Economic Crisis
German companies, particularly in energy-intensive sectors, are relocating production abroad due to high costs and excessive regulation, threatening Germany's economic standing and leading to decreased investments and job losses.
Progress
48% Bias Score