Germany's Slowing Economic Growth: A Challenge to the 'Growth Fetish'
Germany's economic growth has significantly slowed, falling from over 8% in the 1950s to around 1% annually recently, impacting investment and potentially causing social unrest; this contrasts with the 'growth fetish' viewpoint and the 1972 'Limits to Growth' report's predictions.
Germany's Slowing Economic Growth: A Challenge to the 'Growth Fetish'
Germany's economic growth has significantly slowed, falling from over 8% in the 1950s to around 1% annually recently, impacting investment and potentially causing social unrest; this contrasts with the 'growth fetish' viewpoint and the 1972 'Limits to Growth' report's predictions.
Progress
56% Bias Score
Leningrad Region Companies Boost Production Through National Productivity Project
In the Leningrad region, over 100 companies boosted production through Russia's national "Labor Productivity" project; Energiya, a hydrant producer, increased output by 96.4% and gained a 46 million ruble economic effect in six months, alongside patenting a new design.
Leningrad Region Companies Boost Production Through National Productivity Project
In the Leningrad region, over 100 companies boosted production through Russia's national "Labor Productivity" project; Energiya, a hydrant producer, increased output by 96.4% and gained a 46 million ruble economic effect in six months, alongside patenting a new design.
Progress
44% Bias Score
Fed to Cut Rates Despite Sticky Inflation
The Federal Reserve is likely to cut interest rates by 0.25% on Wednesday, balancing concerns about sticky inflation (CPI 2.7%, PPI 3.0%) with a softening labor market (unemployment rate at 4.2%) and the belief that monetary policy remains restrictive despite 3.3% GDP growth. The decision will be fo...
Fed to Cut Rates Despite Sticky Inflation
The Federal Reserve is likely to cut interest rates by 0.25% on Wednesday, balancing concerns about sticky inflation (CPI 2.7%, PPI 3.0%) with a softening labor market (unemployment rate at 4.2%) and the belief that monetary policy remains restrictive despite 3.3% GDP growth. The decision will be fo...
Progress
32% Bias Score
Eurozone Faces 15 Years of Stagnant Growth Unless Reforms Implemented
The Conference Board predicts the Eurozone will experience a mere 0.9% annual growth until 2039 without significant structural reforms, but with such reforms, growth could reach 2.4% annually, potentially halving the GDP gap with the US.
Eurozone Faces 15 Years of Stagnant Growth Unless Reforms Implemented
The Conference Board predicts the Eurozone will experience a mere 0.9% annual growth until 2039 without significant structural reforms, but with such reforms, growth could reach 2.4% annually, potentially halving the GDP gap with the US.
Progress
56% Bias Score
Bundesbank sharply cuts German growth forecast, predicts recession
The Bundesbank drastically lowered its German economic growth forecast for 2024 to a 0.2% contraction and 0.2% for 2025, citing persistent economic headwinds, structural problems, and potential global protectionism as key factors, while predicting inflation to gradually decline to 2% by 2026.
Bundesbank sharply cuts German growth forecast, predicts recession
The Bundesbank drastically lowered its German economic growth forecast for 2024 to a 0.2% contraction and 0.2% for 2025, citing persistent economic headwinds, structural problems, and potential global protectionism as key factors, while predicting inflation to gradually decline to 2% by 2026.
Progress
44% Bias Score
China's Record Grain Harvest Bolsters Food Security and Economic Growth
China's 2024 grain production hit a record 706.5 million tons, a 1.6% rise from 2023, marking the first year above 700 million tons due to increased yields and planting areas despite some regional weather challenges; this strengthens food security and boosts economic growth.
China's Record Grain Harvest Bolsters Food Security and Economic Growth
China's 2024 grain production hit a record 706.5 million tons, a 1.6% rise from 2023, marking the first year above 700 million tons due to increased yields and planting areas despite some regional weather challenges; this strengthens food security and boosts economic growth.
Progress
40% Bias Score
China Unveils Five-Year Plan to Modernize Retail Industry
The Chinese government outlined a five-year plan to modernize its retail industry by 2029, focusing on creating a smart, convenient, and green system; this involves upgrading existing facilities, promoting e-commerce, and increasing financial support for businesses.
China Unveils Five-Year Plan to Modernize Retail Industry
The Chinese government outlined a five-year plan to modernize its retail industry by 2029, focusing on creating a smart, convenient, and green system; this involves upgrading existing facilities, promoting e-commerce, and increasing financial support for businesses.
Progress
44% Bias Score
India's Economic Growth: Challenges and Opportunities
India's economy, despite growing at 5.4 percent (below the predicted 7 percent), is the fastest growing among large economies, presenting significant opportunities and challenges for global trade and investment partnerships, particularly with the UK.
India's Economic Growth: Challenges and Opportunities
India's economy, despite growing at 5.4 percent (below the predicted 7 percent), is the fastest growing among large economies, presenting significant opportunities and challenges for global trade and investment partnerships, particularly with the UK.
Progress
40% Bias Score
Cambodia's Economy to Grow Despite Real Estate Downturn
Cambodia's economy is projected to grow by 6 percent in 2024 and 6.3 percent in 2025, driven by the garment sector, manufacturing, and tourism; however, the real estate sector experienced a downturn with approved property development projects declining by 29.1 percent year-on-year during the first e...
Cambodia's Economy to Grow Despite Real Estate Downturn
Cambodia's economy is projected to grow by 6 percent in 2024 and 6.3 percent in 2025, driven by the garment sector, manufacturing, and tourism; however, the real estate sector experienced a downturn with approved property development projects declining by 29.1 percent year-on-year during the first e...
Progress
40% Bias Score
GDP as a Measure of Development: A Critical Analysis
Paul Richardson's "Myths of Geography" challenges the use of GDP as a measure of development, citing its failure to reflect societal well-being and environmental costs, illustrated by comparing economic "miracles" with nations prioritizing different paths, highlighting the disconnect between GDP gro...
GDP as a Measure of Development: A Critical Analysis
Paul Richardson's "Myths of Geography" challenges the use of GDP as a measure of development, citing its failure to reflect societal well-being and environmental costs, illustrated by comparing economic "miracles" with nations prioritizing different paths, highlighting the disconnect between GDP gro...
Progress
40% Bias Score
New EU Space Commissioner Prioritizes Increased Funding and Strategic Alignment
Andrius Kubilius's appointment as the new European Commissioner for Defence and Space signals a strategic shift towards leveraging space to boost Europe's economy and global influence, involving increased funding, streamlined ESA operations, and closer collaboration with the EU.
New EU Space Commissioner Prioritizes Increased Funding and Strategic Alignment
Andrius Kubilius's appointment as the new European Commissioner for Defence and Space signals a strategic shift towards leveraging space to boost Europe's economy and global influence, involving increased funding, streamlined ESA operations, and closer collaboration with the EU.
Progress
40% Bias Score
Canadian Household Interest Payments Decline as Debt-to-Income Ratio Falls
Canadian household interest payments fell 0.6% to $176.9 billion in Q3 2023, the debt-to-income ratio dropped to 1.73, and the savings rate hit a three-year high of 7.1%, suggesting improved financial health despite income inequality and upcoming mortgage resets.
Canadian Household Interest Payments Decline as Debt-to-Income Ratio Falls
Canadian household interest payments fell 0.6% to $176.9 billion in Q3 2023, the debt-to-income ratio dropped to 1.73, and the savings rate hit a three-year high of 7.1%, suggesting improved financial health despite income inequality and upcoming mortgage resets.
Progress
36% Bias Score