EU Postpones Stricter Bank Regulations Amidst Lobbying Controversy
The EU postponed the implementation of stricter banking regulations (Basel 3) until January 2026 due to lobbying efforts by banks claiming competitive disadvantages against the US, despite an internal ECB analysis suggesting European banks face stricter rules.
EU Postpones Stricter Bank Regulations Amidst Lobbying Controversy
The EU postponed the implementation of stricter banking regulations (Basel 3) until January 2026 due to lobbying efforts by banks claiming competitive disadvantages against the US, despite an internal ECB analysis suggesting European banks face stricter rules.
Progress
56% Bias Score
Greek Court Upholds €24.56 Million OPAP Fine
A Greek court upheld a €24.56 million fine against OPAP for abuse of dominance, rejecting a challenge from the Hellenic Gaming Commission, setting a precedent for inter-agency disputes.
Greek Court Upholds €24.56 Million OPAP Fine
A Greek court upheld a €24.56 million fine against OPAP for abuse of dominance, rejecting a challenge from the Hellenic Gaming Commission, setting a precedent for inter-agency disputes.
Progress
12% Bias Score
Starmer Orders UK Regulators to Prioritize Economic Growth
British Prime Minister Sir Keir Starmer ordered over ten key regulators, including Ofgem, Ofwat, and the FCA, to submit pro-growth initiatives by January 16th to address Britain's sluggish economy, following a Christmas Eve letter demanding regulatory reform to prioritize growth and investment.
Starmer Orders UK Regulators to Prioritize Economic Growth
British Prime Minister Sir Keir Starmer ordered over ten key regulators, including Ofgem, Ofwat, and the FCA, to submit pro-growth initiatives by January 16th to address Britain's sluggish economy, following a Christmas Eve letter demanding regulatory reform to prioritize growth and investment.
Progress
52% Bias Score
Galloway Distillery Plans Major Expansion to Boost Production and Employment
The Crafty Distillery in Galloway, Scotland, with a current annual turnover of £1.1 million, plans to expand its facilities to increase production from 10,000 to 100,000 liters of whisky and double white spirit production, aiming for £2.2 million turnover within a few years by leveraging local inves...
Galloway Distillery Plans Major Expansion to Boost Production and Employment
The Crafty Distillery in Galloway, Scotland, with a current annual turnover of £1.1 million, plans to expand its facilities to increase production from 10,000 to 100,000 liters of whisky and double white spirit production, aiming for £2.2 million turnover within a few years by leveraging local inves...
Progress
16% Bias Score
Changbai Mountain's Tourism Boom: 260% Visitor Increase Fuels 9.4% GDP Growth
Changbai Mountain in Jilin province achieved a 9.4 percent GDP increase in 2023, driven by a 260.45 percent surge in tourism to over 2.7 million visitors, exceeding 3 million in the first three quarters of 2024, resulting from strategic branding as a summer and winter destination and international r...
Changbai Mountain's Tourism Boom: 260% Visitor Increase Fuels 9.4% GDP Growth
Changbai Mountain in Jilin province achieved a 9.4 percent GDP increase in 2023, driven by a 260.45 percent surge in tourism to over 2.7 million visitors, exceeding 3 million in the first three quarters of 2024, resulting from strategic branding as a summer and winter destination and international r...
Progress
40% Bias Score
Online Holiday Sales Surge 6.7%, Outpacing In-Store Growth
Online holiday sales from November 1st to December 24th increased by 6.7% compared to last year, exceeding in-store sales growth (2.9%) and the projected overall increase of 3.2%, driven by online discounts and convenient options offered by retailers.
Online Holiday Sales Surge 6.7%, Outpacing In-Store Growth
Online holiday sales from November 1st to December 24th increased by 6.7% compared to last year, exceeding in-store sales growth (2.9%) and the projected overall increase of 3.2%, driven by online discounts and convenient options offered by retailers.
Progress
48% Bias Score
German Employers' President Sees Chance for Economic Turnaround
Rainer Dulger, president of the German employers' association, believes Germany can achieve an economic turnaround in 2024 if the new government implements rapid policy changes, including reducing bureaucracy and reforming social security. Stagnation is projected for 2024, with minimal growth in 202...
German Employers' President Sees Chance for Economic Turnaround
Rainer Dulger, president of the German employers' association, believes Germany can achieve an economic turnaround in 2024 if the new government implements rapid policy changes, including reducing bureaucracy and reforming social security. Stagnation is projected for 2024, with minimal growth in 202...
Progress
36% Bias Score
Slowdown in Spanish Retail Sales Growth in November 2024
Spanish retail sales grew 1% year-on-year in November 2024, slower than October's 3.4% and below forecasts, primarily due to decreased food and non-food spending; however, year-to-date growth stands at 1.5%, with Q3 showing strong gains in consumer and tech goods.
Slowdown in Spanish Retail Sales Growth in November 2024
Spanish retail sales grew 1% year-on-year in November 2024, slower than October's 3.4% and below forecasts, primarily due to decreased food and non-food spending; however, year-to-date growth stands at 1.5%, with Q3 showing strong gains in consumer and tech goods.
Progress
24% Bias Score
Labour's 1.5 Million Home Target Faces Steep Challenges
Labour's plan to build 1.5 million homes in five years faces challenges from staff shortages, high interest rates, and the decline of small builders, with the construction industry having the highest insolvency rate in England and Wales.
Labour's 1.5 Million Home Target Faces Steep Challenges
Labour's plan to build 1.5 million homes in five years faces challenges from staff shortages, high interest rates, and the decline of small builders, with the construction industry having the highest insolvency rate in England and Wales.
Progress
52% Bias Score
China's Revised GDP Highlights Strong Economic Growth and Structural Transformation
China's 2023 GDP was revised upward to $17.7 trillion, reflecting robust economic growth and structural changes. The tertiary sector's contribution increased, and manufacturing saw significant expansion. Experts predict continued growth, dismissing pessimistic Western views.
China's Revised GDP Highlights Strong Economic Growth and Structural Transformation
China's 2023 GDP was revised upward to $17.7 trillion, reflecting robust economic growth and structural changes. The tertiary sector's contribution increased, and manufacturing saw significant expansion. Experts predict continued growth, dismissing pessimistic Western views.
Progress
52% Bias Score
US National Debt: Risk Management, Not Moralizing
The US national debt has tripled to almost \$36 trillion in two decades, necessitating a shift in focus from the "good debt/bad debt" debate to effective risk management; the government's failure to fully exploit historically low interest rates is highlighted as a key risk.
US National Debt: Risk Management, Not Moralizing
The US national debt has tripled to almost \$36 trillion in two decades, necessitating a shift in focus from the "good debt/bad debt" debate to effective risk management; the government's failure to fully exploit historically low interest rates is highlighted as a key risk.
Progress
44% Bias Score
EU Unfazed by Trump's LNG Import Warning
Trump warned the EU to significantly increase US LNG imports or face tariffs; however, the EU is expected to comply, as this aligns with its energy diversification strategy away from Russia, with the European Commission President stating that this would be more cost-effective.
EU Unfazed by Trump's LNG Import Warning
Trump warned the EU to significantly increase US LNG imports or face tariffs; however, the EU is expected to comply, as this aligns with its energy diversification strategy away from Russia, with the European Commission President stating that this would be more cost-effective.
Progress
44% Bias Score