OECD Report Praises Greece's Economic Progress, Recommends Productivity Focus
The OECD commends Greece's robust economic growth exceeding Eurozone averages, substantial unemployment decrease, increased investment and tax revenue (projected €1.8 billion for 2024 from improved tax collection), and significant public debt reduction; it recommends aligning wage growth with produc...
OECD Report Praises Greece's Economic Progress, Recommends Productivity Focus
The OECD commends Greece's robust economic growth exceeding Eurozone averages, substantial unemployment decrease, increased investment and tax revenue (projected €1.8 billion for 2024 from improved tax collection), and significant public debt reduction; it recommends aligning wage growth with produc...
Progress
52% Bias Score
Chinese Firms Adapt to Global Trade Tensions with Localized Strategies
Faced with rising trade protectionism, Chinese companies are strengthening localized production and technological innovation to navigate global challenges, focusing on optimizing supply chains and building stronger brands in overseas markets.
Chinese Firms Adapt to Global Trade Tensions with Localized Strategies
Faced with rising trade protectionism, Chinese companies are strengthening localized production and technological innovation to navigate global challenges, focusing on optimizing supply chains and building stronger brands in overseas markets.
Progress
40% Bias Score
China's Services Sector Expands for 23rd Straight Month
China's services sector maintained expansion for a 23rd consecutive month in November, with the Caixin PMI at 51.5, exceeding the 50-mark threshold, driven by government policies and despite some sector-specific declines.
China's Services Sector Expands for 23rd Straight Month
China's services sector maintained expansion for a 23rd consecutive month in November, with the Caixin PMI at 51.5, exceeding the 50-mark threshold, driven by government policies and despite some sector-specific declines.
Progress
32% Bias Score
U.S. Job Growth Rebounds in November
U.S. November hiring is projected to rebound to approximately 208,000 jobs, a stark contrast to October's record low of 12,000 jobs, primarily due to the end of hurricanes and strikes; the unemployment rate is expected to hold steady at 4.1%.
U.S. Job Growth Rebounds in November
U.S. November hiring is projected to rebound to approximately 208,000 jobs, a stark contrast to October's record low of 12,000 jobs, primarily due to the end of hurricanes and strikes; the unemployment rate is expected to hold steady at 4.1%.
Progress
32% Bias Score
Eurozone Q3 GDP Growth Surges to 0.4%, Exceeding Expectations
Eurozone GDP grew 0.4% quarter-on-quarter in Q3 2024, exceeding expectations and marking the strongest growth in two years, driven by household spending, government spending, and inventory investment, despite negative net trade.
Eurozone Q3 GDP Growth Surges to 0.4%, Exceeding Expectations
Eurozone GDP grew 0.4% quarter-on-quarter in Q3 2024, exceeding expectations and marking the strongest growth in two years, driven by household spending, government spending, and inventory investment, despite negative net trade.
Progress
24% Bias Score
US Job Growth Rebounds in November, Unemployment Rate Rises
November's nonfarm payroll increased by 227,000 jobs, exceeding expectations, while the unemployment rate rose to 4.2%, driven by a decline in labor force participation; average hourly earnings increased by 0.4% month-over-month and 4% year-over-year.
US Job Growth Rebounds in November, Unemployment Rate Rises
November's nonfarm payroll increased by 227,000 jobs, exceeding expectations, while the unemployment rate rose to 4.2%, driven by a decline in labor force participation; average hourly earnings increased by 0.4% month-over-month and 4% year-over-year.
Progress
40% Bias Score
Dow Hits 12-Year Low; Laffer Curve Meeting Precedes Market Rebound
On December 6, 1974, the Dow Jones Industrial Average hit a 12-year low of 577, marking a significant bear market bottom. That evening, a meeting between top Ford administration officials and economists resulted in Arthur Laffer sketching his curve on a napkin, illustrating how tax cuts can increase...
Dow Hits 12-Year Low; Laffer Curve Meeting Precedes Market Rebound
On December 6, 1974, the Dow Jones Industrial Average hit a 12-year low of 577, marking a significant bear market bottom. That evening, a meeting between top Ford administration officials and economists resulted in Arthur Laffer sketching his curve on a napkin, illustrating how tax cuts can increase...
Progress
60% Bias Score
Rome Hosts First International Nautical Salon, Showcasing Italy's Booming Industry
The first International Nautical Salon in Rome, organized by Afina until December 15th, displays around 250 Italian boats (6-15 meters), boosting the sector's revival and showcasing the importance of small and medium-sized businesses; the event aims to increase the nautical industry's contribution t...
Rome Hosts First International Nautical Salon, Showcasing Italy's Booming Industry
The first International Nautical Salon in Rome, organized by Afina until December 15th, displays around 250 Italian boats (6-15 meters), boosting the sector's revival and showcasing the importance of small and medium-sized businesses; the event aims to increase the nautical industry's contribution t...
Progress
40% Bias Score
China's Services Sector Expands for 23rd Straight Month Despite Some Slowdowns
China's services sector maintained expansion for a 23rd consecutive month in November, with the Caixin PMI at 51.5, driven by government policies and despite challenges like weak demand recovery and rising input costs; the sector's contribution to GDP has consistently exceeded 50% for the past decad...
China's Services Sector Expands for 23rd Straight Month Despite Some Slowdowns
China's services sector maintained expansion for a 23rd consecutive month in November, with the Caixin PMI at 51.5, driven by government policies and despite challenges like weak demand recovery and rising input costs; the sector's contribution to GDP has consistently exceeded 50% for the past decad...
Progress
44% Bias Score
US Hiring Rebounds in November After October Slump
US hiring rebounded in November with an estimated 208,000 jobs added, reversing October's decline caused by hurricanes and strikes; unemployment remained at 4.1%.
US Hiring Rebounds in November After October Slump
US hiring rebounded in November with an estimated 208,000 jobs added, reversing October's decline caused by hurricanes and strikes; unemployment remained at 4.1%.
Progress
36% Bias Score
US Job Market Rebound Boosts Expectations of December Rate Cut
America's job market rebounded strongly in November, adding 227,000 jobs, leading to an 88 percent market expectation of another Federal Reserve interest rate cut in December; the unemployment rate rose slightly to 4.2 percent.
US Job Market Rebound Boosts Expectations of December Rate Cut
America's job market rebounded strongly in November, adding 227,000 jobs, leading to an 88 percent market expectation of another Federal Reserve interest rate cut in December; the unemployment rate rose slightly to 4.2 percent.
Progress
40% Bias Score
"Greece's Corporate Tax System: A High Price for Small Businesses and Economic Growth"
"Greece's high corporate tax rate (22%), coupled with a 5% dividend tax, disproportionately affects small businesses that often blend personal and business finances, hindering growth and creating a debate over tax fairness and its influence on economic development."
"Greece's Corporate Tax System: A High Price for Small Businesses and Economic Growth"
"Greece's high corporate tax rate (22%), coupled with a 5% dividend tax, disproportionately affects small businesses that often blend personal and business finances, hindering growth and creating a debate over tax fairness and its influence on economic development."
Progress
52% Bias Score