Tag #Economic Policy

forbes.com
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Bitcoin Price Plunges Amidst Monetary Policy Concerns

Bitcoin's price has dropped to approximately $90,000 from over $100,000 due to the Federal Reserve's monetary policy and a predicted $4.1 trillion decrease in the global money supply, potentially causing a further fall to $20,000 according to analysts.

Progress

68% Bias Score

Reduced Inequality
kathimerini.gr
🌐 75% Global Worthiness
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Mitsotakis Urges Social Welfare Focus, Fiscal Prudence in 2025

Greek Prime Minister Kyriakos Mitsotakis addressed the final 2024 cabinet meeting, urging ministers to focus on citizens' needs, avoid lavish holidays, and prepare for over 200 social welfare initiatives in 2025, including education, military housing, and municipal water services legislation.

Progress

36% Bias Score

No Poverty
kathimerini.gr
🌐 75% Global Worthiness
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Trump Appoints Anti-Biden Economist to Head White House Council

Donald Trump appointed Stephen Miran, a former Treasury official and critic of the Biden administration's economic policies, as the head of the White House Council of Economic Advisers; Miran's appointment could significantly impact US and global economic policy.

Progress

36% Bias Score

Reduced Inequality
cnbc.com
🌐 85% Global Worthiness
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Biden Withdraws Student Loan Forgiveness Plans

The Biden administration withdrew two major student loan forgiveness plans on Friday, citing operational challenges, weeks before the Trump administration takes office, leaving millions of borrowers without debt relief.

Progress

44% Bias Score

Reduced Inequality
pda.kp.ru
🌐 85% Global Worthiness
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Putin Outlines 17 Trillion Ruble Loan Plan for Russia's 2025 Economic Growth

President Putin instructed the Russian cabinet to prioritize balanced economic growth with low unemployment and moderate inflation in 2025, allocating 17 trillion rubles for subsidized loans to stimulate investment and technological independence.

Progress

40% Bias Score

Decent Work and Economic Growth
abcnews.go.com
🌐 85% Global Worthiness
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Trump's Economic Policies: Potential for Slower Growth and Higher Inflation

President-elect Trump's economic policies, including tax cuts and tariffs, contrast with President Biden's approach, despite a strong economy under Biden; this could lead to decreased growth and increased inflation, particularly in food and restaurant prices.

Progress

40% Bias Score

Decent Work and Economic Growth
europe.chinadaily.com.cn
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China Relocates Industries Westward to Balance Economic Development

China's central government plans to relocate industries from its economically advanced eastern regions to its underdeveloped western regions to balance economic development, driven by rising labor costs in the east and geopolitical considerations; this is the third such relocation in the nation's hi...

Progress

40% Bias Score

Reduced Inequality
allafrica.com
🌐 75% Global Worthiness
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Kagame Urges Rwandan Ministers to Prioritize Resource Mobilization

On December 23, 2024, Rwandan President Paul Kagame urged newly appointed ministers, including those in sports and finance, to prioritize resource mobilization over relying on limited state funds, emphasizing that responsibility includes securing necessary resources.

Progress

40% Bias Score

Decent Work and Economic Growth
jpost.com
🌐 75% Global Worthiness
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Israeli Budget: Higher Taxes, Inefficient Spending, and Systemic Issues"

Israel's proposed 2025 budget, amidst war, political instability, and uncertainty, will negatively impact citizens through higher taxes and increased prices, highlighting the government's inefficient planning compared to the private sector's focus on results.

Progress

56% Bias Score

Reduced Inequality
chinadaily.com.cn
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China Outlines Proactive Fiscal and Monetary Policies for 2025 Economic Stability

China's Central Economic Work Conference outlined key 2025 economic priorities: a more proactive fiscal policy (increasing deficit to ~4% of GDP, issuing 3 trillion yuan in special treasury bonds), a moderately loose monetary policy (interest rate cuts), and expanding domestic demand (consumption st...

Progress

40% Bias Score

No Poverty
foxnews.com
🌐 85% Global Worthiness
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Trump's Plan for Immediate Inflation Relief Through Energy Policy Changes

President-elect Trump plans three immediate actions to combat inflation: repealing the natural gas tax in the Inflation Reduction Act, reopening domestic electricity plants, and expanding oil production to lower energy costs.

Progress

56% Bias Score

Affordable and Clean Energy
smh.com.au
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IMF Calls for Major Policy Overhaul to Solve Australia's Housing Crisis

The IMF urges Australia to implement a major policy package to tackle its unaffordable housing, recommending changes to taxes, land supply, and construction workforce numbers, citing Sydney as the world's second most expensive city for housing.

Progress

36% Bias Score

Reduced Inequality