Tag #Economic Policy

smh.com.au
🌐 85% Global Worthiness
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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
taz.de
🌐 75% Global Worthiness
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Germany's Minimum Wage Debate: €15 Proposal Sparks Economic Concerns

Germany's 2015 minimum wage, initially €8.50, is again debated, with Chancellor Scholz pushing for a €15 increase, sparking concerns about potential job losses despite past success in reducing low-wage employment and income inequality.

Progress

44% Bias Score

Reduced Inequality
pda.kp.ru
🌐 65% Global Worthiness
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Russia's "Kadry" Project: Successful Job Subsidy Pilot in Khabarovsk Krai

Russia's 2025 "Kadry" national project includes a job placement subsidy program successfully piloted in Khabarovsk Krai since 2021, resulting in 369 young professionals employed this year and 1,400 since 2021, with employers receiving compensation averaging over 53,000 rubles per employee.

Progress

52% Bias Score

Decent Work and Economic Growth
taz.de
🌐 85% Global Worthiness
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German Union Party Shifts Right, Unveiling Austerity-Focused Election Platform

Germany's CDU/CSU party launched a right-leaning election platform advocating for fiscal austerity, reduced social spending, stricter immigration policies, and the reversal of recent social reforms, contrasting sharply with left-leaning parties and potentially jeopardizing legal and humanitarian sta...

Progress

60% Bias Score

Reduced Inequality
corriere.it
🌐 85% Global Worthiness
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Fed's Cautious Rate Cuts Signal End of Trump-Market Honeymoon

The Federal Reserve's slower-than-expected interest rate cuts in 2025, driven by concerns over inflation stemming from Trump's tariff and immigration policies, caused Wall Street to decline and the dollar to strengthen, signaling a potential end to the honeymoon period between markets and the incomi...

Progress

44% Bias Score

Reduced Inequality
forbes.com
🌐 85% Global Worthiness
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Insufficient Housing Construction Drives Up Prices in America

America's housing crisis stems from insufficient new construction, not from investor activity or withheld housing; increased supply, even luxury housing, helps affordability through "filtering", contrary to common progressive arguments.

Progress

52% Bias Score

Sustainable Cities and Communities
elmundo.es
🌐 75% Global Worthiness
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Spain Extends Public Transport Subsidies Until June 2025

The Spanish government extended its public transportation subsidies, including free Renfe train passes and discounts on other services, until June 2025, following a 13% increase in public transport usage since September 2022.

Progress

36% Bias Score

Climate Action
cnbc.com
🌐 75% Global Worthiness
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IRS to Issue $2.4 Billion in Automatic Payments for Unclaimed Stimulus Credits

The IRS will issue automatic payments totaling roughly $2.4 billion to approximately 1 million taxpayers who did not claim the 2021 Recovery Rebate Credit, a refundable credit for those who didn't receive stimulus checks, with a maximum payment of $1,400 per individual.

Progress

36% Bias Score

No Poverty
elpais.com
🌐 75% Global Worthiness
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Fragile Left-Wing Coalition in Spain Faces Instability Amidst Internal Divisions

A left-wing coalition government in Spain is facing instability due to internal disagreements and unpredictable actions by Junts, a key coalition partner, leading to fragile power dynamics in the Congress. The fragility is exacerbated by the party's unexpected alliances with the right-wing PP on eco...

Progress

52% Bias Score

Reduced Inequality
lemonde.fr
🌐 75% Global Worthiness
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France Passes Emergency Budget Law Amidst Fiscal Crisis

France enacted a temporary budget law on December 21st, ensuring essential government functions until a full 2025 budget is approved, following the censure of the previous government and the absence of a complete budget.

Progress

36% Bias Score

No Poverty
us.cnn.com
🌐 85% Global Worthiness
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US Inflation Slows, but Fed Remains Cautious Amidst Economic Uncertainty

The November PCE price index rose 2.4% year-over-year and 0.1% month-over-month, lower than economists' projections, indicating a slower inflation pace despite uncertainty around future economic policies and global events.

Progress

32% Bias Score

Reduced Inequality
welt.de
🌐 75% Global Worthiness
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Germany Approves Tax Cuts to Offset Inflation

The German parliament approved tax cuts totaling 564 euros over two years, to offset inflation's impact on taxpayers; additionally, adjustments to the solidarity surcharges and child benefits were approved.

Progress

36% Bias Score

Reduced Inequality