German Bundesrat Approves Tax Cuts, Child Benefit Increases
The German Bundesrat approved tax cuts to offset "kalte Progression" and increased child benefits, effective 2025-2026, following an agreement between SPD, Greens, FDP, and Union; however, economic stimulus measures were excluded.
German Bundesrat Approves Tax Cuts, Child Benefit Increases
The German Bundesrat approved tax cuts to offset "kalte Progression" and increased child benefits, effective 2025-2026, following an agreement between SPD, Greens, FDP, and Union; however, economic stimulus measures were excluded.
Progress
32% Bias Score
Turkish Economy Forecast: Slow Growth, High Inflation Predicted for 2025
Experts at an Istanbul Bilgi University panel predicted slower but stable growth for the Turkish economy in 2025, citing global uncertainty, particularly US-China tensions and Turkey's unique monetary policy as key factors; inflation is projected around 35 percent, and the Turkish lira is expected t...
Turkish Economy Forecast: Slow Growth, High Inflation Predicted for 2025
Experts at an Istanbul Bilgi University panel predicted slower but stable growth for the Turkish economy in 2025, citing global uncertainty, particularly US-China tensions and Turkey's unique monetary policy as key factors; inflation is projected around 35 percent, and the Turkish lira is expected t...
Progress
40% Bias Score
UK Inheritance Tax Receipts Hit Record High
UK inheritance tax receipts totaled £5.7 billion from April to November 2024, a £600 million increase year-on-year, driven by rising house prices, a frozen tax threshold, and recent government policy changes; this contributed to a £15 billion rise in overall tax receipts.
UK Inheritance Tax Receipts Hit Record High
UK inheritance tax receipts totaled £5.7 billion from April to November 2024, a £600 million increase year-on-year, driven by rising house prices, a frozen tax threshold, and recent government policy changes; this contributed to a £15 billion rise in overall tax receipts.
Progress
40% Bias Score
Fed Cuts Interest Rates Amid Inflation Concerns and Trump's Economic Plans
The US Federal Reserve lowered its key interest rate by 0.25 percentage points to 4.25-4.50 percent on Wednesday, its third rate cut this year, despite a recent slight rise in inflation and uncertainty caused by incoming President Trump's announced economic plans, including potential tariffs.
Fed Cuts Interest Rates Amid Inflation Concerns and Trump's Economic Plans
The US Federal Reserve lowered its key interest rate by 0.25 percentage points to 4.25-4.50 percent on Wednesday, its third rate cut this year, despite a recent slight rise in inflation and uncertainty caused by incoming President Trump's announced economic plans, including potential tariffs.
Progress
40% Bias Score
Trump's Opposition to CHIPS Act Threatens US Semiconductor Strategy
President-elect Trump's opposition to the $280 billion CHIPS and Science Act, aimed at boosting US semiconductor manufacturing, threatens to delay or alter the distribution of funds to companies like TSMC and Samsung, creating uncertainty for the global chip industry.
Trump's Opposition to CHIPS Act Threatens US Semiconductor Strategy
President-elect Trump's opposition to the $280 billion CHIPS and Science Act, aimed at boosting US semiconductor manufacturing, threatens to delay or alter the distribution of funds to companies like TSMC and Samsung, creating uncertainty for the global chip industry.
Progress
44% Bias Score
China Considers $40 Trillion Asset Shift to Boost Consumption
Chinese economists advocate using the government's $40 trillion in net assets to boost consumption by redirecting funds to education and social welfare, aiming to reduce inequality and stimulate spending, unlike developed nations where government assets comprise less than 5% of total social assets.
China Considers $40 Trillion Asset Shift to Boost Consumption
Chinese economists advocate using the government's $40 trillion in net assets to boost consumption by redirecting funds to education and social welfare, aiming to reduce inequality and stimulate spending, unlike developed nations where government assets comprise less than 5% of total social assets.
Progress
40% Bias Score
Spanish Unions and Government Agree on Reduced Work Hours Despite Business Opposition
Spain's Deputy Prime Minister Yolanda Díaz announced an agreement with unions for reduced work hours, despite opposition from the Ministry of Economy and the CEOE, citing increased productivity as justification and aiming for broader worker inclusion.
Spanish Unions and Government Agree on Reduced Work Hours Despite Business Opposition
Spain's Deputy Prime Minister Yolanda Díaz announced an agreement with unions for reduced work hours, despite opposition from the Ministry of Economy and the CEOE, citing increased productivity as justification and aiming for broader worker inclusion.
Progress
56% Bias Score
Italian Parliament Approves €30 Billion 2025 Budget
The Italian Chamber of Deputies approved the €30 billion 2025 budget with 211 votes; it includes tax cuts, family benefits, business incentives, and increased healthcare funding to €141.3 billion by 2027, but faces criticism for insufficient healthcare spending.
Italian Parliament Approves €30 Billion 2025 Budget
The Italian Chamber of Deputies approved the €30 billion 2025 budget with 211 votes; it includes tax cuts, family benefits, business incentives, and increased healthcare funding to €141.3 billion by 2027, but faces criticism for insufficient healthcare spending.
Progress
44% Bias Score
Lindner's Milei Proposal Sparks Debate on Economic Policy
German FDP leader Christian Lindner proposes Germany adopt economic policies similar to Argentina's President Javier Milei, prompting criticism from Die Zeit due to vast economic disparities between the two nations, while Handelsblatt highlights Milei's initial economic successes but notes ongoing c...
Lindner's Milei Proposal Sparks Debate on Economic Policy
German FDP leader Christian Lindner proposes Germany adopt economic policies similar to Argentina's President Javier Milei, prompting criticism from Die Zeit due to vast economic disparities between the two nations, while Handelsblatt highlights Milei's initial economic successes but notes ongoing c...
Progress
48% Bias Score
Fed Cuts Rates, Signals Slower Pace of Cuts Amid Economic Uncertainty
The US Federal Reserve cut interest rates by 0.25 percentage points to a range of 4.25% to 4.5% on Wednesday, signaling a slower pace of future cuts due to uncertainty surrounding the incoming Trump administration and higher inflation expectations; Cleveland Fed President Beth Hammack dissented.
Fed Cuts Rates, Signals Slower Pace of Cuts Amid Economic Uncertainty
The US Federal Reserve cut interest rates by 0.25 percentage points to a range of 4.25% to 4.5% on Wednesday, signaling a slower pace of future cuts due to uncertainty surrounding the incoming Trump administration and higher inflation expectations; Cleveland Fed President Beth Hammack dissented.
Progress
44% Bias Score
German Ampel Coalition Collapse: A Failure to Address Polycrisis
Germany's "Ampel" coalition government collapsed due to its ineffective response to a polycrisis encompassing the war in Ukraine, energy price spikes, and climate change, highlighting the need for a holistic governance approach.
German Ampel Coalition Collapse: A Failure to Address Polycrisis
Germany's "Ampel" coalition government collapsed due to its ineffective response to a polycrisis encompassing the war in Ukraine, energy price spikes, and climate change, highlighting the need for a holistic governance approach.
Progress
44% Bias Score
China's Robust Economic Growth in 2024 Fuels Optimism for 2025
China's economy grew 4.8 percent in the first three quarters of 2024, driven by government policies promoting domestic demand and technological innovation, with experts expressing optimism for continued growth in 2025.
China's Robust Economic Growth in 2024 Fuels Optimism for 2025
China's economy grew 4.8 percent in the first three quarters of 2024, driven by government policies promoting domestic demand and technological innovation, with experts expressing optimism for continued growth in 2025.
Progress
44% Bias Score