China's Economists Propose Using State Assets to Boost Consumption
Prominent Chinese economists advocate for using the government's substantial wealth (37.6 percent of total social wealth in 2022, totaling $40 trillion) to boost consumption by investing in social welfare and redistribution, addressing the country's low consumption rate.
China's Economists Propose Using State Assets to Boost Consumption
Prominent Chinese economists advocate for using the government's substantial wealth (37.6 percent of total social wealth in 2022, totaling $40 trillion) to boost consumption by investing in social welfare and redistribution, addressing the country's low consumption rate.
Progress
36% Bias Score
Fed to Slow Interest Rate Cuts, Limiting Relief for Borrowers
The Federal Reserve will likely slow its interest rate cuts in 2025 to two or three, providing limited relief to consumers facing high borrowing costs; this cautious approach reflects stronger economic growth and persistent inflation above the Fed's target, further complicated by uncertainties surro...
Fed to Slow Interest Rate Cuts, Limiting Relief for Borrowers
The Federal Reserve will likely slow its interest rate cuts in 2025 to two or three, providing limited relief to consumers facing high borrowing costs; this cautious approach reflects stronger economic growth and persistent inflation above the Fed's target, further complicated by uncertainties surro...
Progress
44% Bias Score
Brazil's Chamber of Deputies Approves Consumption Tax Reform Bill
The Brazilian Chamber of Deputies approved a bill regulating consumption tax reform, rejecting Senate amendments that included tax benefits for various goods and services, leading to a potential final tax rate of 27.84%.
Brazil's Chamber of Deputies Approves Consumption Tax Reform Bill
The Brazilian Chamber of Deputies approved a bill regulating consumption tax reform, rejecting Senate amendments that included tax benefits for various goods and services, leading to a potential final tax rate of 27.84%.
Progress
36% Bias Score
Trump's Trade War Threats: China's Economic Countermeasures
Increased US inflation (2021-23) potentially aided Trump's election; his threatened trade wars risk harming global trade and US-China ties, but China's economic countermeasures, including fiscal stimulus and policy shifts, aim to mitigate negative impacts, leveraging innovation and reduced reliance ...
Trump's Trade War Threats: China's Economic Countermeasures
Increased US inflation (2021-23) potentially aided Trump's election; his threatened trade wars risk harming global trade and US-China ties, but China's economic countermeasures, including fiscal stimulus and policy shifts, aim to mitigate negative impacts, leveraging innovation and reduced reliance ...
Progress
40% Bias Score
Fed Lowers Interest Rates Despite Rising Inflation, Citing Trump's Economic Plans
The Federal Reserve lowered its key interest rate by 0.25 percentage points to 4.25-4.5 percent, despite rising inflation, for the third time; the Fed projects a 3.9 percent key interest rate for 2025 and a 2.5 percent inflation rate, influenced by upcoming economic policies.
Fed Lowers Interest Rates Despite Rising Inflation, Citing Trump's Economic Plans
The Federal Reserve lowered its key interest rate by 0.25 percentage points to 4.25-4.5 percent, despite rising inflation, for the third time; the Fed projects a 3.9 percent key interest rate for 2025 and a 2.5 percent inflation rate, influenced by upcoming economic policies.
Progress
40% Bias Score
UK Inflation Rises to 2.6% in November
UK inflation rose to 2.6 percent in November, driven by increased petrol and tobacco prices, partially offset by lower airfares; this follows October's 2.3 percent figure and adds pressure to Chancellor Rachel Reeves.
UK Inflation Rises to 2.6% in November
UK inflation rose to 2.6 percent in November, driven by increased petrol and tobacco prices, partially offset by lower airfares; this follows October's 2.3 percent figure and adds pressure to Chancellor Rachel Reeves.
Progress
44% Bias Score
Mexico City's Infonavit Reform: 1 Million New Homes and Social Rental Program
Mexico City's President Sheinbaum launched a plan to build 1 million homes, register 1 million, and improve 450,000, alongside a Senate-approved Infonavit reform creating a subsidiary to construct housing and offer social rental options, addressing housing affordability challenges.
Mexico City's Infonavit Reform: 1 Million New Homes and Social Rental Program
Mexico City's President Sheinbaum launched a plan to build 1 million homes, register 1 million, and improve 450,000, alongside a Senate-approved Infonavit reform creating a subsidiary to construct housing and offer social rental options, addressing housing affordability challenges.
Progress
44% Bias Score
SPD Election Program: Tax Cuts, Increased Investment, and Bundeswehr Strengthening
The SPD's election program, presented by Chancellor Scholz, focuses on tax relief for lower and middle incomes, increased investments (including a €100 billion Deutschlandfonds), and a strengthened Bundeswehr, funded through increased taxes on higher earners and corporations, aiming to address infla...
SPD Election Program: Tax Cuts, Increased Investment, and Bundeswehr Strengthening
The SPD's election program, presented by Chancellor Scholz, focuses on tax relief for lower and middle incomes, increased investments (including a €100 billion Deutschlandfonds), and a strengthened Bundeswehr, funded through increased taxes on higher earners and corporations, aiming to address infla...
Progress
48% Bias Score
Turkish Minimum Wage Erodes Amidst High Inflation
A DISK-AR report reveals that 8.5 million Turkish workers earn at or below the minimum wage; if inflation hits 44% in 2024, the minimum wage will lose 7,481 TL in purchasing power, falling below the poverty line by December.
Turkish Minimum Wage Erodes Amidst High Inflation
A DISK-AR report reveals that 8.5 million Turkish workers earn at or below the minimum wage; if inflation hits 44% in 2024, the minimum wage will lose 7,481 TL in purchasing power, falling below the poverty line by December.
Progress
40% Bias Score
US Inflation Rises, Trump's Return Poses Challenge to Fed
US inflation edged up to 2.7 percent in November, exceeding the Fed's 2 percent target, while the return of Donald Trump to the presidency poses potential challenges to the Fed's independence and interest rate policies.
US Inflation Rises, Trump's Return Poses Challenge to Fed
US inflation edged up to 2.7 percent in November, exceeding the Fed's 2 percent target, while the return of Donald Trump to the presidency poses potential challenges to the Fed's independence and interest rate policies.
Progress
36% Bias Score
Super Funds Pledge \$15 Billion for Australian Social Housing
Australian industry super funds plan to invest \$15 billion by 2030 in social and affordable housing via the IFM Investors' proposal, contingent on government policy reforms and aiming to deliver 100,000 homes to alleviate a critical housing shortage.
Super Funds Pledge \$15 Billion for Australian Social Housing
Australian industry super funds plan to invest \$15 billion by 2030 in social and affordable housing via the IFM Investors' proposal, contingent on government policy reforms and aiming to deliver 100,000 homes to alleviate a critical housing shortage.
Progress
40% Bias Score
UK Inflation Hits Highest Level Since March
UK inflation increased to 2.6% in November, the highest since March due to rising fuel prices, exceeding the Bank of England's 2% target and likely maintaining the current 4.75% interest rate.
UK Inflation Hits Highest Level Since March
UK inflation increased to 2.6% in November, the highest since March due to rising fuel prices, exceeding the Bank of England's 2% target and likely maintaining the current 4.75% interest rate.
Progress
36% Bias Score