Tag #Economic Policy

zeit.de
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Fuest Calls for Radical Shift in German Economic Policy

Ifo President Clemens Fuest calls for a German economic policy shift, prioritizing investments in defense, education, climate protection, and infrastructure while reducing social transfers and subsidies; he suggests longer working hours, increased immigration, market-based climate solutions, and nuc...

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36% Bias Score

No Poverty
elpais.com
🌐 75% Global Worthiness
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"Spain's Economic Measures to Heavily Impact SMEs in 2025"

"Spain's government plans to raise the minimum wage by around 4% in 2025, reduce the maximum legal workweek to 37.5 hours, and increase social security contributions, leading to concerns from Spain's SME employers' association (Cepyme) about the impact on smaller businesses, whose labor costs are al...

Progress

48% Bias Score

Decent Work and Economic Growth
taz.de
🌐 75% Global Worthiness
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German Left Party's Plan to Tackle Cost of Living Crisis

Germany's Left Party unveiled its election platform focusing on curbing rising living costs through a nationwide rent cap, tax cuts on essential goods, and a temporary wealth tax to fund these measures. The party also advocates for increased diplomatic efforts to end the war in Ukraine.

Progress

48% Bias Score

Reduced Inequality
forbes.com
🌐 75% Global Worthiness
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2025 Social Security COLA Set at 2.5%, Impacting Retiree Budgets

The Social Security Administration announced a 2.5% cost-of-living adjustment (COLA) for 2025, significantly lower than the 8.7% increase in 2022, impacting millions of retirees and potentially increasing taxes on benefits for some.

Progress

52% Bias Score

No Poverty
china.org.cn
🌐 85% Global Worthiness
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China Extends Price Preference in Government Procurement to Foreign-Funded Firms

China's Ministry of Finance announced a 20% price preference for domestically produced goods in government procurement, equally benefiting foreign-funded companies meeting specific domestic content requirements, with the policy open for public comment until January 4, 2025.

Progress

36% Bias Score

Decent Work and Economic Growth
dailymail.co.uk
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UK Wealth Doubled Since 1980, But Inequality Remained Stable, Unlike the US

A Resolution Foundation report reveals that while UK household wealth doubled since 1980, wealth inequality remained relatively stable, unlike the US; however, rising wealth inequality between age groups is a concern, particularly concerning homeownership and inheritance.

Progress

36% Bias Score

Reduced Inequality
french.china.org.cn
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China's CCP Plans Proactive Economic Policies for 2025

The Chinese Communist Party's Politburo convened on Monday to review 2024's economic progress, affirming success and outlining plans for 2025 focusing on proactive fiscal and monetary policies, technological innovation, and strengthened anti-corruption measures, all under Xi Jinping's leadership.

Progress

48% Bias Score

Decent Work and Economic Growth
kathimerini.gr
🌐 75% Global Worthiness
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EU Countries Push for Harmonized Vaping Product Taxation

Sixteen EU countries, led by the Netherlands, are pushing the European Commission to update its tobacco taxation laws to include vaping products, citing inconsistencies in national regulations that distort the single market.

Progress

36% Bias Score

Good Health and Well-being
forbes.com
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Trump Says He Won't Remove Federal Reserve Chair Powell

President-elect Donald Trump said he will not attempt to remove Federal Reserve Chair Jerome Powell, reversing his prior statements and threats to remove him, despite no legal precedent preventing presidential removal.

Progress

36% Bias Score

Decent Work and Economic Growth
smh.com.au
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Mixed Public Support for Trump's Policy Proposals Despite Election Win

Despite President-elect Trump's victory, public opinion polls reveal mixed and often uncertain support for his specific policy proposals on tariffs, immigration, and even his cabinet picks, suggesting his mandate is not a full endorsement of his detailed policy platform.

Progress

16% Bias Score

Reduced Inequality
english.elpais.com
🌐 85% Global Worthiness
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2.5% Social Security COLA Increase for 2025

The Social Security Administration announced a 2.5% cost-of-living adjustment (COLA) for 2025, increasing benefits for millions starting in January 2025, impacting retirees, disabled individuals, and surviving spouses; tax rates remain unchanged.

Progress

4% Bias Score

No Poverty
taz.de
🌐 85% Global Worthiness
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Bitcoin Surges Past \$100,000 Following Trump's Pro-Crypto Policies

Bitcoin's value exceeded \$100,000 USD on December 5th, 2024, driven by the US presidential election results and Donald Trump's pro-crypto appointments to key government positions, including Scott Bessent as US Treasury Secretary and Paul S. Atkins as head of the US Securities and Exchange Commissio...

Progress

48% Bias Score

Reduced Inequality