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.
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
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.
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
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.
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
U.S. Faces Fiscal Crisis; Incoming Administration Plans Tax Cuts and Spending Reductions
The incoming U.S. administration faces a critical fiscal crisis marked by rising mandatory spending, insufficient revenue, and a soaring national debt; plans include tax cuts and spending reductions, but their effectiveness remains uncertain due to legal and political challenges.
U.S. Faces Fiscal Crisis; Incoming Administration Plans Tax Cuts and Spending Reductions
The incoming U.S. administration faces a critical fiscal crisis marked by rising mandatory spending, insufficient revenue, and a soaring national debt; plans include tax cuts and spending reductions, but their effectiveness remains uncertain due to legal and political challenges.
Progress
48% Bias Score
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.
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
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.
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
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...
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
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.
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
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.
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
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.
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
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.
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
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.
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