Tag #Economic Policy

elpais.com
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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.

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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.

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36% Bias Score

Reduced Inequality
elmundo.es
🌐 75% Global Worthiness
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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

Decent Work and Economic Growth
it.euronews.com
🌐 75% Global Worthiness
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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

Reduced Inequality
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
zeit.de
🌐 75% Global Worthiness
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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

No Poverty
t24.com.tr
🌐 75% Global Worthiness
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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

Reduced Inequality
dailymail.co.uk
🌐 75% Global Worthiness
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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

Reduced Inequality