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
Freeland Resigns as Canada's Finance Minister Amidst Deficit and Tariff Concerns
Canadian Finance Minister Chrystia Freeland resigned due to policy disagreements with Prime Minister Trudeau, revealing a deficit exceeding the cap by over $20 billion and highlighting concerns over potential US tariffs.
Freeland Resigns as Canada's Finance Minister Amidst Deficit and Tariff Concerns
Canadian Finance Minister Chrystia Freeland resigned due to policy disagreements with Prime Minister Trudeau, revealing a deficit exceeding the cap by over $20 billion and highlighting concerns over potential US tariffs.
Progress
44% Bias Score
SPD Unveils Sweeping Social and Economic Reforms
The SPD's platform includes significant social spending increases (free school lunches, increased minimum wage), tax reforms (cuts for 95% of taxpayers, increased taxes on high earners), and immigration policies emphasizing skilled labor.
SPD Unveils Sweeping Social and Economic Reforms
The SPD's platform includes significant social spending increases (free school lunches, increased minimum wage), tax reforms (cuts for 95% of taxpayers, increased taxes on high earners), and immigration policies emphasizing skilled labor.
Progress
64% 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
SoftBank Commits $100 Billion to US Economy
SoftBank CEO Masayoshi Son announced a $100 billion investment in the US over four years alongside Donald Trump on Monday, aiming to create 100,000 jobs and reflecting increased confidence in the US economy following Trump's election.
SoftBank Commits $100 Billion to US Economy
SoftBank CEO Masayoshi Son announced a $100 billion investment in the US over four years alongside Donald Trump on Monday, aiming to create 100,000 jobs and reflecting increased confidence in the US economy following Trump's election.
Progress
60% Bias Score
Canada's Fall Economic Update: Key Measures and Uncertainty
The Canadian government announced a fall economic update including measures such as eliminating the mortgage stress test for some borrowers, expanding carbon pricing rebates, introducing automatic tax filing, and exempting the federal disability benefit from tax; however, the planned $250 payments w...
Canada's Fall Economic Update: Key Measures and Uncertainty
The Canadian government announced a fall economic update including measures such as eliminating the mortgage stress test for some borrowers, expanding carbon pricing rebates, introducing automatic tax filing, and exempting the federal disability benefit from tax; however, the planned $250 payments w...
Progress
36% Bias Score
CDU/CSU Unify on Strict Migration Policy, Economic Plans Lack Detail
The CDU and CSU have released a joint election program featuring a hardline stance on migration, stricter border controls, and accelerated deportations, contrasting their previous disagreements and potentially impacting future EU migration policy, while their economic plans lack detailed financing.
CDU/CSU Unify on Strict Migration Policy, Economic Plans Lack Detail
The CDU and CSU have released a joint election program featuring a hardline stance on migration, stricter border controls, and accelerated deportations, contrasting their previous disagreements and potentially impacting future EU migration policy, while their economic plans lack detailed financing.
Progress
52% Bias Score