Trump's Tariffs Trigger Global Market Turmoil
President Trump signed an executive order imposing tariffs on imports from Canada, Mexico, and China, leading to market turmoil and retaliatory threats from the affected countries, with potentially severe long-term economic consequences.
Trump's Tariffs Trigger Global Market Turmoil
President Trump signed an executive order imposing tariffs on imports from Canada, Mexico, and China, leading to market turmoil and retaliatory threats from the affected countries, with potentially severe long-term economic consequences.
Progress
60% Bias Score
US Tariffs Could Send Canada into Recession: Bank of Canada
The Bank of Canada projects that across-the-board 25 percent US tariffs on Canadian imports, along with retaliatory tariffs, could slash Canada's economic growth by up to 3 percentage points and boost inflation by 0.1 to 0.8 percentage points in the first year, with the impact lessening in later yea...
US Tariffs Could Send Canada into Recession: Bank of Canada
The Bank of Canada projects that across-the-board 25 percent US tariffs on Canadian imports, along with retaliatory tariffs, could slash Canada's economic growth by up to 3 percentage points and boost inflation by 0.1 to 0.8 percentage points in the first year, with the impact lessening in later yea...
Progress
40% Bias Score
French Economy Faces Sharp Downturn Amidst Political Instability and High Debt
France's economy is experiencing a significant downturn due to the dissolution of the National Assembly, deteriorating public finances, and high business debt, resulting in over 65,000 business failures in the past year and projected moderate unemployment increase.
French Economy Faces Sharp Downturn Amidst Political Instability and High Debt
France's economy is experiencing a significant downturn due to the dissolution of the National Assembly, deteriorating public finances, and high business debt, resulting in over 65,000 business failures in the past year and projected moderate unemployment increase.
Progress
64% Bias Score
US Corporate Bankruptcies Hit 14-Year High in 2024
In 2024, US corporate bankruptcies reached 686, an 8% increase from 2023 and the highest since 2010, driven by high interest rates, reduced consumer spending, and inflationary pressures; notable bankruptcies include Party City, Red Lobster, and the Container Store.
US Corporate Bankruptcies Hit 14-Year High in 2024
In 2024, US corporate bankruptcies reached 686, an 8% increase from 2023 and the highest since 2010, driven by high interest rates, reduced consumer spending, and inflationary pressures; notable bankruptcies include Party City, Red Lobster, and the Container Store.
Progress
48% Bias Score
German Auto Industry in Recession Amidst EV Transition and Policy Uncertainty
The German automotive industry is in recession in 2025 due to a combination of factors including the transition to electric vehicles, inconsistent government policies, and increased competition from China, leading to thousands of planned job cuts and uncertainty about the future.
German Auto Industry in Recession Amidst EV Transition and Policy Uncertainty
The German automotive industry is in recession in 2025 due to a combination of factors including the transition to electric vehicles, inconsistent government policies, and increased competition from China, leading to thousands of planned job cuts and uncertainty about the future.
Progress
44% Bias Score
CEMAC Economic Summit: Expert Challenges CFA Devaluation Calls
Faced with recession, inflation, and debt concerns, Central African states are seeking economic solutions; economist Clément Belibanga dismisses calls for CFA franc devaluation, citing positive economic indicators.
CEMAC Economic Summit: Expert Challenges CFA Devaluation Calls
Faced with recession, inflation, and debt concerns, Central African states are seeking economic solutions; economist Clément Belibanga dismisses calls for CFA franc devaluation, citing positive economic indicators.
Progress
36% Bias Score
25% US Tariff on Mexican Goods Threatens Recession
President Trump imposed a 25% tariff on all Mexican goods, potentially causing a recession in Mexico due to its heavy reliance on US exports (80% of total exports).
25% US Tariff on Mexican Goods Threatens Recession
President Trump imposed a 25% tariff on all Mexican goods, potentially causing a recession in Mexico due to its heavy reliance on US exports (80% of total exports).
Progress
52% Bias Score
Trump's Tariff Threat Risks North American Recession
President Trump threatened 25% tariffs on all goods from Canada and Mexico on February 1st, 2024, potentially triggering a recession in both countries and raising US consumer prices due to the deep integration of North American economies; economists warn of job losses and housing market impacts, whi...
Trump's Tariff Threat Risks North American Recession
President Trump threatened 25% tariffs on all goods from Canada and Mexico on February 1st, 2024, potentially triggering a recession in both countries and raising US consumer prices due to the deep integration of North American economies; economists warn of job losses and housing market impacts, whi...
Progress
40% Bias Score
Germany's GDP Shrinks for Second Consecutive Year
Germany's GDP contracted by 0.2% in 2024, marking the second consecutive year of negative growth, prompting comparisons to the 2002-2003 economic crisis, but with key differences in unemployment and public debt.
Germany's GDP Shrinks for Second Consecutive Year
Germany's GDP contracted by 0.2% in 2024, marking the second consecutive year of negative growth, prompting comparisons to the 2002-2003 economic crisis, but with key differences in unemployment and public debt.
Progress
56% Bias Score
Trump's Tariffs Pose Major Risk to Global Economic Growth
Increased uncertainty surrounding Donald Trump's second term as US president poses a significant risk to global economic growth due to his threatened tariffs on Chinese imports; experts predict this could cause higher inflation, increased interest rates, and economic instability, particularly affect...
Trump's Tariffs Pose Major Risk to Global Economic Growth
Increased uncertainty surrounding Donald Trump's second term as US president poses a significant risk to global economic growth due to his threatened tariffs on Chinese imports; experts predict this could cause higher inflation, increased interest rates, and economic instability, particularly affect...
Progress
56% Bias Score
Soaring Credit Card Defaults Signal U.S. Economic Vulnerability
U.S. credit card defaults reached a 14-year high in the first nine months of 2024, with $46 billion in write-offs—a 50% increase from 2023—raising concerns about the economy's stability and highlighting the disproportionate impact on low-income households.
Soaring Credit Card Defaults Signal U.S. Economic Vulnerability
U.S. credit card defaults reached a 14-year high in the first nine months of 2024, with $46 billion in write-offs—a 50% increase from 2023—raising concerns about the economy's stability and highlighting the disproportionate impact on low-income households.
Progress
44% Bias Score
Germany Extends Short-Time Work Program to 24 Months
Germany extends its short-time work program to 24 months until the end of 2025 to help businesses in struggling industries, such as automotive, machinery, steel and chemicals, to avoid mass layoffs, saving an estimated 2.2 million jobs during the Covid-19 pandemic.
Germany Extends Short-Time Work Program to 24 Months
Germany extends its short-time work program to 24 months until the end of 2025 to help businesses in struggling industries, such as automotive, machinery, steel and chemicals, to avoid mass layoffs, saving an estimated 2.2 million jobs during the Covid-19 pandemic.
Progress
48% Bias Score