IMF Warns of Rising Borrowing Costs Amid Trump Trade Uncertainty
The IMF warned that Donald Trump's threatened tariffs are raising borrowing costs and straining the global economy, particularly impacting countries integrated into global supply chains, while also noting that short-term borrowing costs remain low and that the American economy is performing better t...
IMF Warns of Rising Borrowing Costs Amid Trump Trade Uncertainty
The IMF warned that Donald Trump's threatened tariffs are raising borrowing costs and straining the global economy, particularly impacting countries integrated into global supply chains, while also noting that short-term borrowing costs remain low and that the American economy is performing better t...
Progress
36% Bias Score
China Uncertainty: European Firms Isolate China Operations Amidst US-China Tensions
European businesses in China face unprecedented uncertainty due to US-China trade tensions, prompting many to isolate their China operations from global activities to meet local demands and avoid risks, leading to reduced efficiency and competitiveness.
China Uncertainty: European Firms Isolate China Operations Amidst US-China Tensions
European businesses in China face unprecedented uncertainty due to US-China trade tensions, prompting many to isolate their China operations from global activities to meet local demands and avoid risks, leading to reduced efficiency and competitiveness.
Progress
36% Bias Score
Unpassed Capital Gains Tax Rules Create Uncertainty for Canadian Taxpayers Amidst Economic Recession
Canada's proposed capital gains tax increase, though not passed into law, is being enforced by the CRA, creating uncertainty for taxpayers and potentially harming the economy as it faces six consecutive quarters of declining real GDP per capita. The political instability adds to the complexity.
Unpassed Capital Gains Tax Rules Create Uncertainty for Canadian Taxpayers Amidst Economic Recession
Canada's proposed capital gains tax increase, though not passed into law, is being enforced by the CRA, creating uncertainty for taxpayers and potentially harming the economy as it faces six consecutive quarters of declining real GDP per capita. The political instability adds to the complexity.
Progress
60% Bias Score
Gold Prices Surge to Record Highs on Central Bank Demand
Gold prices hit record highs in 2024, rising nearly 30% due to increased central bank purchases driven by geopolitical uncertainty and low real interest rates; future prices are projected to reach $3,000 per ounce, influenced by continued central bank activity and US economic policy.
Gold Prices Surge to Record Highs on Central Bank Demand
Gold prices hit record highs in 2024, rising nearly 30% due to increased central bank purchases driven by geopolitical uncertainty and low real interest rates; future prices are projected to reach $3,000 per ounce, influenced by continued central bank activity and US economic policy.
Progress
48% Bias Score
US Debt Ceiling Reinstated, Delaying but Not Avoiding Looming Crisis
The US debt ceiling was reinstated at nearly \$36.2 trillion on Thursday, delaying the need for extraordinary measures to avoid default until mid-January, creating a political challenge for Republicans in Congress who must resolve it before a potential first-ever default.
US Debt Ceiling Reinstated, Delaying but Not Avoiding Looming Crisis
The US debt ceiling was reinstated at nearly \$36.2 trillion on Thursday, delaying the need for extraordinary measures to avoid default until mid-January, creating a political challenge for Republicans in Congress who must resolve it before a potential first-ever default.
Progress
44% Bias Score
Worker Compensation Satisfaction Varies Widely Across Industries Amidst Job Cuts
A Vaco survey of 15,000 professionals shows 44% believe their compensation is fair, but this varies widely by industry; 3.7 million white-collar job cuts occurred in the U.S. this year, impacting employee confidence, which is down 5% from last quarter.
Worker Compensation Satisfaction Varies Widely Across Industries Amidst Job Cuts
A Vaco survey of 15,000 professionals shows 44% believe their compensation is fair, but this varies widely by industry; 3.7 million white-collar job cuts occurred in the U.S. this year, impacting employee confidence, which is down 5% from last quarter.
Progress
56% Bias Score
EU Firms Isolate China Operations Amid US-China Trade War Uncertainty
Facing US-China trade war uncertainty, European firms in China increasingly isolate their local operations to meet Chinese demands and mitigate geopolitical risks, potentially impacting global competitiveness despite short-term gains.
EU Firms Isolate China Operations Amid US-China Trade War Uncertainty
Facing US-China trade war uncertainty, European firms in China increasingly isolate their local operations to meet Chinese demands and mitigate geopolitical risks, potentially impacting global competitiveness despite short-term gains.
Progress
40% Bias Score
Canadian Capital Gains Tax Hike Uncertain After Parliament Prorogation
Canada's planned capital gains tax hike, projected to generate $19.4 billion in federal revenue over five years, is uncertain due to Parliament's prorogation, creating financial risks for both federal and provincial governments and leaving the CRA administering the tax based on an unpassed motion.
Canadian Capital Gains Tax Hike Uncertain After Parliament Prorogation
Canada's planned capital gains tax hike, projected to generate $19.4 billion in federal revenue over five years, is uncertain due to Parliament's prorogation, creating financial risks for both federal and provincial governments and leaving the CRA administering the tax based on an unpassed motion.
Progress
40% Bias Score
Trudeau's Resignation Plunges Canada's Economy into Uncertainty"
Canadian Prime Minister Justin Trudeau's resignation creates significant economic uncertainty as key legislative items are stalled, US trade negotiations loom, and a federal election approaches, potentially impacting fiscal projections and social programs.
Trudeau's Resignation Plunges Canada's Economy into Uncertainty"
Canadian Prime Minister Justin Trudeau's resignation creates significant economic uncertainty as key legislative items are stalled, US trade negotiations loom, and a federal election approaches, potentially impacting fiscal projections and social programs.
Progress
52% Bias Score
EU Faces Instability as Trump Returns, Germany and France Struggle
Germany and France face government instability as Donald Trump begins his new term, creating challenges for the EU; both countries also have severe economic problems, with France facing a high debt and Germany a stagnating economy.
EU Faces Instability as Trump Returns, Germany and France Struggle
Germany and France face government instability as Donald Trump begins his new term, creating challenges for the EU; both countries also have severe economic problems, with France facing a high debt and Germany a stagnating economy.
Progress
44% Bias Score
German Household Wealth Rises Amidst Economic Uncertainty and Growing Inequality
German private household wealth grew to €9.3 trillion in 2024, a 6% increase from 2023, driven by a high savings rate (11.8%) reflecting economic uncertainty and concerns about job security; however, wealth remains highly concentrated, with the top 10% holding 56% of the total.
German Household Wealth Rises Amidst Economic Uncertainty and Growing Inequality
German private household wealth grew to €9.3 trillion in 2024, a 6% increase from 2023, driven by a high savings rate (11.8%) reflecting economic uncertainty and concerns about job security; however, wealth remains highly concentrated, with the top 10% holding 56% of the total.
Progress
28% Bias Score
US Consumer Confidence Falls Amid Tariff Concerns
US consumer confidence fell to 104.7 in December 2024 from 112.8 in November, below market expectations of 113.5, driven by concerns over President-elect Trump's planned tariffs and their potential impact on the cost of living, with 46 percent of consumers expecting higher prices.
US Consumer Confidence Falls Amid Tariff Concerns
US consumer confidence fell to 104.7 in December 2024 from 112.8 in November, below market expectations of 113.5, driven by concerns over President-elect Trump's planned tariffs and their potential impact on the cost of living, with 46 percent of consumers expecting higher prices.
Progress
40% Bias Score