European Net-to-Gross Income Varies Widely by Family Status
Across 31 European countries, a single person without children receives 68.8% of their average gross annual salary as net income, ranging from 60.1% in Belgium to 85.9% in Cyprus; this significantly increases for families with children due to family benefits and lower taxes.
European Net-to-Gross Income Varies Widely by Family Status
Across 31 European countries, a single person without children receives 68.8% of their average gross annual salary as net income, ranging from 60.1% in Belgium to 85.9% in Cyprus; this significantly increases for families with children due to family benefits and lower taxes.
Progress
20% Bias Score
European Auto Industry Faces 2024 Challenges Amidst EV Transition
The European automotive industry anticipates a difficult 2024 despite rising EV sales, facing challenges from reduced government subsidies, stringent CO2 emission targets, and increased tariffs on Chinese EV imports, impacting profitability and R&D investment.
European Auto Industry Faces 2024 Challenges Amidst EV Transition
The European automotive industry anticipates a difficult 2024 despite rising EV sales, facing challenges from reduced government subsidies, stringent CO2 emission targets, and increased tariffs on Chinese EV imports, impacting profitability and R&D investment.
Progress
40% Bias Score
BOJ Poised for Rate Hike Amid Inflation and Yen Weakness
The Bank of Japan is expected to raise its benchmark interest rate by 0.25% this week to 0.5%, the highest since 2008, driven by sustained inflation, yen weakness, and a shift in the BOJ's public statements. Eighteen of nineteen economists polled by CNBC predict the hike, despite risks from weak hou...
BOJ Poised for Rate Hike Amid Inflation and Yen Weakness
The Bank of Japan is expected to raise its benchmark interest rate by 0.25% this week to 0.5%, the highest since 2008, driven by sustained inflation, yen weakness, and a shift in the BOJ's public statements. Eighteen of nineteen economists polled by CNBC predict the hike, despite risks from weak hou...
Progress
40% Bias Score
US-EU Trade War Looms Amidst Defense Spending Dispute
Spanish Prime Minister Pedro Sanchez warned against a US-EU trade war while President Trump threatened tariffs, highlighting economic and defense spending disagreements; the EU commissioner vowed a proportionate response to any tariffs.
US-EU Trade War Looms Amidst Defense Spending Dispute
Spanish Prime Minister Pedro Sanchez warned against a US-EU trade war while President Trump threatened tariffs, highlighting economic and defense spending disagreements; the EU commissioner vowed a proportionate response to any tariffs.
Progress
44% Bias Score
Broad Market Rally Fueled by Earnings, but Macroeconomic Concerns Remain
The S&P 500 rose 0.9% on the first day of trading under the Trump Administration, nearing its all-time high, driven by strong earnings reports and broadening market participation; however, Apple's decline and macroeconomic factors introduce uncertainty.
Broad Market Rally Fueled by Earnings, but Macroeconomic Concerns Remain
The S&P 500 rose 0.9% on the first day of trading under the Trump Administration, nearing its all-time high, driven by strong earnings reports and broadening market participation; however, Apple's decline and macroeconomic factors introduce uncertainty.
Progress
48% Bias Score
Internal Rift Threatens Spain's Work-Hour Reduction Plan
Spain's ruling coalition is deeply divided over a proposed reduction of the work week to 37.5 hours, creating a political standoff that threatens the initiative's success and exposes underlying economic and social tensions within the country.
Internal Rift Threatens Spain's Work-Hour Reduction Plan
Spain's ruling coalition is deeply divided over a proposed reduction of the work week to 37.5 hours, creating a political standoff that threatens the initiative's success and exposes underlying economic and social tensions within the country.
Progress
40% Bias Score
Europe Urged to Prepare for Targeted U.S. Tariffs
European Central Bank President Christine Lagarde urged Europe to prepare for anticipated, selective U.S. tariffs under President Trump, suggesting a focus on internal market improvements and domestic economic strengthening. EU commissioner Valdis Dombrovskis stated the EU will respond proportionate...
Europe Urged to Prepare for Targeted U.S. Tariffs
European Central Bank President Christine Lagarde urged Europe to prepare for anticipated, selective U.S. tariffs under President Trump, suggesting a focus on internal market improvements and domestic economic strengthening. EU commissioner Valdis Dombrovskis stated the EU will respond proportionate...
Progress
36% Bias Score
Syria Plans Privatization and Foreign Investment to Boost Economy
Syria's interim government, attending the Davos World Economic Forum, announced plans to privatize state assets, attract foreign investment, and ease sanctions by addressing the HTS issue; this marks a shift from the previous regime's focus on security.
Syria Plans Privatization and Foreign Investment to Boost Economy
Syria's interim government, attending the Davos World Economic Forum, announced plans to privatize state assets, attract foreign investment, and ease sanctions by addressing the HTS issue; this marks a shift from the previous regime's focus on security.
Progress
48% Bias Score
Historical US Tariffs and Government Revenue: A Chart Reveals Limitations
A historical chart showing US federal government revenue from tariffs reveals that for much of the 19th century, tariffs constituted over half of the government's income. However, this system's limits led to the adoption of income tax as government expanded.
Historical US Tariffs and Government Revenue: A Chart Reveals Limitations
A historical chart showing US federal government revenue from tariffs reveals that for much of the 19th century, tariffs constituted over half of the government's income. However, this system's limits led to the adoption of income tax as government expanded.
Progress
40% Bias Score
Trump's "America First" Agenda Threatens EU with Trade War
President Trump's renewed "America First" policy threatens the EU with potential tariffs on imported goods, prompting concerns of a trade war and highlighting the need for EU unity to maintain competitiveness and the strong transatlantic relationship.
Trump's "America First" Agenda Threatens EU with Trade War
President Trump's renewed "America First" policy threatens the EU with potential tariffs on imported goods, prompting concerns of a trade war and highlighting the need for EU unity to maintain competitiveness and the strong transatlantic relationship.
Progress
40% Bias Score
Sabadell's Return to Catalonia: Political Stakes High Amidst BBVA Takeover
Banco Sabadell, headquartered in Alicante since 2017, is considering returning to Catalonia, a move with significant political implications amid BBVA's takeover attempt and Spain's ongoing recovery from the 2017 independence crisis.
Sabadell's Return to Catalonia: Political Stakes High Amidst BBVA Takeover
Banco Sabadell, headquartered in Alicante since 2017, is considering returning to Catalonia, a move with significant political implications amid BBVA's takeover attempt and Spain's ongoing recovery from the 2017 independence crisis.
Progress
56% Bias Score
Trump Threatens 10% Tariff on All Chinese Goods
President Donald Trump threatened a 10% tariff on all Chinese goods starting February 1st, citing fentanyl trafficking through Mexico and Canada, despite market concerns about inflation; he also threatened tariffs on Mexico and Canada on Monday.
Trump Threatens 10% Tariff on All Chinese Goods
President Donald Trump threatened a 10% tariff on all Chinese goods starting February 1st, citing fentanyl trafficking through Mexico and Canada, despite market concerns about inflation; he also threatened tariffs on Mexico and Canada on Monday.
Progress
40% Bias Score