Showing 13 to 24 of 25 results
Moody's Downgrades U.S. Credit Rating Amidst Soaring National Debt
Moody's downgraded the U.S. credit rating to AA1 from AAA due to a national debt approaching \$37 trillion and a debt-to-GDP ratio exceeding 133%, resulting from decades of excessive government spending.
Moody's Downgrades U.S. Credit Rating Amidst Soaring National Debt
Moody's downgraded the U.S. credit rating to AA1 from AAA due to a national debt approaching \$37 trillion and a debt-to-GDP ratio exceeding 133%, resulting from decades of excessive government spending.
Progress
56% Bias Score
France Faces €40-50 Billion Budget Shortfall, Plans Austerity Measures
The French government must cut €40-50 billion from its budget to meet its 2026 deficit target of 4.6% of GDP, prompting discussions about austerity measures and potential impacts on public services.
France Faces €40-50 Billion Budget Shortfall, Plans Austerity Measures
The French government must cut €40-50 billion from its budget to meet its 2026 deficit target of 4.6% of GDP, prompting discussions about austerity measures and potential impacts on public services.
Progress
64% Bias Score
US and Chilean Fiscal Crises: Restructuring and Inefficiency Concerns
In 2024, the US faced a \$1.8 trillion federal deficit, leading President Trump to appoint Elon Musk to restructure the government, while Chile also grapples with a severe fiscal crisis, high public sector employment, and absenteeism, impacting public service quality.
US and Chilean Fiscal Crises: Restructuring and Inefficiency Concerns
In 2024, the US faced a \$1.8 trillion federal deficit, leading President Trump to appoint Elon Musk to restructure the government, while Chile also grapples with a severe fiscal crisis, high public sector employment, and absenteeism, impacting public service quality.
Progress
40% Bias Score
Germany's 2024 Federal Deficit Reaches €118.8 Billion
Germany recorded a €118.8 billion federal deficit in 2024, exceeding projections and the previous year, primarily due to increased interest payments (24.2% rise) and social benefits (7% rise) despite record-high revenues exceeding €2 trillion. This surpasses the EU's 3% GDP deficit limit, although G...
Germany's 2024 Federal Deficit Reaches €118.8 Billion
Germany recorded a €118.8 billion federal deficit in 2024, exceeding projections and the previous year, primarily due to increased interest payments (24.2% rise) and social benefits (7% rise) despite record-high revenues exceeding €2 trillion. This surpasses the EU's 3% GDP deficit limit, although G...
Progress
36% Bias Score
India's Slowing GDP Growth Amidst Fiscal Constraints
India's GDP growth has fallen to its slowest rate in years, impacting millions of families struggling with unemployment and rising prices as the government faces constraints in boosting the economy due to fiscal deficit targets.
India's Slowing GDP Growth Amidst Fiscal Constraints
India's GDP growth has fallen to its slowest rate in years, impacting millions of families struggling with unemployment and rising prices as the government faces constraints in boosting the economy due to fiscal deficit targets.
Progress
48% Bias Score
Moody's Downgrades France's Credit Rating Amid Fiscal Concerns
Moody's downgraded France's credit rating to Aa3 from Aa2 due to concerns about the country's public finances and political instability, placing pressure on the newly appointed Prime Minister François Bayrou to address spiraling fiscal deficits.
Moody's Downgrades France's Credit Rating Amid Fiscal Concerns
Moody's downgraded France's credit rating to Aa3 from Aa2 due to concerns about the country's public finances and political instability, placing pressure on the newly appointed Prime Minister François Bayrou to address spiraling fiscal deficits.
Progress
44% Bias Score
Moody's Downgrades U.S. Credit Rating Amid Rising Debt
Moody's downgraded the U.S. credit rating from Aaa to Aa1 on Friday, citing rising government debt and interest payments, following similar downgrades by Standard & Poor's and Fitch; the House Budget Committee's rejection of President Trump's domestic policy bill, which included extending tax cuts, ...
Moody's Downgrades U.S. Credit Rating Amid Rising Debt
Moody's downgraded the U.S. credit rating from Aaa to Aa1 on Friday, citing rising government debt and interest payments, following similar downgrades by Standard & Poor's and Fitch; the House Budget Committee's rejection of President Trump's domestic policy bill, which included extending tax cuts, ...
Progress
40% Bias Score
France's 2024 Deficit: -5.8% of GDP, Exceeding EU Targets
France's 2024 budget deficit is finalized at -5.8% of GDP, exceeding the EU's 3% target but better than initially projected; national debt reached a record 113% of GDP in Q4 2024, raising concerns about France's long-term fiscal health.
France's 2024 Deficit: -5.8% of GDP, Exceeding EU Targets
France's 2024 budget deficit is finalized at -5.8% of GDP, exceeding the EU's 3% target but better than initially projected; national debt reached a record 113% of GDP in Q4 2024, raising concerns about France's long-term fiscal health.
Progress
52% Bias Score
Colombia Appoints New Finance Minister Amidst Growing Fiscal Crisis
Colombia's President Gustavo Petro appointed Germán Ávila as the new Minister of Finance, replacing Diego Guevara, amidst a widening fiscal deficit of 6.8% of GDP and a public debt of 60% of GDP in 2024; Ávila's appointment, prioritizing increased public spending, reflects the President's economic v...
Colombia Appoints New Finance Minister Amidst Growing Fiscal Crisis
Colombia's President Gustavo Petro appointed Germán Ávila as the new Minister of Finance, replacing Diego Guevara, amidst a widening fiscal deficit of 6.8% of GDP and a public debt of 60% of GDP in 2024; Ávila's appointment, prioritizing increased public spending, reflects the President's economic v...
Progress
60% Bias Score
India's 2024 Budget: Tax Cuts Aim to Boost Consumption Amidst Economic Slowdown
India's 2024 budget includes a \$11 billion tax cut for those earning under \$13,694 annually, aiming to boost consumption and counter a slowdown in urban spending, alongside plans for increased government capital expenditure.
India's 2024 Budget: Tax Cuts Aim to Boost Consumption Amidst Economic Slowdown
India's 2024 budget includes a \$11 billion tax cut for those earning under \$13,694 annually, aiming to boost consumption and counter a slowdown in urban spending, alongside plans for increased government capital expenditure.
Progress
36% Bias Score
B.C. Deficit Balloons to \$9.4 Billion Amidst Revenue Shortfalls and Spending Commitments
British Columbia's deficit has risen to \$9.4 billion due to lower tax revenues and increased spending commitments, prompting a government hiring freeze and raising concerns about the feasibility of election promises.
B.C. Deficit Balloons to \$9.4 Billion Amidst Revenue Shortfalls and Spending Commitments
British Columbia's deficit has risen to \$9.4 billion due to lower tax revenues and increased spending commitments, prompting a government hiring freeze and raising concerns about the feasibility of election promises.
Progress
40% Bias Score
"Canada's Fiscal Irresponsibility: $20 Billion Deficit Overrun Exposes Systemic Issues"
"Canada's federal government has abandoned its fiscal anchors, resulting in a projected deficit of $60 billion, exceeding its target by $20 billion despite a $45-billion increase in GDP; this is driven by a pattern of short-sighted spending decisions, leaving the country vulnerable to economic shock...
"Canada's Fiscal Irresponsibility: $20 Billion Deficit Overrun Exposes Systemic Issues"
"Canada's federal government has abandoned its fiscal anchors, resulting in a projected deficit of $60 billion, exceeding its target by $20 billion despite a $45-billion increase in GDP; this is driven by a pattern of short-sighted spending decisions, leaving the country vulnerable to economic shock...
Progress
60% Bias Score
Showing 13 to 24 of 25 results