China Shifts to Unconventional Monetary Policy to Boost Economy
Facing intensified economic uncertainties and potential US tariffs, China's top leadership announced a shift to a more proactive fiscal and moderately loose monetary policy, potentially involving unconventional measures like large-scale central bank bond purchases and aggressive interest rate cuts, ...
China Shifts to Unconventional Monetary Policy to Boost Economy
Facing intensified economic uncertainties and potential US tariffs, China's top leadership announced a shift to a more proactive fiscal and moderately loose monetary policy, potentially involving unconventional measures like large-scale central bank bond purchases and aggressive interest rate cuts, ...
Progress
48% Bias Score
PNV Rejects Energy Tax, Jeopardizing Spain's Fiscal Reform
The Basque Nationalist Party (PNV) will not support the Spanish government's tax on energy companies' excess profits, jeopardizing the government's fiscal reform and potentially causing instability in the governing coalition.
PNV Rejects Energy Tax, Jeopardizing Spain's Fiscal Reform
The Basque Nationalist Party (PNV) will not support the Spanish government's tax on energy companies' excess profits, jeopardizing the government's fiscal reform and potentially causing instability in the governing coalition.
Progress
36% Bias Score
"Niedersachsen's 2025 Budget: Investment vs. Austerity"
"Niedersachsen's 2025 budget of €44.2 billion, a €1.6 billion increase, prioritizes education and infrastructure despite projected lower tax revenue and criticism from CDU and AfD for insufficient economic stimulus and neglecting issues like rising crime and healthcare."
"Niedersachsen's 2025 Budget: Investment vs. Austerity"
"Niedersachsen's 2025 budget of €44.2 billion, a €1.6 billion increase, prioritizes education and infrastructure despite projected lower tax revenue and criticism from CDU and AfD for insufficient economic stimulus and neglecting issues like rising crime and healthcare."
Progress
36% Bias Score
China Pledges Proactive Fiscal, Loose Monetary Policies for 2025 Economic Boost
China's top policymakers pledged a more proactive fiscal policy and a moderately loose monetary policy for 2025 to boost economic recovery, stabilize growth, and improve living standards, as announced following a key Politburo meeting.
China Pledges Proactive Fiscal, Loose Monetary Policies for 2025 Economic Boost
China's top policymakers pledged a more proactive fiscal policy and a moderately loose monetary policy for 2025 to boost economic recovery, stabilize growth, and improve living standards, as announced following a key Politburo meeting.
Progress
4% Bias Score
BIS warns of looming government debt crisis
The Bank for International Settlements (BIS) warns of a looming government debt crisis, urging immediate action from policymakers to prevent financial market destabilization and economic damage; rising U.S. and UK debt, coupled with political uncertainty, fuels concerns.
BIS warns of looming government debt crisis
The Bank for International Settlements (BIS) warns of a looming government debt crisis, urging immediate action from policymakers to prevent financial market destabilization and economic damage; rising U.S. and UK debt, coupled with political uncertainty, fuels concerns.
Progress
44% Bias Score
China Announces Loose Monetary Policy to Boost Growth
China's Politburo announced an "appropriately loose" monetary policy and a proactive fiscal policy for 2025 to stimulate economic growth, focusing on domestic demand and consumption, in response to economic slowdown and potential US tariffs; stock markets rose.
China Announces Loose Monetary Policy to Boost Growth
China's Politburo announced an "appropriately loose" monetary policy and a proactive fiscal policy for 2025 to stimulate economic growth, focusing on domestic demand and consumption, in response to economic slowdown and potential US tariffs; stock markets rose.
Progress
40% Bias Score
Portugal Calls for EU Spending Rule Revision Amidst Crisis Concerns
Portugal's finance minister is urging the EU to revise its recently adopted spending rules to allow for greater flexibility in handling unforeseen circumstances, such as armed conflicts or climate-related disasters, amid political uncertainty in major EU countries and pressure to meet NATO's defense...
Portugal Calls for EU Spending Rule Revision Amidst Crisis Concerns
Portugal's finance minister is urging the EU to revise its recently adopted spending rules to allow for greater flexibility in handling unforeseen circumstances, such as armed conflicts or climate-related disasters, amid political uncertainty in major EU countries and pressure to meet NATO's defense...
Progress
40% Bias Score
Failed GST Holiday Exposes Tensions Within Canadian Government
Canada's two-month GST holiday cost billions, failed to boost Liberal support, and created tension between Finance Minister Chrystia Freeland and the Prime Minister's Office, jeopardizing Freeland's fiscal credibility and raising concerns about the government's economic management.
Failed GST Holiday Exposes Tensions Within Canadian Government
Canada's two-month GST holiday cost billions, failed to boost Liberal support, and created tension between Finance Minister Chrystia Freeland and the Prime Minister's Office, jeopardizing Freeland's fiscal credibility and raising concerns about the government's economic management.
Progress
64% Bias Score
Mecklenburg-Vorpommern to Adjust Municipal Funding to Prevent Drastic Cuts
Mecklenburg-Vorpommern is adjusting its financial relationship with municipalities to prevent drastic funding fluctuations and ensure fair kindergarten cost distribution. The changes, agreed upon with local government associations, will be legally implemented after further discussions and a January ...
Mecklenburg-Vorpommern to Adjust Municipal Funding to Prevent Drastic Cuts
Mecklenburg-Vorpommern is adjusting its financial relationship with municipalities to prevent drastic funding fluctuations and ensure fair kindergarten cost distribution. The changes, agreed upon with local government associations, will be legally implemented after further discussions and a January ...
Progress
44% Bias Score
China Unveils 10 Trillion Yuan Debt Relief Package
China launched a 10 trillion yuan debt-relief package on November 8th to address 14.3 trillion yuan in local government hidden liabilities, aiming to reduce them to 2.3 trillion yuan by 2028 through special bonds and relaxed restrictions on special-purpose bonds, marking a shift towards proactive de...
China Unveils 10 Trillion Yuan Debt Relief Package
China launched a 10 trillion yuan debt-relief package on November 8th to address 14.3 trillion yuan in local government hidden liabilities, aiming to reduce them to 2.3 trillion yuan by 2028 through special bonds and relaxed restrictions on special-purpose bonds, marking a shift towards proactive de...
Progress
48% Bias Score
Reeves Vows 'Iron Fist' on Spending, Seeking 5% Efficiency Gains
UK Chancellor Rachel Reeves announced a comprehensive review of government spending, aiming to cut 5% from budgets by 2029 to avoid further tax hikes and fund key public services, using a zero-based budgeting approach and external expert panels.
Reeves Vows 'Iron Fist' on Spending, Seeking 5% Efficiency Gains
UK Chancellor Rachel Reeves announced a comprehensive review of government spending, aiming to cut 5% from budgets by 2029 to avoid further tax hikes and fund key public services, using a zero-based budgeting approach and external expert panels.
Progress
52% Bias Score
France Reviews Tax Benefits on Investments Amidst Fiscal Concerns
Amid France's financial difficulties, the government is evaluating tax benefits on various investments, including retirement savings plans and real estate, due to their high cost to the state and disproportionate benefits to high-income earners.
France Reviews Tax Benefits on Investments Amidst Fiscal Concerns
Amid France's financial difficulties, the government is evaluating tax benefits on various investments, including retirement savings plans and real estate, due to their high cost to the state and disproportionate benefits to high-income earners.
Progress
52% Bias Score