China to Implement Proactive Macroeconomic Policies in 2025
China plans more proactive macroeconomic policies for 2025, including fiscal and monetary adjustments, to maintain economic growth amid global uncertainties; details will be announced in March 2025 during the "two sessions".
China to Implement Proactive Macroeconomic Policies in 2025
China plans more proactive macroeconomic policies for 2025, including fiscal and monetary adjustments, to maintain economic growth amid global uncertainties; details will be announced in March 2025 during the "two sessions".
Progress
48% Bias Score
Israel Approves 2025 Budget Framework: NIS 756 Billion Spending, 4.4% Deficit Ceiling
Israel's Knesset approved the 2025 budget framework law, increasing spending by NIS 64 billion (12.4%) to NIS 756 billion, including NIS 136 billion for debt repayment, with a 4.4% deficit ceiling, potentially rising to 4.9% if war continues and subject to cabinet approval.
Israel Approves 2025 Budget Framework: NIS 756 Billion Spending, 4.4% Deficit Ceiling
Israel's Knesset approved the 2025 budget framework law, increasing spending by NIS 64 billion (12.4%) to NIS 756 billion, including NIS 136 billion for debt repayment, with a 4.4% deficit ceiling, potentially rising to 4.9% if war continues and subject to cabinet approval.
Progress
40% Bias Score
Germany's Budget Impasse: Provisional Rules Limit Spending
Due to the collapse of Germany's governing coalition and the subsequent failure to pass a 2025 budget, the German government will operate under provisional budget rules from January, limiting spending to 45 percent of initially planned funds for the year, while mandatory payments will continue.
Germany's Budget Impasse: Provisional Rules Limit Spending
Due to the collapse of Germany's governing coalition and the subsequent failure to pass a 2025 budget, the German government will operate under provisional budget rules from January, limiting spending to 45 percent of initially planned funds for the year, while mandatory payments will continue.
Progress
40% Bias Score
Greece's Finance Minister Defends Budget Amidst Opposition Criticism
Greek Finance Minister Kostis Hatzidakis defended the government's budget, highlighting positive growth driven by specific policies, while acknowledging challenges such as inflation and the housing market and criticizing the opposition's vision of returning to 2019's economic climate.
Greece's Finance Minister Defends Budget Amidst Opposition Criticism
Greek Finance Minister Kostis Hatzidakis defended the government's budget, highlighting positive growth driven by specific policies, while acknowledging challenges such as inflation and the housing market and criticizing the opposition's vision of returning to 2019's economic climate.
Progress
52% Bias Score
Energy Lobbying Weakens Spain's Electricity Tax
Spain's energy companies are successfully lobbying against a tax on electricity generation, leveraging a lack of government majority in parliament to form an unlikely alliance between the PP, PNV, and Junts, potentially jeopardizing \u20ac7.2 billion in EU funds.
Energy Lobbying Weakens Spain's Electricity Tax
Spain's energy companies are successfully lobbying against a tax on electricity generation, leveraging a lack of government majority in parliament to form an unlikely alliance between the PP, PNV, and Junts, potentially jeopardizing \u20ac7.2 billion in EU funds.
Progress
64% Bias Score
Union's Election Program: Tax Cuts, Spending Cuts, and Stricter Immigration
The Union's election program outlines plans for tax cuts, increased defense spending, stricter immigration policies, and spending cuts to balance the budget, but lacks concrete financial details and depends on post-election coalition negotiations.
Union's Election Program: Tax Cuts, Spending Cuts, and Stricter Immigration
The Union's election program outlines plans for tax cuts, increased defense spending, stricter immigration policies, and spending cuts to balance the budget, but lacks concrete financial details and depends on post-election coalition negotiations.
Progress
48% Bias Score
China Shifts to Proactive Fiscal Policy for 2025 Growth
Facing economic headwinds, China announced a more proactive fiscal policy and moderately loose monetary policy for 2025, prioritizing domestic demand stimulation through increased consumer spending and infrastructure investment, expanding on successful 2024 programs with significantly increased fund...
China Shifts to Proactive Fiscal Policy for 2025 Growth
Facing economic headwinds, China announced a more proactive fiscal policy and moderately loose monetary policy for 2025, prioritizing domestic demand stimulation through increased consumer spending and infrastructure investment, expanding on successful 2024 programs with significantly increased fund...
Progress
16% Bias Score
Victoria's Soaring Debt: Tim Pallas's Legacy
Tim Pallas resigned as Victoria's treasurer, leaving the state with a projected $187.3 billion net debt by 2028, a consequence of his inability to curb government spending despite acknowledging the financial strain.
Victoria's Soaring Debt: Tim Pallas's Legacy
Tim Pallas resigned as Victoria's treasurer, leaving the state with a projected $187.3 billion net debt by 2028, a consequence of his inability to curb government spending despite acknowledging the financial strain.
Progress
56% Bias Score
China Unveils Unprecedented Economic Stimulus Package for 2024
China's Central Economic Work Conference announced a proactive fiscal policy and moderately loose monetary policy for 2024 to boost economic growth by expanding domestic demand, prioritizing consumption and investment coordination, building on recent policy successes and aiming for long-term stabili...
China Unveils Unprecedented Economic Stimulus Package for 2024
China's Central Economic Work Conference announced a proactive fiscal policy and moderately loose monetary policy for 2024 to boost economic growth by expanding domestic demand, prioritizing consumption and investment coordination, building on recent policy successes and aiming for long-term stabili...
Progress
44% Bias Score
Union's Election Platform: Tax Cuts, Stricter Immigration, and Military Service
Germany's Union party proposes significant tax cuts, a stricter immigration policy with a de facto moratorium on illegal immigration, reintroducing mandatory military service, and supporting Ukraine; they also plan a state-sponsored savings plan for children and intend to reduce personnel in governm...
Union's Election Platform: Tax Cuts, Stricter Immigration, and Military Service
Germany's Union party proposes significant tax cuts, a stricter immigration policy with a de facto moratorium on illegal immigration, reintroducing mandatory military service, and supporting Ukraine; they also plan a state-sponsored savings plan for children and intend to reduce personnel in governm...
Progress
44% Bias Score
Spanish PP Unexpectedly Agrees to Valencian Debt Relief
Following a government proposal for debt relief, the Spanish Popular Party initially rejected bilateral write-offs but unexpectedly agreed to a debt relief only for the Valencian Community after a proposal by the President of Madrid, creating divisions within the party.
Spanish PP Unexpectedly Agrees to Valencian Debt Relief
Following a government proposal for debt relief, the Spanish Popular Party initially rejected bilateral write-offs but unexpectedly agreed to a debt relief only for the Valencian Community after a proposal by the President of Madrid, creating divisions within the party.
Progress
60% Bias Score
Trump Tax Cuts Expiration Looms: Potential for Major Tax Increases in 2026
The 2017 Tax Cuts and Jobs Act provisions, including individual tax brackets and standard deductions, are set to expire in 2025, potentially resulting in tax increases for over 60% of taxpayers in 2026 unless Congress extends them, creating a significant political and economic challenge for the inco...
Trump Tax Cuts Expiration Looms: Potential for Major Tax Increases in 2026
The 2017 Tax Cuts and Jobs Act provisions, including individual tax brackets and standard deductions, are set to expire in 2025, potentially resulting in tax increases for over 60% of taxpayers in 2026 unless Congress extends them, creating a significant political and economic challenge for the inco...
Progress
40% Bias Score