Colombia's Central Bank to Make Cautious Interest Rate Cut Amidst Uncertainty
The Bank of the Republic in Colombia will likely cut interest rates by a maximum of 50 basis points this Friday, a decision influenced by internal changes within the bank, concerns about inflation despite its recent decrease, and external risks such as potential US protectionism and fiscal uncertain...
Colombia's Central Bank to Make Cautious Interest Rate Cut Amidst Uncertainty
The Bank of the Republic in Colombia will likely cut interest rates by a maximum of 50 basis points this Friday, a decision influenced by internal changes within the bank, concerns about inflation despite its recent decrease, and external risks such as potential US protectionism and fiscal uncertain...
Progress
40% Bias Score
Germany's Economic Relief Package: Limited Impact Despite Tax Cuts and Child Benefit Increase
Germany's new economic relief package, effective January 2024, includes a €5 increase in child benefit to €255, tax bracket adjustments to counter cold progression, and increased child tax allowance. Despite this, the Institute of German Economy predicts many households will still have less net inco...
Germany's Economic Relief Package: Limited Impact Despite Tax Cuts and Child Benefit Increase
Germany's new economic relief package, effective January 2024, includes a €5 increase in child benefit to €255, tax bracket adjustments to counter cold progression, and increased child tax allowance. Despite this, the Institute of German Economy predicts many households will still have less net inco...
Progress
36% Bias Score
Japan Approves Tax Reforms to Fund Defense Spending, Raising Concerns About Fiscal Health
Japan's ruling parties approved tax reforms to fund a 43 trillion yen defense budget increase starting in 2026, raising corporate and tobacco taxes while also increasing income thresholds for young adults, despite concerns about reduced government revenue.
Japan Approves Tax Reforms to Fund Defense Spending, Raising Concerns About Fiscal Health
Japan's ruling parties approved tax reforms to fund a 43 trillion yen defense budget increase starting in 2026, raising corporate and tobacco taxes while also increasing income thresholds for young adults, despite concerns about reduced government revenue.
Progress
32% Bias Score
China Targets 5 Percent GDP Growth in 2025 with Proactive Fiscal and Monetary Policies
China aims for 5 percent GDP growth in 2025, employing a more proactive fiscal policy with a potential 4 percent deficit and a moderately loose monetary policy involving interest rate cuts to counter economic challenges.
China Targets 5 Percent GDP Growth in 2025 with Proactive Fiscal and Monetary Policies
China aims for 5 percent GDP growth in 2025, employing a more proactive fiscal policy with a potential 4 percent deficit and a moderately loose monetary policy involving interest rate cuts to counter economic challenges.
Progress
40% Bias Score
China Outlines 2025 Economic Priorities: Stable Growth, Proactive Policies, and Expanded Opening Up
China's Central Economic Work Conference outlined 2025 economic priorities: stable growth via proactive fiscal policy (increased deficit and spending), moderately loose monetary policy, boosted domestic demand, stabilized real estate market, and expanded opening up, aiming to counter external uncert...
China Outlines 2025 Economic Priorities: Stable Growth, Proactive Policies, and Expanded Opening Up
China's Central Economic Work Conference outlined 2025 economic priorities: stable growth via proactive fiscal policy (increased deficit and spending), moderately loose monetary policy, boosted domestic demand, stabilized real estate market, and expanded opening up, aiming to counter external uncert...
Progress
44% Bias Score
Trump Calls for Debt Ceiling Elimination
President-elect Donald Trump called for the elimination of the debt ceiling on Thursday, aligning with some Democrats who have also pushed for its removal, stating it's a meaningless concept used as a political weapon; he opposes the recently passed short-term government funding bill, which he calle...
Trump Calls for Debt Ceiling Elimination
President-elect Donald Trump called for the elimination of the debt ceiling on Thursday, aligning with some Democrats who have also pushed for its removal, stating it's a meaningless concept used as a political weapon; he opposes the recently passed short-term government funding bill, which he calle...
Progress
44% Bias Score
Germany Approves Tax Cuts to Offset Inflation
The German parliament approved tax cuts totaling 564 euros over two years, to offset inflation's impact on taxpayers; additionally, adjustments to the solidarity surcharges and child benefits were approved.
Germany Approves Tax Cuts to Offset Inflation
The German parliament approved tax cuts totaling 564 euros over two years, to offset inflation's impact on taxpayers; additionally, adjustments to the solidarity surcharges and child benefits were approved.
Progress
36% Bias Score
UK Debt Falls to Three-Year Low in November
In November, UK government borrowing fell to £11.2bn, defying forecasts of £13bn and marking the lowest November figure since 2019, owing to lower interest payments (£3bn) and higher tax receipts, offering Chancellor Rachel Reeves temporary respite from budget criticism.
UK Debt Falls to Three-Year Low in November
In November, UK government borrowing fell to £11.2bn, defying forecasts of £13bn and marking the lowest November figure since 2019, owing to lower interest payments (£3bn) and higher tax receipts, offering Chancellor Rachel Reeves temporary respite from budget criticism.
Progress
48% Bias Score
MAGA Movement Blocks Bipartisan Deal, Risks Government Shutdown
House Speaker Mike Johnson and Democrats reached a bipartisan deal to prevent a government shutdown, but the MAGA movement, spurred by Elon Musk's misinformation and Trump's and Vance's opposition focused on a debt-ceiling increase, blocked it, risking a shutdown and mirroring the three shutdowns du...
MAGA Movement Blocks Bipartisan Deal, Risks Government Shutdown
House Speaker Mike Johnson and Democrats reached a bipartisan deal to prevent a government shutdown, but the MAGA movement, spurred by Elon Musk's misinformation and Trump's and Vance's opposition focused on a debt-ceiling increase, blocked it, risking a shutdown and mirroring the three shutdowns du...
Progress
52% Bias Score
China Targets 5 Percent GDP Growth in 2025 with Proactive Economic Policies
China plans a 5 percent GDP growth target for 2025, implementing proactive fiscal and monetary policies including a potential 4 percent GDP deficit and interest rate cuts to counter economic challenges and boost domestic demand.
China Targets 5 Percent GDP Growth in 2025 with Proactive Economic Policies
China plans a 5 percent GDP growth target for 2025, implementing proactive fiscal and monetary policies including a potential 4 percent GDP deficit and interest rate cuts to counter economic challenges and boost domestic demand.
Progress
24% Bias Score
China Outlines 2025 Economic Priorities: Stable Growth, Proactive Fiscal Policy, and Boosted Domestic Demand
China's Central Economic Work Conference set economic priorities for 2025, including stable growth, proactive fiscal policy, moderately loose monetary policy, boosted domestic demand, real estate market stabilization, and expanded opening up, aiming to address economic challenges and attract foreign...
China Outlines 2025 Economic Priorities: Stable Growth, Proactive Fiscal Policy, and Boosted Domestic Demand
China's Central Economic Work Conference set economic priorities for 2025, including stable growth, proactive fiscal policy, moderately loose monetary policy, boosted domestic demand, real estate market stabilization, and expanded opening up, aiming to address economic challenges and attract foreign...
Progress
32% Bias Score
Australian Government Spending Prevents Recession, Creates One Million Jobs
Treasurer Jim Chalmers credits \$22.1 billion in federal spending over four years with averting a recession in Australia, creating one million jobs while other OECD nations faced economic contraction; the government plans further spending and tax measures before the next election.
Australian Government Spending Prevents Recession, Creates One Million Jobs
Treasurer Jim Chalmers credits \$22.1 billion in federal spending over four years with averting a recession in Australia, creating one million jobs while other OECD nations faced economic contraction; the government plans further spending and tax measures before the next election.
Progress
60% Bias Score