Trump Threatens EU Tariffs Over Energy Trade Deficit
President-elect Trump threatened increased tariffs on the European Union unless they significantly increase their purchases of American oil and gas to offset the trade deficit; this adds to market uncertainty and could worsen global inflation.
Trump Threatens EU Tariffs Over Energy Trade Deficit
President-elect Trump threatened increased tariffs on the European Union unless they significantly increase their purchases of American oil and gas to offset the trade deficit; this adds to market uncertainty and could worsen global inflation.
Progress
48% Bias Score
Russia Revives Barter Trade Amidst Heightened Sanctions
Facing intensified international sanctions, Russia is reviving barter trade, as seen in a recent deal with Pakistan exchanging 65,000 tons of agricultural goods, highlighting the economic impact of sanctions and Russia's adaptation strategies.
Russia Revives Barter Trade Amidst Heightened Sanctions
Facing intensified international sanctions, Russia is reviving barter trade, as seen in a recent deal with Pakistan exchanging 65,000 tons of agricultural goods, highlighting the economic impact of sanctions and Russia's adaptation strategies.
Progress
32% Bias Score
Global App Spending Rises Despite Download Decline in 2024
Global consumer spending on mobile apps and games reached \$127 billion in 2024, a 15.7% increase, while downloads fell by 2.3% to 110 billion; the top 10 apps generated 13.7% of spending, and subscription apps, though only 5% of total apps, accounted for 48% of revenue.
Global App Spending Rises Despite Download Decline in 2024
Global consumer spending on mobile apps and games reached \$127 billion in 2024, a 15.7% increase, while downloads fell by 2.3% to 110 billion; the top 10 apps generated 13.7% of spending, and subscription apps, though only 5% of total apps, accounted for 48% of revenue.
Progress
24% Bias Score
Global Butter Shortage Drives Up Prices Across Europe
The price of butter has risen sharply across Europe, up 19% on average in the EU from October 2023 to October 2024, due to global milk shortages caused by factors including reduced milk production in the US and New Zealand, higher energy costs, disease outbreaks, and falling milk prices discouraging...
Global Butter Shortage Drives Up Prices Across Europe
The price of butter has risen sharply across Europe, up 19% on average in the EU from October 2023 to October 2024, due to global milk shortages caused by factors including reduced milk production in the US and New Zealand, higher energy costs, disease outbreaks, and falling milk prices discouraging...
Progress
52% Bias Score
Turkish Economy Forecast: Slow Growth, High Inflation Predicted for 2025
Experts at an Istanbul Bilgi University panel predicted slower but stable growth for the Turkish economy in 2025, citing global uncertainty, particularly US-China tensions and Turkey's unique monetary policy as key factors; inflation is projected around 35 percent, and the Turkish lira is expected t...
Turkish Economy Forecast: Slow Growth, High Inflation Predicted for 2025
Experts at an Istanbul Bilgi University panel predicted slower but stable growth for the Turkish economy in 2025, citing global uncertainty, particularly US-China tensions and Turkey's unique monetary policy as key factors; inflation is projected around 35 percent, and the Turkish lira is expected t...
Progress
40% Bias Score
New Zealand Enters Recession as GDP Plunges 1.0%
New Zealand's economy experienced a sharper-than-expected 1.0% GDP contraction in the September quarter, marking a recession and prompting predictions of further interest rate cuts by the Reserve Bank of New Zealand, amid government concerns over the central bank's role.
New Zealand Enters Recession as GDP Plunges 1.0%
New Zealand's economy experienced a sharper-than-expected 1.0% GDP contraction in the September quarter, marking a recession and prompting predictions of further interest rate cuts by the Reserve Bank of New Zealand, amid government concerns over the central bank's role.
Progress
44% Bias Score
Trump's Tariff Threat: India Navigates a Complex Trade Relationship
President-elect Trump threatens 100% tariffs on BRICS nations, including India, if they replace the US dollar; despite past trade conflicts, Trump and Indian Prime Minister Modi's close relationship may lessen the impact, although a significant trade imbalance remains.
Trump's Tariff Threat: India Navigates a Complex Trade Relationship
President-elect Trump threatens 100% tariffs on BRICS nations, including India, if they replace the US dollar; despite past trade conflicts, Trump and Indian Prime Minister Modi's close relationship may lessen the impact, although a significant trade imbalance remains.
Progress
36% Bias Score
Fed's Hawkish Pivot Triggers Global Market Selloff
The Federal Reserve's hawkish pivot triggered a sharp global selloff in stock markets on Thursday, December 21, 2023, with major indices falling significantly, and bond yields rising across the Atlantic.
Fed's Hawkish Pivot Triggers Global Market Selloff
The Federal Reserve's hawkish pivot triggered a sharp global selloff in stock markets on Thursday, December 21, 2023, with major indices falling significantly, and bond yields rising across the Atlantic.
Progress
44% Bias Score
European Butter Prices Soar Amidst Global Milk Shortage
Butter prices in Europe have increased drastically, averaging a 19% rise from October 2023 to October 2024 due to decreased milk production globally, impacting consumers' budgets and leading to political debate in some countries.
European Butter Prices Soar Amidst Global Milk Shortage
Butter prices in Europe have increased drastically, averaging a 19% rise from October 2023 to October 2024 due to decreased milk production globally, impacting consumers' budgets and leading to political debate in some countries.
Progress
56% Bias Score
Trump's Protectionist Stance Reshapes Republican Trade Policy
President-elect Trump's embrace of tariffs signals a significant departure from the Republican Party's historical pro-free trade stance, potentially leading to higher prices for consumers and a more protectionist economic policy.
Trump's Protectionist Stance Reshapes Republican Trade Policy
President-elect Trump's embrace of tariffs signals a significant departure from the Republican Party's historical pro-free trade stance, potentially leading to higher prices for consumers and a more protectionist economic policy.
Progress
40% Bias Score
Fed Rate Cut Weakens Yuan, Hong Kong Mirrors Move
The U.S. Federal Reserve cut its key interest rate by 25 basis points, causing the offshore yuan to weaken to 7.3218 against the dollar; the Hong Kong Monetary Authority also reduced its base rate by 25 basis points to 4.75%; China maintained its loan prime rates, while the market anticipates furthe...
Fed Rate Cut Weakens Yuan, Hong Kong Mirrors Move
The U.S. Federal Reserve cut its key interest rate by 25 basis points, causing the offshore yuan to weaken to 7.3218 against the dollar; the Hong Kong Monetary Authority also reduced its base rate by 25 basis points to 4.75%; China maintained its loan prime rates, while the market anticipates furthe...
Progress
32% Bias Score
Fed Rate Cut Disappoints Markets, Triggering Sharp Sell-Off
The Federal Reserve lowered interest rates by 0.25 percentage points on Wednesday, reducing its target range to 4.25%-4.5%, while revising its 2025 rate cut projections from four to two; this triggered a sharp sell-off in U.S. markets, which continued into Asia-Pacific markets; the Bank of Japan hel...
Fed Rate Cut Disappoints Markets, Triggering Sharp Sell-Off
The Federal Reserve lowered interest rates by 0.25 percentage points on Wednesday, reducing its target range to 4.25%-4.5%, while revising its 2025 rate cut projections from four to two; this triggered a sharp sell-off in U.S. markets, which continued into Asia-Pacific markets; the Bank of Japan hel...
Progress
48% Bias Score