OSFI Maintains 3.5% Domestic Stability Buffer for Canada's Largest Banks
Canada's Office of the Superintendent of Financial Institutions (OSFI) maintained the domestic stability buffer (DSB) for its largest banks at 3.5 percent of risk-weighted assets on Tuesday, citing elevated but stable systemic risks and the need to ensure financial system resilience despite uncertai...
OSFI Maintains 3.5% Domestic Stability Buffer for Canada's Largest Banks
Canada's Office of the Superintendent of Financial Institutions (OSFI) maintained the domestic stability buffer (DSB) for its largest banks at 3.5 percent of risk-weighted assets on Tuesday, citing elevated but stable systemic risks and the need to ensure financial system resilience despite uncertai...
Progress
40% Bias Score
Global Economic Shift: Fiscal Policy Takes Center Stage in 2024
In 2024, a global economic shift occurred where fiscal policy replaced monetary policy as the primary driver, with governments assuming greater control. This change, particularly evident in the US following Trump's election, is influenced by relatively controlled inflation, although concerns remain,...
Global Economic Shift: Fiscal Policy Takes Center Stage in 2024
In 2024, a global economic shift occurred where fiscal policy replaced monetary policy as the primary driver, with governments assuming greater control. This change, particularly evident in the US following Trump's election, is influenced by relatively controlled inflation, although concerns remain,...
Progress
32% Bias Score
Global Shares Dip on Weak Economic Data, Awaiting Fed Decision
Global equities edged lower on December 20, 2024, due to weak economic data from China and Europe, with investors awaiting the U.S. Federal Reserve's decision on interest rates; the Dow fell slightly, while the S&P 500 and Nasdaq rose, and oil prices dropped.
Global Shares Dip on Weak Economic Data, Awaiting Fed Decision
Global equities edged lower on December 20, 2024, due to weak economic data from China and Europe, with investors awaiting the U.S. Federal Reserve's decision on interest rates; the Dow fell slightly, while the S&P 500 and Nasdaq rose, and oil prices dropped.
Progress
32% Bias Score
Britain Joins CPTPP, Boosting Bloc's Global Economic Output
Britain joined the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) on Sunday, increasing the trade bloc's membership to 12 and its share of global economic output to 15 percent, marking the first expansion since 2018.
Britain Joins CPTPP, Boosting Bloc's Global Economic Output
Britain joined the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) on Sunday, increasing the trade bloc's membership to 12 and its share of global economic output to 15 percent, marking the first expansion since 2018.
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0% Bias Score
Record November EV Sales Driven by China, While Europe Shows Decline
Global electric vehicle sales reached a record 1.8 million units in November 2024, with China accounting for over 1.3 million sales; however, European sales declined by 3%, highlighting uneven global growth.
Record November EV Sales Driven by China, While Europe Shows Decline
Global electric vehicle sales reached a record 1.8 million units in November 2024, with China accounting for over 1.3 million sales; however, European sales declined by 3%, highlighting uneven global growth.
Progress
40% Bias Score
Trump's Tariffs Threaten $200 Million Loss for Stanley Black & Decker
Following Donald Trump's 2024 election victory, Stanley Black & Decker faces a projected $200 million pretax loss due to Trump's proposed tariff increases on goods from China, Mexico, and Canada; the company plans to reposition its supply chain, move production away from China, and raise prices to o...
Trump's Tariffs Threaten $200 Million Loss for Stanley Black & Decker
Following Donald Trump's 2024 election victory, Stanley Black & Decker faces a projected $200 million pretax loss due to Trump's proposed tariff increases on goods from China, Mexico, and Canada; the company plans to reposition its supply chain, move production away from China, and raise prices to o...
Progress
48% Bias Score
China's November Economic Data: Mixed Signals Amidst Policy Shift
China's November economic data showed a 3% rise in retail sales (below forecasts), a 5.4% increase in industrial production (above forecasts), and a continued 10.4% decline in real estate investment; the government announced plans for proactive fiscal tools and moderately loose monetary policies to ...
China's November Economic Data: Mixed Signals Amidst Policy Shift
China's November economic data showed a 3% rise in retail sales (below forecasts), a 5.4% increase in industrial production (above forecasts), and a continued 10.4% decline in real estate investment; the government announced plans for proactive fiscal tools and moderately loose monetary policies to ...
Progress
48% Bias Score
Global Markets React to Weak Chinese Data, Bitcoin Surge
Asian and European markets fell Monday following weak Chinese economic data for November, while Bitcoin surged past \$106,000 amid expectations of lighter U.S. regulation under President-elect Trump; the U.S. dollar fell against the yen and euro.
Global Markets React to Weak Chinese Data, Bitcoin Surge
Asian and European markets fell Monday following weak Chinese economic data for November, while Bitcoin surged past \$106,000 amid expectations of lighter U.S. regulation under President-elect Trump; the U.S. dollar fell against the yen and euro.
Progress
36% Bias Score
US Art Market Shows Resilience Despite Trump's Return
Following the US election resulting in Donald Trump's second term, the international art market shows mixed signals: a $121.2 million Magritte sale contrasts with overall lower auction results; Art Basel Miami Beach reports strong sales, but concerns remain about potential import tariffs and arts fu...
US Art Market Shows Resilience Despite Trump's Return
Following the US election resulting in Donald Trump's second term, the international art market shows mixed signals: a $121.2 million Magritte sale contrasts with overall lower auction results; Art Basel Miami Beach reports strong sales, but concerns remain about potential import tariffs and arts fu...
Progress
36% Bias Score
Pfizer's Dutch Subsidiary Reports $11.4 Billion Profit Despite Reduced COVID-19 Sales
Pfizer's Dutch subsidiary reported an $11.4 billion profit for the year ending November 2023, down from previous years due to decreased COVID-19 vaccine and treatment sales, but still comparable to pre-pandemic levels; the subsidiary manages operations for most Pfizer entities outside the U.S.
Pfizer's Dutch Subsidiary Reports $11.4 Billion Profit Despite Reduced COVID-19 Sales
Pfizer's Dutch subsidiary reported an $11.4 billion profit for the year ending November 2023, down from previous years due to decreased COVID-19 vaccine and treatment sales, but still comparable to pre-pandemic levels; the subsidiary manages operations for most Pfizer entities outside the U.S.
Progress
40% Bias Score
Record November EV Sales: China Leads, Europe Lags
Global electric vehicle sales reached a record 1.8 million units in November 2024, exceeding October's record; China led with 1.3 million units, while Europe saw a 3% year-to-date decline due to high production costs and competition.
Record November EV Sales: China Leads, Europe Lags
Global electric vehicle sales reached a record 1.8 million units in November 2024, exceeding October's record; China led with 1.3 million units, while Europe saw a 3% year-to-date decline due to high production costs and competition.
Progress
32% Bias Score
G20 Summit Reflects Growing Pressure for Global Governance Reform
The 2023 G20 summit, expanded to include the African Union, reflects growing pressure for reform of the Western-dominated global order, as evidenced by the rise of BRICS and calls for restructuring global financial institutions.
G20 Summit Reflects Growing Pressure for Global Governance Reform
The 2023 G20 summit, expanded to include the African Union, reflects growing pressure for reform of the Western-dominated global order, as evidenced by the rise of BRICS and calls for restructuring global financial institutions.
Progress
56% Bias Score