China to Implement Proactive Fiscal Policy with Increased Deficit and Bond Issuance
China will significantly increase its fiscal spending in 2024, raising its deficit-to-GDP ratio potentially to 4 percent and issuing more government bonds to boost economic growth, specifically targeting infrastructure and affordable housing to counter domestic and global economic headwinds.
China to Implement Proactive Fiscal Policy with Increased Deficit and Bond Issuance
China will significantly increase its fiscal spending in 2024, raising its deficit-to-GDP ratio potentially to 4 percent and issuing more government bonds to boost economic growth, specifically targeting infrastructure and affordable housing to counter domestic and global economic headwinds.
Progress
52% Bias Score
Turkey's SOEs and Public Institutions Face Record 1.6 Trillion Lira in Operational Losses
In 2024, Turkish state-owned enterprises and public institutions faced record operational losses exceeding 1.6 trillion lira ($57 billion USD), including 705 billion lira for the Social Security Institution (SGK), 239.75 billion lira for other SOEs, and 109.04 billion lira for public banks, reflecti...
Turkey's SOEs and Public Institutions Face Record 1.6 Trillion Lira in Operational Losses
In 2024, Turkish state-owned enterprises and public institutions faced record operational losses exceeding 1.6 trillion lira ($57 billion USD), including 705 billion lira for the Social Security Institution (SGK), 239.75 billion lira for other SOEs, and 109.04 billion lira for public banks, reflecti...
Progress
56% Bias Score
Musk Lowers Projected US Budget Cuts to $1 Trillion
Elon Musk lowered his projected U.S. budget cuts from $2 trillion to $1 trillion, citing the difficulty of achieving the initial target without impacting national security or mandatory spending programs. The revised goal reflects a more realistic approach to reducing government spending.
Musk Lowers Projected US Budget Cuts to $1 Trillion
Elon Musk lowered his projected U.S. budget cuts from $2 trillion to $1 trillion, citing the difficulty of achieving the initial target without impacting national security or mandatory spending programs. The revised goal reflects a more realistic approach to reducing government spending.
Progress
44% Bias Score
DOGE Aims to Cut $2 Trillion in Federal Waste
A non-governmental committee, the Department of Government Efficiency (DOGE), led by Elon Musk and Vivek Ramaswamy, aims to slash $2 trillion in government waste by July 4, 2026, through spending cuts, program eliminations, and workforce reductions, collaborating with the Office of Management and Bu...
DOGE Aims to Cut $2 Trillion in Federal Waste
A non-governmental committee, the Department of Government Efficiency (DOGE), led by Elon Musk and Vivek Ramaswamy, aims to slash $2 trillion in government waste by July 4, 2026, through spending cuts, program eliminations, and workforce reductions, collaborating with the Office of Management and Bu...
Progress
64% Bias Score
Mexico Distributes 544.6 Billion Pesos in Social Welfare Payments
On January 2nd, Mexico's Secretariat of Welfare announced the distribution of 544.6 billion pesos to over 14.5 million beneficiaries across various social programs, beginning payments on January 2nd and concluding on January 22nd, 2024, based on the initial of their last name.
Mexico Distributes 544.6 Billion Pesos in Social Welfare Payments
On January 2nd, Mexico's Secretariat of Welfare announced the distribution of 544.6 billion pesos to over 14.5 million beneficiaries across various social programs, beginning payments on January 2nd and concluding on January 22nd, 2024, based on the initial of their last name.
Progress
56% Bias Score
France Reduces Apprentice Hiring Subsidies for 2025
The French government announced that it will maintain, but reduce, subsidies for hiring apprentices in 2025, lowering the aid to \u20ac5,000 for SMEs and \u20ac2,000 for larger companies, aiming to save \u20ac1.2 billion while preventing a return to pre-pandemic support levels.
France Reduces Apprentice Hiring Subsidies for 2025
The French government announced that it will maintain, but reduce, subsidies for hiring apprentices in 2025, lowering the aid to \u20ac5,000 for SMEs and \u20ac2,000 for larger companies, aiming to save \u20ac1.2 billion while preventing a return to pre-pandemic support levels.
Progress
28% Bias Score
Contrasting Approaches to Cultural Preservation in Spain
The Spanish Ministry of Culture purchased Casa Gomis in Barcelona for €7.2 million, while failing to secure Velintonia, the Madrid home of poet Vicente Aleixandre, despite a €3.2 million bid and a court rejection of a regional government's purchase offer; this highlights inconsistencies in the minis...
Contrasting Approaches to Cultural Preservation in Spain
The Spanish Ministry of Culture purchased Casa Gomis in Barcelona for €7.2 million, while failing to secure Velintonia, the Madrid home of poet Vicente Aleixandre, despite a €3.2 million bid and a court rejection of a regional government's purchase offer; this highlights inconsistencies in the minis...
Progress
56% Bias Score
Funding Cuts for 42 Elite Perth Schools
The Australian federal government will cut annual funding to 42 elite Perth private schools by 2029, reducing payments to institutions deemed "overfunded" to 80 percent of their School Resourcing Standard (SRS) by 2029, impacting schools like St Mary's Anglican School and Hale School, while potentia...
Funding Cuts for 42 Elite Perth Schools
The Australian federal government will cut annual funding to 42 elite Perth private schools by 2029, reducing payments to institutions deemed "overfunded" to 80 percent of their School Resourcing Standard (SRS) by 2029, impacting schools like St Mary's Anglican School and Hale School, while potentia...
Progress
52% Bias Score
Cancelled A1 upgrade cost soars to £68.4m
The UK government's cancellation of the £68.4 million A1 dualling project between Morpeth and Ellingham, after spending on land, design, preparation, and surveys, sparked criticism over wasted funds and unmet safety needs for a road with many accidents, despite approval for the project having been g...
Cancelled A1 upgrade cost soars to £68.4m
The UK government's cancellation of the £68.4 million A1 dualling project between Morpeth and Ellingham, after spending on land, design, preparation, and surveys, sparked criticism over wasted funds and unmet safety needs for a road with many accidents, despite approval for the project having been g...
Progress
56% Bias Score
Social Security Fairness Act Signed, Hastening Fund Insolvency
President Biden signed the Social Security Fairness Act, boosting payments for nearly 3 million public employees by repealing provisions that reduced benefits for those receiving other pensions, though this will hasten Social Security's insolvency.
Social Security Fairness Act Signed, Hastening Fund Insolvency
President Biden signed the Social Security Fairness Act, boosting payments for nearly 3 million public employees by repealing provisions that reduced benefits for those receiving other pensions, though this will hasten Social Security's insolvency.
Progress
40% Bias Score
UK School Disrepair: Asbestos Risk and Funding Crisis
A Guardian investigation reveals that 1.5 million children in England attend schools in disrepair, with a lack of assessment for mesothelioma risk from asbestos, potentially leading to hundreds of thousands of future deaths.
UK School Disrepair: Asbestos Risk and Funding Crisis
A Guardian investigation reveals that 1.5 million children in England attend schools in disrepair, with a lack of assessment for mesothelioma risk from asbestos, potentially leading to hundreds of thousands of future deaths.
Progress
44% Bias Score
France Eases Public Procurement Access for SMEs Amidst Looming Debt Crisis
France's new government enacted two decrees in late December 2024 to simplify public procurement for SMEs, offering limited relief amid a looming debt crisis that may curb public spending in 2025, despite a previous, stalled, reform aiming to streamline the €171 billion public procurement market.
France Eases Public Procurement Access for SMEs Amidst Looming Debt Crisis
France's new government enacted two decrees in late December 2024 to simplify public procurement for SMEs, offering limited relief amid a looming debt crisis that may curb public spending in 2025, despite a previous, stalled, reform aiming to streamline the €171 billion public procurement market.
Progress
40% Bias Score