German Parental Allowance Loses 38% Purchasing Power Since 2007
A study by the Institute of the German Economy (IW) reveals that Germany's parental allowance (Elterngeld) has lost 38 percent of its purchasing power since 2007 due to uncompensated inflation, impacting the middle class and exceeding a broken governmental promise to adjust the allowance.
German Parental Allowance Loses 38% Purchasing Power Since 2007
A study by the Institute of the German Economy (IW) reveals that Germany's parental allowance (Elterngeld) has lost 38 percent of its purchasing power since 2007 due to uncompensated inflation, impacting the middle class and exceeding a broken governmental promise to adjust the allowance.
Progress
56% Bias Score
Israel Faces Looming Poverty Crisis Amidst Planned Economic Increases
The 2024 Latet report shows 1.24 million Israeli children (39.6%) and 678,200 families live in poverty; The Soup Kitchen warns that planned economic increases will cause a major crisis, as requests for aid have risen 40% since the war.
Israel Faces Looming Poverty Crisis Amidst Planned Economic Increases
The 2024 Latet report shows 1.24 million Israeli children (39.6%) and 678,200 families live in poverty; The Soup Kitchen warns that planned economic increases will cause a major crisis, as requests for aid have risen 40% since the war.
Progress
56% Bias Score
Bitcoin Price Plunges Amidst Monetary Policy Concerns
Bitcoin's price has dropped to approximately $90,000 from over $100,000 due to the Federal Reserve's monetary policy and a predicted $4.1 trillion decrease in the global money supply, potentially causing a further fall to $20,000 according to analysts.
Bitcoin Price Plunges Amidst Monetary Policy Concerns
Bitcoin's price has dropped to approximately $90,000 from over $100,000 due to the Federal Reserve's monetary policy and a predicted $4.1 trillion decrease in the global money supply, potentially causing a further fall to $20,000 according to analysts.
Progress
68% Bias Score
Turkey Raises Minimum Wage by 30% to 22,104 TRY
Turkey's minimum wage will be 22,104 TRY net per month starting January 1, 2025, a 30% increase, with government employer support rising to 1000 TRY; TÜRK-İŞ criticized this as insufficient.
Turkey Raises Minimum Wage by 30% to 22,104 TRY
Turkey's minimum wage will be 22,104 TRY net per month starting January 1, 2025, a 30% increase, with government employer support rising to 1000 TRY; TÜRK-İŞ criticized this as insufficient.
Progress
36% Bias Score
Food Bank Donations Plummet in Saxony Amidst Rising Demand
Food banks in Saxony, Germany are experiencing a decrease in donations as retail costs rise, while demand surges due to inflation; this has led to waiting lists for new clients in some areas, primarily impacting rural communities.
Food Bank Donations Plummet in Saxony Amidst Rising Demand
Food banks in Saxony, Germany are experiencing a decrease in donations as retail costs rise, while demand surges due to inflation; this has led to waiting lists for new clients in some areas, primarily impacting rural communities.
Progress
36% Bias Score
Gold Prices Steady Amidst Economic Uncertainty
Spot gold rose 0.1% to $2,616.88 per ounce on Tuesday, driven by low liquidity and anticipation of the Fed's interest rate decisions and President-elect Trump's policies; gold had a stellar 2024, gaining 27%.
Gold Prices Steady Amidst Economic Uncertainty
Spot gold rose 0.1% to $2,616.88 per ounce on Tuesday, driven by low liquidity and anticipation of the Fed's interest rate decisions and President-elect Trump's policies; gold had a stellar 2024, gaining 27%.
Progress
40% Bias Score
Real Interest Rates and Investment Performance: Beyond Nominal Returns
This article analyzes investment performance measurement, emphasizing the importance of real interest rates (nominal interest rate minus inflation) to determine true investment success and comparing investment returns to market indices and inflation; it also explains the recent decoupling of gold pr...
Real Interest Rates and Investment Performance: Beyond Nominal Returns
This article analyzes investment performance measurement, emphasizing the importance of real interest rates (nominal interest rate minus inflation) to determine true investment success and comparing investment returns to market indices and inflation; it also explains the recent decoupling of gold pr...
Progress
36% Bias Score
US Solar Tariffs to Hike Prices, Disrupt Supply Chains
New US tariffs on solar cells from several Asian countries, including a doubled tariff on Chinese imports, are predicted to increase inflation, disrupt supply chains, and potentially slow down the US solar market's growth, despite incentives from the Inflation Reduction Act.
US Solar Tariffs to Hike Prices, Disrupt Supply Chains
New US tariffs on solar cells from several Asian countries, including a doubled tariff on Chinese imports, are predicted to increase inflation, disrupt supply chains, and potentially slow down the US solar market's growth, despite incentives from the Inflation Reduction Act.
Progress
44% Bias Score
Turbulent 2024: Navalny's Death, Terrorism, and Russia's Economic Woes
The year 2024 witnessed significant events in Russia, including the death of opposition leader Alexei Navalny, a deadly ISIS-K-claimed attack on Crocus City Hall, attacks in Dagestan, a major prisoner exchange, a Ukrainian incursion into the Kursk region, and rising inflation.
Turbulent 2024: Navalny's Death, Terrorism, and Russia's Economic Woes
The year 2024 witnessed significant events in Russia, including the death of opposition leader Alexei Navalny, a deadly ISIS-K-claimed attack on Crocus City Hall, attacks in Dagestan, a major prisoner exchange, a Ukrainian incursion into the Kursk region, and rising inflation.
Progress
24% Bias Score
CEMAC Leaders Agree on Urgent Economic Reforms to Avert Collapse
CEMAC leaders in Yaoundé agreed on urgent economic reforms to avoid collapse, focusing on strengthening reserves, controlling inflation, repatriating revenues, and diversifying economies to counter underperformance and weak reforms.
CEMAC Leaders Agree on Urgent Economic Reforms to Avert Collapse
CEMAC leaders in Yaoundé agreed on urgent economic reforms to avoid collapse, focusing on strengthening reserves, controlling inflation, repatriating revenues, and diversifying economies to counter underperformance and weak reforms.
Progress
40% Bias Score
Disappointing Christmas Sales in Germany Amidst Economic Uncertainty
Germany's Christmas retail sales fell short of the projected \u20ac121 billion due to global political instability and economic uncertainty impacting consumer confidence, resulting in decreased spending, although the post-Christmas sales period offers some relief.
Disappointing Christmas Sales in Germany Amidst Economic Uncertainty
Germany's Christmas retail sales fell short of the projected \u20ac121 billion due to global political instability and economic uncertainty impacting consumer confidence, resulting in decreased spending, although the post-Christmas sales period offers some relief.
Progress
48% Bias Score
CEMAC Economic Growth Projected at 2.7% in 2024
The CEMAC's economic growth is projected to rise to 2.7% in 2024 from 2% in 2023, driven by improvements in non-oil sectors, while inflation will ease to 4.4%. The Monetary Policy Committee decided to keep interest rates unchanged due to remaining economic vulnerabilities.
CEMAC Economic Growth Projected at 2.7% in 2024
The CEMAC's economic growth is projected to rise to 2.7% in 2024 from 2% in 2023, driven by improvements in non-oil sectors, while inflation will ease to 4.4%. The Monetary Policy Committee decided to keep interest rates unchanged due to remaining economic vulnerabilities.
Progress
32% Bias Score