Tag #Inflation

bbc.com
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Turkey's Minimum Wage Commission to Convene Amidst Inflation Debate

Turkey's minimum wage commission, including representatives from employers, employees, and the government, will meet on December 10th to decide on the 2024 minimum wage, impacting seven million workers and raising questions about balancing inflation and wealth distribution.

Progress

36% Bias Score

No Poverty
cbsnews.com
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Central Banks' Gold Buying Spree: Diversification and Resilience in Uncertain Times

Central banks are significantly increasing their gold reserves, driven by diversification needs, inflation hedging, financial security, and historical trust in gold's stability; this counters reliance on fiat currencies and strengthens resilience during economic crises.

Progress

52% Bias Score

Reduced Inequality
elpais.com
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\"Inflation Widens Regional Income Disparity in Spain\"\

\"Soaring inflation in 2022 widened the gap in real income growth across Spanish regions, exceeding the OECD average and highlighting pre-existing economic imbalances; some areas, particularly those with a heavier reliance on primary industries and tourism, suffered more significantly.\"

Progress

56% Bias Score

Reduced Inequality
theguardian.com
🌐 75% Global Worthiness
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Lifeline Surge Reflects Stagnant Australian Economy, Affecting Pre-Election Landscape

Lifeline Australia reports a significant increase in calls due to financial stress and lingering COVID anxieties, coinciding with minimal economic growth and high inflation, creating a challenging pre-election scenario for the Australian government.

Progress

40% Bias Score

No Poverty
theglobeandmail.com
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Fed Chair Powell Emphasizes Independence, Cautious on Rate Cuts

Federal Reserve Chair Jerome Powell reiterated the central bank's commitment to independence from political influence to ensure economic stability for all Americans, while indicating a cautious approach to further interest rate cuts despite recent positive economic data.

Progress

40% Bias Score

Reduced Inequality
t24.com.tr
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ABD Ekonomisi Beklenenden Daha Güçlü: Fed Daha Temkinli Olacak

Fed Başkanı Jerome Powell, ABD ekonomisinin Eylül ayında tahmin edilenden daha güçlü olduğunu ve bu nedenle faiz oranlarını düşürürken daha temkinli olacaklarını açıkladı. Powell, ekonomik büyümenin, enflasyonun düşmesinin ve düşük işsizlik oranının ABD ekonomisinin güçlü durumda olduğunu gösterdiği...

Progress

40% Bias Score

theglobeandmail.com
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Global Central Banks Respond to Economic Challenges as Bitcoin Hits $100,000

Central banks in Europe, Australia, and Brazil are adjusting interest rates in response to varied economic challenges; Bitcoin surpasses $100,000; and U.S. inflation data will influence the Federal Reserve's decision on further interest rate cuts.

Progress

44% Bias Score

Reduced Inequality
theglobeandmail.com
🌐 85% Global Worthiness
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Major Economic Data Releases to Shape Global Markets Dec. 9-13

The week of December 9-13 brings crucial economic data releases from major countries, including inflation rates, economic output, trade balances, and labor market figures, providing insights into global economic health and monetary policy.

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0% Bias Score

Decent Work and Economic Growth
t24.com.tr
🌐 75% Global Worthiness
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Turkey's 2025 Minimum Wage Increase to Balance Worker Needs and Employer Costs

Turkey's Vice President, Cevdet Yılmaz, announced that the 2025 minimum wage increase will be determined by a three-party commission balancing the needs of workers and employers' costs, considering the current minimum wage's net employee cost of 17,012.12 lira and the 23,502.94 lira total cost to em...

Progress

64% Bias Score

Decent Work and Economic Growth
cnn.com
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Strong US Economy Allows for Cautious Interest Rate Cuts Amidst Trump Tariff Uncertainty

Federal Reserve Chair Jerome Powell stated that the US economy's strength allows for cautious interest rate cuts despite expectations of a third cut this month; however, President-elect Trump's proposed tariffs on imports from Mexico, Canada, and China threaten to increase inflation and decrease con...

Progress

44% Bias Score

t24.com.tr
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Contrasting Developments in Syria: Peace Process and HTS Formation in January 2017

January 2017 witnessed the launch of the Astana peace process for Syria alongside the formation of Hayat Tahrir al-Sham (HTS), a designated terrorist group; this contrasting development complicated efforts towards a political solution.

Progress

44% Bias Score

abcnews.go.com
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Bitcoin Tops \$100,000 as Wall Street, Asian Markets Surge

Bitcoin hit \$100,000 for the first time, boosting Asian markets except South Korea, which fell due to President Yoon Suk Yeol facing impeachment after a short-lived martial law declaration; Wall Street also hit record highs driven by the AI boom.

Progress

40% Bias Score