French Profit-Sharing Law to Boost Employee Savings to €200 Billion by 2024
The 2023 French "loi sur le partage de la valeur" mandates profit-sharing for companies with 11-49 employees starting in 2025, boosting employee savings, which reached €190 billion in 2023 and are projected to grow 5% in 2024, impacting 13 million workers in nearly 400,000 companies.
French Profit-Sharing Law to Boost Employee Savings to €200 Billion by 2024
The 2023 French "loi sur le partage de la valeur" mandates profit-sharing for companies with 11-49 employees starting in 2025, boosting employee savings, which reached €190 billion in 2023 and are projected to grow 5% in 2024, impacting 13 million workers in nearly 400,000 companies.
Progress
28% Bias Score
Train Driver Pay Deal Risks Worsening Christmas Rail Disruptions
Labour's 14% pay increase for train drivers, averaging nearly \£70,000 annually, is causing potential Christmas travel chaos due to reduced overtime availability, exposing the existing over-reliance on rest day working and impacting services already reduced due to planned engineering works.
Train Driver Pay Deal Risks Worsening Christmas Rail Disruptions
Labour's 14% pay increase for train drivers, averaging nearly \£70,000 annually, is causing potential Christmas travel chaos due to reduced overtime availability, exposing the existing over-reliance on rest day working and impacting services already reduced due to planned engineering works.
Progress
60% Bias Score
"Russian Mortgage Market to Shrink by 20% in 2025 Amidst High Interest Rates"
"VTB Bank projects a 35% decline in Russian mortgage lending in 2024 to 5 trillion rubles, followed by a further 20% drop to 4 trillion rubles in 2025, due to high interest rates and changes to government programs; non-mortgage transactions are expected to reach 1.8 million, comprising 60% of real e...
"Russian Mortgage Market to Shrink by 20% in 2025 Amidst High Interest Rates"
"VTB Bank projects a 35% decline in Russian mortgage lending in 2024 to 5 trillion rubles, followed by a further 20% drop to 4 trillion rubles in 2025, due to high interest rates and changes to government programs; non-mortgage transactions are expected to reach 1.8 million, comprising 60% of real e...
Progress
40% Bias Score
Senate Republicans Block NLRB Confirmation, Shifting Power Balance
The Senate failed to confirm Lauren McFarren to a second term at the National Labor Relations Board by a vote of 49-50, due to opposition from Sens. Manchin and Sinema; this will allow the incoming Trump administration to nominate a replacement, altering the agency's agenda and impacting future labo...
Senate Republicans Block NLRB Confirmation, Shifting Power Balance
The Senate failed to confirm Lauren McFarren to a second term at the National Labor Relations Board by a vote of 49-50, due to opposition from Sens. Manchin and Sinema; this will allow the incoming Trump administration to nominate a replacement, altering the agency's agenda and impacting future labo...
Progress
52% Bias Score
Delayed Wage Index Increases Greek Self-Employed Contributions by 2.7%
Over 800,000 self-employed Greek workers will face a 2.7% increase in social security contributions starting January 2025 due to the delayed implementation of a new wage index, resulting in a €6.43 monthly increase for the most popular insurance category, while a potential further increase is expect...
Delayed Wage Index Increases Greek Self-Employed Contributions by 2.7%
Over 800,000 self-employed Greek workers will face a 2.7% increase in social security contributions starting January 2025 due to the delayed implementation of a new wage index, resulting in a €6.43 monthly increase for the most popular insurance category, while a potential further increase is expect...
Progress
52% Bias Score
German Prime Retail Space Competition Intensifies Despite Nationwide Closures
Vacancy rates for prime retail spaces in nine major German cities decreased to around 15% in the second half of 2023, a sign of resilience in the face of economic challenges, but still significantly higher than pre-pandemic levels; this contrasts sharply with the expected closure of around 5,000 sto...
German Prime Retail Space Competition Intensifies Despite Nationwide Closures
Vacancy rates for prime retail spaces in nine major German cities decreased to around 15% in the second half of 2023, a sign of resilience in the face of economic challenges, but still significantly higher than pre-pandemic levels; this contrasts sharply with the expected closure of around 5,000 sto...
Progress
36% Bias Score
PPI Surges, Jobless Claims Rise: Inflation, Fed Rate Decision in Limbo
The producer price index (PPI) rose 0.4% in November, exceeding expectations, while jobless claims increased to 242,000, the highest since early October; conflicting signals raise uncertainty about the Federal Reserve's next move.
PPI Surges, Jobless Claims Rise: Inflation, Fed Rate Decision in Limbo
The producer price index (PPI) rose 0.4% in November, exceeding expectations, while jobless claims increased to 242,000, the highest since early October; conflicting signals raise uncertainty about the Federal Reserve's next move.
Progress
44% Bias Score
MindIQ Founder Fires Top Salesperson Despite High Performance
Louie Bernstein, founder of MindIQ, fired his top salesperson in the late 1980s due to uncoachability and negative impact on workplace morale, despite her high sales; this decision ultimately improved team dynamics and sales.
MindIQ Founder Fires Top Salesperson Despite High Performance
Louie Bernstein, founder of MindIQ, fired his top salesperson in the late 1980s due to uncoachability and negative impact on workplace morale, despite her high sales; this decision ultimately improved team dynamics and sales.
Progress
48% Bias Score
Russia's Subsidized Mortgages Inflate Housing Prices Without Boosting Construction
Between May 2020 and June 2024, Russia's multi-apartment construction increased by 15% to 115 million square meters due to subsidized mortgages; however, apartment prices doubled or tripled, indicating that the program inflated prices rather than boosting construction.
Russia's Subsidized Mortgages Inflate Housing Prices Without Boosting Construction
Between May 2020 and June 2024, Russia's multi-apartment construction increased by 15% to 115 million square meters due to subsidized mortgages; however, apartment prices doubled or tripled, indicating that the program inflated prices rather than boosting construction.
Progress
44% Bias Score
"Met Police Faces First-Ever Staff Strike Amid Budget Crisis and Return-to-Office Mandate"
"Over 50% of the 2,400 Met Police PCS union members voted to strike over a return-to-office mandate, impacting 999 call handlers, PCSOs, and child protection experts, potentially jeopardizing public safety amid existing budget cuts and staff reductions."
"Met Police Faces First-Ever Staff Strike Amid Budget Crisis and Return-to-Office Mandate"
"Over 50% of the 2,400 Met Police PCS union members voted to strike over a return-to-office mandate, impacting 999 call handlers, PCSOs, and child protection experts, potentially jeopardizing public safety amid existing budget cuts and staff reductions."
Progress
56% Bias Score
Spanish Retirement in 2025: Ages, Requirements, and Pensions
In 2025, Spain's legal retirement age is 66 years and 8 months (under 38 years and 3 months of contributions) or 65 years (38 years and 3 months or more); early retirement incurs reductions of up to 21%; minimum and maximum pensions will increase by 2.8%, with the maximum reaching 3,267.55 euros mon...
Spanish Retirement in 2025: Ages, Requirements, and Pensions
In 2025, Spain's legal retirement age is 66 years and 8 months (under 38 years and 3 months of contributions) or 65 years (38 years and 3 months or more); early retirement incurs reductions of up to 21%; minimum and maximum pensions will increase by 2.8%, with the maximum reaching 3,267.55 euros mon...
Progress
40% Bias Score
Spanish Unemployment Reaches 2.5 Million in November 2024
Over 2.5 million Spaniards were unemployed in November 2024; to receive benefits, individuals must have contributed for at least 360 days in the past six years, with benefit duration ranging from four months to two years based on contribution levels.
Spanish Unemployment Reaches 2.5 Million in November 2024
Over 2.5 million Spaniards were unemployed in November 2024; to receive benefits, individuals must have contributed for at least 360 days in the past six years, with benefit duration ranging from four months to two years based on contribution levels.
Progress
20% Bias Score