Tag #Political Economy

theguardian.com
🌐 85% Global Worthiness
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UK Unveils £78bn Growth Plan Amid Environmental and Regional Concerns

UK Chancellor Rachel Reeves unveiled a £78bn plan to boost economic growth, focusing on creating a tech hub between Oxford and Cambridge, expanding Heathrow, and improving infrastructure; however, this has raised concerns about environmental impacts and regional inequalities.

Progress

48% Bias Score

Decent Work and Economic Growth
forbes.com
🌐 90% Global Worthiness
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Energy Transition: A 2050 Outlook and Political Hurdles

The International Energy Agency (IEA) and OPEC project that fossil fuels will comprise over 70% of the global energy mix by 2050, necessitating a tripling of renewable energy investments to \$4 trillion annually by 2030 to achieve a net-zero emissions scenario by 2050, while overcoming political cha...

Progress

52% Bias Score

Climate Action
dw.com
🌐 85% Global Worthiness
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Turkey's 2025 Economic Outlook: Slow Growth, High Inflation, and Unemployment

Turkey's economy, despite 4.5% growth in 2023, faces challenges in 2025, with projected 3% growth, inflation possibly reaching 30%, unemployment at 9.9% (IMF), and a budget deficit nearing 2 trillion TL, impacting millions.

Progress

44% Bias Score

No Poverty
forbes.com
🌐 75% Global Worthiness
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Biden's Stock Market Performance Ranks Ninth Since 1929

Based on S&P 500 Total Return Index data from 1929, Joe Biden's presidency (2021-2024) shows a 13.49% annual stock market return, ranking ninth among US presidents since 1929, exceeding Jimmy Carter but trailing George H.W. Bush. Bill Clinton's presidency (1993-2001) achieved the highest return at 1...

Progress

56% Bias Score

Decent Work and Economic Growth
jpost.com
🌐 75% Global Worthiness
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Israeli Budget: Higher Taxes, Inefficient Spending, and Systemic Issues"

Israel's proposed 2025 budget, amidst war, political instability, and uncertainty, will negatively impact citizens through higher taxes and increased prices, highlighting the government's inefficient planning compared to the private sector's focus on results.

Progress

56% Bias Score

Reduced Inequality
corriere.it
🌐 75% Global Worthiness
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Italy's Ecological Transition: Costs, Political Resistance, and Investment Decline

Lucrezia Reichlin's November 30th Corriere della Sera article highlights Italy's insufficient planning for ecological transition costs, causing public disinterest, political resistance, and a sharp decline in ESG investments from $160 billion in Q4 2021 to $10.4 billion in Q3 2022.

Progress

48% Bias Score

Climate Action
theguardian.com
🌐 75% Global Worthiness
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University Degrees Remain a Valuable Investment Despite Rising Student Debt

A former UK minister argues that despite high student loan debt, a university degree remains a sound investment, boosting lifetime earnings by an average of £280,000 for men and £190,000 for women, countering recent government criticism.

Progress

56% Bias Score

Quality Education
elpais.com
🌐 85% Global Worthiness
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Chilean Elite's Legitimacy Crisis and Economic Consequences

French-American political scientist Rachel Théodore, based in Chile since 2008, identifies a 'cultural pessimism' among Chileans and a 'pigmentocracy' where elites maintain a distinct separation from the mestizo population; she also highlights the impact of 2014 corruption cases and 2019 social unre...

Progress

40% Bias Score

Reduced Inequality
cnn.com
🌐 85% Global Worthiness
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US Housing Slump Deepens in 2024; 2025 Outlook Remains Uncertain

America's housing market experienced a deep slump in 2024, marked by record-high home prices (median $406,100 in November), low inventory, and high mortgage rates (6.85% average 30-year fixed rate last week), creating significant affordability challenges for buyers and renters.

Progress

40% Bias Score

No Poverty
aljazeera.com
🌐 90% Global Worthiness
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Global Shift Towards Plutocracy in Liberal Democracies

The increasing dominance of billionaires in both the economies and politics of liberal democracies, mirroring a trend previously seen in authoritarian states, is explained by a shift from neoliberalism to neo-feudalism, characterized by extreme inequality and a large underclass serving a small elite...

Progress

60% Bias Score

Reduced Inequality
theglobeandmail.com
🌐 75% Global Worthiness
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B.C. Deficit Balloons to \$9.4 Billion Amidst Revenue Shortfalls and Spending Commitments

British Columbia's deficit has risen to \$9.4 billion due to lower tax revenues and increased spending commitments, prompting a government hiring freeze and raising concerns about the feasibility of election promises.

Progress

40% Bias Score

Reduced Inequality
cnbc.com
🌐 75% Global Worthiness
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Easterly Government Properties Stock Plummets on Federal Spending Cut Fears

Easterly Government Properties (DEA) stock has fallen 12% since the election due to investor fears about the incoming administration's plans to cut $500 billion in federal spending, despite the company's CEO arguing that their properties are essential for mission-critical government functions, such ...

Progress

52% Bias Score

Decent Work and Economic Growth