Germany Cuts 2025 Growth Forecast to 0.3%, Cites US Uncertainty and Domestic Challenges
Germany's government slashed its 2025 growth forecast to 0.3%, citing uncertainty from US policies and domestic issues, alongside a projected 120,000 unemployment increase, despite a skilled labor shortage, and increased competition from China.
Germany Cuts 2025 Growth Forecast to 0.3%, Cites US Uncertainty and Domestic Challenges
Germany's government slashed its 2025 growth forecast to 0.3%, citing uncertainty from US policies and domestic issues, alongside a projected 120,000 unemployment increase, despite a skilled labor shortage, and increased competition from China.
Progress
48% Bias Score
German Economy Contracts for Second Consecutive Year
Germany's economy shrank by 0.2 percent in 2024, following a 0.3 percent decline in 2023, due to weak consumer spending, a struggling construction sector, decreased exports to China, and political uncertainty stemming from recent elections.
German Economy Contracts for Second Consecutive Year
Germany's economy shrank by 0.2 percent in 2024, following a 0.3 percent decline in 2023, due to weak consumer spending, a struggling construction sector, decreased exports to China, and political uncertainty stemming from recent elections.
Progress
52% Bias Score
Market Rotation, Moderna's Stock Drop, and Mixed Retail Results
Monday's market saw a rotation from tech stocks into other sectors, leading to a Dow Jones gain of 0.86%; Moderna's stock plummeted 17% after a $1 billion sales guidance cut; mixed retail performances, and the Justice Department released special counsel Jack Smith's report on President-elect Donald ...
Market Rotation, Moderna's Stock Drop, and Mixed Retail Results
Monday's market saw a rotation from tech stocks into other sectors, leading to a Dow Jones gain of 0.86%; Moderna's stock plummeted 17% after a $1 billion sales guidance cut; mixed retail performances, and the Justice Department released special counsel Jack Smith's report on President-elect Donald ...
Progress
40% Bias Score
France's Economic Downturn: Political Instability and Public Spending Surge
France's economic situation has worsened due to political instability from the June dissolution of the National Assembly and a record increase in public spending outside of crisis periods, potentially leading to a recession and impacting credit access for businesses and individuals.
France's Economic Downturn: Political Instability and Public Spending Surge
France's economic situation has worsened due to political instability from the June dissolution of the National Assembly and a record increase in public spending outside of crisis periods, potentially leading to a recession and impacting credit access for businesses and individuals.
Progress
56% Bias Score
UK Economy Stagnates Amid Rising Costs and Global Uncertainty
The UK economy is stagnating, impacting businesses and consumer confidence due to rising employer costs, subdued consumer spending, and global uncertainties, including potential US tariffs.
UK Economy Stagnates Amid Rising Costs and Global Uncertainty
The UK economy is stagnating, impacting businesses and consumer confidence due to rising employer costs, subdued consumer spending, and global uncertainties, including potential US tariffs.
Progress
48% Bias Score
Germany's Snap Election: 630-Seat Bundestag and Shortened Timeline
Germany's snap election, scheduled for February 23rd, 2024, implements a 2023 electoral reform that fixes the Bundestag at 630 seats, eliminating overhang and compensatory mandates; this follows Chancellor Scholz's failed confidence vote, leading to a significantly shortened election timeline.
Germany's Snap Election: 630-Seat Bundestag and Shortened Timeline
Germany's snap election, scheduled for February 23rd, 2024, implements a 2023 electoral reform that fixes the Bundestag at 630 seats, eliminating overhang and compensatory mandates; this follows Chancellor Scholz's failed confidence vote, leading to a significantly shortened election timeline.
Progress
12% Bias Score
Trump Administration's Freeze on Federal Grants Temporarily Blocked
The Trump administration attempted to freeze federal grants and loan programs, creating uncertainty for businesses, but a judge temporarily blocked the freeze for existing awards; the long-term impact on tens of billions in funding and millions of jobs remains unclear.
Trump Administration's Freeze on Federal Grants Temporarily Blocked
The Trump administration attempted to freeze federal grants and loan programs, creating uncertainty for businesses, but a judge temporarily blocked the freeze for existing awards; the long-term impact on tens of billions in funding and millions of jobs remains unclear.
Progress
52% Bias Score
Germany's Stagnant Economy: Exports, Investment, and Uncertainty
Germany's economy stagnated in 2024, with GDP only 0.3 percent higher than pre-pandemic levels due to decreased exports (-0.8 percent), weak consumer spending (0.3 percent increase), and subdued business investment (-6.5 percent) amid high energy prices and global uncertainty.
Germany's Stagnant Economy: Exports, Investment, and Uncertainty
Germany's economy stagnated in 2024, with GDP only 0.3 percent higher than pre-pandemic levels due to decreased exports (-0.8 percent), weak consumer spending (0.3 percent increase), and subdued business investment (-6.5 percent) amid high energy prices and global uncertainty.
Progress
48% Bias Score
Biden's Offshore Drilling Ban: Uncertainty for Oil and Gas Industry
President Biden banned new offshore drilling on 625 million acres of federal waters, impacting domestic energy production and creating uncertainty for the oil and gas industry, potentially reversible under future administrations.
Biden's Offshore Drilling Ban: Uncertainty for Oil and Gas Industry
President Biden banned new offshore drilling on 625 million acres of federal waters, impacting domestic energy production and creating uncertainty for the oil and gas industry, potentially reversible under future administrations.
Progress
60% Bias Score
Germany's 2024 GDP Shrinks 0.2%, Defying Economic Forecasts
Germany's 2024 GDP unexpectedly contracted by 0.2 percent, defying expert predictions of growth, primarily due to underestimated inflation impacts and the manufacturing sector's deep crisis, leading to subdued consumer spending and investment.
Germany's 2024 GDP Shrinks 0.2%, Defying Economic Forecasts
Germany's 2024 GDP unexpectedly contracted by 0.2 percent, defying expert predictions of growth, primarily due to underestimated inflation impacts and the manufacturing sector's deep crisis, leading to subdued consumer spending and investment.
Progress
40% Bias Score
German Housing Shortage Worsens Amidst Permit Decline
Germany saw a 19.5 percent decrease in building permits from January to October 2024 compared to the previous year, falling short of the government's 400,000 new homes target and worsening the existing housing shortage, particularly in cities, despite some price corrections in the real estate market...
German Housing Shortage Worsens Amidst Permit Decline
Germany saw a 19.5 percent decrease in building permits from January to October 2024 compared to the previous year, falling short of the government's 400,000 new homes target and worsening the existing housing shortage, particularly in cities, despite some price corrections in the real estate market...
Progress
48% Bias Score
"Germany's Economy Faces Recession Amidst Industrial Crisis and Political Uncertainty"
"Germany's leading economic institutes predict a 0.1-0.2% GDP contraction in 2024, primarily due to industrial weakness caused by rising costs, global competition, and political instability following the November 2023 collapse of the governing coalition; growth in 2025 is projected to be weak at bes...
"Germany's Economy Faces Recession Amidst Industrial Crisis and Political Uncertainty"
"Germany's leading economic institutes predict a 0.1-0.2% GDP contraction in 2024, primarily due to industrial weakness caused by rising costs, global competition, and political instability following the November 2023 collapse of the governing coalition; growth in 2025 is projected to be weak at bes...
Progress
40% Bias Score