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PeakMetrics / Fact Checks

Economy & business fact checks

Explore claims publishers have checked about economy & business. Read their original ratings and follow the evidence.

7,091 published reviews in this topic

Boatos.orgEconomy & business

Gerente do Bradesco informa que o banco acabou e os atendimentos é só nos caixas eletrônicos e nas redes. Desespero dos clientes do Bradesco

Publisher’s rating: Falso

The claim concerns a video and message saying that Bradesco had ended and customers could only use ATMs or online services. The review says the video prompted alarm, but identifies the conclusion that the entire bank had stopped providing in-person service as a misunderstanding: “Um vídeo aponta que o gerente do Bradesco teria informado que o banco acabou e que agora só passaria a atender em caixas eletrônicos e pela internet.” It also notes that the circulating message described the bank as no longer existing and service as limited to ATMs or the internet. The review distinguishes the closure of individual branches from the end of all physical service. It reports that Bradesco was reducing its branch network amid a broader shift toward digital banking, while saying this did not mean the bank had ceased operating. As evidence of continued business activity, it states that “O banco, por exemplo, fechou 2022 com lucro de R$ 20 bilhões.” As for the video itself, the review says the man was “Muito provavelmente” at a branch that was being closed and that the manager was likely referring to that branch, not to other locations. It characterizes the viral interpretation as a miscommunication, rather than evidence that all branches had closed. Its conclusion is that the video cannot establish the claim and that there was no reliable report of a wholesale end to in-person service.

LupaEconomy & business

"O Federal Reserve System (Fed), banco central norte-americano, está começando nesta semana de 3 de abril [2023], uma mudança histórica na condução da economia: a partir de agora e progressivamente as cédulas de papel que todos nós conhecemos não serão mais aceitas em transações de cash, ou seja, pagamento à vista ou para qualquer outro tipo de transação. Elas deverão sair de circulação para dar lugar as transações digitais. Não vai haver mais dinheiro de papel circulando em território americano"

Publisher’s rating: Falso

El Detector / Univision NoticiasEconomy & business

El presidente Joe Biden recomendó “sacar el dinero de los bancos ya” porque la economía está “jodida”.

Publisher’s rating: Falso

The claim concerned a Facebook video that appeared to show President Joe Biden urging people to take their money out of banks and describing the economy as “jodida.” The review traced the clip to Biden’s November 9, 2022, press conference, held after the U.S. midterm elections, and concluded that the viral version had altered the audio. The White House press office told the reviewers that the video “es un montaje.” To check the clip’s provenance, the review says it used a reverse image search on a frame from the video, found the date, and located the corresponding footage on the White House’s YouTube channel. It compared the original and circulating versions, noting matching people and other visual details. The review also consulted the White House transcript and found that Biden did not make the alleged remarks: the word “bank” does not appear in the speech, and the review reports that his references to the economy concerned growth, employment, taxes, and China—not a banking warning. The evidence therefore addresses the specific video and statement in the claim, rather than merely discussing economic or banking conditions. The review’s conclusion is that the viral clip’s audio was manipulated and that Biden did not recommend withdrawing money from banks in the terms shown in the video.

El Detector / Univision NoticiasEconomy & business

Hay un “nuevo billete” de 120 pesos mexicanos.

Publisher’s rating: Falso

The claim concerns a purported new 120-peso Mexican banknote shown in an image circulating on Facebook. The review says Mexico’s current banknote denominations in 2023 were 20, 50, 100, 500 and 1,000 pesos, and that a 120-peso note was absent from the records of notes in circulation, withdrawal or demonetization. It also identifies the latest banknote addition reported by Banco de México (Banxico) as a 50-peso note put into circulation on October 28, 2021.