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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.

7,099 published reviews in this topic

FACTLYEconomy & business

Modi government has awarded Adani the contract to store food grains for 30 years by leaving out the FCI

Publisher’s rating: MISLEADING

The post claimed that the Modi government had awarded Adani a 30-year food-grain storage contract while excluding the Food Corporation of India (FCI). The review’s account instead traces private involvement in grain storage to a 2000 national policy, which allowed private parties to build and operate storage facilities for government-procured grain in return for storage charges. It says the FCI—not the central government directly—invited tenders under this arrangement. The review therefore distinguishes the government’s policy framework from the claim that it newly handed Adani a contract while bypassing the FCI. [S1]

Demagog.czEconomy & business

Proti EET jsme vystupovali od samého počátku. (…) Měli jsme vždy problém s tím, aby EET platila pro malé soukromníky, pro lidi, pro které je to velká zátěž, a pracovali jsme i s principem dobrovolnosti.

Publisher’s rating: Pravda

The claim concerns the Czech Pirate Party’s position on electronic sales registration (EET): that it had opposed the system from early on, objected to the burden it placed on small self-employed people, and considered voluntary participation. The review supports that account, while distinguishing opposition to EET’s scope and design from a demand to abolish the entire system. It says the party’s 2017 election programme proposed exempting e-shops, card payments, tradespeople and small businesses—not abolishing EET altogether. (S1: “Před volbami do Poslanecké sněmovny, které se uskutečnily v říjnu 2017, nicméně Piráti představili program, v němž je jedním z bodů také „zrušení EET pro e-shopy, platby kartou, řemeslníky a drobné podnikatele“. Nejedná se tedy o úplné zrušení EET, nýbrž o její zúžení a zrušení mj. pro malé podnikatele.”) The review also documents opposition to expanding EET. It reports that all 22 Pirate deputies voted against the expansion bill, and that the party later challenged the amendment at the Constitutional Court. The review describes Pirate deputy Mikuláš Ferjenčík as criticizing the disproportionate burden on small businesses. (S1: “Všech 22 poslanců z České pirátské strany následně hlasovalo proti návrhu.”; “Pirátský poslanec Mikuláš Ferjenčík kritizoval, že povinnost evidovat tržby neúměrně zatěžuje drobné podnikatele”) On voluntariness, the review cites Ferjenčík’s stated preference for making EET voluntary and notes that the party supported voluntary participation for certain groups. Taken together, the evidence supports the substance of the claim, with the qualification that the party’s stated proposals included narrowing EET’s reach rather than rejecting every form of it. (S1: “Mikuláš Ferjenčík rovněž prohlásil, že EET by dle něj měla být dobrovolným systémem.”; “Dobrovolnost pro určité segmenty pak Piráti podporují i na svých stránkách.”)

FACTLYEconomy & business

Statements made in Morgan Stanley Research praising India’s economy and PM Modi

Publisher’s rating: FALSE

FACTLY examined a social-media message attributing several claims about India’s economy and PM Modi to Morgan Stanley Research. Its conclusion was that only one statement in the message had a Morgan Stanley source: the prediction that India’s GDP would exceed $6 trillion. The review traced that statement to a Morgan Stanley report published in 2017, before the COVID-19 crisis; it therefore did not support presenting the prediction as a comment on the pandemic-era economic situation. The review reports searching for the message and for evidence behind its individual statements. It found that the message had circulated online since at least 2018. For the claim that Modi had not borrowed from the World Bank for three years, FACTLY found World Bank lending to India during 2014–2020 for central and state projects through IBRD and IDA, and noted a loan for an emergency response for micro, small and medium enterprises. It also reported finding no evidence that Morgan Stanley made that statement. For the other attributions, FACTLY found no evidence that Morgan Stanley or Forbes made the claim that India’s economy would rise manifold only because of Modi. It found that the message’s ranking claim misrepresented India’s 40th place in the 2017–18 Global Competitiveness Index as a ranking for economic growth: the index ranking improved from 71st in 2014–15, while India ranked 68th in the 2019 competitiveness report. Thus, the message combined one genuine but older Morgan Stanley forecast with unsupported attributions and a mischaracterized ranking.

Deutsche Presse-AgenturEconomy & business

Ein paar Fragen beantworten und mit Glück einen E-Scooter gewinnen - unter dem Logo des Discounters Lidl wirbt eine Webseite für dieses Gewinnspiel. Aber ist das Angebot seriös?

Publisher’s rating: Bei der Webseite handelt es sich nicht um ein Lidl-Gewinnspiel, sondern mutmaßlich um eine Betrugsmasche, um persönliche Daten abzugreifen.

The DPA review examined a website offering the chance to win an e-scooter after answering a few questions and using Lidl’s logo. It concluded that the promotion was not a Lidl giveaway and was likely intended to collect personal information. The investigation reports that the giveaway page was not an official Lidl address, lacked references to the company and had no legally compliant imprint. A domain check showed that the site was hosted on a server in Russia; a search of the server’s IP address found no connection to Lidl. The review also describes what happened after users answered the questions: they were redirected to another page and asked to provide personal data to enter. That page, too, had no stated connection to Lidl beyond its use of the logo; its imprint named a company in Singapore. These findings support the assessment that the offer was not a Lidl promotion, while the wording “mutmaßlich” indicates that the review described the data-gathering scheme as suspected rather than establishing who operated it.