Tag #Austerity

Showing 61 to 72 of 142 results

taz.de
🌐 85% Global Worthiness
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Austerity's Return: A Political Weapon or Economic Solution?

British Labour's Rachel Reeves, Argentinian President Milei, and Elon Musk advocate austerity for their economies; however, historical evidence suggests austerity can harm growth and increase inequality, potentially failing to achieve its goals.

Progress

56% Bias Score

Reduced Inequality
tr.euronews.com
🌐 85% Global Worthiness
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IMF Approves $20 Billion Bailout for Argentina

The IMF reached a preliminary agreement with Argentina for a $20 billion bailout package, contingent on the continuation of President Milei's austerity measures which have reduced inflation and stabilized Argentina's economy.

Progress

48% Bias Score

Reduced Inequality
zeit.de
🌐 75% Global Worthiness
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Saxony Faces €4.3 Billion Budget Deficit, Implements Austerity Measures

Facing a €4.3 billion deficit, Saxony's government proposes austerity measures including dissolving its reserve fund, reducing pension fund contributions, and cutting co-financing for federal and EU programs, leading to personnel reductions and sparking political debate.

Progress

52% Bias Score

Reduced Inequality
theguardian.com
🌐 85% Global Worthiness
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UK Economic Crisis: Austerity, Inequality, and the Need for Change

The UK faces a deepening economic crisis marked by falling living standards, austerity measures impacting the most vulnerable, and a lack of long-term economic vision. Proposed solutions, like a wealth tax, are met with resistance from the current government.

Progress

68% Bias Score

Reduced Inequality
dailymail.co.uk
🌐 85% Global Worthiness
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Labour Welfare Cuts to Push 250,000 into Poverty

Labour's welfare cuts will push 250,000 people into relative poverty by 2029/30, including 50,000 children, according to the government's own assessment; Chancellor Rachel Reeves announced further cuts to Universal Credit and disability benefits, despite criticism from charities and Labour MPs.

Progress

60% Bias Score

No Poverty
dailymail.co.uk
🌐 75% Global Worthiness
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Reeves Announces £15 Billion in Cuts Amidst Faltering Economy and Public Backlash

Facing a credibility crisis, Chancellor Rachel Reeves blames global factors for Britain's faltering economy, announcing £15 billion in cuts amid gloomy forecasts and public disapproval; polls show 53% of voters believe Labour lied about economic plans, and 31% blame Labour for the crisis.

Progress

68% Bias Score

Reduced Inequality
welt.de
🌐 85% Global Worthiness
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Saxony's Social Services Face €1 Billion in Budget Cuts

Dietrich Bauer, head of Diakonie Sachsen, warns of nearly €1 billion in social service cuts in Saxony's 2025/2026 budget, impacting addiction counseling, youth programs, and democracy building, potentially leading to insolvencies within the Diakonie.

Progress

36% Bias Score

Reduced Inequality
bbc.com
🌐 65% Global Worthiness
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£5k Belfast Pedestrianisation Plan Delayed Amidst Austerity Dispute

Belfast's Hill Street pedestrianisation plan, estimated at £5,000, faces delays due to staff shortages in the Infrastructure Department, attributed by the Minister to British government austerity, sparking a political dispute over resource allocation and priorities.

Progress

48% Bias Score

Sustainable Cities and Communities
theguardian.com
🌐 75% Global Worthiness
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Reeves's Fiscal Policy Faces Criticism Amid Inequality Concerns

Amid rising inequality, UK Chancellor Rachel Reeves faces criticism for spending cuts impacting vulnerable people, prompting calls for radical economic reforms and a review of fiscal policies, including borrowing, taxation, and spending cuts, as well as the potential reform or abolition of the Offic...

Progress

52% Bias Score

Reduced Inequality
theguardian.com
🌐 85% Global Worthiness
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UK Chancellor Announces Spending Cuts Amid Economic Slowdown

Chancellor Rachel Reeves will announce significant spending cuts in her Wednesday spring statement due to rising borrowing costs and weakened economic growth; the OBR will release updated forecasts showing potential halving of 2025 growth forecast to 1%, following January's 0.1% economic shrinkage.

Progress

44% Bias Score

Reduced Inequality
taz.de
🌐 85% Global Worthiness
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UK Budget: £14 Billion in Cuts, Defense Spending Surge

The UK's spring budget includes £14 billion in cuts, mainly affecting social welfare, alongside a £5.1 billion increase in defense spending, impacting 3 million people and potentially pushing 250,000 more into poverty by 2030.

Progress

48% Bias Score

Reduced Inequality
dailymail.co.uk
🌐 75% Global Worthiness
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£2 Billion Civil Service Budget Cuts Planned, Sparking Job Loss Fears

The UK government will cut civil service administrative budgets by £2 billion by 2029-30, potentially leading to 50,000 job losses, despite a significant increase in headcount since 2016; the move aims to free up resources for frontline services.

Progress

56% Bias Score

Decent Work and Economic Growth

Showing 61 to 72 of 142 results