Tag #Cost Of Living Crisis

Showing 37 to 48 of 53 results

theguardian.com
🌐 85% Global Worthiness
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Trump Announces Secret Putin Talks on Ukraine War

Donald Trump announced he held talks with Vladimir Putin to negotiate an end to the Russia-Ukraine war, but offered no details; the Greens want the national broadband network CEO's salary cut; and Australia remembers the victims of the Black Summer bushfires five years on.

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52% Bias Score

Peace, Justice, and Strong Institutions
euronews.com
🌐 75% Global Worthiness
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Diageo Withdraws Sales Guidance Amid US Tariff Uncertainty

Diageo plc's interim results for the half-year ending December 31, 2024, show a 0.6% decline in reported net sales to \$10.9 billion due to currency fluctuations, though organic sales grew by 1%. The company withdrew its medium-term sales guidance due to potential US tariffs on Canadian and Mexican ...

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40% Bias Score

Decent Work and Economic Growth
bbc.com
🌐 65% Global Worthiness
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Welsh Government Budget Faces Criticism Over Cost of Living Crisis

The Welsh government's £26bn draft budget, published in December and facing a vote on Tuesday, has been criticized by the Senedd's finance committee for inadequately addressing the cost of living crisis and for lacking long-term strategic planning; the committee's report proposes 39 recommendations ...

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40% Bias Score

No Poverty
cnbc.com
🌐 75% Global Worthiness
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Weak UK Retail Sales Fuel Expectations of BOE Rate Cuts

Weak UK retail sales in December (-0.3% MoM), defying forecasts, add to economic concerns, fueling market expectations of over 75 basis points in Bank of England interest rate cuts in 2025 and complicating Finance Minister Rachel Reeves's economic agenda amid high bond yields and inflation.

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52% Bias Score

Reduced Inequality
de.euronews.com
🌐 85% Global Worthiness
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Europe's Housing Cost Crisis: Wide Regional Disparities Revealed

The OECD's "Regions and Cities at a Glance 2024" report highlights significant regional disparities in European housing costs; for instance, in the UK, London's housing costs are 51% above the national average, while in Italy, Campania's housing costs reach 31.2% of disposable income.

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24% Bias Score

Reduced Inequality
mk.ru
🌐 85% Global Worthiness
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Global Cost of Living Crisis: Economic Hardship in Developed Nations

Rising global living costs are creating widespread hardship, particularly in developed nations where the middle class is struggling. Political decisions, including energy policy and geopolitical choices, have worsened the crisis leading to unprecedented social and political challenges.

Progress

52% Bias Score

No Poverty
smh.com.au
🌐 75% Global Worthiness
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North Sydney Council Votes for 87% Rate Hike Amid Public Outcry

North Sydney Council voted 7-3 to raise property rates by 87% over two years to address \$122 million Olympic pool redevelopment cost overruns and "unsustainable" finances, sparking outrage from over 100 residents and local politicians during a fiery public meeting.

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56% Bias Score

Reduced Inequality
smh.com.au
🌐 75% Global Worthiness
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Coles Cuts 2500 Products to Boost Profits Amid Cost-of-Living Crisis

Coles, facing pressure to lower prices and increase supplier payments, is cutting its product range by 10 percent (2500 products) to boost profit margins, a strategy informed by Bain & Company, with potential impacts on suppliers and consumer choice.

Progress

60% Bias Score

Reduced Inequality
theguardian.com
🌐 75% Global Worthiness
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Green Party's Struggle to Counter Rising Radical Right

The Green Party of England and Wales faces challenges in effectively countering the rising influence of the radical right despite recent electoral gains, due to their perceived 'niceness', ineffective social media presence, and insufficient focus on class politics.

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64% Bias Score

Reduced Inequality
theguardian.com
🌐 75% Global Worthiness
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Tower Hamlets to Offer Universal School Uniform Payments

Tower Hamlets council in London plans to offer up to £150 per child in school uniform payments to families earning under £50,350, costing £3 million over three years, in response to the cost of living crisis and exceeding the government's planned restrictions on branded uniform items.

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48% Bias Score

No Poverty
bbc.com
🌐 75% Global Worthiness
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London Councils Replace Winter Fuel Payments After Government Changes

East London's Tower Hamlets Council will provide a £175 winter payment to needy pensioners after the government changed the criteria for its winter fuel payment, affecting over 10 million UK pensioners; other London councils have similar schemes.

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40% Bias Score

No Poverty
dailymail.co.uk
🌐 85% Global Worthiness
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Commonwealth Bank CEO Faces Backlash Over $3 Cash Withdrawal Fee Amidst Lavish Mansion Renovations

Commonwealth Bank CEO Matt Comyn is under fire for imposing a $3 cash withdrawal fee while spending almost $1 million renovating his mansion, prompting outrage and accusations of being out of touch with the struggles of everyday Australians amidst a cost-of-living crisis; the bank has temporarily de...

Progress

60% Bias Score

Showing 37 to 48 of 53 results