Tag #Cost Of Living

nbcnews.com
🌐 85% Global Worthiness
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GoFundMe Reports Quadrupling of Campaigns for Essential Expenses Amidst Inflation

GoFundMe's annual report reveals a quadrupling of campaigns requesting aid for essential expenses since 2023, illustrating the impact of inflation and high housing costs on Americans; the Martinez family's successful campaign to find new housing after eviction exemplifies this trend.

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24% Bias Score

No Poverty
news.sky.com
🌐 85% Global Worthiness
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Record High English Rent Prices: 9.3% Year-on-Year Increase

English private rental prices hit a record high in November 2024, increasing by 9.3% year-on-year to an average of £1,362 per month, with London seeing the largest rise at 11.6%, driven by a shortage of rental properties and landlords exiting the market.

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36% Bias Score

Reduced Inequality
taz.de
🌐 75% Global Worthiness
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German Inflation: Lower-Income Households See Temporary Relief

In November 2024, Germany's overall inflation rate was 2.2 percent; however, low-income households experienced lower inflation rates (1.6-1.8 percent) due to decreased energy and fuel prices, while high-income single individuals experienced higher inflation (above average) due to rising service cost...

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32% Bias Score

No Poverty
theguardian.com
🌐 75% Global Worthiness
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UK Inflation Rises to Eight-Month High, Adding Pressure on Bank of England

UK inflation hit a eight-month high of 2.6% in November 2024, exceeding the Bank of England's target, driven by rising fuel and grocery prices, and a tobacco duty increase, despite a record drop in airfares; this adds pressure on the Bank to keep interest rates unchanged amidst concerns about slowin...

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48% Bias Score

No Poverty
forbes.com
🌐 65% Global Worthiness
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Portugal: A Rising Star for Tourists and Expats

Portugal ranked second in CNTraveler's 2024 Readers' Choice Awards, attracting tourists and expats due to its low cost of living ($592/month for a single person, excluding rent), affordable healthcare, high safety (7th in the Global Peace Index), and increasing direct flights from the U.S.; in 2024,...

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52% Bias Score

Reduced Inequality
bbc.com
🌐 75% Global Worthiness
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UK Rents Soar £3,240 Since Pandemic

UK average annual rent on newly let properties has increased by £3,240 (27%) since the end of the coronavirus pandemic, exceeding average earnings growth, placing a strain on renters; however, the rate of increase is slowing.

Progress

52% Bias Score

Reduced Inequality
smh.com.au
🌐 85% Global Worthiness
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High-Income Homeowners Face Financial Strain Amidst Rising Interest Rates

High-income Australian homeowners, some earning \$400,000 to \$500,000, are struggling with soaring mortgage repayments after the Reserve Bank's 13 interest rate increases, forcing some to move back in with family, downsize or relocate due to increased childcare costs and the overall cost of living.

Progress

60% Bias Score

Reduced Inequality
theguardian.com
🌐 75% Global Worthiness
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UK Inflation Rises to 2.6%, Dashes Rate Cut Hopes

UK inflation hit 2.6% in November, fueled by rising transport and core prices, dashing hopes for a rate cut and posing challenges for policymakers as wage growth adds to inflationary pressures.

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40% Bias Score

No Poverty
dailymail.co.uk
🌐 75% Global Worthiness
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UK Inflation Rises to 2.6% in November

UK inflation rose to 2.6 percent in November, driven by increased petrol and tobacco prices, partially offset by lower airfares; this follows October's 2.3 percent figure and adds pressure to Chancellor Rachel Reeves.

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44% Bias Score

No Poverty
bbc.com
🌐 75% Global Worthiness
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UK Inflation Rises to 2.6%, Interest Rates Unlikely to Fall

UK inflation increased to 2.6% in November, the fastest rate since March, due to higher petrol, diesel, tobacco, and other goods prices; despite this, the Bank of England is not expected to cut interest rates due to wage growth, though prices will likely remain higher than before.

Progress

36% Bias Score

Reduced Inequality
smh.com.au
🌐 75% Global Worthiness
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Financial Emergencies Surge in Australia: Experts Offer 2025 Planning Advice

Nearly 20 percent of Australians faced financial emergencies in 2024 due to high interest rates, cost of living increases, and alleged supermarket price gouging; experts advise proactive financial planning for 2025, including preemptive budgeting and curbing impulse spending.

Progress

44% Bias Score

No Poverty
theguardian.com
🌐 85% Global Worthiness
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Australia's Housing Crisis: Widespread Hardship and Societal Impact

Australia's housing crisis is causing widespread hardship, with many experiencing financial strain, mental health issues, and relationship breakdowns due to unaffordable housing and insecurity, forcing significant life changes. The crisis stems from a shift in mentality regarding home ownership as a...

Progress

48% Bias Score

No Poverty