Tag #Debt

welt.de
🌐 85% Global Worthiness
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Germany's Prolonged Recession Fuels Calls for Urgent Economic Reform

Germany's economy is experiencing its longest recession in over two decades, shrinking by 0.2 percent in 2024, leading to calls for urgent government intervention to curb business relocation and address rising deficits, potentially necessitating a reform of the debt brake.

Progress

48% Bias Score

Decent Work and Economic Growth
dailymail.co.uk
🌐 85% Global Worthiness
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Poor Credit Scores Cost UK Borrowers Hundreds of Thousands in Extra Interest

UK borrowers with poor credit scores could pay £256,630 more in lifetime interest, double the cost since 2020, due to rising interest rates; improving credit scores offers significant financial benefits.

Progress

44% Bias Score

Reduced Inequality
smh.com.au
🌐 85% Global Worthiness
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Musk Seeks \$44 Billion for X Amidst Revenue Crisis, Leaning on Political Influence

Elon Musk seeks \$44 billion in equity for X (formerly Twitter), despite revenue plummeting after he reinstated banned users, causing advertiser flight; however, his political ties and potential deregulation efforts may boost investor confidence.

Progress

40% Bias Score

Reduced Inequality
welt.de
🌐 85% Global Worthiness
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Germany and EU Face Defense Spending Shortfall, Debt Financing Debate Ensues

Germany and the EU are facing significant shortfalls in defense spending, prompting proposals to activate EU's Stability and Growth Pact exception for higher defense spending through increased debt, alongside calls for the pact's reform. Concerns over long-term fiscal sustainability and potential ne...

Progress

44% Bias Score

Reduced Inequality
bbc.com
🌐 85% Global Worthiness
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Thames Water Wins £3bn Bailout, Avoiding Nationalisation

A UK High Court ruled in favor of Thames Water's £3 billion emergency loan, preventing its nationalization but leaving its long-term future uncertain amid £19 billion debt and criticism over its performance.

Progress

56% Bias Score

Clean Water and Sanitation
news.sky.com
🌐 85% Global Worthiness
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Thames Water Secures £3 Billion Loan to Avoid Collapse

The High Court approved a £3 billion loan for Thames Water, the UK's largest water company, preventing its imminent collapse and averting nationalization; however, the loan includes significant fees and a high interest rate, and its success depends on a debt restructuring plan.

Progress

40% Bias Score

Clean Water and Sanitation
kathimerini.gr
🌐 75% Global Worthiness
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Greece's Positive Economic Outlook Despite High Debt and Income Gap

Greece's economy is projected to outpace the Eurozone's growth through 2026 (2.1%-2.3% vs 0.8%-1.6%), despite high public debt and a significant income gap with the EU average (81.6% vs 111.1% in 2023). However, long-term growth requires structural reforms to improve productivity and reduce the publ...

Progress

40% Bias Score

Decent Work and Economic Growth
t24.com.tr
🌐 85% Global Worthiness
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Turkey's Debt Crisis Deepens: 57% in Debt, Card Spending Soars

ING Türkiye's survey shows 57% of Turkish citizens are in debt, predominantly using credit cards (43%), while card spending soared 66% to 1.6 trillion TL in January 2025, reflecting economic struggles and impacting the country's financial stability.

Progress

48% Bias Score

Reduced Inequality
cbsnews.com
🌐 65% Global Worthiness
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2025 HELOC Costs: $700-$980 Monthly Payments Based on Variable Rates

In 2025, a $80,000 HELOC has a monthly cost ranging from $700.85 to $982.92 depending on the term length and interest rate, which is variable and influenced by the Federal Reserve's actions. Homeowners risk foreclosure if unable to maintain payments, necessitating careful consideration of their fina...

Progress

40% Bias Score

Reduced Inequality
smh.com.au
🌐 75% Global Worthiness
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Queensland's Credit Outlook Downgraded to Negative

S\&P Global downgraded Queensland's credit outlook to negative due to projected budget deficits and debt increases, citing both the previous Labor government's spending and the current LNP government's unclear fiscal strategy.

Progress

48% Bias Score

Reduced Inequality
news.sky.com
🌐 85% Global Worthiness
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Thames Water's £3bn Rescue Plan: Nationalization Looms

Facing £16bn in debt and regulatory fines, Thames Water awaits a High Court decision on Tuesday regarding a £3bn emergency loan to avoid collapse, with nationalization a potential outcome if the plan fails.

Progress

48% Bias Score

Clean Water and Sanitation
sueddeutsche.de
🌐 75% Global Worthiness
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German Court Protects Consumers From Electricity Cutoffs

A German court ruled that energy companies cannot charge fees for installment plans on overdue electricity bills and must offer plans up to 24 months long, strengthening consumer protection against cutoffs, as demonstrated in a case against NEW Niederrhein Energie und Wasser.

Progress

36% Bias Score

No Poverty