EU Faces 2025 Security Crisis, Joint Debt Instrument Possible
A potential security crisis on the EU's eastern border in 2025, combined with possible US inaction under a potential Trump presidency, could force the EU to utilize a joint debt instrument for emergency response, although this is hindered by internal resistance, particularly from France and Germany.
EU Faces 2025 Security Crisis, Joint Debt Instrument Possible
A potential security crisis on the EU's eastern border in 2025, combined with possible US inaction under a potential Trump presidency, could force the EU to utilize a joint debt instrument for emergency response, although this is hindered by internal resistance, particularly from France and Germany.
Progress
56% Bias Score
Turkish Municipalities' 10.5 Billion TL Debt Sparks Political Row
Journalist Fatih Altaylı revealed that 28 Turkish municipalities owe 10.5 billion TL to the Treasury, with AKP municipalities holding the majority of the debt, while six CHP municipalities face seizures for unpaid social security contributions, sparking political controversy.
Turkish Municipalities' 10.5 Billion TL Debt Sparks Political Row
Journalist Fatih Altaylı revealed that 28 Turkish municipalities owe 10.5 billion TL to the Treasury, with AKP municipalities holding the majority of the debt, while six CHP municipalities face seizures for unpaid social security contributions, sparking political controversy.
Progress
56% Bias Score
Gauteng's Water Crisis: A Multi-Level Failure
Gauteng, South Africa's water crisis stems from aging infrastructure, high non-revenue water (46% in Johannesburg), and unpaid bills from state entities (R18.6 billion owed) and consumers, creating a vicious cycle hindering effective solutions.
Gauteng's Water Crisis: A Multi-Level Failure
Gauteng, South Africa's water crisis stems from aging infrastructure, high non-revenue water (46% in Johannesburg), and unpaid bills from state entities (R18.6 billion owed) and consumers, creating a vicious cycle hindering effective solutions.
Progress
44% Bias Score
Munich's Mounting Debt Amidst Record Revenues
Munich's debt is rising despite record revenues, reaching 326 million euros for interest and repayment alone; a new 70-million-euro housing project and upcoming IAA events further strain the budget.
Munich's Mounting Debt Amidst Record Revenues
Munich's debt is rising despite record revenues, reaching 326 million euros for interest and repayment alone; a new 70-million-euro housing project and upcoming IAA events further strain the budget.
Progress
52% Bias Score
Victorian Treasurer Tim Pallas Resigns, Leaving $155.2bn Debt
Victorian Treasurer Tim Pallas announced his resignation from politics on Monday after 10 years in the role, leaving a $155.2bn debt and prompting a by-election in his Werribee seat and a cabinet reshuffle before Christmas.
Victorian Treasurer Tim Pallas Resigns, Leaving $155.2bn Debt
Victorian Treasurer Tim Pallas announced his resignation from politics on Monday after 10 years in the role, leaving a $155.2bn debt and prompting a by-election in his Werribee seat and a cabinet reshuffle before Christmas.
Progress
40% Bias Score
German Election: Clashing Economic and Climate Policies
Germany's upcoming election features stark policy contrasts: the Union favors fiscal conservatism and tax cuts, while the SPD champions large-scale investments and higher taxes on the wealthy; climate policies also sharply diverge.
German Election: Clashing Economic and Climate Policies
Germany's upcoming election features stark policy contrasts: the Union favors fiscal conservatism and tax cuts, while the SPD champions large-scale investments and higher taxes on the wealthy; climate policies also sharply diverge.
Progress
44% Bias Score
Moody's Downgrade Exacerbates France's Debt Crisis
Moody's downgraded France's credit rating on December 13th, 2024, the day François Bayrou became Prime Minister, increasing concerns about France's debt, projected to reach 120% of GDP by 2027, and potentially making debt repayment the top budget item by 2025; public anxiety about this has tripled s...
Moody's Downgrade Exacerbates France's Debt Crisis
Moody's downgraded France's credit rating on December 13th, 2024, the day François Bayrou became Prime Minister, increasing concerns about France's debt, projected to reach 120% of GDP by 2027, and potentially making debt repayment the top budget item by 2025; public anxiety about this has tripled s...
Progress
52% Bias Score
Turkey's \$512 Billion Debt: Mismanagement and Waste Criticized
CHP Kocaeli MP Mühip Kanko stated that Turkey's \$512 billion gross external debt in the first half of 2024, placing it among the top five most indebted countries globally, resulted from the AKP government's mismanagement of public funds and wasteful spending.
Turkey's \$512 Billion Debt: Mismanagement and Waste Criticized
CHP Kocaeli MP Mühip Kanko stated that Turkey's \$512 billion gross external debt in the first half of 2024, placing it among the top five most indebted countries globally, resulted from the AKP government's mismanagement of public funds and wasteful spending.
Progress
56% Bias Score
CEMAC Economic Summit: Expert Challenges CFA Devaluation Calls
Faced with recession, inflation, and debt concerns, Central African states are seeking economic solutions; economist Clément Belibanga dismisses calls for CFA franc devaluation, citing positive economic indicators.
CEMAC Economic Summit: Expert Challenges CFA Devaluation Calls
Faced with recession, inflation, and debt concerns, Central African states are seeking economic solutions; economist Clément Belibanga dismisses calls for CFA franc devaluation, citing positive economic indicators.
Progress
36% Bias Score
Home Equity Loans: Low Rates, But Risks Remain
Homeowners can access home equity loans at 8.38% and HELOCs at 8.53%, significantly lower than other credit options; however, failure to repay could lead to home loss, and rising inflation and fluctuating home values add risk.
Home Equity Loans: Low Rates, But Risks Remain
Homeowners can access home equity loans at 8.38% and HELOCs at 8.53%, significantly lower than other credit options; however, failure to repay could lead to home loss, and rising inflation and fluctuating home values add risk.
Progress
36% Bias Score
Victorian Treasurer Pallas Resigns, Leaving $187 Billion Debt and By-election
Victorian Treasurer Tim Pallas resigned from parliament on Monday, leaving a $187.3 billion debt and forcing a by-election in Werribee, a seat vulnerable to cost of living concerns; Premier Jacinta Allan must now find a new treasurer and manage a cabinet reshuffle.
Victorian Treasurer Pallas Resigns, Leaving $187 Billion Debt and By-election
Victorian Treasurer Tim Pallas resigned from parliament on Monday, leaving a $187.3 billion debt and forcing a by-election in Werribee, a seat vulnerable to cost of living concerns; Premier Jacinta Allan must now find a new treasurer and manage a cabinet reshuffle.
Progress
40% Bias Score
Kosmos Energy in Talks to Acquire Tullow Oil
London's Tullow Oil is in preliminary talks for an all-share takeover by US rival Kosmos Energy, aiming to address Tullow's substantial debt and operational challenges, with both companies sharing assets in the Jubilee and TEN fields offshore Ghana.
Kosmos Energy in Talks to Acquire Tullow Oil
London's Tullow Oil is in preliminary talks for an all-share takeover by US rival Kosmos Energy, aiming to address Tullow's substantial debt and operational challenges, with both companies sharing assets in the Jubilee and TEN fields offshore Ghana.
Progress
40% Bias Score