Tag #Economic Crisis

azatutyun.am
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Armenia's Demographic Crisis: A $6 Billion Strategy for Human Capital

Armenia's demographic crisis, marked by declining birth rates (1.6-1.7), a net emigration of over 36,000 in 2022 and nearly 300,000 in the last decade, and an aging population, is addressed in a new 2024-2040 strategy focusing on human capital quality and requiring 2.6 trillion dram (over $6 billion...

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52% Bias Score

Reduced Inequality
theglobeandmail.com
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Mirafiori Factory Faces Closure Amidst Stellantis Crisis

The Mirafiori factory, once Europe's leading carmaker, faces closure as Stellantis grapples with declining sales, particularly of its electric vehicles. This reflects broader challenges in the European auto industry, marked by falling EV sales and factory closures.

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40% Bias Score

Decent Work and Economic Growth
edition.cnn.com
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Ghana's Election: Economic Crisis Dominates

Ghana's presidential election on Saturday features two frontrunners, Bawumia and Mahama, amidst a severe economic crisis marked by 54.1% inflation in December 2022, over 1.3 million unemployed youth (aged 15-35), and widespread 'galamsey' environmental damage.

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44% Bias Score

No Poverty
themarker.com
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Bangladesh: $17 Billion Stolen From Financial System Under Hasina

The new central bank governor of Bangladesh estimates that $17 billion was stolen from the country's financial system in the 15 years before the fall of Sheikh Hasina's government in August; other economists believe that more than $30 billion was stolen through fraudulent loans and illegal transfers...

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60% Bias Score

dw.com
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France Faces Potential Economic Crisis Amidst Political Turmoil and High Debt

Despite positive economic indicators, France faces a potential economic crisis due to decreased investment, rising bankruptcies, and political instability; this is driven by increased production costs, post-pandemic debt, structural shifts, and the EU's waning patience with France's high debt.

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44% Bias Score

lemonde.fr
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French Political Instability Shakes European Confidence

A no-confidence vote against France's government on December 4th sparked concerns in Brussels about French political instability and its potential impact on the Eurozone, particularly given Germany's recession and the EU's existing challenges.

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44% Bias Score

dw.com
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Ghana's 2024 Elections: High Stakes Amidst Economic Crisis

On December 7th, 2024, Ghanaians elected a new president and parliament in a closely contested election marked by high voter turnout amidst a severe economic crisis; 12 presidential candidates competed, but the race largely centered on Vice President Bawumia (NPP) and former President Mahama (NDC).

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36% Bias Score

Peace, Justice, and Strong Institutions
bbc.com
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"Ghana's 2024 Elections: Economic Crisis Dominates as Candidates Offer Contrasting Solutions"

"Ghana holds presidential elections amidst a severe economic crisis marked by 54% inflation in 2022, a 70% currency devaluation over eight years, and 14% unemployment, forcing many young people to seek opportunities abroad; the two leading candidates offer contrasting economic plans but face challen...

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44% Bias Score

No Poverty
pt.euronews.com
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EU Criticizes Hungary's Budgetary Plans for Lack of Information and Unreliable Data

The European Commission criticized Hungary's budgetary plans for lacking key information and using unreliable data, potentially delaying the assessment and possibly leading to fines, highlighting a growing conflict between Hungary and the EU.

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40% Bias Score

Reduced Inequality
lexpress.fr
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Cuba Experiences Third Nationwide Blackout in Two Months

A malfunctioning automatic valve at Cuba's main power plant caused a nationwide blackout on Wednesday, affecting 10 million people, marking the third such outage in under two months; the valve was repaired, restoring partial power.

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44% Bias Score

dailymail.co.uk
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No-Confidence Vote Ousts French PM, Plunging Nation into Political and Economic Crisis

French Prime Minister Michel Barnier was ousted yesterday in a no-confidence vote after attempting to pass a budget including €60 billion in tax increases and spending cuts, leaving France in political paralysis and risking economic crisis with falling bond and stock prices and mass strikes planned.

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52% Bias Score

lemonde.fr
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Cuba Restores Power After Nationwide Blackout

A nationwide power outage in Cuba, lasting 24 hours, was caused by a failure at the main power plant on December 5th, the third such incident in two months, impacting essential services and highlighting the country's energy vulnerability.

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40% Bias Score