Tag #Economic Crisis

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jpost.com

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Jun 11, 22:12

Lebanon Seeks to Revive its Crumbling Railway System

Lebanon's dilapidated railway network, once spanning 408 kilometers, ceased operation in the early 1990s following the civil war, leaving a void in public transportation and hindering social interaction in a country facing a severe economic crisis; activists are now campaigning to restore rail servi...

Lebanon Seeks to Revive its Crumbling Railway System

Lebanon's dilapidated railway network, once spanning 408 kilometers, ceased operation in the early 1990s following the civil war, leaving a void in public transportation and hindering social interaction in a country facing a severe economic crisis; activists are now campaigning to restore rail servi...

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Sustainable Cities and Communities

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What are the immediate consequences of Lebanon's inadequate public transportation system, and how does it impact the daily lives of its citizens?

We had buses, we had trams, we had locomotives, urban electric trains, we had intercity trains, we had regional freight trains, and now we have nothing," said Antoine Saadeh, an activist campaigning for the return of rail service in Lebanon. This lack of public transportation forces many to rely on private vehicles, exacerbating traffic and economic hardship in a nation grappling with a severe economic crisis. The absence of a robust public transit system also limits social interaction and community building, as described by Saadeh.

theguardian.com

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Jun 7, 13:13

Moody's Downgrades US Credit Rating Amid Soaring National Debt

The US national debt has ballooned to \$35.46 trillion, prompting a Moody's credit downgrade due to persistent deficits; this follows decades of politicians failing to curb spending, raising concerns of an impending financial crisis.

Moody's Downgrades US Credit Rating Amid Soaring National Debt

The US national debt has ballooned to \$35.46 trillion, prompting a Moody's credit downgrade due to persistent deficits; this follows decades of politicians failing to curb spending, raising concerns of an impending financial crisis.

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Reduced Inequality

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How have past presidential administrations contributed to the current US debt crisis, and what role have specific policies played?

This escalating debt reflects a pattern of prioritizing spending over deficit reduction, as seen with Obama's expansion of health insurance coverage and the Bush administration's tax cuts and Iraq War spending. The current administration's proposed spending and tax cuts are expected to further exacerbate the problem, fueling investor concerns about a potential financial crisis.

dw.com

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Jun 7, 13:13

China's Rare Earth Restrictions Threaten German Industry

China's new export licensing regime for rare earth minerals, imposed since April 2nd, 2025, is causing severe supply chain issues in Germany, potentially leading to a crisis similar to the 2022 energy crisis; only 25% of export licenses have been approved.

China's Rare Earth Restrictions Threaten German Industry

China's new export licensing regime for rare earth minerals, imposed since April 2nd, 2025, is causing severe supply chain issues in Germany, potentially leading to a crisis similar to the 2022 energy crisis; only 25% of export licenses have been approved.

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Industry, Innovation, and Infrastructure

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How do China's export restrictions on rare earth minerals relate to broader geopolitical tensions and trade disputes?

China controls over 60% of rare earth mining and 92% of refined production globally. The export restrictions, implemented under a new licensing regime, are causing critical supply chain disruptions in Germany, a nation heavily reliant on these minerals for key industries.

nrc.nl

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Jun 6, 22:12

US Debt Crisis Fears Rise Amidst "One Big, Beautiful Bill" Concerns

The "One Big, Beautiful Bill", a US bill with tax cuts, is projected to cost $2.4 trillion over 10 years, adding to existing deficits and raising concerns among global investors about the sustainability of the US national debt, its impact on the dollar's value, and the potential for a debt default.

US Debt Crisis Fears Rise Amidst "One Big, Beautiful Bill" Concerns

The "One Big, Beautiful Bill", a US bill with tax cuts, is projected to cost $2.4 trillion over 10 years, adding to existing deficits and raising concerns among global investors about the sustainability of the US national debt, its impact on the dollar's value, and the potential for a debt default.

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What are the immediate economic consequences of the "One Big, Beautiful Bill" and the resulting increase in the US national debt?

One Big, Beautiful Bill", a US bill with tax cuts, is causing global investor concern due to its projected $2.4 trillion cost over 10 years, adding to existing deficits. Wall Street figures like Larry Fink and Ken Griffin express alarm, highlighting the unsustainable nature of such deficits even with full employment. This situation is increasing uncertainty in the financial markets.

elpais.com

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Jun 5, 10:14

Cuban University Students Strike Over Internet Price Hike, Reflecting Broader Discontent

Cuban university students launched a strike protesting a recent internet price hike, demanding a reversal of the measure and highlighting broader socio-economic issues in Cuba, demonstrating a significant escalation of discontent since July 2021 protests.

Cuban University Students Strike Over Internet Price Hike, Reflecting Broader Discontent

Cuban university students launched a strike protesting a recent internet price hike, demanding a reversal of the measure and highlighting broader socio-economic issues in Cuba, demonstrating a significant escalation of discontent since July 2021 protests.

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How does the student strike reflect broader socio-economic conditions and discontent within Cuba beyond internet access?

The student strike is not solely about internet access but reflects broader dissatisfaction with Cuba's economic and political situation. Students cited shortages of basic necessities like electricity, water, and food, highlighting the systemic challenges facing the population. The government's response, including alleged threats and attempts to dissuade students, underscores the sensitivity of the issue and its potential for further unrest.",

bbc.com

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Jun 5, 07:11

Burundi Elections: Ruling Party Wins Amidst Economic Crisis and Repression

Burundi's elections, held amidst soaring inflation, fuel shortages, and political repression, saw the governing CNDD-FDD party maintain its grip on power; however, opposition parties reported intimidation and harassment of their supporters.

Burundi Elections: Ruling Party Wins Amidst Economic Crisis and Repression

Burundi's elections, held amidst soaring inflation, fuel shortages, and political repression, saw the governing CNDD-FDD party maintain its grip on power; however, opposition parties reported intimidation and harassment of their supporters.

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No Poverty

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How do the reported instances of political intimidation impact the credibility of the electoral process?

The elections underscore Burundi's deep-seated political and economic challenges. Opposition parties reported intimidation by the ruling party's youth league, highlighting a lack of political freedoms. Chronic foreign currency shortages, leaving the country with less than a month's import reserves, exacerbate the economic crisis, impacting essential goods and services.

theguardian.com

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Jun 8, 19:12

US Tariffs, Cheap Chinese Steel Threaten to Wipe Out European Steel Industry

ThyssenKrupp warns of a potential European steel industry wipeout due to 50% US tariffs, high energy costs, and a 36% surge in cheap Chinese steel imports in Q1 2025; the EU is urged to implement emergency measures and pursue competitive energy pricing to save the sector.

US Tariffs, Cheap Chinese Steel Threaten to Wipe Out European Steel Industry

ThyssenKrupp warns of a potential European steel industry wipeout due to 50% US tariffs, high energy costs, and a 36% surge in cheap Chinese steel imports in Q1 2025; the EU is urged to implement emergency measures and pursue competitive energy pricing to save the sector.

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Decent Work and Economic Growth

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What are the immediate economic and geopolitical consequences of the 50% US tariff on European steel imports?

Europe's steel industry faces a severe crisis due to a 50% US tariff increase on steel imports, coupled with high energy costs and cheap Chinese steel imports. This has prompted warnings of a potential industry wipeout from major players like ThyssenKrupp, impacting numerous supply chains reliant on affordable steel.

t24.com.tr

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Jun 7, 13:13

Turkey: 20% of Companies Functionally Bankrupt, Enforcement Cases Surge

Turkey's "Execution and Bankruptcy Report" reveals 20% of companies are functionally bankrupt, sustained by artificial means, while enforcement cases hit a record 38.3 million in 2023, before decreasing to 32.7 million in 2024; the average processing time increased by 57% from 582 days to 918 days.

Turkey: 20% of Companies Functionally Bankrupt, Enforcement Cases Surge

Turkey's "Execution and Bankruptcy Report" reveals 20% of companies are functionally bankrupt, sustained by artificial means, while enforcement cases hit a record 38.3 million in 2023, before decreasing to 32.7 million in 2024; the average processing time increased by 57% from 582 days to 918 days.

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Decent Work and Economic Growth

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What are the main factors contributing to the rise of 'zombie companies' in Turkey, and how are government policies impacting this trend?

The high rate of "zombie companies" in Turkey (20%) is attributed to high inflation, credit contraction, and declining profitability in the real sector. These factors, coupled with government support measures, enable failing companies to continue operations despite sustained losses. This situation is further exacerbated by increasing enforcement caseloads, highlighting systemic financial instability.

zeit.de

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Jun 7, 13:13

German Industrial Job Losses Exceed 100,000

Germany's industrial sector experienced a net loss of 101,000 jobs in the past year, primarily impacting the automotive industry (-45,400 jobs) due to decreased sales, Chinese competition, and e-mobility transition; further job losses are anticipated.

German Industrial Job Losses Exceed 100,000

Germany's industrial sector experienced a net loss of 101,000 jobs in the past year, primarily impacting the automotive industry (-45,400 jobs) due to decreased sales, Chinese competition, and e-mobility transition; further job losses are anticipated.

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Decent Work and Economic Growth

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What is the immediate impact of Germany's economic crisis on industrial employment, and what sectors are most affected?

The German industrial sector shed over 101,000 jobs in the past year, with the automotive industry experiencing the most significant decline, losing approximately 45,400 positions. This reduction represents a 1.8% decrease in total industrial employment, bringing the total to 5.46 million by the end of Q1.

dw.com

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Jun 5, 13:13

Transnistria's Economic Collapse: Revenue Streams Dry Up

The Transnistrian separatist regime's three main revenue streams—domestic gas sales, industrial energy sales, and electricity sales to Chișinău—have collapsed due to halted Russian gas transit, reduced industrial output, and Chișinău's disconnection from the Cuciurgan power plant, prompting economic...

Transnistria's Economic Collapse: Revenue Streams Dry Up

The Transnistrian separatist regime's three main revenue streams—domestic gas sales, industrial energy sales, and electricity sales to Chișinău—have collapsed due to halted Russian gas transit, reduced industrial output, and Chișinău's disconnection from the Cuciurgan power plant, prompting economic...

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Reduced Inequality

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How have the three main revenue streams of the Transnistrian separatist regime been affected, and what are the underlying causes?

The regime's three main income sources—domestic gas sales, industrial energy sales, and electricity sales to Chișinău—have collapsed. This is due to the halting of Russian gas transit through Ukraine, reduced industrial output from insufficient gas supply, and Chișinău's disconnection from the Cuciurgan power plant.

dw.com

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Jun 5, 16:15

KRT TV Employees Strike Over Unpaid Salaries in Turkey

KRT TV employees in Turkey have stopped working due to unpaid salaries and meal allowances since March 28th, 2023, impacting over 150 employees and raising concerns about press freedom and the public's right to information; the channel's management has apologized and promised to create a payment pla...

KRT TV Employees Strike Over Unpaid Salaries in Turkey

KRT TV employees in Turkey have stopped working due to unpaid salaries and meal allowances since March 28th, 2023, impacting over 150 employees and raising concerns about press freedom and the public's right to information; the channel's management has apologized and promised to create a payment pla...

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How do the financial struggles at KRT TV reflect broader challenges within the Turkish media industry?

The situation at KRT TV highlights broader issues within Turkey's media landscape, including financial instability and potential political pressure. The non-payment of wages and the cutting off of electricity in the Ankara office due to non-payment of rent reveal systemic problems affecting journalists' livelihoods and the public's right to information. The lack of a clear payment plan from the channel's management further exacerbates the situation.

zeit.de

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Jun 3, 13:13

German Insolvencies to Rise Sharply in 2025: Allianz Trade

Allianz Trade predicts an 11% increase in German business insolvencies in 2025 to about 24,400 cases, following a 22% rise in 2024, due to economic hardship and trade conflicts; further growth is foreseen in 2026, impacting large firms and supply chains, particularly in construction, fashion, and au...

German Insolvencies to Rise Sharply in 2025: Allianz Trade

Allianz Trade predicts an 11% increase in German business insolvencies in 2025 to about 24,400 cases, following a 22% rise in 2024, due to economic hardship and trade conflicts; further growth is foreseen in 2026, impacting large firms and supply chains, particularly in construction, fashion, and au...

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Decent Work and Economic Growth

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How will the economic crisis and trade disputes affect the number of insolvencies in Germany in 2025 and 2026?

Due to economic crisis and trade disputes, Allianz Trade predicts an 11% increase in German insolvencies in 2025, reaching approximately 24,400 cases. This is a revision from their earlier prediction of a 10% increase. A further 3% rise is anticipated in 2026.", "The high number of large insolvencies with significant job losses is particularly concerning. Germany is expected to be the second most affected Western European market after France, with rising insolvency numbers projected even into 2026.", "The ongoing trade war and uncertain economic outlook contribute to the forecast. Large insolvencies create major financial difficulties for suppliers, potentially disrupting supply chains. 2024 already witnessed a record number of large insolvencies, with 87 cases totaling extyen17.4 billion in revenue, a 33% increase from the previous year.", Q1="What is the projected impact of the economic crisis and trade disputes on the number of insolvencies in Germany in 2025 and 2026?", Q2="What sectors are most vulnerable to these trends, and what are the potential cascading effects on the German economy?", Q3="What long-term implications might these trends have on the German economy's structure and competitiveness, particularly considering the impact on large businesses and supply chains?", ShortDescription="Allianz Trade forecasts an 11% surge in German insolvencies in 2025 to 24,400, exceeding prior predictions, driven by economic crisis and trade disputes; this follows a 22% increase in 2024 and projects further growth in 2026, impacting large businesses and supply chains, with construction, fashion, and auto suppliers most affected.", ShortTitle="German Insolvencies to Surge 11% in 2025, Allianz Trade Predicts")) 应为德语原文的翻译。请检查。谢谢。, print(default_api.final_result(A1=

Showing 121 to 132 of 505 results