Tag #Economic Crisis

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zeit.de

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Mar 26, 19:23

Northvolt Insolvency: Minister Accuses Schleswig-Holstein of Withholding Risks

Former Minister Bernd Buchholz accuses Schleswig-Holstein's government of concealing risks related to Northvolt's battery factory funding, potentially costing the state €300 million due to the company's insolvency; the state parliament will discuss the issue on Thursday.

Northvolt Insolvency: Minister Accuses Schleswig-Holstein of Withholding Risks

Former Minister Bernd Buchholz accuses Schleswig-Holstein's government of concealing risks related to Northvolt's battery factory funding, potentially costing the state €300 million due to the company's insolvency; the state parliament will discuss the issue on Thursday.

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What systemic changes or reforms could improve transparency and risk assessment in future state-sponsored industrial projects to prevent similar situations?

The Northvolt insolvency and resulting potential €300 million loss for Schleswig-Holstein underscores the risks of large-scale industrial subsidies without thorough due diligence. The case exposes challenges in balancing economic development goals with transparency and parliamentary oversight. Future investment decisions will likely face stricter scrutiny in light of this controversy.

bbc.com

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Mar 25, 16:16

Cuba's Economic Collapse: Mass Emigration and Population Decline

Photographer Sandra Hernández's "Surviving the Impossible" depicts the daily struggles of Cubans facing economic collapse, including food rationing, mass emigration (over 850,000 to the US since 2022), and a plummeting birth rate (71,000 in 2024, the lowest in decades), resulting in a population of ...

Cuba's Economic Collapse: Mass Emigration and Population Decline

Photographer Sandra Hernández's "Surviving the Impossible" depicts the daily struggles of Cubans facing economic collapse, including food rationing, mass emigration (over 850,000 to the US since 2022), and a plummeting birth rate (71,000 in 2024, the lowest in decades), resulting in a population of ...

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Zero Hunger

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What are the most significant consequences of Cuba's economic collapse on its population and social fabric?

The economic crisis in Cuba, marked by a 12% reduction since 2019, has led to widespread food rationing, emigration, and a shrinking population. Photographer Sandra Hernández's work, "Surviving the Impossible," captures the daily struggles of Cubans amidst these hardships, focusing on the often-overlooked realities of life.

aljazeera.com

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Mar 21, 16:11

Tunisia's President Replaces Prime Minister Amidst Economic and Migrant Crises

Tunisian President Kais Saied fired Prime Minister Kamel Maddouri on Thursday, replacing him with Sara Zaafarani, Tunisia's second female prime minister, amid economic and political crises, including a severe public finance crisis leading to shortages of key commodities and a migrant crisis involvin...

Tunisia's President Replaces Prime Minister Amidst Economic and Migrant Crises

Tunisian President Kais Saied fired Prime Minister Kamel Maddouri on Thursday, replacing him with Sara Zaafarani, Tunisia's second female prime minister, amid economic and political crises, including a severe public finance crisis leading to shortages of key commodities and a migrant crisis involvin...

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How do the ongoing migrant crisis and the deterioration of public services in Tunisia contribute to the political instability and the need for governmental changes?

Saied's dismissal of Maddouri and appointment of Zaafarani reflect his efforts to stabilize Tunisia's economy and address the growing migrant crisis. The high expectations of the Tunisian people, coupled with a deteriorating public service sector and economic stagnation (growth not exceeding 1.4 percent in the past year), necessitated this change. Saied's actions are also in response to public complaints about deteriorating public services, from health and transport to utilities.

lexpress.fr

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Mar 20, 04:12

Argentina's Parliament Approves IMF Loan Amidst Social Unrest

The Argentine Chamber of Deputies approved a 10-year loan from the IMF to manage its $44 billion debt, amidst protests against austerity measures impacting retirees' purchasing power, following a week of violent clashes.

Argentina's Parliament Approves IMF Loan Amidst Social Unrest

The Argentine Chamber of Deputies approved a 10-year loan from the IMF to manage its $44 billion debt, amidst protests against austerity measures impacting retirees' purchasing power, following a week of violent clashes.

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What immediate economic impact is expected from the approved IMF loan for Argentina?

The Argentine Chamber of Deputies approved a 10-year loan, the amount yet unknown, with 129 votes in favor and 108 against. This loan is intended to help Argentina manage its $44 billion debt to the IMF, a legacy of a 2018 loan. Simultaneous protests occurred, focusing on reduced purchasing power for retirees due to inflation and austerity.

nrc.nl

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Mar 20, 07:13

SME Survival During Crises: Resilience of Owners Trumps Financial Health

A Leiden University study found that the resilience of business owners, exceeding financial health, significantly impacts SMEs' survival during crises; this resilience incorporates their response to setbacks and support networks, influencing future lending models.

SME Survival During Crises: Resilience of Owners Trumps Financial Health

A Leiden University study found that the resilience of business owners, exceeding financial health, significantly impacts SMEs' survival during crises; this resilience incorporates their response to setbacks and support networks, influencing future lending models.

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Decent Work and Economic Growth

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How do the personal characteristics of business owners affect the survival rates of SMEs during economic crises?

A Leiden University study reveals that during crises, the resilience of business owners significantly impacts a small or medium-sized enterprise's survival, exceeding the traditional focus on financial health. This resilience encompasses their response to setbacks and their support networks.

lemonde.fr

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Mar 20, 10:09

French Real Estate Faces Tax Hikes and Investment Slowdown

The end of France's "Pinel" tax incentive in 2024, coupled with potential tax increases and stricter regulations on seasonal rentals, is impacting real estate investments, with sales of older homes down over 30% and new housing construction halved since 2022.

French Real Estate Faces Tax Hikes and Investment Slowdown

The end of France's "Pinel" tax incentive in 2024, coupled with potential tax increases and stricter regulations on seasonal rentals, is impacting real estate investments, with sales of older homes down over 30% and new housing construction halved since 2022.

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Sustainable Cities and Communities

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How have recent changes to regulations for seasonal rentals and furnished rentals affected real estate investors in France?

The French real estate market faces a crisis, with insufficient housing construction and contrasting price trends. Tax changes, including the end of the Pinel scheme and stricter rules for furnished rentals, have reduced investment appeal. Experts are concerned that real estate is becoming a primary source of taxation rather than a subject of public policy.

forbes.com

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Mar 25, 22:11

Trump Administration's Actions Threaten Social Security Payments

The Trump administration's undermining of Social Security, including staff cuts and negative rhetoric, threatens timely benefit payments to 73 million Americans, exposing a deep disconnect between elites and those reliant on the system for survival.

Trump Administration's Actions Threaten Social Security Payments

The Trump administration's undermining of Social Security, including staff cuts and negative rhetoric, threatens timely benefit payments to 73 million Americans, exposing a deep disconnect between elites and those reliant on the system for survival.

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No Poverty

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What is the immediate impact of the Trump administration's actions on Social Security's ability to provide timely payments to its beneficiaries?

The Trump administration's actions, including public denigration of Social Security and staff cuts, jeopardize the timely delivery of benefits to 73 million Americans, potentially causing financial hardship for millions who rely on these payments for essential needs. Secretary Lutnick's comment highlights the disconnect between elites and the average American's dependence on Social Security.

foxnews.com

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Mar 25, 19:19

California's Democratic Failures: Nine Pathologies and Their Consequences

California, under two decades of complete Democratic control, suffers from the worst poverty, unemployment, homelessness, and cost of living in the US, attributed to policies driven by 'Climatism'—extreme environmentalism prioritizing symbolic actions over practical solutions.

California's Democratic Failures: Nine Pathologies and Their Consequences

California, under two decades of complete Democratic control, suffers from the worst poverty, unemployment, homelessness, and cost of living in the US, attributed to policies driven by 'Climatism'—extreme environmentalism prioritizing symbolic actions over practical solutions.

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No Poverty

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How do the nine identified pathologies within the California Democratic Party contribute to the state's problems?

The article connects California's failures to nine 'pathologies' within the Democratic Party: elitism, narcissism, cronyism, socialism, bureaucratism, Maoism, pathological compassionism, and incompetism. These pathologies manifest in policies that harm the working class while prioritizing ideological goals, leading to issues like the homelessness crisis and high-speed rail project failures.

lemonde.fr

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Mar 21, 10:12

Tunisian President Dismisses Prime Minister Amid Political Tensions and Economic Crisis

Tunisian President Kais Saied unexpectedly dismissed Prime Minister Kamel Madouri on March 21st, 2025, replacing him with Sarra Zaafrani Zenzri, the second woman to hold the position, amid a tense political climate and significant economic challenges, including 16% unemployment and 0.4% growth in 20...

Tunisian President Dismisses Prime Minister Amid Political Tensions and Economic Crisis

Tunisian President Kais Saied unexpectedly dismissed Prime Minister Kamel Madouri on March 21st, 2025, replacing him with Sarra Zaafrani Zenzri, the second woman to hold the position, amid a tense political climate and significant economic challenges, including 16% unemployment and 0.4% growth in 20...

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Peace, Justice, and Strong Institutions

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What are the immediate consequences of the unexpected dismissal of Tunisia's Prime Minister?

Tunisian President Kais Saied dismissed Prime Minister Kamel Madouri on March 21st, 2025, replacing him with Sarra Zaafrani Zenzri. This follows a similar late-night dismissal of the finance minister in February. No official reasons were given for Madouri's removal.

dw.com

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Mar 20, 01:12

Argentina Approves New IMF Loan Amidst Protests

The Argentine Congress approved a new IMF loan of unspecified amount on March 19, 2025, to address economic instability and strengthen reserves, amidst protests against President Milei's austerity measures, adding to Argentina's $44 billion debt.

Argentina Approves New IMF Loan Amidst Protests

The Argentine Congress approved a new IMF loan of unspecified amount on March 19, 2025, to address economic instability and strengthen reserves, amidst protests against President Milei's austerity measures, adding to Argentina's $44 billion debt.

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What are the underlying causes of the social unrest accompanying the IMF loan approval in Argentina?

This new IMF loan is intended to strengthen Argentina's reserves and stabilize its economy, addressing market nervousness and the central bank's intervention to support the peso. The central bank recently spent $932 million (3.4% of its reserves) to prop up the peso. Opposition concerns center on the potential for capital flight, despite government assurances that the loan will support economic stability.

dw.com

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Mar 20, 01:12

Bolivian Protests Erupt Amidst Fuel Shortages and Soaring Inflation

On March 19, 2025, thousands of Bolivians protested in La Paz and El Alto due to severe fuel and dollar shortages, causing roadblocks and highlighting 12.03% annual inflation—the highest since 2008—with 66% of gas stations lacking fuel this week.

Bolivian Protests Erupt Amidst Fuel Shortages and Soaring Inflation

On March 19, 2025, thousands of Bolivians protested in La Paz and El Alto due to severe fuel and dollar shortages, causing roadblocks and highlighting 12.03% annual inflation—the highest since 2008—with 66% of gas stations lacking fuel this week.

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No Poverty

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What are the underlying causes of Bolivia's economic crisis, and how have these issues escalated to widespread protests?

The protests highlight Bolivia's ongoing economic crisis stemming from a US dollar shortage since 2023. Depleted international reserves limit fuel imports, impacting subsidized prices and causing widespread shortages. The government's recent measures, including school closures and public transport reductions, aim to curb fuel consumption.

dailymail.co.uk

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Mar 19, 07:13

Tesla Investor Calls for Musk's Resignation Amidst Stock Plunge and Brand Crisis

Tesla investor Ross Gerber called for Elon Musk's resignation as CEO due to plummeting stock prices (down 53% since December, $800 billion market value loss), negative brand perception, and sales decline amidst protests and vandalism against Tesla following Musk's government actions under the Trump ...

Tesla Investor Calls for Musk's Resignation Amidst Stock Plunge and Brand Crisis

Tesla investor Ross Gerber called for Elon Musk's resignation as CEO due to plummeting stock prices (down 53% since December, $800 billion market value loss), negative brand perception, and sales decline amidst protests and vandalism against Tesla following Musk's government actions under the Trump ...

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Decent Work and Economic Growth

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What is the immediate impact of the plummeting Tesla stock price and the calls for Elon Musk's resignation?

A major Tesla investor, Ross Gerber, called for Elon Musk's resignation as CEO, citing plummeting stock prices (down 53% since December, an $800 billion market value loss) and reputational damage. Gerber argues Musk's involvement in other ventures (DOGE, X) and divisive actions have negatively impacted Tesla's sales and brand perception. He's already begun selling his Tesla shares.

Showing 121 to 132 of 397 results