Tag #Economic Crisis

Showing 169 to 180 of 328 results

nos.nl

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Jan 15, 19:10

German Construction Sector Faces 50% Revenue Drop Amidst Economic Crisis

Germany's construction sector faces a 50 percent revenue drop in Mecklenburg-Vorpommern due to economic woes and bureaucratic inefficiencies, delaying infrastructure projects and creating uncertainty for companies like ASA-Bau; the upcoming elections will debate solutions.

German Construction Sector Faces 50% Revenue Drop Amidst Economic Crisis

Germany's construction sector faces a 50 percent revenue drop in Mecklenburg-Vorpommern due to economic woes and bureaucratic inefficiencies, delaying infrastructure projects and creating uncertainty for companies like ASA-Bau; the upcoming elections will debate solutions.

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Industry, Innovation, and Infrastructure

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How do bureaucratic regulations and the Schuldenbremse contribute to the challenges faced by the German construction industry?

Germany's economic slump, marked by three consecutive years of contraction, is hindering infrastructure development. The government's austerity measures, including the Schuldenbremse (debt brake), limit investment capacity. This issue is central to the upcoming German elections, with political parties debating the necessity of amending the debt brake to facilitate necessary investments.

jpost.com

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Jan 14, 13:07

Lebanon Appoints ICJ President as Prime Minister Amidst Political and Economic Crisis

Lebanon appointed Nawaf Salam, president of the International Court of Justice, as its new prime minister on Monday, ending a two-year political deadlock amid a severe economic crisis; Salam secured backing from 84 parliament members but faces opposition from Hezbollah.

Lebanon Appoints ICJ President as Prime Minister Amidst Political and Economic Crisis

Lebanon appointed Nawaf Salam, president of the International Court of Justice, as its new prime minister on Monday, ending a two-year political deadlock amid a severe economic crisis; Salam secured backing from 84 parliament members but faces opposition from Hezbollah.

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Peace, Justice, and Strong Institutions

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How does Salam's appointment reflect the changing political landscape in Lebanon, and what challenges does he face in forming a government?

Salam's appointment reflects changing political alliances in Lebanon, with support from Christian and Sunni factions alongside international backing. This contrasts with the opposition from Hezbollah and its allies, highlighting a power struggle and potential realignment of political forces within the country. His success will depend on his ability to navigate Lebanon's complex sectarian power-sharing system.

t24.com.tr

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Jan 13, 16:11

Belgian Workers Protest Austerity Measures, Causing Widespread Disruption

Belgian workers protested austerity measures, including pension cuts, planned by the forming government, causing widespread transport disruption and flight cancellations.

Belgian Workers Protest Austerity Measures, Causing Widespread Disruption

Belgian workers protested austerity measures, including pension cuts, planned by the forming government, causing widespread transport disruption and flight cancellations.

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Decent Work and Economic Growth

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How are various sectors responding to the proposed pension reforms?

The protests highlight the significant social and economic impact of the proposed austerity measures. The planned pension cuts, coupled with potential wage freezes and extended working hours, are causing widespread discontent and major disruptions to daily life across Belgium.

lefigaro.fr

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Jan 13, 22:08

French Unemployment Agency Faces Financial Crisis Due to Budget Delay

Unédic, the French unemployment insurance agency, faces a financial crisis due to a delayed €4 billion state loan guarantee for its 2025 budget, potentially resulting in €44.3 billion debt by 2027, despite a projected €300 million surplus in 2024, prompting concerns about the system's long-term solv...

French Unemployment Agency Faces Financial Crisis Due to Budget Delay

Unédic, the French unemployment insurance agency, faces a financial crisis due to a delayed €4 billion state loan guarantee for its 2025 budget, potentially resulting in €44.3 billion debt by 2027, despite a projected €300 million surplus in 2024, prompting concerns about the system's long-term solv...

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Decent Work and Economic Growth

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What are the immediate financial implications for Unédic resulting from the delayed 2025 budget, and how does this affect French unemployment benefits?

Unédic, the French unemployment insurance agency, faces a financial crisis due to the lack of a 2025 budget. The agency's leaders warn that the state's delayed €4 billion guarantee for loans jeopardizes the system's solvency, potentially reaching €44.3 billion in debt by 2027.

t24.com.tr

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Jan 10, 16:11

Turkey's SOEs and Public Institutions Face Record 1.6 Trillion Lira in Operational Losses

In 2024, Turkish state-owned enterprises and public institutions faced record operational losses exceeding 1.6 trillion lira ($57 billion USD), including 705 billion lira for the Social Security Institution (SGK), 239.75 billion lira for other SOEs, and 109.04 billion lira for public banks, reflecti...

Turkey's SOEs and Public Institutions Face Record 1.6 Trillion Lira in Operational Losses

In 2024, Turkish state-owned enterprises and public institutions faced record operational losses exceeding 1.6 trillion lira ($57 billion USD), including 705 billion lira for the Social Security Institution (SGK), 239.75 billion lira for other SOEs, and 109.04 billion lira for public banks, reflecti...

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Reduced Inequality

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How do the 2024 operational loss payments to key institutions like EÜAŞ, BOTAŞ, and public banks compare to previous years, and what are the underlying reasons for the increases?

The massive increase in operational losses for Turkish SOEs and public institutions reflects a broader trend of financial strain on the national budget. The renaming of these payments from "operational losses" to "task assignment expenses" in 2021 failed to mitigate the growing financial burden. The substantial sums paid to institutions like EÜAŞ (198 billion lira), BOTAŞ (29 billion lira), and several public banks showcase the systemic nature of this problem.

theguardian.com

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Jan 10, 19:10

UK Faces Economic Instability and Political Scandals Amidst Rising Reform UK Support

Amidst economic turmoil and controversies surrounding government officials like anti-corruption minister Tulip Siddiq, Chancellor Hunt urges pro-growth measures, while Liz Truss threatens legal action against Keir Starmer, and Reform UK gains in the polls.

UK Faces Economic Instability and Political Scandals Amidst Rising Reform UK Support

Amidst economic turmoil and controversies surrounding government officials like anti-corruption minister Tulip Siddiq, Chancellor Hunt urges pro-growth measures, while Liz Truss threatens legal action against Keir Starmer, and Reform UK gains in the polls.

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Decent Work and Economic Growth

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What are the most significant immediate economic and political challenges facing the UK government, and how are these impacting public trust?

The UK's political landscape is currently marked by significant challenges, including economic instability and questions surrounding the integrity of government officials. Chancellor Hunt's call for pro-growth measures and the investigation into anti-corruption minister Tulip Siddiq's property holdings highlight the pressing issues facing the nation.

lefigaro.fr

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Jan 15, 22:08

French Regional Newspaper Le Courrier Picard Announces 20% Job Cuts

Le Courrier picard, a French regional newspaper, announced a plan to cut 18 jobs (20% of its staff) in January 2024, eliminating its editing department and impacting other areas due to industry challenges and competition, despite current profitability.

French Regional Newspaper Le Courrier Picard Announces 20% Job Cuts

Le Courrier picard, a French regional newspaper, announced a plan to cut 18 jobs (20% of its staff) in January 2024, eliminating its editing department and impacting other areas due to industry challenges and competition, despite current profitability.

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Decent Work and Economic Growth

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What is the impact of Le Courrier picard's job cuts on the quality of its journalism and its future financial stability?

Le Courrier picard, a French regional daily newspaper, announced a restructuring plan resulting in 18 job cuts, representing 20% of its workforce. This includes the entire editing department (12 positions) and several roles in the editorial and accounting departments. The newspaper currently has 102 permanent employees.

dailymail.co.uk

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Jan 13, 16:11

UK Financial Market Turmoil Raises Questions About Chancellor's Future

Amidst turbulent financial markets and a plummeting pound, Labour leader Keir Starmer declined to fully guarantee Chancellor Rachel Reeves's job security, while the government insists on sticking to fiscal rules; businesses blame Reeves' budget tax raid for economic woes.

UK Financial Market Turmoil Raises Questions About Chancellor's Future

Amidst turbulent financial markets and a plummeting pound, Labour leader Keir Starmer declined to fully guarantee Chancellor Rachel Reeves's job security, while the government insists on sticking to fiscal rules; businesses blame Reeves' budget tax raid for economic woes.

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Decent Work and Economic Growth

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What are the immediate consequences of the UK's current financial market instability, and what specific actions might the government take in response?

The UK's financial markets experienced turmoil, with rising government borrowing costs and a falling pound. Chancellor Rachel Reeves's economic policies are under intense scrutiny, leading to questions about her job security and potential spending cuts. Keir Starmer expressed confidence in Reeves but stopped short of guaranteeing her position.

bbc.com

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Jan 13, 22:08

Ghana to Investigate Controversial $400 Million National Cathedral Project

Ghana's new President, John Mahama, will investigate the controversial $400 million national cathedral project, which has already spent $58 million of taxpayer money despite stalled progress amid Ghana's economic crisis.

Ghana to Investigate Controversial $400 Million National Cathedral Project

Ghana's new President, John Mahama, will investigate the controversial $400 million national cathedral project, which has already spent $58 million of taxpayer money despite stalled progress amid Ghana's economic crisis.

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Reduced Inequality

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What are the potential long-term implications of this decision on government spending and public trust?

The outcome of the investigation will significantly impact public trust in the government and potentially shape future infrastructure projects. A decision to halt the project could free up funds for more pressing needs, while continuing it despite public opposition risks further eroding public confidence. The investigation's findings could also influence future religious projects and potentially lead to greater transparency in government spending.

nos.nl

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Jan 13, 22:08

Dutch Hospitality Faces 2024 Crisis Amidst Rising Costs and Reduced Spending

Despite a 4% rise in Dutch hospitality turnover in 2023, attributed solely to price hikes, reduced consumer spending and increased costs threaten the sector, with ABN Amro predicting 450 restaurant closures in 2024, double the 2023 number.

Dutch Hospitality Faces 2024 Crisis Amidst Rising Costs and Reduced Spending

Despite a 4% rise in Dutch hospitality turnover in 2023, attributed solely to price hikes, reduced consumer spending and increased costs threaten the sector, with ABN Amro predicting 450 restaurant closures in 2024, double the 2023 number.

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Reduced Inequality

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What are the immediate economic consequences of rising prices and reduced consumer spending in the Dutch hospitality sector?

The Dutch hospitality industry saw a 4% increase in turnover in 2023, but this was solely due to price increases; customer numbers actually decreased. This trend is impacting cheaper restaurants and takeout services most significantly, while higher-end establishments remain largely unaffected.

dw.com

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Jan 10, 19:10

German Election: Refugee Crisis, Economy, and Candidate Dissatisfaction Dominate

A new ARD-Deutschlandtrend poll reveals that Germany's upcoming February election will be heavily influenced by voters' concerns over the refugee crisis, the struggling economy, and widespread dissatisfaction with leading candidates; CDU/CSU leads with 31% support, while the AfD holds second place w...

German Election: Refugee Crisis, Economy, and Candidate Dissatisfaction Dominate

A new ARD-Deutschlandtrend poll reveals that Germany's upcoming February election will be heavily influenced by voters' concerns over the refugee crisis, the struggling economy, and widespread dissatisfaction with leading candidates; CDU/CSU leads with 31% support, while the AfD holds second place w...

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What are the most pressing issues driving the German election, and how do these concerns shape voter intentions and potential election outcomes?

Germany's upcoming February election is dominated by concerns over refugees, immigration, and the economic crisis. A recent ARD-Deutschlandtrend poll shows the CDU/CSU leading with 31% support, followed by AfD (20%), SPD (15%), and Greens (14%). The poll also reveals widespread dissatisfaction with leading candidates, a novel finding since 1998.",

dw.com

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Jan 9, 10:08

Lebanon's 13th Presidential Vote: Aoun Emerges as Leading Candidate Amidst Multiple Crises

Lebanon's lawmakers will make a 13th attempt to elect a new president this Thursday, amid multiple crises including a severe economic recession, and the recent conflict between Hezbollah and Israel, which displaced up to 1.3 million people. The leading candidate is Joseph Aoun, commander-in-chief of...

Lebanon's 13th Presidential Vote: Aoun Emerges as Leading Candidate Amidst Multiple Crises

Lebanon's lawmakers will make a 13th attempt to elect a new president this Thursday, amid multiple crises including a severe economic recession, and the recent conflict between Hezbollah and Israel, which displaced up to 1.3 million people. The leading candidate is Joseph Aoun, commander-in-chief of...

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Peace, Justice, and Strong Institutions

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How have the recent conflicts between Israel and Hezbollah influenced the dynamics of the Lebanese presidential election?

The Lebanese election is crucial for implementing the Israel-Hezbollah ceasefire and addressing the country's economic recession, frozen bank deposits, and the plummeting value of the Lebanese pound. The conflict caused significant destruction and internal displacement of up to 1.3 million people. A new president is needed to restore stability and manage these issues.

Showing 169 to 180 of 328 results