Tag #Economic Crisis

Showing 25 to 36 of 502 results

aljazeera.com
🌐 90% Global Worthiness
News related image

Sri Lanka's IMF Bailout: A Human Cost Analysis

Sri Lanka's 2023 IMF bailout, while stabilizing the economy, has imposed austerity measures causing widespread hardship and undermining social services, impacting 6.3 million people skipping meals and 65,600 facing severe food shortages.

Progress

48% Bias Score

No Poverty
lexpress.fr
🌐 85% Global Worthiness
News related image

Financial Crisis Looms for Some French Business Schools

Nine out of 23 French business schools failed to fill their seats this year, despite a 5% rise in applicants, triggering a financial crisis and highlighting the unsustainable economic model of the sector.

Progress

40% Bias Score

Quality Education
mk.ru
🌐 90% Global Worthiness
News related image

French Government Faces Collapse Amid Soaring Debt and Political Crisis

France's Prime Minister François Bayrou faces a confidence vote on September 8th amid a 3.345 trillion euro debt, 5.4% GDP deficit, and opposition threats to overthrow the government, potentially leading to IMF intervention and civil unrest.

Progress

56% Bias Score

Reduced Inequality
welt.de
🌐 65% Global Worthiness
News related image

€70 Million Rescue Fund Proposed for Thuringia's Automotive Industry

Left-wing faction leader Christian Schaft proposed a €70 million rescue fund for Thuringia's automotive industry, aiming to prevent 10,000 job losses and mirroring Bavaria's larger fund, in response to IG Metall's assessment of the crisis, with the fund to be part of the state budget negotiations.

Progress

36% Bias Score

Decent Work and Economic Growth
dw.com
🌐 85% Global Worthiness
News related image

French PM Faces No-Confidence Vote Over Austerity Budget

French Prime Minister François Bayrou faces a no-confidence vote on September 8th over a €44 billion austerity budget, risking a government collapse and early elections if it fails to pass parliament due to lack of majority support amidst a fragmented political landscape.

Progress

56% Bias Score

Reduced Inequality
dw.com
🌐 85% Global Worthiness
News related image

German Auto Industry Suffers 7% Job Losses Amidst Economic Crisis

A new EY study reveals that the German automotive industry has shed approximately 51,500 jobs (7% of the workforce) in the past year due to economic factors including competition from China, high energy costs, and US tariffs; broader industrial job losses reached 114,000.

Progress

44% Bias Score

Decent Work and Economic Growth
dw.com
🌐 85% Global Worthiness
News related image

Merz's Reform Plans Face Headwinds in German Coalition

German Chancellor Friedrich Merz's ambitious economic reform plans, including social security and tax reforms, risk fracturing the ruling coalition with the SPD due to disagreements on tackling a €172 billion budget deficit.

Progress

20% Bias Score

Reduced Inequality
dailymail.co.uk
🌐 85% Global Worthiness
News related image

French Austerity Budget Faces Confidence Vote Amidst Growing Crisis

France is facing a potential financial and political crisis as Prime Minister Bayrou's austerity budget, which includes £38 billion in cuts, faces a confidence vote on September 8th. Failure could trigger a market downturn, mirroring the UK's 2022 crisis under Liz Truss.

Progress

56% Bias Score

Reduced Inequality
welt.de
🌐 75% Global Worthiness
News related image

Buderus Edelstahl Restructuring Leads to Plant Closure, Job Losses in Wetzlar

Buderus Edelstahl in Wetzlar, Germany, is being dismantled, resulting in the closure of its steel plant by October, impacting 450 jobs, while the remaining units will be sold, potentially saving 670 jobs, due to high energy costs and challenging market conditions.

Progress

44% Bias Score

Decent Work and Economic Growth
bbc.com
🌐 85% Global Worthiness
News related image

Botswana Declares Public Health Emergency Amidst Medicine Shortages

Botswana declared a public health emergency due to severe medicine and equipment shortages, President Boko announced a \$18.3 million plan with military oversight to fix the supply chain, and the UN called for urgent action to protect children's health.

Progress

24% Bias Score

Good Health and Well-being
dw.com
🌐 85% Global Worthiness
News related image

German Automotive Sector Faces Deep Crisis with 51,500 Job Losses

Germany's manufacturing sector, especially its automotive industry, is facing a deep crisis, with approximately 51,500 job losses in the automotive sector alone within a year, representing a 7% decrease. This is reflected in the overall decline of 2.1% in manufacturing jobs across all sectors except...

Progress

44% Bias Score

Decent Work and Economic Growth
parsi.euronews.com
🌐 85% Global Worthiness
News related image

French PM Faces No-Confidence Vote Over €43.8 Billion Austerity Plan

French Prime Minister François Bayrou is facing a vote of no confidence on September 8th, 2024, over a €43.8 billion austerity plan to tackle France's growing budget deficit, prompting nationwide protests on September 10th and raising concerns about potential government collapse and further politica...

Progress

52% Bias Score

Reduced Inequality

Showing 25 to 36 of 502 results