Tag #Economic Crisis

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dw.com

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Dec 18, 19:11

German Election 2024: Economy Takes Center Stage

Germany's snap election on February 23rd is dominated by economic concerns, with the ruling SPD, CDU opposition, and Greens offering competing plans involving tax policies, debt reforms, and minimum wage increases, alongside concerns about the war in Ukraine and immigration.

German Election 2024: Economy Takes Center Stage

Germany's snap election on February 23rd is dominated by economic concerns, with the ruling SPD, CDU opposition, and Greens offering competing plans involving tax policies, debt reforms, and minimum wage increases, alongside concerns about the war in Ukraine and immigration.

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Decent Work and Economic Growth

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What are the primary economic concerns driving the German election, and how are the main political parties addressing them?

It's the economy, stupid!" resonates deeply in Germany's snap election. German voters are primarily concerned about rising prices and potential job losses due to the ongoing economic crisis, with prominent companies announcing factory closures and withdrawals from the country. This economic downturn is impacting daily life, making essential goods unaffordable for many.

welt.de

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Dec 18, 16:15

German Housing Shortage Worsens Amidst Permit Decline

Germany saw a 19.5 percent decrease in building permits from January to October 2024 compared to the previous year, falling short of the government's 400,000 new homes target and worsening the existing housing shortage, particularly in cities, despite some price corrections in the real estate market...

German Housing Shortage Worsens Amidst Permit Decline

Germany saw a 19.5 percent decrease in building permits from January to October 2024 compared to the previous year, falling short of the government's 400,000 new homes target and worsening the existing housing shortage, particularly in cities, despite some price corrections in the real estate market...

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Sustainable Cities and Communities

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How do recent price corrections in the real estate market affect the overall housing crisis in Germany?

The decline in building permits directly reflects the ongoing housing crisis in German cities. Fewer permits translate to fewer new homes constructed, exacerbating the existing shortage. Although some price reductions occurred, particularly in major cities, the high demand driven by population growth and recently decreased interest rates are preventing substantial relief.

taz.de

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Dec 17, 01:10

Contrasting Economic Signals in Germany: Corporate Profits vs. Citizen Well-being

The German economy shows contrasting trends: record-high DAX despite automotive industry struggles, rising wages in some sectors, and a predicted 0.2 percent growth in 2025, yet high inflation and stagnant social benefits affect many citizens, prompting questions about the true state of the economy.

Contrasting Economic Signals in Germany: Corporate Profits vs. Citizen Well-being

The German economy shows contrasting trends: record-high DAX despite automotive industry struggles, rising wages in some sectors, and a predicted 0.2 percent growth in 2025, yet high inflation and stagnant social benefits affect many citizens, prompting questions about the true state of the economy.

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What are the key indicators suggesting both positive and negative aspects of the current German economic situation?

The German economy shows mixed signals. While the DAX hit record highs and some sectors see wage increases, concerns exist about the automotive industry's struggles and high inflation impacting people's well-being. A 0.2 percent growth is predicted for 2025.

theguardian.com

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Dec 16, 13:10

France's Bayrou Faces 'Himalayan' Task Amidst Political and Financial Crisis

France's new Prime Minister, François Bayrou, faces a "Himalayan" task of resolving a political and financial crisis marked by a Moody's downgrade, parliamentary deadlock, and the threat of Marine Le Pen's rise to power, requiring him to build a coalition government.

France's Bayrou Faces 'Himalayan' Task Amidst Political and Financial Crisis

France's new Prime Minister, François Bayrou, faces a "Himalayan" task of resolving a political and financial crisis marked by a Moody's downgrade, parliamentary deadlock, and the threat of Marine Le Pen's rise to power, requiring him to build a coalition government.

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What immediate actions must Bayrou take to stabilize France's political and financial situation?

France faces a political and financial crisis, with Prime Minister François Bayrou tasked with resolving parliamentary deadlock and a budget deficit. Moody's recently downgraded France's sovereign rating, increasing financial pressure. Bayrou's success hinges on gaining support from both the center-left and center-right parties.

theglobeandmail.com

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Dec 14, 00:36

Cuba Faces Severe Fuel Shortages Amidst Economic Hardship

Cuba is experiencing widespread fuel shortages, causing long lines at gas stations and disrupting daily life, following months of blackouts; reduced oil shipments from Venezuela and Mexico contribute to the crisis.

Cuba Faces Severe Fuel Shortages Amidst Economic Hardship

Cuba is experiencing widespread fuel shortages, causing long lines at gas stations and disrupting daily life, following months of blackouts; reduced oil shipments from Venezuela and Mexico contribute to the crisis.

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Affordable and Clean Energy

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What is the immediate impact of Cuba's fuel shortages on its citizens and economy?

Cuba is facing severe fuel shortages, impacting transportation and daily life, with many gas stations closed and long lines forming. This follows recent widespread blackouts, further disrupting the country.

dw.com

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Dec 14, 12:24

German Farmers Face Income Crisis Amidst High Costs and Declining Yields

German farmers' average income dropped by nearly a third in the 2023/2024 business year to €77,500 due to high input costs, declining yields, and the phasing out of diesel subsidies, leading to calls for policy changes ahead of February 2024 elections.

German Farmers Face Income Crisis Amidst High Costs and Declining Yields

German farmers' average income dropped by nearly a third in the 2023/2024 business year to €77,500 due to high input costs, declining yields, and the phasing out of diesel subsidies, leading to calls for policy changes ahead of February 2024 elections.

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Zero Hunger

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How do rising input costs and declining yields contribute to the current agricultural crisis in Germany, and what systemic factors exacerbate these issues?

High energy, fertilizer, and pesticide costs, coupled with declining yields due to climate change and new pests, significantly impacted profitability. This situation highlights the vulnerability of German agriculture to external factors and the urgent need for policy adjustments.

welt.de

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Dec 18, 16:15

Germany Extends Short-Time Work Benefits to 24 Months

The German Cabinet extended short-time work benefits to 24 months until December 31, 2025, to counter rising unemployment (268,000 in September 2024, 76% more than last year), primarily affecting manufacturing sectors like machinery and automotive production, aiming to support businesses and retain ...

Germany Extends Short-Time Work Benefits to 24 Months

The German Cabinet extended short-time work benefits to 24 months until December 31, 2025, to counter rising unemployment (268,000 in September 2024, 76% more than last year), primarily affecting manufacturing sectors like machinery and automotive production, aiming to support businesses and retain ...

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Decent Work and Economic Growth

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What is the immediate impact of the German government's extension of short-time work benefits on employment and businesses?

The German government extended the eligibility period for short-time work benefits (Kurzarbeitergeld) to up to 24 months to mitigate economic challenges and protect jobs. This measure aims to support both employees and businesses, particularly in the manufacturing sector, which has seen a substantial rise in short-time work recently. The extension applies until December 31, 2025.

elpais.com

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Dec 18, 22:09

Colombia Suspends Mi Casa Ya Housing Subsidy Amidst Funding Crisis

The Colombian government suspended its Mi Casa Ya housing subsidy program due to insufficient funds following a failed tax reform, impacting approximately 290,000 families who couldn't purchase homes in 2023 and affecting both homebuyers and construction companies.

Colombia Suspends Mi Casa Ya Housing Subsidy Amidst Funding Crisis

The Colombian government suspended its Mi Casa Ya housing subsidy program due to insufficient funds following a failed tax reform, impacting approximately 290,000 families who couldn't purchase homes in 2023 and affecting both homebuyers and construction companies.

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How did the failed tax reform and the current economic climate contribute to the suspension of the Mi Casa Ya program?

The suspension is linked to the government's low cash reserves, resulting from insufficient 2024 tax revenue and the failure of a proposed tax reform aiming to collect 12 trillion pesos. Favorable macroeconomic conditions, including low-interest rates and inflation, were cited as reasons to 'rethink' the subsidy program.

it.euronews.com

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Dec 17, 04:09

Greece and Lebanon Discuss Economic Cooperation Amidst Regional Instability

Greek Prime Minister Kyriakos Mitsotakis met with Lebanese Prime Minister Najib Mikati on Monday in Beirut to discuss bilateral economic cooperation, Lebanon's financial crisis, and regional stability, emphasizing adherence to the November 27 ceasefire between Israel and Hezbollah and the importance...

Greece and Lebanon Discuss Economic Cooperation Amidst Regional Instability

Greek Prime Minister Kyriakos Mitsotakis met with Lebanese Prime Minister Najib Mikati on Monday in Beirut to discuss bilateral economic cooperation, Lebanon's financial crisis, and regional stability, emphasizing adherence to the November 27 ceasefire between Israel and Hezbollah and the importance...

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No Poverty

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What immediate economic or political impacts resulted from the meeting between the Lebanese and Greek Prime Ministers?

The Lebanese Prime Minister Najib Mikati met with his Greek counterpart Kyriakos Mitsotakis on Monday in Beirut to discuss bilateral economic cooperation and agreements to help Lebanon overcome its financial crisis. Mikati highlighted Greece's experience in economic reforms and financial recovery, emphasizing Lebanon's unprecedented crisis since 2019. They also discussed Lebanon's current situation and the importance of adhering to the November 27 ceasefire agreement between Israel and Hezbollah.",

tr.euronews.com

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Dec 16, 22:08

Le Pen Expresses Optimism Following Meeting with France's New Prime Minister

France's new Prime Minister, François Bayrou, met with far-right leader Marine Le Pen, who expressed cautious optimism, following the short-lived premiership of Michel Barnier, who was ousted over his 2025 social security budget proposal.

Le Pen Expresses Optimism Following Meeting with France's New Prime Minister

France's new Prime Minister, François Bayrou, met with far-right leader Marine Le Pen, who expressed cautious optimism, following the short-lived premiership of Michel Barnier, who was ousted over his 2025 social security budget proposal.

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How did the previous Prime Minister's failed budget and subsequent removal contribute to the current political situation and Bayrou's appointment?

Bayrou's appointment follows the ousting of Michel Barnier earlier this month, after his proposed 2025 social security budget failed to pass. Le Pen played a key role in Barnier's removal, criticizing the budget and withdrawing her support despite concessions. Bayrou aims to secure support from both the left and right to govern effectively.

nos.nl

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Dec 14, 00:36

Russia's Severe Labor Shortage: A Confluence of War, Demographics, and Policy

Russia faces a critical labor shortage affecting 73 percent of companies, due to demographic decline, the war in Ukraine, and restrictive immigration policies, despite the Kremlin's acknowledgment of the need for migrant workers.

Russia's Severe Labor Shortage: A Confluence of War, Demographics, and Policy

Russia faces a critical labor shortage affecting 73 percent of companies, due to demographic decline, the war in Ukraine, and restrictive immigration policies, despite the Kremlin's acknowledgment of the need for migrant workers.

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How is Russia's labor shortage impacting its economic growth and national security?

Russia faces a severe labor shortage, exacerbated by demographic decline, the war in Ukraine, and emigration. The Central Bank estimates 73 percent of companies experience shortages, hindering economic growth. This shortage is impacting various sectors, from hospitality to defense.

theglobeandmail.com

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Dec 13, 01:12

"$60 Billion Deficit Triggers Crisis in Canadian Government"

"Canada faces a $60 billion deficit, far exceeding projections, causing conflict within the Liberal government, possibly leading to Finance Minister Chrystia Freeland's dismissal and a potential snap election."

"$60 Billion Deficit Triggers Crisis in Canadian Government"

"Canada faces a $60 billion deficit, far exceeding projections, causing conflict within the Liberal government, possibly leading to Finance Minister Chrystia Freeland's dismissal and a potential snap election."

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"What is the immediate impact of the reported $60 billion deficit on the Canadian government's stability and internal dynamics?"

"The Canadian government faces a $60 billion deficit, exceeding initial projections and leading to internal conflict within the Liberal Party. Finance Minister Chrystia Freeland, reportedly disagreeing with the government's spending plans, may be dismissed by Prime Minister Justin Trudeau."

Showing 421 to 432 of 505 results