Tag #Economic Crisis

Showing 37 to 48 of 319 results

t24.com.tr

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Mar 31, 13:15

Declining Competitiveness Threatens Turkey's Automotive Sector

Turkey's automotive production is projected to decline to 1.4 million units by 2026, threatening its global ranking and prompting foreign suppliers to consider closing factories due to declining competitiveness.

Declining Competitiveness Threatens Turkey's Automotive Sector

Turkey's automotive production is projected to decline to 1.4 million units by 2026, threatening its global ranking and prompting foreign suppliers to consider closing factories due to declining competitiveness.

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Decent Work and Economic Growth

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What long-term strategies should Turkey adopt to ensure the sustainability of its automotive sector and maintain its global competitiveness?

The potential factory closures by foreign automotive suppliers in Turkey signal a significant threat to the country's automotive sector. This situation highlights the need for Turkey to increase its annual production to at least 2 million units to maintain its global competitiveness and secure a sustained position within the top 10. Failure to do so risks a further decline in its global ranking and job losses.

fr.allafrica.com

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Mar 27, 16:16

Goma's Economy Crumbles Under M23 Rebellion

The M23 rebellion's occupation of Goma since January has crippled the city's economy, causing a 40-50% revenue drop in hotels, 75-80% in some restaurants, mass layoffs, and widespread economic hardship due to the airport and bank closures.

Goma's Economy Crumbles Under M23 Rebellion

The M23 rebellion's occupation of Goma since January has crippled the city's economy, causing a 40-50% revenue drop in hotels, 75-80% in some restaurants, mass layoffs, and widespread economic hardship due to the airport and bank closures.

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No Poverty

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How has the conflict affected various sectors in Goma, and what are the broader consequences of these impacts?

The crisis in Goma demonstrates the ripple effect of conflict on local economies. Reduced tourism, business closures, and decreased consumer spending have created a cascading effect of job losses and economic hardship across various sectors. The closure of the airport and banks further exacerbates the situation.

abcnews.go.com

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Mar 26, 19:24

CBO Warns of Potential US Government Default in Late 2025

The Congressional Budget Office (CBO) warns the U.S. government may default on its debt as early as August or September 2025 if Congress fails to raise the $36.1 trillion debt ceiling, creating a potential economic crisis.

CBO Warns of Potential US Government Default in Late 2025

The Congressional Budget Office (CBO) warns the U.S. government may default on its debt as early as August or September 2025 if Congress fails to raise the $36.1 trillion debt ceiling, creating a potential economic crisis.

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Reduced Inequality

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What is the timeline for potential U.S. government default if Congress doesn't act on the debt ceiling?

The Congressional Budget Office (CBO) projects the U.S. government could default on its debt as early as August or September 2025 if Congress fails to raise the debt limit. The Treasury Department has already reached the current debt limit of $36.1 trillion and is using extraordinary measures to continue borrowing. Failure to act could lead to a government shutdown and economic consequences.

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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Reduced Inequality

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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.

dailymail.co.uk

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Mar 30, 19:19

US Treasury's Critical Funds Depletion Risks National Debt Default

The US Treasury's \$280 billion remaining balance, following a record \$286 billion drawdown in March, necessitates immediate action to avert a potential national debt default, given the looming debt ceiling and insufficient funds for crucial programs.

US Treasury's Critical Funds Depletion Risks National Debt Default

The US Treasury's \$280 billion remaining balance, following a record \$286 billion drawdown in March, necessitates immediate action to avert a potential national debt default, given the looming debt ceiling and insufficient funds for crucial programs.

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No Poverty

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How did the 2023 debt ceiling deal contribute to the current financial crisis, and what are the short-term solutions being considered?

The current crisis stems from the January 2025 reinstatement of a \$36.1 trillion debt ceiling, exceeding the current \$36.6 trillion national debt. Temporary measures can only delay a default until August or September, according to the Congressional Budget Office. This situation mirrors the 2023 debt ceiling crisis, prompting similar calls for a debt ceiling increase.

elpais.com

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Mar 27, 22:11

Argentina Secures \$20 Billion IMF Loan Amidst Exchange Rate Uncertainty

Argentina's government secured a \$20 billion IMF loan to address financial instability, aiming to bolster central bank reserves and avoid devaluation despite potential IMF conditions. Negotiations are advanced but specifics, including exchange rate adjustments, remain unclear.

Argentina Secures \$20 Billion IMF Loan Amidst Exchange Rate Uncertainty

Argentina's government secured a \$20 billion IMF loan to address financial instability, aiming to bolster central bank reserves and avoid devaluation despite potential IMF conditions. Negotiations are advanced but specifics, including exchange rate adjustments, remain unclear.

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Reduced Inequality

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What are the immediate economic consequences of Argentina securing a \$20 billion IMF loan, and what are the potential global implications?

Argentina's government announced a "successful economic program" contingent on a new \$20 billion IMF loan to address recent financial instability. The IMF confirmed advanced negotiations but didn't specify the sum or conditions, leaving questions about the exchange rate regime.

mk.ru

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Mar 26, 16:12

Low Oil Prices Threaten Russia's Budget and Global Stability

A British agency report warns that prolonged low oil prices, similar to the 1970s, risk increasing US shale oil production and triggering an OPEC+ collapse, sharply reducing Russia's budget revenues which were \$189 billion in 2024 and \$15.77 billion in January 2025.

Low Oil Prices Threaten Russia's Budget and Global Stability

A British agency report warns that prolonged low oil prices, similar to the 1970s, risk increasing US shale oil production and triggering an OPEC+ collapse, sharply reducing Russia's budget revenues which were \$189 billion in 2024 and \$15.77 billion in January 2025.

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What is the primary global risk highlighted by the report regarding sustained low oil prices?

A report by a British agency draws parallels between current oil market conditions and the 1974-1985 period of high oil prices followed by an 18-year price slump. This earlier period contributed to the Soviet Union's economic crisis, Cold War defeat, and eventual collapse. Today, a sustained oil price drop might boost shale oil production in non-OPEC countries, increasing global supply.

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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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.

Showing 37 to 48 of 319 results