Tag #Economic Crisis

dw.com
🌐 85% Global Worthiness
News related image

EU Faces Multiple Crises in 2025: Ukraine, Trump, and Internal Fragilities

In 2025, the European Union faces multiple crises: supporting Ukraine against Russia while navigating potential US aid cuts under President Trump; managing internal economic fragilities, including high debt in several member states; and preventing trade wars with the US and China. These challenges t...

Progress

52% Bias Score

No Poverty
nbcnews.com
🌐 95% Global Worthiness
News related image

Global Incumbent Vote Losses in 2024 Elections

The 2024 election year saw incumbent governments worldwide suffer significant vote share losses due to post-COVID economic anxieties, including high inflation and stagnant wages, along with concerns over immigration, leading to increased support for populist and nationalist parties.

Progress

44% Bias Score

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

Romania Implements Austerity Measures to Curb Record Budget Deficit

Romania's Prime Minister Marcel Ciolacu announced austerity measures including tax hikes, subsidy cuts, and delayed salary/pension increases to combat its 8.5% GDP budget deficit—the EU's highest—aiming for a 7% deficit by end-2025 and 2.5% within seven years, sparking public protests.

Progress

44% Bias Score

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

Berlin's Iconic Clubs Face Closure Amidst Rising Costs and Economic Challenges

The closure of Berlin's Watergate and Wilde Renate nightclubs, iconic venues for electronic music, highlights the challenges faced by Berlin's nightlife due to rising rents, inflation, and decreased tourism; this threatens the city's cultural identity and €1.5 billion annual economic contribution.

Progress

44% Bias Score

Sustainable Cities and Communities
theguardian.com
🌐 85% Global Worthiness
News related image

Franco-German Alliance Under Strain Amidst Political Turmoil

Political instability in France and Germany, coupled with disagreements on Ukraine and economic policy, threatens the Franco-German alliance, a cornerstone of the European Union, as the far-right gains traction.

Progress

48% Bias Score

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

Thuringia's Economy Minister Warns of Difficult 2025

Thuringia's new Economics Minister, Colette Boos-John, predicts a difficult 2025 for the German economy, with tens of thousands of jobs at risk due to a worsening industrial crisis; she calls for reduced energy costs, streamlined bureaucracy, and improved infrastructure to stimulate economic growth.

Progress

44% Bias Score

Decent Work and Economic Growth
taz.de
🌐 75% Global Worthiness
News related image

German Mid-Sized Businesses Anticipate Economic Downturn in 2025

A survey by the German Federation of Medium-Sized Businesses reveals that 80% of mid-sized companies expect a worsening economy in 2025; this comes amidst a backdrop of shrinking GDP, industrial crisis, and rising unemployment, prompting questions about the motives behind such claims.

Progress

56% Bias Score

Decent Work and Economic Growth
nos.nl
🌐 85% Global Worthiness
News related image

China's Swift Justice for Violent Attacks Amidst Growing Unrest

Two men in China received harsh sentences for separate violent attacks—one resulting in 35 deaths, the other injuring 30—highlighting growing societal unrest linked to economic hardship and government repression.

Progress

44% Bias Score

Peace, Justice, and Strong Institutions
es.euronews.com
🌐 85% Global Worthiness
News related image

EU Political Shakeup of 2024: Winners and Losers

The 2024 European political landscape saw significant shifts, with leaders like Donald Tusk gaining influence while others like Emmanuel Macron faced setbacks; elections, the war in Ukraine, and economic challenges contributed to this upheaval.

Progress

52% Bias Score

Peace, Justice, and Strong Institutions
fr.euronews.com
🌐 85% Global Worthiness
News related image

EU Power Shifts: Winners and Losers of a Turbulent 2024

The 2024 European political year saw centrist leaders like Donald Tusk and Pedro Sánchez gain influence in Brussels, while others such as Emmanuel Macron and Olaf Scholz faced setbacks due to domestic political crises; the rise of far-right parties added further complexity.

Progress

52% Bias Score

Peace, Justice, and Strong Institutions
news.sky.com
🌐 85% Global Worthiness
News related image

UK Retail Job Losses Surge to 169,395 in 2024

The UK retail sector experienced a significant increase in job losses in 2024, with 169,395 positions lost due to business failures and cost-cutting, exceeding the 2020 pandemic levels, and is predicted to worsen in 2025.

Progress

40% Bias Score

Decent Work and Economic Growth
cnbc.com
🌐 90% Global Worthiness
News related image

US Government Faces Looming Debt Ceiling Crisis

Treasury Secretary Janet Yellen warned Congress on December 29, 2024 that the federal government may hit its debt limit as early as January 14, 2025, unless Congress acts or the Treasury implements "extraordinary measures", potentially leading to a government default and impacting global markets.

Progress

48% Bias Score

Reduced Inequality