Tag #Economic Crisis

Showing 73 to 84 of 505 results

welt.de
🌐 65% Global Worthiness
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Berlin's SchwuZ Club Files for Insolvency Amidst Economic Downturn

Berlin's SchwuZ club, founded in 1977, filed for insolvency last week due to decreased revenue despite a loyal following, highlighting broader economic challenges faced by Berlin's nightlife and the need for adaptation.

Progress

44% Bias Score

Reduced Inequality
dw.com
🌐 85% Global Worthiness
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Germany's Shadow Economy Surges to Record High

Germany's shadow economy reached €482 billion in 2024, a record high exceeding the federal budget, driven by high taxes, poor public services, and increased social benefits, with economist Friedrich Schneider predicting further growth to €511 billion in 2025.

Progress

44% Bias Score

Decent Work and Economic Growth
kathimerini.gr
🌐 75% Global Worthiness
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Berlin's Historic SchwuZ Gay Club Files for Bankruptcy

Berlin's oldest gay club, SchwuZ, filed for bankruptcy due to rising inflation, changing nightlife trends, and financial difficulties, highlighting broader challenges facing Berlin's nightlife scene.

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24% Bias Score

Reduced Inequality
english.elpais.com
🌐 90% Global Worthiness
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Haiti's Crisis: Violence, Poverty, and the Struggle for Recovery

Haiti faces a severe crisis with 8,700 deaths from violence (early 2024-June 2025), 26.9% inflation, and five years of declining GDP; international banks are developing recovery plans, but implementation is hindered by gang control of 90% of Port-au-Prince.

Progress

40% Bias Score

No Poverty
bbc.com
🌐 85% Global Worthiness
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22 Dead in Angola Fuel Price Protest

At least 22 people died and 200 were injured in protests in Angola against fuel price hikes, causing widespread unrest, business closures, and over 1,200 arrests; the government called the protests acts of vandalism.

Progress

52% Bias Score

Peace, Justice, and Strong Institutions
dw.com
🌐 85% Global Worthiness
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Germany Projects €172.1 Billion Budget Deficit

The German government projects a €172.1 billion budget deficit from 2027-2029, exceeding initial estimates due to tax cuts, accelerated pension increases, and high interest payments, raising concerns about fiscal sustainability.

Progress

40% Bias Score

Reduced Inequality
dailymail.co.uk
🌐 85% Global Worthiness
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American Whiskey Industry Faces Crisis Amidst Bankruptcies and Trade Wars

Multiple American whiskey distilleries, including Luca Mariano and Garrard County, have filed for bankruptcy due to decreased consumer spending, rising production costs, and trade disputes, resulting in job losses and economic uncertainty.

Progress

48% Bias Score

Decent Work and Economic Growth
nos.nl
🌐 85% Global Worthiness
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39% US Tariff Slams Swiss Economy; Market Plunges

The U.S. imposed a 39% import tariff on Swiss goods, causing a 1.8% drop in the Swiss SMI stock market index and prompting a government crisis response, particularly impacting luxury goods exporters, with negotiations ongoing before the tariffs take effect on Thursday.

Progress

64% Bias Score

Decent Work and Economic Growth
elpais.com
🌐 90% Global Worthiness
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Haiti Crisis: Revised Recovery Plan Focuses on Northern Region Amidst Violence

Haiti's spiraling violence, resulting in about 8,700 deaths between early 2024 and June 2025, alongside economic decline and 90% of Port-au-Prince under gang control, necessitates revised recovery plans focusing on the Northern region; however, security concerns remain paramount.

Progress

44% Bias Score

No Poverty
zeit.de
🌐 85% Global Worthiness
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ZF Reports €195 Million Loss, Announces Further Job Cuts

ZF Friedrichshafen, a major German auto supplier, reported a €195 million loss in the first half of 2024, attributing it to slow electric vehicle adoption, reduced orders, and high restructuring costs. The company is cutting up to 14,000 jobs in Germany by 2028 and is considering strategic options f...

Progress

44% Bias Score

Decent Work and Economic Growth
taz.de
🌐 75% Global Worthiness
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Burundi Drivers' Strike Paralyzes Nation Amidst Soaring Fuel Prices

A nationwide drivers' strike has paralyzed Burundi due to soaring fuel prices caused by government policies favoring a company with alleged ties to the president, resulting in rationing and a black market trade in adulterated fuel. This highlights the country's economic crisis and impacts daily life...

Progress

40% Bias Score

No Poverty
dw.com
🌐 85% Global Worthiness
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Greece's Tourism Sector Faces Severe Labor Shortage Amidst Restrictive Immigration Policies

Greece's tourism sector faces a critical labor shortage of at least 60,000 workers due to the pandemic, unattractive seasonal work conditions, and restrictive immigration policies, impacting businesses and hindering economic growth.

Progress

56% Bias Score

Decent Work and Economic Growth

Showing 73 to 84 of 505 results