Tag #Economic Crisis

welt.de
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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...

Progress

48% Bias Score

Sustainable Cities and Communities
taz.de
🌐 75% Global Worthiness
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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.

Progress

68% Bias Score

Reduced Inequality
theguardian.com
🌐 85% Global Worthiness
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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.

Progress

48% Bias Score

Reduced Inequality
theglobeandmail.com
🌐 85% Global Worthiness
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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.

Progress

32% Bias Score

Affordable and Clean Energy
dw.com
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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.

Progress

40% Bias Score

Zero Hunger
arabic.euronews.com
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"No-Confidence Vote Could Trigger Early German Elections in February"

"German Chancellor Olaf Scholz faces a no-confidence vote on December 16th; a loss could trigger early elections on February 23rd due to coalition collapse following the dismissal of Finance Minister Lindner, and disagreements on economic and social policies."

Progress

32% Bias Score

Decent Work and Economic Growth
elpais.com
🌐 75% Global Worthiness
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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.

Progress

36% Bias Score

Reduced Inequality
it.euronews.com
🌐 75% Global Worthiness
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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...

Progress

40% Bias Score

No Poverty
tr.euronews.com
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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.

Progress

40% Bias Score

Reduced Inequality
nos.nl
🌐 85% Global Worthiness
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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.

Progress

48% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
🌐 85% Global Worthiness
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"$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."

Progress

64% Bias Score

Reduced Inequality
taz.de
🌐 85% Global Worthiness
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Volkswagen to Cut 1,000 Jobs Amidst Electric Vehicle Sales Slump

Volkswagen will eliminate 1,000 temporary contracts at its Zwickau electric vehicle plant by end of 2025 due to declining electric vehicle sales (down 14% in Europe from January to September 2024) and criticism of its model strategy, impacting nearly 10,000 employees and highlighting broader issues ...

Progress

60% Bias Score

Decent Work and Economic Growth